
Onward Equipments Private Limited
About Onward Equipments Private Limited
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Onward Equipments Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mpcl Industries Limited. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 24 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1995PTC087621.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Abhijeet Bhattacharya and Rajender Singh.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No – 517 5th Flr B – Wing Kanakia – Zillion Ltd Cst Rd Lbs Marg Kurla Depot Kurla West, Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.5 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.51 Lakh (net margin 82%) and EBITDA of ₹5.11 Lakh (EBITDA margin 92.8%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
As per MCA filings, the company has open charges of ₹140 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Onward Equipments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No – 517 5th Flr B – Wing Kanakia – Zillion Ltd Cst Rd Lbs Marg Kurla Depot Kurla West, Mumbai, Maharashtra, India – 400070
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Onward Equipments 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 Onward Equipments Private Limited
FY 2025 filings availableOnward Equipments Private Limited reported revenue of ₹5.5 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 100%. EBITDA fell 4% 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 |
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| EBITDA | ₹5.11 Lakh | ||||
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| Net Profit (PAT) | ₹4.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 92.8% | ||||
| Net Profit Margin | 82% | ||||
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To see the full financial statements and ratios of Onward Equipments Private Limited, buy the company report.
Board of directors of Onward Equipments Private Limited
Onward Equipments has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Bhattacharya Also directs: Renew Solis Power Private Limited, Vrindavan Solar Private Limited, Mitraya Green Power Private Limited and 5 more | Director | 10 Dec 2022 | 3 Years 10 Months | Current |
| Rajender Singh Also directs: Renew Solis Power Private Limited, Vento Power Private Limited, Osmanabad Solar Energy Limited and 5 more | Director | 10 Dec 2022 | 3 Years 10 Months | Current |
| Saurabh Singh Also directs: Mitraya Green Power Private Limited, Mitraya Power Private Limited, Flexirural Urja Jalgaon Limited and 5 more | Director | 10 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Onward Equipments Private Limited is audited by PNG & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PNG & CO. | FY 2023 | 021910N |
Shareholding
The shareholding of Onward Equipments 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 Onward Equipments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2022 | 100531149 | Axis Bank Limited | ₹140 Cr | Open |
To see the full charge records of Onward Equipments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Onward Equipments 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 Onward Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Onward Equipments Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Onward Equipments Private Limited has 13 board changes on record since 2011: 3 appointments and 10 cessations. The latest: Abhijeet Bhattacharya ceased to be Additional Director on 29 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Onward Equipments is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 24 April 1995 (31+ years old) and is registered under CIN U29299MH1995PTC087621.
Onward Equipments has 3 current directors:
- Abhijeet Bhattacharya - Director
- Rajender Singh - Director
- Saurabh Singh - Director
The latest financial statements of Onward Equipments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Onward Equipments is U29299MH1995PTC087621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Onward Equipments was incorporated on 24 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhijeet Bhattacharya ceased to be Additional Director on 29 Sep 2023. Rajender Singh ceased to be Additional Director on 29 Sep 2023. Saurabh Singh ceased to be Additional Director on 29 Sep 2023. Onward Equipments has 13 board changes on record in total.
The registered office of Onward Equipments is at Unit No – 517 5th Flr B – Wing Kanakia – Zillion Ltd Cst Rd Lbs Marg Kurla Depot Kurla West, Mumbai, Maharashtra, India – 400070.
Onward Equipments operates in the engineering industry, in the metal foundry and fabrication services segment.
Onward Equipments has open charges of ₹140 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Onward Equipments is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.