Awate Engineering Private Limited

Awate Engineering Private Limited - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U27106PN2008PTC132238 Incorporated 13 June 2008 ROC Pune HQ Pune, Maharashtra, India
Under Liquidation Private Limited Company automotive
Data last updated
Revenue · FY 2018
₹5.06 Cr
▲ 17% YoY
Net profit · FY 2018
₹14.51 Lakh
Net margin 2.9%
EBITDA · FY 2018
₹32.01 Lakh
EBITDA margin 6.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹85 Lakh
Issued & subscribed
Open charges
₹18.45 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
7
Provident fund records

About Awate Engineering Private Limited

Data last updated:

Awate Engineering Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 13 June 2008.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27106PN2008PTC132238. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It is led by directors including Shobha Eknath Awate and Ajay Eknath Awate.

Its last annual general meeting (AGM) was held on 25 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Block D Plot 62 MIDC Ranjangoan Area Tal. Shirur, Pune, Maharashtra, India – 412210.

As per the financials filed for FY 2018, the company reported a revenue of ₹5.06 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹14.51 Lakh (net margin 2.9%) and EBITDA of ₹32.01 Lakh (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.

The company has about 7 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹18.45 Cr on record. Court records list 5 cases involving the company, including 4 filed against it; 1 case is pending.

Company Details of Awate Engineering Private Limited
CIN U27106PN2008PTC132238
Registration Number 132238
Incorporation Date 13 June 2008
ROC Pune
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 25 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Block D Plot 62 MIDC Ranjangoan Area Tal. Shirur, Pune, Maharashtra, India – 412210
  • Industry
    Automotive, Auto Parts & Components
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Financials, compliance, directors, charges, ownership and filings for Awate Engineering Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Awate Engineering Private Limited

The main business activity of Awate Engineering is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC11Motor vehicles, trailers, semi trailers and other Transport VehiclesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Awate Engineering Private Limited FY 2018 filings available

Awate Engineering Private Limited reported revenue of ₹5.06 Cr (up 17% YoY) for FY 2018.

Revenue · FY 2018
₹5.06 Cr ▲ 17%
Net profit · FY 2018
₹14.51 Lakh margin 2.9%
EBITDA · FY 2018
₹32.01 Lakh margin 6.3%

Compounded Annual Growth Rate (CAGR) of Awate Engineering Private Limited

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 28%

Revenue rose 17% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 27% 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 of Awate Engineering Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹5.06 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹32.01 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹14.51 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 of Awate Engineering Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin6.3%••••••••••••
Net Profit Margin2.9%••••••••••••
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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Awate Engineering are in the company report.

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Financial statements from 2015

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Peer Comparison of Awate Engineering Private Limited

Awate Engineering Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
K. M. Cars Private Limited₹5.12 Cr (FY 2025)••••••••-57.0%••••Chhatarpur, Madhya Pradesh, India
Karma Rehacare Products Private Limited₹5.12 Cr (FY 2025)••••••••4.0%••••Kolkata, West Bengal, India
Dhanjal Automotive Private Limited₹5.1 Cr (FY 2024)••••••••-6.0%••••New Delhi, Delhi, India
Friends Casting Private Limited₹5.08 Cr (FY 2024)••••••••-7.0%••••Punjab, India
Firmer Impex Marketing Private Limited₹5.07 Cr (FY 2024)••••••••87.0%••••Byatarayanapura, Karnataka, India
Awate Engineering Private Limited this company₹5.06 Cr (FY 2018)••••••••17.0%••••Pune, Maharashtra, India
Triad Engineering Works Private Ltd.₹5.06 Cr (FY 2024)••••••••22.0%••••Shivalik, Delhi, India
Zenith Auto Industries Private Limited₹5.06 Cr (FY 2025)••••••••-9.0%••••New Delhi, Delhi, India
Aam Automotives Private Limited₹5.04 Cr (FY 2025)••••••••64.0%••••Delhi, India
Bluebasic Ama Engineering Private Limited₹5.03 Cr (FY 2024)••••••••1721.0%••••Bengaluru, Karnataka, India
Kamal Auto Comp Private Limited₹5.02 Cr (FY 2025)••••••••712.0%••••Gurgaon, Haryana, India

Peers are the five companies nearest above and the five nearest below Awate Engineering by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Awate Engineering Private Limited

Awate Engineering Private Limited is audited by V.C.VENKATRAMAN & CO. for the financial year 2018.

NameStatusAppointment DateCessation Date
V.C.VENKATRAMAN & CO.LockedLockedLocked
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Board of Directors of Awate Engineering Private Limited

Awate Engineering has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Shobha Eknath AwateDirector13 Jun 200818 Years 3 MonthsAs last reported
Ajay Eknath AwateDirector01 Jan 201313 Years 9 MonthsAs last reported
Ritesh Ekanath AwateDirector15 Dec 20187 Years 9 MonthsAs last reported

Ownership and Shareholding of Awate Engineering Private Limited

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Charges & Borrowings of Awate Engineering Private Limited

Open charges
₹18.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹10.65 Cr
Corporation Bank₹7.80 Cr
Latest charge details
DateLenderAmountStatus
29 Jun 2010Others₹10.65 CrOpen
29 Jun 2010Corporation Bank₹7.8 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Awate Engineering Private Limited

Awate Engineering Private Limited has a workforce of 7 employees as of Apr 08, 2024.

Employee count
7
Active EPFO establishments
1
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Recent Activity on Awate Engineering Private Limited

Awate Engineering Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Ritesh Ekanath Awate was appointed as Director on 15 Dec 2018.

Appointed
Ritesh Ekanath Awate was appointed as Director.
AGM
Awate Engineering Private Limited last Annual general meeting of members was held on 25 Sep 2018 as per latest MCA records.
Filing
Awate Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Pune.
Ceased
Sushil Eknath Awate ceased to be Director.
Charges
A charge with Others of Rs. 10.65 Cr registered on 29 Jun 2010 with Charge ID 10229826 was modified on 31 Mar 2016.
Appointed
Ajay Eknath Awate was appointed as Director.
Charges
A charge with Corporation Bank of Rs. 7.80 Cr registered on 29 Jun 2010 with Charge ID 10233735 was modified on 07 Nov 2012.
Charges
A charge with Corporation Bank amounted to Rs. 7.80 Cr with Charge ID 10233735 was registered on 29 Jun 2010.
Charges
A charge with Others amounted to Rs. 10.65 Cr with Charge ID 10229826 was registered on 29 Jun 2010.
Appointed
Shobha Eknath Awate was appointed as Director.
Incorporation
13 Jun 2008
Awate Engineering Private Limited was registered on 13 Jun 2008 with Roc Pune & aged 18 years 4 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Awate Engineering Private Limited

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MSME Payment Delays by Awate Engineering Private Limited

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Subsidiaries & Group Companies of Awate Engineering Private Limited

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GST Compliance of Awate Engineering Private Limited

Awate Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Awate Engineering Private Limited

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Frequently Asked Questions about Awate Engineering Private Limited

Awate Engineering is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Awate Engineering is a company under liquidation, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 13 June 2008 and is registered under CIN U27106PN2008PTC132238. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Awate Engineering reported revenue of ₹5.06 Cr for FY 2018 (up 17% YoY).

Awate Engineering has 3 current directors:

Awate Engineering reported a net profit of ₹14.51 Lakh (net margin 2.9%) and EBITDA of ₹32.01 Lakh (EBITDA margin 6.3%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Awate Engineering is -9% over three years. In the latest year (FY 2018) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Awate Engineering is U27106PN2008PTC132238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Awate Engineering has open charges of ₹18.45 Cr and no satisfied charges on record as per latest MCA filings.

Awate Engineering has 5 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.

Awate Engineering was incorporated on 13 June 2008. It is registered with the Registrar of Companies, Pune.

The peers of Awate Engineering by revenue are K. M. Cars Private Limited, Karma Rehacare Products Private Limited, Dhanjal Automotive Private Limited, Friends Casting Private Limited, Firmer Impex Marketing Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).

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