Scutes India Private Limited

Scutes India Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999PN2018PTC174765 Incorporated 16 February 2018 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Revenue · FY 2025
₹10.13 Cr
▲ 34% YoY
Net profit · FY 2025
₹39.43 Lakh
Net margin 3.9%
EBITDA · FY 2025
₹1.06 Cr
EBITDA margin 10.4%
Authorised capital
₹19 Lakh
Registered with MCA
Paid-up capital
₹19 Lakh
Issued & subscribed
Open charges
₹3.37 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
28
Provident fund records

About Scutes India Private Limited

Data last updated:

Scutes India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 16 February 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC174765. Its GSTIN is 27AAZCS8456L1Z4 (Maharashtra).

The company has an authorised share capital of ₹19 Lakh and a paid-up capital of ₹19 Lakh. It is led by directors Nikhil Chandrashekhar Khanbarad and Ajit Appasaheb Rode.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Pune, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.13 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹39.43 Lakh (net margin 3.9%) and EBITDA of ₹1.06 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 29% over five years.

The company has about 28 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.37 Cr on record.

Scutes India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0077440). For more details, the company can be reached via its website scutesindia.co.in.

Company details

CIN U74999PN2018PTC174765
Registration Number 174765
Incorporation Date 16 February 2018
ROC Pune
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-MH-26-0077440

Recognitions & Rankings of Scutes India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0077440

Contact details

Scutes India Private Limited's registered office is in Pune, Maharashtra. Its website is scutesindia.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Gat No. 1541, Sonawane Wasti, Pune, Maharashtra, India – 411062
  • Industry
    Machinery and Equipment, Industrial Machine Tools

To see the full contact details of Scutes India Private Limited, buy the company report.

Comprehensive company report
Scutes India 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

Business activity

The main business activity of Scutes India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Scutes India Private Limited, buy the company report.

Financials of Scutes India Private Limited

FY 2023 filings available

Scutes India Private Limited reported revenue of ₹10.13 Cr (up 34% YoY) for FY 2025.

Revenue · FY 2025
₹10.13 Cr ▲ 34%
Net profit · FY 2025
₹39.43 Lakh margin 3.9%
EBITDA · FY 2025
₹1.06 Cr margin 10.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 17%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 44%
5 years · compounded
▲ 29%

Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 34% growth in the latest year. EBITDA rose 57% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹39.43 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.4%
Net Profit Margin3.9%
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 Scutes India Private Limited, buy the company report.

Board of directors of Scutes India Private Limited

Scutes India has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikhil Chandrashekhar KhanbaradDirector16 Feb 20188 Years 8 MonthsCurrent
Ajit Appasaheb RodeDirector16 Feb 20188 Years 8 MonthsCurrent

Auditor

Scutes India Private Limited is audited by PRANAVPRAMODDARVEKAR for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRANAVPRAMODDARVEKARFY 2023122991

Shareholding

The shareholding of Scutes India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Scutes India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.47 Cr
Sidbi₹0.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Mar 2024100905527Sidbi₹90 LakhOpen
05 Oct 2023100840939Others₹22.5 LakhOpen
21 Aug 2023100783135Others₹11.7 LakhOpen
29 Jan 2022100538756Others₹15 LakhOpen
06 Oct 2021100492462Others₹29.5 LakhOpen

To see the full charge records of Scutes India Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Scutes India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Scutes India Private Limited has a workforce of 28 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.

Employee count
28
Active EPFO establishments
1
Employee growth
40%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2728
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19

To see the full employee and EPFO history of Scutes India Private Limited, buy the company report.

GST

Scutes India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAZCS8456L1Z4MaharashtraActive26 Feb 2018

To see the full GST registrations and return filing status of Scutes India Private Limited, buy the company report.

Recent activity

Scutes India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ajit Appasaheb Rode was appointed as Director on 16 Feb 2018.

AGM
Scutes India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 90.00 Lakh with Charge ID 100905527 was registered on 22 Mar 2024.
Charges
A charge with Others of Rs. 22.50 Lakh registered on 05 Oct 2023 with Charge ID 100840939 was modified on 29 Dec 2023.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 28 Mar 2019 with Charge ID 100258691 was modified on 10 Nov 2023.
Charges
A charge with Others amounted to Rs. 22.50 Lakh with Charge ID 100840939 was registered on 05 Oct 2023.
Charges
A charge with Others amounted to Rs. 11.70 Lakh with Charge ID 100783135 was registered on 21 Aug 2023.
Filing
Scutes India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100538756 was registered on 29 Jan 2022.
Charges
A charge with Others amounted to Rs. 29.50 Lakh with Charge ID 100492462 was registered on 06 Oct 2021.
Charges
A charge with Others amounted to Rs. 17.63 Lakh with Charge ID 100482138 was registered on 19 Jul 2021.
Charges
A charge with Others of Rs. 48.00 Lakh registered on 20 Mar 2019 with Charge ID 100258689 was modified on 22 Apr 2019.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100258691 was registered on 28 Mar 2019.

5 earlier events are in the company report.

Frequently asked questions

Scutes India is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 16 February 2018 (8+ years old) and is registered under CIN U74999PN2018PTC174765.

Scutes India has 2 current directors:

The latest financial statements of Scutes India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Scutes India is 27AAZCS8456L1Z4, registered in Maharashtra.

The CIN (Corporate Identification Number) of Scutes India is U74999PN2018PTC174765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Scutes India was incorporated on 16 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.

Ajit Appasaheb Rode was appointed as Director on 16 Feb 2018. Nikhil Chandrashekhar Khanbarad was appointed as Director on 16 Feb 2018.

Yes, Scutes India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0077440).

Scutes India can be reached through the website scutesindia.co.in. Its registered office is in Pune, Maharashtra, India.

The registered office of Scutes India is at Gat No. 1541, Sonawane Wasti, Pune, Maharashtra, India – 411062.