Stylcove Modulars Private Limited
About Stylcove Modulars Private Limited
Data last updated:
Stylcove Modulars Private Limited is a private limited company based in Erode, Tamil Nadu, India, a subsidiary of Pwds Extrusions Private Limited. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 02 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U36109TZ2021PTC035680. Its GSTIN is 33ABFCS5799H1ZU (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.8 Cr. It is led by directors including Kugalur Thangavelu Ilangovan and Prawin Sankar Shanmugam Janaki.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 124 Sampath Nagar Main Road, Erode, Tamil Nadu, India – 638011.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.85 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net loss of ₹24.41 Cr (net margin -42.9%) and EBITDA of -₹7.8 Cr (EBITDA margin -13.7%). Revenue has grown at a compounded annual rate (CAGR) of 276% over three years.
The company has about 536 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹283.27 Cr on record.
Company details
Contact details
Stylcove Modulars Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address124 Sampath Nagar Main Road, Erode, Tamil Nadu, India – 638011
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Stylcove Modulars 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 activities of Stylcove Modulars are trade and construction. In detail, this covers wholesale trading and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Stylcove Modulars Private Limited, buy the company report.
Financials of Stylcove Modulars Private Limited
FY 2025 filings availableStylcove Modulars Private Limited reported revenue of ₹56.85 Cr (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 276% over three years, including 77% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹56.85 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.41 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.7% | ||||
| Net Profit Margin | -42.9% | ||||
| 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 Stylcove Modulars Private Limited, buy the company report.
Board of directors of Stylcove Modulars Private Limited
Stylcove Modulars has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kugalur Thangavelu Ilangovan Also directs: PWDS Extrusions Private Limited, Viran Advisory LLP, Sai Palette Foods Private Limited and 4 more | Director | 02 Mar 2021 | 5 Years 8 Months | Current |
| Prawin Sankar Shanmugam Janaki | Director | 02 Mar 2021 | 5 Years 8 Months | Current |
| Sivabooshanam Eniyanshivam | Director | 02 Mar 2021 | 5 Years 8 Months | Current |
| Thangavelu Nandha Kumar Also directs: Jubilance Global Ventures Private Limited, Prominance Window Systems Private Limited, PWDS Extrusions Private Limited and 2 more | Director | 02 Mar 2021 | 5 Years 8 Months | Current |
Auditor
Stylcove Modulars Private Limited is audited by Karthikeyan & Jayaram for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Karthikeyan & Jayaram | FY 2024 | 007570S |
Shareholding
The shareholding of Stylcove Modulars Private Limited is on record for 4 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Stylcove Modulars Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2025 | 101142317 | Hdfc Bank Limited | ₹26.7 Lakh | Open | |
| 09 Jan 2025 | 101046196 | State Bank of India | ₹170 Cr | Open | |
| 09 Jan 2025 | 101052621 | Others | ₹80 Cr | Open | |
| 29 Nov 2022 | 100675999 | Hdfc Bank Limited | ₹33 Cr | Open |
To see the full charge records of Stylcove Modulars Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Stylcove Modulars Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Stylcove Modulars Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 112 overdue payments to 33 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 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Spectra Traders | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Hardware Fittings & Solutions |
To see the full MSME payment records of Stylcove Modulars Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Stylcove Modulars Private Limited has a workforce of 536 employees on its EPFO records as of Sep 25, 2025, across 2 active EPFO establishments.
GST
Stylcove Modulars has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABFCS5799H1ZU | Tamil Nadu | Active | 15 Apr 2021 |
| 29ABFCS5799H1ZJ | Karnataka | Active | 11 Sep 2025 |
| 36ABFCS5799H1ZO | Telangana | Active | 15 Sep 2025 |
To see the full GST registrations and return filing status of Stylcove Modulars Private Limited, buy the company report.
Recent activity
Stylcove Modulars Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Kugalur Thangavelu Ilangovan was appointed as Director on 02 Mar 2021.
1 earlier event is in the company report.
Frequently asked questions
Stylcove Modulars is an active private limited company based in Erode, Tamil Nadu, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 02 March 2021 (5+ years old) and is registered under CIN U36109TZ2021PTC035680.
Stylcove Modulars has 4 current directors:
- Kugalur Thangavelu Ilangovan - Director
- Prawin Sankar Shanmugam Janaki - Director
- Sivabooshanam Eniyanshivam - Director
- Thangavelu Nandha Kumar - Director
The latest financial statements of Stylcove Modulars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Stylcove Modulars is 33ABFCS5799H1ZU, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29ABFCS5799H1ZJ (Karnataka), 36ABFCS5799H1ZO (Telangana).
The CIN (Corporate Identification Number) of Stylcove Modulars is U36109TZ2021PTC035680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stylcove Modulars was incorporated on 02 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Coimbatore.
Kugalur Thangavelu Ilangovan was appointed as Director on 02 Mar 2021. Prawin Sankar Shanmugam Janaki was appointed as Director on 02 Mar 2021. Sivabooshanam Eniyanshivam was appointed as Director on 02 Mar 2021. Stylcove Modulars has 4 board changes on record in total.
Stylcove Modulars has 6 MSME Form 1 returns on record between 2022 and 2024, listing 112 overdue payments to 33 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Stylcove Modulars is at 124 Sampath Nagar Main Road, Erode, Tamil Nadu, India – 638011.
Stylcove Modulars operates in the consumer electronics and durables industry, in the furniture manufacturing segment.
Stylcove Modulars has open charges of ₹283.27 Cr and no satisfied charges on record as per latest MCA filings.
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