About Diagonal Engineers Private Limited
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Diagonal Engineers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 12 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23200GJ2021PTC120232. Its GSTIN is 24AAICD3286G1ZN (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.06 Lakh. It is led by directors Pareshkumar Natwarlal Soni (Managing Director) and Kaminiben Pareshbhai Soni.
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 14/5 Fifth Floor Magnet Corporate Park 100 Ft Hebatpur Thaltej Road Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.06 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹53 Lakh (net margin 2.6%) and EBITDA of ₹1.03 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
For more details, the company can be reached via its website diagonalgroup.in.
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- Registered Address14/5 Fifth Floor Magnet Corporate Park 100 Ft Hebatpur Thaltej Road Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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 Diagonal Engineers Private Limited
The main business activity of Diagonal Engineers is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Diagonal Engineers Private Limited FY 2025 filings available
Diagonal Engineers Private Limited reported revenue of ₹20.06 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Diagonal Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 4% growth in the latest year. EBITDA fell 19% 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 Diagonal Engineers Private Limited
| 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 | ₹1.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹53 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 Diagonal Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Diagonal Engineers are in the company report.
Financial statements from FY 2021
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 Diagonal Engineers Private Limited
Diagonal Engineers Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bio 2 (India) Limited | ₹20.19 Cr (FY 2022) | •••• | •••• | 1971.0% | •••• | New Delhi, Delhi, India |
| Solmaz Elasto Chem India Private Limited | ₹20.12 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Es Essential Chemicals Private Limited | ₹20.1 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Adventure Overseas Private Limited | ₹20.09 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Pal Chemicals Private Limited | ₹20.07 Cr (FY 2025) | •••• | •••• | 1393.0% | •••• | Delhi, India |
| Diagonal Engineers Private Limited this company | ₹20.06 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Etico Chemicals India Private Limited | ₹20.04 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Hyderabad, Telangana, India |
| H-T-L Perma India Private Limited | ₹19.97 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Navi Mumbai, Maharashtra, India |
| Jay Chemtex Private Limited | ₹19.97 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Ahmedabad, Gujarat, India |
| S B Shah and Company Private Limited | ₹19.96 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Indace Chem India Private Limited | ₹19.93 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Diagonal Engineers by revenue in the Chemicals industry (Chemical Retail and Distribution), 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 Diagonal Engineers Private Limited
Diagonal Engineers Private Limited is audited by Nirmal Parikh & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nirmal Parikh & Associates | 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.
Board of Directors of Diagonal Engineers Private Limited
Diagonal Engineers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaminiben Pareshbhai Soni | Director | 12 Feb 2021 | 5 Years 8 Months | Current |
| Pareshkumar Natwarlal Soni | Managing Director | 12 Feb 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Diagonal Engineers 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 Diagonal Engineers Private Limited
Diagonal Engineers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Diagonal Engineers Private Limited
Diagonal Engineers Private Limited has a workforce of 0 employees as of Mar 28, 2024.
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 Diagonal Engineers Private Limited
Diagonal Engineers Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Pareshkumar Natwarlal Soni ceased to be Director on 01 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Diagonal Engineers 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 Diagonal Engineers 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 Diagonal Engineers 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 Diagonal Engineers Private Limited
Diagonal Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICD3286G1ZN | Gujarat | Active | 26 Mar 2021 |
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 Diagonal Engineers 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 Diagonal Engineers Private Limited
Diagonal Engineers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 12 February 2021 (5+ years old) and is registered under CIN U23200GJ2021PTC120232.
Diagonal Engineers reported revenue of ₹20.06 Cr for FY 2025 (up 4% YoY).
Diagonal Engineers has 2 current directors:
- Pareshkumar Natwarlal Soni - Managing Director
- Kaminiben Pareshbhai Soni - Director
Diagonal Engineers reported a net profit of ₹53 Lakh (net margin 2.6%) and EBITDA of ₹1.03 Cr (EBITDA margin 5.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Diagonal Engineers is 9% over three years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Diagonal Engineers is 24AAICD3286G1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Diagonal Engineers is U23200GJ2021PTC120232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diagonal Engineers was incorporated on 12 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Diagonal Engineers by revenue are Bio 2 (India) Limited, Solmaz Elasto Chem India Private Limited, Es Essential Chemicals Private Limited, Adventure Overseas Private Limited, Pal Chemicals Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Pareshkumar Natwarlal Soni ceased to be Director on 01 Jun 2021. Kaminiben Pareshbhai Soni was appointed as Director on 12 Feb 2021. Pareshkumar Natwarlal Soni was appointed as Managing Director on 12 Feb 2021.
Diagonal Engineers can be reached through the website diagonalgroup.in. Its registered office is in Ahmedabad, Gujarat, India.