About Satrac Engineering Private Limited
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Satrac Engineering Private Limited is a private limited company based in Nelamangala, Karnataka, India, a subsidiary of Kyokuto Kaihatsu Kogyo Company Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 28 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29210KA1997PTC023086. Its GSTIN is 29AABCS9491H1ZS (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹188 Cr and a paid-up capital of ₹188 Cr. It is led by directors including Mrinal Bantwal Chandrashekar (Managing Director) and Takeo Norimitsu.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 127 128 & 129(P) Sompura Industrial Area Dabaspet 3rd Phase, Nelamangala, Karnataka, India – 562132.
As per the financials filed for FY 2025, the company reported a revenue of ₹411.09 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹21.46 Cr (net margin 5.2%) and EBITDA of ₹37.79 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 25% over five years.
The company has about 186 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satrac. As per MCA filings, the company has satisfied charges of ₹66.39 Cr on record. Court records list 31 cases involving the company, including 15 filed by the company and 16 filed against it; 4 cases are pending. The company has 10 deals on record (5 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.83 Cr; the latest was in June 2025. Its 3 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 1 larger and 2 smaller; the largest is Ysi Automotive Private Limited with revenue of ₹414.26 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satrac.com.
Company details
CIN history
Satrac Engineering has one previous CIN (Corporate Identification Number): U34202KA1997PTC023086. The current CIN is U29210KA1997PTC023086, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29210KA1997PTC023086 | Current |
| U34202KA1997PTC023086 | Previous |
Contact details
Satrac Engineering Private Limited's registered office is in Nelamangala, Karnataka. Its website is satrac.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address127 128 & 129(P) Sompura Industrial Area Dabaspet 3rd Phase, Nelamangala, Karnataka, India – 562132
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Satrac Engineering Private Limited, buy the company report.
- 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
Brands
Satrac Engineering operates one associated brand: Satrac. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of trailer and truck body | satrac.com |
Business activity
The main business activity of Satrac Engineering is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Satrac Engineering Private Limited, buy the company report.
Financials of Satrac Engineering Private Limited
FY 2025 filings availableSatrac Engineering Private Limited reported revenue of ₹411.09 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 9% 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 |
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| EBITDA | ₹37.79 Cr | ||||
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| Net Profit (PAT) | ₹21.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Satrac Engineering Private Limited, buy the company report.
Board of directors and KMP of Satrac Engineering Private Limited
Satrac Engineering Private Limited currently reports 5 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Takeo Norimitsu | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
| Kenichi Shimakawa | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
| Mrinal Bantwal Chandrashekar | Managing Director | 28 Nov 1997 | 28 Years 11 Months | Current |
| Satoshi Okamoto | Director | 27 Dec 2022 | 3 Years 10 Months | Current |
| Ryoji Murachi | Director | 01 Jun 2025 | 1 Years 5 Months | Current |
| Mopidevi Srinivasa Rao | Cfo | 01 Apr 2025 | 1 Years 7 Months | Current |
Peer comparison
Satrac Engineering Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ysi Automotive Private Limited | ₹414.26 Cr (FY 2025) | -2.0% | Kancheepuram, Tamil Nadu, India | |||
| Satrac Engineering Private Limitedthis company | ₹411.09 Cr (FY 2025) | ₹21.46 Cr | 5.2% | -8.0% | 186 | Nelamangala, Karnataka, India |
| Mansons International Private Limited | ₹407.68 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Voss Exotech Automotive Private Limited | ₹406.9 Cr (FY 2024) | 2.0% | Pune, Maharashtra, India |
To see the full peer comparison of Satrac Engineering Private Limited, buy the company report.
Auditor
Satrac Engineering Private Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF Sridhar & Santhanam LLP | FY 2023 | 003990S |
Shareholding
The shareholding of Satrac Engineering 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 Satrac Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2018 | 100152069 | Axis Bank Limited | ₹23.5 Cr | Satisfied | |
| 28 Mar 2008 | 10164175 | Syndicate Bank | ₹7 Lakh | Satisfied | |
| 21 Jun 2006 | 10008043 | Syndicate Bank | ₹10 Lakh | Satisfied | |
| 20 Mar 2006 | 80033464 | Canara Bank | ₹40.53 Cr | Satisfied | |
| 21 Jul 2004 | 90196481 | Syndicate Bank | ₹75 Lakh | Satisfied |
To see the full charge records of Satrac Engineering Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Satrac Engineering Private Limited has 10 deals on record (5 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.83 Cr; the latest was in June 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Rights issue | ₹32.8 Cr | Investors: Kyokuto Kaihatsu Kogyo Company Limited |
| May 2023 | Rights issue | ₹152.2 Cr | Investors: Kyokuto Kaihatsu Kogyo Company Limited |
| Sep 2020 | Acquisition | ₹221.37 Cr | Buyer: Kyokuto Kaihatsu Kogyo Co Ltd |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Kyokuto Kaihatsu Kogyo Company Limited Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pragathi Enterprises, Sreenivasa Services Station, 2 individuals |
To see the full deal history of Satrac Engineering Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Satrac Engineering Private Limited has 31 court cases on record: 15 filed by Satrac Engineering, 16 filed against it. 4 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 15 | 2 |
| High courts | 7 | 1 | 2 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against Vivek Outsourcing Services Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Vivek Outsourcing Services Private Limited | Disposed |
| High Court, KARNATAKA | Appeal | Filed by the company against Vivek Outsourcing Services Pvt Ltd and 1 other | Disposed |
| High Court, KARNATAKA | Court case (CRL.P) | Filed against the company by Vivek Outsourcing Services Private Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Vivek Outsourcing Services Pvt Ltd and Another and 1 other | Disposed |
To see the full case history of Satrac Engineering 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.
Credit ratings & regulatory alerts
Satrac Engineering Private Limited was last rated by Care on 09 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Nov 2021 |
To see the full credit ratings and regulatory alerts of Satrac Engineering Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Satrac Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satrac Engineering Private Limited has a workforce of 186 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Satrac Engineering has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS9491H1ZS | Karnataka | Active | 01 Jul 2017 |
| 33AABCS9491H2Z2 | Tamil Nadu | Active | 01 Oct 2023 |
To see the full GST registrations and return filing status of Satrac Engineering Private Limited, buy the company report.
Recent activity
Satrac Engineering Private Limited has 13 board changes on record since 1997: 6 appointments and 7 cessations. The latest: Mopidevi Srinivasa Rao ceased to be Additional Director on 31 Aug 2025.
28 earlier events are in the company report.
Frequently asked questions
Satrac Engineering is an active private limited company based in Nelamangala, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 28 November 1997 (29+ years old) and is registered under CIN U29210KA1997PTC023086.
Satrac Engineering has 6 current directors and KMP:
- Mrinal Bantwal Chandrashekar - Managing Director
- Takeo Norimitsu - Director
- Kenichi Shimakawa - Director
- Satoshi Okamoto - Director
- Ryoji Murachi - Director
- Mopidevi Srinivasa Rao - Cfo
The latest financial statements of Satrac Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Satrac Engineering is 29AABCS9491H1ZS, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCS9491H2Z2 (Tamil Nadu).
The CIN (Corporate Identification Number) of Satrac Engineering is U29210KA1997PTC023086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satrac Engineering has 31 court cases on record: 15 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
Satrac Engineering was incorporated on 28 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Satrac Engineering has 10 deals on record (5 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.83 Cr; the latest was in June 2025.
The peers of Satrac Engineering by revenue are Ysi Automotive Private Limited, Mansons International Private Limited, Voss Exotech Automotive Private Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Mopidevi Srinivasa Rao ceased to be Additional Director on 31 Aug 2025. Ryoji Murachi ceased to be Additional Director on 31 Aug 2025. Ryoji Murachi was appointed as Director on 01 Jun 2025. Satrac Engineering has 13 board changes on record in total.
Satrac Engineering can be reached through the website satrac.com. Its registered office is in Nelamangala, Karnataka, India.
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