Siivaganapathi Spinners Private Limited

Siivaganapathi Spinners Private Limited - manufacturing in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ2004PTC010932 Incorporated 19 January 2004 ROC Coimbatore HQ Erode, Tamil Nadu, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2022
₹34.14 Cr
▲ 86% YoY
Net profit · FY 2022
₹18.75 Lakh
Net margin 0.5%
EBITDA · FY 2022
₹2.31 Cr
EBITDA margin 6.8%
Authorised capital
₹2.75 Cr
Registered with MCA
Paid-up capital
₹2.75 Cr
Issued & subscribed
Open charges
₹22.16 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings

About Siivaganapathi Spinners Private Limited

Data last updated:

Siivaganapathi Spinners Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 January 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2004PTC010932. Its GSTIN is 33AAHCS9316F1ZD (Tamil Nadu).

The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors including Saminathan Nalini and Sampoornam.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Rsf No 465 Annumanthapuram Road Vellamadai (N H 67 Olappalayam Post Kangayam Via, Erode, Tamil Nadu, India – 638701.

As per the financials filed for FY 2022, the company reported a revenue of ₹34.14 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹18.75 Lakh (net margin 0.5%) and EBITDA of ₹2.31 Cr (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.

As per MCA filings, the company has open charges of ₹22.16 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Siivaganapathi Spinners Private Limited
CIN U17111TZ2004PTC010932
Registration Number 010932
Incorporation Date 19 January 2004
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Rsf No 465 Annumanthapuram Road Vellamadai (N H 67 Olappalayam Post Kangayam Via, Erode, Tamil Nadu, India – 638701
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Siivaganapathi Spinners Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Siivaganapathi Spinners Private Limited

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

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Siivaganapathi Spinners Private Limited FY 2022 filings available

Siivaganapathi Spinners Private Limited reported revenue of ₹34.14 Cr (up 86% YoY) for FY 2022.

Revenue · FY 2022
₹34.14 Cr ▲ 86%
Net profit · FY 2022
₹18.75 Lakh margin 0.5%
EBITDA · FY 2022
₹2.31 Cr margin 6.8%

Compounded Annual Growth Rate (CAGR) of Siivaganapathi Spinners Private Limited

Revenue CAGR growth
1 year
▲ 86%
3 years · compounded
▼ 11%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▼ 2%
5 years · compounded
▼ 7%

Revenue rose 86% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 17% 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 Siivaganapathi Spinners Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹2.31 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹18.75 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 Siivaganapathi Spinners Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin6.8%••••••••••••••••
Net Profit Margin0.5%••••••••••••••••
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 Siivaganapathi Spinners are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Siivaganapathi Spinners Private Limited

Siivaganapathi Spinners has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Saminathan NaliniDirector19 Jan 200422 Years 9 MonthsCurrent
SampoornamDirector19 Jan 200422 Years 9 MonthsCurrent
Thangavel SivakamiDirector19 Jan 200422 Years 9 MonthsCurrent
Samiappangounder PalanisamyDirector19 Jan 200422 Years 9 MonthsCurrent

Peer Comparison of Siivaganapathi Spinners Private Limited

Siivaganapathi Spinners Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Chintpurni Textiles Private Limited₹34.18 Cr (FY 2016)••••••••8.0%••••New Delhi, Delhi, India
SBT Spintex Private Limited₹34.17 Cr (FY 2025)••••••••21.0%••••Raipur, Chhattisgarh, India
Arora Fibres Limited₹34.16 Cr (FY 2025)••••••••29.0%••••Nagar Haveli, Dadra and Nagar Haveli, India
Prime Overseas Garments Private Limited₹34.16 Cr (FY 2024)••••••••29.0%••••Mumbai, Maharashtra, India
S R Ramsons Private Limited₹34.15 Cr (FY 2025)••••••••5.0%••••Surat, Gujarat, India
Siivaganapathi Spinners Private Limited this company₹34.14 Cr (FY 2022)••••••••86.0%••••Erode, Tamil Nadu, India
Shree Fab Filament Private Limited₹34.13 Cr (FY 2024)••••••••31.0%••••Rajasthan, India
Anabir Designs Private Limited₹34.12 Cr (FY 2024)••••••••-5.0%••••Mumbai, Maharashtra, India
Amar Jyoti Fashions Private Limited₹34.12 Cr (FY 2024)••••••••17.0%••••Surat, Gujarat, India
Shree Mahadeo Cotton Mills Ltd₹34.11 Cr (FY 2025)••••••••-14.0%••••Pusa Niwas, Bhilwara, Rajasthan, India
Opel Sulz Private Limited₹34.1 Cr (FY 2025)••••••••-7.0%••••Bhilwara, Rajasthan, India

Peers are the five companies nearest above and the five nearest below Siivaganapathi Spinners by revenue in the Manufacturing industry (Textiles), 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 Siivaganapathi Spinners Private Limited

Auditor information for Siivaganapathi Spinners Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.

Ownership and Shareholding of Siivaganapathi Spinners Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Siivaganapathi Spinners Private Limited

Open charges
₹22.16 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Overseas Bank₹22.16 Cr
Latest charge details
DateLenderAmountStatus
02 Jul 2004Indian Overseas Bank₹22.16 CrOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Siivaganapathi Spinners Private Limited

Employment history and EPFO contributions of people linked to Siivaganapathi Spinners.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Siivaganapathi Spinners Private Limited

Siivaganapathi Spinners Private Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Ramasamy Gounder Palanisamy ceased to be Director on 31 Mar 2008.

Charges
A charge with Indian Overseas Bank of Rs. 22.16 Cr registered on 02 Jul 2004 with Charge ID 90004380 was modified on 13 Sep 2023.
AGM
Siivaganapathi Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Siivaganapathi Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.
Ceased
Ramasamy Gounder Palanisamy ceased to be Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 22.16 Cr with Charge ID 90004380 was registered on 02 Jul 2004.
Appointed
Samiappangounder Palanisamy was appointed as Director.
Appointed
Saminathan Nalini was appointed as Director.
Appointed
Sampoornam was appointed as Director.
Appointed
Thangavel Sivakami was appointed as Director.
Incorporation
19 Jan 2004
Siivaganapathi Spinners Private Limited was registered on 19 Jan 2004 with Roc Coimbatore & aged 22 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Siivaganapathi Spinners Private Limited

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MSME Payment Delays by Siivaganapathi Spinners Private Limited

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Subsidiaries & Group Companies of Siivaganapathi Spinners Private Limited

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GST Compliance of Siivaganapathi Spinners Private Limited

Siivaganapathi Spinners has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAHCS9316F1ZDTamil NaduActive01 Jul 2017
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MCA Filings & Documents of Siivaganapathi Spinners Private Limited

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Frequently Asked Questions about Siivaganapathi Spinners Private Limited

Siivaganapathi Spinners is an active private limited company based in Erode, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 January 2004 (22+ years old) and is registered under CIN U17111TZ2004PTC010932.

Siivaganapathi Spinners reported revenue of ₹34.14 Cr for FY 2022 (up 86% YoY).

Siivaganapathi Spinners has 4 current directors:

Siivaganapathi Spinners reported a net profit of ₹18.75 Lakh (net margin 0.5%) and EBITDA of ₹2.31 Cr (EBITDA margin 6.8%) for FY 2022, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Siivaganapathi Spinners is -11% over three years and -1% over five years. In the latest year (FY 2022) revenue rose 86%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Siivaganapathi Spinners is 33AAHCS9316F1ZD, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Siivaganapathi Spinners is U17111TZ2004PTC010932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Siivaganapathi Spinners has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.

Siivaganapathi Spinners was incorporated on 19 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Siivaganapathi Spinners by revenue are Chintpurni Textiles Private Limited, SBT Spintex Private Limited, Arora Fibres Limited, Prime Overseas Garments Private Limited, S R Ramsons Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Ramasamy Gounder Palanisamy ceased to be Director on 31 Mar 2008. Samiappangounder Palanisamy was appointed as Director on 19 Jan 2004. Saminathan Nalini was appointed as Director on 19 Jan 2004. Siivaganapathi Spinners has 5 board changes on record in total.

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