MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0013817
Pai Brothers Engineers Private Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹8.88 Cr
▼ 3% YoY
Net loss · FY 2026
₹62.92 Lakh
Net margin -7.1%
EBITDA · FY 2026
₹3.91 Lakh
EBITDA margin 0.4%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.63 Cr
Issued & subscribed
Satisfied charges
₹9.9 Cr
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
14
Provident fund records
About Pai Brothers Engineers Private Limited
Data last updated:
Pai Brothers Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 03 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1993PTC072259. Its GSTIN is 27AABCP9512G1ZF (Maharashtra).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.63 Cr. It is led by directors including Shridhar Pai Raghavendra (Managing Director) and Laxminarayan Raghavendra Pai (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 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹8.88 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹62.92 Lakh (net margin -7.1%) and EBITDA of ₹3.91 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pai Brothers. As per MCA filings, the company has satisfied charges of ₹9.9 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Pai Brothers Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0013817). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paibros.com.
Company details
CIN U29299MH1993PTC072259
Registration Number 072259
Incorporation Date 03 June 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0013817
Key People
Shridhar Pai Raghavendra Managing Director Laxminarayan Raghavendra Pai Managing Director Bharati Laxminarayan Pai Director Recognitions & Rankings of Pai Brothers Engineers
Contact details
Pai Brothers Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is paibros.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address104 Floor – 1 Plot – 131 Buildarch Wisteria Ram Maruti Road Guru Anand Chsl Shivaji Pa, Rk Dadar(W, Mumbai, Maharashtra, India – 400028
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Pai Brothers Engineers Private Limited, buy the company report.
Comprehensive company report
Pai Brothers Engineers 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
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Brands
Pai Brothers Engineers operates one associated brand: Pai Brothers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision engineering manufacturing for sectors like aerospace, automotive, medical, and electronics in India. | paibros.com |
Business activity
The main business activity of Pai Brothers Engineers is manufacturing. In detail, this covers repair and installation of machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 33 | Repair and installation of machinery and equipment |
To see the full business activity and turnover split of Pai Brothers Engineers Private Limited, buy the company report.
Financials of Pai Brothers Engineers Private Limited
FY 2026 filings availablePai Brothers Engineers Private Limited reported revenue of ₹8.88 Cr (down 3% YoY) for FY 2026.
Revenue · FY 2026
₹8.88 Cr ▼ 3%
Net loss · FY 2026
₹62.92 Lakh margin -7.1%
EBITDA · FY 2026
₹3.91 Lakh margin 0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 106%
3 years · compounded
▼ 77%
5 years · compounded
▼ 60%
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 3% fall in the latest year. EBITDA rose 106% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹62.92 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | -7.1% | ||||
| 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 Pai Brothers Engineers Private Limited, buy the company report.
Board of directors of Pai Brothers Engineers Private Limited
Pai Brothers Engineers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shridhar Pai Raghavendra Also directs: Vastukriti Ventures Private Limited | Managing Director | 03 Jun 1993 | 33 Years 5 Months | Current |
| Laxminarayan Raghavendra Pai Also directs: Vastukriti Ventures Private Limited | Managing Director | 01 Apr 1996 | 30 Years 7 Months | Current |
| Bharati Laxminarayan Pai Also directs: Vastukriti Ventures Private Limited | Director | 01 Jun 2011 | 15 Years 5 Months | Current |
| Shraddha Pai Shridhar Also directs: Vastukriti Ventures Private Limited | Director | 01 Jun 2011 | 15 Years 5 Months | Current |
Auditor
Pai Brothers Engineers Private Limited is audited by Sudhir Karambelkar & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudhir Karambelkar & Co | FY 2026 | 117661W |
Shareholding
The shareholding of Pai Brothers Engineers Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pai Brothers Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹9.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2016 | 100065636 | Hdfc Bank Limited | ₹2.25 Cr | Satisfied | |
| 10 Mar 2007 | 10044778 | Bank of Maharashtra | ₹6.75 Cr | Satisfied | |
| 21 Mar 2000 | 90364406 | Bank of Mahrarashtra | ₹22.5 Lakh | Satisfied | |
| 01 Jul 1996 | 90363934 | Bank of Mahrarashtra | ₹25 Lakh | Satisfied | |
| 12 Dec 1995 | 90363861 | Bank of Mahrarashtra | ₹24 Lakh | Satisfied |
To see the full charge records of Pai Brothers Engineers Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Pai Brothers Engineers Private Limited has 3 court cases on record: 3 filed by Pai Brothers Engineers. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against Vodafone Idea Limited | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Vodafone Idea Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IT) | Filed by the company against an individual | Disposed |
To see the full case history of Pai Brothers Engineers Private Limited, 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
Pai Brothers Engineers Private Limited has 9 MSME Form 1 returns on record between 2017 and 2022, listing 51 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| S Banjan and Company India Private Limited | |||
| Sanyo Special Steel Manufacturing India Private Limited | |||
| Korutech India Private Limited. | |||
| Juby Enterprises |
To see the full MSME payment records of Pai Brothers Engineers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pai Brothers Engineers Private Limited has a workforce of 14 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-6.67%
GST
Pai Brothers Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP9512G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pai Brothers Engineers Private Limited, buy the company report.
Recent activity
Pai Brothers Engineers Private Limited has 8 board changes on record since 1993: 4 appointments and 4 cessations. The latest: Laxminarayan Raghavendra Pai ceased to be Manager on 10 Mar 2015.
Filing
Pai Brothers Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Pai Brothers Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 02 Nov 2016 via Charge ID 100065636 with Hdfc Bank Limited was fully satisfied on 07 Jan 2020.
Charges
A charge registered on 21 Mar 2000 via Charge ID 90364406 with Bank Of Mahrarashtra was fully satisfied on 19 Jul 2017.
Charges
A charge registered on 01 Jul 1996 via Charge ID 90363934 with Bank Of Mahrarashtra was fully satisfied on 19 Jul 2017.
Charges
A charge registered on 22 Sep 1995 via Charge ID 90363823 with Bank Of Mahrarashtra was fully satisfied on 19 Jul 2017.
Charges
A charge registered on 20 Sep 1994 via Charge ID 90363702 with Bank Of Mahrarashtra was fully satisfied on 19 Jul 2017.
Charges
A charge registered on 10 Mar 2007 via Charge ID 10044778 with Bank Of Maharashtra was fully satisfied on 06 Mar 2017.
Charges
A charge registered on 12 Dec 1995 via Charge ID 90363861 with Bank Of Mahrarashtra was fully satisfied on 06 Mar 2017.
Charges
A charge with Hdfc Bank Limited of Rs. 2.25 Cr registered on 02 Nov 2016 with Charge ID 100065636 was modified on 08 Nov 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.25 Cr with Charge ID 100065636 was registered on 02 Nov 2016.
Ceased
Laxminarayan Raghavendra Pai ceased to be Manager.
16 earlier events are in the company report.
Frequently asked questions
Pai Brothers Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 03 June 1993 (33+ years old) and is registered under CIN U29299MH1993PTC072259.
Pai Brothers Engineers has 4 current directors:
- Shridhar Pai Raghavendra - Managing Director
- Laxminarayan Raghavendra Pai - Managing Director
- Bharati Laxminarayan Pai - Director
- Shraddha Pai Shridhar - Director
The latest financial statements of Pai Brothers Engineers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pai Brothers Engineers is 27AABCP9512G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pai Brothers Engineers is U29299MH1993PTC072259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pai Brothers Engineers has 3 court cases on record: 3 filed by the company. Most are in the high courts.
Pai Brothers Engineers was incorporated on 03 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxminarayan Raghavendra Pai ceased to be Manager on 10 Mar 2015. Shridhar Pai Raghavendra ceased to be Manager on 10 Mar 2015. Bharati Laxminarayan Pai was appointed as Director on 01 Jun 2011. Pai Brothers Engineers has 8 board changes on record in total.
Yes, Pai Brothers Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0013817).
Pai Brothers Engineers has 9 MSME Form 1 returns on record between 2017 and 2022, listing 51 overdue payments to 18 micro and small suppliers. The latest return was filed on 25 Apr 2022.
Pai Brothers Engineers can be reached through the website paibros.com. Its registered office is in Mumbai, Maharashtra, India.
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