Spads Textiles Limited
About Spads Textiles Limited
Data last updated:
Spads Textiles Limited is a public limited company based in Hyderabad, Telangana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 November 2005.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17110TG2005PLC048188. Its GSTIN is 37AAJCS6350B1ZF (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.95 Cr. It is led by directors including Siva Nagendramma Medisetty and Venkata Rattaiah Medisetty.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 5 4 726 Station Road Nampally, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2015, the company reported a revenue of ₹19.62 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹9.04 Lakh (net margin 0.5%) and EBITDA of ₹2.85 Cr (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.04 Cr and satisfied charges of ₹3 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
CIN History of Spads Textiles Limited
Spads Textiles has one previous CIN (Corporate Identification Number): U17110AP2005PLC048188. The current CIN is U17110TG2005PLC048188, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110TG2005PLC048188 | Current |
| U17110AP2005PLC048188 | Previous |
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- Registered Address5 4 726 Station Road Nampally, Hyderabad, Telangana, India – 500001
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Financials of Spads Textiles Limited FY 2015 filings available
Spads Textiles Limited reported revenue of ₹19.62 Cr (down 12% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of Spads Textiles Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 12% 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 of Spads Textiles Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹19.62 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | ₹2.85 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹9.04 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 Spads Textiles Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 14.5% |
| Net Profit Margin | 0.5% |
| 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 Spads Textiles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Spads Textiles Limited
Spads Textiles has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Rattaiah Medisetty | Additional Director | 25 Mar 2013 | 13 Years 6 Months | As last reported |
| Medisetty Venkata Ramana | Additional Director | 25 Mar 2013 | 13 Years 6 Months | As last reported |
| Siva Nagendramma Medisetty | Director | 02 Oct 2013 | 13 Years 0 Months | As last reported |
Auditor Details of Spads Textiles Limited
Spads Textiles Limited is audited by M V PRASAD & CO for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M V PRASAD & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Spads Textiles Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spads Textiles Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Oct 2006 | State Bank of India | ₹18.04 Cr | Open |
| 15 Sep 2012 | State Bank of India | ₹3 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Spads Textiles Limited
Spads Textiles Limited has 11 court cases on record: 4 filed by Spads Textiles, 2 filed against it, 5 where it is another party. 2 cases are pending and 9 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 2 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Revision petition | Filed against the company by Kennigton Industries Private Limited | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against State of Andhra Pradesh | Pending |
| High Court for State of Telangana | Writ petition | Company is another party | Pending |
| District court, Krishna, Andhra Pradesh | Civil suit | Filed by the company against Kennington Industries Private Limited | Disposed |
| High Court of Andhra Pradesh | Writ petition | Company is another party | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Spads Textiles Limited
Spads Textiles Limited has a workforce of 2 employees as of Apr 11, 2024.
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 Spads Textiles Limited
Spads Textiles Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Medisetty Venkata Nagarjuna ceased to be Director on 06 May 2016.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spads Textiles Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spads Textiles Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spads Textiles Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spads Textiles Limited
Spads Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCS6350B1ZF | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spads Textiles Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spads Textiles Limited
Spads Textiles is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Spads Textiles is a company under liquidation, formerly operating as a public limited company based in Hyderabad, Telangana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 November 2005 and is registered under CIN U17110TG2005PLC048188. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Spads Textiles reported revenue of ₹19.62 Cr for FY 2015 (down 12% YoY).
Spads Textiles has 3 current directors:
- Venkata Rattaiah Medisetty - Additional Director
- Medisetty Venkata Ramana - Additional Director
- Siva Nagendramma Medisetty - Director
Spads Textiles reported a net profit of ₹9.04 Lakh (net margin 0.5%) and EBITDA of ₹2.85 Cr (EBITDA margin 14.5%) for FY 2015, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spads Textiles is -17% over three years. In the latest year (FY 2015) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Spads Textiles is U17110TG2005PLC048188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spads Textiles has open charges of ₹18.04 Cr and satisfied charges of ₹3 Cr as per latest MCA filings.
Spads Textiles has 11 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Spads Textiles was incorporated on 25 November 2005. It is registered with the Registrar of Companies, Hyderabad.