About Electromech Maritech Private Limited
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Electromech Maritech Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Lanco Solar Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 02 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74140PN2008PTC131227. Its GSTIN is 08AABCE9017F1ZS (Rajasthan).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.21 Cr. It is led by directors including Kamal Kant Maheshwari (Whole-Time Director) and Dhiraj Kumar.
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 15A 4th Floor City Vista Tower A Suite# 894 Fountain Road Kharadi Pune – 411014, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.34 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹9.48 Cr (net margin 101.5%) and EBITDA of ₹11.45 Cr (EBITDA margin 122.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹27 Cr and satisfied charges of ₹62.8 Cr on record. The company has 4 deals on record (3 acquisitions, 1 secondary share transfer); the latest was in September 2012. Its 5 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 3 smaller; the largest is Radiance Ka Sunshine Six Private Limited with revenue of ₹9.47 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website emech.com.
Company details
Contact details
Electromech Maritech Private Limited's registered office is in Pune, Maharashtra. Its website is emech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address15A 4th Floor City Vista Tower A Suite# 894 Fountain Road Kharadi Pune – 411014, Maharashtra, India – 411014
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Electromech Maritech 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 Electromech Maritech is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Electromech Maritech Private Limited, buy the company report.
Financials of Electromech Maritech Private Limited
FY 2025 filings availableElectromech Maritech Private Limited reported revenue of ₹9.34 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.45 Cr | ||||
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| Net Profit (PAT) | ₹9.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 122.6% | ||||
| Net Profit Margin | 101.5% | ||||
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To see the full financial statements and ratios of Electromech Maritech Private Limited, buy the company report.
Board of directors of Electromech Maritech Private Limited
Electromech Maritech has 4 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Kishorbhai Mandalia | Additional Director | 06 Jan 2026 | 0 Years 10 Months | Current |
| Kamal Kant Maheshwari Also directs: Green Coal Renewables Private Limited, Newton Solar Private Limited, Khaya Solar Projects Private Limited and 5 more | Whole-Time Director | 12 Apr 2023 | 3 Years 6 Months | Current |
| Dhiraj Kumar Also directs: Newton Solar Private Limited, Khaya Solar Projects Private Limited, Deri Green LLP and 5 more | Director | 04 Mar 2024 | 2 Years 8 Months | Current |
| Chanakya Chandreshkumar Mandalia Also directs: Green Coal Renewables Private Limited, Newton Solar Private Limited, Khaya Solar Projects Private Limited and 5 more | Additional Director | 06 Jan 2026 | 0 Years 10 Months | Current |
Peer comparison
Electromech Maritech Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radiance Ka Sunshine Six Private Limited | ₹9.47 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| Raajratna Energy Holdings Private Limited | ₹9.36 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Electromech Maritech Private Limitedthis company | ₹9.34 Cr (FY 2025) | ₹9.48 Cr | 101.5% | 7.0% | Pune, Maharashtra, India | |
| Suvarchas Solar Power Private Limited | ₹9.29 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Sanjay Eco Green Power Private Limited | ₹9.28 Cr (FY 2025) | 40.0% | Coimbatore, Tamil Nadu, India | |||
| Krishna Greentech Private Limited | ₹9.23 Cr (FY 2024) | 71.0% | Karur, Tamil Nadu, India |
To see the full peer comparison of Electromech Maritech Private Limited, buy the company report.
Auditor
Electromech Maritech Private Limited is audited by Bhushan S. Bapat for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhushan S. Bapat | FY 2023 |
Shareholding
The shareholding of Electromech Maritech 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 Electromech Maritech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2024 | 100894080 | Others | ₹27 Cr | Open | |
| 27 May 2022 | 100587379 | Others | ₹15.8 Cr | Satisfied | |
| 28 Dec 2015 | 10609651 | Icici Bank Limited | ₹12 Cr | Satisfied | |
| 28 Sep 2012 | 10378285 | Power Finance Corporation Limited | ₹35 Cr | Satisfied |
To see the full charge records of Electromech Maritech Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Electromech Maritech Private Limited has 4 deals on record (3 acquisitions, 1 secondary share transfer); the latest was in September 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2012 | Acquisition | Undisclosed | Buyer: Electromech Material Handling Systems (India) Private Limited Seller: Lanco Solar Energy Private Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Lanco Solar Energy Private Limited , Golden Infraprojects Private Limited Seller: Electromech Material Handling Systems (India) Private Limited , an individual |
| Dec 2010 | Acquisition | ₹15.2 Cr | Buyer: Electromech Material Handling Systems (India) Private Limited |
| Sep 2010 | Acquisition | Undisclosed | Buyer: Electromech Material Handling Systems (India) Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Electromech Maritech 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
Electromech Maritech Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Reconnect Energy Solutions Limited |
To see the full MSME payment records of Electromech Maritech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Electromech Maritech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCE9017F1ZS | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Electromech Maritech Private Limited, buy the company report.
Recent activity
Electromech Maritech Private Limited has 23 board changes on record since 2011: 4 appointments and 19 cessations. The latest: Chanakya Chandreshkumar Mandalia was appointed as Additional Director on 06 Jan 2026.
21 earlier events are in the company report.
Frequently asked questions
Electromech Maritech is an active private limited company based in Pune, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 02 January 2008 (18+ years old) and is registered under CIN U74140PN2008PTC131227.
Electromech Maritech has 4 current directors:
- Kamal Kant Maheshwari - Whole-Time Director
- Yash Kishorbhai Mandalia - Additional Director
- Dhiraj Kumar - Director
- Chanakya Chandreshkumar Mandalia - Additional Director
The latest financial statements of Electromech Maritech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Electromech Maritech is 08AABCE9017F1ZS, registered in Rajasthan.
The CIN (Corporate Identification Number) of Electromech Maritech is U74140PN2008PTC131227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electromech Maritech was incorporated on 02 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Electromech Maritech has 4 deals on record (3 acquisitions, 1 secondary share transfer); the latest was in September 2012.
The peers of Electromech Maritech by revenue are Radiance Ka Sunshine Six Private Limited, Raajratna Energy Holdings Private Limited, Suvarchas Solar Power Private Limited, Sanjay Eco Green Power Private Limited, Krishna Greentech Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Chanakya Chandreshkumar Mandalia was appointed as Additional Director on 06 Jan 2026. Yash Kishorbhai Mandalia was appointed as Additional Director on 06 Jan 2026. Dhiraj Kumar ceased to be Additional Director on 29 Sep 2024. Electromech Maritech has 23 board changes on record in total.
Electromech Maritech has 5 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 1 micro and small supplier. The latest return was filed on 03 Oct 2020.
Electromech Maritech can be reached through the website emech.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Electromech Maritech is at 15A 4th Floor City Vista Tower A Suite# 894 Fountain Road Kharadi Pune – 411014, Maharashtra, India – 411014.
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