MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-28-0031292
Whitefields Knits Private Limited
Whitefields Knits Private Limited - manufacturing in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.37 Cr
▼ 51% YoY
Net profit · FY 2024
₹56.38 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹1.16 Cr
EBITDA margin 3.4%
Authorised capital
₹7.3 Cr
Registered with MCA
Paid-up capital
₹4.82 Cr
Issued & subscribed
Open charges
₹7.43 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Whitefields Knits Private Limited
Data last updated:
Whitefields Knits Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18100TZ2015PTC021413. Its GSTIN is 33AABCW6538R1ZO (Tamil Nadu).
The company has an authorised share capital of ₹7.3 Cr and a paid-up capital of ₹4.82 Cr. It was formerly known as Whitefields Knits Private Limited (Opc). It is led by directors Chinnaswamy Anandhakumar and Ugamoorthy Maheswaran.
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 No.1/2 Thennampalayam, Tirupur, Tamil Nadu, India – 641604.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.37 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹56.38 Lakh (net margin 1.6%) and EBITDA of ₹1.16 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.
As per MCA filings, the company has open charges of ₹7.43 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 7 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.76 Cr; the latest was in March 2019. Its 4 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 3 smaller; the largest is Midas Knits Private Limited with revenue of ₹34.44 Cr.
Whitefields Knits Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0031292). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18100TZ2015PTC021413
Registration Number 021413
Incorporation Date 22 May 2015
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-28-0031292
CIN history
Whitefields Knits has one previous CIN (Corporate Identification Number): U18100TZ2015OPC021413. The current CIN is U18100TZ2015PTC021413, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18100TZ2015PTC021413 | Current |
| U18100TZ2015OPC021413 | Previous |
Recognitions & Rankings of Whitefields Knits
Contact details
Whitefields Knits 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 AddressNo.1/2 Thennampalayam, Tirupur, Tamil Nadu, India – 641604
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Whitefields Knits Private Limited, buy the company report.
Comprehensive company report
Whitefields Knits 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
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Business activity
The main business activity of Whitefields Knits 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 |
To see the full business activity and turnover split of Whitefields Knits Private Limited, buy the company report.
Financials of Whitefields Knits Private Limited
FY 2024 filings availableWhitefields Knits Private Limited reported revenue of ₹34.37 Cr (down 51% YoY) for FY 2024.
Revenue · FY 2024
₹34.37 Cr ▼ 51%
Net profit · FY 2024
₹56.38 Lakh margin 1.6%
EBITDA · FY 2024
₹1.16 Cr margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 18%
5 years · compounded
▲ 57%
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 9% 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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| Total Expenses | |||||
| EBITDA | ₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.38 Lakh | ||||
| 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 | 3.4% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Whitefields Knits Private Limited, buy the company report.
Board of directors of Whitefields Knits Private Limited
Whitefields Knits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnaswamy Anandhakumar Also directs: Sumarg Warehouse LLP, Renaissance RTW Asia Private Limited, Revival Clotthing Tirupur Private Limited and 1 more | Director | 11 Jan 2019 | 7 Years 9 Months | Current |
| Ugamoorthy Maheswaran | Director | 24 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Whitefields Knits Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Midas Knits Private Limited | ₹34.44 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Whitefields Knits Private Limitedthis company | ₹34.37 Cr (FY 2024) | ₹56.38 Lakh | 1.6% | -51.0% | Tirupur, Tamil Nadu, India | |
| Expose Apparels Private Limited | ₹34.35 Cr (FY 2024) | 24.0% | New Delhi, Delhi, India | |||
| Nufab Technical Textiles Private Limited | ₹34.31 Cr (FY 2024) | -9.0% | Panchkula, Haryana, India | |||
| Sadhana Suitings Private Limited | ₹34.3 Cr (FY 2025) | 35.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Whitefields Knits Private Limited, buy the company report.
Auditor
Whitefields Knits Private Limited is audited by 020874S for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| 020874S | FY 2021 | JAI VINOTH AND CO |
Shareholding
The shareholding of Whitefields Knits 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 Whitefields Knits Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.43 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2019 | 100254227 | Bank of India | ₹7.43 Cr | Open |
To see the full charge records of Whitefields Knits Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Whitefields Knits Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.76 Cr; the latest was in March 2019.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹5.76 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2019 | Funding round | ₹5.76 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Whitefields Knits Private Limited has 9 court cases on record: 9 filed by Whitefields Knits. 7 cases are pending and 2 are disposed.
Total cases
9
Filed by the company
9
Pending
7
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 7 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against State Tax Officer (Intelligence) | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against State Tax Officer (Intelligence) | Pending |
| Madras High Court | Writ petition | Filed by the company against State Tax Officer (Intelligence) | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against State Tax Officer (Intelligence) | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State Tax Officer (Intelligence) and 1 other | Disposed |
To see the full case history of Whitefields Knits 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 Whitefields Knits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Whitefields Knits has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCW6538R1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Whitefields Knits Private Limited, buy the company report.
Recent activity
Whitefields Knits Private Limited has 10 board changes on record since 2015: 6 appointments and 4 cessations. The latest: Ugamoorthy Maheswaran was appointed as Director on 24 Apr 2022.
AGM
Whitefields Knits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Whitefields Knits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Appointed
Ugamoorthy Maheswaran was appointed as Director.
Ceased
Bhadhusha ceased to be Director.
Charges
A charge with Bank Of India of Rs. 7.43 Cr registered on 18 Feb 2019 with Charge ID 100254227 was modified on 05 Jan 2022.
Ceased
Kalpana Anand ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 7.43 Cr with Charge ID 100254227 was registered on 18 Feb 2019.
Appointed
Chinnaswamy Anandhakumar was appointed as Director.
Appointed
Bhadhusha was appointed as Director.
Ceased
Rajamanickam Manikandan ceased to be Additional Director.
Ceased
Raju Jeyamohan ceased to be Additional Director.
Appointed
Rajamanickam Manikandan was appointed as Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Whitefields Knits is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 May 2015 (11+ years old) and is registered under CIN U18100TZ2015PTC021413.
Whitefields Knits has 2 current directors:
- Chinnaswamy Anandhakumar - Director
- Ugamoorthy Maheswaran - Director
The latest financial statements of Whitefields Knits 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 FY 2016 are in the company report.
The GSTIN of Whitefields Knits is 33AABCW6538R1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Whitefields Knits is U18100TZ2015PTC021413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Whitefields Knits has 9 court cases on record: 9 filed by the company. 7 are pending.
Whitefields Knits was incorporated on 22 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
Whitefields Knits has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.76 Cr; the latest was in March 2019.
The peers of Whitefields Knits by revenue are Midas Knits Private Limited, Expose Apparels Private Limited, Nufab Technical Textiles Private Limited, Sadhana Suitings Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ugamoorthy Maheswaran was appointed as Director on 24 Apr 2022. Bhadhusha ceased to be Director on 14 Apr 2022. Kalpana Anand ceased to be Director on 14 Jun 2019. Whitefields Knits has 10 board changes on record in total.
Yes, Whitefields Knits is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0031292).