- #736 Ashok S Humbarwadi & family ₹4,300 Cr

About Fluid Dynamics Private Limited
Data last updated:
Fluid Dynamics Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 25 October 1982 and has been in existence for over 44 years.
Its director Ashok S Humbarwadi and family are #736 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29222KA1982PTC005016. Its GSTIN is 29AAACF2863R1ZZ (Karnataka).
The company has an authorised share capital of ₹1.12 Cr and a paid-up capital of ₹99 Lakh. It is led by directors including Jayant Ashok Humbarwadi (Managing Director) and Nandkumar Jiwandas Talreja.
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 Mache Industrial Estatebelgaum Karnataka, Karnataka, India – 590014.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.82 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹5.25 Cr (net margin 11.2%) and EBITDA of ₹7.73 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 3% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.37 Cr and satisfied charges of ₹13.8 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in December 2012. Its 6 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Hindustan Fasteners Private Limited with revenue of ₹47.47 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fluiddynamics.co.in.
Company details
Recognitions & Rankings of Fluid Dynamics
Contact details
Fluid Dynamics Private Limited's registered office is in Belgaum, Karnataka. Its website is fluiddynamics.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMache Industrial Estatebelgaum Karnataka, Karnataka, India – 590014
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Fluid Dynamics 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 Fluid Dynamics 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 Fluid Dynamics Private Limited, buy the company report.
Financials of Fluid Dynamics Private Limited
FY 2025 filings availableFluid Dynamics Private Limited reported revenue of ₹46.82 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 40% growth in the latest year. EBITDA rose 54% 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 | ₹7.73 Cr | ||||
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| Net Profit (PAT) | ₹5.25 Cr | ||||
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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 | 16.5% | ||||
| Net Profit Margin | 11.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Fluid Dynamics Private Limited, buy the company report.
Board of directors of Fluid Dynamics Private Limited
Fluid Dynamics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandkumar Jiwandas Talreja Also directs: Jayadi Techmac Private Limited | Director | 24 Jun 1989 | 37 Years 4 Months | Current |
| Ashok Shivlingappa Humbarwadi Also directs: Jaihind Techno Machines Private Limited, Ashok Iron Works Private Limited, Fine Edge Engineering Private Limited and 1 more | Director | 15 Feb 1998 | 28 Years 8 Months | Current |
| Jayant Ashok Humbarwadi Also directs: Jaihind Techno Machines Private Limited, Ashok Iron Works Private Limited, Fine Edge Engineering Private Limited and 5 more | Managing Director | 15 Dec 1998 | 27 Years 10 Months | Current |
Peer comparison
Fluid Dynamics Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Hindustan Fasteners Private Limited | ₹47.47 Cr (FY 2024) | 20.0% | Delhi, India | |||
| Neetu Yoshi Limited | ₹47.45 Cr (FY 2024) | 191.0% | Dehradun, Uttarakhand, India | |||
| Kanika Fasteners Private Limited | ₹46.99 Cr (FY 2025) | 38.0% | Ludhiana, Punjab, India | |||
| The Allied Founders Private Limited | ₹46.99 Cr (FY 2024) | 1.0% | Belgaum, Karnataka, India | |||
| Fluid Dynamics Private Limitedthis company | ₹46.82 Cr (FY 2025) | ₹5.25 Cr | 11.2% | 40.0% | 43 | Belgaum, Karnataka, India |
| Vulcan Forge Private Limited | ₹46.77 Cr (FY 2024) | -35.0% | Jhajjar, Haryana, India | |||
| Ramkrishna Foundry Private Limited | ₹46.67 Cr (FY 2025) | -7.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Fluid Dynamics Private Limited, buy the company report.
Auditor
Fluid Dynamics Private Limited is audited by PUSHKAR OGALE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PUSHKAR OGALE | FY 2023 | 233710 |
Shareholding
The shareholding of Fluid Dynamics 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 Fluid Dynamics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2018 | 100183224 | Hdfc Bank Limited | ₹1.45 Cr | Open | |
| 25 Sep 1999 | 90192126 | Karnataka State Indul. Invest. and Devel. Corp. Ltd. | ₹72 Lakh | Open | |
| 30 Jan 1996 | 90191580 | Karnataka State Financial Corporation | ₹75 Lakh | Open | |
| 31 Mar 1995 | 90191422 | Karnataka State Indul. Invest. and Devel. Corp. Ltd. | ₹142 | Open | |
| 27 Jan 1994 | 90189374 | Karnataka State Financial Corporation | ₹7.8 Lakh | Open |
To see the full charge records of Fluid Dynamics Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Fluid Dynamics Private Limited has 2 deals on record (2 secondary share transfers); the latest was in December 2012.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fluid Dynamics Private Limited has 9 court cases on record: 1 filed by Fluid Dynamics, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 4 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed against the company by State of Karnataka at the Instance of Sri. Venkatesh Rathod, Senior Assistant Director of Factories | Disposed |
| District court, BELAGAVI, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (9999-Other) | Filed against the company by an individual | Disposed |
To see the full case history of Fluid Dynamics 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 Fluid Dynamics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fluid Dynamics Private Limited has a workforce of 43 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Fluid Dynamics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF2863R1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fluid Dynamics Private Limited, buy the company report.
Recent activity
Fluid Dynamics Private Limited has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Dundappa Shivlingappa Humbarwadi ceased to be Director on 05 Sep 2015.
21 earlier events are in the company report.
Frequently asked questions
Fluid Dynamics is an active private limited company based in Belgaum, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 25 October 1982 (44+ years old) and is registered under CIN U29222KA1982PTC005016.
Fluid Dynamics has 3 current directors:
- Jayant Ashok Humbarwadi - Managing Director
- Nandkumar Jiwandas Talreja - Director
- Ashok Shivlingappa Humbarwadi - Director
The latest financial statements of Fluid Dynamics 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 Fluid Dynamics is 29AAACF2863R1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Fluid Dynamics is U29222KA1982PTC005016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fluid Dynamics has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the district courts.
Fluid Dynamics was incorporated on 25 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Bangalore.
Fluid Dynamics has 2 deals on record (2 secondary share transfers); the latest was in December 2012.
The peers of Fluid Dynamics by revenue are Hindustan Fasteners Private Limited, Neetu Yoshi Limited, Kanika Fasteners Private Limited, The Allied Founders Private Limited, Vulcan Forge Private Limited and 1 more, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Dundappa Shivlingappa Humbarwadi ceased to be Director on 05 Sep 2015. Vishwanath Shivalingappa Humbarwadi ceased to be Director on 05 Sep 2015. Jayant Ashok Humbarwadi was appointed as Managing Director on 15 Dec 1998. Fluid Dynamics has 5 board changes on record in total.
Fluid Dynamics can be reached through the website fluiddynamics.co.in. Its registered office is in Belgaum, Karnataka, India.

