Startup India Government of India
Sumathi Garment Private Limited - information technology in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.07 Cr
▲ 532% YoY
Net profit · FY 2023
₹1.47 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹4.91 Lakh
EBITDA margin 2.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹21.8 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
25
Provident fund records
About Sumathi Garment Private Limited
Data last updated:
Sumathi Garment Private Limited is a private limited company based in Salem, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2019PTC033221. Its GSTIN is 33ABDCS1426P1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Janarthanam Nagasumathi (Managing Director) and Vassan Natraj Gokul Vasan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ts No 47/1B Padmavathi Tower Neimandi, Salem, Tamil Nadu, India – 636006.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.47 Lakh (net margin 0.7%) and EBITDA of ₹4.91 Lakh (EBITDA margin 2.4%).
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sumathi Garment. As per MCA filings, the company has open charges of ₹21.8 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
Sumathi Garment Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0002206). For more details, the company can be reached via its website sumathigarmentpvtltd.com.
Company Details of Sumathi Garment Private Limited
CIN U17299TZ2019PTC033221
Registration Number 033221
Incorporation Date 25 December 2019
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-20-0002206
Key People
Janarthanam Nagasumathi Managing Director Vassan Natraj Gokul Vasan Director Natraj Prabuvasaan Director Recognitions & Rankings of Sumathi Garment
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-20-0002206
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressTs No 47/1B Padmavathi Tower Neimandi, Salem, Tamil Nadu, India – 636006
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Sumathi Garment Private Limited
Sumathi Garment operates one associated brand: Sumathi Garment. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Garment manufacturing and services focusing on woven fabrics in India. | sumathigarmentpvtltd.com |
Business Activity of Sumathi Garment Private Limited
The main business activity of Sumathi Garment is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Sumathi Garment Private Limited FY 2023 filings available
Sumathi Garment Private Limited reported revenue of ₹2.07 Cr (up 532% YoY) for FY 2023.
Revenue · FY 2023
₹2.07 Cr ▲ 532%
Net profit · FY 2023
₹1.47 Lakh margin 0.7%
EBITDA · FY 2023
₹4.91 Lakh margin 2.4%
Compounded Annual Growth Rate (CAGR) of Sumathi Garment Private Limited
Revenue CAGR growth
1 year
▲ 532%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 198%
Revenue rose 532% in the latest year. EBITDA rose 90% 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 of Sumathi Garment Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| 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 | ₹4.91 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.47 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 of Sumathi Garment Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sumathi Garment are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Sumathi Garment Private Limited
Sumathi Garment has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vassan Natraj Gokul Vasan | Director | 25 Dec 2019 | 6 Years 9 Months | Current |
| Janarthanam Nagasumathi | Managing Director | 25 Dec 2019 | 6 Years 9 Months | Current |
| Natraj Prabuvasaan | Director | 20 Feb 2025 | 1 Years 8 Months | Current |
| Vassan Natraj | Director | 25 Dec 2019 | 6 Years 9 Months | Current |
Peer Comparison of Sumathi Garment Private Limited
Sumathi Garment Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Leather Products Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Nitai Clothings Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Jaipur, Rajasthan, India |
| Regalian Home Concepts Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Ulhasnagar, Maharashtra, India |
| R K Silk Mills India Limited | ₹2.07 Cr (FY 2018) | •••• | •••• | -56.0% | •••• | New Delhi, Delhi, India |
| Garg Knit Fab Private Limited | ₹2.07 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | New Delhi, Delhi, India |
| Sumathi Garment Private Limited this company | ₹2.07 Cr (FY 2023) | •••• | •••• | 532.0% | •••• | Salem, Tamil Nadu, India |
| D S Accessories and Footwear Private Limited | ₹2.07 Cr (FY 2024) | •••• | •••• | -43.0% | •••• | Uttar Pradesh, India |
| Lenin Global Services Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Invyte Exports Private Limited | ₹2.07 Cr (FY 2022) | •••• | •••• | 209.0% | •••• | Madurai, Tamil Nadu, India |
| Tensor Textiles Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Star Lasetech Private Limited | ₹2.07 Cr (FY 2019) | •••• | •••• | 626.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Sumathi Garment by revenue in the same principal business activity (Textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Sumathi Garment Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Sumathi Garment Private Limited
Open charges
₹21.8 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2021 | Tamilnad Mercantile Bank Limited | ₹4.8 Lakh | Open |
| 04 Sep 2020 | Tamilnad Mercantile Bank Limited | ₹17 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Sumathi Garment Private Limited
Sumathi Garment Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 01 Oct 2026.
Total cases
2
Filed against the company
2
Disposed
2
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 | Criminal complaint | Filed against the company by SME Intelect Growth Capital Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by SME Intelect Growth Capital Pvt Ltd | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Sumathi Garment Private Limited
Sumathi Garment Private Limited has a workforce of 25 employees as of Apr 04, 2024.
Employee count
25
Active EPFO establishments
1
Employee growth
-10.71%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Sumathi Garment Private Limited
Sumathi Garment Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Natraj Prabuvasaan was appointed as Director on 20 Feb 2025.
Appointed
Natraj Prabuvasaan was appointed as Director.
Ceased
Janarthanam Nagasumathi ceased to be Director.
Ceased
Natraj Prabuvasaan ceased to be Director.
AGM
Sumathi Garment Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Sumathi Garment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.80 Lakh with Charge ID 100518651 was registered on 29 Nov 2021.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 17.00 Lakh with Charge ID 100367846 was registered on 04 Sep 2020.
Appointed
Janarthanam Nagasumathi was appointed as Managing Director.
Appointed
Vassan Natraj was appointed as Director.
Appointed
Vassan Natraj Gokul Vasan was appointed as Director.
Incorporation
25 Dec 2019
Sumathi Garment Private Limited was registered on 25 Dec 2019 with Roc Coimbatore & aged 6 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Sumathi Garment Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Sumathi Garment Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Sumathi Garment Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Sumathi Garment Private Limited
Sumathi Garment has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABDCS1426P1Z7 | Tamil Nadu | Active | 15 Jun 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Sumathi Garment Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Sumathi Garment Private Limited
Sumathi Garment is an active private limited company based in Salem, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 December 2019 (7+ years old) and is registered under CIN U17299TZ2019PTC033221.
Sumathi Garment reported revenue of ₹2.07 Cr for FY 2023 (up 532% YoY).
Sumathi Garment has 4 current directors:
- Janarthanam Nagasumathi - Managing Director
- Vassan Natraj Gokul Vasan - Director
- Natraj Prabuvasaan - Director
- Vassan Natraj - Director
Sumathi Garment reported a net profit of ₹1.47 Lakh (net margin 0.7%) and EBITDA of ₹4.91 Lakh (EBITDA margin 2.4%) for FY 2023, as per its filed financial statements.
The GSTIN of Sumathi Garment is 33ABDCS1426P1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sumathi Garment is U17299TZ2019PTC033221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumathi Garment has 2 court cases on record: 2 filed against it.
Sumathi Garment was incorporated on 25 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sumathi Garment by revenue are Premier Leather Products Private Limited, Nitai Clothings Private Limited, Regalian Home Concepts Private Limited, R K Silk Mills India Limited, Garg Knit Fab Private Limited and 5 more, all in the same principal business activity (Textile, leather and other apparel products).
Natraj Prabuvasaan was appointed as Director on 20 Feb 2025. Janarthanam Nagasumathi ceased to be Director on 16 Dec 2024. Natraj Prabuvasaan ceased to be Director on 09 Dec 2024. Sumathi Garment has 6 board changes on record in total.
Yes, Sumathi Garment is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).