About Menon Piston Rings Private Limited
Data last updated:
Menon Piston Rings Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 25 October 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29113MH1985PTC037862. Its GSTIN is 27AABCM2375A1ZV (Maharashtra). The company holds 16 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹11.25 Cr and a paid-up capital of ₹10.87 Cr. It was formerly known as Menon Ancillaries ( Auto) Private Limited and Menon Ancillaries ( Auto) Limited. It is led by directors including Sachin Ram Menon (Managing Director) and Ramesh Dattatraya Dixit.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 197 – A Sambhapurkasarwadi Road Toap, Kolhapur, Maharashtra, India – 416122.
As per the financials filed for FY 2025, the company reported a revenue of ₹116.19 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹13.04 Cr (net margin 11.2%) and EBITDA of ₹19.69 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Menon and Menon Pistons. As per MCA filings, the company has open charges of ₹18.7 Cr and satisfied charges of ₹38.78 Cr on record. Court records list 27 cases involving the company, including 14 filed by the company and 13 filed against it; 4 cases are pending. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹8.12 Cr; the latest was in January 2018. Its 10 peer companies in the Automobiles industry (Auto Ancillary) are compared by revenue, 5 larger and 5 smaller; the largest is Avlight Automotives Private Limited with revenue of ₹116.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website menonpistons.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address197 – A Sambhapurkasarwadi Road Toap, Kolhapur, Maharashtra, India – 416122
- IndustryAutomotive, Auto Parts & 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 of Menon Piston Rings Private Limited
The main business activity of Menon Piston Rings is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Menon Piston Rings Private Limited FY 2025 filings available
Menon Piston Rings Private Limited reported revenue of ₹116.19 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Menon Piston Rings Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 30% 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 Menon Piston Rings Private Limited
| 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 | ₹19.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.04 Cr | •••• | •••• | •••• | •••• |
| 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 Menon Piston Rings Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.2% | •••• | •••• | •••• | •••• |
| 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 Menon Piston Rings 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 Menon Piston Rings Private Limited
Menon Piston Rings Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avlight Automotives Private Limited | ₹116.66 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Dura Auto Systems India Private Limited | ₹116.47 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
| Meena Elastomers Private Limited | ₹116.42 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Nashik, Maharashtra, India |
| Tirupati Forge Limited Listed | ₹116.3 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Hadamtala, Gujarat, India |
| Chowel India Private Limited | ₹116.27 Cr (FY 2017) | •••• | •••• | 15.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Menon Piston Rings Private Limited this company | ₹116.19 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kolhapur, Maharashtra, India |
| Lohr India Automotive Private Limited | ₹115.93 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Pune, Maharashtra, India |
| Magan Motors Private Limited | ₹115.86 Cr (FY 2025) | •••• | •••• | 1506.0% | •••• | Agra, Uttar Pradesh, India |
| Nipman Fastener Industries Private Limited | ₹115.59 Cr (FY 2021) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Madhus Garage Equipments Private Limited | ₹115.16 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| Sy Dong-A Andhra Pradesh Private Limited | ₹115.04 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Anantapur, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Menon Piston Rings by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Menon Piston Rings Private Limited
Menon Piston Rings Private Limited is audited by M/S P. M. VARDHE & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S P. M. VARDHE & 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 Menon Piston Rings Private Limited
Menon Piston Rings has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Ram Menon Also directs: Menon Metals and Alloys LLP, Menon Pistons Limited, Rapid Machining Technologies Pvt Ltd and 2 more | Managing Director | 22 Mar 1994 | 32 Years 6 Months | Current |
| Ramesh Dattatraya Dixit Also directs: Menon Pistons Limited, Rapid Machining Technologies Pvt Ltd, Lunar Enterprise Private Limited and 2 more | Director | 23 Dec 1994 | 31 Years 9 Months | Current |
| Sharanya Sachin Menon | Director | 05 Sep 2024 | 2 Years 1 Months | Current |
| Devika Sachin Menon | Director | 05 Sep 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Menon Piston Rings Private Limited
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 Menon Piston Rings Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2005 | The Saraswat Co-Operative Bank Ltd | ₹1.5 Cr | Open |
| 03 Sep 2004 | The Saraswat Co-Operative Bank Limited | ₹20 Lakh | Open |
| 03 Sep 2004 | The Saraswat Co Operative Bank Limited | ₹2.5 Cr | Open |
| 05 Apr 2003 | The Saraswat Co-Operative Bank Limited | ₹14.5 Cr | Open |
| 28 Feb 2015 | The Saraswat Co-Operative Bank Limited | ₹8 Cr | Satisfied |
Total charge records: 21 View all charges
Deals & Funding of Menon Piston Rings Private Limited
Menon Piston Rings Private Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹8.12 Cr; the latest was in January 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2011 | Funding round | ₹1.06 Cr | Investors: Sachin Menon Family Trust, Menon Metals and Alloys Pvt Ltd , Nivedita Benefit Family Trust |
| Jan 2011 | Funding round | ₹1.4 Cr | Investors: Menon Metals and Alloys Pvt Ltd , Sachin Menon Family Trust, Nivedita Benefit Family Trust |
| Jul 2008 | Funding round | ₹2.87 Cr | Investors: Menon Metals and Alloys Pvt Ltd , 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Seller: Menon Metals and Alloys Pvt Ltd |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Menon Piston Rings Private Limited
Menon Piston Rings Private Limited has 27 court cases on record: 14 filed by Menon Piston Rings, 13 filed against it. 4 cases are pending and 23 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 9 | 3 |
| District courts | 8 | 4 | 1 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Menon Piston Rings Private Limited
Menon Piston Rings operates two associated brands: Menon and Menon Pistons. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Menon is recognized as a leading precision manufacturer in India. | menonindia.in | |
| Manufactures piston assemblies | menonpistons.com |
Employees and EPFO Compliance at Menon Piston Rings Private Limited
Menon Piston Rings Private Limited has a workforce of 88 employees as of Apr 09, 2024.
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.
Name History of Menon Piston Rings Private Limited
Menon Piston Rings has undergone 2 name changes throughout its history. The company was previously known as Menon Ancillaries ( Auto) Private Limited, and Menon Ancillaries ( Auto) Limited. The current legal name is Menon Piston Rings Private Limited.
| Company Name | Status |
|---|---|
| Menon Piston Rings Private Limited | Current |
| Menon Ancillaries ( Auto) Private Limited | Previous |
| Menon Ancillaries ( Auto) Limited | Previous |
Recent Activity on Menon Piston Rings Private Limited
Menon Piston Rings Private Limited has 14 board changes on record since 1985: 9 appointments and 5 cessations. The latest: Devika Sachin Menon was appointed as Director on 05 Sep 2024.
50 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Menon Piston Rings Private Limited
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 Menon Piston Rings Private Limited
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 Menon Piston Rings Private Limited
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 Menon Piston Rings Private Limited
Menon Piston Rings has 16 GST registrations: 2 active and 14 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2375A1ZV | Maharashtra | Active | 01 Jul 2017 |
| 27AABCM2375A1D4 | Maharashtra | Active | 06 Nov 2024 |
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 Menon Piston Rings Private Limited
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 Menon Piston Rings Private Limited
Menon Piston Rings is an active private limited company based in Kolhapur, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 25 October 1985 (41+ years old) and is registered under CIN U29113MH1985PTC037862.
Menon Piston Rings reported revenue of ₹116.19 Cr for FY 2025 (down 1% YoY).
Menon Piston Rings has 4 current directors:
- Sachin Ram Menon - Managing Director
- Ramesh Dattatraya Dixit - Director
- Sharanya Sachin Menon - Director
- Devika Sachin Menon - Director
Menon Piston Rings reported a net profit of ₹13.04 Cr (net margin 11.2%) and EBITDA of ₹19.69 Cr (EBITDA margin 16.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Menon Piston Rings is -7% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Menon Piston Rings is 27AABCM2375A1ZV, registered in Maharashtra. The company has 16 GST registrations in all, of which 2 are active and 14 are cancelled or inactive. Other active GSTINs include 27AABCM2375A1D4 (Maharashtra).
The CIN (Corporate Identification Number) of Menon Piston Rings is U29113MH1985PTC037862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Menon Piston Rings has 27 court cases on record: 14 filed by the company and 13 filed against it. 4 are pending. Most are in the high courts.
Menon Piston Rings was incorporated on 25 October 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
Menon Piston Rings has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹8.12 Cr; the latest was in January 2018.
The peers of Menon Piston Rings by revenue are Avlight Automotives Private Limited, Dura Auto Systems India Private Limited, Meena Elastomers Private Limited, Tirupati Forge Limited, Chowel India Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).