Point Textiles Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 01-07-2024
- Paid Up Capital ₹ 7.00 Cr
as on 01-07-2024
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.08 Cr
as on 01-07-2024
- Satisfied Charges ₹ 30.61 Cr
as on 01-07-2024
- Revenue 133.17%
(FY 2023)
- Profit -328.52%
(FY 2023)
- Ebitda -540.67%
(FY 2023)
- Net Worth -58.95%
(FY 2023)
- Total Assets 31.21%
(FY 2023)
About Point Textiles
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 7.00 Cr and a paid-up capital of Rs 7.00 Cr.
The company currently has active open charges totaling ₹37.08 Cr. The company has closed loans amounting to ₹30.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prithvi Krishnakumar, Krishnakumar Kaushikmurugan, Kunjammal, and Four other members serve as directors at the Company.
- CIN/LLPIN
U17111TZ2005PTC011530
- Company No.
011530
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jan 2005
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Perundurai, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Point Textiles?
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnakumar Kaushikmurugan  | Director | 27-Sep-2021 | Current |
| Prithvi Krishnakumar | Director | 27-Sep-2021 | Current |
| Kunjammal | Director | 27-Sep-2021 | Current |
| Krishnakumar Asha | Director | 27-Sep-2021 | Current |
| Shanmugamchettiar Krishnakumar | Director | 27-Sep-2021 | Current |
| Gopal Gopalakrishnan | Director | 27-Sep-2021 | Current |
Financial Performance and Corporate Structure Insights of Point Textiles.
Point Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 133.17% increase. The company also saw a substantial fall in profitability, with a 328.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Point Textiles?
In 2023, Point 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)
Sulochana Cotton Spinning Mills Private LimitedActive 34 years 11 monthsPrithvi Krishnakumar, Krishnakumar Kaushikmurugan and 5 more are mutual person
Sulochana Asset Reconstruction Private LimitedActive 8 years 2 monthsPrithvi Krishnakumar, Krishnakumar Kaushikmurugan and 2 more are mutual person
Sima Textile Processing Centre LimitedActive 19 years 20 daysShanmugamchettiar Krishnakumar is a mutual person
Evergreen Solar Systems India Private LimitedActive 15 years 3 monthsKrishnakumar Kaushikmurugan, Krishnakumar Asha and 2 more are mutual person
- Kaupri Enterprises Private LimitedActive 18 years 10 months
Krishnakumar Kaushikmurugan, Kunjammal and 2 more are mutual person
- Confederation Of Indian Textile IndustryActive 57 years 10 months
Shanmugamchettiar Krishnakumar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 09 Feb 2023 | ₹15.00 Cr | Open |
Indian Bank Creation Date: 07 Feb 2022 | ₹22.08 Cr | Open |
City Union Bank Limited Creation Date: 25 Feb 2016 | ₹3.37 Cr | Satisfied |
How Many Employees Work at Point Textiles?
Point Textiles has a workforce of 9 employees as of Apr 05, 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 Point 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 Point 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.
