MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0018907
Sreevari Apparels Private Limited - manufacturing in Mettupalayam, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.51 Cr
▲ 9% YoY
Net profit · FY 2024
₹24.07 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹65.38 Lakh
EBITDA margin 6.2%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹65.15 Lakh
Issued & subscribed
Open charges
₹37.13 Lakh
Satisfied ₹6.47 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
72
Provident fund records
About Sreevari Apparels Private Limited
Data last updated:
Sreevari Apparels Private Limited is a private limited company based in Mettupalayam, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ1993PTC004411. Its GSTIN is 33AAECS3320G1ZU (Tamil Nadu).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹65.15 Lakh. It is led by directors including Dhamodaraswamy Ashokkumar (Managing Director) and Varunkrishna Ashokkumar (Managing Director).
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 Mettupalayam, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.51 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹24.07 Lakh (net margin 2.3%) and EBITDA of ₹65.38 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.13 Lakh and satisfied charges of ₹6.47 Cr on record.
Sreevari Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0018907). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sreevari.com.
Company Details of Sreevari Apparels Private Limited
CIN U18101TZ1993PTC004411
Registration Number 004411
Incorporation Date 21 May 1993
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 Small
Udyam Registration UDYAM-TN-03-0018907
Key People
Dhamodaraswamy Ashokkumar Managing Director Varunkrishna Ashokkumar Managing Director Usha Ashokkumar Whole-Time Director Recognitions & Rankings of Sreevari Apparels
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSf No. 399/2 Door No. 8/6, Level Crossing Road, Mettupalayam, Tamil Nadu, India – 641103
- IndustryManufacturing, Textile & Fabric Production
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Business Activity of Sreevari Apparels Private Limited
The main business activity of Sreevari Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
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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 Sreevari Apparels Private Limited FY 2024 filings available
Sreevari Apparels Private Limited reported revenue of ₹10.51 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹10.51 Cr ▲ 9%
Net profit · FY 2024
₹24.07 Lakh margin 2.3%
EBITDA · FY 2024
₹65.38 Lakh margin 6.2%
Compounded Annual Growth Rate (CAGR) of Sreevari Apparels Private Limited
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 11%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▼ 2%
5 years · compounded
▼ 12%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 9% growth in the latest year. EBITDA rose 38% 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 Sreevari Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹65.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.07 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 Sreevari Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Sreevari Apparels 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 Sreevari Apparels Private Limited
Sreevari Apparels has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhamodaraswamy Ashokkumar | Managing Director | 01 May 2019 | 7 Years 5 Months | Current |
| Usha Ashokkumar | Whole-Time Director | 25 Jun 2016 | 10 Years 3 Months | Current |
| Jayakumar Dhamodaraswamy Naidu | Whole-Time Director | 01 Nov 2013 | 12 Years 11 Months | Current |
| Varunkrishna Ashokkumar | Managing Director | 01 Nov 2013 | 12 Years 11 Months | Current |
| Ellamanaidu Mounaguruswamy Also directs: Coimbatore Pioneer Trading and Warehousing Limited | Director | 21 May 1993 | 33 Years 5 Months | Current |
Peer Comparison of Sreevari Apparels Private Limited
Sreevari Apparels 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanvi Weaves Private Limited | ₹10.53 Cr (FY 2025) | •••• | •••• | 128.0% | •••• | Palsana, Gujarat, India |
| Anamika Enterprises Private Limited | ₹10.52 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Coimbatore, Tamil Nadu, India |
| R.S. Spuntex Private Limited | ₹10.52 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Bhilwara, Rajasthan, India |
| MKM Syntex Private Limited | ₹10.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bhilwara, Rajasthan, India |
| Siddhi Vinayak Fibre Private Limited | ₹10.51 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Surat, Gujarat, India |
| Sreevari Apparels Private Limited this company | ₹10.51 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Mettupalayam, Tamil Nadu, India |
| Pillars Exports Private Limited | ₹10.51 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Noida, Uttar Pradesh, India |
| Sukhdham Textiles Private Limited | ₹10.51 Cr (FY 2016) | •••• | •••• | 12982.0% | •••• | Delhi, India |
| Sidhi Vinayak Cotspin Private Limited | ₹10.5 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Punjab, India |
| Gallari Creations Private Limited | ₹10.5 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Bengaluru, Karnataka, India |
| Dazzling Tradecom Private Limited | ₹10.49 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Sreevari Apparels 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 Sreevari Apparels Private Limited
Sreevari Apparels Private Limited is audited by S KRISHNAMOORTHY AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S KRISHNAMOORTHY AND CO | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Sreevari Apparels Private Limited
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Charges & Borrowings of Sreevari Apparels Private Limited
Open charges
₹37.13 Lakh
Satisfied charges
₹6.47 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2022 | Others | ₹20 Lakh | Open |
| 22 Jun 2022 | Others | ₹14.6 Lakh | Open |
| 06 Feb 1996 | Anz Grindlays Bank Ltd. | ₹2.53 Lakh | Open |
| 20 Nov 2019 | Others | ₹5 Lakh | Satisfied |
| 04 Sep 2015 | Punjab National Bank | ₹13 Lakh | Satisfied |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Sreevari Apparels Private Limited
Sreevari Apparels Private Limited has a workforce of 72 employees as of Apr 09, 2024.
Employee count
72
Active EPFO establishments
1
Employee growth
-31.43%
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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 Sreevari Apparels Private Limited
Sreevari Apparels Private Limited has 11 board changes on record since 1993: 5 appointments and 6 cessations. The latest: Vijayalakshmi ceased to be Director on 19 Feb 2021.
AGM
Sreevari Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sreevari Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge registered on 20 Nov 2019 via Charge ID 100325219 with Others was fully satisfied on 21 Sep 2023.
Charges
A charge registered on 23 Feb 1994 via Charge ID 90000404 with Others was fully satisfied on 21 Sep 2023.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100651200 was registered on 21 Nov 2022.
Charges
A charge with Others amounted to Rs. 14.60 Lakh with Charge ID 100599191 was registered on 22 Jun 2022.
Charges
A charge registered on 04 Sep 2015 via Charge ID 10593525 with Punjab National Bank was fully satisfied on 17 Mar 2022.
Charges
A charge with Others of Rs. 340.88 Lakh registered on 23 Feb 1994 with Charge ID 90000404 was modified on 04 Mar 2022.
Ceased
Vijayalakshmi ceased to be Director.
Ceased
Varunkrishna Ashokkumar ceased to be Managing Director.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100325219 was registered on 20 Nov 2019.
Appointed
Dhamodaraswamy Ashokkumar was appointed as Managing Director.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sreevari Apparels Private Limited
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MSME Payment Delays by Sreevari Apparels Private Limited
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Subsidiaries & Group Companies of Sreevari Apparels Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Sreevari Apparels Private Limited
Sreevari Apparels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECS3320G1ZU | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Sreevari Apparels Private Limited
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Frequently Asked Questions about Sreevari Apparels Private Limited
Sreevari Apparels is an active private limited company based in Mettupalayam, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 May 1993 (33+ years old) and is registered under CIN U18101TZ1993PTC004411.
Sreevari Apparels reported revenue of ₹10.51 Cr for FY 2024 (up 9% YoY).
Sreevari Apparels has 5 current directors:
- Dhamodaraswamy Ashokkumar - Managing Director
- Varunkrishna Ashokkumar - Managing Director
- Usha Ashokkumar - Whole-Time Director
- Jayakumar Dhamodaraswamy Naidu - Whole-Time Director
- Ellamanaidu Mounaguruswamy - Director
Sreevari Apparels reported a net profit of ₹24.07 Lakh (net margin 2.3%) and EBITDA of ₹65.38 Lakh (EBITDA margin 6.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sreevari Apparels is 11% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sreevari Apparels is 33AAECS3320G1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sreevari Apparels is U18101TZ1993PTC004411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sreevari Apparels was incorporated on 21 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sreevari Apparels by revenue are Shanvi Weaves Private Limited, Anamika Enterprises Private Limited, R.S. Spuntex Private Limited, MKM Syntex Private Limited, Siddhi Vinayak Fibre Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Vijayalakshmi ceased to be Director on 19 Feb 2021. Varunkrishna Ashokkumar ceased to be Managing Director on 16 Jan 2020. Dhamodaraswamy Ashokkumar was appointed as Managing Director on 01 May 2019. Sreevari Apparels has 11 board changes on record in total.
Yes, Sreevari Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0018907).