MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0106487
Productivity Aids Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.8 Cr
▼ 13% YoY
Net profit · FY 2024
₹87.06 Lakh
Net margin 9.9%
EBITDA · FY 2024
₹1.43 Cr
EBITDA margin 16.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.8 Lakh
Issued & subscribed
Satisfied charges
₹1.21 Cr
No open charges
Company age
38 yrs
Est. 1988
Directors on board
4
As per MCA filings
About Productivity Aids Private Limited
Data last updated:
Productivity Aids Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 09 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299MH1988PTC046456. Its GSTIN is 27AABCP0351P1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.8 Lakh. It is led by directors including Anjali Shirish Bagal and Yash Shrish Bagal.
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 J 336 M I D Cbhisari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.8 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹87.06 Lakh (net margin 9.9%) and EBITDA of ₹1.43 Cr (EBITDA margin 16.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹1.21 Cr on record.
Productivity Aids Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0106487). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prodaids.com.
Company details
CIN U29299MH1988PTC046456
Registration Number 046456
Incorporation Date 09 March 1988
ROC Pune
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-26-0106487
Recognitions & Rankings of Productivity Aids
Contact details
Productivity Aids Private Limited's registered office is in Pune, Maharashtra. Its website is prodaids.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJ 336 M I D Cbhisari, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Productivity Aids Private Limited, buy the company report.
Comprehensive company report
Productivity Aids 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 Productivity Aids is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Productivity Aids Private Limited, buy the company report.
Financials of Productivity Aids Private Limited
FY 2025 filings availableProductivity Aids Private Limited reported revenue of ₹8.8 Cr (down 13% YoY) for FY 2024.
Revenue · FY 2024
₹8.8 Cr ▼ 13%
Net profit · FY 2024
₹87.06 Lakh margin 9.9%
EBITDA · FY 2024
₹1.43 Cr margin 16.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 20%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 70%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 13% fall in the latest year. EBITDA fell 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87.06 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Productivity Aids Private Limited, buy the company report.
Board of directors of Productivity Aids Private Limited
Productivity Aids 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 |
|---|---|---|---|---|
| Anjali Shirish Bagal Also directs: Alliance Winding Equipment India Private Limited | Director | 01 Apr 2002 | 24 Years 7 Months | Current |
| Yash Shrish Bagal | Director | 19 Dec 2018 | 7 Years 10 Months | Current |
| Shirish Shyam Bagal Also directs: Alliance Winding Equipment India Private Limited | Director | 01 Apr 2002 | 24 Years 7 Months | Current |
| Bagal Gautam Shirish | Director | 19 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Productivity Aids Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextfirst Engineering Technologies Private Limited | ₹8.83 Cr (FY 2024) | -30.0% | Bangalore, Karnataka, India | |||
| Productivity Aids Private Limitedthis company | ₹8.8 Cr (FY 2024) | ₹87.06 Lakh | 9.9% | -13.0% | Pune, Maharashtra, India | |
| Packmen Machineries Private Limited | ₹8.76 Cr (FY 2025) | 2.0% | Angamaly, Kerala, India | |||
| Indoblast Exim Private Limited | ₹8.76 Cr (FY 2025) | 15.0% | Goregaon East Mumbai, Maharashtra, India |
To see the full peer comparison of Productivity Aids Private Limited, buy the company report.
Auditor
Productivity Aids Private Limited is audited by Morab & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Morab & Associates | FY 2022 | 119493W |
Shareholding
The shareholding of Productivity Aids 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 Productivity Aids Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.21 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2017 | 100151805 | Canara Bank | ₹25 Lakh | Satisfied | |
| 19 Jul 2005 | 90089026 | Canara Bank | ₹80 Lakh | Satisfied | |
| 25 Mar 2003 | 90086346 | Bhagini Nivedita Sahakari Bank Ltd. | ₹2.77 Lakh | Satisfied | |
| 15 Nov 2000 | 90085536 | Bhagini Nividita Sahakari Bank Ltd. | ₹2.55 Lakh | Satisfied | |
| 08 Mar 1997 | 90084592 | Bhagini Nivedita Sahakari Bank Ltd. | ₹11.07 Lakh | Satisfied |
To see the full charge records of Productivity Aids Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Productivity Aids 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 Productivity Aids Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Productivity Aids has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP0351P1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Productivity Aids Private Limited, buy the company report.
Recent activity
Productivity Aids Private Limited has 8 board changes on record since 2002: 4 appointments and 4 cessations. The latest: Shreedevi Shyam Bagal ceased to be Director on 14 Sep 2023.
AGM
Productivity Aids Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Productivity Aids Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Shreedevi Shyam Bagal ceased to be Director.
Charges
A charge registered on 06 May 2017 via Charge ID 100151805 with Canara Bank was fully satisfied on 08 Sep 2020.
Charges
A charge registered on 19 Jul 2005 via Charge ID 90089026 with Canara Bank was fully satisfied on 05 Sep 2020.
Ceased
Bagal Gautam Shirish ceased to be Additional Director.
Ceased
Yash Shrish Bagal ceased to be Additional Director.
Appointed
Bagal Gautam Shirish was appointed as Director.
Appointed
Yash Shrish Bagal was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 25.00 Lakh with Charge ID 100151805 was registered on 06 May 2017.
Charges
A charge with Canara Bank of Rs. 80.00 Lakh registered on 19 Jul 2005 with Charge ID 90089026 was modified on 25 Aug 2016.
Charges
A charge registered on 25 Mar 2003 via Charge ID 90086346 with Bhagini Nivedita Sahakari Bank Ltd. was fully satisfied on 24 Jul 2012.
10 earlier events are in the company report.
Frequently asked questions
Productivity Aids is an active private limited company based in Pune, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 09 March 1988 (38+ years old) and is registered under CIN U29299MH1988PTC046456.
Productivity Aids has 4 current directors:
- Anjali Shirish Bagal - Director
- Yash Shrish Bagal - Director
- Shirish Shyam Bagal - Director
- Bagal Gautam Shirish - Director
The latest financial statements of Productivity Aids 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 Productivity Aids is 27AABCP0351P1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Productivity Aids is U29299MH1988PTC046456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Productivity Aids was incorporated on 09 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Productivity Aids by revenue are Nextfirst Engineering Technologies Private Limited, Packmen Machineries Private Limited, Indoblast Exim Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shreedevi Shyam Bagal ceased to be Director on 14 Sep 2023. Bagal Gautam Shirish ceased to be Additional Director on 25 Sep 2019. Yash Shrish Bagal ceased to be Additional Director on 25 Sep 2019. Productivity Aids has 8 board changes on record in total.
Yes, Productivity Aids is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0106487).
Productivity Aids can be reached through the website prodaids.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Productivity Aids is at J 336 M I D Cbhisari, Pune, Maharashtra, India – 411026.
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