About Technofin International Private Limited
Data last updated:
Technofin International Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 19 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1995PTC026785. Its GSTIN is 24AABCT3304N1ZG (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.1 Lakh. It is led by directors including Janak Lallubhai Sheth (Managing Director) and Vandana Lallubhai Sheth (Whole-Time Director).
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 409 Sakar Iiinr High Court Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.28 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹27.87 Lakh (net margin -79%) and EBITDA of -₹18.31 Lakh (EBITDA margin -51.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technofin.com.
Company details
Contact details
Technofin International Private Limited's registered office is in Ahmedabad, Gujarat. Its website is technofin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address409 Sakar Iiinr High Court Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Technofin International 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
Business activity
The main business activity of Technofin International is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Technofin International Private Limited, buy the company report.
Financials of Technofin International Private Limited
FY 2025 filings availableTechnofin International Private Limited reported revenue of ₹35.28 Lakh (down 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 87% fall in the latest year. EBITDA fell 111% 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 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 | -₹18.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.87 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -51.9% | ||||
| Net Profit Margin | -79% | ||||
| 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 | |||||
To see the full financial statements and ratios of Technofin International Private Limited, buy the company report.
Board of directors of Technofin International Private Limited
Technofin International has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purna Bharat Sheth | Director | 19 Jul 1995 | 31 Years 3 Months | Current |
| Pushpaben Dipakbhai Sheth | Director | 01 Apr 2000 | 26 Years 7 Months | Current |
| Bharat Lallubhai Sheth | Director | 16 Jan 2001 | 25 Years 9 Months | Current |
| Swati Janak Sheth | Director | 19 Jul 1995 | 31 Years 3 Months | Current |
| Janak Lallubhai Sheth | Managing Director | 01 Apr 2000 | 26 Years 7 Months | Current |
| Dipakbhai Lallubhai Sheth | Director | 01 Apr 2000 | 26 Years 7 Months | Current |
Peer comparison
Technofin International Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Narmada Rings Private Limited | ₹35.76 Lakh (FY 2025) | -7.0% | Shapar Veraval, Gujarat, India | |||
| Jasmek Engineering Private Limited | ₹35.44 Lakh (FY 2024) | 7.0% | Bangalore, Karnataka, India | |||
| Technofin International Private Limitedthis company | ₹35.28 Lakh (FY 2024) | -₹27.87 Lakh | -79% | -87.0% | Ahmedabad, Gujarat, India | |
| Dece Tools and Technologies Private Limited | ₹34.64 Lakh (FY 2024) | -2.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Technofin International Private Limited, buy the company report.
Auditor
Technofin International Private Limited is audited by Jitesh Patel & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jitesh Patel & Associates | FY 2022 | 0104304W |
Shareholding
The shareholding of Technofin International Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Technofin International Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Technofin International 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
Technofin International Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Patels Airflow Limited |
To see the full MSME payment records of Technofin International Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Technofin International has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT3304N1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technofin International Private Limited, buy the company report.
Recent activity
Technofin International Private Limited has 10 board changes on record since 1995: 7 appointments and 3 cessations. The latest: Bharat Lallubhai Sheth ceased to be Director on 01 Oct 2015.
1 earlier event is in the company report.
Frequently asked questions
Technofin International is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 19 July 1995 (31+ years old) and is registered under CIN U67120GJ1995PTC026785.
Technofin International has 7 current directors:
- Janak Lallubhai Sheth - Managing Director
- Vandana Lallubhai Sheth - Whole-Time Director
- Purna Bharat Sheth - Director
- Pushpaben Dipakbhai Sheth - Director
- Bharat Lallubhai Sheth - Director
- Swati Janak Sheth - Director
- Dipakbhai Lallubhai Sheth - Director
The latest financial statements of Technofin International 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 GSTIN of Technofin International is 24AABCT3304N1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Technofin International is U67120GJ1995PTC026785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technofin International was incorporated on 19 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Technofin International by revenue are Narmada Rings Private Limited, Jasmek Engineering Private Limited, Dece Tools and Technologies Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Bharat Lallubhai Sheth ceased to be Director on 01 Oct 2015. Janak Lallubhai Sheth ceased to be Director on 01 Oct 2015. Vandana Lallubhai Sheth ceased to be Director on 01 Oct 2015. Technofin International has 10 board changes on record in total.
Technofin International has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 23 May 2019.
Technofin International can be reached through the website technofin.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Technofin International is at 409 Sakar Iiinr High Court Navrangpura, Ahmedabad, Gujarat, India – 380009.
Technofin International operates in the machinery and equipment industry, in the industrial tools and components segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
