Saravana Poly Threads Private Limited

Saravana Poly Threads Private Limited - manufacturing in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17299TZ2001PTC009603 Incorporated 03 January 2001 ROC Coimbatore HQ Erode, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹57.56 Cr
▲ 6% YoY
Net profit · FY 2025
₹8.4 Cr
Net margin 14.6%
EBITDA · FY 2025
₹17.61 Cr
EBITDA margin 30.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹16.49 Cr
Satisfied ₹9.61 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
149
Provident fund records

About Saravana Poly Threads Private Limited

Data last updated:

Saravana Poly Threads Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 January 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2001PTC009603. Its GSTIN is 33AAFCS4406E1ZS (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Muthuvelappan Kandasamy (Whole-Time Director) and Kasipalayam Subramaniam Viswanathan (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sf No 74 /2 Thadappallivillage Singiripalayam Privu Akkaraikodivery Post, Erode, Tamil Nadu, India – 638454.

As per the financials filed for FY 2025, the company reported a revenue of ₹57.56 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹8.4 Cr (net margin 14.6%) and EBITDA of ₹17.61 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.

The company has about 149 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹16.49 Cr and satisfied charges of ₹9.61 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.

Saravana Poly Threads Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0003350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saravanapolythreads.net.

Company details

CIN U17299TZ2001PTC009603
Registration Number 009603
Incorporation Date 03 January 2001
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-07-0003350

Recognitions & Rankings of Saravana Poly Threads

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-07-0003350

Contact details

Saravana Poly Threads Private Limited's registered office is in Erode, Tamil Nadu. Its website is saravanapolythreads.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sf No 74 /2 Thadappallivillage Singiripalayam Privu Akkaraikodivery Post, Erode, Tamil Nadu, India – 638454
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Saravana Poly Threads Private Limited, buy the company report.

Comprehensive company report
Saravana Poly Threads Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activities of Saravana Poly Threads are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers textile, leather and other apparel products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Saravana Poly Threads Private Limited, buy the company report.

Financials of Saravana Poly Threads Private Limited

FY 2024 filings available

Saravana Poly Threads Private Limited reported revenue of ₹57.56 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹57.56 Cr ▲ 6%
Net profit · FY 2025
₹8.4 Cr margin 14.6%
EBITDA · FY 2025
₹17.61 Cr margin 30.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 11%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 15%
5 years · compounded
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 6% growth in the latest year. EBITDA rose 15% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹17.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.4 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin30.6%
Net Profit Margin14.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Saravana Poly Threads Private Limited, buy the company report.

Board of directors of Saravana Poly Threads Private Limited

Saravana Poly Threads has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Muthuvelappan KandasamyWhole-Time Director30 Aug 200323 Years 1 MonthsCurrent
Kasipalayam Subramaniam ViswanathanWhole-Time Director03 Jan 200125 Years 9 MonthsCurrent
Ramasamy KarthikeyanWhole-Time Director30 Aug 200323 Years 1 MonthsCurrent
Masiappan ThiruvenkatasubramaniamWhole-Time Director30 Aug 200323 Years 1 MonthsCurrent
Kugalur Subramaniagounder GowrishankarDirector30 Aug 200323 Years 1 MonthsCurrent
Kasipalayam Thiruvenkatasubramniam NatarajanWhole-Time Director03 Sep 201412 Years 1 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Saravana Poly Threads Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Deepmala Dyeing and Printing Mills Private Limited₹57.62 Cr (FY 2025)6.0%Surat, Gujarat, India
Sogo Fashions Private Limited₹57.62 Cr (FY 2025)22.0%Delhi, India
Sree Lakshmi Apparels Private Limited₹57.59 Cr (FY 2025)27.0%Tirupur, Tamil Nadu, India
Paras Synthetics (India) Private Limited₹57.56 Cr (FY 2019)33.0%Mumbai, Maharashtra, India
Shri Mahadev Silk Mills Private Limited₹57.56 Cr (FY 2024)-1.0%Surat, Gujarat, India
Saravana Poly Threads Private Limitedthis company₹57.56 Cr (FY 2025)₹8.4 Cr14.6%6.0%149Erode, Tamil Nadu, India
Hayward Synthetics Pvt Ltd₹57.41 Cr (FY 2024)-11.0%Mumvbai, Maharashtra, India
Kia Textiles Private Limited₹57.38 Cr (FY 2017)-47.0%Ludhiana, Punjab, India
Kartik Dyeing and Printing Mills Private Limited₹57.38 Cr (FY 2024)-7.0%Surat, Gujarat, India

To see the full peer comparison of Saravana Poly Threads Private Limited, buy the company report.

Auditor

Saravana Poly Threads Private Limited is audited by M.SUBBIAH &CHOWDARY ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M.SUBBIAH &CHOWDARY ASSOCIATESFY 202307337S

Shareholding

The shareholding of Saravana Poly Threads Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Saravana Poly Threads Private Limited, buy the company report.

Charges & borrowings

Open charges
₹16.49 Cr
Satisfied charges
₹9.61 Cr
Breakdown by lending institutions
Axis Bank Limited₹16.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Mar 201010210000Axis Bank Limited₹16.49 CrOpen
22 Feb 2022100547840Axis Bank Limited₹4 CrSatisfied
17 Sep 200180001072The South Indian Bank Limited₹5.61 CrSatisfied

To see the full charge records of Saravana Poly Threads Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Saravana Poly Threads Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Saravana Poly Threads Private Limited has a workforce of 149 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
149
Active EPFO establishments
1
Employee growth
2.76%

GST

Saravana Poly Threads has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAFCS4406E1ZSTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Saravana Poly Threads Private Limited, buy the company report.

Recent activity

Saravana Poly Threads Private Limited has 19 board changes on record since 2001: 13 appointments and 6 cessations. The latest: Savandapur Perumal Marayammal ceased to be Director on 03 Oct 2022.

Charges
A charge with Axis Bank Limited of Rs. 16.49 Cr registered on 15 Mar 2010 with Charge ID 10210000 was modified on 22 Jan 2025.
AGM
Saravana Poly Threads Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saravana Poly Threads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Savandapur Perumal Marayammal ceased to be Director.
Charges
A charge registered on 22 Feb 2022 via Charge ID 100547840 with Axis Bank Limited was fully satisfied on 05 Sep 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100547840 was registered on 22 Feb 2022.
Ceased
Andhiyur Veluswamynaidu Krishnadevarajan ceased to be Director.
Ceased
Natarajan Obuliraj ceased to be Director.
Ceased
Srinivasan ceased to be Director.
Ceased
Kasipalayam Palanisamy Tamilkumaran ceased to be Whole-Time Director.
Appointed
Kasipalayam Thiruvenkatasubramniam Natarajan was appointed as Whole-Time Director.
Appointed
Muthuvel Srividhya was appointed as Director.

17 earlier events are in the company report.

Frequently asked questions

Saravana Poly Threads is an active private limited company based in Erode, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 January 2001 (25+ years old) and is registered under CIN U17299TZ2001PTC009603.

Saravana Poly Threads has 7 current directors:

The latest financial statements of Saravana Poly Threads on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Saravana Poly Threads is 33AAFCS4406E1ZS, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Saravana Poly Threads is U17299TZ2001PTC009603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saravana Poly Threads has 3 court cases on record: 3 filed against it.

Saravana Poly Threads was incorporated on 03 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Saravana Poly Threads by revenue are Deepmala Dyeing and Printing Mills Private Limited, Sogo Fashions Private Limited, Sree Lakshmi Apparels Private Limited, Paras Synthetics (India) Private Limited, Shri Mahadev Silk Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Savandapur Perumal Marayammal ceased to be Director on 03 Oct 2022. Andhiyur Veluswamynaidu Krishnadevarajan ceased to be Director on 24 Jan 2018. Natarajan Obuliraj ceased to be Director on 24 Jan 2018. Saravana Poly Threads has 19 board changes on record in total.

Yes, Saravana Poly Threads is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-07-0003350).

Saravana Poly Threads can be reached through the website saravanapolythreads.net. Its registered office is in Erode, Tamil Nadu, India.