Shitole Engineering Private Limited
About Shitole Engineering Private Limited
Data last updated:
Shitole Engineering Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 20 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2000PTC015650. Its GSTIN is 27AAKCS4665E1Z3 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Omkar Ramrao Shitole and Manasi Omkar Shitole.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 170 Block Pune City, (M. Corp), Maharashtra, India – 411026.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.25 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Lakh (net margin 1.6%) and EBITDA of ₹58.77 Lakh (EBITDA margin 46.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹6.86 Cr and satisfied charges of ₹2.2 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.
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- Registered AddressPlot No 170 Block Pune City, (M. Corp), Maharashtra, India – 411026
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
- One PDF report, delivered after checkout
Business Activity of Shitole Engineering Private Limited
The main business activity of Shitole Engineering is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shitole Engineering Private Limited FY 2024 filings available
Shitole Engineering Private Limited reported revenue of ₹1.25 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shitole Engineering Private Limited
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 4% 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 of Shitole Engineering Private Limited
| 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 | ₹58.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.96 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 of Shitole Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shitole Engineering are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shitole Engineering Private Limited
Shitole Engineering Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shringesh Build Systems Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Hyderabad, Telangana, India |
| Shabareesh Enterprises India Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Bangalore, Karnataka, India |
| Excel Petro-Tech and Engineering Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| Anatech Ultra Coaters & Controls Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| HSM Ship Management Private Limited | ₹1.25 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Thane, Maharashtra, India |
| Shitole Engineering Private Limited this company | ₹1.25 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| SBSR Engineering (OPC) Private Limited | ₹1.25 Cr (FY 2024) | •••• | •••• | 140.0% | •••• | Kundrathur, Tamil Nadu, India |
| Sequence Trade Links and Solutions India Private Limited | ₹1.25 Cr (FY 2020) | •••• | •••• | 69.0% | •••• | Bangalore, Karnataka, India |
| Star Autoplast Private Limited | ₹1.25 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | Nagpur, Maharashtra, India |
| Excell Metal Processors Private Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Uttam and Aman Industries Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | 119.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Shitole Engineering by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shitole Engineering Private Limited
Shitole Engineering Private Limited is audited by R A PHADNIS & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R A PHADNIS & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shitole Engineering Private Limited
Shitole Engineering has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Omkar Ramrao Shitole Also directs: Shitole Sports Apparels Private Limited | Director | 26 Dec 2018 | 7 Years 9 Months | Current |
| Manasi Omkar Shitole Also directs: Shitole Sports Apparels Private Limited | Director | 26 Dec 2018 | 7 Years 9 Months | Current |
| Sitabai Ramrao Shitole | Director | 20 Dec 2000 | 25 Years 9 Months | Current |
| Ramrao Manikrao Shitole | Director | 20 Dec 2000 | 25 Years 9 Months | Current |
Ownership and Shareholding of Shitole Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shitole Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Others | ₹45 Lakh | Open |
| 28 Oct 2024 | Yes Bank Limited | ₹4.29 Cr | Open |
| 29 Sep 2018 | Yes Bank Limited | ₹2.13 Cr | Open |
| 01 Aug 2016 | Others | ₹2 Cr | Satisfied |
| 20 Dec 2004 | The Shree Suvama Sahakari Bank Ltd | ₹20 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Shitole Engineering Private Limited
Shitole Engineering Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Govt.Of India--Roc | Disposed |
| District court, Pune, Maharashtra | Court case (M.C.A.) | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shitole Engineering Private Limited
Employment history and EPFO contributions of people linked to Shitole Engineering.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shitole Engineering Private Limited
Shitole Engineering Private Limited has 6 board changes on record since 2000: 4 appointments and 2 cessations. The latest: Manasi Omkar Shitole ceased to be Additional Director on 30 Sep 2019.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shitole Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shitole Engineering Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shitole Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shitole Engineering Private Limited
Shitole Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS4665E1Z3 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shitole Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shitole Engineering Private Limited
Shitole Engineering is an active private limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 20 December 2000 (26+ years old) and is registered under CIN U29299PN2000PTC015650.
Shitole Engineering reported revenue of ₹1.25 Cr for FY 2025 (up 16% YoY).
Shitole Engineering has 4 current directors:
- Omkar Ramrao Shitole - Director
- Manasi Omkar Shitole - Director
- Sitabai Ramrao Shitole - Director
- Ramrao Manikrao Shitole - Director
Shitole Engineering reported a net profit of ₹1.96 Lakh (net margin 1.6%) and EBITDA of ₹58.77 Lakh (EBITDA margin 46.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shitole Engineering is -14% over three years and -18% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shitole Engineering is 27AAKCS4665E1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shitole Engineering is U29299PN2000PTC015650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shitole Engineering has 3 court cases on record: 3 filed against it.
Shitole Engineering was incorporated on 20 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Shitole Engineering by revenue are Shringesh Build Systems Private Limited, Shabareesh Enterprises India Private Limited, Excel Petro-Tech and Engineering Private Limited, Anatech Ultra Coaters & Controls Private Limited, HSM Ship Management Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Manasi Omkar Shitole ceased to be Additional Director on 30 Sep 2019. Omkar Ramrao Shitole ceased to be Additional Director on 30 Sep 2019. Manasi Omkar Shitole was appointed as Director on 26 Dec 2018. Shitole Engineering has 6 board changes on record in total.