MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-13-0011734
Flowserve Microfinish Valves Private Limited - machinery and equipment in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹34.67 Cr
▲ 22% YoY
Net profit · FY 2025
₹4.63 Cr
Net margin 13.4%
EBITDA · FY 2025
₹6.41 Cr
EBITDA margin 18.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.49 Cr
Issued & subscribed
Company age
30 yrs
Est. 1996
Employees · EPFO
75
Provident fund records
Directors on board
3
As per MCA filings
About Flowserve Microfinish Valves Private Limited
Data last updated:
Flowserve Microfinish Valves Private Limited is a private limited company based in Hubli, Karnataka, India, a subsidiary of Flowserve India Controls Private Limited. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 19 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29120KA1996PTC020335. Its GSTIN is 29AAACF3990R1ZT (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.49 Cr. It was formerly known as Durco Microfinish Private Limited and Flowserve Microfinish Private Limited. It is led by directors including Tilak Karamchand Vikamshi (Managing Director) and Sriram Santhanam.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts No.568/1 Industrial Area Unkal Village Gokul Road Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.67 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹4.63 Cr (net margin 13.4%) and EBITDA of ₹6.41 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
The company has about 75 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2020. Its 4 peer companies in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Aptek Instrumentation Private Limited with revenue of ₹36.25 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 435 overdue payments to 16 micro and small suppliers.
Flowserve Microfinish Valves Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0011734). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flowservemicrofinishvalves.blogspot.com.
Company details
CIN U29120KA1996PTC020335
Registration Number 020335
Incorporation Date 19 April 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Flowserve India Controls Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-13-0011734
Name history
Flowserve Microfinish Valves has undergone 2 name changes throughout its history. The company was previously known as Durco Microfinish Private Limited, and Flowserve Microfinish Private Limited. The current legal name is Flowserve Microfinish Valves Private Limited.
| Company Name | Status |
|---|---|
| Flowserve Microfinish Valves Private Limited | Current |
| Durco Microfinish Private Limited | Previous |
| Flowserve Microfinish Private Limited | Previous |
CIN history
Flowserve Microfinish Valves has one previous CIN (Corporate Identification Number): U29120KA1998PTC020335. The current CIN is U29120KA1996PTC020335, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120KA1996PTC020335 | Current |
| U29120KA1998PTC020335 | Previous |
Key People
Tilak Karamchand Vikamshi Managing Director Sriram Santhanam Director Bhaskaran Janakiraman Director Recognitions & Rankings of Flowserve Microfinish Valves
Contact details
Flowserve Microfinish Valves Private Limited's registered office is in Hubli, Karnataka. Its website is flowservemicrofinishvalves.blogspot.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No.568/1 Industrial Area Unkal Village Gokul Road Hubli, Karnataka, India – 580030
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Flowserve Microfinish Valves Private Limited, buy the company report.
Comprehensive company report
Flowserve Microfinish Valves 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Flowserve Microfinish Valves 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 Flowserve Microfinish Valves Private Limited, buy the company report.
Financials of Flowserve Microfinish Valves Private Limited
FY 2025 filings availableFlowserve Microfinish Valves Private Limited reported revenue of ₹34.67 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹34.67 Cr ▲ 22%
Net profit · FY 2025
₹4.63 Cr margin 13.4%
EBITDA · FY 2025
₹6.41 Cr margin 18.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 8%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 22% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.63 Cr | ||||
| Balance Sheet | |||||
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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 | 18.5% | ||||
| Net Profit Margin | 13.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Flowserve Microfinish Valves Private Limited, buy the company report.
Board of directors of Flowserve Microfinish Valves Private Limited
Flowserve Microfinish Valves has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Santhanam | Director | 24 Mar 2014 | 12 Years 7 Months | Current |
| Tilak Karamchand Vikamshi Also directs: Vikamshi Fabrics Pvt Ltd, Distixx Protectors Private Limited, Microfinish Valves Private Limited and 4 more | Managing Director | 19 Apr 2006 | 20 Years 6 Months | Current |
| Bhaskaran Janakiraman Also directs: Flowserve India Controls Private Limited | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Flowserve Microfinish Valves Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), 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 |
|---|---|---|---|---|---|---|
| Aptek Instrumentation Private Limited | ₹36.25 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Flowserve Microfinish Valves Private Limitedthis company | ₹34.67 Cr (FY 2025) | ₹4.63 Cr | 13.4% | 22.0% | 75 | Hubli, Karnataka, India |
| Balfa Steelco Private Limited | ₹34.6 Cr (FY 2025) | 29.0% | Jalandhar, Punjab, India | |||
| Suzhik Flow Control Private Limited | ₹34.44 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| PHBB Valves Private Limited | ₹33.74 Cr (FY 2025) | -8.0% | Pune, Maharashtra, India |
To see the full peer comparison of Flowserve Microfinish Valves Private Limited, buy the company report.
Auditor
Flowserve Microfinish Valves Private Limited is audited by Tambakad & Goil for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Tambakad & Goil | FY 2023 | 005404S |
Shareholding
The shareholding of Flowserve Microfinish Valves 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 Flowserve Microfinish Valves Private Limited, buy the company report.
Deals & funding
Flowserve Microfinish Valves Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2020.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Flowserve India Controls Private Limited Seller: Flowserve Mauritius Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flowserve Microfinish Valves Private Limited has 8 court cases on record: 1 filed by Flowserve Microfinish Valves, 7 filed against it. All cases are disposed.
Total cases
8
Filed by the company
1
Filed against the company
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 7 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Commissioner and 4 others | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of the Income Tax, | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Flowserve Microfinish Valves 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
Flowserve Microfinish Valves Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 435 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Intricast Private Limited | |||
| an individual supplier | |||
| Alltech Technocast Private Limited | |||
| Sanjivani Casting Private Limited | |||
| Austin Alloy Cast Private Limited |
To see the full MSME payment records of Flowserve Microfinish Valves Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Flowserve Microfinish Valves has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Flowserve Microfinish Valves Private Limited has a workforce of 75 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
75
Active EPFO establishments
1
Employee growth
4.17%
GST
Flowserve Microfinish Valves has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF3990R1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flowserve Microfinish Valves Private Limited, buy the company report.
Recent activity
Flowserve Microfinish Valves Private Limited has 23 board changes on record since 2002: 13 appointments and 10 cessations. The latest: Bhaskaran Janakiraman was appointed as Director on 21 Oct 2024.
AGM
Flowserve Microfinish Valves Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Filing
Flowserve Microfinish Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Bhaskaran Janakiraman was appointed as Director.
Ceased
Ajit Devotta Francis ceased to be Director.
Ceased
Christopher Tapper ceased to be Director.
Appointed
Ajit Devotta Francis was appointed as Director.
Ceased
Deepak Karamchand Vikamshi ceased to be Director.
Ceased
Andrew James Higgins ceased to be Director.
Appointed
Sriram Santhanam was appointed as Director.
Ceased
Gopinath Sivasankar ceased to be Director.
Appointed
Andrew James Higgins was appointed as Director.
Ceased
William Durant Brown Iii ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Flowserve Microfinish Valves is an active private limited company based in Hubli, Karnataka, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 19 April 1996 (30+ years old) and is registered under CIN U29120KA1996PTC020335.
Flowserve Microfinish Valves has 3 current directors:
- Tilak Karamchand Vikamshi - Managing Director
- Sriram Santhanam - Director
- Bhaskaran Janakiraman - Director
The latest financial statements of Flowserve Microfinish Valves on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Flowserve Microfinish Valves is 29AAACF3990R1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Flowserve Microfinish Valves is U29120KA1996PTC020335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flowserve Microfinish Valves has 8 court cases on record: 1 filed by the company and 7 filed against it.
Flowserve Microfinish Valves was incorporated on 19 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Flowserve Microfinish Valves has 1 deal on record (1 secondary share transfer); the latest was in December 2020.
The peers of Flowserve Microfinish Valves by revenue are Aptek Instrumentation Private Limited, Balfa Steelco Private Limited, Suzhik Flow Control Private Limited, PHBB Valves Private Limited, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Bhaskaran Janakiraman was appointed as Director on 21 Oct 2024. Ajit Devotta Francis ceased to be Director on 25 Sep 2024. Christopher Tapper ceased to be Director on 05 Jan 2016. Flowserve Microfinish Valves has 23 board changes on record in total.
Yes, Flowserve Microfinish Valves is registered as a small enterprise under Udyam registration (number: UDYAM-KR-13-0011734).
Flowserve Microfinish Valves has 12 MSME Form 1 returns on record between 2019 and 2023, listing 435 overdue payments to 16 micro and small suppliers. The latest return was filed on 28 Oct 2023.