MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-03-0000655
Elecon Hydraulics Private Limited - machinery and equipment in Faridabad, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.12 Cr
▲ 57% YoY
Net profit · FY 2025
₹98.11 Lakh
Net margin 6.9%
EBITDA · FY 2025
₹1.79 Cr
EBITDA margin 12.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹81 Lakh
Issued & subscribed
Open charges
₹45 Lakh
Satisfied ₹9.45 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
13
Provident fund records
About Elecon Hydraulics Private Limited
Data last updated:
Elecon Hydraulics Private Limited is a private limited company based in Faridabad, Haryana, India, a subsidiary of Aakaaish Investments Private Limited. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 08 June 2005 and has been in existence for over 21 years.
Its director Prayasvin B Patel and family are #540 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29130HR2005PTC137704. Its GSTIN is 24AAFCA3386F1ZU (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹81 Lakh. It was formerly known as Akaaish Outsourcing Private Limited and Aakaaish Engineering Corporation Private Limited. It is led by directors including Pradip Manubhai Patel and Ravin Ramanlal Shah.
Its last annual general meeting (AGM) was held on 13 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Faridabad, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.12 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹98.11 Lakh (net margin 6.9%) and EBITDA of ₹1.79 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Lakh and satisfied charges of ₹9.45 Cr on record.
Elecon Hydraulics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0000655). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elecon.com.
Company Details of Elecon Hydraulics Private Limited
CIN U29130HR2005PTC137704
Registration Number 137704
Incorporation Date 08 June 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 13 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Aakaaish Investments Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-03-0000655
Name History
Elecon Hydraulics has undergone 2 name changes throughout its history. The company was previously known as Akaaish Outsourcing Private Limited, and Aakaaish Engineering Corporation Private Limited. The current legal name is Elecon Hydraulics Private Limited.
| Company Name | Status |
|---|---|
| Elecon Hydraulics Private Limited | Current |
| Akaaish Outsourcing Private Limited | Previous |
| Aakaaish Engineering Corporation Private Limited | Previous |
CIN History
Elecon Hydraulics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29130HR2005PTC137704, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29130HR2005PTC137704 | Current |
| U72400GJ2005PTC046206 | Previous |
| U29130GJ2005PTC046206 | Previous |
Recognitions & Rankings of Elecon Hydraulics
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #540 Prayasvin B Patel & family ₹6,300 Cr
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No. 8/6 & 8/6A, Industrial Area New Industrial Township, Faridabad, Haryana, India – 121005
- IndustryMachinery and Equipment, Material Handling & Storage Equipment, Hydraulic Machinery & Equipment
Comprehensive company report
Elecon Hydraulics 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
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Business Activity
The main business activity of Elecon Hydraulics 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
Financials of Elecon Hydraulics Private Limited
FY 2025 filings availableElecon Hydraulics Private Limited reported revenue of ₹14.12 Cr (up 57% YoY) for FY 2025.
Revenue · FY 2025
₹14.12 Cr ▲ 57%
Net profit · FY 2025
₹98.11 Lakh margin 6.9%
EBITDA · FY 2025
₹1.79 Cr margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▼ 7%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▼ 7%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 57% growth in the latest year. EBITDA rose 80% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹1.79 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹98.11 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.7% | |
| Net Profit Margin | 6.9% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Elecon Hydraulics are in the company report.
: available in the company report
Board of Directors of Elecon Hydraulics Private Limited
Elecon Hydraulics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Manubhai Patel Also directs: Ziwani Properties LLP, Jadeite Properties LLP, Eimco Elecon (India ) Limited and 5 more | Director | 03 Jan 2015 | 11 Years 9 Months | Current |
| Ravin Ramanlal Shah Also directs: Elecon Hydraulics Private Limited, Emtici Engineering Limited, Vijay M. Mistry Construction Private Limited and 5 more | Director | 07 Dec 2020 | 5 Years 10 Months | Current |
| Prayasvin Patel Also directs: Eimco Elecon (India ) Limited, Elecon Engineering Company Limited, Elecon Hydraulics Private Limited and 5 more | Director | 03 Jan 2015 | 11 Years 9 Months | Current |
Peer Comparison
Elecon Hydraulics Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Hydraulic Equipment, Material Handling Equipment), with 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 |
|---|---|---|---|---|---|---|
| Top India Elevator Private Limited | ₹14.28 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Rajkot, Gujarat, India |
| Presito Technologies (India) Private Limited | ₹14.2 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Punjabi Bagh, Delhi, India |
| Chaudhari Futuretech Private Limited | ₹14.16 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Nashik, Maharashtra, India |
| Elecon Hydraulics Private Limited this company | ₹14.12 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Faridabad, Haryana, India |
| Tinytop Engineering India Private Limited | ₹13.87 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Coimbatore, Tamil Nadu, India |
| S.V. Materials Handling Systems Private Limited | ₹13.58 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Kanakapura, Karnataka, India |
Peers are the companies nearest to Elecon Hydraulics by revenue, above and below it, in the Machinery and Equipment industry (Hydraulic Equipment, Material Handling Equipment), with 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.
Charges & Borrowings
Open charges
₹45 Lakh
Satisfied charges
₹9.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2021 | Idbi Bank Limited | ₹45 Lakh | Satisfied |
| 23 Mar 2016 | Axis Bank Limited | ₹4.25 Cr | Satisfied |
| 29 Jan 2016 | State Bank of India | ₹4.75 Cr | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays
Elecon Hydraulics Private Limited has 22 MSME Form 1 returns on record between 2016 and 2023, listing 2,107 overdue payments to 139 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 139)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Aisho Tours and Travels Limited | •••• | •••• | •••• |
| Dharm Sales | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
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
Employment history and EPFO contributions of people linked to Elecon Hydraulics.
: available in the company report
Recent Activity
Elecon Hydraulics Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Ravin Ramanlal Shah ceased to be Additional Director on 09 Aug 2021.
AGM
Elecon Hydraulics Private Limited last Annual general meeting of members was held on 13 Sep 2025 as per latest MCA records.
Charges
A charge registered on 19 Jul 2021 via Charge ID 100464493 with Idbi Bank Limited was fully satisfied on 08 Sep 2025.
Filing
Elecon Hydraulics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Ravin Ramanlal Shah ceased to be Additional Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100464493 was registered on 19 Jul 2021.
Charges
A charge registered on 23 Mar 2016 via Charge ID 100017943 with Axis Bank Limited was fully satisfied on 25 Mar 2021.
Appointed
Ravin Ramanlal Shah was appointed as Director.
Charges
A charge registered on 29 Jan 2016 via Charge ID 10622087 with State Bank Of India was fully satisfied on 30 Mar 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.25 Cr with Charge ID 100017943 was registered on 23 Mar 2016.
Charges
A charge with State Bank Of India amounted to Rs. 4.75 Cr with Charge ID 10622087 was registered on 29 Jan 2016.
Ceased
Pradip Manubhai Patel ceased to be Additional Director.
Ceased
Prashant Chandrakant Amin ceased to be Additional Director.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Elecon Hydraulics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA3386F1ZU | Gujarat | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Elecon Hydraulics is an active private limited company based in Faridabad, Haryana, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 08 June 2005 (21+ years old) and is registered under CIN U29130HR2005PTC137704.
Elecon Hydraulics has 3 current directors:
- Pradip Manubhai Patel - Director
- Ravin Ramanlal Shah - Director
- Prayasvin Patel - Director
The latest financial statements of Elecon Hydraulics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elecon Hydraulics is 24AAFCA3386F1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Elecon Hydraulics is U29130HR2005PTC137704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elecon Hydraulics was incorporated on 08 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Elecon Hydraulics by revenue are Top India Elevator Private Limited, Presito Technologies (India) Private Limited, Chaudhari Futuretech Private Limited, Tinytop Engineering India Private Limited, S.V. Materials Handling Systems Private Limited, all in the Machinery and Equipment industry (Hydraulic Equipment, Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ravin Ramanlal Shah ceased to be Additional Director on 09 Aug 2021. Ravin Ramanlal Shah was appointed as Director on 07 Dec 2020. Pradip Manubhai Patel ceased to be Additional Director on 22 Sep 2015. Elecon Hydraulics has 8 board changes on record in total.
Yes, Elecon Hydraulics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-03-0000655).
Elecon Hydraulics has 22 MSME Form 1 returns on record between 2016 and 2023, listing 2,107 overdue payments to 139 micro and small suppliers. The latest return was filed on 23 Oct 2023.
Elecon Hydraulics can be reached through the website elecon.com. Its registered office is in Faridabad, Haryana, India.
The registered office of Elecon Hydraulics is at Plot No. 86 & 86A, Industrial Area New Industrial Township, Faridabad, Haryana, India – 121005.