About Flex-Clean Systems Private Limited
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Flex-Clean Systems Private Limited is a private limited company based in Bhandup West, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29197MH2003PTC140332. Its GSTIN is 27AADCM7690L1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Midwesco Filtrations (India) Private Limited. It is led by directors including Nikhil Narahari Varahamurti and Narahari Shrinivasdas Varahamurti.
Its last annual general meeting (AGM) was held on 15 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 906 9th Floor Filix Premises Opp Asian Paints L.B.S. Marg, Bhandup West, Maharashtra, India – 400078.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.45 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.78 Lakh (net margin 1.5%) and EBITDA of ₹9.78 Lakh (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹1.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flexcleanindia.com.
Company details
Contact details
Flex-Clean Systems Private Limited's registered office is in Bhandup West, Maharashtra. Its website is flexcleanindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address906 9th Floor Filix Premises Opp Asian Paints L.B.S. Marg, Bhandup West, Maharashtra, India – 400078
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Flex-Clean Systems 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 Flex-Clean Systems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Flex-Clean Systems Private Limited, buy the company report.
Financials of Flex-Clean Systems Private Limited
FY 2025 filings availableFlex-Clean Systems Private Limited reported revenue of ₹2.45 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 7% fall in the latest year. EBITDA rose 40% 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 | ₹9.78 Lakh | ||||
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| Net Profit (PAT) | ₹3.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Flex-Clean Systems Private Limited, buy the company report.
Board of directors of Flex-Clean Systems Private Limited
Flex-Clean Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Narahari Varahamurti | Director | 12 Apr 2011 | 15 Years 6 Months | Current |
| Narahari Shrinivasdas Varahamurti | Director | 07 May 2003 | 23 Years 5 Months | Current |
| Rekha Narahari Varahamurti | Director | 07 May 2003 | 23 Years 5 Months | Current |
Auditor
Flex-Clean Systems Private Limited is audited by VENUS SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENUS SHAH & ASSOCIATES | FY 2023 | 120878W |
Shareholding
The shareholding of Flex-Clean Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flex-Clean Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2018 | 100229432 | Others | ₹75 Lakh | Open | |
| 13 Oct 2011 | 10321242 | Ing Vysya Bank Limited | ₹75 Lakh | Satisfied | |
| 01 Jun 2009 | 10165910 | Ing Vysya Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Flex-Clean Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Flex-Clean Systems 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
No delayed payments to MSME suppliers are on our record for Flex-Clean Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flex-Clean Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM7690L1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flex-Clean Systems Private Limited, buy the company report.
Recent activity
Flex-Clean Systems Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Nikhil Narahari Varahamurti was appointed as Director on 12 Apr 2011.
Frequently asked questions
Flex-Clean Systems is an active private limited company based in Bhandup West, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 May 2003 (23+ years old) and is registered under CIN U29197MH2003PTC140332.
Flex-Clean Systems has 3 current directors:
- Nikhil Narahari Varahamurti - Director
- Narahari Shrinivasdas Varahamurti - Director
- Rekha Narahari Varahamurti - Director
The latest financial statements of Flex-Clean Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Flex-Clean Systems is 27AADCM7690L1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flex-Clean Systems is U29197MH2003PTC140332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flex-Clean Systems was incorporated on 07 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikhil Narahari Varahamurti was appointed as Director on 12 Apr 2011. Narahari Shrinivasdas Varahamurti was appointed as Director on 07 May 2003. Rekha Narahari Varahamurti was appointed as Director on 07 May 2003.
Flex-Clean Systems can be reached through the website flexcleanindia.com. Its registered office is in Bhandup West, Maharashtra, India.
The registered office of Flex-Clean Systems is at 906 9th Floor Filix Premises Opp Asian Paints L.B.S. Marg, Bhandup West, Maharashtra, India – 400078.
Flex-Clean Systems operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.