Thatavarthi Apparels Private Limited - Due diligence report

A 360° intelligence report on Thatavarthi Apparels Private Limited: trust score, financial health, credit view, compliance, directors, growt…

1999-01-13 Vijayawada, Andhra Pradesh Active Unlisted Active Compliant
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Thatavarthi Apparels Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
84/100
Trust Score
Low Risk

Thatavarthi Apparels Private Limited is assessed as Low Risk with a Trust Score of 84/100. Thatavarthi Apparels Private Limited is an active private limited indian non-government company incorporated in 1999, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 26 Aug 2026 from the latest processed filings. Thatavarthi Apparels Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
84/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
74/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 40/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (BBB-).

Charges position: 2 open (71.37 cr) · 2 satisfied (94.52 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited1 48.0 cr
Canara Bank1 48.0 cr
State Bank Of India1 48.0 cr
Sidbi1 48.0 cr
Compliance Score: 74/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 2 court forum(s).
  • 2 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
CHANDRA SEKHARA RAO THATAVARTHI 01234567 Director 01/04/2018 6 yrs Approved
TABREZ ALAM 01234567 Director 01/04/2018 6 yrs Approved
RAMESHBABU THATAVARTHI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2025 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Seshasayee Knittings Pvt Ltd
Subsidiaries
-
Group entities
-
Capital events
9 allotment(s) · 2 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Seshasayee Knittings Pvt Ltd Holding Company 74.00%

Key managerial personnel: CHANDRA SEKHARA RAO THATAVARTHI (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 90
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Operating for 27+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
2 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence82/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment59/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 71.37 cr already registered.
  • Compliance record supports lending.
Investor view75/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
09 Feb 2024
Charge created
Sidbi - 4.43 cr
03 Nov 2023
Charge satisfied
Canara Bank
28 Jul 2023
Charge created
Hdfc Bank Limited - 66.94 cr
01 Dec 2022
Director appointed
TABREZ ALAM (Company Secretary)
14 Jul 2022
Charge satisfied
State Bank Of India
29 Jun 2022
Charge created
Canara Bank - 59.52 cr
20 Mar 2020
Securities allotted
535000 Equity Shares - 1.00 cr raised
27 Sep 2019
Director ceased
RAMA KRISHNA DASARI
Director ceased
PRASAD SIVA RAMA KRISHNA JAMMULA
Director ceased
SURYANARAYANA THATAVARTHI
26 Mar 2018
Director ceased
RAMESHBABU THATAVARTHI
31 Mar 2017
Share transfer (FY 2017)
75000.00000000 shares to Resorts PVT LTD
Share transfer (FY 2017)
75000.00000000 shares to AND RESEARCH CENTRE PVT LTD
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of BBB- from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 9 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Checkpoint Apparel Labeling Solutions India Private Limited U22219TN1997PTC047878 Kancheepuram District., Tamil Nadu, India
Pinaz Texfab Private Limited U17309GJ2018PTC100857 Ahmedabad, Gujarat, India
J R Synthetic Private Limited U17119GJ1983PTC006511 Surat, Gujarat, India
Madhur Knit Crafts Limited U17301PB1997PLC020381 Ludhiana, Punjab, India
Sunil Industries Limited L99999MH1976PLC019331 Thane, Maharashtra, India
Gajavelli Spinning Mills Private Limited U18100AP2006PTC050006 Guntur, Andhra Pradesh, India
Cheran Spinning Mills Private Limited U17111TZ1989PTC004015 Tirupur, Tamil Nadu, India
Gtnindustries L18101TG1962PLC054323 Medak, Telangana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Thatavarthi Apparels Private Limited before audits and certifications: compliance score 74/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Thatavarthi Apparels Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Thatavarthi Apparels Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 84/100, distress signals and MSME payment-delay disclosures - know whether Thatavarthi Apparels Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Thatavarthi Apparels Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Thatavarthi Apparels Private Limited an active company?

Thatavarthi Apparels Private Limited has MCA status “Active” with a compliance score of 74/100 (Moderate).

Is Thatavarthi Apparels Private Limited financially healthy?

Thatavarthi Apparels Private Limited has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Thatavarthi Apparels Private Limited?

Its overall Trust Score is 84/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Thatavarthi Apparels Private Limited?

The ultimate holding entity is Seshasayee Knittings Pvt Ltd. 3 active director(s) are on record.

Does Thatavarthi Apparels Private Limited have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 2 earlier charge(s) stand satisfied.

Is Thatavarthi Apparels Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 74/100 (Moderate).

Is it risky to lend to Thatavarthi Apparels Private Limited?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.