About T.C. Terrytex Limited
Data last updated:
T.C. Terrytex Limited is a public limited company based in Lalru, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17220PB2005PLC028877. Its GSTIN is 03AACCT3244L1ZG (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹132.5 Cr and a paid-up capital of ₹129.32 Cr. It was formerly known as T.C. Terrytax Limited. It is led by directors including Akhil Satia (Managing Director) and Sunil Kaura (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 Village Sarsini Amb – Chd Highway Near Lalru Tehsil Derabassi, Punjab, India – 140501.
As per the financials filed for FY 2025, the company reported a revenue of ₹674.09 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹17 Cr (net margin 2.5%) and EBITDA of ₹59.65 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 1,474 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TC Terrytex. As per MCA filings, the company has open charges of ₹316.03 Cr and satisfied charges of ₹256.76 Cr on record. Court records list 29 cases involving the company, including 5 filed by the company and 23 filed against it; 7 cases are pending. The company has 22 deals on record (10 secondary share transfers, 9 funding rounds, 3 rights issues), with disclosed funding of ₹120.27 Cr; the latest was in November 2023. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Loyal Textile Mills Limited with revenue of ₹690.45 Cr. The company has 18 MSME Form 1 returns on record between 2016 and 2024, listing 198 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tctl.in.
CIN History of T.C. Terrytex Limited
T.C. Terrytex has one previous CIN (Corporate Identification Number): U17220PB2005PTC028877. The current CIN is U17220PB2005PLC028877, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17220PB2005PLC028877 | Current |
| U17220PB2005PTC028877 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressVillage Sarsini Amb – Chd Highway Near Lalru Tehsil Derabassi, Punjab, India – 140501
- IndustryManufacturing, Textile & Fabric Production
- 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
Associated Brands with T.C. Terrytex Limited
T.C. Terrytex operates one associated brand: TC Terrytex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of terry towels and related textile products in India. | tctl.in |
Business Activity of T.C. Terrytex Limited
The main business activity of T.C. Terrytex 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 T.C. Terrytex Limited FY 2025 filings available
T.C. Terrytex Limited reported revenue of ₹674.09 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of T.C. Terrytex Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 3% growth in the latest year. EBITDA rose 12% 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 T.C. Terrytex Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹59.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of T.C. Terrytex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 T.C. Terrytex are in the company report.
Financial statements from 2015
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.
Board of Directors and KMP of T.C. Terrytex Limited
T.C. Terrytex Limited currently reports 7 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Satia | Managing Director | 30 Aug 2005 | 21 Years 1 Months | Current |
| Sunil Kaura | Whole-Time Director | 06 Jun 2012 | 14 Years 4 Months | Current |
| Rajiv Chopra Also directs: Aay Ess Reality Private Limited | Cfo | 01 Aug 2014 | 12 Years 2 Months | Current |
| Jagjit Singh | Director | 05 Jun 2025 | 1 Years 4 Months | Current |
| Aishwaria Sethi | Director | 05 Jun 2025 | 1 Years 4 Months | Current |
| Sourabh Kansal | Director | 05 Jun 2025 | 1 Years 4 Months | Current |
Peer Comparison of T.C. Terrytex Limited
T.C. Terrytex Limited is compared with the companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Loyal Textile Mills Limited Listed | ₹690.45 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Kovilpatti, Tamil Nadu, India |
| Gurram Venkateshwarlu Textiles Private Limited | ₹687.45 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Khammam, Telangana, India |
| Unify Texturisers Private Limited | ₹685.95 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Superhouse Limited Listed | ₹677.15 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Uttar Prdesh, Uttar Pradesh, India |
| Sri Bhagirath Textiles Limited | ₹676.06 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Nagpur, Maharashtra, India |
| T.C. Terrytex Limited this company | ₹674.09 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Lalru, Punjab, India |
| Domtex India Private Limited | ₹669.31 Cr (FY 2024) | •••• | •••• | 7338.0% | •••• | Mumbai, Maharashtra, India |
| Orient Fashion Exports (India) Private Limited | ₹669.2 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| BSL Ltd Listed | ₹667.78 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bhilwara, Rajasthan, India |
| The Rajlakshmi Cotton Mills Private Limited | ₹666.67 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Salona Cotspin Limited Listed | ₹662.31 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Sathyamangalam, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below T.C. Terrytex by revenue in the Manufacturing industry (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 T.C. Terrytex Limited
T.C. Terrytex Limited is audited by J.MANDAL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.MANDAL & CO | 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.
Ownership and Shareholding of T.C. Terrytex 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 T.C. Terrytex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2025 | Others | ₹85 Lakh | Open |
| 09 Jun 2025 | Others | ₹25 Cr | Open |
| 28 Mar 2025 | Others | ₹13.92 Cr | Open |
| 06 Feb 2024 | Hdfc Bank Limited | ₹1.3 Cr | Open |
| 01 Feb 2024 | Others | ₹5 Lakh | Open |
Total charge records: 53 View all charges
Deals & Funding of T.C. Terrytex Limited
T.C. Terrytex Limited has 22 deals on record (10 secondary share transfers, 9 funding rounds, 3 rights issues), with disclosed funding of ₹120.27 Cr; the latest was in November 2023.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Ashis Living Private Limited Seller: an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Ashis Living Private Limited Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: Ashis Living Private Limited Seller: an individual |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Ashis Living Private Limited Seller: an individual |
| Nov 2009 | Funding round | ₹16.4 Cr | Investors: T C Leasing and Investment Private Limited , 2 individuals |
Full deal history
All 22 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of T.C. Terrytex Limited
T.C. Terrytex Limited has 29 court cases on record: 5 filed by T.C. Terrytex, 23 filed against it, 1 where it is another party. 7 cases are pending and 22 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 16 | 3 |
| High courts | 9 | 7 | 4 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Civil suit | Filed against the company by Om Logistics Limited | Pending |
| District court, SAS Nagar, Punjab | Execution petition | Filed against the company by Allwin Infrastructure Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Kiros Textiles Private Limited | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Kiros Textiles Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Kiros Textiles Private Limited | Disposed |
Full case history
All 29 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by T.C. Terrytex Limited
T.C. Terrytex Limited has 18 MSME Form 1 returns on record between 2016 and 2024, listing 198 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Jain Name Label Co | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 18 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at T.C. Terrytex Limited
T.C. Terrytex Limited has a workforce of 1,474 employees as of Aug 24, 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 T.C. Terrytex Limited
T.C. Terrytex Limited has 40 board changes on record since 2005: 24 appointments and 16 cessations. The latest: Aishwaria Sethi was appointed as Director on 05 Jun 2025.
120 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for T.C. Terrytex 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.
Subsidiaries & Group Companies of T.C. Terrytex 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 T.C. Terrytex Limited
T.C. Terrytex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCT3244L1ZG | Punjab | Active | 01 Jul 2017 |
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 T.C. Terrytex 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 T.C. Terrytex Limited
T.C. Terrytex is an active public limited company based in Lalru, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 August 2005 (21+ years old) and is registered under CIN U17220PB2005PLC028877.
T.C. Terrytex reported revenue of ₹674.09 Cr for FY 2025 (up 3% YoY).
T.C. Terrytex has 8 current directors and KMP:
- Akhil Satia - Managing Director
- Sunil Kaura - Whole-Time Director
- Parminder Singh Barnala - Whole-Time Director
- Jagjit Singh - Director
- Aishwaria Sethi - Director
- Sourabh Kansal - Director
- Tanuj Gaba - Director
- Rajiv Chopra - Cfo
T.C. Terrytex reported a net profit of ₹17 Cr (net margin 2.5%) and EBITDA of ₹59.65 Cr (EBITDA margin 8.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of T.C. Terrytex is 7% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of T.C. Terrytex is 03AACCT3244L1ZG, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of T.C. Terrytex is U17220PB2005PLC028877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
T.C. Terrytex has 29 court cases on record: 5 filed by the company and 23 filed against it. 7 are pending. Most are in the district courts.
T.C. Terrytex was incorporated on 30 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chandigarh.
T.C. Terrytex has 22 deals on record (10 secondary share transfers, 9 funding rounds, 3 rights issues), with disclosed funding of ₹120.27 Cr; the latest was in November 2023.
The peers of T.C. Terrytex by revenue are Loyal Textile Mills Limited, Gurram Venkateshwarlu Textiles Private Limited, Unify Texturisers Private Limited, Superhouse Limited, Sri Bhagirath Textiles Limited and 5 more, all in the Manufacturing industry (Textiles).
Aishwaria Sethi was appointed as Director on 05 Jun 2025. Jagjit Singh was appointed as Director on 05 Jun 2025. Sourabh Kansal was appointed as Director on 05 Jun 2025. T.C. Terrytex has 40 board changes on record in total.