Jainath Engineers Private Limited
About Jainath Engineers Private Limited
Data last updated:
Jainath Engineers Private Limited is a private limited 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 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1989PTC054770. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors Gurunath Kashinath Desai and Urmila Ashok Deshpande.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 21 Sundaram Balasetmadurkar Marg Parle West, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.48 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹17,230 (net margin -4.9%) and EBITDA of -₹17,230 (EBITDA margin -4.9%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
As per MCA filings, the company has open charges of ₹13.8 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address21 Sundaram Balasetmadurkar Marg Parle West, Mumbai, Maharashtra, India – 400013
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Jainath Engineers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Jainath Engineers Private Limited
FY 2018 filings availableJainath Engineers Private Limited reported revenue of ₹3.48 Lakh (down 62% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 62% fall in the latest year. EBITDA rose 69% 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 2017-18 | FY 2014-15 to FY 2016-17in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.48 Lakh | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹17,230 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹17,230 | |
| 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 2017-18 | FY 2014-15 to FY 2016-17in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -4.9% | |
| Net Profit Margin | -4.9% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15 to FY 2016-17, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jainath Engineers are in the company report.
: available in the company report
Board of Directors of Jainath Engineers Private Limited
Jainath Engineers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurunath Kashinath Desai | Director | 01 Dec 1990 | 35 Years 10 Months | Current |
| Urmila Ashok Deshpande | Director | 01 Aug 1991 | 35 Years 2 Months | Current |
Auditor Details
Jainath Engineers Private Limited is audited by P G RANADE & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P G RANADE & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2005 | Infrastructure Leasing & Financial Services Ltd. | ₹9 Cr | Open |
| 19 Aug 2005 | State Bank of India | ₹1.8 Cr | Open |
| 19 Aug 2003 | The Saraswat Co- Op. Bank Ltd. | ₹5 Lakh | Open |
| 15 May 2002 | The Saraswat Co- Op. Bank Ltd. | ₹10 Lakh | Open |
| 15 Feb 2000 | The Saraswat Co- Op. Bank Ltd. | ₹35 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Jainath Engineers.
: available in the company report
Recent Activity
Jainath Engineers Private Limited has 2 board changes on record since 1990: 2 appointments. The latest: Urmila Ashok Deshpande was appointed as Director on 01 Aug 1991.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Jainath Engineers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Jainath Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 26 December 1989 (37+ years old) and is registered under CIN U29290MH1989PTC054770.
Jainath Engineers has 2 current directors:
- Gurunath Kashinath Desai - Director
- Urmila Ashok Deshpande - Director
The latest financial statements of Jainath Engineers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Jainath Engineers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Jainath Engineers is U29290MH1989PTC054770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jainath Engineers was incorporated on 26 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Urmila Ashok Deshpande was appointed as Director on 01 Aug 1991. Gurunath Kashinath Desai was appointed as Director on 01 Dec 1990.
The registered office of Jainath Engineers is at 21 Sundaram Balasetmadurkar Marg Parle West, Mumbai, Maharashtra, India – 400013.
Jainath Engineers operates in the machinery and equipment industry, in the industrial tools and components segment.
Jainath Engineers has open charges of ₹13.8 Cr and no satisfied charges on record as per latest MCA filings.