MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0037805
Spinco Biotech Private Limited - life sciences in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.56 Cr
▼ 47% YoY
Net profit · FY 2025
₹31.07 Lakh
Net margin 2.3%
EBITDA · FY 2025
₹3.65 Cr
EBITDA margin 26.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹120 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Employees · EPFO
37
Provident fund records
About Spinco Biotech Private Limited
Data last updated:
Spinco Biotech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 19 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24294TN1991PTC021876. Its GSTIN is 33AAACS9295A1ZG (Tamil Nadu). The company holds 15 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Thyagarajan Srinivasan (Managing Director) and Ravindranath Cherukuri (Whole-Time Director).
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 81 – 84 Perungudi Industrial Estate Perungudi, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.56 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹31.07 Lakh (net margin 2.3%) and EBITDA of ₹3.65 Cr (EBITDA margin 26.9%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 22% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spincotech. As per MCA filings, the company has open charges of ₹120 Cr on record.
Spinco Biotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0037805). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spincotech.com.
Company details
CIN U24294TN1991PTC021876
Registration Number 021876
Incorporation Date 19 December 1991
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0037805
Key People
Thyagarajan Srinivasan Managing Director Ravindranath Cherukuri Whole-Time Director Arvind Thyagarajan Whole-Time Director Recognitions & Rankings of Spinco Biotech
Contact details
Spinco Biotech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is spincotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address81 – 84 Perungudi Industrial Estate Perungudi, Chennai, Tamil Nadu, India – 600096
- IndustryLife Sciences, Biotechnology
To see the full contact details of Spinco Biotech Private Limited, buy the company report.
Comprehensive company report
Spinco Biotech Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Spinco Biotech operates one associated brand: Spincotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Biotech company supplying analytical and life science instruments in India. | spincotech.com |
Business activity
The main business activity of Spinco Biotech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Spinco Biotech Private Limited, buy the company report.
Financials of Spinco Biotech Private Limited
FY 2025 filings availableSpinco Biotech Private Limited reported revenue of ₹13.56 Cr (down 47% YoY) for FY 2025.
Revenue · FY 2025
₹13.56 Cr ▼ 47%
Net profit · FY 2025
₹31.07 Lakh margin 2.3%
EBITDA · FY 2025
₹3.65 Cr margin 26.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 31%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 27%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 47% fall in the latest year. EBITDA fell 62% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.07 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.9% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Spinco Biotech Private Limited, buy the company report.
Board of directors of Spinco Biotech Private Limited
Spinco Biotech has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janani Thyagarajan Also directs: Spincotech Systems LLP, Spincotech Private Limited | Director | 30 Aug 2023 | 3 Years 1 Months | Current |
| Thyagarajan Srinivasan | Managing Director | 19 Dec 1991 | 34 Years 10 Months | Current |
| Ravindranath Cherukuri Also directs: First Source Laboratory Solutions LLP, Perfomics Analytical Labs LLP, Spincotech Systems LLP and 1 more | Whole-Time Director | 30 Sep 2002 | 24 Years 0 Months | Current |
| Arvind Thyagarajan | Whole-Time Director | 12 Dec 2012 | 13 Years 10 Months | Current |
Auditor
Spinco Biotech Private Limited is audited by K.S. JAGANNATHAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S. JAGANNATHAN & CO | FY 2023 | 001207S |
Shareholding
The shareholding of Spinco Biotech 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spinco Biotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹120 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2026 | 101231298 | Hdfc Bank Limited | ₹110 Cr | Open | |
| 05 Mar 2013 | 10413799 | Others | ₹10 Cr | Open |
To see the full charge records of Spinco Biotech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Spinco Biotech 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 Spinco Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spinco Biotech Private Limited has a workforce of 37 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
-61.05%
GST
Spinco Biotech has 15 GST registrations: 5 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
15
Active
5
Cancelled / inactive
10
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACS9295A1ZG | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACS9295A2ZF | Tamil Nadu | Active | 01 Apr 2025 |
| 36AAACS9295A1ZA | Telangana | Active | 17 Sep 2017 |
| 29AAACS9295A3Z3 | Karnataka | Active | 18 Aug 2018 |
To see the full GST registrations and return filing status of Spinco Biotech Private Limited, buy the company report.
Recent activity
Spinco Biotech Private Limited has 14 board changes on record since 1991: 4 appointments and 10 cessations. The latest: Janani Thyagarajan ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 110.00 Cr with Charge ID 101231298 was registered on 05 Feb 2026.
AGM
Spinco Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spinco Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Janani Thyagarajan ceased to be Additional Director.
Ceased
Chandrasekaran Srinivasan ceased to be Whole-Time Director.
Appointed
Janani Thyagarajan was appointed as Director.
Ceased
Raghuraman Jagadeesan ceased to be Whole-Time Director.
Charges
A charge with Others of Rs. 10.00 Cr registered on 05 Mar 2013 with Charge ID 10413799 was modified on 19 Apr 2018.
Ceased
Latha Thyagarajan ceased to be Whole-Time Director.
Ceased
Aravind Sitaraman ceased to be Whole-Time Director.
Ceased
Jayakrishna Ramanna Senava ceased to be Whole-Time Director.
Ceased
Madhusudhana Reddy Kadiveti ceased to be Whole-Time Director.
8 earlier events are in the company report.
Frequently asked questions
Spinco Biotech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 19 December 1991 (35+ years old) and is registered under CIN U24294TN1991PTC021876.
Spinco Biotech has 4 current directors:
- Thyagarajan Srinivasan - Managing Director
- Ravindranath Cherukuri - Whole-Time Director
- Arvind Thyagarajan - Whole-Time Director
- Janani Thyagarajan - Director
The latest financial statements of Spinco Biotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Spinco Biotech is 33AAACS9295A1ZG, registered in Tamil Nadu. The company has 15 GST registrations in all, of which 5 are active and 10 are cancelled or inactive. Other active GSTINs include 33AAACS9295A2ZF (Tamil Nadu), 36AAACS9295A1ZA (Telangana), 29AAACS9295A3Z3 (Karnataka).
The CIN (Corporate Identification Number) of Spinco Biotech is U24294TN1991PTC021876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinco Biotech was incorporated on 19 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
Janani Thyagarajan ceased to be Additional Director on 29 Sep 2023. Chandrasekaran Srinivasan ceased to be Whole-Time Director on 30 Aug 2023. Janani Thyagarajan was appointed as Director on 30 Aug 2023. Spinco Biotech has 14 board changes on record in total.
Yes, Spinco Biotech is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0037805).
Spinco Biotech can be reached through the website spincotech.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Spinco Biotech is at 81 – 84 Perungudi Industrial Estate Perungudi, Chennai, Tamil Nadu, India – 600096.