Best Machinetools Private Limited
About Best Machinetools Private Limited
Data last updated:
Best Machinetools Private Limited is a private limited company based in Kannur, Kerala, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 23 February 2022.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52399KL2022PTC074202. Its GSTIN is 32AAKCB5471B1Z1 (Kerala).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akshay Thazhe Veedu (Managing Director) and Pradeep Keloth Kaitheriedathil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 46/2658 Best Arena Nr Sannidhanam Tourist Home South Bazar, Kannur, Kerala, India – 670002.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.22 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹9.95 Lakh (net margin 1%) and EBITDA of ₹15.69 Lakh (EBITDA margin 1.5%).
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.75 Cr on record.
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- Registered Address46/2658 Best Arena Nr Sannidhanam Tourist Home South Bazar, Kannur, Kerala, India – 670002
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Machinetools Private Limited
The main business activity of Best Machinetools is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Machinetools Private Limited FY 2025 filings available
Best Machinetools Private Limited reported revenue of ₹10.22 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Best Machinetools Private Limited
Revenue rose 27% in the latest year. EBITDA rose 66% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Best Machinetools Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹15.69 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.95 Lakh | •••• | •••• |
| 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 Machinetools Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.5% | •••• | •••• |
| Net Profit Margin | 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 Machinetools are in the company report.
Financial statements from FY 2022
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 Machinetools Private Limited
Best Machinetools Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toshniwal Brothers (Sr) Private Limited | ₹10.23 Cr (FY 2022) | •••• | •••• | 42.0% | •••• | Tamil Nadu, India |
| Parwati Buildtech Private Limited | ₹10.22 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Gaya, Bihar, India |
| Sam Equipment & Traders Private Limited | ₹10.22 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Patna, Bihar, India |
| Aerotech Engineering India Private Limited | ₹10.22 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Hanuman Explosives Private Limited | ₹10.22 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Tiruppur Dt, Tamil Nadu, India |
| Best Machinetools Private Limited this company | ₹10.22 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Kannur, Kerala, India |
| Harsh VLH Technologies Private Limited | ₹10.2 Cr (FY 2023) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Sukh & Noors Epc Ventures Private Limited | ₹10.18 Cr (FY 2025) | •••• | •••• | 1727.0% | •••• | Khanna, Punjab, India |
| Abcc Builders Private Limited | ₹10.17 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Vadodara, Gujarat, India |
| Tirupati Fitting Suppliers Private Limited | ₹10.16 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Growston Technologies Private Limited | ₹10.15 Cr (FY 2025) | •••• | •••• | 243.0% | •••• | Panipat, Haryana, India |
Peers are the five companies nearest above and the five nearest below Best Machinetools by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), 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 Machinetools Private Limited
Best Machinetools Private Limited is audited by MOHAN & MOHAN ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOHAN & MOHAN ASSOCIATES | 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 Machinetools Private Limited
Best Machinetools has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Keloth Kaitheriedathil Also directs: Jyothis Properties Private Limited, Jyothis Associates Private Limited, Jyothis Enterprises Private Limited and 1 more | Director | 23 Feb 2022 | 4 Years 7 Months | Current |
| Akshay Thazhe Veedu Also directs: Jyothis Enterprises Private Limited | Managing Director | 23 Feb 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Best Machinetools 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 Machinetools Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 31 Jan 2024 | Canara Bank | ₹1.45 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Best Machinetools Private Limited
Employment history and EPFO contributions of people linked to Best Machinetools.
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 Machinetools Private Limited
Best Machinetools Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Akshay Thazhe Veedu was appointed as Managing Director on 23 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Best Machinetools 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 Machinetools 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 Machinetools 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 Machinetools Private Limited
Best Machinetools has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAKCB5471B1Z1 | Kerala | Active | 18 Mar 2022 |
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 Machinetools 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 Machinetools Private Limited
Best Machinetools is an active private limited company based in Kannur, Kerala, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 23 February 2022 (4+ years old) and is registered under CIN U52399KL2022PTC074202.
Best Machinetools reported revenue of ₹10.22 Cr for FY 2024 (up 27% YoY).
Best Machinetools has 2 current directors:
- Akshay Thazhe Veedu - Managing Director
- Pradeep Keloth Kaitheriedathil - Director
Best Machinetools reported a net profit of ₹9.95 Lakh (net margin 1%) and EBITDA of ₹15.69 Lakh (EBITDA margin 1.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Best Machinetools is 32AAKCB5471B1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Best Machinetools is U52399KL2022PTC074202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best Machinetools was incorporated on 23 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Best Machinetools by revenue are Toshniwal Brothers (Sr) Private Limited, Parwati Buildtech Private Limited, Sam Equipment & Traders Private Limited, Aerotech Engineering India Private Limited, Hanuman Explosives Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Akshay Thazhe Veedu was appointed as Managing Director on 23 Feb 2022. Pradeep Keloth Kaitheriedathil was appointed as Director on 23 Feb 2022.
The registered office of Best Machinetools is at 462658 Best Arena Nr Sannidhanam Tourist Home South Bazar, Kannur, Kerala, India – 670002.
Best Machinetools has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.