Psk Textiles India Private Limited

Textile company providing weaving services and trading fabrics and yarns, part of PSK Group.

2004 | Namakkal, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Psk Textiles India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.23 Cr
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.73 Cr
  • Satisfied Charges ₹ 19.40 Cr
  • Revenue Growth 74.36%
  • Profit Growth -98.32%
  • Ebitda -12.38%
  • Net Worth 0.64%
  • Total Assets -4.57%

About Psk Textiles India

Psk Textiles India Private Limited (PTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 2004 and has a history of 20 years and four months. Its registered office is in Namakkal, 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 5.00 Cr and a paid-up capital of Rs 4.23 Cr.

The company currently has active open charges totaling ₹49.73 Cr. The company has closed loans amounting to ₹19.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shekar and Parvathi Sundaramahalingam serve as directors at the Company.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2004PTC011318

  • Company No.

    011318

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 2004

  • 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 Psk Textiles India?

Executive Team (1)

NameDesignationAppointment DateStatus
Shekar Country flag representing In Managing Director03-Sep-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Parvathi Sundaramahalingam Country flag representing In Director 29-Jan-2015Current

Financial Performance of Psk Textiles India.

Psk Textiles India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.36% increase. The company also saw a substantial fall in profitability, with a 98.32% decrease in profit. The company's net worth moved up by a moderate rise of 0.64%.

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
74.36%
Revenue from Operations
75.66%
Total Assets
-4.57%
Profit or Loss
-98.32%
Net Worth
0.64%
EBITDA
-12.38%

What is the Ownership and Shareholding Structure of Psk Textiles India?

In 2023, Psk Textiles India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.73 Cr

Satisfied Charges

₹19.40 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 34.33 Cr
  • Others : 12.92 Cr
  • Corporation Bank : 2.48 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2020Indian Bank₹3.00 MOpen
22 Jun 2020Others₹1.35 CrOpen
13 Sep 2019Indian Bank₹34.03 CrOpen
26 Mar 2018Others₹9.50 MOpen
29 Jan 2016Corporation Bank₹2.48 CrOpen

How Many Employees Work at Psk Textiles India?

Psk Textiles India has a workforce of 37 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Psk Textiles India, 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 Psk Textiles India'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 Psk Textiles India

Recent activity within the organization

  • Annual General Meeting

    Psk Textiles India 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 registered on 17 Jun 2020 via Charge ID 100349251 with Canara Bank was fully satisfied on 04 May 2023.

    04 May 2023

  • Charges

    A charge registered on 28 Jul 2015 via Charge ID 10588090 with Syndicate Bank was fully satisfied on 04 May 2023.

    04 May 2023

  • Balance Sheet

    Psk Textiles India 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 Indian Bank of Rs. 34.03 Cr registered on 13 Sep 2019 with Charge ID 100303345 was modified on 11 Feb 2022.

    11 Feb 2022

  • Charges

    A charge with Indian Bank amounted to Rs. 0.30 Cr with Charge ID 100362381 was registered on 06 Aug 2020.

    06 Aug 2020

Frequently asked questions

  • Psk Textiles India Private Limited was incorporated on 03 Sep 2004.

  • The authorized share capital of Psk Textiles India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.23 Cr.

  • Currently 2 directors are associated with Psk Textiles India Private Limited.

    • Shekar
    • Parvathi Sundaramahalingam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Psk Textiles India Private Limited is Psk Towers 127Csalem Road India, Namakkal District, Tamil Nadu, 637001.

  • The corporate identification number (CIN) of Psk Textiles India Private Limited is U17111TZ2004PTC011318 and the company number is 011318 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Psk Textiles India Private Limited is https://www.psktextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Psk Textiles India Private Limited has risen by 74.36%.

  • As Per 2023 financial reports, 37 employees are currently employed by Psk Textiles India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Psk Textiles India Private Limited has experienced an upsurge of 0.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Psk Textiles India Private Limited amount to ₹ 49.73 Cr.

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

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