MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0030911
SRG Apparels Limited - fashion and textile in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹415.04 Cr
▲ 17% YoY
Net profit · FY 2024
₹20.74 Cr
Net margin 5%
EBITDA · FY 2024
₹43.19 Cr
EBITDA margin 10.4%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹14.33 Cr
Issued & subscribed
Open charges
₹100 Cr
Satisfied ₹88.63 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
3,188
Provident fund records
About SRG Apparels Limited
Data last updated:
SRG Apparels Limited is a public limited company based in Tirupur, Tamil Nadu, India. It operates in the kids wear segment of the fashion and textiles sector. It was incorporated on 05 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ1999PLC008821. Its GSTIN is 33AADCS8162K1Z4 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.33 Cr. It was formerly known as Srg Apparels Private Limited. It is led by directors including Ramaswamy Govindaraju (Managing Director) and Karuppanan Meganathan (Whole-Time 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 10 Padmavathipuram Gandhinagar Post, Tirupur, Tamil Nadu, India – 641603.
As per the financials filed for FY 2024, the company reported a revenue of ₹415.04 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹20.74 Cr (net margin 5%) and EBITDA of ₹43.19 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The company has about 3,188 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Srg Apparels. As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹88.63 Cr on record. Court records list 72 cases involving the company, including 38 filed by the company and 34 filed against it; 16 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2018. Its 9 peer companies in the Apparel industry (Kids Wear, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Rudra Ecospin Recyclers Limited with revenue of ₹422.37 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2023, listing 368 overdue payments to 15 micro and small suppliers.
SRG Apparels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0030911). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website srgapparels.com.
Company details
CIN U18101TZ1999PLC008821
Registration Number 008821
Incorporation Date 05 April 1999
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-28-0030911
CIN history
SRG Apparels has one previous CIN (Corporate Identification Number): U18101TZ1999PTC008821. The current CIN is U18101TZ1999PLC008821, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101TZ1999PLC008821 | Current |
| U18101TZ1999PTC008821 | Previous |
Key People
Ramaswamy Govindaraju Managing Director Karuppanan Meganathan Whole-Time Director Govindaraj Revathi Whole-Time Director Recognitions & Rankings of SRG Apparels
Contact details
SRG Apparels Limited's registered office is in Tirupur, Tamil Nadu. Its website is srgapparels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10 Padmavathipuram Gandhinagar Post, Tirupur, Tamil Nadu, India – 641603
- IndustryFashion and Textile, Kids Wear
To see the full contact details of SRG Apparels Limited, buy the company report.
Comprehensive company report
SRG Apparels 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
SRG Apparels operates one associated brand: SRG APPARELS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Apparel manufacturing and sustainable practices in India. | srgapparels.com |
Business activity
The main business activity of SRG Apparels 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 SRG Apparels Limited, buy the company report.
Financials of SRG Apparels Limited
FY 2024 filings availableSRG Apparels Limited reported revenue of ₹415.04 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹415.04 Cr ▲ 17%
Net profit · FY 2024
₹20.74 Cr margin 5%
EBITDA · FY 2024
₹43.19 Cr margin 10.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 12%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 2%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 17% growth in the latest year. EBITDA rose 20% 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 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 | ₹415.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.74 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 5% | ||||
| 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 SRG Apparels Limited, buy the company report.
Board of directors of SRG Apparels Limited
SRG Apparels has 10 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjayan Subramanian | Director | 26 Mar 2018 | 8 Years 7 Months | Current |
| Karuppanan Meganathan Also directs: Born Babies India Private Limited, Peyote Knitwear Private Limited | Whole-Time Director | 05 Apr 1999 | 27 Years 6 Months | Current |
| Ramaswamy Govindaraju Also directs: Sivapuram Properties LLP, Apex Coco and Solar Energy Limited, Netaji Apparel Park and 5 more | Managing Director | 05 Apr 1999 | 27 Years 6 Months | Current |
| Govindaraj Revathi | Whole-Time Director | 05 Apr 1999 | 27 Years 6 Months | Current |
| Subramanian Saravana Kumar | Whole-Time Director | 19 Dec 2012 | 13 Years 10 Months | Current |
| Sivasubramaniam Sakthiprabhu Also directs: Born Babies India Private Limited, Amazing Knits Private Limited | Whole-Time Director | 19 Dec 2012 | 13 Years 10 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
SRG Apparels Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Kids Wear, 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 |
|---|---|---|---|---|---|---|
| Rudra Ecospin Recyclers Limited | ₹422.37 Cr (FY 2024) | -18.0% | Ludhiana, Punjab, India | |||
| Swaraj Suiting Limited | ₹418.36 Cr (FY 2025) | 29.0% | Bhilwara, Rajasthan, India | |||
| Satyam Spinners Pvt Ltd | ₹418.09 Cr (FY 2025) | 17.0% | Madhya Pradesh, India | |||
| Partap Spintex Private Limited | ₹416.46 Cr (FY 2025) | 7.0% | Ambala, Haryana, India | |||
| Gurdeep Singh and Sons Private Limited | ₹416.11 Cr (FY 2025) | 13.0% | Amritsar, Punjab, India | |||
| SRG Apparels Limitedthis company | ₹415.04 Cr (FY 2024) | ₹20.74 Cr | 5% | 17.0% | 3,188 | Tirupur, Tamil Nadu, India |
| Shrivallabh Pittie South West Industries Limited | ₹412.83 Cr (FY 2022) | -22.0% | Mumbai, Maharashtra, India | |||
| J K Investors(Bombay) Limited | ₹411.68 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Suam Overseas Private Limited | ₹411.3 Cr (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| Jeyavishnu Clothing Private Limited | ₹409.96 Cr (FY 2025) | 26.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of SRG Apparels Limited, buy the company report.
Auditor
SRG Apparels Limited is audited by J D S R AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J D S R AND ASSOCIATES | FY 2024 | 022474S |
Shareholding
The shareholding of SRG Apparels Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SRG Apparels Limited, buy the company report.
Charges & borrowings
Open charges
₹100 Cr
Satisfied charges
₹88.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2003 | 90009095 | Others | ₹100 Cr | Open | |
| 28 Mar 2019 | 100257943 | State Bank of India | ₹27.5 Cr | Satisfied | |
| 07 Nov 2015 | 10608402 | Others | ₹7.63 Cr | Satisfied | |
| 06 Sep 2014 | 10521197 | Ing Vysya Bank Limited | ₹6 Cr | Satisfied | |
| 13 Mar 2014 | 10484491 | Ing Vysya Bank Limited | ₹3 Cr | Satisfied |
To see the full charge records of SRG Apparels Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
SRG Apparels Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2018.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SRG Apparels Limited has 72 court cases on record: 38 filed by SRG Apparels, 34 filed against it. 16 cases are pending and 56 are disposed.
Total cases
72
Filed by the company
38
Filed against the company
34
Pending
16
Disposed
56
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 38 | 6 | 11 |
| District courts | 31 | 26 | 5 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Court case (TP(IBC)) | Filed against the company by M/S Gradiant WTT O&M Services Private Limited | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against Megala Kandasamy Proprietor of Palani Andavar Textiles | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against Kathiravan Proprietor of Green Way Exports | Pending |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company | Pending |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Pending |
To see the full case history of SRG Apparels 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
SRG Apparels Limited has 14 MSME Form 1 returns on record between 2019 and 2023, listing 368 overdue payments to 15 micro and small suppliers. 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 (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sharanya Fabs | |||
| Pinnacle Knitting Mills LLP | |||
| Sree Senthur Knits | |||
| Simta Machinery Private Limited | |||
| Shri Devi Knits |
To see the full MSME payment records of SRG Apparels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
SRG Apparels has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
SRG Apparels Limited has a workforce of 3,188 employees on its EPFO records as of Apr 07, 2024, across 4 active EPFO establishments.
Employee count
3,188
Active EPFO establishments
4
Employee growth
-11.47%
GST
SRG Apparels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCS8162K1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SRG Apparels Limited, buy the company report.
Recent activity
SRG Apparels Limited has 20 board changes on record since 1999: 10 appointments and 10 cessations. The latest: Arumugam Ramesh ceased to be Company Secretary on 15 Dec 2023.
Charges
A charge with Others of Rs. 100.00 Cr registered on 30 May 2003 with Charge ID 90009095 was modified on 03 Jun 2025.
Charges
A charge registered on 07 Nov 2015 via Charge ID 10608402 with Others was fully satisfied on 13 Jan 2025.
AGM
Srg Apparels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Srg Apparels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Arumugam Ramesh ceased to be Company Secretary.
Ceased
Sivaramakrishnan Annamalai ceased to be Additional Director.
Appointed
Sivaramakrishnan Annamalai was appointed as Director.
Ceased
Dhananjayan Subramanian ceased to be Director.
Ceased
Ramasamy Duraisamy ceased to be Director.
Charges
A charge with Others of Rs. 7.63 Cr registered on 07 Nov 2015 with Charge ID 10608402 was modified on 10 Dec 2021.
Charges
A charge registered on 28 Mar 2019 via Charge ID 100257943 with State Bank Of India was fully satisfied on 21 Aug 2021.
Ceased
Prabhu ceased to be Additional Director.
46 earlier events are in the company report.
Frequently asked questions
SRG Apparels is an active public limited company based in Tirupur, Tamil Nadu, India. The company works in kids wear, within the fashion and textile industry. It was incorporated on 05 April 1999 (27+ years old) and is registered under CIN U18101TZ1999PLC008821.
SRG Apparels has 10 current directors:
- Ramaswamy Govindaraju - Managing Director
- Karuppanan Meganathan - Whole-Time Director
- Govindaraj Revathi - Whole-Time Director
- Subramanian Saravana Kumar - Whole-Time Director
- Sivasubramaniam Sakthiprabhu - Whole-Time Director
- Govindaraju Saranya - Whole-Time Director
- Shiva Sankari Sakthi Prabhu - Whole-Time Director
- Dhananjayan Subramanian - Director
- Sivaramakrishnan Annamalai - Director
- Ramasamy Duraisamy - Director
The latest financial statements of SRG Apparels 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 SRG Apparels is 33AADCS8162K1Z4, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of SRG Apparels is U18101TZ1999PLC008821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SRG Apparels has 72 court cases on record: 38 filed by the company and 34 filed against it. 16 are pending. Most are in the high courts.
SRG Apparels was incorporated on 05 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Coimbatore.
SRG Apparels has 2 deals on record (2 secondary share transfers); the latest was in September 2018.
The peers of SRG Apparels by revenue are Rudra Ecospin Recyclers Limited, Swaraj Suiting Limited, Satyam Spinners Pvt Ltd, Partap Spintex Private Limited, Gurdeep Singh and Sons Private Limited and 4 more, all in the Apparel industry (Kids Wear, Textiles), with the same principal business activity (textile, leather and other apparel products).
Arumugam Ramesh ceased to be Company Secretary on 15 Dec 2023. Sivaramakrishnan Annamalai ceased to be Additional Director on 28 Sep 2023. Sivaramakrishnan Annamalai was appointed as Director on 03 May 2023. SRG Apparels has 20 board changes on record in total.
Yes, SRG Apparels is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0030911).
SRG Apparels has 14 MSME Form 1 returns on record between 2019 and 2023, listing 368 overdue payments to 15 micro and small suppliers. The latest return was filed on 20 Nov 2023.