MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-02-0000534
Adage Automation Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹227.42 Cr
▲ 23% YoY
Net profit · FY 2025
₹21.71 Cr
Net margin 9.5%
EBITDA · FY 2025
₹38.66 Cr
EBITDA margin 17%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.23 Cr
Issued & subscribed
Open charges
₹170.85 Cr
Satisfied ₹16 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
246
Provident fund records
About Adage Automation Private Limited
Data last updated:
Adage Automation Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2001PTC133206. Its GSTIN is 30AADCA1647D1ZF (Goa). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.23 Cr. It is led by directors including Abhijit Chatterjee (Managing Director) and Puspa Chatterjee.
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 Office No. 506 Satra Plaza Plot No. 19 & 20 Sector – 19D Vashi Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹227.42 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹21.71 Cr (net margin 9.5%) and EBITDA of ₹38.66 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 25% over five years.
The company has about 246 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adage Automation. As per MCA filings, the company has open charges of ₹170.85 Cr and satisfied charges of ₹16 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 17 deals on record (11 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹230.57 Cr; the latest was in July 2026. Its 3 peer companies in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger; the largest is Banco Gaskets (India) Limited with revenue of ₹228.84 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 94 overdue payments to 10 micro and small suppliers.
Adage Automation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000534). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adage-automation.com.
Company details
CIN U74900MH2001PTC133206
Registration Number 133206
Incorporation Date 30 August 2001
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 Medium
Udyam Registration UDYAM-GA-02-0000534
Recognitions & Rankings of Adage Automation
Contact details
Adage Automation Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is adage-automation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 506 Satra Plaza Plot No. 19 & 20 Sector – 19D Vashi Navi Mumbai, Maharashtra, India – 400703
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Adage Automation Private Limited, buy the company report.
Comprehensive company report
Adage Automation 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
Adage Automation operates one associated brand: Adage Automation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of integrated gas analytical solutions for process optimization and environmental monitoring | adage-automation.com |
Business activity
The main business activity of Adage Automation is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Adage Automation Private Limited, buy the company report.
Financials of Adage Automation Private Limited
FY 2024 filings availableAdage Automation Private Limited reported revenue of ₹227.42 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹227.42 Cr ▲ 23%
Net profit · FY 2025
₹21.71 Cr margin 9.5%
EBITDA · FY 2025
₹38.66 Cr margin 17%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 31%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 46%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 23% growth in the latest year. EBITDA rose 47% 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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| EBITDA | ₹38.66 Cr | ||||
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| Net Profit (PAT) | ₹21.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 9.5% | ||||
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To see the full financial statements and ratios of Adage Automation Private Limited, buy the company report.
Board of directors of Adage Automation Private Limited
Adage Automation has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puspa Chatterjee Also directs: Adage Analytics Solutions Private Limited | Director | 15 Oct 2020 | 6 Years 0 Months | Current |
| Angshuman Paul Also directs: Adage Analytics Solutions Private Limited | Director | 30 Aug 2001 | 25 Years 1 Months | Current |
| Abhijit Chatterjee | Managing Director | 30 Aug 2001 | 25 Years 1 Months | Current |
| Sudhir Keshav Kulkarni | Director | 25 Mar 2025 | 1 Years 6 Months | Current |
| Vijay Kumar Hamirwasia | Director | 25 Jun 2025 | 1 Years 3 Months | Current |
| Rajendra Kumar Upendrarao | Director | 25 Jun 2025 | 1 Years 3 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Adage Automation Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Banco Gaskets (India) Limited | ₹228.84 Cr (FY 2025) | 12.0% | Vadodara, Gujarat, India | |||
| Deccan Mechanical and Chemical Industries Private Limited | ₹228.37 Cr (FY 2025) | 29.0% | Maharashtra, India | |||
| Ycube Engineered Solutions Private Limited | ₹228.1 Cr (FY 2025) | 91.0% | New Delhi, Delhi, India | |||
| Adage Automation Private Limitedthis company | ₹227.42 Cr (FY 2025) | ₹21.71 Cr | 9.5% | 23.0% | 246 | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Adage Automation Private Limited, buy the company report.
Auditor
Adage Automation Private Limited is audited by G K R & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K R & Associates | FY 2023 | 139864W |
Shareholding
The shareholding of Adage Automation 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 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adage Automation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹170.85 Cr
Satisfied charges
₹16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2025 | 101165454 | Others | ₹30 Cr | Open | |
| 20 Feb 2024 | 100882154 | Others | ₹47 Cr | Open | |
| 22 May 2023 | 100759611 | Hdfc Bank Limited | ₹33.72 Lakh | Open | |
| 22 May 2023 | 100759562 | Hdfc Bank Limited | ₹33.72 Lakh | Open | |
| 19 Apr 2023 | 100745650 | Hdfc Bank Limited | ₹16.93 Lakh | Open |
To see the full charge records of Adage Automation Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Adage Automation Private Limited has 17 deals on record (11 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹230.57 Cr; the latest was in July 2026.
Total deals
17
Secondary share transfers
11
Funding rounds
4
Rights issues
2
Disclosed funding
₹230.57 Cr
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Funding round | ₹230 Cr | Investors: InCred Alternatives Investments, Global South Capital, Prachetas Capital |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Adage International Private Limited |
| Mar 2023 | Rights issue | ₹62 Lakh | Investors: 3 individuals |
| Apr 2018 | Rights issue | ₹60.3 Lakh | Investors: 3 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Nitai Chatterjee Bankim |
To see the full deal history of Adage Automation Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adage Automation Private Limited has 2 court cases on record: 1 filed by Adage Automation, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Civil suit | Filed against the company by Jytra Technology Solutions Pvt Ltd and Ors (Rep) Rraj Singh | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Adage Automation 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
Adage Automation Private Limited was last rated by Care on 03 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Feb 2022 |
To see the full credit ratings and regulatory alerts of Adage Automation Private Limited, buy the company report.
MSME payment delays
Adage Automation Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 94 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chemtron Science Laboratories Private Limited | |||
| Aviza Technologies | |||
| an individual supplier | |||
| Em Technik India Private Limited | |||
| S. P. Equipment & Services |
To see the full MSME payment records of Adage Automation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Adage Automation Private Limited has a workforce of 246 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
246
Active EPFO establishments
1
Employee growth
5.58%
GST
Adage Automation has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCA1647D1ZF | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adage Automation Private Limited, buy the company report.
Recent activity
Adage Automation Private Limited has 13 board changes on record since 2001: 10 appointments and 3 cessations. The latest: Jochen Geiger was appointed as Director on 25 Jun 2025.
Charges
A charge with Others of Rs. 47.00 Cr registered on 20 Feb 2024 with Charge ID 100882154 was modified on 30 Sep 2025.
Charges
A charge with Others of Rs. 52.60 Cr registered on 24 Sep 2012 with Charge ID 10380774 was modified on 30 Sep 2025.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101165454 was registered on 14 Aug 2025.
Appointed
Jochen Geiger was appointed as Director.
Appointed
Rajendra Kumar Upendrarao was appointed as Director.
Appointed
Vijay Kumar Hamirwasia was appointed as Director.
Appointed
Sudhir Keshav Kulkarni was appointed as Director.
AGM
Adage Automation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 37.00 Cr registered on 07 May 2022 with Charge ID 100583340 was modified on 02 Aug 2024.
Filing
Adage Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 47.00 Cr with Charge ID 100882154 was registered on 20 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100759611 was registered on 22 May 2023.
27 earlier events are in the company report.
News
Frequently asked questions
Adage Automation is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 August 2001 (25+ years old) and is registered under CIN U74900MH2001PTC133206.
Adage Automation has 7 current directors:
- Abhijit Chatterjee - Managing Director
- Puspa Chatterjee - Director
- Angshuman Paul - Director
- Sudhir Keshav Kulkarni - Director
- Vijay Kumar Hamirwasia - Director
- Rajendra Kumar Upendrarao - Director
- Jochen Geiger - Director
The latest financial statements of Adage Automation 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 Adage Automation is 30AADCA1647D1ZF, registered in Goa. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Adage Automation is U74900MH2001PTC133206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adage Automation has 2 court cases on record: 1 filed by the company and 1 filed against it.
Adage Automation was incorporated on 30 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Adage Automation has 17 deals on record (11 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹230.57 Cr; the latest was in July 2026.
The peers of Adage Automation by revenue are Banco Gaskets (India) Limited, Deccan Mechanical and Chemical Industries Private Limited, Ycube Engineered Solutions Private Limited, all in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jochen Geiger was appointed as Director on 25 Jun 2025. Rajendra Kumar Upendrarao was appointed as Director on 25 Jun 2025. Vijay Kumar Hamirwasia was appointed as Director on 25 Jun 2025. Adage Automation has 13 board changes on record in total.
Yes, Adage Automation is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-02-0000534).
Adage Automation has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 94 overdue payments to 10 micro and small suppliers. The latest return was filed on 22 Dec 2021.