SMP Textiles Mills Private Limited

SMP Textiles Mills Private Limited - manufacturing in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ1994PTC005188 Incorporated 05 July 1994 ROC Coimbatore HQ Erode, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2024
₹85.35 Cr
▼ 29% YoY
Net profit · FY 2024
₹12.91 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹8.38 Cr
EBITDA margin 9.8%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.43 Cr
Issued & subscribed
Open charges
₹98.62 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
350
Provident fund records

About SMP Textiles Mills Private Limited

Data last updated:

SMP Textiles Mills 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 05 July 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1994PTC005188. Its GSTIN is 33AACCS9447A1ZK (Tamil Nadu).

The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.43 Cr. It is led by directors including Lakkapuram Palaniappagounder Ganapathy (Managing Director) and Thangamuthu Dakshinamoorthy.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 36A Andavar Street Near Anna Theatre, Erode, Tamil Nadu, India – 638011.

As per the financials filed for FY 2024, the company reported a revenue of ₹85.35 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹12.91 Lakh (net margin 0.2%) and EBITDA of ₹8.38 Cr (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.

The company has about 350 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹98.62 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2023. Its 10 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 5 smaller; the largest is Fractal Industries Limited with revenue of ₹85.51 Cr.

SMP Textiles Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0007381). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ1994PTC005188
Registration Number 005188
Incorporation Date 05 July 1994
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-07-0007381

Recognitions & Rankings of SMP Textiles Mills

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-07-0007381

Contact details

SMP Textiles Mills Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    36A Andavar Street Near Anna Theatre, Erode, Tamil Nadu, India – 638011
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of SMP Textiles Mills Private Limited, buy the company report.

Comprehensive company report
SMP Textiles Mills 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 SMP Textiles 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 SMP Textiles Mills Private Limited, buy the company report.

Financials of SMP Textiles Mills Private Limited

FY 2024 filings available

SMP Textiles Mills Private Limited reported revenue of ₹85.35 Cr (down 29% YoY) for FY 2024.

Revenue · FY 2024
₹85.35 Cr ▼ 29%
Net profit · FY 2024
₹12.91 Lakh margin 0.2%
EBITDA · FY 2024
₹8.38 Cr margin 9.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 2%
5 years · compounded
▼ 6%
EBITDA CAGR growth
3 years · compounded
▼ 3%
5 years · compounded
▼ 1%

Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 29% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹8.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.91 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.8%
Net Profit Margin0.2%
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

To see the full financial statements and ratios of SMP Textiles Mills Private Limited, buy the company report.

Board of directors of SMP Textiles Mills Private Limited

SMP Textiles Mills has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Thangamuthu DakshinamoorthyDirector05 Jul 199432 Years 3 MonthsCurrent
Ramasamy KuppusamyDirector30 Sep 199531 Years 1 MonthsCurrent
Kandasamy RaveendranDirector30 Sep 199531 Years 1 MonthsCurrent
Lakkapuram Palaniappagounder GanapathyManaging Director05 Jul 200422 Years 3 MonthsCurrent

Peer comparison

SMP Textiles Mills Private Limited is compared with the 10 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
Fractal Industries Limited₹85.51 Cr (FY 2025)35.0%Mumbai, Maharashtra, India
Kumaran Gin and Pressing Private Limited₹85.49 Cr (FY 2025)-9.0%Erode, Tamil Nadu, India
Shri T.P.Textiles Private Limited₹85.42 Cr (FY 2025)8.0%Rajapalayam, Tamil Nadu, India
Imperial Dyeing Limited₹85.4 Cr (FY 2025)-1.0%Mumbai, Maharashtra, India
RG Textile Industries Private Limited₹85.37 Cr (FY 2025)9.0%Panipat, Haryana, India
SMP Textiles Mills Private Limitedthis company₹85.35 Cr (FY 2024)₹12.91 Lakh0.2%-29.0%350Erode, Tamil Nadu, India
Devicot Agro Industries Private Limited₹85.3 Cr (FY 2025)10.0%Rawatsar, Rajasthan, India
Norquest Brands Pvt Ltd₹85.22 Cr (FY 2025)42.0%Ahmedabad, Gujarat, India
Dattatreya Textiles Private Limited₹85.19 Cr (FY 2024)-13.0%Madurai, Tamil Nadu, India
Airspun Fabrics Private Limited₹84.9 Cr (FY 2025)17.0%Bhilwara, Rajasthan, India
Texas Woollen Mills Pvt Ltd₹84.83 Cr (FY 2025)8.0%Ludhiana, Punjab, India

To see the full peer comparison of SMP Textiles Mills Private Limited, buy the company report.

Auditor

SMP Textiles Mills Private Limited is audited by T.N.RAMADOSS & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
T.N.RAMADOSS & COFY 2021007080S

Shareholding

The shareholding of SMP Textiles Mills 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of SMP Textiles Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹98.62 Cr
Satisfied charges
None
Breakdown by lending institutions
Dhanlaxmi Bank Limited₹67.35 Cr
The Dhanalakshmi Bank Ltd₹23.39 Cr
Others₹4.50 Cr
The Dhanalakshmi Bank Limited₹3.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Oct 2024101007113Dhanlaxmi Bank Limited₹25 LakhOpen
09 May 2024100915806Others₹4.5 CrOpen
04 Feb 2020100336010Dhanlaxmi Bank Limited₹10.75 CrOpen
28 Sep 201010250842The Dhanalakshmi Bank Ltd₹2.6 CrOpen
27 Aug 200810125437The Dhanalakshmi Bank Ltd₹9.9 CrOpen

To see the full charge records of SMP Textiles Mills Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

SMP Textiles Mills Private Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2023.

Total deals
6
Secondary share transfers
6

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 3 individuals
Mar 2023Secondary share transferUndisclosedSeller: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
Sep 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 3 individuals
Oct 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of SMP Textiles Mills Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

SMP Textiles Mills Private Limited has a workforce of 350 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
350
Active EPFO establishments
1
Employee growth
-3.31%

GST

SMP Textiles Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AACCS9447A1ZKTamil NaduActive01 Jul 2017

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

Recent activity

SMP Textiles Mills Private Limited has 9 board changes on record since 1994: 4 appointments and 5 cessations. The latest: Narayanagounder Shanmugasundaram ceased to be Director on 15 Sep 2022.

Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101007113 was registered on 14 Oct 2024.
AGM
Smp Textiles Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Dhanlaxmi Bank Limited of Rs. 56.35 Cr registered on 13 Dec 1996 with Charge ID 90000677 was modified on 29 Jul 2024.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100915806 was registered on 09 May 2024.
Filing
Smp Textiles Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Narayanagounder Shanmugasundaram ceased to be Director.
Ceased
Lakkapuram Palaniappagounder Ganapathy ceased to be Managing Director.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 10.75 Cr with Charge ID 100336010 was registered on 04 Feb 2020.
Ceased
Veerappa Mudaliar Vaiyapuri ceased to be Director.
Ceased
Nachimuthu Gounder Poosappan ceased to be Director.
Ceased
Natesamudaliar Rajasekaran ceased to be Director.
Charges
A charge with The Dhanalakshmi Bank Ltd of Rs. 2.60 Cr registered on 28 Sep 2010 with Charge ID 10250842 was modified on 21 Mar 2012.

20 earlier events are in the company report.

Frequently asked questions

SMP Textiles Mills 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 05 July 1994 (32+ years old) and is registered under CIN U17111TZ1994PTC005188.

SMP Textiles Mills has 4 current directors:

The latest financial statements of SMP Textiles Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of SMP Textiles Mills is 33AACCS9447A1ZK, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of SMP Textiles Mills is U17111TZ1994PTC005188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

SMP Textiles Mills has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.

SMP Textiles Mills was incorporated on 05 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.

SMP Textiles Mills has 6 deals on record (6 secondary share transfers); the latest was in March 2023.

The peers of SMP Textiles Mills by revenue are Fractal Industries Limited, Kumaran Gin and Pressing Private Limited, Shri T.P.Textiles Private Limited, Imperial Dyeing Limited, RG Textile Industries Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Narayanagounder Shanmugasundaram ceased to be Director on 15 Sep 2022. Lakkapuram Palaniappagounder Ganapathy ceased to be Managing Director on 14 Feb 2020. Veerappa Mudaliar Vaiyapuri ceased to be Director on 15 Feb 2019. SMP Textiles Mills has 9 board changes on record in total.

Yes, SMP Textiles Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-07-0007381).