Api-Gulf Engineering India Private Limited

Api-Gulf Engineering India Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2016PTC286297 Incorporated 27 September 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company engineering MSME · Small
Data last updated
Revenue · FY 2025
₹19.19 Cr
▼ 14% YoY
Net profit · FY 2025
₹92.3 Lakh
Net margin 4.8%
EBITDA · FY 2025
₹2.44 Cr
EBITDA margin 12.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.8 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
21
Provident fund records

About Api-Gulf Engineering India Private Limited

Data last updated:

Api-Gulf Engineering India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 27 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC286297. Its GSTIN is 27AAGCG8362C1ZL (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Gulf Automation Tech Private Limited. It is led by directors Sunil Ramdas Nagvekar and Sandesh Ravindranath Hegishte.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.19 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹92.3 Lakh (net margin 4.8%) and EBITDA of ₹2.44 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 79% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹4.8 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.

Api-Gulf Engineering India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0115131). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999MH2016PTC286297
Registration Number 286297
Incorporation Date 27 September 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0115131

Recognitions & Rankings of Api-Gulf Engineering India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0115131

Contact details

Api-Gulf Engineering India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B/402 Western Edge – II Village Magathane W.E. Highway Nr.Metro Mall Borivali (E, Ast), Mumbai, Maharashtra, India – 400066
  • Industry
    Engineering, Engineering Design & Consultancy

To see the full contact details of Api-Gulf Engineering India Private Limited, buy the company report.

Comprehensive company report
Api-Gulf Engineering 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
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Business activity

The main business activity of Api-Gulf Engineering India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Api-Gulf Engineering India Private Limited, buy the company report.

Financials of Api-Gulf Engineering India Private Limited

FY 2024 filings available

Api-Gulf Engineering India Private Limited reported revenue of ₹19.19 Cr (down 14% YoY) for FY 2025.

Revenue · FY 2025
₹19.19 Cr ▼ 14%
Net profit · FY 2025
₹92.3 Lakh margin 4.8%
EBITDA · FY 2025
₹2.44 Cr margin 12.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 28%
5 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 38%
5 years · compounded
▲ 105%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 79%. EBITDA fell 14% 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

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₹2.44 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹92.3 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.7%
Net Profit Margin4.8%
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

To see the full financial statements and ratios of Api-Gulf Engineering India Private Limited, buy the company report.

Board of directors of Api-Gulf Engineering India Private Limited

Api-Gulf Engineering India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunil Ramdas NagvekarDirector27 Sep 201610 Years 0 MonthsCurrent
Sandesh Ravindranath HegishteAdditional Director16 Apr 20188 Years 6 MonthsCurrent

Peer comparison

Api-Gulf Engineering India Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Enoia Babcock Borsig Private Limited₹19.34 Cr (FY 2025)11.0%Chennai, Tamil Nadu, India
Api-Gulf Engineering India Private Limitedthis company₹19.19 Cr (FY 2025)₹92.3 Lakh4.8%-14.0%21Mumbai, Maharashtra, India
National Contracting Company India Private Limited₹19.07 Cr (FY 2025)2.0%Chennai, Tamil Nadu, India
Green Tech Engineering Systems Private Limited₹19.01 Cr (FY 2024)45.0%Hyderabad, Telangana, India

To see the full peer comparison of Api-Gulf Engineering India Private Limited, buy the company report.

Auditor

Api-Gulf Engineering India Private Limited is audited by S. V. GINDE & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S. V. GINDE & COFY 2023103193W

Shareholding

The shareholding of Api-Gulf Engineering India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Api-Gulf Engineering India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Feb 2024100892848Others₹30 LakhOpen
05 Aug 2022100622478Others₹4.5 CrOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Api-Gulf Engineering India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Api-Gulf Engineering India Private Limited has a workforce of 21 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
31.25%

GST

Api-Gulf Engineering India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAGCG8362C1ZLMaharashtraActive15 Nov 2018
23AAGCG8362C1ZTMadhya PradeshActive01 Feb 2024

To see the full GST registrations and return filing status of Api-Gulf Engineering India Private Limited, buy the company report.

Recent activity

Api-Gulf Engineering India Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Amit Dinkar Kamat ceased to be Director on 03 Mar 2025.

Ceased
Amit Dinkar Kamat ceased to be Director.
AGM
Api-Gulf Engineering India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Api-Gulf Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100892848 was registered on 05 Feb 2024.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 100622478 was registered on 05 Aug 2022.
Ceased
Pradnya Atul Purandare ceased to be Additional Director.
Ceased
Sneha Sunil Nagvekar ceased to be Director.
Appointed
Sandesh Ravindranath Hegishte was appointed as Additional Director.
Appointed
Sunil Ramdas Nagvekar was appointed as Director.
Incorporation
27 Sep 2016
Api-Gulf Engineering India Private Limited was registered on 27 Sep 2016 with Roc Mumbai & aged 10 years 28 days as per MCA records.

Frequently asked questions

Api-Gulf Engineering India is an active private limited company based in Mumbai, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 27 September 2016 (10+ years old) and is registered under CIN U74999MH2016PTC286297.

Api-Gulf Engineering India has 2 current directors:

The latest financial statements of Api-Gulf Engineering India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Api-Gulf Engineering India is 27AAGCG8362C1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAGCG8362C1ZT (Madhya Pradesh).

The CIN (Corporate Identification Number) of Api-Gulf Engineering India is U74999MH2016PTC286297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Api-Gulf Engineering India has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.

Api-Gulf Engineering India was incorporated on 27 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Api-Gulf Engineering India by revenue are Enoia Babcock Borsig Private Limited, National Contracting Company India Private Limited, Green Tech Engineering Systems Private Limited, all in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities).

Amit Dinkar Kamat ceased to be Director on 03 Mar 2025. Pradnya Atul Purandare ceased to be Additional Director on 15 Jun 2022. Sneha Sunil Nagvekar ceased to be Director on 15 Jun 2022. Api-Gulf Engineering India has 5 board changes on record in total.

Yes, Api-Gulf Engineering India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0115131).

The registered office of Api-Gulf Engineering India is at B402 Western Edge – II Village Magathane W.E. Highway Nr.Metro Mall Borivali E, Ast, Mumbai, Maharashtra, India – 400066.