Ultramet Technologies Limited
About Ultramet Technologies Limited
Data last updated:
Ultramet Technologies Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 07 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24117MH2007PLC168423. Its GSTIN is 27AAACU9037C1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Savita Rajesh Nasikkar and Mansi Mangesh Nasikkar.
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 9 Ruturaj Prakash Nagar Shikhare Wadi Nashik Road, Maharashtra, India – 422101.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.89 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.61 Lakh (net margin -9.6%) and EBITDA of -₹1.58 Lakh (EBITDA margin -9.3%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address9 Ruturaj Prakash Nagar Shikhare Wadi Nashik Road, Maharashtra, India – 422101
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Ultramet Technologies Limited
The main business activity of Ultramet Technologies is manufacturing. In detail, this covers manufacture of basic metals.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals | 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 Ultramet Technologies Limited FY 2025 filings available
Ultramet Technologies Limited reported revenue of ₹16.89 Lakh (up 81919% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ultramet Technologies Limited
Revenue has declined at a compounded annual rate (CAGR) of 46% over three years. EBITDA rose 44% 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 Ultramet Technologies Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.61 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 Ultramet Technologies Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.6% | •••• | •••• | •••• | •••• |
| 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 Ultramet 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.
Peer Comparison of Ultramet Technologies Limited
Ultramet Technologies Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment 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 |
|---|---|---|---|---|---|---|
| Venwind Refex Power Limited | ₹17.22 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Synergy Power Controls Private Limited | ₹17.16 Lakh (FY 2023) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Aprotech Industries Private Limited | ₹17.14 Lakh (FY 2017) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Tag Renewable Private Limited | ₹16.96 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Ahmedabad, Gujarat, India |
| Sanghvi Conductors Private Limited | ₹16.89 Lakh (FY 2022) | •••• | •••• | 42.0% | •••• | Ahmedabad, Gujarat, India |
| Ultramet Technologies Limited this company | ₹16.89 Lakh (FY 2024) | •••• | •••• | 81919.0% | •••• | Nashik, Maharashtra, India |
| Vimac Electro Controls Private Limited | ₹16.86 Lakh (FY 2024) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| White Heat Technologies Private Limited | ₹16.84 Lakh (FY 2020) | •••• | •••• | -90.0% | •••• | Rewari, Haryana, India |
| Vignarajhh Wires Private Limited | ₹16.81 Lakh (FY 2024) | •••• | •••• | -80.0% | •••• | Hyderabad, Telangana, India |
| Jabind Manufacturing India Private Limited | ₹16.72 Lakh (FY 2024) | •••• | •••• | 961.0% | •••• | Chennai, Tamil Nadu, India |
| Ofca Power Technology Private Limited | ₹16.72 Lakh (FY 2024) | •••• | •••• | 3137.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Ultramet Technologies by revenue in the Power industry (Power Equipment 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 Ultramet Technologies Limited
Ultramet Technologies Limited is audited by PRAKASH G. PATHAK & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAKASH G. PATHAK & 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.
Board of Directors of Ultramet Technologies Limited
Ultramet Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savita Rajesh Nasikkar | Director | 13 Jun 2019 | 7 Years 3 Months | Current |
| Mansi Mangesh Nasikkar | Director | 04 Aug 2021 | 5 Years 2 Months | Current |
| Sachin Prabhakar Sonar | Director | 04 Aug 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Ultramet Technologies 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 Ultramet Technologies Limited
Ultramet Technologies Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ultramet Technologies Limited
Employment history and EPFO contributions of people linked to Ultramet Technologies.
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 Ultramet Technologies Limited
Ultramet Technologies Limited has 13 board changes on record since 2007: 8 appointments and 5 cessations. The latest: Madhura Rajesh Nasikkar ceased to be Director on 04 Aug 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ultramet Technologies 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 Ultramet Technologies 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 Ultramet Technologies 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 Ultramet Technologies Limited
Ultramet Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU9037C1ZF | Maharashtra | Active | 14 Oct 2019 |
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 Ultramet Technologies 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 Ultramet Technologies Limited
Ultramet Technologies is an active public limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 07 March 2007 (19+ years old) and is registered under CIN U24117MH2007PLC168423.
Ultramet Technologies reported revenue of ₹16.89 Lakh for FY 2024 (up 81919% YoY).
Ultramet Technologies has 3 current directors:
- Savita Rajesh Nasikkar - Director
- Mansi Mangesh Nasikkar - Director
- Sachin Prabhakar Sonar - Director
Ultramet Technologies reported a net loss of ₹1.61 Lakh (net margin -9.6%) and EBITDA of -₹1.58 Lakh (EBITDA margin -9.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ultramet Technologies is -46% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ultramet Technologies is 27AAACU9037C1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ultramet Technologies is U24117MH2007PLC168423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultramet Technologies was incorporated on 07 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ultramet Technologies by revenue are Venwind Refex Power Limited, Synergy Power Controls Private Limited, Aprotech Industries Private Limited, Tag Renewable Private Limited, Sanghvi Conductors Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Madhura Rajesh Nasikkar ceased to be Director on 04 Aug 2021. Mansi Mangesh Nasikkar was appointed as Director on 04 Aug 2021. Rucha Mangesh Nasikkar ceased to be Director on 04 Aug 2021. Ultramet Technologies has 13 board changes on record in total.
The registered office of Ultramet Technologies is at 9 Ruturaj Prakash Nagar Shikhare Wadi Nashik Road, Maharashtra, India – 422101.