MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0187967
Spartek Ceramics India Limited - metals and minerals in Tirupati, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹21.14 Cr
▲ 21% YoY
Net profit · FY 2023
₹1.15 Cr
Net margin 5.5%
EBITDA · FY 2023
₹1.22 Cr
EBITDA margin 5.8%
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹17.81 Cr
Issued & subscribed
Open charges
₹52.07 Cr
Satisfied ₹159.45 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
25
Provident fund records
About Spartek Ceramics India Limited
Data last updated:
Spartek Ceramics India Limited is a public limited company based in Tirupati, Andhra Pradesh, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 09 March 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U26914AP1983PLC003847. Its GSTIN is 33AADCS1235K2ZJ (Tamil Nadu). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹17.81 Cr. It is led by directors including Lakshmana Rao and Ramasami Ananthakrishnan.
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 Mittapalem Narasingapuram, Tirupati, Andhra Pradesh, India – 517502.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.14 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 5.5%) and EBITDA of ₹1.22 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 147% over three years and 73% over five years.
The company has about 25 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹52.07 Cr and satisfied charges of ₹159.45 Cr on record. Court records list 81 cases involving the company, including 59 filed by the company and 22 filed against it; 4 cases are pending.
Spartek Ceramics India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0187967). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spartek.in.
Company details
CIN U26914AP1983PLC003847
Registration Number 003847
Incorporation Date 09 March 1983
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0187967
CIN history
Spartek Ceramics India has one previous CIN (Corporate Identification Number): L26914AP1983PLC003847. The current CIN is U26914AP1983PLC003847, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26914AP1983PLC003847 | Current |
| L26914AP1983PLC003847 | Previous |
Key People
Thasulu Mani Cfo Lakshmana Rao Additional Director Ramasami Ananthakrishnan Additional Director Recognitions & Rankings of Spartek Ceramics India
Contact details
Spartek Ceramics India Limited's registered office is in Tirupati, Andhra Pradesh. Its website is spartek.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMittapalem Narasingapuram, Tirupati, Andhra Pradesh, India – 517502
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Spartek Ceramics India Limited, buy the company report.
Comprehensive company report
Spartek Ceramics 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
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Business activity
The main business activity of Spartek Ceramics India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Spartek Ceramics India Limited, buy the company report.
Financials of Spartek Ceramics India Limited
FY 2023 filings availableSpartek Ceramics India Limited reported revenue of ₹21.14 Cr (up 21% YoY) for FY 2023.
Revenue · FY 2023
₹21.14 Cr ▲ 21%
Net profit · FY 2023
₹1.15 Cr margin 5.5%
EBITDA · FY 2023
₹1.22 Cr margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 147%
5 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 28%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 21% growth in the latest year. EBITDA rose 9% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.14 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 5.5% | ||||
| 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 Spartek Ceramics India Limited, buy the company report.
Board of directors and KMP of Spartek Ceramics India Limited
Spartek Ceramics India Limited currently reports 3 directors and 1 key managerial person. 10 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thasulu Mani | Cfo | 01 Apr 2017 | 9 Years 7 Months | Current |
| Lakshmana Rao Also directs: Spartek Zhonghe Sports LLP, Apvresources Private Limited, Actshield Meditech Private Limited and 1 more | Additional Director | 05 Apr 2023 | 3 Years 7 Months | Current |
| Ramasami Ananthakrishnan | Additional Director | 05 Apr 2023 | 3 Years 7 Months | Current |
| Raviteja Anne Also directs: Neycer India Limited, Unifort Ceramics Private Limited | Additional Director | 29 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Spartek Ceramics India Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Padmini Marble Private Limited | ₹21.26 Cr (FY 2025) | 1.0% | Chittorgarh, Rajasthan, India | |||
| Khurja Ceramic Private Limited | ₹21.15 Cr (FY 2024) | 47.0% | Delhi, India | |||
| Spartek Ceramics India Limitedthis company | ₹21.14 Cr (FY 2023) | ₹1.15 Cr | 5.5% | 21.0% | 25 | Tirupati, Andhra Pradesh, India |
| United Granites Private Limited | ₹20.59 Cr (FY 2024) | -11.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Spartek Ceramics India Limited, buy the company report.
Auditor
Spartek Ceramics India Limited is audited by SURI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURI & CO | FY 2023 | 004283S |
Shareholding
The shareholding of Spartek Ceramics 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 Spartek Ceramics India Limited, buy the company report.
Charges & borrowings
Open charges
₹52.07 Cr
Satisfied charges
₹159.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101035088 | Others | ₹3 Cr | Open | |
| 21 Mar 2024 | 100929436 | Hdfc Bank Limited | ₹18.71 Lakh | Open | |
| 24 May 2023 | 100744557 | Hdfc Bank Limited | ₹35.18 Lakh | Open | |
| 09 Jan 2021 | 100424008 | Others | ₹6 Cr | Open | |
| 14 Dec 1998 | 90124052 | Icici Ltd. | ₹5 Cr | Open |
To see the full charge records of Spartek Ceramics India Limited, buy the company report.
Total charge records: 46 View all charges
Legal cases
Spartek Ceramics India Limited has 81 court cases on record: 59 filed by Spartek Ceramics India, 22 filed against it. 4 cases are pending and 77 are disposed.
Total cases
81
Filed by the company
59
Filed against the company
22
Pending
4
Disposed
77
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 69 | 14 | 4 |
| District courts | 10 | 7 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Idbi Bank Ltd., and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against The Idbi Bank Ltd., and 3 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Krishna Texport Industries Ltd | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Additional Joint Deputy Assistant Commissioner of Income Tax and 4 others | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Board for Industrial and Financial Reconstruction, and 1 other | Pending |
To see the full case history of Spartek Ceramics 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spartek Ceramics India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Spartek Ceramics India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Stiles India Limited | U99999AP1985PLC005758 |
To see the full group structure of Spartek Ceramics India Limited, buy the company report.
Employees & EPFO
Spartek Ceramics India Limited has a workforce of 25 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
25
Active EPFO establishments
1
Employee growth
38.89%
GST
Spartek Ceramics India has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCS1235K2ZJ | Tamil Nadu | Active | 10 Oct 2017 |
To see the full GST registrations and return filing status of Spartek Ceramics India Limited, buy the company report.
Recent activity
Spartek Ceramics India Limited has 24 board changes on record since 2001: 14 appointments and 10 cessations. The latest: Narasimha Rao ceased to be Additional Director on 29 Apr 2023.
Charges
A charge with Others of Rs. 3.00 Cr registered on 12 Dec 2024 with Charge ID 101035088 was modified on 28 Dec 2024.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101035088 was registered on 12 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100929436 was registered on 21 Mar 2024.
AGM
Spartek Ceramics India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100744557 was registered on 24 May 2023.
Charges
A charge registered on 29 Mar 2001 via Charge ID 90124243 with Industrial Dev. Bank Of India was fully satisfied on 10 May 2023.
Charges
A charge registered on 29 Mar 2000 via Charge ID 90121426 with Indsutrial Development Bank Of India was fully satisfied on 10 May 2023.
Charges
A charge registered on 29 Mar 2000 via Charge ID 90124152 with Industrial Dev. Bank Of India was fully satisfied on 10 May 2023.
Charges
A charge registered on 10 Dec 1998 via Charge ID 90124051 with Industrial Dev. Bank Of India was fully satisfied on 10 May 2023.
Charges
A charge registered on 08 Aug 1997 via Charge ID 90123933 with Industrial Dev. Bank Of India was fully satisfied on 10 May 2023.
Charges
A charge registered on 03 Jan 1994 via Charge ID 90120663 with Indsutrial Development Bank Of India was fully satisfied on 10 May 2023.
Charges
A charge registered on 09 Jun 1987 via Charge ID 90120209 with Indsutrial Development Bank Of India was fully satisfied on 10 May 2023.
114 earlier events are in the company report.
Frequently asked questions
Spartek Ceramics India is an active public limited company based in Tirupati, Andhra Pradesh, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 09 March 1983 (43+ years old) and is registered under CIN U26914AP1983PLC003847.
Spartek Ceramics India has 4 current directors and KMP:
- Lakshmana Rao - Additional Director
- Ramasami Ananthakrishnan - Additional Director
- Raviteja Anne - Additional Director
- Thasulu Mani - Cfo
The latest financial statements of Spartek Ceramics India 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 Spartek Ceramics India is 33AADCS1235K2ZJ, registered in Tamil Nadu. 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 Spartek Ceramics India is U26914AP1983PLC003847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spartek Ceramics India has 81 court cases on record: 59 filed by the company and 22 filed against it. 4 are pending. Most are in the high courts.
Spartek Ceramics India was incorporated on 09 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Spartek Ceramics India by revenue are Padmini Marble Private Limited, Khurja Ceramic Private Limited, United Granites Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Narasimha Rao ceased to be Additional Director on 29 Apr 2023. Raghavan Suguna ceased to be Director on 29 Apr 2023. Raviteja Anne was appointed as Additional Director on 29 Apr 2023. Spartek Ceramics India has 24 board changes on record in total.
Yes, Spartek Ceramics India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0187967).
Spartek Ceramics India can be reached through the website spartek.in. Its registered office is in Tirupati, Andhra Pradesh, India.
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