About Dhanada Engineering Private Limited
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Dhanada Engineering Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Dhanada Corporation Limited. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 29 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909MH1997PTC107644. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.35 Cr. It was formerly known as Malkan Engineering Private Limited. It is led by directors including Ramesh Ramchandra Havele and Veena Ramesh Havele.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 5B/14 Laxminarayan Nagar S No 11/12 Part Erandvana, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.65 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Cr and EBITDA of ₹1.13 Lakh (EBITDA margin 68.5%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹6.38 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 2 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹7.48 Cr; the latest was in December 2017. Its 10 peer companies in the Engineering industry (Foundry and Fabrication) are compared by revenue, 5 larger and 5 smaller; the largest is Ibcc Manufacturing Solutions (India) Private Limited with revenue of ₹1.75 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhanadacorp.com.
Company details
Contact details
Dhanada Engineering Private Limited's registered office is in Pune, Maharashtra. Its website is dhanadacorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5B/14 Laxminarayan Nagar S No 11/12 Part Erandvana, Pune, Maharashtra, India – 411004
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Dhanada Engineering 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
Financials of Dhanada Engineering Private Limited
FY 2021 filings availableDhanada Engineering Private Limited reported revenue of ₹1.65 Lakh (up 6% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 3% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.13 Lakh | ||||
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| Net Profit (PAT) | -₹1.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 68.5% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Dhanada Engineering Private Limited, buy the company report.
Board of directors of Dhanada Engineering Private Limited
Dhanada Engineering has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Ramchandra Havele Also directs: Dhanada Corporation Limited, Dhanada Holdings Private Limited, Dhanada Clean Energy (India) Private Limited and 1 more | Director | 15 Nov 2007 | 18 Years 11 Months | Current |
| Veena Ramesh Havele Also directs: Dhanada Corporation Limited, Dhanada Holdings Private Limited, Dhanada Clean Energy (India) Private Limited and 1 more | Director | 15 Nov 2007 | 18 Years 11 Months | Current |
| Shreeniwas Gajanan Kale | Director | 25 Mar 2009 | 17 Years 7 Months | Current |
Peer comparison
Dhanada Engineering Private Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ibcc Manufacturing Solutions (India) Private Limited | ₹1.75 Lakh (FY 2025) | -99.0% | Bavla, Gujarat, India | |||
| Monga Ispat Limited | ₹1.7 Lakh (FY 2021) | -100.0% | Ludhiana, Punjab, India | |||
| Keyem Forge Pvt Ltd | ₹1.68 Lakh (FY 2025) | 4.0% | Palakkad, Kerala, India | |||
| Bell Forging and Stampings Private Limited | ₹1.66 Lakh (FY 2025) | -97.0% | Uttar Pradesh, India | |||
| Best Metals Private Limited | ₹1.66 Lakh (FY 2022) | 32.0% | New Delhi, Delhi, India | |||
| Dhanada Engineering Private Limitedthis company | ₹1.65 Lakh (FY 2021) | -₹1.54 Cr | 6.0% | Pune, Maharashtra, India | ||
| Iyappa Aluminium Solutions Private Limited | ₹1.65 Lakh (FY 2024) | Sankari, Tamil Nadu, India | ||||
| Waheguru Steel Structural Private Limited | ₹1.65 Lakh (FY 2025) | 198.0% | Delhi, India | |||
| Vinprocess Technologies India Private Limited | ₹1.64 Lakh (FY 2025) | -98.0% | Ottapalam, Kerala, India | |||
| Asvik Valves Private Limited | ₹1.63 Lakh (FY 2024) | 3001.0% | Mumbai, Maharashtra, India | |||
| SSDR Engineering & Fabrication Private Limited | ₹1.63 Lakh (FY 2022) | -65.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Dhanada Engineering Private Limited, buy the company report.
Auditor
Dhanada Engineering Private Limited is audited by G K CHANDAVARKAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K CHANDAVARKAR & CO | FY 2020 | 115924W |
Shareholding
The shareholding of Dhanada Engineering Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dhanada Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2008 | 10114075 | The Saraswat Co - Operative Bank Limited | ₹25 Lakh | Open | |
| 02 Jul 2008 | 10114076 | Phoenix Arc Private Limited | ₹5.2 Cr | Open | |
| 02 Jul 2008 | 10114271 | The Saraswat Co - Operative Bank Limited | ₹75 Lakh | Open | |
| 18 Jun 2008 | 10111756 | The Saraswat Co - Operative Bank Limited | ₹18.48 Lakh | Open |
To see the full charge records of Dhanada Engineering Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Dhanada Engineering Private Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹7.48 Cr; the latest was in December 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Dhanada Corporation Limited |
| Mar 2015 | Funding round | ₹2.21 Cr | Investors: Dhanada Corporation Limited |
| Mar 2012 | Funding round | ₹93.4 Lakh | Investors: Dhanada Corporation Limited |
| Jul 2010 | Funding round | ₹70.1 Lakh | Investors: Dhanada Corporation Limited |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: Dhanada Corporation Limited Seller: an individual |
To see the full deal history of Dhanada Engineering 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
Dhanada Engineering Private Limited has 10 court cases on record: 2 filed by Dhanada Engineering, 8 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 1 |
| District courts | 2 | 2 | 1 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Phoenix Arc Private Limited Acting in Its Capacity As Trustee of Phoenix Trust Fy 14-13(Scheme B) | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Phoenix Arc Private Limited Acting in Its Capacity As Trustee of Phoenix Trust Fy 14-13 Scheme-B | Disposed |
| Bombay High Court | Court case (APEAL) | Filed against the company by Dhanada Corporation Ltd and Ors | Disposed |
| Bombay High Court | Court case (APPA) | Filed against the company by Dhanada Corporation Ltd and Ors | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Dhanada Engineering 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 Dhanada Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dhanada Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dhanada Engineering Private Limited, buy the company report.
Recent activity
Dhanada Engineering Private Limited has 7 board changes on record since 1997: 5 appointments and 2 cessations. The latest: Nitin Govind Pargaonkar ceased to be Managing Director on 04 Aug 2016.
3 earlier events are in the company report.
Frequently asked questions
Dhanada Engineering is an active private limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 29 April 1997 (29+ years old) and is registered under CIN U31909MH1997PTC107644.
Dhanada Engineering has 3 current directors:
- Ramesh Ramchandra Havele - Director
- Veena Ramesh Havele - Director
- Shreeniwas Gajanan Kale - Director
The latest financial statements of Dhanada Engineering on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Dhanada Engineering has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Dhanada Engineering is U31909MH1997PTC107644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanada Engineering has 10 court cases on record: 2 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Dhanada Engineering was incorporated on 29 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Dhanada Engineering has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹7.48 Cr; the latest was in December 2017.
The peers of Dhanada Engineering by revenue are Ibcc Manufacturing Solutions (India) Private Limited, Monga Ispat Limited, Keyem Forge Pvt Ltd, Bell Forging and Stampings Private Limited, Best Metals Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Nitin Govind Pargaonkar ceased to be Managing Director on 04 Aug 2016. Shreeniwas Gajanan Kale was appointed as Director on 25 Mar 2009. Manjiri Nitin Pargaonkar ceased to be Director on 23 Jan 2008. Dhanada Engineering has 7 board changes on record in total.
Dhanada Engineering can be reached through the website dhanadacorp.com. Its registered office is in Pune, Maharashtra, India.