- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0052815

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
Recognitions & Rankings of Almec Machining Solutions
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
- Website
- Registered AddressFlat No 504 Sai Residency, Sector No 7 Plot No 84/1 Indrayani Nagar Bhosari, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Almec Machining Solutions 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & 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 availableAlmec Machining Solutions Private Limited reported revenue of ₹4.23 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹73.08 Lakh | ||||
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| Net Profit (PAT) | ₹13.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 17.3% | ||||
| Net Profit Margin | 3.1% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Lalasaheb Jagtap | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
| Shrikant Lalasaheb Jagtap | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Almec Machining Solutions Private Limited is audited by RAJENDRA EKBOTE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA EKBOTE & ASSOCIATES | FY 2023 | 142476W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2020 | 100377892 | Others | ₹29.2 Lakh | Open | |
| 31 Jan 2020 | 100326330 | Others | ₹38.66 Lakh | Open | |
| 26 Mar 2018 | 100163598 | Others | ₹28 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Almec Machining Solutions Private Limited has 7 court cases on record: 7 filed against it. 6 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 6 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Cholamandalam Investment and Finance Company Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Kisetsu Saison Finance India Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Cholamandalam Investment and Finance Company Limited Through Its Ar Vaibhav Mahadeo Kale | Pending |
To see the full case history of Almec Machining Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
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.
GST
Almec Machining Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA2436L1ZE | Maharashtra | Active | 01 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.
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:
- Sachin Lalasaheb Jagtap - Director
- Shrikant Lalasaheb Jagtap - Director
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.