MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0040244
Equipments & Spares Engineering (India) Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹74.49 Cr
▲ 13% YoY
Net profit · FY 2024
₹43.55 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹2.85 Cr
EBITDA margin 3.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹7.85 Cr
Satisfied ₹5.76 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
106
Provident fund records
About Equipments & Spares Engineering (India) Private Limited
Data last updated:
Equipments & Spares Engineering (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 17 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29199KA1990PTC011149. Its GSTIN is 29AABCM5172F1ZG (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.94 Cr. It was formerly known as Mona Engineering Private Limited. It is led by directors including Kunal Bipin Patel (Managing Director) and Gajnur Ramarao Vasanthkumar.
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 Unit No. 304 3rd Floor Prizm Grey Stone No. 70/01 Millers Road, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2024, the company reported a revenue of ₹74.49 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹43.55 Lakh (net margin 0.6%) and EBITDA of ₹2.85 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Equipments and Spares. As per MCA filings, the company has open charges of ₹7.85 Cr and satisfied charges of ₹5.76 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Equipments & Spares Engineering (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0040244). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website equipmentsandspares.com.
Company details
CIN U29199KA1990PTC011149
Registration Number 011149
Incorporation Date 17 August 1990
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0040244
Key People
Kunal Bipin Patel Managing Director Gajnur Ramarao Vasanthkumar Director Shilpi Patel Kunal Director Recognitions & Rankings of Equipments & Spares Engineering (India)
Contact details
Equipments & Spares Engineering (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is equipmentsandspares.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 304 3rd Floor Prizm Grey Stone No. 70/01 Millers Road, Bangalore, Karnataka, India – 560052
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Equipments & Spares Engineering (India) Private Limited, buy the company report.
Comprehensive company report
Equipments & Spares Engineering (India) 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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Brands
Equipments & Spares Engineering (India) operates one associated brand: Equipments and Spares. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of industrial equipment and spares in South India. | equipmentsandspares.com |
Business activity
The main business activities of Equipments & Spares Engineering (India) are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Equipments & Spares Engineering (India) Private Limited, buy the company report.
Financials of Equipments & Spares Engineering (India) Private Limited
FY 2024 filings availableEquipments & Spares Engineering (India) Private Limited reported revenue of ₹74.49 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹74.49 Cr ▲ 13%
Net profit · FY 2024
₹43.55 Lakh margin 0.6%
EBITDA · FY 2024
₹2.85 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 17%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 3%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 13% growth in the latest year. EBITDA fell 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.55 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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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 Equipments & Spares Engineering (India) Private Limited, buy the company report.
Board of directors of Equipments & Spares Engineering (India) Private Limited
Equipments & Spares Engineering (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajnur Ramarao Vasanthkumar | Director | 17 Aug 1990 | 36 Years 2 Months | Current |
| Kunal Bipin Patel Also directs: Infantry Compressors and Nmachineries LLP | Managing Director | 10 May 2002 | 24 Years 5 Months | Current |
| Shilpi Patel Kunal Also directs: Infantry Compressors and Nmachineries LLP | Director | 01 Jul 2002 | 24 Years 3 Months | Current |
Peer comparison
Equipments & Spares Engineering (India) Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leister Technologies India Private Limited | ₹75.24 Cr (FY 2024) | 19.0% | Chennai, Tamil Nadu, India | |||
| Hi-Tech Air Power Private Limited | ₹75.17 Cr (FY 2016) | -7.0% | Bangalore, Karnataka, India | |||
| Equipage Infracore Private Limited | ₹75.09 Cr (FY 2025) | -17.0% | Bhubaneswar, Odisha, India | |||
| Equipments & Spares Engineering (India) Private Limitedthis company | ₹74.49 Cr (FY 2024) | ₹43.55 Lakh | 0.6% | 13.0% | 106 | Bangalore, Karnataka, India |
| R.K.Mittal Machinery Mart Private Limited | ₹74.32 Cr (FY 2024) | -1.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Equipments & Spares Engineering (India) Private Limited, buy the company report.
Auditor
Equipments & Spares Engineering (India) Private Limited is audited by NAGARAJAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGARAJAN & CO | FY 2022 | 002307S |
Shareholding
The shareholding of Equipments & Spares Engineering (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Equipments & Spares Engineering (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.85 Cr
Satisfied charges
₹5.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2023 | 100745275 | Axis Bank Limited | ₹1.1 Cr | Open | |
| 18 Jan 2021 | 100407381 | Others | ₹1.99 Cr | Open | |
| 28 Mar 2007 | 10051321 | State Bank of India | ₹4.76 Cr | Open | |
| 06 Jul 2013 | 10439456 | The Hongkong and Shanghai Banking Corporation Limited | ₹3.75 Cr | Satisfied | |
| 25 Nov 2009 | 10192825 | State Bank of Mysore | ₹24 Lakh | Satisfied |
To see the full charge records of Equipments & Spares Engineering (India) Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Equipments & Spares Engineering (India) Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Equipments & Spares Engineering (India) 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 Equipments & Spares Engineering (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Equipments & Spares Engineering (India) Private Limited has a workforce of 106 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
106
Active EPFO establishments
1
Employee growth
-4.5%
GST
Equipments & Spares Engineering (India) has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM5172F1ZG | Karnataka | Active | 01 Jul 2017 |
| 33AABCM5172F1ZR | Tamil Nadu | Active | 01 Jul 2017 |
| 36AABCM5172F1ZL | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Equipments & Spares Engineering (India) Private Limited, buy the company report.
Recent activity
Equipments & Spares Engineering (India) Private Limited has 4 board changes on record since 1990: 3 appointments and 1 cessation. The latest: Ashwin Ratilal Nagarwadia ceased to be Director on 10 Aug 2017.
AGM
Equipments & Spares Engineering (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Equipments & Spares Engineering (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 4.76 Cr registered on 28 Mar 2007 with Charge ID 10051321 was modified on 25 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100745275 was registered on 12 Jul 2023.
Charges
A charge with Others amounted to Rs. 1.99 Cr with Charge ID 100407381 was registered on 18 Jan 2021.
Charges
A charge registered on 25 Nov 2009 via Charge ID 10192825 with State Bank Of Mysore was fully satisfied on 13 Jan 2021.
Charges
A charge registered on 30 Jun 1998 via Charge ID 90194167 with State Bank Of Mysore was fully satisfied on 13 Jan 2021.
Charges
A charge registered on 10 Sep 1996 via Charge ID 90194040 with State Bank Of Mysore was fully satisfied on 13 Jan 2021.
Charges
A charge registered on 31 Jan 1994 via Charge ID 90193789 with State Bank Of Mysore was fully satisfied on 13 Jan 2021.
Ceased
Ashwin Ratilal Nagarwadia ceased to be Director.
Charges
A charge registered on 06 Jul 2013 via Charge ID 10439456 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 03 Oct 2013.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 3.75 Cr with Charge ID 10439456 was registered on 06 Jul 2013.
14 earlier events are in the company report.
Frequently asked questions
Equipments & Spares Engineering (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 17 August 1990 (36+ years old) and is registered under CIN U29199KA1990PTC011149.
Equipments & Spares Engineering (India) has 3 current directors:
- Kunal Bipin Patel - Managing Director
- Gajnur Ramarao Vasanthkumar - Director
- Shilpi Patel Kunal - Director
The latest financial statements of Equipments & Spares Engineering (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 Equipments & Spares Engineering (India) is 29AABCM5172F1ZG, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCM5172F1ZR (Tamil Nadu), 36AABCM5172F1ZL (Telangana).
The CIN (Corporate Identification Number) of Equipments & Spares Engineering (India) is U29199KA1990PTC011149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equipments & Spares Engineering (India) has 2 court cases on record: 2 filed against it.
Equipments & Spares Engineering (India) was incorporated on 17 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Equipments & Spares Engineering (India) by revenue are Leister Technologies India Private Limited, Hi-Tech Air Power Private Limited, Equipage Infracore Private Limited, R.K.Mittal Machinery Mart Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Ashwin Ratilal Nagarwadia ceased to be Director on 10 Aug 2017. Shilpi Patel Kunal was appointed as Director on 01 Jul 2002. Kunal Bipin Patel was appointed as Managing Director on 10 May 2002. Equipments & Spares Engineering (India) has 4 board changes on record in total.
Yes, Equipments & Spares Engineering (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0040244).
Equipments & Spares Engineering (India) can be reached through the website equipmentsandspares.com. Its registered office is in Bangalore, Karnataka, India.