About Twin Engineers Private Limited
Data last updated:
Twin Engineers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299MH1990PTC056380. Its GSTIN is 27AAACT6837F1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Pradeep Shripal Bhalwankar (Managing Director) and Sanchita Pradeep Bhalwankar.
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. J – 524 MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.48 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 4%) and EBITDA of ₹3.35 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
The company has about 117 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Twin Engineers. As per MCA filings, the company has open charges of ₹7.18 Cr and satisfied charges of ₹11.93 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website twinengineers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. J – 524 MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Twin Engineers Private Limited
The main business activities of Twin Engineers are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Twin Engineers Private Limited FY 2024 filings available
Twin Engineers Private Limited reported revenue of ₹38.48 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Twin Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 11% growth in the latest year. EBITDA fell 30% 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 Twin Engineers Private Limited
| 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 | ₹38.48 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.55 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 of Twin Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| 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 Twin Engineers 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 Twin Engineers Private Limited
Twin Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apollozenith Concrete Technologies Private Limited | ₹38.93 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mehsana, Gujarat, India |
| Ecartes Technology Private Limited | ₹38.65 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| RK Label Printing Machinery Private Limited | ₹38.62 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Armech Engineers Private Limited | ₹38.62 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Renuka Equipments Private Limited | ₹38.61 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Nagpur, Maharashtra, India |
| Twin Engineers Private Limited this company | ₹38.48 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Lucy Engineering Works Private Limited | ₹38.47 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Surat, Gujarat, India |
| Jumac Manufacturing Pvt Ltd | ₹38.4 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| Serap India Private Limited | ₹38.25 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Halol, Gujarat, India |
| NK Techno Craft India Private Limited | ₹38.25 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| FCS Manufacturing (India) Private Limited | ₹38.18 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Twin Engineers by revenue in the Machinery and Equipment industry (Process Machinery), 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 Twin Engineers Private Limited
Twin Engineers Private Limited is audited by Mayabhate Badve & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mayabhate Badve & Associates | 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 Twin Engineers Private Limited
Twin Engineers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Shripal Bhalwankar | Managing Director | 30 Apr 1990 | 36 Years 5 Months | Current |
| Sanchita Pradeep Bhalwankar | Director | 15 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Twin Engineers 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 Twin Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2019 | Hdfc Bank Limited | ₹6.75 Cr | Open |
| 08 Aug 2019 | Axis Bank Limited | ₹11.84 Lakh | Open |
| 18 Mar 1993 | The Maharashtra State | ₹31.35 Lakh | Open |
| 31 Mar 2001 | Axis Bank Limited | ₹11.25 Cr | Satisfied |
| 23 Mar 1998 | Indusind Bank Limited | ₹40 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Twin Engineers Private Limited
Twin Engineers Private Limited has 9 court cases on record: 8 filed by Twin Engineers, 1 filed against it. 1 case is pending and 8 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed by the company against Niswa Engg Solutions | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Flash Electronics I Pvt. Ltd | Disposed |
| Bombay High Court | Court case (APPW) | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Flash Electronics I Pvt. Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 9 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.
MSME Payment Delays by Twin Engineers Private Limited
Twin Engineers Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 13 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Bhagwati Filters Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Vashi Integrated Solutions Limited | •••• | •••• | •••• |
| R. S. Technologies | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Twin Engineers Private Limited
Twin Engineers operates one associated brand: Twin Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of mixing and dispensing machines for resins, epoxy, and silicone in manufacturing sectors. | twinengineers.com |
Employees and EPFO Compliance at Twin Engineers Private Limited
Twin Engineers Private Limited has a workforce of 117 employees as of Jan 26, 2025.
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 Twin Engineers Private Limited
Twin Engineers Private Limited has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Ashutosh Prabhudas Bhupatkar ceased to be Director on 13 Oct 2023.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Twin Engineers 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.
Subsidiaries & Group Companies of Twin Engineers 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 Twin Engineers Private Limited
Twin Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT6837F1Z8 | 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 Twin Engineers 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 Twin Engineers Private Limited
Twin Engineers is an active private limited company based in Pune, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 30 April 1990 (36+ years old) and is registered under CIN U29299MH1990PTC056380.
Twin Engineers reported revenue of ₹38.48 Cr for FY 2024 (up 11% YoY).
Twin Engineers has 2 current directors:
- Pradeep Shripal Bhalwankar - Managing Director
- Sanchita Pradeep Bhalwankar - Director
Twin Engineers reported a net profit of ₹1.55 Cr (net margin 4%) and EBITDA of ₹3.35 Cr (EBITDA margin 8.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Twin Engineers is 14% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Twin Engineers is 27AAACT6837F1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Twin Engineers is U29299MH1990PTC056380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Twin Engineers has 9 court cases on record: 8 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Twin Engineers was incorporated on 30 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Twin Engineers by revenue are Apollozenith Concrete Technologies Private Limited, Ecartes Technology Private Limited, RK Label Printing Machinery Private Limited, Armech Engineers Private Limited, Renuka Equipments Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Ashutosh Prabhudas Bhupatkar ceased to be Director on 13 Oct 2023. Sanchita Pradeep Bhalwankar ceased to be Additional Director on 11 Oct 2016. Sanchita Pradeep Bhalwankar was appointed as Director on 15 Jul 2016. Twin Engineers has 4 board changes on record in total.
Twin Engineers has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 13 overdue payments to 13 micro and small suppliers. The latest return was filed on 10 Dec 2019.