About Styleman Textiles Private Limited
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Styleman Textiles Private Limited is a private limited company based in Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 November 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1978PTC000885. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.8 Cr. It is led by directors Venkatachala Gounder Palanisamy (Managing Director) and Palanisamy Vidhyaprakash.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 169/10 Chinnakkaraiveerapandi Post Tirupur – 638 605., Tamil Nadu, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.71 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹11.65 Lakh and EBITDA of ₹45,600 (EBITDA margin 26.7%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹20.19 Cr and satisfied charges of ₹8.25 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stylemantextiles.com.
Company details
CIN history
Styleman Textiles has one previous CIN (Corporate Identification Number): U17111TZ1979PTC000885. The current CIN is U17111TZ1978PTC000885, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TZ1978PTC000885 | Current |
| U17111TZ1979PTC000885 | Previous |
Contact details
Styleman Textiles Private Limited's registered office is in Tamil Nadu. Its website is stylemantextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address169/10 Chinnakkaraiveerapandi Post Tirupur – 638 605., Tamil Nadu, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Styleman Textiles 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
Financials of Styleman Textiles Private Limited
FY 2021 filings availableStyleman Textiles Private Limited reported revenue of ₹1.71 Lakh (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 82% fall in the latest year. EBITDA fell 93% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.71 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45,600 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.65 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.7% | ||||
| Net Profit Margin | |||||
| 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 Styleman Textiles Private Limited, buy the company report.
Board of directors of Styleman Textiles Private Limited
Styleman Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Vidhyaprakash Also directs: Tirupur Infrastructure Development Company Limited | Director | 05 Jul 1993 | 33 Years 3 Months | Current |
| Venkatachala Gounder Palanisamy | Managing Director | 08 Nov 1978 | 47 Years 11 Months | Current |
Peer comparison
Styleman Textiles Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shiv Textorium Private Limited | ₹1.74 Lakh (FY 2024) | Panipat, Haryana, India | ||||
| Pratimak Essentials Private Limited | ₹1.73 Lakh (FY 2025) | Bhopal, Madhya Pradesh, India | ||||
| Shree Bhatiji Texturisers Private Limited | ₹1.73 Lakh (FY 2025) | -1.0% | Olpad, Gujarat, India | |||
| Sabina Impex Private Limited | ₹1.71 Lakh (FY 2019) | Ludhiana, Punjab, India | ||||
| Bhawna Synthetics Private Limited | ₹1.71 Lakh (FY 2024) | 17.0% | Chandigarh, India | |||
| Styleman Textiles Private Limitedthis company | ₹1.71 Lakh (FY 2021) | -₹11.65 Lakh | -82.0% | Tamil Nadu, India | ||
| Sleek Textiles Industries Limited | ₹1.71 Lakh (FY 2020) | 63.0% | Madurai, Tamil Nadu, India | |||
| M R Interlink Private Limited | ₹1.71 Lakh (FY 2025) | -95.0% | Kolkata, West Bengal, India | |||
| Sarweshwar Polymer Pvt Ltd | ₹1.7 Lakh (FY 2025) | 202.0% | Mumbai, Maharashtra, India | |||
| Shree Kailash Textiles Pvt Ltd | ₹1.7 Lakh (FY 2024) | 29.0% | Mumbai, Maharashtra, India | |||
| Skylee Textiles Private Limited | ₹1.7 Lakh (FY 2025) | Hyderabad, Telangana, India |
To see the full peer comparison of Styleman Textiles Private Limited, buy the company report.
Auditor
Styleman Textiles Private Limited is audited by VIJAYAN & ARUN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAYAN & ARUN | FY 2021 | 013838S |
Shareholding
The shareholding of Styleman Textiles Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Styleman Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2005 | 90005182 | State Bank of India | ₹20.19 Cr | Open | |
| 28 Oct 2002 | 90005137 | Indian Overseas Bank | ₹7.75 Cr | Satisfied | |
| 12 Aug 2002 | 90005133 | Indian Overseas Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Styleman Textiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Styleman Textiles Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M S DRHL India Services Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by DRHL India Service Pvt Ltd | Disposed |
To see the full case history of Styleman Textiles 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Styleman Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Styleman Textiles Private Limited has 1 active EPFO establishment as of Mar 21, 2024.
GST
Styleman Textiles has 2 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 Styleman Textiles Private Limited, buy the company report.
Recent activity
Styleman Textiles Private Limited has 3 board changes on record since 1978: 2 appointments and 1 cessation. The latest: Ganganaickenpalayam Palanisamy Karthikeyan ceased to be Director on 03 Jul 2009.
1 earlier event is in the company report.
Frequently asked questions
Styleman Textiles is an active private limited company based in Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 November 1978 (48+ years old) and is registered under CIN U17111TZ1978PTC000885.
Styleman Textiles has 2 current directors:
- Venkatachala Gounder Palanisamy - Managing Director
- Palanisamy Vidhyaprakash - Director
The latest financial statements of Styleman Textiles on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Styleman Textiles has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Styleman Textiles is U17111TZ1978PTC000885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Styleman Textiles has 2 court cases on record: 2 filed against it.
Styleman Textiles was incorporated on 08 November 1978, making it 48+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Styleman Textiles by revenue are Shiv Textorium Private Limited, Pratimak Essentials Private Limited, Shree Bhatiji Texturisers Private Limited, Sabina Impex Private Limited, Bhawna Synthetics Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Ganganaickenpalayam Palanisamy Karthikeyan ceased to be Director on 03 Jul 2009. Palanisamy Vidhyaprakash was appointed as Director on 05 Jul 1993. Venkatachala Gounder Palanisamy was appointed as Managing Director on 08 Nov 1978.
Styleman Textiles can be reached through the website stylemantextiles.com. Its registered office is in Tamil Nadu, India.
The registered office of Styleman Textiles is at 16910 Chinnakkaraiveerapandi Post Tirupur – 638 605., Tamil Nadu, India.