Manipal Springs Limited

Manipal Springs Limited - automotive in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29309KA1984PLC005964 Incorporated 22 March 1984 ROC Bangalore HQ Mangalore, Karnataka, India
Active Public Limited Company automotive MSME · Micro
Data last updated
Revenue · FY 2025
₹60.68 Lakh
▼ 5% YoY
Net profit · FY 2025
₹31.4 Lakh
Net margin 51.8%
EBITDA · FY 2025
₹31.68 Lakh
EBITDA margin 52.2%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.48 Cr
Issued & subscribed
Company age
42 yrs
Est. 1984
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered

About Manipal Springs Limited

Data last updated:

Manipal Springs Limited is a public limited company based in Mangalore, Karnataka, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 22 March 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA1984PLC005964. Its GSTIN is 29AADCM0973C1ZL (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.48 Cr. It was formerly known as Mangalore Steels & Alloys Private Limited and Mangalore Steels & Alloys Limited. It is led by directors including Jagadish Kudva and Subbarame Gowda.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 131 – A Industrial Area Baikampady, Mangalore, Karnataka, India – 575011.

As per the financials filed for FY 2025, the company reported a revenue of ₹60.68 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹31.4 Lakh (net margin 51.8%) and EBITDA of ₹31.68 Lakh (EBITDA margin 52.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.

Court records list 3 cases involving the company, including 3 filed by the company.

Manipal Springs Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0025626). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manipal.com.

Company details

CIN U29309KA1984PLC005964
Registration Number 005964
Incorporation Date 22 March 1984
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-11-0025626

Name history

Manipal Springs has undergone 2 name changes throughout its history. The company was previously known as Mangalore Steels & Alloys Private Limited, and Mangalore Steels & Alloys Limited. The current legal name is Manipal Springs Limited.

Company NameStatus
Manipal Springs LimitedCurrent
Mangalore Steels & Alloys Private LimitedPrevious
Mangalore Steels & Alloys LimitedPrevious

CIN history

Manipal Springs has one previous CIN (Corporate Identification Number): U85110KA1984PLC005964. The current CIN is U29309KA1984PLC005964, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29309KA1984PLC005964Current
U85110KA1984PLC005964Previous
Key People
Jagadish Kudva Director Subbarame Gowda Director Katpady Madhava Kini Director

Recognitions & Rankings of Manipal Springs

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-11-0025626

Contact details

Manipal Springs Limited's registered office is in Mangalore, Karnataka. Its website is manipal.com. Its e-mail address is in the company report.

  • Email
  • Website
    manipal.com
  • Registered Address
    131 – A Industrial Area Baikampady, Mangalore, Karnataka, India – 575011
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Manipal Springs Limited, buy the company report.

Comprehensive company report
Manipal Springs Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Business activity

The main business activity of Manipal Springs is manufacturing. In detail, this covers manufacture of basic metals.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing24Manufacture of basic metals

To see the full business activity and turnover split of Manipal Springs Limited, buy the company report.

Financials of Manipal Springs Limited

FY 2025 filings available

Manipal Springs Limited reported revenue of ₹60.68 Lakh (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹60.68 Lakh ▼ 5%
Net profit · FY 2025
₹31.4 Lakh margin 51.8%
EBITDA · FY 2025
₹31.68 Lakh margin 52.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 8%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 6%
5 years · compounded
▲ 12%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹31.68 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹31.4 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin52.2%
Net Profit Margin51.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Manipal Springs Limited, buy the company report.

Board of directors of Manipal Springs Limited

Manipal Springs has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jagadish Kudva
Also directs: Canara Steel and Real Estates Limited, Jaibharat Mills Private Limited, Manipal Agreen Tech Private Limited
Director24 Sep 200917 Years 1 MonthsCurrent
Subbarame Gowda
Also directs: Canara Steel and Real Estates Limited, Manipal Rajmahal Hotels Limited, Eldorado Share Services Private Limited and 2 more
Director17 Aug 20215 Years 2 MonthsCurrent
Katpady Madhava Kini
Also directs: Canara Steel and Real Estates Limited, Manipal Rajmahal Hotels Limited, Sevalal Solar Private Limited and 5 more
Director17 Aug 20215 Years 2 MonthsCurrent
View all directors

Auditor

Manipal Springs Limited is audited by RAO & SWAMI for the financial year 2019.

Auditor firmFinancial yearFirm registration number
RAO & SWAMIFY 2019003105S

Shareholding

The shareholding of Manipal Springs Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Manipal Springs Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Manipal Springs Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Manipal Springs Limited has 1 active EPFO establishment as of Apr 06, 2024.

Active EPFO establishments
1

GST

Manipal Springs has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AADCM0973C1ZLKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Manipal Springs Limited, buy the company report.

Recent activity

Manipal Springs Limited has 13 board changes on record since 1997: 8 appointments and 5 cessations. The latest: Anant Kumar Sinha ceased to be Director on 17 Aug 2021.

AGM
Manipal Springs Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Manipal Springs Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Anant Kumar Sinha ceased to be Director.
Appointed
Katpady Madhava Kini was appointed as Director.
Appointed
Subbarame Gowda was appointed as Director.
Ceased
Vivekananda ceased to be Director.
Ceased
Shashindra Bhat ceased to be Director.
Ceased
Sudesh Heramb Dalvi ceased to be Director.
Ceased
Ramachandrarao Narayana Yermal ceased to be Director.
Appointed
Jagadish Kudva was appointed as Director.
Appointed
Shashindra Bhat was appointed as Director.
Appointed
Vivekananda was appointed as Director.

4 earlier events are in the company report.

News

Frequently asked questions

Manipal Springs is an active public limited company based in Mangalore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 22 March 1984 (42+ years old) and is registered under CIN U29309KA1984PLC005964.

Manipal Springs has 3 current directors:

The latest financial statements of Manipal Springs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Manipal Springs is 29AADCM0973C1ZL, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Manipal Springs is U29309KA1984PLC005964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Manipal Springs has 3 court cases on record: 3 filed by the company.

Manipal Springs was incorporated on 22 March 1984, making it 42+ years old. It is registered with the Registrar of Companies, Bangalore.

Anant Kumar Sinha ceased to be Director on 17 Aug 2021. Katpady Madhava Kini was appointed as Director on 17 Aug 2021. Subbarame Gowda was appointed as Director on 17 Aug 2021. Manipal Springs has 13 board changes on record in total.

Yes, Manipal Springs is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0025626).

Manipal Springs can be reached through the website manipal.com. Its registered office is in Mangalore, Karnataka, India.