Airtech Systems (India) Private Limited

Airtech Systems (India) Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29190MH2004PTC145259 Incorporated 23 March 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2025
₹104.28 Cr
▲ 11% YoY
Net profit · FY 2025
₹4.61 Cr
Net margin 4.4%
EBITDA · FY 2025
₹8.36 Cr
EBITDA margin 8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹4.5 Cr
Satisfied ₹8.69 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
28
Provident fund records

About Airtech Systems (India) Private Limited

Data last updated:

Airtech Systems (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 23 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29190MH2004PTC145259. Its GSTIN is 27AAECA7022R1ZB (Maharashtra).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Vijay Satpal Aggarwal and Aruna Vijay Aggarwal.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹104.28 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.61 Cr (net margin 4.4%) and EBITDA of ₹8.36 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 15% over five years.

The company has about 28 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹8.69 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 3 deals on record (3 secondary share transfers); the latest was in May 2022. Its 10 peer companies in the Machinery and Equipment industry (Tools and Components) are compared by revenue, 5 larger and 5 smaller; the largest is Aparna Tools and Components Private Limited with revenue of ₹105.93 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 664 overdue payments to 91 micro and small suppliers.

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

Company Details of Airtech Systems (India) Private Limited
CIN U29190MH2004PTC145259
Registration Number 145259
Incorporation Date 23 March 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Vijay Satpal Aggarwal Director Aruna Vijay Aggarwal Director Anil Satpal Aggarwal Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    airtechsys.in
  • Social Media
  • Registered Address
    502 – 503 Satellite Silver Andheri – Kurla Road Marol Naka Andheri, (East), Mumbai, Maharashtra, India – 400059
  • Industry
    Machinery and Equipment, Industrial Tools & Components
Comprehensive company report
Airtech Systems (India) 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
  • One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Unlock the full Airtech Systems (India) Private Limited report

Financials, compliance, directors, charges, ownership and filings for Airtech Systems (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Airtech Systems (India) Private Limited

The main business activity of Airtech Systems (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
Premium access

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 Airtech Systems (India) Private Limited FY 2025 filings available

Airtech Systems (India) Private Limited reported revenue of ₹104.28 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹104.28 Cr ▲ 11%
Net profit · FY 2025
₹4.61 Cr margin 4.4%
EBITDA · FY 2025
₹8.36 Cr margin 8%

Compounded Annual Growth Rate (CAGR) of Airtech Systems (India) Private Limited

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 37%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 31%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 11% growth in the latest year. EBITDA rose 17% 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 Airtech Systems (India) Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹8.36 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹4.61 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 Airtech Systems (India) Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8%••••••••••••••••
Net Profit Margin4.4%••••••••••••••••
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 Airtech Systems (India) are in the company report.

Premium access

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 Airtech Systems (India) Private Limited

Airtech Systems (India) Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aparna Tools and Components Private Limited₹105.93 Cr (FY 2024)••••••••11.0%••••Pithampur, Madhya Pradesh, India
Kanin Industries Private Limited₹105.91 Cr (FY 2025)••••••••4.0%••••New Delhi, Delhi, India
Sakegaonkar Innovative Technologies Private Limited₹105.22 Cr (FY 2025)••••••••-10.0%••••Pune, Maharashtra, India
Nisiki Technologies Private Limited₹105.08 Cr (FY 2025)••••••••16.0%••••Bangalore, Karnataka, India
Mascot Forge Pvt Ltd₹104.83 Cr (FY 2025)••••••••-30.0%••••Metoda, Gujarat, India
Airtech Systems (India) Private Limited this company₹104.28 Cr (FY 2025)••••••••11.0%••••Mumbai, Maharashtra, India
Pentagon Forge & Machine Limited₹102.69 Cr (FY 2025)••••••••11.0%••••Rajkot, Gujarat, India
Lamda Components Private Limited₹102.69 Cr (FY 2025)••••••••13.0%••••Bangalore, Karnataka, India
Lal Metal Forge Private Limited₹102.59 Cr (FY 2025)••••••••-2.0%••••Ghaziabad, Uttar Pradesh, India
Varindera Tools Private Limited₹102.58 Cr (FY 2025)••••••••50.0%••••Jalandhar, Punjab, India
Carrier Engineers Private Limited₹102.21 Cr (FY 2025)••••••••2.0%••••Faridabad, Haryana, India

Peers are the five companies nearest above and the five nearest below Airtech Systems (India) by revenue in the Machinery and Equipment industry (Tools and Components), 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 Airtech Systems (India) Private Limited

Airtech Systems (India) Private Limited is audited by LADHA SINGHAL & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
LADHA SINGHAL & ASSOCIATESLockedLockedLocked
Premium access

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 Airtech Systems (India) Private Limited

Airtech Systems (India) has 7 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Satpal AggarwalDirector15 Mar 201610 Years 6 MonthsCurrent
Aruna Vijay AggarwalDirector23 Mar 200422 Years 6 MonthsCurrent
Anil Satpal AggarwalDirector23 Mar 200422 Years 6 MonthsCurrent
Sunil Satpal AggarwalDirector23 Mar 200422 Years 6 MonthsCurrent
Abhishek Anil AggarwalDirector02 Mar 201511 Years 7 MonthsCurrent
Sumeet Vijay AggarwalDirector02 Mar 201511 Years 7 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Ownership and Shareholding of Airtech Systems (India) Private Limited

Premium access

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 Airtech Systems (India) Private Limited

Open charges
₹4.5 Cr
Satisfied charges
₹8.69 Cr
Breakdown by lending institutions
Others₹4.50 Cr
Latest charge details
DateLenderAmountStatus
30 Dec 2021Others₹4.5 CrOpen
28 Jan 2019Hdfc Bank Limited₹99 LakhSatisfied
02 Dec 2017Hdfc Bank Limited₹3.7 CrSatisfied
07 Jan 2016Hdfc Bank Limited₹4 CrSatisfied

Total charge records: 4 View all charges

Deals & Funding of Airtech Systems (India) Private Limited

Airtech Systems (India) Private Limited has 3 deals on record (3 secondary share transfers); the latest was in May 2022.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
May 2022Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 3 individuals
Apr 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2006Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Premium access

Full deal history

All 3 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.

MSME Payment Delays by Airtech Systems (India) Private Limited

Airtech Systems (India) Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 664 overdue payments to 91 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 (5 of 91)

SupplierAmount dueDue sinceReported on
Durga Automation & Control Private Limited••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
Starol Petroleum Limited••••••••••••
Premium access

Full MSME payment history

Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.

  • Every reported supplier due
  • Amounts and due dates
  • Reasons given in each return
  • Period-by-period history

Verified entity values are shown only after access is granted.

Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Airtech Systems (India) Private Limited

Airtech Systems (India) Private Limited has a workforce of 28 employees as of Apr 05, 2024.

Employee count
28
Active EPFO establishments
1
Employee growth
-3.45%
Premium access

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.

Recent Activity on Airtech Systems (India) Private Limited

Airtech Systems (India) Private Limited has 7 board changes on record since 2004: 7 appointments. The latest: Vijay Satpal Aggarwal was appointed as Director on 15 Mar 2016.

AGM
Airtech Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Airtech Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 4.50 Cr registered on 30 Dec 2021 with Charge ID 100517773 was modified on 31 Dec 2021.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100517773 was registered on 30 Dec 2021.
Charges
A charge registered on 28 Jan 2019 via Charge ID 100246193 with Hdfc Bank Limited was fully satisfied on 17 Dec 2021.
Charges
A charge registered on 02 Dec 2017 via Charge ID 100153447 with Hdfc Bank Limited was fully satisfied on 17 Dec 2021.
Charges
A charge registered on 07 Jan 2016 via Charge ID 10618046 with Hdfc Bank Limited was fully satisfied on 17 Dec 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 3.70 Cr registered on 02 Dec 2017 with Charge ID 100153447 was modified on 12 Apr 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100246193 was registered on 28 Jan 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.70 Cr with Charge ID 100153447 was registered on 02 Dec 2017.
Appointed
Vijay Satpal Aggarwal was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 07 Jan 2016 with Charge ID 10618046 was modified on 11 Jan 2016.

8 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Airtech Systems (India) Private Limited

Premium access

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.

Subsidiaries & Group Companies of Airtech Systems (India) Private Limited

Premium access

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 Airtech Systems (India) Private Limited

Airtech Systems (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECA7022R1ZBMaharashtraActive01 Jul 2017
Premium access

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 Airtech Systems (India) Private Limited

Premium access

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 Airtech Systems (India) Private Limited

Airtech Systems (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 23 March 2004 (22+ years old) and is registered under CIN U29190MH2004PTC145259.

Airtech Systems (India) reported revenue of ₹104.28 Cr for FY 2025 (up 11% YoY).

Airtech Systems (India) has 7 current directors:

Airtech Systems (India) reported a net profit of ₹4.61 Cr (net margin 4.4%) and EBITDA of ₹8.36 Cr (EBITDA margin 8%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Airtech Systems (India) is 37% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Airtech Systems (India) is 27AAECA7022R1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Airtech Systems (India) is U29190MH2004PTC145259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Airtech Systems (India) has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.

Airtech Systems (India) was incorporated on 23 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Airtech Systems (India) has 3 deals on record (3 secondary share transfers); the latest was in May 2022.

The peers of Airtech Systems (India) by revenue are Aparna Tools and Components Private Limited, Kanin Industries Private Limited, Sakegaonkar Innovative Technologies Private Limited, Nisiki Technologies Private Limited, Mascot Forge Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Tools and Components).

Vijay Satpal Aggarwal was appointed as Director on 15 Mar 2016. Abhishek Anil Aggarwal was appointed as Director on 02 Mar 2015. Rakhi Sunil Aggarwal was appointed as Director on 02 Mar 2015. Airtech Systems (India) has 7 board changes on record in total.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - compiled from official filings and updated regularly.

Subscription plans available