Deep Spares Private Limited
About Deep Spares Private Limited
Data last updated:
Deep Spares Private Limited is a private limited company based in Punjab, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 01 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29219PB2000PTC023435. Its GSTIN is 03AABCD4157F1Z4 (Punjab).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Gurpreet Singh and Sanjeev 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 Patiala Roadnabha Distt Patiala, Punjab, India – 147201.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.65 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹73.15 Lakh (net margin 3.1%) and EBITDA of ₹2.26 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.44 Cr and satisfied charges of ₹1.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPatiala Roadnabha Distt Patiala, Punjab, India – 147201
- IndustryAgriculture, Agri Machinery & 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
- One PDF report, delivered after checkout
Business Activity of Deep Spares Private Limited
The main business activity of Deep Spares is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Deep Spares Private Limited FY 2025 filings available
Deep Spares Private Limited reported revenue of ₹23.65 Cr (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Deep Spares Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 41% growth in the latest year. EBITDA rose 6% 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 of Deep Spares Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹73.15 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 of Deep Spares Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Deep Spares are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Deep Spares Private Limited
Deep Spares Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Farm Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Das Agro Plast Private Limited | •••• | •••• | •••• | •••• | 10 | Pune City, Maharashtra, India |
| Deluxe Agricultural Implements Pvt Ltd | •••• | •••• | •••• | •••• | 10 | Punjab, India |
| Burder Industries India Private Limited | •••• | •••• | •••• | •••• | 54 | Sriperumbudur, Tamil Nadu, India |
| Gill Agricultural Implements Private Limited | •••• | •••• | •••• | •••• | 11 | Distt Muktsar, Punjab, India |
| Shreedhar Irrigation Private Limited | •••• | •••• | •••• | •••• | - | Dhoraji, Gujarat, India |
| Deep Spares Private Limited this company | •••• | •••• | •••• | •••• | - | Punjab, India |
| Girish Agro Private Limited | •••• | •••• | •••• | •••• | - | Harayana, Haryana, India |
| F2df Private Limited | •••• | •••• | •••• | •••• | - | Narwana, Haryana, India |
| Singla Agrotech Private Limited | •••• | •••• | •••• | •••• | - | Pilibanga, Rajasthan, India |
| Karnataka Agro Industries Corporation Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| The Metal Industries Ltd | •••• | •••• | •••• | •••• | - | Palghat, Kerala, India |
Peers are the five companies nearest above and the five nearest below Deep Spares by revenue in the Agriculture industry (Farm Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Deep Spares Private Limited
Deep Spares Private Limited is audited by B.S.GOYAL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.S.GOYAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Deep Spares Private Limited
Deep Spares has 10 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurpreet Singh Also directs: Preet Agro Industries Private Limited, Preet Tractors Private Limited, Agsam Business Solutions LLP and 4 more | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
| Sanjeev Kumar Also directs: Gips Estates Private Limited | Director | 01 Mar 2000 | 26 Years 7 Months | Current |
| Gora Lal Also directs: Laurel Builders Pvt Ltd | Director | 01 Mar 2000 | 26 Years 7 Months | Current |
| Gurcharn Singh Also directs: Preet Agro Industries Private Limited, Preet Harvester Spares Private Limited, Preet Spares Private Limited and 4 more | Director | 01 Mar 2000 | 26 Years 7 Months | Current |
| Handeep Singh Also directs: Preet Agro Industries Private Limited, Preet Towers LLP, Avenger Tractors Private Limited and 1 more | Director | 20 Jul 2012 | 14 Years 2 Months | Current |
| Sarabjit Singh | Director | 01 Mar 2000 | 26 Years 7 Months | Current |
Ownership and Shareholding of Deep Spares Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Deep Spares Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2022 | Axis Bank Limited | ₹13.11 Lakh | Open |
| 27 Dec 2021 | Axis Bank Limited | ₹91.76 Lakh | Open |
| 24 Dec 2021 | Axis Bank Limited | ₹5.1 Cr | Open |
| 02 Sep 2021 | Others | ₹43.5 Lakh | Open |
| 06 Nov 2020 | Others | ₹43 Lakh | Open |
Total charge records: 19 View all charges
Employees and EPFO Compliance at Deep Spares Private Limited
Deep Spares Private Limited has a workforce of 70 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Deep Spares Private Limited
Deep Spares Private Limited has 10 board changes on record since 2000: 10 appointments. The latest: Gurpreet Singh was appointed as Director on 29 Oct 2020.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Deep Spares Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Deep Spares Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Deep Spares Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Deep Spares Private Limited
Deep Spares has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCD4157F1Z4 | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Deep Spares Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Deep Spares Private Limited
Deep Spares is an active private limited company based in Punjab, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 01 March 2000 (26+ years old) and is registered under CIN U29219PB2000PTC023435.
Deep Spares reported revenue of ₹23.65 Cr for FY 2024 (up 41% YoY).
Deep Spares has 10 current directors:
- Gurpreet Singh - Director
- Sanjeev Kumar - Director
- Gora Lal - Director
- Gurcharn Singh - Director
- Handeep Singh - Director
- Sarabjit Singh - Director
- Parma Rani - Director
- Prem Singh - Director
- Mangat Rai - Director
- Hari Singh - Director
Deep Spares reported a net profit of ₹73.15 Lakh (net margin 3.1%) and EBITDA of ₹2.26 Cr (EBITDA margin 9.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Deep Spares is 5% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Deep Spares is 03AABCD4157F1Z4, registered in Punjab.
The CIN (Corporate Identification Number) of Deep Spares is U29219PB2000PTC023435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deep Spares was incorporated on 01 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Deep Spares by revenue are Das Agro Plast Private Limited, Deluxe Agricultural Implements Pvt Ltd, Burder Industries India Private Limited, Gill Agricultural Implements Private Limited, Shreedhar Irrigation Private Limited and 5 more, all in the Agriculture industry (Farm Equipment).
Gurpreet Singh was appointed as Director on 29 Oct 2020. Handeep Singh was appointed as Director on 20 Jul 2012. Gora Lal was appointed as Director on 01 Mar 2000. Deep Spares has 10 board changes on record in total.
The registered office of Deep Spares is at Patiala Roadnabha Distt Patiala, Punjab, India – 147201.