- Udyam number
- UDYAM-MH-23-0017616
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About Panchal Engineers (India) Private Limited
Data last updated:
Panchal Engineers (India) Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 17 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28113MH2000PTC127735. Its GSTIN is 27AACCP4753A1ZP (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.93 Cr. It is led by directors including Nikhil Arvind Panchal and Sheela Arvind Panchal.
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 D – 66 M.I.D.C.Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.34 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹4.76 Cr (net margin 9.8%) and EBITDA of ₹10.09 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 18% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.19 Cr and satisfied charges of ₹7.78 Cr on record.
Panchal Engineers (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-23-0017616). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panchalgears.com.
Company details
Recognitions & Rankings of Panchal Engineers (India)
Contact details
Panchal Engineers (India) Private Limited's registered office is in Nashik, Maharashtra. Its website is panchalgears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 66 M.I.D.C.Ambad, Nashik, Maharashtra, India – 422010
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Panchal Engineers (India) 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
Business activity
The main business activity of Panchal Engineers (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 Panchal Engineers (India) Private Limited, buy the company report.
Financials of Panchal Engineers (India) Private Limited
FY 2025 filings availablePanchal Engineers (India) Private Limited reported revenue of ₹48.34 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 17% growth in the latest year. EBITDA rose 1% 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 | ₹10.09 Cr | ||||
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| Net Profit (PAT) | ₹4.76 Cr | ||||
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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 | 20.9% | ||||
| Net Profit Margin | 9.8% | ||||
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To see the full financial statements and ratios of Panchal Engineers (India) Private Limited, buy the company report.
Board of directors of Panchal Engineers (India) Private Limited
Panchal Engineers (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Arvind Panchal | Director | 17 Jul 2000 | 26 Years 3 Months | Current |
| Sheela Arvind Panchal | Director | 17 Jul 2000 | 26 Years 3 Months | Current |
| Arvind Panchal Baloobhai | Director | 17 Jul 2000 | 26 Years 3 Months | Current |
Peer comparison
Panchal Engineers (India) Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (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 |
|---|---|---|---|---|---|---|
| Shareen Auto Private Limited | ₹48.66 Cr (FY 2025) | 2.0% | Nashik, Maharashtra, India | |||
| Danvita (India) Private Limited | ₹48.51 Cr (FY 2023) | 56.0% | Savli, Gujarat, India | |||
| Panchal Engineers (India) Private Limitedthis company | ₹48.34 Cr (FY 2025) | ₹4.76 Cr | 9.8% | 17.0% | 31 | Nashik, Maharashtra, India |
| Trues Steels Private Limited | ₹48.24 Cr (FY 2025) | 8.0% | Chandigarh, India | |||
| Kasuma Auto Engineering Private Limited | ₹48.05 Cr (FY 2025) | 48.0% | Rajkot, Gujarat, India | |||
| Manasi Pressings Private Limited | ₹47.97 Cr (FY 2025) | 20.0% | Pune, Maharashtra, India | |||
| Memco Engineering Pvt Ltd | ₹47.76 Cr (FY 2025) | -5.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Panchal Engineers (India) Private Limited, buy the company report.
Auditor
Panchal Engineers (India) Private Limited is audited by AMIT R. SARDA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT R. SARDA & ASSOCIATES | FY 2024 | 123033W |
Shareholding
The shareholding of Panchal Engineers (India) Private Limited 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) | |||||
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| Others |
To see the full shareholding pattern of Panchal Engineers (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2023 | 100668837 | Sidbi | ₹93.56 Lakh | Open | |
| 28 Aug 2017 | 100122915 | Others | ₹22.26 Cr | Open | |
| 28 Feb 2017 | 100086081 | Others | ₹1.6 Cr | Satisfied | |
| 24 Nov 2011 | 10322776 | State Bank of Bikaner and Jaipur | ₹4.76 Cr | Satisfied | |
| 29 Sep 2009 | 10181082 | The Saraswat Co-Operative Bank Limited | ₹8.3 Lakh | Satisfied |
To see the full charge records of Panchal Engineers (India) Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Panchal Engineers (India) 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 Panchal Engineers (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panchal Engineers (India) Private Limited has a workforce of 31 employees on its EPFO records as of Oct 19, 2025, across 1 active EPFO establishment.
GST
Panchal Engineers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP4753A1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panchal Engineers (India) Private Limited, buy the company report.
Recent activity
Panchal Engineers (India) Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Arvind Panchal Baloobhai was appointed as Director on 17 Jul 2000.
15 earlier events are in the company report.
Frequently asked questions
Panchal Engineers (India) is an active private limited company based in Nashik, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 17 July 2000 (26+ years old) and is registered under CIN U28113MH2000PTC127735.
Panchal Engineers (India) has 3 current directors:
- Nikhil Arvind Panchal - Director
- Sheela Arvind Panchal - Director
- Arvind Panchal Baloobhai - Director
The latest financial statements of Panchal Engineers (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 Panchal Engineers (India) is 27AACCP4753A1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Panchal Engineers (India) is U28113MH2000PTC127735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panchal Engineers (India) was incorporated on 17 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Panchal Engineers (India) by revenue are Shareen Auto Private Limited, Danvita (India) Private Limited, Trues Steels Private Limited, Kasuma Auto Engineering Private Limited, Manasi Pressings Private Limited and 1 more, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Arvind Panchal Baloobhai was appointed as Director on 17 Jul 2000. Nikhil Arvind Panchal was appointed as Director on 17 Jul 2000. Sheela Arvind Panchal was appointed as Director on 17 Jul 2000.
Yes, Panchal Engineers (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-23-0017616).
Panchal Engineers (India) can be reached through the website panchalgears.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Panchal Engineers (India) is at D – 66 M.I.D.C.Ambad, Nashik, Maharashtra, India – 422010.