MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-29-0026918
SP Concare Private Limited - chemicals and materials in Miraj, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.73 Cr
▲ 15% YoY
Net loss · FY 2024
₹48.95 Lakh
Net margin -2.9%
EBITDA · FY 2024
₹29.88 Lakh
EBITDA margin 1.8%
Authorised capital
₹1.65 Cr
Registered with MCA
Paid-up capital
₹1.32 Cr
Issued & subscribed
Open charges
₹8.05 Cr
Satisfied ₹2.33 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
41
Provident fund records
About SP Concare Private Limited
Data last updated:
SP Concare Private Limited is a private limited company based in Miraj, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 28 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70102PN2011PTC139006. Its GSTIN is 27AAPCS5849D1ZW (Maharashtra).
The company has an authorised share capital of ₹1.65 Cr and a paid-up capital of ₹1.32 Cr. It is led by directors including Shrinivas Dhondiram Patil and Chandrashekhar Bhalchandra Dandekar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Miraj, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.73 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹48.95 Lakh (net margin -2.9%) and EBITDA of ₹29.88 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 37% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SP Concare. As per MCA filings, the company has open charges of ₹8.05 Cr and satisfied charges of ₹2.33 Cr on record. Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 8 cases are pending. The company has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.47 Cr; the latest was in July 2022. Its 10 peer companies in the Chemicals industry (Specialty Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Hermes Laboratories Private Limited with revenue of ₹17.16 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2022, listing 78 overdue payments to 28 micro and small suppliers.
SP Concare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0026918). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spconcare.com.
Company Details of SP Concare Private Limited
CIN U70102PN2011PTC139006
Registration Number 139006
Incorporation Date 28 March 2011
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-29-0026918
Key People
Shrinivas Dhondiram Patil Director Chandrashekhar Bhalchandra Dandekar Director Sebastian Juje Fernandes Director Recognitions & Rankings of SP Concare
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCs No 1471 Db House 1st Floor, Madhavnagar Road Kupwad (Mcorp.), Miraj, Maharashtra, India – 416416
- IndustryChemicals and Materials, Specialty Chemicals
Comprehensive company report
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Associated Brands with SP Concare Private Limited
SP Concare operates one associated brand: SP Concare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction chemicals are manufactured by SP Concare in India. | spconcare.com |
Business Activity of SP Concare Private Limited
The main business activity of SP Concare is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of SP Concare Private Limited FY 2024 filings available
SP Concare Private Limited reported revenue of ₹16.73 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹16.73 Cr ▲ 15%
Net loss · FY 2024
₹48.95 Lakh margin -2.9%
EBITDA · FY 2024
₹29.88 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR) of SP Concare Private Limited
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 63%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 1%
5 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 15% growth in the latest year. EBITDA fell 48% 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 of SP Concare Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹29.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹48.95 Lakh | •••• | •••• | •••• | •••• |
| 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 of SP Concare Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of SP Concare are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of SP Concare Private Limited
SP Concare has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrinivas Dhondiram Patil | Director | 28 Mar 2011 | 15 Years 6 Months | Current |
| Chandrashekhar Bhalchandra Dandekar | Director | 24 Feb 2022 | 4 Years 7 Months | Current |
| Sebastian Juje Fernandes | Director | 19 Apr 2025 | 1 Years 6 Months | Current |
| Vikram Babanrao Desai Also directs: Concrete Works Construction Chemicals Private Limited | Director | 19 Apr 2025 | 1 Years 6 Months | Current |
Peer Comparison of SP Concare Private Limited
SP Concare Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hermes Laboratories Private Limited | ₹17.16 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Doddaballapur, Karnataka, India |
| Doshion Poly Science Private Limited | ₹17.15 Cr (FY 2024) | •••• | •••• | 1115.0% | •••• | Ahmedabad, Gujarat, India |
| Unisol Chemtech Limited | ₹17.08 Cr (FY 2024) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Cico Polymers Private Limited | ₹17.04 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Mass Dyechem Private Limited | ₹16.84 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| SP Concare Private Limited this company | ₹16.73 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Miraj, Maharashtra, India |
| Vanshi Chemicals Private Limited | ₹16.64 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Tulip Chemicals Private Limited | ₹16.57 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Bhavnagar, Gujarat, India |
| Preeti Petrochem Private Limited | ₹16.56 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Panvel, Maharashtra, India |
| Shrimannarayan Enterprises Private Limited | ₹16.27 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Hyderabad, Telangana, India |
| M.N.Chemicals Limited | ₹16.13 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below SP Concare by revenue in the Chemicals industry (Specialty Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of SP Concare Private Limited
SP Concare Private Limited is audited by Kirtane & Pandit LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kirtane & Pandit LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of SP Concare Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of SP Concare Private Limited
Open charges
₹8.05 Cr
Satisfied charges
₹2.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2024 | Others | ₹3 Cr | Open |
| 15 Sep 2022 | Others | ₹4.7 Cr | Open |
| 15 Jan 2022 | Others | ₹35 Lakh | Open |
| 03 Aug 2020 | Others | ₹13.75 Lakh | Satisfied |
| 16 Jul 2020 | Others | ₹12.5 Lakh | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of SP Concare Private Limited
SP Concare Private Limited has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.47 Cr; the latest was in July 2022.
Total deals
8
Funding rounds
4
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹1.47 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round | ₹1 Cr | Investors: Dandekar Brothers LLP , 3 individuals |
| Jul 2021 | Rights issue | ₹80.1 Lakh | Investors: Dandekar Brothers LLP , an individual Seller: Dandekar Brothers LLP |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
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- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of SP Concare Private Limited
SP Concare Private Limited has 15 court cases on record: 14 filed by SP Concare, 1 filed against it. 8 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
15
Filed by the company
14
Filed against the company
1
Pending
8
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 0 | 8 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against R&M Rasayana Private Limited | Pending |
| Bombay High Court | Company petition | Filed against the company by Basf India Limited | Disposed |
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against Basf India Limited | Disposed |
| District court, Sangli, Maharashtra | Court case (Cri.Appeal) | Filed by the company against an individual | Pending |
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against Brandmark Construction | Pending |
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Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by SP Concare Private Limited
SP Concare Private Limited has 12 MSME Form 1 returns on record between 2019 and 2022, listing 78 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cilantro Chemicals Private Limited | •••• | •••• | •••• |
| Aksh Chemicals LLP | •••• | •••• | •••• |
| Ohm Polytech Private Limited | •••• | •••• | •••• |
| Ankush Enterprise | •••• | •••• | •••• |
| Headway X-Calibur Construction Chemicals Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at SP Concare Private Limited
SP Concare Private Limited has a workforce of 41 employees as of Apr 07, 2024.
Employee count
41
Active EPFO establishments
1
Employee growth
13.89%
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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.
Recent Activity on SP Concare Private Limited
SP Concare Private Limited has 12 board changes on record since 2011: 4 appointments and 8 cessations. The latest: Sebastian Juje Fernandes ceased to be Additional Director on 29 Sep 2025.
Charges
A charge registered on 27 Jun 2011 via Charge ID 10294515 with Sangli Urban Co-Operative Bank Ltd. was fully satisfied on 13 Nov 2025.
Ceased
Sebastian Juje Fernandes ceased to be Additional Director.
Ceased
Vikram Babanrao Desai ceased to be Additional Director.
Appointed
Sebastian Juje Fernandes was appointed as Director.
Appointed
Vikram Babanrao Desai was appointed as Director.
Charges
A charge with Others of Rs. 3.00 Cr registered on 30 Mar 2024 with Charge ID 100916704 was modified on 27 Mar 2025.
Ceased
Ramani Kasi ceased to be Director.
AGM
Sp Concare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sp Concare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100916704 was registered on 30 Mar 2024.
Charges
A charge registered on 21 Aug 2015 via Charge ID 10603092 with Rajarambapu Sahakari Bank Limited Peth was fully satisfied on 04 Mar 2023.
Charges
A charge registered on 16 Jul 2020 via Charge ID 100355501 with Others was fully satisfied on 23 Sep 2022.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for SP Concare Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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Subsidiaries & Group Companies of SP Concare Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of SP Concare Private Limited
SP Concare has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS5849D1ZW | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of SP Concare Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about SP Concare Private Limited
SP Concare is an active private limited company based in Miraj, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 28 March 2011 (15+ years old) and is registered under CIN U70102PN2011PTC139006.
SP Concare reported revenue of ₹16.73 Cr for FY 2024 (up 15% YoY).
SP Concare has 4 current directors:
- Shrinivas Dhondiram Patil - Director
- Chandrashekhar Bhalchandra Dandekar - Director
- Sebastian Juje Fernandes - Director
- Vikram Babanrao Desai - Director
SP Concare reported a net loss of ₹48.95 Lakh (net margin -2.9%) and EBITDA of ₹29.88 Lakh (EBITDA margin 1.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of SP Concare is 63% over three years and 37% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of SP Concare is 27AAPCS5849D1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of SP Concare is U70102PN2011PTC139006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SP Concare has 15 court cases on record: 14 filed by the company and 1 filed against it. 8 are pending. Most are in the district courts.
SP Concare was incorporated on 28 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
SP Concare has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.47 Cr; the latest was in July 2022.
The peers of SP Concare by revenue are Hermes Laboratories Private Limited, Doshion Poly Science Private Limited, Unisol Chemtech Limited, Cico Polymers Private Limited, Mass Dyechem Private Limited and 5 more, all in the Chemicals industry (Specialty Chemicals).
Sebastian Juje Fernandes ceased to be Additional Director on 29 Sep 2025. Vikram Babanrao Desai ceased to be Additional Director on 29 Sep 2025. Sebastian Juje Fernandes was appointed as Director on 19 Apr 2025. SP Concare has 12 board changes on record in total.