
Ichalkaranji Engineering Centre Pvt Ltd
About Ichalkaranji Engineering Centre Pvt Ltd
Data last updated:
Ichalkaranji Engineering Centre Pvt Ltd is a private limited company based in Jaysingpur, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 21 July 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299MH1973PTC016695. Its GSTIN is 27AABCI6008G1ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.93 Lakh. It is led by directors including Suresh Vyanktesh Kulkarni and Sudha Panditrao Kulkurni.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 50 – 51 L.K Akiwate Co – Operative Industrial Estate Udgaon, Jaysingpur, Maharashtra, India – 416101.
As per the financials filed for FY 2023, the company reported a revenue of ₹22.83 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 5%) and EBITDA of ₹1.76 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.1 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ichalkaranji Engineering Centre Pvt Ltd's registered office is in Jaysingpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address50 – 51 L.K Akiwate Co – Operative Industrial Estate Udgaon, Jaysingpur, Maharashtra, India – 416101
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Ichalkaranji Engineering Centre Pvt Ltd, 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 Ichalkaranji Engineering Centre 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 Ichalkaranji Engineering Centre Pvt Ltd, buy the company report.
Financials of Ichalkaranji Engineering Centre Pvt Ltd
FY 2023 filings availableIchalkaranji Engineering Centre Pvt Ltd reported revenue of ₹22.83 Cr (up 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 5% growth in the latest year. EBITDA rose 3% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.14 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 5% | ||||
| 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 Ichalkaranji Engineering Centre Pvt Ltd, buy the company report.
Board of directors of Ichalkaranji Engineering Centre Pvt Ltd
Ichalkaranji Engineering Centre has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Vyanktesh Kulkarni Also directs: Netmech Engineering Private Limited, Netmech Industries Private Limited, Ichalkaranji Metalloy Founders Pvt Ltd and 1 more | Director | 28 Dec 1985 | 40 Years 9 Months | Current |
| Sudha Panditrao Kulkurni Also directs: Saroj Engineering Udyog Private Limited | Director | 27 Dec 1984 | 41 Years 9 Months | Current |
| Chandrakant Vasudeo Deshpande | Director | 15 Jun 1984 | 42 Years 4 Months | Current |
| Rama Arvind Deshpande | Director | 17 May 1985 | 41 Years 5 Months | Current |
Auditor
Ichalkaranji Engineering Centre Pvt Ltd is audited by MS. Abhyankar & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MS. Abhyankar & Company | FY 2022 | 100024W |
Shareholding
The shareholding of Ichalkaranji Engineering Centre Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ichalkaranji Engineering Centre Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 1988 | 90089390 | Bank of Baroda | ₹10 Lakh | Open | |
| 09 May 1979 | 90089160 | Bank of Baroda | ₹2 Lakh | Open | |
| 23 Jul 1974 | 90089117 | Bank of Maharashtra | ₹2.1 Lakh | Open | |
| 16 Apr 1974 | 90089115 | United Western Bank Ltd. | ₹1 Lakh | Open | |
| 26 Nov 1973 | 90083148 | Bank of Baroda | ₹2 Lakh | Open |
To see the full charge records of Ichalkaranji Engineering Centre Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Ichalkaranji Engineering Centre Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ichalkaranji Engineering Centre Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ichalkaranji Engineering Centre Pvt Ltd has a workforce of 21 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Ichalkaranji Engineering Centre has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI6008G1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ichalkaranji Engineering Centre Pvt Ltd, buy the company report.
Recent activity
Ichalkaranji Engineering Centre Pvt Ltd has 4 board changes on record since 1984: 4 appointments. The latest: Suresh Vyanktesh Kulkarni was appointed as Director on 28 Dec 1985.
1 earlier event is in the company report.
Frequently asked questions
Ichalkaranji Engineering Centre is an active private limited company based in Jaysingpur, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 21 July 1973 (53+ years old) and is registered under CIN U29299MH1973PTC016695.
Ichalkaranji Engineering Centre has 4 current directors:
- Suresh Vyanktesh Kulkarni - Director
- Sudha Panditrao Kulkurni - Director
- Chandrakant Vasudeo Deshpande - Director
- Rama Arvind Deshpande - Director
The latest financial statements of Ichalkaranji Engineering Centre on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ichalkaranji Engineering Centre is 27AABCI6008G1ZT, 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 Ichalkaranji Engineering Centre is U29299MH1973PTC016695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ichalkaranji Engineering Centre was incorporated on 21 July 1973, making it 53+ years old. It is registered with the Registrar of Companies, Pune.
Suresh Vyanktesh Kulkarni was appointed as Director on 28 Dec 1985. Rama Arvind Deshpande was appointed as Director on 17 May 1985. Sudha Panditrao Kulkurni was appointed as Director on 27 Dec 1984. Ichalkaranji Engineering Centre has 4 board changes on record in total.
The registered office of Ichalkaranji Engineering Centre is at 50 – 51 L.K Akiwate Co – Operative Industrial Estate Udgaon, Jaysingpur, Maharashtra, India – 416101.
Ichalkaranji Engineering Centre operates in the automotive industry, in the auto parts and components segment.
Ichalkaranji Engineering Centre has open charges of ₹17.1 Lakh and no satisfied charges on record as per latest MCA filings.