Deepak Spinners Limited - manufacturing in Himachal Pradesh, India. FY 2026 financials & compliance.
CIN L17111HP1982PLC016465 Incorporated 25 March 1982 ROC Himachal Pradesh HQ Himachal Pradesh, India
Active Listed - BSE: 514030 Public Limited Company manufacturing
Data last updated
Market Cap
₹103 Cr
DEEPAKSP · BSE
Share Price
₹144.95
+0.98% today
Revenue
₹534 Cr
FY 2025-26 · +1.9% YoY
EBITDA
₹20.11 Cr
Margin 3.8%
Net Profit
₹3.61 Cr
FY 2025-26 · +136.4% YoY
P/E (TTM)
2.9x
P/B 0.4x
ROE
1.6%
ROCE 2.9%
Debt / Equity
0.15
Interest cover 87.8x

About Deepak Spinners Limited

Data last updated:

Deepak Spinners Limited is a public limited company based in Himachal Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 March 1982 and has been in existence for over 44 years.

The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN L17111HP1982PLC016465. Its GSTIN is 07AABCD0387R1Z7 (Delhi). The company holds 4 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 514030.

The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹7.19 Cr. It is led by directors including Yashwant Kumar Daga (Managing Director) and Rajaram Bankatlal Kankani (Whole-Time Director).

Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at #121 Industrial Area Baddi Teh Nalagarh Distt Solan, Himachal Pradesh, India.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹534.16 Cr, a growth of 1.9% compared to the previous year. For the same year it recorded a net profit of ₹3.61 Cr (net margin 0.7%) and EBITDA of ₹20.11 Cr (EBITDA margin 3.8%). The net worth stands at ₹229.4 Cr (up 1.9% YoY). Total assets are valued at ₹261.8 Cr (down 0.7% YoY).

The company has about 3,497 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹187.58 Cr and satisfied charges of ₹282.85 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 4 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dsl-india.com.

Company details

CIN L17111HP1982PLC016465
Registration Number 016465
Incorporation Date 25 March 1982
ROC Himachal Pradesh
Listing Status Listed - Listed on BSE (514030)
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Deepak Spinners has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17111HP1982PLC016465, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17111HP1982PLC016465Current
L17111HP1995PLC016465Previous
U17111HP1982PLC016465Previous

Contact details

Deepak Spinners Limited's registered office is in Himachal Pradesh. Its website is dsl-india.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    #121 Industrial Area Baddi Teh Nalagarh Distt Solan, Himachal Pradesh, India
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Deepak Spinners Limited, buy the company report.

Comprehensive company report
Deepak Spinners 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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Business activity

The main business activities of Deepak Spinners are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers textile, leather and other apparel products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Deepak Spinners Limited, buy the company report.

Financials of Deepak Spinners Limited

FY 2025-26 filings available

Deepak Spinners Limited reported revenue of ₹534.16 Cr (up 1.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹534 Cr
+1.9% YoY
EBITDA
₹20.11 Cr
+298.2% YoY
Profit After Tax
₹3.61 Cr
+136.4% YoY
Net Worth
₹229 Cr
+1.9% YoY
Total Assets
₹262 Cr
-0.7% YoY
Total Debt
₹30.49 Cr
-17.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue534524471561532397461
Revenue growth+1.9%+11.3%-16.1%+5.6%+34.0%-13.9%-
EBITDA20.115.0519.8870.3369.4141.7334.58
EBITDA margin+3.8%+1.0%+4.2%+12.5%+13.1%+10.5%+7.5%
Profit before tax4.84(13.97)2.0654.0252.5821.2512.40
Net profit3.61(9.92)1.0839.6339.0615.6714.82
Net profit margin+0.7%-1.9%+0.2%+7.1%+7.4%+4.0%+3.2%
EPS (₹)5.06(14.17)1.8155.7654.6421.8220.70
Balance sheet
Total assets262264281287248218232
Net worth229225235236197159143
Total debt30.4936.8143.9449.5148.9456.1886.24
Cash & bank0.540.610.560.920.680.980.76
Net working capital93.1488.6797.9310387.7372.3973.67
Cash flow
Cash from operations19.1416.3426.9141.7338.8338.7743.96
Cash from investing(10.15)(5.88)(15.90)(37.47)(26.18)(1.97)(3.28)
Cash from financing(9.06)(10.43)(11.28)(3.97)(13.15)(36.55)(41.33)
ParticularsJun 2026Mar 2026Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue137121139139122132131139
Revenue growth (YoY)-1.4%-0.6%+6.3%-0.4%+11.8%---
Other income2.611.480.970.590.680.770.400.45
Total expenses131114133139121128129140
EBITDA6.316.686.84(0.20)0.053.761.97(0.73)
EBITDA margin+4.6%+5.5%+4.9%-0.1%+0.0%+2.8%+1.5%-0.5%
Depreciation4.144.084.394.244.434.464.454.21
Interest0.630.420.790.970.730.881.061.10
Profit before tax4.153.662.63(4.82)(4.43)(0.81)(3.14)(5.59)
Tax1.061.190.66(1.21)(3.78)(0.36)0.330.03

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue137121139139122132131139
Revenue growth (YoY)-1.4%-0.6%+6.3%-0.4%+11.8%---
Other income2.611.480.970.590.680.770.400.45
Total expenses131114133139121128129140
EBITDA6.316.686.84(0.20)0.053.761.97(0.73)
EBITDA margin+4.6%+5.5%+4.9%-0.1%+0.0%+2.8%+1.5%-0.5%
Depreciation4.144.084.394.244.434.464.454.21
Interest0.630.420.790.970.730.881.061.10
Profit before tax4.153.662.63(4.82)(4.43)(0.81)(3.14)(5.59)
Tax1.061.190.66(1.21)(3.78)(0.36)0.330.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue534524471561532397461
Revenue growth+1.9%+11.3%-16.1%+5.6%+34.0%-13.9%-
Other income4.462.302.802.583.231.863.30
Total expenses514519451491462355426
Employee cost73.5973.8872.7272.3663.3853.1255.92
EBITDA20.115.0519.8870.3369.4141.7334.58
EBITDA margin+3.8%+1.0%+4.2%+12.5%+13.1%+10.5%+7.5%
Depreciation16.9917.5516.7016.0115.6816.0516.09
Interest2.743.773.922.884.386.299.39
Profit before tax4.84(13.97)2.0654.0252.5821.2512.40
Tax1.19(3.78)0.7513.9313.305.56(2.47)
Net profit3.61(9.92)1.0839.6339.0615.6714.82
Net profit margin+0.7%-1.9%+0.2%+7.1%+7.4%+4.0%+3.2%
EPS (₹)5.06(14.17)1.8155.7654.6421.8220.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.197.197.197.197.197.197.19
Reserves & surplus222218228228190152136
Shareholders' funds (net worth)229225235236197159143
Secured loans30.4936.8142.9348.3147.5754.6884.57
Unsecured loans0.000.001.011.201.371.501.67
Total debt30.4936.8143.9449.5148.9456.1886.24
Total liabilities262264281287248218232
Assets
Gross block312308298282240231232
Net block163175178180150153168
Capital work in progress8.030.348.593.700.743.160.78
Investments0.020.020.020.020.020.000.00
Inventories87.3987.9410298.3881.1858.9775.07
Sundry debtors33.0836.0527.7329.6733.1433.9928.53
Cash & bank balances0.540.610.560.920.680.980.76
Loans & advances18.4224.2228.0123.4717.8415.5719.61
Total current assets139149158152133110124
Total current liabilities46.2960.1559.9649.6245.1137.1250.30
Net working capital93.1488.6797.9310387.7372.3973.67
Total assets262264281287248218232
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.110.090.360.070.570.330.97
Net cash from operating activities19.1416.3426.9141.7338.8338.7743.96
Net cash from investing activities(10.15)(5.88)(15.90)(37.47)(26.18)(1.97)(3.28)
Net cash from financing activities(9.06)(10.43)(11.28)(3.97)(13.15)(36.55)(41.33)
Net change in cash(0.07)0.03(0.27)0.29(0.50)0.24(0.64)
Closing cash0.540.610.560.920.680.980.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1.9%+11.3%-16.1%+5.6%+34.0%-13.9%-
EBITDA growth+298.2%-74.6%-71.7%+1.3%+66.3%+20.7%-
PBT growth+9998.0%--96.2%+2.7%+147.4%+71.4%-38.8%
Net income growth+136.4%-1018.5%-97.3%+1.5%+149.3%+5.7%-
Revenue CAGR (3Y)-1.6%-0.5%+5.9%+6.8%+3.8%-3.4%+3.9%
EBITDA CAGR (3Y)-34.1%-58.3%-21.9%+26.7%+20.4%+8.9%-1.3%
Profitability & leverage
Net income margin+0.7%-1.9%+0.3%+7.1%+7.4%+4.0%+3.2%
Return on capital employed+2.9%-3.8%+1.9%+21.3%+24.5%+12.3%+9.1%
Return on net worth+1.6%-4.4%+0.5%+18.5%+22.1%+10.4%+10.9%
Debt / equity0.150.180.200.230.300.470.73
Long-term debt / equity0.000.000.010.030.070.140.24
Interest cover87.82-30.16123.275.308.1524.4950.78
Efficiency & per share
Fixed asset turnover1.721.731.622.152.261.712.02
Inventory turnover6.095.534.716.257.595.925.87
Debtors turnover15.4516.4316.4117.8715.8412.6914.10
EPS (₹)5.06(14.17)1.8155.7654.6421.8220.70
Dividend per share (₹)0.000.000.502.502.502.001.50
Book value per share (₹)319.07313.13327.49327.64273.98221.18199.54

To see the full year-wise statements and ratios of Deepak Spinners Limited, buy the company report.

Board of directors of Deepak Spinners Limited

Deepak Spinners has 7 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yashwant Kumar DagaManaging Director23 Oct 200620 Years 0 MonthsCurrent
Rajaram Bankatlal KankaniWhole-Time Director22 May 20251 Years 5 MonthsCurrent
Satya Prakash SardaDirector30 Dec 20241 Years 9 MonthsCurrent
Hussan LalDirector06 Jan 20251 Years 9 MonthsCurrent
Sonu JainDirector06 Jan 20251 Years 9 MonthsCurrent
Sanjiv BanerjiDirector13 Nov 20241 Years 11 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Deepak Spinners Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Deepak Spinners Limitedthis company₹534.16 Cr (FY 2026)₹3.61 Cr0.7%1.9%3,497Himachal Pradesh, India
Arisudana Industries Limited₹528.21 Cr (FY 2025)18.0%Ludhiana, Punjab, India
Sapl Industries Private Limited₹527.63 Cr (FY 2025)80.0%Mumbai, Maharashtra, India
Avaneetha Textiles Private Limited₹526.62 Cr (FY 2025)-2.0%Coimbatore, Tamil Nadu, India
Le Merite Exports Limited₹525.86 Cr (FY 2025)11.0%Mumbai, Maharashtra, India
Globe Enterprises (India) Limited₹525.53 Cr (FY 2025)22.0%Ahmedabad, Gujarat, India
GRG Cotspin Limited₹524.97 Cr (FY 2025)-9.0%Delhi, India
Rajaguru Spinning Mills Private Limited₹513.05 Cr (FY 2025)-20.0%Erode, Tamil Nadu, India

To see the full peer comparison of Deepak Spinners Limited, buy the company report.

Auditor

Deepak Spinners Limited is audited by M/s. Salarpuria & Partners, for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M/s. Salarpuria & Partners,FY 2023302113E

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 46.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 53.60%.

Promoters: 46.40%Retail & Others: 53.60%
Sep 2026
QUARTER
46.40% Promoters
53.60% Retail & Others
Promoter holding - history
Now 46.40% · Sep 2026High 46.40% · Sep 2026Low 46.00% · Dec 2025
45%45.8%46.5%47.3%48%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 46.00%Mar 2026: 46.00%Jun 2026: 46.00%Sep 2026: 46.40%46.00%46.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters46.40%46.00%46.00%46.00%
Public53.60%54.00%54.00%54.00%

Charges & borrowings

Open charges
₹187.58 Cr
Satisfied charges
₹282.85 Cr
Breakdown by lending institutions
State Bank of India₹187.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Nov 201110320805State Bank of India₹93.79 CrOpen
14 Jun 200580021618State Bank of India₹93.79 CrOpen
09 Jan 2019100235349Hdfc Bank Limited₹28 LakhSatisfied
19 Oct 2016100062939Hdfc Bank Limited₹15 LakhSatisfied
27 Jun 200610009795State Bank of India₹10 CrSatisfied

To see the full charge records of Deepak Spinners Limited, buy the company report.

Total charge records: 20 View all charges

MSME payment delays

Deepak Spinners Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 52 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
an individual supplier
Excel Laminators
an individual supplier
an individual supplier
Asha Dyestuff Industries Private Limited

To see the full MSME payment records of Deepak Spinners Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Deepak Spinners Limited has a workforce of 3,497 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.

Employee count
3,497
Active EPFO establishments
2
Employee growth
-5.56%

GST

Deepak Spinners has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
07AABCD0387R1Z7DelhiActive01 Jul 2017
23AABCD0387R1ZDMadhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Deepak Spinners Limited, buy the company report.

Recent activity

Deepak Spinners Limited has 34 board changes on record since 1982: 21 appointments and 13 cessations. The latest: Shantanu Daga ceased to be Director on 14 Sep 2025.

Filing
Deepak Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Himachal Pradesh.
AGM
Deepak Spinners Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Ceased
Shantanu Daga ceased to be Director.
Appointed
Rajaram Bankatlal Kankani was appointed as Whole-Time Director.
Appointed
Hussan Lal was appointed as Director.
Appointed
Sonu Jain was appointed as Director.
Appointed
Satya Prakash Sarda was appointed as Director.
Ceased
Sharad Agarwal ceased to be Director.
Appointed
Sanjiv Banerji was appointed as Director.
Appointed
Shounak Mitra was appointed as Director.
Ceased
Pradeep Kumar Drolia ceased to be Director.
Ceased
Anand Prasad Agarwalla ceased to be Director.

70 earlier events are in the company report.

Frequently asked questions

Deepak Spinners is an active public limited company based in Himachal Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 March 1982 (44+ years old) and is registered under CIN L17111HP1982PLC016465. Listed on BSE: 514030.

Deepak Spinners reported revenue of ₹534.16 Cr for FY 2025-26 (up 1.9% YoY) based on standalone financials.

Deepak Spinners has 7 current directors:

The latest financial statements of Deepak Spinners on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Deepak Spinners is 07AABCD0387R1Z7, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AABCD0387R1ZD (Madhya Pradesh).

The CIN (Corporate Identification Number) of Deepak Spinners is L17111HP1982PLC016465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Deepak Spinners is a listed company as per MCA records. Its shares are listed on BSE (code: 514030).

Deepak Spinners has 7 court cases on record: 6 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.

Deepak Spinners was incorporated on 25 March 1982, making it 44+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.

The peers of Deepak Spinners by revenue are Arisudana Industries Limited, Sapl Industries Private Limited, Avaneetha Textiles Private Limited, Le Merite Exports Limited, Globe Enterprises (India) Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Shantanu Daga ceased to be Director on 14 Sep 2025. Rajaram Bankatlal Kankani was appointed as Whole-Time Director on 22 May 2025. Hussan Lal was appointed as Director on 06 Jan 2025. Deepak Spinners has 34 board changes on record in total.

Deepak Spinners has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 52 overdue payments to 15 micro and small suppliers. The latest return was filed on 28 May 2019.