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MILLTEC MACHINERY PRIVATE LIMITED
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Updated: 18 Jul 2025
Milltec Machinery Private Limited, is an unlisted private company incorporated on 06 March, 2019. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 2,572.31 cr and the total paid-up capital is INR 2,572.14 cr.
Milltec Machinery's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 51.8% over the previous year. At the same time, it's book networth has increased by 22.09%.
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Industry and products
Manufacturing (Machinery & Equipments)
- Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
Company size
₹ 2,572.3 Cr
₹ 2,572.1 Cr
₹ 750-1000 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores. Based on March 2024 numbers.
Total Revenue
15.62%
15.62%
EBITDA
26.8%
26.8%
Net Profit
52.14%
52.14%
Networth
19.96%
19.96%
Borrowings
-
Assets
15.42%
15.42%
Gross Margin
1.08
1.08
Operating Margin
2.46
2.46
Net Profit Margin
2.9
2.9
Return on Equity
2.95
2.95
ROCE
1.81
1.81
Debt to Equity
-0.07
-0.07
Sales
Mar 2024
Net worth
Mar 2024
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Locations
India
(5)
| State | Type | Address |
|---|
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| CFO | Devanand Achuthan | <HIDDEN> | 5 years |
| Director | Noam Silberstein | 08504115 | 5 years |
| Director | Ryan Gordon Kipp | 08504133 | 5 years |
| Kmp | Rajan Aggarwal | <HIDDEN> | 5 years |
| Additional Director | Rajan Aggarwal | 09781804 | 3 years |
| Additional Director | Paul David Householder | 09813963 | 3 years |
| Kmp | Saikat Ray | <HIDDEN> | 1 years |
Financial Highlights
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Operating profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Net profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Gross margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Operating margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Net margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Networth | |||||
| Borrowings | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Assets | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Debt to equity | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Current ratio | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| ROE | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Days payable | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| WC days | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Margins
Gross margin
Operating margin
Net margin
Balance Sheet
₹
%
Financials upto March 2024 available in Tofler Pro
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Reserves | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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| Total assets | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Total assets
Charges on assets
Bank wise
Charges
1
The Hongkong and Shanghai Banking Corporation Limited
No. of Loans: 1
Total Amount : 43.5 cr
Charges
The Hongkong and Shanghai Banking Corporation Limited
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| MILLTEC MACHINERY LIMITED |
Amalgamated
|
10.0 Cr | 3 | Karnataka |
Tofler Score
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Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is
dependent on three key factors - Sustainability, Governance, and Growth.
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Registered Details
CIN
U29299KA2019PTC122150PAN
AABCZ3384NIncorporation
2019, 6.4 yearsCompany Email
ganesh.s@aggrowth.comPaid up Capital
₹ 2,572.1 CrAuthorised Capital
₹ 2,572.3 CrAGM
Nov 2023Type
Private
Non-government Company
FAQ - MILLTEC MACHINERY PRIVATE LIMITED
What is the incorporation date of MILLTEC MACHINERY PRIVATE LIMITED?
The incorporation date of MILLTEC MACHINERY PRIVATE LIMITED is 06 March, 2019
What is the authorized share capital of MILLTEC MACHINERY PRIVATE LIMITED?
The authorized share capital of MILLTEC MACHINERY PRIVATE LIMITED is INR ₹ 2,572.3 Cr.
What is the paid-up capital of MILLTEC MACHINERY PRIVATE LIMITED?
The paid-up capital of MILLTEC MACHINERY PRIVATE LIMITED is INR ₹ 2,572.1 Cr.
What is the registered address of MILLTEC MACHINERY PRIVATE LIMITED?
The registered address of MILLTEC MACHINERY PRIVATE LIMITED is No. 51/A Phase-1 KIADB Industrial Area Bommasandra Bengaluru Bangalore Karnataka - 560099
What is the CIN number of MILLTEC MACHINERY PRIVATE LIMITED?
The CIN number of MILLTEC MACHINERY PRIVATE LIMITED is U29299KA2019PTC122150.
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