Ak Engitech Solution Private Limited
About Ak Engitech Solution Private Limited
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Ak Engitech Solution Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 11 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29296GJ2015PTC084473. Its GSTIN is 24AANCA7667F1ZE (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardik Rajeshbhai Adesara and Ritaben Rajeshbhai Adesara.
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 Shade 7 Plot No. 12 Atulit Industrail Estate Opp. Vikas Group Gondal Road Kothariya, Rajkot, Gujarat, India – 360022.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.09 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹23.58 Lakh (net margin -387%) and EBITDA of -₹21.2 Lakh (EBITDA margin -347.9%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹16.82 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShade 7 Plot No. 12 Atulit Industrail Estate Opp. Vikas Group Gondal Road Kothariya, Rajkot, Gujarat, India – 360022
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
Business Activity of Ak Engitech Solution Private Limited
The main business activity of Ak Engitech Solution is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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 Ak Engitech Solution Private Limited FY 2024 filings available
Ak Engitech Solution Private Limited reported revenue of ₹6.09 Lakh (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ak Engitech Solution Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 36% fall 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 Ak Engitech Solution 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 | -₹21.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.58 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 Ak Engitech Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -347.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -387% | •••• | •••• | •••• | •••• |
| 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 Ak Engitech Solution are in the company report.
Financial statements from FY 2016
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 Ak Engitech Solution Private Limited
Ak Engitech Solution Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hillman Forging Private Limited | ₹6.28 Lakh (FY 2023) | •••• | •••• | -55.0% | •••• | Pune, Maharashtra, India |
| Mayumani Aerotech Private Limited | ₹6.24 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | Gangapur, Maharashtra, India |
| M.J. Designfab Private Limited | ₹6.24 Lakh (FY 2024) | •••• | •••• | 593.0% | •••• | Mumbai, Maharashtra, India |
| Prashanth Surface Coating Private Limited | ₹6.21 Lakh (FY 2024) | •••• | •••• | -45.0% | •••• | Bangalore, Karnataka, India |
| Aluforms India Formworks Private Limited | ₹6.15 Lakh (FY 2016) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Ak Engitech Solution Private Limited this company | ₹6.09 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Rajkot, Gujarat, India |
| Ak Nayra Construction Private Limited | ₹6.05 Lakh (FY 2025) | •••• | •••• | 133.0% | •••• | Patna, Bihar, India |
| Samadhan Engineering Private Limited | ₹6.01 Lakh (FY 2025) | •••• | •••• | -83.0% | •••• | Bangalore, Karnataka, India |
| Jay Bhavani Ispat Private Limited | ₹6 Lakh (FY 2025) | •••• | •••• | •••• | Panvel, Maharashtra, India | |
| Visharada Engineers Private Limited | ₹5.96 Lakh (FY 2019) | •••• | •••• | -51.0% | •••• | Bangalore, Karnataka, India |
| Acorn Plazma Private Limited | ₹5.91 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ak Engitech Solution by revenue in the Engineering industry (Foundry and Fabrication), 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 Ak Engitech Solution Private Limited
Ak Engitech Solution Private Limited is audited by GHETIYA M C & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GHETIYA M C & CO | Locked | Locked | Locked |
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 Ak Engitech Solution Private Limited
Ak Engitech Solution has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Rajeshbhai Adesara | Director | 11 Sep 2015 | 11 Years 0 Months | Current |
| Ritaben Rajeshbhai Adesara | Director | 26 Nov 2015 | 10 Years 10 Months | Current |
Ownership and Shareholding of Ak Engitech Solution Private Limited
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 Ak Engitech Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2018 | Others | ₹16.82 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ak Engitech Solution Private Limited
Employment history and EPFO contributions of people linked to Ak Engitech Solution.
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 Ak Engitech Solution Private Limited
Ak Engitech Solution Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Akhtar Alibhai Khalifa ceased to be Director on 27 Nov 2015.
Credit Ratings, Litigation & Regulatory Alerts for Ak Engitech Solution Private Limited
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.
MSME Payment Delays by Ak Engitech Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ak Engitech Solution Private Limited
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 Ak Engitech Solution Private Limited
Ak Engitech Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCA7667F1ZE | Gujarat | Active | 01 Jul 2017 |
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 Ak Engitech Solution Private Limited
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 Ak Engitech Solution Private Limited
Ak Engitech Solution is an active private limited company based in Rajkot, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 11 September 2015 (11+ years old) and is registered under CIN U29296GJ2015PTC084473.
Ak Engitech Solution reported revenue of ₹6.09 Lakh for FY 2024 (down 36% YoY).
Ak Engitech Solution has 2 current directors:
- Hardik Rajeshbhai Adesara - Director
- Ritaben Rajeshbhai Adesara - Director
Ak Engitech Solution reported a net loss of ₹23.58 Lakh (net margin -387%) and EBITDA of -₹21.2 Lakh (EBITDA margin -347.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ak Engitech Solution is -32% over three years and -24% over five years. In the latest year (FY 2024) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ak Engitech Solution is 24AANCA7667F1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Ak Engitech Solution is U29296GJ2015PTC084473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ak Engitech Solution was incorporated on 11 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ak Engitech Solution by revenue are Hillman Forging Private Limited, Mayumani Aerotech Private Limited, M.J. Designfab Private Limited, Prashanth Surface Coating Private Limited, Aluforms India Formworks Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Akhtar Alibhai Khalifa ceased to be Director on 27 Nov 2015. Ritaben Rajeshbhai Adesara was appointed as Director on 26 Nov 2015. Akhtar Alibhai Khalifa was appointed as Director on 11 Sep 2015. Ak Engitech Solution has 4 board changes on record in total.
The registered office of Ak Engitech Solution is at Shade 7 Plot No. 12 Atulit Industrail Estate Opp. Vikas Group Gondal Road Kothariya, Rajkot, Gujarat, India – 360022.