MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-20-0019316
Southern Spinners and Processors Limited
Southern Spinners and Processors Limited - manufacturing in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹81.07 Cr
▲ 9% YoY
Net profit · FY 2025
₹3.59 Cr
Net margin 4.4%
EBITDA · FY 2025
₹7.17 Cr
EBITDA margin 8.8%
Authorised capital
₹5.05 Cr
Registered with MCA
Paid-up capital
₹5.05 Cr
Issued & subscribed
Open charges
₹14 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
81
Provident fund records
About Southern Spinners and Processors Limited
Data last updated:
Southern Spinners and Processors Limited is a public limited company based in Madurai, Tamil Nadu, India, a subsidiary of Bengal & Assam Company Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN2005PLC056558. Its GSTIN is 33AAJCS7137G1ZA (Tamil Nadu).
The company has an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹5.05 Cr. It was formerly known as Southern Spinners and Processors Private Limited. It is led by directors including Pawan Kumar Rustagi and Vidya Charan Shukla.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 Madurai – Melakkal Road, Tamil Nadu, India – 625016.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.07 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.59 Cr (net margin 4.4%) and EBITDA of ₹7.17 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JK Fenner. As per MCA filings, the company has open charges of ₹14 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5 Cr; the latest was in August 2006. Its 8 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 3 smaller; the largest is Uttranchal Filament Private Limited with revenue of ₹81.15 Cr.
Southern Spinners and Processors Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0019316). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TN2005PLC056558
Registration Number 056558
Incorporation Date 09 June 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Bengal & Assam Company Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-20-0019316
CIN history
Southern Spinners and Processors has one previous CIN (Corporate Identification Number): L17111TN2005PLC056558. The current CIN is U17111TN2005PLC056558, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TN2005PLC056558 | Current |
| L17111TN2005PLC056558 | Previous |
Recognitions & Rankings of Southern Spinners and Processors
Contact details
Southern Spinners and Processors Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Madurai – Melakkal Road, Tamil Nadu, India – 625016
- IndustryManufacturing, Textile & Fabric Production, Plastic & Resins
To see the full contact details of Southern Spinners and Processors Limited, buy the company report.
Comprehensive company report
Southern Spinners and Processors 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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Brands
Southern Spinners and Processors operates one associated brand: JK Fenner. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and manufactures industrial mechanical system | jkfenner.com |
Business activity
The main business activity of Southern Spinners and Processors 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 Southern Spinners and Processors Limited, buy the company report.
Financials of Southern Spinners and Processors Limited
FY 2025 filings availableSouthern Spinners and Processors Limited reported revenue of ₹81.07 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹81.07 Cr ▲ 9%
Net profit · FY 2025
₹3.59 Cr margin 4.4%
EBITDA · FY 2025
₹7.17 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 3%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 30%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 9% growth in the latest year. EBITDA rose 53% 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 | ₹7.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.59 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | 8.8% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 Southern Spinners and Processors Limited, buy the company report.
Board of directors of Southern Spinners and Processors Limited
Southern Spinners and Processors has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Rustagi Also directs: Clinirx Research Private Limited | Director | 01 Aug 2006 | 20 Years 3 Months | Current |
| Vidya Charan Shukla Also directs: Modern Cotton Yarn Spinners Limited, Ghvvr Infra Agro & Digitech Private Limited, Sridharnath Research Limited and 1 more | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Nagaraju Srirama Also directs: Modern Cotton Yarn Spinners Limited, The Sirpur Paper Mills Ltd, J.K. Fenner (India) Limited and 1 more | Director | 06 May 2013 | 13 Years 6 Months | Current |
Peer comparison
Southern Spinners and Processors Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Uttranchal Filament Private Limited | ₹81.15 Cr (FY 2025) | 13.0% | Haridwar, Uttarakhand, India | |||
| Venus Mills Pvt.Ltd. | ₹81.15 Cr (FY 2025) | 10.0% | Surat, Gujarat, India | |||
| Sri Hari Prasath Textiles Private Limited | ₹81.15 Cr (FY 2025) | 12.0% | Erode, Tamil Nadu, India | |||
| Kiwi Cottspin Mill Private Limited | ₹81.12 Cr (FY 2025) | 26.0% | Tirupur, Tamil Nadu, India | |||
| Dimple Creations Private Limited | ₹81.1 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Southern Spinners and Processors Limitedthis company | ₹81.07 Cr (FY 2025) | ₹3.59 Cr | 4.4% | 9.0% | 81 | Madurai, Tamil Nadu, India |
| Sree Kailaii Spinners Private Limited | ₹81.02 Cr (FY 2025) | 19.0% | Coimbatore, Tamil Nadu, India | |||
| Dhanlaxmi Texto Fab Private Limited | ₹80.91 Cr (FY 2025) | 5.0% | Surat, Gujarat, India | |||
| Shrisiyaram Texspin Private Limited | ₹80.82 Cr (FY 2025) | 19.0% | Surat, Gujarat, India |
To see the full peer comparison of Southern Spinners and Processors Limited, buy the company report.
Auditor
Southern Spinners and Processors Limited is audited by S.S. KOTHARI MEHTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S. KOTHARI MEHTA & CO. | FY 2023 | 000756N |
Shareholding
The shareholding of Southern Spinners and Processors 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 Southern Spinners and Processors Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2021 | 100518517 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 29 Oct 2007 | 10078626 | Canara Bank | ₹7 Cr | Open |
To see the full charge records of Southern Spinners and Processors Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Southern Spinners and Processors Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5 Cr; the latest was in August 2006.
Total deals
1
Funding round
1
Disclosed funding
₹5 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2006 | Funding round | ₹5 Cr | Investors: J.K. Fenner (India) Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Southern Spinners and Processors Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Southern Spinners and Processors Limited was last rated by Crisil on 03 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Jun 2021 |
To see the full credit ratings and regulatory alerts of Southern Spinners and Processors Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Southern Spinners and Processors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Southern Spinners and Processors Limited has a workforce of 81 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
81
Active EPFO establishments
1
Employee growth
-16.49%
GST
Southern Spinners and Processors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS7137G1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Southern Spinners and Processors Limited, buy the company report.
Recent activity
Southern Spinners and Processors Limited has 15 board changes on record since 2006: 3 appointments and 12 cessations. The latest: Ramakrishnan Satheesh Kumar ceased to be Company Secretary on 30 Jan 2021.
AGM
Southern Spinners And Processors Limited last Annual general meeting of members was held on 19 Aug 2025 as per latest MCA records.
Filing
Southern Spinners And Processors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Canara Bank of Rs. 7.00 Cr registered on 29 Oct 2007 with Charge ID 10078626 was modified on 28 Nov 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 21 Dec 2021 with Charge ID 100518517 was modified on 18 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100518517 was registered on 21 Dec 2021.
Ceased
Ramakrishnan Satheesh Kumar ceased to be Company Secretary.
Ceased
Vidya Charan Shukla ceased to be Director Appointed In Casual Vacancy.
Ceased
Vasudevan Rengaswamy ceased to be Director.
Appointed
Vidya Charan Shukla was appointed as Director.
Ceased
Sundar Mahalingam ceased to be Company Secretary.
Ceased
Krishnan Raman ceased to be Director.
Ceased
Nagaraju Srirama ceased to be Additional Director.
10 earlier events are in the company report.
Frequently asked questions
Southern Spinners and Processors is an active public limited company based in Madurai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 June 2005 (21+ years old) and is registered under CIN U17111TN2005PLC056558.
Southern Spinners and Processors has 3 current directors:
- Pawan Kumar Rustagi - Director
- Vidya Charan Shukla - Director
- Nagaraju Srirama - Director
The latest financial statements of Southern Spinners and Processors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Southern Spinners and Processors is 33AAJCS7137G1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Southern Spinners and Processors is U17111TN2005PLC056558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southern Spinners and Processors was incorporated on 09 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Southern Spinners and Processors has 1 deal on record (1 funding round), with disclosed funding of ₹5 Cr; the latest was in August 2006.
The peers of Southern Spinners and Processors by revenue are Uttranchal Filament Private Limited, Venus Mills Pvt.Ltd, Sri Hari Prasath Textiles Private Limited, Kiwi Cottspin Mill Private Limited, Dimple Creations Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ramakrishnan Satheesh Kumar ceased to be Company Secretary on 30 Jan 2021. Vidya Charan Shukla ceased to be Director Appointed In Casual Vacancy on 01 Sep 2020. Vasudevan Rengaswamy ceased to be Director on 24 Oct 2019. Southern Spinners and Processors has 15 board changes on record in total.
Yes, Southern Spinners and Processors is registered as a small enterprise under Udyam registration (number: UDYAM-TN-20-0019316).
The registered office of Southern Spinners and Processors is at 3 Madurai – Melakkal Road, Tamil Nadu, India – 625016.
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