Pandian Textile Mills Private Limited

Textile company manufacturing cotton yarn and fabric, part of Chola Group, based in Coimbatore, India.

1990 | Coimbatore Dist, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Pandian Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 6.80 M
  • Company Age 35 Year, 22 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 88.70 Cr
  • Satisfied Charges ₹ 135.22 Cr
  • Revenue Growth -16.24%
  • Profit Growth -139.71%
  • Ebitda -111.45%
  • Net Worth -5.97%
  • Total Assets -2.58%

About Pandian Textile Mills

Pandian Textile Mills Private Limited (PTMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 January 1990 and has a history of 35 years. Its registered office is in Coimbatore Dist, Tamil Nadu.

The Corporate was formerly known as Pandian 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 2.50 Cr and a paid-up capital of Rs 6.80 M.

The company currently has active open charges totaling ₹88.70 Cr. The company has closed loans amounting to ₹135.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ammasaikutti and Dhanabakiyam serve as directors at the Company.

Company Details

  • Location
    Coimbatore Dist, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1990PTC007769

  • Company No.

    007769

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 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 Pandian Textile Mills?

Board Members (2)

Name Designation Appointment Date Status
Ammasaikutti Country flag representing In Director 10-Jan-1990 Current
Dhanabakiyam Country flag representing In Director 24-Mar-2020 Current

Financial Performance of Pandian Textile Mills.

Pandian Textile Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.24% decrease. The company also saw a substantial fall in profitability, with a 139.71% decrease in profit. The company's net worth dipped by a decrease of 5.97%.

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
-16.24%
Revenue from Operations
-17.01%
Total Assets
-2.58%
Profit or Loss
-139.71%
Net Worth
-5.97%
EBITDA
-111.45%

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

In 2023, Pandian Textile Mills had a promoter holding of 45.97% and a public holding of 54.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹88.70 Cr

Satisfied Charges

₹135.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.64 Cr
  • Axis Bank Limited : 34.06 Cr
  • Indusind Bank Limited : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Aug 2022 Others ₹16.00 Cr Open
16 Jun 2021 Axis Bank Limited ₹6.00 Cr Open
24 Mar 2020 Axis Bank Limited ₹28.06 Cr Open
06 Feb 2006 Indusind Bank Limited ₹4.00 Cr Open
27 Jun 1995 Others ₹34.64 Cr Open

How Many Employees Work at Pandian Textile Mills?

Unlock and access historical data on people associated with Pandian Textile Mills, 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 Pandian 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 Pandian 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 Pandian Textile Mills

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 28.06 Cr registered on 24 Mar 2020 with Charge ID 100335534 was modified on 19 Oct 2024.

    19 Oct 2024

  • Charges

    A charge registered on 25 Mar 2022 via Charge ID 100555430 with Axis Bank Limited was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Charges

    A charge registered on 16 Feb 2021 via Charge ID 100421236 with Axis Bank Limited was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Annual General Meeting

    Pandian Textile Mills 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 of Rs. 16.00 Cr registered on 22 Aug 2022 with Charge ID 100606851 was modified on 17 Apr 2023.

    17 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Pandian Textile Mills Private Limited was incorporated on 10 Jan 1990.

  • The authorized share capital of Pandian Textile Mills Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 6.80 M.

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

    • Ammasaikutti
    • Dhanabakiyam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pandian Textile Mills Private Limited is 21 Thillainagardharapuram Road Tirupur India, Coimbatore Dist, Tamil Nadu, 641608.

  • The corporate identification number (CIN) of Pandian Textile Mills Private Limited is U17111TZ1990PTC007769 and the company number is 007769 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pandian Textile Mills Private Limited has fallen by -16.24%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pandian Textile Mills Private Limited has experienced an downturn of -5.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pandian Textile Mills Private Limited amount to ₹ 88.70 Cr.

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

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