About VSM Weavess India Private Limited
Data last updated:
VSM Weavess India Private Limited is a private limited company based in Namakkal, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2002PTC010398. Its GSTIN is 33AABCV7326C1ZO (Tamil Nadu). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.13 Cr. It was formerly known as V.S.P.Weaves Limited and V S M Weaves India Limited. It is led by directors including Palanisamy Duraiswamy (Whole-Time Director) and Muthusamy Ravichandran (Whole-Time 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 Namakkal, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,396.08 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹133.24 Cr (net margin 9.5%) and EBITDA of ₹266.17 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 2,093 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: VSM Weavess. As per MCA filings, the company has open charges of ₹250.3 Cr and satisfied charges of ₹98.72 Cr on record. Court records list 130 cases involving the company, including 123 filed by the company and 7 filed against it; 17 cases are pending. The company has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.42 Cr; the latest was in March 2023. Its 3 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles) are compared by revenue, 3 larger; the largest is Ganesha Ecosphere Limited with revenue of ₹1,483.48 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsmweaves.in.
Company details
Name history
VSM Weavess India has undergone 4 name changes throughout its history. The current legal name is Vsm Weavess India Private Limited.
| Company Name | Status |
|---|---|
| VSM Weavess India Private Limited | Current |
| V.S.P.Weaves Limited | Previous |
| V S M Weaves India Limited | Previous |
| V.S.P.Weaves Private Limited | Previous |
| V S M Weaves India Private Limited | Previous |
CIN history
VSM Weavess India has one previous CIN (Corporate Identification Number): U17111TZ2002PLC010398. The current CIN is U17111TZ2002PTC010398, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TZ2002PTC010398 | Current |
| U17111TZ2002PLC010398 | Previous |
Contact details
VSM Weavess India Private Limited's registered office is in Namakkal, Tamil Nadu. Its website is vsmweaves.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSf No 334 Sankari Main Road Kattur Elanthakuttai Village Tiruchengode Talu, K, Namakkal, Tamil Nadu, India – 638008
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of VSM Weavess India 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
Brands
VSM Weavess India operates one associated brand: VSM Weavess. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile weaving, fabric manufacturing, and sustainability practices in the industry. | vsmweaves.in |
Business activity
The main business activity of VSM Weavess India is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of VSM Weavess India Private Limited, buy the company report.
Financials of VSM Weavess India Private Limited
FY 2025 filings availableVSM Weavess India Private Limited reported revenue of ₹1,396.08 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 9% growth in the latest year. EBITDA rose 12% 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 | ₹1,396.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹266.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹133.24 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of VSM Weavess India Private Limited, buy the company report.
Board of directors of VSM Weavess India Private Limited
VSM Weavess India has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Duraiswamy Also directs: Pallava Textiles Private Limited, V S P Industries Private Limited, R. M. D.Weaving Mills Private Limited and 3 more | Whole-Time Director | 13 Dec 2002 | 23 Years 11 Months | Current |
| Sengoda Gounder Palanisamy Valliyappa Gounder Also directs: Pallava Textiles Private Limited, V S P Industries Private Limited, R. M. D.Weaving Mills Private Limited and 1 more | Director | 13 Dec 2002 | 23 Years 11 Months | Current |
| Muthusamy Rajammal | Director | 13 Dec 2002 | 23 Years 11 Months | Current |
| Ravichandran Muralidharan Also directs: Pallava Textiles Private Limited, V S P Industries Private Limited | Director | 29 Aug 2012 | 14 Years 2 Months | Current |
| Muthusamy Ravichandran Also directs: Pallava Textiles Private Limited, V S P Industries Private Limited, R. M. D.Weaving Mills Private Limited and 3 more | Whole-Time Director | 13 Dec 2002 | 23 Years 11 Months | Current |
| Sengodagounder Muthusamy | Director | 13 Dec 2002 | 23 Years 11 Months | Current |
Peer comparison
VSM Weavess India Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganesha Ecosphere Limited | ₹1,483.48 Cr (FY 2025) | 30.0% | Kanpur Dehat, Uttar Pradesh, India | |||
| Eveready Spinning Mills Private Limited | ₹1,443.25 Cr (FY 2024) | 9.0% | Coimbatore, Tamil Nadu, India | |||
| Eastman Exports Global Clothing Private Limited | ₹1,438.69 Cr (FY 2025) | 15.0% | Tirupur, Tamil Nadu, India | |||
| VSM Weavess India Private Limitedthis company | ₹1,396.08 Cr (FY 2025) | ₹133.24 Cr | 9.5% | 9.0% | 2,093 | Namakkal, Tamil Nadu, India |
To see the full peer comparison of VSM Weavess India Private Limited, buy the company report.
Auditor
VSM Weavess India Private Limited is audited by T.N.RAMADOSS & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.N.RAMADOSS & CO | FY 2025 | 007080S |
Shareholding
The shareholding of VSM Weavess India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VSM Weavess India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2023 | 100819958 | Hdfc Bank Limited | ₹120 Cr | Open | |
| 22 Oct 2021 | 100507353 | Axis Bank Limited | ₹55 Cr | Open | |
| 01 Mar 2004 | 90001576 | State Bank of India | ₹75.3 Cr | Open | |
| 18 Jan 2022 | 100531372 | Others | ₹60 Cr | Satisfied | |
| 27 Jan 2020 | 100324660 | Hdfc Bank Limited | ₹1.6 Cr | Satisfied |
To see the full charge records of VSM Weavess India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
VSM Weavess India Private Limited has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.42 Cr; the latest was in March 2023.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: Duraisamy Beneficiary Trust, Muralidharan Beneficiary Trust Seller: Funidea Vinimay Private Limited , SBBP Financial Private Limited, Vmvs Textiles Limited, an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Muralidharan Beneficiary Trust, Duraisamy Beneficiary Trust Seller: BLSB Financial Private Limited, SDRM Infotech Private Limited , SBBP Financial Private Limited |
| Feb 2013 | Funding round | ₹3.6 Cr | Investors: Skar Securities Pivate Limited, BLSB Financial Private Limited, SBBP Financial Private Limited |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Camr Infotech Private Limited , an individual Seller: CSSB Securities Private Limited , an individual |
| Oct 2011 | Funding round | ₹1.12 Cr | Investors: Camr Infotech Private Limited , CSSB Securities Private Limited , BLSB Financial Private Limited |
To see the full deal history of VSM Weavess India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
VSM Weavess India Private Limited has 130 court cases on record: 123 filed by VSM Weavess India, 7 filed against it. 17 cases are pending and 113 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 86 | 5 | 3 |
| District courts | 35 | 0 | 9 |
| NCLAT | 9 | 2 | 5 |
Cases on record (5 of 130)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Namakkal, Tamil Nadu | Criminal case | Filed by the company against M/S Parth Texpro Private Limited Rep by Its Director Anjali Vipul Goda and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Bank of Baroda | Disposed |
| District court, Namakkal, Tamil Nadu | Criminal case | Filed by the company against Mukesh Kumar Sinha Prop Mukku and Company | Pending |
| District court, Namakkal, Tamil Nadu | Criminal case | Filed by the company against M/S.Samrat Gems Impex Private Lted Rep by Its Director Rajiv Shyamlal Sharma | Pending |
| District court, Namakkal, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of VSM Weavess India 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
VSM Weavess India Private Limited was last rated by Crisil on 22 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Apr 2020 |
To see the full credit ratings and regulatory alerts of VSM Weavess India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VSM Weavess India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
VSM Weavess India has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| V S P Industries Private Limited | U17111TZ2005PTC011820 |
To see the full group structure of VSM Weavess India Private Limited, buy the company report.
Employees & EPFO
VSM Weavess India Private Limited has a workforce of 2,093 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2,093 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of VSM Weavess India Private Limited, buy the company report.
GST
VSM Weavess India has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV7326C1ZO | Tamil Nadu | Active | 01 Jul 2017 |
| 07AABCV7326C1ZJ | Delhi | Active | 27 Dec 2017 |
| 06AABCV7326C1ZL | Haryana | Active | 29 Jul 2019 |
| 33AABCV7326C2ZN | Tamil Nadu | Active | 01 Oct 2020 |
To see the full GST registrations and return filing status of VSM Weavess India Private Limited, buy the company report.
Recent activity
VSM Weavess India Private Limited has 10 board changes on record since 2002: 8 appointments and 2 cessations. The latest: Madhu Tyagi ceased to be Company Secretary on 01 Nov 2020.
17 earlier events are in the company report.
Frequently asked questions
VSM Weavess India is an active private limited company based in Namakkal, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 December 2002 (24+ years old) and is registered under CIN U17111TZ2002PTC010398.
VSM Weavess India has 6 current directors:
- Palanisamy Duraiswamy - Whole-Time Director
- Muthusamy Ravichandran - Whole-Time Director
- Sengoda Gounder Palanisamy Valliyappa Gounder - Director
- Muthusamy Rajammal - Director
- Ravichandran Muralidharan - Director
- Sengodagounder Muthusamy - Director
The latest financial statements of VSM Weavess India 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 VSM Weavess India is 33AABCV7326C1ZO, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AABCV7326C1ZJ (Delhi), 06AABCV7326C1ZL (Haryana), 33AABCV7326C2ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of VSM Weavess India is U17111TZ2002PTC010398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSM Weavess India has 130 court cases on record: 123 filed by the company and 7 filed against it. 17 are pending. Most are in the high courts.
VSM Weavess India was incorporated on 13 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Coimbatore.
VSM Weavess India has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.42 Cr; the latest was in March 2023.
The peers of VSM Weavess India by revenue are Ganesha Ecosphere Limited, Eveready Spinning Mills Private Limited, Eastman Exports Global Clothing Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles).
Madhu Tyagi ceased to be Company Secretary on 01 Nov 2020. Madhu Tyagi was appointed as Company Secretary on 01 Jul 2019. Palanisamy Palaniammal ceased to be Director on 02 Jan 2018. VSM Weavess India has 10 board changes on record in total.
VSM Weavess India can be reached through the website vsmweaves.in. Its registered office is in Namakkal, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
