
Netmech Industries Private Limited
About Netmech Industries Private Limited
Data last updated:
Netmech Industries Private Limited is a private limited company based in Hatkanangale, Maharashtra, India. It operates in the metal fabrication segment of the fabrication and metalwork sector. It was incorporated on 19 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28939PN2014PTC219650. Its GSTIN is 27AADCH3647N1Z6 (Maharashtra).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.26 Cr. It was formerly known as Hiruta Rao Industries Private Limited. It is led by directors including Suresh Vyanktesh Kulkarni (Managing Director) and Sushama Rao Rajesh.
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 Hatkanangale, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.95 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹24.32 Lakh (net margin 71.6%) and EBITDA of ₹33.31 Lakh (EBITDA margin 98.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Netmech Industries has one previous CIN (Corporate Identification Number): U28939KA2014PTC073721. The current CIN is U28939PN2014PTC219650, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28939PN2014PTC219650 | Current |
| U28939KA2014PTC073721 | Previous |
Contact details
Netmech Industries Private Limited's registered office is in Hatkanangale, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 1 To 5 And 18 To 22, Parvati Co. Op. Industrial Estate Sectore – K Phase II, Hatkanangale, Maharashtra, India – 416146
- IndustryFabrication, Metal Fabricated Products, Manufacturing
To see the full contact details of Netmech Industries 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
Financials of Netmech Industries Private Limited
FY 2025 filings availableNetmech Industries Private Limited reported revenue of ₹33.95 Lakh (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 51% growth in the latest year. EBITDA rose 102% 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 | ₹33.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.32 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 | 98.1% | ||||
| Net Profit Margin | 71.6% | ||||
| 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 Industries Private Limited, buy the company report.
Board of directors of Netmech Industries Private Limited
Netmech Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushama Rao Rajesh | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Suresh Vyanktesh Kulkarni Also directs: Netmech Engineering Private Limited, Ichalkaranji Metalloy Founders Pvt Ltd, Ichalkaranji Engineering Centre Pvt Ltd and 1 more | Managing Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Nilesh Suresh Kulkarni Also directs: Netmech Engineering Private Limited, Shree Balaji Techno Coatings Private Limited, HK Climax Engineering Private Limited and 3 more | Director | 20 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Netmech Industries Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chopra Silencers Private Limited | ₹34.56 Lakh (FY 2024) | -47.0% | New Delhi, Delhi, India | |||
| Tulliya Industries Private Limited | ₹34.51 Lakh (FY 2025) | 53.0% | Coimbatore, Tamil Nadu, India | |||
| Hyundai Kefico India Private Limited | ₹34.48 Lakh (FY 2025) | Sriperumbudur, Tamil Nadu, India | ||||
| Toko Electronic Components Pvt Ltd | ₹34.46 Lakh (FY 2023) | -13.0% | Pune, Maharashtra, India | |||
| Nandhini Transformers India Private Limited | ₹34.38 Lakh (FY 2024) | Perungudi, Tamil Nadu, India | ||||
| Netmech Industries Private Limitedthis company | ₹33.95 Lakh (FY 2025) | ₹24.32 Lakh | 71.6% | 51.0% | Hatkanangale, Maharashtra, India | |
| DSM Multi Car Services Private Limited | ₹33.94 Lakh (FY 2019) | 15.0% | Palghar, Maharashtra, India | |||
| Olive Agrotech Industries Private Limited | ₹33.88 Lakh (FY 2022) | 34.0% | Pune, Maharashtra, India | |||
| JSL Automotive Private Limited | ₹33.37 Lakh (FY 2025) | -1.0% | Gurgaon, Haryana, India | |||
| Stellaris Electric Private Limited | ₹33.27 Lakh (FY 2025) | -43.0% | Bangalore, Karnataka, India | |||
| Abhishek K Sumori Metals Private Limited | ₹33.24 Lakh (FY 2025) | 10.0% | Delhi, India |
To see the full peer comparison of Netmech Industries Private Limited, buy the company report.
Auditor
Netmech Industries Private Limited is audited by T GANDHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T GANDHI & CO | FY 2021 | 000853S |
Shareholding
The shareholding of Netmech Industries Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Netmech Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Netmech 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 Netmech Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netmech Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH3647N1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Netmech Industries Private Limited, buy the company report.
Recent activity
Netmech Industries Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Nilesh Suresh Kulkarni ceased to be Additional Director on 19 Sep 2020.
Frequently asked questions
Netmech Industries is an active private limited company based in Hatkanangale, Maharashtra, India. The company works in metal fabricated products, within the fabrication industry. It was incorporated on 19 February 2014 (12+ years old) and is registered under CIN U28939PN2014PTC219650.
Netmech Industries has 3 current directors:
- Suresh Vyanktesh Kulkarni - Managing Director
- Sushama Rao Rajesh - Director
- Nilesh Suresh Kulkarni - Director
The latest financial statements of Netmech 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 Netmech Industries is 27AADCH3647N1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Netmech Industries is U28939PN2014PTC219650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netmech Industries was incorporated on 19 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Netmech Industries by revenue are Chopra Silencers Private Limited, Tulliya Industries Private Limited, Hyundai Kefico India Private Limited, Toko Electronic Components Pvt Ltd, Nandhini Transformers India Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Nilesh Suresh Kulkarni ceased to be Additional Director on 19 Sep 2020. Nilesh Suresh Kulkarni was appointed as Director on 20 Jul 2020. Sudesh Marutrao Rokade ceased to be Director on 30 Mar 2020. Netmech Industries has 9 board changes on record in total.
The registered office of Netmech Industries is at Plot No. 1 To 5 And 18 To 22, Parvati Co. Op. Industrial Estate Sectore – K Phase II, Hatkanangale, Maharashtra, India – 416146.
Netmech Industries operates in the fabrication industry, in the metal fabricated products segment.
The compliance status of Netmech Industries is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.

