Spinner Polymers Private Limited
About Spinner Polymers Private Limited
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Spinner Polymers Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 27 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24134KL2009PTC023750. Its GSTIN is 32AAOCS3694R1ZE (Kerala).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors 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 Athani Industrial Development Plot No.2 IV/191 Post Peringandoor, Thrissur, Kerala, India – 680581.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.01 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹6.2 Lakh (net margin 0.6%) and EBITDA of ₹54.17 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 19% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressAthani Industrial Development Plot No.2 IV/191 Post Peringandoor, 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 Polymers Private Limited
The main business activity of Spinner Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Polymers Private Limited FY 2024 filings available
Spinner Polymers Private Limited reported revenue of ₹11.01 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spinner Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 32% growth in the latest year. EBITDA rose 11% 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 of Spinner Polymers Private Limited
| Metrics | FY 2023-24 | 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 | ₹54.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.2 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 Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Polymers are in the company report.
Financial statements from 2015
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 Polymers Private Limited
Spinner Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hexylic Polymers Private Limited | ₹11.04 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kanpur, Uttar Pradesh, India |
| Khemi Tubes Private Limited | ₹11.04 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Hitemp Polymers Private Limited | ₹11.04 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Vadodara, Gujarat, India |
| Gramya Innovative Technologies Private Limited | ₹11.03 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Rajratna Polymers Private Limited | ₹11.03 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kotda Sanghani, Gujarat, India |
| Spinner Polymers Private Limited this company | ₹11.01 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Thrissur, Kerala, India |
| Giriraj Hydraulics Pvt Ltd | ₹10.99 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Plastomen Pipings Private Limited | ₹10.99 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Tejas Agro Irrigation Systems Private Limited | ₹10.98 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Pandharpur, Maharashtra, India |
| Shree Ram Bio Starch Polymers Private Limited | ₹10.97 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Vadodara, Gujarat, India |
| Sudhir Plastochem Private Limited | ₹10.91 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Bhilwara, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Spinner Polymers by revenue in the Manufacturing industry (Pipes, Polymers), 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 Polymers Private Limited
Spinner Polymers Private Limited is audited by AVF& ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AVF& 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 Polymers Private Limited
Spinner Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lijo George Also directs: Spinner Plastic Industries Limited | Director | 27 Jan 2009 | 17 Years 8 Months | Current |
| Panachikkal Joseph Georgekutty | Managing Director | 27 Jan 2009 | 17 Years 8 Months | Current |
Ownership and Shareholding of Spinner Polymers Private 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 Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2020 | Canara Bank | ₹53.14 Lakh | Open |
| 12 Jul 2010 | Canara Bank | ₹20 Lakh | Open |
| 12 Jul 2010 | Canara Bank | ₹2 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Spinner Polymers Private Limited
Spinner Polymers Private Limited has a workforce of 10 employees as of Mar 31, 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.
Recent Activity on Spinner Polymers Private Limited
Spinner Polymers Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Panachikkal Jaison Joseph ceased to be Director on 27 Sep 2010.
Credit Ratings, Litigation & Regulatory Alerts for Spinner Polymers Private 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.
MSME Payment Delays by Spinner Polymers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spinner Polymers Private 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 Polymers Private Limited
Spinner Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAOCS3694R1ZE | Kerala | Active | 01 Jul 2017 |
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 Polymers Private 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 Polymers Private Limited
Spinner Polymers is an active private limited company based in Thrissur, Kerala, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 27 January 2009 (17+ years old) and is registered under CIN U24134KL2009PTC023750.
Spinner Polymers reported revenue of ₹11.01 Cr for FY 2024 (up 32% YoY).
Spinner Polymers has 2 current directors:
- Panachikkal Joseph Georgekutty - Managing Director
- Lijo George - Director
Spinner Polymers reported a net profit of ₹6.2 Lakh (net margin 0.6%) and EBITDA of ₹54.17 Lakh (EBITDA margin 4.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spinner Polymers is 33% over three years and 19% over five years. In the latest year (FY 2024) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spinner Polymers is 32AAOCS3694R1ZE, registered in Kerala.
The CIN (Corporate Identification Number) of Spinner Polymers is U24134KL2009PTC023750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinner Polymers was incorporated on 27 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Spinner Polymers by revenue are Hexylic Polymers Private Limited, Khemi Tubes Private Limited, Hitemp Polymers Private Limited, Gramya Innovative Technologies Private Limited, Rajratna Polymers Private Limited and 5 more, all in the Manufacturing industry (Pipes, Polymers).
Panachikkal Jaison Joseph ceased to be Director on 27 Sep 2010. Lijo George was appointed as Director on 27 Jan 2009. Panachikkal Joseph Georgekutty was appointed as Managing Director on 27 Jan 2009.
The registered office of Spinner Polymers is at Athani Industrial Development Plot No.2 IV191 Post Peringandoor, Thrissur, Kerala, India – 680581.