Advancetech Engineering Private Limited

Advancetech Engineering Private Limited - engineering in New, Delhi, India. FY 2026 financials & compliance.
CIN U29910DL1997PTC090991 Incorporated 04 December 1997 ROC Delhi HQ New, Delhi, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2018
₹11.7 Cr
▼ 7% YoY
Net loss · FY 2018
₹2.46 Cr
Net margin -21%
EBITDA · FY 2018
-₹1.48 Cr
EBITDA margin -12.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹4.1 Cr
Satisfied ₹15 Lakh
Company age
29 yrs
Est. 1997
Employees · EPFO
9
Provident fund records

About Advancetech Engineering Private Limited

Data last updated:

Advancetech Engineering Private Limited is a private limited company based in New, Delhi, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 04 December 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29910DL1997PTC090991. Its GSTIN is 06AABCA8417H1ZU (Haryana). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Niranjan Kumar Yadav (Managing Director) and Sachdev Yadav.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at L – 319 Mahipal Pur Extn., New, Delhi, India – 110037.

As per the financials filed for FY 2018, the company reported a revenue of ₹11.7 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹2.46 Cr (net margin -21%) and EBITDA of -₹1.48 Cr (EBITDA margin -12.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.

The company has about 9 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹4.1 Cr and satisfied charges of ₹15 Lakh on record. Court records list 12 cases involving the company, including 12 filed against it; 8 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advancetechengg.com.

Company Details of Advancetech Engineering Private Limited
CIN U29910DL1997PTC090991
Registration Number 090991
Incorporation Date 04 December 1997
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    L – 319 Mahipal Pur Extn., New, Delhi, India – 110037
  • Industry
    Engineering, Metal Foundry & Fabrication Services
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Financials, compliance, directors, charges, ownership and filings for Advancetech Engineering Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Advancetech Engineering Private Limited

The main business activity of Advancetech Engineering is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activitiesLocked
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Auditor Details of Advancetech Engineering Private Limited

Advancetech Engineering Private Limited is audited by SUSHIL K SHARMA & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
SUSHIL K SHARMA & COLockedLockedLocked
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Board of Directors of Advancetech Engineering Private Limited

Advancetech Engineering has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sachdev YadavDirector10 May 201313 Years 4 MonthsCurrent
Niranjan Kumar YadavManaging Director14 Dec 199728 Years 9 MonthsCurrent
Sachin YadavAdditional Director10 Apr 20179 Years 5 MonthsCurrent

Financials of Advancetech Engineering Private Limited FY 2018 filings available

Advancetech Engineering Private Limited reported revenue of ₹11.7 Cr (down 7% YoY) for FY 2018.

Revenue · FY 2018
₹11.7 Cr ▼ 7%
Net loss · FY 2018
₹2.46 Cr margin -21%
EBITDA · FY 2018
-₹1.48 Cr margin -12.6%

Compounded Annual Growth Rate (CAGR) of Advancetech Engineering Private Limited

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 241%
3 years · compounded
▼ 41%

Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 7% fall in the latest year. EBITDA fell 241% 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 Advancetech Engineering Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹11.7 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA-₹1.48 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹2.46 Cr••••••••••••
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 Advancetech Engineering Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-12.6%••••••••••••
Net Profit Margin-21%••••••••••••
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 Advancetech Engineering are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Advancetech Engineering Private Limited

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Charges & Borrowings of Advancetech Engineering Private Limited

Open charges
₹4.1 Cr
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Union Bank of India₹3.82 Cr
Others₹0.29 Cr
Latest charge details
DateLenderAmountStatus
22 Jul 2020Others₹28.5 LakhOpen
22 Mar 2014Union Bank of India₹5.5 LakhOpen
22 Oct 2007Union Bank of India₹4.5 LakhOpen
19 Oct 2007Union Bank of India₹6 LakhOpen
30 Oct 1999Union Bank of India₹3.66 CrOpen

Total charge records: 6 View all charges

Employees and EPFO Compliance at Advancetech Engineering Private Limited

Advancetech Engineering Private Limited has a workforce of 9 employees as of Apr 03, 2024.

Employee count
9
Active EPFO establishments
1
Employee growth
-25%
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GST Compliance of Advancetech Engineering Private Limited

Advancetech Engineering has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
06AABCA8417H1ZUHaryanaActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Advancetech Engineering Private Limited

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MSME Payment Delays by Advancetech Engineering Private Limited

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Subsidiaries & Group Companies of Advancetech Engineering Private Limited

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MCA Filings & Documents of Advancetech Engineering Private Limited

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Recent Activity on Advancetech Engineering Private Limited

Charges
22 Jul 2020
A charge with Others amounted to Rs. 0.29 Cr with Charge ID 100357744 was registered on 22 Jul 2020.
Activity
28 Sep 2018
Advancetech Engineering Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Activity
31 Mar 2018
Advancetech Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi I.
Directors
10 Apr 2017
Sachin Yadav was appointed as a Additional Director on 10 Apr 2017 & has been associated with this company since 9 years 5 months.
Charges
07 Dec 2015
A charge with Union Bank Of India of Rs. 3.66 Cr registered on 30 Oct 1999 with Charge ID 90035486 was modified on 07 Dec 2015.
Charges
22 Mar 2014
A charge with Union Bank Of India amounted to Rs. 0.06 Cr with Charge ID 10488368 was registered on 22 Mar 2014.

Frequently Asked Questions about Advancetech Engineering Private Limited

Advancetech Engineering is an active private limited company based in New, Delhi, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 04 December 1997 (29+ years old) and is registered under CIN U29910DL1997PTC090991.

Advancetech Engineering reported revenue of ₹11.7 Cr for FY 2018 (down 7% YoY).

Advancetech Engineering has 3 current directors:

Advancetech Engineering reported a net loss of ₹2.46 Cr (net margin -21%) and EBITDA of -₹1.48 Cr (EBITDA margin -12.6%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Advancetech Engineering is -7% over three years. In the latest year (FY 2018) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Advancetech Engineering is 06AABCA8417H1ZU, registered in Haryana. 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 Advancetech Engineering is U29910DL1997PTC090991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Advancetech Engineering has 12 court cases on record: 12 filed against it. 8 are pending.

Advancetech Engineering was incorporated on 04 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.

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