Ace Electromagnetics Private Limited

Ace Electromagnetics Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29308MH2006PTC162739 Incorporated 20 June 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company energy and power MSME · Micro
Data last updated
Revenue · FY 2025
₹2.5 Cr
▼ 30% YoY
Net profit · FY 2025
₹2.75 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹37.4 Lakh
EBITDA margin 15%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹8.3 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
11
Provident fund records

About Ace Electromagnetics Private Limited

Data last updated:

Ace Electromagnetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 June 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29308MH2006PTC162739. Its GSTIN is 27AAFCA7394D1ZK (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dayakshini Yogesh Shetty and Yogesh Balakrishna Shetty.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.5 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.75 Lakh (net margin 1.1%) and EBITDA of ₹37.4 Lakh (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹8.3 Cr on record.

Ace Electromagnetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0012169). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceelectromagnetics.com.

Company details

CIN U29308MH2006PTC162739
Registration Number 162739
Incorporation Date 20 June 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0012169

Recognitions & Rankings of Ace Electromagnetics

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0012169

Contact details

Ace Electromagnetics Private Limited's registered office is in Mumbai, Maharashtra. Its website is aceelectromagnetics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    61 Bindal Industrial Premises Chs. Behind Lathia Rubber Sakinaka Andheri, (East), Mumbai, Maharashtra, India – 400072
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Ace Electromagnetics Private Limited, buy the company report.

Comprehensive company report
Ace Electromagnetics 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 Ace Electromagnetics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Ace Electromagnetics Private Limited, buy the company report.

Financials of Ace Electromagnetics Private Limited

FY 2025 filings available

Ace Electromagnetics Private Limited reported revenue of ₹2.5 Cr (down 30% YoY) for FY 2025.

Revenue · FY 2025
₹2.5 Cr ▼ 30%
Net profit · FY 2025
₹2.75 Lakh margin 1.1%
EBITDA · FY 2025
₹37.4 Lakh margin 15%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 2%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 11%
5 years · compounded
▲ 35%

Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 71% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹37.4 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.75 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15%
Net Profit Margin1.1%
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 Ace Electromagnetics Private Limited, buy the company report.

Board of directors of Ace Electromagnetics Private Limited

Ace Electromagnetics has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dayakshini Yogesh ShettyDirector20 Jun 200620 Years 4 MonthsCurrent
Yogesh Balakrishna ShettyDirector20 Jun 200620 Years 4 MonthsCurrent

Auditor

Ace Electromagnetics Private Limited is audited by M R SHARMA & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
M R SHARMA & COFY 2022109965W

Shareholding

The shareholding of Ace Electromagnetics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Ace Electromagnetics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.45 Cr
Hdfc Bank Limited₹2.55 Cr
The Bharat Co-Operative Bank (Mumbai) Limited₹1.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Dec 2023100865439Hdfc Bank Limited₹2.55 CrOpen
13 Apr 2022100586203Others₹1.55 CrOpen
18 Jul 2020100368553Others₹25 LakhOpen
28 Jan 2018100179371Others₹1.45 CrOpen
13 Mar 201410488922Others₹1.2 CrOpen

To see the full charge records of Ace Electromagnetics Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ace Electromagnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ace Electromagnetics Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1
Employee growth
-8.33%

GST

Ace Electromagnetics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCA7394D1ZKMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Ace Electromagnetics Private Limited, buy the company report.

Recent activity

Ace Electromagnetics Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Dayakshini Yogesh Shetty was appointed as Director on 20 Jun 2006.

AGM
Ace Electromagnetics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ace Electromagnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 255.06 Lakh registered on 06 Dec 2023 with Charge ID 100865439 was modified on 10 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 255.06 Lakh with Charge ID 100865439 was registered on 06 Dec 2023.
Charges
A charge with Others amounted to Rs. 155.00 Lakh with Charge ID 100586203 was registered on 13 Apr 2022.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100368553 was registered on 18 Jul 2020.
Charges
A charge with Others amounted to Rs. 145.00 Lakh with Charge ID 100179371 was registered on 28 Jan 2018.
Charges
A charge with Others of Rs. 120.00 Lakh registered on 13 Mar 2014 with Charge ID 10488922 was modified on 26 Oct 2016.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 10488922 was registered on 13 Mar 2014.
Charges
A charge with The Bharat Co-Operative Bank (Mumbai) Limited amounted to Rs. 100.00 Lakh with Charge ID 10308836 was registered on 06 Aug 2011.
Charges
A charge with The Bharat Co-Operative Bank (Mumbai) Limited amounted to Rs. 25.00 Lakh with Charge ID 10220629 was registered on 06 May 2010.
Charges
A charge with The Bharat Co-Operative Bank (Mumbai) Limited amounted to Rs. 5.00 Lakh with Charge ID 10188555 was registered on 17 Nov 2009.

3 earlier events are in the company report.

Frequently asked questions

Ace Electromagnetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 June 2006 (20+ years old) and is registered under CIN U29308MH2006PTC162739.

Ace Electromagnetics has 2 current directors:

The latest financial statements of Ace Electromagnetics 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 Ace Electromagnetics is 27AAFCA7394D1ZK, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ace Electromagnetics is U29308MH2006PTC162739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ace Electromagnetics was incorporated on 20 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Dayakshini Yogesh Shetty was appointed as Director on 20 Jun 2006. Yogesh Balakrishna Shetty was appointed as Director on 20 Jun 2006.

Yes, Ace Electromagnetics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0012169).

Ace Electromagnetics can be reached through the website aceelectromagnetics.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Ace Electromagnetics is at 61 Bindal Industrial Premises Chs. Behind Lathia Rubber Sakinaka Andheri, East, Mumbai, Maharashtra, India – 400072.