MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0065163
Newage Bearings Private Limited
Newage Bearings Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.06 Cr
▲ 1% YoY
Net profit · FY 2024
₹21.03 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹1.06 Cr
EBITDA margin 10.5%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.6 Lakh
Issued & subscribed
Company age
35 yrs
Est. 1991
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Newage Bearings Private Limited
Data last updated:
Newage Bearings 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 05 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29130MH1991PTC060606. Its GSTIN is 27AABCN0568J1ZC (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.6 Lakh. It is led by directors including Rajiv Aggarwal and Manoharlal Asaaram Aggarwal.
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 75 Nagdevi Cross Lane 1st Floor, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.06 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹21.03 Lakh (net margin 2.1%) and EBITDA of ₹1.06 Cr (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Newage Bearings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0065163). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29130MH1991PTC060606
Registration Number 060606
Incorporation Date 05 March 1991
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 Small
Udyam Registration UDYAM-MH-19-0065163
CIN history
Newage Bearings has one previous CIN (Corporate Identification Number): U29130MH2003PTC060606. The current CIN is U29130MH1991PTC060606, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29130MH1991PTC060606 | Current |
| U29130MH2003PTC060606 | Previous |
Recognitions & Rankings of Newage Bearings
Contact details
Newage Bearings Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address75 Nagdevi Cross Lane 1st Floor, Mumbai, Maharashtra, India – 400003
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Newage Bearings Private Limited, buy the company report.
Comprehensive company report
Newage Bearings 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
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Business activity
The main business activity of Newage Bearings is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Newage Bearings Private Limited, buy the company report.
Financials of Newage Bearings Private Limited
FY 2025 filings availableNewage Bearings Private Limited reported revenue of ₹10.06 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹10.06 Cr ▲ 1%
Net profit · FY 2024
₹21.03 Lakh margin 2.1%
EBITDA · FY 2024
₹1.06 Cr margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 13%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 9%
5 years · compounded
▼ 2%
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 11% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.03 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Newage Bearings Private Limited, buy the company report.
Board of directors of Newage Bearings Private Limited
Newage Bearings has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Aggarwal | Director | 25 Jul 2003 | 23 Years 3 Months | Current |
| Manoharlal Asaaram Aggarwal | Director | 25 Jul 2003 | 23 Years 3 Months | Current |
| Sangeeta Aggarwal | Director | 25 Jul 2003 | 23 Years 3 Months | Current |
| Anuj Rajeev Aggarwal | Director | 02 May 2017 | 9 Years 6 Months | Current |
Auditor
Newage Bearings Private Limited is audited by DHIMANT SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHIMANT SHAH & ASSOCIATES | FY 2023 | 102493W |
Shareholding
The shareholding of Newage Bearings 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 Newage Bearings Private Limited, buy the company report.
Legal cases
Newage Bearings Private Limited has 1 court case on record: 1 filed by Newage Bearings. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Nitin Castings Limited | Disposed |
To see the full case history of Newage Bearings Private 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
Newage Bearings Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 9 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Spares and Components Co Private Limited | |||
| Doshi Brothers Marketing Private Limited | |||
| an individual supplier | |||
| Hi-Tech Bearings Pvt Ltd |
To see the full MSME payment records of Newage Bearings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Newage Bearings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN0568J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Newage Bearings Private Limited, buy the company report.
Recent activity
Newage Bearings Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Anuj Rajeev Aggarwal ceased to be Additional Director on 30 Sep 2019.
AGM
Newage Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Newage Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Anuj Rajeev Aggarwal ceased to be Additional Director.
Appointed
Anuj Rajeev Aggarwal was appointed as Director.
Appointed
Manoharlal Asaaram Aggarwal was appointed as Director.
Appointed
Rajiv Aggarwal was appointed as Director.
Appointed
Sangeeta Aggarwal was appointed as Director.
Incorporation
05 Mar 1991
Newage Bearings Private Limited was registered on 05 Mar 1991 with Roc Mumbai & aged 35 years 8 months as per MCA records.
Frequently asked questions
Newage Bearings 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 05 March 1991 (35+ years old) and is registered under CIN U29130MH1991PTC060606.
Newage Bearings has 4 current directors:
- Rajiv Aggarwal - Director
- Manoharlal Asaaram Aggarwal - Director
- Sangeeta Aggarwal - Director
- Anuj Rajeev Aggarwal - Director
The latest financial statements of Newage Bearings 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 Newage Bearings is 27AABCN0568J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Newage Bearings is U29130MH1991PTC060606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newage Bearings has 1 court case on record: 1 filed by the company.
Newage Bearings was incorporated on 05 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Anuj Rajeev Aggarwal ceased to be Additional Director on 30 Sep 2019. Anuj Rajeev Aggarwal was appointed as Director on 02 May 2017. Manoharlal Asaaram Aggarwal was appointed as Director on 25 Jul 2003. Newage Bearings has 5 board changes on record in total.
Yes, Newage Bearings is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0065163).
Newage Bearings has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 9 overdue payments to 5 micro and small suppliers. The latest return was filed on 31 May 2019.
The registered office of Newage Bearings is at 75 Nagdevi Cross Lane 1st Floor, Mumbai, Maharashtra, India – 400003.
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