Centwin Textile Mills Private Limited

Textile company producing polyester-cotton yarn, with manufacturing and windmill units in Tamil Nadu. Exports globally under 'Centwin' brand.

1988 | Erode, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Centwin Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.23 Cr
  • Satisfied Charges ₹ 94.93 Cr
  • Revenue Growth -27.39%
  • Profit Growth -133.79%
  • Ebitda -234.38%
  • Net Worth -3.26%
  • Total Assets 16.34%

About Centwin Textile Mills

Centwin Textile Mills Private Limited (CTMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 1988 and has a history of 36 years and 11 months. Its registered office is in Erode, Tamil Nadu, India.

The Corporate was formerly known as Centwin Textile Mills Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.50 Cr.

The company currently has active open charges totaling ₹19.23 Cr. The company has closed loans amounting to ₹94.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kumaraswamy Ponnuswamy and Chandra serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    centwintextiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ1988PTC002119

  • Company No.

    002119

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Centwin Textile Mills Private Limited offer?

Centwin Textile Mills Private Limited offers a wide range of products and services, including Cotton Yarn, Polyester Cotton Yarn.

Who are the key members and board of directors at Centwin Textile Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Kumaraswamy Ponnuswamy Country flag representing In Managing Director24-Feb-1988Current

Board Members (1)

NameDesignationAppointment DateStatus
Chandra Country flag representing In Director 10-Mar-2008Current

Financial Performance of Centwin Textile Mills.

Centwin Textile Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.39% decrease. The company also saw a substantial fall in profitability, with a 133.79% decrease in profit. The company's net worth dipped by a decrease of 3.26%.

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
-27.39%
Revenue from Operations
-29.79%
Total Assets
16.34%
Profit or Loss
-133.79%
Net Worth
-3.26%
EBITDA
-234.38%

What is the Ownership and Shareholding Structure of Centwin Textile Mills?

In 2023, Centwin Textile Mills 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

₹19.23 Cr

Satisfied Charges

₹94.93 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 19.23 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2018Hdfc Bank Limited₹19.23 CrOpen
16 Jun 2016Idbi Bank Limited₹15.00 CrSatisfied
25 Jan 2011Small Industries Development Bank Of India₹3.00 CrSatisfied
10 May 2003Punjab National Bank₹0.33 MSatisfied
27 Dec 1999Punjab National Bank₹3.00 MSatisfied

How Many Employees Work at Centwin Textile Mills?

Centwin Textile Mills has a workforce of 291 employees as of Mar 29, 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 Centwin Textile Mills, 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 Centwin Textile Mills'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 Centwin Textile Mills

Recent activity within the organization

  • Annual General Meeting

    Centwin Textile Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Centwin Textile Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 19.23 Cr registered on 26 Jun 2018 with Charge ID 100191689 was modified on 02 Jan 2023.

    02 Jan 2023

  • Charges

    A charge registered on 16 Jun 2016 via Charge ID 100035298 with Idbi Bank Limited was fully satisfied on 04 Aug 2018.

    04 Aug 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 19.23 Cr with Charge ID 100191689 was registered on 26 Jun 2018.

    26 Jun 2018

  • Charges

    A charge with Idbi Bank Limited of Rs. 15.00 Cr registered on 16 Jun 2016 with Charge ID 100035298 was modified on 07 Apr 2017.

    07 Apr 2017

Frequently asked questions

  • Centwin Textile Mills Private Limited was incorporated on 24 Feb 1988.

  • The authorized share capital of Centwin Textile Mills Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 2 directors are associated with Centwin Textile Mills Private Limited.

    • Kumaraswamy Ponnuswamy
    • Chandra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Centwin Textile Mills Private Limited is Sf No.100 Palladam Road Arulpuram, India, Tirupur, Tamil Nadu, 641607.

  • The corporate identification number (CIN) of Centwin Textile Mills Private Limited is U17115TZ1988PTC002119 and the company number is 002119 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Centwin Textile Mills Private Limited is https://www.centwintextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Centwin Textile Mills Private Limited has fallen by -27.39%.

  • As Per 2023 financial reports, 291 employees are currently employed by Centwin Textile Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Centwin Textile Mills Private Limited has experienced an downturn of -3.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Centwin Textile Mills Private Limited amount to ₹ 19.23 Cr.

  • The most recent Balance Sheet for Centwin Textile Mills Private Limited was filed with the ROC on 31 Mar 2023.

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