Spinner Plastic Industries Limited

Spinner Plastic Industries Limited - manufacturing in Thrissur, Kerala, India. FY 2026 financials & compliance.
CIN U25209KL2019PLC060106 Incorporated 29 October 2019 ROC Ernakulam HQ Thrissur, Kerala, India
Active Public Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹46.03 Cr
▲ 0.97% YoY
Net profit · FY 2023
₹31.39 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹3.12 Cr
EBITDA margin 6.8%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.66 Cr
Issued & subscribed
Open charges
₹20.94 Cr
Satisfied ₹3.04 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
25
Provident fund records

About Spinner Plastic Industries Limited

Data last updated:

Spinner Plastic Industries Limited is a public limited company based in Thrissur, Kerala, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 29 October 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U25209KL2019PLC060106. Its GSTIN is 32ABCCS8277P1ZN (Kerala). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.66 Cr. It is led by directors including Panachikkal Joseph Georgekutty (Managing Director) and Lijo George.

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 11/484 Panachikkal House Athani P O, Thrissur, Kerala, India – 680581.

As per the financials filed for FY 2023, the company reported a revenue of ₹46.03 Cr. For the same year it recorded a net profit of ₹31.39 Lakh (net margin 0.7%) and EBITDA of ₹3.12 Cr (EBITDA margin 6.8%).

The company has about 25 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹20.94 Cr and satisfied charges of ₹3.04 Cr on record. Court records list 16 cases involving the company, including 14 filed by the company and 1 filed against it; 8 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spinnerpipes.in.

Company Details of Spinner Plastic Industries Limited
CIN U25209KL2019PLC060106
Registration Number 060106
Incorporation Date 29 October 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    11/484 Panachikkal House Athani P O, Thrissur, Kerala, India – 680581
  • Industry
    Manufacturing, Pipe & Tubes
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Financials, compliance, directors, charges, ownership and filings for Spinner Plastic Industries Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of Spinner Plastic Industries Limited

The main business activity of Spinner Plastic Industries is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Financials of Spinner Plastic Industries Limited FY 2024 filings available

Spinner Plastic Industries Limited reported revenue of ₹46.03 Cr for FY 2023.

Revenue · FY 2023
₹46.03 Cr
Net profit · FY 2023
₹31.39 Lakh margin 0.7%
EBITDA · FY 2023
₹3.12 Cr margin 6.8%

Financial Statement Summary of Spinner Plastic Industries Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 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₹3.12 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹31.39 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 of Spinner Plastic Industries Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.8%••••••••••••
Net Profit Margin0.7%••••••••••••
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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spinner Plastic Industries are in the company report.

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Financial statements from FY 2020

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Peer Comparison of Spinner Plastic Industries Limited

Spinner Plastic Industries Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sree Sai Mitra Drip Industries Private Limited₹48.57 Cr (FY 2025)••••••••12.0%••••Chikkaballapur, Karnataka, India
Muthu Pipes Private Limited₹48.29 Cr (FY 2025)••••••••-18.0%••••Chennai, Tamil Nadu, India
Srushti Tubes Private Limited₹48.25 Cr (FY 2025)••••••••14.0%••••Pune, Maharashtra, India
Pattech Fitwell Tube Components Limited₹48.21 Cr (FY 2025)••••••••28.0%••••Vadodara, Gujarat, India
Falcon Pipes Private Limited₹48.2 Cr (FY 2024)••••••••30.0%••••Gondal, Gujarat, India
Aman Technologies Private Limited₹48.07 Cr (FY 2024)••••••••117.0%••••Rajgangpur, Odisha, India
National Pipes Pvt Ltd₹47.69 Cr (FY 2024)••••••••7.0%••••Uluberia, West Bengal, India
Lepakshi Tubes Private Limited₹47.32 Cr (FY 2025)••••••••3.0%••••New Delhi, Delhi, India
Lingaraj Pipes Private Limited₹47.01 Cr (FY 2025)••••••••-39.0%••••Bhubaneswar, Odisha, India
Prime Gold India Limited₹46.92 Cr (FY 2025)••••••••48.0%••••New Delhi, Delhi, India
Spinner Plastic Industries Limited this company₹46.03 Cr (FY 2023)••••••••••••Thrissur, Kerala, India

Peers are the five companies nearest above and the five nearest below Spinner Plastic Industries by revenue in the Manufacturing industry (Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Spinner Plastic Industries Limited

Spinner Plastic Industries Limited is audited by A V F & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
A V F & ASSOCIATESLockedLockedLocked
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Board of Directors of Spinner Plastic Industries Limited

Spinner Plastic Industries has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Lijo GeorgeDirector29 Oct 20196 Years 11 MonthsCurrent
Panachikkal Jaison JosephDirector29 Oct 20196 Years 11 MonthsCurrent
Panachikkal Joseph GeorgekuttyManaging Director29 Oct 20196 Years 11 MonthsCurrent

Ownership and Shareholding of Spinner Plastic Industries Limited

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Charges & Borrowings of Spinner Plastic Industries Limited

Open charges
₹20.94 Cr
Satisfied charges
₹3.04 Cr
Breakdown by lending institutions
State Bank of India₹18.12 Cr
Others₹2.82 Cr
Latest charge details
DateLenderAmountStatus
22 Aug 2025Others₹35.5 LakhOpen
14 Aug 2025Others₹17 LakhOpen
05 Aug 2025Others₹27.25 LakhOpen
05 Sep 2024Others₹13.5 LakhOpen
09 Aug 2024Others₹13.4 LakhOpen

Total charge records: 21 View all charges

MSME Payment Delays by Spinner Plastic Industries Limited

Spinner Plastic Industries Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 86 overdue payments to 15 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 15)

SupplierAmount dueDue sinceReported on
Kolors India Private Limited••••••••••••
an individual supplier••••••••••••
Chakravarthy Plastic Industries••••••••••••
Calcutta Tube Centre••••••••••••
Elppe Chemicals Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Spinner Plastic Industries Limited

Spinner Plastic Industries Limited has a workforce of 25 employees as of Mar 28, 2024.

Employee count
25
Active EPFO establishments
1
Employee growth
-70.24%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Spinner Plastic Industries Limited

Spinner Plastic Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Spinner Extrusions Private LimitedU27209KL2010PTC026310Locked

Showing major subsidiaries. Total: 1.

Recent Activity on Spinner Plastic Industries Limited

Spinner Plastic Industries Limited has 3 board changes on record since 2019: 3 appointments. The latest: Lijo George was appointed as Director on 29 Oct 2019.

Charges
A charge with Others amounted to Rs. 0.36 Cr with Charge ID 101146712 was registered on 22 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 101145311 was registered on 14 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 101145310 was registered on 05 Aug 2025.
Charges
A charge registered on 23 Mar 2023 via Charge ID 100700551 with Others was fully satisfied on 23 Jan 2025.
AGM
Spinner Plastic Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100999801 was registered on 05 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100981682 was registered on 09 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100976180 was registered on 17 Jul 2024.
Filing
Spinner Plastic Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100905348 was registered on 24 Feb 2024.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100905330 was registered on 24 Feb 2024.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100905325 was registered on 24 Feb 2024.

21 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Spinner Plastic Industries Limited

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Subsidiaries & Group Companies of Spinner Plastic Industries Limited

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GST Compliance of Spinner Plastic Industries Limited

Spinner Plastic Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
32ABCCS8277P1ZNKeralaActive25 Jun 2020
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MCA Filings & Documents of Spinner Plastic Industries Limited

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Frequently Asked Questions about Spinner Plastic Industries Limited

Spinner Plastic Industries is an active public limited company based in Thrissur, Kerala, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 29 October 2019 (7+ years old) and is registered under CIN U25209KL2019PLC060106.

Spinner Plastic Industries reported revenue of ₹46.03 Cr for FY 2023.

Spinner Plastic Industries has 3 current directors:

Spinner Plastic Industries reported a net profit of ₹31.39 Lakh (net margin 0.7%) and EBITDA of ₹3.12 Cr (EBITDA margin 6.8%) for FY 2023, as per its filed financial statements.

The GSTIN of Spinner Plastic Industries is 32ABCCS8277P1ZN, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Spinner Plastic Industries is U25209KL2019PLC060106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spinner Plastic Industries has 16 court cases on record: 14 filed by the company and 1 filed against it. 8 are pending. Most are in the district courts.

Spinner Plastic Industries was incorporated on 29 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Spinner Plastic Industries by revenue are Sree Sai Mitra Drip Industries Private Limited, Muthu Pipes Private Limited, Srushti Tubes Private Limited, Pattech Fitwell Tube Components Limited, Falcon Pipes Private Limited and 5 more, all in the Manufacturing industry (Pipes).

Lijo George was appointed as Director on 29 Oct 2019. Panachikkal Jaison Joseph was appointed as Director on 29 Oct 2019. Panachikkal Joseph Georgekutty was appointed as Managing Director on 29 Oct 2019.

Spinner Plastic Industries has 3 MSME Form 1 returns on record between 2022 and 2023, listing 86 overdue payments to 15 micro and small suppliers. The latest return was filed on 27 Aug 2023.

Spinner Plastic Industries can be reached through the website spinnerpipes.in. Its registered office is in Thrissur, Kerala, India.

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