About Spirax-Sarco India Private Limited
Data last updated:
Spirax-Sarco India Private Limited is a foreign private limited company based in Chengalpattu, Tamil Nadu, India, a subsidiary of Spirax - Sarco Engineering Bv. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29253TN2013FTC110741. Its GSTIN is 33AATCS4598R1Z2 (Tamil Nadu). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹38.98 Cr. It is led by directors Sriram Vaidyanathan (Whole-Time Director) and Lee Suay Wah.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No: 6 Central Avenue Mahindra World City, Chengalpattu, Tamil Nadu, India – 603004.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.59 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.68 Cr (net margin 6.8%) and EBITDA of ₹12.65 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 11% over five years.
The company has about 100 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹15 Lakh on record. Court records list 23 cases involving the company, including 22 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹155.51 Cr; the latest was in June 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spiraxsarco.com.
Company details
CIN history
Spirax-Sarco India has one previous CIN (Corporate Identification Number): U29253PN2013FTC148090. The current CIN is U29253TN2013FTC110741, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253TN2013FTC110741 | Current |
| U29253PN2013FTC148090 | Previous |
Contact details
Spirax-Sarco India Private Limited's registered office is in Chengalpattu, Tamil Nadu. Its website is spiraxsarco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No: 6 Central Avenue Mahindra World City, Chengalpattu, Tamil Nadu, India – 603004
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Spirax-Sarco India 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 activity of Spirax-Sarco India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Spirax-Sarco India Private Limited, buy the company report.
Financials of Spirax-Sarco India Private Limited
FY 2025 filings availableSpirax-Sarco India Private Limited reported revenue of ₹83.59 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 6% growth in the latest year. EBITDA rose 19% 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 | ₹12.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.68 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 | 15.1% | ||||
| Net Profit Margin | 6.8% | ||||
| 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 Spirax-Sarco India Private Limited, buy the company report.
Board of directors of Spirax-Sarco India Private Limited
Spirax-Sarco India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lee Suay Wah | Director | 15 Apr 2021 | 5 Years 6 Months | Current |
| Sriram Vaidyanathan | Whole-Time Director | 02 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Spirax-Sarco India Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Spirax-Sarco India 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spirax-Sarco India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2018 | 100212532 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Lakh | Satisfied |
To see the full charge records of Spirax-Sarco India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Spirax-Sarco India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹155.51 Cr; the latest was in June 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Funding round | ₹155.51 Cr | Investors: Spirax Sarco Engineering BV, Spirax Sarco Investments BV |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spirax-Sarco India Private Limited has 23 court cases on record: 22 filed by Spirax-Sarco India, 1 filed against it. 1 case is pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 1 | 1 |
Cases on record (4 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Agri Process Innovations Technologies LLP, Rep. Sashikumar Thimmaiah | Disposed |
| District court, Chengalpattu, Tamil Nadu | Criminal complaint | Filed by the company against Crystal Chemicals and Engineers Rep. Director, Rahul Sharma | Pending |
| District court, Kancheepuram, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Spirax-Sarco India 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 Spirax-Sarco India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spirax-Sarco India Private Limited has a workforce of 100 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Spirax-Sarco India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AATCS4598R1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
| 33AATCS4598R2Z1 | Tamil Nadu | Active | 14 Mar 2025 |
| 27AATCS4598R3ZT | Maharashtra | Active | 27 Feb 2018 |
| 09AATCS4598R1ZT | Uttar Pradesh | Active | 05 Mar 2018 |
To see the full GST registrations and return filing status of Spirax-Sarco India Private Limited, buy the company report.
Recent activity
Spirax-Sarco India Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Venkitaraman Govindarajan ceased to be Managing Director on 01 Oct 2022.
2 earlier events are in the company report.
Frequently asked questions
Spirax-Sarco India is an active foreign private limited company based in Chengalpattu, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 July 2013 (13+ years old) and is registered under CIN U29253TN2013FTC110741.
Spirax-Sarco India has 2 current directors:
- Sriram Vaidyanathan - Whole-Time Director
- Lee Suay Wah - Director
The latest financial statements of Spirax-Sarco India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Spirax-Sarco India is 33AATCS4598R1Z2, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 33AATCS4598R2Z1 (Tamil Nadu), 27AATCS4598R3ZT (Maharashtra), 09AATCS4598R1ZT (Uttar Pradesh).
The CIN (Corporate Identification Number) of Spirax-Sarco India is U29253TN2013FTC110741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spirax-Sarco India has 23 court cases on record: 22 filed by the company and 1 filed against it. 1 is pending.
Spirax-Sarco India was incorporated on 12 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Spirax-Sarco India has 1 deal on record (1 funding round), with disclosed funding of ₹155.51 Cr; the latest was in June 2014.
Venkitaraman Govindarajan ceased to be Managing Director on 01 Oct 2022. Sriram Vaidyanathan ceased to be Additional Director on 29 Sep 2022. Sriram Vaidyanathan was appointed as Whole-Time Director on 02 Sep 2022. Spirax-Sarco India has 9 board changes on record in total.
Spirax-Sarco India can be reached through the website spiraxsarco.com. Its registered office is in Chengalpattu, Tamil Nadu, India.