Akshaet Engineering and Construction Services Private Limited

Akshaet Engineering and Construction Services Private Limited - engineering in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U17100MH1998PTC115797 Incorporated 15 July 1998 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2020
₹22.13 Lakh
▼ 84% YoY
Net loss · FY 2020
₹8.39 Lakh
Net margin -37.9%
EBITDA · FY 2020
-₹8.15 Lakh
EBITDA margin -36.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹72.6 Lakh
Issued & subscribed
Open charges
₹8.35 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Employees · EPFO
11
Provident fund records

About Akshaet Engineering and Construction Services Private Limited

Data last updated:

Akshaet Engineering and Construction Services Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the geotechnical engineering and services segment of the engineering sector. It was incorporated on 15 July 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1998PTC115797. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹72.6 Lakh. It was formerly known as Akshaet Aluminium Private Limited. It is led by directors Akshaet Vijaykumar Goyal and Vijaykumar Goyal.

Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Godown No. 3 Ground Floor Parasnath Complex Building No. A – 15 Ovali Road Bhiwandi, Thane, Maharashtra, India – 421302.

As per the financials filed for FY 2020, the company reported a revenue of ₹22.13 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹8.39 Lakh (net margin -37.9%) and EBITDA of -₹8.15 Lakh (EBITDA margin -36.8%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 40% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹8.35 Cr on record. Court records list 11 cases involving the company, including 10 filed against it.

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

Company Details of Akshaet Engineering and Construction Services Private Limited
CIN U17100MH1998PTC115797
Registration Number 115797
Incorporation Date 15 July 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Godown No. 3 Ground Floor Parasnath Complex Building No. A – 15 Ovali Road Bhiwandi, Thane, Maharashtra, India – 421302
  • Industry
    Engineering, Geotechnical Engineering & Services
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Financials, compliance, directors, charges, ownership and filings for Akshaet Engineering and Construction Services Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Akshaet Engineering and Construction Services Private Limited FY 2025 filings available

Akshaet Engineering and Construction Services Private Limited reported revenue of ₹22.13 Lakh (down 84% YoY) for FY 2020.

Revenue · FY 2020
₹22.13 Lakh ▼ 84%
Net loss · FY 2020
₹8.39 Lakh margin -37.9%
EBITDA · FY 2020
-₹8.15 Lakh margin -36.8%

Compounded Annual Growth Rate (CAGR) of Akshaet Engineering and Construction Services Private Limited

Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 59%
5 years · compounded
▼ 40%

Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 84% 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 Akshaet Engineering and Construction Services Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations₹22.13 Lakh••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹8.15 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹8.39 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 Akshaet Engineering and Construction Services Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-36.8%••••••••••••••••
Net Profit Margin-37.9%••••••••••••••••
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 Akshaet Engineering and Construction Services are in the company report.

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Financial statements from 2015

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Auditor Details of Akshaet Engineering and Construction Services Private Limited

Akshaet Engineering and Construction Services Private Limited is audited by S.M. Bhat & Associates for the financial year 2018.

NameStatusAppointment DateCessation Date
S.M. Bhat & AssociatesLockedLockedLocked
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Board of Directors of Akshaet Engineering and Construction Services Private Limited

Akshaet Engineering and Construction Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akshaet Vijaykumar GoyalDirector01 Jun 200719 Years 4 MonthsCurrent
Vijaykumar GoyalDirector15 Jul 199828 Years 2 MonthsCurrent

Ownership and Shareholding of Akshaet Engineering and Construction Services Private Limited

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Charges & Borrowings of Akshaet Engineering and Construction Services Private Limited

Open charges
₹8.35 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of Hyderabad₹8.35 Cr
Latest charge details
DateLenderAmountStatus
19 Oct 2010State Bank of Hyderabad₹2.9 CrOpen
19 Oct 2010State Bank of Hyderabad₹4.85 CrOpen
17 Feb 2006State Bank of Hyderabad₹60 LakhOpen

Total charge records: 3 View all charges

Employees and EPFO Compliance at Akshaet Engineering and Construction Services Private Limited

Akshaet Engineering and Construction Services Private Limited has a workforce of 11 employees as of Mar 22, 2024.

Employee count
11
Active EPFO establishments
1
Employee growth
-42.11%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Akshaet Engineering and Construction Services Private Limited

Akshaet Engineering and Construction Services has one previous CIN (Corporate Identification Number): U27200MH1998PTC115797. The current CIN is U17100MH1998PTC115797, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17100MH1998PTC115797Current
U27200MH1998PTC115797Previous

Recent Activity on Akshaet Engineering and Construction Services Private Limited

Akshaet Engineering and Construction Services Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Rekha Vijaykumar Goyal ceased to be Director on 01 Aug 2012.

AGM
Akshaet Engineering And Construction Services Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Filing
Akshaet Engineering And Construction Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with State Bank Of Hyderabad of Rs. 485.00 Lakh registered on 19 Oct 2010 with Charge ID 10253085 was modified on 05 Sep 2014.
Ceased
Rekha Vijaykumar Goyal ceased to be Director.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 290.00 Lakh with Charge ID 10252932 was registered on 19 Oct 2010.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 485.00 Lakh with Charge ID 10253085 was registered on 19 Oct 2010.
Charges
A charge with State Bank Of Hyderabad of Rs. 60.00 Lakh registered on 17 Feb 2006 with Charge ID 80024616 was modified on 27 Dec 2009.
Appointed
Akshaet Vijaykumar Goyal was appointed as Director.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 60.00 Lakh with Charge ID 80024616 was registered on 17 Feb 2006.
Appointed
Vijaykumar Goyal was appointed as Director.
Incorporation
15 Jul 1998
Akshaet Engineering And Construction Services Private Limited was registered on 15 Jul 1998 with Roc Mumbai Ii & aged 28 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Akshaet Engineering and Construction Services Private Limited

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MSME Payment Delays by Akshaet Engineering and Construction Services Private Limited

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Subsidiaries & Group Companies of Akshaet Engineering and Construction Services Private Limited

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GST Compliance of Akshaet Engineering and Construction Services Private Limited

Akshaet Engineering and Construction Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Akshaet Engineering and Construction Services Private Limited

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MCA filings and documents

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Frequently Asked Questions about Akshaet Engineering and Construction Services Private Limited

Akshaet Engineering and Construction Services is an active private limited company based in Thane, Maharashtra, India. The company works in geotechnical engineering and services, within the engineering industry. It was incorporated on 15 July 1998 (28+ years old) and is registered under CIN U17100MH1998PTC115797.

Akshaet Engineering and Construction Services reported revenue of ₹22.13 Lakh for FY 2020 (down 84% YoY).

Akshaet Engineering and Construction Services has 2 current directors:

Akshaet Engineering and Construction Services reported a net loss of ₹8.39 Lakh (net margin -37.9%) and EBITDA of -₹8.15 Lakh (EBITDA margin -36.8%) for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Akshaet Engineering and Construction Services is -59% over three years and -40% over five years. In the latest year (FY 2020) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.

No. Akshaet Engineering and Construction Services has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Akshaet Engineering and Construction Services is U17100MH1998PTC115797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akshaet Engineering and Construction Services has 11 court cases on record: 10 filed against it. Most are in the district courts.

Akshaet Engineering and Construction Services was incorporated on 15 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Rekha Vijaykumar Goyal ceased to be Director on 01 Aug 2012. Akshaet Vijaykumar Goyal was appointed as Director on 01 Jun 2007. Vijaykumar Goyal was appointed as Director on 15 Jul 1998.

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