Ajit Engineering Works Limited
About Ajit Engineering Works Limited
Data last updated:
Ajit Engineering Works Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 01 June 1962 and has been in existence for over 64 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH1962PLC012368.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Prakash Somana Lad and Shashikant Eknath Ahire.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Veena Industrial Estatevillage Itariali L B S Road Opp Punjab Sind Bank Vikhroli, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.31 Lakh, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹10.97 Lakh (net margin 32.9%) and EBITDA of ₹15.75 Lakh (EBITDA margin 47.3%). Revenue has declined at a compounded annual rate (CAGR) of 197% over three years and 1% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressVeena Industrial Estatevillage Itariali L B S Road Opp Punjab Sind Bank Vikhroli, Mumbai, Maharashtra, India – 400083
- IndustryEngineering, Industrial Maintenance & Repair Services
- 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
- One PDF report, delivered after checkout
Business Activity of Ajit Engineering Works Limited
The main business activity of Ajit Engineering Works is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ajit Engineering Works Limited FY 2025 filings available
Ajit Engineering Works Limited reported revenue of ₹33.31 Lakh (up 70% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ajit Engineering Works Limited
Revenue rose 70% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 56% 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 of Ajit Engineering Works Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹15.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.97 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 of Ajit Engineering Works Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 32.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ajit Engineering Works are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ajit Engineering Works Limited
Ajit Engineering Works Limited is compared with the companies closest to it by revenue in the Business Services industry (Facility Management Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dba Clean Cart Private Limited | ₹33.65 Lakh (FY 2020) | •••• | •••• | -2.0% | •••• | Satara, Maharashtra, India |
| NJ Pest Control Private Limited | ₹33.62 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Dynamic Personnel Security Services Private Limited | ₹33.55 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| BHSK Securitas and Services Private Limited | ₹33.37 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Ujjain, Madhya Pradesh, India |
| Calcutta Management Pvt.Ltd. | ₹33.33 Lakh (FY 2025) | •••• | •••• | 72.0% | •••• | Kolkata, West Bengal, India |
| Ajit Engineering Works Limited this company | ₹33.31 Lakh (FY 2024) | •••• | •••• | 70.0% | •••• | Mumbai, Maharashtra, India |
| Neminath Vaastu Private Limited | ₹33.22 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Team Orange Services & Maintenance Private Limited | ₹33.22 Lakh (FY 2024) | •••• | •••• | 57.0% | •••• | Goa, India |
| Navnature Industries Private Limited | ₹33.21 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Micro Rings Facility Private Limited | ₹33.1 Lakh (FY 2023) | •••• | •••• | •••• | Koramangala, Karnataka, India | |
| Aptrio Consortium India Private Limited | ₹32.97 Lakh (FY 2025) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ajit Engineering Works by revenue in the Business Services industry (Facility Management Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ajit Engineering Works Limited
Ajit Engineering Works Limited is audited by GADA CHHEDA & CO. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GADA CHHEDA & CO. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Ajit Engineering Works Limited
Ajit Engineering Works Limited currently reports 5 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Somana Lad | Director | 27 Feb 2007 | 19 Years 7 Months | Current |
| Robert John Soares | Ceo | 25 Oct 2025 | 0 Years 11 Months | Current |
| Shashikant Eknath Ahire | Director | 04 Aug 2008 | 18 Years 2 Months | Current |
| Pradeepkumar Gopala Kurup | Director | 21 Oct 2022 | 3 Years 11 Months | Current |
| Sabu Joseph | Director | 12 Jun 2023 | 3 Years 3 Months | Current |
| Gopal Utekar Narayan | Director | 08 Mar 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Ajit Engineering Works Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ajit Engineering Works Limited
Ajit Engineering Works Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ajit Engineering Works Limited
Ajit Engineering Works Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Maharashtra Private Security Guards | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ajit Engineering Works Limited
Employment history and EPFO contributions of people linked to Ajit Engineering Works.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ajit Engineering Works Limited
Ajit Engineering Works Limited has 19 board changes on record since 2007: 6 appointments and 13 cessations. The latest: Robert John Soares was appointed as CEO on 25 Oct 2025.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ajit Engineering Works Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ajit Engineering Works Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ajit Engineering Works Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ajit Engineering Works Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ajit Engineering Works Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ajit Engineering Works Limited
Ajit Engineering Works is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 01 June 1962 (64+ years old) and is registered under CIN U29100MH1962PLC012368.
Ajit Engineering Works reported revenue of ₹33.31 Lakh for FY 2024 (up 70% YoY).
Ajit Engineering Works has 6 current directors and KMP:
- Prakash Somana Lad - Director
- Shashikant Eknath Ahire - Director
- Pradeepkumar Gopala Kurup - Director
- Sabu Joseph - Director
- Gopal Utekar Narayan - Director
- Robert John Soares - Ceo
Ajit Engineering Works reported a net profit of ₹10.97 Lakh (net margin 32.9%) and EBITDA of ₹15.75 Lakh (EBITDA margin 47.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ajit Engineering Works is 197% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 70%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ajit Engineering Works is U29100MH1962PLC012368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajit Engineering Works has 1 court case on record: 1 filed against it.
Ajit Engineering Works was incorporated on 01 June 1962, making it 64+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ajit Engineering Works by revenue are Dba Clean Cart Private Limited, NJ Pest Control Private Limited, Dynamic Personnel Security Services Private Limited, BHSK Securitas and Services Private Limited, Calcutta Management Pvt.Ltd. and 5 more, all in the Business Services industry (Facility Management Services).
Robert John Soares was appointed as CEO on 25 Oct 2025. Milapchand Hastimal Jogani ceased to be Director on 25 Sep 2024. Jayant Krishnappa Bangera ceased to be Director on 26 Sep 2023. Ajit Engineering Works has 19 board changes on record in total.
The registered office of Ajit Engineering Works is at Veena Industrial Estatevillage Itariali L B S Road Opp Punjab Sind Bank Vikhroli, Mumbai, Maharashtra, India – 400083.