MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-GJ-20-0003924
Inova Cast Pvt Ltd - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹42.91 Cr
▼ 11% YoY
Net profit · FY 2024
₹3.19 Cr
Net margin 7.4%
EBITDA · FY 2024
₹5.2 Cr
EBITDA margin 12.1%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹28 Lakh
Issued & subscribed
Open charges
₹4.99 Cr
Satisfied ₹12.95 Cr
Company age
35 yrs
Est. 1991
Directors on board
5
As per MCA filings
About Inova Cast Pvt Ltd
Data last updated:
Inova Cast Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 19 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1991PTC016297. Its GSTIN is 24AAACI4641L1ZM (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors including Udaykumar Ranchhod Tilva and Vinodkumar Khimji Tilva.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 202 Essen Road Veraval (Shapar) Tal. Kotda Sangani, Rajkot, Gujarat, India – 360024.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.91 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.19 Cr (net margin 7.4%) and EBITDA of ₹5.2 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company is associated with 1 brand: Inova Cast. As per MCA filings, the company has open charges of ₹4.99 Cr and satisfied charges of ₹12.95 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Inova Cast Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0003924). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inovacast.com.
Company details
CIN U27109GJ1991PTC016297
Registration Number 016297
Incorporation Date 19 September 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0003924
Key People
Udaykumar Ranchhod Tilva Director Vinodkumar Khimji Tilva Director Mansukhlal Jeramdas Kaneria Director Recognitions & Rankings of Inova Cast
Contact details
Inova Cast Pvt Ltd's registered office is in Rajkot, Gujarat. Its website is inovacast.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSurvey No. 202 Essen Road Veraval (Shapar) Tal. Kotda Sangani, Rajkot, Gujarat, India – 360024
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Inova Cast Pvt Ltd, buy the company report.
Comprehensive company report
Inova Cast Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Inova Cast operates one associated brand: Inova Cast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of investment castings and precision components for various industries. | inovacast.com |
Business activity
The main business activities of Inova Cast are manufacturing, electricity, gas, steam and air condition supply and support service to organizations. In detail, this covers metal and metal products, electric power generation, transmission and distribution and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Inova Cast Pvt Ltd, buy the company report.
Financials of Inova Cast Pvt Ltd
FY 2024 filings availableInova Cast Pvt Ltd reported revenue of ₹42.91 Cr (down 11% YoY) for FY 2024.
Revenue · FY 2024
₹42.91 Cr ▼ 11%
Net profit · FY 2024
₹3.19 Cr margin 7.4%
EBITDA · FY 2024
₹5.2 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 17%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 23%
5 years · compounded
▲ 16%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 9% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.19 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Inova Cast Pvt Ltd, buy the company report.
Board of directors of Inova Cast Pvt Ltd
Inova Cast has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udaykumar Ranchhod Tilva | Director | 24 Nov 2015 | 10 Years 11 Months | Current |
| Vinodkumar Khimji Tilva | Director | 19 Sep 1991 | 35 Years 1 Months | Current |
| Mansukhlal Jeramdas Kaneria | Director | 13 Jan 2018 | 8 Years 9 Months | Current |
| Rahul Mansukhbhai Patel Also directs: Vinyoflex Limited, Polytrans Lamicoats Private Limited, Roto Screentech Private Limited and 2 more | Director | 24 Nov 2015 | 10 Years 11 Months | Current |
| Kaushik Jerambhai Kotadia | Director | 15 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Inova Cast Pvt Ltd is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hi-Tec Die Cast Private Limited | ₹43.6 Cr (FY 2025) | 0.0% | Tamil Nadu, India | |||
| Harsha Liners Private Limited | ₹43.53 Cr (FY 2019) | 42.0% | Telaprolu, Andhra Pradesh, India | |||
| Goel Alloy & Steel Private Limited | ₹43.4 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Shera Tube Forge Pvt Ltd | ₹43.05 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Inova Cast Pvt Ltdthis company | ₹42.91 Cr (FY 2024) | ₹3.19 Cr | 7.4% | -11.0% | Rajkot, Gujarat, India | |
| Singhal Iron Foundry Private Limited | ₹42.81 Cr (FY 2025) | -6.0% | Farah, Uttar Pradesh, India | |||
| Marvel Technology & Tools Private Limited | ₹42.69 Cr (FY 2024) | 11.0% | Nelamangala, Karnataka, India | |||
| JDS Casting Private Limited | ₹41.93 Cr (FY 2025) | 1.0% | Kalol, Gujarat, India | |||
| Super Kino Equipments Private Limited | ₹41.86 Cr (FY 2024) | 22.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Inova Cast Pvt Ltd, buy the company report.
Auditor
Inova Cast Pvt Ltd is audited by A. R. DOSHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. R. DOSHI & CO. | FY 2023 | 120184W |
Shareholding
The shareholding of Inova Cast Pvt Ltd 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 Inova Cast Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹4.99 Cr
Satisfied charges
₹12.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2021 | 100505348 | Hdfc Bank Limited | ₹4.99 Cr | Open | |
| 11 Jun 2007 | 10067567 | Bank of Baroda | ₹35 Lakh | Satisfied | |
| 26 Oct 2006 | 10027144 | State Bank of Saurashtra | ₹2 Cr | Satisfied | |
| 27 Jan 2006 | 80035537 | Bank of Baroda | ₹2.62 Cr | Satisfied | |
| 02 Mar 1994 | 90104558 | Others | ₹3.99 Cr | Satisfied |
To see the full charge records of Inova Cast Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Inova Cast Pvt Ltd has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (WC NFATAL L) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by State of Gujarat | Disposed |
To see the full case history of Inova Cast 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
Inova Cast Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 38 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Inovative Technocast Private Limited | |||
| Gujarat Silicon Private Limited | |||
| Global Electrodes Private Limited | |||
| Rajeshwari Box Works |
To see the full MSME payment records of Inova Cast Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Inova Cast has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI4641L1ZM | Gujarat | Active | 01 Jul 2017 |
| 24AAACI4641L1DV | Gujarat | Active | 03 Dec 2024 |
To see the full GST registrations and return filing status of Inova Cast Pvt Ltd, buy the company report.
Recent activity
Inova Cast Pvt Ltd has 8 board changes on record since 1991: 5 appointments and 3 cessations. The latest: Kaushik Jerambhai Kotadia was appointed as Director on 15 Jun 2024.
AGM
Inova Cast Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Kaushik Jerambhai Kotadia was appointed as Director.
Ceased
Mansukhlal Premjibhai Patel ceased to be Director.
Filing
Inova Cast Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 499.00 Lakh registered on 17 Nov 2021 with Charge ID 100505348 was modified on 20 May 2022.
Charges
A charge registered on 11 Jun 2007 via Charge ID 10067567 with Bank Of Baroda was fully satisfied on 03 Mar 2022.
Charges
A charge registered on 27 Jan 2006 via Charge ID 80035537 with Bank Of Baroda was fully satisfied on 03 Mar 2022.
Charges
A charge registered on 02 Mar 1994 via Charge ID 90104558 with Others was fully satisfied on 03 Mar 2022.
Charges
A charge registered on 21 Feb 1993 via Charge ID 90104521 with Others was fully satisfied on 03 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 499.00 Lakh with Charge ID 100505348 was registered on 17 Nov 2021.
Charges
A charge with Others of Rs. 398.83 Lakh registered on 21 Feb 1993 with Charge ID 90104521 was modified on 01 Nov 2018.
Charges
A charge with Others of Rs. 398.83 Lakh registered on 02 Mar 1994 with Charge ID 90104558 was modified on 31 Oct 2018.
14 earlier events are in the company report.
Frequently asked questions
Inova Cast is an active private limited company based in Rajkot, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 19 September 1991 (35+ years old) and is registered under CIN U27109GJ1991PTC016297.
Inova Cast has 5 current directors:
- Udaykumar Ranchhod Tilva - Director
- Vinodkumar Khimji Tilva - Director
- Mansukhlal Jeramdas Kaneria - Director
- Rahul Mansukhbhai Patel - Director
- Kaushik Jerambhai Kotadia - Director
The latest financial statements of Inova Cast on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Inova Cast is 24AAACI4641L1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACI4641L1DV (Gujarat).
The CIN (Corporate Identification Number) of Inova Cast is U27109GJ1991PTC016297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inova Cast has 3 court cases on record: 3 filed against it. Most are in the district courts.
Inova Cast was incorporated on 19 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Inova Cast by revenue are Hi-Tec Die Cast Private Limited, Harsha Liners Private Limited, Goel Alloy & Steel Private Limited, Shera Tube Forge Pvt Ltd, Singhal Iron Foundry Private Limited and 3 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Kaushik Jerambhai Kotadia was appointed as Director on 15 Jun 2024. Mansukhlal Premjibhai Patel ceased to be Director on 11 Jun 2024. Mansukhlal Jeramdas Kaneria ceased to be Additional Director on 29 Sep 2018. Inova Cast has 8 board changes on record in total.
Yes, Inova Cast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0003924).
Inova Cast has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 38 overdue payments to 9 micro and small suppliers. The latest return was filed on 01 Jun 2019.
Inova Cast can be reached through the website inovacast.com. Its registered office is in Rajkot, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages