India's Richest People 2026 edition · 3 directors · Source: Hurun India
- #147 Jamshyd Godrej & family ₹24,700 Cr
- #361 Parakramsinh Ghanshyamsinh Jadeja ₹10,300 Cr
- #579 Shrinivas Shirgurkar & family ₹5,800 Cr
Revenue · FY 2024
₹134.89 Cr
▼ 31% YoY
Net profit · FY 2024
₹37.93 Cr
Net margin 28.1%
EBITDA · FY 2024
₹37.86 Cr
EBITDA margin 28.1%
Open charges
₹323.03 Cr
Satisfied ₹150 Cr
Company age
53 yrs
Est. 1973
Employees · EPFO
74
Provident fund records
Directors on board
25
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
About Indian Machine Tool Manufacturers Association
Data last updated:
Indian Machine Tool Manufacturers Association is a public limited guarantee & association company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 26 March 1973 and has been in existence for over 53 years.
Its director Jamshyd Godrej and family are #147 among India's richest people (2026). Its director Parakramsinh Ghanshyamsinh Jadeja is #361 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1973GAP016420. Its GSTIN is 27AAACI1369M1ZB (Maharashtra). The company holds 18 GST registrations, of which 6 are active.
It is led by directors including Parakramsinh Ghanshyamsinh Jadeja and Soundhar Rajhan Kandaswamy.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Kalyaniwalla Mistry & Assoc.A. Plant No 13 Extension Office Godrej Campus, Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2024, the company reported a revenue of ₹134.89 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹37.93 Cr (net margin 28.1%) and EBITDA of ₹37.86 Cr (EBITDA margin 28.1%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years.
The company has about 74 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IMTMA. As per MCA filings, the company has open charges of ₹323.03 Cr and satisfied charges of ₹150 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imtma.in.
Company details
CIN U29290MH1973GAP016420
Registration Number 016420
Incorporation Date 26 March 1973
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
CIN history
Indian Machine Tool Manufacturers Association has one previous CIN (Corporate Identification Number): L29290MH1973GAP016420. The current CIN is U29290MH1973GAP016420, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29290MH1973GAP016420 | Current |
| L29290MH1973GAP016420 | Previous |
Key People
Jibak Dasgupta Ceo Parakramsinh Ghanshyamsinh Jadeja Director Soundhar Rajhan Kandaswamy Director Recognitions & Rankings of Indian Machine Tool Manufacturers Association
Contact details
Indian Machine Tool Manufacturers Association's registered office is in Mumbai, Maharashtra. Its website is imtma.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressC/O Kalyaniwalla Mistry & Assoc.A. Plant No 13 Extension Office Godrej Campus, Mumbai, Maharashtra, India – 400070
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Indian Machine Tool Manufacturers Association, buy the company report.
Comprehensive company report
Indian Machine Tool Manufacturers Association - 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 Indian Machine Tool Manufacturers Association is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Indian Machine Tool Manufacturers Association, buy the company report.
Financials of Indian Machine Tool Manufacturers Association
FY 2025 filings availableIndian Machine Tool Manufacturers Association reported revenue of ₹134.89 Cr (down 31% YoY) for FY 2024.
Revenue · FY 2024
₹134.89 Cr ▼ 31%
Net profit · FY 2024
₹37.93 Cr margin 28.1%
EBITDA · FY 2024
₹37.86 Cr margin 28.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 149%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 39%
Revenue fell 31% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 149%. EBITDA fell 55% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.93 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.1% | ||||
| Net Profit Margin | 28.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indian Machine Tool Manufacturers Association, buy the company report.
Board of directors and KMP of Indian Machine Tool Manufacturers Association
Indian Machine Tool Manufacturers Association currently reports 24 directors and 1 key managerial person. 42 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parakramsinh Ghanshyamsinh Jadeja Also directs: Jyoti CNC Automation Limited, Neorajkot Foundation | Director | 06 Sep 2013 | 13 Years 2 Months | Current |
| Soundhar Rajhan Kandaswamy | Director | 23 Sep 2016 | 10 Years 1 Months | Current |
| Jiselle Nisha Lobo | Director | 12 Sep 2019 | 7 Years 2 Months | Current |
| Chandra Sekhara Bharathi | Director | 10 Sep 2025 | 1 Years 2 Months | Current |
| Rajesh Bhaskar Mandlik Also directs: Setco Spindles India Private Limited | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Shrinivas Govindrao Shirgurkar | Director | 29 Aug 2012 | 14 Years 2 Months | Current |
Showing 6 of 25 current directors and KMP. View all directors and KMP
Peer comparison
Indian Machine Tool Manufacturers Association is compared with the 8 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hubbell Services Private Limited | ₹136.42 Cr (FY 2024) | 23.0% | Chennai, Tamil Nadu, India | |||
| Evalueserve Sez (Gurgaon) Private Limited | ₹136.32 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Aravali Technical Services Private Limited | ₹136.29 Cr (FY 2025) | 12.0% | Revdanda, Maharashtra, India | |||
| Indian Pac Consulting Private Limited | ₹135.98 Cr (FY 2025) | -35.0% | Kolkata, West Bengal, India | |||
| Indian Machine Tool Manufacturers Associationthis company | ₹134.89 Cr (FY 2024) | ₹37.93 Cr | 28.1% | -31.0% | Mumbai, Maharashtra, India | |
| Tidel Park Limited | ₹134.47 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Starrise Mercantile Private Limited | ₹132.57 Cr (FY 2024) | -24.0% | Ichalkaranji, Maharashtra, India | |||
| Hema's Enterprises Private Limited | ₹132.57 Cr (FY 2025) | 27.0% | Chennai, Tamil Nadu, India | |||
| GSH (India) Private Limited | ₹132.51 Cr (FY 2024) | 28.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Indian Machine Tool Manufacturers Association, buy the company report.
Auditor
Indian Machine Tool Manufacturers Association is audited by Kalyaniwalla & Mistry Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kalyaniwalla & Mistry Llp | FY 2023 | 104607W/W100166 |
Shareholding
The shareholding of Indian Machine Tool Manufacturers Association is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Indian Machine Tool Manufacturers Association, buy the company report.
Charges & borrowings
Open charges
₹323.03 Cr
Satisfied charges
₹150 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2021 | 100531921 | Others | ₹22 Cr | Open | |
| 16 Feb 2021 | 100425618 | Others | ₹22 Cr | Open | |
| 11 Jun 2018 | 100188045 | Others | ₹34 Cr | Open | |
| 05 Sep 2014 | 10522800 | State Bank of India | ₹141.03 Cr | Open | |
| 06 Sep 2012 | 10380342 | Others | ₹104 Cr | Open |
To see the full charge records of Indian Machine Tool Manufacturers Association, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Indian Machine Tool Manufacturers Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Indian Machine Tool Manufacturers Association was last rated by Care on 04 Oct 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Oct 2022 |
To see the full credit ratings and regulatory alerts of Indian Machine Tool Manufacturers Association, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indian Machine Tool Manufacturers Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Machine Tool Manufacturers Association has 18 GST registrations: 6 active and 12 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
18
Active
6
Cancelled / inactive
12
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1369M1ZB | Maharashtra | Active | 01 Jul 2017 |
| 06AAACI1369M1ZF | Haryana | Active | 01 Jul 2017 |
| 29AAACI1369M1Z7 | Karnataka | Active | 01 Jul 2017 |
| 07AAACI1369M1ZD | Delhi | Active | 10 Aug 2017 |
To see the full GST registrations and return filing status of Indian Machine Tool Manufacturers Association, buy the company report.
Recent activity
Indian Machine Tool Manufacturers Association has 107 board changes on record since 2003: 65 appointments and 42 cessations. The latest: Chandra Sekhara Bharathi was appointed as Director on 10 Sep 2025.
AGM
Indian Machine Tool Manufacturers Association last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Appointed
Chandra Sekhara Bharathi was appointed as Director.
Appointed
Chandraiah Subbanna Shiva Shankaraiah was appointed as Director.
Appointed
Doraiswamy Shanmugasundaram was appointed as Director.
Ceased
Kabir Nirmal Bhogilal ceased to be Director.
Appointed
Mahesh Suresh Bhirangi was appointed as Director.
Appointed
Nagesh Velaga was appointed as Director.
Ceased
Rajendra Shivappa Rajamane ceased to be Director.
Appointed
Ramakrishna Suresh was appointed as Director.
Ceased
Srikrishna Mullapudi ceased to be Director.
Filing
Indian Machine Tool Manufacturers Association has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Nirmal Pratap Bhogilal was appointed as Director.
121 earlier events are in the company report.
Frequently asked questions
Indian Machine Tool Manufacturers Association is an active public limited guarantee & association based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 26 March 1973 (53+ years old) and is registered under CIN U29290MH1973GAP016420.
Indian Machine Tool Manufacturers Association has 25 current directors and KMP:
- Parakramsinh Ghanshyamsinh Jadeja - Director
- Soundhar Rajhan Kandaswamy - Director
- Jiselle Nisha Lobo - Director
- Chandra Sekhara Bharathi - Director
- Rajesh Bhaskar Mandlik - Director
- Shrinivas Govindrao Shirgurkar - Director
- Krishnan Lakshmikanthan - Director
- Ravi Raghavan - Director
- Nikhil Agrawal - Director
- Mohini Milind Kelkar - Director
- Venkatesan Vijaykrishnan - Director
- Srinivasan Rangarajan - Director
- Jamshyd Naoroji Godrej - Director
- Rangachar Padmanabhan Cattan Coletore - Director
- Chandraiah Subbanna Shiva Shankaraiah - Director
- Ramakrishna Suresh - Director
- Doraiswamy Shanmugasundaram - Director
- Mahesh Suresh Bhirangi - Director
- Nagesh Velaga - Director
- Nirmal Pratap Bhogilal - Director
- Yuki Kita - Director
- Thirumalaimuppur Ramesh - Director
- Vikram Vilas Salunke - Director
- Ingrid Anthony Rasquinha - Director
- Jibak Dasgupta - Ceo
The latest financial statements of Indian Machine Tool Manufacturers Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Machine Tool Manufacturers Association is 27AAACI1369M1ZB, registered in Maharashtra. The company has 18 GST registrations in all, of which 6 are active and 12 are cancelled or inactive. Other active GSTINs include 06AAACI1369M1ZF (Haryana), 29AAACI1369M1Z7 (Karnataka), 07AAACI1369M1ZD (Delhi).
The CIN (Corporate Identification Number) of Indian Machine Tool Manufacturers Association is U29290MH1973GAP016420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Machine Tool Manufacturers Association was incorporated on 26 March 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Indian Machine Tool Manufacturers Association by revenue are Hubbell Services Private Limited, Evalueserve Sez (Gurgaon) Private Limited, Aravali Technical Services Private Limited, Indian Pac Consulting Private Limited, Tidel Park Limited and 3 more, all in the same principal business activity (other support services to organizations).
Chandra Sekhara Bharathi was appointed as Director on 10 Sep 2025. Chandraiah Subbanna Shiva Shankaraiah was appointed as Director on 10 Sep 2025. Doraiswamy Shanmugasundaram was appointed as Director on 10 Sep 2025. Indian Machine Tool Manufacturers Association has 107 board changes on record in total.
Indian Machine Tool Manufacturers Association can be reached through the website imtma.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Indian Machine Tool Manufacturers Association is at CO Kalyaniwalla Mistry & Assoc.A. Plant No 13 Extension Office Godrej Campus, Mumbai, Maharashtra, India – 400070.
Indian Machine Tool Manufacturers Association operates in the machinery and equipment industry, in the industrial tools and components segment.
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