About Flywheel Ring Gears
Flywheel Ring Gears is a Transportation, Automotive & Logistics company based in Nashik (India) founded in 1997 by Balasaheb Madhavrao Khairnar and Surekha Balasaheb Khairnar. It manufactures and supplies rings and gears to original equipment manufacturers. It operates on a B2B model. Its Indian entity Millennium Precision Auto India Private Limited reported revenue of ₹39.59 Cr. Its focus areas include Manufacturing, Industrial Components, Automotive Parts and Gears and Rings. Its competitors include Dana, Gates, Happy Forgings, Ricardo and New Motion Labs and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Flywheel Ring Gears manufactures and supplies rings and gears to original equipment manufacturers through producing manufactured goods, industrial components, automotive parts, and gears and rings. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Nashik, India
- Founders Balasaheb Madhavrao Khairnar, Surekha Balasaheb Khairnar
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website ringgearindia.com
- Legal Name Millennium Precision Auto India Private Limited
- Date of Incorporation 05 Jun, 2012
- Jurisdiction Nashik, Maharashtra, India
- Annual Revenue₹39.59 Cr
FY 2024 · +107% YoY
- Net Profit₹1.03 Cr
FY 2024 · 3% margin
- EBITDA₹3.67 Cr
FY 2024 · 9% margin
Associated legal entities of Flywheel Ring Gears
Flywheel Ring Gears operates through Millennium Precision Auto India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Millennium Precision Auto India Private Limited CIN U29253MH2012PTC231850 | Active | 05 Jun 2012 | Nashik, Maharashtra | ₹39.6 Cr | 32 | 2 | View details |
Board of directors of Millennium Precision Auto India Private Limited (Flywheel Ring Gears)
Millennium Precision Auto India Private Limited is the primary company behind Flywheel Ring Gears. The board of Millennium Precision Auto India Private Limited currently have 2 directors; the longest-serving is Surekha Balasaheb Khairnar, appointed in 2021. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surekha Balasaheb Khairnar DIN 00056927 | Director | 30 Nov 2021 | 4 yrs 10 mo | Millennium Precision Auto India Private Limited |
| Balasaheb Madhavrao Khairnar DIN 00056868 | Director | 30 Nov 2021 | 4 yrs 10 mo | Millennium Precision Auto India Private Limited |
People of Flywheel Ring Gears
2 people are tracked at Flywheel Ring Gears (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Flywheel Ring Gears
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Financials of Flywheel Ring Gears
Figures of Millennium Precision Auto India Private Limited, the primary company behind Flywheel Ring Gears, for FY 2024. Revenue was ₹39.59 Cr (+107% year on year). Net profit was ₹1.03 Cr (3% margin). EBITDA was ₹3.67 Cr (9% margin). Revenue has grown at a compounded annual rate of +64% over three years and +126% over five years.
- ₹39.59 CrRevenue · FY 2024 · +107% YoY
- ₹1.03 CrNet profit · 3% margin
- ₹3.67 CrEBITDA · 9% margin
- ₹1.85 CrPaid-up capital
- 32Employees (provident fund records)
- +64%Revenue CAGR, 3 years
- +126%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Millennium Precision Auto India Private Limited are on its company page.
Detailed financial statements for Flywheel Ring Gears
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Flywheel Ring Gears
Flywheel Ring Gears has 9 listed competitors in our database, 3 of them funded. They include Dana, Gates, Happy Forgings, Ricardo and New Motion Labs, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dana.com | 1904 | Maumee, United States | – | – | Driveline technologies and components for electrified light vehicles are supplied. | |
| gates.com | 1911 | Denver, United States | – | 14,700 | Transmission components are manufactured and supplied to the aftermarket. | |
| happyforgingsltd.com | 1973 | Ludhiana, India | $27.12M | 19 | Drive transmission components are manufactured and supplied. | |
| ricardo.com | 1915 | – | – | 50 | Drive transmission components are manufactured and supplied to OEMs. | |
| newmotionlabs.com | 2019 | London, United Kingdom | $3.31M | 10 | Automotive transmission systems are manufactured by New Motion Labs. | |
| divgi-tts.com | 1995 | Pune, India | $19.43M | 444 | Automotive transmission systems are manufactured and supplied to OEMs. | |
| fte-automotive.com | 1943 | Ebern, Germany | – | – | Manufacturer and supplier of drivetrain and brake system components to OEMs and aftermarket | |
| cloyes.com | 1921 | Fort Smith, United States | – | – | Timing drive systems and gear parts for automobile manufacturers | |
| xtrac.com | 1984 | Thatcham, United Kingdom | – | 321 | Design and manufacturer of transmission systems |
Detailed competitors of Flywheel Ring Gears
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Automotive Manufacturing & Components
10 companies that operate in the same segment as Flywheel Ring Gears (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Manufacturer of gas-powered construction equipment | 1919 | United States | – | USD 1.21 B | 5,230 | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 |
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Frequently Asked Questions about Flywheel Ring Gears
Flywheel Ring Gears was founded in 1997.
Flywheel Ring Gears is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
The primary company behind Flywheel Ring Gears, Millennium Precision Auto India Private Limited, reported revenue of ₹39.59 Cr for FY 2024, up 107% year on year.
Flywheel Ring Gears manufactures and supplies rings and gears to original equipment manufacturers through producing manufactured goods, industrial components, automotive parts, and gears and rings. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Flywheel Ring Gears's top competitors include Happy Forgings, Gates and Dana.
Flywheel Ring Gears operates through Millennium Precision Auto India Private Limited.
The legal entities of Flywheel Ring Gears currently have 2 directors, including Surekha Balasaheb Khairnar, Balasaheb Madhavrao Khairnar.