About Katare Spinning Mills Limited
Data last updated: 14 July 2026
Katare Spinning Mills Limited is a public limited company based in Solapur, Maharashtra, India. It specialises in solar energy solutions, a part of the broader environmental services sector. Incorporated on 08 August 1980, the company has been in operation for over 46 years.
Registered with ROC Pune under CIN L17119PN1980PLC022962. Listed on BSE: 502933.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹2.85 Cr. It is led by directors including Vilas Ramakant Shendge and Umakant Mahadevrao Mahindrakar.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 14/30 Ground Floor B Wing Katare Complex Gandhinagar Bl. No. 10, Solapur, Maharashtra, India – 413006.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹2.79 Cr, a decline of 45.59% compared to the previous year. The net worth stands at ₹113.69 Cr (down 1.87% YoY). Total assets are valued at ₹118.74 Cr (down 1.62% YoY).
The company has a workforce of approximately 41 employees as per the latest available data.
The company is associated with 1 brand - Katare Spinning Mills Limited. As per MCA filings, the company has satisfied charges of ₹20.11 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website katarespinningmillslimited.com.
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Registered Address14/30 Ground Floor B Wing Katare Complex Gandhinagar Bl. No. 10, Solapur, Maharashtra, India – 413006
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IndustryEnvironment, Solar Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Katare Spinning Mills Limited
Katare Spinning Mills Limited has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17119PN1980PLC022962, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17119PN1980PLC022962 | Current |
| U17119PN1980PTC022962 | Previous |
| U17119PN1980PLC022962 | Previous |
| U17119MH1980PTC022962 | Previous |
| L17119MH1980PTC022962 | Previous |
Associated Brands with Katare Spinning Mills Limited
Katare Spinning Mills Limited operates one associated brand: Katare Spinning Mills Limited. These brands represent Katare Spinning Mills Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Spinning mill operations, yarn production, and solar power projects in India. | katarespinningmills.com |
Business Activity of Katare Spinning Mills Limited
Katare Spinning Mills Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Katare Spinning Mills Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Katare Spinning Mills Limited
Katare Spinning Mills Limited is audited by CA GANESH M PAWLE (ICAI peer reviewed, certificate valid till 2026-09-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| CA GANESH M PAWLE (ICAI peer reviewed, certificate valid till 2026-09-30) | FY 2026 | Statement on impact of audit qualification |
Board of Directors of Katare Spinning Mills Limited
Katare Spinning Mills Limited is currently managed by 5 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Vilas Ramakant Shendge
Also directs:
Katare Spinning Mills Limited
|
Director | 11 Apr 2019 | 7 Years 5 Months | Current |
|
Umakant Mahadevrao Mahindrakar
Also directs:
Katare Spinning Mills Limited
|
Director | 12 Aug 2006 | 20 Years 1 Months | Current |
| Vidyavati Kishore Katare | Director | 28 Feb 2015 | 11 Years 6 Months | Current |
| Kishore Tippanna Katare | Managing Director | 08 Aug 1980 | 46 Years 1 Months | Current |
|
Yadgiri Narayan Konda
Also directs:
Katare Spinning Mills Limited
|
Director | 30 Apr 2024 | 2 Years 4 Months | Current |
Financials of Katare Spinning Mills Limited FY 2026 filings available
Katare Spinning Mills Limited reported revenue of ₹2.79 Cr (down 45.59% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.79 Cr | ₹5.12 Cr | ₹4 Cr | ₹7.07 Cr | ₹3.46 Cr | ₹10.47 Cr | ₹31.33 Cr | ₹31.96 Cr |
| Other Income | ₹84.45 Lakh | ₹24.45 Lakh | ₹35.02 Lakh | ₹1.26 Cr | ₹24.49 Cr | ₹10.48 Lakh | ₹20.58 Lakh | ₹4.58 Cr |
| Total Income | ₹3.63 Cr | ₹5.36 Cr | ₹4.35 Cr | ₹8.34 Cr | ₹27.95 Cr | ₹10.57 Cr | ₹31.53 Cr | ₹36.54 Cr |
| Cost of Materials Consumed | ₹2.96 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹4.35 Cr | ₹4.7 Cr |
| Purchases of Stock-in-Trade | ₹1.84 Cr | ₹4.59 Cr | ₹2.93 Cr | ₹6.51 Cr | ₹2.93 Cr | ₹9.22 Cr | ₹24.48 Cr | ₹25.3 Cr |
| Changes in Inventories | ₹58.36 Lakh | -₹2.9 Lakh | ₹31.64 Lakh | ₹0 | ₹19.82 Lakh | ₹32.14 Lakh | ₹62.8 Lakh | -₹80.87 Lakh |
| Employee Benefit Expense | ₹23.16 Lakh | ₹23.02 Lakh | ₹79.15 Lakh | ₹24.42 Lakh | ₹18.9 Lakh | ₹20.13 Lakh | ₹69.6 Lakh | ₹95.57 Lakh |
| Finance Costs | ₹38.66 Lakh | ₹33.53 Lakh | ₹30.69 Lakh | ₹13.41 Lakh | ₹97.4 Lakh | ₹60.04 Lakh | ₹63.79 Lakh | ₹3.24 Cr |
| Depreciation & Amortisation | ₹1.31 Cr | ₹1.31 Cr | ₹1.3 Cr | ₹1.37 Cr | ₹1.36 Cr | ₹87.4 Lakh | ₹88.75 Lakh | ₹86.59 Lakh |
| Other Expenses | ₹82.28 Lakh | ₹94.29 Lakh | ₹76.61 Lakh | ₹1.41 Cr | ₹7.34 Cr | ₹1.1 Cr | ₹2.08 Cr | ₹2.16 Cr |
| Total Expenses | ₹5.2 Cr | ₹7.38 Cr | ₹6.42 Cr | ₹9.68 Cr | ₹13 Cr | ₹12.31 Cr | ₹33.76 Cr | ₹36.4 Cr |
| Profit Before Exceptional Items & Tax | -₹1.57 Cr | -₹2.02 Cr | -₹2.06 Cr | -₹1.34 Cr | ₹14.95 Cr | -₹1.74 Cr | -₹2.23 Cr | ₹13.62 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹1.57 Cr | -₹2.02 Cr | -₹2.06 Cr | -₹1.34 Cr | ₹14.95 Cr | -₹1.74 Cr | -₹2.23 Cr | ₹13.62 Lakh |
| Total Tax Expense | ₹59.07 Lakh | -₹28.51 Lakh | -₹18.75 Lakh | ₹16.94 Lakh | ₹7.03 Cr | ₹0 | ₹0 | ₹3.76 Lakh |
| Net Profit | -₹2.16 Cr | -₹1.73 Cr | -₹1.87 Cr | -₹1.51 Cr | ₹7.92 Cr | -₹1.74 Cr | -₹2.23 Cr | ₹9.86 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹2.16 Cr | -₹1.73 Cr | -₹1.87 Cr | -₹1.51 Cr | ₹7.92 Cr | -₹1.74 Cr | -₹2.23 Cr | ₹9.86 Lakh |
| EBITDA (computed) | ₹11.95 Lakh | -₹37.1 Lakh | -₹45.32 Lakh | ₹16.65 Lakh | ₹17.29 Cr | -₹26.26 Lakh | -₹70.12 Lakh | ₹4.24 Cr |
| Basic EPS | ₹-7.59 | ₹-6.07 | ₹-6.57 | ₹-5.30 | ₹27.79 | ₹-0.61 | ₹-0.78 | ₹0.03 |
| Diluted EPS | ₹-7.59 | ₹-6.07 | ₹-6.57 | ₹-5.30 | ₹27.79 | ₹-0.61 | ₹-0.78 | ₹0.03 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹118.74 Cr | ₹120.69 Cr | ₹122.07 Cr | ₹124.16 Cr | ₹129.75 Cr | ₹31.82 Cr | ₹33.49 Cr | ₹41.99 Cr |
| Non-current Assets | ₹115.91 Cr | ₹117.2 Cr | ₹118.54 Cr | ₹119.88 Cr | ₹125.59 Cr | ₹27.38 Cr | ₹28.4 Cr | ₹29.15 Cr |
| Current Assets | ₹2.83 Cr | ₹3.5 Cr | ₹3.53 Cr | ₹4.28 Cr | ₹4.16 Cr | ₹4.44 Cr | ₹5.09 Cr | ₹12.84 Cr |
| Property, Plant & Equipment | ₹113.03 Cr | ₹114.32 Cr | ₹115.49 Cr | ₹116.72 Cr | ₹124.98 Cr | ₹17.19 Cr | ₹18.08 Cr | ₹17.91 Cr |
| Inventories | ₹82.69 Lakh | ₹1.44 Cr | ₹1.41 Cr | ₹1.73 Cr | ₹1.73 Cr | ₹1.93 Cr | ₹2.26 Cr | ₹2.88 Cr |
| Trade Receivables | ₹1.58 Cr | ₹1.61 Cr | ₹1.7 Cr | ₹2.13 Cr | ₹1.65 Cr | ₹1.87 Cr | ₹2.23 Cr | ₹2.01 Cr |
| Cash & Equivalents | ₹8 Lakh | ₹7.55 Lakh | ₹7.1 Lakh | ₹6.25 Lakh | ₹8.57 Lakh | ₹12.05 Lakh | ₹12.67 Lakh | ₹7.6 Cr |
| Equity (Net Worth) | ₹113.69 Cr | ₹115.86 Cr | ₹117.59 Cr | ₹119.46 Cr | ₹125.06 Cr | ₹95.72 Lakh | ₹2.69 Cr | ₹4.92 Cr |
| Equity Share Capital | ₹2.85 Cr | ₹2.85 Cr | ₹2.85 Cr | ₹2.85 Cr | ₹2.85 Cr | ₹2.85 Cr | ₹2.85 Cr | ₹2.85 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹3.16 Lakh | ₹3.16 Lakh | ₹3.16 Lakh | ₹3.16 Lakh | ₹3.16 Lakh | ₹2.82 Cr |
| Borrowings (Current) | ₹4.04 Cr | ₹4.3 Cr | ₹3.56 Cr | ₹3.33 Cr | ₹54.11 Lakh | ₹28.86 Cr | ₹28.98 Cr | ₹30.34 Cr |
| Total Debt (computed) | ₹4.04 Cr | ₹4.3 Cr | ₹3.6 Cr | ₹3.36 Cr | ₹57.27 Lakh | ₹28.9 Cr | ₹29.01 Cr | ₹33.16 Cr |
| Current Liabilities | ₹4.15 Cr | ₹4.45 Cr | ₹3.71 Cr | ₹3.47 Cr | ₹3.69 Cr | ₹30.32 Cr | ₹30.21 Cr | ₹33.57 Cr |
| Total Liabilities | ₹5.05 Cr | ₹4.84 Cr | ₹4.48 Cr | ₹4.7 Cr | ₹4.69 Cr | ₹30.87 Cr | ₹30.8 Cr | ₹37.07 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹18.32 Lakh | -₹49.19 Lakh | -₹20.47 Lakh | -₹4.11 Cr | ₹2.83 Cr |
| Investing Cash Flow | ₹83.26 Lakh | ₹10.12 Lakh | ₹28.14 Lakh | ₹1.36 Cr | ₹5.33 Lakh |
| Financing Cash Flow | -₹64.49 Lakh | ₹39.51 Lakh | -₹6.82 Lakh | ₹2.78 Cr | -₹2.86 Cr |
| Capital Expenditure | ₹1.19 Lakh | ₹19.35 Lakh | ₹7.72 Lakh | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹19.51 Lakh | -₹68.54 Lakh | -₹28.19 Lakh | -₹4.11 Cr | ₹2.83 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹45,000 | ₹44,000 | ₹85,500 | ₹3.59 Lakh | ₹1.85 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹97.62 Lakh | ₹1.02 Cr | ₹11.46 Lakh | ₹67.85 Lakh | ₹1.39 Cr | ₹2.11 Cr | ₹84.18 Lakh | ₹78 Lakh |
| Other Income | ₹72.73 Lakh | ₹4.16 Lakh | ₹3.91 Lakh | ₹3.66 Lakh | ₹20.73 Lakh | ₹5,000 | ₹1.03 Lakh | ₹2.64 Lakh |
| Total Income | ₹1.7 Cr | ₹1.06 Cr | ₹15.37 Lakh | ₹71.51 Lakh | ₹1.6 Cr | ₹2.11 Cr | ₹85.21 Lakh | ₹80.64 Lakh |
| Cost of Materials Consumed | ₹2.96 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹1.32 Cr | ₹0 | ₹0 | ₹52.33 Lakh | ₹1.18 Cr | ₹1.97 Cr | ₹77.65 Lakh | ₹66.73 Lakh |
| Changes in Inventories | ₹3.93 Lakh | ₹54.43 Lakh | ₹0 | ₹0 | -₹2.9 Lakh | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6.53 Lakh | ₹5.07 Lakh | ₹6.23 Lakh | ₹5.33 Lakh | ₹6.82 Lakh | ₹5.77 Lakh | ₹5.06 Lakh | ₹5.37 Lakh |
| Finance Costs | ₹38.26 Lakh | ₹13,000 | ₹14,000 | ₹13,000 | ₹33.14 Lakh | ₹12,000 | ₹14,000 | ₹13,000 |
| Depreciation & Amortisation | ₹32.4 Lakh | ₹32.79 Lakh | ₹32.73 Lakh | ₹32.73 Lakh | ₹32.33 Lakh | ₹32.86 Lakh | ₹33.11 Lakh | ₹32.62 Lakh |
| Other Expenses | ₹23.44 Lakh | ₹42.92 Lakh | ₹8.6 Lakh | ₹7.33 Lakh | ₹43.45 Lakh | ₹16.68 Lakh | ₹16.47 Lakh | ₹17.69 Lakh |
| Total Expenses | ₹2.4 Cr | ₹1.35 Cr | ₹47.7 Lakh | ₹97.85 Lakh | ₹2.31 Cr | ₹2.52 Cr | ₹1.32 Cr | ₹1.23 Cr |
| Profit Before Exceptional Items & Tax | -₹69.17 Lakh | -₹29.52 Lakh | -₹32.33 Lakh | -₹26.34 Lakh | -₹71.37 Lakh | -₹41.06 Lakh | -₹47.22 Lakh | -₹41.9 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹69.17 Lakh | -₹29.52 Lakh | -₹32.33 Lakh | -₹26.34 Lakh | -₹71.37 Lakh | -₹41.06 Lakh | -₹47.22 Lakh | -₹41.9 Lakh |
| Total Tax Expense | ₹59.07 Lakh | ₹0 | ₹0 | ₹0 | -₹28.51 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹1.28 Cr | -₹29.52 Lakh | -₹32.33 Lakh | -₹26.34 Lakh | -₹42.86 Lakh | -₹41.06 Lakh | -₹47.22 Lakh | -₹41.9 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹1.28 Cr | -₹29.52 Lakh | -₹32.33 Lakh | -₹26.34 Lakh | -₹42.86 Lakh | -₹41.06 Lakh | -₹47.22 Lakh | -₹41.9 Lakh |
| EBITDA (computed) | ₹1.49 Lakh | ₹3.4 Lakh | ₹54,000 | ₹6.52 Lakh | -₹5.9 Lakh | -₹8.08 Lakh | -₹13.97 Lakh | -₹9.15 Lakh |
| Basic EPS | ₹-4.50 | ₹-1.04 | ₹-1.13 | ₹-0.92 | ₹-1.50 | ₹-1.44 | ₹-1.66 | ₹-1.47 |
| Diluted EPS | ₹-4.50 | ₹-1.04 | ₹-1.13 | ₹-0.92 | ₹-1.50 | ₹-1.44 | ₹-1.66 | ₹-1.47 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Cotton Yarn | ₹91.59 Lakh | -₹21.01 Lakh | -₹33.34 Lakh | ₹67.41 Lakh |
| Solar Power Generation | ₹6.04 Lakh | -₹9.89 Lakh | -₹27.49 Lakh | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Cotton Yarn | ₹2.31 Cr | -₹1.02 Cr | - | - |
| Solar Power Generation | ₹47.9 Lakh | -₹16.76 Lakh | - | - |
Shareholding Pattern of Katare Spinning Mills Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 49.62%, domestic institutional investors hold 0.28%, retail and other public shareholders hold 50.10% of Katare Spinning Mills Limited. The company had 1,986 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 49.62% | 49.62% | 49.70% | 49.70% | 49.70% | 49.70% |
| Public | 50.38% | 50.38% | 50.30% | 50.30% | 50.30% | 50.30% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 49.62% | 49.70% | 49.84% |
| Public | 50.38% | 50.30% | 50.16% |
| Promoter change (YoY, %pts) | -0.08 | -0.14 | - |
Charges & Borrowings of Katare Spinning Mills Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2013 | Bank of India | ₹9 Cr | Satisfied |
| 30 Mar 2009 | Bank of India | ₹6.11 Cr | Satisfied |
| 14 Aug 1997 | The Industrial Credit and Ivestment | ₹5 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Katare Spinning Mills Limited
Katare Spinning Mills Limited has a workforce of 41 employees as of Apr 06, 2024.
Employee and EPFO history for Katare Spinning Mills Limited
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GST Compliance of Katare Spinning Mills Limited
GST registrations and filing compliance for Katare Spinning Mills Limited
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Credit Ratings, Litigation & Regulatory Alerts for Katare Spinning Mills Limited
Credit ratings, litigation, and regulatory alerts for Katare Spinning Mills Limited
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MSME Payment Delays by Katare Spinning Mills Limited
MSME payment history for Katare Spinning Mills Limited
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Subsidiaries & Group Companies of Katare Spinning Mills Limited
Corporate group structure for Katare Spinning Mills Limited
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MCA Filings & Documents of Katare Spinning Mills Limited
MCA filings and documents for Katare Spinning Mills Limited
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Recent Activity on Katare Spinning Mills Limited
Frequently Asked Questions about Katare Spinning Mills Limited
Katare Spinning Mills Limited is an active public limited company in the environment sector based in Solapur, Maharashtra, India. It was incorporated on 08 August 1980 (46+ years old) and is registered under CIN L17119PN1980PLC022962. Listed on BSE: 502933. The company has 41 employees.
Katare Spinning Mills Limited reported revenue of ₹2.79 Cr for FY 2026 (down 45.59% YoY) based on standalone BSE filings.
The current directors of Katare Spinning Mills Limited are:
- Vilas Ramakant Shendge - Director
- Umakant Mahadevrao Mahindrakar - Director
- Vidyavati Kishore Katare - Director
- Kishore Tippanna Katare - Managing Director
- Yadgiri Narayan Konda - Director
The primary industry of Katare Spinning Mills Limited is environment. The company specifically operates in solar energy solutions. The company is currently active in this sector.
Yes. Katare Spinning Mills Limited is listed on BSE with code 502933.
Katare Spinning Mills Limited can be reached at the registered office: 1430 Ground Floor B Wing Katare Complex Gandhinagar Bl. No. 10, Solapur, Maharashtra, India – 413006, or through the website katarespinningmillslimited.com.