Elitech Machinery Private Limited
About Elitech Machinery Private Limited
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Elitech Machinery Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 20 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29304MH2019PTC327007. Its GSTIN is 27AAFCE5343J1ZI (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin Vasant Naik and Reshma Mangesh Mandhare.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.72 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹6.53 Lakh (net margin 3.8%) and EBITDA of ₹20.57 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 218% over three years and 50% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
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- Registered Address1st Floor Upper Office No 06, Ramkunj Chsl. Pokharan Road 1 Khopat, Thane, Maharashtra, India – 400601
- IndustryMachinery and Equipment, Process Machinery & Industrial 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 Elitech Machinery Private Limited
The main business activity of Elitech Machinery 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 |
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 Elitech Machinery Private Limited FY 2025 filings available
Elitech Machinery Private Limited reported revenue of ₹1.72 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elitech Machinery Private Limited
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 50%. EBITDA fell 41% 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 Elitech Machinery Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹20.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.53 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 Elitech Machinery Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 Elitech Machinery are in the company report.
Financial statements from FY 2020
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 Elitech Machinery Private Limited
Elitech Machinery Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purna Pro Enviro Engineers Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Indore, Madhya Pradesh, India |
| Dics Geepee Machines Private Limited | ₹1.73 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Merapath Technologies Private Limited | ₹1.73 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | New Delhi, Delhi, India |
| Om Trimurti Forge Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolhapur, Maharashtra, India |
| Nge Drillsol Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Mehsana, Gujarat, India |
| Elitech Machinery Private Limited this company | ₹1.72 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Thane, Maharashtra, India |
| Aradhy Weighing System Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Gwalior, Madhya Pradesh, India |
| Masterwings Machines Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Ballabgarh, Haryana, India |
| Chemtronics Technologies (India) Private Limited | ₹1.71 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Manleo Designs Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Bangalore, Karnataka, India |
| Revoinsol Private Limited | ₹1.71 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Elitech Machinery by revenue in the Machinery and Equipment industry (Process Machinery), 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 Elitech Machinery Private Limited
Elitech Machinery has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Vasant Naik | Director | 20 Jun 2019 | 7 Years 3 Months | Current |
| Reshma Mangesh Mandhare Also directs: Kolabidea Products Private Limited | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of Elitech Machinery 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 Elitech Machinery Private Limited
Elitech Machinery Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elitech Machinery Private Limited
Elitech Machinery Private Limited has a workforce of 4 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 Elitech Machinery Private Limited
Elitech Machinery Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Santosh Digambar Kund ceased to be Director on 04 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Elitech Machinery 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 Elitech Machinery 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 Elitech Machinery 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 Elitech Machinery Private Limited
Elitech Machinery has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE5343J1ZI | Maharashtra | Active | 04 Jul 2019 |
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 Elitech Machinery 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 Elitech Machinery Private Limited
Elitech Machinery is an active private limited company based in Thane, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 20 June 2019 (7+ years old) and is registered under CIN U29304MH2019PTC327007.
Elitech Machinery reported revenue of ₹1.72 Cr for FY 2025 (down 42% YoY).
Elitech Machinery has 2 current directors:
- Sachin Vasant Naik - Director
- Reshma Mangesh Mandhare - Director
Elitech Machinery reported a net profit of ₹6.53 Lakh (net margin 3.8%) and EBITDA of ₹20.57 Lakh (EBITDA margin 11.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elitech Machinery is 218% over three years and 50% over five years. In the latest year (FY 2025) revenue fell 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elitech Machinery is 27AAFCE5343J1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elitech Machinery is U29304MH2019PTC327007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elitech Machinery was incorporated on 20 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elitech Machinery by revenue are Purna Pro Enviro Engineers Private Limited, Dics Geepee Machines Private Limited, Merapath Technologies Private Limited, Om Trimurti Forge Private Limited, Nge Drillsol Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Santosh Digambar Kund ceased to be Director on 04 Sep 2022. Reshma Mangesh Mandhare was appointed as Director on 01 Aug 2022. Sayali Sanjay Kadam ceased to be Director on 19 Feb 2022. Elitech Machinery has 4 board changes on record in total.
Yes, Elitech Machinery is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).