About Ajaco Engineering Products Pvt Ltd
Data last updated:
Ajaco Engineering Products Pvt Ltd is a private limited company based in Punjab, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 23 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29212PB1989PTC009347. Its GSTIN is 03AACCA8333P1ZJ (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.98 Lakh. It is led by directors Kulbir Singh and Jagdev Singh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at G T Roadgoraya Jalandhar, Punjab, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹34.4 Lakh, a growth of 60% compared to the previous year. For the same year it recorded a net loss of ₹66,404 (net margin -1.9%) and EBITDA of ₹95,855 (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over five years.
The company is associated with 1 brand: Ajaco Engineering Products. As per MCA filings, the company has open charges of ₹28 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajacoengg.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressG T Roadgoraya Jalandhar, Punjab, India
- IndustryAgriculture, Agri Machinery & Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Ajaco Engineering Products Pvt Ltd
The main business activity of Ajaco Engineering Products is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ajaco Engineering Products Pvt Ltd FY 2022 filings available
Ajaco Engineering Products Pvt Ltd reported revenue of ₹34.4 Lakh (up 60% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Ajaco Engineering Products Pvt Ltd
Revenue rose 60% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 29% 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 Ajaco Engineering Products Pvt Ltd
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹34.4 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹95,855 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹66,404 | •••• | •••• | •••• | •••• |
| 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 Ajaco Engineering Products Pvt Ltd
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• | •••• | •••• |
| 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 Ajaco Engineering Products are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ajaco Engineering Products Pvt Ltd
Ajaco Engineering Products Pvt Ltd is audited by DINESH MITTAL & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DINESH MITTAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ajaco Engineering Products Pvt Ltd
Ajaco Engineering Products has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulbir Singh | Director | 23 May 1989 | 37 Years 4 Months | Current |
| Jagdev Singh | Director | 23 May 1989 | 37 Years 4 Months | Current |
Ownership and Shareholding of Ajaco Engineering Products Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ajaco Engineering Products Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2004 | Oriental Bank of Commerce | ₹28 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Ajaco Engineering Products Pvt Ltd
Ajaco Engineering Products operates one associated brand: Ajaco Engineering Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures Harvesters and hydraulic equipment. | ajacoengg.com |
Employees and EPFO Compliance at Ajaco Engineering Products Pvt Ltd
Employment history and EPFO contributions of people linked to Ajaco Engineering Products.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ajaco Engineering Products Pvt Ltd
Ajaco Engineering Products Pvt Ltd has 3 board changes on record since 1989: 2 appointments and 1 cessation. The latest: Harbhajan Singh ceased to be Director on 15 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ajaco Engineering Products Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ajaco Engineering Products Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ajaco Engineering Products Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ajaco Engineering Products Pvt Ltd
Ajaco Engineering Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCA8333P1ZJ | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ajaco Engineering Products Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ajaco Engineering Products Pvt Ltd
Ajaco Engineering Products is an active private limited company based in Punjab, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 23 May 1989 (37+ years old) and is registered under CIN U29212PB1989PTC009347.
Ajaco Engineering Products reported revenue of ₹34.4 Lakh for FY 2020 (up 60% YoY).
Ajaco Engineering Products has 2 current directors:
- Kulbir Singh - Director
- Jagdev Singh - Director
Ajaco Engineering Products reported a net loss of ₹66,404 (net margin -1.9%) and EBITDA of ₹95,855 (EBITDA margin 2.8%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ajaco Engineering Products is -2% over five years. In the latest year (FY 2020) revenue rose 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ajaco Engineering Products is 03AACCA8333P1ZJ, registered in Punjab.
The CIN (Corporate Identification Number) of Ajaco Engineering Products is U29212PB1989PTC009347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajaco Engineering Products was incorporated on 23 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harbhajan Singh ceased to be Director on 15 May 2019. Jagdev Singh was appointed as Director on 23 May 1989. Kulbir Singh was appointed as Director on 23 May 1989.
Ajaco Engineering Products can be reached through the website ajacoengg.com. Its registered office is in Punjab, India.