MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-15-0056535
Afeco Heating and Automation Private Limited
Afeco Heating and Automation Private Limited - manufacturing in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.02 Cr
▲ 505% YoY
Net loss · FY 2024
₹8.16 Lakh
Net margin -8%
EBITDA · FY 2024
₹15.08 Lakh
EBITDA margin 14.8%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹2.8 Cr
Satisfied ₹74.37 Lakh
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Afeco Heating and Automation Private Limited
Data last updated:
Afeco Heating and Automation Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 22 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27320PN2004PTC018814. Its GSTIN is 27AAFCA3248L1ZI (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was formerly known as Afeco Alucaster Private Limited. It is led by directors Prakash Radhakrishna Maladkar and Pranita Prakash Maladkar.
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 Plot No. A 232/2 Five Star MIDC Kagal – Hatkanangale Kagal Kolhapur., Maharashtra, India – 416203.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.16 Lakh (net margin -8%) and EBITDA of ₹15.08 Lakh (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years and 124% over five years.
As per MCA filings, the company has open charges of ₹2.8 Cr and satisfied charges of ₹74.37 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
Afeco Heating and Automation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0056535). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Afeco Heating and Automation Private Limited
CIN U27320PN2004PTC018814
Registration Number 018814
Incorporation Date 22 January 2004
ROC Pune
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 Micro
Udyam Registration UDYAM-MH-15-0056535
Recognitions & Rankings of Afeco Heating and Automation
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No. A 232/2 Five Star MIDC Kagal – Hatkanangale Kagal Kolhapur., Maharashtra, India – 416203
- IndustryManufacturing, Die Casting & Metal Forming
Comprehensive company report
Afeco Heating and Automation 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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Business Activity
The main business activity of Afeco Heating and Automation is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Afeco Heating and Automation Private Limited
FY 2024 filings availableAfeco Heating and Automation Private Limited reported revenue of ₹1.02 Cr (up 505% YoY) for FY 2024.
Revenue · FY 2024
₹1.02 Cr ▲ 505%
Net loss · FY 2024
₹8.16 Lakh margin -8%
EBITDA · FY 2024
₹15.08 Lakh margin 14.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 505%
3 years · compounded
▲ 112%
5 years · compounded
▲ 124%
EBITDA CAGR growth
1 year
▲ 455%
3 years · compounded
▲ 250%
5 years · compounded
▲ 87%
Revenue has grown at a compounded annual rate (CAGR) of 124% over five years, including 505% growth in the latest year. EBITDA rose 455% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹15.08 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹8.16 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.8% | |
| Net Profit Margin | -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, and every line for FY 2019-20 to FY 2022-23, 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 Afeco Heating and Automation are in the company report.
: available in the company report
Board of Directors of Afeco Heating and Automation Private Limited
Afeco Heating and Automation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Radhakrishna Maladkar | Director | 22 Jan 2004 | 22 Years 9 Months | Current |
| Pranita Prakash Maladkar | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
Auditor Details
Afeco Heating and Automation Private Limited is audited by G D A S AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G D A S AND CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹2.8 Cr
Satisfied charges
₹74.37 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2023 | Others | ₹2.8 Cr | Open |
| 24 Oct 2007 | Bank of Baroda | ₹3.97 Lakh | Satisfied |
| 22 Dec 2004 | Bank of Baroda | ₹50 Lakh | Satisfied |
| 20 Dec 2004 | Bank of Baroda | ₹20.4 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases
Afeco Heating and Automation Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Phoenix Industries Private Limited | Disposed |
| District court, Aurangabad, Maharashtra | Court case (Spl .Dkst) | Filed against the company by an individual | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Afeco Heating and Automation.
: available in the company report
Recent Activity
Afeco Heating and Automation Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Pranita Prakash Maladkar ceased to be Additional Director on 30 Sep 2017.
AGM
Afeco Heating And Automation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Afeco Heating And Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others of Rs. 280.00 Lakh registered on 07 Feb 2023 with Charge ID 100691991 was modified on 08 Mar 2023.
Charges
A charge with Others amounted to Rs. 280.00 Lakh with Charge ID 100691991 was registered on 07 Feb 2023.
Ceased
Pranita Prakash Maladkar ceased to be Additional Director.
Ceased
Girish Bhimrao Patil ceased to be Director.
Appointed
Pranita Prakash Maladkar was appointed as Director.
Charges
A charge registered on 24 Oct 2007 via Charge ID 10075375 with Bank Of Baroda was fully satisfied on 15 Mar 2017.
Charges
A charge registered on 22 Dec 2004 via Charge ID 90094131 with Bank Of Baroda was fully satisfied on 15 Mar 2017.
Charges
A charge registered on 20 Dec 2004 via Charge ID 90092931 with Bank Of Baroda was fully satisfied on 15 Mar 2017.
Charges
A charge with Bank Of Baroda of Rs. 3.97 Lakh registered on 24 Oct 2007 with Charge ID 10075375 was modified on 21 Jan 2010.
Charges
A charge with Bank Of Baroda of Rs. 50.00 Lakh registered on 22 Dec 2004 with Charge ID 90094131 was modified on 21 Jan 2010.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Afeco Heating and Automation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA3248L1ZI | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Afeco Heating and Automation is an active private limited company based in Kolhapur, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 22 January 2004 (22+ years old) and is registered under CIN U27320PN2004PTC018814.
Afeco Heating and Automation has 2 current directors:
- Prakash Radhakrishna Maladkar - Director
- Pranita Prakash Maladkar - Director
The latest financial statements of Afeco Heating and Automation 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 Afeco Heating and Automation is 27AAFCA3248L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Afeco Heating and Automation is U27320PN2004PTC018814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afeco Heating and Automation has 3 court cases on record: 3 filed against it. Most are in the district courts.
Afeco Heating and Automation was incorporated on 22 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
Pranita Prakash Maladkar ceased to be Additional Director on 30 Sep 2017. Girish Bhimrao Patil ceased to be Director on 21 Mar 2017. Pranita Prakash Maladkar was appointed as Director on 21 Mar 2017. Afeco Heating and Automation has 4 board changes on record in total.
Yes, Afeco Heating and Automation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-15-0056535).
The registered office of Afeco Heating and Automation is at Plot No. A 2322 Five Star MIDC Kagal – Hatkanangale Kagal Kolhapur., Maharashtra, India – 416203.