- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-01-0020682

About Ahmednagar Steels Private Limited
Data last updated:
Ahmednagar Steels Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN1990PTC057750. Its GSTIN is 27AABCA9290L1Z8 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Lata Ashok Bhagat and Vijay Annasaheb Bhagat.
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 Plot No A – 24 MIDC, Ahmednagar, Maharashtra, India – 414111.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.45 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.46 Cr (net margin 5.1%) and EBITDA of ₹2.38 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 26% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ahmednagar Steels. As per MCA filings, the company has open charges of ₹2.06 Cr on record.
Ahmednagar Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0020682). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ahmednagarsteels.com.
Company details
CIN history
Ahmednagar Steels has one previous CIN (Corporate Identification Number): U29299MH1990PTC057750. The current CIN is U29299PN1990PTC057750, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299PN1990PTC057750 | Current |
| U29299MH1990PTC057750 | Previous |
Recognitions & Rankings of Ahmednagar Steels
Contact details
Ahmednagar Steels Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is ahmednagarsteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No A – 24 MIDC, Ahmednagar, Maharashtra, India – 414111
- IndustryMachinery and Equipment, Material Handling & Storage Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Ahmednagar Steels Private Limited, buy the company report.
- 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
Brands
Ahmednagar Steels operates one associated brand: Ahmednagar Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial processing equipment for sugar, power, cement, and chemical industries. | ahmednagarsteels.com |
Business activity
The main business activity of Ahmednagar Steels 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 Ahmednagar Steels Private Limited, buy the company report.
Financials of Ahmednagar Steels Private Limited
FY 2025 filings availableAhmednagar Steels Private Limited reported revenue of ₹28.45 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 14% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.46 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 5.1% | ||||
| 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 Ahmednagar Steels Private Limited, buy the company report.
Board of directors of Ahmednagar Steels Private Limited
Ahmednagar Steels has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lata Ashok Bhagat Also directs: Aakar Infracon Developers Private Limited | Director | 26 Jul 2021 | 5 Years 3 Months | Current |
| Vijay Annasaheb Bhagat | Director | 25 Jun 2020 | 6 Years 4 Months | Current |
| Varun Ashok Bhagat Also directs: Aakar Infracon Developers Private Limited | Director | 25 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Ahmednagar Steels Private Limited is audited by T R ROHIDA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R ROHIDA AND COMPANY | FY 2023 | 147727 |
Shareholding
The shareholding of Ahmednagar Steels 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 Ahmednagar Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2009 | 10155919 | State Bank of India | ₹1.87 Cr | Open | |
| 27 Jan 1999 | 90088158 | State Bank of India | ₹6.85 Lakh | Open | |
| 27 Mar 1991 | 80030073 | State Bank of India | ₹12 Lakh | Open |
To see the full charge records of Ahmednagar Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ahmednagar Steels 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 Ahmednagar Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ahmednagar Steels Private Limited has a workforce of 13 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Ahmednagar Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA9290L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ahmednagar Steels Private Limited, buy the company report.
Recent activity
Ahmednagar Steels Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Lata Ashok Bhagat ceased to be Additional Director on 30 Nov 2021.
3 earlier events are in the company report.
Frequently asked questions
Ahmednagar Steels is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 17 August 1990 (36+ years old) and is registered under CIN U29299PN1990PTC057750.
Ahmednagar Steels has 3 current directors:
- Lata Ashok Bhagat - Director
- Vijay Annasaheb Bhagat - Director
- Varun Ashok Bhagat - Director
The latest financial statements of Ahmednagar Steels 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 2015 are in the company report.
The GSTIN of Ahmednagar Steels is 27AABCA9290L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ahmednagar Steels is U29299PN1990PTC057750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ahmednagar Steels was incorporated on 17 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
Lata Ashok Bhagat ceased to be Additional Director on 30 Nov 2021. Lata Ashok Bhagat was appointed as Director on 26 Jul 2021. Ashok Karbhari Bhagat ceased to be Director on 22 May 2021. Ahmednagar Steels has 8 board changes on record in total.
Yes, Ahmednagar Steels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-01-0020682).
Ahmednagar Steels can be reached through the website ahmednagarsteels.com. Its registered office is in Ahmednagar, Maharashtra, India.
The registered office of Ahmednagar Steels is at Plot No A – 24 MIDC, Ahmednagar, Maharashtra, India – 414111.