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About TKL Knits (India) Private Limited
Data last updated:
TKL Knits (India) Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Tkl International Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 February 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U18109KA2015FTC078913. Its GSTIN is 29AAFCT2591M1ZP (Karnataka). The company held 4 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹76.72 Cr. It was led by directors including Nagesh Krishna Badida Murali (Managing Director) and Sathisha.
Its last annual general meeting (AGM) was held on 27 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹126.7 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹12.07 Cr (net margin -9.5%) and EBITDA of -₹2.72 Cr (EBITDA margin -2.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company had about 1,146 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: CIEL Textile. As per MCA filings, the company had open charges of ₹75 Cr and satisfied charges of ₹48.51 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹53.04 Cr; the latest was in February 2024. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Shivam Textile Mills Private Limited with revenue of ₹126.82 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 110 overdue payments to 41 micro and small suppliers.
The last known website on record is tropicknits.mu.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOld No. 94 And 95 New No 113, Bull Temple Road Basavanagudi, Bangalore, Karnataka, India – 560004
- 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 TKL Knits (India) Private Limited
TKL Knits (India) operates one associated brand: CIEL Textile. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces woven shirts, fine knits, knitwear, and fabrics for global fashion brands. | cieltextile.com |
Business Activity of TKL Knits (India) Private Limited
The main business activity of TKL Knits (India) 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 TKL Knits (India) Private Limited FY 2025 filings available
TKL Knits (India) Private Limited reported revenue of ₹126.7 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of TKL Knits (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 78% 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 TKL Knits (India) Private 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 | -₹2.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.07 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 TKL Knits (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.5% | •••• | •••• | •••• | •••• |
| 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 TKL Knits (India) 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 of TKL Knits (India) Private Limited
TKL Knits (India) has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagesh Krishna Badida Murali | Managing Director | 11 Mar 2020 | 6 Years 7 Months | As last reported |
| Sathisha Also directs: Laguna India Private Limited, Aquarelle India Private Limited | Director | 17 Jun 2022 | 4 Years 4 Months | As last reported |
| Sandeep Ajabrao Raut | Director | 26 Sep 2023 | 3 Years 0 Months | As last reported |
Peer Comparison of TKL Knits (India) Private Limited
TKL Knits (India) Private 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 |
|---|---|---|---|---|---|---|
| Shivam Textile Mills Private Limited | ₹126.82 Cr (FY 2025) | •••• | •••• | 3819.0% | •••• | Ludhiana, Punjab, India |
| Welco Export Private Limited | ₹126.81 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Gurgaon, Haryana, India |
| Gima Manufacturing Private Limited | ₹126.77 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Wardha, Maharashtra, India |
| Aswath Weaving Private Limited | ₹126.76 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Coimbatore, Tamil Nadu, India |
| Manish Vinyls Private Limited | ₹126.76 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Sadar Bazar, Delhi, India |
| TKL Knits (India) Private Limited this company | ₹126.7 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Gogad Fabrics Private Limited | ₹126.26 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pali, Rajasthan, India |
| Shri Rohith Spinners Private Limited | ₹126.22 Cr (FY 2023) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Shree Swati Spintex Private Limited | ₹126.17 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Ajmer, Rajasthan, India |
| Etco Industries Private Limited | ₹126.15 Cr (FY 2025) | •••• | •••• | 724.0% | •••• | Mumbai, Maharashtra, India |
| Dwarkadas Shamkumar Textiles Pvt Ltd | ₹126.12 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below TKL Knits (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.
Auditor Details of TKL Knits (India) Private Limited
TKL Knits (India) Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | 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 TKL Knits (India) 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 TKL Knits (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2023 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
| 01 Mar 2023 | Hdfc Bank Limited | ₹2.5 Cr | Satisfied |
| 29 Sep 2022 | Hdfc Bank Limited | ₹36.5 Cr | Satisfied |
| 15 Sep 2022 | Hdfc Bank Limited | ₹21 Lakh | Satisfied |
| 22 Apr 2022 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.4 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of TKL Knits (India) Private Limited
TKL Knits (India) Private Limited has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹53.04 Cr; the latest was in February 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Rights issue | ₹24.9 Cr | Investors: Tkl International Limited |
| Aug 2022 | Rights issue | ₹32.66 Cr | Investors: Tkl International Limited |
| Sep 2019 | Funding round | ₹53.04 Cr | Investors: Tkl International Limited |
| Mar 2018 | Rights issue | ₹13 Cr | Investors: Tkl International Limited |
| Mar 2015 | Rights issue | ₹9.99 Cr | Investors: Tkl International Limited |
Full deal history
All 5 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 TKL Knits (India) Private Limited
TKL Knits (India) Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Court case (COS) | Filed against the company by an individual | Disposed |
| District court, Coimbatore, Tamil Nadu | Company petition | Filed against the company by an individual | Disposed |
| District court, Coimbatore, Tamil Nadu | Petition | Filed against the company by an individual | Disposed |
Full case history
All 3 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 TKL Knits (India) Private Limited
TKL Knits (India) Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 110 overdue payments to 41 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 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Thermochem Corporation Private Limited | •••• | •••• | •••• |
| Colormax Chem Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 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 TKL Knits (India) Private Limited
TKL Knits (India) Private Limited has a workforce of 1,146 employees as of Nov 26, 2025.
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 TKL Knits (India) Private Limited
TKL Knits (India) Private Limited has 13 board changes on record since 2016: 3 appointments and 10 cessations. The latest: Divyashree Hedge ceased to be Company Secretary on 01 Jun 2024.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for TKL Knits (India) 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.
Subsidiaries & Group Companies of TKL Knits (India) 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 TKL Knits (India) Private Limited
TKL Knits (India) has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT2591M1ZP | Karnataka | Active | 01 Jul 2017 |
| 33AAFCT2591M1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAFCT2591M3ZY | Tamil Nadu | Active | 01 Apr 2025 |
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 TKL Knits (India) 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 TKL Knits (India) Private Limited
TKL Knits (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
TKL Knits (India) was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 19 February 2015 and is registered under CIN U18109KA2015FTC078913. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
TKL Knits (India) was incorporated on 19 February 2015. It is registered with the Registrar of Companies, Bangalore.
TKL Knits (India) had 3 directors:
- Nagesh Krishna Badida Murali - Managing Director
- Sathisha - Director
- Sandeep Ajabrao Raut - Director
The CIN (Corporate Identification Number) of TKL Knits (India) is U18109KA2015FTC078913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of TKL Knits (India) is at Old No. 94 And 95 New No 113, Bull Temple Road Basavanagudi, Bangalore, Karnataka, India – 560004.
TKL Knits (India) can be reached through the website tropicknits.mu. Its registered office is in Bangalore, Karnataka, India.
TKL Knits (India) reported revenue of ₹126.7 Cr for FY 2025 (up 7% YoY).
TKL Knits (India) has an authorised share capital of ₹100 Cr and a paid-up capital of ₹76.72 Cr.
TKL Knits (India) reported a net loss of ₹12.07 Cr (net margin -9.5%) and EBITDA of -₹2.72 Cr (EBITDA margin -2.1%) for FY 2025, as per its filed financial statements.
The GSTIN of TKL Knits (India) is 29AAFCT2591M1ZP, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAFCT2591M1Z0 (Tamil Nadu), 33AAFCT2591M3ZY (Tamil Nadu).
TKL Knits (India) operated in the manufacturing industry, in the textile and fabric production segment.