Thangavel Fabrics Private Limited

Textile company specializing in linen, viscose, and cotton fabric production since 2005.

2005 | Namakkal, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Thangavel Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.69 Cr
  • Satisfied Charges ₹ 71.63 Cr
  • Revenue Growth -41.56%
  • Profit Growth -59.57%
  • Ebitda -11.43%
  • Net Worth 2.39%
  • Total Assets -11.38%

About Thangavel Fabrics

Thangavel Fabrics Private Limited (TFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 2005 and has a history of 20 years and one month. Its registered office is in Namakkal, Tamil Nadu, India.

The Corporate was formerly known as Thangavelu Fabrics 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹23.69 Cr. The company has closed loans amounting to ₹71.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arumugagounder Thangavel, Thangavel Vijayaragavan, Jayachandran Thangavel, and One other member 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

    U17115TZ2005PTC011538

  • Company No.

    011538

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2005

  • Date of AGM

    29 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 Thangavel Fabrics?

Executive Team (2)

NameDesignationAppointment DateStatus
Arumugagounder Thangavel Country flag representing In Managing Director24-Jan-2005Current
Thangavel Vijayaragavan Country flag representing In Managing Director24-Jan-2005Current

Financial Performance of Thangavel Fabrics.

Thangavel Fabrics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.56% decrease. The company also saw a substantial fall in profitability, with a 59.57% decrease in profit. The company's net worth moved up by a moderate rise of 2.39%.

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
-41.56%
Revenue from Operations
-41.60%
Total Assets
-11.38%
Profit or Loss
-59.57%
Net Worth
2.39%
EBITDA
-11.43%

What is the Ownership and Shareholding Structure of Thangavel Fabrics?

In 2023, Thangavel Fabrics had a promoter holding of 93.33% and a public holding of 6.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.69 Cr

Satisfied Charges

₹71.63 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 23.67 Cr
  • Others : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2023Others₹0.19 MOpen
29 Mar 2023Canara Bank₹23.67 CrOpen
28 Feb 2022Others₹5.00 MSatisfied
10 Nov 2017Lakshmi Vilas Bank Limited₹3.46 CrSatisfied
12 Apr 2013Tamilnadu Industrial Investment Corporation Limited₹2.00 CrSatisfied

How Many Employees Work at Thangavel Fabrics?

Thangavel Fabrics has a workforce of 26 employees as of Apr 08, 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 Thangavel Fabrics, 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 Thangavel Fabrics'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 Thangavel Fabrics

Recent activity within the organization

  • Annual General Meeting

    Thangavel Fabrics Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Canara Bank of Rs. 23.67 Cr registered on 29 Mar 2023 with Charge ID 100724667 was modified on 12 May 2023.

    12 May 2023

  • Charges

    A charge registered on 28 Feb 2022 via Charge ID 100545018 with Others was fully satisfied on 09 May 2023.

    09 May 2023

  • Charges

    A charge registered on 10 Nov 2017 via Charge ID 100142000 with Lakshmi Vilas Bank Limited was fully satisfied on 28 Apr 2023.

    28 Apr 2023

  • Charges

    A charge registered on 30 Mar 2013 via Charge ID 10424999 with Lakshmi Vilas Bank Limited was fully satisfied on 28 Apr 2023.

    28 Apr 2023

  • Charges

    A charge registered on 30 Mar 2013 via Charge ID 10426521 with Dbs Bank Ltd was fully satisfied on 28 Apr 2023.

    28 Apr 2023

Frequently asked questions

  • What is the Incorporation or founding date of Thangavel Fabrics Private Limited?

    Thangavel Fabrics Private Limited was incorporated on 24 Jan 2005.

  • What is authorized share capital and paid-up capital of Thangavel Fabrics Private Limited?

    The authorized share capital of Thangavel Fabrics Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Who are the current board members & directors of Thangavel Fabrics Private Limited?

    Currently 4 directors are associated with Thangavel Fabrics Private Limited.

    • Arumugagounder Thangavel
    • Thangavel Vijayaragavan
    • Jayachandran Vediarasampalayam Thangavel
    • Thangavel Thangamani
  • What is the registered address of Thangavel Fabrics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Thangavel Fabrics Private Limited is Sf No. 278/3 Poolakkattur, Agraharam Post Pallipalayam India, Erode, Tamil Nadu, 638008.

  • What is the corporate identification number (CIN) and company number of Thangavel Fabrics Private Limited?

    The corporate identification number (CIN) of Thangavel Fabrics Private Limited is U17115TZ2005PTC011538 and the company number is 011538 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Thangavel Fabrics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Thangavel Fabrics Private Limited has fallen by -41.56%.

  • How many employees does Thangavel Fabrics Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Thangavel Fabrics Private Limited.

  • What change has been observed in the net worth of Thangavel Fabrics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Thangavel Fabrics Private Limited has experienced an upsurge of 2.39%.

  • What are the total open charges for Thangavel Fabrics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Thangavel Fabrics Private Limited amount to ₹ 23.69 Cr.

  • When was the last Balance Sheet of Thangavel Fabrics Private Limited filed with the ROC?

    The most recent Balance Sheet for Thangavel Fabrics Private Limited was filed with the ROC on 31 Mar 2023.