MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0008000
Veco Precision India Private Limited
Veco Precision India Private Limited - consumer goods in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹105.08 Cr
▼ 5% YoY
Net profit · FY 2025
₹7.27 Cr
Net margin 6.9%
EBITDA · FY 2025
₹21.22 Cr
EBITDA margin 20.2%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹38.39 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
72
Provident fund records
Directors on board
3
As per MCA filings
About Veco Precision India Private Limited
Data last updated:
Veco Precision India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Veco B.V.. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 28 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28999PN2020FTC190962. Its GSTIN is 27AAHCV3927D1ZA (Maharashtra).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹38.39 Cr. It is led by directors including Sandeep Bhimrao Khot (Managing Director) and Christiaan Johannes De Vree.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No B – 23 MIDC – Chakan Shinde Vasuli Khed, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.08 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹7.27 Cr (net margin 6.9%) and EBITDA of ₹21.22 Cr (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 509% over three years.
The company has about 72 employees on its provident fund (EPFO) records.
Veco Precision India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0008000).
Company details
CIN U28999PN2020FTC190962
Registration Number 190962
Incorporation Date 28 May 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Veco B.V.
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0008000
Key People
Sandeep Bhimrao Khot Managing Director Christiaan Johannes De Vree Director Erwin Johannes Jantinus Reijerink Director Recognitions & Rankings of Veco Precision India
Contact details
Veco Precision India Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No B – 23 MIDC – Chakan Shinde Vasuli Khed, Pune, Maharashtra, India – 410501
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Veco Precision India Private Limited, buy the company report.
Comprehensive company report
Veco Precision 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 Veco Precision India is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Veco Precision India Private Limited, buy the company report.
Financials of Veco Precision India Private Limited
FY 2025 filings availableVeco Precision India Private Limited reported revenue of ₹105.08 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹105.08 Cr ▼ 5%
Net profit · FY 2025
₹7.27 Cr margin 6.9%
EBITDA · FY 2025
₹21.22 Cr margin 20.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 509%
EBITDA CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 69%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 509%. EBITDA rose 46% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹21.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.27 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.2% | ||||
| Net Profit Margin | 6.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Veco Precision India Private Limited, buy the company report.
Board of directors of Veco Precision India Private Limited
Veco Precision India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Christiaan Johannes De Vree Also directs: Atul Sugar Screens Private Limited | Director | 06 Dec 2023 | 2 Years 11 Months | Current |
| Sandeep Bhimrao Khot Also directs: Atul Sugar Screens Private Limited | Managing Director | 28 May 2020 | 6 Years 5 Months | Current |
| Erwin Johannes Jantinus Reijerink Also directs: Atul Sugar Screens Private Limited | Director | 18 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Veco Precision India Private Limited is audited by Kirtane and Pandit LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirtane and Pandit LLP | FY 2023 | 105215W/W100057 |
Shareholding
The shareholding of Veco Precision India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Veco Precision India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veco Precision India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Veco Precision India Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 70 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Om Management Consultants | |||
| Secure Grid Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Veco Precision India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Veco Precision India Private Limited has a workforce of 72 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
72
Active EPFO establishments
1
Employee growth
18.03%
GST
Veco Precision India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCV3927D1ZA | Maharashtra | Active | 19 Aug 2020 |
To see the full GST registrations and return filing status of Veco Precision India Private Limited, buy the company report.
Recent activity
Veco Precision India Private Limited has 11 board changes on record since 2020: 5 appointments and 6 cessations. The latest: Erwin Johannes Jantinus Reijerink ceased to be Additional Director on 24 Sep 2025.
AGM
Veco Precision India Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Ceased
Erwin Johannes Jantinus Reijerink ceased to be Additional Director.
Ceased
Jenna Michelle Myszak ceased to be Additional Director.
Appointed
Erwin Johannes Jantinus Reijerink was appointed as Director.
Filing
Veco Precision India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Jenna Michelle Myszak was appointed as Additional Director.
Appointed
Christiaan Johannes De Vree was appointed as Director.
Ceased
Dick Johan Nuesink ceased to be Director.
Ceased
Michiel Antonius Carolus Barendse ceased to be Additional Director.
Appointed
Michiel Antonius Carolus Barendse was appointed as Director.
Ceased
Joost Willem Pieter Smits ceased to be Director.
Ceased
Sandeep Bhimrao Khot ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Veco Precision India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 28 May 2020 (6+ years old) and is registered under CIN U28999PN2020FTC190962.
Veco Precision India has 3 current directors:
- Sandeep Bhimrao Khot - Managing Director
- Christiaan Johannes De Vree - Director
- Erwin Johannes Jantinus Reijerink - Director
The latest financial statements of Veco Precision India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Veco Precision India is 27AAHCV3927D1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veco Precision India is U28999PN2020FTC190962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veco Precision India was incorporated on 28 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Erwin Johannes Jantinus Reijerink ceased to be Additional Director on 24 Sep 2025. Jenna Michelle Myszak ceased to be Additional Director on 24 Sep 2025. Erwin Johannes Jantinus Reijerink was appointed as Director on 18 Aug 2025. Veco Precision India has 11 board changes on record in total.
Yes, Veco Precision India is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0008000).
Veco Precision India has 3 MSME Form 1 returns on record between 2023 and 2024, listing 70 overdue payments to 21 micro and small suppliers. The latest return was filed on 26 Apr 2024.
The registered office of Veco Precision India is at Plot No B – 23 MIDC – Chakan Shinde Vasuli Khed, Pune, Maharashtra, India – 410501.
Veco Precision India operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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