MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CH-01-0005384
Track Innovations (India) Pvt Ltd
Track Innovations (India) Pvt Ltd - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹90.06 Cr
▲ 31% YoY
Net profit · FY 2025
₹64.32 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹1.36 Cr
EBITDA margin 1.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.37 Cr
Issued & subscribed
Open charges
₹20.24 Cr
Satisfied ₹42.02 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
2
Provident fund records
About Track Innovations (India) Pvt Ltd
Data last updated:
Track Innovations (India) Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 08 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PTC034965. Its GSTIN is 04AAACT3803B1Z4 (Chandigarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.37 Cr. It is led by directors Damodar Padia and Amit Padia.
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 A – 17 Whs Timber Market Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.06 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹64.32 Lakh (net margin 0.7%) and EBITDA of ₹1.36 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.24 Cr and satisfied charges of ₹42.02 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.
Track Innovations (India) Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0005384). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74899DL1989PTC034965
Registration Number 034965
Incorporation Date 08 February 1989
ROC Delhi
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-CH-01-0005384
Key People
Damodar Padia Director Amit Padia Director Recognitions & Rankings of Track Innovations (India)
Contact details
Track Innovations (India) Pvt Ltd's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 17 Whs Timber Market Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Track Innovations (India) Pvt Ltd, buy the company report.
Comprehensive company report
Track Innovations (India) Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Track Innovations (India) is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Track Innovations (India) Pvt Ltd, buy the company report.
Financials of Track Innovations (India) Pvt Ltd
FY 2025 filings availableTrack Innovations (India) Pvt Ltd reported revenue of ₹90.06 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹90.06 Cr ▲ 31%
Net profit · FY 2025
₹64.32 Lakh margin 0.7%
EBITDA · FY 2025
₹1.36 Cr margin 1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 13%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 2%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 31% growth in the latest year. EBITDA rose 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Track Innovations (India) Pvt Ltd, buy the company report.
Board of directors of Track Innovations (India) Pvt Ltd
Track Innovations (India) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damodar Padia Also directs: Dynasty Traders Pvt Ltd, Dynasty Traders Pvt Ltd | Director | 08 Jan 2010 | 16 Years 9 Months | Current |
| Amit Padia Also directs: PTG Technopak Private Limited | Director | 11 Jan 2010 | 16 Years 9 Months | Current |
Auditor
Track Innovations (India) Pvt Ltd is audited by S. Agarwal & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Agarwal & Co. | FY 2024 | 000808N |
Shareholding
The shareholding of Track Innovations (India) Pvt Ltd 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 Track Innovations (India) Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹20.24 Cr
Satisfied charges
₹42.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2022 | 100603988 | Others | ₹20.24 Cr | Open | |
| 12 Feb 2013 | 10402957 | Tamilnad Mercantile Bank Limited | ₹41 Lakh | Satisfied | |
| 08 Feb 2013 | 10402739 | Tamilnad Mercantile Bank Limited | ₹15 Lakh | Satisfied | |
| 09 Nov 2012 | 10388979 | Tamilnad Mercantile Bank Limited | ₹3 Cr | Satisfied | |
| 24 Nov 2011 | 10325149 | Tamilnad Mercantile Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Track Innovations (India) Pvt Ltd, buy the company report.
Total charge records: 11 View all charges
Legal cases
Track Innovations (India) Pvt Ltd has 6 court cases on record: 3 filed by Track Innovations (India), 3 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S. Jayaswal Neco Industries Ltd., THR. Nitin Amdare | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 25(1) Delhi & Anr. | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by Union of India | Disposed |
| Supreme Court | Court case (4205-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Others) | Filed by the company against Union of India . | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Track Innovations (India) Pvt Ltd, 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.
Credit ratings & regulatory alerts
Track Innovations (India) Pvt Ltd was last rated by Icra on 01 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 01 Jul 2021 |
To see the full credit ratings and regulatory alerts of Track Innovations (India) Pvt Ltd, buy the company report.
MSME payment delays
Track Innovations (India) Pvt Ltd has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 25 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Micromeg Enterprises Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Krishna Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Track Innovations (India) Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Track Innovations (India) Pvt Ltd has a workforce of 2 employees on its EPFO records as of Feb 14, 2025, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Track Innovations (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAACT3803B1Z4 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Track Innovations (India) Pvt Ltd, buy the company report.
Recent activity
Track Innovations (India) Pvt Ltd has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Manish Varma ceased to be Director on 29 Nov 2010.
AGM
Track Innovations (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 20.24 Cr registered on 29 Jul 2022 with Charge ID 100603988 was modified on 19 Jun 2025.
Filing
Track Innovations (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 20.24 Cr with Charge ID 100603988 was registered on 29 Jul 2022.
Charges
A charge registered on 17 Feb 2010 via Charge ID 10232772 with Tamilnad Mercantile Bank Limited was fully satisfied on 01 Jul 2022.
Charges
A charge registered on 12 Feb 2013 via Charge ID 10402957 with Tamilnad Mercantile Bank Limited was fully satisfied on 19 Nov 2018.
Charges
A charge registered on 08 Feb 2013 via Charge ID 10402739 with Tamilnad Mercantile Bank Limited was fully satisfied on 19 Nov 2018.
Charges
A charge registered on 17 Feb 2010 via Charge ID 10212946 with Tamilnad Mercantile Bank Limited was fully satisfied on 26 Dec 2017.
Charges
A charge registered on 17 Feb 2010 via Charge ID 10212947 with Tamilnad Mercantile Bank Limited was fully satisfied on 26 Dec 2017.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 17.00 Cr registered on 17 Feb 2010 with Charge ID 10232772 was modified on 27 May 2016.
Charges
A charge registered on 09 Nov 2012 via Charge ID 10388979 with Tamilnad Mercantile Bank Limited was fully satisfied on 14 Feb 2013.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.41 Cr with Charge ID 10402957 was registered on 12 Feb 2013.
22 earlier events are in the company report.
Frequently asked questions
Track Innovations (India) is an active private limited company based in New Delhi, Delhi, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 08 February 1989 (37+ years old) and is registered under CIN U74899DL1989PTC034965.
Track Innovations (India) has 2 current directors:
- Damodar Padia - Director
- Amit Padia - Director
The latest financial statements of Track Innovations (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 2015 are in the company report.
The GSTIN of Track Innovations (India) is 04AAACT3803B1Z4, registered in Chandigarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Track Innovations (India) is U74899DL1989PTC034965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Track Innovations (India) has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Track Innovations (India) was incorporated on 08 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
Manish Varma ceased to be Director on 29 Nov 2010. Man Mohan Varma ceased to be Director on 23 Feb 2010. Rima Varma ceased to be Director on 23 Feb 2010. Track Innovations (India) has 7 board changes on record in total.
Yes, Track Innovations (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-CH-01-0005384).
Track Innovations (India) has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 25 overdue payments to 16 micro and small suppliers. The latest return was filed on 27 May 2019.
The registered office of Track Innovations (India) is at A – 17 Whs Timber Market Kirti Nagar, New Delhi, Delhi, India – 110015.