Pallava Textiles Profile
Key Indicators
- Authorised Capital ₹ 55.30 Cr
- Paid Up Capital ₹ 23.16 Cr
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 866.90 Cr
- Satisfied Charges ₹ 579.37 Cr
- Revenue Growth 8.18%
- Profit Growth -65.93%
- Ebitda -43.75%
- Net Worth 11.09%
- Total Assets 8.70%
About Pallava Textiles
Pallava Textiles Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 1995 and has a history of 29 years and 11 months. Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as Pallava Textile Private 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 55.30 Cr and a paid-up capital of Rs 23.16 Cr.
The company currently has active open charges totaling ₹866.90 Cr. The company has closed loans amounting to ₹579.37 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pallava Textiles Private Limited India is Ramasamy Shanmugam as COMPANY SECRETARY. Sengodagounder Muthusamy, Muthusamy Devarajan, Govindampalyam Palanisamy, and Five other members serve as directors at the Company.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1995PTC005909
- Company No.
005909
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Mar 1995
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Pallava Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasamy Shanmugam  | Company Secretary | 02-May-2022 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sengodagounder Muthusamy | Director | 10-Mar-1995 | Current |
| Muthusamy Devarajan | Director | 10-Mar-1995 | Current |
| Govindampalyam Palanisamy | Director | 10-Mar-1995 | Current |
| Ravichandran Muralidharan | Director | 01-May-2022 | Current |
| Devaraj Naveenkumar | Director | 29-Aug-2012 | Current |
| Palanisamy Duraiswamy | Director | 10-Mar-1995 | Current |
Financial Performance of Pallava Textiles.
Pallava Textiles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.18% increase. The company also saw a substantial fall in profitability, with a 65.93% decrease in profit. The company's net worth Soared by an impressive increase of 11.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pallava Textiles?
In 2023, Pallava 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.
Related Corporates (Common Directorship)
- Gmp Weaving Mills Private Limited
Muthusamy Devarajan and Govindampalyam Palanisamy are mutual person
- Sbbp Finaancial Services Private Limited
Palanisamy Duraiswamy and Muthusamy Ravichandran are mutual person
- Confederation Of Indian Textile Industry
Palanisamy Duraiswamy is a mutual person
Charges (Loans)
₹866.90 Cr
₹579.37 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 490.00 Cr
- Axis Bank Limited : 169.50 Cr
- State Bank Of India : 157.40 Cr
- Citi Bank N.A. : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2024 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 12 Jun 2024 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 09 Oct 2023 | Axis Bank Limited | ₹30.00 Cr | Open |
| 26 Aug 2023 | Hdfc Bank Limited | ₹85.00 Cr | Open |
| 26 Aug 2023 | Hdfc Bank Limited | ₹30.00 Cr | Open |
How Many Employees Work at Pallava Textiles?
Pallava Textiles has a workforce of 1927 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pallava 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 Pallava Textiles's trajectory.
Rating
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
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.
