About Memco Engineering
Memco Engineering is an Industrial Goods & Manufacturing company based in Nashik (India) founded in 1983, and was acquired by Precision Camshaft in October 2017. Precision machines are manufactured by Memco Engineering in India. The company has 120 employees. Its Indian entity Memco Engineering Private Limited reported revenue of ₹1.4 Lakh. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Memco Engineering was founded in 1983 and is based in Nashik, India. Operations are centered on the manufacturing of precision machines within the engineering sector. Leadership is provided by Managing Director Rajan Dharkar. The company maintains its domain at memcoindia.com, with activities focused on production processes tailored to industrial needs in the region.
- Headquarters Nashik, India
- Employees 120
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website memcoindia.com
- Acquired by Precision Camshaft (Oct 2017)
- Legal Name Memco Engineering Pvt. Ltd
- Date of Incorporation 28 Aug, 1981
- Annual Revenue₹1.4 Lakh
FY 2025 · -81% YoY
- Net Loss-₹15,146
FY 2025 · -11% margin
- EBITDA-₹15,146
FY 2025 · -11% margin
- Investors
- Employee Count120
- Acquired byPrecision Camshaft
(Oct 2017)
Associated legal entities of Memco Engineering
Memco Engineering operates through Memco Engineering 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 |
|---|---|---|---|---|---|---|---|
| Memco Engineering Private Limited CIN U29100GJ1981PTC004580 | Active | 28 Aug 1981 | Ahmedabad, Gujarat | ₹0.0 Cr | 120 | 3 | View details |
Investors in Memco Engineering
Memco Engineering has secured backing from 1 investor. Prominent investors backing the company include Precision Camshaft.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Camshafts for automobiles are manufactured in India by Precision Camshaft. | 1992 | pclindia.in | Solapur, India |
Investor details for Memco Engineering
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Board of directors of Memco Engineering Private Limited (Memco Engineering)
Memco Engineering Private Limited is the primary company behind Memco Engineering. The board of Memco Engineering Private Limited currently have 3 directors; the longest-serving is Gitaben Kiritbhai Patel, appointed in 2006. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gitaben Kiritbhai Patel DIN 00466910 | Director | 01 Aug 2006 | 20 yrs 2 mo | Memco Engineering Private Limited |
| Ramilaben Vikrambhai Patel DIN 00531213 | Director | 01 Aug 2006 | 20 yrs 2 mo | Memco Engineering Private Limited |
| Shilpaben Lalitbhai Patel DIN 00466889 | Director | 01 Aug 2006 | 20 yrs 2 mo | Memco Engineering Private Limited |
People of Memco Engineering
1 people are tracked at Memco Engineering (1 in leadership); the tracked headcount is 120.
| Name | Role | Group |
|---|---|---|
Rajan Dharkar | Managing Director | Leadership |
Complete people profiles for Memco Engineering
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Financials of Memco Engineering
Figures of Memco Engineering Private Limited, the primary company behind Memco Engineering, for FY 2025. Revenue was ₹1.4 Lakh (-81% year on year). Net loss was -₹15,146 (-11% margin). EBITDA was -₹15,146 (-11% margin). Revenue has grown at a compounded annual rate of -80% over three years and -60% over five years.
- ₹1.4 LakhRevenue · FY 2025 · -81% YoY
- -₹15,146Net loss · -11% margin
- -₹15,146EBITDA · -11% margin
- ₹3 LakhPaid-up capital
- 120Employees (provident fund records)
- -80%Revenue CAGR, 3 years
- -60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Memco Engineering Private Limited are on its company page.
Detailed financial statements for Memco Engineering
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Timeline of Memco Engineering
2 dated milestones of Memco Engineering across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Memco Engineering is founded.
- Exit Acquired by Precision Camshaft.
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Memco Engineering (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Memco Engineering
Memco Engineering was founded in 1983.
Memco Engineering is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
Memco Engineering has 120 employees.
The primary company behind Memco Engineering, Memco Engineering Private Limited, reported revenue of ₹1.4 Lakh for FY 2025, down 81% year on year.
Memco Engineering was founded in 1983 and is based in Nashik, India. Operations are centered on the manufacturing of precision machines within the engineering sector. Leadership is provided by Managing Director Rajan Dharkar. The company maintains its domain at memcoindia.com, with activities focused on production processes tailored to industrial needs in the region.
Memco Engineering has 1 investor. Key investors include Precision Camshaft.
Memco Engineering operates through Memco Engineering Private Limited.
Yes. Memco Engineering was acquired by Precision Camshaft in October 2017.
The legal entities of Memco Engineering currently have 3 directors, including Gitaben Kiritbhai Patel, Ramilaben Vikrambhai Patel, Shilpaben Lalitbhai Patel.