About Modulus Springs Private Limited
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Modulus Springs Private Limited is a private limited company based in Himachal Pradesh, India. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 15 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U29130HP1998PTC021287. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rajan Dhir (Managing Director) and Jyoti Dhir.
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 Kasuli Roadsector 4 Parwanoo, Himachal Pradesh, India – 173220.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.41 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹62,500 (net margin 26%) and EBITDA of ₹62,500 (EBITDA margin 26%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 18% over five years.
As per MCA filings, the company has satisfied charges of ₹2.59 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modulusindia.com.
Company details
Contact details
Modulus Springs Private Limited's registered office is in Himachal Pradesh. Its website is modulusindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKasuli Roadsector 4 Parwanoo, Himachal Pradesh, India – 173220
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Modulus Springs Private Limited, 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
Business activity
The main business activity of Modulus Springs is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Modulus Springs Private Limited, buy the company report.
Financials of Modulus Springs Private Limited
FY 2025 filings availableModulus Springs Private Limited reported revenue of ₹2.41 Lakh (down 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 74% fall in the latest year. EBITDA fell 91% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹62,500 | ||||
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| Net Profit (PAT) | ₹62,500 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 26% | ||||
| Net Profit Margin | 26% | ||||
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To see the full financial statements and ratios of Modulus Springs Private Limited, buy the company report.
Board of directors of Modulus Springs Private Limited
Modulus Springs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Dhir Also directs: Modulus Cosmetics Private Limited | Director | 15 Apr 1998 | 28 Years 6 Months | Current |
| Rajan Dhir | Managing Director | 15 Apr 1998 | 28 Years 6 Months | Current |
Peer comparison
Modulus Springs Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Fruits and Vegetables, Springs), with the same principal business activity (production of crops and animals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Loam Plant Farming Private Limited | ₹2.46 Lakh (FY 2025) | -61.0% | Haldwani, Uttarakhand, India | |||
| Parassala Banana Export Farmer Producer Company Limited | ₹2.43 Lakh (FY 2023) | 507.0% | Thiruvananthapuram, Kerala, India | |||
| Modulus Springs Private Limitedthis company | ₹2.41 Lakh (FY 2024) | ₹62,500 | 26% | -74.0% | Himachal Pradesh, India | |
| Maa Bhawani Vegetable Producer Company Limited | ₹2.4 Lakh (FY 2022) | 8.0% | Jamui, Bihar, India |
To see the full peer comparison of Modulus Springs Private Limited, buy the company report.
Auditor
Modulus Springs Private Limited is audited by BUDH KUMAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BUDH KUMAR & ASSOCIATES | FY 2021 | 020443N |
Shareholding
The shareholding of Modulus Springs Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Modulus Springs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2013 | 10399956 | Bank of Baroda | ₹30 Lakh | Satisfied | |
| 13 Jul 2007 | 10062309 | Member Secretary | ₹11.68 Lakh | Satisfied | |
| 30 Dec 2004 | 90170072 | Bank of Baroda | ₹60 Lakh | Satisfied | |
| 30 Dec 2004 | 90312169 | Bank of Baroda | ₹45 Lakh | Satisfied | |
| 12 Dec 2003 | 90169880 | Bank of Baroda | ₹16 Lakh | Satisfied |
To see the full charge records of Modulus Springs Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Modulus Springs Private Limited has 4 court cases on record: 4 filed by Modulus Springs. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Court case (CO.P) | Filed by the company against Greenchef Manufactureres and Distributors Private Limited(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Court case (COAPP) | Filed by the company against Greenchef Manufactureres and Distributors Private Limited(Not Applicable) | Disposed |
To see the full case history of Modulus Springs Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modulus Springs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modulus Springs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Modulus Springs Private Limited, buy the company report.
Recent activity
Modulus Springs Private Limited has 5 board changes on record since 1998: 2 appointments and 3 cessations. The latest: Vikas Kumar Sukhlal Jain ceased to be Additional Director on 01 Jun 2015.
26 earlier events are in the company report.
Frequently asked questions
Modulus Springs is an active private limited company based in Himachal Pradesh, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 15 April 1998 (28+ years old) and is registered under CIN U29130HP1998PTC021287.
Modulus Springs has 2 current directors:
- Rajan Dhir - Managing Director
- Jyoti Dhir - Director
The latest financial statements of Modulus Springs 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.
No. Modulus Springs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Modulus Springs is U29130HP1998PTC021287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modulus Springs has 4 court cases on record: 4 filed by the company.
Modulus Springs was incorporated on 15 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Modulus Springs by revenue are Loam Plant Farming Private Limited, Parassala Banana Export Farmer Producer Company Limited, Maa Bhawani Vegetable Producer Company Limited, all in the Agriculture industry (Fruits and Vegetables, Springs), with the same principal business activity (production of crops and animals).
Vikas Kumar Sukhlal Jain ceased to be Additional Director on 01 Jun 2015. Asha Rani ceased to be Director on 01 Nov 2013. Sardari Lal ceased to be Director on 29 May 2013. Modulus Springs has 5 board changes on record in total.
Modulus Springs can be reached through the website modulusindia.com. Its registered office is in Himachal Pradesh, India.
The registered office of Modulus Springs is at Kasuli Roadsector 4 Parwanoo, Himachal Pradesh, India – 173220.