Spinglow Textiles Limited - Due diligence report

A 360° intelligence report on Spinglow Textiles Limited: trust score, financial health, credit view, compliance, directors, growth and distr…

2010-04-12 Gunutr, Andhra Pradesh Active Unlisted Active Non-Compliant
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ST Spinglow Textiles Limited
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Spinglow Textiles Limited — 360° Intelligence Report

Generated from MCA filings & public records
60/100
Trust Score
Moderate

Spinglow Textiles Limited is assessed as Moderate with a Trust Score of 60/100. Spinglow Textiles Limited is an active public limited indian non-government company incorporated in 2010, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.

Report generated on 18 Jul 2026 from the latest processed filings. Spinglow Textiles Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
60/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
55/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 30/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 1 open (1.00 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
City Union Bank1 48.0 cr
Compliance Score: 55/100 Moderate
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2016 - filings overdue.
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
ANNE BINDU PRIYA 01234567 Director 01/04/2018 6 yrs Approved
LAVAKUMAR DASARI 01234567 Director 01/04/2018 6 yrs Approved
SATHYANANDAM GUNTAGANI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • ANNE BINDU PRIYA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2016 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 55
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 16+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Outside liabilities up 38% in a year.
Statutory filings appear overdue.
Compliance score is weak (55/100).
1 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence56/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment44/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 1.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view70/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2021
Director ceased
NARENDRA KUMAR ANNE
13 Oct 2018
Director appointed
LAVAKUMAR DASARI (Additional Director)
Director appointed
SATHYANANDAM GUNTAGANI (Additional Director)
05 Oct 2018
Director ceased
PHANI SHREE JYOTHSNA CHIGURUPATI
Director ceased
THIRUPATHAIAH CHIGURUPATI
17 Jul 2017
Director ceased
KOYYAGURA MARYGRACE
Director ceased
BURADAGUNTA ABRAHAM LINCOLN
31 Dec 2016
Director ceased
HEMASUDHA RANI ANNE
28 Sep 2016
Last AGM held
Annual general meeting
31 Mar 2016
Latest balance sheet
Filed with ROC
28 Sep 2015
Director ceased
ANNE BINDU PRIYA
08 Nov 2014
Director appointed
ANNE BINDU PRIYA (Director)
28 Feb 2014
Charge created
City Union Bank - 1.00 cr
28 Sep 2013
Director ceased
avinash thota
03 Jun 2013
Director ceased
SURAIAH MANCHIKALAPUDI
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2016 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Asian Thai Foods & Investment Private Limited U67120HR1996PTC037898 Gurgaon, Haryana, India
Megha Apparel India Private Limited U18101TZ2005PTC011754 Tirupur, Tamil Nadu, India
Surbhi Multitex-Prints Private Limited U17200DL2012PTC235052 Delhi, Delhi, India
Shree Aditya Syntex Pvt Ltd U17110MH1992PTC069114 Mumbai, Maharashtra, India
Rudrapriya Fabrics Private Limited U17120MH2013PTC243230 Navapur, Maharashtra, India
Bvm Sales Private Limited U51909HR2004PTC037030 Gurgaon, Haryana, India
Maltex Fashions Private Limited U17200KA2010PTC055015 Bengaluru, Karnataka, India
Imate Desire Foot Care Private Limited U19201TZ2014PTC020536 Coimbatore, Tamil Nadu, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Spinglow Textiles Limited before audits and certifications: compliance score 55/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Spinglow Textiles Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 30/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Spinglow Textiles Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 60/100, distress signals and MSME payment-delay disclosures - know whether Spinglow Textiles Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Spinglow Textiles Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Spinglow Textiles Limited an active company?

Spinglow Textiles Limited has MCA status “Active” with a compliance score of 55/100 (Moderate).

Is Spinglow Textiles Limited financially healthy?

Spinglow Textiles Limited has a Financial Health Score of 55/100 (Moderate) based on its filed financial statements.

Should I do business with Spinglow Textiles Limited?

Its overall Trust Score is 60/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Spinglow Textiles Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Spinglow Textiles Limited have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Spinglow Textiles Limited up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 55/100 (Moderate).

Is it risky to lend to Spinglow Textiles Limited?

Its Credit Risk Score is 30/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.