About Spectoms Engineering Private Limited
Data last updated:
Spectoms Engineering Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 April 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ1974PTC002518. Its GSTIN is 24AACCS9401Q1Z0 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.24 Cr. It is led by directors Abhay Arvind Shah and Nityam Navin Shah.
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 114 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.95 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹2.45 Cr (net margin 5.2%) and EBITDA of ₹3.8 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 13% over five years.
The company is associated with 2 brands: Spectoms and Baroda Online. As per MCA filings, the company has open charges of ₹49.61 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 spectoms.com.
Company details
Contact details
Spectoms Engineering Private Limited's registered office is in Vadodara, Gujarat. Its website is spectoms.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address114 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Spectoms Engineering 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
Brands
Spectoms Engineering operates two associated brands: Spectoms and Baroda Online. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering services, technology solutions, and website design support provided by Spectoms. | spectoms.com | |
| A directory platform for Vadodara's news, events, and services. | baroda.com |
Business activity
The main business activity of Spectoms Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Spectoms Engineering Private Limited, buy the company report.
Financials of Spectoms Engineering Private Limited
FY 2024 filings availableSpectoms Engineering Private Limited reported revenue of ₹46.95 Cr (up 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 73% growth in the latest year. EBITDA rose 43% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.45 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 5.2% | ||||
| 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 Spectoms Engineering Private Limited, buy the company report.
Board of directors of Spectoms Engineering Private Limited
Spectoms Engineering has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Arvind Shah Also directs: Agrofun Foods LLP | Director | 01 Dec 2009 | 16 Years 10 Months | Current |
| Nityam Navin Shah Also directs: Citycore Private Limited | Director | 01 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Spectoms Engineering Private Limited is audited by VIJAY N TEWAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY N TEWAR & CO. | FY 2023 | 111422W |
Shareholding
The shareholding of Spectoms Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spectoms Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2024 | 100935145 | Others | ₹5.05 Cr | Open | |
| 19 Apr 2024 | 100923905 | Others | ₹5 Cr | Open | |
| 15 Feb 2022 | 100549104 | Axis Bank Limited | ₹9.65 Cr | Open | |
| 08 Dec 2021 | 100527162 | Hdfc Bank Limited | ₹20.08 Lakh | Open | |
| 11 Aug 2021 | 100477561 | Axis Bank Limited | ₹9.65 Cr | Open |
To see the full charge records of Spectoms Engineering Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Spectoms Engineering Private Limited has 4 court cases on record: 4 filed by Spectoms Engineering. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against M/S. Anichem India Ltd. | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed by the company against Anichem India Ltd. and 1 other | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against M.P.State Cooperative Oilseed Growers | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed by the company against M.P. State Cooperative Oilseed Growers | Disposed |
To see the full case history of Spectoms Engineering 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.
Credit ratings & regulatory alerts
Spectoms Engineering Private Limited was last rated by Crisil on 20 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Jul 2020 |
To see the full credit ratings and regulatory alerts of Spectoms Engineering Private Limited, buy the company report.
MSME payment delays
Spectoms Engineering Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 94 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sunil Roadways Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Tapanshi Finanziell Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Spectoms Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Spectoms Engineering has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS9401Q1Z0 | Gujarat | Active | 01 Jul 2017 |
| 19AACCS9401Q1ZR | West Bengal | Active | 19 Apr 2022 |
To see the full GST registrations and return filing status of Spectoms Engineering Private Limited, buy the company report.
Recent activity
Spectoms Engineering Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Navin Amritlal Shah ceased to be Managing Director on 17 Nov 2021.
13 earlier events are in the company report.
Frequently asked questions
Spectoms Engineering is an active private limited company based in Vadodara, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 30 April 1974 (52+ years old) and is registered under CIN U29259GJ1974PTC002518.
Spectoms Engineering has 2 current directors:
- Abhay Arvind Shah - Director
- Nityam Navin Shah - Director
The latest financial statements of Spectoms Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Spectoms Engineering is 24AACCS9401Q1Z0, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AACCS9401Q1ZR (West Bengal).
The CIN (Corporate Identification Number) of Spectoms Engineering is U29259GJ1974PTC002518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectoms Engineering has 4 court cases on record: 4 filed by the company. Most are in the district courts.
Spectoms Engineering was incorporated on 30 April 1974, making it 52+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Navin Amritlal Shah ceased to be Managing Director on 17 Nov 2021. Abhay Arvind Shah ceased to be Additional Director on 30 Sep 2010. Nityam Navin Shah ceased to be Additional Director on 30 Sep 2010. Spectoms Engineering has 6 board changes on record in total.
Spectoms Engineering has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 94 overdue payments to 19 micro and small suppliers. The latest return was filed on 27 May 2019.
Spectoms Engineering can be reached through the website spectoms.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Spectoms Engineering is at 114 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.