MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-07-0015448
Solai Cotton Mills Private Limited
Solai Cotton Mills Private Limited - manufacturing in Kangayam, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.85 Cr
▼ 2% YoY
Net profit · FY 2025
₹9.74 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.36 Cr
EBITDA margin 6%
Authorised capital
₹3.75 Cr
Registered with MCA
Paid-up capital
₹2.95 Cr
Issued & subscribed
Open charges
₹9.18 Cr
Satisfied ₹30.54 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
11
Provident fund records
About Solai Cotton Mills Private Limited
Data last updated:
Solai Cotton Mills Private Limited is a private limited company based in Kangayam, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2003PTC010515. Its GSTIN is 33AADCP0897N1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹2.95 Cr. It was formerly known as P P S Spinning Mill Private Limited. It is led by directors Gandhi Rajamani and Anbarasan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S.F.No.48/2 & 49/4 Sammanthampalayam Trichy Main Road, Kangayam, Tamil Nadu, India – 638701.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.85 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹9.74 Lakh (net margin 0.4%) and EBITDA of ₹1.36 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.18 Cr and satisfied charges of ₹30.54 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Solai Cotton Mills Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-07-0015448). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TZ2003PTC010515
Registration Number 010515
Incorporation Date 17 March 2003
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-07-0015448
Key People
Gandhi Rajamani Director Anbarasan Director Recognitions & Rankings of Solai Cotton Mills
Contact details
Solai Cotton Mills Private Limited's registered office is in Kangayam, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.F.No.48/2 & 49/4 Sammanthampalayam Trichy Main Road, Kangayam, Tamil Nadu, India – 638701
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Solai Cotton Mills Private Limited, buy the company report.
Comprehensive company report
Solai Cotton 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 Solai Cotton Mills 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 Solai Cotton Mills Private Limited, buy the company report.
Financials of Solai Cotton Mills Private Limited
FY 2025 filings availableSolai Cotton Mills Private Limited reported revenue of ₹22.85 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹22.85 Cr ▼ 2%
Net profit · FY 2025
₹9.74 Lakh margin 0.4%
EBITDA · FY 2025
₹1.36 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 3%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 7%
5 years · compounded
▼ 11%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 14% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.74 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Solai Cotton Mills Private Limited, buy the company report.
Board of directors of Solai Cotton Mills Private Limited
Solai Cotton Mills has 2 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 |
|---|---|---|---|---|
| Gandhi Rajamani | Director | 18 Jan 2018 | 8 Years 9 Months | Current |
| Anbarasan | Director | 09 Aug 2017 | 9 Years 3 Months | Current |
Peer comparison
Solai Cotton Mills Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cotton, 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 |
|---|---|---|---|---|---|---|
| Sivaparamesh Spinning Mill Private Limited | ₹22.89 Cr (FY 2025) | 17.0% | Coimbatore, Tamil Nadu, India | |||
| Solai Cotton Mills Private Limitedthis company | ₹22.85 Cr (FY 2025) | ₹9.74 Lakh | 0.4% | -2.0% | 11 | Kangayam, Tamil Nadu, India |
| Crav Apparels Private Limited | ₹22.83 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Pushkar Ganesh Cotton Club Export Private Limited | ₹22.83 Cr (FY 2025) | 13.0% | Pushkar, Rajasthan, India | |||
| Sharada Designs Private Limited | ₹22.81 Cr (FY 2024) | -33.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Solai Cotton Mills Private Limited, buy the company report.
Auditor
Solai Cotton Mills Private Limited is audited by M CHINNASWAMY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M CHINNASWAMY | FY 2023 | 026877 |
Shareholding
The shareholding of Solai Cotton 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 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 Solai Cotton Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.18 Cr
Satisfied charges
₹30.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2025 | 101054686 | Others | ₹1.49 Cr | Open | |
| 10 Feb 2025 | 101054697 | Others | ₹69 Lakh | Open | |
| 10 Feb 2025 | 101054706 | Others | ₹7 Cr | Open | |
| 24 Apr 2023 | 100720554 | City Union Bank Limited | ₹50 Lakh | Satisfied | |
| 24 Mar 2022 | 100570338 | City Union Bank Limited | ₹1.25 Cr | Satisfied |
To see the full charge records of Solai Cotton Mills Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Solai Cotton Mills Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BALLARI, Karnataka | Criminal complaint | Filed against the company by Messers Tulasi Cotton Corporation, Rep. by Its Prop. D. Karthik | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed against the company by Messers Tulasi Cotton Corporation, Rep. by Its Prop. D. Karthik | Disposed |
To see the full case history of Solai Cotton Mills 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
Solai Cotton Mills Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Accura Tech |
To see the full MSME payment records of Solai Cotton Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Solai Cotton Mills Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
57.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Solai Cotton Mills Private Limited, buy the company report.
GST
Solai Cotton Mills has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCP0897N1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solai Cotton Mills Private Limited, buy the company report.
Recent activity
Solai Cotton Mills Private Limited has 8 board changes on record since 2003: 5 appointments and 3 cessations. The latest: Lakshmanan Saminathan ceased to be Managing Director on 28 Mar 2018.
AGM
Solai Cotton Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solai Cotton Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge registered on 24 Apr 2023 via Charge ID 100720554 with City Union Bank Limited was fully satisfied on 15 Feb 2025.
Charges
A charge registered on 24 Mar 2022 via Charge ID 100570338 with City Union Bank Limited was fully satisfied on 15 Feb 2025.
Charges
A charge registered on 30 Nov 2021 via Charge ID 100518399 with City Union Bank Limited was fully satisfied on 15 Feb 2025.
Charges
A charge registered on 26 Jun 2020 via Charge ID 100346465 with City Union Bank Limited was fully satisfied on 15 Feb 2025.
Charges
A charge registered on 04 May 2019 via Charge ID 100269073 with City Union Bank Limited was fully satisfied on 15 Feb 2025.
Charges
A charge registered on 22 Mar 2019 via Charge ID 100265393 with City Union Bank Limited was fully satisfied on 15 Feb 2025.
Charges
A charge with Others amounted to Rs. 1.49 Cr with Charge ID 101054686 was registered on 10 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.69 Cr with Charge ID 101054697 was registered on 10 Feb 2025.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101054706 was registered on 10 Feb 2025.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100720554 was registered on 24 Apr 2023.
18 earlier events are in the company report.
Frequently asked questions
Solai Cotton Mills is an active private limited company based in Kangayam, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 March 2003 (23+ years old) and is registered under CIN U17111TZ2003PTC010515.
Solai Cotton Mills has 2 current directors:
- Gandhi Rajamani - Director
- Anbarasan - Director
The latest financial statements of Solai Cotton Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Solai Cotton Mills is 33AADCP0897N1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Solai Cotton Mills is U17111TZ2003PTC010515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solai Cotton Mills has 2 court cases on record: 2 filed against it.
Solai Cotton Mills was incorporated on 17 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Solai Cotton Mills by revenue are Sivaparamesh Spinning Mill Private Limited, Crav Apparels Private Limited, Pushkar Ganesh Cotton Club Export Private Limited, Sharada Designs Private Limited, all in the Manufacturing industry (Cotton, Textiles), with the same principal business activity (textile, leather and other apparel products).
Lakshmanan Saminathan ceased to be Managing Director on 28 Mar 2018. Pattegounder Swaminathan ceased to be Director on 28 Mar 2018. Ponnusamy Karuppagounder ceased to be Director on 28 Mar 2018. Solai Cotton Mills has 8 board changes on record in total.
Yes, Solai Cotton Mills is registered as an MSME under Udyam registration (number: UDYAM-TN-07-0015448).
Solai Cotton Mills has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 Jun 2019.
The registered office of Solai Cotton Mills is at S.F.No.482 & 494 Sammanthampalayam Trichy Main Road, Kangayam, Tamil Nadu, India – 638701.
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