MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TN-03-0011790
Sathya Shyam Spinners Private Limited
Sathya Shyam Spinners Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.87 Cr
▼ 39% YoY
Net loss · FY 2024
₹1.42 Lakh
Net margin -0.5%
EBITDA · FY 2024
₹24.62 Lakh
EBITDA margin 8.6%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹64.2 Lakh
Issued & subscribed
Open charges
₹3.54 Cr
Secured borrowings
Company age
34 yrs
Est. 1992
Employees · EPFO
11
Provident fund records
About Sathya Shyam Spinners Private Limited
Data last updated:
Sathya Shyam Spinners Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1992PTC003788. Its GSTIN is 33AAECS3341M1ZC (Tamil Nadu).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹64.2 Lakh. It is led by directors including Shanmugam Thilagavathy and Shanmugham Shyamsunder.
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 161 Pollachi Road Pollachi Road, Coimbatore, Tamil Nadu, India – 641021.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.87 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Lakh (net margin -0.5%) and EBITDA of ₹24.62 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.54 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
Sathya Shyam Spinners Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0011790). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TZ1992PTC003788
Registration Number 003788
Incorporation Date 18 June 1992
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0011790
Key People
Shanmugam Thilagavathy Director Shanmugham Shyamsunder Director Poomalaipillai Shanmugam Director Recognitions & Rankings of Sathya Shyam Spinners
Contact details
Sathya Shyam Spinners Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address161 Pollachi Road Pollachi Road, Coimbatore, Tamil Nadu, India – 641021
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sathya Shyam Spinners Private Limited, buy the company report.
Comprehensive company report
Sathya Shyam Spinners 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 activity of Sathya Shyam Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sathya Shyam Spinners Private Limited, buy the company report.
Financials of Sathya Shyam Spinners Private Limited
FY 2024 filings availableSathya Shyam Spinners Private Limited reported revenue of ₹2.87 Cr (down 39% YoY) for FY 2024.
Revenue · FY 2024
₹2.87 Cr ▼ 39%
Net loss · FY 2024
₹1.42 Lakh margin -0.5%
EBITDA · FY 2024
₹24.62 Lakh margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 6%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 7%
5 years · compounded
▲ 5%
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹24.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.42 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | -0.5% | ||||
| 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 Sathya Shyam Spinners Private Limited, buy the company report.
Board of directors of Sathya Shyam Spinners Private Limited
Sathya Shyam Spinners has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanmugam Thilagavathy | Director | 18 Oct 1992 | 34 Years 0 Months | Current |
| Shanmugham Shyamsunder | Director | 18 Jun 1992 | 34 Years 4 Months | Current |
| Poomalaipillai Shanmugam | Director | 18 Jun 1992 | 34 Years 4 Months | Current |
Auditor
Sathya Shyam Spinners Private Limited is audited by K.S.G.SUBRAMANYAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.G.SUBRAMANYAM & CO | FY 2023 | 004151S |
Shareholding
The shareholding of Sathya Shyam Spinners 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sathya Shyam Spinners Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.54 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2020 | 100347365 | State Bank of India | ₹1.72 Cr | Open | |
| 24 Mar 2015 | 10574232 | State Bank of India | ₹90 Lakh | Open | |
| 24 Nov 1993 | 90002583 | State Bank of India | ₹92 Lakh | Open |
To see the full charge records of Sathya Shyam Spinners Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sathya Shyam Spinners Private Limited has 6 court cases on record: 5 filed by Sathya Shyam Spinners, 1 filed against it. All cases are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0433-Indirect Taxes Matters : Appeals u/s 35 L of Central Excise and Salt Act, 1944.) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against The State of Tamilnadu Rep.By and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (WAMP) | Filed by the company against The State of Tamilnadu Rep.By | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against State of Tamilnadu Rep by and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State of Tamilnadu Rep by and 1 other | Disposed |
To see the full case history of Sathya Shyam Spinners 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sathya Shyam Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sathya Shyam Spinners Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sathya Shyam Spinners Private Limited, buy the company report.
GST
Sathya Shyam Spinners has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECS3341M1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sathya Shyam Spinners Private Limited, buy the company report.
Recent activity
Sathya Shyam Spinners Private Limited has 3 board changes on record since 1992: 3 appointments. The latest: Shanmugam Thilagavathy was appointed as Director on 18 Oct 1992.
AGM
Sathya Shyam Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sathya Shyam Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with State Bank Of India of Rs. 172.00 Lakh registered on 08 Jun 2020 with Charge ID 100347365 was modified on 03 Aug 2023.
Charges
A charge with State Bank Of India amounted to Rs. 172.00 Lakh with Charge ID 100347365 was registered on 08 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 90.00 Lakh with Charge ID 10574232 was registered on 24 Mar 2015.
Charges
A charge with State Bank Of India of Rs. 92.00 Lakh registered on 24 Nov 1993 with Charge ID 90002583 was modified on 10 Nov 2011.
Charges
A charge with State Bank Of India amounted to Rs. 92.00 Lakh with Charge ID 90002583 was registered on 24 Nov 1993.
Appointed
Shanmugam Thilagavathy was appointed as Director.
Appointed
Poomalaipillai Shanmugam was appointed as Director.
Appointed
Shanmugham Shyamsunder was appointed as Director.
Incorporation
18 Jun 1992
Sathya Shyam Spinners Private Limited was registered on 18 Jun 1992 with Roc Coimbatore & aged 34 years 4 months as per MCA records.
Frequently asked questions
Sathya Shyam Spinners is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 June 1992 (34+ years old) and is registered under CIN U17111TZ1992PTC003788.
Sathya Shyam Spinners has 3 current directors:
- Shanmugam Thilagavathy - Director
- Shanmugham Shyamsunder - Director
- Poomalaipillai Shanmugam - Director
The latest financial statements of Sathya Shyam Spinners 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 Sathya Shyam Spinners is 33AAECS3341M1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sathya Shyam Spinners is U17111TZ1992PTC003788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sathya Shyam Spinners has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the high courts.
Sathya Shyam Spinners was incorporated on 18 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Coimbatore.
Shanmugam Thilagavathy was appointed as Director on 18 Oct 1992. Poomalaipillai Shanmugam was appointed as Director on 18 Jun 1992. Shanmugham Shyamsunder was appointed as Director on 18 Jun 1992.
Yes, Sathya Shyam Spinners is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0011790).
The registered office of Sathya Shyam Spinners is at 161 Pollachi Road Pollachi Road, Coimbatore, Tamil Nadu, India – 641021.
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