MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0050198
Echaar Equipments Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹109.62 Cr
▲ 113% YoY
Net profit · FY 2025
₹9.97 Cr
Net margin 9.1%
EBITDA · FY 2025
₹21.8 Cr
EBITDA margin 19.9%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.2 Cr
Issued & subscribed
Open charges
₹181.26 Cr
Satisfied ₹20.75 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
76
Provident fund records
About Echaar Equipments Private Limited
Data last updated:
Echaar Equipments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 15 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28939MH2005PTC151304. Its GSTIN is 27AABCE4262G1ZT (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.2 Cr. It is led by directors Ramesh Hemchand Panchal and Kirti Hemchand Panchal.
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 Plot No. A – 48/49 Road No.10 Wagle Ind. Estate, Mumbai, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.62 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹9.97 Cr (net margin 9.1%) and EBITDA of ₹21.8 Cr (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 33% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Echaar. As per MCA filings, the company has open charges of ₹181.26 Cr and satisfied charges of ₹20.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Echaar Equipments Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0050198). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website echaar.com.
Company Details of Echaar Equipments Private Limited
CIN U28939MH2005PTC151304
Registration Number 151304
Incorporation Date 15 February 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0050198
Recognitions & Rankings of Echaar Equipments
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. A – 48/49 Road No.10 Wagle Ind. Estate, Mumbai, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Industrial Tools & Components
Comprehensive company report
Echaar Equipments Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Echaar Equipments Private Limited
Echaar Equipments operates one associated brand: Echaar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of precision components for energy and industrial sectors in India. | echaar.com |
Business Activity of Echaar Equipments Private Limited
The main business activity of Echaar Equipments 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 |
Premium access
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 Echaar Equipments Private Limited FY 2025 filings available
Echaar Equipments Private Limited reported revenue of ₹109.62 Cr (up 113% YoY) for FY 2025.
Revenue · FY 2025
₹109.62 Cr ▲ 113%
Net profit · FY 2025
₹9.97 Cr margin 9.1%
EBITDA · FY 2025
₹21.8 Cr margin 19.9%
Compounded Annual Growth Rate (CAGR) of Echaar Equipments Private Limited
Revenue CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 41%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 44%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 113% growth in the latest year. EBITDA rose 105% 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 Echaar Equipments 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 | ₹109.62 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹21.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.97 Cr | •••• | •••• | •••• | •••• |
| 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 Echaar Equipments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Echaar Equipments are in the company report.
Premium access
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 Echaar Equipments Private Limited
Echaar Equipments has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Hemchand Panchal | Director | 15 Feb 2005 | 21 Years 8 Months | Current |
| Kirti Hemchand Panchal | Director | 15 Feb 2005 | 21 Years 8 Months | Current |
Peer Comparison of Echaar Equipments Private Limited
Echaar Equipments Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Texfab Engineers (India) Private Limited | ₹113.35 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Surat, Gujarat, India |
| New Avm Systech Private Limited | ₹113.15 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Chinchwad, Maharashtra, India |
| Shavo Norgren (India) Private Limited | ₹111.96 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Grind Master Machines Private Limited | ₹111.57 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Aurangabad, Maharashtra, India |
| Gallium Industries Limited | ₹110.51 Cr (FY 2016) | •••• | •••• | 168.0% | •••• | New Delhi, Delhi, India |
| Echaar Equipments Private Limited this company | ₹109.62 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Mumbai, Maharashtra, India |
| Cee Dee Vacuum Equipment Pvt Ltd | ₹108.69 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Pune, Maharashtra, India |
| Dong Woo Surface Tech ( India ) Private Limited | ₹108.31 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Shri Hanumanji Roller Flour Mills Private Limited | ₹106.69 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Alwar, Rajasthan, India |
| Hengyu Cleaning Products Private Limited | ₹106.08 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Indopol Food Processing Machinery Private Limited | ₹104.4 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Echaar Equipments by revenue in the Machinery and Equipment industry (Process Machinery), 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 Echaar Equipments Private Limited
Echaar Equipments Private Limited is audited by JDT & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JDT & Associates | Locked | Locked | Locked |
Premium access
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 Echaar Equipments Private Limited
Premium access
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 Echaar Equipments Private Limited
Open charges
₹181.26 Cr
Satisfied charges
₹20.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2026 | Others | ₹2.08 Cr | Open |
| 31 Jan 2026 | Others | ₹41 Lakh | Open |
| 31 Jan 2026 | Others | ₹5.2 Cr | Open |
| 12 Aug 2025 | Tjsb Sahakari Bank Limited | ₹3.83 Cr | Open |
| 12 Aug 2025 | Tjsb Sahakari Bank Limited | ₹25 Cr | Open |
Total charge records: 37 View all charges
Legal Cases of Echaar Equipments Private Limited
Echaar Equipments Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Disposed |
Premium access
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Echaar Equipments Private Limited
Echaar Equipments Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 418 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Premium access
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Echaar Equipments Private Limited
Echaar Equipments Private Limited has a workforce of 76 employees as of Jun 26, 2024.
Employee count
76
Active EPFO establishments
1
Employee growth
-3.8%
Premium access
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 Echaar Equipments Private Limited
Echaar Equipments Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Kirti Hemchand Panchal was appointed as Director on 15 Feb 2005.
Charges
A charge with Others of Rs. 2.08 Cr registered on 31 Jan 2026 with Charge ID 101260271 was modified on 29 May 2026.
Charges
A charge with Others of Rs. 0.41 Cr registered on 31 Jan 2026 with Charge ID 101260283 was modified on 29 May 2026.
Charges
A charge with Others of Rs. 5.20 Cr registered on 31 Jan 2026 with Charge ID 101260403 was modified on 29 May 2026.
Charges
A charge with Others of Rs. 70.00 Cr registered on 05 Dec 2012 with Charge ID 10394350 was modified on 29 May 2026.
Charges
A charge registered on 18 Jan 2022 via Charge ID 100522991 with Sidbi was fully satisfied on 24 Feb 2026.
Charges
A charge registered on 28 Oct 2021 via Charge ID 100493246 with Sidbi was fully satisfied on 24 Feb 2026.
Charges
A charge registered on 28 Nov 2016 via Charge ID 100063173 with Sidbi was fully satisfied on 24 Feb 2026.
Charges
A charge with Others amounted to Rs. 2.08 Cr with Charge ID 101260271 was registered on 31 Jan 2026.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 101260283 was registered on 31 Jan 2026.
Charges
A charge with Others amounted to Rs. 5.20 Cr with Charge ID 101260403 was registered on 31 Jan 2026.
AGM
Echaar Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 3.83 Cr with Charge ID 101144852 was registered on 12 Aug 2025.
45 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Echaar Equipments Private Limited
Premium access
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.
Subsidiaries & Group Companies of Echaar Equipments Private Limited
Premium access
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 Echaar Equipments Private Limited
Echaar Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE4262G1ZT | Maharashtra | Active | 01 Jul 2017 |
Premium access
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 Echaar Equipments Private Limited
Premium access
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 Echaar Equipments Private Limited
Echaar Equipments is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 15 February 2005 (21+ years old) and is registered under CIN U28939MH2005PTC151304.
Echaar Equipments reported revenue of ₹109.62 Cr for FY 2025 (up 113% YoY).
Echaar Equipments has 2 current directors:
- Ramesh Hemchand Panchal - Director
- Kirti Hemchand Panchal - Director
Echaar Equipments reported a net profit of ₹9.97 Cr (net margin 9.1%) and EBITDA of ₹21.8 Cr (EBITDA margin 19.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Echaar Equipments is 41% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 113%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Echaar Equipments is 27AABCE4262G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Echaar Equipments is U28939MH2005PTC151304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Echaar Equipments has 1 court case on record: 1 filed against it.
Echaar Equipments was incorporated on 15 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Echaar Equipments by revenue are Texfab Engineers (India) Private Limited, New Avm Systech Private Limited, Shavo Norgren (India) Private Limited, Grind Master Machines Private Limited, Gallium Industries Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Kirti Hemchand Panchal was appointed as Director on 15 Feb 2005. Ramesh Hemchand Panchal was appointed as Director on 15 Feb 2005.
Yes, Echaar Equipments is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0050198).