About Spincast Solution Private Limited
Data last updated:
Spincast Solution Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2013PTC073469. Its GSTIN is 24AASCS6069A1Z7 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Megan Mckee Harris and William Thomas Mckee Jr.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 559/6/C Patel Compound GIDC Road Near Hanuman Temple Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2022, the company reported a revenue of ₹90 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹7,473 (net margin -0.1%) and EBITDA of ₹4.22 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 55% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
Court records list 10 cases involving the company, including 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spincastccmco.com.
Company details
Contact details
Spincast Solution Private Limited's registered office is in Ahmedabad, Gujarat. Its website is spincastccmco.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address559/6/C Patel Compound GIDC Road Near Hanuman Temple Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Spincast Solution 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 Spincast Solution 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 Spincast Solution Private Limited, buy the company report.
Financials of Spincast Solution Private Limited
FY 2022 filings availableSpincast Solution Private Limited reported revenue of ₹90 Lakh (up 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 53% growth in the latest year. EBITDA rose 414% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹90 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7,473 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Spincast Solution Private Limited, buy the company report.
Board of directors of Spincast Solution Private Limited
Spincast Solution has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megan Mckee Harris | Director | 29 Jan 2013 | 13 Years 9 Months | Current |
| William Thomas Mckee Jr | Director | 29 Jan 2013 | 13 Years 9 Months | Current |
| Jiten Narendra Mehta Also directs: Centri Spin Solution (OPC) Private Limited | Director | 12 Oct 2017 | 9 Years 1 Months | Current |
Auditor
Spincast Solution Private Limited is audited by PRITEN B SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRITEN B SHAH & CO | FY 2019 | 139073W |
Shareholding
The shareholding of Spincast Solution Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Spincast Solution Private Limited, buy the company report.
Legal cases
Spincast Solution Private Limited has 10 court cases on record: 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Pepperl and Fuchs India Pvt Ltd, | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Anand Liners (India) Pvt. Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Anand Liners (India) Pvt. Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Pepperl and Fuchs India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Pepperl and Fuchs India Pvt Ltd, | Disposed |
To see the full case history of Spincast Solution 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spincast Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spincast Solution Private Limited has a workforce of 15 employees on its EPFO records as of May 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 15 |
| FY 2018-19 |
To see the full employee and EPFO history of Spincast Solution Private Limited, buy the company report.
GST
Spincast Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS6069A1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spincast Solution Private Limited, buy the company report.
Recent activity
Spincast Solution Private Limited has 7 board changes on record since 2013: 5 appointments and 2 cessations. The latest: Girish Giradharilal Agarawal ceased to be Director on 02 Sep 2022.
Frequently asked questions
Spincast Solution is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 January 2013 (13+ years old) and is registered under CIN U29100GJ2013PTC073469.
Spincast Solution has 3 current directors:
- Megan Mckee Harris - Director
- William Thomas Mckee Jr - Director
- Jiten Narendra Mehta - Director
The latest financial statements of Spincast Solution on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Spincast Solution is 24AASCS6069A1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Spincast Solution is U29100GJ2013PTC073469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spincast Solution has 10 court cases on record: 10 filed against it.
Spincast Solution was incorporated on 29 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Girish Giradharilal Agarawal ceased to be Director on 02 Sep 2022. Nikunjbhai Haribhai Patel ceased to be Director on 02 Sep 2022. Girish Giradharilal Agarawal was appointed as Director on 17 Mar 2021. Spincast Solution has 7 board changes on record in total.
Spincast Solution can be reached through the website spincastccmco.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Spincast Solution is at 5596C Patel Compound GIDC Road Near Hanuman Temple Vatva, Ahmedabad, Gujarat, India – 382445.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
