About SPI Industries
SPI Industries is a Transportation, Automotive & Logistics company based in India founded in 1985. Manufacturing of transformer components and steel drums in Ahmedabad. It operates in the Transportation, Automotive & Logistics and Industrial Goods & Manufacturing sectors. The company has 78 employees. Its Indian entity Spi Industries Private Limited reported revenue of ₹54.50 Cr. SPI Industries offers products and services including Steel Barrels and Transformer Radiators. Its focus areas include Manufacturing, Industrial Manufacturing, Transformer Components and Radiator and Core Production.
Company details
SPI Industries is identified as a manufacturer of transformer cores, radiators, and steel drums, operating as part of the SPI Group with a history spanning over 30 years. It is based in Ahmedabad and maintains a state-of-the-art facility that produces products adhering to ISO 9001 standards. Steel barrels are designed to meet international standards for durability, while transformer radiators are processed with standard cleaning and painting methods. The companys operations are focused on diversified manufacturing to support industrial needs, ensuring products are created with quality and safety in mind.
- Headquarters India
- Employees 78
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing
- Email••••••••
- Legal Name Spi Industries Pvt. Ltd
- Date of Incorporation 11 Sep, 1985
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹54.50 Cr
FY 2025 · +25% YoY
- Net Profit₹2.36 Cr
FY 2025 · 4% margin
- EBITDA₹5.38 Cr
FY 2025 · 10% margin
- Employee Count78
Associated legal entities of SPI Industries
SPI Industries operates through Spi Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spi Industries Private Limited CIN U28910GJ1985PTC008087 | Active | 11 Sep 1985 | Ahmedabad, Gujarat | ₹54.5 Cr | 78 | 9 | View details |
Products & Services of SPI Industries
SPI Industries offers a comprehensive portfolio of products and services, including Steel Barrels and Transformer Radiators.
Steel barrels are manufactured for the safe transportation of materials, featuring designs that adhere to international standards
Transformer radiators are produced with processes that include painting and testing to ensure compliance with required specifications
Board of directors of Spi Industries Private Limited (SPI Industries)
Spi Industries Private Limited is the primary company behind SPI Industries. The board of Spi Industries Private Limited currently have 9 directors; the longest-serving is Kamlesh Shah Chinubhai, appointed in 1985. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamlesh Shah Chinubhai DIN 02493827 | Director | 11 Sep 1985 | 41 yrs 1 mo | Spi Industries Private Limited |
| Vinod Chinubhai Shah DIN 00233691 | Director | 09 Apr 1986 | 40 yrs 6 mo | Spi Industries Private Limited |
| Hardik Dipakbhai Shah DIN 01877011 | Director | 01 Apr 2006 | 20 yrs 6 mo | Spi Industries Private Limited |
| Krutarth Vinodbhai Shah DIN 07151760 | Director | 28 Apr 2015 | 11 yrs 6 mo | Spi Industries Private Limited |
| Deepak Chinubhai Shah DIN 00233843 | Director | 28 Apr 2015 | 11 yrs 6 mo | Spi Industries Private Limited |
| Samkit Dipakbhai Shah DIN 07151776 | Director | 28 Apr 2015 | 11 yrs 6 mo | Spi Industries Private Limited |
| Parthiv Kamleshbahi Shah DIN 00233767 | Director | 28 Apr 2015 | 11 yrs 6 mo | Spi Industries Private Limited |
| Pathik Vinodbhai Shah DIN 01836670 | Director | 28 Apr 2015 | 11 yrs 6 mo | Spi Industries Private Limited |
| Prashant Shah Kamleshbhai DIN 00233808 | Director | 28 Apr 2015 | 11 yrs 6 mo | Spi Industries Private Limited |
Financials of SPI Industries
Figures of Spi Industries Private Limited, the primary company behind SPI Industries, for FY 2025. Revenue was ₹54.50 Cr (+25% year on year). Net profit was ₹2.36 Cr (4% margin). EBITDA was ₹5.38 Cr (10% margin). Revenue has grown at a compounded annual rate of +15% over three years and +13% over five years.
- ₹54.50 CrRevenue · FY 2025 · +25% YoY
- ₹2.36 CrNet profit · 4% margin
- ₹5.38 CrEBITDA · 10% margin
- ₹3.00 CrPaid-up capital
- 78Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spi Industries Private Limited are on its company page.
Detailed financial statements for SPI Industries
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as SPI Industries (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about SPI Industries
SPI Industries was founded in 1985.
SPI Industries is headquartered in India.
SPI Industries has 78 employees.
The primary company behind SPI Industries, Spi Industries Private Limited, reported revenue of ₹54.50 Cr for FY 2025, up 25% year on year.
SPI Industries is identified as a manufacturer of transformer cores, radiators, and steel drums, operating as part of the SPI Group with a history spanning over 30 years. It is based in Ahmedabad and maintains a state-of-the-art facility that produces products adhering to ISO 9001 standards. Steel barrels are designed to meet international standards for durability, while transformer radiators are processed with standard cleaning and painting methods. The companys operations are focused on diversified manufacturing to support industrial needs, ensuring products are created with quality and safety in mind.
SPI Industries offers Steel Barrels and Transformer Radiators.
SPI Industries operates through Spi Industries Private Limited.
The legal entities of SPI Industries currently have 9 directors, including Krutarth Vinodbhai Shah, Deepak Chinubhai Shah, Hardik Dipakbhai Shah and others.