- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0109035

About Accurate Engineering Company Private Limited
Data last updated:
Accurate Engineering Company Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 February 1963 and has been in existence for over 63 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U33129MH1963PTC012591. Its GSTIN is 27AABCA5155E1ZZ (Maharashtra). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹54 Lakh. It was formerly known as Accurate Engineering Company Limited. It is led by directors including Aditya Vilasrao Salunke (Managing Director) and Kalpana Vilasrao Salunke.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 67P B No – 1202 Hadapsar Industrial Estate, Pune, Maharashtra, India – 411013.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.65 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.78 Cr (net margin 7.5%) and EBITDA of ₹6.05 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.68 Cr and satisfied charges of ₹2.15 Cr on record. Court records list 28 cases involving the company, including 16 filed by the company and 12 filed against it; 5 cases are pending.
Accurate Engineering Company Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0109035). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accurateengg.com.
Company details
Recognitions & Rankings of Accurate Engineering Company
Contact details
Accurate Engineering Company Private Limited's registered office is in Pune, Maharashtra. Its website is accurateengg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 67P B No – 1202 Hadapsar Industrial Estate, Pune, Maharashtra, India – 411013
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of Accurate Engineering Company 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 Accurate Engineering Company are manufacturing and professional, scientific and technical. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Accurate Engineering Company Private Limited, buy the company report.
Financials of Accurate Engineering Company Private Limited
FY 2024 filings availableAccurate Engineering Company Private Limited reported revenue of ₹50.65 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 16% growth in the latest year. EBITDA rose 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.05 Cr | ||||
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| Net Profit (PAT) | ₹3.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of Accurate Engineering Company Private Limited, buy the company report.
Board of directors of Accurate Engineering Company Private Limited
Accurate Engineering Company has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Vilasrao Salunke Also directs: Amac Inspection Controls Private Limited | Managing Director | 21 Sep 2004 | 22 Years 1 Months | Current |
| Kalpana Vilasrao Salunke | Director | 29 Dec 2006 | 19 Years 9 Months | Current |
| Sonali Prashant Shinde Also directs: Purandar Green Council | Director | 07 Dec 2007 | 18 Years 10 Months | Current |
Peer comparison
Accurate Engineering Company Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scientific Mes-Technik Pvt.Ltd. | ₹54.75 Cr (FY 2025) | -11.0% | Indore, Madhya Pradesh, India | |||
| Precision Mass Products Private Limited | ₹54.68 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Engineering and Environmental Solutions Private Limited | ₹53.05 Cr (FY 2025) | 13.0% | Aligarh, Uttar Pradesh, India | |||
| Accurate Engineering Company Private Limitedthis company | ₹50.65 Cr (FY 2024) | ₹3.78 Cr | 7.5% | 16.0% | 11 | Pune, Maharashtra, India |
| Consilium Safety India Private Limited | ₹49.62 Cr (FY 2024) | 42.0% | Thane, Maharashtra, India |
To see the full peer comparison of Accurate Engineering Company Private Limited, buy the company report.
Auditor
Accurate Engineering Company Private Limited is audited by PATKI&SOMAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATKI&SOMAN | FY 2023 | 107830W |
Shareholding
The shareholding of Accurate Engineering Company Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Accurate Engineering Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2023 | 100867741 | Others | ₹1.06 Cr | Open | |
| 27 Dec 2023 | 100867738 | Others | ₹7.8 Cr | Open | |
| 15 May 2000 | 80054405 | Others | ₹1 Cr | Open | |
| 15 May 2000 | 90088291 | Others | ₹2 Cr | Open | |
| 30 Mar 1985 | 90093518 | The Maharashtra State Financial Corporation | ₹22.39 Lakh | Open |
To see the full charge records of Accurate Engineering Company Private Limited, buy the company report.
Total charge records: 24 View all charges
Legal cases
Accurate Engineering Company Private Limited has 28 court cases on record: 16 filed by Accurate Engineering Company, 12 filed against it. 5 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 5 | 2 |
| High courts | 6 | 4 | 0 |
| NCLT | 3 | 3 | 1 |
| NCLAT | 3 | 0 | 2 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Mumbai | Court case (Cont.A.) | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Accurate Gauging and Insjtuments Pvt. Ltd.Represented by Power of Attorney - Mr.Vikram Salunkhe | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Accurate Sales and Services Pvt. Ltd.Represented by Power of Attorney - Mr.Vikram Salunkhe | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against individuals | Disposed |
To see the full case history of Accurate Engineering Company 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.
Credit ratings & regulatory alerts
Accurate Engineering Company Private Limited was last rated by Crisil on 02 Mar 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Mar 2019 |
To see the full credit ratings and regulatory alerts of Accurate Engineering Company Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Accurate Engineering Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accurate Engineering Company Private Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Accurate Engineering Company has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA5155E1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 29AABCA5155E1ZV | Karnataka | Active | 01 Jul 2017 |
| 33AABCA5155E1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
| 08AABCA5155E1ZZ | Rajasthan | Active | 17 May 2019 |
To see the full GST registrations and return filing status of Accurate Engineering Company Private Limited, buy the company report.
Recent activity
Accurate Engineering Company Private Limited has 9 board changes on record since 1985: 6 appointments and 3 cessations. The latest: Prakash Sarjerao Jagtap ceased to be Director on 06 Mar 2013.
43 earlier events are in the company report.
Frequently asked questions
Accurate Engineering Company is an active private limited company based in Pune, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 21 February 1963 (63+ years old) and is registered under CIN U33129MH1963PTC012591.
Accurate Engineering Company has 3 current directors:
- Aditya Vilasrao Salunke - Managing Director
- Kalpana Vilasrao Salunke - Director
- Sonali Prashant Shinde - Director
The latest financial statements of Accurate Engineering Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Accurate Engineering Company is 27AABCA5155E1ZZ, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 29AABCA5155E1ZV (Karnataka), 33AABCA5155E1Z6 (Tamil Nadu), 08AABCA5155E1ZZ (Rajasthan).
The CIN (Corporate Identification Number) of Accurate Engineering Company is U33129MH1963PTC012591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accurate Engineering Company has 28 court cases on record: 16 filed by the company and 12 filed against it. 5 are pending. Most are in the district courts.
Accurate Engineering Company was incorporated on 21 February 1963, making it 63+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Accurate Engineering Company by revenue are Scientific Mes-Technik Pvt.Ltd, Precision Mass Products Private Limited, Engineering and Environmental Solutions Private Limited, Consilium Safety India Private Limited, all in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Prakash Sarjerao Jagtap ceased to be Director on 06 Mar 2013. Vikram Vilas Salunke ceased to be Managing Director on 04 May 2012. Sudhir Shrivallabh Puranik ceased to be Director on 30 Aug 2008. Accurate Engineering Company has 9 board changes on record in total.
Yes, Accurate Engineering Company is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0109035).
Accurate Engineering Company can be reached through the website accurateengg.com. Its registered office is in Pune, Maharashtra, India.