Optima Auto Products Private Limited
About Optima Auto Products Private Limited
Data last updated:
Optima Auto Products Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 19 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29268MH2014PTC254575. Its GSTIN is 27AABCO9951G1Z5 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.95 Cr. It is led by directors Nishikant Narharrao Joshi and Vijay Surendra Kasture.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No.5 Shubhkamana Apartment Osmanpura/Garkheda, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.81 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹4.51 Cr (net margin 5.9%) and EBITDA of ₹26.23 Cr (EBITDA margin 34.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 64% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹133.6 Cr and satisfied charges of ₹62.06 Cr on record. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in September 2014. Its 10 peer companies in the Automobiles industry (Auto, Auto Ancillary) are compared by revenue, 5 larger and 5 smaller; the largest is Platino Automotive Private Limited with revenue of ₹76.19 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2021, listing 16 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No.5 Shubhkamana Apartment Osmanpura/Garkheda, Aurangabad, Maharashtra, India – 431001
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Optima Auto Products Private Limited
The main business activity of Optima Auto Products is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Optima Auto Products Private Limited FY 2024 filings available
Optima Auto Products Private Limited reported revenue of ₹75.81 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Optima Auto Products Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA fell 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 of Optima Auto Products Private Limited
| 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 | ₹26.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.51 Cr | •••• | •••• | •••• | •••• |
| 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 of Optima Auto Products Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Optima Auto Products are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Optima Auto Products Private Limited
Optima Auto Products Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto, Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Platino Automotive Private Limited | ₹76.19 Cr (FY 2025) | •••• | •••• | 511.0% | •••• | Chennai, Tamil Nadu, India |
| Tonglit Autogistic Private Limited | ₹76.09 Cr (FY 2024) | •••• | •••• | -58.0% | •••• | Madurantakam, Tamil Nadu, India |
| Siria Elemet Private Limited | ₹76.07 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| JNR Auto Agri Private Limited | ₹75.97 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Nagaur, Rajasthan, India |
| Apj Technoplast Private Limited | ₹75.82 Cr (FY 2025) | •••• | •••• | 198.0% | •••• | Gurgaon, Haryana, India |
| Optima Auto Products Private Limited this company | ₹75.81 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Aurangabad, Maharashtra, India |
| KK Lighting India Private Limited | ₹75.79 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kundli, Haryana, India |
| Rubberking Tyres India Private Limited | ₹75.78 Cr (FY 2016) | •••• | •••• | -12.0% | •••• | Ahmedabad, Gujarat, India |
| Mack Springs Private Limited | ₹75.76 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| United Tyrekrafts Pvt Ltd | ₹75.76 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Bengal Auto Parts Pvt Ltd | ₹75.37 Cr (FY 2017) | •••• | •••• | -52.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Optima Auto Products by revenue in the Automobiles industry (Auto, Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Optima Auto Products Private Limited
Optima Auto Products Private Limited is audited by Ashok Patil & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashok Patil & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Optima Auto Products Private Limited
Optima Auto Products has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishikant Narharrao Joshi Also directs: K-Fx Services Private Limited, Sumedh Tools Private Limited, Swastid Engineering Private Limited and 5 more | Director | 04 Apr 2023 | 3 Years 6 Months | Current |
| Vijay Surendra Kasture | Director | 04 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Optima Auto Products Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Optima Auto Products Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2023 | Others | ₹56 Cr | Open |
| 06 Feb 2020 | Others | ₹77.6 Cr | Open |
| 15 Jun 2017 | Dena Bank | ₹29.96 Cr | Satisfied |
| 01 Nov 2014 | The Cosmos Co-Operative Bank Limited (Chinchwad Branch) | ₹32.1 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Optima Auto Products Private Limited
Optima Auto Products Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in September 2014.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Rights issue | ₹94 Lakh | Investors: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Optima Auto Products Private Limited
Optima Auto Products Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 16 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Optima Auto Products Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ashok Energy and Power Systems Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Optima Auto Products Private Limited
Optima Auto Products Private Limited has a workforce of 10 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Optima Auto Products Private Limited
Optima Auto Products Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Nishikant Narharrao Joshi ceased to be Additional Director on 09 Apr 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Optima Auto Products Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Optima Auto Products Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Optima Auto Products Private Limited
Optima Auto Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCO9951G1Z5 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Optima Auto Products Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Optima Auto Products Private Limited
Optima Auto Products is an active private limited company based in Aurangabad, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 19 March 2014 (12+ years old) and is registered under CIN U29268MH2014PTC254575.
Optima Auto Products reported revenue of ₹75.81 Cr for FY 2024 (down 36% YoY).
Optima Auto Products has 2 current directors:
- Nishikant Narharrao Joshi - Director
- Vijay Surendra Kasture - Director
Optima Auto Products reported a net profit of ₹4.51 Cr (net margin 5.9%) and EBITDA of ₹26.23 Cr (EBITDA margin 34.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Optima Auto Products is 19% over three years and 64% over five years. In the latest year (FY 2024) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Optima Auto Products is 27AABCO9951G1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Optima Auto Products is U29268MH2014PTC254575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optima Auto Products was incorporated on 19 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Optima Auto Products has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in September 2014.
The peers of Optima Auto Products by revenue are Platino Automotive Private Limited, Tonglit Autogistic Private Limited, Siria Elemet Private Limited, JNR Auto Agri Private Limited, Apj Technoplast Private Limited and 5 more, all in the Automobiles industry (Auto, Auto Ancillary).
Nishikant Narharrao Joshi ceased to be Additional Director on 09 Apr 2023. Vijay Surendra Kasture ceased to be Additional Director on 09 Apr 2023. Nishikant Narharrao Joshi was appointed as Director on 04 Apr 2023. Optima Auto Products has 8 board changes on record in total.
Optima Auto Products has 4 MSME Form 1 returns on record between 2019 and 2021, listing 16 overdue payments to 8 micro and small suppliers. The latest return was filed on 23 Feb 2022.