About Indian Finishing Technologies Private Limited
Data last updated:
Indian Finishing Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC072909. Its GSTIN is 29AADCI4372B1ZQ (Karnataka).
The company has an authorised share capital of ₹1.4 Lakh and a paid-up capital of ₹1.4 Lakh. It is led by directors Ramesh Neelam (Managing Director) and Karthic Muniswamy (Whole-Time Director).
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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.87 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net loss of ₹1.49 Lakh (net margin -0.5%) and EBITDA of ₹45,477 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianfinishingtech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.45/125 1st Floor Hanumathnagar Srigandha Kaval Magadi Main Road Sunka, Dakatte, Bangalore, Karnataka, India – 560091
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
Business Activity of Indian Finishing Technologies Private Limited
The main business activity of Indian Finishing Technologies is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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.
Financials of Indian Finishing Technologies Private Limited FY 2023 filings available
Indian Finishing Technologies Private Limited reported revenue of ₹2.87 Cr (up 64% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Indian Finishing Technologies Private Limited
Revenue rose 64% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 101% 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 Indian Finishing Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹45,477 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.49 Lakh | •••• | •••• | •••• | •••• |
| 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 of Indian Finishing Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Indian Finishing Technologies 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.
Board of Directors of Indian Finishing Technologies Private Limited
Indian Finishing Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Neelam | Managing Director | 07 Jan 2014 | 12 Years 9 Months | Current |
| Karthic Muniswamy Also directs: Digital Grid Systems LLP | Whole-Time Director | 07 Jan 2014 | 12 Years 9 Months | Current |
Peer Comparison of Indian Finishing Technologies Private Limited
Indian Finishing Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Delta Storage Systems Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Landsky Automation and Process Solutions Private Limited | ₹2.88 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Secunderabad, Telangana, India |
| Criamos Engineering Private Limited | ₹2.88 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Palakkad, Kerala, India |
| Beema Infratech Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Chennai, Tamil Nadu, India |
| Faciti Analytics Private Limited | ₹2.88 Cr (FY 2023) | •••• | •••• | 57.0% | •••• | Bengaluru, Karnataka, India |
| Indian Finishing Technologies Private Limited this company | ₹2.87 Cr (FY 2023) | •••• | •••• | 64.0% | •••• | Bangalore, Karnataka, India |
| PR Equipments & Services Private Limited | ₹2.87 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Noida, Uttar Pradesh, India |
| Xtreme Engineering Equipment Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Pune, Maharashtra, India |
| Automation Manifold Services Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Nagpur, Maharashtra, India |
| Porima Technology Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| DSP Precision Products Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Indian Finishing Technologies by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indian Finishing Technologies Private Limited
Indian Finishing Technologies Private Limited is audited by MAMILLAPALLI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAMILLAPALLI & ASSOCIATES | 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.
Ownership and Shareholding of Indian Finishing Technologies Private Limited
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.
Charges & Borrowings of Indian Finishing Technologies Private Limited
Indian Finishing Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Indian Finishing Technologies Private Limited
Indian Finishing Technologies Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed against the company by Rajdhani Crafts Industries Pvt.L TD | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by KHS Engineering Technologies | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by KHS Engineering Technologies | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Indian Finishing Technologies Private Limited
Indian Finishing Technologies Private Limited has a workforce of 15 employees as of Apr 07, 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.
Recent Activity on Indian Finishing Technologies Private Limited
Indian Finishing Technologies Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Anand Raghavendrarao Diwanji ceased to be Director on 29 Jul 2022.
Credit Ratings, Litigation & Regulatory Alerts for Indian Finishing Technologies Private Limited
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 Indian Finishing Technologies Private Limited
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 Indian Finishing Technologies Private Limited
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.
GST Compliance of Indian Finishing Technologies Private Limited
Indian Finishing Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI4372B1ZQ | Karnataka | 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.
MCA Filings & Documents of Indian Finishing Technologies Private Limited
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.
Frequently Asked Questions about Indian Finishing Technologies Private Limited
Indian Finishing Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 January 2014 (12+ years old) and is registered under CIN U74900KA2014PTC072909.
Indian Finishing Technologies reported revenue of ₹2.87 Cr for FY 2023 (up 64% YoY).
Indian Finishing Technologies has 2 current directors:
- Ramesh Neelam - Managing Director
- Karthic Muniswamy - Whole-Time Director
Indian Finishing Technologies reported a net loss of ₹1.49 Lakh (net margin -0.5%) and EBITDA of ₹45,477 (EBITDA margin 0.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indian Finishing Technologies is 8% over three years and -3% over five years. In the latest year (FY 2023) revenue rose 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indian Finishing Technologies is 29AADCI4372B1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Indian Finishing Technologies is U74900KA2014PTC072909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Finishing Technologies has 3 court cases on record: 3 filed against it. 1 is pending.
Indian Finishing Technologies was incorporated on 07 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Indian Finishing Technologies by revenue are Delta Storage Systems Private Limited, Landsky Automation and Process Solutions Private Limited, Criamos Engineering Private Limited, Beema Infratech Private Limited, Faciti Analytics Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Anand Raghavendrarao Diwanji ceased to be Director on 29 Jul 2022. Karthic Muniswamy ceased to be Director on 29 Jul 2022. Ramesh Neelam ceased to be Director on 29 Jul 2022. Indian Finishing Technologies has 6 board changes on record in total.