Metamorphosis Engitech India Private Limited

Metamorphosis Engitech India Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2018PTC306985 Incorporated 22 March 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹262.92 Cr
▼ 9% YoY
Net profit · FY 2025
₹11.81 Cr
Net margin 4.5%
EBITDA · FY 2025
₹27.68 Cr
EBITDA margin 10.5%
Authorised capital
₹185 Cr
Registered with MCA
Paid-up capital
₹150.66 Cr
Issued & subscribed
Open charges
₹184.78 Cr
Satisfied ₹105 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
405
Provident fund records

About Metamorphosis Engitech India Private Limited

Data last updated:

Metamorphosis Engitech India 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 22 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC306985. Its GSTIN is 27AALCM7138F1Z8 (Maharashtra).

The company has an authorised share capital of ₹185 Cr and a paid-up capital of ₹150.66 Cr. It is led by directors including Hemant Agarwal and Girish Nilkanth Kulkarni.

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 4th Floor Paville House Twin Tower Lane Off Veer Savarkar Marg Prahabadevi, Mumbai, Maharashtra, India – 400025.

As per the financials filed for FY 2025, the company reported a revenue of ₹262.92 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹11.81 Cr (net margin 4.5%) and EBITDA of ₹27.68 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 32% over five years.

The company has about 405 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Meta Engitech. As per MCA filings, the company has open charges of ₹184.78 Cr and satisfied charges of ₹105 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending. The company has 13 deals on record (6 funding rounds, 4 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹143.77 Cr; the latest was in March 2024. Its 5 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is HTL Metal Private Limited with revenue of ₹270.04 Cr. The company has 12 MSME Form 1 returns on record between 2020 and 2024, listing 1,490 overdue payments to 180 micro and small suppliers.

Metamorphosis Engitech India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0108937). For more details, the company can be reached via its website metaengitech.com.

Company details

CIN U74999MH2018PTC306985
Registration Number 306985
Incorporation Date 22 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0108937
Key People
Hemant Agarwal Director Girish Nilkanth Kulkarni Director Supriya Hrishikesh Kulkarni Director

Recognitions & Rankings of Metamorphosis Engitech India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-26-0108937

Contact details

Metamorphosis Engitech India Private Limited's registered office is in Mumbai, Maharashtra. Its website is metaengitech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    metaengitech.com
  • Social Media
  • Registered Address
    4th Floor Paville House Twin Tower Lane Off Veer Savarkar Marg Prahabadevi, Mumbai, Maharashtra, India – 400025
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Metamorphosis Engitech India Private Limited, buy the company report.

Comprehensive company report
Metamorphosis Engitech India Private 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
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Brands

Metamorphosis Engitech India operates one associated brand: Meta Engitech. Each brand links to its own profile.

BrandDescriptionWebsite
Meta Engitech
Steel tube manufacturing and supply for industrial sectors in India.metaengitech.com

Business activity

The main business activity of Metamorphosis Engitech India is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Metamorphosis Engitech India Private Limited, buy the company report.

Financials of Metamorphosis Engitech India Private Limited

FY 2024 filings available

Metamorphosis Engitech India Private Limited reported revenue of ₹262.92 Cr (down 9% YoY) for FY 2025.

Revenue · FY 2025
₹262.92 Cr ▼ 9%
Net profit · FY 2025
₹11.81 Cr margin 4.5%
EBITDA · FY 2025
₹27.68 Cr margin 10.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 8%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 57%
5 years · compounded
▲ 28%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA rose 12% 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₹27.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.81 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.5%
Net Profit Margin4.5%
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 Metamorphosis Engitech India Private Limited, buy the company report.

Board of directors of Metamorphosis Engitech India Private Limited

Metamorphosis Engitech India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hemant AgarwalDirector11 Sep 20188 Years 1 MonthsCurrent
Girish Nilkanth Kulkarni
Also directs: Bodhivriksha Advisors LLP, Suryatej Advisors LLP, Raah Home Solutions LLP and 5 more
Director22 Mar 20188 Years 7 MonthsCurrent
Supriya Hrishikesh Kulkarni
Also directs: Arihant Steel and Metal Wires Private Limited, SBSK Consultants Private Limited
Director01 Feb 20197 Years 8 MonthsCurrent
View all directors

Peer comparison

Metamorphosis Engitech India Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
HTL Metal Private Limited₹270.04 Cr (FY 2024)-13.0%New Delhi, Delhi, India
Cubex Tubings Ltd₹269.19 Cr (FY 2025)21.0%Telangana, India
P S Raj Steels Limited₹266.31 Cr (FY 2025)-11.0%Hisar, Haryana, India
Metamorphosis Engitech India Private Limitedthis company₹262.92 Cr (FY 2025)₹11.81 Cr4.5%-9.0%405Mumbai, Maharashtra, India
Indoves Industrial Private Limited₹248 Cr (FY 2025)3.0%Kolkata, West Bengal, India
Global Seamless Tubes & Pipes Private Limited₹247.96 Cr (FY 2025)-3.0%Kolkata, West Bengal, India

To see the full peer comparison of Metamorphosis Engitech India Private Limited, buy the company report.

Auditor

Metamorphosis Engitech India Private Limited is audited by Ambavat Jain and Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ambavat Jain and Associates LLPFY 2023109681W

Shareholding

The shareholding of Metamorphosis Engitech India Private 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 Metamorphosis Engitech India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹184.78 Cr
Satisfied charges
₹105 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹119.78 Cr
Axis Bank Limited₹50.00 Cr
Others₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Mar 2025101079310Axis Bank Limited₹50 CrOpen
05 Jan 2023100668449Hdfc Bank Limited₹119.78 CrOpen
10 Mar 2021100448398Others₹15 CrOpen
24 Feb 2023100683618Others₹10 CrSatisfied
10 Feb 2023100683255Others₹10 CrSatisfied

To see the full charge records of Metamorphosis Engitech India Private Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Metamorphosis Engitech India Private Limited has 13 deals on record (6 funding rounds, 4 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹143.77 Cr; the latest was in March 2024.

Total deals
13
Funding rounds
6
Secondary share transfers
4
Convertible or debt financings
3
Disclosed funding
₹143.77 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Bodhivriksha Engineers LLP
Seller: Suyash Outsourcing Private Limited
Dec 2023Funding round₹19.5 CrInvestors: Suyash Outsourcing Private Limited
Nov 2022Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Amit Jasani Financial Services Private Limited
Jan 2021Funding round₹4 CrInvestors: Bodhivriksha Engineers LLP , 3 individuals
Mar 2020Secondary share transferUndisclosedBuyer: Minerva Trust, 3 individuals
Seller: Bodhivriksha Engineers LLP

To see the full deal history of Metamorphosis Engitech India Private Limited, buy the company report.

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

MSME payment delays

Metamorphosis Engitech India Private Limited has 12 MSME Form 1 returns on record between 2020 and 2024, listing 1,490 overdue payments to 180 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 180)

SupplierAmount dueDue sinceReported on
an individual supplier
Mansi Engineering Works
Logicare Packaging Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Metamorphosis Engitech India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Metamorphosis Engitech India Private Limited has a workforce of 405 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
405
Active EPFO establishments
1
Employee growth
5.74%

GST

Metamorphosis Engitech India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AALCM7138F1Z8MaharashtraActive10 May 2018

To see the full GST registrations and return filing status of Metamorphosis Engitech India Private Limited, buy the company report.

Recent activity

Metamorphosis Engitech India Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Neelesh Vivekanand Wagle ceased to be Director on 13 Dec 2019.

Charges
A charge registered on 30 Mar 2021 via Charge ID 100439495 with Others was fully satisfied on 02 Aug 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 119.78 Cr registered on 05 Jan 2023 with Charge ID 100668449 was modified on 05 Apr 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 50.00 Cr with Charge ID 101079310 was registered on 29 Mar 2025.
AGM
Metamorphosis Engitech India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 26 Jul 2022 via Charge ID 100605217 with Tata Capital Financial Services Limited was fully satisfied on 29 Apr 2024.
Charges
A charge registered on 24 Feb 2023 via Charge ID 100683618 with Others was fully satisfied on 22 Apr 2024.
Charges
A charge registered on 10 Feb 2023 via Charge ID 100683255 with Others was fully satisfied on 20 Apr 2024.
Filing
Metamorphosis Engitech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 28 Sep 2021 via Charge ID 100518133 with Others was fully satisfied on 27 Oct 2023.
Charges
A charge registered on 09 Jun 2022 via Charge ID 100586639 with Others was fully satisfied on 05 Oct 2023.
Charges
A charge registered on 28 Sep 2021 via Charge ID 100518201 with Others was fully satisfied on 05 Oct 2023.
Charges
A charge with Others of Rs. 15.00 Cr registered on 10 Mar 2021 with Charge ID 100448398 was modified on 04 Jul 2023.

23 earlier events are in the company report.

Frequently asked questions

Metamorphosis Engitech India 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 22 March 2018 (8+ years old) and is registered under CIN U74999MH2018PTC306985.

Metamorphosis Engitech India has 3 current directors:

The latest financial statements of Metamorphosis Engitech India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Metamorphosis Engitech India is 27AALCM7138F1Z8, registered in Maharashtra.

The CIN (Corporate Identification Number) of Metamorphosis Engitech India is U74999MH2018PTC306985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Metamorphosis Engitech India has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.

Metamorphosis Engitech India was incorporated on 22 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Metamorphosis Engitech India has 13 deals on record (6 funding rounds, 4 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹143.77 Cr; the latest was in March 2024.

The peers of Metamorphosis Engitech India by revenue are HTL Metal Private Limited, Cubex Tubings Ltd, P S Raj Steels Limited, Indoves Industrial Private Limited, Global Seamless Tubes & Pipes Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).

Neelesh Vivekanand Wagle ceased to be Director on 13 Dec 2019. Hemant Agarwal ceased to be Additional Director on 30 Sep 2019. Supriya Hrishikesh Kulkarni ceased to be Additional Director on 30 Sep 2019. Metamorphosis Engitech India has 6 board changes on record in total.

Yes, Metamorphosis Engitech India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0108937).

Metamorphosis Engitech India has 12 MSME Form 1 returns on record between 2020 and 2024, listing 1,490 overdue payments to 180 micro and small suppliers. The latest return was filed on 29 Apr 2024.