About Sweaters India Private Limited
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Sweaters India Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the winter and seasonal wear segment of the fashion and textiles sector. It was incorporated on 13 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18109TZ2021PTC037297. Its GSTIN is 33ABHCS0693N1ZW (Tamil Nadu).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Sureshbabu (Managing Director) and Suresh Babu Meenakshi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 114 Kunadhu Medu Chettichavadi Road Gorimedu, Salem, Tamil Nadu, India – 636008.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.02 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Cr (net margin 5.5%) and EBITDA of ₹6.18 Cr (EBITDA margin 11.9%).
The company has about 78 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.68 Cr on record.
For more details, the company can be reached via its website sweaters-india.com.
Company details
Contact details
Sweaters India Private Limited's registered office is in Salem, Tamil Nadu. Its website is sweaters-india.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address114 Kunadhu Medu Chettichavadi Road Gorimedu, Salem, Tamil Nadu, India – 636008
- IndustryFashion and Textile, Winter & Seasonal Wear
To see the full contact details of Sweaters India 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 activity of Sweaters India 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 Sweaters India Private Limited, buy the company report.
Financials of Sweaters India Private Limited
FY 2024 filings availableSweaters India Private Limited reported revenue of ₹52.02 Cr (up 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 45% in the latest year. EBITDA rose 139% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | |||
| EBITDA | ₹6.18 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.85 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11.9% | ||
| Net Profit Margin | 5.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Sweaters India Private Limited, buy the company report.
Board of directors of Sweaters India Private Limited
Sweaters India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Babu Meenakshi | Director | 13 Oct 2021 | 5 Years 0 Months | Current |
| Sureshbabu | Managing Director | 13 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Sweaters India Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Winter Wear), 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 |
|---|---|---|---|---|---|---|
| Neva Garments Limited | ₹99.95 Cr (FY 2025) | 3.0% | Punjab, India | |||
| Gus Clothing Private Limited | ₹97.58 Cr (FY 2025) | 37.0% | Tiruppur, Tamil Nadu, India | |||
| Sweaters India Private Limitedthis company | ₹52.02 Cr (FY 2024) | ₹2.85 Cr | 5.5% | 45.0% | 78 | Salem, Tamil Nadu, India |
| Hillman Hosiery Mills Private Limited | ₹40.38 Cr (FY 2024) | -10.0% | Kolkata, West Bengal, India | |||
| New Zeel Fashion Wear Private Limited | ₹35.43 Cr (FY 2024) | Thane, Maharashtra, India | ||||
| Kesh Knitwear Pvt.Ltd. | ₹26.59 Cr (FY 2025) | 12.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sweaters India Private Limited, buy the company report.
Auditor
Sweaters India Private Limited is audited by V.S.VENKAT PATI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.S.VENKAT PATI | FY 2023 | 026653 |
Shareholding
The shareholding of Sweaters India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sweaters India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2025 | 101193169 | Axis Bank Limited | ₹24.96 Lakh | Open | |
| 07 Jan 2025 | 101071688 | Axis Bank Limited | ₹40 Lakh | Open | |
| 12 Dec 2024 | 101024247 | Others | ₹87.13 Lakh | Open | |
| 04 Sep 2024 | 100992149 | Others | ₹4.39 Cr | Open | |
| 23 May 2024 | 100931719 | Others | ₹3.06 Cr | Open |
To see the full charge records of Sweaters India Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Sweaters India 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
No delayed payments to MSME suppliers are on our record for Sweaters India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sweaters India Private Limited has a workforce of 78 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
GST
Sweaters India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABHCS0693N1ZW | Tamil Nadu | Active | 12 Nov 2021 |
To see the full GST registrations and return filing status of Sweaters India Private Limited, buy the company report.
Recent activity
Sweaters India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Suresh Babu Meenakshi was appointed as Director on 13 Oct 2021.
Frequently asked questions
Sweaters India is an active private limited company based in Salem, Tamil Nadu, India. The company works in winter and seasonal wear, within the fashion and textile industry. It was incorporated on 13 October 2021 (5+ years old) and is registered under CIN U18109TZ2021PTC037297.
Sweaters India has 2 current directors:
- Sureshbabu - Managing Director
- Suresh Babu Meenakshi - Director
The latest financial statements of Sweaters India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Sweaters India is 33ABHCS0693N1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sweaters India is U18109TZ2021PTC037297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sweaters India was incorporated on 13 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sweaters India by revenue are Neva Garments Limited, Gus Clothing Private Limited, Hillman Hosiery Mills Private Limited, New Zeel Fashion Wear Private Limited, Kesh Knitwear Pvt.Ltd, all in the Apparel industry (Winter Wear), with the same principal business activity (textile, leather and other apparel products).
Suresh Babu Meenakshi was appointed as Director on 13 Oct 2021. Sureshbabu was appointed as Managing Director on 13 Oct 2021.
Sweaters India can be reached through the website sweaters-india.com. Its registered office is in Salem, Tamil Nadu, India.
The registered office of Sweaters India is at 114 Kunadhu Medu Chettichavadi Road Gorimedu, Salem, Tamil Nadu, India – 636008.
Sweaters India operates in the fashion and textile industry, in the winter and seasonal wear segment.
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