About Midas Microtech Engineering Private Limited
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Midas Microtech Engineering Private Limited is a private limited company based in Vasai East Palghar, Maharashtra, India. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 11 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH2020PTC345858. Its GSTIN is 27AANCM7970K1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹38.61 Lakh. It is led by directors Sudhir Laxman Nayak and Saurabh Sudhir Nayak.
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 34 35 36 Subodh Sagar Industrial Complex Chinchpada, Vasai East Palghar, Maharashtra, India – 401208.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.87 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹8.94 Cr (net margin 29%) and EBITDA of ₹15.07 Cr (EBITDA margin 48.8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Midas Microtech. As per MCA filings, the company has open charges of ₹1.33 Cr and satisfied charges of ₹1.7 Cr on record.
For more details, the company can be reached via its website midasmicrotech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address34 35 36 Subodh Sagar Industrial Complex Chinchpada, Vasai East Palghar, Maharashtra, India – 401208
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
- 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 Microtech Engineering Private Limited
The main business activity of Midas Microtech Engineering 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 Microtech Engineering Private Limited FY 2025 filings available
Midas Microtech Engineering Private Limited reported revenue of ₹30.87 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Midas Microtech Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over three years, including 2% growth in the latest year. EBITDA rose 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 of Midas Microtech Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹15.07 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.94 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 Midas Microtech Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 48.8% | •••• | •••• | •••• |
| Net Profit Margin | 29% | •••• | •••• | •••• |
| 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 Microtech Engineering are in the company report.
Financial statements from FY 2021
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 Microtech Engineering Private Limited
Midas Microtech Engineering Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Aircraft and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kinetix Engineering Solutions Limited | •••• | •••• | •••• | •••• | - | Banglore, Karnataka, India |
| Meggitt India Private Limited | •••• | •••• | •••• | •••• | 18 | North Bangalore, Karnataka, India |
| Karnataka Hybrid Micro Devices Limited. | •••• | •••• | •••• | •••• | 134 | Bangalore., Karnataka, India |
| Jayasuriya Aero Private Limited | •••• | •••• | •••• | •••• | 54 | Chennai, Tamil Nadu, India |
| Skyroot Aerospace Private Limited | •••• | •••• | •••• | •••• | 374 | Hyderabad, Telangana, India |
| Midas Microtech Engineering Private Limited this company | •••• | •••• | •••• | •••• | - | Vasai East Palghar, Maharashtra, India |
| Triveni Hi-Tech Private Limited | •••• | •••• | •••• | •••• | 38 | Bangalore, Karnataka, India |
| Orluck Aerospace Private Limited | •••• | •••• | •••• | •••• | 28 | Bangalore, Karnataka, India |
| Vita Technology Private Limited | •••• | •••• | •••• | •••• | 78 | Bangalore, Karnataka, India |
| Igniting Minds Aerospace Private Limited | •••• | •••• | •••• | •••• | 42 | Bangalore, Karnataka, India |
| Prakhar Aviation Technology Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Midas Microtech Engineering by revenue in the Aviation industry (Aircraft and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Midas Microtech Engineering Private Limited
Midas Microtech Engineering Private Limited is audited by SHAH & TAPARIA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH & TAPARIA | 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 Microtech Engineering Private Limited
Midas Microtech Engineering has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Laxman Nayak | Director | 11 Sep 2020 | 6 Years 0 Months | Current |
| Saurabh Sudhir Nayak | Director | 11 Sep 2020 | 6 Years 0 Months | Current |
Ownership and Shareholding of Midas Microtech Engineering 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 Microtech Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Others | ₹1.33 Cr | Open |
| 19 Aug 2021 | Axis Bank Limited | ₹1.7 Cr | Satisfied |
Total charge records: 2 View all charges
Associated Brands with Midas Microtech Engineering Private Limited
Midas Microtech Engineering operates one associated brand: Midas Microtech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micronizer manufacturing and engineering services for pharmaceuticals and related industries. | midasmicrotech.com |
Employees and EPFO Compliance at Midas Microtech Engineering Private Limited
Midas Microtech Engineering Private Limited has a workforce of 9 employees as of Apr 08, 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 Microtech Engineering Private Limited
Midas Microtech Engineering Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Saurabh Sudhir Nayak was appointed as Director on 11 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Midas Microtech Engineering 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 Microtech Engineering 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 Microtech Engineering 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 Microtech Engineering Private Limited
Midas Microtech Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCM7970K1ZN | Maharashtra | Active | 16 Sep 2020 |
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 Microtech Engineering 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 Microtech Engineering Private Limited
Midas Microtech Engineering is an active private limited company based in Vasai East Palghar, Maharashtra, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 11 September 2020 (6+ years old) and is registered under CIN U29299MH2020PTC345858.
Midas Microtech Engineering reported revenue of ₹30.87 Cr for FY 2024 (up 2% YoY).
Midas Microtech Engineering has 2 current directors:
- Sudhir Laxman Nayak - Director
- Saurabh Sudhir Nayak - Director
Midas Microtech Engineering reported a net profit of ₹8.94 Cr (net margin 29%) and EBITDA of ₹15.07 Cr (EBITDA margin 48.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midas Microtech Engineering is 39% over three years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midas Microtech Engineering is 27AANCM7970K1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Midas Microtech Engineering is U29299MH2020PTC345858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Microtech Engineering was incorporated on 11 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Midas Microtech Engineering by revenue are Kinetix Engineering Solutions Limited, Meggitt India Private Limited, Karnataka Hybrid Micro Devices Limited, Jayasuriya Aero Private Limited, Skyroot Aerospace Private Limited and 5 more, all in the Aviation industry (Aircraft and Components Manufacturing).
Saurabh Sudhir Nayak was appointed as Director on 11 Sep 2020. Sudhir Laxman Nayak was appointed as Director on 11 Sep 2020.
Midas Microtech Engineering can be reached through the website midasmicrotech.com. Its registered office is in Vasai East Palghar, Maharashtra, India.