- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-04-0003443

About Flexible Abrasives Private Limited
Data last updated:
Flexible Abrasives Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 12 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2007PTC175852. Its GSTIN is 27AABCF2023L1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.05 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors Rajesh Bilas Lundia and Sandhya Rajesh Lundia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B30/2 MIDC Shendra, Aurangabad, Maharashtra, India – 431207.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.73 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹4.95 Lakh (net margin 0.1%) and EBITDA of ₹1.34 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Flexible Abrasives. As per MCA filings, the company has open charges of ₹14.26 Cr and satisfied charges of ₹22.81 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 7 cases are pending.
Flexible Abrasives Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0003443). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flexibleabrasives.com.
Company details
Recognitions & Rankings of Flexible Abrasives
Contact details
Flexible Abrasives Private Limited's registered office is in Aurangabad, Maharashtra. Its website is flexibleabrasives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB30/2 MIDC Shendra, Aurangabad, Maharashtra, India – 431207
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Flexible Abrasives 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
Brands
Flexible Abrasives operates one associated brand: Flexible Abrasives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coated abrasives are manufactured and supplied for industrial applications in India. | flexibleabrasives.com |
Business activity
The main business activity of Flexible Abrasives is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Flexible Abrasives Private Limited, buy the company report.
Financials of Flexible Abrasives Private Limited
FY 2025 filings availableFlexible Abrasives Private Limited reported revenue of ₹45.73 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 34% growth in the latest year. EBITDA fell 41% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.95 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Flexible Abrasives Private Limited, buy the company report.
Board of directors of Flexible Abrasives Private Limited
Flexible Abrasives has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Bilas Lundia | Director | 12 Nov 2007 | 18 Years 11 Months | Current |
| Sandhya Rajesh Lundia | Director | 12 Nov 2007 | 18 Years 11 Months | Current |
Auditor
Flexible Abrasives Private Limited is audited by V.R. AMIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.R. AMIN & ASSOCIATES | FY 2023 | 100336W |
Shareholding
The shareholding of Flexible Abrasives Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flexible Abrasives Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2023 | 100789148 | Others | ₹34 Lakh | Open | |
| 13 Jan 2023 | 100669265 | Hdfc Bank Limited | ₹13.92 Cr | Open | |
| 30 Sep 2020 | 100374269 | Others | ₹1.18 Cr | Satisfied | |
| 10 Mar 2016 | 10626335 | Others | ₹12.01 Cr | Satisfied | |
| 27 Jan 2011 | 10331010 | State Bank of India | ₹9.62 Cr | Satisfied |
To see the full charge records of Flexible Abrasives Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Flexible Abrasives Private Limited has 11 court cases on record: 9 filed by Flexible Abrasives, 2 filed against it. 7 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 7 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against R N Kulkarni and Sons Textiles Private Limited and 3 others | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Ms_R N Kulkarni and Sons Textiles Private Limited and 1 other | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (REFERENCE IT) | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Ms_Global Trading Company | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Ms_R N Kulkarni and Sons Textiles Private Limited and 1 other | Pending |
To see the full case history of Flexible Abrasives 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.
Credit ratings & regulatory alerts
Flexible Abrasives Private Limited was last rated by Care on 15 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 15 Sep 2022 |
To see the full credit ratings and regulatory alerts of Flexible Abrasives Private Limited, buy the company report.
MSME payment delays
Flexible Abrasives Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 62 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 62)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shardopasana Industries | |||
| Rang Sarjan Chemicals | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Flexible Abrasives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Flexible Abrasives Private Limited has a workforce of 80 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
GST
Flexible Abrasives has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF2023L1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flexible Abrasives Private Limited, buy the company report.
Recent activity
Flexible Abrasives Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Rajesh Bilas Lundia was appointed as Director on 12 Nov 2007.
5 earlier events are in the company report.
Frequently asked questions
Flexible Abrasives is an active private limited company based in Aurangabad, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 12 November 2007 (19+ years old) and is registered under CIN U17120MH2007PTC175852.
Flexible Abrasives has 2 current directors:
- Rajesh Bilas Lundia - Director
- Sandhya Rajesh Lundia - Director
The latest financial statements of Flexible Abrasives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Flexible Abrasives is 27AABCF2023L1ZU, 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 Flexible Abrasives is U17120MH2007PTC175852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flexible Abrasives has 11 court cases on record: 9 filed by the company and 2 filed against it. 7 are pending.
Flexible Abrasives was incorporated on 12 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajesh Bilas Lundia was appointed as Director on 12 Nov 2007. Sandhya Rajesh Lundia was appointed as Director on 12 Nov 2007.
Yes, Flexible Abrasives is registered as a small enterprise under Udyam registration (number: UDYAM-MH-04-0003443).
Flexible Abrasives has 3 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 62 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Flexible Abrasives can be reached through the website flexibleabrasives.com. Its registered office is in Aurangabad, Maharashtra, India.