Achutha Engineering Private Limited
About Achutha Engineering Private Limited
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Achutha Engineering Private Limited is a private limited company based in Hosur, Tamil Nadu, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 03 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31909TZ2006PTC012984. Its GSTIN is 33AAFCA9034L1ZL (Tamil Nadu).
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors Narayanan Govindappanaidu (Managing Director) and Yeshodha Venkataramanappa.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No 3 – C1 Electrical And Elecronics Indl Estate, Hosur, Tamil Nadu, India – 635109.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.25 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹8.84 Lakh (net margin 3.9%) and EBITDA of ₹48.89 Lakh (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹9.28 Cr on record. Court records list 14 cases involving the company, including 7 filed by the company and 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Achutha Engineering Private Limited's registered office is in Hosur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 3 – C1 Electrical And Elecronics Indl Estate, Hosur, Tamil Nadu, India – 635109
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Achutha Engineering Private Limited, buy the company report.
- 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
Business activity
The main business activity of Achutha Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Achutha Engineering Private Limited
FY 2023 filings availableAchutha Engineering Private Limited reported revenue of ₹2.25 Cr (down 74% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 50% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹48.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Achutha Engineering Private Limited, buy the company report.
Board of directors of Achutha Engineering Private Limited
Achutha Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanan Govindappanaidu Also directs: Yeko Enterprises Private Limited | Managing Director | 05 Apr 2012 | 14 Years 6 Months | Current |
| Yeshodha Venkataramanappa Also directs: Yeko Enterprises Private Limited | Director | 03 Aug 2006 | 20 Years 2 Months | Current |
Auditor
Achutha Engineering Private Limited is audited by A SIVARANJANI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SIVARANJANI & CO | FY 2021 | 018201S |
Shareholding
The shareholding of Achutha Engineering Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Achutha Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100430087 | Others | ₹25 Lakh | Open | |
| 16 Jun 2020 | 100341458 | Others | ₹25 Lakh | Open | |
| 09 Mar 2019 | 100244480 | Others | ₹1 Cr | Open | |
| 28 Mar 2018 | 100165055 | Others | ₹50 Lakh | Open | |
| 27 Mar 2018 | 100171848 | Others | ₹37.87 Lakh | Open |
To see the full charge records of Achutha Engineering Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Achutha Engineering Private Limited has 14 court cases on record: 7 filed by Achutha Engineering, 7 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 3 | 1 |
| District courts | 4 | 4 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Tamilnadu Industrial Investment Corporation Ltd. (Tiic) | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Prime Gases Private Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Metrolab Engineering Pvt. Ltd. and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Metrolab Engineering Pvt. Ltd., and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Tamilnadu Industrial Investment Corporation Ltd. (Tiic) and 1 other | Disposed |
To see the full case history of Achutha Engineering 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 Achutha Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Achutha Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCA9034L1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Achutha Engineering Private Limited, buy the company report.
Recent activity
Achutha Engineering Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Jayalakshmamma Ramaiah ceased to be Director on 22 Sep 2021.
5 earlier events are in the company report.
Frequently asked questions
Achutha Engineering is an active private limited company based in Hosur, Tamil Nadu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 03 August 2006 (20+ years old) and is registered under CIN U31909TZ2006PTC012984.
Achutha Engineering has 2 current directors:
- Narayanan Govindappanaidu - Managing Director
- Yeshodha Venkataramanappa - Director
The latest financial statements of Achutha Engineering on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Achutha Engineering is 33AAFCA9034L1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Achutha Engineering is U31909TZ2006PTC012984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Achutha Engineering has 14 court cases on record: 7 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Achutha Engineering was incorporated on 03 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
Jayalakshmamma Ramaiah ceased to be Director on 22 Sep 2021. Nagaprakash Venkataramanappa ceased to be Managing Director on 05 Apr 2012. Narayanan Govindappanaidu was appointed as Managing Director on 05 Apr 2012. Achutha Engineering has 4 board changes on record in total.
The registered office of Achutha Engineering is at Plot No 3 – C1 Electrical And Elecronics Indl Estate, Hosur, Tamil Nadu, India – 635109.
Achutha Engineering operates in the engineering industry, in the metal foundry and fabrication services segment.