- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0012888

About Mec Elec Industrial Services Private Limited
Data last updated:
Mec Elec Industrial Services Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 04 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2008PTC177367. Its GSTIN is 27AAFCM3973Q1ZO (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Madhav Krishna Divekar (Managing Director) and Dnyanesh Madhav Divekar (Whole-Time Director).
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 602 Building No. 1 Pushpa Mangal Complex Near Babubhai Petrol Pump Lbs Marg, Thane, Maharashtra, India – 400601.
As per the financials filed for FY 2022, the company reported a revenue of ₹18.16 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Cr (net margin 12.7%) and EBITDA of ₹3.9 Cr (EBITDA margin 21.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
Mec Elec Industrial Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0012888). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mecelec.in.
Company details
Recognitions & Rankings of Mec Elec Industrial Services
Contact details
Mec Elec Industrial Services Private Limited's registered office is in Thane, Maharashtra. Its website is mecelec.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address602 Building No. 1 Pushpa Mangal Complex Near Babubhai Petrol Pump Lbs Marg, Thane, Maharashtra, India – 400601
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Mec Elec Industrial Services Private Limited, buy the company report.
- 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
Financials of Mec Elec Industrial Services Private Limited
FY 2025 filings availableMec Elec Industrial Services Private Limited reported revenue of ₹18.16 Cr (up 66% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 66% growth in the latest year. EBITDA rose 14% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.3 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.5% | ||||
| Net Profit Margin | 12.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Mec Elec Industrial Services Private Limited, buy the company report.
Board of directors of Mec Elec Industrial Services Private Limited
Mec Elec Industrial Services has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prachi Dnyanesh Divekar | Director | 01 Jan 2010 | 16 Years 10 Months | Current |
| Sharda Madhav Divekar | Director | 01 Jan 2010 | 16 Years 10 Months | Current |
| Shubha Madhav Divekar | Director | 01 Jan 2010 | 16 Years 10 Months | Current |
| Madhav Krishna Divekar | Managing Director | 04 Jan 2008 | 18 Years 10 Months | Current |
| Dnyanesh Madhav Divekar | Whole-Time Director | 04 Jan 2008 | 18 Years 10 Months | Current |
Auditor
Mec Elec Industrial Services Private Limited is audited by SINGAVI OTURKAR & KELKAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGAVI OTURKAR & KELKAR | FY 2022 | 110265W |
Shareholding
The shareholding of Mec Elec Industrial Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mec Elec Industrial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mec Elec Industrial Services 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
Mec Elec Industrial Services Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 185 overdue payments to 36 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mec Elec Industrial Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mec Elec Industrial Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM3973Q1ZO | Maharashtra | Active | 01 Jul 2017 |
| 24AAFCM3973Q1ZU | Gujarat | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of Mec Elec Industrial Services Private Limited, buy the company report.
Recent activity
Mec Elec Industrial Services Private Limited has 7 board changes on record since 2008: 5 appointments and 2 cessations. The latest: Dnyanesh Madhav Divekar ceased to be Managing Director on 01 Feb 2013.
Frequently asked questions
Mec Elec Industrial Services is an active private limited company based in Thane, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 04 January 2008 (18+ years old) and is registered under CIN U93090MH2008PTC177367.
Mec Elec Industrial Services has 5 current directors:
- Madhav Krishna Divekar - Managing Director
- Dnyanesh Madhav Divekar - Whole-Time Director
- Prachi Dnyanesh Divekar - Director
- Sharda Madhav Divekar - Director
- Shubha Madhav Divekar - Director
The latest financial statements of Mec Elec Industrial Services 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 Mec Elec Industrial Services is 27AAFCM3973Q1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCM3973Q1ZU (Gujarat).
The CIN (Corporate Identification Number) of Mec Elec Industrial Services is U93090MH2008PTC177367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mec Elec Industrial Services was incorporated on 04 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Dnyanesh Madhav Divekar ceased to be Managing Director on 01 Feb 2013. Madhav Krishna Divekar ceased to be Director on 01 Feb 2013. Prachi Dnyanesh Divekar was appointed as Director on 01 Jan 2010. Mec Elec Industrial Services has 7 board changes on record in total.
Yes, Mec Elec Industrial Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0012888).
Mec Elec Industrial Services has 7 MSME Form 1 returns on record between 2019 and 2023, listing 185 overdue payments to 36 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Mec Elec Industrial Services can be reached through the website mecelec.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Mec Elec Industrial Services is at 602 Building No. 1 Pushpa Mangal Complex Near Babubhai Petrol Pump Lbs Marg, Thane, Maharashtra, India – 400601.

