Accurate Engineering Company Private Limited

Accurate Engineering Company Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U33129MH1963PTC012591 Incorporated 21 February 1963 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹50.65 Cr
▲ 16% YoY
Net profit · FY 2024
₹3.78 Cr
Net margin 7.5%
EBITDA · FY 2024
₹6.05 Cr
EBITDA margin 11.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹54 Lakh
Issued & subscribed
Open charges
₹12.68 Cr
Satisfied ₹2.15 Cr
Company age
63 yrs
Est. 1963
Employees · EPFO
11
Provident fund records

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

CIN U33129MH1963PTC012591
Registration Number 012591
Incorporation Date 21 February 1963
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0109035

Recognitions & Rankings of Accurate Engineering Company

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0109035

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
  • Social Media
  • Registered Address
    Plot No 67P B No – 1202 Hadapsar Industrial Estate, Pune, Maharashtra, India – 411013
  • Industry
    Machinery and Equipment, Industrial Testing & Measurement Equipment

To see the full contact details of Accurate Engineering Company Private Limited, buy the company report.

Comprehensive company report
Accurate Engineering Company 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 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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment
MProfessional, Scientific and TechnicalM9Other 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 available

Accurate Engineering Company Private Limited reported revenue of ₹50.65 Cr (up 16% YoY) for FY 2024.

Revenue · FY 2024
₹50.65 Cr ▲ 16%
Net profit · FY 2024
₹3.78 Cr margin 7.5%
EBITDA · FY 2024
₹6.05 Cr margin 11.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 18%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 37%
5 years · compounded
▲ 3%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹6.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.78 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.9%
Net Profit Margin7.5%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Aditya Vilasrao SalunkeManaging Director21 Sep 200422 Years 1 MonthsCurrent
Kalpana Vilasrao SalunkeDirector29 Dec 200619 Years 9 MonthsCurrent
Sonali Prashant ShindeDirector07 Dec 200718 Years 10 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr7.5%16.0%11Pune, 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 firmFinancial yearFirm registration number
PATKI&SOMANFY 2023107830W

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 categoryFY 2023FY 2021FY 2020FY 2019FY 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

Open charges
₹12.68 Cr
Satisfied charges
₹2.15 Cr
Breakdown by lending institutions
Others₹11.86 Cr
The Maharashtra State Financial Corporation₹0.82 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Dec 2023100867741Others₹1.06 CrOpen
27 Dec 2023100867738Others₹7.8 CrOpen
15 May 200080054405Others₹1 CrOpen
15 May 200090088291Others₹2 CrOpen
30 Mar 198590093518The Maharashtra State Financial Corporation₹22.39 LakhOpen

To see the full charge records of Accurate Engineering Company Private Limited, buy the company report.

Total charge records: 24 View all charges

Credit ratings & regulatory alerts

Accurate Engineering Company Private Limited was last rated by Crisil on 02 Mar 2019.

Rating agencyRated onRating
Crisil02 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.

Employee count
11
Active EPFO establishments
1
Employee growth
-21.43%

GST

Accurate Engineering Company has 7 GST registrations: 4 active and 3 cancelled or inactive.

Total GSTINs
7
Active
4
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AABCA5155E1ZZMaharashtraActive01 Jul 2017
29AABCA5155E1ZVKarnatakaActive01 Jul 2017
33AABCA5155E1Z6Tamil NaduActive01 Jul 2017
08AABCA5155E1ZZRajasthanActive17 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.

Charges
A charge with Others of Rs. 1.06 Cr registered on 27 Dec 2023 with Charge ID 100867741 was modified on 09 Apr 2025.
AGM
Accurate Engineering Company Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Filing
Accurate Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 7.80 Cr with Charge ID 100867738 was registered on 27 Dec 2023.
Charges
A charge with Others amounted to Rs. 1.06 Cr with Charge ID 100867741 was registered on 27 Dec 2023.
Charges
A charge with Others of Rs. 1.00 Cr registered on 15 May 2000 with Charge ID 80054405 was modified on 18 Apr 2022.
Charges
A charge registered on 21 Jul 2015 via Charge ID 10600757 with Bank Of Maharashtra was fully satisfied on 01 Sep 2021.
Charges
A charge registered on 28 Sep 2006 via Charge ID 10158455 with Bank Of Maharashtra was fully satisfied on 01 Sep 2021.
Charges
A charge registered on 08 Apr 2002 via Charge ID 90088490 with Bank Of Maharashtra was fully satisfied on 01 Sep 2021.
Charges
A charge registered on 20 Aug 1997 via Charge ID 90088061 with Bank Of Maharashtra was fully satisfied on 01 Sep 2021.
Charges
A charge registered on 18 Dec 1979 via Charge ID 90083240 with Bank Of Maharashtra was fully satisfied on 01 Sep 2021.
Charges
A charge registered on 27 Dec 1977 via Charge ID 90083200 with Bank Of Maharashtra was fully satisfied on 01 Sep 2021.

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:

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.