_LIMITED.webp)
About Spraytec (India) Limited
Data last updated:
Spraytec (India) Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Stella Indusstries Limited. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 17 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PLC053607. Its GSTIN is 07AAECS1856R3ZN (Delhi). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹58 Lakh. It is led by directors including Rishab Wassan (Managing Director) and Rohit Wassan.
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 Unit No. 389 Vegas Mall Block – B Plot No – 6, Sector – 14 Dwarka, New Delhi, Delhi, India – 110075.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.79 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹51.88 Lakh (net margin 2.2%) and EBITDA of ₹1.72 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹6.3 Cr and satisfied charges of ₹8.63 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spraytecindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No. 389 Vegas Mall Block – B Plot No – 6, Sector – 14 Dwarka, New Delhi, Delhi, India – 110075
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
- 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 Spraytec (India) Limited
The main business activity of Spraytec (India) is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Spraytec (India) Limited FY 2024 filings available
Spraytec (India) Limited reported revenue of ₹23.79 Cr (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spraytec (India) Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 33% growth in the latest year. EBITDA rose 57% 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 Spraytec (India) Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.88 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 of Spraytec (India) Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Spraytec (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.
Peer Comparison of Spraytec (India) Limited
Spraytec (India) 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 |
|---|---|---|---|---|---|---|
| FFS Defence Engineering Limited | ₹23.87 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Nagpur, Maharashtra, India |
| Stelz Multiparking Private Limited | ₹23.86 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Bangalore, Karnataka, India |
| Orion Water Treatment Infrastructure Private Limited | ₹23.86 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Alok Equipments Pvt.Ltd. | ₹23.81 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Pune, Maharashtra, India |
| Ingeco Gears Private Limited | ₹23.81 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Spraytec (India) Limited this company | ₹23.79 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
| Buhler & Scherler (India) Private Limited | ₹23.72 Cr (FY 2025) | •••• | •••• | 1720.0% | •••• | Anekal, Karnataka, India |
| Resistoflex Private Limited | ₹23.69 Cr (FY 2022) | •••• | •••• | 19.0% | •••• | Noida, Uttar Pradesh, India |
| Abp Induction Systems Private Limited | ₹23.69 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Savli, Gujarat, India |
| Therm Transfer Equipment Private Limited | ₹23.65 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | Vadodara, Gujarat, India |
| Trailer Louault India Private Limited | ₹23.58 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spraytec (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 Spraytec (India) Limited
Spraytec (India) Limited is audited by V SNEHI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V SNEHI & ASSOCIATES | 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.
Board of Directors of Spraytec (India) Limited
Spraytec (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Wassan | Director | 11 Jun 2012 | 14 Years 4 Months | Current |
| Anahita Wassan Also directs: Stella Indusstries Limited | Director | 10 Sep 2018 | 8 Years 1 Months | Current |
| Rishab Wassan Also directs: Stella Alloys Private Limited, Beverly Hills Polo Club Fragrances Private Limited, Stella Indusstries Limited and 3 more | Managing Director | 11 Jun 2012 | 14 Years 4 Months | Current |
Ownership and Shareholding of Spraytec (India) 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 Spraytec (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2024 | Others | ₹2.75 Cr | Open |
| 22 Dec 2023 | Others | ₹85 Lakh | Open |
| 15 Jul 2022 | Hdfc Bank Limited | ₹1.59 Cr | Open |
| 30 Jun 2020 | Others | ₹11.5 Lakh | Open |
| 20 Oct 2014 | Others | ₹99 Lakh | Open |
Total charge records: 10 View all charges
Legal Cases of Spraytec (India) Limited
Spraytec (India) Limited has 5 court cases on record: 2 filed by Spraytec (India), 3 filed against it. 3 cases are pending and 2 are disposed. Status as checked between 28 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 2 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by State | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Pending |
| High Court of Delhi | Court case (CUSAA) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Elasto Rubber P.Ltd | Disposed |
Full case history
All 5 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.
MSME Payment Delays by Spraytec (India) Limited
Spraytec (India) Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Apu Packaging India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 Spraytec (India) Limited
Employment history and EPFO contributions of people linked to Spraytec (India).
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 Spraytec (India) Limited
Spraytec (India) Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Anahita Wassan ceased to be Additional Director on 30 Sep 2019.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spraytec (India) 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.
Subsidiaries & Group Companies of Spraytec (India) 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 Spraytec (India) Limited
Spraytec (India) has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECS1856R3ZN | Delhi | Active | 14 Aug 2023 |
| 06AAECS1856R1ZR | Haryana | Active | 01 Jul 2017 |
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 Spraytec (India) 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 Spraytec (India) Limited
Spraytec (India) is an active public limited company based in New Delhi, Delhi, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 17 May 1993 (33+ years old) and is registered under CIN U74899DL1993PLC053607.
Spraytec (India) reported revenue of ₹23.79 Cr for FY 2024 (up 33% YoY).
Spraytec (India) has 3 current directors:
- Rishab Wassan - Managing Director
- Rohit Wassan - Director
- Anahita Wassan - Director
Spraytec (India) reported a net profit of ₹51.88 Lakh (net margin 2.2%) and EBITDA of ₹1.72 Cr (EBITDA margin 7.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spraytec (India) is 10% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spraytec (India) is 07AAECS1856R3ZN, registered in Delhi. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 06AAECS1856R1ZR (Haryana).
The CIN (Corporate Identification Number) of Spraytec (India) is U74899DL1993PLC053607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spraytec (India) has 5 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Spraytec (India) was incorporated on 17 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Spraytec (India) by revenue are FFS Defence Engineering Limited, Stelz Multiparking Private Limited, Orion Water Treatment Infrastructure Private Limited, Alok Equipments Pvt.Ltd, Ingeco Gears Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Anahita Wassan ceased to be Additional Director on 30 Sep 2019. Balraj Wassan ceased to be Director on 08 Nov 2018. Anahita Wassan was appointed as Director on 10 Sep 2018. Spraytec (India) has 10 board changes on record in total.
Spraytec (India) has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 Aug 2023.