MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0079000
Favourite Electro Engineers Private Limited - engineering in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.53 Cr
▲ 67% YoY
Net profit · FY 2024
₹2.9 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹4.71 Lakh
EBITDA margin 3.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
6
Provident fund records
Directors on board
5
As per MCA filings
About Favourite Electro Engineers Private Limited
Data last updated:
Favourite Electro Engineers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 02 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC109751. Its GSTIN is 24AADCF8431A1Z5 (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Samir Pradipbhai Desai and Rameshwar Choudhary.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.53 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹2.9 Lakh (net margin 1.9%) and EBITDA of ₹4.71 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Favourite Electro Engineers Private Limited.
Favourite Electro Engineers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0079000). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website favouriteelectro.com.
Company details
CIN U74999GJ2019PTC109751
Registration Number 109751
Incorporation Date 02 September 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0079000
Key People
Samir Pradipbhai Desai Director Rameshwar Choudhary Director Santosh Rameshwar Choudhary Director Recognitions & Rankings of Favourite Electro Engineers
Contact details
Favourite Electro Engineers Private Limited's registered office is in Surat, Gujarat. Its website is favouriteelectro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address446 Marvella Corridor, Opp. Croma V.I.P. Road, Surat, Gujarat, India – 395007
- IndustryEngineering, Marine & Naval Engineering
To see the full contact details of Favourite Electro Engineers Private Limited, buy the company report.
Comprehensive company report
Favourite Electro Engineers Private Limited - 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
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Brands
Favourite Electro Engineers operates one associated brand: Favourite Electro Engineers Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ship repairing, marine engine services, and electrical works in India. | favouriteelectro.com |
Business activity
The main business activity of Favourite Electro Engineers is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Favourite Electro Engineers Private Limited, buy the company report.
Financials of Favourite Electro Engineers Private Limited
FY 2025 filings availableFavourite Electro Engineers Private Limited reported revenue of ₹1.53 Cr (up 67% YoY) for FY 2024.
Revenue · FY 2024
₹1.53 Cr ▲ 67%
Net profit · FY 2024
₹2.9 Lakh margin 1.9%
EBITDA · FY 2024
₹4.71 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 51%
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 67% growth in the latest year. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹4.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.9 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Favourite Electro Engineers Private Limited, buy the company report.
Board of directors of Favourite Electro Engineers Private Limited
Favourite Electro Engineers has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Pradipbhai Desai | Director | 25 Aug 2021 | 5 Years 2 Months | Current |
| Rameshwar Choudhary Also directs: Traa Capital Private Limited | Director | 02 Sep 2019 | 7 Years 2 Months | Current |
| Santosh Rameshwar Choudhary | Director | 02 Sep 2019 | 7 Years 2 Months | Current |
| Choudhary Sahil Rameshwar | Director | 18 Nov 2024 | 1 Years 11 Months | Current |
| Shubham Choudhary | Director | 18 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Favourite Electro Engineers Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Marine Engineering), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S. V. Marine Engineering Private Limited | ₹1.6 Cr (FY 2020) | 24.0% | Jamnagar, Gujarat, India | |||
| Favourite Electro Engineers Private Limitedthis company | ₹1.53 Cr (FY 2024) | ₹2.9 Lakh | 1.9% | 67.0% | 6 | Surat, Gujarat, India |
| Ambition Marine Services Private Limited | ₹1.51 Cr (FY 2025) | 84.0% | Agra, Uttar Pradesh, India | |||
| Oceanic Navigation & Engineering Private Limited | ₹1.51 Cr (FY 2025) | -39.0% | Thane, Maharashtra, India |
To see the full peer comparison of Favourite Electro Engineers Private Limited, buy the company report.
Auditor
Favourite Electro Engineers Private Limited is audited by T R A & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R A & CO | FY 2021 | 132664W |
Shareholding
The shareholding of Favourite Electro Engineers Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Favourite Electro Engineers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Favourite Electro Engineers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Favourite Electro Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Favourite Electro Engineers Private Limited has a workforce of 6 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Favourite Electro Engineers Private Limited, buy the company report.
GST
Favourite Electro Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCF8431A1Z5 | Gujarat | Active | 01 Nov 2019 |
To see the full GST registrations and return filing status of Favourite Electro Engineers Private Limited, buy the company report.
Recent activity
Favourite Electro Engineers Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Choudhary Sahil Rameshwar was appointed as Director on 18 Nov 2024.
AGM
Favourite Electro Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Favourite Electro Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Choudhary Sahil Rameshwar was appointed as Director.
Appointed
Shubham Choudhary was appointed as Director.
Ceased
Samir Pradipbhai Desai ceased to be Additional Director.
Appointed
Samir Pradipbhai Desai was appointed as Director.
Appointed
Rameshwar Choudhary was appointed as Director.
Appointed
Santosh Rameshwar Choudhary was appointed as Director.
Incorporation
02 Sep 2019
Favourite Electro Engineers Private Limited was registered on 02 Sep 2019 with Roc Ahmedabad & aged 7 years 2 months as per MCA records.
Frequently asked questions
Favourite Electro Engineers is an active private limited company based in Surat, Gujarat, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 02 September 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC109751.
Favourite Electro Engineers has 5 current directors:
- Samir Pradipbhai Desai - Director
- Rameshwar Choudhary - Director
- Santosh Rameshwar Choudhary - Director
- Choudhary Sahil Rameshwar - Director
- Shubham Choudhary - Director
The latest financial statements of Favourite Electro Engineers 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 2020 are in the company report.
The GSTIN of Favourite Electro Engineers is 24AADCF8431A1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Favourite Electro Engineers is U74999GJ2019PTC109751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Favourite Electro Engineers was incorporated on 02 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Favourite Electro Engineers by revenue are S. V. Marine Engineering Private Limited, Ambition Marine Services Private Limited, Oceanic Navigation & Engineering Private Limited, all in the Engineering industry (Marine Engineering), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities).
Choudhary Sahil Rameshwar was appointed as Director on 18 Nov 2024. Shubham Choudhary was appointed as Director on 18 Nov 2024. Samir Pradipbhai Desai ceased to be Additional Director on 30 Sep 2022. Favourite Electro Engineers has 6 board changes on record in total.
Yes, Favourite Electro Engineers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0079000).
Favourite Electro Engineers can be reached through the website favouriteelectro.com. Its registered office is in Surat, Gujarat, India.
The registered office of Favourite Electro Engineers is at 446 Marvella Corridor, Opp. Croma V.I.P. Road, Surat, Gujarat, India – 395007.
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