MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-22-0007056
New Horizon Engineering Private Limited
New Horizon Engineering Private Limited - manufacturing in Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.01 Cr
▲ 6% YoY
Net profit · FY 2024
₹30.5 Lakh
Net margin 3.4%
EBITDA · FY 2024
₹65.93 Lakh
EBITDA margin 7.3%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹30.78 Lakh
Issued & subscribed
Satisfied charges
₹90 Lakh
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
59
Provident fund records
About New Horizon Engineering Private Limited
Data last updated:
New Horizon Engineering Private Limited is a private limited company based in Karnataka, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 02 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110TN1993PTC184042. Its GSTIN is 29AAACN6335Q1ZU (Karnataka).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹30.78 Lakh. It was formerly known as New Horizon Engineering Limited. It is led by directors including Parthasarathy Sathya Narayanan and Rajagopalan Madhusudhan.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B 3 Kssidc Industrialarea Nanjangud Karnataka, Karnataka, India – 571302.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.01 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹30.5 Lakh (net margin 3.4%) and EBITDA of ₹65.93 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹90 Lakh on record.
New Horizon Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0007056). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U85110TN1993PTC184042
Registration Number 014052
Incorporation Date 02 March 1993
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-22-0007056
CIN history
New Horizon Engineering has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110TN1993PTC184042, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110TN1993PTC184042 | Current |
| U50300KA1993PLC014052 | Previous |
| U85110KA1993PLC014052 | Previous |
| U85110KA1993PTC014052 | Previous |
Key People
Parthasarathy Sathya Narayanan Director Rajagopalan Madhusudhan Director Panchaksharam Krishnakumar Director Recognitions & Rankings of New Horizon Engineering
Contact details
New Horizon Engineering Private Limited's registered office is in Karnataka.
- Registered AddressB 3 Kssidc Industrialarea Nanjangud Karnataka, Karnataka, India – 571302
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
Comprehensive company report
New Horizon Engineering 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 New Horizon Engineering is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of New Horizon Engineering Private Limited, buy the company report.
Financials of New Horizon Engineering Private Limited
FY 2024 filings availableNew Horizon Engineering Private Limited reported revenue of ₹9.01 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹9.01 Cr ▲ 6%
Net profit · FY 2024
₹30.5 Lakh margin 3.4%
EBITDA · FY 2024
₹65.93 Lakh margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 14%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 6% growth in the latest year. EBITDA fell 30% 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 |
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| EBITDA | ₹65.93 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹30.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of New Horizon Engineering Private Limited, buy the company report.
Board of directors of New Horizon Engineering Private Limited
New Horizon Engineering has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parthasarathy Sathya Narayanan | Director | 14 Dec 2022 | 3 Years 10 Months | Current |
| Rajagopalan Madhusudhan Also directs: Biads India Private Limited, Lumiere Coolants Private Limited, D.L.S.Consultants Private Limited and 2 more | Director | 25 Oct 2021 | 4 Years 11 Months | Current |
| Panchaksharam Krishnakumar | Director | 27 Mar 2014 | 12 Years 6 Months | Current |
Peer comparison
New Horizon Engineering Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eastern Reclaim Private Limited | ₹9.06 Cr (FY 2024) | 5.0% | Balasore, Odisha, India | |||
| Aurangabad Polycontainers Private Limited | ₹9.06 Cr (FY 2024) | 17.0% | Aurangabad, Maharashtra, India | |||
| Addinath Rubbers Private Limited | ₹9.05 Cr (FY 2016) | -17.0% | Una, Himachal Pradesh, India | |||
| Amit Polyseats Limited | ₹9.02 Cr (FY 2025) | 8.0% | Uttar Pradesh, India | |||
| New Horizon Engineering Private Limitedthis company | ₹9.01 Cr (FY 2024) | ₹30.5 Lakh | 3.4% | 6.0% | Karnataka, India | |
| Shree Ram Rubtech Private Limited | ₹9.01 Cr (FY 2024) | -32.0% | Vadodara, Gujarat, India | |||
| Aum Polyprints Private Limited | ₹9 Cr (FY 2024) | 4.0% | Pune, Maharashtra, India | |||
| Hintannia Plastics Pvt Ltd | ₹9 Cr (FY 2022) | -21.0% | Aluva, Kerala, India |
To see the full peer comparison of New Horizon Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹90 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2010 | 10260760 | Axis Bank Limited | ₹90 Lakh | Satisfied |
To see the full charge records of New Horizon Engineering Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving New Horizon 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 New Horizon Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
New Horizon Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN6335Q1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New Horizon Engineering Private Limited, buy the company report.
Recent activity
New Horizon Engineering Private Limited has 12 board changes on record since 2014: 3 appointments and 9 cessations. The latest: Parthasarathy Sathya Narayanan ceased to be Additional Director on 14 Sep 2023.
AGM
New Horizon Engineering Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
Filing
New Horizon Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Parthasarathy Sathya Narayanan ceased to be Additional Director.
Appointed
Parthasarathy Sathya Narayanan was appointed as Director.
Ceased
Seenapaia Kesavan ceased to be Director.
Ceased
Rajagopalan Madhusudhan ceased to be Director Appointed In Casual Vacancy.
Appointed
Rajagopalan Madhusudhan was appointed as Director.
Ceased
Mukundan Ramaswami ceased to be Director.
Ceased
Ganapathy Parameswaran ceased to be Director Appointed In Casual Vacancy.
Ceased
Srinivasan Krishnan ceased to be Additional Director.
Ceased
Kandadai Madhavan ceased to be Director.
Ceased
Arakali Nagaraja Mudlagirirao ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
New Horizon Engineering is an active private limited company based in Karnataka, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 02 March 1993 (33+ years old) and is registered under CIN U85110TN1993PTC184042.
New Horizon Engineering has 3 current directors:
- Parthasarathy Sathya Narayanan - Director
- Rajagopalan Madhusudhan - Director
- Panchaksharam Krishnakumar - Director
The latest financial statements of New Horizon Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of New Horizon Engineering is 29AAACN6335Q1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of New Horizon Engineering is U85110TN1993PTC184042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Horizon Engineering was incorporated on 02 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of New Horizon Engineering by revenue are Eastern Reclaim Private Limited, Aurangabad Polycontainers Private Limited, Addinath Rubbers Private Limited, Amit Polyseats Limited, Shree Ram Rubtech Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Parthasarathy Sathya Narayanan ceased to be Additional Director on 14 Sep 2023. Parthasarathy Sathya Narayanan was appointed as Director on 14 Dec 2022. Seenapaia Kesavan ceased to be Director on 14 Dec 2022. New Horizon Engineering has 12 board changes on record in total.
Yes, New Horizon Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0007056).
The registered office of New Horizon Engineering is at B 3 Kssidc Industrialarea Nanjangud Karnataka, Karnataka, India – 571302.
New Horizon Engineering operates in the manufacturing industry, in the rubber-based products segment.