MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0087463
Panva Engineering Private Limited - energy and power in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.63 Cr
▼ 3% YoY
Net profit · FY 2025
₹27.56 Lakh
Net margin 4.9%
EBITDA · FY 2025
₹48.34 Lakh
EBITDA margin 8.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹2.6 Cr
Satisfied ₹2.34 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
13
Provident fund records
About Panva Engineering Private Limited
Data last updated:
Panva Engineering Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 11 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32100MH1986PTC040072. Its GSTIN is 27AABCP8841L1ZY (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Ajinkya Suresh Joshi and Suresh Sadashivrao Joshi.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 44 MIDC Area Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.63 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹27.56 Lakh (net margin 4.9%) and EBITDA of ₹48.34 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.6 Cr and satisfied charges of ₹2.34 Cr on record. Court records list 15 cases involving the company, including 15 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Lakh; the latest was in April 2009. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 13 overdue payments to 11 micro and small suppliers.
Panva Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0087463). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panvaengineering.com.
Company details
CIN U32100MH1986PTC040072
Registration Number 040072
Incorporation Date 11 June 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0087463
Key People
Ajinkya Suresh Joshi Director Suresh Sadashivrao Joshi Director Shubhada Suresh Joshi Director Recognitions & Rankings of Panva Engineering
Contact details
Panva Engineering Private Limited's registered office is in Nashik, Maharashtra. Its website is panvaengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 44 MIDC Area Ambad, Nashik, Maharashtra, India – 422010
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Panva Engineering Private Limited, buy the company report.
Comprehensive company report
Panva Engineering 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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Business activity
The main business activity of Panva Engineering is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Panva Engineering Private Limited, buy the company report.
Financials of Panva Engineering Private Limited
FY 2025 filings availablePanva Engineering Private Limited reported revenue of ₹5.63 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹5.63 Cr ▼ 3%
Net profit · FY 2025
₹27.56 Lakh margin 4.9%
EBITDA · FY 2025
₹48.34 Lakh margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 2%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 21%
5 years · compounded
▲ 3%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 6% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹48.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.56 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Panva Engineering Private Limited, buy the company report.
Board of directors of Panva Engineering Private Limited
Panva Engineering has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajinkya Suresh Joshi | Director | 11 Oct 2005 | 21 Years 0 Months | Current |
| Suresh Sadashivrao Joshi | Director | 11 Jun 1986 | 40 Years 4 Months | Current |
| Shubhada Suresh Joshi | Director | 11 Jun 1986 | 40 Years 4 Months | Current |
| Sneha Ajinkya Joshi Also directs: Bhide and Sons Pvt Ltd | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Panva Engineering Private Limited is audited by B. G. KALE & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. G. KALE & COMPANY | FY 2022 | 120842W |
Shareholding
The shareholding of Panva Engineering Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panva Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.6 Cr
Satisfied charges
₹2.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2000 | 90242275 | State Bank of India | ₹2.6 Cr | Open | |
| 31 Mar 2003 | 80033036 | State Bank of India | ₹2.34 Cr | Satisfied |
To see the full charge records of Panva Engineering Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Panva Engineering Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Lakh; the latest was in April 2009.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹5 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Jun 2007 | Funding round | ₹5 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Panva Engineering Private Limited has 15 court cases on record: 15 filed by Panva Engineering. All cases are disposed.
Total cases
15
Filed by the company
15
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Stelmec Ltd THR. Hamza Arsiwla | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Panva Engineering 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
Panva Engineering Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 13 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Automatic Electric Limited | |||
| Naina Semi Conductor Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Panva Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Panva Engineering Private Limited has a workforce of 13 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-13.33%
GST
Panva Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP8841L1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panva Engineering Private Limited, buy the company report.
Recent activity
Panva Engineering Private Limited has 6 board changes on record since 1986: 4 appointments and 2 cessations. The latest: Sneha Ajinkya Joshi ceased to be Additional Director on 15 Sep 2025.
AGM
Panva Engineering Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Ceased
Sneha Ajinkya Joshi ceased to be Additional Director.
Appointed
Sneha Ajinkya Joshi was appointed as Director.
Ceased
Suresh Sadashivrao Joshi ceased to be Director.
Filing
Panva Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 260.00 Lakh registered on 27 Apr 2000 with Charge ID 90242275 was modified on 26 Sep 2022.
Charges
A charge registered on 31 Mar 2003 via Charge ID 80033036 with State Bank Of India was fully satisfied on 22 May 2019.
Charges
A charge with State Bank Of India of Rs. 234.11 Lakh registered on 31 Mar 2003 with Charge ID 80033036 was modified on 29 Dec 2008.
Appointed
Ajinkya Suresh Joshi was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 234.11 Lakh with Charge ID 80033036 was registered on 31 Mar 2003.
Charges
A charge with State Bank Of India amounted to Rs. 260.00 Lakh with Charge ID 90242275 was registered on 27 Apr 2000.
Appointed
Shubhada Suresh Joshi was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Panva Engineering is an active private limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 11 June 1986 (40+ years old) and is registered under CIN U32100MH1986PTC040072.
Panva Engineering has 4 current directors:
- Ajinkya Suresh Joshi - Director
- Suresh Sadashivrao Joshi - Director
- Shubhada Suresh Joshi - Director
- Sneha Ajinkya Joshi - Director
The latest financial statements of Panva Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Panva Engineering is 27AABCP8841L1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Panva Engineering is U32100MH1986PTC040072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panva Engineering has 15 court cases on record: 15 filed by the company.
Panva Engineering was incorporated on 11 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Panva Engineering has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Lakh; the latest was in April 2009.
Sneha Ajinkya Joshi ceased to be Additional Director on 15 Sep 2025. Sneha Ajinkya Joshi was appointed as Director on 01 Jun 2025. Suresh Sadashivrao Joshi ceased to be Director on 22 Apr 2025. Panva Engineering has 6 board changes on record in total.
Yes, Panva Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0087463).
Panva Engineering has 2 MSME Form 1 returns on record between 2019 and 2020, listing 13 overdue payments to 11 micro and small suppliers. The latest return was filed on 02 Nov 2020.