MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-06-0018980
Acqurate Engitech Limited
Acqurate Engitech Limited - consumer electronics & durables in Ankleshwar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.56 Lakh
▼ 85% YoY
Net loss · FY 2024
₹37.11 Lakh
Net margin -321.1%
EBITDA · FY 2024
-₹22.4 Lakh
EBITDA margin -193.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Satisfied charges
₹11.82 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
1
Provident fund records
About Acqurate Engitech Limited
Data last updated:
Acqurate Engitech Limited is a public limited company based in Ankleshwar, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36900GJ2008PLC054962. Its GSTIN is 24AAHCA4700B1ZG (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Jitendra Prabhudas Bhuta and Ashik Jitendra Bhuta.
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 Plot No.147 – 148 G I D C Industrial Estate, Ankleshwar, Gujarat, India – 393002.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.56 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹37.11 Lakh (net margin -321.1%) and EBITDA of -₹22.4 Lakh (EBITDA margin -193.8%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 30% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹11.82 Cr on record.
Acqurate Engitech Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0018980). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Acqurate Engitech Limited
CIN U36900GJ2008PLC054962
Registration Number 054962
Incorporation Date 04 September 2008
ROC Ahmedabad
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-GJ-06-0018980
Key People
Jitendra Prabhudas Bhuta Director Ashik Jitendra Bhuta Director Rajesh Chandulal Parmar Director Recognitions & Rankings of Acqurate Engitech
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No.147 – 148 G I D C Industrial Estate, Ankleshwar, Gujarat, India – 393002
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
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Business Activity of Acqurate Engitech Limited
The main business activity of Acqurate Engitech 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Acqurate Engitech Limited FY 2025 filings available
Acqurate Engitech Limited reported revenue of ₹11.56 Lakh (down 85% YoY) for FY 2024.
Revenue · FY 2024
₹11.56 Lakh ▼ 85%
Net loss · FY 2024
₹37.11 Lakh margin -321.1%
EBITDA · FY 2024
-₹22.4 Lakh margin -193.8%
Compounded Annual Growth Rate (CAGR) of Acqurate Engitech Limited
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 33%
5 years · compounded
▼ 30%
EBITDA CAGR growth
3 years · compounded
▲ 49%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 85% fall 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 Acqurate Engitech 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 | -₹22.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹37.11 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 Acqurate Engitech Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -193.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -321.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Acqurate Engitech are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Acqurate Engitech Limited
Acqurate Engitech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Prabhudas Bhuta | Director | 04 Sep 2008 | 18 Years 1 Months | Current |
| Ashik Jitendra Bhuta | Director | 04 Sep 2008 | 18 Years 1 Months | Current |
| Rajesh Chandulal Parmar | Director | 04 Sep 2008 | 18 Years 1 Months | Current |
Peer Comparison of Acqurate Engitech Limited
Acqurate Engitech Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veganya Food Private Limited | ₹11.7 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Promoad Packaging Industries Private Limited | ₹11.66 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| Cona Electronics Manufacturing and Research Private Limited | ₹11.66 Lakh (FY 2024) | •••• | •••• | 104.0% | •••• | Mumbai, Maharashtra, India |
| Sumitra Clean Tech Private Limited | ₹11.65 Lakh (FY 2024) | •••• | •••• | •••• | Uttar Pradesh, India | |
| Meera Sun Energy Private Limited | ₹11.57 Lakh (FY 2022) | •••• | •••• | •••• | Vadodara, Gujarat, India | |
| Acqurate Engitech Limited this company | ₹11.56 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Ankleshwar, Gujarat, India |
| EV Force Autotech Private Limited | ₹11.51 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Sonipat, Haryana, India |
| Calorytech Innovation Private Limited | ₹11.5 Lakh (FY 2025) | •••• | •••• | 340.0% | •••• | Bangalore, Karnataka, India |
| Aerion Electrotech Private Limited | ₹11.42 Lakh (FY 2019) | •••• | •••• | -48.0% | •••• | Ahmedabad, Gujarat, India |
| Sult Apparels Private Limited | ₹11.41 Lakh (FY 2021) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Dev Raj Engineers Private Limited | ₹11.34 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Acqurate Engitech by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Acqurate Engitech Limited
Acqurate Engitech Limited is audited by P. S. SAKHALKAR & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P. S. SAKHALKAR & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Acqurate Engitech Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Acqurate Engitech Limited
Open charges
None
Satisfied charges
₹11.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 May 2009 | State Bank of India | ₹7.08 Cr | Satisfied |
| 25 Mar 2009 | State Bank of India | ₹4.74 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Acqurate Engitech Limited
Acqurate Engitech Limited has a workforce of 1 employees as of Apr 10, 2024.
Employee count
1
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Acqurate Engitech Limited
Acqurate Engitech Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Vijay Bhaskarrao Mhaslekar ceased to be Director on 17 Feb 2017.
AGM
Acqurate Engitech Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Acqurate Engitech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 06 May 2009 via Charge ID 10159261 with State Bank Of India was fully satisfied on 14 Oct 2021.
Charges
A charge registered on 25 Mar 2009 via Charge ID 10151224 with State Bank Of India was fully satisfied on 14 Oct 2021.
Ceased
Vijay Bhaskarrao Mhaslekar ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 4.74 Cr registered on 25 Mar 2009 with Charge ID 10151224 was modified on 22 Jan 2014.
Charges
A charge with State Bank Of India amounted to Rs. 7.08 Cr with Charge ID 10159261 was registered on 06 May 2009.
Charges
A charge with State Bank Of India amounted to Rs. 4.74 Cr with Charge ID 10151224 was registered on 25 Mar 2009.
Appointed
Ashik Jitendra Bhuta was appointed as Director.
Appointed
Jitendra Prabhudas Bhuta was appointed as Director.
Appointed
Rajesh Chandulal Parmar was appointed as Director.
Incorporation
04 Sep 2008
Acqurate Engitech Limited was registered on 04 Sep 2008 with Roc Ahmedabad & aged 18 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Acqurate Engitech Limited
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MSME Payment Delays by Acqurate Engitech Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Acqurate Engitech Limited
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Corporate group structure
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GST Compliance of Acqurate Engitech Limited
Acqurate Engitech has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCA4700B1ZG | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Acqurate Engitech Limited
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MCA filings and documents
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Frequently Asked Questions about Acqurate Engitech Limited
Acqurate Engitech is an active public limited company based in Ankleshwar, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 September 2008 (18+ years old) and is registered under CIN U36900GJ2008PLC054962.
Acqurate Engitech reported revenue of ₹11.56 Lakh for FY 2024 (down 85% YoY).
Acqurate Engitech has 3 current directors:
- Jitendra Prabhudas Bhuta - Director
- Ashik Jitendra Bhuta - Director
- Rajesh Chandulal Parmar - Director
Acqurate Engitech reported a net loss of ₹37.11 Lakh (net margin -321.1%) and EBITDA of -₹22.4 Lakh (EBITDA margin -193.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Acqurate Engitech is -33% over three years and -30% over five years. In the latest year (FY 2024) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Acqurate Engitech is 24AAHCA4700B1ZG, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Acqurate Engitech is U36900GJ2008PLC054962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acqurate Engitech was incorporated on 04 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Acqurate Engitech by revenue are Veganya Food Private Limited, Promoad Packaging Industries Private Limited, Cona Electronics Manufacturing and Research Private Limited, Sumitra Clean Tech Private Limited, Meera Sun Energy Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Vijay Bhaskarrao Mhaslekar ceased to be Director on 17 Feb 2017. Ashik Jitendra Bhuta was appointed as Director on 04 Sep 2008. Jitendra Prabhudas Bhuta was appointed as Director on 04 Sep 2008. Acqurate Engitech has 4 board changes on record in total.
Yes, Acqurate Engitech is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-06-0018980).