MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-14-0006911
Velatal Industries Private Limited
Velatal Industries Private Limited - environment in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹71.09 Cr
▲ 15% YoY
Net profit · FY 2025
₹7.76 Cr
Net margin 10.9%
EBITDA · FY 2025
₹27.44 Cr
EBITDA margin 38.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.95 Cr
Issued & subscribed
Open charges
₹119.2 Cr
Satisfied ₹65.24 Cr
Company age
45 yrs
Est. 1981
Directors on board
4
As per MCA filings
About Velatal Industries Private Limited
Data last updated:
Velatal Industries Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 08 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1981PTC001053. Its GSTIN is 33AAACV6931C1ZO (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.95 Cr. It was formerly known as Velatal Spinning Mills Private Limited. It is led by directors including Palanisamy Selvaraj (Managing Director) and Hariprasath Selvaraj (Managing 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 115 Tiruchengode Road Pallipalayam, Erode, Tamil Nadu, India – 638006.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.09 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.76 Cr (net margin 10.9%) and EBITDA of ₹27.44 Cr (EBITDA margin 38.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over five years.
As per MCA filings, the company has open charges of ₹119.2 Cr and satisfied charges of ₹65.24 Cr on record. Court records list 82 cases involving the company, including 71 filed by the company and 11 filed against it; 8 cases are pending.
Velatal Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-14-0006911). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TZ1981PTC001053
Registration Number 001053
Incorporation Date 08 May 1981
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-14-0006911
Key People
Palanisamy Selvaraj Managing Director Hariprasath Selvaraj Managing Director Sudha Selvaraj Director Recognitions & Rankings of Velatal Industries
Contact details
Velatal Industries Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address115 Tiruchengode Road Pallipalayam, Erode, Tamil Nadu, India – 638006
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Velatal Industries Private Limited, buy the company report.
Comprehensive company report
Velatal Industries Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Velatal Industries are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers textile, leather and other apparel products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Velatal Industries Private Limited, buy the company report.
Financials of Velatal Industries Private Limited
FY 2025 filings availableVelatal Industries Private Limited reported revenue of ₹71.09 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹71.09 Cr ▲ 15%
Net profit · FY 2025
₹7.76 Cr margin 10.9%
EBITDA · FY 2025
₹27.44 Cr margin 38.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 3%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 15% growth in the latest year. EBITDA fell 10% 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 |
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| EBITDA | ₹27.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.76 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.6% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Velatal Industries Private Limited, buy the company report.
Board of directors of Velatal Industries Private Limited
Velatal Industries has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Selvaraj | Managing Director | 08 May 1981 | 45 Years 5 Months | Current |
| Sudha Selvaraj | Director | 30 Sep 1997 | 29 Years 0 Months | Current |
| Hariprasath Selvaraj | Managing Director | 12 Nov 2012 | 13 Years 11 Months | Current |
| Mirthulavarshini | Director | 26 Jun 2025 | 1 Years 3 Months | Current |
Peer comparison
Velatal Industries Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| AAA Textiles Private Limited | ₹71.19 Cr (FY 2025) | -6.0% | Coimbatore, Tamil Nadu, India | |||
| Gugan Knitwears Private Limited | ₹71.19 Cr (FY 2025) | 16.0% | Tirupur, Tamil Nadu, India | |||
| Velatal Industries Private Limitedthis company | ₹71.09 Cr (FY 2025) | ₹7.76 Cr | 10.9% | 15.0% | Erode, Tamil Nadu, India | |
| Pratapraisons Textiles Private Limited | ₹70.99 Cr (FY 2024) | 6.0% | Jaipur, Rajasthan, India | |||
| Mahavira Collections Private Limited | ₹70.95 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Velatal Industries Private Limited, buy the company report.
Auditor
Velatal Industries Private Limited is audited by T N RAMADOSS & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T N RAMADOSS & CO | FY 2023 | 007080S |
Shareholding
The shareholding of Velatal Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velatal Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹119.2 Cr
Satisfied charges
₹65.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2020 | 100324698 | Axis Bank Limited | ₹119.2 Cr | Open | |
| 05 Oct 1998 | 90000886 | Bank of India | ₹80 Lakh | Satisfied | |
| 06 Dec 1990 | 90000253 | Bank of India | ₹10 Lakh | Satisfied | |
| 24 Jan 1983 | 90000076 | Bank of India | ₹10 Lakh | Satisfied | |
| 21 Jan 1983 | 90000075 | Bank of India | ₹64.24 Cr | Satisfied |
To see the full charge records of Velatal Industries Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Velatal Industries Private Limited has 82 court cases on record: 71 filed by Velatal Industries, 11 filed against it. 8 cases are pending and 74 are disposed.
Total cases
82
Filed by the company
71
Filed against the company
11
Pending
8
Disposed
74
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 59 | 5 | 3 |
| High courts | 22 | 5 | 4 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| District court, Erode, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
To see the full case history of Velatal Industries Private 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.
Credit ratings & regulatory alerts
Velatal Industries Private Limited was last rated by Crisil on 11 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Dec 2019 |
To see the full credit ratings and regulatory alerts of Velatal Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velatal Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velatal Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV6931C1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velatal Industries Private Limited, buy the company report.
Recent activity
Velatal Industries Private Limited has 14 board changes on record since 1981: 9 appointments and 5 cessations. The latest: Mirthulavarshini was appointed as Director on 26 Jun 2025.
Charges
A charge with Axis Bank Limited of Rs. 119.20 Cr registered on 27 Jan 2020 with Charge ID 100324698 was modified on 28 Nov 2025.
AGM
Velatal Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Mirthulavarshini was appointed as Director.
Filing
Velatal Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Nallammal ceased to be Director.
Charges
A charge registered on 05 Oct 1998 via Charge ID 90000886 with Bank Of India was fully satisfied on 04 Mar 2020.
Charges
A charge registered on 06 Dec 1990 via Charge ID 90000253 with Bank Of India was fully satisfied on 04 Mar 2020.
Charges
A charge registered on 24 Jan 1983 via Charge ID 90000076 with Bank Of India was fully satisfied on 04 Mar 2020.
Charges
A charge registered on 21 Jan 1983 via Charge ID 90000075 with Bank Of India was fully satisfied on 04 Mar 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 119.20 Cr with Charge ID 100324698 was registered on 27 Jan 2020.
Charges
A charge with Bank Of India of Rs. 64.24 Cr registered on 21 Jan 1983 with Charge ID 90000075 was modified on 16 Aug 2017.
Appointed
Hariprasath Selvaraj was appointed as Managing Director.
19 earlier events are in the company report.
Frequently asked questions
Velatal Industries is an active private limited company based in Erode, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 08 May 1981 (45+ years old) and is registered under CIN U17111TZ1981PTC001053.
Velatal Industries has 4 current directors:
- Palanisamy Selvaraj - Managing Director
- Hariprasath Selvaraj - Managing Director
- Sudha Selvaraj - Director
- Mirthulavarshini - Director
The latest financial statements of Velatal Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Velatal Industries is 33AAACV6931C1ZO, registered in Tamil Nadu. 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 Velatal Industries is U17111TZ1981PTC001053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velatal Industries has 82 court cases on record: 71 filed by the company and 11 filed against it. 8 are pending. Most are in the district courts.
Velatal Industries was incorporated on 08 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Velatal Industries by revenue are AAA Textiles Private Limited, Gugan Knitwears Private Limited, Pratapraisons Textiles Private Limited, Mahavira Collections Private Limited, all in the Cleantech industry (Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products).
Mirthulavarshini was appointed as Director on 26 Jun 2025. Nallammal ceased to be Director on 24 Nov 2021. Hariprasath Selvaraj was appointed as Managing Director on 12 Nov 2012. Velatal Industries has 14 board changes on record in total.
Yes, Velatal Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-14-0006911).
The registered office of Velatal Industries is at 115 Tiruchengode Road Pallipalayam, Erode, Tamil Nadu, India – 638006.