- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0020696

About Abad Insulation Private Limited
Data last updated:
Abad Insulation Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 02 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1993PTC020111. Its GSTIN is 24AABCA6291K1ZL (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹75,000. It is led by directors Nehal Mitul Shah and Mitul Atulbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 205 Oasis Complex Opp – Ankurschool Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2026, the company reported a revenue of ₹6.21 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Cr and EBITDA of -₹99.24 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 72% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹24.07 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 3 cases are pending.
Abad Insulation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0020696). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abadinsulation.com.
Company details
Recognitions & Rankings of Abad Insulation
Contact details
Abad Insulation Private Limited's registered office is in Ahmedabad, Gujarat. Its website is abadinsulation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 Oasis Complex Opp – Ankurschool Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Abad Insulation Private Limited, buy the company report.
- 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
Business activity
The main business activities of Abad Insulation are wholesale and retail trade; repair of motor vehicles and motorcycles and construction. In detail, this covers wholesale trade, except of motor vehicles and motorcycles and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Abad Insulation Private Limited, buy the company report.
Financials of Abad Insulation Private Limited
FY 2026 filings availableAbad Insulation Private Limited reported revenue of ₹6.21 Lakh (down 97% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 97% fall in the latest year. EBITDA rose 2% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.21 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹99.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Abad Insulation Private Limited, buy the company report.
Board of directors of Abad Insulation Private Limited
Abad Insulation has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nehal Mitul Shah Also directs: Insuka Industries Private Limited, En Contracts Private Limited, Inner Engineering Products & Systems Private Limited and 3 more | Director | 13 Dec 2007 | 18 Years 10 Months | Current |
| Mitul Atulbhai Shah Also directs: Insuka Industries Private Limited, En Contracts Private Limited, Inner Engineering Products & Systems Private Limited and 3 more | Director | 08 Sep 2006 | 20 Years 2 Months | Current |
Auditor
Abad Insulation Private Limited is audited by Kamalkumar S. Jain & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamalkumar S. Jain & Co | FY 2026 | 133406W |
Shareholding
The shareholding of Abad Insulation Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abad Insulation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2020 | 100415895 | Others | ₹4.99 Cr | Satisfied | |
| 23 Apr 2018 | 100175821 | The Hongkong and Shanghai Banking Corporation Limited | ₹18 Lakh | Satisfied | |
| 23 Apr 2018 | 100176901 | The Hongkong and Shanghai Banking Corporation Limited | ₹6.3 Cr | Satisfied | |
| 05 Nov 2014 | 10529329 | Others | ₹6.3 Cr | Satisfied | |
| 22 Dec 2011 | 10325581 | Others | ₹6.3 Cr | Satisfied |
To see the full charge records of Abad Insulation Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Abad Insulation Private Limited has 7 court cases on record: 6 filed by Abad Insulation, 1 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Vector Projects India Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Snehal Ac and R Engineering Pvt Ltd and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Shushant Bhuvad Prop. of We Can Services | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
To see the full case history of Abad Insulation Private Limited, buy the company report.
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.
MSME payment delays
Abad Insulation Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 85 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aerolam Insulations Private Limited | |||
| an individual supplier | |||
| Prakash Trading Company | |||
| Sheth Insulations Private Limited |
To see the full MSME payment records of Abad Insulation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Abad Insulation Private Limited has a workforce of 42 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Abad Insulation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA6291K1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abad Insulation Private Limited, buy the company report.
Recent activity
Abad Insulation Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Viraj Mitul Shah ceased to be Director on 14 Jun 2021.
9 earlier events are in the company report.
Frequently asked questions
Abad Insulation is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 02 September 1993 (33+ years old) and is registered under CIN U25209GJ1993PTC020111.
Abad Insulation has 2 current directors:
- Nehal Mitul Shah - Director
- Mitul Atulbhai Shah - Director
The latest financial statements of Abad Insulation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Abad Insulation is 24AABCA6291K1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Abad Insulation is U25209GJ1993PTC020111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abad Insulation has 7 court cases on record: 6 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Abad Insulation was incorporated on 02 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Viraj Mitul Shah ceased to be Director on 14 Jun 2021. Sheela Atulbhai Shah ceased to be Director on 14 Nov 2018. Nehal Mitul Shah was appointed as Director on 13 Dec 2007. Abad Insulation has 5 board changes on record in total.
Yes, Abad Insulation is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0020696).
Abad Insulation has 5 MSME Form 1 returns on record between 2019 and 2020, listing 85 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Oct 2020.
Abad Insulation can be reached through the website abadinsulation.com. Its registered office is in Ahmedabad, Gujarat, India.

