About Swift Textiles Private Limited
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Swift Textiles Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the kids wear segment of the fashion and textiles sector. It was incorporated on 18 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2020PTC033537. Its GSTIN is 33ABDCS4611E1ZT (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Palanisamy Gandhi (Whole-Time Director) and Velusamy Revathi (Whole-Time Director).
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 Sf No.200 Iris Gardens Ranganathapuram Sirupooluvapatti Main Road, Tirupur, Tamil Nadu, India – 641603.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.27 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 4.3%) and EBITDA of ₹1.94 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years.
The company has about 585 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SWIFT Merchandise. As per MCA filings, the company has open charges of ₹7.88 Cr on record.
For more details, the company can be reached via its website swiftmerchandise.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSf No.200 Iris Gardens Ranganathapuram Sirupooluvapatti Main Road, Tirupur, Tamil Nadu, India – 641603
- IndustryFashion and Textile, Kids Wear
- 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
- One PDF report, delivered after checkout
Business Activity of Swift Textiles Private Limited
The main business activity of Swift Textiles 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Swift Textiles Private Limited FY 2025 filings available
Swift Textiles Private Limited reported revenue of ₹24.27 Cr (up 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Swift Textiles Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 94% over three years, including 63% growth in the latest year. EBITDA rose 28% 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 Swift Textiles Private Limited
| Metrics | FY 2023-24 | 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 | ₹1.94 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.05 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Swift Textiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Swift Textiles are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Swift Textiles Private Limited
Swift Textiles Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prabhanjan Garments Private Limited | ₹24.29 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Haveri, Karnataka, India |
| VKNP Designs Private Limited | ₹24.29 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Gurgaon, Haryana, India |
| Merit Retail Private Limited | ₹24.29 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Karimnagar, Telangana, India |
| Radhamani India Ltd | ₹24.29 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| The Choice Fashions Private Limited | ₹24.28 Cr (FY 2024) | •••• | •••• | -60.0% | •••• | Jaipur, Rajasthan, India |
| Swift Textiles Private Limited this company | ₹24.27 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Tirupur, Tamil Nadu, India |
| JK Fabtex Industries Private Limited | ₹24.27 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Shreenidhi Apparel Private Limited | ₹24.26 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Tirupur, Tamil Nadu, India |
| Sri Vedha Mills Private Limited | ₹24.26 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Erode, Tamil Nadu, India |
| Varun Dyeing and Printing Mills Pvt Ltd | ₹24.25 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Sachin, Gujarat, India |
| SKN Textiles Private Limited | ₹24.23 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Swift Textiles by revenue in the Apparel industry (Apparel Retail and Distribution, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Swift Textiles Private Limited
Swift Textiles Private Limited is audited by K. MADHAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. MADHAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Swift Textiles Private Limited
Swift Textiles has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Gandhi | Whole-Time Director | 18 Feb 2020 | 6 Years 7 Months | Current |
| Velusamy Revathi Also directs: Swift Merchandise India Private Limited | Whole-Time Director | 18 Feb 2020 | 6 Years 7 Months | Current |
| Ridhan | Director | 16 Sep 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Swift Textiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Swift Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2025 | Sidbi | ₹1.94 Cr | Open |
| 04 Jun 2024 | Sidbi | ₹1.94 Cr | Open |
| 25 Nov 2021 | Sidbi | ₹58.26 Lakh | Open |
| 24 Nov 2021 | Sidbi | ₹1.25 Cr | Open |
| 18 Nov 2021 | The South Indian Bank Limited | ₹6.78 Lakh | Open |
Total charge records: 8 View all charges
Associated Brands with Swift Textiles Private Limited
Swift Textiles operates one associated brand: SWIFT Merchandise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Export of knitted fashion garments and textile services in India. | swiftmerchandise.com |
Employees and EPFO Compliance at Swift Textiles Private Limited
Swift Textiles Private Limited has a workforce of 585 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Swift Textiles Private Limited
Swift Textiles Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Ridhan ceased to be Additional Director on 29 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Swift Textiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Swift Textiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Swift Textiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Swift Textiles Private Limited
Swift Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABDCS4611E1ZT | Tamil Nadu | Active | 08 Jun 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Swift Textiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Swift Textiles Private Limited
Swift Textiles is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in kids wear, within the fashion and textile industry. It was incorporated on 18 February 2020 (6+ years old) and is registered under CIN U17299TZ2020PTC033537.
Swift Textiles reported revenue of ₹24.27 Cr for FY 2024 (up 63% YoY).
Swift Textiles has 3 current directors:
- Palanisamy Gandhi - Whole-Time Director
- Velusamy Revathi - Whole-Time Director
- Ridhan - Director
Swift Textiles reported a net profit of ₹1.05 Cr (net margin 4.3%) and EBITDA of ₹1.94 Cr (EBITDA margin 8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swift Textiles is 94% over three years. In the latest year (FY 2024) revenue rose 63%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Swift Textiles is 33ABDCS4611E1ZT, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Swift Textiles is U17299TZ2020PTC033537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swift Textiles was incorporated on 18 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Swift Textiles by revenue are Prabhanjan Garments Private Limited, VKNP Designs Private Limited, Merit Retail Private Limited, Radhamani India Ltd, The Choice Fashions Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution, Textiles).
Ridhan ceased to be Additional Director on 29 Sep 2024. Ridhan was appointed as Director on 16 Sep 2024. Palanisamy Gandhi ceased to be Director on 09 Apr 2024. Swift Textiles has 6 board changes on record in total.
Swift Textiles can be reached through the website swiftmerchandise.com. Its registered office is in Tirupur, Tamil Nadu, India.