Spiromag Gear Systems Private Limited
About Spiromag Gear Systems Private Limited
Data last updated:
Spiromag Gear Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1990PTC055317.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Asha Agrawal and Raj Kumar Agrawal.
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 92 – 93 Mittal Court'C' Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹84,248, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹54,447 (net margin 64.6%) and EBITDA of ₹62,948 (EBITDA margin 74.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Spiromag Gear Systems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address92 – 93 Mittal Court'C' Wing Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Spiromag Gear Systems Private Limited, buy the company report.
- 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
Financials of Spiromag Gear Systems Private Limited
FY 2025 filings availableSpiromag Gear Systems Private Limited reported revenue of ₹84,248 (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 9% growth in the latest year. EBITDA rose 52% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹62,948 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹54,447 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 74.7% | ||||
| Net Profit Margin | 64.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Spiromag Gear Systems Private Limited, buy the company report.
Board of directors of Spiromag Gear Systems Private Limited
Spiromag Gear Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Agrawal | Director | 27 Feb 2020 | 6 Years 8 Months | Current |
| Raj Kumar Agrawal Also directs: Cyberworks and Co. LLP, Millennium Cyberworks and Co. LLP, Francis Klein Security Equipment Private Limited and 4 more | Director | 12 Jun 1995 | 31 Years 4 Months | Current |
Peer comparison
Spiromag Gear Systems Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kalapi Tech India Private Limited | ₹90,349 (FY 2023) | Mumbai, Maharashtra, India | ||||
| Chail Engineering Private Limited | ₹90,100 (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Robland Vebim Machinery Private Limited | ₹88,900 (FY 2025) | -96.0% | Bangalore, Karnataka, India | |||
| Organ Needles Private Limited | ₹88,328 (FY 2022) | 465.0% | Mumbai, Maharashtra, India | |||
| Nimriwala Initiatives Private Limited | ₹86,000 (FY 2022) | Bikaner, Rajasthan, India | ||||
| Spiromag Gear Systems Private Limitedthis company | ₹84,248 (FY 2025) | ₹54,447 | 64.6% | 9.0% | Mumbai, Maharashtra, India | |
| Roop Arinna Fabricators Private Limited | ₹83,862 (FY 2022) | 92.0% | Gurgaon, Haryana, India | |||
| Expandable Polystyrene Machinery (Exports) Private Limited | ₹83,795 (FY 2025) | -11.0% | Pune, Maharashtra, India | |||
| Flexinnova Printpack Private Limited | ₹83,000 (FY 2025) | 66.0% | Mumbai, Maharashtra, India | |||
| Caustic Recycling (India) Private Limited | ₹83,000 (FY 2021) | Ahmedabad, Gujarat, India | ||||
| Malik Wire Mach. Private Limited | ₹82,080 (FY 2024) | -67.0% | New Delhi, Delhi, India |
To see the full peer comparison of Spiromag Gear Systems Private Limited, buy the company report.
Auditor
Spiromag Gear Systems Private Limited is audited by S. S. Jhunjhunwala & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. Jhunjhunwala & Co. | FY 2015 |
Shareholding
The shareholding of Spiromag Gear Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Spiromag Gear Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spiromag Gear Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spiromag Gear Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Spiromag Gear Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spiromag Gear Systems Private Limited has 4 board changes on record since 1995: 2 appointments and 2 cessations. The latest: Asha Agrawal ceased to be Additional Director on 30 Dec 2020.
Frequently asked questions
Spiromag Gear Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 02 February 1990 (36+ years old) and is registered under CIN U29299MH1990PTC055317.
Spiromag Gear Systems has 2 current directors:
- Asha Agrawal - Director
- Raj Kumar Agrawal - Director
The latest financial statements of Spiromag Gear Systems 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 CIN (Corporate Identification Number) of Spiromag Gear Systems is U29299MH1990PTC055317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spiromag Gear Systems was incorporated on 02 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spiromag Gear Systems by revenue are Kalapi Tech India Private Limited, Chail Engineering Private Limited, Robland Vebim Machinery Private Limited, Organ Needles Private Limited, Nimriwala Initiatives Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Asha Agrawal ceased to be Additional Director on 30 Dec 2020. Ghanshyam Agrawal ceased to be Director on 01 Mar 2020. Asha Agrawal was appointed as Director on 27 Feb 2020. Spiromag Gear Systems has 4 board changes on record in total.
The registered office of Spiromag Gear Systems is at 92 – 93 Mittal CourtC Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
Spiromag Gear Systems operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.
The compliance status of Spiromag Gear Systems is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
Spiromag Gear Systems can be reached at its registered office: 92 – 93 Mittal CourtC Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
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