About Eurotec Engineering Solutions Private Limited
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Eurotec Engineering Solutions Private Limited is a private limited company based in Mumbai, 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 01 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29306MH2022PTC379849. Its GSTIN is 27AAGCE9717K1Z5 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Shrinivas Pannalal Shivhare (Managing Director) and Sandeep Pannalal Shivhare.
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 421 Arun Chambers 4th Floor Tardeo, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹61.85 Lakh (net margin 12.8%) and EBITDA of ₹82.11 Lakh (EBITDA margin 17%).
For more details, the company can be reached via its website eurotec.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address421 Arun Chambers 4th Floor Tardeo, Mumbai, Maharashtra, India – 400034
- 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 Eurotec Engineering Solutions Private Limited
The main business activity of Eurotec Engineering Solutions 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 Eurotec Engineering Solutions Private Limited FY 2025 filings available
Eurotec Engineering Solutions Private Limited reported revenue of ₹4.82 Cr (up 3005468% YoY) for FY 2024.
Financial Statement Summary of Eurotec Engineering Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹82.11 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹61.85 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 Eurotec Engineering Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 17% | •••• |
| Net Profit Margin | 12.8% | •••• |
| 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 Eurotec Engineering Solutions are in the company report.
Financial statements from FY 2023
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 Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| High Precision Engineering Composites Private Limited | •••• | •••• | •••• | •••• | 101 | Hyderabad, Telangana, India |
| Ark Engineering and Power Consultants Private Limited | •••• | •••• | •••• | •••• | - | Trichy, Tamil Nadu, India |
| Karmaa S R Consultants Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Steelcube Engineering Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Neo-Citadel Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Eurotec Engineering Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Effixon Engineering Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Embesys Innovative Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Ana Design Studio Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Macbro Technology India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ardanuy India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Eurotec Engineering Solutions by revenue in the Engineering industry (Engineering Design), 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 Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions Private Limited is audited by Mr. Ketan Meghani for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mr. Ketan Meghani | 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 Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrinivas Pannalal Shivhare | Managing Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Sandeep Pannalal Shivhare | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Ramnivas Pannalal Shivhare | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of Eurotec Engineering Solutions 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 Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eurotec Engineering Corporation Private Limited | •••• | •••• | •••• |
| Sharp Designers and Engineers India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions Private Limited has a workforce of 0 employees as of Mar 29, 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.
News related to Eurotec Engineering Solutions Private Limited
Recent Activity on Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Shrinivas Pannalal Shivhare ceased to be Director on 27 Feb 2023.
Credit Ratings, Litigation & Regulatory Alerts for Eurotec Engineering Solutions 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.
Subsidiaries & Group Companies of Eurotec Engineering Solutions 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 Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCE9717K1Z5 | Maharashtra | Active | 01 Jul 2022 |
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 Eurotec Engineering Solutions 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 Eurotec Engineering Solutions Private Limited
Eurotec Engineering Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 01 April 2022 (4+ years old) and is registered under CIN U29306MH2022PTC379849.
Eurotec Engineering Solutions reported revenue of ₹4.82 Cr for FY 2024 (up 3005468% YoY).
Eurotec Engineering Solutions has 3 current directors:
- Shrinivas Pannalal Shivhare - Managing Director
- Sandeep Pannalal Shivhare - Director
- Ramnivas Pannalal Shivhare - Director
Eurotec Engineering Solutions reported a net profit of ₹61.85 Lakh (net margin 12.8%) and EBITDA of ₹82.11 Lakh (EBITDA margin 17%) for FY 2024, as per its filed financial statements.
The GSTIN of Eurotec Engineering Solutions is 27AAGCE9717K1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Eurotec Engineering Solutions is U29306MH2022PTC379849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eurotec Engineering Solutions was incorporated on 01 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Eurotec Engineering Solutions by revenue are High Precision Engineering Composites Private Limited, Ark Engineering and Power Consultants Private Limited, Karmaa S R Consultants Private Limited, Steelcube Engineering Private Limited, Neo-Citadel Private Limited and 5 more, all in the Engineering industry (Engineering Design).
Shrinivas Pannalal Shivhare ceased to be Director on 27 Feb 2023. Ramnivas Pannalal Shivhare was appointed as Director on 01 Apr 2022. Sandeep Pannalal Shivhare was appointed as Director on 01 Apr 2022. Eurotec Engineering Solutions has 4 board changes on record in total.
Yes, Eurotec Engineering Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Eurotec Engineering Solutions has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Eurotec Engineering Solutions can be reached through the website eurotec.in. Its registered office is in Mumbai, Maharashtra, India.