About Vanaz Engineers Limited
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Vanaz Engineers Limited is a public limited company based in Pune, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 17 January 1949 and has been in existence for over 77 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN1949PLC006866. Its GSTIN is 27AAACV6873B1ZA (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.09 Cr. It was formerly known as Vanaz Engineers Private Limited. It is led by directors including Milind Sambhaji Khandekar (Managing Director) and Nitin Vyankatesh Kulkarni (Whole-Time Director).
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 85/1 Paud Road, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2025, the company reported a revenue of ₹372.1 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹58.32 Cr (net margin 15.7%) and EBITDA of ₹80.34 Cr (EBITDA margin 21.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 10% over five years.
The company has about 286 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vanaz Engineers. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹28.51 Cr on record. Court records list 82 cases involving the company, including 42 filed by the company and 40 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vanaz.com.
Company details
CIN history
Vanaz Engineers has one previous CIN (Corporate Identification Number): U29299MH1949PLC006866. The current CIN is U29299PN1949PLC006866, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299PN1949PLC006866 | Current |
| U29299MH1949PLC006866 | Previous |
Contact details
Vanaz Engineers Limited's registered office is in Pune, Maharashtra. Its website is vanaz.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address85/1 Paud Road, Pune, Maharashtra, India – 411038
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Vanaz Engineers 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
Brands
Vanaz Engineers operates one associated brand: Vanaz Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial tools, gas handling equipment, and auto components by Vanaz Engineers. | vanaz.com |
Business activity
The main business activities of Vanaz Engineers are manufacturing, electricity, gas, steam and air condition supply and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, electric power generation, transmission and distribution and wholesale trading. 3 activity segments are registered with the MCA.
| 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 | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Vanaz Engineers Limited, buy the company report.
Financials of Vanaz Engineers Limited
FY 2025 filings availableVanaz Engineers Limited reported revenue of ₹372.1 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 15% growth in the latest year. EBITDA rose 3% 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 |
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| Total Expenses | |||||
| EBITDA | ₹80.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.32 Cr | ||||
| Balance Sheet | |||||
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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 | 21.6% | ||||
| Net Profit Margin | 15.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vanaz Engineers Limited, buy the company report.
Board of directors of Vanaz Engineers Limited
Vanaz Engineers has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Sambhaji Khandekar | Managing Director | 06 May 2007 | 19 Years 5 Months | Current |
| Nitin Vyankatesh Kulkarni Also directs: Astron Valves LLP, Astron Engineers (India) LLP, Astron Valvetech Private Limited and 1 more | Whole-Time Director | 19 Aug 1995 | 31 Years 2 Months | Current |
| Sharmila Abhay Karve Also directs: Thomas Cook (India) Limited, CSB Bank Limited, Aadhar Housing Finance Limited and 4 more | Director | 08 Feb 2020 | 6 Years 8 Months | Current |
| Shriram Ganesh Bhalerao Also directs: Velcon Reality LLP, Global Foods and Allied Products Private Limited, Nirmal Healthcare Products Private Limited and 5 more | Director | 15 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Vanaz Engineers Limited is audited by YERAVDEKAR & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YERAVDEKAR & ASSOCIATES | FY 2024 | 133673W |
Shareholding
The shareholding of Vanaz Engineers Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vanaz Engineers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2000 | 90088321 | The Saraswat Co-Operative Bank Limited | ₹1.5 Cr | Open | |
| 26 Jun 2015 | 10581599 | Saraswat Co-Operative Bank Ltd. | ₹5 Cr | Satisfied | |
| 03 Oct 2011 | 10311637 | The Saraswat Co-Operative Bank Limited | ₹3.25 Cr | Satisfied | |
| 09 Oct 2008 | 10131386 | The Saraswat Co - Operative Bank Limited | ₹4 Lakh | Satisfied | |
| 21 Apr 2008 | 10102475 | The Saraswat Co - Operative Bank Limited | ₹1.77 Cr | Satisfied |
To see the full charge records of Vanaz Engineers Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Vanaz Engineers Limited has 82 court cases on record: 42 filed by Vanaz Engineers, 40 filed against it. 10 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 45 | 21 | 5 |
| District courts | 32 | 15 | 4 |
| Supreme Court | 4 | 4 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2901-Labour and Industrial Laws : Appointment, retrenchment, termination, dismissal, removal, disciplinary proceedings against labour/workmen) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Medhurst Compressed Air Technologies Private Limited | Pending |
| District court, Satara, Maharashtra | Civil suit | Filed by the company against Ms.Sarjan Realities Ltd 14 and 136 others | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by M/S Arudyog Engineers P.Ltd. Thr.M.D. | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by Arudyog Engineers Pvt.Ltd. | Disposed |
To see the full case history of Vanaz Engineers 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
Vanaz Engineers Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 3,441 overdue payments to 126 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 126)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tulsi Hydraulics | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Vanaz Engineers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vanaz Engineers Limited has a workforce of 286 employees on its EPFO records as of Jan 20, 2025, across 2 active EPFO establishments.
GST
Vanaz Engineers has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV6873B1ZA | Maharashtra | Active | 01 Jul 2017 |
| 27AAACV6873B1DJ | Maharashtra | Active | 21 Nov 2024 |
| 05AAACV6873B1ZG | Uttarakhand | Active | 22 Nov 2024 |
To see the full GST registrations and return filing status of Vanaz Engineers Limited, buy the company report.
Recent activity
Vanaz Engineers Limited has 12 board changes on record since 1995: 4 appointments and 8 cessations. The latest: Sharmila Abhay Karve ceased to be Additional Director on 06 Nov 2020.
37 earlier events are in the company report.
Frequently asked questions
Vanaz Engineers is an active public limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 17 January 1949 (77+ years old) and is registered under CIN U29299PN1949PLC006866.
Vanaz Engineers has 4 current directors:
- Milind Sambhaji Khandekar - Managing Director
- Nitin Vyankatesh Kulkarni - Whole-Time Director
- Sharmila Abhay Karve - Director
- Shriram Ganesh Bhalerao - Director
The latest financial statements of Vanaz Engineers 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 Vanaz Engineers is 27AAACV6873B1ZA, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACV6873B1DJ (Maharashtra), 05AAACV6873B1ZG (Uttarakhand).
The CIN (Corporate Identification Number) of Vanaz Engineers is U29299PN1949PLC006866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vanaz Engineers has 82 court cases on record: 42 filed by the company and 40 filed against it. 10 are pending. Most are in the high courts.
Vanaz Engineers was incorporated on 17 January 1949, making it 77+ years old. It is registered with the Registrar of Companies, Pune.
Sharmila Abhay Karve ceased to be Additional Director on 06 Nov 2020. Sharmila Abhay Karve was appointed as Director on 08 Feb 2020. Natarajan Seshagiri ceased to be Director on 12 Oct 2019. Vanaz Engineers has 12 board changes on record in total.
Vanaz Engineers has 14 MSME Form 1 returns on record between 2019 and 2024, listing 3,441 overdue payments to 126 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Vanaz Engineers can be reached through the website vanaz.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Vanaz Engineers is at 851 Paud Road, Pune, Maharashtra, India – 411038.
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