About Rec Engineering Products Private Limited
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Rec Engineering Products Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 04 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29150KA2005PTC036234. Its GSTIN is 29AACCR9998M1Z5 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹24.64 Lakh. It is led by directors including Amar Madhu Hashilkar (Whole-Time Director) and Mamata Amar Hashilkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at P.No.49/8 6th Cross Bhagyanagar, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.62 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.37 Cr (net margin 87%) and EBITDA of ₹9.57 Cr (EBITDA margin 99.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 33% over five years.
The company is associated with 1 brand: REC Engineering Products. Court records list 5 cases involving the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website recengg.com.
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- Website
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- Registered AddressP.No.49/8 6th Cross Bhagyanagar, Belgaum, Karnataka, India – 590006
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Financials of Rec Engineering Products Private Limited FY 2024 filings available
Rec Engineering Products Private Limited reported revenue of ₹9.62 Cr (up 285% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rec Engineering Products Private Limited
Revenue rose 285% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 33%. EBITDA rose 294% 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 of Rec Engineering Products Private Limited
| 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 | ₹9.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.37 Cr | •••• | •••• | •••• | •••• |
| 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 of Rec Engineering Products Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 87% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rec Engineering Products are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rec Engineering Products Private Limited
Rec Engineering Products Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Syna Steels Private Limited | •••• | •••• | •••• | •••• | 165 | Katni, Madhya Pradesh, India |
| Motherson Technical Solutions Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Steel Se Engineering Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Bal Kishan Vinay Kumar Metal Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Cladding Steel India Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Rec Engineering Products Private Limited this company | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Champakkattu Steel Land Private Limited | •••• | •••• | •••• | •••• | - | Cherthala, Kerala, India |
| J.B.A Steels Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ig Steel Private Limited | •••• | •••• | •••• | •••• | - | Bhavnagar, Gujarat, India |
| Samhwan Steel India Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| R.S. Iron Industries Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Rec Engineering Products by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Rec Engineering Products Private Limited
Rec Engineering Products Private Limited is audited by SHIVAKUMAR & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIVAKUMAR & CO | Locked | Locked | Locked |
Complete auditor history
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 Rec Engineering Products Private Limited
Rec Engineering Products has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Madhu Hashilkar Also directs: Rec Flow Technologies LLP, Rec.Flow Controls Private Limited | Whole-Time Director | 04 May 2005 | 21 Years 5 Months | Current |
| Mamata Amar Hashilkar Also directs: Rec Flow Technologies LLP, Rec.Flow Controls Private Limited | Director | 23 Sep 2013 | 13 Years 0 Months | Current |
| Madhu Rukmanna Hashilkar Also directs: Rec Flow Technologies LLP, Rec.Flow Controls Private Limited | Director | 04 May 2005 | 21 Years 5 Months | Current |
Ownership and Shareholding of Rec Engineering Products Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rec Engineering Products Private Limited
Rec Engineering Products Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Rec Engineering Products Private Limited
Rec Engineering Products Private Limited has 5 court cases on record: 5 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Rec Engineering Products Private Limited
Rec Engineering Products operates one associated brand: REC Engineering Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of castings and machined components for pumps and valves in India. | recengg.com |
Employees and EPFO Compliance at Rec Engineering Products Private Limited
Employment history and EPFO contributions of people linked to Rec Engineering Products.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rec Engineering Products Private Limited
Rec Engineering Products Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Chandrakant Rukmanna Hashilkar ceased to be Director on 09 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for Rec Engineering Products Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rec Engineering Products Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rec Engineering Products Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rec Engineering Products Private Limited
Rec Engineering Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCR9998M1Z5 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rec Engineering Products Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rec Engineering Products Private Limited
Rec Engineering Products is an active private limited company based in Belgaum, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 04 May 2005 (21+ years old) and is registered under CIN U29150KA2005PTC036234.
Rec Engineering Products reported revenue of ₹9.62 Cr for FY 2024 (up 285% YoY).
Rec Engineering Products has 3 current directors:
- Amar Madhu Hashilkar - Whole-Time Director
- Mamata Amar Hashilkar - Director
- Madhu Rukmanna Hashilkar - Director
Rec Engineering Products reported a net profit of ₹8.37 Cr (net margin 87%) and EBITDA of ₹9.57 Cr (EBITDA margin 99.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rec Engineering Products is 2% over three years and -33% over five years. In the latest year (FY 2024) revenue rose 285%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rec Engineering Products is 29AACCR9998M1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Rec Engineering Products is U29150KA2005PTC036234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rec Engineering Products has 5 court cases on record.
Rec Engineering Products was incorporated on 04 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rec Engineering Products by revenue are Syna Steels Private Limited, Motherson Technical Solutions Private Limited, Steel Se Engineering Private Limited, Bal Kishan Vinay Kumar Metal Private Limited, Cladding Steel India Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Chandrakant Rukmanna Hashilkar ceased to be Director on 09 Jun 2018. Amar Madhu Hashilkar ceased to be Director on 11 May 2015. Madhu Rukmanna Hashilkar ceased to be Managing Director on 11 May 2015. Rec Engineering Products has 7 board changes on record in total.