MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0000623
Shakthi Knitting Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹437.84 Cr
▲ 15% YoY
Net profit · FY 2025
₹10.35 Cr
Net margin 2.4%
EBITDA · FY 2025
₹38.55 Cr
EBITDA margin 8.8%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹10.4 Cr
Issued & subscribed
Open charges
₹351.87 Cr
Satisfied ₹498.49 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
1,523
Provident fund records
About Shakthi Knitting Private Limited
Data last updated:
Shakthi Knitting Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17301TN1991PTC020736. Its GSTIN is 33AAECS4040H1ZP (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹10.4 Cr. It was formerly known as Shakthi Knitting Limited. It is led by directors Vasanthkumar (Managing Director) and Vivekananda Siddamalai Gounder Krishnaswamy (Managing Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹437.84 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹10.35 Cr (net margin 2.4%) and EBITDA of ₹38.55 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The company has about 1,523 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹351.87 Cr and satisfied charges of ₹498.49 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
Shakthi Knitting Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0000623). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shakthiknitting.com.
Company details
CIN U17301TN1991PTC020736
Registration Number 020736
Incorporation Date 06 May 1991
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-28-0000623
Name history
Shakthi Knitting has undergone 2 name changes throughout its history. The company was previously known as Shakthi Knitting Private Limited, and Shakthi Knitting Limited. The current legal name is Shakthi Knitting Private Limited.
| Company Name | Status |
|---|---|
| Shakthi Knitting Private Limited | Current |
| Shakthi Knitting Limited | Previous |
Key People
Vasanthkumar Managing Director Vivekananda Siddamalai Gounder Krishnaswamy Managing Director Krishnan Ramakrishnan Iyer Company Secretary Recognitions & Rankings of Shakthi Knitting
Contact details
Shakthi Knitting Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shakthiknitting.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPalmwoods Apartment No.2, 21st Cross Street Indra Nagar, Chennai, Tamil Nadu, India – 600020
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shakthi Knitting Private Limited, buy the company report.
Comprehensive company report
Shakthi Knitting 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 Shakthi Knitting 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 Shakthi Knitting Private Limited, buy the company report.
Financials of Shakthi Knitting Private Limited
FY 2025 filings availableShakthi Knitting Private Limited reported revenue of ₹437.84 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹437.84 Cr ▲ 15%
Net profit · FY 2025
₹10.35 Cr margin 2.4%
EBITDA · FY 2025
₹38.55 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 7%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 18%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 15% growth in the latest year. EBITDA rose 30% 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 |
|---|---|---|---|---|---|
| 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 | ₹38.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.35 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Shakthi Knitting Private Limited, buy the company report.
Board of directors and KMP of Shakthi Knitting Private Limited
Shakthi Knitting Private Limited currently reports 2 directors and 1 key managerial person. 12 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasanthkumar | Managing Director | 06 May 1991 | 35 Years 6 Months | Current |
| Vivekananda Siddamalai Gounder Krishnaswamy Also directs: Krida Advanced Material LLP, SKL Prosport Apparels Private Limited | Managing Director | 06 May 1991 | 35 Years 6 Months | Current |
| Krishnan Ramakrishnan Iyer Also directs: Navin Housing and Properties Private Limited | Company Secretary | 01 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
Shakthi Knitting Private Limited is compared with the 7 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kumaragiri Spinnerss Private Limited | ₹450.89 Cr (FY 2025) | 12.0% | Namakkal, Tamil Nadu, India | |||
| Ganesha Ecopet Private Limited | ₹441.37 Cr (FY 2025) | 319.0% | Kanpur, Uttar Pradesh, India | |||
| V.P. Tex Private Limited | ₹439.34 Cr (FY 2025) | 25.0% | Pallipalayam, Tamil Nadu, India | |||
| Shakthi Knitting Private Limitedthis company | ₹437.84 Cr (FY 2025) | ₹10.35 Cr | 2.4% | 15.0% | 1,523 | Chennai, Tamil Nadu, India |
| Cta Apparels Private Limited | ₹437.84 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Rama Krishna Knitters Private Limited | ₹436.46 Cr (FY 2015) | -23.0% | Ludhiana, Punjab, India | |||
| Eastman Spinning Mills Private Limited | ₹432.73 Cr (FY 2022) | 83.0% | Tirupur, Tamil Nadu, India | |||
| Shiva Texfabs Limited | ₹424.27 Cr (FY 2025) | 1.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Shakthi Knitting Private Limited, buy the company report.
Auditor
Shakthi Knitting Private Limited is audited by G.K.P Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.K.P Associates | FY 2023 | 007680S |
Shareholding
The shareholding of Shakthi Knitting 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 Shakthi Knitting Private Limited, buy the company report.
Charges & borrowings
Open charges
₹351.87 Cr
Satisfied charges
₹498.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2019 | 100287135 | State Bank of India | ₹163.08 Cr | Open | |
| 25 Apr 2005 | 80056462 | State Bank of India | ₹188.79 Cr | Open | |
| 07 Feb 2022 | 100538174 | Idbi Bank Limited | ₹1.79 Cr | Satisfied | |
| 28 Dec 2021 | 100527956 | Others | ₹1.75 Cr | Satisfied | |
| 15 Dec 2021 | 100518695 | State Bank of India | ₹5.16 Cr | Satisfied |
To see the full charge records of Shakthi Knitting Private Limited, buy the company report.
Total charge records: 28 View all charges
Legal cases
Shakthi Knitting Private Limited has 5 court cases on record: 3 filed by Shakthi Knitting, 2 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 2 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Innovative Textiles Limited Through Its Ar Amit Kumar | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamil Nadu, | Pending |
| District court, Tiruppur, Tamil Nadu | Appeal | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State of Tamil Nadu Rep.By and 3 others | Disposed |
To see the full case history of Shakthi Knitting 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
Shakthi Knitting Private Limited was last rated by Crisil on 05 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Feb 2020 |
To see the full credit ratings and regulatory alerts of Shakthi Knitting Private Limited, buy the company report.
MSME payment delays
Shakthi Knitting Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 26 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Fresh Print LLP | |||
| an individual supplier | |||
| Knitsburg Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Shakthi Knitting Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shakthi Knitting has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Shakthi Knitting Private Limited has a workforce of 1,523 employees on its EPFO records as of Apr 07, 2024, across 3 active EPFO establishments.
Employee count
1,523
Active EPFO establishments
3
Employee growth
23.72%
GST
Shakthi Knitting has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECS4040H1ZP | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAECS4040H2ZO | Tamil Nadu | Active | 16 Apr 2021 |
To see the full GST registrations and return filing status of Shakthi Knitting Private Limited, buy the company report.
Recent activity
Shakthi Knitting Private Limited has 14 board changes on record since 1991: 3 appointments and 11 cessations. The latest: Krishnan Ramakrishnan Iyer was appointed as Company Secretary on 01 Apr 2024.
AGM
Shakthi Knitting Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Filing
Shakthi Knitting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with State Bank Of India of Rs. 163.08 Cr registered on 17 Aug 2019 with Charge ID 100287135 was modified on 06 Feb 2025.
Appointed
Krishnan Ramakrishnan Iyer was appointed as Company Secretary.
Charges
A charge with State Bank Of India of Rs. 188.79 Cr registered on 25 Apr 2005 with Charge ID 80056462 was modified on 29 Apr 2022.
Charges
A charge registered on 15 Dec 2021 via Charge ID 100518695 with State Bank Of India was fully satisfied on 29 Mar 2022.
Charges
A charge registered on 28 Dec 2021 via Charge ID 100527956 with Others was fully satisfied on 28 Mar 2022.
Charges
A charge registered on 07 Feb 2022 via Charge ID 100538174 with Idbi Bank Limited was fully satisfied on 25 Mar 2022.
Charges
A charge registered on 16 Jul 2021 via Charge ID 100469949 with Others was fully satisfied on 25 Mar 2022.
Charges
A charge with Idbi Bank Limited amounted to Rs. 1.79 Cr with Charge ID 100538174 was registered on 07 Feb 2022.
Charges
A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100527956 was registered on 28 Dec 2021.
Charges
A charge with State Bank Of India amounted to Rs. 5.16 Cr with Charge ID 100518695 was registered on 15 Dec 2021.
66 earlier events are in the company report.
Frequently asked questions
Shakthi Knitting is an active private limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 May 1991 (35+ years old) and is registered under CIN U17301TN1991PTC020736.
Shakthi Knitting has 3 current directors and KMP:
- Vasanthkumar - Managing Director
- Vivekananda Siddamalai Gounder Krishnaswamy - Managing Director
- Krishnan Ramakrishnan Iyer - Company Secretary
The latest financial statements of Shakthi Knitting on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shakthi Knitting is 33AAECS4040H1ZP, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAECS4040H2ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of Shakthi Knitting is U17301TN1991PTC020736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakthi Knitting has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Shakthi Knitting was incorporated on 06 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Shakthi Knitting by revenue are Kumaragiri Spinnerss Private Limited, Ganesha Ecopet Private Limited, V.P. Tex Private Limited, Cta Apparels Private Limited, Rama Krishna Knitters Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Krishnan Ramakrishnan Iyer was appointed as Company Secretary on 01 Apr 2024. Vivekananda Siddamalai Gounder Krishnaswamy ceased to be Managing Director on 20 Nov 2021. Parandhaman Parimala ceased to be Director on 31 Mar 2021. Shakthi Knitting has 14 board changes on record in total.
Yes, Shakthi Knitting is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0000623).
Shakthi Knitting has 13 MSME Form 1 returns on record between 2019 and 2023, listing 26 overdue payments to 6 micro and small suppliers. The latest return was filed on 05 Feb 2024.
Shakthi Knitting can be reached through the website shakthiknitting.com. Its registered office is in Chennai, Tamil Nadu, India.
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