MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0019068
Swastik Filaments Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.67 Cr
▼ 5% YoY
Net loss · FY 2025
₹1.71 Cr
Net margin -8.3%
EBITDA · FY 2025
₹20.34 Lakh
EBITDA margin 1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.04 Cr
Issued & subscribed
Open charges
₹21.31 Cr
Satisfied ₹18.52 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
172
Provident fund records
About Swastik Filaments Private Limited
Data last updated:
Swastik Filaments Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17293TN1995PTC031976. Its GSTIN is 33AABCS0442C1Z4 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.04 Cr. It is led by directors including Ajay Narayan and Subbiah Chettiar Narayanan.
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 D – 1 Lotuscolony Chamiersroad Nandanam Chennai – 35. Nandanam Chennai – 35., Tamil Nadu, India – 600035.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.67 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Cr (net margin -8.3%) and EBITDA of ₹20.34 Lakh (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
The company has about 172 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.31 Cr and satisfied charges of ₹18.52 Cr on record. Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 2 cases are pending.
Swastik Filaments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0019068). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starfilaments.com.
Company details
CIN U17293TN1995PTC031976
Registration Number 031976
Incorporation Date 22 June 1995
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0019068
Recognitions & Rankings of Swastik Filaments
Contact details
Swastik Filaments Private Limited's registered office is in Chennai, Tamil Nadu. Its website is starfilaments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 1 Lotuscolony Chamiersroad Nandanam Chennai – 35. Nandanam Chennai – 35., Tamil Nadu, India – 600035
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Swastik Filaments Private Limited, buy the company report.
Comprehensive company report
Swastik Filaments 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 Swastik Filaments 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 Swastik Filaments Private Limited, buy the company report.
Financials of Swastik Filaments Private Limited
FY 2025 filings availableSwastik Filaments Private Limited reported revenue of ₹20.67 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹20.67 Cr ▼ 5%
Net loss · FY 2025
₹1.71 Cr margin -8.3%
EBITDA · FY 2025
₹20.34 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 8%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 58%
5 years · compounded
▼ 44%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 5% fall in the latest year. EBITDA fell 76% 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 | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | 1% | ||||
| Net Profit Margin | -8.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Swastik Filaments Private Limited, buy the company report.
Board of directors of Swastik Filaments Private Limited
Swastik Filaments has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Narayan | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Subbiah Chettiar Narayanan Also directs: Devakottai Consultants LLP | Director | 30 Sep 1998 | 28 Years 1 Months | Current |
| Heeralal | Director | 30 Sep 1997 | 29 Years 1 Months | Current |
Peer comparison
Swastik Filaments Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, 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 |
|---|---|---|---|---|---|---|
| Turquoise & Gold Apparels Private Limited | ₹20.7 Cr (FY 2018) | -62.0% | Bangalore, Karnataka, India | |||
| Aradhna Fabrics Private Limited | ₹20.68 Cr (FY 2022) | 70.0% | Ludhiana, Punjab, India | |||
| Kailash Trade Links Private Limited | ₹20.67 Cr (FY 2024) | -16.0% | Chennai, Tamil Nadu, India | |||
| Swastik Filaments Private Limitedthis company | ₹20.67 Cr (FY 2025) | -₹1.71 Cr | -8.3% | -5.0% | 172 | Chennai, Tamil Nadu, India |
| Padmini Syntex Private Limited | ₹20.66 Cr (FY 2025) | 22.0% | Bhilwara, Rajasthan, India | |||
| Aryavart Dyeing Private Limited | ₹20.66 Cr (FY 2024) | -7.0% | Delhi, India |
To see the full peer comparison of Swastik Filaments Private Limited, buy the company report.
Auditor
Swastik Filaments Private Limited is audited by KALYANASUNDARAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYANASUNDARAM & ASSOCIATES | FY 2023 | 005455S |
Shareholding
The shareholding of Swastik Filaments 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 Swastik Filaments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.31 Cr
Satisfied charges
₹18.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2023 | 100833491 | City Union Bank Limited | ₹60 Lakh | Open | |
| 30 Oct 2023 | 100820090 | City Union Bank Limited | ₹1 Lakh | Open | |
| 04 Mar 2019 | 100254356 | City Union Bank Limited | ₹20.7 Cr | Open | |
| 08 Oct 1997 | 90281490 | Sundaram Finance Services Ltd. | ₹30 Lakh | Satisfied | |
| 16 Jul 1997 | 90282942 | Indian Overseas Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Swastik Filaments Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Swastik Filaments Private Limited has 19 court cases on record: 9 filed by Swastik Filaments, 10 filed against it. 2 cases are pending and 17 are disposed.
Total cases
19
Filed by the company
9
Filed against the company
10
Pending
2
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 10 | 2 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed by the company against Sonmil Investments Pvt., Ltd., | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against Sonmil Investments (P) Ltd., | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Sri Narayanan Industrial Yarn Pvt Ltd | Pending |
| High Court, TAMIL NADU | Court case (OSA) | Filed against the company by Sri Narayanan Industrial Yarn Pvt Ltd | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Swastik Filaments 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 Swastik Filaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swastik Filaments Private Limited has a workforce of 172 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
Employee count
172
Active EPFO establishments
3
Employee growth
-4.44%
GST
Swastik Filaments has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCS0442C1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
| 34AABCS0442C1Z2 | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swastik Filaments Private Limited, buy the company report.
Recent activity
Swastik Filaments Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Ajay Narayan ceased to be Additional Director on 30 Sep 2019.
AGM
Swastik Filaments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swastik Filaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with City Union Bank Limited of Rs. 20.70 Cr registered on 04 Mar 2019 with Charge ID 100254356 was modified on 10 Apr 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100833491 was registered on 29 Nov 2023.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100820090 was registered on 30 Oct 2023.
Ceased
Ajay Narayan ceased to be Additional Director.
Charges
A charge registered on 03 Feb 1997 via Charge ID 90281469 with Indian Overseas Bank was fully satisfied on 08 Apr 2019.
Charges
A charge with City Union Bank Limited amounted to Rs. 20.70 Cr with Charge ID 100254356 was registered on 04 Mar 2019.
Appointed
Ajay Narayan was appointed as Director.
Ceased
Vellayan Narayanan ceased to be Director.
Charges
A charge with Indian Overseas Bank of Rs. 13.33 Cr registered on 03 Feb 1997 with Charge ID 90281469 was modified on 02 Apr 2018.
Charges
A charge registered on 16 Jul 1997 via Charge ID 90282942 with Indian Overseas Bank was fully satisfied on 14 Aug 2015.
14 earlier events are in the company report.
Frequently asked questions
Swastik Filaments is an active private limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 June 1995 (31+ years old) and is registered under CIN U17293TN1995PTC031976.
Swastik Filaments has 3 current directors:
- Ajay Narayan - Director
- Subbiah Chettiar Narayanan - Director
- Heeralal - Director
The latest financial statements of Swastik Filaments 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 2015 are in the company report.
The GSTIN of Swastik Filaments is 33AABCS0442C1Z4, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 34AABCS0442C1Z2 (Puducherry).
The CIN (Corporate Identification Number) of Swastik Filaments is U17293TN1995PTC031976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Filaments has 19 court cases on record: 9 filed by the company and 10 filed against it. 2 are pending.
Swastik Filaments was incorporated on 22 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Swastik Filaments by revenue are Turquoise & Gold Apparels Private Limited, Aradhna Fabrics Private Limited, Kailash Trade Links Private Limited, Padmini Syntex Private Limited, Aryavart Dyeing Private Limited, all in the Manufacturing industry (Plastic Based Products, Textiles), with the same principal business activity (textile, leather and other apparel products).
Ajay Narayan ceased to be Additional Director on 30 Sep 2019. Ajay Narayan was appointed as Director on 28 Nov 2018. Vellayan Narayanan ceased to be Director on 28 Nov 2018. Swastik Filaments has 6 board changes on record in total.
Yes, Swastik Filaments is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0019068).
Swastik Filaments can be reached through the website starfilaments.com. Its registered office is in Chennai, Tamil Nadu, India.
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