MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0072617
Eurotech Design Systems Private Limited - consumer electronics & durables in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.76 Cr
▲ 8% YoY
Net profit · FY 2025
₹29.81 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹1.12 Cr
EBITDA margin 7.1%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹20.75 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
26
Provident fund records
About Eurotech Design Systems Private Limited
Data last updated:
Eurotech Design Systems Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36100MH1988PTC048169. Its GSTIN is 27AAACE0333P1ZN (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Parmar Bros.Furnitech Private Limited. It is led by directors including Harshadkumar Labhshankar Mehta (Managing Director) and Vasant Ramjibhai Savla.
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 179/A MIDC Industrial Area Khairane, Navi Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.76 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹29.81 Lakh (net margin 1.9%) and EBITDA of ₹1.12 Cr (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 4% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Design Eurotech. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹20.75 Cr on record.
Eurotech Design Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0072617). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eurotechworld.com.
Company Details of Eurotech Design Systems Private Limited
CIN U36100MH1988PTC048169
Registration Number 048169
Incorporation Date 20 July 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0072617
Key People
Harshadkumar Labhshankar Mehta Managing Director Vasant Ramjibhai Savla Director Vishesh Vasant Savla Director Recognitions & Rankings of Eurotech Design Systems
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address179/A MIDC Industrial Area Khairane, Navi Mumbai, Maharashtra, India
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
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Associated Brands with Eurotech Design Systems Private Limited
Eurotech Design Systems operates one associated brand: Design Eurotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides office furniture and seating solutions via e-commerce website. | eurotechworld.com |
Business Activity of Eurotech Design Systems Private Limited
The main business activity of Eurotech Design Systems is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Eurotech Design Systems Private Limited FY 2025 filings available
Eurotech Design Systems Private Limited reported revenue of ₹15.76 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹15.76 Cr ▲ 8%
Net profit · FY 2025
₹29.81 Lakh margin 1.9%
EBITDA · FY 2025
₹1.12 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR) of Eurotech Design Systems Private Limited
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 20%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 19%
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 34% 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 Eurotech Design Systems 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 | ₹1.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.81 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 Eurotech Design Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 Eurotech Design Systems are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Eurotech Design Systems Private Limited
Eurotech Design Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasant Ramjibhai Savla | Director | 01 Oct 2007 | 19 Years 0 Months | Current |
| Vishesh Vasant Savla | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Harshadkumar Labhshankar Mehta Also directs: Kshipra Metafoam LLP, Worldtag Innovations Private Limited | Managing Director | 14 Dec 1989 | 36 Years 10 Months | Current |
Peer Comparison of Eurotech Design Systems Private Limited
Eurotech Design Systems Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zestar Invention Private Limited | ₹16.04 Cr (FY 2024) | •••• | •••• | 1237.0% | •••• | Nashik, Maharashtra, India |
| Decorative Interio Private Limited | ₹15.99 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Euroceil Systems Private Limited | ₹15.91 Cr (FY 2023) | •••• | •••• | 83.0% | •••• | Chennai, Tamil Nadu, India |
| Sri Budhaji Modular Private Limited | ₹15.78 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | Chennai, Tamil Nadu, India |
| Dhansri Infrax Private Limited | ₹15.78 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | New Delhi, Delhi, India |
| Eurotech Design Systems Private Limited this company | ₹15.76 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Navi Mumbai, Maharashtra, India |
| Milkin Edit Furniture Private Limited | ₹15.68 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Kaphaja Modular Furnitures Private Limited | ₹15.65 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Icmc Projects Private Limited | ₹15.64 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Ultimate Furniture Private Limited | ₹15.64 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Vivan Industries Private Limited | ₹15.54 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Angara, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Eurotech Design Systems by revenue in the Consumer Durables industry (Furniture), 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 Eurotech Design Systems Private Limited
Eurotech Design Systems Private Limited is audited by DALPAT DHOLARIA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DALPAT DHOLARIA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Eurotech Design Systems Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Eurotech Design Systems Private Limited
Open charges
₹5 Cr
Satisfied charges
₹20.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2025 | Others | ₹5 Cr | Open |
| 08 May 2024 | Others | ₹7 Cr | Satisfied |
| 18 Nov 2014 | Others | ₹5.5 Cr | Satisfied |
| 10 Mar 2011 | Indian Overseas Bank | ₹2.25 Cr | Satisfied |
| 21 Jul 2007 | Citibank N. A. | ₹3 Cr | Satisfied |
Total charge records: 6 View all charges
MSME Payment Delays by Eurotech Design Systems Private Limited
Eurotech Design Systems Private Limited has 4 MSME Form 1 returns on record between 2020 and 2022, listing 46 overdue payments to 5 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Response Fabrics (India) Private Limited | •••• | •••• | •••• |
| Polytech Millennium (India) Private Limited | •••• | •••• | •••• |
| Omega Packaging | •••• | •••• | •••• |
| Surya Furnitech Private Limited | •••• | •••• | •••• |
| Pfeda Synthetics Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
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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 Eurotech Design Systems Private Limited
Eurotech Design Systems Private Limited has a workforce of 26 employees as of Apr 07, 2024.
Employee count
26
Active EPFO establishments
1
Employee growth
23.81%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Eurotech Design Systems Private Limited
Eurotech Design Systems Private Limited has 6 board changes on record since 1989: 3 appointments and 3 cessations. The latest: Vishesh Vasant Savla ceased to be Additional Director on 28 Sep 2023.
AGM
Eurotech Design Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 18 Nov 2014 via Charge ID 10561025 with Others was fully satisfied on 21 Jun 2025.
Charges
A charge with Others of Rs. 500.00 Lakh registered on 23 Apr 2025 with Charge ID 101101105 was modified on 19 May 2025.
Charges
A charge registered on 08 May 2024 via Charge ID 100957116 with Others was fully satisfied on 19 May 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101101105 was registered on 23 Apr 2025.
Filing
Eurotech Design Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100957116 was registered on 08 May 2024.
Ceased
Vishesh Vasant Savla ceased to be Additional Director.
Ceased
Chimanlal Ramji Savla ceased to be Director.
Ceased
Mihir Dhirajlal Savla ceased to be Director.
Appointed
Vishesh Vasant Savla was appointed as Director.
Charges
A charge with Others of Rs. 550.00 Lakh registered on 18 Nov 2014 with Charge ID 10561025 was modified on 16 Aug 2017.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Eurotech Design Systems Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Eurotech Design Systems Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Eurotech Design Systems Private Limited
Eurotech Design Systems has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE0333P1ZN | Maharashtra | Active | 01 Jul 2017 |
| 29AAACE0333P1ZJ | Karnataka | Active | 06 Jul 2019 |
| 24AAACE0333P1ZT | Gujarat | Active | 27 Apr 2021 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Eurotech Design Systems Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Eurotech Design Systems Private Limited
Eurotech Design Systems is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 July 1988 (38+ years old) and is registered under CIN U36100MH1988PTC048169.
Eurotech Design Systems reported revenue of ₹15.76 Cr for FY 2025 (up 8% YoY).
Eurotech Design Systems has 3 current directors:
- Harshadkumar Labhshankar Mehta - Managing Director
- Vasant Ramjibhai Savla - Director
- Vishesh Vasant Savla - Director
Eurotech Design Systems reported a net profit of ₹29.81 Lakh (net margin 1.9%) and EBITDA of ₹1.12 Cr (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Eurotech Design Systems is 20% over three years and -4% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Eurotech Design Systems is 27AAACE0333P1ZN, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAACE0333P1ZJ (Karnataka), 24AAACE0333P1ZT (Gujarat).
The CIN (Corporate Identification Number) of Eurotech Design Systems is U36100MH1988PTC048169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eurotech Design Systems was incorporated on 20 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Eurotech Design Systems by revenue are Zestar Invention Private Limited, Decorative Interio Private Limited, Euroceil Systems Private Limited, Sri Budhaji Modular Private Limited, Dhansri Infrax Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
Vishesh Vasant Savla ceased to be Additional Director on 28 Sep 2023. Chimanlal Ramji Savla ceased to be Director on 31 Mar 2023. Mihir Dhirajlal Savla ceased to be Director on 31 Mar 2023. Eurotech Design Systems has 6 board changes on record in total.
Yes, Eurotech Design Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0072617).
Eurotech Design Systems has 4 MSME Form 1 returns on record between 2020 and 2022, listing 46 overdue payments to 5 micro and small suppliers. The latest return was filed on 06 May 2022.