About Spinair Systems Coimbatore Private Limited
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Spinair Systems Coimbatore Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 11 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29299TZ2005PTC011724. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹49.5 Lakh and a paid-up capital of ₹31 Lakh. It is led by directors Appu Menon Rajasekaran (Managing Director) and Appumenon Vijaykumar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 474 Trichy Roadopposite Ambal Theatre Singanallur Post, Coimbatore, Tamil Nadu, India – 641005.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.28 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹25.63 Lakh (net margin -20.1%) and EBITDA of ₹5,574 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
As per MCA filings, the company has open charges of ₹2.92 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website spinair.in.
Company details
Contact details
Spinair Systems Coimbatore Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is spinair.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address474 Trichy Roadopposite Ambal Theatre Singanallur Post, Coimbatore, Tamil Nadu, India – 641005
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment, Industrial Machinery Manufacturing
To see the full contact details of Spinair Systems Coimbatore 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
Business activity
The main business activity of Spinair Systems Coimbatore is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Spinair Systems Coimbatore Private Limited, buy the company report.
Financials of Spinair Systems Coimbatore Private Limited
FY 2018 filings availableSpinair Systems Coimbatore Private Limited reported revenue of ₹1.28 Cr (down 46% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 46% fall in the latest year. EBITDA fell 100% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.28 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5,574 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25.63 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0% | |||
| Net Profit Margin | -20.1% | |||
| 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 Spinair Systems Coimbatore Private Limited, buy the company report.
Board of directors of Spinair Systems Coimbatore Private Limited
Spinair Systems Coimbatore has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Appu Menon Rajasekaran | Managing Director | 11 Apr 2005 | 21 Years 6 Months | Current |
| Appumenon Vijaykumar | Director | 18 Jan 2007 | 19 Years 9 Months | Current |
Peer comparison
Spinair Systems Coimbatore Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uniqq Water Solutions Private Limited | ₹1.28 Cr (FY 2025) | 88.0% | Hyderabad, Telangana, India | |||
| Spinair Systems Coimbatore Private Limitedthis company | ₹1.28 Cr (FY 2018) | -₹25.63 Lakh | -20.1% | -46.0% | Coimbatore, Tamil Nadu, India | |
| Nagasai Precision Engineers Pvt Ltd | ₹1.28 Cr (FY 2025) | 9.0% | Telangana, India | |||
| Aarvi Kitchen Appliances Private Limited | ₹1.28 Cr (FY 2024) | -32.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Spinair Systems Coimbatore Private Limited, buy the company report.
Auditor
Spinair Systems Coimbatore Private Limited is audited by BINDU SURESH KUMAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BINDU SURESH KUMAR & ASSOCIATES | FY 2018 | 008152S |
Shareholding
The shareholding of Spinair Systems Coimbatore Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Spinair Systems Coimbatore Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2009 | 10187844 | Indian Bank | ₹2.6 Cr | Open | |
| 12 Apr 2006 | 10003905 | Central Bank of India | ₹32.4 Lakh | Open |
To see the full charge records of Spinair Systems Coimbatore Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Spinair Systems Coimbatore Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spinair Systems Coimbatore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spinair Systems Coimbatore has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spinair Systems Coimbatore Private Limited, buy the company report.
Recent activity
Spinair Systems Coimbatore Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Krishnan Chellappa ceased to be Director on 21 Feb 2011.
Frequently asked questions
Spinair Systems Coimbatore is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 11 April 2005 (21+ years old) and is registered under CIN U29299TZ2005PTC011724.
Spinair Systems Coimbatore has 2 current directors:
- Appu Menon Rajasekaran - Managing Director
- Appumenon Vijaykumar - Director
The latest financial statements of Spinair Systems Coimbatore on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Spinair Systems Coimbatore has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Spinair Systems Coimbatore is U29299TZ2005PTC011724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinair Systems Coimbatore was incorporated on 11 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Spinair Systems Coimbatore by revenue are Uniqq Water Solutions Private Limited, Nagasai Precision Engineers Pvt Ltd, Aarvi Kitchen Appliances Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Krishnan Chellappa ceased to be Director on 21 Feb 2011. Appumenon Vijaykumar was appointed as Director on 18 Jan 2007. Appu Menon Rajasekaran was appointed as Managing Director on 11 Apr 2005.
Spinair Systems Coimbatore can be reached through the website spinair.in. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Spinair Systems Coimbatore is at 474 Trichy Roadopposite Ambal Theatre Singanallur Post, Coimbatore, Tamil Nadu, India – 641005.
Spinair Systems Coimbatore operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.