MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0010186
Millennium Precision Auto India Private Limited - automotive in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.59 Cr
▲ 107% YoY
Net profit · FY 2024
₹1.03 Cr
Net margin 2.6%
EBITDA · FY 2024
₹3.67 Cr
EBITDA margin 9.3%
Authorised capital
₹2.1 Cr
Registered with MCA
Paid-up capital
₹1.85 Cr
Issued & subscribed
Open charges
₹11.08 Cr
Satisfied ₹99.5 Lakh
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Millennium Precision Auto India Private Limited
Data last updated:
Millennium Precision Auto India Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 05 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2012PTC231850. Its GSTIN is 27AAICM1109M1ZD (Maharashtra).
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.85 Cr. It is led by directors Surekha Balasaheb Khairnar and Balasaheb Madhavrao Khairnar.
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 Plot No. 2 & 3 Saipratik Bunglow Jagtap Mala Near Devi Mandir Nashik Ro, Ad, Maharashtra, India – 422101.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.59 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 2.6%) and EBITDA of ₹3.67 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 126% over five years.
The company is associated with 1 brand: Flywheel Ring Gears. As per MCA filings, the company has open charges of ₹11.08 Cr and satisfied charges of ₹99.5 Lakh on record.
Millennium Precision Auto India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0010186). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ringgearindia.com.
Company Details of Millennium Precision Auto India Private Limited
CIN U29253MH2012PTC231850
Registration Number 231850
Incorporation Date 05 June 2012
ROC Mumbai
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-23-0010186
Recognitions & Rankings of Millennium Precision Auto India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 2 & 3 Saipratik Bunglow Jagtap Mala Near Devi Mandir Nashik Ro, Ad, Maharashtra, India – 422101
- IndustryAutomotive, Auto Parts & Components
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Associated Brands with Millennium Precision Auto India Private Limited
Millennium Precision Auto India operates one associated brand: Flywheel Ring Gears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies rings and gears to original equipment manufacturers. | ringgearindia.com |
Business Activity of Millennium Precision Auto India Private Limited
The main business activity of Millennium Precision Auto India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Millennium Precision Auto India Private Limited FY 2024 filings available
Millennium Precision Auto India Private Limited reported revenue of ₹39.59 Cr (up 107% YoY) for FY 2024.
Revenue · FY 2024
₹39.59 Cr ▲ 107%
Net profit · FY 2024
₹1.03 Cr margin 2.6%
EBITDA · FY 2024
₹3.67 Cr margin 9.3%
Compounded Annual Growth Rate (CAGR) of Millennium Precision Auto India Private Limited
Revenue CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 64%
5 years · compounded
▲ 126%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 34%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 126% over five years, including 107% growth in the latest year. EBITDA rose 16% 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 Millennium Precision Auto India 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 | ₹3.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.03 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 Millennium Precision Auto India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Millennium Precision Auto India are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Millennium Precision Auto India Private Limited
Millennium Precision Auto India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surekha Balasaheb Khairnar Also directs: Haridwar Precision Auto Private Limited, Aura Alloy Wheels Private Limited, Precision Auto Industries Private Limited and 2 more | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Balasaheb Madhavrao Khairnar Also directs: Haridwar Precision Auto Private Limited, Precision Auto Components Private Limited, Aura Alloy Wheels Private Limited and 3 more | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
Peer Comparison of Millennium Precision Auto India Private Limited
Millennium Precision Auto India Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto, Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aalpha Systems and Engineering Private Limited | ₹39.77 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Sah and Sanghi Auto Agencies Private Limited | ₹39.73 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Sun Pressing Private Limited | ₹39.73 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Madurai, Tamil Nadu, India |
| Matrix Fast Tools Technologies Private Limited | ₹39.66 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Pune, Maharashtra, India |
| Sanch Motors Private Limited | ₹39.63 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Chandigarh, India |
| Millennium Precision Auto India Private Limited this company | ₹39.59 Cr (FY 2024) | •••• | •••• | 107.0% | •••• | Nashik, Maharashtra, India |
| Progressive Steel Automotive Solution Private Limited | ₹39.55 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Delhi, India |
| TS Interseats India Private Limited | ₹39.54 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Malur, Karnataka, India |
| Podder Auto India Private Limited | ₹39.54 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Silchar, Assam, India |
| M.N.R. Automotive Private Limited | ₹39.42 Cr (FY 2023) | •••• | •••• | 3.0% | •••• | Bawal, Haryana, India |
| Avian Auto Private Limited | ₹39.41 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Millennium Precision Auto India by revenue in the Automobiles industry (Auto, Auto Ancillary), 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 Millennium Precision Auto India Private Limited
Millennium Precision Auto India Private Limited is audited by Pankaj P. Kulkarni for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pankaj P. Kulkarni | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Millennium Precision Auto India Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Millennium Precision Auto India Private Limited
Open charges
₹11.08 Cr
Satisfied charges
₹99.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Feb 2024 | Axis Bank Limited | ₹2 Cr | Open |
| 30 Jan 2024 | Others | ₹1 Cr | Open |
| 29 Nov 2022 | Sidbi | ₹11.3 Lakh | Open |
| 12 Dec 2018 | Axis Bank Limited | ₹7.97 Cr | Open |
| 09 Jun 2015 | Mahindra and Mahindra Financial Services Limited | ₹99.5 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Millennium Precision Auto India Private Limited
Employment history and EPFO contributions of people linked to Millennium Precision Auto India.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Millennium Precision Auto India Private Limited
Millennium Precision Auto India Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Kunal Balasaheb Khairnar ceased to be Director on 30 Mar 2022.
Charges
A charge with Axis Bank Limited of Rs. 7.97 Cr registered on 12 Dec 2018 with Charge ID 100223625 was modified on 25 Jul 2025.
AGM
Millennium Precision Auto India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Millennium Precision Auto India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100868232 was registered on 09 Feb 2024.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100868057 was registered on 30 Jan 2024.
Charges
A charge with Sidbi amounted to Rs. 0.11 Cr with Charge ID 100644139 was registered on 29 Nov 2022.
Ceased
Kunal Balasaheb Khairnar ceased to be Director.
Ceased
Sharad Changdeo Gurule ceased to be Director.
Appointed
Balasaheb Madhavrao Khairnar was appointed as Director.
Appointed
Surekha Balasaheb Khairnar was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.97 Cr with Charge ID 100223625 was registered on 12 Dec 2018.
Charges
A charge registered on 09 Jun 2015 via Charge ID 10574469 with Mahindra And Mahindra Financial Services Limited was fully satisfied on 15 Nov 2018.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Millennium Precision Auto India Private Limited
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MSME Payment Delays by Millennium Precision Auto India Private Limited
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Subsidiaries & Group Companies of Millennium Precision Auto India Private Limited
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Corporate group structure
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GST Compliance of Millennium Precision Auto India Private Limited
Millennium Precision Auto India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM1109M1ZD | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Millennium Precision Auto India Private Limited
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Frequently Asked Questions about Millennium Precision Auto India Private Limited
Millennium Precision Auto India is an active private limited company based in Nashik, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 05 June 2012 (14+ years old) and is registered under CIN U29253MH2012PTC231850.
Millennium Precision Auto India reported revenue of ₹39.59 Cr for FY 2024 (up 107% YoY).
Millennium Precision Auto India has 2 current directors:
- Surekha Balasaheb Khairnar - Director
- Balasaheb Madhavrao Khairnar - Director
Millennium Precision Auto India reported a net profit of ₹1.03 Cr (net margin 2.6%) and EBITDA of ₹3.67 Cr (EBITDA margin 9.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Millennium Precision Auto India is 64% over three years and 126% over five years. In the latest year (FY 2024) revenue rose 107%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Millennium Precision Auto India is 27AAICM1109M1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Millennium Precision Auto India is U29253MH2012PTC231850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millennium Precision Auto India was incorporated on 05 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Millennium Precision Auto India by revenue are Aalpha Systems and Engineering Private Limited, Sah and Sanghi Auto Agencies Private Limited, Sun Pressing Private Limited, Matrix Fast Tools Technologies Private Limited, Sanch Motors Private Limited and 5 more, all in the Automobiles industry (Auto, Auto Ancillary).
Kunal Balasaheb Khairnar ceased to be Director on 30 Mar 2022. Sharad Changdeo Gurule ceased to be Director on 30 Mar 2022. Balasaheb Madhavrao Khairnar was appointed as Director on 30 Nov 2021. Millennium Precision Auto India has 8 board changes on record in total.
Yes, Millennium Precision Auto India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0010186).