Topland Engines Private Limited

Topland Engines Private Limited - machinery and equipment in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U29120GJ2001PTC039402 Incorporated 11 April 2001 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹171.61 Cr
▲ 10% YoY
Net profit · FY 2025
₹8.41 Cr
Net margin 4.9%
EBITDA · FY 2025
₹13.91 Cr
EBITDA margin 8.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹52.91 Lakh
Issued & subscribed
Open charges
₹98.35 Cr
Satisfied ₹23.59 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
260
Provident fund records

About Topland Engines Private Limited

Data last updated:

Topland Engines Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 April 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ2001PTC039402. Its GSTIN is 24AABCT6162E3ZJ (Gujarat). The company holds 12 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹52.91 Lakh. It is led by directors including Nilesh Govindbhai Bhanderi and Rajendra Govindbhai Bhanderi.

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 Umakant Udhyognagarmavdi Plot, Rajkot, Gujarat, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹171.61 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.41 Cr (net margin 4.9%) and EBITDA of ₹13.91 Cr (EBITDA margin 8.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.

The company has about 260 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹98.35 Cr and satisfied charges of ₹23.59 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 6 filed against it; 4 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹2.11 Cr; the latest was in April 2023.

Topland Engines Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0004947). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website topland-india.com.

Company details

CIN U29120GJ2001PTC039402
Registration Number 039402
Incorporation Date 11 April 2001
ROC Ahmedabad
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-GJ-20-0004947
Key People
Nilesh Govindbhai Bhanderi Director Rajendra Govindbhai Bhanderi Director Pankaj Govindbhai Bhanderi Director

Recognitions & Rankings of Topland Engines

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-20-0004947

Contact details

Topland Engines Private Limited's registered office is in Rajkot, Gujarat. Its website is topland-india.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    topland-india.com
  • Registered Address
    Umakant Udhyognagarmavdi Plot, Rajkot, Gujarat, India
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Topland Engines Private Limited, buy the company report.

Comprehensive company report
Topland Engines 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 Topland Engines is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

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

Financials of Topland Engines Private Limited

FY 2025 filings available

Topland Engines Private Limited reported revenue of ₹171.61 Cr (up 10% YoY) for FY 2025.

Revenue · FY 2025
₹171.61 Cr ▲ 10%
Net profit · FY 2025
₹8.41 Cr margin 4.9%
EBITDA · FY 2025
₹13.91 Cr margin 8.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 9%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 7%
5 years · compounded
▼ 6%

Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 76% 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₹171.61 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹13.91 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.41 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.1%
Net Profit Margin4.9%
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 Topland Engines Private Limited, buy the company report.

Board of directors of Topland Engines Private Limited

Topland Engines has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nilesh Govindbhai Bhanderi
Also directs: Topland Mechatronics Private Limited, Topland Pumps Private Limited
Director11 Apr 200125 Years 6 MonthsCurrent
Rajendra Govindbhai Bhanderi
Also directs: Mingle Buildcon LLP, Topland Mechatronics Private Limited, Topland Pumps Private Limited
Director11 Apr 200125 Years 6 MonthsCurrent
Pankaj Govindbhai Bhanderi
Also directs: Topland Mechatronics Private Limited, Topland Pumps Private Limited
Director30 Sep 20233 Years 1 MonthsCurrent
View all directors

Auditor

Topland Engines Private Limited is audited by A K Chitaliya & Co. for the financial year 2025.

Auditor firmFinancial yearFirm registration number
A K Chitaliya & Co.FY 2025160964W

Shareholding

The shareholding of Topland Engines Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Topland Engines Private Limited, buy the company report.

Charges & borrowings

Open charges
₹98.35 Cr
Satisfied charges
₹23.59 Cr
Breakdown by lending institutions
Others₹97.13 Cr
Hdfc Bank Limited₹1.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2025101204321Others₹20 CrOpen
26 Sep 2025101197370Others₹19.72 CrOpen
17 Jul 2025101130108Others₹2.41 CrOpen
18 Mar 2023100703819Hdfc Bank Limited₹1.22 CrOpen
10 Jan 2019100234405Others₹55 CrOpen

To see the full charge records of Topland Engines Private Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Topland Engines Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹2.11 Cr; the latest was in April 2023.

Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹2.11 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Apr 2023Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Govindbhai D. Patel (HUF)
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Jan 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2017Funding round₹26.5 LakhInvestors: Govindbhai D. Patel (HUF), 3 individuals
Mar 2011Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Rajendra G. Patel (HUF), 2 individuals

To see the full deal history of Topland Engines Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Topland Engines Private Limited was last rated by Icra on 07 Sep 2021.

Rating agencyRated onRating
Icra07 Sep 2021

To see the full credit ratings and regulatory alerts of Topland Engines Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Topland Engines Private Limited has a workforce of 260 employees on its EPFO records as of Jan 20, 2026, across 1 active EPFO establishment.

Employee count
260
Active EPFO establishments
1
Employee growth
40.54%

GST

Topland Engines has 12 GST registrations: 7 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
7
Cancelled / inactive
5
GSTINStateStatusRegistered on
24AABCT6162E3ZJGujaratActive08 Feb 2025
24AABCT6162E1DUGujaratActive24 Feb 2025
09AABCT6162E1ZDUttar PradeshActive01 Jul 2017
29AABCT6162E1ZBKarnatakaActive15 Nov 2018

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

Recent activity

Topland Engines Private Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Pankaj Govindbhai Bhanderi was appointed as Director on 30 Sep 2023.

Charges
A charge with Others of Rs. 55.00 Cr registered on 10 Jan 2019 with Charge ID 100234405 was modified on 29 Nov 2025.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101204321 was registered on 28 Nov 2025.
AGM
Topland Engines Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 19.72 Cr with Charge ID 101197370 was registered on 26 Sep 2025.
Charges
A charge with Others amounted to Rs. 2.41 Cr with Charge ID 101130108 was registered on 17 Jul 2025.
Filing
Topland Engines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Pankaj Govindbhai Bhanderi was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.22 Cr with Charge ID 100703819 was registered on 18 Mar 2023.
Ceased
Premkuvarben Govindbhai Patel ceased to be Director.
Charges
A charge registered on 14 Dec 2006 via Charge ID 10030885 with Dena Bank was fully satisfied on 17 Oct 2019.
Charges
A charge registered on 18 Apr 2007 via Charge ID 10050105 with Dena Bank was fully satisfied on 05 Mar 2019.
Charges
A charge with Others amounted to Rs. 55.00 Cr with Charge ID 100234405 was registered on 10 Jan 2019.

15 earlier events are in the company report.

Frequently asked questions

Topland Engines is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 11 April 2001 (25+ years old) and is registered under CIN U29120GJ2001PTC039402.

Topland Engines has 3 current directors:

The latest financial statements of Topland Engines 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 Topland Engines is 24AABCT6162E3ZJ, registered in Gujarat. The company has 12 GST registrations in all, of which 7 are active and 5 are cancelled or inactive. Other active GSTINs include 24AABCT6162E1DU (Gujarat), 09AABCT6162E1ZD (Uttar Pradesh), 29AABCT6162E1ZB (Karnataka).

The CIN (Corporate Identification Number) of Topland Engines is U29120GJ2001PTC039402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Topland Engines has 17 court cases on record: 11 filed by the company and 6 filed against it. 4 are pending. Most are in the high courts.

Topland Engines was incorporated on 11 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Topland Engines has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹2.11 Cr; the latest was in April 2023.

Pankaj Govindbhai Bhanderi was appointed as Director on 30 Sep 2023. Premkuvarben Govindbhai Patel ceased to be Director on 17 Jun 2022. Govindbhai Dayabhai Patel ceased to be Director on 09 Feb 2008. Topland Engines has 5 board changes on record in total.

Yes, Topland Engines is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0004947).