Asset Engineers Private Limited
About Asset Engineers Private Limited
Data last updated:
Asset Engineers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 14 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2005PTC021534. Its GSTIN is 27AAFCA6113J1ZS (Maharashtra).
The company has an authorised share capital of ₹1.41 Cr and a paid-up capital of ₹1.41 Cr. It is led by directors including Sujeet Sahebrao Mande and Sharvari Swapnil Mande.
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 Flat No. 1 Sayali Blossom Iti Road Sanewadi Aundh Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.67 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹60.72 Lakh (net margin 9.1%) and EBITDA of ₹2.42 Cr (EBITDA margin 36.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹7.57 Cr and satisfied charges of ₹55 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No. 1 Sayali Blossom Iti Road Sanewadi Aundh Pune, Maharashtra, India – 411007
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 of Asset Engineers Private Limited
The main business activity of Asset Engineers is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Asset Engineers Private Limited FY 2025 filings available
Asset Engineers Private Limited reported revenue of ₹6.67 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asset Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 25% growth in the latest year. EBITDA rose 179% 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 Asset Engineers Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60.72 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 Asset Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Asset Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Asset Engineers Private Limited
Asset Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Global Water Projects Private Limited | ₹6.74 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| Manish Machinery Private Limited | ₹6.71 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ahmemdabad, Gujarat, India |
| Asv Engineers Private Limited | ₹6.71 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Winjoy Technologies & Services Private Limited | ₹6.68 Cr (FY 2025) | •••• | •••• | 11029.0% | •••• | Khed, Maharashtra, India |
| Niket Udyog Ltd. | ₹6.67 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Asset Engineers Private Limited this company | ₹6.67 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Rostam Innovative Technologies Private Limited | ₹6.66 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Bengaluru, Karnataka, India |
| Merge Mechano Private Limited | ₹6.66 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Thrissur, Kerala, India |
| Recon Dies and Tools Pvt Ltd | ₹6.66 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Soham Surface Coatings Private Limited | ₹6.65 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Pune, Maharashtra, India |
| Elysium Digital Inovations Private Limited | ₹6.64 Cr (FY 2025) | •••• | •••• | 124.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Asset Engineers by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Asset Engineers Private Limited
Asset Engineers Private Limited is audited by CMRS AND ASSOCIATES CHARTERED ACCOUNTANTS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CMRS AND ASSOCIATES CHARTERED ACCOUNTANTS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Asset Engineers Private Limited
Asset Engineers has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujeet Sahebrao Mande | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Sharvari Swapnil Mande | Director | 27 Apr 2018 | 8 Years 5 Months | Current |
| Ankita Sujeet Mande | Director | 10 Feb 2020 | 6 Years 8 Months | Current |
| Swapnil Sahebrao Mande | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Lalita Sahebrao Mande | Director | 14 Nov 2005 | 20 Years 10 Months | Current |
Ownership and Shareholding of Asset Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asset Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2024 | Others | ₹40 Lakh | Open |
| 04 Dec 2012 | Others | ₹7.17 Cr | Open |
| 17 Mar 2006 | Central Bank of India Limited | ₹10 Lakh | Satisfied |
| 17 Mar 2006 | Central Bank of India Limited | ₹45 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Asset Engineers Private Limited
Employment history and EPFO contributions of people linked to Asset Engineers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asset Engineers Private Limited
Asset Engineers Private Limited has 11 board changes on record since 2005: 5 appointments and 6 cessations. The latest: Sujeet Sahebrao Mande was appointed as Director on 30 Nov 2021.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asset Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asset Engineers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asset Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asset Engineers Private Limited
Asset Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA6113J1ZS | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asset Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asset Engineers Private Limited
Asset Engineers is an active private limited company based in Pune, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 14 November 2005 (21+ years old) and is registered under CIN U29299PN2005PTC021534.
Asset Engineers reported revenue of ₹6.67 Cr for FY 2024 (up 25% YoY).
Asset Engineers has 5 current directors:
- Sujeet Sahebrao Mande - Director
- Sharvari Swapnil Mande - Director
- Ankita Sujeet Mande - Director
- Swapnil Sahebrao Mande - Director
- Lalita Sahebrao Mande - Director
Asset Engineers reported a net profit of ₹60.72 Lakh (net margin 9.1%) and EBITDA of ₹2.42 Cr (EBITDA margin 36.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asset Engineers is 12% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asset Engineers is 27AAFCA6113J1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asset Engineers is U29299PN2005PTC021534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asset Engineers was incorporated on 14 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Asset Engineers by revenue are Global Water Projects Private Limited, Manish Machinery Private Limited, Asv Engineers Private Limited, Winjoy Technologies & Services Private Limited, Niket Udyog Ltd. and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Sujeet Sahebrao Mande was appointed as Director on 30 Nov 2021. Swapnil Sahebrao Mande was appointed as Director on 30 Nov 2021. Ankita Sujeet Mande ceased to be Additional Director on 31 Dec 2020. Asset Engineers has 11 board changes on record in total.
The registered office of Asset Engineers is at Flat No. 1 Sayali Blossom Iti Road Sanewadi Aundh Pune, Maharashtra, India – 411007.