Ankit Equipments Private Limited

Ankit Equipments Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29150KA1996PTC021041 Incorporated 26 August 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2024
₹11.01 Cr
▲ 13% YoY
Net loss · FY 2024
₹22.93 Lakh
Net margin -2.1%
EBITDA · FY 2024
₹30.5 Lakh
EBITDA margin 2.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Employees · EPFO
18
Provident fund records
Directors on board
3
As per MCA filings

About Ankit Equipments Private Limited

Data last updated:

Ankit Equipments Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 26 August 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29150KA1996PTC021041. Its GSTIN is 29AACCA6453G1ZN (Karnataka). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Gopinathan Vellolil and Chandralayam Gopalakrishnan Sasidharan.

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 113D Bommasandra Industrial Area, Bangalore, Karnataka, India – 560099.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.01 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹22.93 Lakh (net margin -2.1%) and EBITDA of ₹30.5 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.

The company has about 18 employees on its provident fund (EPFO) records.

Court records list 4 cases involving the company, including 3 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 ankitequipment.wordpress.com.

Company Details of Ankit Equipments Private Limited
CIN U29150KA1996PTC021041
Registration Number 021041
Incorporation Date 26 August 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    113D Bommasandra Industrial Area, Bangalore, Karnataka, India – 560099
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment
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Financials, compliance, directors, charges, ownership and filings for Ankit Equipments Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Ankit Equipments Private Limited

The main business activity of Ankit Equipments 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
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Turnover share and past changes in activity are in the company report.

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Financials of Ankit Equipments Private Limited FY 2024 filings available

Ankit Equipments Private Limited reported revenue of ₹11.01 Cr (up 13% YoY) for FY 2024.

Revenue · FY 2024
₹11.01 Cr ▲ 13%
Net loss · FY 2024
₹22.93 Lakh margin -2.1%
EBITDA · FY 2024
₹30.5 Lakh margin 2.8%

Compounded Annual Growth Rate (CAGR) of Ankit Equipments Private Limited

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 22%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 327%
3 years · compounded
▲ 23%
5 years · compounded
▼ 9%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 13% growth in the latest year. EBITDA rose 327% 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 Ankit Equipments Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹30.5 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹22.93 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 Ankit Equipments Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.8%••••••••••••••••
Net Profit Margin-2.1%••••••••••••••••
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 Ankit Equipments are in the company report.

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Financial statements from 2015

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Peer Comparison of Ankit Equipments Private Limited

Ankit Equipments Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ace Engineering Technologies (India) Private Limited••••••••••••••••24Bangalore, Karnataka, India
Hark Engineers Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Century Fab Tech Private Limited••••••••••••••••-Bangalore, Karnataka, India
Micro Technocam Equipments Private Limited••••••••••••••••10New Delhi, Delhi, India
Energo Products Private Limited••••••••••••••••-New Delhi, Delhi, India
Ankit Equipments Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
Cogito Cranes Private Limited••••••••••••••••21Bengalore, Karnataka, India
Parul Engineering Private Limited••••••••••••••••-Pune, Maharashtra, India
Amtech Projects and Products Private Limited••••••••••••••••-Ludhiana, Punjab, India
Aegis Elevator Private Limited••••••••••••••••42Ahmedabad, Gujarat, India
Suyojan Hydromechanical Systems Private Limited••••••••••••••••-Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Ankit Equipments by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Ankit Equipments Private Limited

Ankit Equipments Private Limited is audited by Jayatheertha & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
Jayatheertha & Co.LockedLockedLocked
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Board of Directors of Ankit Equipments Private Limited

Ankit Equipments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gopinathan VellolilDirector26 Aug 199630 Years 1 MonthsCurrent
Chandralayam Gopalakrishnan SasidharanDirector26 Aug 199630 Years 1 MonthsCurrent
Birla Sekaran KalasamyDirector26 Aug 199630 Years 1 MonthsCurrent

Ownership and Shareholding of Ankit Equipments Private Limited

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Charges & Borrowings of Ankit Equipments Private Limited

Ankit Equipments Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Ankit Equipments Private Limited

Employment history and EPFO contributions of people linked to Ankit Equipments.

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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 Ankit Equipments Private Limited

Ankit Equipments Private Limited has 5 board changes on record since 1996: 4 appointments and 1 cessation. The latest: Hari Raju Madiraju ceased to be Director on 21 Mar 2020.

AGM
Ankit Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ankit Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Hari Raju Madiraju ceased to be Director.
Appointed
Hari Raju Madiraju was appointed as Director.
Appointed
Birla Sekaran Kalasamy was appointed as Director.
Appointed
Chandralayam Gopalakrishnan Sasidharan was appointed as Director.
Appointed
Gopinathan Vellolil was appointed as Director.
Incorporation
26 Aug 1996
Ankit Equipments Private Limited was registered on 26 Aug 1996 with Roc Bangalore & aged 30 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Ankit Equipments Private Limited

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MSME Payment Delays by Ankit Equipments Private Limited

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Subsidiaries & Group Companies of Ankit Equipments Private Limited

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GST Compliance of Ankit Equipments Private Limited

Ankit Equipments has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AACCA6453G1ZNKarnatakaActive01 Jul 2017
33AACCA6453G1ZYTamil NaduActive01 Jul 2017
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MCA Filings & Documents of Ankit Equipments Private Limited

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Frequently Asked Questions about Ankit Equipments Private Limited

Ankit Equipments is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 26 August 1996 (30+ years old) and is registered under CIN U29150KA1996PTC021041.

Ankit Equipments reported revenue of ₹11.01 Cr for FY 2024 (up 13% YoY).

Ankit Equipments has 3 current directors:

Ankit Equipments reported a net loss of ₹22.93 Lakh (net margin -2.1%) and EBITDA of ₹30.5 Lakh (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Ankit Equipments is 22% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Ankit Equipments is 29AACCA6453G1ZN, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AACCA6453G1ZY (Tamil Nadu).

The CIN (Corporate Identification Number) of Ankit Equipments is U29150KA1996PTC021041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ankit Equipments has 4 court cases on record: 3 filed against it.

Ankit Equipments was incorporated on 26 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Ankit Equipments by revenue are Ace Engineering Technologies (India) Private Limited, Hark Engineers Private Limited, Century Fab Tech Private Limited, Micro Technocam Equipments Private Limited, Energo Products Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).

Hari Raju Madiraju ceased to be Director on 21 Mar 2020. Hari Raju Madiraju was appointed as Director on 01 Sep 1998. Birla Sekaran Kalasamy was appointed as Director on 26 Aug 1996. Ankit Equipments has 5 board changes on record in total.

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