Akaaish Mechatronics Limited
About Akaaish Mechatronics Limited
Data last updated:
Akaaish Mechatronics Limited is a public limited company based in Vallabh Vidyanagar, Gujarat, India, a subsidiary of Aakaaish Investments Private Limited. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 16 October 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1978PLC003215. Its GSTIN is 24AAECA5386J1ZI (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹300. It was formerly known as B I Investments Limited and B I Investments Private Limited. It is led by directors including Ravinkumar Shah and Prayasvin Patel.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Anand – Sojitra Road, Vallabh Vidyanagar, Gujarat, India – 388120.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.53 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.11 Cr (net margin 18.9%) and EBITDA of ₹10.58 Cr (EBITDA margin 28.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 17% over five years.
The company has about 117 employees on its provident fund (EPFO) records.
Court records list 9 cases involving the company, including 9 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- Social MediaLocked
- Registered AddressAnand – Sojitra Road, Vallabh Vidyanagar, Gujarat, India – 388120
- IndustryEngineering, Industrial Maintenance & Repair 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 Akaaish Mechatronics Limited
The main business activity of Akaaish Mechatronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Akaaish Mechatronics Limited FY 2025 filings available
Akaaish Mechatronics Limited reported revenue of ₹37.53 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Akaaish Mechatronics Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 8% growth in the latest year. EBITDA rose 20% 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 Akaaish Mechatronics Limited
| 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 | ₹10.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.11 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 Akaaish Mechatronics Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.9% | •••• | •••• | •••• | •••• |
| 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 Akaaish Mechatronics are in the company report.
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 Akaaish Mechatronics Limited
Akaaish Mechatronics Limited is compared with the companies closest to it by revenue in the Engineering industry (Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ckee Engineering Private Limited | ₹38.33 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Tuticorin, Tamil Nadu, India |
| Reefer Care Services Private Limited | ₹38.23 Cr (FY 2018) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Db-Aire India Private Limited | ₹38.22 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Gurgaon, Haryana, India |
| Edf India Private Limited | ₹37.72 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Santelife Overseas Private Limited | ₹37.66 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Lucknow, Uttar Pradesh, India |
| Akaaish Mechatronics Limited this company | ₹37.53 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Vallabh Vidyanagar, Gujarat, India |
| Veritas Infratech Private Limited | ₹37.52 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Sinewave Power Technologies Private Limited | ₹36.49 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Libin Erectors Private Limited | ₹35.49 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Nagapattinam, Tamil Nadu, India |
| Akash Techno Engineers India Private Limited | ₹34.28 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Pro Visual Audio Private Limited | ₹33.98 Cr (FY 2015) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Akaaish Mechatronics by revenue in the Engineering industry (Maintenance Services), 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 Akaaish Mechatronics Limited
Akaaish Mechatronics Limited is audited by J.D. ZATAKIA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.D. ZATAKIA & 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 Akaaish Mechatronics Limited
Akaaish Mechatronics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinkumar Shah Also directs: Emtici Marketing LLP, Prayas Engineering Limited, Elecon Hydraulics Private Limited and 5 more | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Prayasvin Patel Also directs: Emtici Marketing LLP, Alemonia Life Sciences Limited Liability Partnership, Eimco Elecon (India ) Limited and 5 more | Director | 31 Mar 2001 | 25 Years 6 Months | Current |
| Akanksha Prayasvin Patel Also directs: Emtici Marketing LLP, Emtici Engineering Limited, Power Build Private Limited and 5 more | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Akaaish Mechatronics 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 Akaaish Mechatronics Limited
Akaaish Mechatronics Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Akaaish Mechatronics Limited
Akaaish Mechatronics Limited has 9 court cases on record: 9 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 0 |
Cases on record (3 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Suraj Bhan Asst. Commissioner of Incometax | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Shri Suraj Bhan Asst. Commissioner of Incometax | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Income Tax | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Akaaish Mechatronics Limited
Akaaish Mechatronics Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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 Akaaish Mechatronics Limited
Akaaish Mechatronics Limited has a workforce of 117 employees as of Apr 05, 2024.
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.
Name History of Akaaish Mechatronics Limited
Akaaish Mechatronics has undergone 2 name changes throughout its history. The company was previously known as B I Investments Limited, and B I Investments Private Limited. The current legal name is Akaaish Mechatronics Limited.
| Company Name | Status |
|---|---|
| Akaaish Mechatronics Limited | Current |
| B I Investments Limited | Previous |
| B I Investments Private Limited | Previous |
Recent Activity on Akaaish Mechatronics Limited
Akaaish Mechatronics Limited has 11 board changes on record since 1978: 7 appointments and 4 cessations. The latest: Aishwarya Prayasvin Patel ceased to be Director on 01 Apr 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Akaaish Mechatronics 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.
Subsidiaries & Group Companies of Akaaish Mechatronics 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 Akaaish Mechatronics Limited
Akaaish Mechatronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA5386J1ZI | 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 Akaaish Mechatronics 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 Akaaish Mechatronics Limited
Akaaish Mechatronics is an active public limited company based in Vallabh Vidyanagar, Gujarat, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 16 October 1978 (48+ years old) and is registered under CIN U65910GJ1978PLC003215.
Akaaish Mechatronics reported revenue of ₹37.53 Cr for FY 2025 (up 8% YoY).
Akaaish Mechatronics has 3 current directors:
- Ravinkumar Shah - Director
- Prayasvin Patel - Director
- Akanksha Prayasvin Patel - Director
Akaaish Mechatronics reported a net profit of ₹7.11 Cr (net margin 18.9%) and EBITDA of ₹10.58 Cr (EBITDA margin 28.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akaaish Mechatronics is 27% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akaaish Mechatronics is 24AAECA5386J1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Akaaish Mechatronics is U65910GJ1978PLC003215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akaaish Mechatronics has 9 court cases on record: 9 filed against it.
Akaaish Mechatronics was incorporated on 16 October 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Akaaish Mechatronics by revenue are Ckee Engineering Private Limited, Reefer Care Services Private Limited, Db-Aire India Private Limited, Edf India Private Limited, Santelife Overseas Private Limited and 5 more, all in the Engineering industry (Maintenance Services).
Aishwarya Prayasvin Patel ceased to be Director on 01 Apr 2025. Aishwarya Prayasvin Patel was appointed as Director on 01 Oct 2023. Akanksha Prayasvin Patel was appointed as Director on 01 Oct 2023. Akaaish Mechatronics has 11 board changes on record in total.
Akaaish Mechatronics has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 03 Jun 2020.