About Quest Flow Controls Limited
Data last updated:
Quest Flow Controls Limited is a public limited company based in Salcete, Goa, India. It specialises in metalworking, a part of the broader metals and mining sector. Incorporated on 18 August 2016, the company has been in operation for over 10 years.
Registered with ROC Pune under CIN L29299PN2016PLC255620. Listed.
Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.26 Cr. Formerly known as Sander Meson India Private Limited and Quest Flow Controls Limited. It is led by directors including Brijesh Madhav Manerikar and Swaroop Raghuvir Natekar.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gat No 324 Chakan Midc Phase Ii, Village Bhamboli Tal Dist Khed, Maharashtra, India – 410501.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹62.36 Cr, a decline of 7.22% compared to the previous year. The net worth stands at ₹81.9 Cr (up 23.27% YoY). Total assets are valued at ₹87.94 Cr (up 22.92% YoY).
As per MCA filings, the company has open charges of ₹8.36 Cr and satisfied charges of ₹4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mvi.ltd.
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- Registered AddressGat No 324 Chakan Midc Phase Ii, Village Bhamboli Tal Dist Khed, Maharashtra, India – 410501
- IndustryMetal & Minerals, Metalworking
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Quest Flow Controls
Quest Flow Controls has undergone 2 name changes throughout its history. The company was previously known as Sander Meson India Private Limited, and Quest Flow Controls Limited. The current legal name is Quest Flow Controls Limited.
| Company Name | Status |
|---|---|
| Quest Flow Controls Limited | Current |
| Sander Meson India Private Limited | Previous |
CIN History of Quest Flow Controls
Quest Flow Controls has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L29299PN2016PLC255620, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29299PN2016PLC255620 | Current |
| U29299GA2016PLC012972 | Previous |
| L29299GA2016PLC012972 | Previous |
Business Activity of Quest Flow Controls
The main business activity of Quest Flow Controls is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Quest Flow Controls Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Quest Flow Controls
Quest Flow Controls Limited is audited by MEHTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Quest Flow Controls Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Quest Flow Controls Limited
Quest Flow Controls has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijesh Madhav Manerikar Also directs: Tamr Alloys Private Limited, Meson Valves India Private Limited, Nibe Meson Naval Limited and 2 more | Managing Director | 18 Aug 2016 | 10 Years 1 Months | Current |
| Swaroop Raghuvir Natekar Also directs: Tamr Alloys Private Limited, Meson Valves India Private Limited, Nibe Meson Naval Limited and 2 more | Whole-Time Director | 18 Aug 2016 | 10 Years 1 Months | Current |
| Lalit Varshney Also directs: H2o Dynamics India Limited | Director | 12 Dec 2024 | 1 Years 9 Months | Current |
| Sanjay Vasant Patil Also directs: VSP Testing Laboratory Private Limited | Director | 05 May 2023 | 3 Years 4 Months | Current |
| Snehal Vyas Also directs: Toyomo Advanced Materials Limited | Director | 05 May 2023 | 3 Years 4 Months | Current |
| Kishor Dhondu Makvan Also directs: Tamr Alloys Private Limited | Director | 05 May 2023 | 3 Years 4 Months | Current |
Financials of Quest Flow Controls Limited FY 2025-26 filings available
Quest Flow Controls Limited reported revenue of ₹62.36 Cr (down 7.22% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 62.36 | 67.21 |
| Revenue growth | +18.5% | +9997.0% |
| EBITDA | (2.53) | 12.46 |
| EBITDA margin | -4.1% | +18.5% |
| Profit before tax | (0.32) | 8.94 |
| Net profit | (3.40) | 6.79 |
| Net profit margin | -5.5% | +10.1% |
| EPS (₹) | (4.17) | 6.69 |
| Balance sheet | ||
| Total assets | 87.94 | 71.54 |
| Net worth | 81.90 | 66.44 |
| Total debt | 5.48 | 4.72 |
| Cash & bank | 7.18 | 3.06 |
| Net working capital | 51.25 | 47.89 |
| Cash flow | ||
| Cash from operations | (8.04) | 4.49 |
| Cash from investing | (8.21) | (16.27) |
| Cash from financing | 18.84 | 13.07 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 58.58 | 61.10 | 63.14 | 36.65 | 14.10 | 15.32 |
| Revenue growth | +21.7% | +2.2% | +62.8% | +187.2% | -29.7% | +9997.0% |
| EBITDA | (1.54) | 11.70 | 14.78 | 6.95 | 3.76 | 0.61 |
| EBITDA margin | -2.6% | +19.2% | +23.4% | +19.0% | +26.7% | +4.0% |
| Profit before tax | 0.63 | 7.93 | 12.93 | 6.14 | 3.00 | 0.20 |
| Net profit | 1.04 | 6.28 | 9.06 | 4.46 | 2.14 | 0.11 |
| Net profit margin | +1.8% | +10.3% | +14.4% | +12.2% | +15.2% | +0.7% |
| EPS (₹) | 0.15 | 6.18 | 8.91 | 6.45 | 303.63 | 16.87 |
| Balance sheet | ||||||
| Total assets | 91.38 | 71.54 | 65.77 | 31.32 | 11.97 | 9.77 |
| Net worth | 85.34 | 66.44 | 60.16 | 20.07 | 2.68 | 0.55 |
| Total debt | 5.48 | 4.72 | 5.62 | 11.24 | 9.24 | 9.18 |
| Cash & bank | 7.18 | 3.06 | 3.30 | 2.53 | 2.18 | 4.41 |
| Net working capital | 51.25 | 47.89 | 47.92 | 29.12 | 10.38 | 8.66 |
| Cash flow | ||||||
| Cash from operations | (3.06) | 10.15 | (13.12) | (8.03) | (0.71) | 4.05 |
| Cash from investing | (11.65) | (8.88) | (17.20) | (0.49) | (0.82) | (0.45) |
| Cash from financing | 18.84 | (1.51) | 31.09 | 8.70 | (0.72) | (0.60) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 62.36 | 67.21 |
| Revenue growth | +18.5% | +9997.0% |
| Other income | 7.88 | 0.73 |
| Total expenses | 64.89 | 54.75 |
| Employee cost | 9.83 | 6.92 |
| EBITDA | (2.53) | 12.46 |
| EBITDA margin | -4.1% | +18.5% |
| Depreciation | 5.00 | 3.44 |
| Interest | 0.67 | 0.81 |
| Profit before tax | (0.32) | 8.94 |
| Tax | 0.51 | 2.10 |
| Net profit | (3.40) | 6.79 |
| Net profit margin | -5.5% | +10.1% |
| EPS (₹) | (4.17) | 6.69 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 10.26 | 10.16 |
| Reserves & surplus | 56.89 | 56.28 |
| Shareholders' funds (net worth) | 81.90 | 66.44 |
| Minority interest | 0.00 | 0.00 |
| Secured loans | 0.46 | 0.60 |
| Unsecured loans | 5.02 | 4.12 |
| Total debt | 5.48 | 4.72 |
| Total liabilities | 87.94 | 71.54 |
| Assets | ||
| Gross block | 33.62 | 25.22 |
| Net block | 22.74 | 19.23 |
| Capital work in progress | 0.00 | 0.00 |
| Investments | 1.98 | 0.06 |
| Inventories | 17.73 | 7.13 |
| Sundry debtors | 50.35 | 37.75 |
| Cash & bank balances | 7.18 | 3.06 |
| Loans & advances | 13.33 | 12.27 |
| Total current assets | 88.59 | 60.21 |
| Total current liabilities | 37.34 | 12.32 |
| Net working capital | 51.25 | 47.89 |
| Total assets | 87.94 | 71.54 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 4.59 | 3.30 |
| Net cash from operating activities | (8.04) | 4.49 |
| Net cash from investing activities | (8.21) | (16.27) |
| Net cash from financing activities | 18.84 | 13.07 |
| Net change in cash | 2.59 | 1.29 |
| Closing cash | 7.18 | 3.06 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | -7.2% | +9997.0% |
| EBITDA growth | - | +9997.0% |
| PBT growth | - | +9997.0% |
| Net income growth | - | +9997.0% |
| Profitability & leverage | ||
| Net income margin | -1.3% | +10.2% |
| Return on capital employed | +3.7% | +13.6% |
| Return on net worth | +0.0% | +10.3% |
| Debt / equity | 0.07 | 0.07 |
| Long-term debt / equity | 0.06 | 0.07 |
| Interest cover | -8.90 | 8.98 |
| Efficiency & per share | ||
| Fixed asset turnover | 2.12 | 2.66 |
| Inventory turnover | 5.02 | 9.43 |
| Debtors turnover | 1.42 | 1.78 |
| EPS (₹) | (4.17) | 6.69 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 65.46 | 65.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 58.58 | 61.10 | 63.14 | 36.65 | 14.10 | 15.32 |
| Revenue growth | +21.7% | +2.2% | +62.8% | +187.2% | -29.7% | +9997.0% |
| Other income | 7.70 | 0.48 | 0.18 | 0.54 | 0.22 | 0.10 |
| Total expenses | 60.12 | 49.40 | 48.36 | 29.70 | 10.34 | 14.71 |
| Employee cost | 8.41 | 6.04 | 4.27 | 2.66 | 2.00 | 1.28 |
| EBITDA | (1.54) | 11.70 | 14.78 | 6.95 | 3.76 | 0.61 |
| EBITDA margin | -2.6% | +19.2% | +23.4% | +19.0% | +26.7% | +4.0% |
| Depreciation | 4.86 | 3.44 | 1.16 | 0.46 | 0.39 | 0.21 |
| Interest | 0.67 | 0.81 | 0.87 | 0.89 | 0.59 | 0.30 |
| Profit before tax | 0.63 | 7.93 | 12.93 | 6.14 | 3.00 | 0.20 |
| Tax | 0.46 | 1.65 | 3.87 | 1.68 | 0.86 | 0.09 |
| Net profit | 1.04 | 6.28 | 9.06 | 4.46 | 2.14 | 0.11 |
| Net profit margin | +1.8% | +10.3% | +14.4% | +12.2% | +15.2% | +0.7% |
| EPS (₹) | 0.15 | 6.18 | 8.91 | 6.45 | 303.63 | 16.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 10.26 | 10.16 | 10.16 | 6.92 | 0.07 | 0.07 |
| Reserves & surplus | 60.33 | 56.28 | 50.00 | 11.57 | 2.61 | 0.48 |
| Shareholders' funds (net worth) | 85.34 | 66.44 | 60.16 | 20.07 | 2.68 | 0.55 |
| Secured loans | 0.46 | 0.60 | 0.11 | 5.13 | 8.78 | 8.87 |
| Unsecured loans | 5.02 | 4.12 | 5.51 | 6.11 | 0.46 | 0.31 |
| Total debt | 5.48 | 4.72 | 5.62 | 11.24 | 9.24 | 9.18 |
| Total liabilities | 91.38 | 71.54 | 65.77 | 31.32 | 11.97 | 9.77 |
| Assets | ||||||
| Gross block | 33.62 | 25.25 | 16.59 | 2.98 | 2.49 | 1.67 |
| Net block | 22.74 | 19.23 | 13.95 | 1.56 | 1.52 | 1.10 |
| Capital work in progress | 0.00 | 0.00 | 3.58 | 0.00 | 0.00 | 0.00 |
| Investments | 5.42 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 17.73 | 7.13 | 14.70 | 12.60 | 10.10 | 2.91 |
| Sundry debtors | 50.35 | 37.75 | 34.83 | 15.53 | 10.27 | 10.17 |
| Cash & bank balances | 7.18 | 3.06 | 3.30 | 2.53 | 2.18 | 4.41 |
| Loans & advances | 13.33 | 12.27 | 13.56 | 12.23 | 3.25 | 2.46 |
| Total current assets | 88.59 | 60.21 | 66.39 | 42.89 | 25.80 | 19.95 |
| Total current liabilities | 37.34 | 12.32 | 18.47 | 13.77 | 15.42 | 11.29 |
| Net working capital | 51.25 | 47.89 | 47.92 | 29.12 | 10.38 | 8.66 |
| Total assets | 91.38 | 71.54 | 65.77 | 31.32 | 11.97 | 9.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 3.06 | 3.30 | 2.53 | 2.34 | 4.38 | 1.37 |
| Net cash from operating activities | (3.06) | 10.15 | (13.12) | (8.03) | (0.71) | 4.05 |
| Net cash from investing activities | (11.65) | (8.88) | (17.20) | (0.49) | (0.82) | (0.45) |
| Net cash from financing activities | 18.84 | (1.51) | 31.09 | 8.70 | (0.72) | (0.60) |
| Net change in cash | 4.13 | (0.24) | 0.77 | 0.19 | (2.25) | 3.00 |
| Closing cash | 7.18 | 3.06 | 3.30 | 2.53 | 2.18 | 4.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | -4.1% | -3.2% | +72.3% | +159.9% | -8.0% | +9997.0% |
| EBITDA growth | - | -20.8% | +112.7% | +84.8% | +516.4% | +9997.0% |
| PBT growth | -92.1% | -38.7% | +110.6% | +104.7% | +1400.0% | +9997.0% |
| Net income growth | -83.4% | -30.7% | +103.1% | +108.4% | +1845.5% | +9997.0% |
| Revenue CAGR (3Y) | +16.9% | +63.0% | +60.3% | - | - | - |
| EBITDA CAGR (3Y) | - | +46.0% | +189.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +0.3% | +10.3% | +14.4% | +12.2% | +15.2% | +0.7% |
| Return on capital employed | +4.8% | +12.7% | +28.4% | +32.5% | +32.9% | +5.2% |
| Return on net worth | +1.4% | +9.9% | +22.6% | +39.3% | +131.9% | +21.8% |
| Debt / equity | 0.07 | 0.08 | 0.21 | 0.90 | 5.70 | 16.69 |
| Long-term debt / equity | 0.06 | 0.08 | 0.07 | 0.18 | 2.63 | 7.82 |
| Interest cover | -10.47 | 9.81 | 6.39 | 13.71 | 17.51 | 75.00 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 1.99 | 2.92 | 6.45 | 13.40 | 6.78 | 9.17 |
| Inventory turnover | 4.71 | 5.60 | 4.63 | 3.23 | 2.17 | 5.26 |
| Debtors turnover | 1.33 | 1.68 | 2.51 | 2.84 | 1.38 | 1.51 |
| EPS (₹) | 0.15 | 6.18 | 8.91 | 6.45 | 303.63 | 16.87 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 68.82 | 65.39 | 59.21 | 26.72 | 382.44 | 78.81 |
Shareholding Pattern of Quest Flow Controls Limited
Shareholding for the quarter ended Jun 2026: promoters hold 32.50%, foreign institutional investors hold 7.80%, domestic institutional investors hold 2.00% and retail and other public shareholders hold 57.70%.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 32.50% | 32.50% | 32.80% | 32.80% |
| Public | 67.50% | 67.50% | 67.20% | 67.20% |
Charges & Borrowings of Quest Flow Controls
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2025 | Hdfc Bank Limited | ₹8 Cr | Open |
| 04 Feb 2025 | Hdfc Bank Limited | ₹36.21 Lakh | Open |
| 16 Apr 2024 | Others | ₹4 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Quest Flow Controls
Employment history and EPFO contributions of people linked to Quest Flow Controls.
Employee and EPFO history for Quest Flow Controls Limited
Monthly headcount, contribution history and filing status are in the company report.
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GST Compliance of Quest Flow Controls
GST registrations and filing compliance for Quest Flow Controls Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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Credit Ratings, Litigation & Regulatory Alerts for Quest Flow Controls
Credit ratings, litigation, and regulatory alerts for Quest Flow Controls Limited
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Quest Flow Controls
MSME payment history for Quest Flow Controls Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Quest Flow Controls
Corporate group structure for Quest Flow Controls Limited
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MCA Filings & Documents of Quest Flow Controls
MCA filings and documents for Quest Flow Controls Limited
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Recent Activity on Quest Flow Controls
Frequently Asked Questions about Quest Flow Controls Limited
Quest Flow Controls is an active public limited company in the metal and minerals sector based in Salcete, Goa, India. It was incorporated on 18 August 2016 (10+ years old) and is registered under CIN L29299PN2016PLC255620.
Quest Flow Controls reported revenue of ₹62.36 Cr for FY 2025-26 (down 7.22% YoY) based on consolidated financials.
The current directors of Quest Flow Controls are:
- Brijesh Madhav Manerikar - Managing Director
- Swaroop Raghuvir Natekar - Whole-Time Director
- Lalit Varshney - Director
- Sanjay Vasant Patil - Director
- Snehal Vyas - Director
- Kishor Dhondu Makvan - Director
- Soundararajan Balasubramanian - Director
The primary industry of Quest Flow Controls is metal and minerals. The company specifically operates in metalworking. The company is currently active in this sector.
Yes, Quest Flow Controls is a listed company.
Quest Flow Controls can be reached at the registered office: Gat No 324 Chakan Midc Phase Ii, Village Bhamboli Tal Dist Khed, Maharashtra, India – 410501, or through the website mvi.ltd.