SPM Engmech India) Private Limited

SPM Engmech India) Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29293GJ2006PTC048171 Incorporated 21 April 2006 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹4.26 Cr
▼ 82% YoY
Net loss · FY 2024
₹12.58 Lakh
Net margin -3%
EBITDA · FY 2024
₹69.63 Lakh
EBITDA margin 16.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹4.31 Cr
Satisfied ₹4.1 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
10
Provident fund records

About SPM Engmech India) Private Limited

Data last updated:

SPM Engmech India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 April 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29293GJ2006PTC048171. Its GSTIN is 24AAJCS8180M1ZR (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Vijay Natwarlal Patel and Arpi Vijaykumar Patel.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 54 3 GIDC Phase I Vatva Ahmedabad, Gujarat, India – 382445.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.26 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹12.58 Lakh (net margin -3%) and EBITDA of ₹69.63 Lakh (EBITDA margin 16.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 17% 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 ₹4.31 Cr and satisfied charges of ₹4.1 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.

SPM Engmech India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0150704). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29293GJ2006PTC048171
Registration Number 048171
Incorporation Date 21 April 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0150704
Key People
Vijay Natwarlal Patel Director Arpi Vijaykumar Patel Director

Recognitions & Rankings of SPM Engmech India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0150704

Contact details

SPM Engmech India) Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    54 3 GIDC Phase I Vatva Ahmedabad, Gujarat, India – 382445
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment, Industrial Machinery Manufacturing

To see the full contact details of SPM Engmech India) Private Limited, buy the company report.

Comprehensive company report
SPM Engmech India) Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of SPM Engmech India) is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of SPM Engmech India) Private Limited, buy the company report.

Financials of SPM Engmech India) Private Limited

FY 2025 filings available

SPM Engmech India) Private Limited reported revenue of ₹4.26 Cr (down 82% YoY) for FY 2024.

Revenue · FY 2024
₹4.26 Cr ▼ 82%
Net loss · FY 2024
₹12.58 Lakh margin -3%
EBITDA · FY 2024
₹69.63 Lakh margin 16.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 19%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 1%
5 years · compounded
▼ 4%

Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 82% fall in the latest year. EBITDA fell 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹69.63 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.58 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.3%
Net Profit Margin-3%
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 SPM Engmech India) Private Limited, buy the company report.

Board of directors of SPM Engmech India) Private Limited

SPM Engmech India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Natwarlal Patel
Also directs: North Wind Papers Private Limited
Director21 Apr 200620 Years 6 MonthsCurrent
Arpi Vijaykumar PatelDirector27 Dec 200718 Years 10 MonthsCurrent
View all directors

Auditor

SPM Engmech India) Private Limited is audited by D J P & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D J P & Co.FY 2023144534

Shareholding

The shareholding of SPM Engmech 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of SPM Engmech India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.31 Cr
Satisfied charges
₹4.1 Cr
Breakdown by lending institutions
Others₹4.00 Cr
Axis Bank Limited₹0.31 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Oct 2024100998980Others₹4 CrOpen
26 Jul 2023100769389Axis Bank Limited₹30.85 LakhOpen
29 Jul 2020100422217Others₹3.75 CrSatisfied
20 Mar 200910150791Bank of India₹4.7 LakhSatisfied
26 Feb 200910148834Bank of India₹30 LakhSatisfied

To see the full charge records of SPM Engmech India) Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

SPM Engmech India) Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 397 overdue payments to 144 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 144)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of SPM Engmech India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

SPM Engmech India) Private Limited has a workforce of 10 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1

GST

SPM Engmech India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAJCS8180M1ZRGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of SPM Engmech India) Private Limited, buy the company report.

Recent activity

SPM Engmech India) Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Natvarbhai Narsinhbhai Patel ceased to be Director on 25 Sep 2011.

AGM
Spm Engmech India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spm Engmech India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100998980 was registered on 05 Oct 2024.
Charges
A charge registered on 29 Jul 2020 via Charge ID 100422217 with Others was fully satisfied on 25 Jul 2024.
Charges
A charge registered on 20 Mar 2009 via Charge ID 10150791 with Bank Of India was fully satisfied on 18 Jul 2024.
Charges
A charge registered on 26 Feb 2009 via Charge ID 10148834 with Bank Of India was fully satisfied on 10 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.85 Lakh with Charge ID 100769389 was registered on 26 Jul 2023.
Charges
A charge with Others amounted to Rs. 375.00 Lakh with Charge ID 100422217 was registered on 29 Jul 2020.
Ceased
Natvarbhai Narsinhbhai Patel ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 4.70 Lakh with Charge ID 10150791 was registered on 20 Mar 2009.
Charges
A charge with Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 10148834 was registered on 26 Feb 2009.
Ceased
Kalpesh Natwarlal Patel ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

SPM Engmech India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 21 April 2006 (20+ years old) and is registered under CIN U29293GJ2006PTC048171.

SPM Engmech India) has 2 current directors:

The latest financial statements of SPM Engmech India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of SPM Engmech India) is 24AAJCS8180M1ZR, registered in Gujarat.

The CIN (Corporate Identification Number) of SPM Engmech India) is U29293GJ2006PTC048171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

SPM Engmech India) has 5 court cases on record: 5 filed by the company. Most are in the district courts.

SPM Engmech India) was incorporated on 21 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Natvarbhai Narsinhbhai Patel ceased to be Director on 25 Sep 2011. Kalpesh Natwarlal Patel ceased to be Director on 07 Jan 2008. Arpi Vijaykumar Patel was appointed as Director on 27 Dec 2007. SPM Engmech India) has 6 board changes on record in total.

Yes, SPM Engmech India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0150704).

SPM Engmech India) has 6 MSME Form 1 returns on record between 2019 and 2023, listing 397 overdue payments to 144 micro and small suppliers. The latest return was filed on 28 Aug 2023.

The registered office of SPM Engmech India) is at 54 3 GIDC Phase I Vatva Ahmedabad, Gujarat, India – 382445.