MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-01-0059196
Bhavsar Foundries Private Limited - machinery and equipment in Ahmednagar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.54 Cr
▲ 20% YoY
Net profit · FY 2025
₹10.22 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹60.19 Lakh
EBITDA margin 3.4%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹5.4 Lakh
Issued & subscribed
Open charges
₹3.75 Cr
Secured borrowings
Company age
36 yrs
Est. 1990
Employees · EPFO
13
Provident fund records
About Bhavsar Foundries Private Limited
Data last updated:
Bhavsar Foundries Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 07 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN1990PTC056771. Its GSTIN is 27AAACB9394F1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5.4 Lakh. It is led by directors including Shilpa Tejas Kathade and Kiran Ramchandra Kathade.
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 Plot No 40 MIDC Area Ahmednagar – 414111., Maharashtra, India – 414111.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.54 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹10.22 Lakh (net margin 0.6%) and EBITDA of ₹60.19 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.75 Cr on record.
Bhavsar Foundries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0059196). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starcasting.in.
Company details
CIN U74999PN1990PTC056771
Registration Number 056771
Incorporation Date 07 June 1990
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-01-0059196
CIN history
Bhavsar Foundries has one previous CIN (Corporate Identification Number): U74999MH1990PTC056771. The current CIN is U74999PN1990PTC056771, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999PN1990PTC056771 | Current |
| U74999MH1990PTC056771 | Previous |
Key People
Shilpa Tejas Kathade Director Kiran Ramchandra Kathade Director Kavita Kiran Kathade Director Recognitions & Rankings of Bhavsar Foundries
Contact details
Bhavsar Foundries Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is starcasting.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 40 MIDC Area Ahmednagar – 414111., Maharashtra, India – 414111
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Bhavsar Foundries Private Limited, buy the company report.
Comprehensive company report
Bhavsar Foundries 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 Bhavsar Foundries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Bhavsar Foundries Private Limited, buy the company report.
Financials of Bhavsar Foundries Private Limited
FY 2025 filings availableBhavsar Foundries Private Limited reported revenue of ₹17.54 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹17.54 Cr ▲ 20%
Net profit · FY 2025
₹10.22 Lakh margin 0.6%
EBITDA · FY 2025
₹60.19 Lakh margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 5%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 50%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 20% growth in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹60.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bhavsar Foundries Private Limited, buy the company report.
Board of directors of Bhavsar Foundries Private Limited
Bhavsar Foundries has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Tejas Kathade Also directs: Mars Horticulture Products Pvt Ltd, Kiaan Engineering Private Limited, KTK Engineering LLP and 1 more | Director | 15 Oct 2021 | 5 Years 0 Months | Current |
| Kiran Ramchandra Kathade | Director | 10 Dec 2021 | 4 Years 10 Months | Current |
| Kavita Kiran Kathade | Director | 15 Oct 2021 | 5 Years 0 Months | Current |
| Tejas Kiran Kathade | Director | 07 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Bhavsar Foundries Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akaar Founders Private Limited | ₹17.62 Cr (FY 2024) | -42.0% | Bag Belgaum, Karnataka, India | |||
| Omg Auto Mould Private Limited | ₹17.59 Cr (FY 2024) | 19.0% | Vasai, Thane, Maharashtra, India | |||
| Bhavsar Foundries Private Limitedthis company | ₹17.54 Cr (FY 2025) | ₹10.22 Lakh | 0.6% | 20.0% | 13 | Ahmednagar, Maharashtra, India |
| Nik Fasteners Private Limited | ₹17.5 Cr (FY 2025) | 43.0% | Sonipat, Haryana, India | |||
| Unique Auto Tools Private Limited | ₹17.49 Cr (FY 2025) | 35.0% | Ballabgarh, Haryana, India |
To see the full peer comparison of Bhavsar Foundries Private Limited, buy the company report.
Auditor
Bhavsar Foundries Private Limited is audited by ABHAY BHANDARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY BHANDARI | FY 2023 | 040863 |
Shareholding
The shareholding of Bhavsar Foundries 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 Bhavsar Foundries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2023 | 100687739 | Others | ₹2.85 Cr | Open | |
| 26 Jul 2000 | 90082661 | Others | ₹75 Lakh | Open | |
| 03 Mar 1997 | 90088026 | Central Bank of India | ₹15 Lakh | Open |
To see the full charge records of Bhavsar Foundries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Bhavsar Foundries 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 Bhavsar Foundries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhavsar Foundries Private Limited has a workforce of 13 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-7.14%
GST
Bhavsar Foundries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB9394F1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AAACB9394F1DP | Maharashtra | Active | 29 Nov 2024 |
To see the full GST registrations and return filing status of Bhavsar Foundries Private Limited, buy the company report.
Recent activity
Bhavsar Foundries Private Limited has 10 board changes on record since 2014: 4 appointments and 6 cessations. The latest: Kavita Kiran Kathade ceased to be Additional Director on 30 Sep 2022.
AGM
Bhavsar Foundries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhavsar Foundries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 285.00 Lakh registered on 24 Jan 2023 with Charge ID 100687739 was modified on 22 Oct 2024.
Charges
A charge with Others amounted to Rs. 285.00 Lakh with Charge ID 100687739 was registered on 24 Jan 2023.
Ceased
Kavita Kiran Kathade ceased to be Additional Director.
Ceased
Shilpa Tejas Kathade ceased to be Additional Director.
Appointed
Kiran Ramchandra Kathade was appointed as Director.
Ceased
Anil Chhajulal Khandelwal ceased to be Director.
Ceased
Ashok Chhajulal Khandelwal ceased to be Director.
Appointed
Kavita Kiran Kathade was appointed as Director.
Appointed
Shilpa Tejas Kathade was appointed as Director.
Charges
A charge with Others of Rs. 75.00 Lakh registered on 26 Jul 2000 with Charge ID 90082661 was modified on 26 Aug 2019.
6 earlier events are in the company report.
Frequently asked questions
Bhavsar Foundries is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 07 June 1990 (36+ years old) and is registered under CIN U74999PN1990PTC056771.
Bhavsar Foundries has 4 current directors:
- Shilpa Tejas Kathade - Director
- Kiran Ramchandra Kathade - Director
- Kavita Kiran Kathade - Director
- Tejas Kiran Kathade - Director
The latest financial statements of Bhavsar Foundries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhavsar Foundries is 27AAACB9394F1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACB9394F1DP (Maharashtra).
The CIN (Corporate Identification Number) of Bhavsar Foundries is U74999PN1990PTC056771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavsar Foundries was incorporated on 07 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Bhavsar Foundries by revenue are Akaar Founders Private Limited, Omg Auto Mould Private Limited, Nik Fasteners Private Limited, Unique Auto Tools Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Kavita Kiran Kathade ceased to be Additional Director on 30 Sep 2022. Shilpa Tejas Kathade ceased to be Additional Director on 30 Sep 2022. Kiran Ramchandra Kathade was appointed as Director on 10 Dec 2021. Bhavsar Foundries has 10 board changes on record in total.
Yes, Bhavsar Foundries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-01-0059196).
Bhavsar Foundries can be reached through the website starcasting.in. Its registered office is in Ahmednagar, Maharashtra, India.
The registered office of Bhavsar Foundries is at Plot No 40 MIDC Area Ahmednagar – 414111., Maharashtra, India – 414111.
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