- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0052619

About Noel Engineering Private Limited
Data last updated:
Noel Engineering Private Limited is a private limited company based in Ambernath, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 31 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29130MH2006PTC163379. Its GSTIN is 27AAFCA8390P1ZX (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Aditya Springs Speciality Private Limited. It is led by directors Rochelle Sachin Serrao and Sachin Dominic Serrao.
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 A – 96 Additional MIDC Anand Nagar Ambernath East, Maharashtra, India – 421506.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.68 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹41.28 Lakh (net margin 8.8%) and EBITDA of ₹91.98 Lakh (EBITDA margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹5.68 Cr and satisfied charges of ₹2.48 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
Noel Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0052619). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website noelgroup.in.
Company details
Recognitions & Rankings of Noel Engineering
Contact details
Noel Engineering Private Limited's registered office is in Ambernath, Maharashtra. Its website is noelgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 96 Additional MIDC Anand Nagar Ambernath East, Maharashtra, India – 421506
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Noel 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 Noel Engineering is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Noel Engineering Private Limited, buy the company report.
Financials of Noel Engineering Private Limited
FY 2024 filings availableNoel Engineering Private Limited reported revenue of ₹4.68 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹91.98 Lakh | ||||
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| Net Profit (PAT) | ₹41.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.6% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Noel Engineering Private Limited, buy the company report.
Board of directors of Noel Engineering Private Limited
Noel Engineering has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rochelle Sachin Serrao | Director | 24 Feb 2021 | 5 Years 8 Months | Current |
| Sachin Dominic Serrao | Director | 15 Apr 2007 | 19 Years 6 Months | Current |
Auditor
Noel Engineering Private Limited is audited by Raykundaliya & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raykundaliya & Associates | FY 2023 | 111148 |
Shareholding
The shareholding of Noel Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Noel Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2022 | 100663530 | Others | ₹1.25 Cr | Open | |
| 06 Jan 2022 | 100529699 | Others | ₹60 Lakh | Open | |
| 31 Mar 2021 | 100439801 | Others | ₹35.68 Lakh | Open | |
| 19 Dec 2018 | 100228998 | Others | ₹50 Lakh | Open | |
| 13 Apr 2018 | 100204274 | Others | ₹22 Lakh | Open |
To see the full charge records of Noel Engineering Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Noel Engineering Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Ms Sew Facility Management Pvt Ltd Through Uday Dhaku Sutar | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S Isan Exim Plasto Tech Pvt Ltd Through Its Director Shripal Semlani | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Madhav Electro Systems | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S Isan Exim Plasto Tech Pvt Ltd Through Its Director Shripal Semlani | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by M/S. Bharat Aluminium Industries Concern of Mr. Bharat Nathmal Jain | Disposed |
To see the full case history of Noel 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
Noel Engineering Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 40 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Kusum Engineering Works | |||
| Central Electricals and Electronics Private Limited | |||
| Nippen Electricals Instuments Co | |||
| an individual supplier |
To see the full MSME payment records of Noel Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Noel Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA8390P1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Noel Engineering Private Limited, buy the company report.
Recent activity
Noel Engineering Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Nicholas Balthuzar Serrao ceased to be Director on 25 Feb 2022.
15 earlier events are in the company report.
Frequently asked questions
Noel Engineering is an active private limited company based in Ambernath, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 31 July 2006 (20+ years old) and is registered under CIN U29130MH2006PTC163379.
Noel Engineering has 2 current directors:
- Rochelle Sachin Serrao - Director
- Sachin Dominic Serrao - Director
The latest financial statements of Noel Engineering 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 Noel Engineering is 27AAFCA8390P1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Noel Engineering is U29130MH2006PTC163379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noel Engineering has 5 court cases on record: 5 filed against it. 3 are pending.
Noel Engineering was incorporated on 31 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Nicholas Balthuzar Serrao ceased to be Director on 25 Feb 2022. Rochelle Sachin Serrao was appointed as Director on 24 Feb 2021. Mewalal Jagdev Kurmi ceased to be Director on 07 Aug 2009. Noel Engineering has 8 board changes on record in total.
Yes, Noel Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0052619).
Noel Engineering has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 40 overdue payments to 6 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Noel Engineering can be reached through the website noelgroup.in. Its registered office is in Ambernath, Maharashtra, India.

