About Et Elevator Technologies Private Limited
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Et Elevator Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 26 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29150GJ2009PTC058431. Its GSTIN is 24AACCE2757K1ZL (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prasad Sadanand Kadam and Umakant Vishnukant Sharma.
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 16 Girivan Society Old Padra Road, Vadodara, Gujarat, India – 390015.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.04 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹14.26 Lakh (net margin -7%) and EBITDA of -₹9.99 Lakh (EBITDA margin -4.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website etelevators.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address16 Girivan Society Old Padra Road, Vadodara, Gujarat, India – 390015
- 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 Et Elevator Technologies Private Limited
The main business activity of Et Elevator Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Et Elevator Technologies Private Limited FY 2025 filings available
Et Elevator Technologies Private Limited reported revenue of ₹2.04 Cr (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Et Elevator Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 40% fall in the latest year. EBITDA fell 193% 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 Et Elevator Technologies 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 | -₹9.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.26 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 Et Elevator Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7% | •••• | •••• | •••• | •••• |
| 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 Et Elevator Technologies are in the company report.
Financial statements from 2015
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 Et Elevator Technologies Private Limited
Et Elevator Technologies 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sree Mahalakshmi Earth Movers Private Limited | ₹2.11 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Legend Lifts India Private Limited | ₹2.11 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Supremetech Elevators Private Limited | ₹2.1 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Sve Engineers Private Limited | ₹2.1 Cr (FY 2022) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Vishal Conveyor Systems Private Limited | ₹2.06 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Et Elevator Technologies Private Limited this company | ₹2.04 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Vadodara, Gujarat, India |
| Comfort Elevators Private Limited | ₹2.04 Cr (FY 2025) | •••• | •••• | 171.0% | •••• | Bharuch, Gujarat, India |
| VRS Elevators Private Limited | ₹2.04 Cr (FY 2022) | •••• | •••• | 175.0% | •••• | Mumbai, Maharashtra, India |
| A-Star Elevator Private Limited | ₹2.02 Cr (FY 2023) | •••• | •••• | 228.0% | •••• | Pune, Maharashtra, India |
| Sark Pack Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Almas Lifts Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Et Elevator Technologies 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.
Auditor Details of Et Elevator Technologies Private Limited
Et Elevator Technologies Private Limited is audited by N P SHAH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N P SHAH & CO | 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 Et Elevator Technologies Private Limited
Et Elevator Technologies 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 |
|---|---|---|---|---|
| Prasad Sadanand Kadam | Director | 26 Oct 2009 | 16 Years 11 Months | Current |
| Umakant Vishnukant Sharma Also directs: Shinex Nidhi Limited | Director | 26 Oct 2009 | 16 Years 11 Months | Current |
| Mahesh Patil | Director | 15 Mar 2011 | 15 Years 6 Months | Current |
| Bhaskar Shamrao Mahajan | Director | 15 Mar 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Et Elevator Technologies 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 Et Elevator Technologies Private Limited
Et Elevator Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Et Elevator Technologies Private Limited
Et Elevator Technologies Private Limited has a workforce of 22 employees as of Mar 23, 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 Et Elevator Technologies Private Limited
Et Elevator Technologies Private Limited has 5 board changes on record since 2009: 4 appointments and 1 cessation. The latest: Bhaskar Shamrao Mahajan was appointed as Director on 15 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Et Elevator Technologies 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 Et Elevator Technologies 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 Et Elevator Technologies 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 Et Elevator Technologies Private Limited
Et Elevator Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE2757K1ZL | Gujarat | Active | 01 Jul 2017 |
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 Et Elevator Technologies 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 Et Elevator Technologies Private Limited
Et Elevator Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 26 October 2009 (17+ years old) and is registered under CIN U29150GJ2009PTC058431.
Et Elevator Technologies reported revenue of ₹2.04 Cr for FY 2024 (down 40% YoY).
Et Elevator Technologies has 4 current directors:
- Prasad Sadanand Kadam - Director
- Umakant Vishnukant Sharma - Director
- Mahesh Patil - Director
- Bhaskar Shamrao Mahajan - Director
Et Elevator Technologies reported a net loss of ₹14.26 Lakh (net margin -7%) and EBITDA of -₹9.99 Lakh (EBITDA margin -4.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Et Elevator Technologies is -2% over three years and -2% over five years. In the latest year (FY 2024) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Et Elevator Technologies is 24AACCE2757K1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Et Elevator Technologies is U29150GJ2009PTC058431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Et Elevator Technologies was incorporated on 26 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Et Elevator Technologies by revenue are Sree Mahalakshmi Earth Movers Private Limited, Legend Lifts India Private Limited, Supremetech Elevators Private Limited, Sve Engineers Private Limited, Vishal Conveyor Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Bhaskar Shamrao Mahajan was appointed as Director on 15 Mar 2011. Mahesh Patil was appointed as Director on 15 Mar 2011. Tarun Sheth ceased to be Director on 15 Mar 2011. Et Elevator Technologies has 5 board changes on record in total.
Et Elevator Technologies can be reached through the website etelevators.com. Its registered office is in Vadodara, Gujarat, India.