About Sri Harini Textiles Limited
Data last updated:
Sri Harini Textiles Limited was a public limited company based in Virudhunagar, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 October 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN2005PLC057807. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It was led by directors including Nambur Krishnama Raja Shrikantan Raja and Nalina Ramalakshmi.
Its last annual general meeting (AGM) was held on 15 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Sri Bhavanam 102 P S K Nagar Rajapalayam, Virudhunagar, Tamil Nadu, India – 626108.
As per the financials filed for FY 2022, the company reported a revenue of ₹56.3 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net loss of ₹1.13 Cr (net margin -2%) and EBITDA of ₹4.25 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company had about 132 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹10 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 8 filed against it; 4 cases are pending.
The last known website on record is ramcotex.com.
Company details
Contact details
Sri Harini Textiles Limited's registered office is in Virudhunagar, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressSri Bhavanam 102 P S K Nagar Rajapalayam, Virudhunagar, Tamil Nadu, India – 626108
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sri Harini Textiles Limited, 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 Harini Textiles 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 Sri Harini Textiles Limited, buy the company report.
Financials of Sri Harini Textiles Limited
FY 2022 filings availableSri Harini Textiles Limited reported revenue of ₹56.3 Cr (up 70% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 70% growth in the latest year. EBITDA rose 662% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹56.3 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.13 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | -2% | ||||
| 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 Sri Harini Textiles Limited, buy the company report.
Board of directors of Sri Harini Textiles Limited
Sri Harini Textiles has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Sri Harini Textiles Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Suraj Dyeing and Printing Limited | ₹56.33 Cr (FY 2025) | 19.0% | Bhilwara, Rajasthan, India | |||
| Jay Khodiyar Cotton Private Limited | ₹56.32 Cr (FY 2023) | -41.0% | Mahuva, Gujarat, India | |||
| Supershine Syncotex Private Limited | ₹56.32 Cr (FY 2025) | 19.0% | Bhilwara, Rajasthan, India | |||
| Sri Harini Textiles Limitedthis company | ₹56.3 Cr (FY 2022) | -₹1.13 Cr | -2% | 70.0% | 132 | Virudhunagar, Tamil Nadu, India |
| Fathimuthu Amma Mills Private Limited | ₹56.27 Cr (FY 2025) | -5.0% | Nanguneri, Tamil Nadu, India | |||
| Dhanpriya Prints Private Limited | ₹56.2 Cr (FY 2025) | -4.0% | Surat, Gujarat, India | |||
| Sree Satyanarayana Spinning Mills Ltd | ₹56.03 Cr (FY 2023) | -41.0% | Andhra Pradesh, India | |||
| Mayur Fabrics Pvt Ltd | ₹55.97 Cr (FY 2025) | 31.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Sri Harini Textiles Limited, buy the company report.
Auditor
Sri Harini Textiles Limited is audited by M S JAGANNATHAN & N KRISHNASWAMI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S JAGANNATHAN & N KRISHNASWAMI | FY 2022 | 001208S |
Shareholding
The shareholding of Sri Harini Textiles Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sri Harini Textiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2015 | 10603500 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Sri Harini Textiles Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sri Harini Textiles Limited has 19 court cases on record: 11 filed by Sri Harini Textiles, 8 filed against it. 4 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 8 | 4 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Ltd. and 3 others | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Ltd. and 1 other | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Limited, (Apspdcl) and 5 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Limited, and 3 others | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed against the company by Rajapalayam Mills Ltd., Gopinenipalem Village, Vatsavai | Disposed |
To see the full case history of Sri Harini Textiles 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.
Credit ratings & regulatory alerts
Sri Harini Textiles Limited was last rated by Icra on 10 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 Jun 2021 |
To see the full credit ratings and regulatory alerts of Sri Harini Textiles Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sri Harini Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sri Harini Textiles Limited has a workforce of 132 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Sri Harini Textiles has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sri Harini Textiles Limited, buy the company report.
Recent activity
Sri Harini Textiles Limited has 11 board changes on record since 2005: 5 appointments and 6 cessations. The latest: Poosapadi Jagadeeswara Raja Ramkumar Rajha ceased to be Additional Director on 10 Aug 2017.
5 earlier events are in the company report.
Frequently asked questions
Sri Harini Textiles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sri Harini Textiles was a public limited company based in Virudhunagar, Tamil Nadu, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 13 October 2005 and is registered under CIN U17111TN2005PLC057807. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sri Harini Textiles was incorporated on 13 October 2005. It is registered with the Registrar of Companies, Chennai.
Sri Harini Textiles had 5 directors:
- Nambur Krishnama Raja Shrikantan Raja - Director
- Nalina Ramalakshmi - Director
- Nambur Krishnama Raja Ramasamy Raja - Director
- Kanthimathinathan Subramanian - Director
- Poosapadi Jagadeeswara Raja Ramkumar Rajha - Director
The CIN (Corporate Identification Number) of Sri Harini Textiles is U17111TN2005PLC057807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sri Harini Textiles is at Sri Bhavanam 102 P S K Nagar Rajapalayam, Virudhunagar, Tamil Nadu, India – 626108.
Sri Harini Textiles can be reached through the website ramcotex.com. Its registered office is in Virudhunagar, Tamil Nadu, India.
The latest financial statements of Sri Harini Textiles on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 15 December 2022. Year-wise statements from 2015 are in the company report.
No. Sri Harini Textiles has 3 GST registrations on record and all of them are cancelled or inactive.
Sri Harini Textiles operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Sri Harini Textiles by revenue are Suraj Dyeing and Printing Limited, Jay Khodiyar Cotton Private Limited, Supershine Syncotex Private Limited, Fathimuthu Amma Mills Private Limited, Dhanpriya Prints Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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