MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0058438
Jolly Elevators Pvt Ltd
Jolly Elevators Pvt Ltd - automobile in Mumabi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.9 Cr
▼ 48% YoY
Net profit · FY 2025
₹1.7 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹12.53 Lakh
EBITDA margin 6.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
44 yrs
Est. 1982
Employees · EPFO
11
Provident fund records
Directors on board
5
As per MCA filings
About Jolly Elevators Pvt Ltd
Data last updated:
Jolly Elevators Pvt Ltd is a private limited company based in Mumabi, Maharashtra, India. It operates in the machinery repair and installation or automotive services segment of the automobiles sector. It was incorporated on 08 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1982PTC028429. Its GSTIN is 27AAACJ2076Q1Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Devidas Sheshgiri Prabhu and Ashok Sheshgiri Prabhu.
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 4 Gr Floor Rehemat Manzil75 Veer Nariman Rd Churchagate, Mumabi, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.9 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Lakh (net margin 0.9%) and EBITDA of ₹12.53 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it.
Jolly Elevators Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0058438). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31200MH1982PTC028429
Registration Number 028429
Incorporation Date 08 October 1982
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0058438
Key People
Devidas Sheshgiri Prabhu Director Ashok Sheshgiri Prabhu Director Gokuldas Sheshgiri Prabhu Director Recognitions & Rankings of Jolly Elevators
Contact details
Jolly Elevators Pvt Ltd's registered office is in Mumabi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 Gr Floor Rehemat Manzil75 Veer Nariman Rd Churchagate, Mumabi, Maharashtra, India – 400020
- IndustryAutomobile, Machinery Repair & Installation Or Automotive Services
To see the full contact details of Jolly Elevators Pvt Ltd, buy the company report.
Comprehensive company report
Jolly Elevators 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
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Business activity
The main business activity of Jolly Elevators is manufacturing. In detail, this covers repair and installation of machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 33 | Repair and installation of machinery and equipment |
To see the full business activity and turnover split of Jolly Elevators Pvt Ltd, buy the company report.
Financials of Jolly Elevators Pvt Ltd
FY 2025 filings availableJolly Elevators Pvt Ltd reported revenue of ₹1.9 Cr (down 48% YoY) for FY 2025.
Revenue · FY 2025
₹1.9 Cr ▼ 48%
Net profit · FY 2025
₹1.7 Lakh margin 0.9%
EBITDA · FY 2025
₹12.53 Lakh margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 2%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 6%
5 years · compounded
▲ 9%
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 93% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.7 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 | |||||
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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 | 6.6% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Jolly Elevators Pvt Ltd, buy the company report.
Board of directors of Jolly Elevators Pvt Ltd
Jolly Elevators has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devidas Sheshgiri Prabhu | Director | 08 Oct 1982 | 44 Years 1 Months | Current |
| Ashok Sheshgiri Prabhu | Director | 08 Oct 1982 | 44 Years 1 Months | Current |
| Gokuldas Sheshgiri Prabhu | Director | 08 Oct 1982 | 44 Years 1 Months | Current |
| Paresh Gokuldas Prabhu | Director | 14 Feb 2018 | 8 Years 9 Months | Current |
| Parag Devidas Prabhu | Director | 02 Jul 2012 | 14 Years 4 Months | Current |
Auditor
Jolly Elevators Pvt Ltd is audited by K.S Tanksali & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S Tanksali & Co. | FY 2017 | 009779 |
Shareholding
The shareholding of Jolly Elevators Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jolly Elevators Pvt Ltd, buy the company report.
Legal cases
Jolly Elevators Pvt Ltd has 10 court cases on record: 8 filed by Jolly Elevators, 2 filed against it. All cases are disposed.
Total cases
10
Filed by the company
8
Filed against the company
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (RPW) | Filed by the company against State of Maharashtra and Anr. | Disposed |
| Bombay High Court | Court case (NMW) | Filed by the company against State of Maharashtra and Anr. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Anr. | Disposed |
| Bombay High Court | Appeal | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against an individual | Disposed |
To see the full case history of Jolly Elevators 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jolly Elevators Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jolly Elevators Pvt Ltd has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Jolly Elevators Pvt Ltd, buy the company report.
GST
Jolly Elevators has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ2076Q1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jolly Elevators Pvt Ltd, buy the company report.
Recent activity
Jolly Elevators Pvt Ltd has 8 board changes on record since 1982: 5 appointments and 3 cessations. The latest: Paresh Gokuldas Prabhu was appointed as Director on 14 Feb 2018.
AGM
Jolly Elevators Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jolly Elevators Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Paresh Gokuldas Prabhu was appointed as Director.
Ceased
Paresh Gokuldas Prabhu ceased to be Director.
Ceased
Parag Devidas Prabhu ceased to be Additional Director.
Appointed
Parag Devidas Prabhu was appointed as Director.
Ceased
Sunil Surendra Baliga ceased to be Whole-Time Director.
Appointed
Ashok Sheshgiri Prabhu was appointed as Director.
Appointed
Devidas Sheshgiri Prabhu was appointed as Director.
Appointed
Gokuldas Sheshgiri Prabhu was appointed as Director.
Incorporation
08 Oct 1982
Jolly Elevators Pvt Ltd was registered on 08 Oct 1982 with Roc Mumbai & aged 44 years 1 month as per MCA records.
Frequently asked questions
Jolly Elevators is an active private limited company based in Mumabi, Maharashtra, India. The company works in machinery repair and installation or automotive services, within the automobile industry. It was incorporated on 08 October 1982 (44+ years old) and is registered under CIN U31200MH1982PTC028429.
Jolly Elevators has 5 current directors:
- Devidas Sheshgiri Prabhu - Director
- Ashok Sheshgiri Prabhu - Director
- Gokuldas Sheshgiri Prabhu - Director
- Paresh Gokuldas Prabhu - Director
- Parag Devidas Prabhu - Director
The latest financial statements of Jolly Elevators 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 Jolly Elevators is 27AAACJ2076Q1Z4, registered in Maharashtra. 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 Jolly Elevators is U31200MH1982PTC028429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jolly Elevators has 10 court cases on record: 8 filed by the company and 2 filed against it. Most are in the high courts.
Jolly Elevators was incorporated on 08 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Paresh Gokuldas Prabhu was appointed as Director on 14 Feb 2018. Paresh Gokuldas Prabhu ceased to be Director on 08 Aug 2013. Parag Devidas Prabhu ceased to be Additional Director on 29 Sep 2012. Jolly Elevators has 8 board changes on record in total.
Yes, Jolly Elevators is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0058438).
The registered office of Jolly Elevators is at 4 Gr Floor Rehemat Manzil75 Veer Nariman Rd Churchagate, Mumabi, Maharashtra, India – 400020.
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