SPS Spinners Private Limited
About SPS Spinners Private Limited
Data last updated:
SPS Spinners Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1994PTC005560. Its GSTIN is 33AADCS1867P1ZW (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors including Arunachalamchettiar Chidambaram (Managing Director) and Sathappan Jayalakshmi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 5 495 Chinnamaddampalayammettuppalayam Road Bilichi Post, Coimbatore, Tamil Nadu, India – 641019.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.43 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹10.51 Lakh (net margin -2.4%) and EBITDA of ₹21.21 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 11% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.44 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
SPS Spinners Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address5 495 Chinnamaddampalayammettuppalayam Road Bilichi Post, Coimbatore, Tamil Nadu, India – 641019
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of SPS Spinners 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 SPS Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of SPS Spinners Private Limited, buy the company report.
Financials of SPS Spinners Private Limited
FY 2023 filings availableSPS Spinners Private Limited reported revenue of ₹4.43 Cr (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 17% growth in the latest year. EBITDA rose 214% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹21.21 Lakh | ||||
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| Net Profit (PAT) | -₹10.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | -2.4% | ||||
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To see the full financial statements and ratios of SPS Spinners Private Limited, buy the company report.
Board of directors of SPS Spinners Private Limited
SPS Spinners has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saradha Chithambaram Also directs: Shree Rameshwar Spinning Mills Private Limited | Director | 04 May 2016 | 10 Years 5 Months | Current |
| Sathappan Jayalakshmi Also directs: Saasi Knitter LLP, Altdc Clothing Private Limited | Whole-Time Director | 01 Sep 1997 | 29 Years 1 Months | Current |
| Arunachalamchettiar Chidambaram Also directs: Shree Rameshwar Spinning Mills Private Limited | Managing Director | 06 Apr 2000 | 26 Years 6 Months | Current |
Peer comparison
SPS Spinners Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deekay Spinning Mills Limited | ₹4.43 Cr (FY 2025) | -3.0% | Thane, Maharashtra, India | |||
| Venus P P V Spinning Mills Private Limited | ₹4.43 Cr (FY 2019) | -24.0% | Salem, Tamil Nadu, India | |||
| Ithaca Clothing Private Limited | ₹4.43 Cr (FY 2024) | -31.0% | Bangalore, Karnataka, India | |||
| Bestitch Knits Private Limited | ₹4.43 Cr (FY 2025) | 1635.0% | Tirupur, Tamil Nadu, India | |||
| SPS Spinners Private Limitedthis company | ₹4.43 Cr (FY 2023) | -₹10.51 Lakh | -2.4% | 17.0% | 26 | Coimbatore, Tamil Nadu, India |
| Pinehill Business Direct Private Limited | ₹4.42 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Vaman Fabrics Private Limited | ₹4.42 Cr (FY 2016) | -88.0% | Surat, Gujarat, India |
To see the full peer comparison of SPS Spinners Private Limited, buy the company report.
Auditor
SPS Spinners Private Limited is audited by J RAM & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J RAM & CO | FY 2019 | 050078S |
Shareholding
The shareholding of SPS Spinners Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of SPS Spinners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 1995 | 90002803 | Indian Bank | ₹71.8 Lakh | Open | |
| 17 Jun 1995 | 90002788 | Indian Bank | ₹16.5 Lakh | Open | |
| 13 Apr 1995 | 90002757 | Indian Bank | ₹55.3 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
SPS Spinners Private Limited has 2 court cases on record: 2 filed by SPS Spinners. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The State of Tamilnadu | Disposed |
| Madras High Court | Court case (WPMP) | Filed by the company against The State of Tamilnadu | Disposed |
To see the full case history of SPS Spinners 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 SPS Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SPS Spinners Private Limited has a workforce of 26 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
SPS Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCS1867P1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SPS Spinners Private Limited, buy the company report.
Recent activity
SPS Spinners Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Saradha Chithambaram ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
SPS Spinners is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 December 1994 (32+ years old) and is registered under CIN U17111TZ1994PTC005560.
SPS Spinners has 3 current directors:
- Arunachalamchettiar Chidambaram - Managing Director
- Sathappan Jayalakshmi - Whole-Time Director
- Saradha Chithambaram - Director
The latest financial statements of SPS Spinners on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of SPS Spinners is 33AADCS1867P1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of SPS Spinners is U17111TZ1994PTC005560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPS Spinners has 2 court cases on record: 2 filed by the company.
SPS Spinners was incorporated on 06 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of SPS Spinners by revenue are Deekay Spinning Mills Limited, Venus P P V Spinning Mills Private Limited, Ithaca Clothing Private Limited, Bestitch Knits Private Limited, Pinehill Business Direct Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Saradha Chithambaram ceased to be Additional Director on 30 Sep 2016. Saradha Chithambaram was appointed as Director on 04 May 2016. Arunachalamchettiar Chidambaram was appointed as Managing Director on 06 Apr 2000. SPS Spinners has 4 board changes on record in total.
The registered office of SPS Spinners is at 5 495 Chinnamaddampalayammettuppalayam Road Bilichi Post, Coimbatore, Tamil Nadu, India – 641019.
SPS Spinners operates in the manufacturing industry, in the textile and fabric production segment.