MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-29-0000740
S.P.M. (India) Limited - machinery and equipment in Ramanagara, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4 Cr
▼ 50% YoY
Net profit · FY 2024
₹33.23 Lakh
Net margin 8.3%
EBITDA · FY 2024
₹71.33 Lakh
EBITDA margin 17.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹66.2 Lakh
Issued & subscribed
Open charges
₹27.57 Cr
Satisfied ₹15 Cr
Company age
29 yrs
Est. 1997
Directors on board
3
As per MCA filings
About S.P.M. (India) Limited
Data last updated:
S.P.M. (India) Limited is a public limited company based in Ramanagara, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1997PLC022059. Its GSTIN is 29AABCS9272N1ZK (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹66.2 Lakh. It is led by directors including Gogineni Damodara Ramakrishna and Bharathi Srinivas Murthy.
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 Kt No.182 Gdr Tech Ville No 8/1 Kethenahalli Village Bidadi Ramanagara, Karnataka, India – 562109.
As per the financials filed for FY 2024, the company reported a revenue of ₹4 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹33.23 Lakh (net margin 8.3%) and EBITDA of ₹71.33 Lakh (EBITDA margin 17.8%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹27.57 Cr and satisfied charges of ₹15 Cr on record. Court records list 127 cases involving the company, including 30 filed by the company and 101 filed against it; 11 cases are pending.
S.P.M. (India) Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-29-0000740). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website spmil.com.
Company details
CIN U85110KA1997PLC022059
Registration Number 022059
Incorporation Date 01 April 1997
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-29-0000740
CIN history
S.P.M. (India) has one previous CIN (Corporate Identification Number): U31909KA1997PTC022059. The current CIN is U85110KA1997PLC022059, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1997PLC022059 | Current |
| U31909KA1997PTC022059 | Previous |
Key People
Gogineni Damodara Ramakrishna Director Bharathi Srinivas Murthy Director Gogineni Krishna Parijatha Director Recognitions & Rankings of S.P.M. (India)
Contact details
S.P.M. (India) Limited's registered office is in Ramanagara, Karnataka. Its website is spmil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKt No.182 Gdr Tech Ville No 8/1 Kethenahalli Village Bidadi Ramanagara, Karnataka, India – 562109
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of S.P.M. (India) Limited, buy the company report.
Comprehensive company report
S.P.M. (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of S.P.M. (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of S.P.M. (India) Limited, buy the company report.
Financials of S.P.M. (India) Limited
FY 2024 filings availableS.P.M. (India) Limited reported revenue of ₹4 Cr (down 50% YoY) for FY 2024.
Revenue · FY 2024
₹4 Cr ▼ 50%
Net profit · FY 2024
₹33.23 Lakh margin 8.3%
EBITDA · FY 2024
₹71.33 Lakh margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 41%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 23%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 50% fall in the latest year. EBITDA rose 67% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹71.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.23 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 8.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of S.P.M. (India) Limited, buy the company report.
Board of directors of S.P.M. (India) Limited
S.P.M. (India) has 3 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 |
|---|---|---|---|---|
| Gogineni Damodara Ramakrishna Also directs: GDR Mektek Private Limited, Quicloc Private Limited, Spmil Innotec Private Limited and 1 more | Director | 01 Apr 1997 | 29 Years 6 Months | Current |
| Bharathi Srinivas Murthy | Director | 27 Jun 2018 | 8 Years 3 Months | Current |
| Gogineni Krishna Parijatha | Director | 15 Sep 2015 | 11 Years 1 Months | Current |
Auditor
S.P.M. (India) Limited is audited by ANUMOLUBALAMURALIKRISHNA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANUMOLUBALAMURALIKRISHNA | FY 2023 | 029110 |
Shareholding
The shareholding of S.P.M. (India) 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S.P.M. (India) Limited, buy the company report.
Charges & borrowings
Open charges
₹27.57 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2011 | 10284194 | Tata Capital Limited | ₹5 Cr | Open | |
| 29 Jan 1998 | 80014359 | State Bank of India | ₹22.57 Cr | Open | |
| 13 Feb 2015 | 10552051 | Tata Capital Financial Services Limited | ₹10 Cr | Satisfied | |
| 25 Apr 2012 | 10356523 | Tata Capital Financial Services Limited | ₹5 Cr | Satisfied |
To see the full charge records of S.P.M. (India) Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
S.P.M. (India) Limited has 127 court cases on record: 30 filed by S.P.M. (India), 101 filed against it. 11 cases are pending and 116 are disposed.
Total cases
127
Filed by the company
30
Filed against the company
101
Pending
11
Disposed
116
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 109 | 94 | 10 |
| High courts | 18 | 7 | 1 |
Cases on record (5 of 127)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against Armoured Vehicles Nigam Limited (Avnl), and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by SPM India Ltd Workers Union Union of Bsiwu | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed by the company against SPM India Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Symbiotic Automation Systems Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Siddhi Kabel Corporation Pvt Ltd | Disposed |
To see the full case history of S.P.M. (India) 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.
Credit ratings & regulatory alerts
S.P.M. (India) Limited was last rated by Crisil on 20 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Jul 2020 |
To see the full credit ratings and regulatory alerts of S.P.M. (India) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S.P.M. (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S.P.M. (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS9272N1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.P.M. (India) Limited, buy the company report.
Recent activity
S.P.M. (India) Limited has 7 board changes on record since 1997: 3 appointments and 4 cessations. The latest: Venkatesh Damodara Gogineni ceased to be Director on 18 Jun 2021.
Charges
A charge registered on 13 Feb 2015 via Charge ID 10552051 with Tata Capital Financial Services Limited was fully satisfied on 02 Jul 2025.
Charges
A charge registered on 25 Apr 2012 via Charge ID 10356523 with Tata Capital Financial Services Limited was fully satisfied on 02 Jul 2025.
AGM
S.P.M. (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
S.P.M. (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Venkatesh Damodara Gogineni ceased to be Director.
Appointed
Bharathi Srinivas Murthy was appointed as Director.
Ceased
Gogineni Krishna Parijatha ceased to be Additional Director.
Appointed
Gogineni Krishna Parijatha was appointed as Director.
Ceased
Hanumanth Ramachandra Desai ceased to be Director.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 1,000.00 Lakh with Charge ID 10552051 was registered on 13 Feb 2015.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 500.00 Lakh registered on 25 Apr 2012 with Charge ID 10356523 was modified on 26 May 2014.
Charges
A charge with State Bank Of India of Rs. 2,257.00 Lakh registered on 29 Jan 1998 with Charge ID 80014359 was modified on 09 Apr 2014.
6 earlier events are in the company report.
Frequently asked questions
S.P.M. (India) is an active public limited company based in Ramanagara, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 01 April 1997 (29+ years old) and is registered under CIN U85110KA1997PLC022059.
S.P.M. (India) has 3 current directors:
- Gogineni Damodara Ramakrishna - Director
- Bharathi Srinivas Murthy - Director
- Gogineni Krishna Parijatha - Director
The latest financial statements of S.P.M. (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of S.P.M. (India) is 29AABCS9272N1ZK, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of S.P.M. (India) is U85110KA1997PLC022059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.P.M. (India) has 127 court cases on record: 30 filed by the company and 101 filed against it. 11 are pending. Most are in the district courts.
S.P.M. (India) was incorporated on 01 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Venkatesh Damodara Gogineni ceased to be Director on 18 Jun 2021. Bharathi Srinivas Murthy was appointed as Director on 27 Jun 2018. Gogineni Krishna Parijatha ceased to be Additional Director on 30 Sep 2015. S.P.M. (India) has 7 board changes on record in total.
Yes, S.P.M. (India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-29-0000740).
S.P.M. (India) can be reached through the website spmil.com. Its registered office is in Ramanagara, Karnataka, India.