About Mechwat Technologies Private Limited
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Mechwat Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29197GJ2016PTC093252. Its GSTIN is 24AAKCM5030B1Z0 (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Hirenkumar Bharatbhai Hirapara and Chetankumar Girjashankar Jani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 209 Sobo Centre South Bopal, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.51 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹18.51 Lakh (net margin -30.6%) and EBITDA of -₹11.89 Lakh (EBITDA margin -19.6%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 18% over five years.
The company is associated with 1 brand: Mechwat. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mechwat.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 209 Sobo Centre South Bopal, Ahmedabad, Gujarat, India – 380058
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Mechwat Technologies Private Limited
The main business activity of Mechwat Technologies 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 Mechwat Technologies Private Limited FY 2024 filings available
Mechwat Technologies Private Limited reported revenue of ₹60.51 Lakh (down 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mechwat Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 88% fall in the latest year. EBITDA fell 184% 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 Mechwat Technologies Private 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 | -₹11.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18.51 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 Mechwat Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -30.6% | •••• | •••• | •••• | •••• |
| 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 Mechwat Technologies 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 Mechwat Technologies Private Limited
Mechwat Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Endeas India Private Limited | ₹60.96 Lakh (FY 2025) | •••• | •••• | 39.0% | •••• | Panvel, Maharashtra, India |
| Fastensol India Private Limited | ₹60.94 Lakh (FY 2019) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Nagdev Developers Private Limited | ₹60.89 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Thane, Maharashtra, India |
| Tech Fabrication Machinery India Private Limited | ₹60.78 Lakh (FY 2023) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Ecocut Machining Solutions Private Limited | ₹60.63 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Peenya, Bangalore, Karnataka, India |
| Mechwat Technologies Private Limited this company | ₹60.51 Lakh (FY 2024) | •••• | •••• | -88.0% | •••• | Ahmedabad, Gujarat, India |
| Easy Cool Solutions Private Limited | ₹60.43 Lakh (FY 2019) | •••• | •••• | -76.0% | •••• | Indore, Madhya Pradesh, India |
| Minerva Diesel Engines Private Limited | ₹60.4 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Uttar Pradesh, India |
| Airise Technologies Private Limited | ₹60.38 Lakh (FY 2024) | •••• | •••• | 995.0% | •••• | Ahmedabad, Gujarat, India |
| Rucha Yantra Private Limited | ₹60.08 Lakh (FY 2025) | •••• | •••• | •••• | Pune City, Maharashtra, India | |
| Teknofanghi Water Treatment Asia Private Limited | ₹60.08 Lakh (FY 2025) | •••• | •••• | 122.0% | •••• | Pune City, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mechwat Technologies by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Mechwat Technologies Private Limited
Mechwat Technologies Private Limited is audited by ROHERA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ROHERA & 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 Mechwat Technologies Private Limited
Mechwat Technologies 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 |
|---|---|---|---|---|
| Hirenkumar Bharatbhai Hirapara | Director | 05 Aug 2016 | 10 Years 2 Months | Current |
| Chetankumar Girjashankar Jani | Director | 05 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Mechwat Technologies 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 Mechwat Technologies Private Limited
Mechwat Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Mechwat Technologies Private Limited
Mechwat Technologies Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Shree Gauri Industries | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 2 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.
Associated Brands with Mechwat Technologies Private Limited
Mechwat Technologies operates one associated brand: Mechwat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of bio toilets, water systems, and prefab structures in India. | mechwat.com |
Employees and EPFO Compliance at Mechwat Technologies Private Limited
Employment history and EPFO contributions of people linked to Mechwat Technologies.
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 Mechwat Technologies Private Limited
Mechwat Technologies Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Hirenkumar Bharatbhai Hirapara ceased to be Director on 11 Feb 2026.
Credit Ratings, Litigation & Regulatory Alerts for Mechwat Technologies 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 Mechwat Technologies 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 Mechwat Technologies 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 Mechwat Technologies Private Limited
Mechwat Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM5030B1Z0 | Gujarat | Active | 01 Jul 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 Mechwat Technologies 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 Mechwat Technologies Private Limited
Mechwat Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 August 2016 (10+ years old) and is registered under CIN U29197GJ2016PTC093252.
Mechwat Technologies reported revenue of ₹60.51 Lakh for FY 2024 (down 88% YoY).
Mechwat Technologies has 2 current directors:
- Hirenkumar Bharatbhai Hirapara - Director
- Chetankumar Girjashankar Jani - Director
Mechwat Technologies reported a net loss of ₹18.51 Lakh (net margin -30.6%) and EBITDA of -₹11.89 Lakh (EBITDA margin -19.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mechwat Technologies is -22% over three years and -18% over five years. In the latest year (FY 2024) revenue fell 88%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mechwat Technologies is 24AAKCM5030B1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Mechwat Technologies is U29197GJ2016PTC093252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mechwat Technologies has 2 court cases on record: 2 filed against it.
Mechwat Technologies was incorporated on 05 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mechwat Technologies by revenue are Endeas India Private Limited, Fastensol India Private Limited, Nagdev Developers Private Limited, Tech Fabrication Machinery India Private Limited, Ecocut Machining Solutions Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Hirenkumar Bharatbhai Hirapara ceased to be Director on 11 Feb 2026. Chetankumar Girjashankar Jani was appointed as Director on 05 Aug 2016. Hirenkumar Bharatbhai Hirapara was appointed as Director on 05 Aug 2016.