- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0016223

About Ashirwad Mechtech Private Limited
Data last updated:
Ashirwad Mechtech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 09 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2012PTC068965. Its GSTIN is 24AAKCA2456K1ZL (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Hiteshkumar Parasotamdas Patel and Niresh Popatlal Patel.
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 Plot No. 76 Tribhuvan Ind. Estate Opp. Road No. 11 Kathawada, Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.12 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹6.94 Lakh (net margin 1.4%) and EBITDA of ₹35.48 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.87 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Ashirwad Mechtech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0016223). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashirwadmechtech.com.
Company details
Recognitions & Rankings of Ashirwad Mechtech
Contact details
Ashirwad Mechtech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ashirwadmechtech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 76 Tribhuvan Ind. Estate Opp. Road No. 11 Kathawada, Ahmedabad, Gujarat, India – 382430
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Ashirwad Mechtech Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ashirwad Mechtech is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Ashirwad Mechtech Private Limited, buy the company report.
Financials of Ashirwad Mechtech Private Limited
FY 2025 filings availableAshirwad Mechtech Private Limited reported revenue of ₹5.12 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 13% 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 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 | ₹35.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.94 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Ashirwad Mechtech Private Limited, buy the company report.
Board of directors of Ashirwad Mechtech Private Limited
Ashirwad Mechtech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshkumar Parasotamdas Patel | Director | 09 Feb 2012 | 14 Years 9 Months | Current |
| Niresh Popatlal Patel | Director | 09 Feb 2012 | 14 Years 9 Months | Current |
| Bharatkumar Patel | Director | 09 Feb 2012 | 14 Years 9 Months | Current |
Auditor
Ashirwad Mechtech Private Limited is audited by M. R. Patel & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. R. Patel & Co. | FY 2016 |
Shareholding
The shareholding of Ashirwad Mechtech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashirwad Mechtech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2022 | 100584992 | Others | ₹2 Cr | Open | |
| 05 Jul 2018 | 100189936 | The Kalupur Commercial Co-Operative Bank Limited | ₹41.8 Lakh | Satisfied | |
| 01 Jul 2017 | 100110650 | Others | ₹17.5 Lakh | Satisfied | |
| 04 Apr 2013 | 10421213 | The Kalupur Commercial Co Op Bank Ltd | ₹15 Lakh | Satisfied | |
| 04 Apr 2013 | 10421219 | The Kalupur Commercial Co Op Bank Ltd | ₹22 Lakh | Satisfied |
To see the full charge records of Ashirwad Mechtech Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ashirwad Mechtech Private Limited has 1 court case on record: 1 filed by Ashirwad Mechtech. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Ashirwad Mechtech Private 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 Ashirwad Mechtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashirwad Mechtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA2456K1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashirwad Mechtech Private Limited, buy the company report.
Recent activity
Ashirwad Mechtech Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Manharkumar Patel ceased to be Director on 01 Apr 2022.
9 earlier events are in the company report.
Frequently asked questions
Ashirwad Mechtech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 09 February 2012 (14+ years old) and is registered under CIN U29100GJ2012PTC068965.
Ashirwad Mechtech has 3 current directors:
- Hiteshkumar Parasotamdas Patel - Director
- Niresh Popatlal Patel - Director
- Bharatkumar Patel - Director
The latest financial statements of Ashirwad Mechtech 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 Ashirwad Mechtech is 24AAKCA2456K1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashirwad Mechtech is U29100GJ2012PTC068965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashirwad Mechtech has 1 court case on record: 1 filed by the company.
Ashirwad Mechtech was incorporated on 09 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manharkumar Patel ceased to be Director on 01 Apr 2022. Prakashbhai Patel ceased to be Director on 01 Apr 2022. Pravinbhai Patel ceased to be Director on 01 Apr 2022. Ashirwad Mechtech has 6 board changes on record in total.
Yes, Ashirwad Mechtech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0016223).
Ashirwad Mechtech can be reached through the website ashirwadmechtech.com. Its registered office is in Ahmedabad, Gujarat, India.

