About Liftech Solutions
Liftech Solutions is a Natural Resources company based in India. It operates as an industrial material handling equipment and support services in India. It operates in the Natural Resources and Industrial Goods & Manufacturing sectors. Its Indian entity Liftech Solutions India Private Limited reported revenue of ₹9.89 Cr. Liftech Solutions offers products and services including Electric Wire Rope Hoists and Pallet Trucks. Its focus areas include Construction, Equipment, Lifting Solutions and Aerial Platforms.
Company details
Industrial material handling products are provided by Liftech Solutions, encompassing electric hoists, cranes, pallet trucks, and aerial work platforms. These products are designed for specialized applications in sectors such as foundry and cement plants, with solutions supplied to more than 13 countries. Operations are maintained across 9 locations in India, and technical support is offered for various industry verticals including automobile and construction. Products have been utilized in general engineering and pharma, ensuring reliability in diverse environments.
- Headquarters India
- SectorsNatural ResourcesIndustrial Goods & Manufacturing
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- Legal Name Liftech Solutions India Private Limited
- Date of Incorporation 14 Dec, 2020
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹9.89 Cr
FY 2024 · +106% YoY
- Net Profit₹14.2 Lakh
FY 2024 · 1% margin
- EBITDA₹32.5 Lakh
FY 2024 · 3% margin
Associated legal entities of Liftech Solutions
Liftech Solutions operates through Liftech Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Liftech Solutions India Private Limited CIN U29222PN2020PTC196818 | Active | 14 Dec 2020 | Pune, Maharashtra | ₹9.9 Cr | 15 | 3 | View details |
Products & Services of Liftech Solutions
Liftech Solutions offers a comprehensive portfolio of products and services, including Electric Wire Rope Hoists and Pallet Trucks.
These are utilized for lifting operations in industrial settings, with modifications made for specific applications.
These are employed for moving and stacking materials in warehouses and factories, including hydraulic and electric variants.
Apps and channels of Liftech Solutions
its YouTube channel Liftech Solutions has 0026 subscribers.
Board of directors of Liftech Solutions India Private Limited (Liftech Solutions)
Liftech Solutions India Private Limited is the primary company behind Liftech Solutions. The board of Liftech Solutions India Private Limited currently have 3 directors; the longest-serving is Prafulla Suresh Wani, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prafulla Suresh Wani DIN 08994591 | Director | 14 Dec 2020 | 5 yrs 10 mo | Liftech Solutions India Private Limited |
| Jeevan Vishwanath Patil DIN 08994590 | Director | 14 Dec 2020 | 5 yrs 10 mo | Liftech Solutions India Private Limited |
| Jayant Vinayak Karmarkar DIN 07134502 | Director | 10 Jun 2023 | 3 yrs 4 mo | Liftech Solutions India Private Limited |
Financials of Liftech Solutions
Figures of Liftech Solutions India Private Limited, the primary company behind Liftech Solutions, for FY 2024. Revenue was ₹9.89 Cr (+106% year on year). Net profit was ₹14.2 Lakh (1% margin). EBITDA was ₹32.5 Lakh (3% margin).
- ₹9.89 CrRevenue · FY 2024 · +106% YoY
- ₹14.2 LakhNet profit · 1% margin
- ₹32.5 LakhEBITDA · 3% margin
- ₹50 LakhPaid-up capital
- 15Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Liftech Solutions India Private Limited are on its company page.
Detailed financial statements for Liftech Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Mining Equipment
10 companies that operate in the same segment as Liftech Solutions (Mining Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mining and construction equipment tools are manufactured and supplied. | 1862 | Stockholm, Sweden | – | – | – | |
Provider of explosives, blasting systems, mining chemicals, and geotechnical monitoring products | 1874 | Melbourne, Victoria, Australia | – | USD 5.38 B | 14,000 | |
Machinery and services for multiple industries are supplied by Metso. | 1999 | Helsinki, Finland | – | USD 387.01 M | – | |
Manufacturer of engineered products and services provider | 1871 | Glasgow, Scotland, United Kingdom | – | USD 3.45 B | 11,869 | |
Commercial equipment financing and leasing solutions are provided across industries. | 2004 | Charlotte, North Carolina, United States | USD 18.9 M | – | – | |
Lifting equipment is provided to a wide range of industries. | 1910 | Hyvinkaa, Uusimaa, Finland | – | USD 4.92 B | 16,500 | |
Produces heavy machinery like excavators and cranes for construction and mining projects. | 2002 | Pune, Maharashtra, India | – | USD 739.01 M | 760 | |
Bulk material handling and mineral processing systems are manufactured. | 1947 | Chennai, Tamil Nadu, India | – | USD 67.25 M | 2,310 | |
Wear-resistant parts for mining and cement industries are manufactured. | 1979 | Ahmedabad, Gujarat, India | – | USD 465.45 M | 3,690 | |
Drilling equipment and ground penetrating radar services are provided. | 2020 | Mississauga, Ontario, Canada | USD 8.5 M | – | – |
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Frequently Asked Questions about Liftech Solutions
Liftech Solutions is headquartered in India.
The primary company behind Liftech Solutions, Liftech Solutions India Private Limited, reported revenue of ₹9.89 Cr for FY 2024, up 106% year on year.
Industrial material handling products are provided by Liftech Solutions, encompassing electric hoists, cranes, pallet trucks, and aerial work platforms. These products are designed for specialized applications in sectors such as foundry and cement plants, with solutions supplied to more than 13 countries. Operations are maintained across 9 locations in India, and technical support is offered for various industry verticals including automobile and construction. Products have been utilized in general engineering and pharma, ensuring reliability in diverse environments.
Liftech Solutions offers Electric Wire Rope Hoists and Pallet Trucks.
Liftech Solutions operates through Liftech Solutions India Private Limited.
The legal entities of Liftech Solutions currently have 3 directors, including Jayant Vinayak Karmarkar, Prafulla Suresh Wani, Jeevan Vishwanath Patil.