About Electromech Material Handling Systems (India) Private Limited
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Electromech Material Handling Systems (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 08 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28160PN1996PTC099346. Its GSTIN is 27AABCE2527J1ZQ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹4.6 Cr. It is led by directors including Tushar Vinayak Mehendale (Managing Director) and Awanti Tushar Mehendale.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.1 Gat No.316. At P Kasar Amboli Tal Mulshi Dist – Pune, Maharashtra, India – 412111.
As per the financials filed for FY 2025, the company reported a revenue of ₹697.21 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹73.67 Cr (net margin 10.6%) and EBITDA of ₹113.01 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 24% over five years.
The company is associated with 1 brand: ElectroMech. As per MCA filings, the company has open charges of ₹208.95 Cr and satisfied charges of ₹166.8 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 2 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹44.3 Cr; the latest was in March 2021.
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
CIN history
Electromech Material Handling Systems (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28160PN1996PTC099346, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28160PN1996PTC099346 | Current |
| U31109PN1996PTC099346 | Previous |
| U31109MH1996PTC099346 | Previous |
Contact details
Electromech Material Handling Systems (India) Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressPlot No.1 Gat No.316. At P Kasar Amboli Tal Mulshi Dist – Pune, Maharashtra, India – 412111
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
Electromech Material Handling Systems (India) operates one associated brand: ElectroMech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial overhead cranes are manufactured for various sectors. | emech.com |
Business activity
The main business activity of Electromech Material Handling Systems (India) 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 Electromech Material Handling Systems (India) Private Limited, buy the company report.
Financials of Electromech Material Handling Systems (India) Private Limited
FY 2024 filings availableElectromech Material Handling Systems (India) Private Limited reported revenue of ₹697.21 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 12% growth in the latest year. EBITDA rose 4% 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 | ₹113.01 Cr | ||||
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| Net Profit (PAT) | ₹73.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | 10.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Electromech Material Handling Systems (India) Private Limited, buy the company report.
Board of directors of Electromech Material Handling Systems (India) Private Limited
Electromech Material Handling Systems (India) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Vinayak Mehendale Also directs: Nebbiolo Solutions LLP, Anay Agri Estates Private Limited, Electromech Cranes Private Limited and 5 more | Managing Director | 08 May 1996 | 30 Years 5 Months | Current |
| Awanti Tushar Mehendale Also directs: Nebbiolo Solutions LLP, Anay Agri Estates Private Limited, Electromech Cranes Private Limited and 5 more | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
| Charuchandra Ganesh Patankar | Director | 30 Jun 2012 | 14 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2023 | 100731964 | Axis Bank Limited | ₹2.5 Cr | Open | |
| 23 Mar 2023 | 100723466 | Hdfc Bank Limited | ₹1.1 Cr | Open | |
| 13 Mar 2023 | 100738222 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 30 Nov 2021 | 100506107 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Lakh | Open | |
| 30 Aug 2021 | 100482534 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Cr | Open |
To see the full charge records of Electromech Material Handling Systems (India) Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Electromech Material Handling Systems (India) Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹44.3 Cr; the latest was in March 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: Motilal Oswal Private Equity |
| Jul 2012 | Funding round | ₹17 Cr | Investors: Motilal Oswal Private Equity |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Motilal Oswal Private Equity Seller: an individual |
| May 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
To see the full deal history of Electromech Material Handling Systems (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Electromech Material Handling Systems (India) Private Limited has 13 court cases on record: 8 filed by Electromech Material Handling Systems (India), 5 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 2 |
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Echjay Industries Pvt Ltd Through Mr Udaey Sanghvi | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ishika Fertilizers Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Echjay Industries Pvt Ltd Through Mr Udaey Sanghvi | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Pranav Construction Systems Pvt. Ltd., | Disposed |
| District court, Central, Delhi | Criminal case | Filed by the company against Kriti Machinery Pvt Ltd and 1 other | Disposed |
To see the full case history of Electromech Material Handling Systems (India) Private Limited, 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.
Credit ratings & regulatory alerts
Electromech Material Handling Systems (India) Private Limited was last rated by Icra on 31 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Dec 2021 |
To see the full credit ratings and regulatory alerts of Electromech Material Handling Systems (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Electromech Material Handling Systems (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Electromech Material Handling Systems (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE2527J1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 24AABCE2527J1ZW | Gujarat | Active | 06 Aug 2024 |
To see the full GST registrations and return filing status of Electromech Material Handling Systems (India) Private Limited, buy the company report.
Recent activity
Electromech Material Handling Systems (India) Private Limited has 8 board changes on record since 1996: 3 appointments and 5 cessations. The latest: Prakash Manohar Kulkarni ceased to be Director on 06 Jan 2023.
22 earlier events are in the company report.
Frequently asked questions
Electromech Material Handling Systems (India) is an active private limited company based in Pune, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 08 May 1996 (30+ years old) and is registered under CIN U28160PN1996PTC099346.
Electromech Material Handling Systems (India) has 3 current directors:
- Tushar Vinayak Mehendale - Managing Director
- Awanti Tushar Mehendale - Director
- Charuchandra Ganesh Patankar - Director
The latest financial statements of Electromech Material Handling Systems (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Electromech Material Handling Systems (India) is 27AABCE2527J1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCE2527J1ZW (Gujarat).
The CIN (Corporate Identification Number) of Electromech Material Handling Systems (India) is U28160PN1996PTC099346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electromech Material Handling Systems (India) has 13 court cases on record: 8 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Electromech Material Handling Systems (India) was incorporated on 08 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
Electromech Material Handling Systems (India) has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹44.3 Cr; the latest was in March 2021.
Prakash Manohar Kulkarni ceased to be Director on 06 Jan 2023. Prakash Bagla ceased to be Director on 24 Sep 2020. Manojkumar Shivprasadji Kalani ceased to be Company Secretary on 09 Sep 2020. Electromech Material Handling Systems (India) has 8 board changes on record in total.
Electromech Material Handling Systems (India) can be reached through the website emech.com. Its registered office is in Pune, Maharashtra, India.