About Shimoga Precision Castings Private Limited
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Shimoga Precision Castings Private Limited is a private limited company based in Machenahalli, Karnataka, India, a subsidiary of Malnad Alloy Castings Private Limited. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 15 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02710KA1995PTC017206. Its GSTIN is 29AADCS2552H1ZA (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.49 Cr. It was formerly known as Shimoga Precison Castings Private Limited. It is led by directors including Yedur Venkatakrishna Jois Madhukarjois (Managing Director) and Shiva Swamy.
Its last annual general meeting (AGM) was held on 26 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.61 Shimoga – Bhadravathiindustrial Area Nidige Post Machenahalli, Karnataka, India – 577222.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.63 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Cr (net margin 6.3%) and EBITDA of ₹4.22 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 19% over five years.
The company has about 154 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.63 Cr and satisfied charges of ₹14.36 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shimogaprecisioncastings.com.
Company details
Contact details
Shimoga Precision Castings Private Limited's registered office is in Machenahalli, Karnataka. Its website is shimogaprecisioncastings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.61 Shimoga – Bhadravathiindustrial Area Nidige Post Machenahalli, Karnataka, India – 577222
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Shimoga Precision Castings 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
Business activity
The main business activities of Shimoga Precision Castings 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 Shimoga Precision Castings Private Limited, buy the company report.
Financials of Shimoga Precision Castings Private Limited
FY 2025 filings availableShimoga Precision Castings Private Limited reported revenue of ₹29.63 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 25% growth in the latest year. EBITDA rose 60% 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 | ₹4.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.87 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 | 14.2% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shimoga Precision Castings Private Limited, buy the company report.
Board of directors of Shimoga Precision Castings Private Limited
Shimoga Precision Castings has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiva Swamy Also directs: Malnad Welfare Foundation | Director | 18 Feb 1995 | 31 Years 8 Months | Current |
| Vagdevi Madhukar Jois Also directs: Malnad Welfare Foundation, Malnad Alloy Castings Private Limited | Director | 18 Feb 1995 | 31 Years 8 Months | Current |
| Yedur Venkatakrishna Jois Madhukarjois Also directs: Malnad Welfare Foundation, Malnad Alloy Castings Private Limited, Malnad Prime Machining Technologies Private Limited and 1 more | Managing Director | 24 Feb 1995 | 31 Years 8 Months | Current |
| Prateek Madhukar Jois | Director | 10 Dec 2015 | 10 Years 11 Months | Current |
Peer comparison
Shimoga Precision Castings Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Calisto Technocast Private Limited | ₹30.05 Cr (FY 2025) | 37.0% | Vill Pipaliya, Gujarat, India | |||
| Combined Engineerings Pvt Ltd | ₹29.92 Cr (FY 2025) | 11.0% | Pithampur, Madhya Pradesh, India | |||
| Shimoga Precision Castings Private Limitedthis company | ₹29.63 Cr (FY 2025) | ₹1.87 Cr | 6.3% | 25.0% | 154 | Machenahalli, Karnataka, India |
| Akshay Metals Private Limited | ₹29.48 Cr (FY 2025) | 15.0% | Karveer, Maharashtra, India | |||
| Pronob & Co. Pvt. Ltd. | ₹29.41 Cr (FY 2025) | 52.0% | Kolkata, West Bengal, India | |||
| RRL Steels Private Ltd | ₹29.18 Cr (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Cosmos Techno Cast Private Limited | ₹28.98 Cr (FY 2025) | 7.0% | Hadamtala, Gujarat, India |
To see the full peer comparison of Shimoga Precision Castings Private Limited, buy the company report.
Auditor
Shimoga Precision Castings Private Limited is audited by AJITH KUMAR ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJITH KUMAR ASSOCIATES | FY 2023 | 000277S |
Shareholding
The shareholding of Shimoga Precision Castings 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 Shimoga Precision Castings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101103186 | Others | ₹3.4 Cr | Open | |
| 02 Jan 2023 | 100679712 | State Bank of India | ₹9.23 Cr | Open | |
| 18 Apr 2017 | 100093140 | Axis Bank Limited | ₹5.88 Lakh | Satisfied | |
| 20 Mar 2017 | 100094159 | Axis Bank Limited | ₹4.15 Cr | Satisfied | |
| 02 Feb 2015 | 10550384 | State Bank of Mysore | ₹2.6 Cr | Satisfied |
To see the full charge records of Shimoga Precision Castings Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Shimoga Precision Castings Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Shimoga Piston Rings P. Ltd., | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Shimoga Piston Rings P. Ltd., | Disposed |
| District court, SHIVAMOGGA, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Shimoga Precision Castings 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 Precision Castings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shimoga Precision Castings Private Limited has a workforce of 154 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 154 |
| 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 |
To see the full employee and EPFO history of Shimoga Precision Castings Private Limited, buy the company report.
GST
Shimoga Precision Castings has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCS2552H1ZA | Karnataka | Active | 01 Jul 2017 |
| 29AADCS2552H1DJ | Karnataka | Active | 28 Oct 2024 |
To see the full GST registrations and return filing status of Shimoga Precision Castings Private Limited, buy the company report.
Recent activity
Shimoga Precision Castings Private Limited has 12 board changes on record since 1995: 8 appointments and 4 cessations. The latest: Prateek Madhukar Jois was appointed as Director on 10 Dec 2015.
26 earlier events are in the company report.
Frequently asked questions
Shimoga Precision Castings is an active private limited company based in Machenahalli, Karnataka, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 15 February 1995 (31+ years old) and is registered under CIN U02710KA1995PTC017206.
Shimoga Precision Castings has 4 current directors:
- Yedur Venkatakrishna Jois Madhukarjois - Managing Director
- Shiva Swamy - Director
- Vagdevi Madhukar Jois - Director
- Prateek Madhukar Jois - Director
The latest financial statements of Shimoga Precision Castings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shimoga Precision Castings is 29AADCS2552H1ZA, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCS2552H1DJ (Karnataka).
The CIN (Corporate Identification Number) of Shimoga Precision Castings is U02710KA1995PTC017206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shimoga Precision Castings has 3 court cases on record: 3 filed against it. Most are in the high courts.
Shimoga Precision Castings was incorporated on 15 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shimoga Precision Castings by revenue are Calisto Technocast Private Limited, Combined Engineerings Pvt Ltd, Akshay Metals Private Limited, Pronob & Co. Pvt. Ltd, RRL Steels Private Ltd and 1 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Prateek Madhukar Jois was appointed as Director on 10 Dec 2015. Hasudi Chidambara Raveendranath Sastry ceased to be Director on 28 Sep 2015. Kamala Ravindranath ceased to be Director on 28 Sep 2015. Shimoga Precision Castings has 12 board changes on record in total.
Shimoga Precision Castings can be reached through the website shimogaprecisioncastings.com. Its registered office is in Machenahalli, Karnataka, India.
The registered office of Shimoga Precision Castings is at No.61 Shimoga – Bhadravathiindustrial Area Nidige Post Machenahalli, Karnataka, India – 577222.
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