Almec Machining Solutions Private Limited

Almec Machining Solutions Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U29253PN2015PTC154064 Incorporated 18 February 2015 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹4.23 Cr
▲ 26% YoY
Net profit · FY 2024
₹13.02 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹73.08 Lakh
EBITDA margin 17.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Open charges
₹95.86 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
12
Provident fund records

About Almec Machining Solutions Private Limited

Data last updated:

Almec Machining Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 18 February 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29253PN2015PTC154064. Its GSTIN is 27AANCA2436L1ZE (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors Sachin Lalasaheb Jagtap and Shrikant Lalasaheb Jagtap.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.23 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹13.02 Lakh (net margin 3.1%) and EBITDA of ₹73.08 Lakh (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 19% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹95.86 Lakh on record. Court records list 7 cases involving the company, including 7 filed against it; 6 cases are pending.

Almec Machining Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0052815). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website almecindia.com.

Company details

CIN U29253PN2015PTC154064
Registration Number 154064
Incorporation Date 18 February 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0052815

Recognitions & Rankings of Almec Machining Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0052815

Contact details

Almec Machining Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is almecindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No 504 Sai Residency, Sector No 7 Plot No 84/1 Indrayani Nagar Bhosari, Pune, Maharashtra, India – 411026
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Almec Machining Solutions Private Limited, buy the company report.

Comprehensive company report
Almec Machining Solutions 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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Business activity

The main business activity of Almec Machining Solutions is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC12Repair & installation of machinery & equipment, motor vehicles

To see the full business activity and turnover split of Almec Machining Solutions Private Limited, buy the company report.

Financials of Almec Machining Solutions Private Limited

FY 2024 filings available

Almec Machining Solutions Private Limited reported revenue of ₹4.23 Cr (up 26% YoY) for FY 2024.

Revenue · FY 2024
₹4.23 Cr ▲ 26%
Net profit · FY 2024
₹13.02 Lakh margin 3.1%
EBITDA · FY 2024
₹73.08 Lakh margin 17.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 26%
5 years · compounded
▲ 19%
EBITDA CAGR growth
3 years · compounded
▲ 13%
5 years · compounded
▲ 35%

Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 26% growth 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹73.08 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.02 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin17.3%
Net Profit Margin3.1%
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 Almec Machining Solutions Private Limited, buy the company report.

Board of directors of Almec Machining Solutions Private Limited

Almec Machining Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sachin Lalasaheb JagtapDirector01 Oct 20233 Years 0 MonthsCurrent
Shrikant Lalasaheb JagtapDirector18 Feb 201511 Years 8 MonthsCurrent

Auditor

Almec Machining Solutions Private Limited is audited by RAJENDRA EKBOTE & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAJENDRA EKBOTE & ASSOCIATESFY 2023142476W

Shareholding

The shareholding of Almec Machining Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Almec Machining Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹95.86 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Sep 2020100377892Others₹29.2 LakhOpen
31 Jan 2020100326330Others₹38.66 LakhOpen
26 Mar 2018100163598Others₹28 LakhOpen

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Almec Machining Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Almec Machining Solutions Private Limited has a workforce of 12 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
20%

GST

Almec Machining Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AANCA2436L1ZEMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Almec Machining Solutions Private Limited, buy the company report.

Recent activity

Almec Machining Solutions Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Sachin Lalasaheb Jagtap ceased to be Additional Director on 29 Sep 2024.

AGM
Almec Machining Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Sachin Lalasaheb Jagtap ceased to be Additional Director.
Filing
Almec Machining Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Rajesh Dnyaneshwar Chavan ceased to be Director.
Appointed
Sachin Lalasaheb Jagtap was appointed as Director.
Ceased
Ravindra Raghunath Kadam ceased to be Director.
Charges
A charge with Others amounted to Rs. 29.20 Lakh with Charge ID 100377892 was registered on 28 Sep 2020.
Charges
A charge with Others amounted to Rs. 38.66 Lakh with Charge ID 100326330 was registered on 31 Jan 2020.
Charges
A charge with Others amounted to Rs. 28.00 Lakh with Charge ID 100163598 was registered on 26 Mar 2018.
Ceased
Rajeshree Rajesh Chavan ceased to be Director.
Ceased
Swagati Ravindra Kadam ceased to be Director.
Ceased
Santosh Prabhakarrao Kulkarni ceased to be Director.

2 earlier events are in the company report.

Frequently asked questions

Almec Machining Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 18 February 2015 (11+ years old) and is registered under CIN U29253PN2015PTC154064.

Almec Machining Solutions has 2 current directors:

The latest financial statements of Almec Machining Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Almec Machining Solutions is 27AANCA2436L1ZE, registered in Maharashtra.

The CIN (Corporate Identification Number) of Almec Machining Solutions is U29253PN2015PTC154064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Almec Machining Solutions has 7 court cases on record: 7 filed against it. 6 are pending.

Almec Machining Solutions was incorporated on 18 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.

Sachin Lalasaheb Jagtap ceased to be Additional Director on 29 Sep 2024. Rajesh Dnyaneshwar Chavan ceased to be Director on 04 Oct 2023. Sachin Lalasaheb Jagtap was appointed as Director on 01 Oct 2023. Almec Machining Solutions has 8 board changes on record in total.

Yes, Almec Machining Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0052815).

Almec Machining Solutions can be reached through the website almecindia.com. Its registered office is in Pune, Maharashtra, India.