
Mac Spin Foundation
About Mac Spin Foundation
Data last updated:
Mac Spin Foundation is a public not for profit company based in Chennai, Tamil Nadu, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 18 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U99000TN1992NPL022201.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹90. It is led by directors including Balaji Lakshminarayanan Koduvayur and Annamalai Muthiah Chidambaram.
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 South India House 73 (36 – 40) Armenian Street, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.41 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹72,695 (net margin 8.6%) and EBITDA of -₹2.18 Lakh (EBITDA margin -26%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 38% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mac Spin Foundation has one previous CIN (Corporate Identification Number): U99000TN1992PLC022201. The current CIN is U99000TN1992NPL022201, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99000TN1992NPL022201 | Current |
| U99000TN1992PLC022201 | Previous |
Contact details
Mac Spin Foundation's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressSouth India House 73 (36 – 40) Armenian Street, Chennai, Tamil Nadu, India – 600001
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Mac Spin Foundation, buy the company report.
- 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
Financials of Mac Spin Foundation
FY 2025 filings availableMac Spin Foundation reported revenue of ₹8.41 Lakh (down 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 53% fall 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.41 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72,695 | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26% | ||||
| Net Profit Margin | 8.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mac Spin Foundation, buy the company report.
Board of directors of Mac Spin Foundation
Mac Spin Foundation has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Lakshminarayanan Koduvayur | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Annamalai Muthiah Chidambaram Also directs: Acm Educational Foundation, Acm Medical Foundation | Director | 01 Dec 2001 | 24 Years 10 Months | Current |
| Veluswamy Aralliappa Asari Veluswamy | Director | 09 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Mac Spin Foundation is audited by C N G S N & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N G S N & ASSOCIATES LLP | FY 2019 | 004915S |
Shareholding
The shareholding of Mac Spin Foundation is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mac Spin Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Mac Spin Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mac Spin Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mac Spin Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mac Spin Foundation has 10 board changes on record since 2001: 4 appointments and 6 cessations. The latest: Veluswamy Aralliappa Asari Veluswamy ceased to be Additional Director on 29 Sep 2025.
1 earlier event is in the company report.
Frequently asked questions
Mac Spin Foundation is an active public not for profit company based in Chennai, Tamil Nadu, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 18 February 1992 (34+ years old) and is registered under CIN U99000TN1992NPL022201.
Mac Spin Foundation has 3 current directors:
- Balaji Lakshminarayanan Koduvayur - Director
- Annamalai Muthiah Chidambaram - Director
- Veluswamy Aralliappa Asari Veluswamy - Director
The latest financial statements of Mac Spin Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mac Spin Foundation is U99000TN1992NPL022201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mac Spin Foundation was incorporated on 18 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
Veluswamy Aralliappa Asari Veluswamy ceased to be Additional Director on 29 Sep 2025. Veluswamy Aralliappa Asari Veluswamy was appointed as Director on 09 Jun 2025. Balaji Lakshminarayanan Koduvayur ceased to be Additional Director on 09 Oct 2020. Mac Spin Foundation has 10 board changes on record in total.
The registered office of Mac Spin Foundation is at South India House 73 36 – 40 Armenian Street, Chennai, Tamil Nadu, India – 600001.
Mac Spin Foundation operates in the travel and hospitality industry, in the consumer professional services segment.
The compliance status of Mac Spin Foundation is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.
Mac Spin Foundation can be reached at its registered office: South India House 73 36 – 40 Armenian Street, Chennai, Tamil Nadu, India – 600001.