Sri Matha Spinning Mills Private Limited
About Sri Matha Spinning Mills Private Limited
Data last updated:
Sri Matha Spinning Mills Private Limited is a private limited company based in Tiruppur, Tamil Nadu, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 02 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1998PTC008633. Its GSTIN is 33AAECS1881Q1ZV (Tamil Nadu).
The company has an authorised share capital of ₹95 Lakh and a paid-up capital of ₹95 Lakh. It is led by directors Shanmugasundaram Muthu Karthikeyan Sudhan (Managing Director) and Sudhan Kavitha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tiruppur, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹357.35 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹2.12 Cr (net margin -0.6%) and EBITDA of ₹20.85 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 1,271 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹151.1 Cr and satisfied charges of ₹322.97 Cr on record. Court records list 28 cases involving the company, including 22 filed by the company and 6 filed against it; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in June 2022. 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, 4 larger and 4 smaller; the largest is Devika Fibres Pvt Ltd with revenue of ₹363.1 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri Matha Spinning Mills Private Limited's registered office is in Tiruppur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address48 Kangeyam Road, Tirupur, Tiruppur, Tamil Nadu, India – 641604
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Sri Matha Spinning Mills Private 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 Matha Spinning Mills 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 Matha Spinning Mills Private Limited, buy the company report.
Financials of Sri Matha Spinning Mills Private Limited
FY 2025 filings availableSri Matha Spinning Mills Private Limited reported revenue of ₹357.35 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 80% 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 |
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| EBITDA | ₹20.85 Cr | ||||
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| Net Profit (PAT) | -₹2.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | -0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sri Matha Spinning Mills Private Limited, buy the company report.
Board of directors of Sri Matha Spinning Mills Private Limited
Sri Matha Spinning Mills has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanmugasundaram Muthu Karthikeyan Sudhan Also directs: Kanakathara Estates LLP, Sri Sankari Yarns Private Limited | Managing Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Sudhan Kavitha Also directs: Sri Sankari Yarns Private Limited | Whole-Time Director | 01 Jun 2022 | 4 Years 5 Months | Current |
Peer comparison
Sri Matha Spinning Mills Private 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 |
|---|---|---|---|---|---|---|
| Devika Fibres Pvt Ltd | ₹363.1 Cr (FY 2025) | -3.0% | Surat, Gujarat, India | |||
| WFB Baird and Company India Private Limited | ₹361.66 Cr (FY 2022) | 95.0% | Ernakulam, Kerala, India | |||
| Redeco Fibers Private Limited | ₹359.17 Cr (FY 2025) | 24.0% | Neknam, Gujarat, India | |||
| Saanika Industries Private Limited | ₹358.66 Cr (FY 2025) | -8.0% | Mandvi, Gujarat, India | |||
| Sri Matha Spinning Mills Private Limitedthis company | ₹357.35 Cr (FY 2025) | -₹2.12 Cr | -0.6% | -6.0% | 1,271 | Tiruppur, Tamil Nadu, India |
| Benktesh Synth Processors Pvt Ltd | ₹356.57 Cr (FY 2025) | 34.0% | Mumbai, Maharashtra, India | |||
| Kandoi Techfab Private Limited | ₹353.07 Cr (FY 2025) | 58.0% | Mumbai, Maharashtra, India | |||
| Shabnam Petrofils Private Limited | ₹352.96 Cr (FY 2025) | 8.0% | Surat, Gujarat, India | |||
| Link Up Textiles Private Limited | ₹352.7 Cr (FY 2024) | 11502936.0% | Valasaravakkam Chennai, Tamil Nadu, India |
To see the full peer comparison of Sri Matha Spinning Mills Private Limited, buy the company report.
Shareholding
The shareholding of Sri Matha Spinning Mills Private 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 Sri Matha Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2021 | 100524707 | Axis Bank Limited | ₹24.75 Cr | Open | |
| 02 Mar 2015 | 10552558 | State Bank of India | ₹111.35 Cr | Open | |
| 02 Mar 2015 | 10552561 | State Bank of India | ₹15 Cr | Open | |
| 14 Feb 2013 | 10412730 | State Bank of India | ₹20 Cr | Satisfied | |
| 19 Mar 2012 | 10348483 | Idbi Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Sri Matha Spinning Mills Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Sri Matha Spinning Mills Private Limited has 3 deals on record (3 secondary share transfers); the latest was in June 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sri Matha Spinning Mills Private Limited has 28 court cases on record: 22 filed by Sri Matha Spinning Mills, 6 filed against it. 2 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 0 | 0 |
| District courts | 6 | 5 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruchirappalli, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Tiruppur, Tamil Nadu | Civil suit | Filed against the company by individuals | Pending |
| District court, Madurai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamilnadu, and 3 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State of Tamilnadu, and 3 others | Disposed |
To see the full case history of Sri Matha Spinning Mills Private 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 Matha Spinning Mills Private Limited was last rated by Icra on 24 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 24 Sep 2021 |
To see the full credit ratings and regulatory alerts of Sri Matha Spinning Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sri Matha Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sri Matha Spinning Mills Private Limited has a workforce of 1,271 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Sri Matha Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECS1881Q1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sri Matha Spinning Mills Private Limited, buy the company report.
Recent activity
Sri Matha Spinning Mills Private Limited has 12 board changes on record since 1998: 7 appointments and 5 cessations. The latest: Sennimalai Gounder Pallapalayam Veluswamy ceased to be Director on 21 Aug 2023.
58 earlier events are in the company report.
Frequently asked questions
Sri Matha Spinning Mills is an active private limited company based in Tiruppur, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 02 November 1998 (28+ years old) and is registered under CIN U17111TZ1998PTC008633.
Sri Matha Spinning Mills has 2 current directors:
- Shanmugasundaram Muthu Karthikeyan Sudhan - Managing Director
- Sudhan Kavitha - Whole-Time Director
The latest financial statements of Sri Matha Spinning Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sri Matha Spinning Mills is 33AAECS1881Q1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sri Matha Spinning Mills is U17111TZ1998PTC008633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Matha Spinning Mills has 28 court cases on record: 22 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Sri Matha Spinning Mills was incorporated on 02 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Coimbatore.
Sri Matha Spinning Mills has 3 deals on record (3 secondary share transfers); the latest was in June 2022.
The peers of Sri Matha Spinning Mills by revenue are Devika Fibres Pvt Ltd, WFB Baird and Company India Private Limited, Redeco Fibers Private Limited, Saanika Industries Private Limited, Benktesh Synth Processors Pvt Ltd and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sennimalai Gounder Pallapalayam Veluswamy ceased to be Director on 21 Aug 2023. Chennimalai Gounder Kandaswamy ceased to be Director on 10 Jun 2022. Kandaswamy Indira ceased to be Managing Director on 10 Jun 2022. Sri Matha Spinning Mills has 12 board changes on record in total.
The registered office of Sri Matha Spinning Mills is at 48 Kangeyam Road, Tirupur, Tiruppur, Tamil Nadu, India – 641604.
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