MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-23-0023732
Vasav Precision Engineering Private Limited - machinery and equipment in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹70.73 Cr
▼ 1% YoY
Net profit · FY 2024
₹3.35 Cr
Net margin 4.7%
EBITDA · FY 2024
₹5.93 Cr
EBITDA margin 8.4%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹7.31 Cr
Satisfied ₹20 Lakh
Company age
38 yrs
Est. 1988
Employees · EPFO
29
Provident fund records
About Vasav Precision Engineering Private Limited
Data last updated:
Vasav Precision Engineering Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 30 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29200MH1988PTC049851. Its GSTIN is 27AAACV9536F1Z4 (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Ashok Vasav Kadakkal and Chirag Vasav Ashok.
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 H – 45 Midcsatpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2024, the company reported a revenue of ₹70.73 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.35 Cr (net margin 4.7%) and EBITDA of ₹5.93 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 19% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vasav Group. As per MCA filings, the company has open charges of ₹7.31 Cr and satisfied charges of ₹20 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Vasav Precision Engineering Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0023732). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vasavgroup.com.
Company details
CIN U29200MH1988PTC049851
Registration Number 049851
Incorporation Date 30 November 1988
ROC Mumbai
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-MH-23-0023732
Key People
Ashok Vasav Kadakkal Director Chirag Vasav Ashok Director Deep Ashok Kadakkal Vasav Director Recognitions & Rankings of Vasav Precision Engineering
Contact details
Vasav Precision Engineering Private Limited's registered office is in Nashik, Maharashtra. Its website is vasavgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH – 45 Midcsatpur, Nashik, Maharashtra, India – 422007
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Vasav Precision Engineering Private Limited, buy the company report.
Comprehensive company report
Vasav Precision Engineering 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
Vasav Precision Engineering operates one associated brand: Vasav Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Component manufacturing and engineering services in India. | vasavgroup.com |
Business activity
The main business activity of Vasav Precision Engineering is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Vasav Precision Engineering Private Limited, buy the company report.
Financials of Vasav Precision Engineering Private Limited
FY 2025 filings availableVasav Precision Engineering Private Limited reported revenue of ₹70.73 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹70.73 Cr ▼ 1%
Net profit · FY 2024
₹3.35 Cr margin 4.7%
EBITDA · FY 2024
₹5.93 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 59%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 42%
5 years · compounded
▲ 24%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 3% 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 |
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| EBITDA | ₹5.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.35 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vasav Precision Engineering Private Limited, buy the company report.
Board of directors of Vasav Precision Engineering Private Limited
Vasav Precision Engineering has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Vasav Kadakkal Also directs: Omicron Machine Tools Private Limited | Director | 30 Nov 1988 | 37 Years 10 Months | Current |
| Chirag Vasav Ashok Also directs: Omicron Machine Tools Private Limited | Director | 11 Dec 2012 | 13 Years 10 Months | Current |
| Deep Ashok Kadakkal Vasav Also directs: Omicron Machine Tools Private Limited | Director | 09 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Vasav Precision Engineering Private Limited is audited by Prakash G Pathak & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Prakash G Pathak & Company | FY 2023 | 126975W |
Shareholding
The shareholding of Vasav Precision Engineering 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 Vasav Precision Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.31 Cr
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2024 | 100953005 | Sidbi | ₹1.2 Cr | Open | |
| 07 Mar 2024 | 100891071 | The South Indian Bank Limited | ₹15 Lakh | Open | |
| 09 Nov 2023 | 100820743 | The South Indian Bank Limited | ₹1 Cr | Open | |
| 07 Jan 2023 | 100684178 | Others | ₹1.55 Cr | Open | |
| 04 Jan 2022 | 100523872 | The South Indian Bank Limited | ₹90 Lakh | Open |
To see the full charge records of Vasav Precision Engineering Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Vasav Precision Engineering Private Limited has 2 court cases on record: 1 filed by Vasav Precision Engineering, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| District court, Nashik, Maharashtra | Court case (R.C.A.) | Filed by the company against Maharashtra Industrial Development Corporation Etc and 6 others | Disposed |
To see the full case history of Vasav Precision Engineering 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 Vasav Precision Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasav Precision Engineering Private Limited has a workforce of 29 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
3.57%
GST
Vasav Precision Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV9536F1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vasav Precision Engineering Private Limited, buy the company report.
Recent activity
Vasav Precision Engineering Private Limited has 7 board changes on record since 1988: 5 appointments and 2 cessations. The latest: Surendra Keshav Nath ceased to be Director on 15 Nov 2021.
AGM
Vasav Precision Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vasav Precision Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Sidbi amounted to Rs. 119.97 Lakh with Charge ID 100953005 was registered on 29 Jul 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100891071 was registered on 07 Mar 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100820743 was registered on 09 Nov 2023.
Charges
A charge with Others amounted to Rs. 155.00 Lakh with Charge ID 100684178 was registered on 07 Jan 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 100523872 was registered on 04 Jan 2022.
Ceased
Surendra Keshav Nath ceased to be Director.
Appointed
Deep Ashok Kadakkal Vasav was appointed as Director.
Charges
A charge with Others amounted to Rs. 8.00 Lakh with Charge ID 100474494 was registered on 18 Aug 2021.
Charges
A charge with Others amounted to Rs. 18.97 Lakh with Charge ID 100345800 was registered on 09 Jun 2020.
Charges
A charge registered on 21 Dec 2012 via Charge ID 10394738 with State Bank Of Hyderabad was fully satisfied on 24 Sep 2019.
11 earlier events are in the company report.
Frequently asked questions
Vasav Precision Engineering is an active private limited company based in Nashik, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 30 November 1988 (38+ years old) and is registered under CIN U29200MH1988PTC049851.
Vasav Precision Engineering has 3 current directors:
- Ashok Vasav Kadakkal - Director
- Chirag Vasav Ashok - Director
- Deep Ashok Kadakkal Vasav - Director
The latest financial statements of Vasav Precision Engineering 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 Vasav Precision Engineering is 27AAACV9536F1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vasav Precision Engineering is U29200MH1988PTC049851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasav Precision Engineering has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Vasav Precision Engineering was incorporated on 30 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Surendra Keshav Nath ceased to be Director on 15 Nov 2021. Deep Ashok Kadakkal Vasav was appointed as Director on 09 Nov 2021. Chirag Vasav Ashok was appointed as Director on 11 Dec 2012. Vasav Precision Engineering has 7 board changes on record in total.
Yes, Vasav Precision Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-23-0023732).
Vasav Precision Engineering can be reached through the website vasavgroup.com. Its registered office is in Nashik, Maharashtra, India.