MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-01-0002804
Rushas Engineering Company Private Limited - manufacturing in Ahmednagar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.49 Cr
▼ 11% YoY
Net profit · FY 2025
₹1.39 Cr
Net margin 3.2%
EBITDA · FY 2025
₹3.18 Cr
EBITDA margin 7.3%
Authorised capital
₹85 Lakh
Registered with MCA
Paid-up capital
₹75.13 Lakh
Issued & subscribed
Open charges
₹18.02 Cr
Satisfied ₹18.84 Cr
Company age
48 yrs
Est. 1978
Directors on board
3
As per MCA filings
About Rushas Engineering Company Private Limited
Data last updated:
Rushas Engineering Company Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 11 September 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29199MH1978PTC020628. Its GSTIN is 27AABCR0900N1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹75.13 Lakh. It was formerly known as Rushas Engineering Company Ltd. It is led by directors including Girish Dattatraya Salvekar and Satish Dattatraya Salvekar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 6 MIDC Ahmednagar, Maharashtra, India – 414111.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.49 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Cr (net margin 3.2%) and EBITDA of ₹3.18 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹18.02 Cr and satisfied charges of ₹18.84 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Rushas Engineering Company Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0002804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rushasvalves.com.
Company details
CIN U29199MH1978PTC020628
Registration Number 020628
Incorporation Date 11 September 1978
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-01-0002804
CIN history
Rushas Engineering Company has one previous CIN (Corporate Identification Number): U29199MH1978PLC020628. The current CIN is U29199MH1978PTC020628, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29199MH1978PTC020628 | Current |
| U29199MH1978PLC020628 | Previous |
Key People
Girish Dattatraya Salvekar Director Satish Dattatraya Salvekar Director Vasudha Girish Salvekar Director Recognitions & Rankings of Rushas Engineering Company
Contact details
Rushas Engineering Company Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is rushasvalves.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 6 MIDC Ahmednagar, Maharashtra, India – 414111
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Rushas Engineering Company Private Limited, buy the company report.
Comprehensive company report
Rushas Engineering Company 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 activities of Rushas Engineering Company are manufacturing and professional, scientific and technical. In detail, this covers metal and metal products and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Rushas Engineering Company Private Limited, buy the company report.
Financials of Rushas Engineering Company Private Limited
FY 2025 filings availableRushas Engineering Company Private Limited reported revenue of ₹43.49 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹43.49 Cr ▼ 11%
Net profit · FY 2025
₹1.39 Cr margin 3.2%
EBITDA · FY 2025
₹3.18 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 8%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 5%
5 years · compounded
▲ 6%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.39 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Rushas Engineering Company Private Limited, buy the company report.
Board of directors of Rushas Engineering Company Private Limited
Rushas Engineering Company has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Dattatraya Salvekar Also directs: Onkar Foundry and Engineering Company Private Limited | Director | 10 Jul 2011 | 15 Years 3 Months | Current |
| Satish Dattatraya Salvekar Also directs: Ahmednagar Auto & Engineering Association | Director | 25 Sep 1998 | 28 Years 0 Months | Current |
| Vasudha Girish Salvekar | Director | 18 Feb 2002 | 24 Years 8 Months | Current |
Peer comparison
Rushas Engineering Company Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves, Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prajapati Foundry Private Limited | ₹43.83 Cr (FY 2025) | 0.0% | Thane, Maharashtra, India | |||
| Hi-Tec Die Cast Private Limited | ₹43.6 Cr (FY 2025) | 0.0% | Tamil Nadu, India | |||
| Harsha Liners Private Limited | ₹43.53 Cr (FY 2019) | 42.0% | Telaprolu, Andhra Pradesh, India | |||
| Rushas Engineering Company Private Limitedthis company | ₹43.49 Cr (FY 2025) | ₹1.39 Cr | 3.2% | -11.0% | Ahmednagar, Maharashtra, India | |
| Goel Alloy & Steel Private Limited | ₹43.4 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Shera Tube Forge Pvt Ltd | ₹43.05 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Inova Cast Pvt Ltd | ₹42.91 Cr (FY 2024) | -11.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Rushas Engineering Company Private Limited, buy the company report.
Auditor
Rushas Engineering Company Private Limited is audited by R. S. BORA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. S. BORA & CO. | FY 2023 | 101560W |
Shareholding
The shareholding of Rushas Engineering Company 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rushas Engineering Company Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.02 Cr
Satisfied charges
₹18.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2024 | 100956772 | Hdfc Bank Limited | ₹9.99 Lakh | Open | |
| 02 Dec 2022 | 100658081 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 18 Oct 2022 | 100640205 | Others | ₹17.73 Cr | Open | |
| 20 Nov 2018 | 100221514 | Others | ₹85 Lakh | Satisfied | |
| 04 Jul 2013 | 10439809 | Ahmednagar Shahar Sahakari Bank Maryadit | ₹85 Lakh | Satisfied |
To see the full charge records of Rushas Engineering Company Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Rushas Engineering Company Private Limited has 2 court cases on record: 2 filed by Rushas Engineering Company. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against Sachin Ghayal Sugar Pvt. Ltd. and 2 others | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against Mago Thermal Private Limited and 3 others | Disposed |
To see the full case history of Rushas Engineering Company 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
Rushas Engineering Company Private Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 495 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Arjunwadkar Foundries Pvt Ltd | |||
| an individual supplier | |||
| Indo Power Enggrs | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rushas Engineering Company Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rushas Engineering Company has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR0900N1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AABCR0900N1DP | Maharashtra | Active | 16 Dec 2024 |
To see the full GST registrations and return filing status of Rushas Engineering Company Private Limited, buy the company report.
Recent activity
Rushas Engineering Company Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Girish Dattatraya Salvekar ceased to be Additional Director on 12 Sep 2011.
AGM
Rushas Engineering Company Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Rushas Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 1,772.50 Lakh registered on 18 Oct 2022 with Charge ID 100640205 was modified on 09 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.99 Lakh with Charge ID 100956772 was registered on 21 Jun 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100658081 was registered on 02 Dec 2022.
Charges
A charge registered on 31 Dec 2006 via Charge ID 10032199 with Others was fully satisfied on 10 Nov 2022.
Charges
A charge registered on 20 Nov 2018 via Charge ID 100221514 with Others was fully satisfied on 29 Oct 2022.
Charges
A charge with Others amounted to Rs. 1,772.50 Lakh with Charge ID 100640205 was registered on 18 Oct 2022.
Charges
A charge registered on 04 Jul 2013 via Charge ID 10439809 with Ahmednagar Shahar Sahakari Bank Maryadit was fully satisfied on 09 Feb 2022.
Charges
A charge with Others amounted to Rs. 85.00 Lakh with Charge ID 100221514 was registered on 20 Nov 2018.
Charges
A charge registered on 13 Jun 1984 via Charge ID 90089257 with Indian Overseas Bank was fully satisfied on 07 Jan 2017.
Charges
A charge registered on 28 Jun 1982 via Charge ID 90089219 with Indian Overseas Bank was fully satisfied on 07 Jan 2017.
24 earlier events are in the company report.
Frequently asked questions
Rushas Engineering Company is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 11 September 1978 (48+ years old) and is registered under CIN U29199MH1978PTC020628.
Rushas Engineering Company has 3 current directors:
- Girish Dattatraya Salvekar - Director
- Satish Dattatraya Salvekar - Director
- Vasudha Girish Salvekar - Director
The latest financial statements of Rushas Engineering Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rushas Engineering Company is 27AABCR0900N1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCR0900N1DP (Maharashtra).
The CIN (Corporate Identification Number) of Rushas Engineering Company is U29199MH1978PTC020628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rushas Engineering Company has 2 court cases on record: 2 filed by the company.
Rushas Engineering Company was incorporated on 11 September 1978, making it 48+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Rushas Engineering Company by revenue are Prajapati Foundry Private Limited, Hi-Tec Die Cast Private Limited, Harsha Liners Private Limited, Goel Alloy & Steel Private Limited, Shera Tube Forge Pvt Ltd and 1 more, all in the Machinery and Equipment industry (Control Valves, Die Casting), with the same principal business activity (metal and metal products).
Girish Dattatraya Salvekar ceased to be Additional Director on 12 Sep 2011. Hemant Mukund Kale ceased to be Director on 13 Jul 2011. Girish Dattatraya Salvekar was appointed as Director on 10 Jul 2011. Rushas Engineering Company has 5 board changes on record in total.
Yes, Rushas Engineering Company is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-01-0002804).
Rushas Engineering Company has 4 MSME Form 1 returns on record between 2019 and 2022, listing 495 overdue payments to 28 micro and small suppliers. The latest return was filed on 08 Jun 2022.
Rushas Engineering Company can be reached through the website rushasvalves.com. Its registered office is in Ahmednagar, Maharashtra, India.