Parag Engineering Products Private Limited

Parag Engineering Products Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U28100MH1964PTC013060 Incorporated 19 November 1964 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2024
₹20.92 Cr
▼ 1% YoY
Net profit · FY 2024
₹10.54 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹57.66 Lakh
EBITDA margin 2.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10.42 Lakh
Issued & subscribed
Open charges
₹2.69 Cr
Satisfied ₹75 Lakh
Company age
62 yrs
Est. 1964
Employees · EPFO
55
Provident fund records

About Parag Engineering Products Private Limited

Data last updated:

Parag Engineering Products Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 19 November 1964 and has been in existence for over 62 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28100MH1964PTC013060. Its GSTIN is 27AACCP2592D1ZI (Maharashtra).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.42 Lakh. It is led by directors including Sharad Meghji Mehta and Hasmukh Meghji Mehta.

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 121 Government Industrial Estate Kandivali W, Mumbai, Maharashtra, India.

As per the financials filed for FY 2024, the company reported a revenue of ₹20.92 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.54 Lakh (net margin 0.5%) and EBITDA of ₹57.66 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.

The company has about 55 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.69 Cr and satisfied charges of ₹75 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.

Parag Engineering Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0059405). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U28100MH1964PTC013060
Registration Number 013060
Incorporation Date 19 November 1964
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0059405

Recognitions & Rankings of Parag Engineering Products

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0059405

Contact details

Parag Engineering Products Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    121 Government Industrial Estate Kandivali W, Mumbai, Maharashtra, India
  • Industry
    Food and Beverages, Bakery & Confectionery Products

To see the full contact details of Parag Engineering Products Private Limited, buy the company report.

Comprehensive company report
Parag Engineering Products 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 Parag Engineering Products is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Parag Engineering Products Private Limited, buy the company report.

Financials of Parag Engineering Products Private Limited

FY 2025 filings available

Parag Engineering Products Private Limited reported revenue of ₹20.92 Cr (down 1% YoY) for FY 2024.

Revenue · FY 2024
₹20.92 Cr ▼ 1%
Net profit · FY 2024
₹10.54 Lakh margin 0.5%
EBITDA · FY 2024
₹57.66 Lakh margin 2.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 6%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 2%
5 years · compounded
▼ 9%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 22% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹57.66 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.54 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.8%
Net Profit Margin0.5%
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 Parag Engineering Products Private Limited, buy the company report.

Board of directors of Parag Engineering Products Private Limited

Parag Engineering Products has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sharad Meghji MehtaDirector15 Jul 199432 Years 3 MonthsCurrent
Hasmukh Meghji MehtaDirector01 May 199432 Years 6 MonthsCurrent
Vasant Meghji RajyagorDirector07 Feb 199234 Years 8 MonthsCurrent

Auditor

Parag Engineering Products Private Limited is audited by T. M. GOSHER & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
T. M. GOSHER & ASSOCIATESFY 2022103345W

Shareholding

The shareholding of Parag Engineering Products 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 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Parag Engineering Products Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.69 Cr
Satisfied charges
₹75 Lakh
Breakdown by lending institutions
Axis Bank Limited₹2.00 Cr
The North Kanara G. S. B. Bank Ltd₹0.51 Cr
Canara Bank₹0.10 Cr
Citycorp Finance (India) Ltd.₹0.04 Cr
Maharashtra State Financial Corporation₹0.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 May 201210361382Axis Bank Limited₹2 CrOpen
15 Jul 200490223555Citycorp Finance (India) Ltd.₹4.25 LakhOpen
21 Oct 199390222240The North Kanara G. S. B. Bank Ltd₹1.95 LakhOpen
21 Oct 199390225925The North Kanara G. S. B. Bank Ltd₹1.95 LakhOpen
05 Mar 199390226657The North Kanara G. S. B. Bank Ltd₹47.25 LakhOpen

To see the full charge records of Parag Engineering Products Private Limited, buy the company report.

Total charge records: 14 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Parag Engineering Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Parag Engineering Products Private Limited has a workforce of 55 employees on its EPFO records as of Oct 08, 2025, across 2 active EPFO establishments.

Employee count
55
Active EPFO establishments
2
Employee growth
-1.79%

GST

Parag Engineering Products has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCP2592D1ZIMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Parag Engineering Products Private Limited, buy the company report.

Recent activity

Parag Engineering Products Private Limited has 3 board changes on record since 1992: 3 appointments. The latest: Sharad Meghji Mehta was appointed as Director on 15 Jul 1994.

AGM
Parag Engineering Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parag Engineering Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Axis Bank Limited of Rs. 200.00 Lakh registered on 17 May 2012 with Charge ID 10361382 was modified on 14 Aug 2017.
Charges
A charge registered on 27 Feb 2007 via Charge ID 10053907 with Citi Bank N.A. was fully satisfied on 03 Dec 2012.
Charges
A charge registered on 31 Oct 2007 via Charge ID 10073435 with Citi Bank N.A. was fully satisfied on 27 Nov 2012.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 10361382 was registered on 17 May 2012.
Charges
A charge with Citi Bank N.A. amounted to Rs. 25.00 Lakh with Charge ID 10073435 was registered on 31 Oct 2007.
Charges
A charge with Citi Bank N.A. amounted to Rs. 50.00 Lakh with Charge ID 10053907 was registered on 27 Feb 2007.
Charges
A charge with Citycorp Finance (India) Ltd. amounted to Rs. 4.25 Lakh with Charge ID 90223555 was registered on 15 Jul 2004.
Appointed
Sharad Meghji Mehta was appointed as Director.
Appointed
Hasmukh Meghji Mehta was appointed as Director.
Charges
A charge with The North Kanara G. S. B. Bank Ltd amounted to Rs. 1.95 Lakh with Charge ID 90222240 was registered on 21 Oct 1993.

14 earlier events are in the company report.

Frequently asked questions

Parag Engineering Products is an active private limited company based in Mumbai, Maharashtra, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 19 November 1964 (62+ years old) and is registered under CIN U28100MH1964PTC013060.

Parag Engineering Products has 3 current directors:

The latest financial statements of Parag Engineering Products 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 Parag Engineering Products is 27AACCP2592D1ZI, registered in Maharashtra.

The CIN (Corporate Identification Number) of Parag Engineering Products is U28100MH1964PTC013060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Parag Engineering Products has 2 court cases on record: 2 filed against it. Most are in the district courts.

Parag Engineering Products was incorporated on 19 November 1964, making it 62+ years old. It is registered with the Registrar of Companies, Mumbai.

Sharad Meghji Mehta was appointed as Director on 15 Jul 1994. Hasmukh Meghji Mehta was appointed as Director on 01 May 1994. Vasant Meghji Rajyagor was appointed as Director on 07 Feb 1992.

Yes, Parag Engineering Products is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0059405).

The registered office of Parag Engineering Products is at 121 Government Industrial Estate Kandivali W, Mumbai, Maharashtra, India.