MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0028696
Everest Instruments Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹131.71 Cr
▲ 36% YoY
Net profit · FY 2025
₹9.77 Cr
Net margin 7.4%
EBITDA · FY 2025
₹18.82 Cr
EBITDA margin 14.3%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹13.86 Cr
Issued & subscribed
Open charges
₹68.5 Cr
Satisfied ₹23.8 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
307
Provident fund records
About Everest Instruments Private Limited
Data last updated:
Everest Instruments Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32109GJ1999PTC036340. Its GSTIN is 24AAACE8378G1ZJ (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.86 Cr. It is led by directors including Ajitbhai Joitabhai Patel (Managing Director) and Deepkumar Ajitbhai Patel.
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 3 Times Corporate Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹131.71 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹9.77 Cr (net margin 7.4%) and EBITDA of ₹18.82 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company has about 307 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Everest Instruments. As per MCA filings, the company has open charges of ₹68.5 Cr and satisfied charges of ₹23.8 Cr on record. Court records list 20 cases involving the company, including 20 filed by the company; 6 cases are pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹76 Lakh; the latest was in September 2024. Its 10 peer companies in the Machinery and Equipment industry (Testing Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Baker Gauges India Private Limited with revenue of ₹154.83 Cr.
Everest Instruments Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0028696). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website everestinstruments.in.
Company Details of Everest Instruments Private Limited
CIN U32109GJ1999PTC036340
Registration Number 036340
Incorporation Date 28 July 1999
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-01-0028696
Key People
Ajitbhai Joitabhai Patel Managing Director Deepkumar Ajitbhai Patel Director Jay Parimalkumar Patel Director Recognitions & Rankings of Everest Instruments
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressEverest House – 3 Times Corporate Park, Thaltej Shilaj Road Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
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Associated Brands with Everest Instruments Private Limited
Everest Instruments operates one associated brand: Everest Instruments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality equipment for milk collection, testing, and food hygiene. | everestinstruments.in |
Business Activity of Everest Instruments Private Limited
The main business activity of Everest Instruments is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Everest Instruments Private Limited FY 2025 filings available
Everest Instruments Private Limited reported revenue of ₹131.71 Cr (up 36% YoY) for FY 2025.
Revenue · FY 2025
₹131.71 Cr ▲ 36%
Net profit · FY 2025
₹9.77 Cr margin 7.4%
EBITDA · FY 2025
₹18.82 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR) of Everest Instruments Private Limited
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 117%
3 years · compounded
▲ 13%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 36% growth in the latest year. EBITDA rose 117% 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 Everest Instruments 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 | ₹18.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.77 Cr | •••• | •••• | •••• | •••• |
| 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 Everest Instruments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.4% | •••• | •••• | •••• | •••• |
| 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 Everest Instruments are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Everest Instruments Private Limited
Everest Instruments has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepkumar Ajitbhai Patel | Director | 27 Jun 2024 | 2 Years 3 Months | Current |
| Jay Parimalkumar Patel Also directs: Yama Fabtex LLP, Nutracom Innovations Private Limited | Director | 27 Jun 2024 | 2 Years 3 Months | Current |
| Parimalkumar Joitabhai Patel Also directs: Sahjanand Capital Infrareality LLP, Yama Fabtex LLP, Nutracom Innovations Private Limited and 1 more | Director | 28 Jul 1999 | 27 Years 2 Months | Current |
| Ajitbhai Joitabhai Patel | Managing Director | 28 Jul 1999 | 27 Years 2 Months | Current |
Peer Comparison of Everest Instruments Private Limited
Everest Instruments Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Testing 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 |
|---|---|---|---|---|---|---|
| Baker Gauges India Private Limited | ₹154.83 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Schenck Rotec India Limited | ₹140.57 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Noida, Uttar Pradesh, India |
| Merlinhawk Aerospace Private Limited | ₹138.49 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Bengaluru, Karnataka, India |
| Gauges Bourdon (India) Pvt Ltd | ₹133.54 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Marposs India Private Limited | ₹132.57 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Everest Instruments Private Limited this company | ₹131.71 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Ahmedabad, Gujarat, India |
| Envea India Private Limited | ₹130.45 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Navi Mumbai, Maharashtra, India |
| Moog India Technology Center Private Limited | ₹130.26 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| GMR Agra Smart Meters Limited | ₹128.12 Cr (FY 2025) | •••• | •••• | 187203.0% | •••• | Gurgaon, Haryana, India |
| Eppeltone Engineers Limited | ₹125.74 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Baumer Technologies India Private Limited | ₹119.96 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Everest Instruments by revenue in the Machinery and Equipment industry (Testing 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 Everest Instruments Private Limited
Everest Instruments Private Limited is audited by J. T. Shah & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. T. Shah & 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 Everest Instruments Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Everest Instruments Private Limited
Open charges
₹68.5 Cr
Satisfied charges
₹23.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2021 | Others | ₹5 Cr | Open |
| 19 Apr 2011 | Hdfc Bank Limited | ₹63.5 Cr | Open |
| 18 Aug 2015 | Hdfc Bank Limited | ₹23 Cr | Satisfied |
| 06 Apr 2006 | Dena Bank | ₹36 Lakh | Satisfied |
| 30 Aug 2003 | Dena Bank | ₹19 Lakh | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Everest Instruments Private Limited
Everest Instruments Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹76 Lakh; the latest was in September 2024.
Total deals
9
Secondary share transfers
6
Funding rounds
3
Disclosed funding
₹76 Lakh
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| May 2013 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
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Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Everest Instruments Private Limited
Everest Instruments Private Limited has 20 court cases on record: 20 filed by Everest Instruments. 6 cases are pending and 14 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
20
Filed by the company
20
Pending
6
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 0 | 4 |
| District courts | 5 | 0 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against Govind Jee Dairymilk Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Govind Jee Dairymilk Private Limited | Disposed |
| District court, Mahesana, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against State of Rajasthan | Pending |
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Full case history
All 20 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Everest Instruments Private Limited
Everest Instruments Private Limited has a workforce of 307 employees as of Mar 30, 2024.
Employee count
307
Active EPFO establishments
1
Employee growth
-1.6%
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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 Everest Instruments Private Limited
Everest Instruments Private Limited has 9 board changes on record since 1999: 4 appointments and 5 cessations. The latest: Deepkumar Ajitbhai Patel ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 63.50 Cr registered on 19 Apr 2011 with Charge ID 10284242 was modified on 01 Dec 2025.
AGM
Everest Instruments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Everest Instruments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Deepkumar Ajitbhai Patel ceased to be Additional Director.
Ceased
Jay Parimalkumar Patel ceased to be Additional Director.
Appointed
Deepkumar Ajitbhai Patel was appointed as Director.
Appointed
Jay Parimalkumar Patel was appointed as Director.
Charges
A charge with Others of Rs. 5.00 Cr registered on 30 Mar 2021 with Charge ID 100430101 was modified on 20 Dec 2022.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100430101 was registered on 30 Mar 2021.
Charges
A charge registered on 18 Aug 2015 via Charge ID 10590041 with Hdfc Bank Limited was fully satisfied on 04 Jan 2021.
Ceased
Joitabhai Changanbhai Patel ceased to be Whole-Time Director.
Ceased
Parimalkumar Joitabhai Patel ceased to be Managing Director.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Everest Instruments Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Everest Instruments Private Limited
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MSME payment history
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Subsidiaries & Group Companies of Everest Instruments Private Limited
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Corporate group structure
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GST Compliance of Everest Instruments Private Limited
Everest Instruments has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE8378G1ZJ | Gujarat | Active | 01 Jul 2017 |
| 24AAACE8378G2ZI | Gujarat | Active | 01 Apr 2025 |
| 09AAACE8378G1ZB | Uttar Pradesh | Active | 25 Sep 2020 |
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GST registrations and filing compliance
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MCA Filings & Documents of Everest Instruments Private Limited
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MCA filings and documents
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Frequently Asked Questions about Everest Instruments Private Limited
Everest Instruments is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 28 July 1999 (27+ years old) and is registered under CIN U32109GJ1999PTC036340.
Everest Instruments reported revenue of ₹131.71 Cr for FY 2025 (up 36% YoY).
Everest Instruments has 4 current directors:
- Ajitbhai Joitabhai Patel - Managing Director
- Deepkumar Ajitbhai Patel - Director
- Jay Parimalkumar Patel - Director
- Parimalkumar Joitabhai Patel - Director
Everest Instruments reported a net profit of ₹9.77 Cr (net margin 7.4%) and EBITDA of ₹18.82 Cr (EBITDA margin 14.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Everest Instruments is 7% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Everest Instruments is 24AAACE8378G1ZJ, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACE8378G2ZI (Gujarat), 09AAACE8378G1ZB (Uttar Pradesh).
The CIN (Corporate Identification Number) of Everest Instruments is U32109GJ1999PTC036340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Everest Instruments has 20 court cases on record: 20 filed by the company. 6 are pending. Most are in the high courts.
Everest Instruments was incorporated on 28 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Everest Instruments has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹76 Lakh; the latest was in September 2024.
The peers of Everest Instruments by revenue are Baker Gauges India Private Limited, Schenck Rotec India Limited, Merlinhawk Aerospace Private Limited, Gauges Bourdon (India) Pvt Ltd, Marposs India Private Limited and 5 more, all in the Machinery and Equipment industry (Testing Equipment).