MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0001776
Accurate Springs Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹37.35 Cr
▲ 8% YoY
Net profit · FY 2024
₹2.84 Cr
Net margin 7.6%
EBITDA · FY 2024
₹5.53 Cr
EBITDA margin 14.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹16 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
65
Provident fund records
About Accurate Springs Private Limited
Data last updated:
Accurate Springs Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 25 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27105TN1996PTC034922. Its GSTIN is 33AAACA9174A1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Balasundaram Chidambara (Managing Director) and Balasundharam Karthik Kumar.
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 12 Sipcot Industrial Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.35 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Cr (net margin 7.6%) and EBITDA of ₹5.53 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 12% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Accurate Springs. As per MCA filings, the company has open charges of ₹16 Cr on record.
Accurate Springs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0001776). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accuratespringspvtltd.com.
Company details
CIN U27105TN1996PTC034922
Registration Number 034922
Incorporation Date 25 March 1996
ROC Chennai
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 Small
Udyam Registration UDYAM-TN-08-0001776
Key People
Balasundaram Chidambara Managing Director Balasundharam Karthik Kumar Director Ramakrishnan Chidambarathevai Director Recognitions & Rankings of Accurate Springs
Contact details
Accurate Springs Private Limited's registered office is in Chennai, Tamil Nadu. Its website is accuratespringspvtltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS – 12 Sipcot Industrial Park Pillaipakkam Vengadu Village Sriperumpudur Kundrath, Ur Road, Chennai, Tamil Nadu, India – 602105
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Accurate Springs Private Limited, buy the company report.
Comprehensive company report
Accurate Springs Private 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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Brands
Accurate Springs operates one associated brand: Accurate Springs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Spring manufacturing and supply for automotive, textile, and other industries in India. | accuratespringspvtltd.com |
Business activity
The main business activity of Accurate Springs is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Accurate Springs Private Limited, buy the company report.
Financials of Accurate Springs Private Limited
FY 2025 filings availableAccurate Springs Private Limited reported revenue of ₹37.35 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹37.35 Cr ▲ 8%
Net profit · FY 2024
₹2.84 Cr margin 7.6%
EBITDA · FY 2024
₹5.53 Cr margin 14.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 35%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 49%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.84 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | ||||
| Net Profit Margin | 7.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Accurate Springs Private Limited, buy the company report.
Board of directors of Accurate Springs Private Limited
Accurate Springs has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasundharam Karthik Kumar | Director | 28 Jul 2012 | 14 Years 3 Months | Current |
| Balasundaram Chidambara | Managing Director | 25 Mar 1996 | 30 Years 7 Months | Current |
| Ramakrishnan Chidambarathevai | Director | 25 Mar 1996 | 30 Years 7 Months | Current |
| Ramkumar | Director | 07 Mar 2016 | 10 Years 8 Months | Current |
Peer comparison
Accurate Springs Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Springs, Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shacha Technoforge Private Limited | ₹37.42 Cr (FY 2024) | 13.0% | Padavla, Gujarat, India | |||
| Goalprinet Engineering Formalisation Private Limited | ₹37.38 Cr (FY 2024) | 11.0% | Ahmednagar, Maharashtra, India | |||
| Accurate Springs Private Limitedthis company | ₹37.35 Cr (FY 2024) | ₹2.84 Cr | 7.6% | 8.0% | 65 | Chennai, Tamil Nadu, India |
| Deno Manufacturing and Solutions India Private Limited | ₹37.15 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| Techno Springs India Pvt Ltd | ₹37.14 Cr (FY 2025) | 16.0% | Faridabad, Haryana, India | |||
| RNG Exports Private Limited | ₹37.05 Cr (FY 2024) | 27.0% | Bavla, Gujarat, India |
To see the full peer comparison of Accurate Springs Private Limited, buy the company report.
Auditor
Accurate Springs Private Limited is audited by PADMANABHAN RAMANI & RAMANUJAM for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PADMANABHAN RAMANI & RAMANUJAM | FY 2022 | 002510S |
Shareholding
The shareholding of Accurate Springs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Accurate Springs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2024 | 100928410 | City Union Bank Limited | ₹2 Cr | Open | |
| 12 Feb 2024 | 100861510 | City Union Bank Limited | ₹1.84 Cr | Open | |
| 10 Apr 2023 | 100756166 | City Union Bank Limited | ₹1.47 Cr | Open | |
| 10 Apr 2023 | 100756168 | City Union Bank Limited | ₹80 Lakh | Open | |
| 10 Jan 2023 | 100671967 | Others | ₹52 Lakh | Open |
To see the full charge records of Accurate Springs Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
No court or tribunal cases involving Accurate Springs 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 Accurate Springs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accurate Springs Private Limited has a workforce of 65 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
65
Active EPFO establishments
1
GST
Accurate Springs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA9174A1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Accurate Springs Private Limited, buy the company report.
Recent activity
Accurate Springs Private Limited has 5 board changes on record since 1996: 4 appointments and 1 cessation. The latest: Ramkumar was appointed as Director on 07 Mar 2016.
AGM
Accurate Springs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Accurate Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with City Union Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100928410 was registered on 03 Jun 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 1.84 Cr with Charge ID 100861510 was registered on 12 Feb 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 1.47 Cr with Charge ID 100756166 was registered on 10 Apr 2023.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100756168 was registered on 10 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.52 Cr with Charge ID 100671967 was registered on 10 Jan 2023.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100661144 was registered on 18 Nov 2022.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100612670 was registered on 15 Jul 2022.
Charges
A charge with Others of Rs. 6.75 Cr registered on 07 Mar 2008 with Charge ID 10104420 was modified on 06 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100393694 was registered on 21 Nov 2020.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100071884 was registered on 21 Dec 2016.
17 earlier events are in the company report.
Frequently asked questions
Accurate Springs is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 25 March 1996 (30+ years old) and is registered under CIN U27105TN1996PTC034922.
Accurate Springs has 4 current directors:
- Balasundaram Chidambara - Managing Director
- Balasundharam Karthik Kumar - Director
- Ramakrishnan Chidambarathevai - Director
- Ramkumar - Director
The latest financial statements of Accurate 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 Accurate Springs is 33AAACA9174A1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Accurate Springs is U27105TN1996PTC034922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accurate Springs was incorporated on 25 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Accurate Springs by revenue are Shacha Technoforge Private Limited, Goalprinet Engineering Formalisation Private Limited, Deno Manufacturing and Solutions India Private Limited, Techno Springs India Pvt Ltd, RNG Exports Private Limited, all in the Machinery and Equipment industry (Springs, Tools and Components), with the same principal business activity (metal and metal products).
Ramkumar was appointed as Director on 07 Mar 2016. Balasundharam Karthik Kumar ceased to be Additional Director on 29 Sep 2012. Balasundharam Karthik Kumar was appointed as Director on 28 Jul 2012. Accurate Springs has 5 board changes on record in total.
Yes, Accurate Springs is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0001776).
Accurate Springs can be reached through the website accuratespringspvtltd.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Accurate Springs is at S – 12 Sipcot Industrial Park Pillaipakkam Vengadu Village Sriperumpudur Kundrath, Ur Road, Chennai, Tamil Nadu, India – 602105.
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