Grindlays Engine Parts Private Limited

Grindlays Engine Parts Private Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U34102DL2011PTC219937 Incorporated 27 May 2011 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2025
₹13.78 Cr
▼ 33% YoY
Net loss · FY 2025
₹85.21 Lakh
Net margin -6.2%
EBITDA · FY 2025
₹1.88 Cr
EBITDA margin 13.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹21.3 Cr
Satisfied ₹1.85 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
52
Provident fund records

About Grindlays Engine Parts Private Limited

Data last updated:

Grindlays Engine Parts Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 27 May 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34102DL2011PTC219937. Its GSTIN is 08AAECG2697J1Z6 (Rajasthan). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gaurav Madan and Bharat Madan.

Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 29 Shubham Enclave Paschim Vihar, New Delhi, Delhi, India – 110063.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.78 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹85.21 Lakh (net margin -6.2%) and EBITDA of ₹1.88 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.

The company has about 52 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Grindlays Engine Parts and India Piston Ring. As per MCA filings, the company has open charges of ₹21.3 Cr and satisfied charges of ₹1.85 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Grindlays Engine Parts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-07-0000906). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grindlaysindia.com.

Company details

CIN U34102DL2011PTC219937
Registration Number 219937
Incorporation Date 27 May 2011
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-07-0000906
Key People
Gaurav Madan Director Bharat Madan Director Nitin Madan Director

Recognitions & Rankings of Grindlays Engine Parts

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-HR-07-0000906

Contact details

Grindlays Engine Parts Private Limited's registered office is in New Delhi, Delhi. Its website is grindlaysindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    grindlaysindia.com
  • Social Media
  • Registered Address
    C – 29 Shubham Enclave Paschim Vihar, New Delhi, Delhi, India – 110063
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Grindlays Engine Parts Private Limited, buy the company report.

Comprehensive company report
Grindlays Engine Parts 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

Brands

Grindlays Engine Parts operates two associated brands: Grindlays Engine Parts and India Piston Ring. Each brand links to its own profile.

BrandDescriptionWebsite
Grindlays Engine Parts
Manufactures and supplies engine components for the aftermarket.grindlaysindia.com
India Piston Ring
Grindlays produces and exports engine parts including pistons, rings, and liners worldwide.indiapistonring.com

Business activity

The main business activity of Grindlays Engine Parts is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Grindlays Engine Parts Private Limited, buy the company report.

Financials of Grindlays Engine Parts Private Limited

FY 2025 filings available

Grindlays Engine Parts Private Limited reported revenue of ₹13.78 Cr (down 33% YoY) for FY 2025.

Revenue · FY 2025
₹13.78 Cr ▼ 33%
Net loss · FY 2025
₹85.21 Lakh margin -6.2%
EBITDA · FY 2025
₹1.88 Cr margin 13.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 8%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 17%
5 years · compounded
▲ 24%

Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 60% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.88 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹85.21 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.6%
Net Profit Margin-6.2%
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 Grindlays Engine Parts Private Limited, buy the company report.

Board of directors of Grindlays Engine Parts Private Limited

Grindlays Engine Parts has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Gaurav MadanDirector01 Apr 201214 Years 7 MonthsCurrent
Bharat MadanDirector27 May 201115 Years 5 MonthsCurrent
Nitin Madan
Also directs: Engpar Sales Private Limited
Director01 Apr 201214 Years 7 MonthsCurrent
Nikhil MadanDirector27 May 201115 Years 5 MonthsCurrent
View all directors

Auditor

Grindlays Engine Parts Private Limited is audited by AYAM & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
AYAM & CO.FY 2022017433N

Shareholding

The shareholding of Grindlays Engine Parts Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Grindlays Engine Parts Private Limited, buy the company report.

Charges & borrowings

Open charges
₹21.3 Cr
Satisfied charges
₹1.85 Cr
Breakdown by lending institutions
Axis Bank Limited₹21.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Feb 2024100883613Axis Bank Limited₹3 CrOpen
16 May 2023100730023Axis Bank Limited₹11.3 CrOpen
10 Apr 2022100574167Axis Bank Limited₹7 CrOpen
10 Sep 2021100506818Axis Bank Limited₹1 CrSatisfied
30 Jan 201510550092Axis Bank Limited₹85 LakhSatisfied

To see the full charge records of Grindlays Engine Parts Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

Grindlays Engine Parts Private Limited has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 88 overdue payments to 13 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 13)

SupplierAmount dueDue sinceReported on
an individual supplier
Price Metal Casting
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Grindlays Engine Parts Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Grindlays Engine Parts has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
08AAECG2697J1Z6RajasthanActive10 Dec 2021

To see the full GST registrations and return filing status of Grindlays Engine Parts Private Limited, buy the company report.

Recent activity

Grindlays Engine Parts Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Gaurav Madan was appointed as Director on 01 Apr 2012.

AGM
Grindlays Engine Parts Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Filing
Grindlays Engine Parts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Axis Bank Limited of Rs. 300.00 Lakh registered on 29 Feb 2024 with Charge ID 100883613 was modified on 23 Mar 2024.
Charges
A charge registered on 10 Sep 2021 via Charge ID 100506818 with Axis Bank Limited was fully satisfied on 06 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100883613 was registered on 29 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,130.00 Lakh with Charge ID 100730023 was registered on 16 May 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 100574167 was registered on 10 Apr 2022.
Charges
A charge with Axis Bank Limited of Rs. 100.00 Lakh registered on 10 Sep 2021 with Charge ID 100506818 was modified on 10 Apr 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100506818 was registered on 10 Sep 2021.
Charges
A charge registered on 30 Jan 2015 via Charge ID 10550092 with Axis Bank Limited was fully satisfied on 30 Mar 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 85.00 Lakh with Charge ID 10550092 was registered on 30 Jan 2015.
Appointed
Gaurav Madan was appointed as Director.

4 earlier events are in the company report.

Frequently asked questions

Grindlays Engine Parts is an active private limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 27 May 2011 (15+ years old) and is registered under CIN U34102DL2011PTC219937.

Grindlays Engine Parts has 4 current directors:

The latest financial statements of Grindlays Engine Parts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Grindlays Engine Parts is 08AAECG2697J1Z6, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Grindlays Engine Parts is U34102DL2011PTC219937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grindlays Engine Parts has 1 court case on record: 1 filed against it.

Grindlays Engine Parts was incorporated on 27 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.

Gaurav Madan was appointed as Director on 01 Apr 2012. Nitin Madan was appointed as Director on 01 Apr 2012. Bharat Madan was appointed as Director on 27 May 2011. Grindlays Engine Parts has 4 board changes on record in total.

Yes, Grindlays Engine Parts is registered as a small enterprise under Udyam registration (number: UDYAM-HR-07-0000906).

Grindlays Engine Parts has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 88 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 May 2019.

Grindlays Engine Parts can be reached through the website grindlaysindia.com. Its registered office is in New Delhi, Delhi, India.