MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0056705
Neela Asbestos Industries Private Limited
Neela Asbestos Industries Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.8 Cr
▲ 112% YoY
Net profit · FY 2025
₹1.69 Cr
Net margin 44.5%
EBITDA · FY 2025
₹1.86 Cr
EBITDA margin 48.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8 Lakh
Issued & subscribed
Open charges
₹40.85 Lakh
Secured borrowings
Company age
53 yrs
Est. 1973
Employees · EPFO
18
Provident fund records
About Neela Asbestos Industries Private Limited
Data last updated:
Neela Asbestos Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 09 May 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26953MH1973PTC016538. Its GSTIN is 27AABCN0965H1ZG (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Hemangi Nilesh Patel and Nilesh Manubhai Patel.
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 C – 504 Shree Ramdev Apartment Dr. Dalvi Road Kandivali (W), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.8 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 44.5%) and EBITDA of ₹1.86 Cr (EBITDA margin 48.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 23% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.85 Lakh on record.
Neela Asbestos Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0056705). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26953MH1973PTC016538
Registration Number 016538
Incorporation Date 09 May 1973
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 Micro
Udyam Registration UDYAM-MH-18-0056705
CIN history
Neela Asbestos Industries has one previous CIN (Corporate Identification Number): U26953MH2004PTC016538. The current CIN is U26953MH1973PTC016538, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26953MH1973PTC016538 | Current |
| U26953MH2004PTC016538 | Previous |
Recognitions & Rankings of Neela Asbestos Industries
Contact details
Neela Asbestos Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – 504 Shree Ramdev Apartment Dr. Dalvi Road Kandivali (W), Mumbai, Maharashtra, India – 400067
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Neela Asbestos Industries Private Limited, buy the company report.
Comprehensive company report
Neela Asbestos Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Neela Asbestos 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 Neela Asbestos Industries Private Limited, buy the company report.
Financials of Neela Asbestos Industries Private Limited
FY 2025 filings availableNeela Asbestos Industries Private Limited reported revenue of ₹3.8 Cr (up 112% YoY) for FY 2025.
Revenue · FY 2025
₹3.8 Cr ▲ 112%
Net profit · FY 2025
₹1.69 Cr margin 44.5%
EBITDA · FY 2025
₹1.86 Cr margin 48.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 36%
5 years · compounded
▲ 23%
EBITDA CAGR growth
3 years · compounded
▲ 242%
5 years · compounded
▲ 90%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 112% growth 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 | ₹1.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.69 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.9% | ||||
| Net Profit Margin | 44.5% | ||||
| 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 Neela Asbestos Industries Private Limited, buy the company report.
Board of directors of Neela Asbestos Industries Private Limited
Neela Asbestos Industries has 2 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 |
|---|---|---|---|---|
| Hemangi Nilesh Patel | Director | 11 Apr 2022 | 4 Years 6 Months | Current |
| Nilesh Manubhai Patel | Director | 08 Jul 2005 | 21 Years 3 Months | Current |
Auditor
Neela Asbestos Industries Private Limited is audited by Nitesh Kothari & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nitesh Kothari & Co. | FY 2023 | 127004W |
Shareholding
The shareholding of Neela Asbestos Industries 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 Neela Asbestos Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.85 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 1997 | 90163476 | Bank of Baroda | ₹2.8 Lakh | Open | |
| 10 Jun 1995 | 90240077 | Bank of Baroda | ₹10 Lakh | Open | |
| 01 Jun 1995 | 90240074 | Bank of Baroda | ₹10 Lakh | Open | |
| 01 Jun 1995 | 90166378 | Bank of Baroda | ₹12.8 Lakh | Open | |
| 06 Mar 1981 | 90165748 | Bank of Baroda | ₹1 Lakh | Open |
To see the full charge records of Neela Asbestos Industries Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Neela Asbestos Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neela Asbestos Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neela Asbestos Industries Private Limited has a workforce of 18 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
GST
Neela Asbestos Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN0965H1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neela Asbestos Industries Private Limited, buy the company report.
Recent activity
Neela Asbestos Industries Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Hemangi Nilesh Patel ceased to be Additional Director on 30 Sep 2022.
AGM
Neela Asbestos Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neela Asbestos Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Hemangi Nilesh Patel ceased to be Additional Director.
Ceased
Sunil Kunjbihari Desai ceased to be Director.
Appointed
Hemangi Nilesh Patel was appointed as Director.
Ceased
Manubhai Ranchhodbhai Patel ceased to be Director.
Charges
A charge with Bank Of Baroda of Rs. 12.80 Lakh registered on 01 Jun 1995 with Charge ID 90166378 was modified on 16 Feb 2009.
Charges
A charge with Bank Of Baroda of Rs. 10.00 Lakh registered on 10 Jun 1995 with Charge ID 90240077 was modified on 06 Dec 2005.
Charges
A charge with Bank Of Baroda of Rs. 10.00 Lakh registered on 01 Jun 1995 with Charge ID 90240074 was modified on 06 Dec 2005.
Appointed
Nilesh Manubhai Patel was appointed as Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 2.80 Lakh with Charge ID 90163476 was registered on 20 Jan 1997.
Charges
A charge with Bank Of Baroda amounted to Rs. 10.00 Lakh with Charge ID 90240077 was registered on 10 Jun 1995.
6 earlier events are in the company report.
Frequently asked questions
Neela Asbestos Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 09 May 1973 (53+ years old) and is registered under CIN U26953MH1973PTC016538.
Neela Asbestos Industries has 2 current directors:
- Hemangi Nilesh Patel - Director
- Nilesh Manubhai Patel - Director
The latest financial statements of Neela Asbestos Industries 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 Neela Asbestos Industries is 27AABCN0965H1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neela Asbestos Industries is U26953MH1973PTC016538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neela Asbestos Industries was incorporated on 09 May 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemangi Nilesh Patel ceased to be Additional Director on 30 Sep 2022. Sunil Kunjbihari Desai ceased to be Director on 01 May 2022. Hemangi Nilesh Patel was appointed as Director on 11 Apr 2022. Neela Asbestos Industries has 5 board changes on record in total.
Yes, Neela Asbestos Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0056705).
The registered office of Neela Asbestos Industries is at C – 504 Shree Ramdev Apartment Dr. Dalvi Road Kandivali W, Mumbai, Maharashtra, India – 400067.
Neela Asbestos Industries operates in the machinery and equipment industry, in the industrial products retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages