Mechkraft Engineering Private Limited
About Mechkraft Engineering Private Limited
Data last updated:
Mechkraft Engineering Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 24 November 2010.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2010PTC137823. Its GSTIN is 27AAECC9994Q1ZI (Maharashtra).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹46.87 Lakh. It was formerly known as Concord Drilling Industries (India) Private Limited. It was led by directors including Nakul Vasant Ilawe and Nikhil Anil Dandade.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Milkat No 271 Sector No 21 Plot No 310 Yamuna Nagar Nigadi, Pune, Maharashtra, India – 411044.
As per the financials filed for FY 2020, the company reported a revenue of ₹32.93 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹72,671 (net margin -2.2%) and EBITDA of ₹10.5 Lakh (EBITDA margin 31.9%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 12% over five years.
As per MCA filings, the company had satisfied charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Mechkraft Engineering Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMilkat No 271 Sector No 21 Plot No 310 Yamuna Nagar Nigadi, Pune, Maharashtra, India – 411044
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Mechkraft Engineering Private Limited, buy the company report.
- 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
Financials of Mechkraft Engineering Private Limited
FY 2022 filings availableMechkraft Engineering Private Limited reported revenue of ₹32.93 Lakh (down 57% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 57% fall in the latest year. EBITDA fell 6% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹32.93 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹72,671 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.9% | ||||
| Net Profit Margin | -2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Mechkraft Engineering Private Limited, buy the company report.
Board of directors of Mechkraft Engineering Private Limited
Mechkraft Engineering has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nakul Vasant Ilawe | Director | 26 Jun 2015 | 11 Years 3 Months | As last reported |
| Nikhil Anil Dandade | Director | 04 Feb 2014 | 12 Years 8 Months | As last reported |
| Pratik Bhaskar Gawade Also directs: Vighnaharta Brothers LLP, Ap Business Venture LLP, Accumach Advanced Systems Private Limited and 2 more | Director | 04 Feb 2014 | 12 Years 8 Months | As last reported |
| Ashishkumar Sunil Dandade | Director | 04 Feb 2014 | 12 Years 8 Months | As last reported |
Auditor
Mechkraft Engineering Private Limited is audited by MANGESH PAWAR AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANGESH PAWAR AND ASSOCIATES | FY 2019 | 139660W |
Shareholding
The shareholding of Mechkraft Engineering Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mechkraft Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2014 | 10527641 | Bank of Maharashtra | ₹1 Cr | Satisfied |
To see the full charge records of Mechkraft Engineering Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mechkraft Engineering Private Limited has 1 court case on record: 1 filed by Mechkraft Engineering. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ocean Technologies Through Vaibhav Jidewar | Disposed |
To see the full case history of Mechkraft Engineering 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
No delayed payments to MSME suppliers are on our record for Mechkraft Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mechkraft Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC9994Q1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mechkraft Engineering Private Limited, buy the company report.
Recent activity
Mechkraft Engineering Private Limited has 12 board changes on record since 2012: 4 appointments and 8 cessations. The latest: Nakul Vasant Ilawe ceased to be Additional Director on 30 Sep 2015.
5 earlier events are in the company report.
Frequently asked questions
Mechkraft Engineering has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mechkraft Engineering was a private limited company based in Pune, Maharashtra, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 24 November 2010 and is registered under CIN U74900PN2010PTC137823. The company has been struck off by the Registrar of Companies and is no longer operational.
Mechkraft Engineering had 4 directors:
- Nakul Vasant Ilawe - Director
- Nikhil Anil Dandade - Director
- Pratik Bhaskar Gawade - Director
- Ashishkumar Sunil Dandade - Director
The CIN (Corporate Identification Number) of Mechkraft Engineering is U74900PN2010PTC137823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mechkraft Engineering is at Milkat No 271 Sector No 21 Plot No 310 Yamuna Nagar Nigadi, Pune, Maharashtra, India – 411044.
Mechkraft Engineering was incorporated on 24 November 2010. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Mechkraft Engineering on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Mechkraft Engineering is 27AAECC9994Q1ZI, registered in Maharashtra.
Mechkraft Engineering operated in the machinery and equipment industry, in the industrial tools and components segment. It worked in this industry before it was struck off.
Mechkraft Engineering has 1 court case on record: 1 filed by the company.