Texspin Bearings Ltd - Company overview

Texspin Bearings is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U29120GJ1995PLC028061). Business o…

1995-11-08 Ahmedabad, Gujarat Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
25.00 cr
PAID-UP CAPITAL
16.46 cr
COMPANY AGE
30 Years 7 Months
since 1995-11-08
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-29
OPEN CHARGES
12
465.28 cr
SATISFIED CHARGES
14
92.24 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2025-06-29 15:47:44

About Texspin Bearings

Texspin Bearings is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U29120GJ1995PLC028061). Business overview includes Automotive (Auto Parts & Components), incorporated on November 08, 1995 (31+ years old), headquartered in Ahmedabad, Gujarat, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹716.58 Cr with a profit of ₹57.46 Cr. It has 9 active directors. The company employs approximately 584 people. Its latest credit rating is A- by Crisil.

Auto Parts & Components
  • Location B-804, Shapath - Iv, Opp Karnavati Club, S.G.Highway, Ahmedabad, Gujarat - 380051
  • Website texspin.com
CIN / LLPINU29120GJ1995PLC028061
Company No.028061
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1995-11-08
Date of AGM2025-09-29
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
Credit RatingA- (Crisil)
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Texspin Bearings

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (9)

K
Director | Since 2021-07-07
D
Director | Since 2019-03-15
J
Company Secretary | Since 2025-08-25
R
Director | Since 2025-07-11
D
Managing Director | Since 2004-11-01
V
Whole-time director | Since 2013-04-01

Charges Overview

Others : 245.56 cr
The Hongkong And Shanghai Banking Corporation Limited : 12.00 cr
Hdfc Bank Limited : 53.60 Lakh
Open Charges: 12 Satisfied Charges: 14
Open 465.28 cr
Satisfied 92.24 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 01 Dec 2025
35.00 Lakh Open
The Hongkong And Shanghai Banking Corporation Limited
Creation Date: 25 Jul 2025
12.00 cr Open
Hdfc Bank Limited
Creation Date: 21 Jun 2025
18.60 Lakh Open

Business Activity

Activity GroupDescriptionTurnover %
Manufacturing-99.46
Trade-0.54

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Texspin Bearings
What is CIN of Texspin Bearings?
The Corporate Identification Number (CIN) for Texspin Bearings is U29120GJ1995PLC028061. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 028061 as per MCA.
When was Texspin Bearings incorporated?
Texspin Bearings was incorporated 30 years 7 months ago on 08 Nov 1995.
What is paid-up capital and authorised share capital of Texspin Bearings?
The paid-up capital of Texspin Bearings is ₹ 164,575,840.00 and authorised share capital is ₹ 250,000,000.00.
Who are the current board members and directors of Texspin Bearings?
Currently 9 directors are associated with Texspin Bearings: Karishma Aditya Patel, Divya Nihar Patel, Jigar Harshadkumar Shah, Rajan Wadhera, Dipen Makwana Bhupendra, Vishal Bhupendra Makwana, Bhupendra Chunilal Makwana, Vishal Zinabhai Patel, Pranav Kiritbhai Raval.
  • Karishma Aditya Patel
  • Divya Nihar Patel
  • Jigar Harshadkumar Shah
  • Rajan Wadhera
  • Dipen Makwana Bhupendra
  • Vishal Bhupendra Makwana
  • Bhupendra Chunilal Makwana
  • Vishal Zinabhai Patel
  • Pranav Kiritbhai Raval
What is the registered address of Texspin Bearings?
As per Ministry of Corporate Affairs (MCA), the registered address of Texspin Bearings is B-804, Shapath - Iv, Opp Karnavati Club, S.G.Highway, Ahmedabad, Gujarat, 380051, India.
What is the official website of Texspin Bearings?
The official website of Texspin Bearings is https://texspin.com.
What is the ROC code of Texspin Bearings?
Texspin Bearings ROC code is Roc Ahmedabad.
What is the company classification of Texspin Bearings?
Texspin Bearings is classified as Public Limited Indian Non-Government Company.
Texspin Bearings - is it listed or unlisted?
Texspin Bearings is a Unlisted company.
Does Texspin Bearings have subsidiaries?
Texspin Bearings has 1 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Texspin Bearings?
Texspin Bearings is currently Active and registered in Ahmedabad, Gujarat, India.
What industry or business activity is Texspin Bearings associated with?
Texspin Bearings lists activity aligned with: Automotive - Auto Parts & Components - Manufacturing. See the Overview and Competition sections for fuller industry context.
How many employees does Texspin Bearings have?
Available records indicate roughly 584 employees for Texspin Bearings. Confirm against filings and EPFO-related signals on the profile where shown.
Does Texspin Bearings have GST registrations on file?
Texspin Bearings shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Texspin Bearings?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Texspin Bearings.
How do I contact Texspin Bearings?
Use the official website at https://texspin.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Texspin Bearings?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Texspin Bearings?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Texspin Bearings (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 273.16 Cr. Verify figures on the Financial tab and supporting filings.