MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0004861
Insteel Engineers Limited - engineering in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹82.5 Cr
▲ 9% YoY
Net profit · FY 2025
₹5.18 Cr
Net margin 6.3%
EBITDA · FY 2025
₹10.5 Cr
EBITDA margin 12.7%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹1.04 Cr
Issued & subscribed
Open charges
₹87.62 Cr
Satisfied ₹40.83 Cr
Company age
17 yrs
Est. 2009
Directors on board
7
As per MCA filings
About Insteel Engineers Limited
Data last updated:
Insteel Engineers Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 08 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28113MH2009PLC193093. Its GSTIN is 27AACCI1226M1ZL (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors including Raju Pandurang Jagtap (Managing Director) and Rupali Jagtap.
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 804/805/806 The Ambience Court Opp Rto Office Sector 19D Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.5 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹5.18 Cr (net margin 6.3%) and EBITDA of ₹10.5 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
The company is associated with 1 brand: Insteelengg. As per MCA filings, the company has open charges of ₹87.62 Cr and satisfied charges of ₹40.83 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 6 cases are pending.
Insteel Engineers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0004861). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website insteelengg.com.
Company details
CIN U28113MH2009PLC193093
Registration Number 193093
Incorporation Date 08 June 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0004861
CIN history
Insteel Engineers has one previous CIN (Corporate Identification Number): U28113MH2009PTC193093. The current CIN is U28113MH2009PLC193093, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28113MH2009PLC193093 | Current |
| U28113MH2009PTC193093 | Previous |
Key People
Raju Pandurang Jagtap Managing Director Rupali Jagtap Director Swapnil Rohidas Kangankar Director Recognitions & Rankings of Insteel Engineers
Contact details
Insteel Engineers Limited's registered office is in Navi Mumbai, Maharashtra. Its website is insteelengg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address804/805/806 The Ambience Court Opp Rto Office Sector 19D Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Insteel Engineers Limited, buy the company report.
Comprehensive company report
Insteel Engineers Limited - 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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Brands
Insteel Engineers operates one associated brand: Insteelengg. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers BIM, structural designing, fabrication, erection, and EPC construction services. | insteelengg.com |
Financials of Insteel Engineers Limited
FY 2025 filings availableInsteel Engineers Limited reported revenue of ₹82.5 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹82.5 Cr ▲ 9%
Net profit · FY 2025
₹5.18 Cr margin 6.3%
EBITDA · FY 2025
₹10.5 Cr margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 64%
Revenue has grown at a compounded annual rate (CAGR) of 37% over three years, including 9% growth in the latest year. EBITDA rose 37% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹10.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.18 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Insteel Engineers Limited, buy the company report.
Board of directors of Insteel Engineers Limited
Insteel Engineers has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupali Jagtap | Director | 08 Jun 2009 | 17 Years 4 Months | Current |
| Swapnil Rohidas Kangankar | Director | 08 Nov 2024 | 1 Years 11 Months | Current |
| Shashank Jadhav | Director | 29 Jul 2024 | 2 Years 3 Months | Current |
| Sudhir Ramnath Rele | Director | 29 Jul 2024 | 2 Years 3 Months | Current |
| Raju Pandurang Jagtap Also directs: Ebfi Private Limited | Managing Director | 08 Jun 2009 | 17 Years 4 Months | Current |
| Balasaheb Babanrao Gatkal | Director | 27 Nov 2024 | 1 Years 11 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Insteel Engineers Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Engineering Design), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arcop Associates Private Ltd. | ₹85.42 Cr (FY 2025) | 41.0% | New Delhi, Delhi, India | |||
| Semac Consultants Private Limited | ₹83.87 Cr (FY 2022) | 62.0% | Coimbatore, Tamil Nadu, India | |||
| Development Consultants Private Limited | ₹83.39 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Bim Integrated Services Private Limited | ₹82.68 Cr (FY 2025) | 55.0% | Delhi, India | |||
| Insteel Engineers Limitedthis company | ₹82.5 Cr (FY 2025) | ₹5.18 Cr | 6.3% | 9.0% | Navi Mumbai, Maharashtra, India | |
| Turner Consulting and Management Services Private Limited | ₹82.5 Cr (FY 2025) | 49.0% | Mumbai, Maharashtra, India | |||
| Green-Cad IT Consulting Private Limited | ₹81.7 Cr (FY 2025) | 12.0% | Delhi, India | |||
| Imagegrafix Software Solutions Private Limited | ₹80.87 Cr (FY 2025) | 19.0% | Chennai, Tamil Nadu, India | |||
| I S G Traders Limited | ₹80.5 Cr (FY 2018) | 450.0% | Kolkata, West Bengal, India | |||
| Ayesa India Private Limited | ₹79.75 Cr (FY 2024) | 1.0% | Noida, Uttar Pradesh, India | |||
| Kny Projects Private Limited | ₹79.74 Cr (FY 2025) | 97.0% | New Delhi, Delhi, India |
To see the full peer comparison of Insteel Engineers Limited, buy the company report.
Auditor
Insteel Engineers Limited is audited by E.A.PATIL & ASSOCIATES LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E.A.PATIL & ASSOCIATES LLP | FY 2024 | 117371W/W100092 |
Shareholding
The shareholding of Insteel Engineers Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Insteel Engineers Limited, buy the company report.
Charges & borrowings
Open charges
₹87.62 Cr
Satisfied charges
₹40.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2025 | 101140683 | Others | ₹20 Lakh | Open | |
| 24 Jul 2025 | 101140686 | Others | ₹20 Lakh | Open | |
| 24 Jul 2025 | 101140693 | Others | ₹20 Lakh | Open | |
| 24 Jul 2025 | 101140700 | Others | ₹20 Lakh | Open | |
| 12 Sep 2024 | 100984476 | Others | ₹1.17 Cr | Open |
To see the full charge records of Insteel Engineers Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Insteel Engineers Limited has 7 court cases on record: 2 filed by Insteel Engineers, 5 filed against it. 6 cases are pending and 1 is disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
6
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 5 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by M/S. Vinayak Roofing Services Through Balasaheb S Ingawale | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India Through Chief Secretary Department of Revenue Ministry of Finance | Pending |
To see the full case history of Insteel Engineers 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.
Credit ratings & regulatory alerts
Insteel Engineers Limited was last rated by Crisil on 13 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Feb 2020 |
To see the full credit ratings and regulatory alerts of Insteel Engineers Limited, buy the company report.
MSME payment delays
Insteel Engineers Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 13 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Netverk Steel & Construction Solutions Private Limited | |||
| an individual supplier | |||
| Vikas Paints | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Insteel Engineers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Insteel Engineers has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI1226M1ZL | Maharashtra | Active | 01 Jul 2017 |
| 34AACCI1226M2ZP | Puducherry | Active | 19 Mar 2018 |
| 24AACCI1226M1ZR | Gujarat | Active | 08 Jun 2018 |
To see the full GST registrations and return filing status of Insteel Engineers Limited, buy the company report.
Recent activity
Insteel Engineers Limited has 16 board changes on record since 2009: 9 appointments and 7 cessations. The latest: Madanambeti Subrahmanyam was appointed as Additional Director on 23 Dec 2025.
Appointed
Madanambeti Subrahmanyam was appointed as Additional Director.
Charges
A charge with Others of Rs. 85.65 Cr registered on 28 Sep 2022 with Charge ID 100646173 was modified on 22 Dec 2025.
AGM
Insteel Engineers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Balasaheb Babanrao Gatkal ceased to be Additional Director.
Ceased
Mukund Kulkarni Raj ceased to be Additional Director.
Ceased
Swapnil Rohidas Kangankar ceased to be Additional Director.
Appointed
Ashok Laxmikant Tiwari was appointed as CFO.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101140683 was registered on 24 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101140686 was registered on 24 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101140693 was registered on 24 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101140700 was registered on 24 Jul 2025.
Filing
Insteel Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
44 earlier events are in the company report.
Frequently asked questions
Insteel Engineers is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 08 June 2009 (17+ years old) and is registered under CIN U28113MH2009PLC193093.
Insteel Engineers has 7 current directors:
- Raju Pandurang Jagtap - Managing Director
- Rupali Jagtap - Director
- Swapnil Rohidas Kangankar - Director
- Shashank Jadhav - Director
- Sudhir Ramnath Rele - Director
- Balasaheb Babanrao Gatkal - Director
- Madanambeti Subrahmanyam - Additional Director
The latest financial statements of Insteel Engineers 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 Insteel Engineers is 27AACCI1226M1ZL, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 34AACCI1226M2ZP (Puducherry), 24AACCI1226M1ZR (Gujarat).
The CIN (Corporate Identification Number) of Insteel Engineers is U28113MH2009PLC193093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Insteel Engineers has 7 court cases on record: 2 filed by the company and 5 filed against it. 6 are pending. Most are in the district courts.
Insteel Engineers was incorporated on 08 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Insteel Engineers by revenue are Arcop Associates Private Ltd, Semac Consultants Private Limited, Development Consultants Private Limited, Bim Integrated Services Private Limited, Turner Consulting and Management Services Private Limited and 5 more, all in the Engineering industry (Engineering Design).
Madanambeti Subrahmanyam was appointed as Additional Director on 23 Dec 2025. Balasaheb Babanrao Gatkal ceased to be Additional Director on 29 Sep 2025. Mukund Kulkarni Raj ceased to be Additional Director on 29 Sep 2025. Insteel Engineers has 16 board changes on record in total.
Yes, Insteel Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0004861).
Insteel Engineers has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 13 overdue payments to 13 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Insteel Engineers can be reached through the website insteelengg.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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