About Shakti Cords Private Limited
Data last updated:
Shakti Cords Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17297TN2003PTC051243. Its GSTIN is 33AAHCS3989E1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Divya Fatehpuria and Vasudev Gupta.
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 Shed No Cs – 17 & 18 SIDCO Industrial Estate Kappalur, Madurai, Tamil Nadu, India – 625008.
As per the financials filed for FY 2024, the company reported a revenue of ₹105.37 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹12.26 Cr (net margin 11.6%) and EBITDA of ₹17.37 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 12% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shakti Cords. As per MCA filings, the company has satisfied charges of ₹9.66 Cr on record. Court records list 19 cases involving the company, including 13 filed by the company and 6 filed against it; 13 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in July 2015. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 5 smaller; the largest is Perlei Textiles Private Limited with revenue of ₹105.88 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shakticords.com.
Company details
Contact details
Shakti Cords Private Limited's registered office is in Madurai, Tamil Nadu. Its website is shakticords.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShed No Cs – 17 & 18 SIDCO Industrial Estate Kappalur, Madurai, Tamil Nadu, India – 625008
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shakti Cords 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
Brands
Shakti Cords operates one associated brand: Shakti Cords. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of textile reinforcements for the rubber industry | shakticords.com |
Business activity
The main business activity of Shakti Cords 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 Shakti Cords Private Limited, buy the company report.
Financials of Shakti Cords Private Limited
FY 2024 filings availableShakti Cords Private Limited reported revenue of ₹105.37 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 24% growth in the latest year. EBITDA rose 54% 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 | ₹17.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.26 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | ||||
| Net Profit Margin | 11.6% | ||||
| 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 Shakti Cords Private Limited, buy the company report.
Board of directors of Shakti Cords Private Limited
Shakti Cords has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divya Fatehpuria Also directs: G D Textiles (Madurai) Private Limited | Director | 21 Jan 2010 | 16 Years 9 Months | Current |
| Vasudev Gupta Also directs: G D Textiles (Madurai) Private Limited, GD Performance Textiles Private Limited, Prosperity Capital Private Limited and 2 more | Director | 26 Jun 2015 | 11 Years 4 Months | Current |
| Shyam Prakash Fatehpuria Also directs: G D Textiles (Madurai) Private Limited, GD Performance Textiles Private Limited, Prosperity Capital Private Limited and 1 more | Director | 18 Jul 2003 | 23 Years 3 Months | Current |
Peer comparison
Shakti Cords 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perlei Textiles Private Limited | ₹105.88 Cr (FY 2025) | 1.0% | Tirupur, Tamil Nadu, India | |||
| N Tex Apparel Private Limited | ₹105.8 Cr (FY 2025) | 17.0% | Tirupur, Tamil Nadu, India | |||
| Sreedhara Textiles Private Limited | ₹105.55 Cr (FY 2025) | 0.0% | Coimbatore, Tamil Nadu, India | |||
| Shakti Cords Private Limitedthis company | ₹105.37 Cr (FY 2024) | ₹12.26 Cr | 11.6% | 24.0% | 76 | Madurai, Tamil Nadu, India |
| Girnar Spintex Industries Limited | ₹105.3 Cr (FY 2025) | 9.0% | Kolhapur, Maharashtra, India | |||
| The Mahabir Jute Mills Limited | ₹105.27 Cr (FY 2025) | -5.0% | Sahjanwa, Uttar Pradesh, India | |||
| Suvidhi Textiles Private Limited | ₹105.17 Cr (FY 2025) | -3.0% | Punjab, India | |||
| Arora Knit Fab Private Limited | ₹105.1 Cr (FY 2025) | -5.0% | Punjab, India | |||
| H N Cotex Private Limited | ₹104.99 Cr (FY 2025) | -28.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Shakti Cords Private Limited, buy the company report.
Auditor
Shakti Cords Private Limited is audited by ANAND & PONNAPPAN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND & PONNAPPAN | FY 2021 | 000111S |
Shareholding
The shareholding of Shakti Cords Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Shakti Cords Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2004 | 90287869 | Canara Bank | ₹9.66 Cr | Satisfied |
To see the full charge records of Shakti Cords Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Shakti Cords Private Limited has 3 deals on record (3 secondary share transfers); the latest was in July 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shakti Cords Private Limited has 19 court cases on record: 13 filed by Shakti Cords, 6 filed against it. 13 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 6 | 8 |
| District courts | 5 | 0 | 5 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Court case (COS) | Filed by the company against Ryder Trans International Pvtltd,Repr by Its Dirs Pooja Surana Punya Pal Surana Arpit Surana, Sahana | Pending |
| High Court, TAMIL NADU | Civil miscellaneous application | Filed against the company by Association of Synthetic Fibre Industry | Disposed |
| District court, Madurai, Tamil Nadu | Court case (COS) | Filed by the company against Jain Transmission India Pvt Ltd, Represented by Its Director | Pending |
| District court, Madurai, Tamil Nadu | Criminal case | Filed by the company against Perfect Rubber Industries Rep by Its Partners | Pending |
| District court, Madurai, Tamil Nadu | Criminal case | Filed by the company against Perfect Rubber Industries | Pending |
To see the full case history of Shakti Cords 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 Shakti Cords Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shakti Cords Private Limited has a workforce of 76 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Shakti Cords has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCS3989E1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shakti Cords Private Limited, buy the company report.
Recent activity
Shakti Cords Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Vasudev Gupta ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Shakti Cords is an active private limited company based in Madurai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 July 2003 (23+ years old) and is registered under CIN U17297TN2003PTC051243.
Shakti Cords has 3 current directors:
- Divya Fatehpuria - Director
- Vasudev Gupta - Director
- Shyam Prakash Fatehpuria - Director
The latest financial statements of Shakti Cords 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 Shakti Cords is 33AAHCS3989E1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Shakti Cords is U17297TN2003PTC051243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Cords has 19 court cases on record: 13 filed by the company and 6 filed against it. 13 are pending. Most are in the high courts.
Shakti Cords was incorporated on 18 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Shakti Cords has 3 deals on record (3 secondary share transfers); the latest was in July 2015.
The peers of Shakti Cords by revenue are Perlei Textiles Private Limited, N Tex Apparel Private Limited, Sreedhara Textiles Private Limited, Girnar Spintex Industries Limited, The Mahabir Jute Mills Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Vasudev Gupta ceased to be Additional Director on 30 Sep 2015. Vasudev Gupta was appointed as Director on 26 Jun 2015. Jugalkishore Fatehpuria ceased to be Director on 31 Oct 2010. Shakti Cords has 6 board changes on record in total.
Shakti Cords can be reached through the website shakticords.com. Its registered office is in Madurai, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
