MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-01-0013615
Neat Wind Industries Limited - machinery and equipment in Ahmednagar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.24 Cr
▲ 29% YoY
Net loss · FY 2024
₹1.16 Cr
Net margin -2.4%
EBITDA · FY 2024
₹1.42 Cr
EBITDA margin 2.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.61 Cr
Issued & subscribed
Open charges
₹23.31 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
67
Provident fund records
About Neat Wind Industries Limited
Data last updated:
Neat Wind Industries Limited is a public limited company based in Ahmednagar, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28999PN2016PLC165925. Its GSTIN is 27AAFCN3220M1ZF (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.61 Cr. It is led by directors including Avinash Anant Bopardikar and Kanchan Suhas Mulay.
Its last annual general meeting (AGM) was held on 05 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. L – 121 MIDC Industrial Area, Ahmednagar, Maharashtra, India – 414111.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.24 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr (net margin -2.4%) and EBITDA of ₹1.42 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 18% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NeatWind. As per MCA filings, the company has open charges of ₹23.31 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending.
Neat Wind Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0013615). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neatwind.com.
Company details
CIN U28999PN2016PLC165925
Registration Number 165925
Incorporation Date 10 August 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-01-0013615
Key People
Avinash Anant Bopardikar Director Kanchan Suhas Mulay Director Milan Milind Gandhe Director Recognitions & Rankings of Neat Wind Industries
Contact details
Neat Wind Industries Limited's registered office is in Ahmednagar, Maharashtra. Its website is neatwind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. L – 121 MIDC Industrial Area, Ahmednagar, Maharashtra, India – 414111
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Neat Wind Industries Limited, buy the company report.
Comprehensive company report
Neat Wind Industries 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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Brands
Neat Wind Industries operates one associated brand: NeatWind. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Thermal processing equipment manufacturing and industrial services in India. | neatwind.com |
Business activity
The main business activity of Neat Wind Industries 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 Neat Wind Industries Limited, buy the company report.
Financials of Neat Wind Industries Limited
FY 2025 filings availableNeat Wind Industries Limited reported revenue of ₹48.24 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹48.24 Cr ▲ 29%
Net loss · FY 2024
₹1.16 Cr margin -2.4%
EBITDA · FY 2024
₹1.42 Cr margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 3%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 17%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 29% growth in the latest year. EBITDA fell 2% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.16 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | -2.4% | ||||
| 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 Neat Wind Industries Limited, buy the company report.
Board of directors of Neat Wind Industries Limited
Neat Wind Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Anant Bopardikar | Director | 10 Aug 2016 | 10 Years 3 Months | Current |
| Kanchan Suhas Mulay | Director | 20 May 2017 | 9 Years 5 Months | Current |
| Milan Milind Gandhe Also directs: Avi-Has Electricals Private Limited | Director | 13 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Neat Wind Industries Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Radix Arc Private Limited | ₹48.39 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Trues Steels Private Limited | ₹48.24 Cr (FY 2025) | 8.0% | Chandigarh, India | |||
| Neat Wind Industries Limitedthis company | ₹48.24 Cr (FY 2024) | -₹1.16 Cr | -2.4% | 29.0% | 67 | Ahmednagar, Maharashtra, India |
| Accura Weldrods Kovai Private Limited | ₹48.13 Cr (FY 2025) | 5.0% | Coimbatore, Tamil Nadu, India | |||
| Tecknoweld Alloys (India) Private Limited | ₹48.03 Cr (FY 2025) | -38.0% | Chennai, Tamil Nadu, India | |||
| Rd Forge Private Limited | ₹48.03 Cr (FY 2025) | 13.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Neat Wind Industries Limited, buy the company report.
Auditor
Neat Wind Industries Limited is audited by PRASAD R KULKARNI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD R KULKARNI & CO | FY 2023 | 123742W |
Shareholding
The shareholding of Neat Wind Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neat Wind Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹23.31 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2017 | 100150106 | Others | ₹23.31 Cr | Open |
To see the full charge records of Neat Wind Industries Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Neat Wind Industries Limited has 5 court cases on record: 2 filed by Neat Wind Industries, 3 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Court case (R.C.A.) | Filed against the company by Bank of Baroda | Pending |
| District court, Ahmednagar, Maharashtra | Court case (Spl .Dkst) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Ahmednagar, Maharashtra | Court case (Civil M.A.) | Filed against the company by Bank of Baroda THR. Branch Manager | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Neat Wind Industries 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
No delayed payments to MSME suppliers are on our record for Neat Wind Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neat Wind Industries Limited has a workforce of 67 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
8.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 67 |
| 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 Neat Wind Industries Limited, buy the company report.
GST
Neat Wind Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN3220M1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neat Wind Industries Limited, buy the company report.
Recent activity
Neat Wind Industries Limited has 7 board changes on record since 2016: 5 appointments and 2 cessations. The latest: Milan Milind Gandhe was appointed as Director on 13 Jan 2026.
Appointed
Milan Milind Gandhe was appointed as Director.
Ceased
Milind Balkrishna Gandhe ceased to be Director.
AGM
Neat Wind Industries Limited last Annual general meeting of members was held on 05 Oct 2025 as per latest MCA records.
Filing
Neat Wind Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 23.31 Cr registered on 12 Dec 2017 with Charge ID 100150106 was modified on 10 Jul 2024.
Charges
A charge with Others amounted to Rs. 23.31 Cr with Charge ID 100150106 was registered on 12 Dec 2017.
Appointed
Kanchan Suhas Mulay was appointed as Director.
Ceased
Suhas Bhaskar Mulay ceased to be Director.
Appointed
Avinash Anant Bopardikar was appointed as Director.
Appointed
Milind Balkrishna Gandhe was appointed as Director.
Appointed
Suhas Bhaskar Mulay was appointed as Director.
Incorporation
10 Aug 2016
Neat Wind Industries Limited was registered on 10 Aug 2016 with Roc Pune & aged 10 years 3 months as per MCA records.
Frequently asked questions
Neat Wind Industries is an active public limited company based in Ahmednagar, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 10 August 2016 (10+ years old) and is registered under CIN U28999PN2016PLC165925.
Neat Wind Industries has 3 current directors:
- Avinash Anant Bopardikar - Director
- Kanchan Suhas Mulay - Director
- Milan Milind Gandhe - Director
The latest financial statements of Neat Wind Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 October 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Neat Wind Industries is 27AAFCN3220M1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Neat Wind Industries is U28999PN2016PLC165925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neat Wind Industries has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending.
Neat Wind Industries was incorporated on 10 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Neat Wind Industries by revenue are Radix Arc Private Limited, Trues Steels Private Limited, Accura Weldrods Kovai Private Limited, Tecknoweld Alloys (India) Private Limited, Rd Forge Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Milan Milind Gandhe was appointed as Director on 13 Jan 2026. Milind Balkrishna Gandhe ceased to be Director on 13 Jan 2026. Kanchan Suhas Mulay was appointed as Director on 20 May 2017. Neat Wind Industries has 7 board changes on record in total.
Yes, Neat Wind Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-01-0013615).
Neat Wind Industries can be reached through the website neatwind.com. Its registered office is in Ahmednagar, Maharashtra, India.
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