Netcool and Referigeration India Private Limited

Netcool and Referigeration India Private Limited - musical instruments in Jalgaon, Maharashtra, India. FY 2026 financials & compliance.
CIN U29190MH2003PTC142188 Incorporated 12 September 2003 ROC Mumbai HQ Jalgaon, Maharashtra, India
Active Private Limited Company musical instruments
Revenue · FY 2025
₹83.53 Lakh
▲ 47% YoY
Net profit · FY 2025
₹27.28 Lakh
Net margin 32.7%
EBITDA · FY 2025
₹41.99 Lakh
EBITDA margin 50.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹22.79 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Netcool and Referigeration India Private Limited

Data last updated:

Netcool and Referigeration India Private Limited is a private limited company based in Jalgaon, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 12 September 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29190MH2003PTC142188.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.79 Lakh. It is led by directors Manish Padmakar Sulakshane and Manoj Dadheech.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at J 114M I Dc Area, Jalgaon, Maharashtra, India – 425003.

As per the financials filed for FY 2025, the company reported a revenue of ₹83.53 Lakh, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹27.28 Lakh (net margin 32.7%) and EBITDA of ₹41.99 Lakh (EBITDA margin 50.3%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 24% over five years.

Its group structure includes 1 subsidiary.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29190MH2003PTC142188
Registration Number 142188
Incorporation Date 12 September 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Netcool and Referigeration India Private Limited's registered office is in Jalgaon, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    J 114M I Dc Area, Jalgaon, Maharashtra, India – 425003
  • Industry
    Musical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery

To see the full contact details of Netcool and Referigeration India Private Limited, buy the company report.

Comprehensive company report
Netcool and Referigeration India Private 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 Netcool and Referigeration India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Netcool and Referigeration India Private Limited, buy the company report.

Financials of Netcool and Referigeration India Private Limited

FY 2025 filings available

Netcool and Referigeration India Private Limited reported revenue of ₹83.53 Lakh (up 47% YoY) for FY 2025.

Revenue · FY 2025
₹83.53 Lakh ▲ 47%
Net profit · FY 2025
₹27.28 Lakh margin 32.7%
EBITDA · FY 2025
₹41.99 Lakh margin 50.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 50%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 137%
3 years · compounded
▲ 63%
5 years · compounded
▲ 22%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 47% growth in the latest year. EBITDA rose 137% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹41.99 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹27.28 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin50.3%
Net Profit Margin32.7%
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 Netcool and Referigeration India Private Limited, buy the company report.

Board of directors of Netcool and Referigeration India Private Limited

Netcool and Referigeration India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Peer comparison

Netcool and Referigeration India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
2Piai Tech Private Limited₹83.7 Lakh (FY 2025)6.0%Patna, Bihar, India
Sulovi Retail India Private Limited₹83.68 Lakh (FY 2024)45.0%New Delhi, Delhi, India
Sine Global Link Private Limited₹83.67 Lakh (FY 2024)-33.0%Bhiwandi, Maharashtra, India
Bachelorsmart Private Limited₹83.6 Lakh (FY 2025)25.0%Indirapuram, Uttar Pradesh, India
Leipzig Lifecare Private Limited₹83.59 Lakh (FY 2024)125.0%Nagaon, Assam, India
Netcool and Referigeration India Private Limitedthis company₹83.53 Lakh (FY 2025)₹27.28 Lakh32.7%47.0%Jalgaon, Maharashtra, India
Uma Exim Private Limited₹83.5 Lakh (FY 2025)-42.0%Patiala, Punjab, India
Healthfitz Energy Product Private Limited₹83.46 Lakh (FY 2025)22.0%Howrah, West Bengal, India
Innovas Solutions India Private Limited₹83.42 Lakh (FY 2024)693.0%Odisha, India
Satvik Impex Private Limited₹83.32 Lakh (FY 2025)-26.0%Delhi, India
Kad Systems Pvt Ltd₹83.29 Lakh (FY 2024)-23.0%New Delhi, Delhi, India

To see the full peer comparison of Netcool and Referigeration India Private Limited, buy the company report.

Auditor

Netcool and Referigeration India Private Limited is audited by J B AGARWAL & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
J B AGARWAL & COFY 201710069W

Shareholding

The shareholding of Netcool and Referigeration India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Netcool and Referigeration India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Netcool and Referigeration India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Netcool and Referigeration India has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Searle Star Coolers India Pvt LtdU29191MH2004PTC149058

To see the full group structure of Netcool and Referigeration India Private Limited, buy the company report.

GST

No GST registration is on our record for Netcool and Referigeration India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Netcool and Referigeration India Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Manoj Dadheech was appointed as Director on 31 Aug 2025.

AGM
Netcool And Referigeration India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Manoj Dadheech was appointed as Director.
Filing
Netcool And Referigeration India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Manish Padmakar Sulakshane was appointed as Director.
Ceased
Shivshankar Surajmal Sharma ceased to be Director.
Appointed
Shushil Kumar Asopa was appointed as Director.
Appointed
Sunita Sushilkumar Asopa was appointed as Director.
Incorporation
12 Sep 2003
Netcool And Referigeration India Private Limited was registered on 12 Sep 2003 with Roc Mumbai Ii & aged 23 years 2 months as per MCA records.

Frequently asked questions

Netcool and Referigeration India is an active private limited company based in Jalgaon, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 12 September 2003 (23+ years old) and is registered under CIN U29190MH2003PTC142188.

Netcool and Referigeration India has 2 current directors:

The latest financial statements of Netcool and Referigeration India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Netcool and Referigeration India is U29190MH2003PTC142188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Netcool and Referigeration India was incorporated on 12 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Netcool and Referigeration India by revenue are 2Piai Tech Private Limited, Sulovi Retail India Private Limited, Sine Global Link Private Limited, Bachelorsmart Private Limited, Leipzig Lifecare Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).

Manoj Dadheech was appointed as Director on 31 Aug 2025. Manish Padmakar Sulakshane was appointed as Director on 01 Mar 2015. Shivshankar Surajmal Sharma ceased to be Director on 24 Dec 2009. Netcool and Referigeration India has 5 board changes on record in total.

The registered office of Netcool and Referigeration India is at J 114M I Dc Area, Jalgaon, Maharashtra, India – 425003.

Netcool and Referigeration India operates in the musical instruments industry, in the sports goods segment.

The compliance status of Netcool and Referigeration India is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.

Netcool and Referigeration India has 1 subsidiary company including Searle Star Coolers India Pvt Ltd.