MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0010170
Aetrico Industries Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.22 Cr
▼ 36% YoY
Net profit · FY 2025
₹12.57 Lakh
Net margin 3%
EBITDA · FY 2025
₹82.92 Lakh
EBITDA margin 19.7%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹7.52 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
19
Provident fund records
About Aetrico Industries Private Limited
Data last updated:
Aetrico Industries Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 02 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2010PTC059386. Its GSTIN is 24AADCV1828R1ZV (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Vedant Preci-Tech Private Limited. It is led by directors including Hemangini Harish Panchal and Champaben Shanabhai Panchal.
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 9 – 10 Sainath Industrial Estate Dharamsinh Desai Road Chhani Road, Vadodara, Gujarat, India – 390024.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.22 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹12.57 Lakh (net margin 3%) and EBITDA of ₹82.92 Lakh (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aetrico Industries. As per MCA filings, the company has open charges of ₹7.52 Cr on record.
Aetrico Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0010170). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aetrico.com.
Company details
CIN U29190GJ2010PTC059386
Registration Number 059386
Incorporation Date 02 February 2010
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-24-0010170
Key People
Hemangini Harish Panchal Director Champaben Shanabhai Panchal Director Darpa Shrikesh Panchal Director Recognitions & Rankings of Aetrico Industries
Contact details
Aetrico Industries Private Limited's registered office is in Vadodara, Gujarat. Its website is aetrico.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9 – 10 Sainath Industrial Estate Dharamsinh Desai Road Chhani Road, Vadodara, Gujarat, India – 390024
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Aetrico Industries Private Limited, buy the company report.
Comprehensive company report
Aetrico Industries 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
Aetrico Industries operates one associated brand: Aetrico Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of precision engineering components and spare parts for tobacco, BOPP, pharma, and textile industries. | aetrico.com |
Business activity
The main business activity of Aetrico Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Aetrico Industries Private Limited, buy the company report.
Financials of Aetrico Industries Private Limited
FY 2025 filings availableAetrico Industries Private Limited reported revenue of ₹4.22 Cr (down 36% YoY) for FY 2025.
Revenue · FY 2025
₹4.22 Cr ▼ 36%
Net profit · FY 2025
₹12.57 Lakh margin 3%
EBITDA · FY 2025
₹82.92 Lakh margin 19.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 8%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 6%
5 years · compounded
▲ 17%
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 33% 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 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 | ₹82.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.57 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.7% | ||||
| Net Profit Margin | 3% | ||||
| 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 Aetrico Industries Private Limited, buy the company report.
Board of directors of Aetrico Industries Private Limited
Aetrico Industries has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemangini Harish Panchal | Director | 02 Feb 2010 | 16 Years 8 Months | Current |
| Champaben Shanabhai Panchal | Director | 02 Feb 2010 | 16 Years 8 Months | Current |
| Darpa Shrikesh Panchal | Director | 02 Feb 2010 | 16 Years 8 Months | Current |
| Kunjan Rakesh Panchal | Director | 02 Feb 2010 | 16 Years 8 Months | Current |
| Hasmukh Mafatlal Panchal Also directs: Atlantis Tobacco Private Limited | Director | 15 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Aetrico Industries Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sagar Fasteners Private Limited | ₹4.23 Cr (FY 2024) | -26.0% | Ludhiana, Punjab, India | |||
| Ken 2 V Engineers Private Limited | ₹4.22 Cr (FY 2024) | 30.0% | Bangalore, Karnataka, India | |||
| Aetrico Industries Private Limitedthis company | ₹4.22 Cr (FY 2025) | ₹12.57 Lakh | 3% | -36.0% | 19 | Vadodara, Gujarat, India |
| Guliani Industries Private Limited | ₹4.21 Cr (FY 2025) | 64.0% | Ludhiana, Punjab, India | |||
| Supremo Profiles P Ltd | ₹4.21 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India |
To see the full peer comparison of Aetrico Industries Private Limited, buy the company report.
Auditor
Aetrico Industries Private Limited is audited by Rajesh Nagda & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajesh Nagda & Co. | FY 2023 | 151838W |
Shareholding
The shareholding of Aetrico Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aetrico Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.52 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2023 | 100822473 | Others | ₹3.6 Cr | Open | |
| 24 Mar 2023 | 100710598 | Sidbi | ₹3 Cr | Open | |
| 20 Sep 2019 | 100290323 | Sidbi | ₹92 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Aetrico Industries 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
Aetrico Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Aetrico Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aetrico Industries Private Limited has a workforce of 19 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-20.83%
GST
Aetrico Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV1828R1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aetrico Industries Private Limited, buy the company report.
Recent activity
Aetrico Industries Private Limited has 5 board changes on record since 2010: 5 appointments. The latest: Hasmukh Mafatlal Panchal was appointed as Director on 15 Feb 2025.
AGM
Aetrico Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aetrico Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Hasmukh Mafatlal Panchal was appointed as Director.
Charges
A charge with Others amounted to Rs. 360.00 Lakh with Charge ID 100822473 was registered on 30 Sep 2023.
Charges
A charge with Sidbi amounted to Rs. 300.00 Lakh with Charge ID 100710598 was registered on 24 Mar 2023.
Charges
A charge with Sidbi amounted to Rs. 92.00 Lakh with Charge ID 100290323 was registered on 20 Sep 2019.
Appointed
Champaben Shanabhai Panchal was appointed as Director.
Appointed
Darpa Shrikesh Panchal was appointed as Director.
Appointed
Hemangini Harish Panchal was appointed as Director.
Appointed
Kunjan Rakesh Panchal was appointed as Director.
Incorporation
02 Feb 2010
Aetrico Industries Private Limited was registered on 02 Feb 2010 with Roc Ahmedabad & aged 16 years 8 months as per MCA records.
Frequently asked questions
Aetrico Industries is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 02 February 2010 (16+ years old) and is registered under CIN U29190GJ2010PTC059386.
Aetrico Industries has 5 current directors:
- Hemangini Harish Panchal - Director
- Champaben Shanabhai Panchal - Director
- Darpa Shrikesh Panchal - Director
- Kunjan Rakesh Panchal - Director
- Hasmukh Mafatlal Panchal - Director
The latest financial statements of Aetrico Industries 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 2015 are in the company report.
The GSTIN of Aetrico Industries is 24AADCV1828R1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Aetrico Industries is U29190GJ2010PTC059386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aetrico Industries was incorporated on 02 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aetrico Industries by revenue are Sagar Fasteners Private Limited, Ken 2 V Engineers Private Limited, Guliani Industries Private Limited, Supremo Profiles P Ltd, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Hasmukh Mafatlal Panchal was appointed as Director on 15 Feb 2025. Champaben Shanabhai Panchal was appointed as Director on 02 Feb 2010. Darpa Shrikesh Panchal was appointed as Director on 02 Feb 2010. Aetrico Industries has 5 board changes on record in total.
Yes, Aetrico Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0010170).
Aetrico Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 3 micro and small suppliers. The latest return was filed on 03 Jun 2019.
Aetrico Industries can be reached through the website aetrico.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Aetrico Industries is at 9 – 10 Sainath Industrial Estate Dharamsinh Desai Road Chhani Road, Vadodara, Gujarat, India – 390024.
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