Sun Spintex India Limited
About Sun Spintex India Limited
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Sun Spintex India Limited was a public limited company based in Coimbatore, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electric power generation segment of the energy sector. It was incorporated on 10 February 2011.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2011PLC016747.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Sun Spintex India Private Limited. It was led by directors including Sethuraj Kothandaram and Dinakaran Senthilkumar.
Its last annual general meeting (AGM) was held on 09 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 504 Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.26 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 34.9%) and EBITDA of ₹2.05 Cr (EBITDA margin 62.9%).
As per MCA filings, the company had satisfied charges of ₹75 Lakh on record.
Company details
CIN history
Sun Spintex India has one previous CIN (Corporate Identification Number): U17111TZ2011PTC016747. The current CIN is U17111TZ2011PLC016747, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TZ2011PLC016747 | Current |
| U17111TZ2011PTC016747 | Previous |
Contact details
Sun Spintex India Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address504 Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
To see the full contact details of Sun Spintex India 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 Sun Spintex India is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Sun Spintex India Limited, buy the company report.
Financials of Sun Spintex India Limited
FY 2017 filings availableSun Spintex India Limited reported revenue of ₹3.26 Cr (up 65% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 65% in the latest year. EBITDA rose 764% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹3.26 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.05 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.14 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 62.9% | ||
| Net Profit Margin | 34.9% | ||
| 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 Sun Spintex India Limited, buy the company report.
Board of directors of Sun Spintex India Limited
Sun Spintex India 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 |
|---|---|---|---|---|
| Sethuraj Kothandaram | Director | 30 Nov 2015 | 10 Years 10 Months | As last reported |
| Dinakaran Senthilkumar | Director | 10 Feb 2011 | 15 Years 8 Months | As last reported |
| Nethra Jayavarthanavelu Senthil Kumar | Director | 10 Feb 2011 | 15 Years 8 Months | As last reported |
Peer comparison
Sun Spintex India Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ascot Solar Private Limited | ₹3.31 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Himshakti Projects Private Limited | ₹3.29 Cr (FY 2025) | -31.0% | Shimla, Himachal Pradesh, India | |||
| Azure Power (Gujrat) Private Limited | ₹3.27 Cr (FY 2025) | -58.0% | Dasada, Gujarat, India | |||
| Pinnacle Renewable Energy Private Limited | ₹3.26 Cr (FY 2025) | 7.0% | Delhi, India | |||
| Silcotech Innovations Private Limited | ₹3.26 Cr (FY 2025) | 223.0% | Lucknow, Uttar Pradesh, India | |||
| Sun Spintex India Limitedthis company | ₹3.26 Cr (FY 2017) | ₹1.14 Cr | 34.9% | 65.0% | Coimbatore, Tamil Nadu, India | |
| Ipc Indus Power Technology Private Limited | ₹3.25 Cr (FY 2024) | 126.0% | Ghaziabad, Uttar Pradesh, India | |||
| Green Technnovations Solutions Private Limited | ₹3.25 Cr (FY 2025) | 1026.0% | Pune, Maharashtra, India | |||
| Sadabahar Agro Plantations Private Limited | ₹3.25 Cr (FY 2025) | 18.0% | Thane, Maharashtra, India | |||
| MB Green Energy Private Limited | ₹3.23 Cr (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| N T Power Projects ( India ) Private Limited | ₹3.22 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Sun Spintex India Limited, buy the company report.
Auditor
Sun Spintex India Limited is audited by S.Krishnamoorthy&Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.Krishnamoorthy&Co | FY 2017 | 001496S |
Shareholding
The shareholding of Sun Spintex India Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sun Spintex India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100054692 | Others | ₹75 Lakh | Satisfied |
To see the full charge records of Sun Spintex India Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sun Spintex India Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sun Spintex India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sun Spintex India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sun Spintex India Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Sethuraj Kothandaram ceased to be Additional Director on 22 Aug 2016.
Frequently asked questions
Sun Spintex India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sun Spintex India was a public limited company based in Coimbatore, Tamil Nadu, India. The company worked in electric power generation, within the energy industry. It was incorporated on 10 February 2011 and is registered under CIN U17111TZ2011PLC016747. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sun Spintex India was incorporated on 10 February 2011. It is registered with the Registrar of Companies, Coimbatore.
Sun Spintex India had 3 directors:
- Sethuraj Kothandaram - Director
- Dinakaran Senthilkumar - Director
- Nethra Jayavarthanavelu Senthil Kumar - Director
The CIN (Corporate Identification Number) of Sun Spintex India is U17111TZ2011PLC016747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sun Spintex India is at 504 Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004.
The latest financial statements of Sun Spintex India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 09 August 2017. Year-wise statements from 2015 are in the company report.
Sun Spintex India operated in the energy industry, in the electric power generation segment.
The peers of Sun Spintex India by revenue are Ascot Solar Private Limited, Himshakti Projects Private Limited, Azure Power (Gujrat) Private Limited, Pinnacle Renewable Energy Private Limited, Silcotech Innovations Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Sethuraj Kothandaram ceased to be Additional Director on 22 Aug 2016. Sethuraj Kothandaram was appointed as Director on 30 Nov 2015. Venkatasamy Naidu Purushothaman ceased to be Director on 30 Nov 2015. Sun Spintex India has 5 board changes on record in total.
Sun Spintex India has no open charges and satisfied charges of ₹75 Lakh as per latest MCA filings.