Electromech Material Handling Systems (India) Private Limited

Electromech Material Handling Systems (India) Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U28160PN1996PTC099346 Incorporated 08 May 1996 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2025
₹697.21 Cr
▲ 12% YoY
Net profit · FY 2025
₹73.67 Cr
Net margin 10.6%
EBITDA · FY 2025
₹113.01 Cr
EBITDA margin 16.2%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹4.6 Cr
Issued & subscribed
Open charges
₹208.95 Cr
Satisfied ₹166.8 Cr
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings

About Electromech Material Handling Systems (India) Private Limited

Data last updated:

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 12 cases involving the company, including 8 filed by the company and 3 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. Its 10 peer companies in the Machinery and Equipment industry (Material Handling Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Braithwaite & Co Ltd with revenue of ₹1,267.8 Cr.

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 of Electromech Material Handling Systems (India) Private Limited
CIN U28160PN1996PTC099346
Registration Number 099346
Incorporation Date 08 May 1996
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No.1 Gat No.316. At P Kasar Amboli Tal Mulshi Dist – Pune, Maharashtra, India – 412111
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment
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Financials, compliance, directors, charges, ownership and filings for Electromech Material Handling Systems (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Electromech Material Handling Systems (India) Private Limited

The main business activity of Electromech Material Handling Systems (India) is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Electromech Material Handling Systems (India) Private Limited FY 2024 filings available

Electromech Material Handling Systems (India) Private Limited reported revenue of ₹697.21 Cr (up 12% YoY) for FY 2025.

Revenue · FY 2025
₹697.21 Cr ▲ 12%
Net profit · FY 2025
₹73.67 Cr margin 10.6%
EBITDA · FY 2025
₹113.01 Cr margin 16.2%

Compounded Annual Growth Rate (CAGR) of Electromech Material Handling Systems (India) Private Limited

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 23%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 37%
5 years · compounded
▲ 47%

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 of Electromech Material Handling Systems (India) Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹113.01 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹73.67 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 Electromech Material Handling Systems (India) Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin16.2%••••••••••••••••
Net Profit Margin10.6%••••••••••••••••
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 Electromech Material Handling Systems (India) are in the company report.

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Financial statements from 2015

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Peer Comparison of Electromech Material Handling Systems (India) Private Limited

Electromech Material Handling Systems (India) Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Braithwaite & Co Ltd₹1,267.8 Cr (FY 2025)••••••••15.0%••••Kolkata, West Bengal, India
Ece Industries Limited₹902.72 Cr (FY 2025)••••••••23.0%••••Ghaziabad, Uttar Pradesh, India
Mitsubishi Elevator India Private Limited₹836.5 Cr (FY 2025)••••••••17.0%••••Kolar, Karnataka, India
Fujitec India Private Limited₹835.52 Cr (FY 2025)••••••••22.0%••••Kancheepuram, Tamil Nadu, India
Takraf India Private Limited₹706.46 Cr (FY 2022)••••••••71.0%••••Chennai, Tamil Nadu, India
Electromech Material Handling Systems (India) Private Limited this company₹697.21 Cr (FY 2025)••••••••12.0%••••Pune, Maharashtra, India
Kion India Private Limited₹692.9 Cr (FY 2025)••••••••11.0%••••Pune, Maharashtra, India
JCB Industries Private Limited₹639.24 Cr (FY 2025)••••••••75.0%••••New Delhi, Delhi, India
Manitou Equipment India Private Limited₹583.34 Cr (FY 2025)••••••••6.0%••••New Delhi, Delhi, India
Thejo Engineering Limited Listed₹562.63 Cr (FY 2024)••••••••••••Chennai, Tamil Nadu, India
Qlar Technology India Private Limited₹555.72 Cr (FY 2025)••••••••-17.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Electromech Material Handling Systems (India) by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Tushar Vinayak MehendaleManaging Director08 May 199630 Years 5 MonthsCurrent
Awanti Tushar MehendaleDirector23 Feb 20188 Years 7 MonthsCurrent
Charuchandra Ganesh PatankarDirector30 Jun 201214 Years 3 MonthsCurrent

Charges & Borrowings of Electromech Material Handling Systems (India) Private Limited

Open charges
₹208.95 Cr
Satisfied charges
₹166.8 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹91.95 Cr
The Hongkong and Shanghai Banking Corporation Limited₹84.50 Cr
Citi Bank N.A.₹30.00 Cr
Axis Bank Limited₹2.50 Cr
Latest charge details
DateLenderAmountStatus
09 May 2023Axis Bank Limited₹2.5 CrOpen
23 Mar 2023Hdfc Bank Limited₹1.1 CrOpen
13 Mar 2023The Hongkong and Shanghai Banking Corporation Limited₹20 CrOpen
30 Nov 2021The Hongkong and Shanghai Banking Corporation Limited₹50 LakhOpen
30 Aug 2021The Hongkong and Shanghai Banking Corporation Limited₹2 CrOpen

Total charge records: 15 View all charges

Deals & Funding of Electromech Material Handling Systems (India) Private Limited

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.

Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹44.3 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2021Secondary share transferUndisclosedSeller: Motilal Oswal Private Equity
Jul 2012Funding round₹17 CrInvestors: Motilal Oswal Private Equity
Jul 2012Secondary share transferUndisclosedBuyer: Motilal Oswal Private Equity
Seller: an individual
May 2009Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Aug 2008Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Electromech Material Handling Systems (India) Private Limited

Electromech Material Handling Systems (India) operates one associated brand: ElectroMech. Each brand links to its own profile.

BrandDescriptionWebsite
Industrial overhead cranes are manufactured for various sectors.emech.com

Employees and EPFO Compliance at Electromech Material Handling Systems (India) Private Limited

Employment history and EPFO contributions of people linked to Electromech Material Handling Systems (India).

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Employee and EPFO history

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CIN History of Electromech Material Handling Systems (India) Private Limited

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.

CINStatus
U28160PN1996PTC099346Current
U31109PN1996PTC099346Previous
U31109MH1996PTC099346Previous

Recent Activity on Electromech Material Handling Systems (India) Private Limited

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.

AGM
Electromech Material Handling Systems (India) Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 60.50 Cr registered on 29 Aug 2019 with Charge ID 100291432 was modified on 20 Jun 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 90.00 Cr registered on 07 Feb 2020 with Charge ID 100326482 was modified on 16 May 2024.
Filing
Electromech Material Handling Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100731964 was registered on 09 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100723466 was registered on 23 Mar 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 20.00 Cr with Charge ID 100738222 was registered on 13 Mar 2023.
Ceased
Prakash Manohar Kulkarni ceased to be Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.50 Cr with Charge ID 100506107 was registered on 30 Nov 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.00 Cr with Charge ID 100482534 was registered on 30 Aug 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100481951 was registered on 29 Jul 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100449654 was registered on 24 Mar 2021.

22 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Electromech Material Handling Systems (India) Private Limited

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MSME Payment Delays by Electromech Material Handling Systems (India) Private Limited

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Subsidiaries & Group Companies of Electromech Material Handling Systems (India) Private Limited

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GST Compliance of Electromech Material Handling Systems (India) Private Limited

Electromech Material Handling Systems (India) has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AABCE2527J1ZQMaharashtraActive01 Jul 2017
24AABCE2527J1ZWGujaratActive06 Aug 2024
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MCA Filings & Documents of Electromech Material Handling Systems (India) Private Limited

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Frequently Asked Questions about Electromech Material Handling Systems (India) Private Limited

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) reported revenue of ₹697.21 Cr for FY 2025 (up 12% YoY).

Electromech Material Handling Systems (India) has 3 current directors:

Electromech Material Handling Systems (India) reported a net profit of ₹73.67 Cr (net margin 10.6%) and EBITDA of ₹113.01 Cr (EBITDA margin 16.2%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Electromech Material Handling Systems (India) is 23% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.

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 12 court cases on record: 8 filed by the company and 3 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.

The peers of Electromech Material Handling Systems (India) by revenue are Braithwaite & Co Ltd, Ece Industries Limited, Mitsubishi Elevator India Private Limited, Fujitec India Private Limited, Takraf India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).

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