About Sathy Silks Private Limited
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Sathy Silks Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 21 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ2006PTC012950. Its GSTIN is 33AACCG6357R1Z2 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹14.5 Cr and a paid-up capital of ₹14.29 Cr. It was formerly known as Gercy Silks Private Limited. It is led by directors including Nachammal Kulandaivel Nandhagopal (Managing Director) and Tiruppur Nandhagopal Janani Keerthika.
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 6/12 College Road Ist Cross, Tirupur, Tamil Nadu, India – 641602.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,045.73 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹32.14 Cr (net margin 3.1%) and EBITDA of ₹85.54 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 29% over five years.
The company has about 1,947 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹632.71 Cr and satisfied charges of ₹80 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thechennaisilks.com.
Company details
Contact details
Sathy Silks Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is thechennaisilks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6/12 College Road Ist Cross, Tirupur, Tamil Nadu, India – 641602
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sathy Silks Private Limited, buy the company report.
- 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
Business activity
The main business activities of Sathy Silks are trade and manufacturing. In detail, this covers retail trading and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sathy Silks Private Limited, buy the company report.
Financials of Sathy Silks Private Limited
FY 2024 filings availableSathy Silks Private Limited reported revenue of ₹1,045.73 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 10% growth in the latest year. EBITDA rose 36% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹85.54 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹32.14 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sathy Silks Private Limited, buy the company report.
Board of directors of Sathy Silks Private Limited
Sathy Silks has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tiruppur Nandhagopal Janani Keerthika | Director | 25 May 2018 | 8 Years 5 Months | Current |
| Nachammal Kulandaivel Nandhagopal Also directs: Teemage Safe Cares LLP, SCM Garments Private Limited, Campsvink Rock Mining Limited and 5 more | Managing Director | 21 Jul 2006 | 20 Years 3 Months | Current |
| Anandhi Also directs: Teemage Safe Cares LLP, G K Green Power Private Limited, Teemage Builders Private Limited and 1 more | Director | 21 Jul 2006 | 20 Years 3 Months | Current |
| Kulandaivel Nandhagopal Gayathri Devi Also directs: G K Green Power Private Limited, Jata Winsol Private Limited, Shree Nandhi Silks Private Limited and 1 more | Director | 12 Dec 2016 | 9 Years 10 Months | Current |
| Nandhagopal Rajalakshmi Priyanka | Director | 12 Dec 2016 | 9 Years 10 Months | Current |
| Karthikeyan Ganesan | Director | 19 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Sathy Silks Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malabar Cochin Arcade Private Limited | ₹1,127.62 Cr (FY 2025) | 8.0% | Kozhikode, Kerala, India | |||
| Sumangali Jewellers Private Limited | ₹1,077.63 Cr (FY 2025) | 27.0% | Coimbatore, Tamil Nadu, India | |||
| Sathy Silks Private Limitedthis company | ₹1,045.73 Cr (FY 2025) | ₹32.14 Cr | 3.1% | 10.0% | 1,947 | Tirupur, Tamil Nadu, India |
| Khimji-K.D.& Sons Private Limited | ₹1,045.09 Cr (FY 2024) | 6.0% | Bhubaneswar, Odisha, India | |||
| Waman Hari Pethe Sons Private Limited | ₹1,042.96 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Relay Stones Private Limited | ₹1,025.95 Cr (FY 2019) | 622.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sathy Silks Private Limited, buy the company report.
Auditor
Sathy Silks Private Limited is audited by M/s. C V D & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. C V D & CO | FY 2023 | 017469S |
Shareholding
The shareholding of Sathy Silks 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sathy Silks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2024 | 100906033 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 10 Oct 2022 | 100628479 | Hdfc Bank Limited | ₹22 Cr | Open | |
| 23 Feb 2022 | 100543840 | Hdfc Bank Limited | ₹23.71 Cr | Open | |
| 23 Feb 2022 | 100552826 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 12 Oct 2018 | 100218218 | Hdfc Bank Limited | ₹7 Cr | Open |
To see the full charge records of Sathy Silks Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Sathy Silks Private Limited has 4 court cases on record: 4 filed by Sathy Silks. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| Madras High Court | Court case (COMP.A) | Filed by the company | Disposed |
| Madras High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Sathy Silks Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sathy Silks Private Limited was last rated by Care on 12 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Apr 2022 |
To see the full credit ratings and regulatory alerts of Sathy Silks Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sathy Silks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sathy Silks Private Limited has a workforce of 1,947 employees on its EPFO records as of Mar 30, 2024, across 7 active EPFO establishments.
GST
Sathy Silks has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCG6357R1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sathy Silks Private Limited, buy the company report.
Recent activity
Sathy Silks Private Limited has 10 board changes on record since 2006: 6 appointments and 4 cessations. The latest: Karthikeyan Ganesan ceased to be Additional Director on 29 Sep 2023.
30 earlier events are in the company report.
Frequently asked questions
Sathy Silks is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 21 July 2006 (20+ years old) and is registered under CIN U18101TZ2006PTC012950.
Sathy Silks has 6 current directors:
- Nachammal Kulandaivel Nandhagopal - Managing Director
- Tiruppur Nandhagopal Janani Keerthika - Director
- Anandhi - Director
- Kulandaivel Nandhagopal Gayathri Devi - Director
- Nandhagopal Rajalakshmi Priyanka - Director
- Karthikeyan Ganesan - Director
The latest financial statements of Sathy Silks 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 Sathy Silks is 33AACCG6357R1Z2, 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 Sathy Silks is U18101TZ2006PTC012950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sathy Silks has 4 court cases on record: 4 filed by the company.
Sathy Silks was incorporated on 21 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sathy Silks by revenue are Malabar Cochin Arcade Private Limited, Sumangali Jewellers Private Limited, Khimji-K.D.& Sons Private Limited, Waman Hari Pethe Sons Private Limited, Relay Stones Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (retail trading).
Karthikeyan Ganesan ceased to be Additional Director on 29 Sep 2023. Karthikeyan Ganesan was appointed as Director on 19 May 2023. Tiruppur Nandhagopal Janani Keerthika ceased to be Additional Director on 11 Sep 2018. Sathy Silks has 10 board changes on record in total.
Sathy Silks can be reached through the website thechennaisilks.com. Its registered office is in Tirupur, Tamil Nadu, India.
The registered office of Sathy Silks is at 612 College Road Ist Cross, Tirupur, Tamil Nadu, India – 641602.
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