MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-13-0000891
Microfinish Valves Private Limited - machinery and equipment in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹456.41 Cr
▲ 70.06% YoY
Net profit · FY 2025
₹108 Cr
Net margin 23.7%
EBITDA · FY 2025
₹148.82 Cr
EBITDA margin 32.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹91.95 Lakh
Issued & subscribed
Open charges
₹42.91 Cr
Satisfied ₹18.89 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
198
Provident fund records
About Microfinish Valves Private Limited
Data last updated:
Microfinish Valves Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 10 March 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29120KA1983PTC005209. Its GSTIN is 29AABCM2527Q1Z0 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91.95 Lakh. It was formerly known as Microfinish Valves Limited. It is led by directors including Deepak Karamchand Vikamshi (Managing Director) and Mahendra Karmchand Vikamshi (Whole-Time Director).
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 B – 161 162 Industrial Estate Gokul Road Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹456.41 Cr. For the same year it recorded a net profit of ₹108 Cr (net margin 23.7%) and EBITDA of ₹148.82 Cr (EBITDA margin 32.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 12% over five years.
The company has about 198 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Microfinish. As per MCA filings, the company has open charges of ₹42.91 Cr and satisfied charges of ₹18.89 Cr on record. Court records list 22 cases involving the company, including 7 filed by the company and 15 filed against it; 5 cases are pending.
Microfinish Valves Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0000891). 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
CIN U29120KA1983PTC005209
Registration Number 005209
Incorporation Date 10 March 1983
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-13-0000891
Key People
Deepak Karamchand Vikamshi Managing Director Mahendra Karmchand Vikamshi Whole-Time Director Tilak Karamchand Vikamshi Whole-Time Director Recognitions & Rankings of Microfinish Valves
Contact details
Microfinish Valves 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 AddressB – 161 162 Industrial Estate Gokul Road Hubli, Karnataka, India – 580030
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Microfinish Valves Private Limited, buy the company report.
Comprehensive company report
Microfinish Valves 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Microfinish Valves operates one associated brand: Microfinish. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of valves and pumps for industrial sectors. | microfinishgroup.com |
Business activity
The main business activity of Microfinish Valves 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 Valves Private Limited, buy the company report.
Financials of Microfinish Valves Private Limited
FY 2024 filings availableMicrofinish Valves Private Limited reported revenue of ₹456.41 Cr for FY 2025.
Revenue · FY 2025
₹456.41 Cr
Net profit · FY 2025
₹108 Cr margin 23.7%
EBITDA · FY 2025
₹148.82 Cr margin 32.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 21%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 35%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years. EBITDA fell 2% 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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| Total Expenses | |||||
| EBITDA | ₹148.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹108 Cr | ||||
| Balance Sheet | |||||
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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 | 32.6% | ||||
| Net Profit Margin | 23.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Microfinish Valves Private Limited, buy the company report.
Board of directors of Microfinish Valves Private Limited
Microfinish Valves has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Karmchand Vikamshi | Whole-Time Director | 20 Mar 1983 | 43 Years 7 Months | Current |
| Jaya Basayya Sali Also directs: Microfinish Pumps Private Limited | Director | 01 Apr 1997 | 29 Years 6 Months | Current |
| Tilak Karamchand Vikamshi Also directs: Vikamshi Fabrics Pvt Ltd, Distixx Protectors Private Limited, Microfinish Pumps Private Limited and 4 more | Whole-Time Director | 18 Mar 1996 | 30 Years 7 Months | Current |
| Deepak Karamchand Vikamshi | Managing Director | 20 Mar 1983 | 43 Years 7 Months | Current |
Auditor
Microfinish Valves 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 Valves 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 Valves Private Limited, buy the company report.
Charges & borrowings
Open charges
₹42.91 Cr
Satisfied charges
₹18.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2024 | 100917114 | Hdfc Bank Limited | ₹17.91 Cr | Open | |
| 27 Feb 2009 | 10146108 | Canara Bank | ₹25 Cr | Open | |
| 11 Oct 2023 | 100806958 | Hdfc Bank Limited | ₹2.9 Cr | Satisfied | |
| 29 Sep 2023 | 100806957 | Hdfc Bank Limited | ₹6.5 Cr | Satisfied | |
| 14 Oct 2019 | 100299083 | Canara Bank | ₹8 Lakh | Satisfied |
To see the full charge records of Microfinish Valves Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Microfinish Valves Private Limited has 22 court cases on record: 7 filed by Microfinish Valves, 15 filed against it. 5 cases are pending and 17 are disposed.
Total cases
22
Filed by the company
7
Filed against the company
15
Pending
5
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 8 | 1 |
| High courts | 10 | 7 | 4 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against Elveety Industries Pvt. Ltd. and 6 others | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against Gas Projects India Pvt Ltd R/By Managing Director and 3 others | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against an individual | Pending |
To see the full case history of Microfinish Valves 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.
Credit ratings & regulatory alerts
Microfinish Valves Private Limited was last rated by Crisil on 26 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Oct 2020 |
To see the full credit ratings and regulatory alerts of Microfinish Valves Private Limited, buy the company report.
MSME payment delays
Microfinish Valves Private Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 5,999 overdue payments to 80 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 80)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| J D Jones & Co Pvt Ltd | |||
| MBM Automation & Robotics | |||
| Codognotto Logistics India Private Limited | |||
| Invac Cast Limited |
To see the full MSME payment records of Microfinish Valves Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Microfinish Valves has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Joint ventures
Employees & EPFO
Microfinish Valves Private Limited has a workforce of 198 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
198
Active EPFO establishments
1
Employee growth
1.02%
GST
Microfinish Valves has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM2527Q1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Microfinish Valves Private Limited, buy the company report.
Recent activity
Microfinish Valves Private Limited has 6 board changes on record since 1983: 5 appointments and 1 cessation. The latest: Tushar Karamchand Vikamshi ceased to be Whole-Time Director on 02 Jul 2014.
Charges
A charge registered on 11 Oct 2023 via Charge ID 100806958 with Hdfc Bank Limited was fully satisfied on 22 Mar 2025.
Charges
A charge registered on 29 Sep 2023 via Charge ID 100806957 with Hdfc Bank Limited was fully satisfied on 22 Mar 2025.
AGM
Microfinish Valves Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 17.91 Cr registered on 28 Mar 2024 with Charge ID 100917114 was modified on 21 Sep 2024.
Filing
Microfinish Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.91 Cr with Charge ID 100917114 was registered on 28 Mar 2024.
Charges
A charge with Canara Bank of Rs. 25.00 Cr registered on 27 Feb 2009 with Charge ID 10146108 was modified on 21 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.90 Cr with Charge ID 100806958 was registered on 11 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.50 Cr with Charge ID 100806957 was registered on 29 Sep 2023.
Charges
A charge registered on 24 Dec 2008 via Charge ID 10137392 with Canara Bank was fully satisfied on 18 Mar 2023.
Charges
A charge registered on 14 Oct 2019 via Charge ID 100299083 with Canara Bank was fully satisfied on 15 Mar 2022.
Charges
A charge registered on 31 Jan 2018 via Charge ID 100171713 with Others was fully satisfied on 15 Mar 2022.
21 earlier events are in the company report.
Frequently asked questions
Microfinish Valves is an active private limited company based in Hubli, Karnataka, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 10 March 1983 (43+ years old) and is registered under CIN U29120KA1983PTC005209.
Microfinish Valves has 4 current directors:
- Deepak Karamchand Vikamshi - Managing Director
- Mahendra Karmchand Vikamshi - Whole-Time Director
- Tilak Karamchand Vikamshi - Whole-Time Director
- Jaya Basayya Sali - Director
The latest financial statements of Microfinish Valves 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 2015 are in the company report.
The GSTIN of Microfinish Valves is 29AABCM2527Q1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Microfinish Valves is U29120KA1983PTC005209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microfinish Valves has 22 court cases on record: 7 filed by the company and 15 filed against it. 5 are pending. Most are in the district courts.
Microfinish Valves was incorporated on 10 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.
Tushar Karamchand Vikamshi ceased to be Whole-Time Director on 02 Jul 2014. Jaya Basayya Sali was appointed as Director on 01 Apr 1997. Tilak Karamchand Vikamshi was appointed as Whole-Time Director on 18 Mar 1996. Microfinish Valves has 6 board changes on record in total.
Yes, Microfinish Valves is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-13-0000891).
Microfinish Valves has 21 MSME Form 1 returns on record between 2019 and 2024, listing 5,999 overdue payments to 80 micro and small suppliers. The latest return was filed on 01 May 2024.
Microfinish Valves can be reached through the website microfinishgroup.com. Its registered office is in Hubli, Karnataka, India.