MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-17-0000412
Altis Industries Private Limited - engineering in Pithampur, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹205.53 Cr
▲ 12% YoY
Net profit · FY 2025
₹5.1 Cr
Net margin 2.5%
EBITDA · FY 2025
₹15.95 Cr
EBITDA margin 7.8%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.6 Cr
Issued & subscribed
Open charges
₹72.69 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
198
Provident fund records
About Altis Industries Private Limited
Data last updated:
Altis Industries Private Limited is a private limited company based in Pithampur, Madhya Pradesh, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 20 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29253MP2009PTC021646. Its GSTIN is 23AAHCA6015F1Z6 (Madhya Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.6 Cr. It was formerly known as Altis Weighing Systems Private Limited. It is led by directors including Koshal Kataria (Managing Director) and Palash Baxi (Managing Director).
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 Plot No. Br – 04 Sector – 5, Pithampur, Madhya Pradesh, India – 454775.
As per the financials filed for FY 2025, the company reported a revenue of ₹205.53 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.1 Cr (net margin 2.5%) and EBITDA of ₹15.95 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 41% over five years.
The company has about 198 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Altis Industries. As per MCA filings, the company has open charges of ₹72.69 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Altis Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0000412). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altis.in.
Company details
CIN U29253MP2009PTC021646
Registration Number 021646
Incorporation Date 20 February 2009
ROC Gwalior
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 Medium
Udyam Registration UDYAM-MP-17-0000412
Key People
Koshal Kataria Managing Director Palash Baxi Managing Director Vishal Khasgiwala Managing Director Recognitions & Rankings of Altis Industries
Contact details
Altis Industries Private Limited's registered office is in Pithampur, Madhya Pradesh. Its website is altis.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. Br – 04 Sector – 5, Pithampur, Madhya Pradesh, India – 454775
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Altis Industries Private Limited, buy the company report.
Comprehensive company report
Altis Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Altis Industries operates one associated brand: Altis Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pre-engineered building solutions and steel fabrication services in Central India. | altis.in |
Business activity
The main business activities of Altis Industries are manufacturing and construction. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and demolition & site preparation, electrical, plumbing & other specialized construction activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Altis Industries Private Limited, buy the company report.
Financials of Altis Industries Private Limited
FY 2024 filings availableAltis Industries Private Limited reported revenue of ₹205.53 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹205.53 Cr ▲ 12%
Net profit · FY 2025
₹5.1 Cr margin 2.5%
EBITDA · FY 2025
₹15.95 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 30%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 17%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 12% growth in the latest year. EBITDA rose 26% 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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| Total Expenses | |||||
| EBITDA | ₹15.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.1 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Altis Industries Private Limited, buy the company report.
Board of directors of Altis Industries Private Limited
Altis Industries has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koshal Kataria | Managing Director | 24 Jan 2017 | 9 Years 9 Months | Current |
| Palash Baxi Also directs: Apost Alchemists Private Limited | Managing Director | 24 Jan 2017 | 9 Years 9 Months | Current |
| Vishal Khasgiwala | Managing Director | 20 Feb 2009 | 17 Years 8 Months | Current |
| Anil Khasgiwala | Director | 24 Jan 2017 | 9 Years 9 Months | Current |
| Manoj Kataria Also directs: Appalto Electronics Private Limited, Appalto Foundation | Director | 20 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Altis Industries Private Limited is audited by M. MEHTA & COMPANY for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. MEHTA & COMPANY | FY 2024 | 000957C |
Shareholding
The shareholding of Altis Industries Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Altis Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹72.69 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101190718 | Others | ₹64.02 Lakh | Open | |
| 06 Dec 2024 | 101018982 | Others | ₹38.89 Lakh | Open | |
| 28 Nov 2024 | 101033164 | Others | ₹6.7 Cr | Open | |
| 17 Aug 2023 | 100776618 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 12 Jul 2022 | 100599041 | Others | ₹12.5 Cr | Open |
To see the full charge records of Altis Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Altis Industries Private Limited has 2 court cases on record: 2 filed by Altis Industries. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against an individual | Disposed |
To see the full case history of Altis Industries 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
Altis Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Altis Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Altis Industries Private Limited has a workforce of 166 employees on its EPFO records as of Feb 26, 2025, across 1 active EPFO establishment.
Employee count
166
Active EPFO establishments
1
Employee growth
32.8%
GST
Altis Industries has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCA6015F1Z6 | Madhya Pradesh | Active | 17 Aug 2017 |
| 27AAHCA6015F1ZY | Maharashtra | Active | 25 May 2023 |
| 24AAHCA6015F1Z4 | Gujarat | Active | 24 Jul 2024 |
To see the full GST registrations and return filing status of Altis Industries Private Limited, buy the company report.
Recent activity
Altis Industries Private Limited has 10 board changes on record since 2009: 5 appointments and 5 cessations. The latest: Anil Khasgiwala ceased to be Managing Director on 01 Apr 2021.
Charges
A charge with Others of Rs. 6.70 Cr registered on 28 Nov 2024 with Charge ID 101033164 was modified on 17 Nov 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 17 Aug 2023 with Charge ID 100776618 was modified on 17 Nov 2025.
Charges
A charge with Others of Rs. 12.50 Cr registered on 12 Jul 2022 with Charge ID 100599041 was modified on 17 Nov 2025.
Charges
A charge with Others of Rs. 1.68 Cr registered on 23 Feb 2022 with Charge ID 100552565 was modified on 17 Nov 2025.
Charges
A charge with Others of Rs. 4.00 Cr registered on 24 Sep 2020 with Charge ID 100372094 was modified on 17 Nov 2025.
Charges
A charge with Others of Rs. 25.49 Cr registered on 27 Mar 2018 with Charge ID 100191001 was modified on 17 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.64 Cr with Charge ID 101190718 was registered on 29 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 101018982 was registered on 06 Dec 2024.
Charges
A charge with Others amounted to Rs. 6.70 Cr with Charge ID 101033164 was registered on 28 Nov 2024.
AGM
Altis Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Altis Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100776618 was registered on 17 Aug 2023.
16 earlier events are in the company report.
Frequently asked questions
Altis Industries is an active private limited company based in Pithampur, Madhya Pradesh, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 20 February 2009 (17+ years old) and is registered under CIN U29253MP2009PTC021646.
Altis Industries has 5 current directors:
- Koshal Kataria - Managing Director
- Palash Baxi - Managing Director
- Vishal Khasgiwala - Managing Director
- Anil Khasgiwala - Director
- Manoj Kataria - Director
The latest financial statements of Altis Industries 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 Altis Industries is 23AAHCA6015F1Z6, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAHCA6015F1ZY (Maharashtra), 24AAHCA6015F1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Altis Industries is U29253MP2009PTC021646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altis Industries has 2 court cases on record: 2 filed by the company. 1 is pending.
Altis Industries was incorporated on 20 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
Anil Khasgiwala ceased to be Managing Director on 01 Apr 2021. Palash Baxi ceased to be Whole-Time Director on 01 Apr 2021. Koshal Kataria ceased to be Whole-Time Director on 01 Apr 2019. Altis Industries has 10 board changes on record in total.
Yes, Altis Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-17-0000412).
Altis Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Altis Industries can be reached through the website altis.in. Its registered office is in Pithampur, Madhya Pradesh, India.