About Creative Manufacturing Solutions (India) Private Limited
Data last updated:
Creative Manufacturing Solutions (India) Private Limited is a private limited company based in Pernem, Goa, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U29248GA2009PTC006186. Its GSTIN is 30AADCC8454G1ZW (Goa). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹6.62 Cr and a paid-up capital of ₹4.97 Cr. It is led by directors including Sunil Manohar Pai Kane and Manik Devidaspai Kane.
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 Plot No. 23 Tuem Industrial Estate Tuem, Pernem, Goa, India – 403512.
As per the financials filed for FY 2025, the company reported a revenue of ₹312.75 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹39.58 Lakh (net margin 0.1%) and EBITDA of ₹8.53 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
The company has about 177 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹93.63 Cr and satisfied charges of ₹32.34 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in September 2023. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 74 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paikane.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 23 Tuem Industrial Estate Tuem, Pernem, Goa, India – 403512
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
The main business activity of Creative Manufacturing Solutions (India) is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
| 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
Financials of Creative Manufacturing Solutions (India) Private Limited
FY 2024 filings availableCreative Manufacturing Solutions (India) Private Limited reported revenue of ₹312.75 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 8% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹8.53 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹39.58 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.7% | |
| Net Profit Margin | 0.1% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Creative Manufacturing Solutions (India) are in the company report.
: available in the company report
Board of Directors of Creative Manufacturing Solutions (India) Private Limited
Creative Manufacturing Solutions (India) has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Manohar Pai Kane Also directs: Power Engineering (India) Private Limited | Director | 20 Jun 2024 | 2 Years 4 Months | Current |
| Manik Devidaspai Kane | Director | 19 Oct 2012 | 14 Years 0 Months | Current |
| Sandip Nandkumar Redkar | Director | 07 Mar 2018 | 8 Years 7 Months | Current |
| Atul Devidas Pai Kane Also directs: Power Engineering (India) Private Limited | Director | 23 Sep 2013 | 13 Years 0 Months | Current |
Auditor Details
Creative Manufacturing Solutions (India) Private Limited is audited by S.P. BHANDARE AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.P. BHANDARE AND ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2024 | Others | ₹10.5 Cr | Open |
| 02 Apr 2024 | Hdfc Bank Limited | ₹10.51 Lakh | Open |
| 28 Nov 2023 | Hdfc Bank Limited | ₹2.9 Cr | Open |
| 03 Jul 2023 | Hdfc Bank Limited | ₹20.83 Lakh | Open |
| 09 Mar 2022 | Hdfc Bank Limited | ₹39.85 Lakh | Open |
Total charge records: 16 View all charges
Deals & Funding
Creative Manufacturing Solutions (India) Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in September 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2012 | Funding round | ₹1.59 Cr | Investors: Gopalkrishna Investments Trust, 2 individuals |
| Mar 2010 | Funding round | ₹2.4 Cr | Investors: Acoustic Components Private Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Creative Manufacturing Solutions (India) Private Limited has 3 court cases on record: 2 filed by Creative Manufacturing Solutions (India), 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Civil suit | Filed by the company against Symcon Industries Pvt. Ltd THR Authorised Signatory Manoj Miranda | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S. Mita Fasteners Pvt. Ltd., Through - Mr. Deepak C. Shah | Disposed |
| District court, North Goa, Goa | Original application | Filed by the company against M/S. Saikrupa Enterprises | Disposed |
: available in 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
Creative Manufacturing Solutions (India) Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 74 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Goa Paints and Allied Products Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Monarch Self Adhesive Tapes and Foams (India) Private Limited | •••• | •••• | •••• |
| Nrack Accessories Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Creative Manufacturing Solutions (India) Private Limited has a workforce of 177 employees as of Apr 05, 2024.
: available in the company report
Group Structure
Creative Manufacturing Solutions (India) has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity
Creative Manufacturing Solutions (India) Private Limited has 12 board changes on record since 2012: 4 appointments and 8 cessations. The latest: Sunil Manohar Pai Kane was appointed as Director on 20 Jun 2024.
29 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Creative Manufacturing Solutions (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCC8454G1ZW | Goa | Active | 01 Jul 2017 |
| 27AADCC8454G1ZJ | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Creative Manufacturing Solutions (India) is an active private limited company based in Pernem, Goa, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 October 2009 (17+ years old) and is registered under CIN U29248GA2009PTC006186.
Creative Manufacturing Solutions (India) has 4 current directors:
- Sunil Manohar Pai Kane - Director
- Manik Devidaspai Kane - Director
- Sandip Nandkumar Redkar - Director
- Atul Devidas Pai Kane - Director
The latest financial statements of Creative Manufacturing Solutions (India) 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 Creative Manufacturing Solutions (India) is 30AADCC8454G1ZW, registered in Goa. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCC8454G1ZJ (Maharashtra).
The CIN (Corporate Identification Number) of Creative Manufacturing Solutions (India) is U29248GA2009PTC006186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Creative Manufacturing Solutions (India) has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Creative Manufacturing Solutions (India) was incorporated on 05 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Goa.
Creative Manufacturing Solutions (India) has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in September 2023.
Sunil Manohar Pai Kane was appointed as Director on 20 Jun 2024. Naresh Shrinivas Pai ceased to be Director on 14 May 2020. Sanjay Laxman Raut ceased to be Additional Director on 11 Oct 2019. Creative Manufacturing Solutions (India) has 12 board changes on record in total.
Creative Manufacturing Solutions (India) has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 74 overdue payments to 8 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Creative Manufacturing Solutions (India) can be reached through the website paikane.com. Its registered office is in Pernem, Goa, India.