Vishwanath Spinnerz India Limited
About Vishwanath Spinnerz India Limited
Data last updated:
Vishwanath Spinnerz India Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17120TG2000PLC033963. Its GSTIN is 36AABCE1368B1Z3 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45.5 Cr and a paid-up capital of ₹42.06 Cr. It is led by directors including Sridhar Reddy Kankanala (Managing Director) and Natarajan Chandrasekaran.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No. 1 – 98/6/79 Plot No.5 Jubilee Enclave Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.64 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Cr (net margin 48.1%) and EBITDA of ₹2.54 Cr (EBITDA margin 96.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85.73 Cr and satisfied charges of ₹167.87 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Vishwanath Spinnerz India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17120TG2000PLC033963, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120TG2000PLC033963 | Current |
| U17120AP2000PLC033963 | Previous |
| U72200AP2000PLC033963 | Previous |
Contact details
Vishwanath Spinnerz India Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH.No. 1 – 98/6/79 Plot No.5 Jubilee Enclave Madhapur, Hyderabad, Telangana, India – 500081
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vishwanath Spinnerz India Limited, buy the company report.
- 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
Financials of Vishwanath Spinnerz India Limited
FY 2024 filings availableVishwanath Spinnerz India Limited reported revenue of ₹2.64 Cr (down 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 434% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.27 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.3% | ||||
| Net Profit Margin | 48.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Vishwanath Spinnerz India Limited, buy the company report.
Board of directors of Vishwanath Spinnerz India Limited
Vishwanath Spinnerz India has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Danda Venkatreddy Also directs: Vasudeva Cotton Products Limited, Srinivvi Agrotech Limited | Additional Director | 01 Apr 2018 | 8 Years 7 Months | Current |
| Sridhar Reddy Kankanala Also directs: Vasudeva Cotton Products Limited, Kartikeya Texpro Private Limited | Managing Director | 22 Mar 2000 | 26 Years 7 Months | Current |
| Kankanala Niveditha Also directs: Kartikeya Texpro Private Limited | Additional Director | 01 Apr 2019 | 7 Years 7 Months | Current |
| Natarajan Chandrasekaran | Director | 03 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Vishwanath Spinnerz India Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanchan Cotex Private Limited | ₹2.65 Cr (FY 2024) | 206.0% | Shirpur, Maharashtra, India | |||
| Shivam Fabricaters Pvt Ltd | ₹2.65 Cr (FY 2018) | -21.0% | Surat, Gujarat, India | |||
| Sakku Spinning Mills Private Limited | ₹2.64 Cr (FY 2025) | -98.0% | Guntur, Andhra Pradesh, India | |||
| Kiah Sourcing Private Limited | ₹2.64 Cr (FY 2025) | Gurgaon, Haryana, India | ||||
| High Profile Garments Private Limited | ₹2.64 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Vishwanath Spinnerz India Limitedthis company | ₹2.64 Cr (FY 2024) | ₹1.27 Cr | 48.1% | -63.0% | 46 | Hyderabad, Telangana, India |
| PHPL Textiles Private Limited | ₹2.63 Cr (FY 2024) | -20.0% | New Delhi, Delhi, India | |||
| F Tconsumer Products India Private Limited | ₹2.63 Cr (FY 2025) | -44.0% | Kanayannur, Kerala, India | |||
| Purizon Industries Private Limited | ₹2.63 Cr (FY 2023) | 60.0% | Meerut, Uttar Pradesh, India | |||
| Goodwill Designcraft Private Limited | ₹2.63 Cr (FY 2025) | 16.0% | Jaipur, Rajasthan, India | |||
| Kashvi Designs Private Limited | ₹2.63 Cr (FY 2022) | 52.0% | Delhi, India |
To see the full peer comparison of Vishwanath Spinnerz India Limited, buy the company report.
Auditor
Vishwanath Spinnerz India Limited is audited by P SRINIVASAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P SRINIVASAN & CO | FY 2018 | 004055S |
Shareholding
The shareholding of Vishwanath Spinnerz India Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vishwanath Spinnerz India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2020 | 100442283 | Hdfc Bank Limited | ₹12.82 Lakh | Open | |
| 30 Jul 2015 | 10583687 | Sbicap Trustee Company Limited | ₹85.6 Cr | Open | |
| 03 Mar 2015 | 10559281 | Sbicap Trustee Company Limited | ₹77.82 Cr | Satisfied | |
| 19 Oct 2013 | 10459207 | State Bank of India | ₹20 Cr | Satisfied | |
| 10 Sep 2013 | 10457399 | State Bank of India | ₹12.5 Cr | Satisfied |
To see the full charge records of Vishwanath Spinnerz India Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Vishwanath Spinnerz India Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Warangal, Telangana | Civil suit | Filed against the company by Omshanthi Trading Company | Pending |
| District court, Warangal, Telangana | Civil suit | Filed against the company by Omshanthi Trading Company | Disposed |
| District court, Hanumakonda, Telangana | Civil suit | Filed against the company by Omshanthi Trading Company | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Vishwanath Spinnerz India 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 Vishwanath Spinnerz India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vishwanath Spinnerz India Limited has a workforce of 46 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Vishwanath Spinnerz India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCE1368B1Z3 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vishwanath Spinnerz India Limited, buy the company report.
Recent activity
Vishwanath Spinnerz India Limited has 16 board changes on record since 2000: 4 appointments and 12 cessations. The latest: Guvvala Naveen Reddy ceased to be Director on 30 Sep 2019.
18 earlier events are in the company report.
Frequently asked questions
Vishwanath Spinnerz India is an active public limited company based in Hyderabad, Telangana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 March 2000 (26+ years old) and is registered under CIN U17120TG2000PLC033963.
Vishwanath Spinnerz India has 4 current directors:
- Sridhar Reddy Kankanala - Managing Director
- Danda Venkatreddy - Additional Director
- Kankanala Niveditha - Additional Director
- Natarajan Chandrasekaran - Director
The latest financial statements of Vishwanath Spinnerz India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vishwanath Spinnerz India is 36AABCE1368B1Z3, registered in Telangana. 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 Vishwanath Spinnerz India is U17120TG2000PLC033963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishwanath Spinnerz India has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Vishwanath Spinnerz India was incorporated on 22 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vishwanath Spinnerz India by revenue are Kanchan Cotex Private Limited, Shivam Fabricaters Pvt Ltd, Sakku Spinning Mills Private Limited, Kiah Sourcing Private Limited, High Profile Garments Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Guvvala Naveen Reddy ceased to be Director on 30 Sep 2019. Karlapudi Suresh ceased to be Director on 30 Sep 2019. Kankanala Niveditha was appointed as Additional Director on 01 Apr 2019. Vishwanath Spinnerz India has 16 board changes on record in total.
The registered office of Vishwanath Spinnerz India is at H.No. 1 – 98679 Plot No.5 Jubilee Enclave Madhapur, Hyderabad, Telangana, India – 500081.
Vishwanath Spinnerz India operates in the manufacturing industry, in the textile and fabric production segment.
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