Komoline Aerospace Limited

Komoline Aerospace Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29219GJ1991PLC070436 Incorporated 24 December 1991 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹2.75 Cr
▼ 24% YoY
Net profit · FY 2025
₹21.79 Lakh
Net margin 7.9%
EBITDA · FY 2025
₹52.29 Lakh
EBITDA margin 19%
Authorised capital
₹1.9 Cr
Registered with MCA
Paid-up capital
₹1.88 Cr
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹5.19 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
20
Provident fund records

About Komoline Aerospace Limited

Data last updated:

Komoline Aerospace Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 December 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29219GJ1991PLC070436. Its GSTIN is 24AAACK7788C1ZH (Gujarat).

The company has an authorised share capital of ₹1.9 Cr and a paid-up capital of ₹1.88 Cr. It was formerly known as Komoline Aerospace Private Limited and Komoline Electronics Private Limited. It is led by directors including Abhiraj Shaunak Shah and Bharat Shamjibhai Patel.

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 110 – 124 Om Tower Satellite Road, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.75 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹21.79 Lakh (net margin 7.9%) and EBITDA of ₹52.29 Lakh (EBITDA margin 19%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 8% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Komoline Aerospace Limited. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹5.19 Cr on record. Court records list 29 cases involving the company, including 8 filed by the company and 21 filed against it; 17 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in July 2011.

Komoline Aerospace Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0056908). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website komoline.com.

Company details

CIN U29219GJ1991PLC070436
Registration Number 070436
Incorporation Date 24 December 1991
ROC Ahmedabad
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-GJ-01-0056908

Name history

Komoline Aerospace has undergone 2 name changes throughout its history. The company was previously known as Komoline Aerospace Private Limited, and Komoline Electronics Private Limited. The current legal name is Komoline Aerospace Limited.

Company NameStatus
Komoline Aerospace LimitedCurrent
Komoline Aerospace Private LimitedPrevious
Komoline Electronics Private LimitedPrevious

CIN history

Komoline Aerospace has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29219GJ1991PLC070436, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29219GJ1991PLC070436Current
U29219GJ1991PTC070436Previous
U31909AP1991PTC062701Previous
U31909GJ1991PTC070436Previous
Key People
Abhiraj Shaunak Shah Director Bharat Shamjibhai Patel Director Shaunak Hasmukhlal Shah Director

Recognitions & Rankings of Komoline Aerospace

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0056908

Contact details

Komoline Aerospace Limited's registered office is in Ahmedabad, Gujarat. Its website is komoline.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    komoline.com
  • Social Media
  • Registered Address
    110 – 124 Om Tower Satellite Road, Ahmedabad, Gujarat, India – 380015
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Komoline Aerospace Limited, buy the company report.

Comprehensive company report
Komoline Aerospace 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Komoline Aerospace operates one associated brand: Komoline Aerospace Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Komoline Aerospace Limited
Aerospace and electronics services in design, development, and manufacturing for space and defence applications.komoline.com

Business activity

The main business activity of Komoline Aerospace is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment

To see the full business activity and turnover split of Komoline Aerospace Limited, buy the company report.

Financials of Komoline Aerospace Limited

FY 2025 filings available

Komoline Aerospace Limited reported revenue of ₹2.75 Cr (down 24% YoY) for FY 2025.

Revenue · FY 2025
₹2.75 Cr ▼ 24%
Net profit · FY 2025
₹21.79 Lakh margin 7.9%
EBITDA · FY 2025
₹52.29 Lakh margin 19%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 30%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 15%
5 years · compounded
▲ 30%

Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 24% fall in the latest year. EBITDA fell 16% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹52.29 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.79 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin19%
Net Profit Margin7.9%
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

To see the full financial statements and ratios of Komoline Aerospace Limited, buy the company report.

Board of directors of Komoline Aerospace Limited

Komoline Aerospace has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhiraj Shaunak Shah
Also directs: Automation System Engineers Private Limited, Abhidev Automotives Private Limited
Director05 May 20233 Years 6 MonthsCurrent
Bharat Shamjibhai Patel
Also directs: D'square Saga LLP, Patviz Venture LLP, Globe Enterprises (India) Limited and 5 more
Director17 Jul 20179 Years 3 MonthsCurrent
Shaunak Hasmukhlal Shah
Also directs: Brillico Gliders LLP, Test and Measurment Solutions Private Limited, Automation System Engineers Private Limited and 1 more
Director17 Jun 201511 Years 4 MonthsCurrent
Nipa Shaunak Shah
Also directs: Test and Measurment Solutions Private Limited, Automation System Engineers Private Limited, Soar Reliability Technologies Private Limited
Director05 May 20233 Years 6 MonthsCurrent
View all directors

Auditor

Komoline Aerospace Limited is audited by BIHARI SHAH & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BIHARI SHAH & COFY 20230119020W

Shareholding

The shareholding of Komoline Aerospace 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Komoline Aerospace Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Cr
Satisfied charges
₹5.19 Cr
Breakdown by lending institutions
Bank of Maharashtra₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Mar 201210345302Bank of Maharashtra₹10 CrOpen
14 Sep 200610022223Hdfc Bank Limited₹4.72 CrSatisfied
22 Nov 200480012282Corporation Bank₹5 LakhSatisfied
24 Jun 199880012285The Kalupur Comm Co Op Bank Limited₹20 LakhSatisfied
25 Apr 199690104646The Kalupur Commercial Co-Op. Bank Limited₹12 LakhSatisfied

To see the full charge records of Komoline Aerospace Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Komoline Aerospace Limited has 1 deal on record (1 acquisition); the latest was in July 2011.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2011Acquisition₹4.95 CrSeller: Astra Microwave Products Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Komoline Aerospace Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Komoline Aerospace Limited has a workforce of 20 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-23.08%

GST

Komoline Aerospace has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACK7788C1ZHGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Komoline Aerospace Limited, buy the company report.

Recent activity

Komoline Aerospace Limited has 14 board changes on record since 2006: 4 appointments and 10 cessations. The latest: Abhiraj Shaunak Shah ceased to be Additional Director on 25 Sep 2023.

AGM
Komoline Aerospace Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Komoline Aerospace Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Abhiraj Shaunak Shah ceased to be Additional Director.
Ceased
Nipa Shaunak Shah ceased to be Additional Director.
Appointed
Abhiraj Shaunak Shah was appointed as Director.
Appointed
Nipa Shaunak Shah was appointed as Director.
Ceased
Bharat Shamjibhai Patel ceased to be Additional Director.
Ceased
Sanjay Bhagwanji Attara ceased to be Director.
Appointed
Bharat Shamjibhai Patel was appointed as Director.
Charges
A charge with Bank Of Maharashtra of Rs. 10.00 Cr registered on 15 Mar 2012 with Charge ID 10345302 was modified on 01 Jan 2016.
Ceased
Niraj Nagindas Shah ceased to be Additional Director.
Ceased
Shaunak Hasmukhlal Shah ceased to be Additional Director.

18 earlier events are in the company report.

Frequently asked questions

Komoline Aerospace is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 December 1991 (35+ years old) and is registered under CIN U29219GJ1991PLC070436.

Komoline Aerospace has 4 current directors:

The latest financial statements of Komoline Aerospace 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 Komoline Aerospace is 24AAACK7788C1ZH, registered in Gujarat.

The CIN (Corporate Identification Number) of Komoline Aerospace is U29219GJ1991PLC070436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Komoline Aerospace has 29 court cases on record: 8 filed by the company and 21 filed against it. 17 are pending. Most are in the district courts.

Komoline Aerospace was incorporated on 24 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Komoline Aerospace has 1 deal on record (1 acquisition); the latest was in July 2011.

Abhiraj Shaunak Shah ceased to be Additional Director on 25 Sep 2023. Nipa Shaunak Shah ceased to be Additional Director on 25 Sep 2023. Abhiraj Shaunak Shah was appointed as Director on 05 May 2023. Komoline Aerospace has 14 board changes on record in total.

Yes, Komoline Aerospace is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0056908).