MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-24-0001984
Naetek Ferrocastings Private Limited - manufacturing in Shimoga, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹44.29 Cr
▼ 6% YoY
Net loss · FY 2025
₹32.27 Lakh
Net margin -0.7%
EBITDA · FY 2025
₹2.65 Cr
EBITDA margin 6%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹5.75 Cr
Issued & subscribed
Open charges
₹19.69 Cr
Satisfied ₹4.29 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
132
Provident fund records
About Naetek Ferrocastings Private Limited
Data last updated:
Naetek Ferrocastings Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 13 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27101KA2005PTC037451. Its GSTIN is 29AACCN2754M1Z1 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5.75 Cr. It is led by directors including Kengatte Maheshappa (Managing Director) and Bhadrasetty Ganesha.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #31 Efg Shimoga – Bhadravathi Industrial Area Machenahalli Nidige Post, Karnataka, India – 577222.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.29 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹32.27 Lakh (net margin -0.7%) and EBITDA of ₹2.65 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
The company has about 132 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.69 Cr and satisfied charges of ₹4.29 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Naetek Ferrocastings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0001984). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naetek.com.
Company details
CIN U27101KA2005PTC037451
Registration Number 037451
Incorporation Date 13 October 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-24-0001984
Key People
Kengatte Maheshappa Managing Director Bhadrasetty Ganesha Director Bananda Ramakrishna Satish Director Recognitions & Rankings of Naetek Ferrocastings
Contact details
Naetek Ferrocastings Private Limited's registered office is in Shimoga, Karnataka. Its website is naetek.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#31 Efg Shimoga – Bhadravathi Industrial Area Machenahalli Nidige Post, Karnataka, India – 577222
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Naetek Ferrocastings Private Limited, buy the company report.
Comprehensive company report
Naetek Ferrocastings Private Limited - 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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Business activity
The main business activity of Naetek Ferrocastings 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 Naetek Ferrocastings Private Limited, buy the company report.
Financials of Naetek Ferrocastings Private Limited
FY 2025 filings availableNaetek Ferrocastings Private Limited reported revenue of ₹44.29 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹44.29 Cr ▼ 6%
Net loss · FY 2025
₹32.27 Lakh margin -0.7%
EBITDA · FY 2025
₹2.65 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 3%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 8%
5 years · compounded
▲ 3%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 46% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.27 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | -0.7% | ||||
| 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 Naetek Ferrocastings Private Limited, buy the company report.
Board of directors of Naetek Ferrocastings Private Limited
Naetek Ferrocastings has 11 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhadrasetty Ganesha Also directs: Sai Krupa Spherocast Private Limited | Director | 05 Dec 2005 | 20 Years 11 Months | Current |
| Bananda Ramakrishna Satish | Director | 05 Dec 2005 | 20 Years 11 Months | Current |
| Moodbagilu Basappa Mallikarjuna | Director | 05 Dec 2005 | 20 Years 11 Months | Current |
| Chaitra Shanthappanavara Rudregowda Also directs: Lab4life Bio Research Private Limited | Director | 21 Jul 2006 | 20 Years 3 Months | Current |
| Doddamane Basavana Gowda Prasanna | Director | 21 Jul 2006 | 20 Years 3 Months | Current |
| Kengatte Maheshappa | Managing Director | 21 Jul 2006 | 20 Years 3 Months | Current |
Showing 6 of 11 current directors. View all directors
Peer comparison
Naetek Ferrocastings Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Hindusthan Malleables & Forgings Limited | ₹45.04 Cr (FY 2025) | -9.0% | Jharkhand, India | |||
| Creative Castings Limited | ₹44.63 Cr (FY 2025) | -16.0% | Junagadh, Gujarat, India | |||
| Big Castings Private Limited | ₹44.44 Cr (FY 2024) | 10.0% | Belgaum, Karnataka, India | |||
| Barani Ferrocast Private Limited | ₹44.3 Cr (FY 2025) | -13.0% | Coimbatore, Tamil Nadu, India | |||
| Naetek Ferrocastings Private Limitedthis company | ₹44.29 Cr (FY 2025) | -₹32.27 Lakh | -0.7% | -6.0% | 132 | Shimoga, Karnataka, India |
| Hark Industries Private Limited | ₹44.26 Cr (FY 2025) | 2.0% | Raniganj, West Bengal, India | |||
| Vrinda Bihari Ji Alloys Private Limited | ₹44.17 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Sumangal Castings Private Limited | ₹44.17 Cr (FY 2024) | -15.0% | Rajkot, Gujarat, India | |||
| Prajapati Foundry Private Limited | ₹43.83 Cr (FY 2025) | 0.0% | Thane, Maharashtra, India |
To see the full peer comparison of Naetek Ferrocastings Private Limited, buy the company report.
Auditor
Naetek Ferrocastings Private Limited is audited by NADAHALLIRAMACHANDRA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NADAHALLIRAMACHANDRA | FY 2023 | 014030 |
Shareholding
The shareholding of Naetek Ferrocastings 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 Naetek Ferrocastings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.69 Cr
Satisfied charges
₹4.29 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101194883 | Canara Bank | ₹1.5 Cr | Open | |
| 23 Aug 2025 | 101143267 | Sidbi | ₹1.65 Cr | Open | |
| 05 Mar 2024 | 100884520 | Canara Bank | ₹7.4 Cr | Open | |
| 22 Dec 2022 | 100668112 | Canara Bank | ₹17.5 Lakh | Open | |
| 30 Aug 2022 | 100603226 | Canara Bank | ₹17.5 Lakh | Open |
To see the full charge records of Naetek Ferrocastings Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Naetek Ferrocastings Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Perfect Alloys Components (P) Ltd | Disposed |
| District court, SHIVAMOGGA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Naetek Ferrocastings 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
Naetek Ferrocastings Private Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 899 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vinayaka Engineering Services | |||
| Seapac Systems | |||
| Om Impex | |||
| an individual supplier |
To see the full MSME payment records of Naetek Ferrocastings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Naetek Ferrocastings Private Limited has a workforce of 132 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
132
Active EPFO establishments
1
Employee growth
-8.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 132 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Naetek Ferrocastings Private Limited, buy the company report.
GST
Naetek Ferrocastings has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN2754M1Z1 | Karnataka | Active | 01 Jul 2017 |
| 29AACCN2754M1DA | Karnataka | Active | 06 Nov 2024 |
To see the full GST registrations and return filing status of Naetek Ferrocastings Private Limited, buy the company report.
Recent activity
Naetek Ferrocastings Private Limited has 17 board changes on record since 2005: 11 appointments and 6 cessations. The latest: Kengatte Maheshappa ceased to be Director on 31 Mar 2023.
Charges
A charge registered on 23 Aug 2021 via Charge ID 100472943 with Canara Bank was fully satisfied on 25 Dec 2025.
Charges
A charge with Canara Bank amounted to Rs. 1.50 Cr with Charge ID 101194883 was registered on 24 Oct 2025.
Charges
A charge with Sidbi amounted to Rs. 1.65 Cr with Charge ID 101143267 was registered on 23 Aug 2025.
AGM
Naetek Ferrocastings Private Limited last Annual general meeting of members was held on 18 Aug 2025 as per latest MCA records.
Filing
Naetek Ferrocastings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank of Rs. 7.00 Cr registered on 03 Nov 2006 with Charge ID 10025107 was modified on 16 Aug 2024.
Charges
A charge registered on 30 Jun 2020 via Charge ID 100347383 with Canara Bank was fully satisfied on 03 Jul 2024.
Charges
A charge with Canara Bank amounted to Rs. 7.40 Cr with Charge ID 100884520 was registered on 05 Mar 2024.
Ceased
Kengatte Maheshappa ceased to be Director.
Ceased
Suresh Manakkamane Nanamaya ceased to be Managing Director.
Charges
A charge with Canara Bank amounted to Rs. 0.18 Cr with Charge ID 100668112 was registered on 22 Dec 2022.
Charges
A charge registered on 30 Nov 2017 via Charge ID 100156089 with Canara Bank was fully satisfied on 17 Dec 2022.
33 earlier events are in the company report.
Frequently asked questions
Naetek Ferrocastings is an active private limited company based in Shimoga, Karnataka, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 13 October 2005 (21+ years old) and is registered under CIN U27101KA2005PTC037451.
Naetek Ferrocastings has 11 current directors:
- Kengatte Maheshappa - Managing Director
- Bhadrasetty Ganesha - Director
- Bananda Ramakrishna Satish - Director
- Moodbagilu Basappa Mallikarjuna - Director
- Chaitra Shanthappanavara Rudregowda - Director
- Doddamane Basavana Gowda Prasanna - Director
- Somashekara Cikklappar Rudrappa - Director
- Praveenkumar Madal Virupakshappa - Director
- Huchappla Shivalingappa Shivaraja - Director
- Seema Shivalingappa Huchapla - Director
- Suresh Manakkamane Nanamaya - Director
The latest financial statements of Naetek Ferrocastings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Naetek Ferrocastings is 29AACCN2754M1Z1, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCN2754M1DA (Karnataka).
The CIN (Corporate Identification Number) of Naetek Ferrocastings is U27101KA2005PTC037451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naetek Ferrocastings has 2 court cases on record: 2 filed against it. Most are in the district courts.
Naetek Ferrocastings was incorporated on 13 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Naetek Ferrocastings by revenue are Hindusthan Malleables & Forgings Limited, Creative Castings Limited, Big Castings Private Limited, Barani Ferrocast Private Limited, Hark Industries Private Limited and 3 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Kengatte Maheshappa ceased to be Director on 31 Mar 2023. Suresh Manakkamane Nanamaya ceased to be Managing Director on 31 Mar 2023. Seema Shivalingappa Huchapla ceased to be Additional Director on 20 Sep 2020. Naetek Ferrocastings has 17 board changes on record in total.
Yes, Naetek Ferrocastings is registered as a small enterprise under Udyam registration (number: UDYAM-KR-24-0001984).
Naetek Ferrocastings has 7 MSME Form 1 returns on record between 2022 and 2023, listing 899 overdue payments to 4 micro and small suppliers. The latest return was filed on 18 Jan 2024.
Naetek Ferrocastings can be reached through the website naetek.com. Its registered office is in Shimoga, Karnataka, India.
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