
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
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
- Website
- Registered AddressPlot No. Ts – 19 Sagaon Ph Manpada Road Sagaon (N.V.), Dombivli, Maharashtra, India – 421204
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Chavare Engineering 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
Brands
Chavare Engineering operates one associated brand: Chavare Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| M | Professional, Scientific and Technical | M4 | Architecture, 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 availableChavare Engineering Private Limited reported revenue of ₹95.52 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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 | ₹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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 8.2% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Ratnakar Chavare | Whole-Time Director | 21 Jun 1996 | 30 Years 4 Months | Current |
| Rajesh Ratnakar Chavare | Whole-Time Director | 21 Jun 1996 | 30 Years 4 Months | Current |
| Sarvesh Kumar Garg | Director | 19 Jun 2025 | 1 Years 4 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 8.2% | 2.0% | 104 | Dombivli, 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 firm | Financial year | Firm registration number |
|---|---|---|
| Bhat, Kelkar & Co | FY 2023 | 101285W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2024 | 101040093 | Others | ₹30 Lakh | Open | |
| 19 Oct 2024 | 101040095 | Others | ₹30 Lakh | Open | |
| 12 Apr 2022 | 100567028 | Others | ₹22 Cr | Open | |
| 10 Aug 2015 | 10589024 | Idbi Bank Limited | ₹16 Cr | Satisfied | |
| 18 Nov 2014 | 10589595 | Idbi Bank Limited | ₹16 Cr | Satisfied |
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.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹8.16 Cr | Investors: SFC Environmental Technologies Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Chavare Engineering 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
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)
| Supplier | Amount due | Due since | Reported 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.
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.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 104 |
| 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC7062R1Z5 | Maharashtra | Active | 01 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.
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:
- Sanjay Ratnakar Chavare - Whole-Time Director
- Rajesh Ratnakar Chavare - Whole-Time Director
- Sarvesh Kumar Garg - Director
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.

