MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0013192
Airvision Technologies Private Limited - machinery and equipment in Palghar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.6 Cr
▲ 2% YoY
Net profit · FY 2024
₹17.68 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹1.27 Cr
EBITDA margin 13.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹5.17 Cr
Satisfied ₹23.09 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
34
Provident fund records
About Airvision Technologies Private Limited
Data last updated:
Airvision Technologies Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2006PTC162730. Its GSTIN is 27AAFCA9802Q1Z4 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Anand Madhusudan Shetye (Managing Director) and Archana Anand Shetye.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 Unico Industrial Park, Palghar, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.6 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹17.68 Lakh (net margin 1.8%) and EBITDA of ₹1.27 Cr (EBITDA margin 13.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Air Vision Technologies. As per MCA filings, the company has open charges of ₹5.17 Cr and satisfied charges of ₹23.09 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending.
Airvision Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0013192). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airvisiontech.com.
Company Details of Airvision Technologies Private Limited
CIN U31909MH2006PTC162730
Registration Number 162730
Incorporation Date 19 June 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0013192
Recognitions & Rankings of Airvision Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGala No.9 To16 Building No.1 Unico Industrial Park Tungareshwar Road W.E. Highway Vasai (Ea, St), Palghar, Maharashtra, India – 401208
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
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Associated Brands with Airvision Technologies Private Limited
Airvision Technologies operates one associated brand: Air Vision Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of air terminal devices including grilles, dampers, diffusers, and air curtains in India. | airvisiontech.com |
Business Activity of Airvision Technologies Private Limited
The main business activity of Airvision Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Airvision Technologies Private Limited FY 2024 filings available
Airvision Technologies Private Limited reported revenue of ₹9.6 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹9.6 Cr ▲ 2%
Net profit · FY 2024
₹17.68 Lakh margin 1.8%
EBITDA · FY 2024
₹1.27 Cr margin 13.2%
Compounded Annual Growth Rate (CAGR) of Airvision Technologies Private Limited
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 2%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▼ 29%
5 years · compounded
▼ 9%
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 70% 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 Airvision Technologies Private 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 | ₹1.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.68 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 Airvision Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Airvision Technologies 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 Airvision Technologies Private Limited
Airvision Technologies has 2 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 |
|---|---|---|---|---|
| Anand Madhusudan Shetye | Managing Director | 19 Jun 2006 | 20 Years 4 Months | Current |
| Archana Anand Shetye | Director | 19 Jun 2006 | 20 Years 4 Months | Current |
Peer Comparison of Airvision Technologies Private Limited
Airvision 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 |
|---|---|---|---|---|---|---|
| Cicoria India Private Limited | ₹9.64 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | Hoshiarpur, Punjab, India |
| Extract Engineering Works Private Limited | ₹9.63 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Dharwad, Karnataka, India |
| Shri Vishnu Refractories Limited | ₹9.61 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Alwar, Rajasthan, India |
| Manibhadra Machine Tools Private Limited | ₹9.61 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Thane, Maharashtra, India |
| Usha Filters Private Limited | ₹9.6 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Meerut, Uttar Pradesh, India |
| Airvision Technologies Private Limited this company | ₹9.6 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Palghar, Maharashtra, India |
| Scalene Livprotec Private Limited | ₹9.6 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Bangalore, Karnataka, India |
| Cor-Resist (Nasik) Private Limited | ₹9.59 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Nashik, Maharashtra, India |
| Aotai Electric India Private Limited | ₹9.59 Cr (FY 2022) | •••• | •••• | 57.0% | •••• | Pune, Maharashtra, India |
| Mechmaark Industries Private Limited | ₹9.58 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | New Delhi, Delhi, India |
| Potent Water Care Private Limited | ₹9.58 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Airvision 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 Airvision Technologies Private Limited
Airvision Technologies Private Limited is audited by UDAY G.KARNIK for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UDAY G.KARNIK | 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 Airvision Technologies Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Airvision Technologies Private Limited
Open charges
₹5.17 Cr
Satisfied charges
₹23.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | Others | ₹50 Lakh | Open |
| 27 Feb 2024 | Others | ₹2.47 Cr | Open |
| 25 Oct 2023 | Others | ₹1.95 Cr | Open |
| 21 Aug 2023 | Others | ₹24.88 Lakh | Open |
| 07 Sep 2022 | Others | ₹2.5 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Airvision Technologies Private Limited
Airvision Technologies Private Limited has 7 court cases on record: 5 filed by Airvision Technologies, 2 filed against it. 1 case is pending and 6 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Alco Metal Extrusions Limited | Disposed |
| Bombay High Court | Appeal | Filed by the company against Gal Aluminium Extrusion Private Limited | Disposed |
| Bombay High Court | Appeal | Filed by the company against Gal Aluminium Extrusion Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Saitech Hvac Projects Ovt. Ltd | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Disposed |
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Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Airvision Technologies Private Limited
Airvision Technologies Private Limited has a workforce of 34 employees as of Apr 08, 2024.
Employee count
34
Active EPFO establishments
1
Employee growth
13.33%
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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 Airvision Technologies Private Limited
Airvision Technologies Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Anand Madhusudan Shetye ceased to be Director on 01 Apr 2010.
AGM
Airvision Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Airvision Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100899451 was registered on 28 Mar 2024.
Charges
A charge registered on 07 Sep 2022 via Charge ID 100608853 with Others was fully satisfied on 20 Mar 2024.
Charges
A charge with Others amounted to Rs. 2.47 Cr with Charge ID 100899450 was registered on 27 Feb 2024.
Charges
A charge with Others amounted to Rs. 1.95 Cr with Charge ID 100805168 was registered on 25 Oct 2023.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100792809 was registered on 21 Aug 2023.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100608853 was registered on 07 Sep 2022.
Charges
A charge registered on 30 Apr 2021 via Charge ID 100459660 with Others was fully satisfied on 19 Aug 2022.
Charges
A charge with Others amounted to Rs. 1.87 Cr with Charge ID 100459660 was registered on 30 Apr 2021.
Charges
A charge registered on 20 Mar 2010 via Charge ID 10213364 with Bank Of Baroda was fully satisfied on 17 Mar 2021.
Charges
A charge registered on 31 Dec 2009 via Charge ID 10203905 with Bank Of Baroda was fully satisfied on 17 Mar 2021.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Airvision Technologies Private Limited
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MSME Payment Delays by Airvision Technologies Private Limited
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Subsidiaries & Group Companies of Airvision Technologies Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Airvision Technologies Private Limited
Airvision Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA9802Q1Z4 | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Airvision Technologies Private Limited
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Frequently Asked Questions about Airvision Technologies Private Limited
Airvision Technologies is an active private limited company based in Palghar, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 June 2006 (20+ years old) and is registered under CIN U31909MH2006PTC162730.
Airvision Technologies reported revenue of ₹9.6 Cr for FY 2024 (up 2% YoY).
Airvision Technologies has 2 current directors:
- Anand Madhusudan Shetye - Managing Director
- Archana Anand Shetye - Director
Airvision Technologies reported a net profit of ₹17.68 Lakh (net margin 1.8%) and EBITDA of ₹1.27 Cr (EBITDA margin 13.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Airvision Technologies is 2% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Airvision Technologies is 27AAFCA9802Q1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Airvision Technologies is U31909MH2006PTC162730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airvision Technologies has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Airvision Technologies was incorporated on 19 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Airvision Technologies by revenue are Cicoria India Private Limited, Extract Engineering Works Private Limited, Shri Vishnu Refractories Limited, Manibhadra Machine Tools Private Limited, Usha Filters Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Anand Madhusudan Shetye ceased to be Director on 01 Apr 2010. Anand Madhusudan Shetye was appointed as Managing Director on 19 Jun 2006. Archana Anand Shetye was appointed as Director on 19 Jun 2006.