MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-24-0000704
Shimoga Piston Rings Private Limited
Shimoga Piston Rings Private Limited - machinery and equipment in Shimoga, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.98 Cr
▲ 28.93% YoY
Net profit · FY 2025
₹24.51 Lakh
Net margin 6.2%
EBITDA · FY 2025
₹43.54 Lakh
EBITDA margin 10.9%
Authorised capital
₹3.75 Cr
Registered with MCA
Paid-up capital
₹2.29 Cr
Issued & subscribed
Open charges
₹1.64 Cr
Satisfied ₹2.35 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
14
Provident fund records
About Shimoga Piston Rings Private Limited
Data last updated:
Shimoga Piston Rings Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 25 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27320KA1997PTC022439. Its GSTIN is 29AAFCS8559J1ZK (Karnataka).
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹2.29 Cr. It is led by directors Honnali Madappa Shivakumar and Subraya Adiga Udayakumar.
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 C – 25 Indl.Estatesagar Road Shimoga, Karnataka, India – 577204.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.98 Cr. For the same year it recorded a net profit of ₹24.51 Lakh (net margin 6.2%) and EBITDA of ₹43.54 Lakh (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 9% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.64 Cr and satisfied charges of ₹2.35 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Shimoga Piston Rings Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0000704). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27320KA1997PTC022439
Registration Number 022439
Incorporation Date 25 June 1997
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-24-0000704
Recognitions & Rankings of Shimoga Piston Rings
Contact details
Shimoga Piston Rings Private Limited's registered office is in Shimoga, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressC – 25 Indl.Estatesagar Road Shimoga, Karnataka, India – 577204
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Shimoga Piston Rings Private Limited, buy the company report.
Comprehensive company report
Shimoga Piston Rings 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 activity of Shimoga Piston Rings is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Shimoga Piston Rings Private Limited, buy the company report.
Financials of Shimoga Piston Rings Private Limited
FY 2025 filings availableShimoga Piston Rings Private Limited reported revenue of ₹3.98 Cr for FY 2025.
Revenue · FY 2025
₹3.98 Cr
Net profit · FY 2025
₹24.51 Lakh margin 6.2%
EBITDA · FY 2025
₹43.54 Lakh margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 2%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 18%
5 years · compounded
▼ 24%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years. EBITDA fell 16% 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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| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹43.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 10.9% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Shimoga Piston Rings Private Limited, buy the company report.
Board of directors of Shimoga Piston Rings Private Limited
Shimoga Piston Rings has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Honnali Madappa Shivakumar | Director | 30 Sep 1997 | 29 Years 1 Months | Current |
| Subraya Adiga Udayakumar | Director | 25 Jun 1997 | 29 Years 4 Months | Current |
Auditor
Shimoga Piston Rings Private Limited is audited by ENNAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ENNAR & CO | FY 2020 | 000805S |
Shareholding
The shareholding of Shimoga Piston Rings Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shimoga Piston Rings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.64 Cr
Satisfied charges
₹2.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2025 | 101212863 | Sidbi | ₹51.8 Lakh | Open | |
| 18 Jan 2022 | 100542830 | Canara Bank | ₹6.5 Lakh | Open | |
| 07 Aug 2021 | 100474495 | Hdfc Bank Limited | ₹16.98 Lakh | Open | |
| 01 Jul 2020 | 100355020 | Canara Bank | ₹12 Lakh | Open | |
| 29 May 2020 | 100355013 | Canara Bank | ₹7 Lakh | Open |
To see the full charge records of Shimoga Piston Rings Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Shimoga Piston Rings Private Limited has 4 court cases on record: 3 filed by Shimoga Piston Rings, 1 filed against it. All cases are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Vishveshwarayya Alloy Castings Pvt. Ltd., and 6 others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Shimoga Precision Castings Private Limited and 6 others | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Perfect Alloys Components (P) Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka by Its Secretary | Disposed |
To see the full case history of Shimoga Piston Rings 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 Shimoga Piston Rings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shimoga Piston Rings Private Limited has a workforce of 14 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 14 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Shimoga Piston Rings Private Limited, buy the company report.
GST
Shimoga Piston Rings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS8559J1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shimoga Piston Rings Private Limited, buy the company report.
Recent activity
Shimoga Piston Rings Private Limited has 11 board changes on record since 1997: 2 appointments and 9 cessations. The latest: Hirenallr Mallaiah Mruthyanjaya ceased to be Director on 17 Jan 2020.
Charges
A charge with Sidbi amounted to Rs. 0.52 Cr with Charge ID 101212863 was registered on 29 Dec 2025.
AGM
Shimoga Piston Rings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shimoga Piston Rings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 0.07 Cr with Charge ID 100542830 was registered on 18 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100474495 was registered on 07 Aug 2021.
Charges
A charge with Canara Bank amounted to Rs. 0.12 Cr with Charge ID 100355020 was registered on 01 Jul 2020.
Charges
A charge with Canara Bank amounted to Rs. 0.07 Cr with Charge ID 100355013 was registered on 29 May 2020.
Ceased
Hirenallr Mallaiah Mruthyanjaya ceased to be Director.
Ceased
Banur Mallegowda Shanthkumar ceased to be Director.
Ceased
Gowdru Neelakantaiah Swamy ceased to be Director.
Ceased
Majjige Halappa ceased to be Director.
Ceased
Neelalochana Halappa ceased to be Director.
26 earlier events are in the company report.
Frequently asked questions
Shimoga Piston Rings is an active private limited company based in Shimoga, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 25 June 1997 (29+ years old) and is registered under CIN U27320KA1997PTC022439.
Shimoga Piston Rings has 2 current directors:
- Honnali Madappa Shivakumar - Director
- Subraya Adiga Udayakumar - Director
The latest financial statements of Shimoga Piston Rings 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 Shimoga Piston Rings is 29AAFCS8559J1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Shimoga Piston Rings is U27320KA1997PTC022439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shimoga Piston Rings has 4 court cases on record: 3 filed by the company and 1 filed against it.
Shimoga Piston Rings was incorporated on 25 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Hirenallr Mallaiah Mruthyanjaya ceased to be Director on 17 Jan 2020. Banur Mallegowda Shanthkumar ceased to be Director on 19 Dec 2019. Gowdru Neelakantaiah Swamy ceased to be Director on 19 Dec 2019. Shimoga Piston Rings has 11 board changes on record in total.
Yes, Shimoga Piston Rings is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-24-0000704).
The registered office of Shimoga Piston Rings is at C – 25 Indl.Estatesagar Road Shimoga, Karnataka, India – 577204.
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