MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0028345
Miltech Industries Private Limited - manufacturing in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹1.5 Cr
▼ 87% YoY
Net loss · FY 2022
₹1.56 Cr
Net margin -103.8%
EBITDA · FY 2022
-₹39.9 Lakh
EBITDA margin -26.6%
Authorised capital
₹14 Cr
Registered with MCA
Paid-up capital
₹13.76 Cr
Issued & subscribed
Open charges
₹1.38 Cr
Satisfied ₹22.74 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
3
Provident fund records
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 3 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 46 cases involving the company, including 18 filed by the company and 28 filed against it; 6 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 4 peer companies in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 3 smaller; the largest is VDS Plastics Pvt. Ltd. with revenue of ₹1.5 Cr.
Miltech Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0028345). 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.
Company details
CIN U74950MH1982PTC027274
Registration Number 027274
Incorporation Date 31 May 1982
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-20-0028345
Name history
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 |
Recognitions & Rankings of Miltech Industries
Contact details
Miltech Industries Private Limited's registered office is in Nagpur, Maharashtra. Its website is miltechindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressF – 27 / 1 MIDC Industrial Hingna Road, Nagpur, Maharashtra, India – 440016
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Miltech Industries Private Limited, buy the company report.
Comprehensive company report
Miltech Industries 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
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Miltech Industries Private Limited, buy the company report.
Financials of Miltech Industries Private Limited
FY 2024 filings availableMiltech Industries Private Limited reported revenue of ₹1.5 Cr (down 87% YoY) for FY 2022.
Revenue · FY 2022
₹1.5 Cr ▼ 87%
Net loss · FY 2022
₹1.56 Cr margin -103.8%
EBITDA · FY 2022
-₹39.9 Lakh margin -26.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 56%
5 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 62%
5 years · compounded
▼ 16%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Miltech Industries Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Govindlal Agarwal | Director | 07 Jun 1984 | 42 Years 5 Months | Current |
| Krishnasamy Chinnasamy | Director | 31 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Miltech Industries Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VDS Plastics Pvt. Ltd. | ₹1.5 Cr (FY 2020) | 4.0% | Delhi, India | |||
| Miltech Industries Private Limitedthis company | ₹1.5 Cr (FY 2022) | -₹1.56 Cr | -103.8% | -87.0% | 3 | 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 | |||
| Goodwin Packpet Private Limited | ₹1.49 Cr (FY 2018) | -62.0% | Thrissur, Kerala, India |
To see the full peer comparison of Miltech Industries Private Limited, buy the company report.
Auditor
Miltech Industries Private Limited is audited by O C JOSHI & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O C JOSHI & COMPANY | FY 2022 | 151995W |
Shareholding
The shareholding of Miltech Industries 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Miltech Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.38 Cr
Satisfied charges
₹22.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2012 | 10393530 | Intec Capital Limited | ₹1.52 Cr | Satisfied | |
| 04 Dec 2012 | 10391162 | Intec Capital Limited | ₹23.63 Lakh | Satisfied | |
| 04 Dec 2012 | 10391549 | Intec Capital Limited | ₹49.2 Lakh | Satisfied | |
| 01 Jun 2011 | 10290988 | Intec Capital Limited | ₹1.95 Cr | Satisfied | |
| 01 Jun 2011 | 10292735 | Intec Capital Limited | ₹1.1 Cr | Satisfied |
To see the full charge records of Miltech Industries Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
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.
Total deals
13
Secondary share transfers
9
Funding rounds
4
Disclosed funding
₹17.87 Cr
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 |
To see the full deal history of Miltech Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Miltech Industries Private Limited has 46 court cases on record: 18 filed by Miltech Industries, 28 filed against it. 6 cases are pending and 40 are disposed.
Total cases
46
Filed by the company
18
Filed against the company
28
Pending
6
Disposed
40
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 20 | 3 |
| High courts | 11 | 3 | 1 |
| NCLT | 4 | 4 | 0 |
| Supreme Court | 3 | 1 | 2 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against The Government of Maharashtra | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by M/S Petrochem Asia Private Limited Through Vaibhav Dilip Fadale | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by M/S K.L.J. Polymers and Chemicals Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by J.J. Plastalloy Pvt. Ltd. | Disposed |
To see the full case history of Miltech Industries 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 Miltech Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Miltech Industries Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
3
Active EPFO establishments
2
Employee growth
-57.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Miltech Industries Private Limited, buy the company report.
GST
Miltech Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM8953B1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Miltech Industries Private Limited, buy the company report.
Recent activity
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.
Ceased
Krishnasamy Chinnasamy ceased to be Director Appointed In Casual Vacancy.
Charges
A charge registered on 31 Mar 1991 via Charge ID 90228398 with State Bank Of India was fully satisfied on 21 Apr 2025.
Charges
A charge registered on 21 Mar 1991 via Charge ID 90228390 with State Bank Of India was fully satisfied on 21 Apr 2025.
Charges
A charge registered on 20 Mar 1991 via Charge ID 90228387 with State Bank Of India was fully satisfied on 21 Apr 2025.
AGM
Miltech Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Miltech Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 05 Feb 2005 via Charge ID 90243789 with State Bank Of India was fully satisfied on 31 Mar 2024.
Charges
A charge with State Bank Of India of Rs. 5.24 Cr registered on 05 Feb 2005 with Charge ID 90243789 was modified on 07 Aug 2023.
Ceased
Harish Veljibhai Mirani ceased to be Director.
Appointed
Krishnasamy Chinnasamy was appointed as Director.
Ceased
Govindlal Nityanand Agarwal ceased to be Director.
Charges
A charge registered on 22 Dec 2012 via Charge ID 10393530 with Intec Capital Limited was fully satisfied on 31 Mar 2015.
36 earlier events are in the company report.
Frequently asked questions
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 has 2 current directors:
- Pradeep Govindlal Agarwal - Director
- Krishnasamy Chinnasamy - Director
The latest financial statements of Miltech Industries 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 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 46 court cases on record: 18 filed by the company and 28 filed against it. 6 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 VDS Plastics Pvt. Ltd, Kam Plastics Private Limited, Samundra Green Valley Private Limited, Goodwin Packpet Private Limited, all in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Krishnasamy Chinnasamy ceased to be Director Appointed In Casual Vacancy on 15 Jun 2025. Harish Veljibhai Mirani ceased to be Director on 31 Jan 2018. Krishnasamy Chinnasamy was appointed as Director on 31 Jan 2018. Miltech Industries has 9 board changes on record in total.
Yes, Miltech Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0028345).
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