
Avani Piling Equipments Private Limited
About Avani Piling Equipments Private Limited
Data last updated:
Avani Piling Equipments Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 30 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28930MH1996PTC103630. Its GSTIN is 27AADCA3921A1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors including Hardik Hasmukh Sheth and Hasmukh Manilal Sheth.
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 A 334 MIDC Thane Belapur Road Mahpe, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.54 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹34.29 Lakh (net margin 44.8%) and EBITDA of ₹41.51 Lakh (EBITDA margin 54.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Avani Piling Equipments has one previous CIN (Corporate Identification Number): U28930MH2004PTC103630. The current CIN is U28930MH1996PTC103630, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28930MH1996PTC103630 | Current |
| U28930MH2004PTC103630 | Previous |
Contact details
Avani Piling Equipments Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No A 334 MIDC Thane Belapur Road Mahpe, Navi Mumbai, Maharashtra, India – 400701
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Avani Piling Equipments 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 Avani Piling Equipments is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Avani Piling Equipments Private Limited, buy the company report.
Financials of Avani Piling Equipments Private Limited
FY 2025 filings availableAvani Piling Equipments Private Limited reported revenue of ₹76.54 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 7% growth in the latest year. EBITDA rose 22% 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 | ₹41.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.29 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 | 54.2% | ||||
| Net Profit Margin | 44.8% | ||||
| 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 Avani Piling Equipments Private Limited, buy the company report.
Board of directors of Avani Piling Equipments Private Limited
Avani Piling Equipments has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Hasmukh Sheth | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
| Hasmukh Manilal Sheth | Director | 30 Sep 1996 | 30 Years 1 Months | Current |
| Avani Hasmukh Sheth | Director | 27 Oct 2000 | 26 Years 0 Months | Current |
| Smita Shrikant Tamhane | Director | 15 Jun 2006 | 20 Years 4 Months | Current |
Auditor
Avani Piling Equipments Private Limited is audited by T. M. GOSHER & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. M. GOSHER & ASSOCIATES | FY 2022 | 103345W |
Shareholding
The shareholding of Avani Piling Equipments Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avani Piling Equipments Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avani Piling Equipments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avani Piling Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avani Piling Equipments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA3921A1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avani Piling Equipments Private Limited, buy the company report.
Recent activity
Avani Piling Equipments Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Hardik Hasmukh Sheth ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Avani Piling Equipments is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 30 September 1996 (30+ years old) and is registered under CIN U28930MH1996PTC103630.
Avani Piling Equipments has 4 current directors:
- Hardik Hasmukh Sheth - Director
- Hasmukh Manilal Sheth - Director
- Avani Hasmukh Sheth - Director
- Smita Shrikant Tamhane - Director
The latest financial statements of Avani Piling Equipments 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 Avani Piling Equipments is 27AADCA3921A1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avani Piling Equipments is U28930MH1996PTC103630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avani Piling Equipments was incorporated on 30 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Hardik Hasmukh Sheth ceased to be Additional Director on 29 Sep 2024. Hardik Hasmukh Sheth was appointed as Director on 29 Feb 2024. Meetaben Hashmukhlal Sheth ceased to be Director on 01 Aug 2018. Avani Piling Equipments has 7 board changes on record in total.
The registered office of Avani Piling Equipments is at Plot No A 334 MIDC Thane Belapur Road Mahpe, Navi Mumbai, Maharashtra, India – 400701.
Avani Piling Equipments operates in the financial services industry, in the real estate financing segment.
The compliance status of Avani Piling Equipments is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.

