About Adarin Engineering Technologies Private Limited
Data last updated:
Adarin Engineering Technologies Private Limited is a private limited company based in Raipur, Chhattisgarh, India, a subsidiary of M/S. Shado International Group Pte. Ltd and recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U29292CT2013PTC000791. Its GSTIN is 29AALCA6110H1ZQ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kajal Kireet Shah and Saurabh Satish Markandeya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mig 29 Indrawati Colony Off Canal Linking Road, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.68 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹29.9 Lakh (net margin -280%) and EBITDA of -₹22.63 Lakh (EBITDA margin -211.9%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 25% over five years.
The company is associated with 1 brand: Adarin ET. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2019. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Paragati Polymers Private Limited with revenue of ₹10.81 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adarinhybrids.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressMig 29 Indrawati Colony Off Canal Linking Road, Raipur, Chhattisgarh, India – 492001
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Adarin Engineering Technologies Private Limited
The main business activity of Adarin Engineering Technologies is information and communication. In detail, this covers other information & communication service activities.
| 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 |
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 Adarin Engineering Technologies Private Limited FY 2022 filings available
Adarin Engineering Technologies Private Limited reported revenue of ₹10.68 Lakh (down 71% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Adarin Engineering Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 71% fall in the latest year. EBITDA rose 59% 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 Adarin Engineering Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹22.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹29.9 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Adarin Engineering Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -211.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -280% | •••• | •••• | •••• | •••• |
| 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 Adarin Engineering Technologies 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 Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paragati Polymers Private Limited | ₹10.81 Lakh (FY 2019) | •••• | •••• | -73.0% | •••• | Bahadurgarh, Haryana, India |
| Shri Shakti Opstech Private Limited | ₹10.8 Lakh (FY 2022) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Haji Global Private Limited | ₹10.8 Lakh (FY 2024) | •••• | •••• | -56.0% | •••• | Delhi, India |
| Uttaranchal Packaging Private Limited | ₹10.71 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Us Nagar, Uttarakhand, India |
| Prance Industries Private Limited | ₹10.7 Lakh (FY 2022) | •••• | •••• | -16.0% | •••• | Khatu Shyamji, Rajasthan, India |
| Adarin Engineering Technologies Private Limited this company | ₹10.68 Lakh (FY 2022) | •••• | •••• | -71.0% | •••• | Raipur, Chhattisgarh, India |
| Fahir Electricals R&D Private Limited | ₹10.65 Lakh (FY 2024) | •••• | •••• | -97.0% | •••• | Bangalore, Karnataka, India |
| Hi-Q Exchangers Private Limited | ₹10.64 Lakh (FY 2023) | •••• | •••• | 206.0% | •••• | Chennai, Tamil Nadu, India |
| Techsonic Automation Private Limited | ₹10.62 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Deep Tubewell Drillers Pvt Ltd | ₹10.62 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Zirakpur, Punjab, India |
| Smartkwal Solutions Private Limited | ₹10.61 Lakh (FY 2025) | •••• | •••• | -78.0% | •••• | Cuttack, Odisha, India |
Peers are the five companies nearest above and the five nearest below Adarin Engineering Technologies by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies Private Limited is audited by VASANTH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASANTH & 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 Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kajal Kireet Shah Also directs: Dreamfly Innovations Private Limited, Furion Labs Private Limited | Director | 05 Apr 2013 | 13 Years 6 Months | Current |
| Saurabh Satish Markandeya Also directs: Dreamfly Innovations Private Limited, Furion Labs Private Limited | Director | 05 Apr 2013 | 13 Years 6 Months | Current |
Ownership and Shareholding of Adarin Engineering Technologies 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 Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Shado International Group Pte Limited & Saurabh Satish Markandeya Seller: Shado International Group Pte Limited |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Shado International Group Pte Limited Seller: an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Full deal history
All 4 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.
Associated Brands with Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies operates one associated brand: Adarin ET. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops hybrid transmission technologies for various applications. | adarinhybrids.com |
Employees and EPFO Compliance at Adarin Engineering Technologies Private Limited
Employment history and EPFO contributions of people linked to Adarin Engineering Technologies.
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.
Group Structure of Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
News related to Adarin Engineering Technologies Private Limited
Recent Activity on Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Kajal Kireet Shah ceased to be Director on 17 Dec 2022.
Credit Ratings, Litigation & Regulatory Alerts for Adarin Engineering Technologies 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 Adarin Engineering Technologies 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 Adarin Engineering Technologies 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 Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA6110H1ZQ | Karnataka | 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 Adarin Engineering Technologies 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 Adarin Engineering Technologies Private Limited
Adarin Engineering Technologies is an active private limited company based in Raipur, Chhattisgarh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 April 2013 (13+ years old) and is registered under CIN U29292CT2013PTC000791.
Adarin Engineering Technologies reported revenue of ₹10.68 Lakh for FY 2022 (down 71% YoY).
Adarin Engineering Technologies has 2 current directors:
- Kajal Kireet Shah - Director
- Saurabh Satish Markandeya - Director
Adarin Engineering Technologies reported a net loss of ₹29.9 Lakh (net margin -280%) and EBITDA of -₹22.63 Lakh (EBITDA margin -211.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adarin Engineering Technologies is -62% over three years and -25% over five years. In the latest year (FY 2022) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adarin Engineering Technologies is 29AALCA6110H1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Adarin Engineering Technologies is U29292CT2013PTC000791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarin Engineering Technologies was incorporated on 05 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Adarin Engineering Technologies has 4 deals on record (4 secondary share transfers); the latest was in March 2019.
The peers of Adarin Engineering Technologies by revenue are Paragati Polymers Private Limited, Shri Shakti Opstech Private Limited, Haji Global Private Limited, Uttaranchal Packaging Private Limited, Prance Industries Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Kajal Kireet Shah ceased to be Director on 17 Dec 2022. Saurabh Satish Markandeya ceased to be Director on 17 Dec 2022. Annavarapu Rama Mohana Rao ceased to be Director on 20 Mar 2020. Adarin Engineering Technologies has 6 board changes on record in total.