MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0007245
Rec Engineering Products Private Limited - metals and minerals in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.62 Cr
▲ 285% YoY
Net profit · FY 2024
₹8.37 Cr
Net margin 87%
EBITDA · FY 2024
₹9.57 Cr
EBITDA margin 99.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹24.64 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Rec Engineering Products Private Limited
Data last updated:
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, including 5 filed against it.
Rec Engineering Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0007245). 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.
Company details
CIN U29150KA2005PTC036234
Registration Number 036234
Incorporation Date 04 May 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0007245
Key People
Amar Madhu Hashilkar Whole-Time Director Mamata Amar Hashilkar Director Madhu Rukmanna Hashilkar Director Recognitions & Rankings of Rec Engineering Products
Contact details
Rec Engineering Products Private Limited's registered office is in Belgaum, Karnataka. Its website is recengg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP.No.49/8 6th Cross Bhagyanagar, Belgaum, Karnataka, India – 590006
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Rec Engineering Products Private Limited, buy the company report.
Comprehensive company report
Rec 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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 |
Financials of Rec Engineering Products Private Limited
FY 2024 filings availableRec Engineering Products Private Limited reported revenue of ₹9.62 Cr (up 285% YoY) for FY 2024.
Revenue · FY 2024
₹9.62 Cr ▲ 285%
Net profit · FY 2024
₹8.37 Cr margin 87%
EBITDA · FY 2024
₹9.57 Cr margin 99.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 285%
3 years · compounded
▲ 2%
5 years · compounded
▼ 33%
EBITDA CAGR growth
1 year
▲ 294%
3 years · compounded
▲ 4%
5 years · compounded
▼ 9%
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹9.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.37 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Rec Engineering Products Private Limited, buy the company report.
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.
Current Directors
| 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 1 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 |
Peer comparison
Rec Engineering Products Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Syna Steels Private Limited | ₹9.7 Cr (FY 2022) | -15.0% | Katni, Madhya Pradesh, India | |||
| Motherson Technical Solutions Private Limited | ₹9.69 Cr (FY 2024) | 17.0% | Vadodara, Gujarat, India | |||
| Steel Se Engineering Private Limited | ₹9.67 Cr (FY 2023) | 2.0% | Kolkata, West Bengal, India | |||
| Bal Kishan Vinay Kumar Metal Private Limited | ₹9.66 Cr (FY 2024) | -33.0% | New Delhi, Delhi, India | |||
| Cladding Steel India Private Limited | ₹9.66 Cr (FY 2024) | -1.0% | Faridabad, Haryana, India | |||
| Rec Engineering Products Private Limitedthis company | ₹9.62 Cr (FY 2024) | ₹8.37 Cr | 87% | 285.0% | Belgaum, Karnataka, India | |
| Champakkattu Steel Land Private Limited | ₹9.6 Cr (FY 2024) | Cherthala, Kerala, India | ||||
| J.B.A Steels Private Limited | ₹9.6 Cr (FY 2018) | -92.0% | Chennai, Tamil Nadu, India | |||
| Ig Steel Private Limited | ₹9.59 Cr (FY 2024) | -15.0% | Bhavnagar, Gujarat, India | |||
| Samhwan Steel India Private Limited | ₹9.59 Cr (FY 2025) | 25.0% | Pune, Maharashtra, India | |||
| R.S. Iron Industries Private Limited | ₹9.58 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rec Engineering Products Private Limited, buy the company report.
Auditor
Rec Engineering Products Private Limited is audited by SHIVAKUMAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVAKUMAR & CO | FY 2019 | 003831S |
Shareholding
The shareholding of Rec Engineering Products Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rec Engineering Products Private Limited, buy the company report.
Legal cases
Rec Engineering Products Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by J.P.F Metacast Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by J.P.F Metacast Pvt Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by J P F Matacast Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Perfect Alloys Components (P) Ltd | Disposed |
To see the full case history of Rec Engineering Products 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
No delayed payments to MSME suppliers are on our record for Rec Engineering Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rec Engineering Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCR9998M1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rec Engineering Products Private Limited, buy the company report.
Recent activity
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.
AGM
Rec Engineering Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rec Engineering Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Chandrakant Rukmanna Hashilkar ceased to be Director.
Ceased
Amar Madhu Hashilkar ceased to be Director.
Ceased
Madhu Rukmanna Hashilkar ceased to be Managing Director.
Ceased
Mamata Amar Hashilkar ceased to be Additional Director.
Appointed
Mamata Amar Hashilkar was appointed as Director.
Appointed
Amar Madhu Hashilkar was appointed as Whole-Time Director.
Appointed
Madhu Rukmanna Hashilkar was appointed as Director.
Incorporation
04 May 2005
Rec Engineering Products Private Limited was registered on 04 May 2005 with Roc Bangalore & aged 21 years 5 months as per MCA records.
Frequently asked questions
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 has 3 current directors:
- Amar Madhu Hashilkar - Whole-Time Director
- Mamata Amar Hashilkar - Director
- Madhu Rukmanna Hashilkar - Director
The latest financial statements of Rec Engineering Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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: 5 filed against it.
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.
Yes, Rec Engineering Products is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0007245).
Rec Engineering Products can be reached through the website recengg.com. Its registered office is in Belgaum, Karnataka, India.