Sway Elevators Private Limited
About Sway Elevators Private Limited
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Sway Elevators Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 04 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36998GJ1997PTC032052.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.1 Lakh. It is led by directors Hitendrakumar Maganlal Trambadia and Shyam Hitendra Trambadia.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.6 Lakh (net margin 47.7%) and EBITDA of ₹24.9 Lakh (EBITDA margin 60.6%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 274% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sway Elevators Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address404 Silver Cross Building Nr Shivranjani Cross Road, Satellite Road, Ahmedabad, Gujarat, India – 380015
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Sway Elevators 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 Sway Elevators Private Limited
FY 2025 filings availableSway Elevators Private Limited reported revenue of ₹41.08 Lakh (up 598% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 274% over five years, including 598% growth in the latest year. EBITDA rose 470% 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 | ₹24.9 Lakh | ||||
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| Net Profit (PAT) | ₹19.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 60.6% | ||||
| Net Profit Margin | 47.7% | ||||
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To see the full financial statements and ratios of Sway Elevators Private Limited, buy the company report.
Board of directors of Sway Elevators Private Limited
Sway Elevators has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitendrakumar Maganlal Trambadia | Director | 01 Mar 2007 | 19 Years 7 Months | Current |
| Shyam Hitendra Trambadia | Director | 07 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Sway Elevators Private Limited is audited by RAMESH DESAI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH DESAI & ASSOCIATES | FY 2020 | 114507W |
Shareholding
The shareholding of Sway Elevators Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sway Elevators Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sway Elevators 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 Sway Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sway Elevators Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sway Elevators Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Ashvinkumar Maganlal Trambadiya ceased to be Director on 08 Sep 2022.
Frequently asked questions
Sway Elevators is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 04 April 1997 (29+ years old) and is registered under CIN U36998GJ1997PTC032052.
Sway Elevators has 2 current directors:
- Hitendrakumar Maganlal Trambadia - Director
- Shyam Hitendra Trambadia - Director
The latest financial statements of Sway Elevators 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 CIN (Corporate Identification Number) of Sway Elevators is U36998GJ1997PTC032052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sway Elevators was incorporated on 04 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashvinkumar Maganlal Trambadiya ceased to be Director on 08 Sep 2022. Shyam Hitendra Trambadia was appointed as Director on 07 Sep 2022. Maganlal Trambadia Veljibhai ceased to be Director on 25 Jan 2022. Sway Elevators has 7 board changes on record in total.
The registered office of Sway Elevators is at 404 Silver Cross Building Nr Shivranjani Cross Road, Satellite Road, Ahmedabad, Gujarat, India – 380015.
Sway Elevators operates in the machinery and equipment industry, in the material handling and storage equipment segment.
The compliance status of Sway Elevators is compliant as of 30 September 2026. The company is actively filing with the Registrar of Companies.
Sway Elevators can be reached at its registered office: 404 Silver Cross Building Nr Shivranjani Cross Road, Satellite Road, Ahmedabad, Gujarat, India – 380015.