Srivari Cotton Private Limited

Srivari Cotton Private Limited - home & lifestyle in Kovilpatti, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17200TN2009PTC070544 Incorporated 23 January 2009 ROC Chennai HQ Kovilpatti, Tamil Nadu, India
Active Private Limited Company home and lifestyle MSME · Medium
Data last updated
Revenue · FY 2022
₹166.21 Cr
▲ 63% YoY
Net profit · FY 2022
₹49.48 Lakh
Net margin 0.3%
EBITDA · FY 2022
₹4.15 Cr
EBITDA margin 2.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹91 Lakh
Issued & subscribed
Open charges
₹40.69 Cr
Satisfied ₹22.26 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Srivari Cotton Private Limited

Data last updated:

Srivari Cotton Private Limited is a private limited company based in Kovilpatti, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 23 January 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17200TN2009PTC070544. Its GSTIN is 33AANCS8783Q1Z7 (Tamil Nadu). The company holds 6 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91 Lakh. It is led by directors Appasamy Sayiram and Santharam Appasamy.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 60/1 Chathiram East Street Kovilpatti, Tamil Nadu, India – 628501.

As per the financials filed for FY 2022, the company reported a revenue of ₹166.21 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹49.48 Lakh (net margin 0.3%) and EBITDA of ₹4.15 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 17% over five years.

As per MCA filings, the company has open charges of ₹40.69 Cr and satisfied charges of ₹22.26 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.

Srivari Cotton Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-26-0002256). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17200TN2009PTC070544
Registration Number 070544
Incorporation Date 23 January 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-26-0002256
Key People
Appasamy Sayiram Director Santharam Appasamy Director

Recognitions & Rankings of Srivari Cotton

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-TN-26-0002256

Contact details

Srivari Cotton Private Limited's registered office is in Kovilpatti, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    60/1 Chathiram East Street Kovilpatti, Tamil Nadu, India – 628501
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Srivari Cotton Private Limited, buy the company report.

Comprehensive company report
Srivari Cotton Private 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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Business activity

The main business activity of Srivari Cotton is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Srivari Cotton Private Limited, buy the company report.

Financials of Srivari Cotton Private Limited

FY 2022 filings available

Srivari Cotton Private Limited reported revenue of ₹166.21 Cr (up 63% YoY) for FY 2022.

Revenue · FY 2022
₹166.21 Cr ▲ 63%
Net profit · FY 2022
₹49.48 Lakh margin 0.3%
EBITDA · FY 2022
₹4.15 Cr margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 35%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 38%
5 years · compounded
▲ 22%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 63% growth in the latest year. EBITDA rose 40% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹4.15 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹49.48 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin2.5%
Net Profit Margin0.3%
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

To see the full financial statements and ratios of Srivari Cotton Private Limited, buy the company report.

Board of directors of Srivari Cotton Private Limited

Srivari Cotton has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Appasamy SayiramDirector23 Jan 200917 Years 9 MonthsCurrent
Santharam AppasamyDirector23 Jan 200917 Years 9 MonthsCurrent
View all directors

Auditor

Srivari Cotton Private Limited is audited by P SESHAN & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
P SESHAN & COFY 2021003724S

Shareholding

The shareholding of Srivari Cotton Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Srivari Cotton Private Limited, buy the company report.

Charges & borrowings

Open charges
₹40.69 Cr
Satisfied charges
₹22.26 Cr
Breakdown by lending institutions
Tamilnad Mercantile Bank Limited₹38.81 Cr
Axis Bank Limited₹1.88 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Dec 2022100661811Tamilnad Mercantile Bank Limited₹4 CrOpen
08 Mar 2022100555792Tamilnad Mercantile Bank Limited₹4 CrOpen
01 Dec 2021100539551Tamilnad Mercantile Bank Limited₹3.06 CrOpen
30 Apr 2021100453098Axis Bank Limited₹78.69 LakhOpen
26 Nov 2020100390437Axis Bank Limited₹79.73 LakhOpen

To see the full charge records of Srivari Cotton Private Limited, buy the company report.

Total charge records: 11 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Srivari Cotton Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Srivari Cotton has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
33AANCS8783Q1Z7Tamil NaduActive01 Jul 2017
24AANCS8783Q1Z6GujaratActive01 Jul 2017
27AANCS8783Q1Z0MaharashtraActive01 Jul 2017
36AANCS8783Q1Z1TelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Srivari Cotton Private Limited, buy the company report.

Recent activity

Srivari Cotton Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Appasamy Sayiram was appointed as Director on 23 Jan 2009.

Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100661811 was registered on 05 Dec 2022.
Charges
A charge registered on 11 May 2017 via Charge ID 100107311 with Axis Bank Limited was fully satisfied on 20 Oct 2022.
AGM
Srivari Cotton Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Srivari Cotton Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100555792 was registered on 08 Mar 2022.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 3.06 Cr with Charge ID 100539551 was registered on 01 Dec 2021.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 25.00 Cr registered on 31 Aug 2020 with Charge ID 100365724 was modified on 10 Aug 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.79 Cr with Charge ID 100453098 was registered on 30 Apr 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100390437 was registered on 26 Nov 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 2.75 Cr with Charge ID 100380968 was registered on 08 Oct 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100365724 was registered on 31 Aug 2020.
Charges
A charge registered on 23 Jun 2016 via Charge ID 100039391 with Axis Bank Limited was fully satisfied on 26 Aug 2020.

10 earlier events are in the company report.

Frequently asked questions

Srivari Cotton is an active private limited company based in Kovilpatti, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 23 January 2009 (17+ years old) and is registered under CIN U17200TN2009PTC070544.

Srivari Cotton has 2 current directors:

The latest financial statements of Srivari Cotton on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Srivari Cotton is 33AANCS8783Q1Z7, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 24AANCS8783Q1Z6 (Gujarat), 27AANCS8783Q1Z0 (Maharashtra), 36AANCS8783Q1Z1 (Telangana).

The CIN (Corporate Identification Number) of Srivari Cotton is U17200TN2009PTC070544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Srivari Cotton has 5 court cases on record: 5 filed against it. 2 are pending.

Srivari Cotton was incorporated on 23 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.

Appasamy Sayiram was appointed as Director on 23 Jan 2009. Santharam Appasamy was appointed as Director on 23 Jan 2009.

Yes, Srivari Cotton is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-26-0002256).

The registered office of Srivari Cotton is at 601 Chathiram East Street Kovilpatti, Tamil Nadu, India – 628501.