Mechethics India Private Limited
About Mechethics India Private Limited
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Mechethics India Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 25 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2016PTC287116. Its GSTIN is 27AAKCM6342A1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shreyas Uttam Salawade and Nikhil Uttam Salawade.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Pl 16 H No. 7236 Near R. K. Memorial Ozar, Nashik, Maharashtra, India – 422006.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.65 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹1,563 (net margin -0.3%) and EBITDA of -₹1,563 (EBITDA margin -0.3%).
The company has about 2 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPl 16 H No. 7236 Near R. K. Memorial Ozar, Nashik, Maharashtra, India – 422006
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Mechethics India Private Limited
The main business activity of Mechethics India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Mechethics India Private Limited FY 2020 filings available
Mechethics India Private Limited reported revenue of ₹5.65 Lakh (down 23% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Mechethics India Private Limited
Revenue fell 23% in the latest year. EBITDA rose 83% 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 Mechethics India Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.65 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹1,563 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,563 | •••• | •••• | •••• |
| 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 Mechethics India Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.3% | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• |
| 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 Mechethics India are in the company report.
Financial statements from FY 2017
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 Mechethics India Private Limited
Mechethics India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A. P. Enercon Engineers Private Limited | ₹5.85 Lakh (FY 2022) | •••• | •••• | -81.0% | •••• | Hyderabad, Telangana, India |
| S S Sugar India Private Limited | ₹5.77 Lakh (FY 2021) | •••• | •••• | 3.0% | •••• | Sangli, Maharashtra, India |
| Techionwheel Private Limited | ₹5.73 Lakh (FY 2024) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Jupiter Roll Formings Private Limited | ₹5.7 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Rajkot, Gujarat, India |
| Unique Color Sorter Private Limited | ₹5.68 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Karnal, Haryana, India |
| Mechethics India Private Limited this company | ₹5.65 Lakh (FY 2020) | •••• | •••• | -23.0% | •••• | Nashik, Maharashtra, India |
| Megatech Overseas (India) Private Limited | ₹5.64 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Delhi, India |
| Shinkom Engineering Private Limited | ₹5.5 Lakh (FY 2025) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Kapmix Machinery Private Limited | ₹5.33 Lakh (FY 2019) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Avinyl Plastics Private Limited | ₹5.32 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Kota, Rajasthan, India |
| Monarch International Private Limited | ₹5.3 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Mechethics India by revenue in the Machinery and Equipment industry (Process Machinery), 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 Mechethics India Private Limited
Mechethics India Private Limited is audited by S. E. Kalantri & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. E. Kalantri & Co. | 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 of Mechethics India Private Limited
Mechethics India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyas Uttam Salawade | Director | 15 Jun 2019 | 7 Years 3 Months | Current |
| Nikhil Uttam Salawade | Director | 25 Oct 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Mechethics India Private 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 Mechethics India Private Limited
Mechethics India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mechethics India Private Limited
Mechethics India Private Limited has a workforce of 2 employees as of Apr 04, 2024.
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 Mechethics India Private Limited
Mechethics India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Shreyas Uttam Salawade was appointed as Director on 15 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Mechethics India Private 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 Mechethics India Private 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 Mechethics India Private 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 Mechethics India Private Limited
Mechethics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM6342A1ZN | Maharashtra | Active | 14 Nov 2017 |
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 Mechethics India Private 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 Mechethics India Private Limited
Mechethics India is an active private limited company based in Nashik, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 25 October 2016 (10+ years old) and is registered under CIN U29100MH2016PTC287116.
Mechethics India reported revenue of ₹5.65 Lakh for FY 2020 (down 23% YoY).
Mechethics India has 2 current directors:
- Shreyas Uttam Salawade - Director
- Nikhil Uttam Salawade - Director
Mechethics India reported a net loss of ₹1,563 (net margin -0.3%) and EBITDA of -₹1,563 (EBITDA margin -0.3%) for FY 2020, as per its filed financial statements.
The GSTIN of Mechethics India is 27AAKCM6342A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mechethics India is U29100MH2016PTC287116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mechethics India was incorporated on 25 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mechethics India by revenue are A. P. Enercon Engineers Private Limited, S S Sugar India Private Limited, Techionwheel Private Limited, Jupiter Roll Formings Private Limited, Unique Color Sorter Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Shreyas Uttam Salawade was appointed as Director on 15 Jun 2019. Dipak Pandurang Patil ceased to be Director on 10 Jun 2019. Nikhil Uttam Salawade was appointed as Director on 25 Oct 2016.
The registered office of Mechethics India is at Pl 16 H No. 7236 Near R. K. Memorial Ozar, Nashik, Maharashtra, India – 422006.
Mechethics India has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.