About Shuttles & Needles Private Limited
Data last updated:
Shuttles & Needles Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 15 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17290TN2016PTC111473. Its GSTIN is 33AAXCS3592F1ZV (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Ramasubramaniam Naresh (Managing Director) and Kalyani Pramod.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 10/16 Fourth Avenue Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.43 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 0.4%) and EBITDA of ₹9.72 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 19% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shuttlesandneedles.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address10/16 Fourth Avenue Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryEducation & Learing, Educational Support Services
- 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
Business Activity of Shuttles & Needles Private Limited
The main business activity of Shuttles & Needles is trade. In detail, this covers retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shuttles & Needles Private Limited FY 2024 filings available
Shuttles & Needles Private Limited reported revenue of ₹2.43 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shuttles & Needles Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 19% growth in the latest year. EBITDA rose 35% 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 Shuttles & Needles Private Limited
| 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 | ₹9.72 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.06 Lakh | •••• | •••• | •••• | •••• |
| 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 Shuttles & Needles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Shuttles & Needles are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Shuttles & Needles Private Limited
Shuttles & Needles Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Vocational Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radius Equipment Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Toetech Footwear Machines Private Limited | ₹2.44 Cr (FY 2017) | •••• | •••• | -41.0% | •••• | New Delhi, Delhi, India |
| Kirti Barter Private Limited. | ₹2.43 Cr (FY 2016) | •••• | •••• | -38.0% | •••• | Howrah, West Bengal, India |
| Studyask Education Private Limited | ₹2.43 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bengaluru, Karnataka, India |
| Starnine Elevators Private Limited | ₹2.43 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Thane, Maharashtra, India |
| Shuttles & Needles Private Limited this company | ₹2.43 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Badrivishal Trading Company Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Omega Engineering India Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Italica Furniture Private Limited | ₹2.42 Cr (FY 2022) | •••• | •••• | 156.0% | •••• | Mumbai, Maharashtra, India |
| Macstat International Private Limited | ₹2.42 Cr (FY 2015) | •••• | •••• | -68.0% | •••• | Gurgaon, Haryana, India |
| Bevigour Enterprises Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | 318.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Shuttles & Needles by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Vocational Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shuttles & Needles Private Limited
Shuttles & Needles Private Limited is audited by Prasad & Srinath for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Prasad & Srinath | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shuttles & Needles Private Limited
Shuttles & Needles has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramasubramaniam Naresh | Managing Director | 15 Jul 2016 | 10 Years 2 Months | Current |
| Kalyani Pramod | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
| Narasimhan Gomathy Also directs: Ergo G2 Engineers Private Limited | Director | 15 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Shuttles & Needles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shuttles & Needles Private Limited
Shuttles & Needles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Shuttles & Needles Private Limited
Shuttles & Needles Private Limited has 3 court cases on record: 3 filed by Shuttles & Needles. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Deputy State Tax Officer II | Disposed |
| Madras High Court | Writ petition | Filed by the company against Deputy State Tax Officer II | Disposed |
Full case history
All 3 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 Shuttles & Needles Private Limited
Employment history and EPFO contributions of people linked to Shuttles & Needles.
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.
Group Structure of Shuttles & Needles Private Limited
Shuttles & Needles has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Shuttles & Needles Private Limited
Shuttles & Needles Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Kalyani Pramod was appointed as Director on 01 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Shuttles & Needles Private 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 Shuttles & Needles Private 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 Shuttles & Needles Private 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 Shuttles & Needles Private Limited
Shuttles & Needles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAXCS3592F1ZV | Tamil Nadu | Active | 01 Jul 2017 |
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 Shuttles & Needles Private 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 Shuttles & Needles Private Limited
Shuttles & Needles is an active private limited company based in Chennai, Tamil Nadu, India. The company works in educational support services, within the education and learning industry. It was incorporated on 15 July 2016 (10+ years old) and is registered under CIN U17290TN2016PTC111473.
Shuttles & Needles reported revenue of ₹2.43 Cr for FY 2025 (up 19% YoY).
Shuttles & Needles has 3 current directors:
- Ramasubramaniam Naresh - Managing Director
- Kalyani Pramod - Director
- Narasimhan Gomathy - Director
Shuttles & Needles reported a net profit of ₹1.06 Lakh (net margin 0.4%) and EBITDA of ₹9.72 Lakh (EBITDA margin 4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shuttles & Needles is 18% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shuttles & Needles is 33AAXCS3592F1ZV, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shuttles & Needles is U17290TN2016PTC111473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shuttles & Needles has 3 court cases on record: 3 filed by the company.
Shuttles & Needles was incorporated on 15 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Shuttles & Needles by revenue are Radius Equipment Private Limited, Toetech Footwear Machines Private Limited, Kirti Barter Private Limited, Studyask Education Private Limited, Starnine Elevators Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Vocational Training).
Kalyani Pramod was appointed as Director on 01 Aug 2017. Ramasubramaniam Naresh ceased to be Director on 25 Nov 2016. Narasimhan Gomathy was appointed as Director on 15 Jul 2016. Shuttles & Needles has 4 board changes on record in total.