Startup India Government of India
Spinnmax Tyres Private Limited - automotive in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹61.46 Cr
▲ 1864% YoY
Net loss · FY 2023
₹9.67 Cr
Net margin -15.7%
EBITDA · FY 2023
₹26.96 Cr
EBITDA margin 43.9%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹614.2 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Spinnmax Tyres Private Limited
Data last updated:
Spinnmax Tyres Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 11 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25111TG2019PTC136008. Its GSTIN is 36ABCCS7498A1Z5 (Telangana).
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹20 Cr. It is led by directors Syed Warisuddin Naveed and Suprajj Reddy Papireddy.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sy.No.315 & 316 Ameenpur Road Bachupally Village Quthbullapur (M), Hyderabad, Telangana, India – 500090.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.67 Cr (net margin -15.7%) and EBITDA of ₹26.96 Cr (EBITDA margin 43.9%).
The company is associated with 1 brand: Spinnmax. As per MCA filings, the company has open charges of ₹614.2 Cr on record. Court records list 1 case involving the company.
For more details, the company can be reached via its website spinnmaxtyres.com.
Company Details of Spinnmax Tyres Private Limited
CIN U25111TG2019PTC136008
Registration Number 136008
Incorporation Date 11 October 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Spinnmax Tyres
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSy.No.315 & 316 Ameenpur Road Bachupally Village Quthbullapur (M), Hyderabad, Telangana, India – 500090
- IndustryAutomotive, Auto Parts & Components
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Associated Brands with Spinnmax Tyres Private Limited
Spinnmax Tyres operates one associated brand: Spinnmax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures B2B tyres for vehicles with custom designs and bulk supplies. | spinnmaxtyres.com |
Financials of Spinnmax Tyres Private Limited FY 2025 filings available
Spinnmax Tyres Private Limited reported revenue of ₹61.46 Cr (up 1864% YoY) for FY 2023.
Revenue · FY 2023
₹61.46 Cr ▲ 1864%
Net loss · FY 2023
₹9.67 Cr margin -15.7%
EBITDA · FY 2023
₹26.96 Cr margin 43.9%
Financial Statement Summary of Spinnmax Tyres Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹61.46 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.96 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.67 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 of Spinnmax Tyres Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 43.9% | •••• | •••• | •••• |
| Net Profit Margin | -15.7% | •••• | •••• | •••• |
| 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 Spinnmax Tyres are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Spinnmax Tyres Private Limited
Spinnmax Tyres has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syed Warisuddin Naveed Also directs: Vilas Polymer Private Limited, Ace Tyres Private Limited | Director | 11 Oct 2019 | 7 Years 0 Months | Current |
| Suprajj Reddy Papireddy Also directs: Elemental Realty Projects LLP | Director | 11 Oct 2019 | 7 Years 0 Months | Current |
Auditor Details of Spinnmax Tyres Private Limited
Spinnmax Tyres Private Limited is audited by Eswar & Co., for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Eswar & Co., | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Spinnmax Tyres Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Spinnmax Tyres Private Limited
Open charges
₹614.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2025 | Hdfc Bank Limited | ₹150 Cr | Open |
| 09 Jan 2025 | Others | ₹20 Cr | Open |
| 26 Jul 2024 | Citi Bank N.A. | ₹100 Cr | Open |
| 02 Sep 2023 | Others | ₹7.2 Cr | Open |
| 23 Aug 2023 | Others | ₹32 Cr | Open |
Total charge records: 9 View all charges
Legal Cases of Spinnmax Tyres Private Limited
Spinnmax Tyres Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Total cases
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Court case (WP(PIL)) | Company is another party | Disposed |
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All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Spinnmax Tyres Private Limited
Spinnmax Tyres Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Beacon Elevator Company Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Technosys Equipments Private Limited | •••• | •••• | •••• |
| Solwet Marketing 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 Spinnmax Tyres Private Limited
Employment history and EPFO contributions of people linked to Spinnmax Tyres.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Spinnmax Tyres Private Limited
Spinnmax Tyres Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Suneel Kumar Mahadasyam ceased to be Company Secretary on 01 Apr 2024.
AGM
Spinnmax Tyres Private Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Cr with Charge ID 101137380 was registered on 23 Jun 2025.
Filing
Spinnmax Tyres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101041535 was registered on 09 Jan 2025.
Charges
A charge with Citi Bank N.A. amounted to Rs. 100.00 Cr with Charge ID 100966065 was registered on 26 Jul 2024.
Ceased
Suneel Kumar Mahadasyam ceased to be Company Secretary.
Charges
A charge with Others amounted to Rs. 7.20 Cr with Charge ID 100783966 was registered on 02 Sep 2023.
Charges
A charge with Others amounted to Rs. 32.00 Cr with Charge ID 100765561 was registered on 23 Aug 2023.
Charges
A charge with Citi Bank N.A. amounted to Rs. 120.00 Cr with Charge ID 100735652 was registered on 08 Jun 2023.
Charges
A charge with Citi Bank N.A. of Rs. 25.00 Cr registered on 28 Jan 2022 with Charge ID 100539099 was modified on 22 Feb 2022.
Charges
A charge with Citi Bank N.A. of Rs. 150.00 Cr registered on 14 Mar 2020 with Charge ID 100335604 was modified on 22 Feb 2022.
Charges
A charge with Citi Bank N.A. of Rs. 10.00 Cr registered on 14 Mar 2020 with Charge ID 100335605 was modified on 22 Feb 2022.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spinnmax Tyres Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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Subsidiaries & Group Companies of Spinnmax Tyres Private Limited
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Corporate group structure
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GST Compliance of Spinnmax Tyres Private Limited
Spinnmax Tyres has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABCCS7498A1Z5 | Telangana | Active | 21 Dec 2019 |
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MCA Filings & Documents of Spinnmax Tyres Private Limited
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MCA filings and documents
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Frequently Asked Questions about Spinnmax Tyres Private Limited
Spinnmax Tyres is an active private limited company based in Hyderabad, Telangana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 11 October 2019 (7+ years old) and is registered under CIN U25111TG2019PTC136008.
Spinnmax Tyres reported revenue of ₹61.46 Cr for FY 2023 (up 1864% YoY).
Spinnmax Tyres has 2 current directors:
- Syed Warisuddin Naveed - Director
- Suprajj Reddy Papireddy - Director
Spinnmax Tyres reported a net loss of ₹9.67 Cr (net margin -15.7%) and EBITDA of ₹26.96 Cr (EBITDA margin 43.9%) for FY 2023, as per its filed financial statements.
The GSTIN of Spinnmax Tyres is 36ABCCS7498A1Z5, registered in Telangana.
The CIN (Corporate Identification Number) of Spinnmax Tyres is U25111TG2019PTC136008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinnmax Tyres has 1 court case on record.
Spinnmax Tyres was incorporated on 11 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Suneel Kumar Mahadasyam ceased to be Company Secretary on 01 Apr 2024. Sirisha Singapuram ceased to be Company Secretary on 01 Dec 2020. Suprajj Reddy Papireddy was appointed as Director on 11 Oct 2019. Spinnmax Tyres has 4 board changes on record in total.
Yes, Spinnmax Tyres is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Spinnmax Tyres has 3 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 27 Apr 2022.