MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0020464
Sky Cotex India Private Limited - manufacturing in Palladam, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹237.31 Cr
▲ 1% YoY
Net profit · FY 2025
₹8.41 Cr
Net margin 3.5%
EBITDA · FY 2025
₹25.89 Cr
EBITDA margin 10.9%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹143.89 Cr
Satisfied ₹50.98 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
957
Provident fund records
About Sky Cotex India Private Limited
Data last updated:
Sky Cotex India Private Limited is a private limited company based in Palladam, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2006PTC013138. Its GSTIN is 33AAKCS2656M1ZY (Tamil Nadu).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Sundararaj Karthikeyan (Managing Director) and Velusamygounder Sundararaj.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8/529 Arulpuram Karaipudur, Palladam, Tamil Nadu, India – 641605.
As per the financials filed for FY 2025, the company reported a revenue of ₹237.31 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹8.41 Cr (net margin 3.5%) and EBITDA of ₹25.89 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company has about 957 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹143.89 Cr and satisfied charges of ₹50.98 Cr on record. Court records list 32 cases involving the company, including 19 filed by the company and 13 filed against it; 4 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹14.99 Cr; the latest was in January 2014. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 2 smaller; the largest is Kumar Cotton Mills Ltd with revenue of ₹240.01 Cr.
Sky Cotex India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0020464). 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 skyexports.com.
Company details
CIN U17111TZ2006PTC013138
Registration Number 013138
Incorporation Date 11 October 2006
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-28-0020464
Key People
Sundararaj Karthikeyan Managing Director Velusamygounder Sundararaj Director Dharani Karthikeyan Director Recognitions & Rankings of Sky Cotex India
Contact details
Sky Cotex India Private Limited's registered office is in Palladam, Tamil Nadu. Its website is skyexports.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8/529 Arulpuram Karaipudur, Palladam, Tamil Nadu, India – 641605
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sky Cotex India Private Limited, buy the company report.
Comprehensive company report
Sky Cotex India Private 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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Business activity
The main business activity of Sky Cotex India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sky Cotex India Private Limited, buy the company report.
Financials of Sky Cotex India Private Limited
FY 2025 filings availableSky Cotex India Private Limited reported revenue of ₹237.31 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹237.31 Cr ▲ 1%
Net profit · FY 2025
₹8.41 Cr margin 3.5%
EBITDA · FY 2025
₹25.89 Cr margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 1%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA rose 22% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹25.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.41 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Sky Cotex India Private Limited, buy the company report.
Board of directors of Sky Cotex India Private Limited
Sky Cotex India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Velusamygounder Sundararaj | Director | 11 Oct 2006 | 20 Years 0 Months | Current |
| Sundararaj Karthikeyan | Managing Director | 01 Nov 2010 | 15 Years 11 Months | Current |
| Dharani Karthikeyan Also directs: Sky Knitwears India Private Limited, Shiny Knitwear Private Limited, Shiny Apparels Private Limited and 1 more | Director | 15 Jul 2011 | 15 Years 3 Months | Current |
| Sundarrajan Saroja Also directs: Global Coconut Farmers Producer Company Limited | Director | 11 Oct 2006 | 20 Years 0 Months | Current |
Peer comparison
Sky Cotex India Private Limited is compared with the 7 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kumar Cotton Mills Ltd | ₹240.01 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Sumicot Limited | ₹238.83 Cr (FY 2024) | -2.0% | Surat, Gujarat, India | |||
| Shree Sakthi Vinayagar Weaves Private Limited | ₹237.96 Cr (FY 2025) | 33.0% | Pallipalayam, Tamil Nadu, India | |||
| Texventures Private Limited | ₹237.95 Cr (FY 2025) | 640.0% | Mumbai, Maharashtra, India | |||
| Kanodia Global Private Limited | ₹237.66 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Sky Cotex India Private Limitedthis company | ₹237.31 Cr (FY 2025) | ₹8.41 Cr | 3.5% | 1.0% | 957 | Palladam, Tamil Nadu, India |
| India Dyeing Mills Private Limited | ₹235.21 Cr (FY 2022) | 75.0% | Tirupur, Tamil Nadu, India | |||
| Lambodhara Textiles Limited | ₹235.04 Cr (FY 2025) | 18.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Sky Cotex India Private Limited, buy the company report.
Auditor
Sky Cotex India Private Limited is audited by P.S.KRISHNAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.S.KRISHNAN & CO | FY 2023 | 001532S |
Shareholding
The shareholding of Sky Cotex India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sky Cotex India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹143.89 Cr
Satisfied charges
₹50.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2025 | 101055301 | Indian Bank | ₹14 Cr | Open | |
| 10 May 2024 | 100927063 | Indian Overseas Bank | ₹19 Cr | Open | |
| 17 Nov 2021 | 100509701 | Indian Bank | ₹22.85 Cr | Open | |
| 09 Mar 2016 | 100021355 | Indian Bank | ₹66 Lakh | Open | |
| 25 Jun 2014 | 10518354 | Indian Bank | ₹1.6 Cr | Open |
To see the full charge records of Sky Cotex India Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Sky Cotex India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹14.99 Cr; the latest was in January 2014.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹14.99 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Funding round | ₹5 Cr | Investors: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Feb 2012 | Funding round | ₹9.8 Cr | Investors: 4 individuals |
| Feb 2007 | Funding round | ₹19 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sky Cotex India Private Limited has 32 court cases on record: 19 filed by Sky Cotex India, 13 filed against it. 4 cases are pending and 28 are disposed.
Total cases
32
Filed by the company
19
Filed against the company
13
Pending
4
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 11 | 3 |
| High courts | 9 | 2 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Court case (COS) | Filed by the company against Salient Tex Mill Pvt Ltd Represented by Its Managing Director Sivakumar | Pending |
| District court, Tiruppur, Tamil Nadu | Court case (COS) | Filed by the company against The Web Knit Fashion Rep by Its Partners Yokesh and Uma Maheswari | Pending |
| District court, Tiruppur, Tamil Nadu | Court case (COS) | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed by the company against The Registrar of Companies, | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Sky Cotex India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sky Cotex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sky Cotex India Private Limited has a workforce of 957 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
957
Active EPFO establishments
1
Employee growth
45.44%
GST
Sky Cotex India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCS2656M1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sky Cotex India Private Limited, buy the company report.
Recent activity
Sky Cotex India Private Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Dharani Karthikeyan ceased to be Additional Director on 11 Sep 2013.
AGM
Sky Cotex India Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Sky Cotex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Indian Bank amounted to Rs. 14.00 Cr with Charge ID 101055301 was registered on 12 Feb 2025.
Charges
A charge with Indian Bank of Rs. 84.78 Cr registered on 30 Mar 2012 with Charge ID 10353667 was modified on 31 Dec 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 19.00 Cr with Charge ID 100927063 was registered on 10 May 2024.
Charges
A charge registered on 05 Mar 2020 via Charge ID 100342578 with Others was fully satisfied on 11 Mar 2024.
Charges
A charge registered on 30 Mar 2012 via Charge ID 10354201 with Indian Overseas Bank was fully satisfied on 11 Mar 2024.
Charges
A charge with Indian Bank of Rs. 22.85 Cr registered on 17 Nov 2021 with Charge ID 100509701 was modified on 27 Feb 2023.
Charges
A charge with Indian Bank amounted to Rs. 22.85 Cr with Charge ID 100509701 was registered on 17 Nov 2021.
Charges
A charge registered on 07 Jun 2018 via Charge ID 100194072 with Hdfc Bank Limited was fully satisfied on 08 Jun 2020.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100342578 was registered on 05 Mar 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.20 Cr with Charge ID 100194072 was registered on 07 Jun 2018.
15 earlier events are in the company report.
Frequently asked questions
Sky Cotex India is an active private limited company based in Palladam, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 October 2006 (20+ years old) and is registered under CIN U17111TZ2006PTC013138.
Sky Cotex India has 4 current directors:
- Sundararaj Karthikeyan - Managing Director
- Velusamygounder Sundararaj - Director
- Dharani Karthikeyan - Director
- Sundarrajan Saroja - Director
The latest financial statements of Sky Cotex India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sky Cotex India is 33AAKCS2656M1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sky Cotex India is U17111TZ2006PTC013138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sky Cotex India has 32 court cases on record: 19 filed by the company and 13 filed against it. 4 are pending. Most are in the district courts.
Sky Cotex India was incorporated on 11 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
Sky Cotex India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹14.99 Cr; the latest was in January 2014.
The peers of Sky Cotex India by revenue are Kumar Cotton Mills Ltd, Sumicot Limited, Shree Sakthi Vinayagar Weaves Private Limited, Texventures Private Limited, Kanodia Global Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dharani Karthikeyan ceased to be Additional Director on 11 Sep 2013. Dharani Karthikeyan was appointed as Director on 15 Jul 2011. Sundararaj Karthikeyan was appointed as Managing Director on 01 Nov 2010. Sky Cotex India has 7 board changes on record in total.
Yes, Sky Cotex India is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0020464).