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Adon Equipments Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.05 Cr
▲ 39% YoY
Net profit · FY 2024
₹5.24 Lakh
Net margin 1%
EBITDA · FY 2024
₹17.34 Lakh
EBITDA margin 3.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.25 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Adon Equipments Private Limited
Data last updated:
Adon Equipments Private Limited is a private limited company based in Ahmedabad, Gujarat, India, 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 19 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2021PTC119574. Its GSTIN is 24AAUCA6602M1ZB (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ganesh Pathak and Chirag Rohitbhai Bhavsar.
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 Shed No.112/A Parishikhar Ind. Estate Part – 1 Nr.Ramol Toll Plaza Sp Ring Road, Ahmedabad, Gujarat, India – 382449.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.05 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹5.24 Lakh (net margin 1%) and EBITDA of ₹17.34 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years.
The company is associated with 1 brand: Adon Equipments. As per MCA filings, the company has open charges of ₹1.25 Cr on record.
Adon Equipments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0055656). For more details, the company can be reached via its website adonequipments.com.
Company details
CIN U29308GJ2021PTC119574
Registration Number 119574
Incorporation Date 19 January 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0055656
Key People
Ganesh Pathak Director Chirag Rohitbhai Bhavsar Director Ankitkumar Ramnikbhai Jagani Director Recognitions & Rankings of Adon Equipments
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0055656
Contact details
Adon Equipments Private Limited's registered office is in Ahmedabad, Gujarat. Its website is adonequipments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No.112/A Parishikhar Ind. Estate Part – 1 Nr.Ramol Toll Plaza Sp Ring Road, Ahmedabad, Gujarat, India – 382449
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Adon Equipments Private Limited, buy the company report.
Comprehensive company report
Adon Equipments 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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Brands
Adon Equipments operates one associated brand: ADON EQUIPMENTS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of PSA-based gas systems, air dryers, and purification equipment for industrial sectors. | adonequipments.com |
Business activity
The main business activity of Adon Equipments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Adon Equipments Private Limited, buy the company report.
Financials of Adon Equipments Private Limited
FY 2025 filings availableAdon Equipments Private Limited reported revenue of ₹5.05 Cr (up 39% YoY) for FY 2024.
Revenue · FY 2024
₹5.05 Cr ▲ 39%
Net profit · FY 2024
₹5.24 Lakh margin 1%
EBITDA · FY 2024
₹17.34 Lakh margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 149%
EBITDA CAGR growth
1 year
▲ 114%
3 years · compounded
▲ 168%
Revenue has grown at a compounded annual rate (CAGR) of 149% over three years, including 39% growth in the latest year. EBITDA rose 114% 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
| Metrics | 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 | ₹17.34 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.24 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.4% | |||
| Net Profit Margin | 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 Adon Equipments Private Limited, buy the company report.
Board of directors of Adon Equipments Private Limited
Adon Equipments has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Pathak Also directs: Adon Green Energy LLP | Director | 19 Jan 2021 | 5 Years 9 Months | Current |
| Chirag Rohitbhai Bhavsar Also directs: Adon Green Energy LLP | Director | 19 Jan 2021 | 5 Years 9 Months | Current |
| Ankitkumar Ramnikbhai Jagani Also directs: Adon Green Energy LLP | Director | 19 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Adon Equipments Private Limited is audited by MIKIL VORA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MIKIL VORA & ASSOCIATES | FY 2023 | 138197W |
Shareholding
The shareholding of Adon Equipments Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Adon Equipments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2023 | 100673686 | Others | ₹1.25 Cr | Open |
To see the full charge records of Adon Equipments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Adon Equipments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adon Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adon Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCA6602M1ZB | Gujarat | Active | 16 Feb 2021 |
To see the full GST registrations and return filing status of Adon Equipments Private Limited, buy the company report.
Recent activity
Adon Equipments Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Ankitkumar Ramnikbhai Jagani was appointed as Director on 19 Jan 2021.
AGM
Adon Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Adon Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 125.00 Lakh registered on 09 Jan 2023 with Charge ID 100673686 was modified on 02 Mar 2023.
Charges
A charge with Others amounted to Rs. 125.00 Lakh with Charge ID 100673686 was registered on 09 Jan 2023.
Appointed
Ankitkumar Ramnikbhai Jagani was appointed as Director.
Appointed
Chirag Rohitbhai Bhavsar was appointed as Director.
Appointed
Ganesh Pathak was appointed as Director.
Incorporation
19 Jan 2021
Adon Equipments Private Limited was registered on 19 Jan 2021 with Roc Ahmedabad & aged 5 years 9 months as per MCA records.
Frequently asked questions
Adon Equipments is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 January 2021 (5+ years old) and is registered under CIN U29308GJ2021PTC119574.
Adon Equipments has 3 current directors:
- Ganesh Pathak - Director
- Chirag Rohitbhai Bhavsar - Director
- Ankitkumar Ramnikbhai Jagani - Director
The latest financial statements of Adon Equipments 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 FY 2021 are in the company report.
The GSTIN of Adon Equipments is 24AAUCA6602M1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Adon Equipments is U29308GJ2021PTC119574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adon Equipments was incorporated on 19 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankitkumar Ramnikbhai Jagani was appointed as Director on 19 Jan 2021. Chirag Rohitbhai Bhavsar was appointed as Director on 19 Jan 2021. Ganesh Pathak was appointed as Director on 19 Jan 2021.
Yes, Adon Equipments is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Adon Equipments is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0055656).
Adon Equipments can be reached through the website adonequipments.com. Its registered office is in Ahmedabad, Gujarat, India.
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