About Akash Precision Components
Akash Precision Components is an Industrial Goods & Manufacturing company based in Ahmednagar (India). It produces electrical sub-assemblies, motors, pumps and precision machined components. It operates on a B2B model. The company has 25 employees. Its Indian entity Akash Precision Components Private Limited reported revenue of ₹32.72 Cr. Akash Precision Components offers products and services including E-Bikes, Electrical Motors, Pumps, Alternators, and Gear Box. Its focus areas include Manufacturing, Electrical Components, Motors and Pumps and Precision Parts. Similar companies include Ola Electric, Ather Energy and Hero Electric; 3 of its 3 listed similar companies have raised funding.
Company details
AKASH Precision Components Private Limited manufactures electrical sub-assemblies, winding components, and precision machined parts for various industries. The company operates through advanced facilities in Maharashtra, India, focusing on quality and ethical practices. It serves clients in sectors like e-mobility and industrial manufacturing by delivering reliable components using global best practices and certifications.
- Headquarters Ahmednagar, India
- Employees 25
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website akashprecision.com
- Legal Name Akash Precision Components Private Limited
- Date of Incorporation 06 Jan, 2006
- Jurisdiction Ahmednagar, Maharashtra, India
- Annual Revenue₹32.72 Cr
FY 2025 · -4% YoY
- Net Profit₹78.8 Lakh
FY 2025 · 2% margin
- EBITDA₹2.38 Cr
FY 2025 · 7% margin
- Employee Count25
Associated legal entities of Akash Precision Components
Akash Precision Components operates through Akash Precision Components Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Akash Precision Components Private Limited CIN U29299PN2006PTC021799 | Active | 06 Jan 2006 | Ahmednagar, Maharashtra | ₹32.7 Cr | 25 | 4 | View details |
Products & Services of Akash Precision Components
Akash Precision Components offers a comprehensive portfolio of products and services, including E-Bikes, Electrical Motors, Pumps, Alternators, and Gear Box.
Electric bicycles for affordable daily commuting in India.
Motors for various applications in manufacturing sectors.
Pumps used in industrial and fluid transfer systems.
Alternators for power generation in machinery.
Gear boxes for mechanical power transmission.
IT services related to component manufacturing processes.
Wire drawing for electrical and industrial applications.
Board of directors of Akash Precision Components Private Limited (Akash Precision Components)
Akash Precision Components Private Limited is the primary company behind Akash Precision Components. The board of Akash Precision Components Private Limited currently have 4 directors; the longest-serving is Shrikrishna Laxmikant Joshi, appointed in 2006. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shrikrishna Laxmikant Joshi DIN 01444534 | Managing Director | 06 Jan 2006 | 20 yrs 10 mo | Akash Precision Components Private Limited |
| Akash Shrikrishna Joshi DIN 06528912 | Director | 15 Mar 2013 | 13 yrs 7 mo | Akash Precision Components Private Limited |
| Ankita Shrikrishna Joshi DIN 08097870 | Director | 02 Apr 2018 | 8 yrs 7 mo | Akash Precision Components Private Limited |
| Onkar Shrikrishna Joshi DIN 08577355 | Director | 15 Oct 2019 | 7 yrs | Akash Precision Components Private Limited |
Financials of Akash Precision Components
Figures of Akash Precision Components Private Limited, the primary company behind Akash Precision Components, for FY 2025. Revenue was ₹32.72 Cr (-4% year on year). Net profit was ₹78.8 Lakh (2% margin). EBITDA was ₹2.38 Cr (7% margin). Revenue has grown at a compounded annual rate of +22% over three years and +10% over five years.
- ₹32.72 CrRevenue · FY 2025 · -4% YoY
- ₹78.8 LakhNet profit · 2% margin
- ₹2.38 CrEBITDA · 7% margin
- ₹61 LakhPaid-up capital
- 25Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Akash Precision Components Private Limited are on its company page.
Detailed financial statements for Akash Precision Components
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Similar companies to Akash Precision Components
Akash Precision Components has 3 listed similar companies in our database, 3 of them funded. They include Ola Electric, Ather Energy and Hero Electric.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $999.91M | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.02M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions |
Detailed similar companies of Akash Precision Components
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Top companies in Medical Manufacturing Machinery
3 companies that operate in the same segment as Akash Precision Components (Medical Manufacturing Machinery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
CNC machine tools are manufactured for diverse industries. | 1989 | Rajkot, Gujarat, India | USD 6.37 M | USD 223.08 M | 3,504 | |
Manufacturer & supplier of solid dosage products, pharmaceutical machinery and equipment, and packaging solutions | 1961 | Mumbai, Maharashtra, India | USD 371.93 M | 1,804 | ||
Manufactures forged and machined components for automotive, construction, and industrial applications. | 1979 | Pune, Maharashtra, India | USD 25.39 M | 578 |
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Frequently Asked Questions about Akash Precision Components
Akash Precision Components is headquartered in Ahmednagar, India. It is registered at Ahmednagar, Maharashtra, India.
Akash Precision Components has 25 employees.
The primary company behind Akash Precision Components, Akash Precision Components Private Limited, reported revenue of ₹32.72 Cr for FY 2025, down 4% year on year.
AKASH Precision Components Private Limited manufactures electrical sub-assemblies, winding components, and precision machined parts for various industries. The company operates through advanced facilities in Maharashtra, India, focusing on quality and ethical practices. It serves clients in sectors like e-mobility and industrial manufacturing by delivering reliable components using global best practices and certifications.
Akash Precision Components's top competitors include Ather Energy, Ola Electric and Hero Electric.
Akash Precision Components offers E-Bikes, Electrical Motors, Pumps, Alternators, and 3 more products and services.
Akash Precision Components operates through Akash Precision Components Private Limited.
The legal entities of Akash Precision Components currently have 4 directors, including Onkar Shrikrishna Joshi, Ankita Shrikrishna Joshi, Shrikrishna Laxmikant Joshi and others.