MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0053472
Shalimar Valves Pvt Ltd - machinery and equipment in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.52 Cr
▲ 79% YoY
Net profit · FY 2025
₹1.08 Cr
Net margin 2.5%
EBITDA · FY 2025
₹3.01 Cr
EBITDA margin 6.9%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹24.71 Cr
Satisfied ₹1.28 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
78
Provident fund records
About Shalimar Valves Pvt Ltd
Data last updated:
Shalimar Valves Pvt Ltd is a private limited company based in Thane, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 17 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1992PTC069592. Its GSTIN is 27AABCS5854L1ZW (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Mayur Gururaj Yenagudde (Managing Director) and Manhar Gururaj Bhat.
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 Plot No. R 846 MIDC Rebale Thane, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.52 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Cr (net margin 2.5%) and EBITDA of ₹3.01 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 3% over five years.
The company has about 78 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Shalimar Valves. As per MCA filings, the company has open charges of ₹24.71 Cr and satisfied charges of ₹1.28 Cr on record. Court records list 25 cases involving the company, including 5 filed by the company and 20 filed against it; 4 cases are pending.
Shalimar Valves Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0053472). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shalimarvalves.com.
Company details
CIN U28920MH1992PTC069592
Registration Number 069592
Incorporation Date 17 November 1992
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 Small
Udyam Registration UDYAM-MH-33-0053472
Recognitions & Rankings of Shalimar Valves
Contact details
Shalimar Valves Pvt Ltd's registered office is in Thane, Maharashtra. Its website is shalimarvalves.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. R 846 MIDC Rebale Thane, Maharashtra, India – 400701
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Shalimar Valves Pvt Ltd, buy the company report.
Comprehensive company report
Shalimar Valves Pvt Ltd - 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
Shalimar Valves operates one associated brand: Shalimar Valves. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality industrial valves for various applications. | shalimarvalves.com |
Business activity
The main business activity of Shalimar Valves is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shalimar Valves Pvt Ltd, buy the company report.
Financials of Shalimar Valves Pvt Ltd
FY 2025 filings availableShalimar Valves Pvt Ltd reported revenue of ₹43.52 Cr (up 79% YoY) for FY 2025.
Revenue · FY 2025
₹43.52 Cr ▲ 79%
Net profit · FY 2025
₹1.08 Cr margin 2.5%
EBITDA · FY 2025
₹3.01 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 19%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 19%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 79% growth in the latest year. EBITDA rose 48% 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 | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.08 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Shalimar Valves Pvt Ltd, buy the company report.
Board of directors of Shalimar Valves Pvt Ltd
Shalimar Valves 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 |
|---|---|---|---|---|
| Manhar Gururaj Bhat | Director | 05 Mar 2005 | 21 Years 7 Months | Current |
| Mayur Gururaj Yenagudde Also directs: Ahi Hotels and Resorts Private Limited, Aqua Alloys Pvt Ltd | Managing Director | 06 Dec 2008 | 17 Years 10 Months | Current |
Auditor
Shalimar Valves Pvt Ltd is audited by GMJ & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMJ & CO | FY 2022 | 103429W |
Shareholding
The shareholding of Shalimar Valves Pvt Ltd 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 Shalimar Valves Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹24.71 Cr
Satisfied charges
₹1.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2024 | 101020614 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 30 Aug 2021 | 100476091 | Others | ₹10 Cr | Open | |
| 16 Jun 2021 | 100455501 | Canara Bank | ₹2.2 Cr | Open | |
| 18 Apr 2003 | 90158164 | Canara Bank | ₹37.5 Lakh | Open | |
| 21 Jun 1996 | 90159540 | Canara Bank | ₹10 Lakh | Open |
To see the full charge records of Shalimar Valves Pvt Ltd, buy the company report.
Total charge records: 13 View all charges
Legal cases
Shalimar Valves Pvt Ltd has 25 court cases on record: 5 filed by Shalimar Valves, 20 filed against it. 4 cases are pending and 21 are disposed.
Total cases
25
Filed by the company
5
Filed against the company
20
Pending
4
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 12 | 3 |
| High courts | 9 | 8 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by M/S S.B/ Valves (India) Pvt. Ltd., R/By Basavaraj S/O Narayanappa Sarangi | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by M/S S B Valves India Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S. S.B.Valves (India) Private Limited | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by M/S S.B/ Valves (India) Pvt. Ltd., R/By Basavaraj S/O Narayanappa Sarangi | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Shalimar Valves Pvt Ltd, 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
Shalimar Valves Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 43 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jagdish Technocast Private Limited | |||
| Globetech Castings Private Limited | |||
| an individual supplier | |||
| Sai Sakthi Gaskets Private Limited | |||
| Jsons Foundry Private Limited |
To see the full MSME payment records of Shalimar Valves Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shalimar Valves has 1 subsidiary company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Valchem Engineers (Pangal) Private Limited | U72900MH1988PTC048803 |
To see the full group structure of Shalimar Valves Pvt Ltd, buy the company report.
Employees & EPFO
Shalimar Valves Pvt Ltd has a workforce of 78 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
78
Active EPFO establishments
1
Employee growth
6.85%
GST
Shalimar Valves has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS5854L1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AABCS5854L2ZV | Maharashtra | Active | 28 Mar 2025 |
| 29AABCS5854L1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shalimar Valves Pvt Ltd, buy the company report.
Recent activity
Shalimar Valves Pvt Ltd has 6 board changes on record since 1992: 4 appointments and 2 cessations. The latest: Chellappan Narayana Pillai ceased to be Director on 18 Aug 2018.
AGM
Shalimar Valves Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 400.00 Lakh registered on 25 Nov 2024 with Charge ID 101020614 was modified on 22 Jul 2025.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 30 Aug 2021 with Charge ID 100476091 was modified on 26 Jun 2025.
Filing
Shalimar Valves Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 101020614 was registered on 25 Nov 2024.
Charges
A charge with Canara Bank of Rs. 700.00 Lakh registered on 17 Sep 1994 with Charge ID 90155970 was modified on 21 Feb 2023.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100476091 was registered on 30 Aug 2021.
Charges
A charge registered on 29 Nov 2000 via Charge ID 90159026 with The Bharat Co-Operative Bank Limited was fully satisfied on 12 Jul 2021.
Charges
A charge registered on 24 Feb 1999 via Charge ID 90159783 with The Bharat Co-Operative Bank Limited was fully satisfied on 12 Jul 2021.
Charges
A charge registered on 08 Apr 1994 via Charge ID 90155922 with The Bharat Co-Operative Bank Limited was fully satisfied on 12 Jul 2021.
Charges
A charge registered on 06 Jan 1993 via Charge ID 90154929 with The Bharat Co-Operative Bank Limited was fully satisfied on 12 Jul 2021.
Charges
A charge with Canara Bank amounted to Rs. 220.00 Lakh with Charge ID 100455501 was registered on 16 Jun 2021.
20 earlier events are in the company report.
Frequently asked questions
Shalimar Valves is an active private limited company based in Thane, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 17 November 1992 (34+ years old) and is registered under CIN U28920MH1992PTC069592.
Shalimar Valves has 2 current directors:
- Mayur Gururaj Yenagudde - Managing Director
- Manhar Gururaj Bhat - Director
The latest financial statements of Shalimar Valves 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 Shalimar Valves is 27AABCS5854L1ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AABCS5854L2ZV (Maharashtra), 29AABCS5854L1ZS (Karnataka).
The CIN (Corporate Identification Number) of Shalimar Valves is U28920MH1992PTC069592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalimar Valves has 25 court cases on record: 5 filed by the company and 20 filed against it. 4 are pending. Most are in the district courts.
Shalimar Valves was incorporated on 17 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Chellappan Narayana Pillai ceased to be Director on 18 Aug 2018. Gururaj Yenagudde ceased to be Managing Director on 18 Aug 2018. Mayur Gururaj Yenagudde was appointed as Managing Director on 06 Dec 2008. Shalimar Valves has 6 board changes on record in total.
Yes, Shalimar Valves is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0053472).
Shalimar Valves has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 43 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 May 2019.
Shalimar Valves can be reached through the website shalimarvalves.com. Its registered office is in Thane, Maharashtra, India.
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