MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0011523
Shakti Irrigation India Limited - manufacturing in Rau, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹55.5 Cr
▲ 8% YoY
Net profit · FY 2025
₹10.02 Cr
Net margin 18.1%
EBITDA · FY 2025
₹18.31 Cr
EBITDA margin 33%
Authorised capital
₹10.51 Cr
Registered with MCA
Paid-up capital
₹6.65 Cr
Issued & subscribed
Open charges
₹27.71 Cr
Satisfied ₹8 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
17
Provident fund records
About Shakti Irrigation India Limited
Data last updated:
Shakti Irrigation India Limited is a public limited company based in Rau, Madhya Pradesh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 24 January 1995 and has been in existence for over 31 years.
Its director Dinesh Patidar and family are #941 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29120MP1995PLC008973. Its GSTIN is 23AACCS3554J1ZE (Madhya Pradesh). The company holds 10 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹10.51 Cr and a paid-up capital of ₹6.65 Cr. It was formerly known as Spil Industries Limited and Aquanox Pumps Limited. It is led by directors including Prakash Chandra Patidar (Whole-Time Director) and Indira Patidar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 25 26 & 27 Industrial Area Rangwasa Road, Rau, Madhya Pradesh, India – 453331.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.5 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹10.02 Cr (net margin 18.1%) and EBITDA of ₹18.31 Cr (EBITDA margin 33%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 12% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.71 Cr and satisfied charges of ₹8 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 5 cases are pending. The company has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.51 Cr; the latest was in November 2022. Its 5 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 3 smaller; the largest is RG & Sons Infrastructure Private Limited with revenue of ₹58 Cr. The company has 14 MSME Form 1 returns on record between 2018 and 2023, listing 1,075 overdue payments to 93 micro and small suppliers.
Shakti Irrigation India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0011523). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shaktiirrigation.com.
Company details
CIN U29120MP1995PLC008973
Registration Number 008973
Incorporation Date 24 January 1995
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-23-0011523
Name history
Shakti Irrigation India has undergone 3 name changes throughout its history. The company was previously known as Spil Industries Limited, Aquanox Pumps Limited, and Shakti Pumps Limited. The current legal name is Shakti Irrigation India Limited.
| Company Name | Status |
|---|---|
| Shakti Irrigation India Limited | Current |
| Spil Industries Limited | Previous |
| Aquanox Pumps Limited | Previous |
| Shakti Pumps Limited | Previous |
Key People
Prakash Chandra Patidar Whole-Time Director Indira Patidar Director Aishwarya Sharma Director Recognitions & Rankings of Shakti Irrigation India
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #941 Dinesh Patidar & family ₹3,100 Cr
Contact details
Shakti Irrigation India Limited's registered office is in Rau, Madhya Pradesh. Its website is shaktiirrigation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 25 26 & 27 Industrial Area Rangwasa Road, Rau, Madhya Pradesh, India – 453331
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Shakti Irrigation India Limited, buy the company report.
Comprehensive company report
Shakti Irrigation India 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 activity of Shakti Irrigation India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Shakti Irrigation India Limited, buy the company report.
Financials of Shakti Irrigation India Limited
FY 2025 filings availableShakti Irrigation India Limited reported revenue of ₹55.5 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹55.5 Cr ▲ 8%
Net profit · FY 2025
₹10.02 Cr margin 18.1%
EBITDA · FY 2025
₹18.31 Cr margin 33%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 22%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 24%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 8% growth in the latest year. EBITDA rose 32% 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 | ₹18.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.02 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 | 33% | ||||
| Net Profit Margin | 18.1% | ||||
| 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 Shakti Irrigation India Limited, buy the company report.
Board of directors of Shakti Irrigation India Limited
Shakti Irrigation India has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indira Patidar Also directs: Shakti Energy Solutions Limited | Director | 18 Apr 2018 | 8 Years 6 Months | Current |
| Aishwarya Sharma Also directs: Arsh Industrial Solution Private Limited, Vells Private Limited | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
| Dinesh Patidar Also directs: Spil Energy LLP, Shakti Pumps (India) Limited, Shakti Energy Solutions Limited and 1 more | Director | 05 Apr 2008 | 18 Years 6 Months | Current |
| Sunil Patidar Also directs: Shakti Pumps (India) Limited, Shakti EV Mobility Private Limited | Director | 15 Nov 2013 | 12 Years 11 Months | Current |
| Abhijeet Goyal Also directs: Vintex Tools & Machineries Private Limited | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Prakash Chandra Patidar | Whole-Time Director | 27 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Shakti Irrigation India Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RG & Sons Infrastructure Private Limited | ₹58 Cr (FY 2024) | 90.0% | Ranchi, Jharkhand, India | |||
| Mahesh Extrusions Private Limited | ₹56.3 Cr (FY 2025) | -24.0% | Karnataka, India | |||
| Shakti Irrigation India Limitedthis company | ₹55.5 Cr (FY 2025) | ₹10.02 Cr | 18.1% | 8.0% | 17 | Rau, Madhya Pradesh, India |
| Moyalan Plastics India Private Limited | ₹54.96 Cr (FY 2024) | Mukundapuram, Kerala, India | ||||
| Ace Facade Private Limited | ₹53.44 Cr (FY 2023) | 11.0% | Bhubaneswar, Odisha, India | |||
| Universal Polymers Private Limited | ₹53.43 Cr (FY 2025) | 9.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Shakti Irrigation India Limited, buy the company report.
Auditor
Shakti Irrigation India Limited is audited by VINAY GANDHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY GANDHI & ASSOCIATES | FY 2023 | 014442C |
Shareholding
The shareholding of Shakti Irrigation India 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shakti Irrigation India Limited, buy the company report.
Charges & borrowings
Open charges
₹27.71 Cr
Satisfied charges
₹8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101191008 | Hdfc Bank Limited | ₹81.43 Lakh | Open | |
| 18 Nov 2022 | 100646733 | Others | ₹26.9 Cr | Open | |
| 02 Feb 2013 | 10408032 | Axis Bank Limited | ₹8 Cr | Satisfied |
To see the full charge records of Shakti Irrigation India Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Shakti Irrigation India Limited has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.51 Cr; the latest was in November 2022.
Total deals
7
Funding rounds
5
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹3.51 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹41.3 Lakh | Investors: 3 individuals |
| Nov 2020 | Funding round | ₹77.8 Lakh | Investors: 4 individuals |
| Sep 2014 | Rights issue | ₹1.65 Cr | Investors: an individual |
| Mar 2013 | Funding round | ₹37 Lakh | Investors: Shakti Construction & Developers Private Limited |
| Mar 2006 | Funding round | ₹1.77 Cr | Investors: Shakti Construction & Developers Private Limited , Dinesh Patidar Huf, 2 individuals |
To see the full deal history of Shakti Irrigation India 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
Shakti Irrigation India Limited has 10 court cases on record: 8 filed by Shakti Irrigation India, 2 filed against it. 5 cases are pending and 5 are disposed.
Total cases
10
Filed by the company
8
Filed against the company
2
Pending
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 4 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (EX B) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against M/S. Patidar Enterprises Through Nirmal Patidar | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CIV) | Filed by the company against M/S Soni Brothers Through Devendra Chandrakar | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against M/S. Gayatri Trading Company Through Ashvani | Pending |
To see the full case history of Shakti Irrigation India 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
Shakti Irrigation India Limited has 14 MSME Form 1 returns on record between 2018 and 2023, listing 1,075 overdue payments to 93 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 93)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Vintex Tools & Machineries Private Limited | |||
| an individual supplier | |||
| Shipra Chemicals | |||
| an individual supplier |
To see the full MSME payment records of Shakti Irrigation India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shakti Irrigation India Limited has a workforce of 17 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
GST
Shakti Irrigation India has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
8
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCS3554J1ZE | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AACCS3554J2ZD | Madhya Pradesh | Active | 01 Jul 2017 |
| 22AACCS3554J1ZG | Chattisgarh | Active | 01 Jul 2017 |
| 24AACCS3554J2ZB | Gujarat | Active | 12 Dec 2017 |
To see the full GST registrations and return filing status of Shakti Irrigation India Limited, buy the company report.
Recent activity
Shakti Irrigation India Limited has 12 board changes on record since 1996: 9 appointments and 3 cessations. The latest: Prakash Chandra Patidar was appointed as Whole-Time Director on 27 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.81 Cr with Charge ID 101191008 was registered on 31 Oct 2025.
AGM
Shakti Irrigation India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shakti Irrigation India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Prakash Chandra Patidar was appointed as Whole-Time Director.
Charges
A charge with Others of Rs. 26.90 Cr registered on 18 Nov 2022 with Charge ID 100646733 was modified on 15 Dec 2022.
Charges
A charge with Others amounted to Rs. 26.90 Cr with Charge ID 100646733 was registered on 18 Nov 2022.
Charges
A charge registered on 02 Feb 2013 via Charge ID 10408032 with Axis Bank Limited was fully satisfied on 21 Oct 2022.
Charges
A charge with Axis Bank Limited of Rs. 8.00 Cr registered on 02 Feb 2013 with Charge ID 10408032 was modified on 29 Jun 2022.
Appointed
Aishwarya Sharma was appointed as Director.
Appointed
Abhijeet Goyal was appointed as Director.
Ceased
Ankit Patidar ceased to be Director.
Appointed
Indira Patidar was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Shakti Irrigation India is an active public limited company based in Rau, Madhya Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 24 January 1995 (31+ years old) and is registered under CIN U29120MP1995PLC008973.
Shakti Irrigation India has 6 current directors:
- Prakash Chandra Patidar - Whole-Time Director
- Indira Patidar - Director
- Aishwarya Sharma - Director
- Dinesh Patidar - Director
- Sunil Patidar - Director
- Abhijeet Goyal - Director
The latest financial statements of Shakti Irrigation India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shakti Irrigation India is 23AACCS3554J1ZE, registered in Madhya Pradesh. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 23AACCS3554J2ZD (Madhya Pradesh), 22AACCS3554J1ZG (Chattisgarh), 24AACCS3554J2ZB (Gujarat).
The CIN (Corporate Identification Number) of Shakti Irrigation India is U29120MP1995PLC008973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Irrigation India has 10 court cases on record: 8 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Shakti Irrigation India was incorporated on 24 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
Shakti Irrigation India has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.51 Cr; the latest was in November 2022.
The peers of Shakti Irrigation India by revenue are RG & Sons Infrastructure Private Limited, Mahesh Extrusions Private Limited, Moyalan Plastics India Private Limited, Ace Facade Private Limited, Universal Polymers Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Prakash Chandra Patidar was appointed as Whole-Time Director on 27 Mar 2023. Aishwarya Sharma was appointed as Director on 13 Apr 2022. Abhijeet Goyal was appointed as Director on 04 Mar 2020. Shakti Irrigation India has 12 board changes on record in total.
Yes, Shakti Irrigation India is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0011523).
Shakti Irrigation India has 14 MSME Form 1 returns on record between 2018 and 2023, listing 1,075 overdue payments to 93 micro and small suppliers. The latest return was filed on 26 Aug 2023.
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