India's Richest People 2026 edition · 1 director · Source: Hurun India
- #957 Chandra Kant Birla & family ₹3,000 Cr
Revenue · FY 2025
₹357.66 Cr
▼ 8% YoY
Net loss · FY 2025
₹52.63 Cr
Net margin -14.7%
EBITDA · FY 2025
₹9.12 Cr
EBITDA margin 2.5%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹26.56 Cr
Issued & subscribed
Open charges
₹518.32 Cr
Satisfied ₹1,766.93 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
683
Provident fund records
About Avtec Limited
Data last updated:
Avtec Limited is a public limited company based in Madhya Pradesh, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 08 February 2005 and has been in existence for over 21 years.
Its director Chandra Kant Birla and family are #957 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U34103MP2005PLC017319. Its GSTIN is 23AAFCA1313C1ZN (Madhya Pradesh). The company holds 11 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹26.56 Cr. It is led by directors including Tejkrishan Rammurti Rajput (Managing Director) and Rajat Mukherjee.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pithampur Industrial Areasector – III Po Sagore Dhar M.P., Madhya Pradesh, India – 454774.
As per the financials filed for FY 2025, the company reported a revenue of ₹357.66 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹52.63 Cr (net margin -14.7%) and EBITDA of ₹9.12 Cr (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 683 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AVTEC. As per MCA filings, the company has open charges of ₹518.32 Cr and satisfied charges of ₹1,766.93 Cr on record. Court records list 63 cases involving the company, including 52 filed by the company and 11 filed against it; 8 cases are pending. The company has 15 deals on record (13 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹30.7 Cr; the latest was in December 2019. Its 3 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 2 larger and 1 smaller; the largest is Natesan Synchrocones Private Limited with revenue of ₹364.4 Cr. The company has 31 MSME Form 1 returns on record between 2016 and 2024, listing 5,038 overdue payments to 354 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avtec.in.
Company details
CIN U34103MP2005PLC017319
Registration Number 017319
Incorporation Date 08 February 2005
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Tejkrishan Rammurti Rajput Managing Director Rajat Mukherjee Director Srinivasa Varadhan Tirumalai Echambadi Director Recognitions & Rankings of Avtec
Contact details
Avtec Limited's registered office is in Madhya Pradesh. Its website is avtec.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPithampur Industrial Areasector – III Po Sagore Dhar M.P., Madhya Pradesh, India – 454774
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Avtec Limited, buy the company report.
Comprehensive company report
Avtec 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 Avtec is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Avtec Limited, buy the company report.
Financials of Avtec Limited
FY 2025 filings availableAvtec Limited reported revenue of ₹357.66 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹357.66 Cr ▼ 8%
Net loss · FY 2025
₹52.63 Cr margin -14.7%
EBITDA · FY 2025
₹9.12 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 7%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 52%
5 years · compounded
▲ 26%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 8% fall in the latest year. EBITDA fell 73% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52.63 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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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 | 2.5% | ||||
| Net Profit Margin | -14.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Avtec Limited, buy the company report.
Board of directors of Avtec Limited
Avtec has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Mukherjee | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
| Srinivasa Varadhan Tirumalai Echambadi Also directs: Neosym Industry Limited, Stellantis Avtec Powertrain India Private Limited, CK Birla Healthcare Private Limited and 1 more | Director | 08 May 2015 | 11 Years 5 Months | Current |
| Ananthanarayanan Sankara Narayanan | Nominee Director | 28 Jun 2005 | 21 Years 3 Months | Current |
| Chandrakant Birla Also directs: Orient Paper and Industries Ltd., Orient Electric Limited, Birlasoft Limited and 4 more | Nominee Director | 28 Jun 2005 | 21 Years 3 Months | Current |
| Tejkrishan Rammurti Rajput Also directs: Neosym Industry Limited | Managing Director | 06 Sep 2023 | 3 Years 1 Months | Current |
| Abhilasha Mimani Also directs: Mcode Consulting LLP, Gmmco Ltd | Director | 24 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Avtec Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Natesan Synchrocones Private Limited | ₹364.4 Cr (FY 2024) | 7.0% | Chennai, Tamil Nadu, India | |||
| Lumax Mannoh Allied Technologies Limited | ₹363.7 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Avtec Limitedthis company | ₹357.66 Cr (FY 2025) | -₹52.63 Cr | -14.7% | -8.0% | 683 | Madhya Pradesh, India |
| Aisan Auto Parts India Private Limited | ₹351.75 Cr (FY 2024) | 40.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Avtec Limited, buy the company report.
Auditor
Avtec Limited is audited by S S Kothari Mehta & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Kothari Mehta & Company | FY 2023 | 000756N |
Shareholding
The shareholding of Avtec 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 Avtec Limited, buy the company report.
Charges & borrowings
Open charges
₹518.32 Cr
Satisfied charges
₹1,766.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2025 | 101193726 | Indian Bank | ₹30 Cr | Open | |
| 12 Mar 2025 | 101074647 | Yes Bank Limited | ₹50 Cr | Open | |
| 28 Dec 2024 | 101030639 | Others | ₹40 Cr | Open | |
| 28 Mar 2024 | 100899258 | Others | ₹20 Cr | Open | |
| 01 Jun 2020 | 100339133 | Sbicap Trustee Company Limited | ₹378.32 Cr | Open |
To see the full charge records of Avtec Limited, buy the company report.
Total charge records: 46 View all charges
Deals & funding
Avtec Limited has 15 deals on record (13 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹30.7 Cr; the latest was in December 2019.
Total deals
15
Secondary share transfers
13
Acquisition
1
Funding round
1
Disclosed funding
₹30.7 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Amer Investments (Delhi) Limited Seller: Hindustan Motors Ltd |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: Universal Trading Company Limited, Gwalior Finance Corporation Limited , Bengal Rubber Company Ltd Seller: Hindustan Motors Ltd |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Amer Investments (Delhi) Limited , Bengal Rubber Company Ltd , India Silica Magnesite Works Ltd. Seller: Hindustan Motors Ltd |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: National Engineering Industries Limited Seller: Hindustan Motors Ltd |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: National Engineering Industries Limited Seller: Hindustan Motors Ltd |
To see the full deal history of Avtec Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avtec Limited has 63 court cases on record: 52 filed by Avtec, 11 filed against it. 8 cases are pending and 55 are disposed.
Total cases
63
Filed by the company
52
Filed against the company
11
Pending
8
Disposed
55
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 4 | 3 |
| District courts | 13 | 7 | 1 |
| Supreme Court | 8 | 0 | 4 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against Icici Bank Ltd., and 2 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Icici Bank Ltd., and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against PDS Logistics International Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed by the company against Ms PDS Logistics International Private Limited | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by Ms Trackon Couriers Pvt. Ltd. | Disposed |
To see the full case history of Avtec 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.
Credit ratings & regulatory alerts
Avtec Limited was last rated by Indiarating on 28 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 28 Oct 2021 |
To see the full credit ratings and regulatory alerts of Avtec Limited, buy the company report.
MSME payment delays
Avtec Limited has 31 MSME Form 1 returns on record between 2016 and 2024, listing 5,038 overdue payments to 354 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 354)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indotech Industries (I) Private Limited | |||
| Galaxy Technoforge (India) Private Limited | |||
| Giriraj Precision Screws Private Limited | |||
| an individual supplier | |||
| Kanchan Precisions Pvt Ltd |
To see the full MSME payment records of Avtec Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avtec Limited has a workforce of 683 employees on its EPFO records as of Mar 23, 2024, across 4 active EPFO establishments.
Employee count
683
Active EPFO establishments
4
Employee growth
-17.91%
GST
Avtec has 11 GST registrations: 3 active and 8 cancelled or inactive.
Total GSTINs
11
Active
3
Cancelled / inactive
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCA1313C1ZN | Madhya Pradesh | Active | 01 Jul 2017 |
| 33AAFCA1313C1ZM | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAFCA1313C2ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avtec Limited, buy the company report.
Recent activity
Avtec Limited has 27 board changes on record since 2005: 6 appointments and 21 cessations. The latest: Abhilasha Mimani ceased to be Additional Director on 28 Sep 2025.
Charges
A charge with Indian Bank amounted to Rs. 30.00 Cr with Charge ID 101193726 was registered on 17 Nov 2025.
AGM
Avtec Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Abhilasha Mimani ceased to be Additional Director.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 378.32 Cr registered on 01 Jun 2020 with Charge ID 100339133 was modified on 22 Sep 2025.
Charges
A charge with Yes Bank Limited of Rs. 50.00 Cr registered on 12 Mar 2025 with Charge ID 101074647 was modified on 15 Sep 2025.
Filing
Avtec Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Abhilasha Mimani was appointed as Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 50.00 Cr with Charge ID 101074647 was registered on 12 Mar 2025.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101030639 was registered on 28 Dec 2024.
Ceased
Narasimhan Natarajan ceased to be CFO.
Charges
A charge registered on 15 Dec 2021 via Charge ID 100519283 with Others was fully satisfied on 05 Sep 2024.
Charges
A charge registered on 16 Mar 2023 via Charge ID 100694910 with Others was fully satisfied on 29 Aug 2024.
127 earlier events are in the company report.
News
Frequently asked questions
Avtec is an active public limited company based in Madhya Pradesh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 08 February 2005 (21+ years old) and is registered under CIN U34103MP2005PLC017319.
Avtec has 6 current directors:
- Tejkrishan Rammurti Rajput - Managing Director
- Rajat Mukherjee - Director
- Srinivasa Varadhan Tirumalai Echambadi - Director
- Ananthanarayanan Sankara Narayanan - Nominee Director
- Chandrakant Birla - Nominee Director
- Abhilasha Mimani - Director
The latest financial statements of Avtec on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avtec is 23AAFCA1313C1ZN, registered in Madhya Pradesh. The company has 11 GST registrations in all, of which 3 are active and 8 are cancelled or inactive. Other active GSTINs include 33AAFCA1313C1ZM (Tamil Nadu), 33AAFCA1313C2ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Avtec is U34103MP2005PLC017319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avtec has 63 court cases on record: 52 filed by the company and 11 filed against it. 8 are pending. Most are in the high courts.
Avtec was incorporated on 08 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.
Avtec has 15 deals on record (13 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹30.7 Cr; the latest was in December 2019.
The peers of Avtec by revenue are Natesan Synchrocones Private Limited, Lumax Mannoh Allied Technologies Limited, Aisan Auto Parts India Private Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Abhilasha Mimani ceased to be Additional Director on 28 Sep 2025. Abhilasha Mimani was appointed as Director on 24 Mar 2025. Narasimhan Natarajan ceased to be CFO on 02 Dec 2024. Avtec has 27 board changes on record in total.
Avtec has 31 MSME Form 1 returns on record between 2016 and 2024, listing 5,038 overdue payments to 354 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Avtec can be reached through the website avtec.in. Its registered office is in Madhya Pradesh, India.