Chavare Engineering Private Limited

Chavare Engineering Private Limited - information technology in Dombivli, Maharashtra, India. FY 2026 financials & compliance.
CIN U29100MH1996PTC100426 Incorporated 21 June 1996 ROC Mumbai HQ Dombivli, Maharashtra, India
Active Private Limited Company information technology
Revenue · FY 2025
₹95.52 Cr
▲ 2% YoY
Net profit · FY 2025
₹7.81 Cr
Net margin 8.2%
EBITDA · FY 2025
₹11.24 Cr
EBITDA margin 11.8%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹22.6 Cr
Satisfied ₹60.96 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
104
Provident fund records

About Chavare Engineering Private Limited

Data last updated:

Chavare Engineering Private Limited is a private limited company based in Dombivli, Maharashtra, India, a subsidiary of Sfc Environmental Technologies Private Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 21 June 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH1996PTC100426. Its GSTIN is 27AAACC7062R1Z5 (Maharashtra).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Sanjay Ratnakar Chavare (Whole-Time Director) and Rajesh Ratnakar Chavare (Whole-Time Director).

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. Ts – 19 Sagaon Ph Manpada Road Sagaon (N.V.), Dombivli, Maharashtra, India – 421204.

As per the financials filed for FY 2025, the company reported a revenue of ₹95.52 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.81 Cr (net margin 8.2%) and EBITDA of ₹11.24 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.

The company has about 104 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Chavare Engineering. As per MCA filings, the company has open charges of ₹22.6 Cr and satisfied charges of ₹60.96 Cr on record. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹8.16 Cr; the latest was in March 2024. Its 3 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Rakon India Private Limited with revenue of ₹96.03 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 31 overdue payments to 18 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chavare.com.

Company details

CIN U29100MH1996PTC100426
Registration Number 100426
Incorporation Date 21 June 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Sfc Environmental Technologies Private Limited
Compliance Status Active Compliant

Contact details

Chavare Engineering Private Limited's registered office is in Dombivli, Maharashtra. Its website is chavare.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. Ts – 19 Sagaon Ph Manpada Road Sagaon (N.V.), Dombivli, Maharashtra, India – 421204
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Chavare Engineering Private Limited, buy the company report.

Comprehensive company report
Chavare Engineering Private 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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Brands

Chavare Engineering operates one associated brand: Chavare Engineering. Each brand links to its own profile.

BrandDescriptionWebsite
Engineering solutions in control panels and automation systems for industrial sectors in India.chavare.com

Business activity

The main business activities of Chavare Engineering are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Chavare Engineering Private Limited, buy the company report.

Financials of Chavare Engineering Private Limited

FY 2025 filings available

Chavare Engineering Private Limited reported revenue of ₹95.52 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹95.52 Cr ▲ 2%
Net profit · FY 2025
₹7.81 Cr margin 8.2%
EBITDA · FY 2025
₹11.24 Cr margin 11.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 16%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 87%
3 years · compounded
▲ 82%
5 years · compounded
▲ 33%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 2% growth in the latest year. EBITDA rose 87% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹11.24 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.81 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.8%
Net Profit Margin8.2%
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 Chavare Engineering Private Limited, buy the company report.

Board of directors of Chavare Engineering Private Limited

Chavare Engineering has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay Ratnakar ChavareWhole-Time Director21 Jun 199630 Years 4 MonthsCurrent
Rajesh Ratnakar ChavareWhole-Time Director21 Jun 199630 Years 4 MonthsCurrent
Sarvesh Kumar GargDirector19 Jun 20251 Years 4 MonthsCurrent

Peer comparison

Chavare Engineering Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rakon India Private Limited₹96.03 Cr (FY 2025)-34.0%Devanahalli, Karnataka, India
Chavare Engineering Private Limitedthis company₹95.52 Cr (FY 2025)₹7.81 Cr8.2%2.0%104Dombivli, Maharashtra, India
Surbhi Satcom Private Limited₹95.43 Cr (FY 2025)-22.0%Delhi, India
Adarsha Control & Automation Private Limited₹94.96 Cr (FY 2024)53.0%Bangalore, Karnataka, India

To see the full peer comparison of Chavare Engineering Private Limited, buy the company report.

Auditor

Chavare Engineering Private Limited is audited by Bhat, Kelkar & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Bhat, Kelkar & CoFY 2023101285W

Shareholding

The shareholding of Chavare Engineering Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Chavare Engineering Private Limited, buy the company report.

Charges & borrowings

Open charges
₹22.6 Cr
Satisfied charges
₹60.96 Cr
Breakdown by lending institutions
Others₹22.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Oct 2024101040093Others₹30 LakhOpen
19 Oct 2024101040095Others₹30 LakhOpen
12 Apr 2022100567028Others₹22 CrOpen
10 Aug 201510589024Idbi Bank Limited₹16 CrSatisfied
18 Nov 201410589595Idbi Bank Limited₹16 CrSatisfied

To see the full charge records of Chavare Engineering Private Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Chavare Engineering Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹8.16 Cr; the latest was in March 2024.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹8.16 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2011Funding round₹8.16 CrInvestors: SFC Environmental Technologies Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Chavare Engineering Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 31 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 18)

SupplierAmount dueDue sinceReported on
an individual supplier
Shavison Electronics Private Limited
Vashi Integrated Solutions Limited
Nilesh Enterprise
Smisen Controls Private Limited

To see the full MSME payment records of Chavare Engineering Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Chavare Engineering has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Joint ventures

Employees & EPFO

Chavare Engineering Private Limited has a workforce of 104 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
104
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27104
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Chavare Engineering Private Limited, buy the company report.

GST

Chavare Engineering has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACC7062R1Z5MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Chavare Engineering Private Limited, buy the company report.

Recent activity

Chavare Engineering Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Sarvesh Kumar Garg was appointed as Director on 19 Jun 2025.

AGM
Chavare Engineering Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Appointed
Sarvesh Kumar Garg was appointed as Director.
Filing
Chavare Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101040093 was registered on 19 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101040095 was registered on 19 Oct 2024.
Charges
A charge with Others of Rs. 22.00 Cr registered on 12 Apr 2022 with Charge ID 100567028 was modified on 19 Apr 2023.
Charges
A charge registered on 10 Aug 2015 via Charge ID 10589024 with Idbi Bank Limited was fully satisfied on 04 Oct 2022.
Charges
A charge registered on 18 Nov 2014 via Charge ID 10589595 with Idbi Bank Limited was fully satisfied on 04 Oct 2022.
Charges
A charge with Others amounted to Rs. 22.00 Cr with Charge ID 100567028 was registered on 12 Apr 2022.
Charges
A charge with Idbi Bank Limited amounted to Rs. 16.00 Cr with Charge ID 10589024 was registered on 10 Aug 2015.
Charges
A charge registered on 07 Mar 2013 via Charge ID 10415978 with Bank Of India was fully satisfied on 20 Jul 2015.
Charges
A charge registered on 26 Dec 2012 via Charge ID 10401424 with Bank Of India was fully satisfied on 20 Jul 2015.

22 earlier events are in the company report.

Frequently asked questions

Chavare Engineering is an active private limited company based in Dombivli, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 21 June 1996 (30+ years old) and is registered under CIN U29100MH1996PTC100426.

Chavare Engineering has 3 current directors:

The latest financial statements of Chavare Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Chavare Engineering is 27AAACC7062R1Z5, registered in Maharashtra.

The CIN (Corporate Identification Number) of Chavare Engineering is U29100MH1996PTC100426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chavare Engineering was incorporated on 21 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.

Chavare Engineering has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹8.16 Cr; the latest was in March 2024.

The peers of Chavare Engineering by revenue are Rakon India Private Limited, Surbhi Satcom Private Limited, Adarsha Control & Automation Private Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Sarvesh Kumar Garg was appointed as Director on 19 Jun 2025. Rajesh Ratnakar Chavare was appointed as Whole-Time Director on 21 Jun 1996. Sanjay Ratnakar Chavare was appointed as Whole-Time Director on 21 Jun 1996.

Chavare Engineering has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 31 overdue payments to 18 micro and small suppliers. The latest return was filed on 09 Jun 2019.

Chavare Engineering can be reached through the website chavare.com. Its registered office is in Dombivli, Maharashtra, India.

The registered office of Chavare Engineering is at Plot No. Ts – 19 Sagaon Ph Manpada Road Sagaon N.V., Dombivli, Maharashtra, India – 421204.