- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0058934

Multitrack Engineering Private Limited
About Multitrack Engineering Private Limited
Data last updated:
Multitrack Engineering Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 June 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1975PTC002805. Its GSTIN is 29AABCM3809R1ZV (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹28.91 Lakh. It was formerly known as Multi Castings Private Limited. It is led by directors Ravi Kumar Karunakaran and Ambadi Sreedevi.
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 No.10 B 2nd Phase Peenyaindustrial Area Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.74 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹8.18 Lakh (net margin 3%) and EBITDA of ₹39.11 Lakh (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹21.11 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Multitrack Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0058934). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Multitrack Engineering
Contact details
Multitrack Engineering Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.10 B 2nd Phase Peenyaindustrial Area Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Multitrack 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 Multitrack Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Multitrack Engineering Private Limited, buy the company report.
Financials of Multitrack Engineering Private Limited
FY 2025 filings availableMultitrack Engineering Private Limited reported revenue of ₹2.74 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 4% growth in the latest year. EBITDA fell 65% 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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| EBITDA | ₹39.11 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹8.18 Lakh | ||||
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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 | 14.3% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Multitrack Engineering Private Limited, buy the company report.
Board of directors of Multitrack Engineering Private Limited
Multitrack Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar Karunakaran Also directs: Tugkraft Equipment Private Limited, Loadstar Equipment Limited, Uniwave Engineers LLP and 1 more | Director | 30 Mar 1996 | 30 Years 6 Months | Current |
| Ambadi Sreedevi Also directs: Tugkraft Equipment Private Limited, Loadstar Equipment Limited | Director | 30 Mar 1998 | 28 Years 6 Months | Current |
Auditor
Multitrack Engineering Private Limited is audited by Ashok Kumar Prabhashankar & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Kumar Prabhashankar & Co. | FY 2022 | 004982S |
Shareholding
The shareholding of Multitrack Engineering Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Multitrack Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2007 | 10044719 | State Bank of India | ₹9.93 Cr | Open | |
| 28 Apr 2000 | 90372503 | State Bank of India | ₹9.25 Cr | Open | |
| 25 Jul 1999 | 90372601 | Syndicate Bank | ₹4 Lakh | Open | |
| 28 Nov 1994 | 90372595 | Karnataka State Financial Corporation | ₹14 Lakh | Open | |
| 12 Aug 1994 | 90372594 | Karnataka State Financial Corporation | ₹21.75 Lakh | Open |
To see the full charge records of Multitrack Engineering Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Multitrack Engineering Private Limited has 2 court cases on record: 2 filed by Multitrack Engineering. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Cargotec India Pvt.Ltd. | Disposed |
| High Court of Karnataka | Revision petition | Filed by the company against Cargotec India Pvt Ltd | Disposed |
To see the full case history of Multitrack 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
Multitrack Engineering Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 68 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 | |||
| an individual supplier | |||
| Vignesh Engineering | |||
| Apollo Power Systems Pvt. Ltd. | |||
| Aries Powder Coaters |
To see the full MSME payment records of Multitrack Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Multitrack Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM3809R1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multitrack Engineering Private Limited, buy the company report.
Recent activity
Multitrack Engineering Private Limited has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Sheelavathy Karunakaran ceased to be Director on 18 Aug 2022.
14 earlier events are in the company report.
Frequently asked questions
Multitrack Engineering is an active private limited company based in Bangalore, Karnataka, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 11 June 1975 (51+ years old) and is registered under CIN U31909KA1975PTC002805.
Multitrack Engineering has 2 current directors:
- Ravi Kumar Karunakaran - Director
- Ambadi Sreedevi - Director
The latest financial statements of Multitrack 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 Multitrack Engineering is 29AABCM3809R1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Multitrack Engineering is U31909KA1975PTC002805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multitrack Engineering has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Multitrack Engineering was incorporated on 11 June 1975, making it 51+ years old. It is registered with the Registrar of Companies, Bangalore.
Sheelavathy Karunakaran ceased to be Director on 18 Aug 2022. Ravi Kumar Karunakaran ceased to be Director on 30 Jan 2008. Ambadi Sreedevi was appointed as Director on 30 Mar 1998. Multitrack Engineering has 4 board changes on record in total.
Yes, Multitrack Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0058934).
Multitrack Engineering has 9 MSME Form 1 returns on record between 2019 and 2022, listing 68 overdue payments to 6 micro and small suppliers. The latest return was filed on 26 Oct 2022.
The registered office of Multitrack Engineering is at No.10 B 2nd Phase Peenyaindustrial Area Bangalore, Karnataka, India – 560058.