Covet Water Solution Private Limited
About Covet Water Solution Private Limited
Data last updated:
Covet Water Solution Private Limited is a private limited company based in Kandivlai West, Maharashtra, India. It was incorporated on 02 May 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46309MH2023PTC402176.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Shivaji Nivrutti Shinde and Resham Pramod Patil.
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 Sector 5, Kandivlai West, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.02 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹27,548 (net margin 2.5%) and EBITDA of ₹48,129 (EBITDA margin 4.4%).
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- Registered AddressA – 403 Plot No 272, Shanti Tower Sector 5, Kandivlai West, Maharashtra, India – 400067
- 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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Business Activity of Covet Water Solution Private Limited
The main business activity of Covet Water Solution is water supply; sewerage, waste management and remediation activities. In detail, this covers water collection, treatment and supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 36 | Water collection, treatment and supply | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Covet Water Solution Private Limited FY 2025 filings available
Covet Water Solution Private Limited reported revenue of ₹11.02 Lakh (up 157% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Covet Water Solution Private Limited
Revenue rose 157% in the latest year. EBITDA rose 73% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Covet Water Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹48,129 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹27,548 | •••• |
| 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 Covet Water Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.4% | •••• |
| Net Profit Margin | 2.5% | •••• |
| 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 Covet Water Solution are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Covet Water Solution Private Limited
Covet Water Solution Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Water collection, treatment and supply). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Virupaksheshwar Enterprises Private Limited | ₹11.56 Lakh (FY 2019) | •••• | •••• | -4.0% | •••• | Aurad Shahajani, Maharashtra, India |
| Shivpuri Water Infrastructure Private Limited | ₹11.42 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Ahmedabad, Gujarat, India |
| Nootan Water Solutions Private Limited | ₹11.4 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Khajoori Khas, Delhi, India |
| Welldew Technologies Private Limited | ₹11.21 Lakh (FY 2025) | •••• | •••• | 60.0% | •••• | Kozhikode, Kerala, India |
| Nano Fresh Ro Private Limited | ₹11.03 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Thanjavur, Tamil Nadu, India |
| Covet Water Solution Private Limited this company | ₹11.02 Lakh (FY 2025) | •••• | •••• | 157.0% | •••• | Kandivlai West, Maharashtra, India |
| A-One Beverages Private Limited. | ₹10.99 Lakh (FY 2024) | •••• | •••• | 126.0% | •••• | New Delhi, Delhi, India |
| Respiro Technologies Private Limited | ₹10.98 Lakh (FY 2022) | •••• | •••• | -37.0% | •••• | Chennai, Tamil Nadu, India |
| Mahendra and Sons Waterproofer Private Limited | ₹10.9 Lakh (FY 2024) | •••• | •••• | 493.0% | •••• | New Delhi, Delhi, India |
| Hi-Tech Aqua Enviro Systems Private Limited | ₹10.62 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Thane, Maharashtra, India |
| Deep Tubewell Drillers Pvt Ltd | ₹10.62 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Zirakpur, Punjab, India |
Peers are the five companies nearest above and the five nearest below Covet Water Solution by revenue in the same principal business activity (Water collection, treatment and supply), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Covet Water Solution Private Limited
Covet Water Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivaji Nivrutti Shinde | Director | 02 May 2023 | 3 Years 5 Months | Current |
| Resham Pramod Patil | Director | 02 May 2023 | 3 Years 5 Months | Current |
Charges & Borrowings of Covet Water Solution Private Limited
Covet Water Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Covet Water Solution Private Limited
Employment history and EPFO contributions of people linked to Covet Water Solution.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Covet Water Solution Private Limited
Covet Water Solution Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Resham Pramod Patil was appointed as Director on 02 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Covet Water Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Covet Water Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Covet Water Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Covet Water Solution Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Covet Water Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Covet Water Solution Private Limited
Covet Water Solution is an active private limited company based in Kandivlai West, Maharashtra, India. It was incorporated on 02 May 2023 (3+ years old) and is registered under CIN U46309MH2023PTC402176.
Covet Water Solution reported revenue of ₹11.02 Lakh for FY 2025 (up 157% YoY).
Covet Water Solution has 2 current directors:
- Shivaji Nivrutti Shinde - Director
- Resham Pramod Patil - Director
Covet Water Solution reported a net profit of ₹27,548 (net margin 2.5%) and EBITDA of ₹48,129 (EBITDA margin 4.4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Covet Water Solution is U46309MH2023PTC402176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covet Water Solution was incorporated on 02 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Covet Water Solution by revenue are Shree Virupaksheshwar Enterprises Private Limited, Shivpuri Water Infrastructure Private Limited, Nootan Water Solutions Private Limited, Welldew Technologies Private Limited, Nano Fresh Ro Private Limited and 5 more, all in the same principal business activity (Water collection, treatment and supply).
Resham Pramod Patil was appointed as Director on 02 May 2023. Shivaji Nivrutti Shinde was appointed as Director on 02 May 2023.
The registered office of Covet Water Solution is at A – 403 Plot No 272, Shanti Tower Sector 5, Kandivlai West, Maharashtra, India – 400067.
Covet Water Solution has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000.
No. Covet Water Solution is not listed on any stock exchange. It is an unlisted company.