Express Verticle Movements Private Limited
About Express Verticle Movements Private Limited
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Express Verticle Movements Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 08 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2010PTC061488. Its GSTIN is 24AACCE4962G1ZR (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Biharilal Shah and Biharilal Manilal Shah.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹20.63 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹59,212 (net margin -2.9%) and EBITDA of ₹46,132 (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 36% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Express Verticle Movements Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 3 – 006 Abhishek Flate Near Swaminarayan Temple Makrand Desai, Road, Vadodara, Gujarat, India – 390021
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Express Verticle Movements 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 Express Verticle Movements is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Express Verticle Movements Private Limited, buy the company report.
Financials of Express Verticle Movements Private Limited
FY 2020 filings availableExpress Verticle Movements Private Limited reported revenue of ₹20.63 Lakh (down 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 6% fall in the latest year. EBITDA rose 206% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹46,132 | ||||
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| Net Profit (PAT) | -₹59,212 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | -2.9% | ||||
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To see the full financial statements and ratios of Express Verticle Movements Private Limited, buy the company report.
Board of directors of Express Verticle Movements Private Limited
Express Verticle Movements 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 |
|---|---|---|---|---|
| Ashish Biharilal Shah | Director | 08 Jul 2010 | 16 Years 3 Months | Current |
| Biharilal Manilal Shah | Director | 01 Apr 2016 | 10 Years 6 Months | Current |
Peer comparison
Express Verticle Movements Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Liftway Elevators Private Limited | ₹20.71 Lakh (FY 2024) | 6.0% | Kolhapur, Maharashtra, India | |||
| Vitech Fabricators Private Limited | ₹20.71 Lakh (FY 2025) | -81.0% | Navi Mumbai, Maharashtra, India | |||
| Aromen Engineering Company Private Limited | ₹20.7 Lakh (FY 2024) | 21.0% | Coimbatore, Tamil Nadu, India | |||
| Ballius Power Solutions Private Limited | ₹20.68 Lakh (FY 2025) | 7094.0% | Nagpur, Maharashtra, India | |||
| H.M.Electricals Pvt Ltd | ₹20.66 Lakh (FY 2024) | 561.0% | Cuttack, Odisha, India | |||
| Express Verticle Movements Private Limitedthis company | ₹20.63 Lakh (FY 2020) | -₹59,212 | -2.9% | -6.0% | Vadodara, Gujarat, India | |
| Nisko Pinnacle Telematics Private Limited | ₹20.59 Lakh (FY 2025) | -36.0% | Coimbatore, Tamil Nadu, India | |||
| Photronix Led Lights Private Limited | ₹20.57 Lakh (FY 2021) | 449.0% | Nagpur, Maharashtra, India | |||
| Suhan Innovations Private Limited | ₹20.56 Lakh (FY 2025) | 496.0% | Hyderabad, Telangana, India | |||
| H H Engineers Private Limited | ₹20.55 Lakh (FY 2024) | 84.0% | Punab, Punjab, India | |||
| Elmeck Electricals Private Limited | ₹20.55 Lakh (FY 2025) | -58.0% | Delhi, India |
To see the full peer comparison of Express Verticle Movements Private Limited, buy the company report.
Auditor
Express Verticle Movements Private Limited is audited by THAKKAR VIPUL AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKKAR VIPUL AND ASSOCIATES | FY 2017 | 108150 |
Shareholding
The shareholding of Express Verticle Movements Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Express Verticle Movements Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Express Verticle Movements 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
No delayed payments to MSME suppliers are on our record for Express Verticle Movements Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Express Verticle Movements has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE4962G1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Express Verticle Movements Private Limited, buy the company report.
Recent activity
Express Verticle Movements Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Pratik Indravadan Shah ceased to be Director on 29 Apr 2016.
Frequently asked questions
Express Verticle Movements is an active private limited company based in Vadodara, Gujarat, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 08 July 2010 (16+ years old) and is registered under CIN U29100GJ2010PTC061488.
Express Verticle Movements has 2 current directors:
- Ashish Biharilal Shah - Director
- Biharilal Manilal Shah - Director
The latest financial statements of Express Verticle Movements on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Express Verticle Movements is 24AACCE4962G1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Express Verticle Movements is U29100GJ2010PTC061488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Express Verticle Movements was incorporated on 08 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Express Verticle Movements by revenue are Liftway Elevators Private Limited, Vitech Fabricators Private Limited, Aromen Engineering Company Private Limited, Ballius Power Solutions Private Limited, H.M.Electricals Pvt Ltd and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Pratik Indravadan Shah ceased to be Director on 29 Apr 2016. Biharilal Manilal Shah was appointed as Director on 01 Apr 2016. Ashish Biharilal Shah was appointed as Director on 08 Jul 2010.
The registered office of Express Verticle Movements is at D – 3 – 006 Abhishek Flate Near Swaminarayan Temple Makrand Desai, Road, Vadodara, Gujarat, India – 390021.
Express Verticle Movements operates in the electrical industry, in the electrical equipment segment.
The compliance status of Express Verticle Movements is active non-compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.