Viswabharathi Textiles Private Limited
About Viswabharathi Textiles Private Limited
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Viswabharathi Textiles Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 03 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1981PTC001102. Its GSTIN is 33AAACV7209B1ZT (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.92 Cr. It is led by directors Subramaniam Shenbegavalli (Managing Director) and Subramaniam Pallavi.
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 3/355(Old) New 4/144 Bharathi Nagar Veerapandi P O, Tirupur, Tamil Nadu, India – 641605.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.19 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹53.13 Lakh and EBITDA of -₹44.02 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 71% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹42.22 Cr on record. Court records list 34 cases involving the company, including 26 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Viswabharathi Textiles Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/355(Old) New 4/144 Bharathi Nagar Veerapandi P O, Tirupur, Tamil Nadu, India – 641605
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Viswabharathi Textiles Private 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
Business activity
The main business activity of Viswabharathi Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
Financials of Viswabharathi Textiles Private Limited
FY 2024 filings availableViswabharathi Textiles Private Limited reported revenue of ₹2.19 Lakh (down 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 67% fall in the latest year. EBITDA fell 51% 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 | -₹44.02 Lakh | ||||
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| Net Profit (PAT) | -₹53.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Viswabharathi Textiles Private Limited, buy the company report.
Board of directors of Viswabharathi Textiles Private Limited
Viswabharathi Textiles has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramaniam Shenbegavalli | Managing Director | 03 Sep 1981 | 45 Years 1 Months | Current |
| Subramaniam Pallavi Also directs: Viswabharathi Housing Private Limited | Director | 01 Apr 2001 | 25 Years 6 Months | Current |
Peer comparison
Viswabharathi Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear, Textiles), 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 |
|---|---|---|---|---|---|---|
| Viswabharathi Textiles Private Limitedthis company | ₹2.19 Lakh (FY 2024) | -₹53.13 Lakh | -67.0% | 1 | Tirupur, Tamil Nadu, India | |
| Atharv Textiles Private Limited | ₹2.18 Lakh (FY 2024) | -97.0% | New Delhi, Delhi, India | |||
| Oswal Exim Trade Ltd | ₹2.18 Lakh (FY 2021) | -70.0% | Punjab, India | |||
| Eglantine Collection Private Limited | ₹2.17 Lakh (FY 2018) | -28.0% | New Delhi, Delhi, India |
To see the full peer comparison of Viswabharathi Textiles Private Limited, buy the company report.
Auditor
Viswabharathi Textiles Private Limited is audited by THANDAPANI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THANDAPANI & CO | FY 2017 | 004356S |
Shareholding
The shareholding of Viswabharathi Textiles Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Viswabharathi Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2017 | 100142716 | Indian Bank | ₹39 Lakh | Satisfied | |
| 27 Dec 2016 | 100087169 | Indian Bank | ₹33 Lakh | Satisfied | |
| 20 Jun 2008 | 10106444 | Indian Bank | ₹7 Cr | Satisfied | |
| 18 Jun 2008 | 10107515 | Indian Bank | ₹5 Cr | Satisfied | |
| 29 May 2006 | 10021088 | Punjab National Bank | ₹29.5 Cr | Satisfied |
To see the full charge records of Viswabharathi Textiles Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Viswabharathi Textiles Private Limited has 34 court cases on record: 26 filed by Viswabharathi Textiles, 8 filed against it. 5 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 7 | 5 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WA(MD)) | Filed against the company by The Regional Provident Fund Commissioner II | Pending |
| High Court, TAMIL NADU | Civil miscellaneous application | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (WA(MD)) | Filed against the company by The Regional Provident Fund Commissioner M/S.K.Muralisankar | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Civil miscellaneous application | Filed against the company by The Regional Provident Fund Commissioner | Disposed |
To see the full case history of Viswabharathi Textiles 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Viswabharathi Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Viswabharathi Textiles Private Limited has a workforce of 1 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Viswabharathi Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV7209B1ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Viswabharathi Textiles Private Limited, buy the company report.
Recent activity
Viswabharathi Textiles Private Limited has 7 board changes on record since 1981: 2 appointments and 5 cessations. The latest: Sivanandham ceased to be Director on 06 Aug 2024.
41 earlier events are in the company report.
Frequently asked questions
Viswabharathi Textiles is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 03 September 1981 (45+ years old) and is registered under CIN U17111TZ1981PTC001102.
Viswabharathi Textiles has 2 current directors:
- Subramaniam Shenbegavalli - Managing Director
- Subramaniam Pallavi - Director
The latest financial statements of Viswabharathi Textiles 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 Viswabharathi Textiles is 33AAACV7209B1ZT, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Viswabharathi Textiles is U17111TZ1981PTC001102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viswabharathi Textiles has 34 court cases on record: 26 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Viswabharathi Textiles was incorporated on 03 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Viswabharathi Textiles by revenue are Atharv Textiles Private Limited, Oswal Exim Trade Ltd, Eglantine Collection Private Limited, all in the Apparel industry (Branded Wear, Textiles), with the same principal business activity (textile, leather and other apparel products).
Sivanandham ceased to be Director on 06 Aug 2024. Subramaniam Shenbegavalli ceased to be Whole-Time Director on 21 Aug 2020. Rayappan Subramaniam ceased to be Managing Director on 01 May 2020. Viswabharathi Textiles has 7 board changes on record in total.
The registered office of Viswabharathi Textiles is at 3355Old New 4144 Bharathi Nagar Veerapandi P O, Tirupur, Tamil Nadu, India – 641605.
Viswabharathi Textiles operates in the fashion and textile industry, in the designer and branded fashion segment.