- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0060724

About Egearz Private Limited
Data last updated:
Egearz Private Limited is a private limited company based in Satara, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 24 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34300PN2019PTC187445. Its GSTIN is 27AAFCE6816Q1Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.77 Lakh. It is led by directors including Niranjan Madhukar Narkhede and Shubhada Bipin Thanekar.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G. No. 457 458 Plot No.03 Shindewadi Khandala, Satara, Maharashtra, India – 412801.
As per the financials filed for FY 2025, the company reported a revenue of ₹209.18 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹13.91 Cr (net margin 6.7%) and EBITDA of ₹27.88 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 248% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹131.21 Cr on record. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.51 Cr; the latest was in September 2022. Its 3 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Shivalik Auto Engineering Private Limited with revenue of ₹212.27 Cr. The company has 18 MSME Form 1 returns on record between 2021 and 2024, listing 10,738 overdue payments to 60 micro and small suppliers.
Egearz Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0060724). For more details, the company can be reached via its website egearz.co.
Company details
Recognitions & Rankings of Egearz
Contact details
Egearz Private Limited's registered office is in Satara, Maharashtra. Its website is egearz.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG. No. 457 458 Plot No.03 Shindewadi Khandala, Satara, Maharashtra, India – 412801
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Egearz 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
Business activity
The main business activity of Egearz 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 Egearz Private Limited, buy the company report.
Financials of Egearz Private Limited
FY 2025 filings availableEgearz Private Limited reported revenue of ₹209.18 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 248% over five years, including 46% growth in the latest year. EBITDA rose 49% 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 |
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| EBITDA | ₹27.88 Cr | ||||
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| Net Profit (PAT) | ₹13.91 Cr | ||||
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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 | 13.3% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Egearz Private Limited, buy the company report.
Board of directors of Egearz Private Limited
Egearz has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Madhukar Narkhede | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Shubhada Bipin Thanekar | Director | 21 Oct 2020 | 6 Years 0 Months | Current |
| Sonal Niranjan Narkhede Also directs: Voltix Semicon Private Limited, Maven Tools and Technologies Private Limited, Egearz Sintered Products Private Limited and 2 more | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Vijay Vasant Kulkarni Also directs: Promarc Properties LLP, Tribute Construction Rising LLP, Luxus Westfield 51 Realty LLP and 4 more | Director | 01 Jan 2021 | 5 Years 10 Months | Current |
Peer comparison
Egearz Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), 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 |
|---|---|---|---|---|---|---|
| Shivalik Auto Engineering Private Limited | ₹212.27 Cr (FY 2023) | 90.0% | Raipur, Chhattisgarh, India | |||
| Yorozu JBM Automotive Tamil Nadu Private Limited | ₹210.4 Cr (FY 2025) | -6.0% | Sriperumbudur, Tamil Nadu, India | |||
| Egearz Private Limitedthis company | ₹209.18 Cr (FY 2025) | ₹13.91 Cr | 6.7% | 46.0% | 56 | Satara, Maharashtra, India |
| Simmonds Marshall Limited | ₹208.39 Cr (FY 2025) | 8.0% | Pune, Maharashtra, India |
To see the full peer comparison of Egearz Private Limited, buy the company report.
Auditor
Egearz Private Limited is audited by Bal Bathia & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bal Bathia & Co. | FY 2022 | 112679W |
Shareholding
The shareholding of Egearz Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Egearz Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2025 | 101162387 | Sidbi | ₹8.05 Cr | Open | |
| 20 Nov 2024 | 101046800 | Hdfc Bank Limited | ₹8.86 Lakh | Open | |
| 03 Aug 2024 | 100978773 | Hdfc Bank Limited | ₹46.08 Lakh | Open | |
| 03 Aug 2024 | 100978766 | Hdfc Bank Limited | ₹18.26 Lakh | Open | |
| 31 Jul 2024 | 100978763 | Hdfc Bank Limited | ₹7.3 Lakh | Open |
To see the full charge records of Egearz Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Egearz Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.51 Cr; the latest was in September 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹5.43 Cr | Investors: 3 individuals |
| Jun 2021 | Funding round | ₹2.08 Cr | Investors: Maven Tools And Techbologies Private Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Egearz 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
Egearz Private Limited has 18 MSME Form 1 returns on record between 2021 and 2024, listing 10,738 overdue payments to 60 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 60)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Sai Computer Services | |||
| an individual supplier |
To see the full MSME payment records of Egearz Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Egearz Private Limited has a workforce of 56 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Egearz has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE6816Q1Z0 | Maharashtra | Active | 19 Mar 2020 |
To see the full GST registrations and return filing status of Egearz Private Limited, buy the company report.
Recent activity
Egearz Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Vijay Vasant Kulkarni ceased to be Additional Director on 30 Nov 2021.
6 earlier events are in the company report.
Frequently asked questions
Egearz is an active private limited company based in Satara, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 24 October 2019 (7+ years old) and is registered under CIN U34300PN2019PTC187445.
Egearz has 4 current directors:
- Niranjan Madhukar Narkhede - Director
- Shubhada Bipin Thanekar - Director
- Sonal Niranjan Narkhede - Director
- Vijay Vasant Kulkarni - Director
The latest financial statements of Egearz on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Egearz is 27AAFCE6816Q1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Egearz is U34300PN2019PTC187445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Egearz was incorporated on 24 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Egearz has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.51 Cr; the latest was in September 2022.
The peers of Egearz by revenue are Shivalik Auto Engineering Private Limited, Yorozu JBM Automotive Tamil Nadu Private Limited, Simmonds Marshall Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products).
Vijay Vasant Kulkarni ceased to be Additional Director on 30 Nov 2021. Vijay Vasant Kulkarni was appointed as Director on 01 Jan 2021. Shubhada Bipin Thanekar ceased to be Additional Director on 30 Dec 2020. Egearz has 6 board changes on record in total.
Yes, Egearz is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0060724).
Egearz has 18 MSME Form 1 returns on record between 2021 and 2024, listing 10,738 overdue payments to 60 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Egearz can be reached through the website egearz.co. Its registered office is in Satara, Maharashtra, India.

