MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0004204
Armec Cooling System Limited
Armec Cooling System Limited - consumer electronics & durables in Sanand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.74 Cr
▲ 18% YoY
Net profit · FY 2024
₹26.91 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹92.86 Lakh
EBITDA margin 2.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.74 Lakh
Issued & subscribed
Open charges
₹6.3 Cr
Secured borrowings
Company age
38 yrs
Est. 1988
Directors on board
6
As per MCA filings
About Armec Cooling System Limited
Data last updated:
Armec Cooling System Limited is a public limited company based in Sanand, Gujarat, India. It operates in the white goods retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63022GJ1988PLC010728. Its GSTIN is 24AAACA9720G1ZZ (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.74 Lakh. It is led by directors including Dinesh Devjibhai Harani and Dharav Manubhai Maheshwari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 Panchratna Industrial Estate Sarkhej – Bavla Road Opp.Kishan Cold Storage Changoder, Sanand, Gujarat, India – 382213.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.74 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹26.91 Lakh (net margin 0.8%) and EBITDA of ₹92.86 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 159% over five years.
As per MCA filings, the company has open charges of ₹6.3 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Armec Cooling System Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0004204). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U63022GJ1988PLC010728
Registration Number 010728
Incorporation Date 20 May 1988
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0004204
CIN history
Armec Cooling System has one previous CIN (Corporate Identification Number): U63022GJ1988PTC010728. The current CIN is U63022GJ1988PLC010728, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63022GJ1988PLC010728 | Current |
| U63022GJ1988PTC010728 | Previous |
Key People
Dinesh Devjibhai Harani Director Dharav Manubhai Maheshwari Director Jimi Manubhai Harani Director Recognitions & Rankings of Armec Cooling System
Contact details
Armec Cooling System Limited's registered office is in Sanand, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Panchratna Industrial Estate Sarkhej – Bavla Road Opp.Kishan Cold Storage Changoder, Sanand, Gujarat, India – 382213
- IndustryConsumer Electronics & Durables, White Goods Retail & Distribution
To see the full contact details of Armec Cooling System Limited, buy the company report.
Comprehensive company report
Armec Cooling System 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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Secure checkout · GST invoice included
Business activity
The main business activity of Armec Cooling System is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Armec Cooling System Limited, buy the company report.
Financials of Armec Cooling System Limited
FY 2025 filings availableArmec Cooling System Limited reported revenue of ₹35.74 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹35.74 Cr ▲ 18%
Net profit · FY 2024
₹26.91 Lakh margin 0.8%
EBITDA · FY 2024
₹92.86 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 85%
5 years · compounded
▲ 159%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 71%
5 years · compounded
▲ 94%
Revenue has grown at a compounded annual rate (CAGR) of 159% over five years, including 18% growth in the latest year. EBITDA fell 18% 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
| 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹92.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.91 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Armec Cooling System Limited, buy the company report.
Board of directors of Armec Cooling System Limited
Armec Cooling System has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Devjibhai Harani | Director | 12 Jun 1994 | 32 Years 4 Months | Current |
| Dharav Manubhai Maheshwari | Director | 01 Mar 2012 | 14 Years 7 Months | Current |
| Jimi Manubhai Harani Also directs: Silent Cooling Systems Private Limited | Director | 10 Jul 2020 | 6 Years 3 Months | Current |
| Manubhai Devjibhai Harani | Director | 20 May 1998 | 28 Years 5 Months | Current |
| Sonam Dharav Maheshwari Also directs: Armec Ice & Cold Storage Private Limited | Director | 01 May 2014 | 12 Years 5 Months | Current |
| Hansaben Manubhai Harani Also directs: Armec Ice & Cold Storage Private Limited | Director | 14 Aug 2006 | 20 Years 2 Months | Current |
Peer comparison
Armec Cooling System Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Colt Equipments Private Limited | ₹36.05 Cr (FY 2025) | 41.0% | Delhi, India | |||
| Armec Cooling System Limitedthis company | ₹35.74 Cr (FY 2024) | ₹26.91 Lakh | 0.8% | 18.0% | Sanand, Gujarat, India | |
| International Coil Limited | ₹34.64 Cr (FY 2019) | -43.0% | New Delhi, Delhi, India | |||
| Dustech Engineers Private Limited | ₹34.51 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India |
To see the full peer comparison of Armec Cooling System Limited, buy the company report.
Auditor
Armec Cooling System Limited is audited by KRUTESH PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRUTESH PATEL & ASSOCIATES | FY 2023 | 100865W |
Shareholding
The shareholding of Armec Cooling System 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Armec Cooling System Limited, buy the company report.
Charges & borrowings
Open charges
₹6.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2024 | 100870277 | Others | ₹1.25 Cr | Open | |
| 04 Feb 2021 | 100423590 | Others | ₹5.05 Cr | Open |
To see the full charge records of Armec Cooling System Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Armec Cooling System Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
To see the full case history of Armec Cooling System Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Armec Cooling System Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Armec Cooling System has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACA9720G1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Armec Cooling System Limited, buy the company report.
Recent activity
Armec Cooling System Limited has 6 board changes on record since 1994: 6 appointments. The latest: Jimi Manubhai Harani was appointed as Director on 10 Jul 2020.
AGM
Armec Cooling System Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Armec Cooling System Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 125.00 Lakh with Charge ID 100870277 was registered on 08 Feb 2024.
Charges
A charge with Others of Rs. 505.00 Lakh registered on 04 Feb 2021 with Charge ID 100423590 was modified on 27 Apr 2023.
Charges
A charge with Others amounted to Rs. 505.00 Lakh with Charge ID 100423590 was registered on 04 Feb 2021.
Appointed
Jimi Manubhai Harani was appointed as Director.
Appointed
Sonam Dharav Maheshwari was appointed as Director.
Appointed
Dharav Manubhai Maheshwari was appointed as Director.
Appointed
Hansaben Manubhai Harani was appointed as Director.
Appointed
Manubhai Devjibhai Harani was appointed as Director.
Appointed
Dinesh Devjibhai Harani was appointed as Director.
Incorporation
20 May 1988
Armec Cooling System Limited was registered on 20 May 1988 with Roc Ahmedabad & aged 38 years 5 months as per MCA records.
Frequently asked questions
Armec Cooling System is an active public limited company based in Sanand, Gujarat, India. The company works in white goods retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 May 1988 (38+ years old) and is registered under CIN U63022GJ1988PLC010728.
Armec Cooling System has 6 current directors:
- Dinesh Devjibhai Harani - Director
- Dharav Manubhai Maheshwari - Director
- Jimi Manubhai Harani - Director
- Manubhai Devjibhai Harani - Director
- Sonam Dharav Maheshwari - Director
- Hansaben Manubhai Harani - Director
The latest financial statements of Armec Cooling System on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Armec Cooling System is 24AAACA9720G1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Armec Cooling System is U63022GJ1988PLC010728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armec Cooling System has 1 court case on record: 1 filed against it.
Armec Cooling System was incorporated on 20 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Armec Cooling System by revenue are Colt Equipments Private Limited, International Coil Limited, Dustech Engineers Private Limited, all in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jimi Manubhai Harani was appointed as Director on 10 Jul 2020. Sonam Dharav Maheshwari was appointed as Director on 01 May 2014. Dharav Manubhai Maheshwari was appointed as Director on 01 Mar 2012. Armec Cooling System has 6 board changes on record in total.
Yes, Armec Cooling System is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0004204).
The registered office of Armec Cooling System is at 3 Panchratna Industrial Estate Sarkhej – Bavla Road Opp.Kishan Cold Storage Changoder, Sanand, Gujarat, India – 382213.