Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Security Printing And Minting Corporation Of India Limited
Location
T. Score
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
People
Network
Registered Details

SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED

www.spmcil.com

Active

Updated: 23 Oct 2024

The company is a manufacture production of currency and bank notes, security paper, non-judicial stamp papers, postal stamps & stationar

Security Printing And Minting Corporation Of India Limited, is an unlisted public company incorporated on 13 January, 2006. It is classified as a Government of India company and is located in New Delhi, Delhi. It's authorized share capital is INR 2,500.00 cr and the total paid-up capital is INR 987.50 cr.

Industry

Manufacturing (Paper & Paper Products; Publishing, printing and reproduction of recorded media)

Products

Bullion, Ink, Security Paper, Coins, Security Products, Medallion, Currency, W&M

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

-2.81%

₹ 5,078.9

EBITDA

-28.07%

₹ 1,187.5

Net Profit

-48.8%

₹ 911.0

Networth

7.81%

₹ 7,282.2

Borrowings

₹ -

Assets

2.01%

₹ 9,636.9

Gross Margin

-6.43

67.9 %

Operating Margin

-8.38

25.2 %

Net Profit Margin

-16.11

17.9 %

Return on Equity

-13.83

12.5 %

ROCE

-6.07

12.8 %

Debt to Equity

0.0

Sales

Mar 2024

Net worth

Mar 2024

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

View subscriptions and buy credits

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
- Litigation and more
Due diligence report

₹ 2999
- Everything in financial report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

Locations

India (11)

State	Type	Address

Locations on Map

Tofler Score

Very Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

PAYABLES DETERIORATING

Low Risk

HIGH INVENTORY
ROCE DETERIORATING

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	4,966.1	4,712.6	4,086.6	4,918.2	4,714.8
Operating profit	980.3	825.2	850.2	1,650.8	1,187.5
Net profit	527.6	423.8	689.2	1,779.3	911.0
Gross margin	61.2	52.4	68.0	74.3	67.9
Operating margin	19.7	17.5	20.8	33.6	25.2
Net margin	10.2	8.7	16.1	34.0	17.9
Networth	4,309.6	4,808.2	5,192.4	6,754.3	7,282.2
Borrowings	-	-	-	-	-
Assets	8,088.7	7,828.2	8,443.8	9,446.6	9,636.9
Debt to equity	0.0	0.0	0.0	0.0	0.0
Current ratio	2.8	3.3	2.2	9.6	8.3
ROE	12.2	8.8	13.3	26.3	12.5
Days payable	81.0	32.0	29.0	25.0	36.0
WC days	262.0	267.0	171.0	451.0	460.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	987.5	987.5	987.5	987.5	987.5
Reserves	3,322.1	3,820.7	4,204.9	5,766.8	6,294.7
Borrowings +	-	-	-	-	-
Long term borrowings	-	-	-	-	-
Short term borrowings	-	-	-	-	-
Trade payables +	427.0	196.5	103.5	85.8	150.5
Days payable	81.0	32.0	29.0	25.0	36.0
Other liabilities +	3,779.1	3,020.0	3,251.4	2,692.2	2,354.8
Other non-current liabilities	1,797.0	1,509.6	1,702.3	1,983.4	1,546.1
Other current liabilities	1,555.1	1,313.9	1,445.6	623.0	658.1
Total liabilities	8,088.7	7,828.2	8,443.8	9,446.6	9,636.9
Fixed Assets +	1,359.9	1,781.8	1,821.5	1,822.5	2,036.8
Tangible assets	1,282.3	1,359.2	1,761.3	1,766.1	1,811.8
CWIP	76.1	421.3	58.2	54.6	222.5
Intangible assets	1.5	1.4	2.0	1.8	2.5
LT loans and advances	6.1	2.3	0.9	0.7	0.5
Other non-current assets	1,176.2	1,090.1	3,153.9	836.8	846.4
Current assets +	5,546.6	4,954.0	3,467.6	6,786.6	6,753.2
Inventories	1,962.0	1,539.6	1,505.6	1,345.6	1,460.8
Trade receivables	1,333.4	1,074.5	1,127.3	1,016.2	1,018.7
Cash and cash equivalents	2,037.6	2,180.3	70.2	101.0	868.7
ST loans and advances	1.9	1.1	1.0	1.1	0.6
Other current assets	211.7	158.5	763.4	4,322.7	3,404.4
Total assets	8,088.7	7,828.2	8,443.8	9,446.6	9,636.9

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	12.21	12.61	11.69	10.45	10.25
Reserves	41.07	48.81	49.8	61.05	65.32
Borrowings +	0.0	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	5.28	2.51	1.23	0.91	1.56
Other liabilities +	46.72	38.58	38.51	28.5	24.43
Other non-current liabilities	22.22	19.28	20.16	21.0	16.04
Other current liabilities	19.23	16.78	17.12	6.6	6.83
Total liabilities
Fixed Assets +	16.81	22.76	21.57	19.29	21.14
Tangible assets	15.85	17.36	20.86	18.7	18.8
CWIP	0.94	5.38	0.69	0.58	2.31
Intangible assets	0.02	0.02	0.02	0.02	0.03
LT loans and advances	0.08	0.03	0.01	0.01	0.01
Other non-current assets	14.54	13.93	37.35	8.86	8.78
Current assets +	68.57	63.28	41.07	71.84	70.08
Inventories	24.26	19.67	17.83	14.24	15.16
Trade receivables	16.49	13.73	13.35	10.76	10.57
Cash and cash equivalents	25.19	27.85	0.83	1.07	9.01
ST loans and advances	0.02	0.01	0.01	0.01	0.01
Other current assets	2.62	2.02	9.04	45.76	35.33
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	987.5	987.5	987.5	987.5	987.5
Reserves	3,769.9	4,396.2	4,862.2	6,401.6	6,990.7
Borrowings +	-	-	-	-	-
Long term borrowings	-	-	-	-	-
Short term borrowings	-	-	-	-	-
Trade payables +	268.5	196.5	103.5	85.8	142.5
Days payable	51.0	32.0	29.0	25.0	34.0
Other liabilities +	3,779.1	3,020.0	3,251.4	2,692.2	2,354.8
Other non-current liabilities	1,955.6	1,509.6	1,702.3	1,983.4	1,554.1
Other current liabilities	1,555.1	1,313.9	1,445.6	623.0	658.1
Total liabilities	8,536.5	8,403.7	9,101.1	10,081.4	10,332.9
Fixed Assets +	1,359.9	1,781.8	1,799.4	1,822.5	2,036.8
Tangible assets	1,282.3	1,359.2	1,739.2	1,766.1	1,811.8
CWIP	76.1	421.3	58.2	54.6	222.5
Intangible assets	1.5	1.4	2.0	1.8	2.5
LT loans and advances	6.1	2.3	0.9	0.7	0.5
Other non-current assets	1,623.9	1,665.7	3,833.3	1,471.6	1,542.4
Current assets +	5,546.6	4,954.0	3,467.6	6,786.6	6,753.2
Inventories	1,962.0	1,539.6	1,505.6	1,345.6	1,460.8
Trade receivables	1,333.4	1,074.5	1,127.3	1,016.2	1,018.7
Cash and cash equivalents	2,037.6	2,180.3	70.2	101.0	868.7
ST loans and advances	1.9	1.1	1.0	1.1	0.6
Other current assets	211.7	158.5	763.4	4,322.7	3,404.4
Total assets	8,536.5	8,403.7	9,101.1	10,081.4	10,332.9

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	11.57	11.75	10.85	9.8	9.56
Reserves	44.16	52.31	53.42	63.5	67.65
Borrowings +	0.0	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	3.15	2.34	1.14	0.85	1.38
Other liabilities +	44.27	35.94	35.73	26.71	22.79
Other non-current liabilities	22.91	17.96	18.7	19.67	15.04
Other current liabilities	18.22	15.63	15.88	6.18	6.37
Total liabilities
Fixed Assets +	15.93	21.2	19.77	18.08	19.71
Tangible assets	15.02	16.17	19.11	17.52	17.53
CWIP	0.89	5.01	0.64	0.54	2.15
Intangible assets	0.02	0.02	0.02	0.02	0.02
LT loans and advances	0.07	0.03	0.01	0.01	0.01
Other non-current assets	19.02	19.82	42.12	14.6	14.93
Current assets +	64.98	58.95	38.1	67.32	65.36
Inventories	22.98	18.32	16.54	13.35	14.14
Trade receivables	15.62	12.79	12.39	10.08	9.86
Cash and cash equivalents	23.87	25.94	0.77	1.0	8.41
ST loans and advances	0.02	0.01	0.01	0.01	0.01
Other current assets	2.48	1.89	8.39	42.88	32.95
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	4,966.1	4,712.6	4,086.6	4,918.2	4,714.8
Sales growth %	-13.05	-5.1	-13.28	20.35	-4.14
Expenses +	4,149.6	4,094.0	3,388.0	3,430.3	3,695.0
Cost of goods	1,926.7	2,245.6	1,309.6	1,261.4	1,512.7
Employee cost	1,285.5	980.0	1,072.7	1,063.0	1,176.2
Other costs	773.6	661.7	854.1	943.0	838.3
Operating profit +	980.3	825.2	850.2	1,650.8	1,187.5
Operating margin %	19.7	17.5	20.8	33.6	25.2
Other income	210.3	171.2	181.5	307.7	364.1
Interest	31.0	69.3	2.3	2.0	1.4
Depreciation	132.8	137.4	149.3	160.9	166.3
Exceptional items	-	-	-	545.6	-
Profit before tax	1,026.8	789.7	880.1	2,341.2	1,383.8
Tax	499.2	365.9	190.9	562.0	472.8
Profit - disc. ops	-	-	-	-	-
Net profit	527.6	423.8	689.2	1,779.3	911.0
Net margin %	10.2	8.7	16.1	34.0	17.9

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	95.94	96.49	95.75	94.11	92.83
Expenses +	80.16	83.83	79.38	65.64	72.75
Cost of goods	37.22	45.98	30.68	24.14	29.78
Employee cost	24.83	20.07	25.13	20.34	23.16
Other costs	14.94	13.55	20.01	18.04	16.51
Operating profit	18.94	16.9	19.92	31.59	23.38
Other income	4.06	3.51	4.25	5.89	7.17
Interest	0.6	1.42	0.05	0.04	0.03
Depreciation	2.57	2.81	3.5	3.08	3.27
Exceptional items	0.0	0.0	0.0	10.44	0.0
Profit before tax	19.84	16.17	20.62	44.8	27.25
Tax	9.64	7.49	4.47	10.75	9.31
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	10.19	8.68	16.15	34.05	17.94

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	4,966.1	4,712.6	4,086.6	4,918.2	4,714.8
Sales growth %	-13.05	-5.1	-13.28	20.35	-4.14
Expenses +	4,149.6	4,094.0	3,388.0	3,430.3	3,695.0
Cost of goods	1,926.7	2,245.6	1,309.6	1,261.4	1,512.7
Employee cost	1,285.5	980.0	1,072.7	1,063.0	1,176.2
Other costs	773.6	661.7	854.1	943.0	838.3
Operating profit +	980.3	825.2	850.2	1,650.8	1,187.5
Operating margin %	19.7	17.5	20.8	33.6	25.2
Other income	210.3	171.2	181.5	258.6	312.3
Interest	31.0	69.3	2.3	2.0	1.4
Depreciation	132.8	137.4	149.3	160.9	166.3
Exceptional items	-	-	-	545.6	-
Profit before tax	1,026.8	789.7	880.1	2,292.1	1,332.0
Tax	499.2	365.9	190.9	562.0	472.8
Profit - disc. ops	-	-	-	-	-
Net profit	658.2	551.6	770.9	1,842.4	972.7
Net margin %	12.7	11.3	18.1	35.6	19.4

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	95.94	96.49	95.75	95.0	93.79
Expenses +	80.16	83.83	79.38	66.26	73.5
Cost of goods	37.22	45.98	30.68	24.37	30.09
Employee cost	24.83	20.07	25.13	20.53	23.4
Other costs	14.94	13.55	20.01	18.22	16.68
Operating profit	18.94	16.9	19.92	31.89	23.62
Other income	4.06	3.51	4.25	5.0	6.21
Interest	0.6	1.42	0.05	0.04	0.03
Depreciation	2.57	2.81	3.5	3.11	3.31
Exceptional items	0.0	0.0	0.0	10.54	0.0
Profit before tax	19.84	16.17	20.62	44.28	26.5
Tax	9.64	7.49	4.47	10.86	9.41
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	12.71	11.29	18.06	35.59	19.35

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.0	0.0	0.0
Net Debt/Equity	0.0	0.0	0.0	0.0	0.0
Total Debt/Assets	0.0	0.0	0.0	0.0	0.0
Total Assets/Equity	1.9	1.6	1.6	1.4	1.3
Liquidity +
Current Ratio	2.8	3.3	2.2	9.6	8.3
Quick Ratio	1.8	2.3	1.3	7.7	6.5
Interest Coverage	31.6	11.9	374.6	807.6	831.9
Performance
Gross Margin	61.2	52.4	68.0	74.3	67.9
Operating Margin	19.7	17.5	20.8	33.6	25.2
Net Margin	10.2	8.7	16.1	34.0	17.9
Return +
Return on Equity	12.2	8.8	13.3	26.3	12.5
Pre-tax ROCE	17.2	13.2	18.7	18.9	12.8
Return on Assets	6.5	5.4	8.2	18.8	9.4
Pre-tax ROIC	19.7	14.3	13.5	22.1	14.0
Efficiency +
Days Payable	81.0	32.0	29.0	25.0	36.0
Days Inventory	372.0	250.0	420.0	389.0	352.0
Days Receivable	98.0	83.0	101.0	75.0	79.0
Fixed Asset Turnover	3.6	2.6	2.2	2.7	2.3
Total Asset Turnover	0.6	0.6	0.5	0.5	0.5
Working Capital
Cash Conversion Cycle	389.0	301.0	492.0	439.0	395.0
Working Capital Days	262.0	267.0	171.0	451.0	460.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.0	0.0	0.0
Net Debt/Equity	0.0	0.0	0.0	0.0	0.0
Total Debt/Assets	0.0	0.0	0.0	0.0	0.0
Total Assets/Equity	1.8	1.6	1.6	1.4	1.3
Liquidity +
Current Ratio	3.0	3.3	2.2	9.6	8.4
Quick Ratio	2.0	2.3	1.3	7.7	6.6
Interest Coverage	31.6	11.9	374.6	807.6	831.9
Performance
Gross Margin	61.2	52.4	68.0	74.3	67.9
Operating Margin	19.7	17.5	20.8	33.6	25.2
Net Margin	12.7	11.3	18.1	35.6	19.4
Return +
Return on Equity	13.8	10.2	13.2	24.9	12.2
Pre-tax ROCE	16.7	13.2	18.9	18.9	12.8
Return on Assets	7.7	6.6	8.5	18.3	9.4
Pre-tax ROIC	17.8	12.8	12.0	20.2	12.8
Efficiency +
Days Payable	51.0	32.0	29.0	25.0	34.0
Days Inventory	372.0	250.0	420.0	389.0	352.0
Days Receivable	98.0	83.0	101.0	75.0	79.0
Fixed Asset Turnover	3.6	2.6	2.3	2.7	2.3
Total Asset Turnover	0.6	0.6	0.5	0.5	0.5
Working Capital
Cash Conversion Cycle	419.0	301.0	492.0	439.0	397.0
Working Capital Days	274.0	267.0	171.0	451.0	461.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation	Name	DIN/PAN	Tenure
Director	Ram Kumar Chilukuri	00321060	3 years
Director	Vijay Ranjan Singh	06386038	2 years
Whole-time Director	Ajay Agarwal	06778079	7 years
CFO	Ajay Agarwal	<HIDDEN>	7 years
Whole-time Director	Sunil Kumar Sinha	07585095	9 years
Director	Ashish Vachhani	08189848	1 years
Nominee Director	Manoj Sahay	08711612	3 years
Director	Ajaykumar Jashvantlal Choksi	09451875	3 years
Nominee Director	Sanjeev Prakash	09528516	3 years
Director	Anil Subramaniam	10344845	2 years
Director	Sachin Kishore	10626315	1 years
Director	Srinivasa Jayadevappa Kotehal	10648337	1 years
CS	Sachin Agarwal	<HIDDEN>	16 years

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
ANEWA ENGINEERING PRIVATE LIMITED	Active	4.0 Cr	1	Telangana
BANK NOTE PAPER MILL INDIA PRIVATE LIMITED	Active	800.0 Cr	3	Karnataka
GOODS AND SERVICES TAX NETWORK	Active	10.0 Cr	1	Delhi
IDBI BANK LIMITED	Active	10,752.4 Cr	1	Maharashtra

Registered Details

CIN

U22213DL2006GOI144763

PAN

AAJCS6111J

Incorporation

2006, 19.3 years

Company Email

sachin.agarwal@spmcil.com

Paid up Capital

₹ 987.5 Cr

Authorised Capital

₹ 2,500.0 Cr

AGM

Sep 2024

Type

Public

Union Government Company

FAQ - SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED

What is the incorporation date of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED?

The incorporation date of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED is 13 January, 2006

What is the authorized share capital of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED?

The authorized share capital of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED is INR ₹ 2,500.0 Cr.

What is the paid-up capital of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED?

The paid-up capital of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED is INR ₹ 987.5 Cr.

What is the registered address of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED?

The registered address of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED is 16TH FLOORJAWAHAR VYAPAR BHAWAN JANPATH NEW DELHI Delhi - 110001

What is the CIN number of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED?

The CIN number of SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED is U22213DL2006GOI144763.

Smart Suggestions

Assam
Odisha
West Bengal
Chhattisgarh
Rajasthan
Himachal Pradesh
Uttar Pradesh
Haryana
Jammu & Kashmir
Punjab
Blog Categories
Top Blog post
Financial Resources

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Industry

Buy Report or Plans

Dashboards

Company dashboard

View subscriptions and buy credits

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Due diligence report

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

Tofler Score

Risk

About Tofler Score

Financial Highlights

Margins

Balance Sheet

Total assets

Profit & Loss

Revenue from operations

Ratios

Ratios

Charges on assets

People

Company Network