Poovarasi Textile Mills Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
as on 09-12-2024
- Paid Up Capital ₹ 2.80 M
as on 09-12-2024
- Company Age 6 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.94 Cr
as on 09-12-2024
- Satisfied Charges ₹ 1.22 Cr
as on 09-12-2024
- Revenue 30.82%
(FY 2021)
- Profit 31.15%
(FY 2021)
- Ebitda 88.95%
(FY 2021)
- Net Worth 61.54%
(FY 2021)
- Total Assets 110.04%
(FY 2021)
About Poovarasi Textile Mills
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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.80 M.
The company currently has active open charges totaling ₹6.94 Cr. The company has closed loans amounting to ₹1.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kurupanaickampalayam Kathirvel, Kathirvel Prasad, Kadirvel Velumani, and One other member serve as directors at the Company.
- CIN/LLPIN
U17299TZ2018PTC029957
- Company No.
029957
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jan 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Poovarasi Textile Mills Private Limited offer?
Poovarasi Textile Mills Private Limited offers a wide range of products and services, including Sewing Threads, Laces & Accessories, Garment Tape, Footwear Laces, Insole & Accessories, Footwear Accessories, Adhesive & Pressure Sensitive Tapes, Stationery Tape, Industrial Tape, Woven Laces.
Who are the key members and board of directors at Poovarasi Textile Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kathirvel Prasad  | Managing Director | 29-Jan-2018 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kurupanaickampalayam Kathirvel | Director | 29-Jan-2018 | Current |
| Kadirvel Velumani | Whole-Time Director | 05-Nov-2020 | Current |
| Murugan Jayashree | Whole-Time Director | 05-Nov-2020 | Current |
Financial Performance of Poovarasi Textile Mills.
Poovarasi Textile Mills Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 30.82% increase. The company also saw a substantial improvement in profitability, with a 31.15% increase in profit. The company's net worth Soared by an impressive increase of 61.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Poovarasi Textile Mills?
In 2021, Poovarasi 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.
Related Corporates (Common Directorship)
Kuruppanaickenpalayam Ayyanar Chit Funds India Private LimitedActive 7 years 3 monthsKathirvel Prasad is a mutual person
- Kadayampatti Common Reject Management Systems Private LimitedActive 5 years 3 months
Kathirvel Prasad is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 03 Jan 2023 | ₹1.20 Cr | Open |
Hdfc Bank Limited Creation Date: 06 Sep 2022 | ₹5.74 Cr | Open |
The South Indian Bank Limited Creation Date: 03 Dec 2019 | ₹1.22 Cr | Satisfied |
How Many Employees Work at Poovarasi Textile Mills?
Poovarasi Textile Mills has a workforce of 5 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 Poovarasi 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 Poovarasi Textile Mills'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.
