About Kandi Engineering Private Limted
Data last updated:
Kandi Engineering Private Limted is a private limited company based in Thane, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 20 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1982PTC028527. Its GSTIN is 27AAACK2628K1ZH (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sanjay Kailash Aggarwal and Savita Sanjay Aggarwal.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.32 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹7.68 Lakh (net margin 0.9%) and EBITDA of ₹33.67 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 9% over five years.
As per MCA filings, the company has satisfied charges of ₹3.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kandi.co.in.
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- TelephoneLocked
- Website
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- Registered AddressPlot No.3 Survey No.90/4 &91/2 Dam Road Villae Manor Taluka Palghar Dist.Thana 4, 01403, Thane, Maharashtra, India – 401403
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 of Kandi Engineering Private Limted
The main business activity of Kandi Engineering Private Limted is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and 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
Verified entity values are shown only after access is granted.
Financials of Kandi Engineering Private Limted FY 2024 filings available
Kandi Engineering Private Limted reported revenue of ₹8.32 Cr (up 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kandi Engineering Private Limted
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 52% growth in the latest year. EBITDA rose 19% 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 of Kandi Engineering Private Limted
| 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 | ₹33.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.68 Lakh | •••• | •••• | •••• | •••• |
| 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 of Kandi Engineering Private Limted
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 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 Kandi Engineering Private Limted are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kandi Engineering Private Limted
Kandi Engineering Private Limted is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Foundry and Fabrication, Industrial Products Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qualitech Forge Private Limited | •••• | •••• | •••• | •••• | - | Veraval Rajkot, Gujarat, India |
| G.P.K. Engineering Company Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Petromech Engineers Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| IV Square Structure India Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Alpha Nippon Innovatives Limited | •••• | •••• | •••• | •••• | - | Dholka, Gujarat, India |
| Kandi Engineering Private Limted this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Ventilair India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Wemech Automation Private Limited | •••• | •••• | •••• | •••• | 145 | Bangalore North, Karnataka, India |
| Indocool Metals Private Limited | •••• | •••• | •••• | •••• | - | Poonamallee, Tamil Nadu, India |
| Accurate Robotic Solutions Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| Warehouse International Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Kandi Engineering Private Limted by revenue in the Machinery and Equipment industry (Foundry and Fabrication, Industrial Products Manufacturers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Kandi Engineering Private Limted
Kandi Engineering Private Limted is audited by KAMAL ANIL KAPADIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAMAL ANIL KAPADIA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kandi Engineering Private Limted
Kandi Engineering Private Limted 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 |
|---|---|---|---|---|
| Sanjay Kailash Aggarwal | Director | 04 Nov 1982 | 43 Years 11 Months | Current |
| Savita Sanjay Aggarwal | Director | 02 Aug 2010 | 16 Years 2 Months | Current |
Ownership and Shareholding of Kandi Engineering Private Limted
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kandi Engineering Private Limted
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2013 | Hdfc Bank Limited | ₹1.3 Cr | Satisfied |
| 18 Feb 2011 | State Bank of Mysore | ₹1.5 Cr | Satisfied |
| 15 Dec 2006 | State Bank of Mysore | ₹30 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Kandi Engineering Private Limted
Employment history and EPFO contributions of people linked to Kandi Engineering Private Limted.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Kandi Engineering Private Limted
Kandi Engineering Private Limted has 4 board changes on record since 1982: 2 appointments and 2 cessations. The latest: Harish Kailash Aggarwal ceased to be Director on 01 Oct 2013.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kandi Engineering Private Limted
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kandi Engineering Private Limted
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kandi Engineering Private Limted
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kandi Engineering Private Limted
Kandi Engineering Private Limted has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK2628K1ZH | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kandi Engineering Private Limted
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kandi Engineering Private Limted
Kandi Engineering Private Limted is an active private limited company based in Thane, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 20 October 1982 (44+ years old) and is registered under CIN U74210MH1982PTC028527.
Kandi Engineering Private Limted reported revenue of ₹8.32 Cr for FY 2025 (up 52% YoY).
Kandi Engineering Private Limted has 2 current directors:
- Sanjay Kailash Aggarwal - Director
- Savita Sanjay Aggarwal - Director
Kandi Engineering Private Limted reported a net profit of ₹7.68 Lakh (net margin 0.9%) and EBITDA of ₹33.67 Lakh (EBITDA margin 4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kandi Engineering Private Limted is 3% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kandi Engineering Private Limted is 27AAACK2628K1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kandi Engineering Private Limted is U74210MH1982PTC028527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandi Engineering Private Limted was incorporated on 20 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kandi Engineering Private Limted by revenue are Qualitech Forge Private Limited, G.P.K. Engineering Company Private Limited, Petromech Engineers Private Limited, IV Square Structure India Private Limited, Alpha Nippon Innovatives Limited and 5 more, all in the Machinery and Equipment industry (Foundry and Fabrication, Industrial Products Manufacturers).
Harish Kailash Aggarwal ceased to be Director on 01 Oct 2013. Shardadevi Kailash Aggarwal ceased to be Director on 01 Oct 2013. Savita Sanjay Aggarwal was appointed as Director on 02 Aug 2010. Kandi Engineering Private Limted has 4 board changes on record in total.
Kandi Engineering Private Limted can be reached through the website kandi.co.in. Its registered office is in Thane, Maharashtra, India.