Balaji Machine Works Private Limited
About Balaji Machine Works Private Limited
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Balaji Machine Works Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2002PTC137355. Its GSTIN is 33AACCB4721C1ZE (Tamil Nadu). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.63 Cr. It is led by directors including Sunderkanthy Sunderkanthy and Velmurugan Ganeshan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B/8 Shivganga Apartmentzaver Road Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹423.02 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Cr (net margin 0.4%) and EBITDA of ₹4.52 Cr (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 2% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹28 Cr and satisfied charges of ₹16.07 Cr on record. Court records list 44 cases involving the company, including 27 filed by the company and 17 filed against it; 10 cases are pending. The company has 7 deals on record (5 funding rounds, 2 rights issues), with disclosed funding of ₹6.6 Cr; the latest was in November 2017.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Balaji Machine Works Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/8 Shivganga Apartmentzaver Road Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Balaji Machine Works Private Limited, buy the company report.
- 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
Business activity
The main business activity of Balaji Machine Works is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Balaji Machine Works Private Limited, buy the company report.
Financials of Balaji Machine Works Private Limited
FY 2024 filings availableBalaji Machine Works Private Limited reported revenue of ₹423.02 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.52 Cr | ||||
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| Net Profit (PAT) | ₹1.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Balaji Machine Works Private Limited, buy the company report.
Board of directors of Balaji Machine Works Private Limited
Balaji Machine Works has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunderkanthy Sunderkanthy Also directs: Maxim Rollings & Castings Private Limited | Director | 25 Sep 2002 | 24 Years 1 Months | Current |
| Velmurugan Ganeshan | Director | 25 Sep 2002 | 24 Years 1 Months | Current |
| Veganeshan Nadar Also directs: JLR Farms Private Limited | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Arumugam Arunachalam Nadar Also directs: JLR Farms Private Limited, Solidaire India Limited | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Balamurugan Ganeshan | Director | 25 Sep 2002 | 24 Years 1 Months | Current |
Auditor
Balaji Machine Works Private Limited is audited by Ravindra Nagesh Naik for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravindra Nagesh Naik | FY 2023 |
Shareholding
The shareholding of Balaji Machine Works Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaji Machine Works Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2011 | 10320804 | Syndicate Bank | ₹28 Cr | Open | |
| 09 Nov 2012 | 10389014 | Syndicate Bank | ₹2 Cr | Satisfied | |
| 14 Sep 2012 | 10381328 | Syndicate Bank | ₹1.5 Cr | Satisfied | |
| 10 Oct 2011 | 10320789 | Syndicate Bank | ₹2.55 Cr | Satisfied | |
| 31 Jan 2011 | 10269053 | Syndicate Bank | ₹90 Lakh | Satisfied |
To see the full charge records of Balaji Machine Works Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Balaji Machine Works Private Limited has 7 deals on record (5 funding rounds, 2 rights issues), with disclosed funding of ₹6.6 Cr; the latest was in November 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Rights issue | ₹7.19 Cr | Investors: 3 individuals |
| Nov 2015 | Rights issue | ₹6.2 Lakh | Investors: 3 individuals |
| Mar 2015 | Funding round | ₹25 Lakh | Investors: 3 individuals |
| Sep 2012 | Funding round | ₹2.91 Cr | Investors: 3 individuals |
| Mar 2011 | Funding round | ₹2.32 Cr | Investors: 3 individuals |
To see the full deal history of Balaji Machine Works Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balaji Machine Works Private Limited has 44 court cases on record: 27 filed by Balaji Machine Works, 17 filed against it. 10 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 12 | 7 |
| District courts | 8 | 5 | 3 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The Nizam Sugars Limited, G. Vijay Anand Associates, G. Kiron Shetty,G. Vikash Anand,Kiran Venkatesh,Vedhashri Narasa,S.Ganesh | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by The Nizam Sugars Limited, G. Vijay Anand Associates, S.Ganesh,Vedhashri Narasa,Kiran Venkatesh,G. Vikash Anand,G. Kiron Shetty | Pending |
| Madras High Court | Writ petition | Filed against the company by Hotel R.E.Grand Pvt Ltd, | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Hotel R.E.Grand Pvt Ltd, | Disposed |
| District court, Coimbatore, Tamil Nadu | Court case (RTA) | Filed by the company against an individual | Pending |
To see the full case history of Balaji Machine Works Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balaji Machine Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Balaji Machine Works has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Solidaire India Limited | U31900TN1973PLC006379 |
To see the full group structure of Balaji Machine Works Private Limited, buy the company report.
Employees & EPFO
Balaji Machine Works Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Balaji Machine Works has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCB4721C1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaji Machine Works Private Limited, buy the company report.
Recent activity
Balaji Machine Works Private Limited has 6 board changes on record since 2002: 5 appointments and 1 cessation. The latest: Arumugam Arunachalam Nadar was appointed as Director on 28 Feb 2022.
18 earlier events are in the company report.
Frequently asked questions
Balaji Machine Works is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 September 2002 (24+ years old) and is registered under CIN U29100MH2002PTC137355.
Balaji Machine Works has 5 current directors:
- Sunderkanthy Sunderkanthy - Director
- Velmurugan Ganeshan - Director
- Veganeshan Nadar - Director
- Arumugam Arunachalam Nadar - Director
- Balamurugan Ganeshan - Director
The latest financial statements of Balaji Machine Works on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Balaji Machine Works is 33AACCB4721C1ZE, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Balaji Machine Works is U29100MH2002PTC137355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Machine Works has 44 court cases on record: 27 filed by the company and 17 filed against it. 10 are pending. Most are in the high courts.
Balaji Machine Works was incorporated on 25 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Balaji Machine Works has 7 deals on record (5 funding rounds, 2 rights issues), with disclosed funding of ₹6.6 Cr; the latest was in November 2017.
Arumugam Arunachalam Nadar was appointed as Director on 28 Feb 2022. Veganeshan Nadar was appointed as Director on 28 Feb 2022. Arumugam Arunachalam Nadar ceased to be Director on 01 Aug 2019. Balaji Machine Works has 6 board changes on record in total.
The registered office of Balaji Machine Works is at B8 Shivganga Apartmentzaver Road Mulund West, Mumbai, Maharashtra, India – 400080.
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