MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0003141
Amalgamated Industrial Composites Pvt Ltd - machinery and equipment in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.75 Cr
▲ 3% YoY
Net profit · FY 2024
₹17.17 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹1.15 Cr
EBITDA margin 11.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹4.9 Lakh
Issued & subscribed
Open charges
₹7.97 Cr
Satisfied ₹4.96 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
21
Provident fund records
About Amalgamated Industrial Composites Pvt Ltd
Data last updated:
Amalgamated Industrial Composites Pvt Ltd is a private limited company based in Nashik, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 January 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32201MH1980PTC458632. Its GSTIN is 27AABCA6406C1Z7 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹4.9 Lakh. It is led by directors Amit Pyarelal Maheshwary and Dushyant Pyarelal Maheshwary.
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 Pl No D – 51 MIDC, Ambad Nashik – 10, Maharashtra, India – 422010.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.75 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹17.17 Lakh (net margin 1.8%) and EBITDA of ₹1.15 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Amalgamated Industrial Composites and Amalgamated Industrial Composites Pvt Ltd. As per MCA filings, the company has open charges of ₹7.97 Cr and satisfied charges of ₹4.96 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.
Amalgamated Industrial Composites Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0003141). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aicomposites.com.
Company details
CIN U32201MH1980PTC458632
Registration Number 458632
Incorporation Date 17 January 1980
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
MSME Classification Small
Udyam Registration UDYAM-MH-23-0003141
CIN history
Amalgamated Industrial Composites has one previous CIN (Corporate Identification Number): U32201GJ1980PTC003620. The current CIN is U32201MH1980PTC458632, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32201MH1980PTC458632 | Current |
| U32201GJ1980PTC003620 | Previous |
Recognitions & Rankings of Amalgamated Industrial Composites
Contact details
Amalgamated Industrial Composites Pvt Ltd's registered office is in Nashik, Maharashtra. Its website is aicomposites.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPl No D – 51 MIDC, Ambad Nashik – 10, Maharashtra, India – 422010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Amalgamated Industrial Composites Pvt Ltd, buy the company report.
Comprehensive company report
Amalgamated Industrial Composites Pvt Ltd - 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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Brands
Amalgamated Industrial Composites operates two associated brands: Amalgamated Industrial Composites and Amalgamated Industrial Composites Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of FRP and composite products for industrial and energy sectors. | aicomposites.com | |
| Fuel cell components and innovative energy solutions are manufactured by Amalgamated Industrial Composites Pvt Ltd in India. | aicompositesfuelcells.net |
Business activity
The main business activity of Amalgamated Industrial Composites is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Amalgamated Industrial Composites Pvt Ltd, buy the company report.
Financials of Amalgamated Industrial Composites Pvt Ltd
FY 2025 filings availableAmalgamated Industrial Composites Pvt Ltd reported revenue of ₹9.75 Cr (up 3% YoY) for FY 2024.
Revenue · FY 2024
₹9.75 Cr ▲ 3%
Net profit · FY 2024
₹17.17 Lakh margin 1.8%
EBITDA · FY 2024
₹1.15 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 5%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 7%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 3% growth in the latest year. EBITDA rose 2% 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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| Total Expenses | |||||
| EBITDA | ₹1.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.17 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Amalgamated Industrial Composites Pvt Ltd, buy the company report.
Board of directors of Amalgamated Industrial Composites Pvt Ltd
Amalgamated Industrial Composites 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 |
|---|---|---|---|---|
| Amit Pyarelal Maheshwary | Director | 26 Mar 2005 | 21 Years 6 Months | Current |
| Dushyant Pyarelal Maheshwary | Director | 20 Jun 2005 | 21 Years 4 Months | Current |
Peer comparison
Amalgamated Industrial Composites Pvt Ltd is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaw Almex India Pvt.Ltd. | ₹9.77 Cr (FY 2025) | 42.0% | Kolkata, West Bengal, India | |||
| Kappati Bowl Mills Private Limited | ₹9.77 Cr (FY 2024) | 0.0% | Telangana, India | |||
| Amalgamated Industrial Composites Pvt Ltdthis company | ₹9.75 Cr (FY 2024) | ₹17.17 Lakh | 1.8% | 3.0% | 21 | Nashik, Maharashtra, India |
| Rhino Barrels and Organics Private Limited | ₹9.74 Cr (FY 2024) | -27.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Amalgamated Industrial Composites Pvt Ltd, buy the company report.
Auditor
Amalgamated Industrial Composites Pvt Ltd is audited by P R Maheshwari & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R Maheshwari & Associates | FY 2023 | 105849W |
Shareholding
The shareholding of Amalgamated Industrial Composites Pvt Ltd 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Amalgamated Industrial Composites Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹7.97 Cr
Satisfied charges
₹4.96 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2020 | 100338831 | Others | ₹7.97 Cr | Open | |
| 17 Jan 2006 | 80000948 | Others | ₹3.91 Cr | Satisfied | |
| 28 May 2003 | 90110570 | Punjab National Bank | ₹50 Lakh | Satisfied | |
| 29 Jul 1997 | 90109646 | Punjab National Bank | ₹49.5 Lakh | Satisfied | |
| 06 Oct 1992 | 90108920 | Punjab National Bank | ₹3 Lakh | Satisfied |
To see the full charge records of Amalgamated Industrial Composites Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Amalgamated Industrial Composites Pvt Ltd has 6 court cases on record: 3 filed by Amalgamated Industrial Composites, 3 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by Santec Automation India Pvt. Ltd. | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Santec Automation India Pvt.Ltd | Disposed |
| District court, Nashik, Maharashtra | Court case (Civil M.A.) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint (ULP)) | Filed against the company by an individual | Disposed |
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
To see the full case history of Amalgamated Industrial Composites Pvt Ltd, 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 Amalgamated Industrial Composites Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Amalgamated Industrial Composites Pvt Ltd has a workforce of 21 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
5%
GST
Amalgamated Industrial Composites has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA6406C1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Amalgamated Industrial Composites Pvt Ltd, buy the company report.
Recent activity
Amalgamated Industrial Composites Pvt Ltd has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Pyarelal Pannalal Maheshwary ceased to be Director on 10 Apr 2019.
Charges
A charge with Others of Rs. 797.47 Lakh registered on 03 Jun 2020 with Charge ID 100338831 was modified on 07 Oct 2025.
AGM
Amalgamated Industrial Composites Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Amalgamated Industrial Composites Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 17 Jan 2006 via Charge ID 80000948 with Others was fully satisfied on 19 Dec 2023.
Charges
A charge registered on 28 May 2003 via Charge ID 90110570 with Punjab National Bank was fully satisfied on 19 Dec 2023.
Charges
A charge registered on 29 Jul 1997 via Charge ID 90109646 with Punjab National Bank was fully satisfied on 19 Dec 2023.
Charges
A charge registered on 06 Oct 1992 via Charge ID 90108920 with Punjab National Bank was fully satisfied on 19 Dec 2023.
Charges
A charge registered on 03 Jan 1989 via Charge ID 90108526 with Punjab National Bank was fully satisfied on 19 Dec 2023.
Charges
A charge with Others amounted to Rs. 797.47 Lakh with Charge ID 100338831 was registered on 03 Jun 2020.
Charges
A charge with Others of Rs. 391.48 Lakh registered on 17 Jan 2006 with Charge ID 80000948 was modified on 20 Nov 2019.
Ceased
Pyarelal Pannalal Maheshwary ceased to be Director.
Charges
A charge with Others amounted to Rs. 391.48 Lakh with Charge ID 80000948 was registered on 17 Jan 2006.
9 earlier events are in the company report.
Frequently asked questions
Amalgamated Industrial Composites is an active private limited company based in Nashik, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 January 1980 (46+ years old) and is registered under CIN U32201MH1980PTC458632.
Amalgamated Industrial Composites has 2 current directors:
- Amit Pyarelal Maheshwary - Director
- Dushyant Pyarelal Maheshwary - Director
The latest financial statements of Amalgamated Industrial Composites 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 Amalgamated Industrial Composites is 27AABCA6406C1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Amalgamated Industrial Composites is U32201MH1980PTC458632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amalgamated Industrial Composites has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending.
Amalgamated Industrial Composites was incorporated on 17 January 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Amalgamated Industrial Composites by revenue are Shaw Almex India Pvt.Ltd, Kappati Bowl Mills Private Limited, Rhino Barrels and Organics Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Pyarelal Pannalal Maheshwary ceased to be Director on 10 Apr 2019. Dushyant Pyarelal Maheshwary was appointed as Director on 20 Jun 2005. Amit Pyarelal Maheshwary was appointed as Director on 26 Mar 2005.
Yes, Amalgamated Industrial Composites is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0003141).
Amalgamated Industrial Composites can be reached through the website aicomposites.com. Its registered office is in Nashik, Maharashtra, India.