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Ajintha Industries Private Limited - energy and power in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.34 Cr
▲ 63% YoY
Net profit · FY 2025
₹1.22 Cr
Net margin 7.5%
EBITDA · FY 2025
₹1.6 Cr
EBITDA margin 9.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5.6 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
2
Provident fund records
About Ajintha Industries Private Limited
Data last updated:
Ajintha Industries Private Limited is a private limited company based in Aurangabad, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power epc segment of the energy and power sector. It was incorporated on 18 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2017PTC289711. Its GSTIN is 27AAPCA1645R1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veerendra Gurulingappa Mangalge and Mahendra Gurulingappa Mangalge.
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. D – 108 Shendra MIDC, Aurangabad, Maharashtra, India – 431154.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.34 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Cr (net margin 7.5%) and EBITDA of ₹1.6 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 34% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ajintha Industries. As per MCA filings, the company has open charges of ₹5.6 Cr on record.
Ajintha Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0011115). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajinthaindustries.com.
Company Details of Ajintha Industries Private Limited
CIN U29309MH2017PTC289711
Registration Number 289711
Incorporation Date 18 January 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-04-0011115
Recognitions & Rankings of Ajintha Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-04-0011115
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. D – 108 Shendra MIDC, Aurangabad, Maharashtra, India – 431154
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
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Associated Brands with Ajintha Industries Private Limited
Ajintha Industries operates one associated brand: Ajintha Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of solar panels and electrical switch gears is conducted in India. | ajinthaindustries.com |
Business Activity of Ajintha Industries Private Limited
The main business activity of Ajintha Industries is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Ajintha Industries Private Limited FY 2025 filings available
Ajintha Industries Private Limited reported revenue of ₹16.34 Cr (up 63% YoY) for FY 2025.
Revenue · FY 2025
₹16.34 Cr ▲ 63%
Net profit · FY 2025
₹1.22 Cr margin 7.5%
EBITDA · FY 2025
₹1.6 Cr margin 9.8%
Compounded Annual Growth Rate (CAGR) of Ajintha Industries Private Limited
Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 55%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 152%
3 years · compounded
▲ 108%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 63% growth in the latest year. EBITDA rose 152% 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 Ajintha Industries Private Limited
| 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 | ₹1.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.22 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 Ajintha Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.5% | •••• | •••• | •••• | •••• |
| 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 Ajintha Industries are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Ajintha Industries Private Limited
Ajintha Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerendra Gurulingappa Mangalge Also directs: Snehankur Foundation, Lingayat Sharan Foundation | Director | 18 Jan 2017 | 9 Years 9 Months | Current |
| Mahendra Gurulingappa Mangalge | Director | 02 Feb 2024 | 2 Years 8 Months | Current |
Peer Comparison of Ajintha Industries Private Limited
Ajintha Industries Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aericon Power Private Limited | ₹16.5 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Morbi, Gujarat, India |
| Eco Mitra Solar Private Limited | ₹16.45 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Saini Heavy Electrical and Engineering Company Private Limited | ₹16.44 Cr (FY 2023) | •••• | •••• | 73.0% | •••• | Mumbai, Maharashtra, India |
| Sarthak Components Private Limited | ₹16.42 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Kolkata, West Bengal, India |
| Skaleup Energy Solutions Private Limited | ₹16.39 Cr (FY 2024) | •••• | •••• | 263.0% | •••• | Aurangabad, Maharashtra, India |
| Ajintha Industries Private Limited this company | ₹16.34 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Aurangabad, Maharashtra, India |
| Solartech Saarthi Private Limited | ₹16.34 Cr (FY 2025) | •••• | •••• | 111.0% | •••• | New Delhi, Delhi, India |
| Visalam Energy Solutions Private Limited | ₹16.25 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Chennai, Tamil Nadu, India |
| Ihpc Power Solutions Private Limited | ₹16.2 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Chennai, Tamil Nadu, India |
| Arraycom (India) Limited | ₹16.2 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Gandhinagar, Gujarat, India |
| Prabhat Powertech Private Limited | ₹16.19 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ajintha Industries by revenue in the Power industry (EPC, BoP and BTG), 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 Ajintha Industries Private Limited
Ajintha Industries Private Limited is audited by VISHWAS SOMVANSHI AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHWAS SOMVANSHI AND ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ajintha Industries Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Ajintha Industries Private Limited
Open charges
₹5.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2025 | Others | ₹1 Cr | Open |
| 19 Mar 2025 | Others | ₹3.6 Cr | Open |
| 07 Dec 2023 | Others | ₹1 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Ajintha Industries Private Limited
Ajintha Industries Private Limited has a workforce of 2 employees as of Apr 09, 2024.
Employee count
2
Active EPFO establishments
1
Employee growth
-50%
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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 Ajintha Industries Private Limited
Ajintha Industries Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Mahendra Gurulingappa Mangalge was appointed as Director on 02 Feb 2024.
AGM
Ajintha Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ajintha Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101084445 was registered on 19 Mar 2025.
Charges
A charge with Others amounted to Rs. 360.00 Lakh with Charge ID 101084453 was registered on 19 Mar 2025.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 07 Dec 2023 with Charge ID 100829365 was modified on 25 Oct 2024.
Appointed
Mahendra Gurulingappa Mangalge was appointed as Director.
Ceased
Manisha Guruling Panchakshari ceased to be Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100829365 was registered on 07 Dec 2023.
Appointed
Manisha Guruling Panchakshari was appointed as Director.
Appointed
Veerendra Gurulingappa Mangalge was appointed as Director.
Incorporation
18 Jan 2017
Ajintha Industries Private Limited was registered on 18 Jan 2017 with Roc Mumbai Ii & aged 9 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ajintha Industries Private Limited
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MSME Payment Delays by Ajintha Industries Private Limited
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Subsidiaries & Group Companies of Ajintha Industries Private Limited
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Corporate group structure
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GST Compliance of Ajintha Industries Private Limited
Ajintha Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA1645R1ZZ | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ajintha Industries Private Limited
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Frequently Asked Questions about Ajintha Industries Private Limited
Ajintha Industries is an active private limited company based in Aurangabad, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 18 January 2017 (9+ years old) and is registered under CIN U29309MH2017PTC289711.
Ajintha Industries reported revenue of ₹16.34 Cr for FY 2025 (up 63% YoY).
Ajintha Industries has 2 current directors:
- Veerendra Gurulingappa Mangalge - Director
- Mahendra Gurulingappa Mangalge - Director
Ajintha Industries reported a net profit of ₹1.22 Cr (net margin 7.5%) and EBITDA of ₹1.6 Cr (EBITDA margin 9.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ajintha Industries is 55% over three years and 34% over five years. In the latest year (FY 2025) revenue rose 63%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ajintha Industries is 27AAPCA1645R1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ajintha Industries is U29309MH2017PTC289711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajintha Industries was incorporated on 18 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ajintha Industries by revenue are Aericon Power Private Limited, Eco Mitra Solar Private Limited, Saini Heavy Electrical and Engineering Company Private Limited, Sarthak Components Private Limited, Skaleup Energy Solutions Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Mahendra Gurulingappa Mangalge was appointed as Director on 02 Feb 2024. Manisha Guruling Panchakshari ceased to be Director on 01 Feb 2024. Manisha Guruling Panchakshari was appointed as Director on 18 Jan 2017. Ajintha Industries has 4 board changes on record in total.
Yes, Ajintha Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).