About Aace Hitech Engineering Private Limited
Data last updated:
Aace Hitech Engineering Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 03 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29300TZ2010PTC016573. Its GSTIN is 33AAJCA0071B1ZF (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Balakrishnan Srividhyha and Damodharaswamy Balakrishnan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Coimbatore, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.98 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹28.74 Lakh (net margin 5.8%) and EBITDA of ₹91.99 Lakh (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 7% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.76 Cr and satisfied charges of ₹2.03 Cr on record. Court records list 1 case involving the company, including 1 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 aace-hitech-engineering-private-limited.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressLakshmi Vinayagar Thottam, No 624 A Sf No 399/1 C Pothiyampalayam Naranapuram Village, Coimbatore, Tamil Nadu, India – 641107
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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 Aace Hitech Engineering Private Limited
The main business activity of Aace Hitech Engineering 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 Aace Hitech Engineering Private Limited FY 2025 filings available
Aace Hitech Engineering Private Limited reported revenue of ₹4.98 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aace Hitech Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 36% growth in the latest year. EBITDA rose 60% 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 Aace Hitech Engineering 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 | ₹91.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.74 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 Aace Hitech Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.8% | •••• | •••• | •••• | •••• |
| 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 Aace Hitech Engineering are in the company report.
Financial statements from 2015
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 Aace Hitech Engineering Private Limited
Aace Hitech Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambika Rubber Components Private Limited. | ₹5 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Thiruvananthapuram, Kerala, India |
| Mechwan Automation Private Limited | ₹4.99 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sri Bharadia Engineering Private Limited | ₹4.99 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Hyderabad, Telangana, India |
| Indoskill Precision Engineering Private Limited | ₹4.99 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Nashik, Maharashtra, India |
| Cirkla Technologies Private Limited | ₹4.99 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Aace Hitech Engineering Private Limited this company | ₹4.98 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Coimbatore, Tamil Nadu, India |
| Geo Dynamics Testing & Consultancy Private Limited | ₹4.98 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Vadodara, Gujarat, India |
| Pronit Auto Private Limited | ₹4.98 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| MK Dies & Toolings Private Limited | ₹4.97 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Nashik, Maharashtra, India |
| Kaydee Forgings Pvt Ltd | ₹4.97 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Punjab, India |
| Belsare Engineering Private Limited | ₹4.97 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Aace Hitech Engineering by revenue in the Machinery and Equipment industry (Tools and Components), 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 Aace Hitech Engineering Private Limited
Aace Hitech Engineering Private Limited is audited by SELVAM & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SELVAM & 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 Aace Hitech Engineering Private Limited
Aace Hitech Engineering 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 |
|---|---|---|---|---|
| Balakrishnan Srividhyha | Director | 27 Mar 2020 | 6 Years 6 Months | Current |
| Damodharaswamy Balakrishnan | Director | 03 Dec 2010 | 15 Years 10 Months | Current |
Ownership and Shareholding of Aace Hitech Engineering 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 Aace Hitech Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2026 | Others | ₹1.45 Cr | Open |
| 28 Mar 2025 | Others | ₹1.47 Cr | Open |
| 30 Mar 2023 | Others | ₹35 Lakh | Open |
| 27 Mar 2023 | Others | ₹1.3 Cr | Open |
| 25 Feb 2022 | Others | ₹95 Lakh | Open |
Total charge records: 9 View all charges
Legal Cases of Aace Hitech Engineering Private Limited
Aace Hitech Engineering Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Company petition | Filed against the company by an individual | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Aace Hitech Engineering Private Limited
Aace Hitech Engineering Private Limited has a workforce of 37 employees as of Mar 23, 2024.
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 Aace Hitech Engineering Private Limited
Aace Hitech Engineering Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Shanmugam Prassadh ceased to be Director on 03 Dec 2020.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aace Hitech Engineering 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 Aace Hitech Engineering 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 Aace Hitech Engineering 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 Aace Hitech Engineering Private Limited
Aace Hitech Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCA0071B1ZF | Tamil Nadu | 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 Aace Hitech Engineering 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 Aace Hitech Engineering Private Limited
Aace Hitech Engineering is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 03 December 2010 (16+ years old) and is registered under CIN U29300TZ2010PTC016573.
Aace Hitech Engineering reported revenue of ₹4.98 Cr for FY 2024 (up 36% YoY).
Aace Hitech Engineering has 2 current directors:
- Balakrishnan Srividhyha - Director
- Damodharaswamy Balakrishnan - Director
Aace Hitech Engineering reported a net profit of ₹28.74 Lakh (net margin 5.8%) and EBITDA of ₹91.99 Lakh (EBITDA margin 18.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aace Hitech Engineering is 29% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aace Hitech Engineering is 33AAJCA0071B1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aace Hitech Engineering is U29300TZ2010PTC016573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aace Hitech Engineering has 1 court case on record: 1 filed against it.
Aace Hitech Engineering was incorporated on 03 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Aace Hitech Engineering by revenue are Ambika Rubber Components Private Limited, Mechwan Automation Private Limited, Sri Bharadia Engineering Private Limited, Indoskill Precision Engineering Private Limited, Cirkla Technologies Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Shanmugam Prassadh ceased to be Director on 03 Dec 2020. Balakrishnan Srividhyha was appointed as Director on 27 Mar 2020. Damodharaswamy Balakrishnan was appointed as Director on 03 Dec 2010.