MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0027266
Insulref Technologies Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.07 Cr
▲ 31% YoY
Net profit · FY 2025
₹65.02 Lakh
Net margin 2.4%
EBITDA · FY 2025
₹1.67 Cr
EBITDA margin 6.2%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹3.27 Lakh
Issued & subscribed
Open charges
₹25.66 Cr
Satisfied ₹1.5 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
209
Provident fund records
About Insulref Technologies Private Limited
Data last updated:
Insulref Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Stg Refractory Services Private Limited. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 02 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC250625. Its GSTIN is 27AADCI4075R1ZX (Maharashtra). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹3.27 Lakh. It is led by directors including Sudhakar Madhukar Ghade and Subhra Kanti Ghosh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No – 705 Supremus IT Park I Think Techno Campus Kanjurmarg East, Mumbai, Maharashtra, India – 400042.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.07 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹65.02 Lakh (net margin 2.4%) and EBITDA of ₹1.67 Cr (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
The company has about 209 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.66 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Insulref Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0027266). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website insulrefgroup.com.
Company details
CIN U74999MH2013PTC250625
Registration Number 250625
Incorporation Date 02 December 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Stg Refractory Services Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0027266
Key People
Sudhakar Madhukar Ghade Director Subhra Kanti Ghosh Director Praful Ramchandra Jadhav Additional Director Recognitions & Rankings of Insulref Technologies
Contact details
Insulref Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is insulrefgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No – 705 Supremus IT Park I Think Techno Campus Kanjurmarg East, Mumbai, Maharashtra, India – 400042
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Insulref Technologies Private Limited, buy the company report.
Comprehensive company report
Insulref Technologies Private 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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Business activity
The main business activity of Insulref Technologies is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Insulref Technologies Private Limited, buy the company report.
Financials of Insulref Technologies Private Limited
FY 2024 filings availableInsulref Technologies Private Limited reported revenue of ₹27.07 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹27.07 Cr ▲ 31%
Net profit · FY 2025
₹65.02 Lakh margin 2.4%
EBITDA · FY 2025
₹1.67 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 5%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 31%
5 years · compounded
▲ 10%
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 31% 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 |
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| Total Expenses | |||||
| EBITDA | ₹1.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.02 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Insulref Technologies Private Limited, buy the company report.
Board of directors of Insulref Technologies Private Limited
Insulref Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakar Madhukar Ghade Also directs: STG Refractory Services Private Limited | Director | 03 Aug 2022 | 4 Years 2 Months | Current |
| Subhra Kanti Ghosh | Director | 02 Dec 2013 | 12 Years 10 Months | Current |
| Praful Ramchandra Jadhav | Additional Director | 26 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Insulref Technologies Private Limited is audited by Pary & Co. Chartered Accountant for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pary & Co. Chartered Accountant | FY 2022 | 007288C |
Shareholding
The shareholding of Insulref Technologies 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 Insulref Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.66 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2018 | 100175218 | Hdfc Bank Limited | ₹12.83 Cr | Open | |
| 12 Apr 2018 | 100175214 | Hdfc Bank Limited | ₹12.83 Cr | Open | |
| 29 Mar 2017 | 100091603 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Insulref Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Insulref Technologies Private Limited 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 | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Tiki Tar Industries ( Baroda ) Limited Through Its Authorised Person Nidhi Khandelwal | Disposed |
| District court, Ambedkar Nagar, Uttar Pradesh | Criminal case | Filed against the company by U.P State Government | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by an individual | Disposed |
To see the full case history of Insulref Technologies 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
Insulref Technologies Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 433 overdue payments to 51 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 51)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Polybond Insulation Private Limited | |||
| an individual supplier | |||
| H.K.Enterprises | |||
| an individual supplier | |||
| Capricorn Coatings & Colours |
To see the full MSME payment records of Insulref Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Insulref Technologies Private Limited has a workforce of 209 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
209
Active EPFO establishments
1
Employee growth
-7.52%
GST
Insulref Technologies has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
7
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI4075R1ZX | Maharashtra | Active | 01 Jul 2017 |
| 19AADCI4075R1ZU | West Bengal | Active | 01 Jul 2017 |
| 24AADCI4075R1Z3 | Gujarat | Active | 01 Jul 2017 |
| 37AADCI4075R1ZW | Andhra Pradesh | Active | 21 Mar 2019 |
To see the full GST registrations and return filing status of Insulref Technologies Private Limited, buy the company report.
Recent activity
Insulref Technologies Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Rohan Mahasukh Shah ceased to be Director on 27 Nov 2024.
Ceased
Rohan Mahasukh Shah ceased to be Director.
Appointed
Praful Ramchandra Jadhav was appointed as Additional Director.
AGM
Insulref Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Insulref Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Sudhakar Madhukar Ghade ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 12.83 Cr registered on 12 Apr 2018 with Charge ID 100175214 was modified on 03 Aug 2022.
Appointed
Sudhakar Madhukar Ghade was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 12.83 Cr registered on 17 Apr 2018 with Charge ID 100175218 was modified on 14 Jul 2022.
Ceased
Anil Dwarika Kaul ceased to be Director.
Charges
A charge registered on 29 Mar 2017 via Charge ID 100091603 with Axis Bank Limited was fully satisfied on 01 Jun 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.83 Cr with Charge ID 100175218 was registered on 17 Apr 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.83 Cr with Charge ID 100175214 was registered on 12 Apr 2018.
6 earlier events are in the company report.
Frequently asked questions
Insulref Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 02 December 2013 (13+ years old) and is registered under CIN U74999MH2013PTC250625.
Insulref Technologies has 3 current directors:
- Sudhakar Madhukar Ghade - Director
- Subhra Kanti Ghosh - Director
- Praful Ramchandra Jadhav - Additional Director
The latest financial statements of Insulref Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Insulref Technologies is 27AADCI4075R1ZX, registered in Maharashtra. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 19AADCI4075R1ZU (West Bengal), 24AADCI4075R1Z3 (Gujarat), 37AADCI4075R1ZW (Andhra Pradesh).
The CIN (Corporate Identification Number) of Insulref Technologies is U74999MH2013PTC250625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Insulref Technologies has 3 court cases on record: 3 filed against it.
Insulref Technologies was incorporated on 02 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Rohan Mahasukh Shah ceased to be Director on 27 Nov 2024. Praful Ramchandra Jadhav was appointed as Additional Director on 26 Nov 2024. Sudhakar Madhukar Ghade ceased to be Additional Director on 30 Sep 2022. Insulref Technologies has 8 board changes on record in total.
Yes, Insulref Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0027266).
Insulref Technologies has 12 MSME Form 1 returns on record between 2019 and 2023, listing 433 overdue payments to 51 micro and small suppliers. The latest return was filed on 20 Oct 2023.
Insulref Technologies can be reached through the website insulrefgroup.com. Its registered office is in Mumbai, Maharashtra, India.