About Spincotech Private Limited
Data last updated:
Spincotech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 07 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51507TN2002PTC048571. Its GSTIN is 33AAFCS9992P1ZC (Tamil Nadu). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹2.29 Cr. It is led by directors including Thyagarajan Srinivasan (Managing Director) and Janani Thyagarajan (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 83&84 Perungudi Industrial Estate Perungudi, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2025, the company reported a revenue of ₹447.82 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹49.55 Cr (net margin 11.1%) and EBITDA of ₹71.07 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 396 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹20.74 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹35.6 Lakh; the latest was in March 2024. Its 6 peer companies in the Machinery and Equipment industry (Electronic Appliances Retail and Distribution, Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 2 smaller; the largest is Rahul Cables Private Limited with revenue of ₹459.35 Cr.
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
Contact details
Spincotech 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 Address83&84 Perungudi Industrial Estate Perungudi, Chennai, Tamil Nadu, India – 600096
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Spincotech 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 activities of Spincotech are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Spincotech Private Limited, buy the company report.
Financials of Spincotech Private Limited
FY 2025 filings availableSpincotech Private Limited reported revenue of ₹447.82 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 2% growth in the latest year. EBITDA fell 35% 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 |
|---|---|---|---|---|---|
| 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 | ₹71.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.55 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 11.1% | ||||
| 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 Spincotech Private Limited, buy the company report.
Board of directors and KMP of Spincotech Private Limited
Spincotech Private Limited currently reports 4 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janani Thyagarajan Also directs: Spincotech Systems LLP, Spinco Biotech Private Limited | Whole-Time Director | 30 Aug 2023 | 3 Years 1 Months | Current |
| Thyagarajan Srinivasan | Managing Director | 07 Mar 2002 | 24 Years 7 Months | Current |
| Ravikumar Amurthavalli Also directs: Premier Energy and Infrastructure Limited, SVL Limited | Company Secretary | 01 Sep 2007 | 19 Years 1 Months | Current |
| Ravindranath Cherukuri Also directs: First Source Laboratory Solutions LLP, Perfomics Analytical Labs LLP, Spincotech Systems LLP and 1 more | Whole-Time Director | 24 Sep 2005 | 21 Years 1 Months | Current |
| Arvind Thyagarajan | Whole-Time Director | 12 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Spincotech Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Electronic Appliances Retail and Distribution, Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rahul Cables Private Limited | ₹459.35 Cr (FY 2025) | -24.0% | Pune, Maharashtra, India | |||
| Viribus Projects Private Limited | ₹457.81 Cr (FY 2016) | -78.0% | Mumbai, Maharashtra, India | |||
| Hi-Focus Electronics India Private Limited | ₹456.74 Cr (FY 2024) | 18.0% | Chennai, Tamil Nadu, India | |||
| New India Cables Trading Private Limited | ₹450.47 Cr (FY 2025) | 10.0% | Pune, Maharashtra, India | |||
| Spincotech Private Limitedthis company | ₹447.82 Cr (FY 2025) | ₹49.55 Cr | 11.1% | 2.0% | 396 | Chennai, Tamil Nadu, India |
| G.Kumar Electro Private Limited | ₹438.02 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Sol Mobiles Private Limited | ₹433.03 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Spincotech Private Limited, buy the company report.
Auditor
Spincotech 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 Spincotech 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 Spincotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2025 | 101177674 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 13 Dec 2023 | 100841980 | Canara Bank | ₹10 Cr | Open | |
| 04 Mar 2021 | 100442776 | Canara Bank | ₹10 Cr | Open | |
| 27 Aug 2009 | 10178146 | Uco Bank | ₹4.5 Cr | Satisfied | |
| 27 Aug 2009 | 10183565 | Uco Bank | ₹4.5 Cr | Satisfied |
To see the full charge records of Spincotech Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Spincotech Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹35.6 Lakh; the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2014 | Funding round | ₹35.6 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spincotech Private Limited has 2 court cases on record: 2 filed by Spincotech. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (COMP.A) | Filed by the company | Disposed |
| Madras High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Spincotech 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 Spincotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spincotech Private Limited has a workforce of 396 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Spincotech has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCS9992P1ZC | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAFCS9992P2ZB | Tamil Nadu | Active | 01 Apr 2025 |
| 03AAFCS9992P1ZF | Punjab | Active | 19 Jul 2023 |
To see the full GST registrations and return filing status of Spincotech Private Limited, buy the company report.
Recent activity
Spincotech Private Limited has 11 board changes on record since 2002: 5 appointments and 6 cessations. The latest: Chandrasekaran Srinivasan ceased to be Whole-Time Director on 30 Aug 2023.
21 earlier events are in the company report.
Frequently asked questions
Spincotech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 07 March 2002 (24+ years old) and is registered under CIN U51507TN2002PTC048571.
Spincotech has 5 current directors and KMP:
- Thyagarajan Srinivasan - Managing Director
- Janani Thyagarajan - Whole-Time Director
- Ravindranath Cherukuri - Whole-Time Director
- Arvind Thyagarajan - Whole-Time Director
- Ravikumar Amurthavalli - Company Secretary
The latest financial statements of Spincotech 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 Spincotech is 33AAFCS9992P1ZC, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAFCS9992P2ZB (Tamil Nadu), 03AAFCS9992P1ZF (Punjab).
The CIN (Corporate Identification Number) of Spincotech is U51507TN2002PTC048571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spincotech has 2 court cases on record: 2 filed by the company.
Spincotech was incorporated on 07 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chennai.
Spincotech has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹35.6 Lakh; the latest was in March 2024.
The peers of Spincotech by revenue are Rahul Cables Private Limited, Viribus Projects Private Limited, Hi-Focus Electronics India Private Limited, New India Cables Trading Private Limited, G.Kumar Electro Private Limited and 1 more, all in the Machinery and Equipment industry (Electronic Appliances Retail and Distribution, Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Chandrasekaran Srinivasan ceased to be Whole-Time Director on 30 Aug 2023. Janani Thyagarajan was appointed as Whole-Time Director on 30 Aug 2023. Janani Thyagarajan ceased to be Additional Director on 30 Aug 2023. Spincotech has 11 board changes on record in total.
Spincotech can be reached through the website spincotech.com. Its registered office is in Chennai, Tamil Nadu, India.