MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0009791
Trust Well Engineers (India) Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.68 Cr
▲ 24% YoY
Net profit · FY 2024
₹44.9 Lakh
Net margin 3.5%
EBITDA · FY 2024
₹2.05 Cr
EBITDA margin 16.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹64.07 Lakh
Issued & subscribed
Open charges
₹8.44 Cr
Satisfied ₹17.5 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
26
Provident fund records
About Trust Well Engineers (India) Private Limited
Data last updated:
Trust Well Engineers (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29254PN2010PTC137276. Its GSTIN is 27AADCT5864D1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹64.07 Lakh. It is led by directors including Manali Dilip Ambekar and Dilip Vinayak Ambekar.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.68 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹44.9 Lakh (net margin 3.5%) and EBITDA of ₹2.05 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 16% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Trust Well Engineers. As per MCA filings, the company has open charges of ₹8.44 Cr and satisfied charges of ₹17.5 Lakh on record.
Trust Well Engineers (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0009791). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trustwellindia.com.
Company details
CIN U29254PN2010PTC137276
Registration Number 137276
Incorporation Date 07 September 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0009791
Key People
Manali Dilip Ambekar Director Dilip Vinayak Ambekar Director Jyoti Dilip Ambekar Director Recognitions & Rankings of Trust Well Engineers (India)
Contact details
Trust Well Engineers (India) Private Limited's registered office is in Pune, Maharashtra. Its website is trustwellindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 403 Swojas One Ideal Colony, S.No.129/1 Cts No. 778 Kothrud, Pune, Maharashtra, India – 411038
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Trust Well Engineers (India) Private Limited, buy the company report.
Comprehensive company report
Trust Well Engineers (India) 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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Brands
Trust Well Engineers (India) operates one associated brand: Trust Well Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial boiler manufacturing and waste heat recovery solutions in India. | trustwellindia.com |
Business activity
The main business activity of Trust Well Engineers (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Trust Well Engineers (India) Private Limited, buy the company report.
Financials of Trust Well Engineers (India) Private Limited
FY 2024 filings availableTrust Well Engineers (India) Private Limited reported revenue of ₹12.68 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹12.68 Cr ▲ 24%
Net profit · FY 2024
₹44.9 Lakh margin 3.5%
EBITDA · FY 2024
₹2.05 Cr margin 16.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 27%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 29%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 24% growth in the latest year. EBITDA rose 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.68 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.9 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 Trust Well Engineers (India) Private Limited, buy the company report.
Board of directors of Trust Well Engineers (India) Private Limited
Trust Well Engineers (India) has 3 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 |
|---|---|---|---|---|
| Manali Dilip Ambekar Also directs: Btu Technologies (India) Private Limited | Director | 24 Dec 2014 | 11 Years 10 Months | Current |
| Dilip Vinayak Ambekar Also directs: Trustwell Engineering Services LLP | Director | 07 Sep 2010 | 16 Years 2 Months | Current |
| Jyoti Dilip Ambekar | Director | 07 Sep 2010 | 16 Years 2 Months | Current |
Auditor
Trust Well Engineers (India) Private Limited is audited by Amit G Malu & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit G Malu & Associates | FY 2024 | 138064W |
Shareholding
The shareholding of Trust Well Engineers (India) 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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trust Well Engineers (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.44 Cr
Satisfied charges
₹17.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2022 | 100581371 | Others | ₹24.5 Lakh | Open | |
| 04 Apr 2022 | 100581385 | Others | ₹24.5 Lakh | Open | |
| 17 Sep 2021 | 100487789 | Others | ₹1.2 Cr | Open | |
| 30 Jun 2020 | 100347171 | Others | ₹39.06 Lakh | Open | |
| 25 Jun 2020 | 100347174 | Others | ₹39.06 Lakh | Open |
To see the full charge records of Trust Well Engineers (India) Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Trust Well Engineers (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trust Well Engineers (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Trust Well Engineers (India) Private Limited has a workforce of 26 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
-3.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 26 |
| 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 Trust Well Engineers (India) Private Limited, buy the company report.
GST
Trust Well Engineers (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT5864D1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Trust Well Engineers (India) Private Limited, buy the company report.
Recent activity
Trust Well Engineers (India) Private Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Vimal Vinayak Ambekar ceased to be Director on 23 Dec 2024.
Charges
A charge with Others of Rs. 1.60 Cr registered on 12 Feb 2019 with Charge ID 100241256 was modified on 16 Apr 2025.
Ceased
Vimal Vinayak Ambekar ceased to be Director.
AGM
Trust Well Engineers (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Trust Well Engineers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others of Rs. 4.00 Cr registered on 03 Dec 2011 with Charge ID 10325399 was modified on 14 Oct 2022.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100581371 was registered on 05 Apr 2022.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100581385 was registered on 04 Apr 2022.
Ceased
Vinayak Balwant Ambekar ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100487789 was registered on 17 Sep 2021.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100347171 was registered on 30 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100347174 was registered on 25 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100306433 was registered on 05 Nov 2019.
12 earlier events are in the company report.
Frequently asked questions
Trust Well Engineers (India) is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 September 2010 (16+ years old) and is registered under CIN U29254PN2010PTC137276.
Trust Well Engineers (India) has 3 current directors:
- Manali Dilip Ambekar - Director
- Dilip Vinayak Ambekar - Director
- Jyoti Dilip Ambekar - Director
The latest financial statements of Trust Well Engineers (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Trust Well Engineers (India) is 27AADCT5864D1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Trust Well Engineers (India) is U29254PN2010PTC137276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trust Well Engineers (India) was incorporated on 07 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Vimal Vinayak Ambekar ceased to be Director on 23 Dec 2024. Vinayak Balwant Ambekar ceased to be Director on 02 Jan 2022. Manali Dilip Ambekar ceased to be Additional Director on 30 Sep 2015. Trust Well Engineers (India) has 7 board changes on record in total.
Yes, Trust Well Engineers (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0009791).
Trust Well Engineers (India) can be reached through the website trustwellindia.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Trust Well Engineers (India) is at Office No. 403 Swojas One Ideal Colony, S.No.1291 Cts No. 778 Kothrud, Pune, Maharashtra, India – 411038.
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