Shiva Mills Limited - appreal & fashion in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L17111TZ2015PLC022007 Incorporated 24 November 2015 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Listed - NSE: SHIVAMILLS · BSE: 540961 Public Limited Company appreal and fashion MSME · Medium
Data last updated
Market Cap
₹50.50 Cr
SHIVAMILLS · NSE
Share Price
₹57.87
-0.98% today
Revenue
₹139 Cr
FY 2025-26 · -17.8% YoY
EBITDA
₹5.70 Cr
Margin 4.1%
Net Profit
−₹0.73 Cr
FY 2025-26 · +81.8% YoY
P/E (TTM)
14.3x
P/B 0.5x
ROE
-0.8%
ROCE -0.7%
Debt / Equity
0.05
Interest cover -32.5x

About Shiva Mills Limited

Data last updated:

Shiva Mills Limited is a public limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Annamallai Retreading Company Private Limited. It operates in the apparel and garments segment of the apparel and fashion sector. It was incorporated on 24 November 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN L17111TZ2015PLC022007. Its GSTIN is 33AAXCS5170R1ZC (Tamil Nadu). It is a listed company as per MCA records. Its shares are listed on BSE: 540961 and NSE: SHIVAMILLS.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.64 Cr. It was formerly known as Styl Textile Ventures Limited. It is led by directors including Sangampalayam Vedanayagam Alagappan (Managing Director) and Sivakumar Lalitha (Managing Director).

Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 249 – A Bye – Pass Road Mettupalayam Road, Coimbatore, Tamil Nadu, India – 641043.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹139.14 Cr, a decline of 17.8% compared to the previous year. For the same year it recorded a net loss of ₹73 Lakh (net margin -0.5%) and EBITDA of ₹5.7 Cr (EBITDA margin 4.1%). The net worth stands at ₹92.49 Cr (up 0.1% YoY). Total assets are valued at ₹92.96 Cr (down 9.5% YoY).

The company has about 731 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Shiva mills. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹35.45 Cr on record. Court records list 13 cases involving the company, including 13 filed by the company.

Shiva Mills Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0001066). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivamills.com.

Company details

CIN L17111TZ2015PLC022007
Registration Number 022007
Incorporation Date 24 November 2015
ROC Coimbatore
Listing Status Listed - Listed on NSE (SHIVAMILLS); Listed on BSE (540961)
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2026
Parent Company Annamallai Retreading Company Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0001066

CIN history

Shiva Mills has one previous CIN (Corporate Identification Number): U17111TZ2015PLC022007. The current CIN is L17111TZ2015PLC022007, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17111TZ2015PLC022007Current
U17111TZ2015PLC022007Previous

Recognitions & Rankings of Shiva Mills

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-03-0001066

Contact details

Shiva Mills Limited's registered office is in Coimbatore, Tamil Nadu. Its website is shivamills.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    249 – A Bye – Pass Road Mettupalayam Road, Coimbatore, Tamil Nadu, India – 641043
  • Industry
    Appreal & Fashion, Apparel, Textile, Leather

To see the full contact details of Shiva Mills Limited, buy the company report.

Comprehensive company report
Shiva Mills 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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Brands

Shiva Mills operates one associated brand: Shiva mills. Each brand links to its own profile.

BrandDescriptionWebsite
Quality yarn and textile fabric are manufactured by Shiva Mills.shivamills.com

Business activity

The main business activity of Shiva Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Shiva Mills Limited, buy the company report.

Financials of Shiva Mills Limited

FY 2025-26 filings available

Shiva Mills Limited reported revenue of ₹139.14 Cr (down 17.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹139 Cr
-17.8% YoY
EBITDA
₹5.70 Cr
+157.9% YoY
Profit After Tax
−₹0.73 Cr
+81.8% YoY
Net Worth
₹92.49 Cr
+0.1% YoY
Total Assets
₹92.96 Cr
-9.5% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue139169158159213139164
Revenue growth-17.8%+7.2%-0.7%-25.3%+53.2%-15.4%-
EBITDA5.702.212.65(1.80)30.3320.1812.21
EBITDA margin+4.1%+1.3%+1.7%-1.1%+14.2%+14.5%+7.4%
Profit before tax(0.46)(4.25)(3.93)(7.48)24.5112.211.51
Net profit(0.73)(4.00)(3.67)(7.72)17.668.551.14
Net profit margin-0.5%-2.4%-2.3%-4.9%+8.3%+6.2%+0.7%
EPS (₹)(0.10)(4.41)(3.76)(8.28)20.439.901.32
Balance sheet
Total assets92.9610310799.9011694.56123
Net worth92.4992.4196.1899.8610890.7282.33
Total debt0.009.8910.300.007.933.8340.47
Cash & bank5.040.390.6311.061.953.860.42
Net working capital36.6041.3941.7732.1951.7426.5048.38
Cash flow
Cash from operations16.244.05(17.31)27.38(3.10)42.5816.35
Cash from investing(1.31)(2.65)(2.66)(8.35)(1.22)(0.11)(1.13)
Cash from financing(10.28)(1.64)9.53(9.92)2.42(39.12)(19.70)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue38.1036.8734.2630.4437.5641.0435.9848.07
Revenue growth (YoY)+1.4%-10.2%-4.8%-36.7%-15.1%---
Other income0.520.490.390.230.100.510.570.12
Total expenses33.5634.2633.6329.0736.5040.3736.0847.10
EBITDA4.542.610.631.371.060.67(0.10)0.97
EBITDA margin+11.9%+7.1%+1.8%+4.5%+2.8%+1.6%-0.3%+2.0%
Depreciation1.641.711.831.751.671.701.711.68
Interest0.020.030.080.130.160.350.260.29
Profit before tax3.401.36(0.89)(0.28)(0.67)(0.87)(1.50)(0.88)
Tax0.56(0.05)(0.18)(0.12)(0.04)(0.10)(0.04)(0.16)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue38.1036.8734.2630.4437.5641.0435.9848.07
Revenue growth (YoY)+1.4%-10.2%-4.8%-36.7%-15.1%---
Other income0.520.490.390.230.100.510.570.12
Total expenses33.5634.2633.6329.0736.5040.3736.0847.10
EBITDA4.542.610.631.371.060.67(0.10)0.97
EBITDA margin+11.9%+7.1%+1.8%+4.5%+2.8%+1.6%-0.3%+2.0%
Depreciation1.641.711.831.751.671.701.711.68
Interest0.020.030.080.130.160.350.260.29
Profit before tax3.401.36(0.89)(0.28)(0.67)(0.87)(1.50)(0.88)
Tax0.56(0.05)(0.18)(0.12)(0.04)(0.10)(0.04)(0.16)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue139169158159213139164
Revenue growth-17.8%+7.2%-0.7%-25.3%+53.2%-15.4%-
Other income1.211.540.901.320.680.250.39
Total expenses133167155161183119152
Employee cost15.0316.6315.4513.7219.6114.0416.07
EBITDA5.702.212.65(1.80)30.3320.1812.21
EBITDA margin+4.1%+1.3%+1.7%-1.1%+14.2%+14.5%+7.4%
Depreciation6.966.766.726.055.715.685.41
Interest0.411.240.760.950.792.545.68
Profit before tax(0.46)(4.25)(3.93)(7.48)24.5112.211.51
Tax(0.38)(0.44)(0.68)(0.31)6.853.660.37
Net profit(0.73)(4.00)(3.67)(7.72)17.668.551.14
Net profit margin-0.5%-2.4%-2.3%-4.9%+8.3%+6.2%+0.7%
EPS (₹)(0.10)(4.41)(3.76)(8.28)20.439.901.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital8.648.648.648.648.648.648.64
Reserves & surplus83.8583.7787.5491.2299.0882.0873.69
Shareholders' funds (net worth)92.4992.4196.1899.8610890.7282.33
Secured loans0.009.8910.300.007.103.7840.47
Unsecured loans0.000.000.000.000.830.050.00
Total debt0.009.8910.300.007.933.8340.47
Total liabilities92.9610310799.9011694.56123
Assets
Gross block10810810710297.3196.3996.22
Net block55.1560.1663.9865.2365.5970.3875.90
Capital work in progress0.090.140.062.700.000.000.00
Investments0.600.600.600.600.420.000.03
Inventories29.3525.7031.5915.6044.5626.9033.59
Sundry debtors12.2526.9219.9214.2215.2410.5926.50
Cash & bank balances5.040.390.6311.061.953.860.42
Loans & advances3.242.643.604.573.331.722.00
Total current assets49.8855.6555.7445.4565.0843.0762.51
Total current liabilities13.2814.2613.9713.2613.3416.5714.13
Net working capital36.6041.3941.7732.1951.7426.5048.38
Total assets92.9610310799.9011694.56123
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.390.6311.061.953.860.424.81
Net cash from operating activities16.244.05(17.31)27.38(3.10)42.5816.35
Net cash from investing activities(1.31)(2.65)(2.66)(8.35)(1.22)(0.11)(1.13)
Net cash from financing activities(10.28)(1.64)9.53(9.92)2.42(39.12)(19.70)
Net change in cash4.65(0.24)(10.43)9.12(1.91)3.35(4.48)
Closing cash5.040.390.6311.061.953.860.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-17.8%+7.2%-0.7%-25.3%+53.2%-15.4%-
EBITDA growth+157.9%-16.6%+247.2%-105.9%+50.3%+65.3%-
PBT growth+89.2%-8.1%+47.5%-+100.7%+708.6%-80.1%
Net income growth+81.8%-9.0%+52.5%-143.7%+106.6%+650.0%-
Revenue CAGR (3Y)-4.4%-7.4%+4.4%-1.1%+6.7%-6.4%-1.1%
EBITDA CAGR (3Y)--58.2%-49.2%-+15.6%+7.4%-17.1%
Profitability & leverage
Net income margin-0.1%-2.3%-2.1%-4.5%+8.3%+6.2%+0.7%
Return on capital employed-0.7%-2.9%-3.5%-6.1%+24.1%+13.6%+5.6%
Return on net worth-0.8%-4.0%-3.7%-6.9%+17.8%+9.9%+1.4%
Debt / equity0.050.110.050.040.060.260.57
Long-term debt / equity0.000.000.000.000.000.020.03
Interest cover-32.54-27.25-18.67-12.103.2117.5283.53
Efficiency & per share
Fixed asset turnover1.281.571.501.592.201.441.72
Inventory turnover5.065.916.695.295.964.594.53
Debtors turnover7.107.239.2510.8016.497.496.16
EPS (₹)(0.10)(4.41)(3.76)(8.28)20.439.901.32
Dividend per share (₹)0.000.000.000.001.201.000.00
Book value per share (₹)107.03106.93111.30115.55124.65104.9995.27

To see the full year-wise statements and ratios of Shiva Mills Limited, buy the company report.

Board of directors of Shiva Mills Limited

Shiva Mills has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chellamuthu SivasamyDirector31 Aug 20179 Years 1 MonthsCurrent
Sennimalai Gounder PalaniswamiDirector31 Aug 20179 Years 1 MonthsCurrent
Sangampalayam Vedanayagam AlagappanManaging Director24 Nov 201510 Years 11 MonthsCurrent
Sivakumar LalithaManaging Director25 Dec 20178 Years 10 MonthsCurrent
Sangampalayam Kandasami SundararamanDirector24 Nov 201510 Years 11 MonthsCurrent
Karuppusamy ManikandanDirector28 Jun 20242 Years 4 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Shiva Mills Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Birmi International Private Limited₹159.49 Cr (FY 2025)-4.0%New Delhi, Delhi, India
Paragon Apparel Private Limited₹159.41 Cr (FY 2025)15.0%New Delhi, Delhi, India
G. C. Threads Private Limited₹159.19 Cr (FY 2025)-11.0%Samana, Punjab, India
Kitex Limited₹158.64 Cr (FY 2025)-13.0%Aluva, Kerala, India
Shri Dhanalakshmi Spinntex Private Limited₹158.6 Cr (FY 2025)-3.0%Coimbatore, Tamil Nadu, India
Shekhada Cot-Gin Private Limited₹158.52 Cr (FY 2025)-21.0%Jamnagar, Gujarat, India
Shiva Mills Limitedthis company₹139.14 Cr (FY 2026)-₹73 Lakh-0.5%-17.8%731Coimbatore, Tamil Nadu, India

To see the full peer comparison of Shiva Mills Limited, buy the company report.

Auditor

Shiva Mills Limited is audited by VKS Aiyer & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VKS Aiyer & CoFY 2023000066S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.90%, foreign institutional investors hold 0.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 24.80%.

Promoters: 74.90%FII (Foreign Institutional): 0.30%Retail & Others: 24.80%
Sep 2026
QUARTER
74.90% Promoters
0.30% FII (Foreign Institutional)
24.80% Retail & Others
Promoter holding - history
Now 74.90% · Sep 2026High 74.90% · Dec 2025Low 74.90% · Dec 2025
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 74.90%Mar 2026: 74.90%Jun 2026: 74.90%Sep 2026: 74.90%74.90%74.90%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.90%74.90%74.90%74.90%
Public25.10%25.10%25.10%25.10%

Charges & borrowings

Open charges
₹40 Cr
Satisfied charges
₹35.45 Cr
Breakdown by lending institutions
Others₹30.00 Cr
Indian Overseas Bank₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Feb 2018100164187Indian Overseas Bank₹10 CrOpen
20 Feb 2018100165454Others₹30 CrOpen
07 Jan 2019100230237Others₹10 CrSatisfied
09 May 2018100179204Others₹10 CrSatisfied
12 Mar 2018100185148Canara Bank₹10.05 CrSatisfied

To see the full charge records of Shiva Mills Limited, buy the company report.

Total charge records: 6 View all charges

Credit ratings & regulatory alerts

Shiva Mills Limited was last rated by Care on 20 Jul 2026.

Rating agencyRated onRating
Care20 Jul 2026

To see the full credit ratings and regulatory alerts of Shiva Mills Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shiva Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Shiva Mills Limited has a workforce of 731 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
731
Active EPFO establishments
1
Employee growth
-7.23%

GST

Shiva Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAXCS5170R1ZCTamil NaduActive24 Oct 2017

To see the full GST registrations and return filing status of Shiva Mills Limited, buy the company report.

Recent activity

Shiva Mills Limited has 15 board changes on record since 2015: 11 appointments and 4 cessations. The latest: Sennimalaigounder Marusamy ceased to be Director on 14 Oct 2024.

Filing
Shiva Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Coimbatore.
AGM
Shiva Mills Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.
Charges
A charge with Indian Overseas Bank of Rs. 10.00 Cr registered on 23 Feb 2018 with Charge ID 100164187 was modified on 13 Mar 2025.
Charges
A charge with Others of Rs. 30.00 Cr registered on 20 Feb 2018 with Charge ID 100165454 was modified on 11 Mar 2025.
Ceased
Sennimalaigounder Marusamy ceased to be Director.
Appointed
Karuppusamy Manikandan was appointed as Director.
Ceased
Muthuswamy Shanmugam ceased to be CFO.
Appointed
Mylswamy Ganeshkumar was appointed as Director.
Ceased
Kodumudi Narayanaswami Venkata Ramani ceased to be Director.
Charges
A charge registered on 07 Jan 2019 via Charge ID 100230237 with Others was fully satisfied on 16 Mar 2023.
Charges
A charge registered on 20 Feb 2018 via Charge ID 100165448 with Others was fully satisfied on 14 Nov 2022.
Charges
A charge registered on 12 Mar 2018 via Charge ID 100185148 with Canara Bank was fully satisfied on 11 Nov 2022.

21 earlier events are in the company report.

Frequently asked questions

Shiva Mills is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in apparel, within the apparel and fashion industry. It was incorporated on 24 November 2015 (11+ years old) and is registered under CIN L17111TZ2015PLC022007. Listed on BSE: 540961 and NSE: SHIVAMILLS.

Shiva Mills reported revenue of ₹139.14 Cr for FY 2025-26 (down 17.8% YoY) based on standalone financials.

Shiva Mills has 7 current directors:

The latest financial statements of Shiva Mills on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 August 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Shiva Mills is 33AAXCS5170R1ZC, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Shiva Mills is L17111TZ2015PLC022007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Shiva Mills is a listed company as per MCA records. Its shares are listed on both BSE (code: 540961) and NSE (symbol: SHIVAMILLS).

Shiva Mills has 13 court cases on record: 13 filed by the company. Most are in the high courts.

Shiva Mills was incorporated on 24 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Shiva Mills by revenue are Birmi International Private Limited, Paragon Apparel Private Limited, G. C. Threads Private Limited, Kitex Limited, Shri Dhanalakshmi Spinntex Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Sennimalaigounder Marusamy ceased to be Director on 14 Oct 2024. Karuppusamy Manikandan was appointed as Director on 28 Jun 2024. Muthuswamy Shanmugam ceased to be CFO on 31 May 2024. Shiva Mills has 15 board changes on record in total.