- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-14-0001165

About Neptune Industries Limited
Data last updated:
Neptune Industries Limited is a public limited company based in Mehsana, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ1999PLC036141. Its GSTIN is 24AABCN4995M1ZX (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.96 Cr. It was formerly known as Neptune Automation Pvt Ltd and Neptune Automation Private Limited. It is led by directors including Rajendrakumar Vasantlal Panchal (Managing Director) and Hemantkumar Manubhai Mehta.
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 6&7 V T Industrial Park Ahmedabad – Mehsana Highway Village – Ditasan Post – Jagudan, Gujarat, India – 382710.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.73 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.04 Cr (net margin 4%) and EBITDA of ₹8.13 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
The company has about 107 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Brickmachines and Neptune Industries Limited. As per MCA filings, the company has open charges of ₹61.55 Cr and satisfied charges of ₹72.48 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Neptune Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0001165). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neptune-india.com.
Company details
Name history
Neptune Industries has undergone 3 name changes throughout its history. The company was previously known as Neptune Automation Pvt Ltd, Neptune Automation Private Limited, and Neptune Industries Private Limited. The current legal name is Neptune Industries Limited.
| Company Name | Status |
|---|---|
| Neptune Industries Limited | Current |
| Neptune Automation Pvt Ltd | Previous |
| Neptune Automation Private Limited | Previous |
| Neptune Industries Private Limited | Previous |
CIN history
Neptune Industries has one previous CIN (Corporate Identification Number): U29120GJ1999PTC036141. The current CIN is U29120GJ1999PLC036141, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120GJ1999PLC036141 | Current |
| U29120GJ1999PTC036141 | Previous |
Recognitions & Rankings of Neptune Industries
Contact details
Neptune Industries Limited's registered office is in Mehsana, Gujarat. Its website is neptune-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6&7 V T Industrial Park Ahmedabad – Mehsana Highway Village – Ditasan Post – Jagudan, Gujarat, India – 382710
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Neptune Industries 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
Neptune Industries operates two associated brands: Brickmachines and Neptune Industries Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures turn-key projects and equipment for construction materials like bricks and blocks. | brickmachines.in | |
| Manufacturing of equipment for ceramics, sanitary ware, and construction materials in India. | neptune-india.com |
Business activity
The main business activity of Neptune Industries is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Neptune Industries Limited, buy the company report.
Financials of Neptune Industries Limited
FY 2025 filings availableNeptune Industries Limited reported revenue of ₹75.73 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 2% 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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| EBITDA | ₹8.13 Cr | ||||
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| Net Profit (PAT) | ₹3.04 Cr | ||||
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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 | 10.7% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Neptune Industries Limited, buy the company report.
Board of directors of Neptune Industries Limited
Neptune Industries has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemantkumar Manubhai Mehta | Director | 02 Nov 2021 | 5 Years 0 Months | Current |
| Jayeshbhai Arvindbhai Pandit | Director | 31 Mar 2018 | 8 Years 7 Months | Current |
| Navinkumar Vasantlal Panchal Also directs: Neptune Infratech Private Limited, Bravo Industries Limited | Director | 30 Aug 2023 | 3 Years 2 Months | Current |
| Rajendrakumar Vasantlal Panchal | Managing Director | 14 Nov 2005 | 20 Years 11 Months | Current |
Auditor
Neptune Industries Limited is audited by Ashvin K Yagnik & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashvin K Yagnik & Co | FY 2023 | 100710W |
Shareholding
The shareholding of Neptune Industries 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 Neptune Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2023 | 100837117 | Others | ₹87.15 Lakh | Open | |
| 26 Jan 2022 | 100544221 | Hdfc Bank Limited | ₹17.47 Lakh | Open | |
| 26 May 2021 | 100453063 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 02 Nov 2020 | 100400029 | Hdfc Bank Limited | ₹54.5 Cr | Open | |
| 22 Oct 2012 | 10391090 | State Bank of India | ₹30.95 Cr | Satisfied |
To see the full charge records of Neptune Industries Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Neptune Industries Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
| District court, Dhule, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Panjab State Electricity Board Patiala | Disposed |
To see the full case history of Neptune 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 Neptune Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neptune Industries Limited has a workforce of 107 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Neptune Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN4995M1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neptune Industries Limited, buy the company report.
Recent activity
Neptune Industries Limited has 18 board changes on record since 2005: 4 appointments and 14 cessations. The latest: Navinkumar Vasantlal Panchal was appointed as Director on 30 Aug 2023.
23 earlier events are in the company report.
Frequently asked questions
Neptune Industries is an active public limited company based in Mehsana, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 June 1999 (27+ years old) and is registered under CIN U29120GJ1999PLC036141.
Neptune Industries has 4 current directors:
- Rajendrakumar Vasantlal Panchal - Managing Director
- Hemantkumar Manubhai Mehta - Director
- Jayeshbhai Arvindbhai Pandit - Director
- Navinkumar Vasantlal Panchal - Director
The latest financial statements of Neptune 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 Neptune Industries is 24AABCN4995M1ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Neptune Industries is U29120GJ1999PLC036141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Industries has 2 court cases on record: 2 filed against it. 1 is pending.
Neptune Industries was incorporated on 14 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Navinkumar Vasantlal Panchal was appointed as Director on 30 Aug 2023. Devendra Popatlal Shah ceased to be Company Secretary on 01 Apr 2023. Mamtaben Rajendrakumar Panchal ceased to be CFO on 31 Aug 2022. Neptune Industries has 18 board changes on record in total.
Yes, Neptune Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-14-0001165).
Neptune Industries can be reached through the website neptune-india.com. Its registered office is in Mehsana, Gujarat, India.

