About Miltech Industries Private Limited
Data last updated:
Miltech Industries Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 31 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74950MH1982PTC027274. Its GSTIN is 27AAACM8953B1ZI (Maharashtra).
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹13.76 Cr. It was formerly known as Nityanand Packing and Aliied Industries Private Limited and Miltech Metals Private Limited. It is led by directors Pradeep Govindlal Agarwal and Krishnasamy Chinnasamy.
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 F – 27 / 1 MIDC Industrial Hingna Road, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.5 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹1.56 Cr (net margin -103.8%) and EBITDA of -₹39.9 Lakh (EBITDA margin -26.6%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 50% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Miltech Industries. As per MCA filings, the company has open charges of ₹1.38 Cr and satisfied charges of ₹22.74 Cr on record. Court records list 41 cases involving the company, including 18 filed by the company and 21 filed against it; 5 cases are pending. The company has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹17.87 Cr; the latest was in March 2014. Its 10 peer companies in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber Based Products) are compared by revenue, 5 larger and 5 smaller; the largest is Vinco Alloys Private Limited with revenue of ₹1.5 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miltechindustries.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF – 27 / 1 MIDC Industrial Hingna Road, Nagpur, Maharashtra, India – 440016
- IndustryManufacturing, Plastic-Based Products
- 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 Miltech Industries Private Limited
The main business activity of Miltech Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Miltech Industries Private Limited FY 2024 filings available
Miltech Industries Private Limited reported revenue of ₹1.5 Cr (down 87% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Miltech Industries Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 87% fall in the latest year. EBITDA rose 92% 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 Miltech Industries Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.5 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹39.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.56 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 Miltech Industries Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -103.8% | •••• | •••• | •••• | •••• |
| 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 Miltech Industries 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 Miltech Industries Private Limited
Miltech Industries Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vinco Alloys Private Limited | ₹1.5 Cr (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| East Coast Metals and Minerals Pvt Ltd | ₹1.5 Cr (FY 2020) | •••• | •••• | 9.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Positech Engineering Private Limited | ₹1.5 Cr (FY 2016) | •••• | •••• | 29.0% | •••• | Haryana, India |
| VDS Plastics Pvt. Ltd. | ₹1.5 Cr (FY 2020) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Supreme Bonds Private Limited | ₹1.5 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Thane, Maharashtra, India |
| Miltech Industries Private Limited this company | ₹1.5 Cr (FY 2022) | •••• | •••• | -87.0% | •••• | Nagpur, Maharashtra, India |
| Kam Plastics Private Limited | ₹1.5 Cr (FY 2024) | •••• | •••• | -64.0% | •••• | Nagpur, Maharashtra, India |
| Samundra Green Valley Private Limited | ₹1.5 Cr (FY 2023) | •••• | •••• | -12.0% | •••• | Langha Road, Uttarakhand, India |
| Gaurang Metals Private Limited | ₹1.5 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Pal Metals Private Limited | ₹1.5 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Goodwin Packpet Private Limited | ₹1.49 Cr (FY 2018) | •••• | •••• | -62.0% | •••• | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Miltech Industries by revenue in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber Based Products), 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 Miltech Industries Private Limited
Miltech Industries Private Limited is audited by O C JOSHI & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| O C JOSHI & COMPANY | 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 Miltech Industries Private Limited
Miltech Industries has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Govindlal Agarwal | Director | 07 Jun 1984 | 42 Years 4 Months | Current |
| Krishnasamy Chinnasamy | Director | 31 Jan 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Miltech Industries 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 Miltech Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2012 | Intec Capital Limited | ₹1.52 Cr | Satisfied |
| 04 Dec 2012 | Intec Capital Limited | ₹23.63 Lakh | Satisfied |
| 04 Dec 2012 | Intec Capital Limited | ₹49.2 Lakh | Satisfied |
| 01 Jun 2011 | Intec Capital Limited | ₹1.95 Cr | Satisfied |
| 01 Jun 2011 | Intec Capital Limited | ₹1.1 Cr | Satisfied |
Total charge records: 16 View all charges
Deals & Funding of Miltech Industries Private Limited
Miltech Industries Private Limited has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹17.87 Cr; the latest was in March 2014.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Wood Preserves Private Limited Seller: Vedari Engineering Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vedari Engineering Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Wood Preserves Private Limited, Vedari Engineering Private Limited Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Vedari Engineering Private Limited Seller: Wood Preserves Private Limited |
| Apr 2009 | Funding round | ₹3.34 Cr | Investors: Wood Preserves Private Limited, Vedari Engineering Private Limited , an individual |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Miltech Industries Private Limited
Miltech Industries Private Limited has 41 court cases on record: 18 filed by Miltech Industries, 21 filed against it, 2 where it is another party. 5 cases are pending and 36 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 18 | 3 |
| High courts | 11 | 3 | 1 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Petrochem Asia Private Limited | Pending |
| Supreme Court | Special leave petition | Filed by the company against Maharashtra Information Technology Corporation Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by K L J Polymers and Chemicals Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by J.J. Plastalloy Private Limited | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company by Saideep Foam Private Limited | Disposed |
Full case history
All 41 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 Miltech Industries Private Limited
Miltech Industries operates one associated brand: Miltech Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of plastic components to tier 1 and OEMs | miltechindustries.com |
Employees and EPFO Compliance at Miltech Industries Private Limited
Miltech Industries Private Limited has a workforce of 5 employees as of Apr 06, 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.
Name History of Miltech Industries Private Limited
Miltech Industries has undergone 2 name changes throughout its history. The company was previously known as Nityanand Packing And Aliied Industries Private Limited, and Miltech Metals Private Limited. The current legal name is Miltech Industries Private Limited.
| Company Name | Status |
|---|---|
| Miltech Industries Private Limited | Current |
| Nityanand Packing And Aliied Industries Private Limited | Previous |
| Miltech Metals Private Limited | Previous |
Recent Activity on Miltech Industries Private Limited
Miltech Industries Private Limited has 9 board changes on record since 1984: 2 appointments and 7 cessations. The latest: Krishnasamy Chinnasamy ceased to be Director Appointed In Casual Vacancy on 15 Jun 2025.
36 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Miltech Industries 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 Miltech Industries 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 Miltech Industries 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 Miltech Industries Private Limited
Miltech Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM8953B1ZI | 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 Miltech Industries 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 Miltech Industries Private Limited
Miltech Industries is an active private limited company based in Nagpur, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 31 May 1982 (44+ years old) and is registered under CIN U74950MH1982PTC027274.
Miltech Industries reported revenue of ₹1.5 Cr for FY 2022 (down 87% YoY).
Miltech Industries has 2 current directors:
- Pradeep Govindlal Agarwal - Director
- Krishnasamy Chinnasamy - Director
Miltech Industries reported a net loss of ₹1.56 Cr (net margin -103.8%) and EBITDA of -₹39.9 Lakh (EBITDA margin -26.6%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Miltech Industries is -56% over three years and -50% over five years. In the latest year (FY 2022) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Miltech Industries is 27AAACM8953B1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Miltech Industries is U74950MH1982PTC027274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miltech Industries has 41 court cases on record: 18 filed by the company and 21 filed against it. 5 are pending. Most are in the district courts.
Miltech Industries was incorporated on 31 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Miltech Industries has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹17.87 Cr; the latest was in March 2014.
The peers of Miltech Industries by revenue are Vinco Alloys Private Limited, East Coast Metals and Minerals Pvt Ltd, Positech Engineering Private Limited, VDS Plastics Pvt. Ltd, Supreme Bonds Private Limited and 5 more, all in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber Based Products).