Zinser Textile Systems Private Limited
About Zinser Textile Systems Private Limited
Data last updated:
Zinser Textile Systems Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Saurer Ag. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 13 September 2002.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29260MH2002PTC137202. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹4.55 Cr and a paid-up capital of ₹4.55 Cr. It was led by directors including Zhengping Zeng and Jagdish Dhirajlal Vyas.
Its last annual general meeting (AGM) was held on 21 November 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Unit 1002 10th Floor Peninsula Tower 1 Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹28 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Cr (net margin 7.7%) and EBITDA of ₹3.35 Cr (EBITDA margin 12%).
The company had about 45 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Company details
Contact details
Zinser Textile Systems Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressUnit 1002 10th Floor Peninsula Tower 1 Peninsula Corporate Park Ganpatrao Kadam Marg Lowe, R Parel(W), Mumbai, Maharashtra, India – 400013
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
- 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
Business activity
The main business activity of Zinser Textile Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Zinser Textile Systems Private Limited, buy the company report.
Financials of Zinser Textile Systems Private Limited
FY 2016 filings availableZinser Textile Systems Private Limited reported revenue of ₹28 Cr (down 34% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. EBITDA fell 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹3.35 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.16 Cr | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12% | |
| Net Profit Margin | 7.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Zinser Textile Systems Private Limited, buy the company report.
Board of directors of Zinser Textile Systems Private Limited
Zinser Textile Systems has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zhengping Zeng | Director | 25 Oct 2013 | 13 Years 0 Months | As last reported |
| Jagdish Dhirajlal Vyas Also directs: Saurer Textile Solutions Private Limited | Director | 18 Nov 2016 | 9 Years 11 Months | As last reported |
| Kshetra Pal Singh | Person Incharge | 11 Mar 2010 | 16 Years 8 Months | As last reported |
| Vineet Goel | Director | 25 Oct 2013 | 13 Years 0 Months | As last reported |
Peer comparison
Zinser Textile Systems Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Papercare Machine Private Limited | ₹28.13 Cr (FY 2024) | 300.0% | Saharanpur, Uttar Pradesh, India | |||
| Dukane Intelligent Assembly Solutions (India) Private Limited | ₹28.05 Cr (FY 2025) | 36.0% | Chennai, Tamil Nadu, India | |||
| Zinser Textile Systems Private Limitedthis company | ₹28 Cr (FY 2016) | ₹2.16 Cr | 7.7% | -34.0% | Mumbai, Maharashtra, India | |
| Soplar (India) Private Limited | ₹27.71 Cr (FY 2025) | 34.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Zinser Textile Systems Private Limited, buy the company report.
Legal cases
Zinser Textile Systems Private Limited has 4 court cases on record: 2 filed by Zinser Textile Systems, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (OLR) | Filed against the company by The Official Liquidator High Court Bombay | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax- 8 | Disposed |
To see the full case history of Zinser Textile Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Zinser Textile Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zinser Textile Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Zinser Textile Systems Private Limited, buy the company report.
Recent activity
Zinser Textile Systems Private Limited has 28 board changes on record since 2007: 4 appointments and 24 cessations. The latest: Jagdish Dhirajlal Vyas ceased to be Additional Director on 21 Nov 2016.
19 earlier events are in the company report.
Frequently asked questions
Zinser Textile Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Zinser Textile Systems was a private limited company based in Mumbai, Maharashtra, India. The company worked in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 13 September 2002 and is registered under CIN U29260MH2002PTC137202. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Zinser Textile Systems was incorporated on 13 September 2002. It is registered with the Registrar of Companies, Mumbai.
Zinser Textile Systems had 4 directors:
- Zhengping Zeng - Director
- Jagdish Dhirajlal Vyas - Director
- Vineet Goel - Director
- Kshetra Pal Singh - Person Incharge
The CIN (Corporate Identification Number) of Zinser Textile Systems is U29260MH2002PTC137202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Zinser Textile Systems is at Unit 1002 10th Floor Peninsula Tower 1 Peninsula Corporate Park Ganpatrao Kadam Marg Lowe, R ParelW, Mumbai, Maharashtra, India – 400013.
The latest financial statements of Zinser Textile Systems on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 21 November 2016. Year-wise statements from 2015 are in the company report.
No. Zinser Textile Systems has 2 GST registrations on record and all of them are cancelled or inactive.
Zinser Textile Systems operated in the electrical industry, in the general purpose and special purpose machinery and equipment segment.
The peers of Zinser Textile Systems by revenue are Papercare Machine Private Limited, Dukane Intelligent Assembly Solutions (India) Private Limited, Soplar (India) Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Zinser Textile Systems has 4 court cases on record: 2 filed by the company and 2 filed against it.
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