- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0060367

About East India Elevators Ltd
Data last updated:
East India Elevators Ltd is a public limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 November 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29150GJ1983PLC006571. Its GSTIN is 24AAACE4201A1ZP (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as East India Elevators Pvt Ltd. It is led by directors including Meghadityasinh Nrupendrasinh Khachar (Managing Director) and Purva Sharad Chikhlikar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 104 Silver Oak Complex Mahalaxmi Char Rasta Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2026, the company reported a revenue of ₹82.86 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹7.97 Lakh (net margin 9.6%) and EBITDA of ₹15.22 Lakh (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 30% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: East India Elevators Ltd. As per MCA filings, the company has satisfied charges of ₹1.05 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
East India Elevators Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0060367). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eastindiaelevators.com.
Company details
CIN history
East India Elevators has one previous CIN (Corporate Identification Number): U29150GJ1983PTC006571. The current CIN is U29150GJ1983PLC006571, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29150GJ1983PLC006571 | Current |
| U29150GJ1983PTC006571 | Previous |
Recognitions & Rankings of East India Elevators
Contact details
East India Elevators Ltd's registered office is in Ahmedabad, Gujarat. Its website is eastindiaelevators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address104 Silver Oak Complex Mahalaxmi Char Rasta Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of East India Elevators Ltd, 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
East India Elevators operates one associated brand: East India Elevators Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevator manufacturing and lift solutions in India, focusing on quality and global distribution. | eastindiaelevators.com |
Business activity
The main business activity of East India Elevators is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of East India Elevators Ltd, buy the company report.
Financials of East India Elevators Ltd
FY 2026 filings availableEast India Elevators Ltd reported revenue of ₹82.86 Lakh (down 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 18% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹82.86 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.97 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | 9.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of East India Elevators Ltd, buy the company report.
Board of directors of East India Elevators Ltd
East India Elevators has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purva Sharad Chikhlikar | Director | 17 Nov 2008 | 17 Years 11 Months | Current |
| Meghadityasinh Nrupendrasinh Khachar | Managing Director | 15 Jan 2015 | 11 Years 9 Months | Current |
| Purnima Sharad Chikhlikar | Director | 22 Nov 1983 | 42 Years 11 Months | Current |
Auditor
East India Elevators Ltd is audited by MOHTA KHETAWAT & CO for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHTA KHETAWAT & CO | FY 2026 | 164122 |
Shareholding
The shareholding of East India Elevators Ltd is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of East India Elevators Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2003 | 90316272 | Bank of Mahsrashtra | ₹2 Lakh | Satisfied | |
| 01 Jun 1995 | 90315474 | Bank of Baroda | ₹6 Lakh | Satisfied | |
| 19 Feb 1995 | 90315418 | Bank of Mahsrashtra | ₹6.22 Lakh | Satisfied | |
| 02 Jun 1994 | 90315265 | Bank of Baroda | ₹20 Lakh | Satisfied | |
| 04 Oct 1993 | 90315152 | Bank of Mahsrashtra | ₹9 Lakh | Satisfied |
To see the full charge records of East India Elevators Ltd, buy the company report.
Total charge records: 16 View all charges
Legal cases
East India Elevators Ltd has 3 court cases on record: 2 filed by East India Elevators, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against Concord Blue Technology Pvt. Ltd. (Cin U40200mh2009ptc190132) | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Concord Blue Technology Pvt Ltd | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by Mr. V. Musalayya. Anasu Business Sulutions Pvt.L and 1 other | Disposed |
To see the full case history of East India Elevators Ltd, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for East India Elevators Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
East India Elevators Ltd has a workforce of 24 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
East India Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE4201A1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of East India Elevators Ltd, buy the company report.
Recent activity
East India Elevators Ltd has 7 board changes on record since 1983: 3 appointments and 4 cessations. The latest: Meghadityasinh Nrupendrasinh Khachar ceased to be Director Appointed In Casual Vacancy on 29 Nov 2018.
30 earlier events are in the company report.
Frequently asked questions
East India Elevators is an active public limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 22 November 1983 (43+ years old) and is registered under CIN U29150GJ1983PLC006571.
East India Elevators has 3 current directors:
- Meghadityasinh Nrupendrasinh Khachar - Managing Director
- Purva Sharad Chikhlikar - Director
- Purnima Sharad Chikhlikar - Director
The latest financial statements of East India Elevators on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of East India Elevators is 24AAACE4201A1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of East India Elevators is U29150GJ1983PLC006571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
East India Elevators has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
East India Elevators was incorporated on 22 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Meghadityasinh Nrupendrasinh Khachar ceased to be Director Appointed In Casual Vacancy on 29 Nov 2018. Sangita Gupte ceased to be Additional Director on 16 Mar 2015. Meghadityasinh Nrupendrasinh Khachar was appointed as Managing Director on 15 Jan 2015. East India Elevators has 7 board changes on record in total.
Yes, East India Elevators is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0060367).
East India Elevators can be reached through the website eastindiaelevators.com. Its registered office is in Ahmedabad, Gujarat, India.

