About Indian Expeller Works Pvt Ltd
Data last updated:
Indian Expeller Works Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 September 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1973PTC002389. Its GSTIN is 24AAACI3675G1ZP (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹66,160. It is led by directors including Nimit Dinesh Arora (Managing Director) and Dineshbhai Jmukinath Arora (Managing Director).
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 A – 4 Naroda Industrial Estatenaroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.03 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 10.1%) and EBITDA of ₹1.77 Cr (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 16% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indexpell. As per MCA filings, the company has satisfied charges of ₹2.18 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indexpell.com.
Company details
Contact details
Indian Expeller Works Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is indexpell.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 4 Naroda Industrial Estatenaroda, Ahmedabad, Gujarat, India – 382330
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Indian Expeller Works 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
Brands
Indian Expeller Works operates one associated brand: Indexpell. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of rubber processing machinery and equipment in India. | indexpell.com |
Business activity
The main business activity of Indian Expeller Works 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 Indian Expeller Works Pvt Ltd, buy the company report.
Financials of Indian Expeller Works Pvt Ltd
FY 2025 filings availableIndian Expeller Works Pvt Ltd reported revenue of ₹10.03 Cr (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.77 Cr | ||||
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| Net Profit (PAT) | ₹1.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 17.6% | ||||
| Net Profit Margin | 10.1% | ||||
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To see the full financial statements and ratios of Indian Expeller Works Pvt Ltd, buy the company report.
Board of directors of Indian Expeller Works Pvt Ltd
Indian Expeller Works has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimit Dinesh Arora | Managing Director | 01 Feb 2002 | 24 Years 9 Months | Current |
| Dineshbhai Jmukinath Arora | Managing Director | 01 Sep 1976 | 50 Years 2 Months | Current |
| Sunita Dineshbhai Arora | Managing Director | 20 Oct 1997 | 29 Years 0 Months | Current |
Peer comparison
Indian Expeller Works Pvt Ltd is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Millmaster Machinery Private Limited | ₹10.11 Cr (FY 2024) | 22.0% | Bangalore, Karnataka, India | |||
| Harvee Engineering Private Limited | ₹10.04 Cr (FY 2025) | 10.0% | Mehsana, Gujarat, India | |||
| Indian Expeller Works Pvt Ltdthis company | ₹10.03 Cr (FY 2024) | ₹1.01 Cr | 10.1% | -29.0% | 19 | Ahmedabad, Gujarat, India |
| Ocmi Glass Machinery Manufacturers India Private Limited | ₹9.99 Cr (FY 2025) | 33.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Indian Expeller Works Pvt Ltd, buy the company report.
Auditor
Indian Expeller Works Pvt Ltd is audited by P M PATEL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M PATEL & CO | FY 2022 | 107741W |
Shareholding
The shareholding of Indian Expeller Works 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 Indian Expeller Works Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2017 | 100093174 | Hdfc Bank Limited | ₹2 Cr | Satisfied | |
| 26 Feb 1996 | 90111309 | State Bank of India | ₹4 Lakh | Satisfied | |
| 03 Jan 1985 | 90111936 | State Bank of India | ₹1.6 Lakh | Satisfied | |
| 24 Jul 1981 | 90111907 | State Bank of India | ₹12 Lakh | Satisfied |
To see the full charge records of Indian Expeller Works Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Indian Expeller Works Pvt Ltd has 3 court cases on record: 1 filed by Indian Expeller Works, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Thejo Engg. Services Pvt. Ltd. Other | Disposed |
| High Court of Gujarat | Court case (AO) | Filed against the company | Disposed |
To see the full case history of Indian Expeller Works Pvt Ltd, 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 Indian Expeller Works Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indian Expeller Works Pvt Ltd has a workforce of 19 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Indian Expeller Works has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI3675G1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Expeller Works Pvt Ltd, buy the company report.
Recent activity
Indian Expeller Works Pvt Ltd has 3 board changes on record since 1976: 3 appointments. The latest: Nimit Dinesh Arora was appointed as Managing Director on 01 Feb 2002.
2 earlier events are in the company report.
Frequently asked questions
Indian Expeller Works is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 28 September 1973 (53+ years old) and is registered under CIN U29199GJ1973PTC002389.
Indian Expeller Works has 3 current directors:
- Nimit Dinesh Arora - Managing Director
- Dineshbhai Jmukinath Arora - Managing Director
- Sunita Dineshbhai Arora - Managing Director
The latest financial statements of Indian Expeller Works 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 Indian Expeller Works is 24AAACI3675G1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Indian Expeller Works is U29199GJ1973PTC002389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Expeller Works has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Indian Expeller Works was incorporated on 28 September 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Indian Expeller Works by revenue are Millmaster Machinery Private Limited, Harvee Engineering Private Limited, Ocmi Glass Machinery Manufacturers India Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nimit Dinesh Arora was appointed as Managing Director on 01 Feb 2002. Sunita Dineshbhai Arora was appointed as Managing Director on 20 Oct 1997. Dineshbhai Jmukinath Arora was appointed as Managing Director on 01 Sep 1976.
Indian Expeller Works can be reached through the website indexpell.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Indian Expeller Works is at A – 4 Naroda Industrial Estatenaroda, Ahmedabad, Gujarat, India – 382330.
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