Modi Innovations Private Limited

Modi Innovations Private Limited - engineering in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2015PTC263797 Incorporated 25 April 2015 ROC Mumbai HQ Aurangabad, Maharashtra, India
Active Private Limited Company engineering MSME · Micro
Data last updated
Revenue · FY 2024
₹3.74 Cr
▼ 24% YoY
Net profit · FY 2024
₹5.61 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹12.31 Lakh
EBITDA margin 3.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹25 Lakh
No open charges
Company age
11 yrs
Est. 2015
Employees · EPFO
5
Provident fund records

About Modi Innovations Private Limited

Data last updated:

Modi Innovations Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the robotics and automation solutions segment of the engineering sector. It was incorporated on 25 April 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC263797. Its GSTIN is 27AAJCM7117J1Z6 (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhijit Laxman Modi and Girish Laxman Modi.

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 Gala No.28 Stpi Chikalthana MIDC, Aurangabad, Maharashtra, India – 431210.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.74 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹5.61 Lakh (net margin 1.5%) and EBITDA of ₹12.31 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 8% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Modi Innovations. As per MCA filings, the company has satisfied charges of ₹25 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.

Modi Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0026574). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modiinnovations.com.

Company details

CIN U74900MH2015PTC263797
Registration Number 263797
Incorporation Date 25 April 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-04-0026574
Key People
Abhijit Laxman Modi Director Girish Laxman Modi Director

Recognitions & Rankings of Modi Innovations

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-04-0026574

Contact details

Modi Innovations Private Limited's registered office is in Aurangabad, Maharashtra. Its website is modiinnovations.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    modiinnovations.com
  • Social Media
  • Registered Address
    Gala No.28 Stpi Chikalthana MIDC, Aurangabad, Maharashtra, India – 431210
  • Industry
    Engineering, Robotics & Automation Solutions

To see the full contact details of Modi Innovations Private Limited, buy the company report.

Comprehensive company report
Modi Innovations 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

Modi Innovations operates one associated brand: Modi Innovations. Each brand links to its own profile.

BrandDescriptionWebsite
Modi Innovations
Delivers comprehensive cloud-based IoT solutions for manufacturing industries.modiinnovations.com

Business activity

The main business activity of Modi Innovations is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Modi Innovations Private Limited, buy the company report.

Financials of Modi Innovations Private Limited

FY 2025 filings available

Modi Innovations Private Limited reported revenue of ₹3.74 Cr (down 24% YoY) for FY 2024.

Revenue · FY 2024
₹3.74 Cr ▼ 24%
Net profit · FY 2024
₹5.61 Lakh margin 1.5%
EBITDA · FY 2024
₹12.31 Lakh margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 28%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 137%
3 years · compounded
▲ 32%
5 years · compounded
▲ 18%

Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 137% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹12.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.61 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.3%
Net Profit Margin1.5%
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 Modi Innovations Private Limited, buy the company report.

Board of directors of Modi Innovations Private Limited

Modi Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhijit Laxman Modi
Also directs: Modi Global Solutions Private Limited, Unica Gallery Private Limited
Director25 Apr 201511 Years 6 MonthsCurrent
Girish Laxman Modi
Also directs: Modi Global Solutions Private Limited, Mazhe Ghar LLP
Director25 Apr 201511 Years 6 MonthsCurrent
View all directors

Auditor

Modi Innovations Private Limited is audited by GOPAL JAJOO & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
GOPAL JAJOO & ASSOCIATESFY 2020113646W

Shareholding

The shareholding of Modi Innovations Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Modi Innovations Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Others₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Sep 2016100055900Others₹25 LakhSatisfied

To see the full charge records of Modi Innovations Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Modi Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Modi Innovations Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1

GST

Modi Innovations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAJCM7117J1Z6MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Modi Innovations Private Limited, buy the company report.

Recent activity

Modi Innovations Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Tejas Rajendra Bakliwal ceased to be Director on 01 Jul 2020.

AGM
Modi Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Modi Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge registered on 27 Sep 2016 via Charge ID 100055900 with Others was fully satisfied on 13 Oct 2020.
Ceased
Tejas Rajendra Bakliwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100055900 was registered on 27 Sep 2016.
Appointed
Tejas Rajendra Bakliwal was appointed as Director.
Appointed
Abhijit Laxman Modi was appointed as Director.
Appointed
Girish Laxman Modi was appointed as Director.
Incorporation
25 Apr 2015
Modi Innovations Private Limited was registered on 25 Apr 2015 with Roc Mumbai Ii & aged 11 years 6 months as per MCA records.

Frequently asked questions

Modi Innovations is an active private limited company based in Aurangabad, Maharashtra, India. The company works in robotics and automation solutions, within the engineering industry. It was incorporated on 25 April 2015 (11+ years old) and is registered under CIN U74900MH2015PTC263797.

Modi Innovations has 2 current directors:

The latest financial statements of Modi Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Modi Innovations is 27AAJCM7117J1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Modi Innovations is U74900MH2015PTC263797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Modi Innovations has 3 court cases on record: 3 filed against it. 1 is pending.

Modi Innovations was incorporated on 25 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Tejas Rajendra Bakliwal ceased to be Director on 01 Jul 2020. Tejas Rajendra Bakliwal was appointed as Director on 04 Aug 2015. Abhijit Laxman Modi was appointed as Director on 25 Apr 2015. Modi Innovations has 4 board changes on record in total.

Yes, Modi Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-04-0026574).

Modi Innovations can be reached through the website modiinnovations.com. Its registered office is in Aurangabad, Maharashtra, India.