Akila Textiles Private Limited

Textile company specializing in manufacturing and selling cotton yarn and other fiber products.

1981 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Akila Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.10 M
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 7.50 M
  • Revenue Growth -11.68%
  • Profit Growth -54.67%
  • Ebitda -45.40%
  • Net Worth 14.90%
  • Total Assets -5.90%

About Akila Textiles

Akila Textiles Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 1981 and has a history of 43 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.10 M.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Dhandapani Gnanavadivel and Arumugam Umamaheswari serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1981PTC001018

  • Company No.

    001018

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1981

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Akila Textiles?

Executive Team (1)

Name Designation Appointment Date Status
Dhandapani Gnanavadivel Country flag representing In Managing Director 28-Feb-2017 Current

Board Members (1)

Name Designation Appointment Date Status
Arumugam Umamaheswari Country flag representing In Whole-Time Director 27-Mar-2017 Current

Financial Performance of Akila Textiles.

Akila Textiles Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.68% decrease. The company also saw a substantial fall in profitability, with a 54.67% decrease in profit. The company's net worth Soared by an impressive increase of 14.9%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-11.68%
Revenue from Operations
-11.23%
Total Assets
-5.90%
Profit or Loss
-54.67%
Net Worth
14.90%
EBITDA
-45.40%

What is the Ownership and Shareholding Structure of Akila Textiles?

In 2021, Akila Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹0.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
08 Jun 2017 Others ₹3.00 Cr Open
01 Feb 1995 The Karur Vysya Bank Limited ₹7.50 M Satisfied

How Many Employees Work at Akila Textiles?

Akila Textiles has a workforce of 33 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akila Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akila Textiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Akila Textiles

Recent activity within the organization

  • Annual General Meeting

    Akila Textiles Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Balance Sheet

    Akila Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 08 Jun 2017 with Charge ID 100106471 was modified on 12 Oct 2021.

    12 Oct 2021

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100106471 was registered on 08 Jun 2017.

    08 Jun 2017

  • Director Appointment

    Arumugam Umamaheswari was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Mar 2017 & has been associated with this company since 7 years 10 months .

    27 Mar 2017

  • Charges

    A charge registered on 01 Feb 1995 via Charge ID 90006013 with The Karur Vysya Bank Limited was fully satisfied on 24 Mar 2017.

    24 Mar 2017

Frequently asked questions

  • Akila Textiles Private Limited was incorporated on 25 Feb 1981.

  • The authorized share capital of Akila Textiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.10 M.

  • Currently 2 directors are associated with Akila Textiles Private Limited.

    • Dhandapani Gnanavadivel
    • Arumugam Umamaheswari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akila Textiles Private Limited is Pulankinaret Udamalpet India, Coimbatore Dist, Tamil Nadu, 642122.

  • The corporate identification number (CIN) of Akila Textiles Private Limited is U17111TZ1981PTC001018 and the company number is 001018 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Akila Textiles Private Limited has fallen by -11.68%.

  • As Per 2021 financial reports, 33 employees are currently employed by Akila Textiles Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Akila Textiles Private Limited has experienced an upsurge of 14.90%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Akila Textiles Private Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Akila Textiles Private Limited was filed with the ROC on 31 Mar 2024.

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