About Gem Spinners India Limited
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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.
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- Registered AddressNo 14 Mangalam Villagemadurathagam Taluk Kancheepuram District, Tamil Nadu, India – 603107
- IndustryManufacturing, Textile & Fabric Production
- 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
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 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 assets | 6.50 | 6.61 | 6.70 | 5.57 | 6.27 | 6.92 | 7.54 |
| Net worth | (2.65) | (2.24) | (1.58) | (1.00) | (0.30) | 0.35 | 1.00 |
| Total debt | 9.16 | 8.85 | 8.28 | 6.57 | 6.57 | 6.57 | 6.55 |
| Cash & bank | 0.04 | 0.03 | (0.02) | 0.03 | 0.12 | 0.03 | 0.08 |
| 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 investing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing | 0.31 | 2.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.08 | 0.05 | 0.05 | 0.05 | 0.10 | 0.14 | 0.10 | 0.06 |
| EBITDA | (0.08) | (0.05) | (0.05) | (0.05) | (0.10) | (0.14) | (0.10) | (0.06) |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.12) | (0.09) | (0.09) | (0.09) | (0.14) | (0.18) | (0.14) | (0.10) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.08 | 0.05 | 0.05 | 0.05 | 0.10 | 0.14 | 0.10 | 0.06 |
| EBITDA | (0.08) | (0.05) | (0.05) | (0.05) | (0.10) | (0.14) | (0.10) | (0.06) |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.12) | (0.09) | (0.09) | (0.09) | (0.14) | (0.18) | (0.14) | (0.10) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
| Total expenses | 0.25 | 0.50 | 0.42 | 0.54 | 0.47 | 0.39 | 0.97 |
| Employee cost | 0.13 | 0.10 | 0.15 | 0.13 | 0.13 | 0.10 | 0.14 |
| EBITDA | (0.25) | (0.50) | (0.42) | (0.54) | (0.47) | (0.39) | (0.97) |
| Depreciation | 0.16 | 0.16 | 0.16 | 0.16 | 0.18 | 0.24 | 0.24 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.41) | (0.66) | (0.58) | (0.70) | (0.65) | (0.62) | (1.19) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 |
| 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) | 0.35 | 1.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 9.16 | 8.85 | 8.28 | 6.57 | 6.57 | 6.57 | 6.55 |
| Total debt | 9.16 | 8.85 | 8.28 | 6.57 | 6.57 | 6.57 | 6.55 |
| Total liabilities | 6.50 | 6.61 | 6.70 | 5.57 | 6.27 | 6.92 | 7.54 |
| Assets | |||||||
| Gross block | 80.63 | 80.63 | 80.63 | 80.63 | 80.69 | 80.69 | 80.69 |
| Net block | 4.91 | 5.07 | 5.23 | 5.38 | 5.54 | 5.71 | 5.95 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.04 | 0.03 | (0.02) | 0.03 | 0.12 | 0.03 | 0.08 |
| Loans & advances | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 | 0.07 | 0.10 |
| Total current assets | 0.13 | 0.12 | 0.05 | 0.10 | 0.19 | 0.10 | 0.18 |
| Total current liabilities | 0.20 | 0.25 | 0.24 | 1.57 | 1.17 | 0.62 | 0.36 |
| Net working capital | (0.07) | (0.13) | (0.19) | (1.47) | (0.98) | (0.52) | (0.18) |
| Total assets | 6.50 | 6.61 | 6.70 | 5.57 | 6.27 | 6.92 | 7.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | (0.05) | 0.00 | 0.09 | 0.00 | 0.06 | 0.01 |
| Net cash from operating activities | (0.31) | (2.15) | (0.05) | (0.09) | 0.09 | (0.05) | 0.04 |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash from financing activities | 0.31 | 2.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 0.00 | 0.06 | (0.05) | (0.09) | 0.09 | (0.05) | 0.04 |
| Closing cash | 0.04 | 0.03 | (0.02) | 0.03 | 0.12 | 0.03 | 0.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 262.80 | 9.72 | 3.52 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 262.80 | 9.72 | 3.52 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (0.07) | (0.11) | (0.10) | (0.11) | (0.11) | (0.10) | (0.19) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (0.43) | (0.37) | (0.26) | (0.16) | (0.05) | 0.06 | 0.16 |
Auditor Details of Gem Spinners India Limited
Gem Spinners India Limited is audited by Vivekanandan Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vivekanandan Associates | 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 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Gopal Also directs: Gem Holiday Resorts Limited., Gem Graphites Private Limited, Shanmugha Granite Industries Private Limited and 3 more | Director | 18 Sep 2012 | 14 Years 0 Months | Current |
| Rangaswami Veeramani Also directs: Imperial Granites Private Limited, Gem Stone Beach Resorts Private Limited, Veeramani Minerals Private Limited and 5 more | Managing Director | 06 Dec 1993 | 32 Years 10 Months | Current |
| Rani | Additional Director | 30 May 2025 | 1 Years 4 Months | Current |
| Sakthivel | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
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%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 72.90% | 72.90% | 72.90% | 72.90% |
| Public | 27.10% | 27.10% | 27.10% | 27.10% |
Charges & Borrowings of Gem Spinners India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2011 | Indian Overseas Bank | ₹42.5 Cr | Satisfied |
| 30 Dec 2010 | Sundaram Finance Limited | ₹6.89 Lakh | Satisfied |
| 04 Nov 2010 | Indian Overseas Bank | ₹3 Cr | Satisfied |
| 08 Apr 2010 | Sundaram Finance Limited | ₹2.42 Cr | Satisfied |
| 16 Sep 2008 | Sundaram Finance Limited | ₹43.55 Lakh | Satisfied |
Total charge records: 16 View all charges
Legal Cases of Gem Spinners India Limited
Gem Spinners India Limited has 19 court cases on record: 12 filed by Gem Spinners India, 4 filed against it, 3 where it is another party. 2 cases are pending and 17 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 0 | 2 |
| District courts | 5 | 4 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against M/S.Cocoon Creatives | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against TN Pollution Control Board | Pending |
| District court, Hyderabad CCC, Telangana | Court case (S.O.P) | Company is another party | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Gem Spinners India Limited
Gem Spinners India operates one associated brand: Gem Spinners. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of yarn, fabrics and garments | gemspin.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 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.
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.
| CIN | Status |
|---|---|
| L17111TN1990PLC019791 | Current |
| U17111TN1990PLC019791 | Previous |
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.
52 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gem Spinners India 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 Gem Spinners India 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 Gem Spinners India 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 Gem Spinners India Limited
Gem Spinners India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACG2498K1ZG | Tamil Nadu | 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 Gem Spinners India 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 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:
- Rangaswami Veeramani - Managing Director
- Srinivasan Gopal - Director
- Rani - Additional Director
- Sakthivel - Director
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.