- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-13-0001013

About Microfinish Pumps Private Limited
Data last updated:
Microfinish Pumps Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the industrial pumps and fluid systems segment of the machinery and industrial equipment sector. It was incorporated on 03 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29120KA1987PTC008467. Its GSTIN is 29AABCM5152B1ZS (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5.71 Lakh. It is led by directors including Mahendra Karmchand Vikamshi (Managing Director) and Tilak Karamchand Vikamshi (Whole-Time Director).
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 Special Plotindustrial Estate Gokul Road, Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹110.05 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹20.21 Cr (net margin 18.4%) and EBITDA of ₹30.74 Cr (EBITDA margin 27.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.05 Cr and satisfied charges of ₹4 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it.
Microfinish Pumps Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0001013). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website microfinishgroup.com.
Company details
Recognitions & Rankings of Microfinish Pumps
Contact details
Microfinish Pumps Private Limited's registered office is in Hubli, Karnataka. Its website is microfinishgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSpecial Plotindustrial Estate Gokul Road, Hubli, Karnataka, India – 580030
- IndustryMachinery and Equipment, Industrial Pumps & Fluid Systems
To see the full contact details of Microfinish Pumps 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
Business activity
The main business activity of Microfinish Pumps is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Microfinish Pumps Private Limited, buy the company report.
Financials of Microfinish Pumps Private Limited
FY 2025 filings availableMicrofinish Pumps Private Limited reported revenue of ₹110.05 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹30.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.9% | ||||
| Net Profit Margin | 18.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Microfinish Pumps Private Limited, buy the company report.
Board of directors of Microfinish Pumps Private Limited
Microfinish Pumps has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Karamchand Vikamshi | Director | 18 Mar 1996 | 30 Years 7 Months | Current |
| Tilak Karamchand Vikamshi Also directs: Vikamshi Fabrics Pvt Ltd, Distixx Protectors Private Limited, Microfinish Valves Private Limited and 4 more | Whole-Time Director | 13 Jul 1987 | 39 Years 3 Months | Current |
| Jaya Basayya Sali Also directs: Microfinish Valves Private Limited | Director | 01 Apr 1997 | 29 Years 6 Months | Current |
| Mahendra Karmchand Vikamshi | Managing Director | 13 Jul 1987 | 39 Years 3 Months | Current |
Peer comparison
Microfinish Pumps Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atul Pumps Private Limited | ₹123.56 Cr (FY 2025) | 1.0% | Uttar Pradesh, India | |||
| Polyhydron Private Limited | ₹118.59 Cr (FY 2025) | 8.0% | Belgaum, Karnataka, India | |||
| Ut Pumps and Systems Private Limited | ₹117.29 Cr (FY 2025) | 189.0% | New Delhi, Delhi, India | |||
| Microfinish Pumps Private Limitedthis company | ₹110.05 Cr (FY 2025) | ₹20.21 Cr | 18.4% | -16.0% | 83 | Hubli, Karnataka, India |
| Hayat Pumps Private Limited | ₹100.22 Cr (FY 2025) | 48.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Microfinish Pumps Private Limited, buy the company report.
Auditor
Microfinish Pumps Private Limited is audited by S. V. Pinge & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. V. Pinge & Co | FY 2023 | 122667W |
Shareholding
The shareholding of Microfinish Pumps 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Microfinish Pumps Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2023 | 100715765 | Canara Bank | ₹8.5 Cr | Open | |
| 05 Jul 2022 | 100594858 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 08 Feb 1988 | 90190245 | Karnataka State Financial Corporation | ₹55 Lakh | Open | |
| 08 Oct 1996 | 90189426 | Bank of India | ₹2.57 Cr | Satisfied | |
| 31 May 1991 | 90190791 | Bank of India] | ₹33 Lakh | Satisfied |
To see the full charge records of Microfinish Pumps Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Microfinish Pumps Private Limited has 8 court cases on record: 4 filed by Microfinish Pumps, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Union of India | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Union of India | Disposed |
To see the full case history of Microfinish Pumps 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
Microfinish Pumps Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 269 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Austin Alloy Cast Private Limited | |||
| Rainbow Technocast | |||
| an individual supplier | |||
| Utkarsh Transmissions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Microfinish Pumps Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Microfinish Pumps has 1 joint venture and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Microfinish Pumps Private Limited has a workforce of 83 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Microfinish Pumps has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM5152B1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Microfinish Pumps Private Limited, buy the company report.
Recent activity
Microfinish Pumps Private Limited has 6 board changes on record since 1987: 5 appointments and 1 cessation. The latest: Tushar Karamchand Vikamshi ceased to be Whole-Time Director on 02 Jul 2014.
9 earlier events are in the company report.
Frequently asked questions
Microfinish Pumps is an active private limited company based in Hubli, Karnataka, India. The company works in industrial pumps and fluid systems, within the machinery and equipment industry. It was incorporated on 03 July 1987 (39+ years old) and is registered under CIN U29120KA1987PTC008467.
Microfinish Pumps has 4 current directors:
- Mahendra Karmchand Vikamshi - Managing Director
- Tilak Karamchand Vikamshi - Whole-Time Director
- Deepak Karamchand Vikamshi - Director
- Jaya Basayya Sali - Director
The latest financial statements of Microfinish Pumps 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 Microfinish Pumps is 29AABCM5152B1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Microfinish Pumps is U29120KA1987PTC008467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microfinish Pumps has 8 court cases on record: 4 filed by the company and 4 filed against it. Most are in the high courts.
Microfinish Pumps was incorporated on 03 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Microfinish Pumps by revenue are Atul Pumps Private Limited, Polyhydron Private Limited, Ut Pumps and Systems Private Limited, Hayat Pumps Private Limited, all in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Tushar Karamchand Vikamshi ceased to be Whole-Time Director on 02 Jul 2014. Jaya Basayya Sali was appointed as Director on 01 Apr 1997. Deepak Karamchand Vikamshi was appointed as Director on 18 Mar 1996. Microfinish Pumps has 6 board changes on record in total.
Yes, Microfinish Pumps is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-13-0001013).
Microfinish Pumps has 13 MSME Form 1 returns on record between 2019 and 2024, listing 269 overdue payments to 28 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Microfinish Pumps can be reached through the website microfinishgroup.com. Its registered office is in Hubli, Karnataka, India.