MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0008404
Advancestep Industries Private Limited
Advancestep Industries Private Limited - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹94.08 Lakh
▼ 75% YoY
Net profit · FY 2025
₹1.63 Lakh
Net margin 1.7%
EBITDA · FY 2025
₹4.98 Lakh
EBITDA margin 5.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹20.25 Lakh
No open charges
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Advancestep Industries Private Limited
Data last updated:
Advancestep Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2019PTC183068. Its GSTIN is 27AASCA0996Q1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sourabh Suresh Sonwalkar and Suresh Rambhau Sonwalkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sec. No 10 Pl. No 89/02 Gala No F – 18 Shivkripa Ind Premises Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.08 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Lakh (net margin 1.7%) and EBITDA of ₹4.98 Lakh (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 29% over five years.
As per MCA filings, the company has satisfied charges of ₹20.25 Lakh on record.
Advancestep Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0008404).
Company details
CIN U29309PN2019PTC183068
Registration Number 183068
Incorporation Date 27 March 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-26-0008404
Key People
Sourabh Suresh Sonwalkar Director Suresh Rambhau Sonwalkar Director Madhura Ganesh Sonwalkar Director Recognitions & Rankings of Advancestep Industries
Contact details
Advancestep Industries Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSec. No 10 Pl. No 89/02 Gala No F – 18 Shivkripa Ind Premises Bhosari, Pune, Maharashtra, India – 411026
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Advancestep Industries Private Limited, buy the company report.
Comprehensive company report
Advancestep Industries 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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Secure checkout · GST invoice included
Business activity
The main business activity of Advancestep Industries is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Advancestep Industries Private Limited, buy the company report.
Financials of Advancestep Industries Private Limited
FY 2025 filings availableAdvancestep Industries Private Limited reported revenue of ₹94.08 Lakh (down 75% YoY) for FY 2025.
Revenue · FY 2025
₹94.08 Lakh ▼ 75%
Net profit · FY 2025
₹1.63 Lakh margin 1.7%
EBITDA · FY 2025
₹4.98 Lakh margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 48%
5 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 48%
5 years · compounded
▼ 29%
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 75% fall in the latest year. EBITDA fell 65% 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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| Total Expenses | |||||
| EBITDA | ₹4.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.63 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Advancestep Industries Private Limited, buy the company report.
Board of directors of Advancestep Industries Private Limited
Advancestep Industries has 3 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 |
|---|---|---|---|---|
| Sourabh Suresh Sonwalkar Also directs: Mass Technomech Private Limited | Director | 27 Mar 2019 | 7 Years 7 Months | Current |
| Suresh Rambhau Sonwalkar Also directs: Trivikram Engineering Private Limited | Director | 22 Nov 2024 | 1 Years 11 Months | Current |
| Madhura Ganesh Sonwalkar | Director | 22 Nov 2024 | 1 Years 11 Months | Current |
Charges & borrowings
Open charges
None
Satisfied charges
₹20.25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2019 | 100298773 | Others | ₹20.25 Lakh | Satisfied |
To see the full charge records of Advancestep Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Advancestep Industries 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 Advancestep Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advancestep Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA0996Q1ZM | Maharashtra | Active | 15 Apr 2019 |
To see the full GST registrations and return filing status of Advancestep Industries Private Limited, buy the company report.
Recent activity
Advancestep Industries Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Madhura Ganesh Sonwalkar was appointed as Director on 22 Nov 2024.
AGM
Advancestep Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Advancestep Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Madhura Ganesh Sonwalkar was appointed as Director.
Ceased
Smita Suresh Sonwalkar ceased to be Director.
Appointed
Suresh Rambhau Sonwalkar was appointed as Director.
Ceased
Ganesh Rambhau Sonwalkar ceased to be Director.
Ceased
Jayashri Suresh Sonwalkar ceased to be Director.
Charges
A charge registered on 16 Jul 2019 via Charge ID 100298773 with Others was fully satisfied on 02 Jul 2022.
Charges
A charge with Others amounted to Rs. 20.25 Lakh with Charge ID 100298773 was registered on 16 Jul 2019.
Appointed
Sourabh Suresh Sonwalkar was appointed as Director.
Incorporation
27 Mar 2019
Advancestep Industries Private Limited was registered on 27 Mar 2019 with Roc Pune & aged 7 years 7 months as per MCA records.
Frequently asked questions
Advancestep Industries is an active private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U29309PN2019PTC183068.
Advancestep Industries has 3 current directors:
- Sourabh Suresh Sonwalkar - Director
- Suresh Rambhau Sonwalkar - Director
- Madhura Ganesh Sonwalkar - Director
The latest financial statements of Advancestep Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Advancestep Industries is 27AASCA0996Q1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advancestep Industries is U29309PN2019PTC183068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advancestep Industries was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Madhura Ganesh Sonwalkar was appointed as Director on 22 Nov 2024. Smita Suresh Sonwalkar ceased to be Director on 22 Nov 2024. Suresh Rambhau Sonwalkar was appointed as Director on 22 Nov 2024. Advancestep Industries has 6 board changes on record in total.
Yes, Advancestep Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0008404).
The registered office of Advancestep Industries is at Sec. No 10 Pl. No 8902 Gala No F – 18 Shivkripa Ind Premises Bhosari, Pune, Maharashtra, India – 411026.
Advancestep Industries operates in the automotive industry, in the auto parts and components segment.
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