Textile Plus India Limited

Textile Plus India Limited - manufacturing in Ganapathy, Tamil Nadu, India. Directors, charges & compliance details.
CIN U17299TZ2020PLC033735 Incorporated 01 May 2020 ROC Coimbatore HQ Ganapathy, Tamil Nadu, India
Active Public Limited Company manufacturing
Data last updated
Revenue · FY 2022
₹34.89 Cr
▲ 89% YoY
Net profit · FY 2022
₹5.03 Lakh
Net margin 0.1%
EBITDA · FY 2022
₹76.8 Lakh
EBITDA margin 2.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹98.67 Lakh
Issued & subscribed
Open charges
₹4.55 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings

About Textile Plus India Limited

Data last updated:

Textile Plus India Limited is a public limited company based in Ganapathy, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 May 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2020PLC033735. Its GSTIN is 33AAHCT8450H1Z7 (Tamil Nadu).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.67 Lakh. It is led by directors including Sathishkumar and Shanmugham Prithivraj.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sf No.88 No.18 Om Sakthi Nagar Police Quarters Road, Ganapathy, Tamil Nadu, India – 641006.

As per the financials filed for FY 2022, the company reported a revenue of ₹34.89 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹5.03 Lakh (net margin 0.1%) and EBITDA of ₹76.8 Lakh (EBITDA margin 2.2%).

As per MCA filings, the company has open charges of ₹4.55 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Textile Plus India Limited
CIN U17299TZ2020PLC033735
Registration Number 033735
Incorporation Date 01 May 2020
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Sf No.88 No.18 Om Sakthi Nagar Police Quarters Road, Ganapathy, Tamil Nadu, India – 641006
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Textile Plus India Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity of Textile Plus India Limited

The main business activity of Textile Plus India is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Financials of Textile Plus India Limited FY 2022 filings available

Textile Plus India Limited reported revenue of ₹34.89 Cr (up 89% YoY) for FY 2022.

Revenue · FY 2022
₹34.89 Cr ▲ 89%
Net profit · FY 2022
₹5.03 Lakh margin 0.1%
EBITDA · FY 2022
₹76.8 Lakh margin 2.2%

Compounded Annual Growth Rate (CAGR) of Textile Plus India Limited

Revenue CAGR growth
1 year
▲ 89%
EBITDA CAGR growth
1 year
▼ 8%

Revenue rose 89% in the latest year. EBITDA fell 8% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Textile Plus India Limited

MetricsFY 2021-22FY 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₹76.8 Lakh••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)₹5.03 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 Textile Plus India Limited

MetricsFY 2021-22FY 2020-21
Profitability
EBITDA Margin2.2%••••
Net Profit Margin0.1%••••
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 Textile Plus India are in the company report.

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Financial statements from FY 2021

Earlier years and trend charts are in the company report.

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Peer Comparison of Textile Plus India Limited

Textile Plus India 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
A R C Mills Private Limited₹34.98 Cr (FY 2024)••••••••-28.0%••••Coimbatore, Tamil Nadu, India
Lizento Textiles Private Limited₹34.98 Cr (FY 2025)••••••••••••Hapur, Uttar Pradesh, India
Dhilkrish Garments Private Limited₹34.96 Cr (FY 2024)••••••••357.0%••••Tiruppur, Tamil Nadu, India
Vipul Industries Private Limited₹34.93 Cr (FY 2025)••••••••-2.0%••••Surat, Gujarat, India
Sree Genga Mills Private Limited₹34.91 Cr (FY 2022)••••••••49.0%••••Sattur, Tamil Nadu, India
Textile Plus India Limited this company₹34.89 Cr (FY 2022)••••••••89.0%••••Ganapathy, Tamil Nadu, India
Janus Texfab Private Limited₹34.87 Cr (FY 2024)••••••••7.0%••••Jaipur, Rajasthan, India
Kiran Designers Private Limited₹34.86 Cr (FY 2025)••••••••10.0%••••Surat, Gujarat, India
Best Cheran Spintex India Private Limited₹34.83 Cr (FY 2016)••••••••-37.0%••••Erode, Tamil Nadu, India
Trishul Processors Private Limited₹34.83 Cr (FY 2025)••••••••-5.0%••••Bhiwandi, Maharashtra, India
Gajanand Ginning and Pressing Private Limited₹34.83 Cr (FY 2022)••••••••-23.0%••••Talaja, Gujarat, India

Peers are the five companies nearest above and the five nearest below Textile Plus India 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.

Board of Directors of Textile Plus India Limited

Textile Plus India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
SathishkumarDirector01 May 20206 Years 5 MonthsCurrent
Maran ShanmughamAdditional Director23 Jan 20233 Years 8 MonthsCurrent
Shanmugham PhilomenaAdditional Director23 Jan 20233 Years 8 MonthsCurrent
Shanmugham PrithivrajDirector01 May 20206 Years 5 MonthsCurrent

Charges & Borrowings of Textile Plus India Limited

Open charges
₹4.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Overseas Bank₹4.55 Cr
Latest charge details
DateLenderAmountStatus
26 Mar 2021Indian Overseas Bank₹4.55 CrOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Textile Plus India Limited

Employment history and EPFO contributions of people linked to Textile Plus India.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Textile Plus India Limited

Textile Plus India Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Govindoss Ramesh Babu Aishwarya Lakshmi ceased to be Director on 27 Jan 2023.

Ceased
Govindoss Ramesh Babu Aishwarya Lakshmi ceased to be Director.
Appointed
Maran Shanmugham was appointed as Additional Director.
Appointed
Shanmugham Philomena was appointed as Additional Director.
AGM
Textile Plus India Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Textile Plus India Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.
Charges
A charge with Indian Overseas Bank of Rs. 4.55 Cr registered on 26 Mar 2021 with Charge ID 100433916 was modified on 30 Jun 2021.
Charges
A charge with Indian Overseas Bank amounted to Rs. 4.55 Cr with Charge ID 100433916 was registered on 26 Mar 2021.
Ceased
Arokiasamy Arulsamy ceased to be Additional Director.
Ceased
Sathishkumar ceased to be Director.
Appointed
Sathishkumar was appointed as Director.
Appointed
Shanmugham Prithivraj was appointed as Director.
Incorporation
01 May 2020
Textile Plus India Limited was registered on 01 May 2020 with Roc Coimbatore & aged 6 years 5 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Textile Plus India Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Textile Plus India 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 Textile Plus India 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 Textile Plus India Limited

Textile Plus India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAHCT8450H1Z7Tamil NaduActive25 Jul 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 Textile Plus India Limited

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MCA filings and documents

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Frequently Asked Questions about Textile Plus India Limited

Textile Plus India is an active public limited company based in Ganapathy, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 May 2020 (6+ years old) and is registered under CIN U17299TZ2020PLC033735.

Textile Plus India reported revenue of ₹34.89 Cr for FY 2022 (up 89% YoY).

Textile Plus India has 4 current directors:

Textile Plus India reported a net profit of ₹5.03 Lakh (net margin 0.1%) and EBITDA of ₹76.8 Lakh (EBITDA margin 2.2%) for FY 2022, as per its filed financial statements.

The GSTIN of Textile Plus India is 33AAHCT8450H1Z7, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Textile Plus India is U17299TZ2020PLC033735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Textile Plus India has 4 court cases on record: 4 filed against it. 2 are pending.

Textile Plus India was incorporated on 01 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Textile Plus India by revenue are A R C Mills Private Limited, Lizento Textiles Private Limited, Dhilkrish Garments Private Limited, Vipul Industries Private Limited, Sree Genga Mills Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Govindoss Ramesh Babu Aishwarya Lakshmi ceased to be Director on 27 Jan 2023. Maran Shanmugham was appointed as Additional Director on 23 Jan 2023. Shanmugham Philomena was appointed as Additional Director on 23 Jan 2023. Textile Plus India has 7 board changes on record in total.

The registered office of Textile Plus India is at Sf No.88 No.18 Om Sakthi Nagar Police Quarters Road, Ganapathy, Tamil Nadu, India – 641006.

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