About Midas Autosoft Engineers Private Limited
Data last updated:
Midas Autosoft Engineers Private Limited is a private limited company based in Bhor, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29196PN2005PTC020578. Its GSTIN is 27AAECM2414R1Z5 (Maharashtra).
The company has an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹1.55 Cr. It is led by directors Navnath Babanrao Thite (Managing Director) and Girish Ganpatrao Latne (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 Bhor, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.51 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹6.87 Cr (net margin 16.6%) and EBITDA of ₹10.15 Cr (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years and 39% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Midas Autosoft. As per MCA filings, the company has open charges of ₹9.39 Cr and satisfied charges of ₹45 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midasautosoft.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGat No. 677/B Behind, Siddhivinayak Hospital At/P Velu, Bhor, Maharashtra, India – 412205
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Midas Autosoft Engineers Private Limited
The main business activity of Midas Autosoft Engineers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Midas Autosoft Engineers Private Limited FY 2024 filings available
Midas Autosoft Engineers Private Limited reported revenue of ₹41.51 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Midas Autosoft Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 11% growth in the latest year. EBITDA rose 14% 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 Midas Autosoft Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹10.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.87 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Midas Autosoft Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.6% | •••• | •••• | •••• | •••• |
| 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 Midas Autosoft Engineers 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 Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zwickroell Private Limited | ₹41.91 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Chennai, Tamil Nadu, India |
| Kitagawa India Private Limited | ₹41.82 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Swastik Infra-Marine Engineers Limited | ₹41.82 Cr (FY 2018) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Suryansh Tracking Systems Private Limited | ₹41.66 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Astberg Ventilation Private Limited | ₹41.62 Cr (FY 2025) | •••• | •••• | 261.0% | •••• | Ludhiana, Punjab, India |
| Midas Autosoft Engineers Private Limited this company | ₹41.51 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Bhor, Maharashtra, India |
| Parcomm Hydraulics Private Limited | ₹41.43 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Priya Holdings Private Limited | ₹41.27 Cr (FY 2025) | •••• | •••• | 1643.0% | •••• | Bhavnagar, Gujarat, India |
| Sewco Garment Solutions Private Limited | ₹41.12 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Shah Tools & Engineering Private Limited | ₹41.08 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Lavti Associates Private Limited | ₹41.03 Cr (FY 2023) | •••• | •••• | 3.0% | •••• | Udaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Midas Autosoft Engineers by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), 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 Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers Private Limited is audited by ABHIJIT S SATAV & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABHIJIT S SATAV & 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 Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navnath Babanrao Thite | Managing Director | 18 Apr 2005 | 21 Years 5 Months | Current |
| Girish Ganpatrao Latne Also directs: Enginext Consultancy LLP, Talvian Search LLP | Whole-Time Director | 18 Apr 2005 | 21 Years 5 Months | Current |
Ownership and Shareholding of Midas Autosoft Engineers 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 Midas Autosoft Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2024 | Others | ₹4.95 Cr | Open |
| 25 Sep 2020 | Others | ₹37 Lakh | Open |
| 08 Jun 2020 | Others | ₹57 Lakh | Open |
| 20 Mar 2007 | State Bank of India | ₹3.5 Cr | Open |
| 09 Sep 2021 | Others | ₹20 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers Private Limited has 5 court cases on record: 2 filed by Midas Autosoft Engineers, 3 filed against it. 3 cases are pending and 2 are disposed. Status as checked between 28 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Manshya Marketing Private Limited | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Manshya Marketing Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Manshya Marketing Private Limited | Pending |
| District court, Chandigarh | Appeal | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 5 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 Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers operates one associated brand: Midas Autosoft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of industrial automation, weighing solutions, and process instrumentation services. | midasautosoft.com |
Employees and EPFO Compliance at Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers Private Limited has a workforce of 53 employees as of Apr 05, 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.
Recent Activity on Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Nikhilesh Narendra Pant ceased to be Director on 22 Jan 2019.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Midas Autosoft Engineers 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 Midas Autosoft Engineers 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 Midas Autosoft Engineers 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 Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM2414R1Z5 | Maharashtra | Active | 01 Jul 2017 |
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 Midas Autosoft Engineers 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 Midas Autosoft Engineers Private Limited
Midas Autosoft Engineers is an active private limited company based in Bhor, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 April 2005 (21+ years old) and is registered under CIN U29196PN2005PTC020578.
Midas Autosoft Engineers reported revenue of ₹41.51 Cr for FY 2024 (up 11% YoY).
Midas Autosoft Engineers has 2 current directors:
- Navnath Babanrao Thite - Managing Director
- Girish Ganpatrao Latne - Whole-Time Director
Midas Autosoft Engineers reported a net profit of ₹6.87 Cr (net margin 16.6%) and EBITDA of ₹10.15 Cr (EBITDA margin 24.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midas Autosoft Engineers is 78% over three years and 39% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midas Autosoft Engineers is 27AAECM2414R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Midas Autosoft Engineers is U29196PN2005PTC020578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Autosoft Engineers has 5 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Midas Autosoft Engineers was incorporated on 18 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Midas Autosoft Engineers by revenue are Zwickroell Private Limited, Kitagawa India Private Limited, Swastik Infra-Marine Engineers Limited, Suryansh Tracking Systems Private Limited, Astberg Ventilation Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Nikhilesh Narendra Pant ceased to be Director on 22 Jan 2019. Girish Ganpatrao Latne ceased to be Director on 30 Sep 2010. Navnath Babanrao Thite ceased to be Director on 13 Mar 2010. Midas Autosoft Engineers has 5 board changes on record in total.