Shanthala Spherocast Private Limited

Shanthala Spherocast Private Limited - manufacturing in Shimoga, Karnataka, India. FY 2026 financials & compliance.
CIN U35105KA1984PTC006054 Incorporated 27 April 1984 ROC Bangalore HQ Shimoga, Karnataka, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹148.19 Cr
▲ 9% YoY
Net profit · FY 2025
₹2.68 Cr
Net margin 1.8%
EBITDA · FY 2025
₹11.21 Cr
EBITDA margin 7.6%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹1,21,064 Cr
Satisfied ₹8.52 Cr
Company age
42 yrs
Est. 1984
Directors on board
11
As per MCA filings

About Shanthala Spherocast Private Limited

Data last updated:

Shanthala Spherocast Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 27 April 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35105KA1984PTC006054. Its GSTIN is 29AACCS4281N1ZS (Karnataka).

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Shanthala Ductile & Grey Iron Foundry P Ltd. It is led by directors including Doddamane Basavaraj Ashok (Managing Director) and Nidige Gowda Basavalingappa.

Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #36 – B Shimoga – Bhadravathi Industrial Area Machenahalli Nidige Post, Karnataka, India – 577222.

As per the financials filed for FY 2025, the company reported a revenue of ₹148.19 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.68 Cr (net margin 1.8%) and EBITDA of ₹11.21 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.

The company is associated with 1 brand: Shanthala Spherocast. As per MCA filings, the company has open charges of ₹1,21,064 Cr and satisfied charges of ₹8.52 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 1 case is pending. The company has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.82 Cr; the latest was in May 2023. Its 9 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Blue Star Malleable Private Limited with revenue of ₹153.26 Cr. The company has 13 MSME Form 1 returns on record between 2018 and 2024, listing 912 overdue payments to 34 micro and small suppliers.

Shanthala Spherocast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0000692). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shanthalaspherocast.com.

Company details

CIN U35105KA1984PTC006054
Registration Number 006054
Incorporation Date 27 April 1984
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-24-0000692

CIN history

Shanthala Spherocast has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35105KA1984PTC006054, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U35105KA1984PTC006054Current
U85110KA1984PTC006054Previous
U27310KA1984PTC006054Previous

Recognitions & Rankings of Shanthala Spherocast

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-24-0000692

Contact details

Shanthala Spherocast Private Limited's registered office is in Shimoga, Karnataka.

  • Social Media
  • Registered Address
    #36 – B Shimoga – Bhadravathi Industrial Area Machenahalli Nidige Post, Karnataka, India – 577222
  • Industry
    Manufacturing, Die Casting & Metal Forming
Comprehensive company report
Shanthala Spherocast Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Shanthala Spherocast operates one associated brand: Shanthala Spherocast. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures iron castings for industrial applications like engines and machinery.shanthalaspherocast.com

Business activity

The main business activity of Shanthala Spherocast is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Shanthala Spherocast Private Limited, buy the company report.

Financials of Shanthala Spherocast Private Limited

FY 2025 filings available

Shanthala Spherocast Private Limited reported revenue of ₹148.19 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹148.19 Cr ▲ 9%
Net profit · FY 2025
₹2.68 Cr margin 1.8%
EBITDA · FY 2025
₹11.21 Cr margin 7.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 8%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 37%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 9% growth in the latest year. EBITDA rose 16% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹11.21 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.68 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.6%
Net Profit Margin1.8%
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 Shanthala Spherocast Private Limited, buy the company report.

Board of directors of Shanthala Spherocast Private Limited

Shanthala Spherocast has 11 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nidige Gowda BasavalingappaDirector27 Apr 198442 Years 6 MonthsCurrent
Doddamane Gowda BasavarajDirector27 Apr 198442 Years 6 MonthsCurrent
Gurugadhahalli Shivalingaiah YogishkumarDirector27 Apr 198442 Years 6 MonthsCurrent
Doddamane Shivannagowda ChandrashekarDirector29 Jun 199135 Years 3 MonthsCurrent
Shivanna Gowda ShanthammaDirector27 Apr 198442 Years 6 MonthsCurrent
Shanthappanavara RudregowdaDirector27 Apr 198442 Years 6 MonthsCurrent
Showing 6 of 11 current directors. View all directors

Peer comparison

Shanthala Spherocast Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Blue Star Malleable Private Limited₹153.26 Cr (FY 2025)-12.0%Jamshedpur, Jharkhand, India
Shilpa Alloys Pvt. Ltd.₹152.03 Cr (FY 2025)39.0%Jaipur, Rajasthan, India
Amex Alloys Private Limited₹151.22 Cr (FY 2025)2.0%Coimbatore, Tamil Nadu, India
Mayura Steels Private Limited₹150.92 Cr (FY 2025)14.0%Kolhapur, Maharashtra, India
Shanthala Spherocast Private Limitedthis company₹148.19 Cr (FY 2025)₹2.68 Cr1.8%9.0%Shimoga, Karnataka, India
HNV Castings Private Limited₹147.74 Cr (FY 2025)2.0%New Delhi, Delhi, India
Shanti Foumach Private Limited₹146.16 Cr (FY 2025)6.0%Belgaum, Karnataka, India
Kuber Casting Private Limited₹141.73 Cr (FY 2025)-20.0%Fatehgarh Sahib, Punjab, India
Padmavati Castings Private Limited₹141.43 Cr (FY 2025)-4.0%Kolhapur, Maharashtra, India
Indo Shell Mould Limited₹138.45 Cr (FY 2024)-51.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Shanthala Spherocast Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1,21,064 Cr
Satisfied charges
₹8.52 Cr
Breakdown by lending institutions
State Bank of India₹121,059.92 Cr
Karnataka State Financial Corporation₹1.80 Cr
State Bank of Indai₹1.21 Cr
Others₹0.59 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jun 2024100937202Others₹17.8 LakhOpen
15 May 2024100922649Others₹10.5 LakhOpen
09 Nov 2023100820786Others₹31 LakhOpen
20 Jan 200190195553State Bank of India₹9.74 LakhOpen
23 Oct 200090192317Karnataka State Financial Corporation₹78 LakhOpen

To see the full charge records of Shanthala Spherocast Private Limited, buy the company report.

Total charge records: 22 View all charges

Deals & funding

Shanthala Spherocast Private Limited has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.82 Cr; the latest was in May 2023.

Total deals
7
Funding rounds
4
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹10.82 Cr

Deals on record (5 of 7)

WhenDealAmountParties
May 2023Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2015Rights issue₹1.56 CrInvestors: 4 individuals
Mar 2013Funding round₹3.03 CrInvestors: 4 individuals
Mar 2011Funding round₹2.97 CrInvestors: 4 individuals

To see the full deal history of Shanthala Spherocast Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Shanthala Spherocast Private Limited was last rated by Crisil on 25 Jun 2020.

Rating agencyRated onRating
Crisil25 Jun 2020

To see the full credit ratings and regulatory alerts of Shanthala Spherocast Private Limited, buy the company report.

MSME payment delays

Shanthala Spherocast Private Limited has 13 MSME Form 1 returns on record between 2018 and 2024, listing 912 overdue payments to 34 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 34)

SupplierAmount dueDue sinceReported on
Vinayaka Engineering Services
Industrial Packers
Seimitsu Patterns and Dies Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Shanthala Spherocast Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Shanthala Spherocast has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCS4281N1ZSKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Shanthala Spherocast Private Limited, buy the company report.

Recent activity

Shanthala Spherocast Private Limited has 18 board changes on record since 1984: 11 appointments and 7 cessations. The latest: Doddamane Chandrashekar Vinay ceased to be Additional Director on 20 Aug 2025.

Charges
A charge with State Bank Of India of Rs. 59.33 Cr registered on 15 May 1996 with Charge ID 90195325 was modified on 30 Aug 2025.
AGM
Shanthala Spherocast Private Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.
Ceased
Doddamane Chandrashekar Vinay ceased to be Additional Director.
Ceased
Sheela Chandrashekar ceased to be Director.
Appointed
Doddamane Chandrashekar Vinay was appointed as Director.
Filing
Shanthala Spherocast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 06 Jun 2022 via Charge ID 100584758 with State Bank Of India was fully satisfied on 15 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100937202 was registered on 20 Jun 2024.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100922649 was registered on 15 May 2024.
Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 100820786 was registered on 09 Nov 2023.
Charges
A charge with State Bank Of India amounted to Rs. 3.25 Cr with Charge ID 100584758 was registered on 06 Jun 2022.
Ceased
Rajani Sathish ceased to be Director.

44 earlier events are in the company report.

Frequently asked questions

Shanthala Spherocast is an active private limited company based in Shimoga, Karnataka, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 27 April 1984 (42+ years old) and is registered under CIN U35105KA1984PTC006054.

The latest financial statements of Shanthala Spherocast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Shanthala Spherocast is 29AACCS4281N1ZS, registered in Karnataka.

The CIN (Corporate Identification Number) of Shanthala Spherocast is U35105KA1984PTC006054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shanthala Spherocast has 10 court cases on record: 3 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.

Shanthala Spherocast was incorporated on 27 April 1984, making it 42+ years old. It is registered with the Registrar of Companies, Bangalore.

Shanthala Spherocast has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.82 Cr; the latest was in May 2023.

The peers of Shanthala Spherocast by revenue are Blue Star Malleable Private Limited, Shilpa Alloys Pvt. Ltd, Amex Alloys Private Limited, Mayura Steels Private Limited, HNV Castings Private Limited and 4 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).

Doddamane Chandrashekar Vinay ceased to be Additional Director on 20 Aug 2025. Sheela Chandrashekar ceased to be Director on 20 Jul 2025. Doddamane Chandrashekar Vinay was appointed as Director on 01 Apr 2025. Shanthala Spherocast has 18 board changes on record in total.

Yes, Shanthala Spherocast is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-24-0000692).

Shanthala Spherocast has 13 MSME Form 1 returns on record between 2018 and 2024, listing 912 overdue payments to 34 micro and small suppliers. The latest return was filed on 02 May 2024.