About Echar Engineering Private Limited
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Echar Engineering Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34200MH1996PTC097184. Its GSTIN is 27AAACE2437L1ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rawsab Malappa Nakman and Mamta Rawsab Nakman.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 19 Shanti Industrial Estate Ground Floor Sarojini Naidu Road Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.29 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹4.39 Lakh (net margin 1.9%) and EBITDA of ₹14.74 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹73.65 Lakh and satisfied charges of ₹10.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website echar.co.in.
Company details
Contact details
Echar Engineering Private Limited's registered office is in Mumbai, Maharashtra. Its website is echar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address19 Shanti Industrial Estate Ground Floor Sarojini Naidu Road Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Echar Engineering Private Limited, 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
Business activity
The main business activity of Echar Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Echar Engineering Private Limited, buy the company report.
Financials of Echar Engineering Private Limited
FY 2024 filings availableEchar Engineering Private Limited reported revenue of ₹2.29 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 47% growth in the latest year. EBITDA fell 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14.74 Lakh | ||||
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| Net Profit (PAT) | ₹4.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Echar Engineering Private Limited, buy the company report.
Board of directors of Echar Engineering Private Limited
Echar 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 |
|---|---|---|---|---|
| Mamta Rawsab Nakman | Additional Director | 16 Feb 2024 | 2 Years 8 Months | Current |
| Rawsab Malappa Nakman | Director | 18 Aug 2003 | 23 Years 2 Months | Current |
Auditor
Echar Engineering Private Limited is audited by DINESH PAI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH PAI & CO. | FY 2023 | 102608W |
Shareholding
The shareholding of Echar Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Echar Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2025 | 101098569 | Others | ₹20.1 Lakh | Open | |
| 03 Jul 2019 | 100275999 | Others | ₹49.6 Lakh | Open | |
| 12 Feb 1998 | 90156788 | The Saraswat Co-Op Bank | ₹3.95 Lakh | Open | |
| 01 Jun 2011 | 10359742 | Canara Bank | ₹10.7 Cr | Satisfied | |
| 24 Dec 2008 | 10143124 | Canara Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Echar Engineering Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Echar Engineering Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Echar Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Echar Engineering has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE2437L1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Echar Engineering Private Limited, buy the company report.
Recent activity
Echar Engineering Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Harashala Ashok Nakman ceased to be Additional Director on 19 Feb 2024.
12 earlier events are in the company report.
Frequently asked questions
Echar Engineering is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 February 1996 (30+ years old) and is registered under CIN U34200MH1996PTC097184.
Echar Engineering has 2 current directors:
- Mamta Rawsab Nakman - Additional Director
- Rawsab Malappa Nakman - Director
The latest financial statements of Echar Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Echar Engineering is 27AAACE2437L1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Echar Engineering is U34200MH1996PTC097184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Echar Engineering was incorporated on 12 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Harashala Ashok Nakman ceased to be Additional Director on 19 Feb 2024. Mamta Rawsab Nakman was appointed as Additional Director on 16 Feb 2024. Ashok Mallapa Nakman ceased to be Director on 18 Aug 2012. Echar Engineering has 4 board changes on record in total.
Echar Engineering can be reached through the website echar.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Echar Engineering is at 19 Shanti Industrial Estate Ground Floor Sarojini Naidu Road Mulund West, Mumbai, Maharashtra, India – 400080.
Echar Engineering operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.