About Ermotec International Private Limited
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Ermotec International Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 13 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05150KA2002PTC030997. Its GSTIN is 29AABCE6451B2ZV (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2 Lakh. It was formerly known as Tracktechin International Private Limited. It is led by directors Sonal Mehul Gandhi and Mehul Indrakumar Gandhi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.05 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net profit of ₹65.16 Lakh (net margin 31.8%) and EBITDA of ₹1.85 Cr (EBITDA margin 90.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹46.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ermotec.com.
Company details
Contact details
Ermotec International Private Limited's registered office is in Bangalore, Karnataka. Its website is ermotec.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No. A – 1802 Miraya Rose By Ukn Apartments, Whitefield Main Road Siddapura, Bangalore, Karnataka, India – 560066
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Ermotec International 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 Ermotec International is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Ermotec International Private Limited, buy the company report.
Financials of Ermotec International Private Limited
FY 2025 filings availableErmotec International Private Limited reported revenue of ₹2.05 Cr (down 79% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 79% fall in the latest year. EBITDA rose 77% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.85 Cr | ||||
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| Net Profit (PAT) | ₹65.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 90.1% | ||||
| Net Profit Margin | 31.8% | ||||
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To see the full financial statements and ratios of Ermotec International Private Limited, buy the company report.
Board of directors of Ermotec International Private Limited
Ermotec International has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Mehul Gandhi Also directs: Verga Attachments Private Limited, Veerya Attachments Private Limited, Naman Vintrade Private Limited and 2 more | Director | 20 Jul 2005 | 21 Years 3 Months | Current |
| Mehul Indrakumar Gandhi | Director | 13 Sep 2002 | 24 Years 1 Months | Current |
Auditor
Ermotec International Private Limited is audited by N.N.YUVARAJ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.N.YUVARAJ & ASSOCIATES | FY 2023 | 005137S |
Shareholding
The shareholding of Ermotec International 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Ermotec International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2022 | 100564112 | Canara Bank | ₹30 Cr | Satisfied | |
| 31 Mar 2017 | 100148510 | Canara Bank | ₹1.8 Cr | Satisfied | |
| 14 Feb 2013 | 10411918 | Canara Bank | ₹15 Cr | Satisfied |
To see the full charge records of Ermotec International Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ermotec International 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
Ermotec International Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment 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 |
|---|---|---|---|
| Verga Attachments Private Limited |
To see the full MSME payment records of Ermotec International Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ermotec International has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE6451B2ZV | Karnataka | Active | 13 Jun 2019 |
To see the full GST registrations and return filing status of Ermotec International Private Limited, buy the company report.
Recent activity
Ermotec International Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Asger Abdullahbhai Faquih ceased to be Managing Director on 20 Apr 2020.
1 earlier event is in the company report.
Frequently asked questions
Ermotec International is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 13 September 2002 (24+ years old) and is registered under CIN U05150KA2002PTC030997.
Ermotec International has 2 current directors:
- Sonal Mehul Gandhi - Director
- Mehul Indrakumar Gandhi - Director
The latest financial statements of Ermotec International 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 Ermotec International is 29AABCE6451B2ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ermotec International is U05150KA2002PTC030997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ermotec International was incorporated on 13 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Asger Abdullahbhai Faquih ceased to be Managing Director on 20 Apr 2020. Sonal Mehul Gandhi was appointed as Director on 20 Jul 2005. Mehul Indrakumar Gandhi was appointed as Director on 13 Sep 2002.
Ermotec International has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 16 Sep 2020.
Ermotec International can be reached through the website ermotec.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ermotec International is at Unit No. A – 1802 Miraya Rose By Ukn Apartments, Whitefield Main Road Siddapura, Bangalore, Karnataka, India – 560066.
Ermotec International operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.