About Texspin Bearings Ltd
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Texspin Bearings Ltd is a public limited company based in Ahmedabad, Gujarat, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 08 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ1995PLC028061. Its GSTIN is 24AAACT5735G1ZH (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹16.46 Cr. It is led by directors including Dipen Makwana Bhupendra (Managing Director) and Bhupendra Chunilal Makwana (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 804 Shapath – IV Opp Karnavati Club S.G.Highway, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹874.85 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹68.01 Cr (net margin 7.8%) and EBITDA of ₹142.72 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 19% over five years.
The company has about 584 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: TEXSPIN Bearings. As per MCA filings, the company has open charges of ₹582.81 Cr and satisfied charges of ₹92.94 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website texspin.com.
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- Website
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- Registered AddressB – 804 Shapath – IV Opp Karnavati Club S.G.Highway, Ahmedabad, Gujarat, India – 380051
- IndustryAutomotive, Auto Parts & Components
- 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
Associated Brands with Texspin Bearings Ltd
Texspin Bearings operates one associated brand: TEXSPIN Bearings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies clutch components to OEMs and the aftermarket. | texspin.com |
Competitors & Alternatives of Texspin Bearings Ltd
Brands and companies operating in the same space as Texspin Bearings Ltd include Happy Forgings, Gates, Dana and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happy Forgings | Drive transmission components are manufactured and supplied. | Ludhiana, India | 1973 |
 Gates | Transmission components are manufactured and supplied to the aftermarket. | Denver, United States | 1911 |
 Dana | Driveline technologies and components for electrified light vehicles are supplied. | Maumee, United States | 1904 |
 Ricardo | Drive transmission components are manufactured and supplied to OEMs. | - | 1915 |
 Divgi TorqTransfer Systems | Automotive transmission systems are manufactured and supplied to OEMs. | Pune, India | 1995 |
 New Motion Labs | Automotive transmission systems are manufactured by New Motion Labs. | London, United Kingdom | 2019 |
 Imperial Auto | Manufacturer and assembler of fluid transmission products and high & low pressure hose assemblies | Faridabad, India | 1969 |
 Cloyes | Timing drive systems and gear parts for automobile manufacturers | Fort Smith, United States | 1921 |
Business Activity of Texspin Bearings Ltd
The main business activities of Texspin Bearings are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| 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.
Auditor Details of Texspin Bearings Ltd
Texspin Bearings Ltd is audited by Parikh & Majmudar for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Parikh & Majmudar | 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 and KMP of Texspin Bearings Ltd
Texspin Bearings Ltd currently reports 7 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karishma Aditya Patel | Director | 07 Jul 2021 | 5 Years 2 Months | Current |
| Divya Nihar Patel | Director | 15 Mar 2019 | 7 Years 6 Months | Current |
| Jigar Harshadkumar Shah | Company Secretary | 25 Aug 2025 | 1 Years 1 Months | Current |
| Rajan Wadhera Also directs: G N A Axles Limited, Ask Automotive Limited | Director | 11 Jul 2025 | 1 Years 2 Months | Current |
| Dipen Makwana Bhupendra | Managing Director | 01 Nov 2004 | 21 Years 11 Months | Current |
| Vishal Bhupendra Makwana Also directs: Texspin Technologies LLP, Texspin Autocomp Private Limited, Mog Technologies Private Limited and 2 more | Whole-Time Director | 01 Apr 2013 | 13 Years 6 Months | Current |
Financials of Texspin Bearings Ltd FY 2025 filings available
Texspin Bearings Ltd reported revenue of ₹874.85 Cr (up 10.00% YoY) for FY 2025.
Growth of Texspin Bearings Ltd
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▲ 10% | ▲ 17% | ▲ 19% |
| Net profit | ▲ 12% | ▲ 9% | ▲ 20% |
| EBITDA | ▲ 9% | ▲ 15% | ▲ 20% |
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 10% growth 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 Texspin Bearings Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹142.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹68.01 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Texspin Bearings Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 Texspin Bearings 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.
Ownership and Shareholding of Texspin Bearings Ltd
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.
Group Structure of Texspin Bearings Ltd
Texspin Bearings has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Texspin Smith Tech Private Limited | U27300GJ2022PTC137349 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Texspin Bearings Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2025 | Hdfc Bank Limited | ₹35 Lakh | Open |
| 25 Jul 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹12 Cr | Open |
| 21 Jun 2025 | Hdfc Bank Limited | ₹18.6 Lakh | Open |
| 05 Jul 2024 | Others | ₹75.99 Lakh | Open |
| 05 Apr 2024 | Others | ₹244.8 Cr | Open |
Total charge records: 26 View all charges
Employees and EPFO Compliance at Texspin Bearings Ltd
Texspin Bearings Ltd has a workforce of 584 employees as of Apr 08, 2024.
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.
GST Compliance of Texspin Bearings Ltd
Texspin Bearings has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACT5735G1ZH | Gujarat | 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.
Credit Ratings, Litigation & Regulatory Alerts for Texspin Bearings Ltd
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.
MSME Payment Delays by Texspin Bearings Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Texspin Bearings Ltd
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.
MCA Filings & Documents of Texspin Bearings Ltd
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.
Recent Activity on Texspin Bearings Ltd
Frequently Asked Questions about Texspin Bearings Ltd
Texspin Bearings is an active public limited company based in Ahmedabad, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 08 November 1995 (31+ years old) and is registered under CIN U29120GJ1995PLC028061.
Texspin Bearings reported revenue of ₹874.85 Cr for FY 2025 (up 10.00% YoY).
Texspin Bearings has 8 current directors and KMP:
- Dipen Makwana Bhupendra - Managing Director
- Bhupendra Chunilal Makwana - Managing Director
- Vishal Bhupendra Makwana - Whole-Time Director
- Karishma Aditya Patel - Director
- Divya Nihar Patel - Director
- Rajan Wadhera - Director
- Vishal Zinabhai Patel - Director
- Jigar Harshadkumar Shah - Company Secretary
Texspin Bearings reported a net profit of ₹68.01 Cr (net margin 7.8%) and EBITDA of ₹142.72 Cr (EBITDA margin 16.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Texspin Bearings is 17% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Texspin Bearings is 24AAACT5735G1ZH, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Texspin Bearings is U29120GJ1995PLC028061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Texspin Bearings was incorporated on 08 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Texspin Bearings can be reached through the website texspin.com. Its registered office is in Ahmedabad, Gujarat, India.