Ozone Research and Applications (India) Private Limited

Ozone Research and Applications (India) Private Limited - machinery and equipment in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U40200MH2002PTC135883 Incorporated 15 May 2002 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company machinery and equipment MSME
Revenue · FY 2023
₹39.94 Cr
▼ 10% YoY
Net profit · FY 2023
₹2.45 Cr
Net margin 6.1%
EBITDA · FY 2023
₹4.78 Cr
EBITDA margin 12%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.47 Cr
Issued & subscribed
Open charges
₹99.07 Cr
Satisfied ₹19.77 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
122
Provident fund records

About Ozone Research and Applications (India) Private Limited

Data last updated:

Ozone Research and Applications (India) Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 15 May 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40200MH2002PTC135883. Its GSTIN is 27AAACO5472F1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.47 Cr. It was formerly known as Ozone Research and Applications Private Limited. It is led by directors Vishal Vasantrao Waindeskar and Rajesh Narendra Admane.

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 902 Abhang Khare Town Dharampeth, Nagpur, Maharashtra, India – 440010.

As per the financials filed for FY 2023, the company reported a revenue of ₹39.94 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.45 Cr (net margin 6.1%) and EBITDA of ₹4.78 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 39% over five years.

The company has about 122 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Oraipl. As per MCA filings, the company has open charges of ₹99.07 Cr and satisfied charges of ₹19.77 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.

Ozone Research and Applications (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-20-0023239). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oraipl.com.

Company details

CIN U40200MH2002PTC135883
Registration Number 135883
Incorporation Date 15 May 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-20-0023239

Recognitions & Rankings of Ozone Research and Applications (India)

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-20-0023239

Contact details

Ozone Research and Applications (India) Private Limited's registered office is in Nagpur, Maharashtra. Its website is oraipl.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    902 Abhang Khare Town Dharampeth, Nagpur, Maharashtra, India – 440010
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Ozone Research and Applications (India) Private Limited, buy the company report.

Comprehensive company report
Ozone Research and Applications (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Ozone Research and Applications (India) operates one associated brand: ORAIPL. Each brand links to its own profile.

BrandDescriptionWebsite
Ozone generator manufacturing, ozonation systems, and green hydrogen production in India.oraipl.com

Financials of Ozone Research and Applications (India) Private Limited

FY 2025 filings available

Ozone Research and Applications (India) Private Limited reported revenue of ₹39.94 Cr (down 10% YoY) for FY 2023.

Revenue · FY 2023
₹39.94 Cr ▼ 10%
Net profit · FY 2023
₹2.45 Cr margin 6.1%
EBITDA · FY 2023
₹4.78 Cr margin 12%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 42%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 26%
5 years · compounded
▲ 21%

Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹39.94 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.78 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.45 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin12%
Net Profit Margin6.1%
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 Ozone Research and Applications (India) Private Limited, buy the company report.

Board of directors of Ozone Research and Applications (India) Private Limited

Ozone Research and Applications (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Auditor

Ozone Research and Applications (India) Private Limited is audited by VIJAYWARGI KHABIYA & SAOJI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VIJAYWARGI KHABIYA & SAOJIFY 2023138618W

Shareholding

The shareholding of Ozone Research and Applications (India) 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 categoryFY 2023FY 2021FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ozone Research and Applications (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹99.07 Cr
Satisfied charges
₹19.77 Cr
Breakdown by lending institutions
Others₹99.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Sep 2024101001806Others₹70 LakhOpen
15 Dec 2023100834011Others₹47 CrOpen
31 Oct 2023100826872Others₹22.38 CrOpen
31 Oct 2019100301271Others₹14.99 CrOpen
25 Sep 2019100301268Others₹14 CrOpen

To see the full charge records of Ozone Research and Applications (India) Private Limited, buy the company report.

Total charge records: 9 View all charges

Credit ratings & regulatory alerts

Ozone Research and Applications (India) Private Limited was last rated by Care on 10 Feb 2023.

Rating agencyRated onRating
Care10 Feb 2023

To see the full credit ratings and regulatory alerts of Ozone Research and Applications (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ozone Research and Applications (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Ozone Research and Applications (India) has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mak Power and Control Private LimitedU31909MH1988PTC050051
Fly Ash Benefactor Private LimitedU74900MH2000PTC126448

To see the full group structure of Ozone Research and Applications (India) Private Limited, buy the company report.

GST

Ozone Research and Applications (India) has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACO5472F1ZGMaharashtraActive01 Jul 2017
20AAACO5472F1ZUJharkhandActive01 Jul 2017

To see the full GST registrations and return filing status of Ozone Research and Applications (India) Private Limited, buy the company report.

Recent activity

Ozone Research and Applications (India) Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Abhishek Vijayvargi ceased to be Director on 26 Mar 2025.

Charges
A charge with Others of Rs. 47.00 Cr registered on 15 Dec 2023 with Charge ID 100834011 was modified on 26 Nov 2025.
AGM
Ozone Research And Applications (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ozone Research And Applications (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Abhishek Vijayvargi ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 101001806 was registered on 13 Sep 2024.
Charges
A charge with Others amounted to Rs. 47.00 Cr with Charge ID 100834011 was registered on 15 Dec 2023.
Charges
A charge with Others amounted to Rs. 22.38 Cr with Charge ID 100826872 was registered on 31 Oct 2023.
Charges
A charge with Others of Rs. 14.99 Cr registered on 31 Oct 2019 with Charge ID 100301271 was modified on 23 Feb 2023.
Charges
A charge registered on 23 Nov 2004 via Charge ID 90146799 with The United Western Bank Limited was fully satisfied on 18 Jun 2020.
Charges
A charge registered on 23 Aug 2004 via Charge ID 90145356 with The United Western Bank Limited was fully satisfied on 18 Jun 2020.
Charges
A charge with Others amounted to Rs. 14.99 Cr with Charge ID 100301271 was registered on 31 Oct 2019.
Charges
A charge registered on 28 Jul 2006 via Charge ID 10016877 with Idbi Bank Limited was fully satisfied on 16 Oct 2019.

12 earlier events are in the company report.

Frequently asked questions

Ozone Research and Applications (India) is an active private limited company based in Nagpur, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 15 May 2002 (24+ years old) and is registered under CIN U40200MH2002PTC135883.

Ozone Research and Applications (India) has 2 current directors:

The latest financial statements of Ozone Research and Applications (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 Ozone Research and Applications (India) is 27AAACO5472F1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AAACO5472F1ZU (Jharkhand).

The CIN (Corporate Identification Number) of Ozone Research and Applications (India) is U40200MH2002PTC135883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ozone Research and Applications (India) has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.

Ozone Research and Applications (India) was incorporated on 15 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.

Abhishek Vijayvargi ceased to be Director on 26 Mar 2025. Abhishek Vijayvargi was appointed as Director on 25 Jun 2018. Rajesh Narendra Admane was appointed as Director on 15 May 2002. Ozone Research and Applications (India) has 4 board changes on record in total.

Yes, Ozone Research and Applications (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-20-0023239).

Ozone Research and Applications (India) can be reached through the website oraipl.com. Its registered office is in Nagpur, Maharashtra, India.