MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0084943
Midas Autosoft Engineers Private Limited - machinery and equipment in Bhor, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.51 Cr
▲ 11% YoY
Net profit · FY 2024
₹6.87 Cr
Net margin 16.6%
EBITDA · FY 2024
₹10.15 Cr
EBITDA margin 24.5%
Authorised capital
₹1.55 Cr
Registered with MCA
Paid-up capital
₹1.55 Cr
Issued & subscribed
Open charges
₹9.39 Cr
Satisfied ₹45 Lakh
Company age
21 yrs
Est. 2005
Employees · EPFO
53
Provident fund records
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.
Midas Autosoft Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0084943). 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.
Company details
CIN U29196PN2005PTC020578
Registration Number 020578
Incorporation Date 18 April 2005
ROC Pune
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 Small
Udyam Registration UDYAM-MH-26-0084943
Recognitions & Rankings of Midas Autosoft Engineers
Contact details
Midas Autosoft Engineers Private Limited's registered office is in Bhor, Maharashtra. Its website is midasautosoft.com. Its telephone number is in the company report.
- Telephone
- 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
To see the full contact details of Midas Autosoft Engineers Private Limited, buy the company report.
Comprehensive company report
Midas Autosoft Engineers 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
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 |
Business activity
The main business activity of Midas Autosoft Engineers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Midas Autosoft Engineers Private Limited, buy the company report.
Financials of Midas Autosoft Engineers Private Limited
FY 2024 filings availableMidas Autosoft Engineers Private Limited reported revenue of ₹41.51 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹41.51 Cr ▲ 11%
Net profit · FY 2024
₹6.87 Cr margin 16.6%
EBITDA · FY 2024
₹10.15 Cr margin 24.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 78%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 109%
5 years · compounded
▲ 65%
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
| 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 | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| 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 | |||||
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| 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 Midas Autosoft Engineers Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navnath Babanrao Thite | Managing Director | 18 Apr 2005 | 21 Years 6 Months | Current |
| Girish Ganpatrao Latne Also directs: Enginext Consultancy LLP, Talvian Search LLP | Whole-Time Director | 18 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Midas Autosoft Engineers Private Limited is compared with the 8 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| 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 Limitedthis company | ₹41.51 Cr (FY 2024) | ₹6.87 Cr | 16.6% | 11.0% | 53 | Bhor, Maharashtra, 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 |
To see the full peer comparison of Midas Autosoft Engineers Private Limited, buy the company report.
Auditor
Midas Autosoft Engineers Private Limited is audited by ABHIJIT S SATAV & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHIJIT S SATAV & CO | FY 2023 | 131190W |
Shareholding
The shareholding of Midas Autosoft Engineers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Midas Autosoft Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.39 Cr
Satisfied charges
₹45 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2024 | 101033140 | Others | ₹4.95 Cr | Open | |
| 25 Sep 2020 | 100389549 | Others | ₹37 Lakh | Open | |
| 08 Jun 2020 | 100346315 | Others | ₹57 Lakh | Open | |
| 20 Mar 2007 | 10047502 | State Bank of India | ₹3.5 Cr | Open | |
| 09 Sep 2021 | 100484662 | Others | ₹20 Lakh | Satisfied |
To see the full charge records of Midas Autosoft Engineers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
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.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
3
Disposed
2
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 |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Manshya Marketing Pvt Ltd and Anr and 1 other | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Manshya Marketing Pvt. Ltd Through Devendra Dinkar Dange | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Manshya Marketing Pvt. Ltd. Through Devendra Dinkar Dange and 1 other | 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 |
To see the full case history of Midas Autosoft Engineers 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
No delayed payments to MSME suppliers are on our record for Midas Autosoft Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midas Autosoft Engineers Private Limited has a workforce of 53 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
53
Active EPFO establishments
1
Employee growth
20.45%
GST
Midas Autosoft Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM2414R1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midas Autosoft Engineers Private Limited, buy the company report.
Recent activity
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.
Charges
A charge with Others amounted to Rs. 4.95 Cr with Charge ID 101033140 was registered on 14 Dec 2024.
AGM
Midas Autosoft Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 27 Nov 2019 via Charge ID 100357824 with Others was fully satisfied on 22 Apr 2024.
Filing
Midas Autosoft Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 09 Sep 2021 via Charge ID 100484662 with Others was fully satisfied on 12 Jul 2023.
Charges
A charge with State Bank Of India of Rs. 3.50 Cr registered on 20 Mar 2007 with Charge ID 10047502 was modified on 15 Apr 2022.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100484662 was registered on 09 Sep 2021.
Charges
A charge with Others of Rs. 0.37 Cr registered on 25 Sep 2020 with Charge ID 100389549 was modified on 02 Dec 2020.
Charges
A charge with Others amounted to Rs. 0.37 Cr with Charge ID 100389549 was registered on 25 Sep 2020.
Charges
A charge with Others amounted to Rs. 0.57 Cr with Charge ID 100346315 was registered on 08 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100357824 was registered on 27 Nov 2019.
Ceased
Nikhilesh Narendra Pant ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
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 has 2 current directors:
- Navnath Babanrao Thite - Managing Director
- Girish Ganpatrao Latne - Whole-Time Director
The latest financial statements of Midas Autosoft Engineers 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 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 3 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
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.
Yes, Midas Autosoft Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0084943).
Midas Autosoft Engineers can be reached through the website midasautosoft.com. Its registered office is in Bhor, Maharashtra, India.
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