Michell Bearings (India) Private Limited

Michell Bearings (India) Private Limited - machinery and equipment in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U29299KA1993PTC014492 Incorporated 05 July 1993 ROC Bangalore HQ Bangalore, Karnataka, India
Converted to LLP Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2016
₹31.48 Cr
▲ 16% YoY
Net profit · FY 2016
₹9.19 Cr
Net margin 29.2%
EBITDA · FY 2016
₹14.77 Cr
EBITDA margin 46.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Satisfied charges
₹2.6 Cr
No open charges
Company age
33 yrs
Est. 1993
Directors on board
5
As per MCA filings

About Michell Bearings (India) Private Limited

Data last updated:

Michell Bearings (India) Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Cmp Products South East Asia Pte Ltd. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 05 July 1993.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA1993PTC014492. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Arvind Prakash Malpani (Managing Director) and Kelly Rene Jones.

Its last annual general meeting (AGM) was held on 15 July 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No.8D Attibele Industrialarea Bangalore, Karnataka, India – 562107.

As per the financials filed for FY 2016, the company reported a revenue of ₹31.48 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹9.19 Cr (net margin 29.2%) and EBITDA of ₹14.77 Cr (EBITDA margin 46.9%).

As per MCA filings, the company has satisfied charges of ₹2.6 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company.

The last known website on record is michellbearings.com.

Company Details of Michell Bearings (India) Private Limited
CIN U29299KA1993PTC014492
Registration Number 014492
Incorporation Date 05 July 1993
ROC Bangalore
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 15 July 2016
Date of Balance Sheet 31 March 2016
Parent Company Cmp Products South East Asia Pte Ltd
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No.8D Attibele Industrialarea Bangalore, Karnataka, India – 562107
  • Industry
    Machinery and Equipment, Industrial Tools & Components
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Financials, compliance, directors, charges, ownership and filings for Michell Bearings (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Michell Bearings (India) Private Limited

The main business activity of Michell Bearings (India) is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Financials of Michell Bearings (India) Private Limited FY 2016 filings available

Michell Bearings (India) Private Limited reported revenue of ₹31.48 Cr (up 16% YoY) for FY 2016.

Revenue · FY 2016
₹31.48 Cr ▲ 16%
Net profit · FY 2016
₹9.19 Cr margin 29.2%
EBITDA · FY 2016
₹14.77 Cr margin 46.9%

Compounded Annual Growth Rate (CAGR) of Michell Bearings (India) Private Limited

Revenue CAGR growth
1 year
▲ 16%
EBITDA CAGR growth
1 year
▲ 10%

Revenue rose 16% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Michell Bearings (India) Private Limited

MetricsFY 2015-16FY 2014-15
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₹14.77 Cr••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)₹9.19 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 Michell Bearings (India) Private Limited

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin46.9%••••
Net Profit Margin29.2%••••
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 Michell Bearings (India) are in the company report.

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Financial statements from 2015

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Peer Comparison of Michell Bearings (India) Private Limited

Michell Bearings (India) Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Bearings, Tools and Components). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Pacific Tools Private Limited₹31.72 Cr (FY 2024)••••••••-5.0%••••Tiruvellore, Tamil Nadu, India
Kwality Coil Products Private Limited₹31.57 Cr (FY 2024)••••••••17.0%••••Madurai, Tamil Nadu, India
Avis Metal Industries Limited₹31.57 Cr (FY 2025)••••••••11.0%••••Surat, Gujarat, India
Shah Parekh Engineering Private Limited₹31.55 Cr (FY 2025)••••••••26.0%••••Pune, Maharashtra, India
FTC Switchgear Private Limited₹31.54 Cr (FY 2025)••••••••21.0%••••Bahadurgarh, Haryana, India
Michell Bearings (India) Private Limited this company₹31.48 Cr (FY 2016)••••••••16.0%••••Bangalore, Karnataka, India
Clastek Engineering Limited₹31.47 Cr (FY 2023)••••••••-16.0%••••Sriperumbudur, Tamil Nadu, India
Kavia Engineering Private Limited₹31.45 Cr (FY 2025)••••••••4.0%••••Bangalore, Karnataka, India
Roop Tekno Polymers Private Limited₹31.39 Cr (FY 2025)••••••••18.0%••••Gurugram, Haryana, India
Balu Auto Components Private Limited₹31.35 Cr (FY 2024)••••••••18.0%••••Kanchipuram, Tamil Nadu, India
Shimpukade Engineering Private Limited₹31.27 Cr (FY 2025)••••••••102.0%••••Kolhapur, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Michell Bearings (India) by revenue in the Machinery and Equipment industry (Bearings, Tools and Components), 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 Michell Bearings (India) Private Limited

Michell Bearings (India) Private Limited is audited by K S AIYAR & CO for the financial year 2016.

NameStatusAppointment DateCessation Date
K S AIYAR & COLockedLockedLocked
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Board of Directors of Michell Bearings (India) Private Limited

Michell Bearings (India) has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Arvind Prakash MalpaniManaging Director01 Apr 199630 Years 6 MonthsAs last reported
Kelly Rene JonesDirector27 Nov 201510 Years 10 MonthsAs last reported
Richard DoddDirector27 Nov 201510 Years 10 MonthsAs last reported
Marc Keith McdermottDirector27 Nov 201510 Years 10 MonthsAs last reported
Mridula MalpaniDirector19 Mar 201511 Years 6 MonthsAs last reported

Ownership and Shareholding of Michell Bearings (India) Private Limited

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Charges & Borrowings of Michell Bearings (India) Private Limited

Open charges
None
Satisfied charges
₹2.6 Cr
Breakdown by lending institutions
Hsbc Bank₹1.70 Cr
The Hongkong and Shanghai Banking Corporation Limited₹0.80 Cr
Canara Bank₹0.10 Cr
Latest charge details
DateLenderAmountStatus
10 Feb 2000Canara Bank₹3.93 LakhSatisfied
11 Jul 1997Canara Bank₹5.65 LakhSatisfied
24 Apr 1995Hsbc Bank₹1.7 CrSatisfied
24 Apr 1995The Hongkong and Shanghai Banking Corporation Limited₹80 LakhSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Michell Bearings (India) Private Limited

Employment history and EPFO contributions of people linked to Michell Bearings (India).

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Michell Bearings (India) Private Limited

Michell Bearings (India) Private Limited has 16 board changes on record since 1996: 5 appointments and 11 cessations. The latest: John Westgarth Hodgson ceased to be Nominee Director on 27 Nov 2015.

Charges
A charge registered on 24 Apr 1995 via Charge ID 100049535 with Hsbc Bank was fully satisfied on 22 Sep 2016.
AGM
Michell Bearings (India) Private Limited last Annual general meeting of members was held on 15 Jul 2016 as per latest MCA records.
Filing
Michell Bearings (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.
Ceased
John Westgarth Hodgson ceased to be Nominee Director.
Appointed
Kelly Rene Jones was appointed as Director.
Ceased
Kelly Rene Jones ceased to be Additional Director.
Appointed
Marc Keith Mcdermott was appointed as Director.
Ceased
Marc Keith Mcdermott ceased to be Additional Director.
Ceased
Paul Anthony Seago ceased to be Director.
Appointed
Richard Dodd was appointed as Director.
Ceased
Richard Dodd ceased to be Additional Director.
Ceased
Mridula Malpani ceased to be Additional Director.

15 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Michell Bearings (India) Private Limited

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MSME Payment Delays by Michell Bearings (India) Private Limited

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Subsidiaries & Group Companies of Michell Bearings (India) Private Limited

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GST Compliance of Michell Bearings (India) Private Limited

Michell Bearings (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Michell Bearings (India) Private Limited

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Frequently Asked Questions about Michell Bearings (India) Private Limited

Michell Bearings (India) has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Michell Bearings (India) was a private limited company based in Bangalore, Karnataka, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 05 July 1993 and is registered under CIN U29299KA1993PTC014492. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Michell Bearings (India) is U29299KA1993PTC014492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Michell Bearings (India) had 5 directors:

Michell Bearings (India) was incorporated on 05 July 1993. It is registered with the Registrar of Companies, Bangalore.

Michell Bearings (India) can be reached through the website michellbearings.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Michell Bearings (India) is at No.8D Attibele Industrialarea Bangalore, Karnataka, India – 562107.

Michell Bearings (India) reported revenue of ₹31.48 Cr for FY 2016 (up 16% YoY).

Michell Bearings (India) has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr.

Michell Bearings (India) reported a net profit of ₹9.19 Cr (net margin 29.2%) and EBITDA of ₹14.77 Cr (EBITDA margin 46.9%) for FY 2016, as per its filed financial statements.

No. Michell Bearings (India) has 1 GST registration on record and it is cancelled or inactive.

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