About Sholingur Textiles Limited
Data last updated:
Sholingur Textiles Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 29 June 1964 and has been in existence for over 62 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U68100TZ1964PTC030702. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹80 Lakh. It is led by directors including Muthuswamy Poobalan and Poongodi Poobalan.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Coimbatore, Tamil Nadu.
As per the financials filed for FY 2017, the company reported a revenue of ₹18.4 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹2.65 Cr (net margin -14.4%) and EBITDA of -₹3.22 Cr (EBITDA margin -17.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 8% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹145.22 Cr on record. Court records list 39 cases involving the company, including 24 filed by the company and 15 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sholingur.com.
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- Registered AddressNo. 182 Sripathy Nagar 1st Street Nanjundapuram Road, India, Coimbatore, Tamil Nadu, India – 641036
- IndustryAppreal & Fashion, Leather, Apparel, Textile
- 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
- One PDF report, delivered after checkout
Financials of Sholingur Textiles Limited FY 2017 filings available
Sholingur Textiles Limited reported revenue of ₹18.4 Cr (down 37% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Sholingur Textiles Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 37% fall 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 of Sholingur Textiles Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹18.4 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹3.22 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.65 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 of Sholingur Textiles Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -17.5% | •••• | •••• |
| Net Profit Margin | -14.4% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sholingur Textiles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Sholingur Textiles Limited
Sholingur Textiles 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 |
|---|---|---|---|---|
| Muthuswamy Poobalan | Director | 13 Jun 2023 | 3 Years 3 Months | Current |
| Poongodi Poobalan | Director | 16 Apr 2024 | 2 Years 5 Months | Current |
| Dineshkumar Muthuswamy Poobalan Also directs: Shapell Investments Private Limited, Sholingur Textiles Private Limited, Alpabeez LLP and 5 more | Additional Director | 18 Apr 2024 | 2 Years 5 Months | Current |
Charges & Borrowings of Sholingur Textiles Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2008 | Uco Bank | ₹3 Cr | Satisfied |
| 10 Nov 2007 | Edelweiss Asset Reconstruction Company Limited | ₹24.44 Cr | Satisfied |
| 10 Oct 2006 | Uco Bank | ₹75 Lakh | Satisfied |
| 05 May 2006 | Edelweiss Asset Reconstruction Company Limited | ₹5.6 Cr | Satisfied |
| 12 Nov 2005 | Idbi Bank Limited | ₹4.33 Cr | Satisfied |
Total charge records: 26 View all charges
Legal Cases of Sholingur Textiles Limited
Sholingur Textiles Limited has 39 court cases on record: 24 filed by Sholingur Textiles, 15 filed against it. 7 cases are pending and 32 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 3 | 0 |
| NCLAT | 9 | 9 | 7 |
| District courts | 6 | 3 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chennai | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, Chennai | Interim or miscellaneous application | Filed against the company by Kushal Traders | Pending |
| District court, Vellore, Tamil Nadu | Petition | Filed against the company by an individual | Disposed |
| NCLAT, Chennai | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, Chennai | Insolvency matter | Filed against the company by Kushal Traders | Disposed |
Full case history
All 39 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sholingur Textiles Limited
Employment history and EPFO contributions of people linked to Sholingur Textiles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Sholingur Textiles Limited
Sholingur Textiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68100TZ1964PTC030702, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100TZ1964PTC030702 | Current |
| U17111TZ1964PLC030702 | Previous |
| U17111TN1964PLC005215 | Previous |
Recent Activity on Sholingur Textiles Limited
Sholingur Textiles Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Dineshkumar Muthuswamy Poobalan was appointed as Additional Director on 18 Apr 2024.
59 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sholingur Textiles Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sholingur Textiles Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sholingur Textiles Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sholingur Textiles Limited
Sholingur Textiles has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sholingur Textiles Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sholingur Textiles Limited
Sholingur Textiles is an active company based in Coimbatore, Tamil Nadu, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 29 June 1964 (62+ years old) and is registered under CIN U68100TZ1964PTC030702.
Sholingur Textiles reported revenue of ₹18.4 Cr for FY 2017 (down 37% YoY).
Sholingur Textiles has 3 current directors:
- Muthuswamy Poobalan - Director
- Poongodi Poobalan - Director
- Dineshkumar Muthuswamy Poobalan - Additional Director
Sholingur Textiles reported a net loss of ₹2.65 Cr (net margin -14.4%) and EBITDA of -₹3.22 Cr (EBITDA margin -17.5%) for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sholingur Textiles is -1% over three years and -8% over five years. In the latest year (FY 2017) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
No. Sholingur Textiles has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sholingur Textiles is U68100TZ1964PTC030702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sholingur Textiles has 39 court cases on record: 24 filed by the company and 15 filed against it. 7 are pending. Most are in the high courts.
Sholingur Textiles was incorporated on 29 June 1964, making it 62+ years old. It is registered with the Registrar of Companies, Coimbatore.
Dineshkumar Muthuswamy Poobalan was appointed as Additional Director on 18 Apr 2024. Poongodi Poobalan was appointed as Director on 16 Apr 2024. Muthuswamy Poobalan was appointed as Director on 13 Jun 2023. Sholingur Textiles has 6 board changes on record in total.