
About Spinner Plastic Industries Limited
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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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address11/484 Panachikkal House Athani P O, Thrissur, Kerala, India – 680581
- IndustryManufacturing, Pipe & Tubes
- 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
- One PDF report, delivered after checkout
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spinner Plastic Industries Limited FY 2024 filings available
Spinner Plastic Industries Limited reported revenue of ₹46.03 Cr for FY 2023.
Financial Statement Summary of Spinner Plastic Industries Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• |
| 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.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A V F & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spinner Plastic Industries Limited
Spinner Plastic Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lijo George Also directs: Spinner Polymers Private Limited | Director | 29 Oct 2019 | 6 Years 11 Months | Current |
| Panachikkal Jaison Joseph Also directs: Spinner Extrusions Private Limited, Spinner Energy Private Limited | Director | 29 Oct 2019 | 6 Years 11 Months | Current |
| Panachikkal Joseph Georgekutty | Managing Director | 29 Oct 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Spinner Plastic Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spinner Plastic Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2025 | Others | ₹35.5 Lakh | Open |
| 14 Aug 2025 | Others | ₹17 Lakh | Open |
| 05 Aug 2025 | Others | ₹27.25 Lakh | Open |
| 05 Sep 2024 | Others | ₹13.5 Lakh | Open |
| 09 Aug 2024 | Others | ₹13.4 Lakh | Open |
Total charge records: 21 View all charges
Legal Cases of Spinner Plastic Industries Limited
Spinner Plastic Industries Limited has 16 court cases on record: 14 filed by Spinner Plastic Industries, 1 filed against it, 1 where it is another party. 8 cases are pending and 8 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 1 | 8 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Elppe Chemicals Private Limited | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kolors India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Chakravarthy Plastic Industries | •••• | •••• | •••• |
| Calcutta Tube Centre | •••• | •••• | •••• |
| Elppe Chemicals Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Spinner Extrusions Private Limited | U27209KL2010PTC026310 | Locked |
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.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spinner Plastic Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spinner Plastic Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spinner Plastic Industries Limited
Spinner Plastic Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32ABCCS8277P1ZN | Kerala | Active | 25 Jun 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spinner Plastic Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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:
- Panachikkal Joseph Georgekutty - Managing Director
- Lijo George - Director
- Panachikkal Jaison Joseph - Director
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.