Sri Bhagavathi Textiles Ltd
About Sri Bhagavathi Textiles Ltd
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Sri Bhagavathi Textiles Ltd is a public limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Anamallais Bus Transport Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 February 1963 and has been in existence for over 63 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U60100TZ1963PLC014434. Its GSTIN is 33AADCS2823D1ZV (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹39 Cr and a paid-up capital of ₹38.52 Cr. It was formerly known as Sri Bhagavathi Textiles Private Limited. It is led by directors including Vijayakumar Ramachandran (Whole-Time Director) and Masimuthu Shanmugam.
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 180 Race Course Road Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.81 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net loss of ₹11.52 Cr (net margin -61.3%) and EBITDA of ₹19.4 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 292% over five years.
As per MCA filings, the company has open charges of ₹23.02 Cr and satisfied charges of ₹72.71 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹38 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sri Bhagavathi Textiles has one previous CIN (Corporate Identification Number): U18101TZ1963PLC014434. The current CIN is U60100TZ1963PLC014434, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60100TZ1963PLC014434 | Current |
| U18101TZ1963PLC014434 | Previous |
Contact details
Sri Bhagavathi Textiles Ltd's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address180 Race Course Road Coimbatore, Tamil Nadu, India – 641018
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sri Bhagavathi Textiles Ltd, buy the company report.
- 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
Business activity
The main business activity of Sri Bhagavathi Textiles is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Sri Bhagavathi Textiles Ltd, buy the company report.
Financials of Sri Bhagavathi Textiles Ltd
FY 2024 filings availableSri Bhagavathi Textiles Ltd reported revenue of ₹18.81 Cr (up 59% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 292% over five years, including 59% growth in the latest year. EBITDA fell 89% 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 |
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| EBITDA | ₹19.4 Lakh | ||||
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| Net Profit (PAT) | -₹11.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | -61.3% | ||||
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To see the full financial statements and ratios of Sri Bhagavathi Textiles Ltd, buy the company report.
Board of directors and KMP of Sri Bhagavathi Textiles Ltd
Sri Bhagavathi Textiles Ltd currently reports 4 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Masimuthu Shanmugam | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
| Vijayakumar Ramachandran | Whole-Time Director | 24 May 2022 | 4 Years 4 Months | Current |
| Muthusamy Sathish Kumar Also directs: A B T Limited | Director | 24 May 2022 | 4 Years 4 Months | Current |
| Janakiraman Jayaraman Also directs: Bae Design & Contract Private Limited | Cfo | 26 Aug 2024 | 2 Years 1 Months | Current |
| Tharanipathy Rajkumar | Director | 30 Aug 1995 | 31 Years 1 Months | Current |
Auditor
Sri Bhagavathi Textiles Ltd is audited by P N Raghavendra Rao & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P N Raghavendra Rao & Co | FY 2023 | 003328S |
Shareholding
The shareholding of Sri Bhagavathi Textiles Ltd 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 Sri Bhagavathi Textiles Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 1999 | 90022495 | Indian Bank | ₹7.43 Cr | Open | |
| 26 Mar 1999 | 90022440 | Global Trust Bank Ltd. | ₹2 Cr | Open | |
| 29 Jun 1998 | 90022379 | India Equipment Leasing Ltd. | ₹1.24 Cr | Open | |
| 15 Apr 1997 | 90022295 | Global Trust Bank Ltd. | ₹64 Lakh | Open | |
| 29 Jan 1997 | 90022282 | Apple Credit Corpn. Ltd. | ₹1.55 Cr | Open |
To see the full charge records of Sri Bhagavathi Textiles Ltd, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Sri Bhagavathi Textiles Ltd has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹38 Cr; the latest was in March 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Anarnallais Bus Transport Private Limited Seller: A B T Textiles Private Limited |
| Mar 2007 | Funding round | ₹15 Cr | Investors: A B T Textiles Private Limited |
| Jun 2005 | Funding round | ₹23 Cr | Investors: A B T Textiles Private Limited , Sakthi Newtek Links Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sri Bhagavathi Textiles Ltd has 16 court cases on record: 10 filed by Sri Bhagavathi Textiles, 6 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 6 | 3 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Kerala State Electricity Board Ltd and 5 others | Pending |
| High Court | Writ petition | Filed by the company against State of Kerala and 2 others | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Asstt. Provident Fund Commissioner ( Compliance Division) | Disposed |
| High Court | Writ petition | Filed by the company against Regional Provident Fund Commissioner and 2 others | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed against the company by M/S Gill & Co, | Disposed |
To see the full case history of Sri Bhagavathi Textiles Ltd, 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
No delayed payments to MSME suppliers are on our record for Sri Bhagavathi Textiles Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sri Bhagavathi Textiles has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCS2823D1ZV | Tamil Nadu | Active | 25 Apr 2022 |
| 33AADCS2823D2ZU | Tamil Nadu | Active | 14 Nov 2022 |
To see the full GST registrations and return filing status of Sri Bhagavathi Textiles Ltd, buy the company report.
Recent activity
Sri Bhagavathi Textiles Ltd has 18 board changes on record since 1995: 5 appointments and 13 cessations. The latest: Janakiraman Jayaraman was appointed as CFO on 26 Aug 2024.
49 earlier events are in the company report.
Frequently asked questions
Sri Bhagavathi Textiles is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 February 1963 (63+ years old) and is registered under CIN U60100TZ1963PLC014434.
Sri Bhagavathi Textiles has 5 current directors and KMP:
- Vijayakumar Ramachandran - Whole-Time Director
- Masimuthu Shanmugam - Director
- Muthusamy Sathish Kumar - Director
- Tharanipathy Rajkumar - Director
- Janakiraman Jayaraman - Cfo
The latest financial statements of Sri Bhagavathi Textiles 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 Sri Bhagavathi Textiles is 33AADCS2823D1ZV, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AADCS2823D2ZU (Tamil Nadu).
The CIN (Corporate Identification Number) of Sri Bhagavathi Textiles is U60100TZ1963PLC014434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Bhagavathi Textiles has 16 court cases on record: 10 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Sri Bhagavathi Textiles was incorporated on 28 February 1963, making it 63+ years old. It is registered with the Registrar of Companies, Coimbatore.
Sri Bhagavathi Textiles has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹38 Cr; the latest was in March 2019.
Janakiraman Jayaraman was appointed as CFO on 26 Aug 2024. Muthusamy Sathish Kumar ceased to be Additional Director on 30 Sep 2022. Vijayakumar Ramachandran ceased to be Whole-Time Director on 29 Sep 2022. Sri Bhagavathi Textiles has 18 board changes on record in total.
The registered office of Sri Bhagavathi Textiles is at 180 Race Course Road Coimbatore, Tamil Nadu, India – 641018.