About Akash Precision Components Private Limited
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Akash Precision Components Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 06 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2006PTC021799. Its GSTIN is 27AAFCA6294A1ZT (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹61 Lakh. It is led by directors including Shrikrishna Laxmikant Joshi (Managing Director) and Onkar Shrikrishna Joshi.
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. B – 39 MIDC Ahmednagar – 414 111, Maharashtra, India – 414111.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.72 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹78.81 Lakh (net margin 2.4%) and EBITDA of ₹2.38 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 10% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Akash Precision Components. As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹50 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 akashprecision.com.
Company details
Contact details
Akash Precision Components Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is akashprecision.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. B – 39 MIDC Ahmednagar – 414 111, Maharashtra, India – 414111
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Akash Precision Components 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
Akash Precision Components operates one associated brand: Akash Precision Components. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces electrical sub-assemblies, motors, pumps and precision machined components. | akashprecision.com |
Business activity
The main business activity of Akash Precision Components is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Akash Precision Components Private Limited, buy the company report.
Financials of Akash Precision Components Private Limited
FY 2025 filings availableAkash Precision Components Private Limited reported revenue of ₹32.72 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 64% 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 |
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| EBITDA | ₹2.38 Cr | ||||
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| Net Profit (PAT) | ₹78.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Akash Precision Components Private Limited, buy the company report.
Board of directors of Akash Precision Components Private Limited
Akash Precision Components has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Onkar Shrikrishna Joshi | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
| Ankita Shrikrishna Joshi | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
| Shrikrishna Laxmikant Joshi Also directs: Septem Realty LLP | Managing Director | 06 Jan 2006 | 20 Years 10 Months | Current |
| Akash Shrikrishna Joshi | Director | 15 Mar 2013 | 13 Years 7 Months | Current |
Auditor
Akash Precision Components Private Limited is audited by R V JOSHI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R V JOSHI & ASSOCIATES | FY 2022 | 114418W |
Shareholding
The shareholding of Akash Precision Components 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akash Precision Components Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2025 | 101167924 | Others | ₹1 Cr | Open | |
| 22 Oct 2024 | 100991820 | Others | ₹14.25 Lakh | Open | |
| 30 Mar 2022 | 100560946 | Others | ₹36 Lakh | Open | |
| 30 Dec 2006 | 10031013 | Others | ₹6 Cr | Open | |
| 10 Dec 2010 | 10262792 | Bank of Baroda | ₹50 Lakh | Satisfied |
To see the full charge records of Akash Precision Components Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Akash Precision Components 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
Akash Precision Components Private Limited has 2 MSME Form 1 returns on record between 2020 and 2022, listing 108 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S. N. Heat Treatment Private Limited | |||
| Eetamax Energy Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Amod Industries |
To see the full MSME payment records of Akash Precision Components Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Akash Precision Components Private Limited has a workforce of 6 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Akash Precision Components Private Limited, buy the company report.
GST
Akash Precision Components has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA6294A1ZT | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCA6294A1ZP | Karnataka | Active | 01 Jul 2017 |
| 33AAFCA6294A1Z0 | Tamil Nadu | Active | 02 Mar 2022 |
To see the full GST registrations and return filing status of Akash Precision Components Private Limited, buy the company report.
Recent activity
Akash Precision Components Private Limited has 8 board changes on record since 2006: 4 appointments and 4 cessations. The latest: Shrikrishna Laxmikant Joshi ceased to be Director on 04 Jul 2022.
8 earlier events are in the company report.
Frequently asked questions
Akash Precision Components is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 06 January 2006 (20+ years old) and is registered under CIN U29299PN2006PTC021799.
Akash Precision Components has 4 current directors:
- Shrikrishna Laxmikant Joshi - Managing Director
- Onkar Shrikrishna Joshi - Director
- Ankita Shrikrishna Joshi - Director
- Akash Shrikrishna Joshi - Director
The latest financial statements of Akash Precision Components 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 Akash Precision Components is 27AAFCA6294A1ZT, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAFCA6294A1ZP (Karnataka), 33AAFCA6294A1Z0 (Tamil Nadu).
The CIN (Corporate Identification Number) of Akash Precision Components is U29299PN2006PTC021799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akash Precision Components was incorporated on 06 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Shrikrishna Laxmikant Joshi ceased to be Director on 04 Jul 2022. Ankita Shrikrishna Joshi ceased to be Director on 19 Mar 2022. Onkar Shrikrishna Joshi was appointed as Director on 15 Oct 2019. Akash Precision Components has 8 board changes on record in total.
Akash Precision Components has 2 MSME Form 1 returns on record between 2020 and 2022, listing 108 overdue payments to 20 micro and small suppliers. The latest return was filed on 25 Apr 2022.
Akash Precision Components can be reached through the website akashprecision.com. Its registered office is in Ahmednagar, Maharashtra, India.
The registered office of Akash Precision Components is at Plot No. B – 39 MIDC Ahmednagar – 414 111, Maharashtra, India – 414111.
Akash Precision Components operates in the machinery and equipment industry, in the industrial tools and components segment.
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