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 15 cases involving the company, including 14 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. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Kova Fasteners Private Limited with revenue of ₹84.01 Cr.
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.
CIN History of Spirax-Sarco India Private Limited
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 |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No: 6 Central Avenue Mahindra World City, Chengalpattu, Tamil Nadu, India – 603004
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Spirax-Sarco India Private Limited
The main business activity of Spirax-Sarco India is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and 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 Spirax-Sarco India Private Limited FY 2025 filings available
Spirax-Sarco India Private Limited reported revenue of ₹83.59 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spirax-Sarco India Private Limited
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 of Spirax-Sarco India Private Limited
| 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 of Spirax-Sarco India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Spirax-Sarco India 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.
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 |
Peer Comparison of Spirax-Sarco India Private Limited
Spirax-Sarco India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kova Fasteners Private Limited | ₹84.01 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Ludhiana, Punjab, India |
| Thermo Care Rockwool India Private Limited | ₹84 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Rajnandgaon, Chhattisgarh, India |
| KC Cottrell India Private Limited | ₹83.97 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Gurgaon, Haryana, India |
| Indian Stores Supplying Company Private Limited | ₹83.93 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Pluss Advanced Technologies Limited | ₹83.6 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Spirax-Sarco India Private Limited this company | ₹83.59 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Repos Iot India Private Limited | ₹83.53 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Banmore Electricals Pvt Ltd | ₹83.12 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Gwalior, Madhya Pradesh, India |
| Creative Enviro Control Private Limited | ₹82.97 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Mumbai, Maharashtra, India |
| Kyowa Natesan Synchro Technologies Private Limited | ₹82.73 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Autometers Energitec Limited | ₹82.58 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Spirax-Sarco India by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Spirax-Sarco India Private Limited
Spirax-Sarco India Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS LLP | 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.
Ownership and Shareholding of Spirax-Sarco India 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 Spirax-Sarco India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2018 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Lakh | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Spirax-Sarco India Private Limited
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 |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Spirax-Sarco India Private Limited
Spirax-Sarco India Private Limited has 15 court cases on record: 14 filed by Spirax-Sarco India, 1 filed against it. 1 case is pending and 14 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 1 | 1 |
Cases on record (4 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Agri Process Innovations Technologies LLP | Disposed |
| District court, Chengalpattu, Tamil Nadu | Criminal complaint | Filed by the company against Crystal Chemicals and Engineers | Pending |
| District court, Chengalpattu, 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 |
Full case history
All 15 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.
Employees and EPFO Compliance at Spirax-Sarco India Private Limited
Spirax-Sarco India Private Limited has a workforce of 100 employees as of Apr 08, 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 Spirax-Sarco India Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spirax-Sarco India 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 Spirax-Sarco India 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 Spirax-Sarco India 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 Spirax-Sarco India Private Limited
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 |
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 Spirax-Sarco India 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 Spirax-Sarco India Private Limited
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 reported revenue of ₹83.59 Cr for FY 2025 (up 6% YoY).
Spirax-Sarco India has 2 current directors:
- Sriram Vaidyanathan - Whole-Time Director
- Lee Suay Wah - Director
Spirax-Sarco India reported a net profit of ₹5.68 Cr (net margin 6.8%) and EBITDA of ₹12.65 Cr (EBITDA margin 15.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spirax-Sarco India is 24% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
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 15 court cases on record: 14 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.
The peers of Spirax-Sarco India by revenue are Kova Fasteners Private Limited, Thermo Care Rockwool India Private Limited, KC Cottrell India Private Limited, Indian Stores Supplying Company Private Limited, Pluss Advanced Technologies Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).