About Excel Metal Engineering Private Limited
Data last updated:
Excel Metal Engineering Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 15 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27320KA2000PTC026615. Its GSTIN is 29AAACE7413L1ZG (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.4 Cr. It is led by directors including Narayanan Padinhyare Veettil (Managing Director) and Sasi Padinhyare Veettil (Whole-Time Director).
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 No.340 4th Phase 9th Cross Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹399.79 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹19.21 Cr (net margin 4.8%) and EBITDA of ₹35.26 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 35% over five years.
The company has about 204 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.72 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excelmetalengineering.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.340 4th Phase 9th Cross Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 of Excel Metal Engineering Private Limited
The main business activity of Excel Metal Engineering is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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
Verified entity values are shown only after access is granted.
Financials of Excel Metal Engineering Private Limited FY 2024 filings available
Excel Metal Engineering Private Limited reported revenue of ₹399.79 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Excel Metal Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 12% growth in the latest year. EBITDA rose 29% 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 of Excel Metal Engineering Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹35.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.21 Cr | •••• | •••• | •••• | •••• |
| 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 of Excel Metal Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.8% | •••• | •••• | •••• | •••• |
| 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 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 Excel Metal Engineering are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Excel Metal Engineering Private Limited
Excel Metal Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ingersoll - Rand Technologies and Services Private Limited | •••• | •••• | •••• | •••• | 356 | Bengaluru, Karnataka, India |
| Misumi India Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Swastid Engineering Private Limited | •••• | •••• | •••• | •••• | 124 | Haveli, Maharashtra, India |
| Igw India Technologies Private Limited | •••• | •••• | •••• | •••• | 588 | Alandi, Maharashtra, India |
| Fastenex Private Limited | •••• | •••• | •••• | •••• | 659 | Pondicherry, India |
| Excel Metal Engineering Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Sandhar Engineering Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Balaji Precision Components Private Limited | •••• | •••• | •••• | •••• | 455 | New Delhi, Delhi, India |
| Shakti Precision Components (India) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Kems Forgings Limited | •••• | •••• | •••• | •••• | 290 | Bangalore, Karnataka, India |
| Sanko Gosei Technology India Private Limited | •••• | •••• | •••• | •••• | 95 | Mandal, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Excel Metal Engineering by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Excel Metal Engineering Private Limited
Excel Metal Engineering Private Limited is audited by DVR Kumar & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DVR Kumar & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Excel Metal Engineering Private Limited
Excel Metal Engineering has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sasi Padinhyare Veettil | Whole-Time Director | 15 Mar 2000 | 26 Years 6 Months | Current |
| Janani Koliyattu Veettil | Whole-Time Director | 15 Mar 2000 | 26 Years 6 Months | Current |
| Vineeth Also directs: Shimero Private Limited | Director | 13 Jul 2021 | 5 Years 2 Months | Current |
| Narayanan Padinhyare Veettil | Managing Director | 15 Mar 2000 | 26 Years 6 Months | Current |
Ownership and Shareholding of Excel Metal Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Excel Metal Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2021 | Others | ₹2 Cr | Open |
| 27 Dec 2019 | The South Indian Bank Limited | ₹27.03 Cr | Open |
| 05 Feb 2015 | Tata Capital Financial Services Limited | ₹4 Cr | Open |
| 08 May 2000 | State Bank of India | ₹4.69 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of Excel Metal Engineering Private Limited
Excel Metal Engineering Private Limited has 4 court cases on record: 4 filed by Excel Metal Engineering. 3 cases are pending and 1 is disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Labout Commissioner | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Labour Commissioner | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Excel Metal Engineering Private Limited
Excel Metal Engineering Private Limited has 5 MSME Form 1 returns on record between 2020 and 2022, listing 28 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alchemy Surface Technologies | •••• | •••• | •••• |
| Arce Polymers Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Metal Best Corporation | •••• | •••• | •••• |
| Krishna Engineering Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 at Excel Metal Engineering Private Limited
Excel Metal Engineering Private Limited has a workforce of 204 employees as of Mar 22, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Excel Metal Engineering Private Limited
Excel Metal Engineering Private Limited has 5 board changes on record since 2000: 4 appointments and 1 cessation. The latest: Vineeth ceased to be Additional Director on 30 Nov 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Excel Metal Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Excel Metal Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Excel Metal Engineering Private Limited
Excel Metal Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE7413L1ZG | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Excel Metal Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Excel Metal Engineering Private Limited
Excel Metal Engineering is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 15 March 2000 (26+ years old) and is registered under CIN U27320KA2000PTC026615.
Excel Metal Engineering reported revenue of ₹399.79 Cr for FY 2024 (up 12% YoY).
Excel Metal Engineering has 4 current directors:
- Narayanan Padinhyare Veettil - Managing Director
- Sasi Padinhyare Veettil - Whole-Time Director
- Janani Koliyattu Veettil - Whole-Time Director
- Vineeth - Director
Excel Metal Engineering reported a net profit of ₹19.21 Cr (net margin 4.8%) and EBITDA of ₹35.26 Cr (EBITDA margin 8.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Excel Metal Engineering is 61% over three years and 35% over five years. In the latest year (FY 2024) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Excel Metal Engineering is 29AAACE7413L1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Excel Metal Engineering is U27320KA2000PTC026615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Metal Engineering has 4 court cases on record: 4 filed by the company. 3 are pending. Most are in the high courts.
Excel Metal Engineering was incorporated on 15 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Excel Metal Engineering by revenue are Ingersoll - Rand Technologies and Services Private Limited, Misumi India Private Limited, Swastid Engineering Private Limited, Igw India Technologies Private Limited, Fastenex Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Vineeth ceased to be Additional Director on 30 Nov 2021. Vineeth was appointed as Director on 13 Jul 2021. Janani Koliyattu Veettil was appointed as Whole-Time Director on 15 Mar 2000. Excel Metal Engineering has 5 board changes on record in total.
Excel Metal Engineering has 5 MSME Form 1 returns on record between 2020 and 2022, listing 28 overdue payments to 19 micro and small suppliers. The latest return was filed on 17 Oct 2022.