India's Richest People 2026 edition · 1 director · Source: Hurun India
- #813 TT Raghunathan ₹3,800 Cr
TTK Tantex Limited
TTK Tantex Limited - fashion and textile in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Active Public Limited Company fashion and textile
Revenue · FY 2025
₹1.22 Lakh
▼ 21% YoY
Net loss · FY 2025
₹2.69 Lakh
Net margin -220.2%
EBITDA · FY 2025
-₹40,860
EBITDA margin -33.5%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹9.18 Cr
Issued & subscribed
Open charges
₹44.99 Cr
Secured borrowings
Company age
45 yrs
Est. 1981
Directors on board
3
As per MCA filings
About TTK Tantex Limited
Data last updated:
TTK Tantex Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Packwell Packaging Products Limited. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 09 April 1981 and has been in existence for over 45 years.
Its director TT Raghunathan is #813 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17301TN1981PLC017630.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹9.18 Cr. It is led by directors including Bhanu Raghunathan (Managing Director) and Raghunathan Thiruvallur Thattai.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.6 Cathedral Road Madras – 86, Chennai, Tamil Nadu, India – 600086.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.22 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹2.69 Lakh (net margin -220.2%) and EBITDA of -₹40,860 (EBITDA margin -33.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has open charges of ₹44.99 Cr on record. Court records list 17 cases involving the company, including 13 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17301TN1981PLC017630
Registration Number 017630
Incorporation Date 09 April 1981
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Packwell Packaging Products Limited
Compliance Status Active Compliant
CIN history
TTK Tantex has one previous CIN (Corporate Identification Number): U17301TN1989PLC017630. The current CIN is U17301TN1981PLC017630, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17301TN1981PLC017630 | Current |
| U17301TN1989PLC017630 | Previous |
Key People
Bhanu Raghunathan Managing Director Raghunathan Thiruvallur Thattai Director Krishanswamy Balachandran Additional Director Recognitions & Rankings of TTK Tantex
Contact details
TTK Tantex Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.6 Cathedral Road Madras – 86, Chennai, Tamil Nadu, India – 600086
- IndustryFashion and Textile, Innerwear
To see the full contact details of TTK Tantex Limited, buy the company report.
Comprehensive company report
TTK Tantex Limited - one report that includes everything
- 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
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Financials of TTK Tantex Limited
FY 2025 filings availableTTK Tantex Limited reported revenue of ₹1.22 Lakh (down 21% YoY) for FY 2025.
Revenue · FY 2025
₹1.22 Lakh ▼ 21%
Net loss · FY 2025
₹2.69 Lakh margin -220.2%
EBITDA · FY 2025
-₹40,860 margin -33.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 327%
3 years · compounded
▼ 81%
5 years · compounded
▼ 31%
Revenue fell 21% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 327% 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
| 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 | -₹40,860 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.69 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.5% | ||||
| Net Profit Margin | -220.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of TTK Tantex Limited, buy the company report.
Board of directors of TTK Tantex Limited
TTK Tantex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunathan Thiruvallur Thattai Also directs: TTK Healthcare Limited, TTK Prestige Limited, TTK Property Services Private Limited and 1 more | Director | 24 Jun 1981 | 45 Years 3 Months | Current |
| Bhanu Raghunathan | Managing Director | 18 Dec 1993 | 32 Years 10 Months | Current |
| Krishanswamy Balachandran Also directs: Packwell Packaging Products Limited | Additional Director | 09 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
TTK Tantex Limited is compared with the 10 companies closest to it by revenue in the Apparel industry (Inner Wear), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Natwar Hosiery Industries Pvt Ltd | ₹2.18 Lakh (FY 2025) | -72.0% | Kolkata, West Bengal, India | |||
| Solomann Global Private Limited | ₹2 Lakh (FY 2019) | -68.0% | Alipur Road, Delhi, India | |||
| Amcros Hitex Private Limited | ₹1.99 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Shachii Floorings Private Limited | ₹1.93 Lakh (FY 2021) | -12.0% | New Delhi, Delhi, India | |||
| Lan Garments Private Limited | ₹1.57 Lakh (FY 2025) | Tirupur, Tamil Nadu, India | ||||
| TTK Tantex Limitedthis company | ₹1.22 Lakh (FY 2025) | -₹2.69 Lakh | -220.2% | -21.0% | Chennai, Tamil Nadu, India | |
| Glovish Healthcare Private Limited | ₹92,035 (FY 2019) | Lucknow, Uttar Pradesh, India | ||||
| Groversons International Limited | ₹80,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Oswal Apparels Private Limited | ₹57,540 (FY 2025) | -79.0% | Ludhiana, Punjab, India | |||
| Livmo Private Limited | ₹40,000 (FY 2024) | 3999900.0% | Vellore, Tamil Nadu, India | |||
| Trylo Industries Private Limited | ₹37,965 (FY 2025) | 17.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of TTK Tantex Limited, buy the company report.
Auditor
TTK Tantex Limited is audited by S VISWANATHAN LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S VISWANATHAN LLP | FY 2022 | 0047705/S200025 |
Shareholding
The shareholding of TTK Tantex Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of TTK Tantex Limited, buy the company report.
Charges & borrowings
Open charges
₹44.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 1997 | 90306450 | Bank of Baroda | ₹2 Cr | Open | |
| 12 Mar 1997 | 90308318 | India Equipment Leasing Ltd. | ₹4.97 Lakh | Open | |
| 12 Aug 1996 | 90305044 | State Bank of India | ₹13.5 Cr | Open | |
| 18 Mar 1996 | 90304997 | Bank of Baroda | ₹11.5 Cr | Open | |
| 11 Jul 1994 | 90304820 | Dhanalakshmi Bank Limited | ₹1 Cr | Open |
To see the full charge records of TTK Tantex Limited, buy the company report.
Total charge records: 24 View all charges
Legal cases
TTK Tantex Limited has 17 court cases on record: 13 filed by TTK Tantex, 4 filed against it. 2 cases are pending and 15 are disposed.
Total cases
17
Filed by the company
13
Filed against the company
4
Pending
2
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 3 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against individuals | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against individuals | Pending |
| High Court, TAMIL NADU | Execution petition | Filed by the company against M/S. Surans Traders and 3 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S. Surans Traders | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S. Surans Traders | Disposed |
To see the full case history of TTK Tantex Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for TTK Tantex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for TTK Tantex Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
TTK Tantex Limited has 5 board changes on record since 1981: 4 appointments and 1 cessation. The latest: Krishanswamy Balachandran was appointed as Additional Director on 09 Oct 2025.
Appointed
Krishanswamy Balachandran was appointed as Additional Director.
Ceased
Thiruvallur Thattai Jagannathan ceased to be Director.
AGM
Ttk Tantex Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Ttk Tantex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with The Vysya Bank Limited of Rs. 1.45 Cr registered on 03 Mar 1989 with Charge ID 90304356 was modified on 21 Jan 1999.
Charges
A charge with Bank Of Baroda amounted to Rs. 2.00 Cr with Charge ID 90306450 was registered on 29 May 1997.
Charges
A charge with India Equipment Leasing Ltd. amounted to Rs. 0.05 Cr with Charge ID 90308318 was registered on 12 Mar 1997.
Charges
A charge with State Bank Of India amounted to Rs. 13.50 Cr with Charge ID 90305044 was registered on 12 Aug 1996.
Charges
A charge with Bank Of Baroda amounted to Rs. 11.50 Cr with Charge ID 90304997 was registered on 18 Mar 1996.
Charges
A charge with State Bank Of India of Rs. 2.30 Cr registered on 01 Sep 1989 with Charge ID 90305915 was modified on 26 Apr 1995.
Charges
A charge with Dhanalakshmi Bank Limited amounted to Rs. 1.00 Cr with Charge ID 90304820 was registered on 11 Jul 1994.
Charges
A charge with The Vysya Bank Limited amounted to Rs. 5.00 Cr with Charge ID 90304818 was registered on 07 Jul 1994.
28 earlier events are in the company report.
Frequently asked questions
TTK Tantex is an active public limited company based in Chennai, Tamil Nadu, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 09 April 1981 (45+ years old) and is registered under CIN U17301TN1981PLC017630.
TTK Tantex has 3 current directors:
- Bhanu Raghunathan - Managing Director
- Raghunathan Thiruvallur Thattai - Director
- Krishanswamy Balachandran - Additional Director
The latest financial statements of TTK Tantex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of TTK Tantex is U17301TN1981PLC017630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TTK Tantex has 17 court cases on record: 13 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
TTK Tantex was incorporated on 09 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of TTK Tantex by revenue are Natwar Hosiery Industries Pvt Ltd, Solomann Global Private Limited, Amcros Hitex Private Limited, Shachii Floorings Private Limited, Lan Garments Private Limited and 5 more, all in the Apparel industry (Inner Wear).
Krishanswamy Balachandran was appointed as Additional Director on 09 Oct 2025. Thiruvallur Thattai Jagannathan ceased to be Director on 09 Oct 2025. Bhanu Raghunathan was appointed as Managing Director on 18 Dec 1993. TTK Tantex has 5 board changes on record in total.
The registered office of TTK Tantex is at No.6 Cathedral Road Madras – 86, Chennai, Tamil Nadu, India – 600086.
TTK Tantex operates in the fashion and textile industry, in the innerwear segment.
TTK Tantex has open charges of ₹44.99 Cr and no satisfied charges on record as per latest MCA filings.