Shankarshana Textile Limited
About Shankarshana Textile Limited
Data last updated:
Shankarshana Textile Limited was a public limited company based in Coimbatore, Tamil Nadu, India, operated as a subsidiary of The Kadri Mills (Cbe) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 15 December 2004.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2004PLC011485. Its GSTIN is 33AAICS8631C1ZI (Tamil Nadu).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Balasundharam Srihari Prasadh and Govindaswamy Kannappan.
Its last annual general meeting (AGM) was held on 31 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 126 Arts College Road Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.86 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹79,034 (net margin 0.4%) and EBITDA of ₹1 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 138% over three years and 78% over five years.
Company details
Contact details
Shankarshana Textile Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address126 Arts College Road Coimbatore, Tamil Nadu, India – 641018
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Shankarshana Textile 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 activity of Shankarshana Textile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Shankarshana Textile Limited, buy the company report.
Financials of Shankarshana Textile Limited
FY 2020 filings availableShankarshana Textile Limited reported revenue of ₹1.86 Cr (up 112% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years, including 112% growth 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.86 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79,034 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Shankarshana Textile Limited, buy the company report.
Board of directors of Shankarshana Textile Limited
Shankarshana Textile has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasundharam Srihari Prasadh Also directs: The Kadri Mills (Cbe) Private Limited | Director | 12 Sep 2018 | 8 Years 1 Months | As last reported |
| Govindaswamy Kannappan Also directs: Shardha Properties Developers LLP, Micro Cotton India LLP, Homeconcepts LLP and 5 more | Director | 01 Oct 2020 | 6 Years 0 Months | As last reported |
| Geethalakshmi Vijayakumar Also directs: Shardha Properties Developers LLP, Mahalakshmi Enterprises LLP, TNCD Cloud LLP and 5 more | Director | 24 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Shankarshana Textile Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geebinco Foods Private Limited | ₹1.86 Cr (FY 2024) | 79.0% | Chandigarh, India | |||
| Gangour Sales Promotion Private Limited | ₹1.86 Cr (FY 2020) | 138.0% | Kolkata, West Bengal, India | |||
| Vatika Dyeing and Printing Private Limited | ₹1.86 Cr (FY 2025) | 5.0% | Delhi, India | |||
| Shankarshana Textile Limitedthis company | ₹1.86 Cr (FY 2020) | ₹79,034 | 0.4% | 112.0% | Coimbatore, Tamil Nadu, India | |
| Shreeya Syncotex Private Limited | ₹1.86 Cr (FY 2025) | -48.0% | Bhilwara, Rajasthan, India | |||
| Stelios Ventures Private Limited | ₹1.86 Cr (FY 2024) | 533.0% | Bangalore, Karnataka, India | |||
| Benlay Enterprise Private Limited | ₹1.85 Cr (FY 2025) | 64.0% | Delhi, India | |||
| Shyflabs Technology Private Limited | ₹1.85 Cr (FY 2023) | Haridwar, Uttarakhand, India |
To see the full peer comparison of Shankarshana Textile Limited, buy the company report.
Auditor
Shankarshana Textile Limited is audited by GOPALAIYER AND SUBRAMANIAN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPALAIYER AND SUBRAMANIAN | FY 2020 | 000960S |
Shareholding
The shareholding of Shankarshana Textile Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shankarshana Textile Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shankarshana Textile Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shankarshana Textile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shankarshana Textile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICS8631C1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shankarshana Textile Limited, buy the company report.
Recent activity
Shankarshana Textile Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Govindaswamy Kannappan ceased to be Additional Director on 31 Oct 2020.
1 earlier event is in the company report.
Frequently asked questions
Shankarshana Textile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Shankarshana Textile was a public limited company based in Coimbatore, Tamil Nadu, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 15 December 2004 and is registered under CIN U17111TZ2004PLC011485. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Shankarshana Textile was incorporated on 15 December 2004. It is registered with the Registrar of Companies, Coimbatore.
Shankarshana Textile had 3 directors:
- Balasundharam Srihari Prasadh - Director
- Govindaswamy Kannappan - Director
- Geethalakshmi Vijayakumar - Director
The CIN (Corporate Identification Number) of Shankarshana Textile is U17111TZ2004PLC011485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shankarshana Textile is at 126 Arts College Road Coimbatore, Tamil Nadu, India – 641018.
The latest financial statements of Shankarshana Textile on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 October 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Shankarshana Textile is 33AAICS8631C1ZI, registered in Tamil Nadu.
Shankarshana Textile operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Shankarshana Textile by revenue are Geebinco Foods Private Limited, Gangour Sales Promotion Private Limited, Vatika Dyeing and Printing Private Limited, Shreeya Syncotex Private Limited, Stelios Ventures Private Limited and 2 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Govindaswamy Kannappan ceased to be Additional Director on 31 Oct 2020. Ramasamy Ashyanth ceased to be Director on 31 Oct 2020. Govindaswamy Kannappan was appointed as Director on 01 Oct 2020. Shankarshana Textile has 10 board changes on record in total.