Startup India Government of India
Sukhaz Innovation and Electrotech Private Limited
Sukhaz Innovation and Electrotech Private Limited - electrnoics in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.8 Lakh
▼ 60% YoY
Net loss · FY 2025
₹12.63 Lakh
Net margin -67.2%
EBITDA · FY 2025
-₹7.89 Lakh
EBITDA margin -42%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
18
Provident fund records
Directors on board
2
As per MCA filings
About Sukhaz Innovation and Electrotech Private Limited
Data last updated:
Sukhaz Innovation and Electrotech Private Limited is a private limited company based in Aurangabad, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 29 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2018PTC310052. Its GSTIN is 27ABACS3853K1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Sukhaz Innovation and Elctrotech Private Limited. It is led by directors Mayuri Nitesh Kasliwal and Nitesh Rikhabchand Kasliwal.
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 House. No.V/G 18 Vishnu Nagar Near Hanuman Mandir Behind Akashwani, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.8 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹12.63 Lakh (net margin -67.2%) and EBITDA of -₹7.89 Lakh (EBITDA margin -42%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 13% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
Company details
CIN U31909MH2018PTC310052
Registration Number 310052
Incorporation Date 29 May 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Sukhaz Innovation and Electrotech
Contact details
Sukhaz Innovation and Electrotech Private Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressHouse. No.V/G 18 Vishnu Nagar Near Hanuman Mandir Behind Akashwani, Aurangabad, Maharashtra, India – 431001
- IndustryElectrnoics, Electrical Equipment, Manufacturing
To see the full contact details of Sukhaz Innovation and Electrotech Private Limited, buy the company report.
Comprehensive company report
Sukhaz Innovation and Electrotech Private Limited - 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 Sukhaz Innovation and Electrotech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sukhaz Innovation and Electrotech Private Limited, buy the company report.
Financials of Sukhaz Innovation and Electrotech Private Limited
FY 2025 filings availableSukhaz Innovation and Electrotech Private Limited reported revenue of ₹18.8 Lakh (down 60% YoY) for FY 2025.
Revenue · FY 2025
₹18.8 Lakh ▼ 60%
Net loss · FY 2025
₹12.63 Lakh margin -67.2%
EBITDA · FY 2025
-₹7.89 Lakh margin -42%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 26%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 265%
3 years · compounded
▼ 24%
5 years · compounded
▼ 7%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 60% fall in the latest year. EBITDA fell 265% 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 |
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| EBITDA | -₹7.89 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹12.63 Lakh | ||||
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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 | -42% | ||||
| Net Profit Margin | -67.2% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sukhaz Innovation and Electrotech Private Limited, buy the company report.
Board of directors of Sukhaz Innovation and Electrotech Private Limited
Sukhaz Innovation and Electrotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayuri Nitesh Kasliwal | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
| Nitesh Rikhabchand Kasliwal | Director | 29 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Sukhaz Innovation and Electrotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aryan Lightings Private Limited | ₹18.96 Lakh (FY 2024) | -52.0% | Ranpur, Gujarat, India | |||
| Leela Switchgears and Control Penals Private Limited | ₹18.92 Lakh (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Massive Engineering Private Limited | ₹18.91 Lakh (FY 2016) | -87.0% | Pune, Maharashtra, India | |||
| Shree Yashi Electronics Private Limited | ₹18.84 Lakh (FY 2022) | Agra, Uttar Pradesh, India | ||||
| Conelec Systems Private Limited | ₹18.81 Lakh (FY 2025) | -67.0% | New Delhi, Delhi, India | |||
| Sukhaz Innovation and Electrotech Private Limitedthis company | ₹18.8 Lakh (FY 2025) | -₹12.63 Lakh | -67.2% | -60.0% | 18 | Aurangabad, Maharashtra, India |
| Macfield Agro Private Limited | ₹18.79 Lakh (FY 2025) | -88.0% | Ludhiana, Punjab, India | |||
| Nandha Technical Solutions Private Limited | ₹18.76 Lakh (FY 2024) | Ernakulam, Kerala, India | ||||
| Ocular Manufacturing Private Limited | ₹18.75 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Electro Charge Pinpoint Private Limited | ₹18.74 Lakh (FY 2024) | 35265.0% | Pune, Maharashtra, India | |||
| Stek Engineering India Private Limited | ₹18.72 Lakh (FY 2025) | -66.0% | Greater Noida, Uttar Pradesh, India |
To see the full peer comparison of Sukhaz Innovation and Electrotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sukhaz Innovation and Electrotech 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
No delayed payments to MSME suppliers are on our record for Sukhaz Innovation and Electrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sukhaz Innovation and Electrotech Private Limited has a workforce of 18 employees on its EPFO records as of Nov 2022, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-5.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 18 |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Sukhaz Innovation and Electrotech Private Limited, buy the company report.
GST
Sukhaz Innovation and Electrotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS3853K1Z2 | Maharashtra | Active | 16 Nov 2018 |
To see the full GST registrations and return filing status of Sukhaz Innovation and Electrotech Private Limited, buy the company report.
Recent activity
Sukhaz Innovation and Electrotech Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Mayuri Nitesh Kasliwal ceased to be Additional Director on 29 Sep 2025.
AGM
Sukhaz Innovation And Electrotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Mayuri Nitesh Kasliwal ceased to be Additional Director.
Appointed
Mayuri Nitesh Kasliwal was appointed as Director.
Ceased
Suraj Ramabhau Kharat ceased to be Director.
Filing
Sukhaz Innovation And Electrotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Nitesh Rikhabchand Kasliwal was appointed as Director.
Appointed
Suraj Ramabhau Kharat was appointed as Director.
Incorporation
29 May 2018
Sukhaz Innovation And Electrotech Private Limited was registered on 29 May 2018 with Roc Mumbai Ii & aged 8 years 5 months as per MCA records.
Frequently asked questions
Sukhaz Innovation and Electrotech is an active private limited company based in Aurangabad, Maharashtra, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 29 May 2018 (8+ years old) and is registered under CIN U31909MH2018PTC310052.
Sukhaz Innovation and Electrotech has 2 current directors:
- Mayuri Nitesh Kasliwal - Director
- Nitesh Rikhabchand Kasliwal - Director
The latest financial statements of Sukhaz Innovation and Electrotech 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 FY 2019 are in the company report.
The GSTIN of Sukhaz Innovation and Electrotech is 27ABACS3853K1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sukhaz Innovation and Electrotech is U31909MH2018PTC310052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sukhaz Innovation and Electrotech was incorporated on 29 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sukhaz Innovation and Electrotech by revenue are Aryan Lightings Private Limited, Leela Switchgears and Control Penals Private Limited, Massive Engineering Private Limited, Shree Yashi Electronics Private Limited, Conelec Systems Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mayuri Nitesh Kasliwal ceased to be Additional Director on 29 Sep 2025. Mayuri Nitesh Kasliwal was appointed as Director on 20 Aug 2025. Suraj Ramabhau Kharat ceased to be Director on 20 Aug 2025. Sukhaz Innovation and Electrotech has 5 board changes on record in total.
Yes, Sukhaz Innovation and Electrotech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Sukhaz Innovation and Electrotech is at House. No.VG 18 Vishnu Nagar Near Hanuman Mandir Behind Akashwani, Aurangabad, Maharashtra, India – 431001.
Sukhaz Innovation and Electrotech operates in the electronics industry, in the electrical equipment segment.
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