India's Richest People 2026 edition · 1 director · Source: Hurun India
- #182 Shrikant Shankar Badve & family ₹19,700 Cr
Revenue · FY 2024
₹1.28 Lakh
▲ 38% YoY
Net loss · FY 2024
₹69.41 Lakh
Latest filing
EBITDA · FY 2024
-₹1.5 Lakh
EBITDA margin -117.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings
About Badve Helmets India Private Limited
Data last updated:
Badve Helmets India Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 29 December 2006 and has been in existence for over 20 years.
Its director Shrikant Shankar Badve and family are #182 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2006PTC166603. Its GSTIN is 27AADCB0207C1ZH (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Shrikant Shankar Badve and Supriya Shrikant Badve.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gut No. 63 64 Village Narayanpur Aurangabad Pune Road Tq. Gangapur, Maharashtra, India – 431133.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.28 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹69.41 Lakh and EBITDA of -₹1.5 Lakh (EBITDA margin -117.2%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 51% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website badvegroup.com.
Company details
CIN U74999MH2006PTC166603
Registration Number 166603
Incorporation Date 29 December 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Recognitions & Rankings of Badve Helmets India
Contact details
Badve Helmets India Private Limited's registered office is in Aurangabad, Maharashtra. Its website is badvegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGut No. 63 64 Village Narayanpur Aurangabad Pune Road Tq. Gangapur, Maharashtra, India – 431133
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Badve Helmets India Private Limited, buy the company report.
Comprehensive company report
Badve Helmets India Private 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 Badve Helmets India is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Badve Helmets India Private Limited, buy the company report.
Financials of Badve Helmets India Private Limited
FY 2024 filings availableBadve Helmets India Private Limited reported revenue of ₹1.28 Lakh (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹1.28 Lakh ▲ 38%
Net loss · FY 2024
₹69.41 Lakh
EBITDA · FY 2024
-₹1.5 Lakh margin -117.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▼ 63%
5 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▼ 636%
3 years · compounded
▲ 81%
5 years · compounded
▲ 56%
Revenue rose 38% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 51%. EBITDA fell 636% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -117.2% | ||||
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To see the full financial statements and ratios of Badve Helmets India Private Limited, buy the company report.
Board of directors of Badve Helmets India Private Limited
Badve Helmets India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrikant Shankar Badve Also directs: Belrise Industries Limited, Shreepriya Stamping and Tooling Private Limited, Swastid Engineering Private Limited and 5 more | Director | 29 Dec 2006 | 19 Years 10 Months | Current |
| Supriya Shrikant Badve Also directs: Belrise Industries Limited, Badve Autocomps Private Limited, Badve Global Private Limited and 5 more | Director | 16 Aug 2007 | 19 Years 2 Months | Current |
Auditor
Badve Helmets India Private Limited is audited by DEEPA ANKIT JAIN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPA ANKIT JAIN & ASSOCIATES | FY 2020 | 023987N |
Shareholding
The shareholding of Badve Helmets India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Badve Helmets India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Badve Helmets India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Badve Helmets India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Badve Helmets India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB0207C1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Badve Helmets India Private Limited, buy the company report.
Recent activity
Badve Helmets India Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Sunil Vasantrao Lakhe ceased to be Director on 24 Feb 2018.
AGM
Badve Helmets India Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Badve Helmets India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Ceased
Sunil Vasantrao Lakhe ceased to be Director.
Appointed
Supriya Shrikant Badve was appointed as Director.
Appointed
Shrikant Shankar Badve was appointed as Director.
Incorporation
29 Dec 2006
Badve Helmets India Private Limited was registered on 29 Dec 2006 with Roc Mumbai Ii & aged 19 years 10 months as per MCA records.
Frequently asked questions
Badve Helmets India is an active private limited company based in Aurangabad, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 29 December 2006 (20+ years old) and is registered under CIN U74999MH2006PTC166603.
Badve Helmets India has 2 current directors:
- Shrikant Shankar Badve - Director
- Supriya Shrikant Badve - Director
The latest financial statements of Badve Helmets India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Badve Helmets India is 27AADCB0207C1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Badve Helmets India is U74999MH2006PTC166603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Badve Helmets India was incorporated on 29 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunil Vasantrao Lakhe ceased to be Director on 24 Feb 2018. Supriya Shrikant Badve was appointed as Director on 16 Aug 2007. Shrikant Shankar Badve was appointed as Director on 29 Dec 2006.
Badve Helmets India can be reached through the website badvegroup.com. Its registered office is in Aurangabad, Maharashtra, India.
The registered office of Badve Helmets India is at Gut No. 63 64 Village Narayanpur Aurangabad Pune Road Tq. Gangapur, Maharashtra, India – 431133.
Badve Helmets India operates in the automotive industry, in the auto parts and components segment.
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