Creason Engineering Private Limited
About Creason Engineering Private Limited
Data last updated:
Creason Engineering Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 05 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2010PTC059773. Its GSTIN is 24AADCC9255H1ZM (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kiritkumar Mafatlal Panchal and Anandkumar Kiritkumar Panchal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Block No – 1309 Shivam Society Sector – 27, Gandhinagar, Gujarat, India – 382027.
As per the financials filed for FY 2021, the company reported a revenue of ₹22,476, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹5.94 Lakh and EBITDA of -₹3.21 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 64% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBlock No – 1309 Shivam Society Sector – 27, Gandhinagar, Gujarat, India – 382027
- IndustryElectrical, Electrical Equipment, Transport Equipment, General Purpose And Special Purpose Machinery & Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Creason Engineering Private Limited
The main business activity of Creason Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Creason Engineering Private Limited FY 2021 filings available
Creason Engineering Private Limited reported revenue of ₹22,476 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Creason Engineering Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years. EBITDA fell 184% 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 Creason Engineering Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹3.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.94 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 Creason Engineering Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Creason Engineering are in the company report.
Financial statements from 2015
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.
Board of Directors of Creason Engineering Private Limited
Creason Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiritkumar Mafatlal Panchal | Director | 05 Mar 2010 | 16 Years 7 Months | Current |
| Anandkumar Kiritkumar Panchal | Director | 28 Feb 2012 | 14 Years 7 Months | Current |
Peer Comparison of Creason Engineering Private Limited
Creason Engineering Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport 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 |
|---|---|---|---|---|---|---|
| Bi3d Private Limited | ₹23,379 (FY 2025) | •••• | •••• | -90.0% | •••• | Durg, Chhattisgarh, India |
| Noesis Industries Limited | ₹23,338 (FY 2017) | •••• | •••• | -73.0% | •••• | New Delhi, Delhi, India |
| Alajah Electronics Integrated Technologies Private Limited | ₹23,200 (FY 2023) | •••• | •••• | 49.0% | •••• | Nagercoil, Tamil Nadu, India |
| Radflex Contract Services Private Limited | ₹23,160 (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Turbokopar Industries India Private Limited | ₹22,808 (FY 2025) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Creason Engineering Private Limited this company | ₹22,476 (FY 2021) | •••• | •••• | -100.0% | •••• | Gandhinagar, Gujarat, India |
| Moco Pumps Private Limited | ₹22,100 (FY 2019) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Thapak Automotive and Robotics Private Limited | ₹22,000 (FY 2025) | •••• | •••• | •••• | Hoshangabad, Madhya Pradesh, India | |
| Elpower Systems Private Limited | ₹21,535 (FY 2019) | •••• | •••• | -95.0% | •••• | Bangalore, Karnataka, India |
| DBG Projects Private Limited | ₹21,000 (FY 2024) | •••• | •••• | •••• | Pasonda, Uttar Pradesh, India | |
| Rakaka Food Technology Private Limited | ₹21,000 (FY 2024) | •••• | •••• | -45.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Creason Engineering by revenue in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport 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 Creason Engineering Private Limited
Creason Engineering Private Limited is audited by PRATIRAJSINH RAULJI AND CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRATIRAJSINH RAULJI AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Creason Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Creason Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2013 | Bank of Baroda | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Creason Engineering Private Limited
Employment history and EPFO contributions of people linked to Creason Engineering.
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 Creason Engineering Private Limited
Creason Engineering Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Anandkumar Kiritkumar Panchal ceased to be Additional Director on 20 Sep 2012.
Credit Ratings, Litigation & Regulatory Alerts for Creason Engineering 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 Creason Engineering 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 Creason Engineering 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 Creason Engineering Private Limited
Creason Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC9255H1ZM | Gujarat | Active | 01 Jul 2017 |
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 Creason Engineering 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 Creason Engineering Private Limited
Creason Engineering is an active private limited company based in Gandhinagar, Gujarat, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 05 March 2010 (16+ years old) and is registered under CIN U29100GJ2010PTC059773.
Creason Engineering reported revenue of ₹22,476 for FY 2021 (down 100% YoY).
Creason Engineering has 2 current directors:
- Kiritkumar Mafatlal Panchal - Director
- Anandkumar Kiritkumar Panchal - Director
Creason Engineering reported a net loss of ₹5.94 Lakh and EBITDA of -₹3.21 Lakh for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Creason Engineering is -83% over three years and -64% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Creason Engineering is 24AADCC9255H1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Creason Engineering is U29100GJ2010PTC059773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Creason Engineering was incorporated on 05 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Creason Engineering by revenue are Bi3d Private Limited, Noesis Industries Limited, Alajah Electronics Integrated Technologies Private Limited, Radflex Contract Services Private Limited, Turbokopar Industries India Private Limited and 5 more, all in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment).
Anandkumar Kiritkumar Panchal ceased to be Additional Director on 20 Sep 2012. Anandkumar Kiritkumar Panchal was appointed as Director on 28 Feb 2012. Dipsy Falgun Bhatt ceased to be Director on 28 Feb 2012. Creason Engineering has 4 board changes on record in total.
The registered office of Creason Engineering is at Block No – 1309 Shivam Society Sector – 27, Gandhinagar, Gujarat, India – 382027.