Marutham Textiles Private Limited

Textile company manufacturing various yarns and fibers, established in 1990 in Coimbatore, Tamil Nadu.

1990 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Marutham Textiles Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.05 M
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.06 Cr
  • Satisfied Charges ₹ 3.51 Cr
  • Revenue Growth -30.96%
  • Profit Growth -17.52%
  • Ebitda -30.14%
  • Net Worth 9.66%
  • Total Assets -4.75%

About Marutham Textiles

Marutham Textiles Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 June 1990 and has a history of 34 years and eight 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 2023. It's a company limited by shares with an authorized capital of Rs 4.50 M and a paid-up capital of Rs 4.05 M.

The company currently has active open charges totaling ₹18.06 Cr. The company has closed loans amounting to ₹3.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Palanisamy Rajendran, Palanisamy Jayaprakash, and Palanisamy Kandasamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maruthamtextiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ1990PTC002756

  • Company No.

    002756

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Palanisamy Rajendran Country flag representing In Director 20-Jun-1990Current
Palanisamy Jayaprakash Country flag representing In Director 20-Jun-1990Current
Palanisamy Kandasamy Country flag representing In Director 20-Jun-1990Current

Financial Performance of Marutham Textiles.

Marutham Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.96% decrease. The company also saw a substantial fall in profitability, with a 17.52% decrease in profit. The company's net worth moved up by a moderate rise of 9.66%.

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
-30.96%
Revenue from Operations
-32.31%
Total Assets
-4.75%
Profit or Loss
-17.52%
Net Worth
9.66%
EBITDA
-30.14%

What is the Ownership and Shareholding Structure of Marutham Textiles?

In 2023, Marutham Textiles had a promoter holding of 50.72% and a public holding of 49.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹180.60 M

Satisfied Charges

₹35.09 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 10.26 Cr
  • Others : 7.80 Cr

Latest Charge Details

DateLenderAmountStatus
01 Sep 2023Others₹7.50 MOpen
13 Feb 2017Others₹7.05 CrOpen
09 Nov 2013City Union Bank Limited₹10.26 CrOpen
07 Sep 2006Canara Bank₹0.74 MSatisfied
12 Jul 1999Canara Bank₹3.44 CrSatisfied

How Many Employees Work at Marutham Textiles?

Unlock and access historical data on people associated with Marutham Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marutham 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 Marutham 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 Marutham Textiles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100770914 was registered on 01 Sep 2023.

    01 Sep 2023

  • Balance Sheet

    Marutham Textiles 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 City Union Bank Limited of Rs. 102.60 M registered on 09 Nov 2013 with Charge ID 10469390 was modified on 12 Aug 2020.

    12 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 70.50 M with Charge ID 100113637 was registered on 13 Feb 2017.

    13 Feb 2017

  • Charges

    A charge registered on 07 Sep 2006 via Charge ID 10021006 with Canara Bank was fully satisfied on 29 Nov 2013.

    29 Nov 2013

Frequently asked questions

  • Marutham Textiles Private Limited was incorporated on 20 Jun 1990.

  • The authorized share capital of Marutham Textiles Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.05 M.

  • Currently 3 directors are associated with Marutham Textiles Private Limited.

    • Palanisamy Rajendran
    • Palanisamy Jayaprakash
    • Palanisamy Kandasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Marutham Textiles Private Limited is D No 228 A Palani Roadudamalpet Coimbatore India, Tamilnadu, Tamil Nadu, 641026.

  • The corporate identification number (CIN) of Marutham Textiles Private Limited is U17115TZ1990PTC002756 and the company number is 002756 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Marutham Textiles Private Limited is https://www.maruthamtextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Marutham Textiles Private Limited has fallen by -30.96%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Marutham Textiles Private Limited has experienced an upsurge of 9.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Marutham Textiles Private Limited amount to ₹ 18.06 Cr.

  • The most recent Balance Sheet for Marutham Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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