About Modern Engineering Services Pvt Ltd
Data last updated:
Modern Engineering Services Pvt Ltd is a private limited company based in Sundergarh, Odisha, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 04 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U29214OR1988PTC001972. Its GSTIN is 21AABCM2115N1ZU (Odisha).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors including Pradeep Kumar Gosain (Managing Director) and Riya Gosain.
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 Ishwar Complex Uditnagarrourkela, Sundergarh, Odisha, India – 769012.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.47 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹9.4 Lakh (net margin 1%) and EBITDA of ₹35.42 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 103% over three years and 47% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.63 Cr and satisfied charges of ₹6.35 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mew-india.com.
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- TelephoneLocked
- Website
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- Registered AddressIshwar Complex Uditnagarrourkela, Sundergarh, Odisha, India – 769012
- IndustryMachinery and Equipment, Industrial Machinery 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 Modern Engineering Services Pvt Ltd
The main business activity of Modern Engineering Services 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 |
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 Modern Engineering Services Pvt Ltd FY 2025 filings available
Modern Engineering Services Pvt Ltd reported revenue of ₹9.47 Cr (up 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Modern Engineering Services Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 80% growth in the latest year. EBITDA rose 32% 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 Modern Engineering Services Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.47 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹35.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.4 Lakh | •••• | •••• | •••• | •••• |
| 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 Modern Engineering Services Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Modern Engineering Services 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 Modern Engineering Services Pvt Ltd
Modern Engineering Services Pvt Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alloy Utopia Private Limited | ₹9.49 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kalyan, Maharashtra, India |
| Iota Flow Systems Private Limited | ₹9.49 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Ultraweld Electrodes Private Limited | ₹9.48 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Malur, Karnataka, India |
| Shree Nagalakshmi Pyrolysis Private Limited | ₹9.48 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Coimbatore, Tamil Nadu, India |
| Mechseal Valve Private Limited | ₹9.47 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Village Metoda, Gujarat, India |
| Modern Engineering Services Pvt Ltd this company | ₹9.47 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | Sundergarh, Odisha, India |
| Expomark Hydrotech Private Limited | ₹9.47 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Fine Filteration Technology Private Limited | ₹9.47 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Pune, Maharashtra, India |
| Nav Jeevan Fiber Glass Private Limited | ₹9.46 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Hapur, Uttar Pradesh, India |
| Electro Flux Equipments Private Limited | ₹9.46 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Filtrum Separations Technologies Private Limited | ₹9.45 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Park, Aundh, Pune-7, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Modern Engineering Services by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Modern Engineering Services Pvt Ltd
Modern Engineering Services Pvt Ltd is audited by R.GOPAL & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.GOPAL & ASSOCIATES | 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 Modern Engineering Services Pvt Ltd
Modern Engineering Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riya Gosain | Director | 15 Mar 2012 | 14 Years 7 Months | Current |
| Tina Gosain | Director | 15 Feb 1988 | 38 Years 8 Months | Current |
| Pradeep Kumar Gosain | Managing Director | 04 Feb 1988 | 38 Years 8 Months | Current |
| Shreya Gosain | Director | 24 Mar 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Modern Engineering Services Pvt Ltd
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 Modern Engineering Services Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2025 | Others | ₹3.05 Cr | Open |
| 03 May 2025 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 09 Sep 2020 | Axis Bank Limited | ₹29 Lakh | Open |
| 24 Mar 2014 | Axis Bank Limited | ₹2 Cr | Open |
| 15 Mar 1993 | State Bank of India | ₹9.3 Lakh | Open |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Modern Engineering Services Pvt Ltd
Modern Engineering Services Pvt Ltd has a workforce of 17 employees as of Apr 05, 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 Modern Engineering Services Pvt Ltd
Modern Engineering Services Pvt Ltd has 5 board changes on record since 1988: 4 appointments and 1 cessation. The latest: Mona Gosain ceased to be Director on 24 Mar 2012.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Modern Engineering Services Pvt Ltd
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 Modern Engineering Services Pvt Ltd
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 Modern Engineering Services Pvt Ltd
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 Modern Engineering Services Pvt Ltd
Modern Engineering Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCM2115N1ZU | Odisha | 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 Modern Engineering Services Pvt Ltd
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 Modern Engineering Services Pvt Ltd
Modern Engineering Services is an active private limited company based in Sundergarh, Odisha, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 04 February 1988 (38+ years old) and is registered under CIN U29214OR1988PTC001972.
Modern Engineering Services reported revenue of ₹9.47 Cr for FY 2024 (up 80% YoY).
Modern Engineering Services has 4 current directors:
- Pradeep Kumar Gosain - Managing Director
- Riya Gosain - Director
- Tina Gosain - Director
- Shreya Gosain - Director
Modern Engineering Services reported a net profit of ₹9.4 Lakh (net margin 1%) and EBITDA of ₹35.42 Lakh (EBITDA margin 3.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modern Engineering Services is 103% over three years and 47% over five years. In the latest year (FY 2024) revenue rose 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Modern Engineering Services is 21AABCM2115N1ZU, registered in Odisha.
The CIN (Corporate Identification Number) of Modern Engineering Services is U29214OR1988PTC001972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Engineering Services was incorporated on 04 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Modern Engineering Services by revenue are Alloy Utopia Private Limited, Iota Flow Systems Private Limited, Ultraweld Electrodes Private Limited, Shree Nagalakshmi Pyrolysis Private Limited, Mechseal Valve Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Mona Gosain ceased to be Director on 24 Mar 2012. Shreya Gosain was appointed as Director on 24 Mar 2012. Riya Gosain was appointed as Director on 15 Mar 2012. Modern Engineering Services has 5 board changes on record in total.
Modern Engineering Services can be reached through the website mew-india.com. Its registered office is in Sundergarh, Odisha, India.