About Best and Young Engineers Private Limited
Data last updated:
Best and Young Engineers Private Limited is a private limited company based in Tumkur, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 28 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33302KA2004PTC033263. Its GSTIN is 29AACCB3796P1ZV (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18 Lakh. It is led by directors Ramesh Jagannathan and Nadaavatti Kumar Ganeshguru.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No 3 & 4 Kunigal Industrial Area 2nd Phase Kunigal, Tumkur, Karnataka, India – 572130.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.82 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Cr (net margin -59.1%) and EBITDA of -₹1.13 Cr (EBITDA margin -29.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 22% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.23 Cr and satisfied charges of ₹2.45 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bestandyoung.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 3 & 4 Kunigal Industrial Area 2nd Phase Kunigal, Tumkur, Karnataka, India – 572130
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Best and Young Engineers Private Limited
The main business activity of Best and Young Engineers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Best and Young Engineers Private Limited FY 2023 filings available
Best and Young Engineers Private Limited reported revenue of ₹3.82 Cr (down 38% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Best and Young Engineers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 38% fall in the latest year. EBITDA fell 276% 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 of Best and Young Engineers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.26 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Best and Young Engineers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -59.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Best and Young Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Best and Young Engineers Private Limited
Best and Young Engineers Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Planet Jewels Private Limited | ₹3.85 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Kundankali Jewells Private Limited | ₹3.85 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Meerut, Uttar Pradesh, India |
| Gourik Jewels Private Limited | ₹3.84 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Jaipur, Rajasthan, India |
| Kanakratna Jewellery Private Limited | ₹3.83 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Adwitiya Global Private Limited | ₹3.82 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Noida, Uttar Pradesh, India |
| Best and Young Engineers Private Limited this company | ₹3.82 Cr (FY 2023) | •••• | •••• | -38.0% | •••• | Tumkur, Karnataka, India |
| Turquoise Export Private Limited | ₹3.81 Cr (FY 2024) | •••• | •••• | 11704.0% | •••• | Sanand, Gujarat, India |
| Soneri Jewellers (India) Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | 163.0% | •••• | Mumbai, Maharashtra, India |
| Jewelfly India (OPC) Private Limited | ₹3.79 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Thane, Maharashtra, India |
| Ashir Jewels Private Limited | ₹3.79 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Vadodara, Gujarat, India |
| Urbankala Jewels Private Limited | ₹3.78 Cr (FY 2025) | •••• | •••• | •••• | Meerut, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Best and Young Engineers by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Best and Young Engineers Private Limited
Best and Young Engineers Private Limited is audited by CHANDRAN & RAMAN for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDRAN & RAMAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Best and Young Engineers Private Limited
Best and Young Engineers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Jagannathan | Director | 28 Jan 2004 | 22 Years 8 Months | Current |
| Nadaavatti Kumar Ganeshguru Also directs: Gaba Watch Cases Private Limited | Director | 28 Jan 2004 | 22 Years 8 Months | Current |
Ownership and Shareholding of Best and Young Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Best and Young Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2020 | Others | ₹20 Lakh | Open |
| 05 Dec 2019 | Others | ₹1.53 Cr | Open |
| 05 Dec 2019 | Others | ₹50 Lakh | Open |
| 16 May 2014 | Srei Equipment Finance Limited | ₹9 Lakh | Satisfied |
| 23 Apr 2012 | The Lakshmi Vilas Bank Limited | ₹27.5 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Best and Young Engineers Private Limited
Best and Young Engineers Private Limited has 5 court cases on record: 1 filed by Best and Young Engineers, 3 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Civil miscellaneous application | Filed against the company by Fossil India Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Fossil India Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Best and Young Engineers Private Limited
Best and Young Engineers Private Limited has a workforce of 1 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Best and Young Engineers Private Limited
Best and Young Engineers Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Badri Kadaba Raman ceased to be Director on 24 Mar 2012.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Best and Young Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Best and Young Engineers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Best and Young Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Best and Young Engineers Private Limited
Best and Young Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB3796P1ZV | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Best and Young Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Best and Young Engineers Private Limited
Best and Young Engineers is an active private limited company based in Tumkur, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 28 January 2004 (22+ years old) and is registered under CIN U33302KA2004PTC033263.
Best and Young Engineers reported revenue of ₹3.82 Cr for FY 2023 (down 38% YoY).
Best and Young Engineers has 2 current directors:
- Ramesh Jagannathan - Director
- Nadaavatti Kumar Ganeshguru - Director
Best and Young Engineers reported a net loss of ₹2.26 Cr (net margin -59.1%) and EBITDA of -₹1.13 Cr (EBITDA margin -29.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Best and Young Engineers is -16% over three years and -22% over five years. In the latest year (FY 2023) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Best and Young Engineers is 29AACCB3796P1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Best and Young Engineers is U33302KA2004PTC033263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best and Young Engineers has 5 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Best and Young Engineers was incorporated on 28 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Best and Young Engineers by revenue are Planet Jewels Private Limited, Kundankali Jewells Private Limited, Gourik Jewels Private Limited, Kanakratna Jewellery Private Limited, Adwitiya Global Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Badri Kadaba Raman ceased to be Director on 24 Mar 2012. Muniraju Mahadev ceased to be Director on 24 Mar 2012. Umesha Bangalore Nanjappa ceased to be Director on 24 Mar 2012. Best and Young Engineers has 6 board changes on record in total.