
Ichalkaranji Machine Centre Private Limited
About Ichalkaranji Machine Centre Private Limited
Data last updated:
Ichalkaranji Machine Centre Private Limited is a private limited company based in Ichalkaranji, Maharashtra, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 23 August 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29111MH1973PTC016770. Its GSTIN is 27AAACI4168C1ZT (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,100. It is led by directors including Rama Arvind Deshpande and Chandrakant Vasudeo Deshpande.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. 3 Gat No. 817 Behind Ichalkaranji Metalloy Foundry Post – Ganganagar, Maharashtra, India – 416115.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.95 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹2.02 Cr (net margin 51.1%) and EBITDA of ₹2.47 Cr (EBITDA margin 62.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.25 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ichalkaranji Machine Centre Private Limited's registered office is in Ichalkaranji, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 3 Gat No. 817 Behind Ichalkaranji Metalloy Foundry Post – Ganganagar, Maharashtra, India – 416115
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Ichalkaranji Machine Centre 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 Ichalkaranji Machine Centre is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ichalkaranji Machine Centre Private Limited, buy the company report.
Financials of Ichalkaranji Machine Centre Private Limited
FY 2022 filings availableIchalkaranji Machine Centre Private Limited reported revenue of ₹3.95 Cr (down 95% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 96% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹2.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.02 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.6% | ||||
| Net Profit Margin | 51.1% | ||||
| 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 Machine Centre Private Limited, buy the company report.
Board of directors of Ichalkaranji Machine Centre Private Limited
Ichalkaranji Machine Centre has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Arvind Deshpande | Director | 21 Sep 2002 | 24 Years 1 Months | Current |
| Chandrakant Vasudeo Deshpande | Director | 23 Aug 1973 | 53 Years 2 Months | Current |
| Alka Ajit Kulkarni Also directs: Hardworks Auto Coms Private Limited | Director | 23 Sep 2001 | 25 Years 1 Months | Current |
Auditor
Ichalkaranji Machine Centre Private Limited is audited by ABHAYANKAR & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAYANKAR & COMPANY | FY 2017 | 100024W |
Shareholding
The shareholding of Ichalkaranji Machine Centre Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ichalkaranji Machine Centre Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 1988 | 90083515 | Bank of Baroda | ₹2.25 Lakh | Open | |
| 14 Sep 1978 | 90083214 | Bank of Baroda | ₹1 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Ichalkaranji Machine Centre Private Limited has 2 court cases on record: 1 filed by Ichalkaranji Machine Centre, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India | Disposed |
| Supreme Court | Court case (0420-Indirect Taxes Matters : Interpretation of exemption notifications under Central Excise Act) | Filed by the company against an individual | Disposed |
To see the full case history of Ichalkaranji Machine Centre 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 Ichalkaranji Machine Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ichalkaranji Machine Centre Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Ichalkaranji Machine Centre has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI4168C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ichalkaranji Machine Centre Private Limited, buy the company report.
Recent activity
Ichalkaranji Machine Centre Private Limited has 3 board changes on record since 1973: 3 appointments. The latest: Rama Arvind Deshpande was appointed as Director on 21 Sep 2002.
Frequently asked questions
Ichalkaranji Machine Centre is an active private limited company based in Ichalkaranji, Maharashtra, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 23 August 1973 (53+ years old) and is registered under CIN U29111MH1973PTC016770.
Ichalkaranji Machine Centre has 3 current directors:
- Rama Arvind Deshpande - Director
- Chandrakant Vasudeo Deshpande - Director
- Alka Ajit Kulkarni - Director
The latest financial statements of Ichalkaranji Machine Centre on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Ichalkaranji Machine Centre is 27AAACI4168C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ichalkaranji Machine Centre is U29111MH1973PTC016770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ichalkaranji Machine Centre has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Ichalkaranji Machine Centre was incorporated on 23 August 1973, making it 53+ years old. It is registered with the Registrar of Companies, Pune.
Rama Arvind Deshpande was appointed as Director on 21 Sep 2002. Alka Ajit Kulkarni was appointed as Director on 23 Sep 2001. Chandrakant Vasudeo Deshpande was appointed as Director on 23 Aug 1973.
The registered office of Ichalkaranji Machine Centre is at Plot No. 3 Gat No. 817 Behind Ichalkaranji Metalloy Foundry Post – Ganganagar, Maharashtra, India – 416115.
Ichalkaranji Machine Centre operates in the electrical industry, in the electrical equipment segment.