Gem Spinners India Limited - manufacturing in Kancheepuram, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L17111TN1990PLC019791 Incorporated 18 October 1990 ROC Chennai HQ Kancheepuram, Tamil Nadu, India
Active Listed - BSE: 521133 Public Limited Company manufacturing
Data last updated
Market Cap
₹25.47 Cr
GEMSPIN · BSE
Share Price
₹4.15
0.00% today
EBITDA
−₹0.25 Cr
FY 2025-26
Net Profit
−₹0.41 Cr
FY 2025-26 · +37.9% YoY
Authorised capital
₹45 Cr
Registered with MCA
Paid-up capital
₹30.69 Cr
Issued & subscribed
Satisfied charges
₹127.21 Cr
No open charges
Company age
36 yrs
Est. 1990

About Gem Spinners India Limited

Data last updated:

Gem Spinners India Limited is a public limited company based in Kancheepuram, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 October 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L17111TN1990PLC019791. Its GSTIN is 33AAACG2498K1ZG (Tamil Nadu). Its shares are listed on BSE: 521133.

The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹30.69 Cr. It is led by directors including Rangaswami Veeramani (Managing Director) and Srinivasan Gopal.

Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 14 Mangalam Villagemadurathagam Taluk Kancheepuram District, Tamil Nadu, India – 603107.

Total assets are valued at ₹6.5 Cr (down 1.7% YoY).

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

The company is associated with 1 brand: Gem Spinners. As per MCA filings, the company has satisfied charges of ₹127.21 Cr on record. Court records list 19 cases involving the company, including 12 filed by the company and 4 filed against it; 2 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 gemspin.com.

Company Details of Gem Spinners India Limited
CIN L17111TN1990PLC019791
Registration Number 019791
Incorporation Date 18 October 1990
ROC Chennai
Listing Status Listed (BSE: 521133)
Company Status Active
Date of Last AGM 28 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No 14 Mangalam Villagemadurathagam Taluk Kancheepuram District, Tamil Nadu, India – 603107
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Gem Spinners India Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Gem Spinners India Limited FY 2025-26 filings available

Gem Spinners India Limited reported revenue of ₹- for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.00 Cr
EBITDA
−₹0.25 Cr
+50.0% YoY
Profit After Tax
−₹0.41 Cr
+37.9% YoY
Net Worth
−₹2.65 Cr
-18.3% YoY
Total Assets
₹6.50 Cr
-1.7% YoY
Total Debt
₹9.16 Cr
+3.5% 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
Revenue0.000.000.000.000.000.000.00
EBITDA(0.25)(0.50)(0.42)(0.54)(0.47)(0.39)(0.97)
Profit before tax(0.41)(0.66)(0.58)(0.70)(0.65)(0.62)(1.19)
Net profit(0.41)(0.66)(0.58)(0.70)(0.65)(0.62)(1.19)
EPS (₹)(0.07)(0.11)(0.10)(0.11)(0.11)(0.10)(0.19)
Balance sheet
Total assets6.506.616.705.576.276.927.54
Net worth(2.65)(2.24)(1.58)(1.00)(0.30)0.351.00
Total debt9.168.858.286.576.576.576.55
Cash & bank0.040.03(0.02)0.030.120.030.08
Net working capital(0.07)(0.13)(0.19)(1.47)(0.98)(0.52)(0.18)
Cash flow
Cash from operations(0.31)(2.15)(0.05)(0.09)0.09(0.05)0.04
Cash from investing0.000.000.000.000.000.000.00
Cash from financing0.312.200.000.000.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.000.000.000.000.000.000.000.00
Total expenses0.080.050.050.050.100.140.100.06
EBITDA(0.08)(0.05)(0.05)(0.05)(0.10)(0.14)(0.10)(0.06)
Depreciation0.040.040.040.040.040.040.040.04
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.12)(0.09)(0.09)(0.09)(0.14)(0.18)(0.14)(0.10)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.000.000.000.000.000.000.000.00
Total expenses0.080.050.050.050.100.140.100.06
EBITDA(0.08)(0.05)(0.05)(0.05)(0.10)(0.14)(0.10)(0.06)
Depreciation0.040.040.040.040.040.040.040.04
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.12)(0.09)(0.09)(0.09)(0.14)(0.18)(0.14)(0.10)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.000.000.000.000.00
Other income0.000.000.000.000.000.010.02
Total expenses0.250.500.420.540.470.390.97
Employee cost0.130.100.150.130.130.100.14
EBITDA(0.25)(0.50)(0.42)(0.54)(0.47)(0.39)(0.97)
Depreciation0.160.160.160.160.180.240.24
Interest0.000.000.000.000.000.000.00
Profit before tax(0.41)(0.66)(0.58)(0.70)(0.65)(0.62)(1.19)
Tax0.000.000.000.000.000.000.00
Net profit(0.41)(0.66)(0.58)(0.70)(0.65)(0.62)(1.19)
EPS (₹)(0.07)(0.11)(0.10)(0.11)(0.11)(0.10)(0.19)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital30.6930.6930.6930.6930.6930.6930.69
Reserves & surplus(33.34)(32.93)(32.27)(31.69)(30.99)(30.34)(29.69)
Shareholders' funds (net worth)(2.65)(2.24)(1.58)(1.00)(0.30)0.351.00
Secured loans0.000.000.000.000.000.000.00
Unsecured loans9.168.858.286.576.576.576.55
Total debt9.168.858.286.576.576.576.55
Total liabilities6.506.616.705.576.276.927.54
Assets
Gross block80.6380.6380.6380.6380.6980.6980.69
Net block4.915.075.235.385.545.715.95
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances0.040.03(0.02)0.030.120.030.08
Loans & advances0.090.090.070.070.070.070.10
Total current assets0.130.120.050.100.190.100.18
Total current liabilities0.200.250.241.571.170.620.36
Net working capital(0.07)(0.13)(0.19)(1.47)(0.98)(0.52)(0.18)
Total assets6.506.616.705.576.276.927.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.01(0.05)0.000.090.000.060.01
Net cash from operating activities(0.31)(2.15)(0.05)(0.09)0.09(0.05)0.04
Net cash from investing activities0.000.000.000.000.000.000.00
Net cash from financing activities0.312.200.000.000.000.000.00
Net change in cash0.000.06(0.05)(0.09)0.09(0.05)0.04
Closing cash0.040.03(0.02)0.030.120.030.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
EBITDA growth+50.0%-19.1%+22.2%-14.9%-20.5%+59.8%-
PBT growth+37.9%-13.8%+17.1%-7.7%-4.8%+47.9%-
Net income growth+37.9%-13.8%+17.1%-7.7%-4.8%+47.9%-
EBITDA CAGR (3Y)-22.6%+2.1%+2.5%-17.7%-41.1%-17.7%+7.5%
Profitability & leverage
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.000.000.000.00262.809.723.52
Long-term debt / equity0.000.000.000.00262.809.723.52
Interest cover0.000.000.000.000.000.000.00
Efficiency & per share
Fixed asset turnover0.000.000.000.000.000.000.00
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)(0.07)(0.11)(0.10)(0.11)(0.11)(0.10)(0.19)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(0.43)(0.37)(0.26)(0.16)(0.05)0.060.16
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Auditor Details of Gem Spinners India Limited

Gem Spinners India Limited is audited by Vivekanandan Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
Vivekanandan AssociatesLockedLockedLocked
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Board of Directors of Gem Spinners India Limited

Gem Spinners India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Srinivasan GopalDirector18 Sep 201214 Years 0 MonthsCurrent
Rangaswami VeeramaniManaging Director06 Dec 199332 Years 10 MonthsCurrent
RaniAdditional Director30 May 20251 Years 4 MonthsCurrent
SakthivelDirector01 Apr 20242 Years 6 MonthsCurrent

Shareholding Pattern of Gem Spinners India Limited

Shareholding for the quarter ended Mar 2026: promoters hold 72.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 8.00% and retail and other public shareholders hold 19.10%.

Promoters: 72.90%DII (Domestic Institutional): 8.00%Retail & Others: 19.10%
Mar 2026
QUARTER
72.90% Promoters
8.00% DII (Domestic Institutional)
19.10% Retail & Others
Promoter holding - history
Now 72.90% · Mar 2026High 72.90% · Jun 2025Low 72.90% · Jun 2025
71%71.8%72.5%73.3%74%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 72.90%Sep 2025: 72.90%Dec 2025: 72.90%Mar 2026: 72.90%72.90%72.90%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters72.90%72.90%72.90%72.90%
Public27.10%27.10%27.10%27.10%

Charges & Borrowings of Gem Spinners India Limited

Open charges
None
Satisfied charges
₹127.21 Cr
Breakdown by lending institutions
Indian Overseas Bank₹85.51 Cr
State Bank of India₹20.40 Cr
Industrial Develoment Bank of India₹14.40 Cr
Sundaram Finance Limited₹2.97 Cr
Sundaram Finance Ltd₹2.38 Cr
Others₹1.55 Cr
Latest charge details
DateLenderAmountStatus
20 Jul 2011Indian Overseas Bank₹42.5 CrSatisfied
30 Dec 2010Sundaram Finance Limited₹6.89 LakhSatisfied
04 Nov 2010Indian Overseas Bank₹3 CrSatisfied
08 Apr 2010Sundaram Finance Limited₹2.42 CrSatisfied
16 Sep 2008Sundaram Finance Limited₹43.55 LakhSatisfied

Total charge records: 16 View all charges

Associated Brands with Gem Spinners India Limited

Gem Spinners India operates one associated brand: Gem Spinners. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of yarn, fabrics and garmentsgemspin.com

Employees and EPFO Compliance at Gem Spinners India Limited

Gem Spinners India Limited has a workforce of 3 employees as of Apr 06, 2024.

Employee count
3
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Gem Spinners India Limited

Gem Spinners India has one previous CIN (Corporate Identification Number): U17111TN1990PLC019791. The current CIN is L17111TN1990PLC019791, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17111TN1990PLC019791Current
U17111TN1990PLC019791Previous

Recent Activity on Gem Spinners India Limited

Gem Spinners India Limited has 25 board changes on record since 1993: 15 appointments and 10 cessations. The latest: Rani was appointed as Additional Director on 30 May 2025.

AGM
Gem Spinners India Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records.
Appointed
Rani was appointed as Additional Director.
Filing
Gem Spinners India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Pushpadant Parisappa Doddanavar ceased to be Director.
Appointed
Sakthivel was appointed as Director.
Charges
A charge registered on 30 Dec 2010 via Charge ID 10264856 with Sundaram Finance Limited was fully satisfied on 14 Jan 2016.
Charges
A charge registered on 08 Apr 2010 via Charge ID 10219884 with Sundaram Finance Limited was fully satisfied on 14 Jan 2016.
Appointed
Poorana Juliet was appointed as Director.
Ceased
Krishna Murari Lal ceased to be Director.
Charges
A charge registered on 20 Jul 2011 via Charge ID 10304755 with Indian Overseas Bank was fully satisfied on 23 Apr 2013.
Charges
A charge registered on 04 Nov 2010 via Charge ID 10255783 with Indian Overseas Bank was fully satisfied on 23 Apr 2013.
Charges
A charge registered on 08 Feb 1995 via Charge ID 90304895 with Indian Overseas Bank was fully satisfied on 23 Apr 2013.

52 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Gem Spinners India Limited

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MSME Payment Delays by Gem Spinners India Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Gem Spinners India Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Gem Spinners India Limited

Gem Spinners India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACG2498K1ZGTamil NaduActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Gem Spinners India Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Gem Spinners India Limited

Gem Spinners India is an active public limited company based in Kancheepuram, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 October 1990 (36+ years old) and is registered under CIN L17111TN1990PLC019791. Listed on BSE: 521133.

Gem Spinners India has 4 current directors:

The GSTIN of Gem Spinners India is 33AAACG2498K1ZG, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Gem Spinners India is L17111TN1990PLC019791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Gem Spinners India is listed on BSE with code 521133.

Gem Spinners India has 19 court cases on record: 12 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.

Gem Spinners India was incorporated on 18 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.

Rani was appointed as Additional Director on 30 May 2025. Pushpadant Parisappa Doddanavar ceased to be Director on 01 Apr 2024. Sakthivel was appointed as Director on 01 Apr 2024. Gem Spinners India has 25 board changes on record in total.

Gem Spinners India can be reached through the website gemspin.com. Its registered office is in Kancheepuram, Tamil Nadu, India.

The registered office of Gem Spinners India is at No 14 Mangalam Villagemadurathagam Taluk Kancheepuram District, Tamil Nadu, India – 603107.

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