MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0104838
Cip Machineries Pvt Ltd - healthcare in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.04 Cr
▲ 38% YoY
Net profit · FY 2024
₹9.8 Lakh
Net margin 4.8%
EBITDA · FY 2024
₹34.91 Lakh
EBITDA margin 17.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Satisfied ₹4.44 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
4
Provident fund records
About Cip Machineries Pvt Ltd
Data last updated:
Cip Machineries Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 04 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1994PTC021001. Its GSTIN is 24AAACC7718E1ZZ (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Maheshbhai Nagjibhai Desai and Sagar Nagjibhai Rabari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.3901 Phase – IV – Nr Nika Tubecross Rd, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.04 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹9.8 Lakh (net margin 4.8%) and EBITDA of ₹34.91 Lakh (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CIP Mach. As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹4.44 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 7 filed against it; 4 cases are pending.
Cip Machineries Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0104838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cipmach.com.
Company Details of Cip Machineries Pvt Ltd
CIN U29199GJ1994PTC021001
Registration Number 021001
Incorporation Date 04 January 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0104838
Recognitions & Rankings of Cip Machineries
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.3901 Phase – IV – Nr Nika Tubecross Rd, Ahmedabad, Gujarat, India – 382445
- IndustryHealthcare, Medical & Laboratory Equipment
Comprehensive company report
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Associated Brands with Cip Machineries Pvt Ltd
Cip Machineries operates one associated brand: CIP Mach. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of pharmaceutical machineries in India. | cipmach.com |
Business Activity of Cip Machineries Pvt Ltd
The main business activity of Cip Machineries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Cip Machineries Pvt Ltd FY 2024 filings available
Cip Machineries Pvt Ltd reported revenue of ₹2.04 Cr (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹2.04 Cr ▲ 38%
Net profit · FY 2024
₹9.8 Lakh margin 4.8%
EBITDA · FY 2024
₹34.91 Lakh margin 17.1%
Compounded Annual Growth Rate (CAGR) of Cip Machineries Pvt Ltd
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 2%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 5%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 38% growth in the latest year. EBITDA fell 2% 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 Cip Machineries Pvt Ltd
| 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 | ₹34.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.8 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 Cip Machineries Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Cip Machineries are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Cip Machineries Pvt Ltd
Cip Machineries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshbhai Nagjibhai Desai | Director | 17 Apr 2016 | 10 Years 6 Months | Current |
| Sagar Nagjibhai Rabari | Director | 17 Apr 2016 | 10 Years 6 Months | Current |
Peer Comparison of Cip Machineries Pvt Ltd
Cip Machineries Pvt Ltd is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Soundveda Global Healthcare Private Limited | ₹2.09 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Cad Surgico Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Limas Medical Devices and Diagnostics Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Aluva, Kerala, India |
| Hemaki Lab-Services Pvt Ltd | ₹2.06 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
| Gprognostics Private Limited | ₹2.05 Cr (FY 2023) | •••• | •••• | 177.0% | •••• | Bangalore, Karnataka, India |
| Cip Machineries Pvt Ltd this company | ₹2.04 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Ahmedabad, Gujarat, India |
| Kartal Projects Private Limited | ₹2.03 Cr (FY 2024) | •••• | •••• | -98.0% | •••• | Delhi, India |
| Biofootprints Healthcare Private Limited | ₹2.03 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Gentek India Private Limited | ₹2.03 Cr (FY 2024) | •••• | •••• | 155.0% | •••• | Lucknow, Uttar Pradesh, India |
| Unopolis Healthcare Private Limited | ₹2.03 Cr (FY 2024) | •••• | •••• | 234.0% | •••• | Burdwan, West Bengal, India |
| Medlera Healthcare Private Limited | ₹2.03 Cr (FY 2025) | •••• | •••• | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Cip Machineries by revenue in the Healthcare industry (Medical and Laboratory Equipment), 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 Cip Machineries Pvt Ltd
Cip Machineries Pvt Ltd is audited by PRITESH PANDYA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRITESH PANDYA & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Cip Machineries Pvt Ltd
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Charges & Borrowings of Cip Machineries Pvt Ltd
Open charges
₹25 Lakh
Satisfied charges
₹4.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2022 | Hdfc Bank Limited | ₹25 Lakh | Open |
| 07 May 2005 | Dena Bank | ₹1.6 Cr | Satisfied |
| 07 Jan 1999 | Dena Bank | ₹1.35 Cr | Satisfied |
| 11 Nov 1997 | Dena Bank | ₹1.35 Cr | Satisfied |
| 18 Oct 1996 | Dena Bank | ₹9 Lakh | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Cip Machineries Pvt Ltd
Cip Machineries Pvt Ltd has 11 court cases on record: 2 filed by Cip Machineries, 7 filed against it, 2 where it is another party. 4 cases are pending and 7 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Total cases
11
Filed by the company
2
Filed against the company
7
Pending
4
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 2 |
| High courts | 4 | 1 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Pima Controls Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMC NTA) | Filed by the company against an individual | Pending |
| High Court of Gujarat | Court case (CR.A) | Company is another party | Pending |
| High Court of Gujarat | Appeal | Company is another party | Pending |
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Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Cip Machineries Pvt Ltd
Cip Machineries Pvt Ltd has a workforce of 4 employees as of Apr 07, 2024.
Employee count
4
Active EPFO establishments
1
Employee growth
-20%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Cip Machineries Pvt Ltd
Cip Machineries Pvt Ltd has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Subhash Prahladbhai Patel ceased to be Director on 01 Jun 2016.
AGM
Cip Machineries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cip Machineries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100586196 was registered on 08 Jun 2022.
Charges
A charge registered on 07 May 2005 via Charge ID 90103889 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 07 Jan 1999 via Charge ID 90103872 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 11 Nov 1997 via Charge ID 90103708 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 18 Oct 1996 via Charge ID 90103685 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 18 Oct 1996 via Charge ID 90103065 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 09 Nov 1994 via Charge ID 90102990 with Dena Bank was fully satisfied on 24 Aug 2020.
Ceased
Subhash Prahladbhai Patel ceased to be Director.
Ceased
Sunny Vallabhbhai Patel ceased to be Director.
Appointed
Maheshbhai Nagjibhai Desai was appointed as Director.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Cip Machineries Pvt Ltd
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MSME Payment Delays by Cip Machineries Pvt Ltd
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Subsidiaries & Group Companies of Cip Machineries Pvt Ltd
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Corporate group structure
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GST Compliance of Cip Machineries Pvt Ltd
Cip Machineries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC7718E1ZZ | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Cip Machineries Pvt Ltd
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Frequently Asked Questions about Cip Machineries Pvt Ltd
Cip Machineries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 04 January 1994 (32+ years old) and is registered under CIN U29199GJ1994PTC021001.
Cip Machineries reported revenue of ₹2.04 Cr for FY 2024 (up 38% YoY).
Cip Machineries has 2 current directors:
- Maheshbhai Nagjibhai Desai - Director
- Sagar Nagjibhai Rabari - Director
Cip Machineries reported a net profit of ₹9.8 Lakh (net margin 4.8%) and EBITDA of ₹34.91 Lakh (EBITDA margin 17.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cip Machineries is 2% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cip Machineries is 24AAACC7718E1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Cip Machineries is U29199GJ1994PTC021001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cip Machineries has 11 court cases on record: 2 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.
Cip Machineries was incorporated on 04 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Cip Machineries by revenue are Soundveda Global Healthcare Private Limited, Cad Surgico Private Limited, Limas Medical Devices and Diagnostics Private Limited, Hemaki Lab-Services Pvt Ltd, Gprognostics Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment).
Subhash Prahladbhai Patel ceased to be Director on 01 Jun 2016. Sunny Vallabhbhai Patel ceased to be Director on 24 May 2016. Maheshbhai Nagjibhai Desai was appointed as Director on 17 Apr 2016. Cip Machineries has 7 board changes on record in total.