- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0016682

About Okay Tools Pvt Ltd
Data last updated:
Okay Tools Pvt Ltd is a private limited company based in Nashik, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 22 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28932MH1984PTC034356. Its GSTIN is 27AAACO2635C1ZV (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Narendrakumar Jhabarmal Saboo and Kanchan Narendra Saboo.
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 E – 16 – 28 MIDC – Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.48 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹29.44 Lakh (net margin -2%) and EBITDA of ₹46.77 Lakh (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 2% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.72 Cr and satisfied charges of ₹4.59 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Okay Tools Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0016682). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website okaytool.com.
Company details
Recognitions & Rankings of Okay Tools
Contact details
Okay Tools Pvt Ltd's registered office is in Nashik, Maharashtra. Its website is okaytool.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 16 – 28 MIDC – Ambad, Nashik, Maharashtra, India – 422010
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Okay Tools Pvt Ltd, 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
Business activity
The main business activity of Okay Tools is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Okay Tools Pvt Ltd, buy the company report.
Financials of Okay Tools Pvt Ltd
FY 2025 filings availableOkay Tools Pvt Ltd reported revenue of ₹14.48 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 13% fall in the latest year. EBITDA fell 66% 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 | ₹14.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹46.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.44 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 | 3.2% | ||||
| Net Profit Margin | -2% | ||||
| 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 Okay Tools Pvt Ltd, buy the company report.
Board of directors of Okay Tools Pvt Ltd
Okay Tools has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendrakumar Jhabarmal Saboo | Director | 22 Oct 1984 | 42 Years 0 Months | Current |
| Kanchan Narendra Saboo | Director | 06 Nov 2014 | 12 Years 0 Months | Current |
Peer comparison
Okay Tools Pvt Ltd is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pme Power Solutions (India) Limited | ₹14.53 Cr (FY 2024) | -44.0% | New Delhi, Delhi, India | |||
| Spectrum Solutions and Technologies Private Limited | ₹14.51 Cr (FY 2025) | -48.0% | Surat, Gujarat, India | |||
| Okay Tools Pvt Ltdthis company | ₹14.48 Cr (FY 2024) | -₹29.44 Lakh | -2% | -13.0% | 62 | Nashik, Maharashtra, India |
| Archit Electricals Pvt Ltd | ₹14.43 Cr (FY 2025) | 4.0% | Vadodara, Gujarat, India | |||
| Dausa Transformer Udhyog Private Limited | ₹14.41 Cr (FY 2024) | 6.0% | Jaipur, Rajasthan, India | |||
| Adlerenserv Private Limited | ₹14.4 Cr (FY 2024) | 25.0% | Bangalore, Karnataka, India | |||
| Sneh Raman Electricals Private Limited | ₹14.39 Cr (FY 2025) | 15.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Okay Tools Pvt Ltd, buy the company report.
Auditor
Okay Tools Pvt Ltd is audited by S. B. DUDHAWAT & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. B. DUDHAWAT & CO. | FY 2024 | 102774W |
Shareholding
The shareholding of Okay Tools Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Okay Tools Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2025 | 101182920 | Tjsb Sahakari Bank Limited | ₹45 Lakh | Open | |
| 27 Oct 2025 | 101182977 | Tjsb Sahakari Bank Limited | ₹36 Lakh | Open | |
| 27 Oct 2025 | 101182988 | Tjsb Sahakari Bank Limited | ₹45 Lakh | Open | |
| 25 Sep 2025 | 101165826 | Tjsb Sahakari Bank Limited | ₹8 Lakh | Open | |
| 15 Sep 2025 | 101181592 | Tjsb Sahakari Bank Limited | ₹45 Lakh | Open |
To see the full charge records of Okay Tools Pvt Ltd, buy the company report.
Total charge records: 39 View all charges
Legal cases
Okay Tools Pvt Ltd has 2 court cases on record: 2 filed by Okay Tools. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed by the company against Yashashree Tubes Pvt.Ltd., THR. Alok Kumar Bhartia and 4 others | Disposed |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Okay Tools Pvt Ltd, 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
Okay Tools Pvt Ltd has 7 MSME Form 1 returns on record between 2019 and 2023, listing 375 overdue payments to 34 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 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Trimph Engineering | |||
| Omkar Industries | |||
| an individual supplier | |||
| Wezmann Tools Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Okay Tools Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Okay Tools Pvt Ltd has a workforce of 62 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Okay Tools has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO2635C1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Okay Tools Pvt Ltd, buy the company report.
Recent activity
Okay Tools Pvt Ltd has 5 board changes on record since 1984: 2 appointments and 3 cessations. The latest: Kanchan Narendra Saboo ceased to be Additional Director on 29 Sep 2015.
56 earlier events are in the company report.
Frequently asked questions
Okay Tools is an active private limited company based in Nashik, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 22 October 1984 (42+ years old) and is registered under CIN U28932MH1984PTC034356.
Okay Tools has 2 current directors:
- Narendrakumar Jhabarmal Saboo - Director
- Kanchan Narendra Saboo - Director
The latest financial statements of Okay Tools 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 Okay Tools is 27AAACO2635C1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Okay Tools is U28932MH1984PTC034356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Okay Tools has 2 court cases on record: 2 filed by the company. 1 is pending.
Okay Tools was incorporated on 22 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Okay Tools by revenue are Pme Power Solutions (India) Limited, Spectrum Solutions and Technologies Private Limited, Archit Electricals Pvt Ltd, Dausa Transformer Udhyog Private Limited, Adlerenserv Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kanchan Narendra Saboo ceased to be Additional Director on 29 Sep 2015. Kalpana Sushil Chakranarayan ceased to be Director Appointed In Casual Vacancy on 16 Feb 2015. Kanchan Narendra Saboo was appointed as Director on 06 Nov 2014. Okay Tools has 5 board changes on record in total.
Yes, Okay Tools is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0016682).
Okay Tools has 7 MSME Form 1 returns on record between 2019 and 2023, listing 375 overdue payments to 34 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Okay Tools can be reached through the website okaytool.com. Its registered office is in Nashik, Maharashtra, India.

