
About Netmech Engineering Private Limited
Data last updated:
Netmech Engineering Private Limited is a private limited company based in Ichalkaranji, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 18 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28920PN2004PTC134467. Its GSTIN is 27AABCN9806D1ZI (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Suresh Vyanktesh Kulkarni (Managing Director) and Nilesh Suresh Kulkarni (Managing Director).
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 Ichalkaranji, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.79 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹16.12 Cr (net margin 18.6%) and EBITDA of ₹25.69 Cr (EBITDA margin 29.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
The company is associated with 1 brand: Netmech Engineering. As per MCA filings, the company has satisfied charges of ₹7.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netmech.in.
Company details
CIN history
Netmech Engineering has one previous CIN (Corporate Identification Number): U28920MH2004PTC147041. The current CIN is U28920PN2004PTC134467, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28920PN2004PTC134467 | Current |
| U28920MH2004PTC147041 | Previous |
Contact details
Netmech Engineering Private Limited's registered office is in Ichalkaranji, Maharashtra. Its website is netmech.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 1 To 5 And 18 To 22 Parvati Co. Op. Industrial Estate Sectore K Phase II, Yadrav, Ichalkaranji, Maharashtra, India – 416145
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Netmech 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
Brands
Netmech Engineering operates one associated brand: Netmech Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive cloud, networking, and IT support services. | netmech.in |
Business activity
The main business activity of Netmech Engineering is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Netmech Engineering Private Limited, buy the company report.
Financials of Netmech Engineering Private Limited
FY 2025 filings availableNetmech Engineering Private Limited reported revenue of ₹86.79 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 8% 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 | ₹25.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.12 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 | 29.6% | ||||
| Net Profit Margin | 18.6% | ||||
| 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 Netmech Engineering Private Limited, buy the company report.
Board of directors of Netmech Engineering Private Limited
Netmech Engineering has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Vyanktesh Kulkarni Also directs: Netmech Industries Private Limited, Ichalkaranji Metalloy Founders Pvt Ltd, Ichalkaranji Engineering Centre Pvt Ltd and 1 more | Managing Director | 18 Jun 2004 | 22 Years 4 Months | Current |
| Nilesh Suresh Kulkarni Also directs: Netmech Industries Private Limited, Iconic Castings Private Limited, Technimech Cutting Edge Private Limited and 3 more | Managing Director | 18 Jun 2004 | 22 Years 4 Months | Current |
| Tushar Suresh Kulkarni | Whole-Time Director | 18 Jun 2004 | 22 Years 4 Months | Current |
Auditor
Netmech Engineering Private Limited is audited by V K PUNEKAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K PUNEKAR & CO. | FY 2023 | 108213W |
Shareholding
The shareholding of Netmech Engineering 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 Netmech Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2014 | 10486991 | Bank of Baroda | ₹2.11 Cr | Satisfied | |
| 05 Jan 2010 | 10199521 | Bank of Baroda | ₹1.5 Cr | Satisfied | |
| 05 Jan 2010 | 10199522 | Bank of Baroda | ₹2.21 Cr | Satisfied | |
| 27 Dec 2004 | 90355052 | Uti Bank Lt.D | ₹45 Lakh | Satisfied | |
| 15 Dec 2004 | 80042098 | U T I Bank Ltd. | ₹40 Lakh | Satisfied |
To see the full charge records of Netmech Engineering Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Netmech Engineering 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 Netmech Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netmech Engineering has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN9806D1ZI | Maharashtra | Active | 01 Jul 2017 |
| 33AABCN9806D1ZP | Tamil Nadu | Active | 08 Dec 2022 |
| 29AABCN9806D1ZE | Karnataka | Active | 19 Dec 2025 |
To see the full GST registrations and return filing status of Netmech Engineering Private Limited, buy the company report.
Recent activity
Netmech Engineering Private Limited has 9 board changes on record since 2004: 6 appointments and 3 cessations. The latest: Feroze Neterwala ceased to be Director on 16 Jun 2008.
15 earlier events are in the company report.
Frequently asked questions
Netmech Engineering is an active private limited company based in Ichalkaranji, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 18 June 2004 (22+ years old) and is registered under CIN U28920PN2004PTC134467.
Netmech Engineering has 3 current directors:
- Suresh Vyanktesh Kulkarni - Managing Director
- Nilesh Suresh Kulkarni - Managing Director
- Tushar Suresh Kulkarni - Whole-Time Director
The latest financial statements of Netmech 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 Netmech Engineering is 27AABCN9806D1ZI, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AABCN9806D1ZP (Tamil Nadu), 29AABCN9806D1ZE (Karnataka).
The CIN (Corporate Identification Number) of Netmech Engineering is U28920PN2004PTC134467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netmech Engineering was incorporated on 18 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
Feroze Neterwala ceased to be Director on 16 Jun 2008. Mohan Krishna Fondekar ceased to be Director on 16 Jun 2008. Narendra Shriniwas Fugre ceased to be Director on 16 Jun 2008. Netmech Engineering has 9 board changes on record in total.
Netmech Engineering can be reached through the website netmech.in. Its registered office is in Ichalkaranji, Maharashtra, India.
The registered office of Netmech Engineering is at Plot No. 1 To 5 And 18 To 22 Parvati Co. Op. Industrial Estate Sectore K Phase II, Yadrav, Ichalkaranji, Maharashtra, India – 416145.
Netmech Engineering operates in the automotive industry, in the auto parts and components segment.