Aerospace Processing India Private Limited

Aerospace Processing India Private Limited - transport and logistics in Belgaum, Karnataka, India. FY 2026 financials & compliance.
CIN U35303KA2007PTC043311 Incorporated 02 July 2007 ROC Bangalore HQ Belgaum, Karnataka, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2025
₹66.18 Cr
▲ 21% YoY
Net profit · FY 2025
₹12.15 Cr
Net margin 18.4%
EBITDA · FY 2025
₹23.98 Cr
EBITDA margin 36.2%
Authorised capital
₹16.9 Cr
Registered with MCA
Paid-up capital
₹16.89 Cr
Issued & subscribed
Open charges
₹42.5 Cr
Satisfied ₹32.69 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
223
Provident fund records

About Aerospace Processing India Private Limited

Data last updated:

Aerospace Processing India Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 02 July 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35303KA2007PTC043311. Its GSTIN is 29AAGCA3931P1Z7 (Karnataka).

The company has an authorised share capital of ₹16.9 Cr and a paid-up capital of ₹16.89 Cr. It is led by directors including Rajeev Kaul and Jason Scott Addis.

Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Aequs SEZ No. 437/A Hattargi Village Hukkeri Taluk, Belgaum, Karnataka, India – 591243.

As per the financials filed for FY 2025, the company reported a revenue of ₹66.18 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹12.15 Cr (net margin 18.4%) and EBITDA of ₹23.98 Cr (EBITDA margin 36.2%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 15% over five years.

The company has about 223 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Aequs. As per MCA filings, the company has open charges of ₹42.5 Cr and satisfied charges of ₹32.69 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in January 2015. Its 10 peer companies in the Aviation industry (Aerospace, Aircraft and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Atharva Advanced Systems and Technologies Limited with revenue of ₹72.73 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2024, listing 16 overdue payments to 5 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website api-in.com.

Company Details of Aerospace Processing India Private Limited
CIN U35303KA2007PTC043311
Registration Number 043311
Incorporation Date 02 July 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Phillip Campion Underwood Nominee Director Rajeev Kaul Director Dinesh Iyer Nominee Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    api-in.com
  • Social Media
    Locked
  • Registered Address
    Aequs SEZ No. 437/A Hattargi Village Hukkeri Taluk, Belgaum, Karnataka, India – 591243
  • Industry
    Transport and Logistics, Aircraft & Component Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Aerospace Processing India Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Aerospace Processing India Private Limited

The main business activity of Aerospace Processing India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Aerospace Processing India Private Limited FY 2024 filings available

Aerospace Processing India Private Limited reported revenue of ₹66.18 Cr (up 21% YoY) for FY 2025.

Revenue · FY 2025
₹66.18 Cr ▲ 21%
Net profit · FY 2025
₹12.15 Cr margin 18.4%
EBITDA · FY 2025
₹23.98 Cr margin 36.2%

Compounded Annual Growth Rate (CAGR) of Aerospace Processing India Private Limited

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 32%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 21% growth in the latest year. EBITDA rose 44% 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 of Aerospace Processing India Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹23.98 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹12.15 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 of Aerospace Processing India Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin36.2%••••••••••••••••
Net Profit Margin18.4%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aerospace Processing India are in the company report.

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Financial statements from 2015

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Peer Comparison of Aerospace Processing India Private Limited

Aerospace Processing India Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Aerospace, Aircraft and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Atharva Advanced Systems and Technologies Limited₹72.73 Cr (FY 2025)••••••••3.0%••••Gandhinagar, Gujarat, India
Aidin Technologies Private Limited₹72 Cr (FY 2025)••••••••169.0%••••Bengaluru, Karnataka, India
Dassault Reliance Aerospace Limited₹69.93 Cr (FY 2025)••••••••49.0%••••Mumbai, Maharashtra, India
Sita Ips India Private Limited₹68.82 Cr (FY 2024)••••••••13.0%••••Bangalore North, Karnataka, India
Dynamatic Manufacturing Limited₹66.74 Cr (FY 2025)••••••••78.0%••••Bangalore, Karnataka, India
Aerospace Processing India Private Limited this company₹66.18 Cr (FY 2025)••••••••21.0%••••Belgaum, Karnataka, India
San Aerospace India Private Limited₹66.08 Cr (FY 2025)••••••••9.0%••••New Delhi, Delhi, India
Adi Electronics Manufacturing Technologies Private Limited₹62.11 Cr (FY 2024)••••••••-4.0%••••Bangalore, Karnataka, India
Varman Aviation Private Limited₹58.95 Cr (FY 2025)••••••••230.0%••••Bangalore, Karnataka, India
Apollo Aerospace Components India Private Limited₹58.89 Cr (FY 2025)••••••••-4.0%••••Bangalore North, Karnataka, India
Adani-Elbit Advanced Systems India Limited₹58.32 Cr (FY 2024)••••••••195.0%••••Ahmedabad, Gujarat, India

Peers are the five companies nearest above and the five nearest below Aerospace Processing India by revenue in the Aviation industry (Aerospace, Aircraft and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Aerospace Processing India Private Limited

Aerospace Processing India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
Price Waterhouse Chartered Accountants LLPLockedLockedLocked
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Board of Directors of Aerospace Processing India Private Limited

Aerospace Processing India has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Phillip Campion UnderwoodNominee Director26 Feb 20206 Years 7 MonthsCurrent
Rajeev Kaul
Also directs: Aequs Limited, Aequs Cookware Private Limited, Squad Forging India Private Limited and 1 more
Director02 Jul 200719 Years 3 MonthsCurrent
Dinesh Iyer
Also directs: Aequs Cookware Private Limited, Aerostructures Manufacturing India Private Limited
Nominee Director05 Jun 20233 Years 4 MonthsCurrent
Jason Scott Addis
Also directs: Magellan Aerospace (Tumkur) Private Limited, Magellan Aerospace (Bangalore) Private Limited
Director10 Dec 201411 Years 9 MonthsCurrent
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Ownership and Shareholding of Aerospace Processing India Private Limited

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Charges & Borrowings of Aerospace Processing India Private Limited

Open charges
₹42.5 Cr
Satisfied charges
₹32.69 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹42.50 Cr
Latest charge details
DateLenderAmountStatus
18 Nov 2023Hdfc Bank Limited₹20 CrOpen
18 Oct 2019Hdfc Bank Limited₹18 CrOpen
05 Jul 2018Hdfc Bank Limited₹4.5 CrOpen
05 May 2015Export Import Bank of India₹19.11 CrSatisfied
28 Mar 2014State Bank of India₹2.33 CrSatisfied

Total charge records: 7 View all charges

Deals & Funding of Aerospace Processing India Private Limited

Aerospace Processing India Private Limited has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in January 2015.

Total deals
7
Funding rounds
6
Secondary share transfer
1
Disclosed funding
₹16.88 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Jan 2015Funding round₹1.2 CrInvestors: Magellan Aerospace (Bangalore) Private Limited , Aerospace Manufacturing Holdings Private Limited , Aequs Limited
Nov 2014Secondary share transferUndisclosedBuyer: Aerospace Manufacturing Holdings Private Limited
Seller: Aequs Limited
Feb 2014Funding round₹4.67 CrInvestors: Aequs Limited , Magellan Aerospace (Bangalore) Private Limited
Feb 2013Funding round₹2.16 CrInvestors: Aequs Limited , Magellan Aerospace (Bangalore) Private Limited
Sep 2011Funding round₹3.57 CrInvestors: Aequs Limited , Magellan Aerospace (Bangalore) Private Limited
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Aerospace Processing India Private Limited

Aerospace Processing India Private Limited has 3 MSME Form 1 returns on record between 2019 and 2024, listing 16 overdue payments to 5 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 5)

SupplierAmount dueDue sinceReported on
Chemetall India Private Limited••••••••••••
an individual supplier••••••••••••
Insight Engineering Systems Private Limited••••••••••••
an individual supplier••••••••••••
Team Aviation (India) Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Aerospace Processing India Private Limited

Aerospace Processing India operates one associated brand: Aequs. Each brand links to its own profile.

BrandDescriptionWebsite
Aequs
Major auto components are manufactured and supplied by Aequs.aequs.com

Employees and EPFO Compliance at Aerospace Processing India Private Limited

Aerospace Processing India Private Limited has a workforce of 223 employees as of Apr 10, 2024.

Employee count
223
Active EPFO establishments
1
Employee growth
39.38%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Aerospace Processing India Private Limited

Aerospace Processing India Private Limited has 15 board changes on record since 2007: 4 appointments and 11 cessations. The latest: Dinesh Iyer was appointed as Nominee Director on 05 Jun 2023.

AGM
Aerospace Processing India Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Filing
Aerospace Processing India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 18 Nov 2023 with Charge ID 100824919 was modified on 23 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100824919 was registered on 18 Nov 2023.
Appointed
Dinesh Iyer was appointed as Nominee Director.
Ceased
Ravi Chudamani Guttal ceased to be Nominee Director.
Charges
A charge registered on 05 May 2015 via Charge ID 10570449 with Export Import Bank Of India was fully satisfied on 06 Oct 2022.
Ceased
Mohamed Bouzidi ceased to be Nominee Director.
Ceased
Arthur Walter Sirmans ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 4.50 Cr registered on 05 Jul 2018 with Charge ID 100193867 was modified on 11 Nov 2020.
Appointed
Phillip Campion Underwood was appointed as Nominee Director.
Ceased
Shawn David Smith ceased to be Nominee Director.

24 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Aerospace Processing India Private Limited

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Subsidiaries & Group Companies of Aerospace Processing India Private Limited

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Corporate group structure

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GST Compliance of Aerospace Processing India Private Limited

Aerospace Processing India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCA3931P1Z7KarnatakaActive01 Jul 2017
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MCA Filings & Documents of Aerospace Processing India Private Limited

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MCA filings and documents

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Frequently Asked Questions about Aerospace Processing India Private Limited

Aerospace Processing India is an active private limited company based in Belgaum, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 02 July 2007 (19+ years old) and is registered under CIN U35303KA2007PTC043311.

Aerospace Processing India reported revenue of ₹66.18 Cr for FY 2025 (up 21% YoY).

Aerospace Processing India has 4 current directors:

Aerospace Processing India reported a net profit of ₹12.15 Cr (net margin 18.4%) and EBITDA of ₹23.98 Cr (EBITDA margin 36.2%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Aerospace Processing India is 32% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Aerospace Processing India is 29AAGCA3931P1Z7, registered in Karnataka.

The CIN (Corporate Identification Number) of Aerospace Processing India is U35303KA2007PTC043311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aerospace Processing India has 7 court cases on record: 3 filed by the company. 2 are pending. Most are in the district courts.

Aerospace Processing India was incorporated on 02 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.

Aerospace Processing India has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in January 2015.

The peers of Aerospace Processing India by revenue are Atharva Advanced Systems and Technologies Limited, Aidin Technologies Private Limited, Dassault Reliance Aerospace Limited, Sita Ips India Private Limited, Dynamatic Manufacturing Limited and 5 more, all in the Aviation industry (Aerospace, Aircraft and Components Manufacturing).

Dinesh Iyer was appointed as Nominee Director on 05 Jun 2023. Ravi Chudamani Guttal ceased to be Nominee Director on 05 Jun 2023. Mohamed Bouzidi ceased to be Nominee Director on 22 Sep 2022. Aerospace Processing India has 15 board changes on record in total.

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