- Udyam number
- UDYAM-MH-26-0170512

About Kirtanlal Engineering Private Limited
Data last updated:
Kirtanlal Engineering Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Kirtanlal Steel Private Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 02 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2006PTC021948. Its GSTIN is 27AAJCS8026N1ZQ (Maharashtra).
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.5 Cr. It was formerly known as Sankalp Forgings Private Limited. It is led by directors including Vijay Vitthalrao Deogaonkar (Whole-Time Director) and Jiten Kirtanlal Shah.
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 Gat No. 1093/1 & 1093/2 Chakan Shikrapur Road Village Karandi Tal: Shirur, Pune, Maharashtra, India – 412208.
As per the financials filed for FY 2025, the company reported a revenue of ₹115.61 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹58.13 Lakh (net margin 0.5%) and EBITDA of ₹4.66 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 40% over five years.
The company has about 226 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹300.6 Cr on record. Court records list 71 cases involving the company, including 35 filed by the company and 36 filed against it; 7 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in April 2007. Its 5 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 1 smaller; the largest is Profive Engineering Private Limited with revenue of ₹117.3 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2023, listing 95 overdue payments to 24 micro and small suppliers.
Kirtanlal Engineering Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0170512). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sankalpenggservices.com.
Company details
Name history
Kirtanlal Engineering has undergone 2 name changes throughout its history. The company was previously known as Sankalp Forgings Private Limited, and Kirtanlal Engineering Private Limited. The current legal name is Kirtanlal Engineering Private Limited.
| Company Name | Status |
|---|---|
| Kirtanlal Engineering Private Limited | Current |
| Sankalp Forgings Private Limited | Previous |
Recognitions & Rankings of Kirtanlal Engineering
Contact details
Kirtanlal Engineering Private Limited's registered office is in Pune, Maharashtra. Its website is sankalpenggservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No. 1093/1 & 1093/2 Chakan Shikrapur Road Village Karandi Tal: Shirur, Pune, Maharashtra, India – 412208
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Kirtanlal 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 Kirtanlal 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 |
To see the full business activity and turnover split of Kirtanlal Engineering Private Limited, buy the company report.
Financials of Kirtanlal Engineering Private Limited
FY 2025 filings availableKirtanlal Engineering Private Limited reported revenue of ₹115.61 Cr (up 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 64% growth in the latest year. EBITDA rose 42% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹115.61 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.13 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Kirtanlal Engineering Private Limited, buy the company report.
Board of directors of Kirtanlal Engineering Private Limited
Kirtanlal Engineering has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jiten Kirtanlal Shah | Director | 01 Oct 2022 | 4 Years 0 Months | Current |
| Vijay Vitthalrao Deogaonkar | Whole-Time Director | 05 Aug 2020 | 6 Years 2 Months | Current |
| Manish Nalinkant Vyas | Director | 02 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Kirtanlal Engineering Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Profive Engineering Private Limited | ₹117.3 Cr (FY 2025) | 12.0% | Pune, Maharashtra, India | |||
| Trinity India Forgetech Private Limited | ₹116.38 Cr (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| Tirupati Forge Limited | ₹116.3 Cr (FY 2025) | 5.0% | Hadamtala, Gujarat, India | |||
| CS Components Private Limited | ₹115.68 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Kirtanlal Engineering Private Limitedthis company | ₹115.61 Cr (FY 2025) | ₹58.13 Lakh | 0.5% | 64.0% | 226 | Pune, Maharashtra, India |
| Saketh Sevvenstar Industries Limited | ₹115.25 Cr (FY 2024) | 99.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Kirtanlal Engineering Private Limited, buy the company report.
Auditor
Kirtanlal Engineering Private Limited is audited by S M L AND CO LLP (formerly 'Shaparia Mehta & Associates LLP') for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M L AND CO LLP (formerly 'Shaparia Mehta & Associates LLP') | FY 2025 | 112350W/ W-100051 |
Shareholding
The shareholding of Kirtanlal Engineering Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kirtanlal Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2024 | 100884903 | Others | ₹5 Cr | Open | |
| 24 Feb 2024 | 100884904 | Others | ₹5 Cr | Open | |
| 05 Nov 2012 | 10386904 | Intec Capital Limited | ₹53.58 Lakh | Satisfied | |
| 05 Nov 2012 | 10389193 | Intec Capital Limited | ₹88.56 Lakh | Satisfied | |
| 05 Nov 2012 | 10389988 | Intec Capital Limited | ₹2.08 Cr | Satisfied |
To see the full charge records of Kirtanlal Engineering Private Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Kirtanlal Engineering Private Limited has 1 deal on record (1 acquisition); the latest was in April 2007.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2007 | Acquisition | Undisclosed | Buyer: Innoventive Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kirtanlal Engineering Private Limited has 71 court cases on record: 35 filed by Kirtanlal Engineering, 36 filed against it. 7 cases are pending and 64 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 27 | 1 |
| High courts | 10 | 2 | 5 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Government of Maharashtra Through Collector, Pune | Pending |
| Supreme Court | Appeal | Filed against the company by Metamorphosis Trading LLP | Pending |
| High Court, MAHARASHTRA | Court case (ARA) | Filed against the company by Sovereign Tech Engineering Services Pvt Ltd. THR. Its Authorized Person Ramchandra Ankush Kadam | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Metamorphosis Trading LLP | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Metamorphosis Trading LLP | Disposed |
To see the full case history of Kirtanlal 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.
Credit ratings & regulatory alerts
Kirtanlal Engineering Private Limited was last rated by Icra on 27 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Nov 2020 |
To see the full credit ratings and regulatory alerts of Kirtanlal Engineering Private Limited, buy the company report.
MSME payment delays
Kirtanlal Engineering Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 95 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Phoenix Testing & Consultancy Services |
To see the full MSME payment records of Kirtanlal Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kirtanlal Engineering Private Limited has a workforce of 226 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Kirtanlal Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS8026N1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kirtanlal Engineering Private Limited, buy the company report.
Recent activity
Kirtanlal Engineering Private Limited has 12 board changes on record since 2013: 3 appointments and 9 cessations. The latest: Jiten Kirtanlal Shah ceased to be Additional Director on 29 Sep 2023.
48 earlier events are in the company report.
Frequently asked questions
Kirtanlal Engineering is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 02 February 2006 (20+ years old) and is registered under CIN U29299PN2006PTC021948.
Kirtanlal Engineering has 3 current directors:
- Vijay Vitthalrao Deogaonkar - Whole-Time Director
- Jiten Kirtanlal Shah - Director
- Manish Nalinkant Vyas - Director
The latest financial statements of Kirtanlal Engineering 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 2015 are in the company report.
The GSTIN of Kirtanlal Engineering is 27AAJCS8026N1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kirtanlal Engineering is U29299PN2006PTC021948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kirtanlal Engineering has 71 court cases on record: 35 filed by the company and 36 filed against it. 7 are pending. Most are in the district courts.
Kirtanlal Engineering was incorporated on 02 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Kirtanlal Engineering has 1 deal on record (1 acquisition); the latest was in April 2007.
The peers of Kirtanlal Engineering by revenue are Profive Engineering Private Limited, Trinity India Forgetech Private Limited, Tirupati Forge Limited, CS Components Private Limited, Saketh Sevvenstar Industries Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Jiten Kirtanlal Shah ceased to be Additional Director on 29 Sep 2023. Premprakash Radhe Shyam Roongta ceased to be Additional Director on 29 Sep 2023. Jiten Kirtanlal Shah was appointed as Director on 01 Oct 2022. Kirtanlal Engineering has 12 board changes on record in total.
Yes, Kirtanlal Engineering is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0170512).
Kirtanlal Engineering has 4 MSME Form 1 returns on record between 2019 and 2023, listing 95 overdue payments to 24 micro and small suppliers. The latest return was filed on 29 Aug 2023.