MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0068541
_PRIVATE_LIMITED.webp)
Ace Industries (India) Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹52.84 Cr
▲ 5% YoY
Net profit · FY 2024
₹3.24 Cr
Net margin 6.1%
EBITDA · FY 2024
₹4.65 Cr
EBITDA margin 8.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹9.23 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
4
As per MCA filings
About Ace Industries (India) Private Limited
Data last updated:
Ace Industries (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 14 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29268MH2010PTC206619. Its GSTIN is 27AAICA7458F1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Yasmin Maherali Makani and Amit Maherali Makani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 113 Alpine Industrial Estate Marol Military Road Andheri (E), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.84 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Cr (net margin 6.1%) and EBITDA of ₹4.65 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 17% over five years.
The company is associated with 1 brand: Ace Industries. As per MCA filings, the company has open charges of ₹9.23 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in February 2014.
Ace Industries (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0068541). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acecentrifuges.com.
Company details
CIN U29268MH2010PTC206619
Registration Number 206619
Incorporation Date 14 August 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0068541
Key People
Yasmin Maherali Makani Director Amit Maherali Makani Director Afreen Amit Makani Director Recognitions & Rankings of Ace Industries (India)
Contact details
Ace Industries (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is acecentrifuges.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address113 Alpine Industrial Estate Marol Military Road Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Ace Industries (India) Private Limited, buy the company report.
Comprehensive company report
Ace Industries (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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Brands
Ace Industries (India) operates one associated brand: Ace Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of centrifuge machines and process equipments for industrial sectors in India. | acecentrifuges.com |
Business activity
The main business activity of Ace Industries (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ace Industries (India) Private Limited, buy the company report.
Financials of Ace Industries (India) Private Limited
FY 2024 filings availableAce Industries (India) Private Limited reported revenue of ₹52.84 Cr (up 5% YoY) for FY 2024.
Revenue · FY 2024
₹52.84 Cr ▲ 5%
Net profit · FY 2024
₹3.24 Cr margin 6.1%
EBITDA · FY 2024
₹4.65 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 17%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 10%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 5% growth in the latest year. EBITDA fell 3% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.24 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 6.1% | ||||
| 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 Ace Industries (India) Private Limited, buy the company report.
Board of directors of Ace Industries (India) Private Limited
Ace Industries (India) has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yasmin Maherali Makani | Director | 14 Aug 2010 | 16 Years 2 Months | Current |
| Amit Maherali Makani | Director | 14 Aug 2010 | 16 Years 2 Months | Current |
| Afreen Amit Makani | Director | 14 Aug 2010 | 16 Years 2 Months | Current |
| Maherali Habib Makani | Director | 14 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Ace Industries (India) Private Limited is audited by C.J.K. ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.J.K. ASSOCIATES | FY 2023 | 042709 |
Shareholding
The shareholding of Ace Industries (India) 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 Ace Industries (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2021 | 100520592 | Hdfc Bank Limited | ₹1.71 Cr | Open | |
| 02 Mar 2021 | 100435371 | Hdfc Bank Limited | ₹95 Lakh | Open | |
| 03 Oct 2016 | 100056018 | Hdfc Bank Limited | ₹5.15 Cr | Open | |
| 16 Jun 2016 | 100036715 | Vijaya Bank | ₹59,500 | Open | |
| 16 Jun 2016 | 100036760 | Vijaya Bank | ₹1.91 Lakh | Open |
To see the full charge records of Ace Industries (India) Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Ace Industries (India) Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in February 2014.
Total deals
1
Funding round
1
Disclosed funding
₹99 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2014 | Funding round | ₹99 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ace Industries (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
No delayed payments to MSME suppliers are on our record for Ace Industries (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ace Industries (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA7458F1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Industries (India) Private Limited, buy the company report.
Recent activity
Ace Industries (India) Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Afreen Amit Makani was appointed as Director on 14 Aug 2010.
AGM
Ace Industries (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ace Industries (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 5.15 Cr registered on 03 Oct 2016 with Charge ID 100056018 was modified on 05 Nov 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 1.71 Cr registered on 29 Sep 2021 with Charge ID 100520592 was modified on 28 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.71 Cr with Charge ID 100520592 was registered on 29 Sep 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.95 Cr with Charge ID 100435371 was registered on 02 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.15 Cr with Charge ID 100056018 was registered on 03 Oct 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 0.01 Cr with Charge ID 100036715 was registered on 16 Jun 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 0.02 Cr with Charge ID 100036760 was registered on 16 Jun 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 0.02 Cr with Charge ID 100019061 was registered on 05 Apr 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 0.02 Cr with Charge ID 100019064 was registered on 05 Apr 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 0.15 Cr with Charge ID 10627049 was registered on 24 Feb 2016.
9 earlier events are in the company report.
Frequently asked questions
Ace Industries (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 14 August 2010 (16+ years old) and is registered under CIN U29268MH2010PTC206619.
Ace Industries (India) has 4 current directors:
- Yasmin Maherali Makani - Director
- Amit Maherali Makani - Director
- Afreen Amit Makani - Director
- Maherali Habib Makani - Director
The latest financial statements of Ace Industries (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ace Industries (India) is 27AAICA7458F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ace Industries (India) is U29268MH2010PTC206619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Industries (India) was incorporated on 14 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Ace Industries (India) has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in February 2014.
Afreen Amit Makani was appointed as Director on 14 Aug 2010. Amit Maherali Makani was appointed as Director on 14 Aug 2010. Maherali Habib Makani was appointed as Director on 14 Aug 2010. Ace Industries (India) has 4 board changes on record in total.
Yes, Ace Industries (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0068541).
Ace Industries (India) can be reached through the website acecentrifuges.com. Its registered office is in Mumbai, Maharashtra, India.
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