MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GA-01-0012644
Airtech Composite Materials India Private Limited - plastics in Salcete, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹35.18 Cr
▲ 4033% YoY
Net loss · FY 2026
₹7.95 Cr
Net margin -22.6%
EBITDA · FY 2026
₹5.66 Cr
EBITDA margin 16.1%
Authorised capital
₹90.25 Cr
Registered with MCA
Paid-up capital
₹90.15 Cr
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Airtech Composite Materials India Private Limited
Data last updated:
Airtech Composite Materials India Private Limited is a foreign private limited company based in Salcete, Goa, India, a subsidiary of Airtech Advanced Materials Uk Ltd(Formerly Tygavac Advanced Materials Ltd). It operates in the manufacturing segment of the plastics and polymers sector. It was incorporated on 17 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U25209GA2021FTC015032. Its GSTIN is 30AAWCA1262B1Z5 (Goa).
The company has an authorised share capital of ₹90.25 Cr and a paid-up capital of ₹90.15 Cr. It is led by directors Kerry Ann Lee and Kapil Anil Borkar.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No 258 / 1 – G, Verna Industrial Estate Arealoutolim Salcete Taluka Goa – 403718., Goa, India – 403718.
As per the financials filed for FY 2026, the company reported a revenue of ₹35.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.95 Cr (net margin -22.6%) and EBITDA of ₹5.66 Cr (EBITDA margin 16.1%).
As per MCA filings, the company has open charges of ₹1 Cr on record.
Airtech Composite Materials India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GA-01-0012644). For more details, the company can be reached via its website airtech.com.
Company details
CIN U25209GA2021FTC015032
Registration Number 015032
Incorporation Date 17 November 2021
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Airtech Advanced Materials Uk Ltd(Formerly Tygavac Advanced Materials Ltd)
MSME Classification MSME
Udyam Registration UDYAM-GA-01-0012644
Key People
Kerry Ann Lee Director Kapil Anil Borkar Director Recognitions & Rankings of Airtech Composite Materials India
Contact details
Airtech Composite Materials India Private Limited's registered office is in Salcete, Goa. Its website is airtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No 258 / 1 – G, Verna Industrial Estate Arealoutolim Salcete Taluka Goa – 403718., Goa, India – 403718
- IndustryPlastics, Manufacturing, Tank, Plastic, Pvc, Synthetic
To see the full contact details of Airtech Composite Materials India Private Limited, buy the company report.
Comprehensive company report
Airtech Composite Materials 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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Secure checkout · GST invoice included
Business activity
The main business activity of Airtech Composite Materials India is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Airtech Composite Materials India Private Limited, buy the company report.
Financials of Airtech Composite Materials India Private Limited
FY 2025 filings availableAirtech Composite Materials India Private Limited reported revenue of ₹35.18 Cr (up 4033% YoY) for FY 2026.
Revenue · FY 2026
₹35.18 Cr ▲ 4033%
Net loss · FY 2026
₹7.95 Cr margin -22.6%
EBITDA · FY 2026
₹5.66 Cr margin 16.1%
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹5.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.95 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | -22.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Airtech Composite Materials India Private Limited, buy the company report.
Board of directors of Airtech Composite Materials India Private Limited
Airtech Composite Materials India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kerry Ann Lee | Director | 17 Nov 2021 | 4 Years 11 Months | Current |
| Kapil Anil Borkar | Director | 17 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Airtech Composite Materials India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Airtech Composite Materials India Private Limitedthis company | ₹35.18 Cr (FY 2026) | -₹7.95 Cr | -22.6% | 4033.0% | Salcete, Goa, India | |
| Opacus Agro Paradise Private Limited | ₹85.95 Lakh (FY 2025) | -36.0% | Faridabad, Haryana, India | |||
| Al Tech Sealing Solution India Private Limited | ₹85.94 Lakh (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| Kunjbihari Engineers Private Limited | ₹85.67 Lakh (FY 2025) | 7.0% | Delhi, India | |||
| Zimmer Construction Private Limited | ₹85.55 Lakh (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| Khimjibhai Mills Private Limited | ₹85.48 Lakh (FY 2025) | 12.0% | Belgaum, Karnataka, India | |||
| Anantaa GSK Ijbelectric Private Limited | ₹85.06 Lakh (FY 2024) | 2349.0% | Delhi, India | |||
| Brass Bronze and Copper Cast India Private Limited | ₹84.98 Lakh (FY 2025) | 10.0% | Karnataka, India | |||
| Aag Engineering Technologies Private Limited | ₹84.93 Lakh (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Cassius Clay Private Limited | ₹84.89 Lakh (FY 2024) | 112.0% | Pune, Maharashtra, India | |||
| Bhise Ceramics P Ltd | ₹84.46 Lakh (FY 2025) | 29.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Airtech Composite Materials India Private Limited, buy the company report.
Auditor
Airtech Composite Materials India Private Limited is audited by Sharp & Tannan Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharp & Tannan Chartered Accountants | FY 2023 | 109982W |
Shareholding
The shareholding of Airtech Composite Materials India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Airtech Composite Materials India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2023 | 100835957 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Airtech Composite Materials 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 Airtech Composite Materials India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Airtech Composite Materials India Private Limited has 1 active EPFO establishment as of Mar 26, 2024.
Active EPFO establishments
1
GST
Airtech Composite Materials India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAWCA1262B1Z5 | Goa | Active | 26 Aug 2022 |
To see the full GST registrations and return filing status of Airtech Composite Materials India Private Limited, buy the company report.
Recent activity
Airtech Composite Materials India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Kapil Anil Borkar was appointed as Director on 17 Nov 2021.
AGM
Airtech Composite Materials India Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Airtech Composite Materials India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 Cr with Charge ID 100835957 was registered on 09 Dec 2023.
Appointed
Kapil Anil Borkar was appointed as Director.
Appointed
Kerry Ann Lee was appointed as Director.
Incorporation
17 Nov 2021
Airtech Composite Materials India Private Limited was registered on 17 Nov 2021 with Roc Goa & aged 4 years 11 months as per MCA records.
Frequently asked questions
Airtech Composite Materials India is an active foreign private limited company based in Salcete, Goa, India. The company works in manufacturing, within the plastics industry. It was incorporated on 17 November 2021 (5+ years old) and is registered under CIN U25209GA2021FTC015032.
Airtech Composite Materials India has 2 current directors:
- Kerry Ann Lee - Director
- Kapil Anil Borkar - Director
The latest financial statements of Airtech Composite Materials India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Airtech Composite Materials India is 30AAWCA1262B1Z5, registered in Goa.
The CIN (Corporate Identification Number) of Airtech Composite Materials India is U25209GA2021FTC015032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airtech Composite Materials India was incorporated on 17 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Airtech Composite Materials India by revenue are Opacus Agro Paradise Private Limited, Al Tech Sealing Solution India Private Limited, Kunjbihari Engineers Private Limited, Zimmer Construction Private Limited, Khimjibhai Mills Private Limited and 5 more, all in the same principal business activity (other manufacturing).
Kapil Anil Borkar was appointed as Director on 17 Nov 2021. Kerry Ann Lee was appointed as Director on 17 Nov 2021.
Yes, Airtech Composite Materials India is registered as an MSME under Udyam registration (number: UDYAM-GA-01-0012644).
Airtech Composite Materials India can be reached through the website airtech.com. Its registered office is in Salcete, Goa, India.
The registered office of Airtech Composite Materials India is at Survey No 258 1 – G, Verna Industrial Estate Arealoutolim Salcete Taluka Goa – 403718., Goa, India – 403718.