About Spahi Projects Private Limited
Data last updated:
Spahi Projects Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the facility management segment of the business services sector. It was incorporated on 29 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85100TN2008PTC067098. Its GSTIN is 33AALCS8169A1ZA (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Manish Kumar and Venkatachalam Kailasam.
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 Jhaver Centre R.A. Building IV Floor No. 19 Marshalls Road, Chennai, Tamil Nadu, India – 600008.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.94 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹63.66 Lakh (net margin 10.7%) and EBITDA of ₹88.01 Lakh (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
The company has about 96 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spahi. Court records list 3 cases involving the company, including 3 filed by the company. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in March 2010. Its 10 peer companies in the Business Services industry (Facility Management Services) are compared by revenue, 5 larger and 5 smaller; the largest is Sez Services Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spahi.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressJhaver Centre R.A. Building IV Floor No. 19 Marshalls Road, Chennai, Tamil Nadu, India – 600008
- IndustryBusiness Services, Facility Management
- 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
Business Activity of Spahi Projects Private Limited
The main business activity of Spahi Projects is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spahi Projects Private Limited FY 2025 filings available
Spahi Projects Private Limited reported revenue of ₹5.94 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spahi Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 6% growth in the latest year. EBITDA rose 54% 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 Spahi Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹88.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63.66 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 Spahi Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.7% | •••• | •••• | •••• | •••• |
| 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 Spahi Projects 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.
Peer Comparison of Spahi Projects Private Limited
Spahi Projects Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Facility Management Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sez Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Just Clean Facility Management Services Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Onerouf Resources Private Limited | •••• | •••• | •••• | •••• | 146 | Chennai, Tamil Nadu, India |
| Deesha Facility Management Private Limited | •••• | •••• | •••• | •••• | 201 | Pune, Maharashtra, India |
| Impulse (India) Private Limited | •••• | •••• | •••• | •••• | 303 | Gurugram, Haryana, India |
| Spahi Projects Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Elegant Home Care & Facilities Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Bright & Shine Facility Services Private Limited | •••• | •••• | •••• | •••• | 285 | Bangalore, Karnataka, India |
| Shivoy Facilities Services Private Limited | •••• | •••• | •••• | •••• | 161 | New Delhi, Delhi, India |
| Rajnar Facilities Private Limited | •••• | •••• | •••• | •••• | 219 | Gurgaon, Haryana, India |
| Xnet Management Services Private Limited | •••• | •••• | •••• | •••• | - | Jalna, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spahi Projects by revenue in the Business Services industry (Facility Management Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Spahi Projects Private Limited
Spahi Projects Private Limited is audited by M.R. RAMACHANDRAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.R. RAMACHANDRAN & 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.
Board of Directors of Spahi Projects Private Limited
Spahi Projects 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 |
|---|---|---|---|---|
| Manish Kumar | Director | 16 Mar 2021 | 5 Years 6 Months | Current |
| Venkatachalam Kailasam | Additional Director | 02 Jan 2026 | 0 Years 9 Months | Current |
Ownership and Shareholding of Spahi Projects Private 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 Spahi Projects Private Limited
Spahi Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Spahi Projects Private Limited
Spahi Projects Private Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in March 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Funding round | ₹4 Lakh | Investors: Tagros Chemicals India Private Limited , Til Healthcare Private Limited , 2 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Til Healthcare Private Limited , Tagros Chemicals India Private Limited Seller: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- 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 Spahi Projects Private Limited
Spahi Projects Private Limited has 3 court cases on record: 3 filed by Spahi Projects. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Indian Pest Control Association | Disposed |
| Madras High Court | Writ petition | Filed by the company against Assistant Commissioner | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Assistant Commissioner | Disposed |
Full case history
All 3 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 Spahi Projects Private Limited
Spahi Projects Private Limited has a workforce of 96 employees as of Apr 08, 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.
Group Structure of Spahi Projects Private Limited
Spahi Projects has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Spahi Projects Private Limited
Spahi Projects Private Limited has 8 board changes on record since 2008: 5 appointments and 3 cessations. The latest: Meenakshisundaram Lakshmanan ceased to be Director on 02 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Spahi Projects Private 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 Spahi Projects Private 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 Spahi Projects Private 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 Spahi Projects Private Limited
Spahi Projects has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCS8169A1ZA | Tamil Nadu | Active | 01 Jul 2017 |
| 29AALCS8169A1ZZ | Karnataka | Active | 01 Jul 2017 |
| 36AALCS8169A1Z4 | Telangana | 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 Spahi Projects Private 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 Spahi Projects Private Limited
Spahi Projects is an active private limited company based in Chennai, Tamil Nadu, India. The company works in facility management, within the business services industry. It was incorporated on 29 March 2008 (18+ years old) and is registered under CIN U85100TN2008PTC067098.
Spahi Projects reported revenue of ₹5.94 Cr for FY 2025 (up 6% YoY).
Spahi Projects has 2 current directors:
- Manish Kumar - Director
- Venkatachalam Kailasam - Additional Director
Spahi Projects reported a net profit of ₹63.66 Lakh (net margin 10.7%) and EBITDA of ₹88.01 Lakh (EBITDA margin 14.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spahi Projects is 10% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spahi Projects is 33AALCS8169A1ZA, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AALCS8169A1ZZ (Karnataka), 36AALCS8169A1Z4 (Telangana).
The CIN (Corporate Identification Number) of Spahi Projects is U85100TN2008PTC067098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spahi Projects has 3 court cases on record: 3 filed by the company. Most are in the high courts.
Spahi Projects was incorporated on 29 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Spahi Projects has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in March 2010.
The peers of Spahi Projects by revenue are Sez Services Private Limited, Just Clean Facility Management Services Private Limited, Onerouf Resources Private Limited, Deesha Facility Management Private Limited, Impulse (India) Private Limited and 5 more, all in the Business Services industry (Facility Management Services).