Accumax Engineering Private Limited

Manufactures and exports industrial blades, including circular blades, knives, and cutting tools.

1979 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: January 11, 2025

Accumax Engineering Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.27 Cr
  • Company Age 45 Year, 4 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 1.60 Cr
  • Satisfied Charges ₹ 8.60 M
  • Revenue Growth -29.90%
  • Profit Growth -58.03%
  • Ebitda 1173.72%
  • Net Worth -10.91%
  • Total Assets -0.43%

About Accumax Engineering

Accumax Engineering Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 October 1979 and has a history of 45 years and four months. Its registered office is in Navi Mumbai, Maharashtra.

The Corporate was formerly known as Accumax Engineering Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2015. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 2.27 Cr.

The company currently has active open charges totaling ₹1.60 Cr. The company has closed loans amounting to ₹8.60 M, as per Ministry of Corporate Affairs (MCA) records.

Jagdish Kamath and Kamat Dinkar serve as directors at the Company.

Company Details

  • Location
    Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28900MH1979PTC021743

  • Company No.

    021743

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 1979

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Accumax Engineering Private Limited offer?

Accumax Engineering Private Limited offers a wide range of products and services, including Saw Blades & Grinding Wheels, Grinding Wheels, Diamond Tools, Diamond Segment, Cutting & Saw Blades, Diamond Cutting Tools, Circular Saw Blades, Chisels & Professional Hand Tools, Hand Files & Planers, Cutting Tools & Milling Cutter.

Who are the key members and board of directors at Accumax Engineering?

Executive Team (1)

Name Designation Appointment Date Status
Kamat Dinkar Country flag representing In Managing Director 01-Nov-1990 Current

Board Members (1)

Name Designation Appointment Date Status
Jagdish Kamath Country flag representing In Additional Director 13-Dec-2015 Current

Financial Performance of Accumax Engineering.

Accumax Engineering Private Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 29.9% decrease. The company also saw a substantial fall in profitability, with a 58.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-29.90%
Revenue from Operations
-14.87%
Total Assets
-0.43%
Profit or Loss
-58.03%
Net Worth
-10.91%
EBITDA
1173.72%

What is the Ownership and Shareholding Structure of Accumax Engineering?

In 2015, Accumax Engineering had a promoter holding of 50.67% and a public holding of 49.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.60 Cr

Satisfied Charges

₹0.86 Cr

Charges Breakdown by Lending Institutions

  • Corporation Bank : 1.60 Cr

Latest Charge Details

Date Lender Amount Status
13 Oct 2011 Corporation Bank ₹1.60 Cr Open
10 Jan 1996 Bank Of Maharashtra ₹6.60 M Satisfied
22 Sep 1988 Central Bank Of India ₹2.00 M Satisfied

How Many Employees Work at Accumax Engineering?

Unlock and access historical data on people associated with Accumax Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accumax Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Accumax Engineering's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Accumax Engineering

Recent activity within the organization

  • Director Appointment

    Jagdish Anant Kamath was appointed as a Additional Director was appointed as a Additional Director on 13 Dec 2015 & has been associated with this company since 9 years 1 month .

    13 Dec 2015

  • Annual General Meeting

    Accumax Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    Accumax Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai.

    31 Mar 2015

  • Charges

    A charge with Corporation Bank of Rs. 1.60 Cr registered on 13 Oct 2011 with Charge ID 10311965 was modified on 05 Dec 2012.

    05 Dec 2012

  • Charges

    A charge with Corporation Bank amounted to Rs. 1.60 Cr with Charge ID 10311965 was registered on 13 Oct 2011.

    13 Oct 2011

  • Charges

    A charge registered on 10 Jan 1996 via Charge ID 90189131 with Bank Of Maharashtra was fully satisfied on 20 Jun 2011.

    20 Jun 2011

Frequently asked questions

  • Accumax Engineering Private Limited was incorporated on 04 Oct 1979.

  • The authorized share capital of Accumax Engineering Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.27 Cr.

  • Currently 2 directors are associated with Accumax Engineering Private Limited.

    • Jagdish Anant Kamath
    • Kamat Neelima Dinkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accumax Engineering Private Limited is Plot No D-302 Ttc Industrial Area Midc, Turbhe India, Navi Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Accumax Engineering Private Limited is U28900MH1979PTC021743 and the company number is 021743 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accumax Engineering Private Limited is https://www.accumaxsaws.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Accumax Engineering Private Limited has fallen by -29.90%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Accumax Engineering Private Limited has experienced an downturn of -10.91%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Accumax Engineering Private Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Accumax Engineering Private Limited was filed with the ROC on 31 Mar 2015.

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