About Achievo Engineering Components Private Limited
Data last updated:
Achievo Engineering Components Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28990MH2007PTC170814. Its GSTIN is 27AAGCA3707M1ZJ (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹11.2 Lakh. It is led by directors including Anoop Ashok Agarwal and Amit Ashok Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Vijaykarwadi S.V.Road Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.63 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹59.65 Lakh (net margin 6.9%) and EBITDA of ₹1.16 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 34% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.17 Cr and satisfied charges of ₹10 Lakh on record. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in March 2021. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Signiwis Technologies Private Limited with revenue of ₹8.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website achievo.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2nd Vijaykarwadi S.V.Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Achievo Engineering Components Private Limited
The main business activities of Achievo Engineering Components are information and communication and manufacturing. In detail, this covers other information & communication service activities and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Achievo Engineering Components Private Limited FY 2024 filings available
Achievo Engineering Components Private Limited reported revenue of ₹8.63 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Achievo Engineering Components Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 7% growth in the latest year. EBITDA rose 1% 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 Achievo Engineering Components Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹59.65 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 Achievo Engineering Components Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.9% | •••• | •••• | •••• | •••• |
| 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 Achievo Engineering Components 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 Achievo Engineering Components Private Limited
Achievo Engineering Components Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Signiwis Technologies Private Limited | ₹8.66 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Fuzen Software Private Limited | ₹8.66 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Caritor Solutions India Private Limited | ₹8.65 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Sagacity Softwares Private Limited | ₹8.63 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Bhopal, Madhya Pradesh, India |
| Tvarit Solutions Private Limited | ₹8.63 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Vadodara, Gujarat, India |
| Achievo Engineering Components Private Limited this company | ₹8.63 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Moving Walls India Private Limited | ₹8.62 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Tufin Software Technologies India Private Limited | ₹8.61 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Bangalore, Karnataka, India |
| Inteli Platforms Infotech India Private Limited | ₹8.61 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Matrix Media Solutions Private Limited | ₹8.6 Cr (FY 2023) | •••• | •••• | 33.0% | •••• | Kolkata, West Bengal, India |
| Mydigital Accounts Private Limited | ₹8.59 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Achievo Engineering Components by revenue in the Information Technology industry (Application Development), 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 Achievo Engineering Components Private Limited
Achievo Engineering Components Private Limited is audited by B SHAH AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B SHAH AND 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 Achievo Engineering Components Private Limited
Achievo Engineering Components has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoop Ashok Agarwal | Director | 14 May 2007 | 19 Years 4 Months | Current |
| Amit Ashok Agarwal | Director | 14 May 2007 | 19 Years 4 Months | Current |
| Ashok Amarnath Aggarwal | Director | 14 May 2007 | 19 Years 4 Months | Current |
Ownership and Shareholding of Achievo Engineering Components 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 Achievo Engineering Components Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2025 | Others | ₹9.3 Lakh | Open |
| 31 Mar 2025 | Others | ₹12.38 Lakh | Open |
| 18 Mar 2025 | Others | ₹11.1 Lakh | Open |
| 28 Jul 2022 | Others | ₹13.51 Lakh | Open |
| 09 May 2022 | Hdfc Bank Limited | ₹20.17 Lakh | Open |
Total charge records: 7 View all charges
Deals & Funding of Achievo Engineering Components Private Limited
Achievo Engineering Components Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in March 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹79.2 Lakh | Investors: 3 individuals |
| Mar 2012 | Funding round | ₹4 Lakh | Investors: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Achievo Engineering Components Private Limited
Achievo Engineering Components Private Limited has a workforce of 34 employees as of Mar 29, 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 Achievo Engineering Components Private Limited
Achievo Engineering Components Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Amit Ashok Agarwal was appointed as Director on 14 May 2007.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Achievo Engineering Components 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 Achievo Engineering Components 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 Achievo Engineering Components 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 Achievo Engineering Components Private Limited
Achievo Engineering Components has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA3707M1ZJ | Maharashtra | 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 Achievo Engineering Components 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 Achievo Engineering Components Private Limited
Achievo Engineering Components is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 May 2007 (19+ years old) and is registered under CIN U28990MH2007PTC170814.
Achievo Engineering Components reported revenue of ₹8.63 Cr for FY 2025 (up 7% YoY).
Achievo Engineering Components has 3 current directors:
- Anoop Ashok Agarwal - Director
- Amit Ashok Agarwal - Director
- Ashok Amarnath Aggarwal - Director
Achievo Engineering Components reported a net profit of ₹59.65 Lakh (net margin 6.9%) and EBITDA of ₹1.16 Cr (EBITDA margin 13.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Achievo Engineering Components is 20% over three years and 34% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Achievo Engineering Components is 27AAGCA3707M1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Achievo Engineering Components is U28990MH2007PTC170814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Achievo Engineering Components was incorporated on 14 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Achievo Engineering Components has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in March 2021.
The peers of Achievo Engineering Components by revenue are Signiwis Technologies Private Limited, Fuzen Software Private Limited, Caritor Solutions India Private Limited, Sagacity Softwares Private Limited, Tvarit Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Amit Ashok Agarwal was appointed as Director on 14 May 2007. Anoop Ashok Agarwal was appointed as Director on 14 May 2007. Ashok Amarnath Aggarwal was appointed as Director on 14 May 2007.