White-Bear Refrigeration India Private Limited

White-Bear Refrigeration India Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U29100PN2016PTC164503 Incorporated 14 May 2016 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2024
₹1.31 Cr
▲ 66% YoY
Net profit · FY 2024
₹1.43 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹4.28 Lakh
EBITDA margin 3.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About White-Bear Refrigeration India Private Limited

Data last updated:

White-Bear Refrigeration India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Mirhae Engineering India Private Limited. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 14 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29100PN2016PTC164503. Its GSTIN is 27AABCW8144P1ZN (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sanchit Vasant Kulkarni and Atul Prabhakar Khare.

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 Flat No 2 Hindustan Classic Bombay Sappers Colony Wadgaon Sheri, Pune, Maharashtra, India – 411014.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.31 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Lakh (net margin 1.1%) and EBITDA of ₹4.28 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 304% over three years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29100PN2016PTC164503
Registration Number 164503
Incorporation Date 14 May 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mirhae Engineering India Private Limited
Compliance Status Active Compliant

Contact details

White-Bear Refrigeration India Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Flat No 2 Hindustan Classic Bombay Sappers Colony Wadgaon Sheri, Pune, Maharashtra, India – 411014
  • Industry
    Machinery and Equipment, Industrial Compressors & Pneumatic Systems

To see the full contact details of White-Bear Refrigeration India Private Limited, buy the company report.

Comprehensive company report
White-Bear Refrigeration India Private Limited - one report that includes everything
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  • 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 White-Bear Refrigeration India is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing28Manufacture of machinery and equipment n.e.c.

To see the full business activity and turnover split of White-Bear Refrigeration India Private Limited, buy the company report.

Financials of White-Bear Refrigeration India Private Limited

FY 2025 filings available

White-Bear Refrigeration India Private Limited reported revenue of ₹1.31 Cr (up 66% YoY) for FY 2024.

Revenue · FY 2024
₹1.31 Cr ▲ 66%
Net profit · FY 2024
₹1.43 Lakh margin 1.1%
EBITDA · FY 2024
₹4.28 Lakh margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 304%
EBITDA CAGR growth
1 year
▲ 170%
3 years · compounded
▲ 112%
5 years · compounded
▲ 71%

Revenue has grown at a compounded annual rate (CAGR) of 304% over three years, including 66% growth in the latest year. EBITDA rose 170% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.28 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.43 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.3%
Net Profit Margin1.1%
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 White-Bear Refrigeration India Private Limited, buy the company report.

Board of directors of White-Bear Refrigeration India Private Limited

White-Bear Refrigeration India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanchit Vasant KulkarniDirector28 Jun 201610 Years 4 MonthsCurrent
Atul Prabhakar KhareDirector14 May 201610 Years 5 MonthsCurrent

Auditor

White-Bear Refrigeration India Private Limited is audited by S N D A & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
S N D A & ASSOCIATESFY 2021128886W

Shareholding

The shareholding of White-Bear Refrigeration India Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of White-Bear Refrigeration India Private Limited, buy the company report.

MSME payment delays

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

GST

White-Bear Refrigeration India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCW8144P1ZNMaharashtraActive12 Aug 2020

To see the full GST registrations and return filing status of White-Bear Refrigeration India Private Limited, buy the company report.

Recent activity

White-Bear Refrigeration India Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Uday Yashwant Kulkarni ceased to be Director on 19 Jan 2018.

AGM
White-Bear Refrigeration India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
White-Bear Refrigeration India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Uday Yashwant Kulkarni ceased to be Director.
Ceased
Sanchit Vasant Kulkarni ceased to be Additional Director.
Appointed
Sanchit Vasant Kulkarni was appointed as Director.
Appointed
Atul Prabhakar Khare was appointed as Director.
Incorporation
14 May 2016
White-Bear Refrigeration India Private Limited was registered on 14 May 2016 with Roc Pune & aged 10 years 5 months as per MCA records.

Frequently asked questions

White-Bear Refrigeration India is an active private limited company based in Pune, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 14 May 2016 (10+ years old) and is registered under CIN U29100PN2016PTC164503.

White-Bear Refrigeration India has 2 current directors:

The latest financial statements of White-Bear Refrigeration India 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 FY 2017 are in the company report.

The GSTIN of White-Bear Refrigeration India is 27AABCW8144P1ZN, registered in Maharashtra.

The CIN (Corporate Identification Number) of White-Bear Refrigeration India is U29100PN2016PTC164503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

White-Bear Refrigeration India was incorporated on 14 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.

Uday Yashwant Kulkarni ceased to be Director on 19 Jan 2018. Sanchit Vasant Kulkarni ceased to be Additional Director on 28 Sep 2017. Sanchit Vasant Kulkarni was appointed as Director on 28 Jun 2016. White-Bear Refrigeration India has 4 board changes on record in total.

The registered office of White-Bear Refrigeration India is at Flat No 2 Hindustan Classic Bombay Sappers Colony Wadgaon Sheri, Pune, Maharashtra, India – 411014.

White-Bear Refrigeration India operates in the machinery and equipment industry, in the industrial compressors and pneumatic systems segment.

The compliance status of White-Bear Refrigeration India is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.