MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0007630
Fly Wheel Ring Gears Private Limited - automotive in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹68.23 Lakh
▼ 96% YoY
Net loss · FY 2025
₹1.06 Cr
Net margin -154.8%
EBITDA · FY 2025
-₹54.4 Lakh
EBITDA margin -79.7%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹14.32 Cr
Satisfied ₹10.91 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
70
Provident fund records
About Fly Wheel Ring Gears Private Limited
Data last updated:
Fly Wheel Ring Gears Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 19 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28113MH1997PTC105970. Its GSTIN is 27AAACF3547L1ZG (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Sharad Changdeo Gurule and Kunal Balasaheb Khairnar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 275 M.I.D.C. Area Malegaon Sinnar, Nashik, Maharashtra, India – 422103.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.23 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Cr (net margin -154.8%) and EBITDA of -₹54.4 Lakh (EBITDA margin -79.7%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 52% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.32 Cr and satisfied charges of ₹10.91 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 5 cases are pending.
Fly Wheel Ring Gears Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0007630). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ringgearindia.com.
Company details
CIN U28113MH1997PTC105970
Registration Number 105970
Incorporation Date 19 February 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0007630
Recognitions & Rankings of Fly Wheel Ring Gears
Contact details
Fly Wheel Ring Gears Private Limited's registered office is in Nashik, Maharashtra. Its website is ringgearindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 275 M.I.D.C. Area Malegaon Sinnar, Nashik, Maharashtra, India – 422103
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Fly Wheel Ring Gears Private Limited, buy the company report.
Comprehensive company report
Fly Wheel Ring Gears 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
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Business activity
The main business activity of Fly Wheel Ring Gears is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Fly Wheel Ring Gears Private Limited, buy the company report.
Financials of Fly Wheel Ring Gears Private Limited
FY 2025 filings availableFly Wheel Ring Gears Private Limited reported revenue of ₹68.23 Lakh (down 96% YoY) for FY 2025.
Revenue · FY 2025
₹68.23 Lakh ▼ 96%
Net loss · FY 2025
₹1.06 Cr margin -154.8%
EBITDA · FY 2025
-₹54.4 Lakh margin -79.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 70%
5 years · compounded
▼ 52%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▼ 66%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 96% fall in the latest year. EBITDA rose 86% 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 | -₹54.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.06 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 | -79.7% | ||||
| Net Profit Margin | -154.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Fly Wheel Ring Gears Private Limited, buy the company report.
Board of directors of Fly Wheel Ring Gears Private Limited
Fly Wheel Ring Gears has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Changdeo Gurule | Director | 16 Oct 2017 | 9 Years 0 Months | Current |
| Kunal Balasaheb Khairnar Also directs: Precision Auto Components Private Limited | Director | 16 Oct 2017 | 9 Years 0 Months | Current |
Auditor
Fly Wheel Ring Gears Private Limited is audited by PANKAJ KULKARNI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ KULKARNI & ASSOCIATES | FY 2021 | 156337W |
Shareholding
The shareholding of Fly Wheel Ring Gears Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Fly Wheel Ring Gears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.32 Cr
Satisfied charges
₹10.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2012 | 10334224 | Axis Bank Limited | ₹6.36 Cr | Open | |
| 21 Nov 2011 | 10322036 | Axis Bank Limited | ₹6.36 Cr | Open | |
| 20 Nov 1997 | 90155081 | Maharashtra State Financial Corporation | ₹1.6 Cr | Open | |
| 31 Jan 2018 | 100153301 | Others | ₹44.25 Lakh | Satisfied | |
| 30 Dec 2017 | 100143959 | Others | ₹47.2 Lakh | Satisfied |
To see the full charge records of Fly Wheel Ring Gears Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Fly Wheel Ring Gears Private Limited has 8 court cases on record: 1 filed by Fly Wheel Ring Gears, 7 filed against it. 5 cases are pending and 3 are disposed.
Total cases
8
Filed by the company
1
Filed against the company
7
Pending
5
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 3 | 2 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (APL) | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
To see the full case history of Fly Wheel Ring Gears 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 Fly Wheel Ring Gears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Fly Wheel Ring Gears has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Fly Wheel Ring Gears Private Limited has a workforce of 70 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
70
Active EPFO establishments
1
Employee growth
-20.45%
GST
Fly Wheel Ring Gears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF3547L1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fly Wheel Ring Gears Private Limited, buy the company report.
Recent activity
Fly Wheel Ring Gears Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Kunal Balasaheb Khairnar was appointed as Director on 16 Oct 2017.
AGM
Fly Wheel Ring Gears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fly Wheel Ring Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge registered on 21 Apr 2014 via Charge ID 10514859 with Mahindra And Mahindra Financial Services Limited was fully satisfied on 10 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 6.36 Cr registered on 11 Jan 2012 with Charge ID 10334224 was modified on 18 Jul 2022.
Charges
A charge with Axis Bank Limited of Rs. 6.36 Cr registered on 21 Nov 2011 with Charge ID 10322036 was modified on 16 Jul 2022.
Charges
A charge registered on 31 Mar 2017 via Charge ID 100088149 with Others was fully satisfied on 07 Jun 2022.
Charges
A charge registered on 31 Jan 2018 via Charge ID 100153301 with Others was fully satisfied on 27 Apr 2022.
Charges
A charge registered on 30 Dec 2017 via Charge ID 100143959 with Others was fully satisfied on 27 Apr 2022.
Charges
A charge registered on 16 Nov 2015 via Charge ID 10605946 with Siemens Financial Services Private Limited was fully satisfied on 08 Aug 2018.
Charges
A charge registered on 11 Mar 2013 via Charge ID 10411809 with Small Industries Development Bank Of India was fully satisfied on 31 Jul 2018.
Charges
A charge registered on 17 Apr 1998 via Charge ID 90159704 with State Bank Of India was fully satisfied on 09 Mar 2018.
Charges
A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100153301 was registered on 31 Jan 2018.
28 earlier events are in the company report.
Frequently asked questions
Fly Wheel Ring Gears is an active private limited company based in Nashik, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 19 February 1997 (29+ years old) and is registered under CIN U28113MH1997PTC105970.
Fly Wheel Ring Gears has 2 current directors:
- Sharad Changdeo Gurule - Director
- Kunal Balasaheb Khairnar - Director
The latest financial statements of Fly Wheel Ring Gears on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fly Wheel Ring Gears is 27AAACF3547L1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fly Wheel Ring Gears is U28113MH1997PTC105970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fly Wheel Ring Gears has 8 court cases on record: 1 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
Fly Wheel Ring Gears was incorporated on 19 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Kunal Balasaheb Khairnar was appointed as Director on 16 Oct 2017. Sharad Changdeo Gurule was appointed as Director on 16 Oct 2017. Balasaheb Madhavrao Khairnar ceased to be Director on 14 Sep 2017. Fly Wheel Ring Gears has 5 board changes on record in total.
Yes, Fly Wheel Ring Gears is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0007630).
Fly Wheel Ring Gears can be reached through the website ringgearindia.com. Its registered office is in Nashik, Maharashtra, India.