About Elitec Elevators Private Limited
Data last updated:
Elitec Elevators Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC305819. Its GSTIN is 27AAECE9683Q1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shashi Devi Pratipal Singh and Keshvrajsingh Jagdish Rajput.
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 Shop – 33 Hari Mahal Chs, Plot No – 43 44 45 Sector – 5A New Panvel (E), Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.3 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹10.53 Lakh (net margin 8.1%) and EBITDA of ₹10.53 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 16% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website elitecelevators.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop – 33 Hari Mahal Chs, Plot No – 43 44 45 Sector – 5A New Panvel (E), Maharashtra, India – 410206
- 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
- One PDF report, delivered after checkout
Business Activity of Elitec Elevators Private Limited
The main business activity of Elitec Elevators is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elitec Elevators Private Limited FY 2025 filings available
Elitec Elevators Private Limited reported revenue of ₹1.3 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Elitec Elevators Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 24% growth in the latest year. EBITDA rose 43% 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 Elitec Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹10.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.53 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 of Elitec Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.1% | •••• | •••• | •••• | •••• |
| 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 Elitec Elevators are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Elitec Elevators Private Limited
Elitec Elevators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fine Elevators Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Rudraaya Automation Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Radha Road Maintainance Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Victorjet Lift (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Falcon Elevators India Private Limited | •••• | •••• | •••• | •••• | - | Edappally, Kerala, India |
| Elitec Elevators Private Limited this company | •••• | •••• | •••• | •••• | - | Panvel, Maharashtra, India |
| Srinath Elevators Private Limited | •••• | •••• | •••• | •••• | 41 | Vadodara, Gujarat, India |
| Vertipark Systems Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Pharmagrid Technical Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Standard Elevators and Escalator Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Al Jaber Heavy Lift & Transport (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Elitec Elevators by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Elitec Elevators Private Limited
Elitec Elevators Private Limited is audited by JIGNESH JAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JIGNESH JAIN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Elitec Elevators Private Limited
Elitec Elevators has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Devi Pratipal Singh | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
| Keshvrajsingh Jagdish Rajput | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
| Mohammd Tanvir | Additional Director | 23 Jan 2025 | 1 Years 8 Months | Current |
| Davis Thomas Thommana | Additional Director | 23 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Elitec Elevators Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elitec Elevators Private Limited
Elitec Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elitec Elevators Private Limited
Elitec Elevators Private Limited has a workforce of 8 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elitec Elevators Private Limited
Elitec Elevators Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Davis Thomas Thommana was appointed as Additional Director on 23 Jan 2025.
Credit Ratings, Litigation & Regulatory Alerts for Elitec Elevators Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elitec Elevators Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elitec Elevators Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elitec Elevators Private Limited
Elitec Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE9683Q1ZM | Maharashtra | Active | 17 Apr 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elitec Elevators Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elitec Elevators Private Limited
Elitec Elevators is an active private limited company based in Panvel, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 28 February 2018 (8+ years old) and is registered under CIN U74999MH2018PTC305819.
Elitec Elevators reported revenue of ₹1.3 Cr for FY 2024 (up 24% YoY).
Elitec Elevators has 4 current directors:
- Shashi Devi Pratipal Singh - Director
- Keshvrajsingh Jagdish Rajput - Director
- Mohammd Tanvir - Additional Director
- Davis Thomas Thommana - Additional Director
Elitec Elevators reported a net profit of ₹10.53 Lakh (net margin 8.1%) and EBITDA of ₹10.53 Lakh (EBITDA margin 8.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elitec Elevators is 33% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elitec Elevators is 27AAECE9683Q1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elitec Elevators is U74999MH2018PTC305819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elitec Elevators was incorporated on 28 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elitec Elevators by revenue are Fine Elevators Private Limited, Rudraaya Automation Private Limited, Radha Road Maintainance Private Limited, Victorjet Lift (OPC) Private Limited, Falcon Elevators India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Davis Thomas Thommana was appointed as Additional Director on 23 Jan 2025. Mohammd Tanvir was appointed as Additional Director on 23 Jan 2025. Keshvrajsingh Jagdish Rajput was appointed as Director on 28 Feb 2018. Elitec Elevators has 4 board changes on record in total.
Elitec Elevators can be reached through the website elitecelevators.com. Its registered office is in Panvel, Maharashtra, India.