About Mecvel Technologies Private Limited
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Mecvel Technologies Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Mecvel S.R.L.. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 26 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29300DL2017FTC321263. Its GSTIN is 07AALCM2252N1Z4 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.65 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors including Mohd Saim and Paolo Matteuzzi.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No.411 4th Floor DLF Tower B Jasola District Centre, New Delhi, Delhi, India – 110076.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.81 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹71.61 Lakh (net margin 6.6%) and EBITDA of ₹1.01 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 69% over five years.
The company is associated with 1 brand: MecVel Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mecvel.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No.411 4th Floor DLF Tower B Jasola District Centre, New Delhi, Delhi, India – 110076
- IndustryInformation Technology, Electronic Components & Equipment 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 Mecvel Technologies Private Limited
The main business activity of Mecvel Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Mecvel Technologies Private Limited FY 2024 filings available
Mecvel Technologies Private Limited reported revenue of ₹10.81 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mecvel Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 17% growth in the latest year. EBITDA fell 6% 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 Mecvel Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹71.61 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 Mecvel Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 Mecvel Technologies are in the company report.
Financial statements from FY 2018
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 Mecvel Technologies Private Limited
Mecvel Technologies Private Limited is compared with the companies closest to it by revenue in the Power industry (Electronic Equipment and Components Manufacturing, Power Equipment 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 |
|---|---|---|---|---|---|---|
| Orissa Engineering Udyog Private Limited | ₹10.87 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Cuttack, Odisha, India |
| S. G. Finepunch Private Limited | ₹10.87 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Gandhinagar, Gujarat, India |
| I-Power Consulting Engineers Private Limited | ₹10.86 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Mumbai, Maharashtra, India |
| M J Engineering Works Private Limited | ₹10.82 Cr (FY 2018) | •••• | •••• | -21.0% | •••• | New Delhi, Delhi, India |
| Fibre Abrasive Machineries Private Limited | ₹10.81 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Mecvel Technologies Private Limited this company | ₹10.81 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| NPR Solutions Private Limited | ₹10.81 Cr (FY 2025) | •••• | •••• | 118.0% | •••• | New Delhi, Delhi, India |
| Vidarbha Stores Packaging Company Private Limited | ₹10.79 Cr (FY 2019) | •••• | •••• | 16.0% | •••• | Khamagaon, Maharashtra, India |
| Focal Merchandising India Private Limited | ₹10.79 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Kanyakumari, Tamil Nadu, India |
| Ceaq Technologies Private Limited | ₹10.79 Cr (FY 2025) | •••• | •••• | -72.0% | •••• | Chikkayellappa Indl Layout Bangalore, Karnataka, India |
| RBJ Technologies Private Limited | ₹10.78 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mecvel Technologies by revenue in the Power industry (Electronic Equipment and Components Manufacturing, Power Equipment 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 Mecvel Technologies Private Limited
Mecvel Technologies Private Limited is audited by Piyush Misra & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Piyush Misra & 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 Mecvel Technologies Private Limited
Mecvel Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Saim | Director | 26 Jul 2017 | 9 Years 2 Months | Current |
| Paolo Matteuzzi | Director | 05 Jan 2023 | 3 Years 9 Months | Current |
| Miria Bastoni | Director | 26 Jul 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of Mecvel 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 Mecvel Technologies Private Limited
Mecvel Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Mecvel Technologies Private Limited
Mecvel Technologies Private Limited has 6 MSME Form 1 returns on record between 2021 and 2024, listing 69 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Elcen Machines Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Pitson Transmission Technologies | •••• | •••• | •••• |
| Meteors Transmissions LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Mecvel Technologies Private Limited
Mecvel Technologies operates one associated brand: MecVel Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures electric linear actuators, screw jacks, gear boxes, and motors for industrial automation. | mecvel.in |
Employees and EPFO Compliance at Mecvel Technologies Private Limited
Employment history and EPFO contributions of people linked to Mecvel 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 Mecvel Technologies Private Limited
Mecvel Technologies Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Paolo Matteuzzi ceased to be Additional Director on 20 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Mecvel 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.
Subsidiaries & Group Companies of Mecvel 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 Mecvel Technologies Private Limited
Mecvel Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AALCM2252N1Z4 | Delhi | Active | 30 Aug 2017 |
| 27AALCM2252N1Z2 | Maharashtra | Active | 19 Jun 2020 |
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 Mecvel 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 Mecvel Technologies Private Limited
Mecvel Technologies is an active foreign private limited company based in New Delhi, Delhi, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 26 July 2017 (9+ years old) and is registered under CIN U29300DL2017FTC321263.
Mecvel Technologies reported revenue of ₹10.81 Cr for FY 2025 (up 17% YoY).
Mecvel Technologies has 3 current directors:
- Mohd Saim - Director
- Paolo Matteuzzi - Director
- Miria Bastoni - Director
Mecvel Technologies reported a net profit of ₹71.61 Lakh (net margin 6.6%) and EBITDA of ₹1.01 Cr (EBITDA margin 9.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mecvel Technologies is 34% over three years and 69% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mecvel Technologies is 07AALCM2252N1Z4, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AALCM2252N1Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Mecvel Technologies is U29300DL2017FTC321263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mecvel Technologies was incorporated on 26 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mecvel Technologies by revenue are Orissa Engineering Udyog Private Limited, S. G. Finepunch Private Limited, I-Power Consulting Engineers Private Limited, M J Engineering Works Private Limited, Fibre Abrasive Machineries Private Limited and 5 more, all in the Power industry (Electronic Equipment and Components Manufacturing, Power Equipment Manufacturers).
Paolo Matteuzzi ceased to be Additional Director on 20 Aug 2023. Roberto Viviani ceased to be Director on 24 Mar 2023. Paolo Matteuzzi was appointed as Director on 05 Jan 2023. Mecvel Technologies has 5 board changes on record in total.
Mecvel Technologies has 6 MSME Form 1 returns on record between 2021 and 2024, listing 69 overdue payments to 6 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Mecvel Technologies can be reached through the website mecvel.in. Its registered office is in New Delhi, Delhi, India.