- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-04-0018231

About Industrial Hydraulics Private Limited
Data last updated:
Industrial Hydraulics Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 24 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28110KA1995PTC017666. Its GSTIN is 29AAACI4163K1ZD (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹24.3 Lakh. It is led by directors Mala Manik Desai and Anand Manik Desai.
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 C – 27 Angol Industrial Estateudyambag Belgaum, Karnataka, India – 590008.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.26 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 18.7%) and EBITDA of ₹2.6 Cr (EBITDA margin 41.5%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹95 Lakh on record. Court records list 8 cases involving the company, including 8 filed against it.
Industrial Hydraulics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0018231). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website industrial-hydraulics.com.
Company details
Recognitions & Rankings of Industrial Hydraulics
Contact details
Industrial Hydraulics Private Limited's registered office is in Belgaum, Karnataka. Its website is industrial-hydraulics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 27 Angol Industrial Estateudyambag Belgaum, Karnataka, India – 590008
- IndustryMachinery and Equipment, Hydraulic Machinery & Equipment
To see the full contact details of Industrial Hydraulics 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
Financials of Industrial Hydraulics Private Limited
FY 2025 filings availableIndustrial Hydraulics Private Limited reported revenue of ₹6.26 Cr (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 14% growth in the latest year. EBITDA rose 28% 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 | ₹6.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.17 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 | 41.5% | ||||
| Net Profit Margin | 18.7% | ||||
| 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 Industrial Hydraulics Private Limited, buy the company report.
Board of directors of Industrial Hydraulics Private Limited
Industrial Hydraulics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mala Manik Desai | Director | 24 Apr 1995 | 31 Years 6 Months | Current |
| Anand Manik Desai | Director | 24 Apr 1995 | 31 Years 6 Months | Current |
Auditor
Industrial Hydraulics Private Limited is audited by SURESH E. SARODE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH E. SARODE & ASSOCIATES | FY 2023 | 012112S |
Shareholding
The shareholding of Industrial Hydraulics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Industrial Hydraulics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2021 | 100451404 | Axis Bank Limited | ₹90 Lakh | Open | |
| 02 Jan 1996 | 90198874 | State Bank of India | ₹5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Industrial Hydraulics Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 8 | 0 |
Cases on record (3 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by The Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Industrial Hydraulics 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
Industrial Hydraulics Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 21 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Polyhydron Private Limited | |||
| an individual supplier | |||
| Steel Point (I) Private Limited | |||
| an individual supplier | |||
| Delta Process Control Instruments Private Limited |
To see the full MSME payment records of Industrial Hydraulics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Industrial Hydraulics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI4163K1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Industrial Hydraulics Private Limited, buy the company report.
Recent activity
Industrial Hydraulics Private Limited has 6 board changes on record since 1995: 4 appointments and 2 cessations. The latest: Bhujabali Padmappa Desai ceased to be Managing Director on 29 Oct 2022.
Frequently asked questions
Industrial Hydraulics is an active private limited company based in Belgaum, Karnataka, India. The company works in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 24 April 1995 (31+ years old) and is registered under CIN U28110KA1995PTC017666.
Industrial Hydraulics has 2 current directors:
- Mala Manik Desai - Director
- Anand Manik Desai - Director
The latest financial statements of Industrial Hydraulics 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 Industrial Hydraulics is 29AAACI4163K1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Industrial Hydraulics is U28110KA1995PTC017666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Industrial Hydraulics has 8 court cases on record: 8 filed against it.
Industrial Hydraulics was incorporated on 24 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhujabali Padmappa Desai ceased to be Managing Director on 29 Oct 2022. Manik Padmappa Desai ceased to be Director on 08 Oct 2022. Anand Manik Desai was appointed as Director on 24 Apr 1995. Industrial Hydraulics has 6 board changes on record in total.
Yes, Industrial Hydraulics is registered as a small enterprise under Udyam registration (number: UDYAM-KR-04-0018231).
Industrial Hydraulics has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 21 overdue payments to 21 micro and small suppliers. The latest return was filed on 28 May 2019.
Industrial Hydraulics can be reached through the website industrial-hydraulics.com. Its registered office is in Belgaum, Karnataka, India.

