About Orbit Bearings (India) Pvt. Ltd.
Data last updated:
Orbit Bearings (India) Pvt. Ltd. is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 16 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29130GJ1990PTC013245. Its GSTIN is 24AAACO2476K1ZD (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Pankaj Maganlal Varasada (Managing Director) and Vineshkumar Babulal Patel (Managing Director).
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 Plot No. 2233 – 2235 A And B GIDC Lodhika Kalawad Road At. Metoda, Rajkot, Gujarat, India – 360021.
As per the financials filed for FY 2025, the company reported a revenue of ₹695.82 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹122.29 Cr (net margin 17.6%) and EBITDA of ₹191.08 Cr (EBITDA margin 27.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 12% over five years.
The company has about 951 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Orbit Bearings. As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2021. Its 5 peer companies in the Machinery and Equipment industry (Bearings, Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is R.N.Gupta and Company Limited with revenue of ₹745.67 Cr. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 32 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orbitbearings.com.
Company details
Contact details
Orbit Bearings (India) Pvt. Ltd.'s registered office is in Rajkot, Gujarat. Its website is orbitbearings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 2233 – 2235 A And B GIDC Lodhika Kalawad Road At. Metoda, Rajkot, Gujarat, India – 360021
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Orbit Bearings (India) 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
Brands
Orbit Bearings (India) operates one associated brand: Orbit Bearings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces taper and cylindrical roller bearings for trucks and industrial uses. | orbitbearings.com |
Business activity
The main business activity of Orbit Bearings (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Orbit Bearings (India) Pvt. Ltd., buy the company report.
Financials of Orbit Bearings (India) Pvt. Ltd.
FY 2025 filings availableOrbit Bearings (India) Pvt. Ltd. reported revenue of ₹695.82 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 41% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹695.82 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹191.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹122.29 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.5% | ||||
| Net Profit Margin | 17.6% | ||||
| 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 Orbit Bearings (India) Pvt. Ltd., buy the company report.
Board of directors of Orbit Bearings (India) Pvt. Ltd.
Orbit Bearings (India) has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Rasiklal Patel Also directs: Orbit Urban Projects LLP | Whole-Time Director | 25 Aug 2011 | 15 Years 2 Months | Current |
| Sanjay Maganlal Varasada Also directs: Orbit Urban Projects LLP | Whole-Time Director | 25 Aug 2011 | 15 Years 2 Months | Current |
| Pankaj Maganlal Varasada | Managing Director | 16 Jan 1990 | 36 Years 9 Months | Current |
| Vineshkumar Babulal Patel | Managing Director | 16 Jan 1990 | 36 Years 9 Months | Current |
| Vipul Babulal Patel Also directs: Orbit Urban Projects LLP, Orbit Heights Owners Association | Managing Director | 16 Jan 1990 | 36 Years 9 Months | Current |
Peer comparison
Orbit Bearings (India) Pvt. Ltd. is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Bearings, Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.N.Gupta and Company Limited | ₹745.67 Cr (FY 2025) | 2.0% | Doraha, Punjab, India | |||
| Arcelormittal Neel Tailored Blanks Private Limited | ₹723.15 Cr (FY 2025) | 8.0% | Sriperumpudur, Tamil Nadu, India | |||
| Deepak Fasteners Limited | ₹707.56 Cr (FY 2025) | 2.0% | Ludhiana, Punjab, India | |||
| Orbit Bearings (India) Pvt. Ltd.this company | ₹695.82 Cr (FY 2025) | ₹122.29 Cr | 17.6% | -5.0% | 951 | Rajkot, Gujarat, India |
| Sree Sumangala Metals and Industries Private Limited | ₹682.33 Cr (FY 2024) | -14.0% | Chennai, Tamil Nadu, India | |||
| Shivalik Engineering Industries Limited | ₹663.16 Cr (FY 2025) | -4.0% | Durg, Chhattisgarh, India |
To see the full peer comparison of Orbit Bearings (India) Pvt. Ltd., buy the company report.
Auditor
Orbit Bearings (India) Pvt. Ltd. is audited by Kotak & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kotak & Co. | FY 2024 | 105276W |
Shareholding
The shareholding of Orbit Bearings (India) 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 Orbit Bearings (India) Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2010 | 10248088 | Idbi Bank Limited | ₹4 Cr | Open | |
| 03 Feb 1997 | 90104674 | State Bank of Saurashtra | ₹- | Satisfied | |
| 25 Jan 1996 | 90104637 | State Bank of Saurashtra | ₹- | Satisfied | |
| 25 Jan 1996 | 90107232 | State Bank of Saurashtra | ₹- | Satisfied | |
| 04 Jun 1990 | 90104453 | State Bank of Saurashtra | ₹- | Satisfied |
To see the full charge records of Orbit Bearings (India) Pvt. Ltd., buy the company report.
Total charge records: 6 View all charges
Deals & funding
Orbit Bearings (India) Pvt. Ltd. has 2 deals on record (2 secondary share transfers); the latest was in March 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Orbit Bearings (India) Pvt. Ltd. has 16 court cases on record: 8 filed by Orbit Bearings (India), 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 0 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (RECO33C1 LC) | Filed against the company by individuals | Disposed |
| District court, RAJKOT, Gujarat | Court case (RECO33C1 LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (RECO33C1 LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Orbit Bearings (India) 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
Orbit Bearings (India) Pvt. Ltd. has 2 MSME Form 1 returns on record between 2018 and 2019, listing 32 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 |
|---|---|---|---|
| Rhenium Tech Rings | |||
| Narmada Rings Private Limited | |||
| Samrosh Engineering | |||
| an individual supplier | |||
| Trust Fintech Limited |
To see the full MSME payment records of Orbit Bearings (India) Pvt. Ltd., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Orbit Bearings (India) Pvt. Ltd. has a workforce of 951 employees on its EPFO records as of Jan 19, 2025, across 1 active EPFO establishment.
GST
Orbit Bearings (India) has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO2476K1ZD | Gujarat | Active | 01 Jul 2017 |
| 06AAACO2476K1ZB | Haryana | Active | 08 Jul 2019 |
| 05AAACO2476K1ZD | Uttarakhand | Active | 11 Jul 2019 |
| 33AAACO2476K1ZE | Tamil Nadu | Active | 15 Jul 2019 |
To see the full GST registrations and return filing status of Orbit Bearings (India) Pvt. Ltd., buy the company report.
Recent activity
Orbit Bearings (India) Pvt. Ltd. has 6 board changes on record since 1990: 5 appointments and 1 cessation. The latest: Vipul Babulal Patel ceased to be Whole-Time Director on 01 Dec 2016.
9 earlier events are in the company report.
Frequently asked questions
Orbit Bearings (India) is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 16 January 1990 (36+ years old) and is registered under CIN U29130GJ1990PTC013245.
Orbit Bearings (India) has 5 current directors:
- Pankaj Maganlal Varasada - Managing Director
- Vineshkumar Babulal Patel - Managing Director
- Vipul Babulal Patel - Managing Director
- Samir Rasiklal Patel - Whole-Time Director
- Sanjay Maganlal Varasada - Whole-Time Director
The latest financial statements of Orbit Bearings (India) 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 Orbit Bearings (India) is 24AAACO2476K1ZD, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AAACO2476K1ZB (Haryana), 05AAACO2476K1ZD (Uttarakhand), 33AAACO2476K1ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Orbit Bearings (India) is U29130GJ1990PTC013245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orbit Bearings (India) has 16 court cases on record: 8 filed by the company and 8 filed against it. Most are in the district courts.
Orbit Bearings (India) was incorporated on 16 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Orbit Bearings (India) has 2 deals on record (2 secondary share transfers); the latest was in March 2021.
The peers of Orbit Bearings (India) by revenue are R.N.Gupta and Company Limited, Arcelormittal Neel Tailored Blanks Private Limited, Deepak Fasteners Limited, Sree Sumangala Metals and Industries Private Limited, Shivalik Engineering Industries Limited, all in the Machinery and Equipment industry (Bearings, Tools and Components), with the same principal business activity (metal and metal products).
Vipul Babulal Patel ceased to be Whole-Time Director on 01 Dec 2016. Samir Rasiklal Patel was appointed as Whole-Time Director on 25 Aug 2011. Sanjay Maganlal Varasada was appointed as Whole-Time Director on 25 Aug 2011. Orbit Bearings (India) has 6 board changes on record in total.
Orbit Bearings (India) has 2 MSME Form 1 returns on record between 2018 and 2019, listing 32 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Orbit Bearings (India) can be reached through the website orbitbearings.com. Its registered office is in Rajkot, Gujarat, India.
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