
About Finecho Engineering Private Limited
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Finecho Engineering Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Echo Engineering Oy. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 14 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019FTC127116. Its GSTIN is 29AADCF8269J1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anil Talwani and Mavanur Venkatachala Sampath Kumar Iyengar.
Its last annual general meeting (AGM) was held on 25 March 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 496/4 2nd Floor 10th Cross Near Bashyam Circle Sadashivanagar, Bengaluru, Karnataka, India – 560080.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.22 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹93.24 Lakh (net margin 11.3%) and EBITDA of ₹1.59 Cr (EBITDA margin 19.3%). Revenue has grown at a compounded annual rate (CAGR) of 124% over three years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FinECHO.
For more details, the company can be reached via its website finecho.net.
Company details
Contact details
Finecho Engineering Private Limited's registered office is in Bengaluru, Karnataka. Its website is finecho.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address496/4 2nd Floor 10th Cross Near Bashyam Circle Sadashivanagar, Bengaluru, Karnataka, India – 560080
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Finecho Engineering 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
Brands
Finecho Engineering operates one associated brand: FinECHO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering services in heavy engineering, ship design, industrial software, and plant engineering based in Bangalore. | finecho.net |
Financials of Finecho Engineering Private Limited
FY 2024 filings availableFinecho Engineering Private Limited reported revenue of ₹8.22 Cr (up 25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 124% over three years, including 25% growth in the latest year. EBITDA fell 15% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.22 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.59 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹93.24 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 19.3% | |||
| Net Profit Margin | 11.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Finecho Engineering Private Limited, buy the company report.
Board of directors of Finecho Engineering Private Limited
Finecho Engineering has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Talwani Also directs: Fill Finn Private Limited | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Mavanur Venkatachala Sampath Kumar Iyengar | Director | 09 Jun 2022 | 4 Years 5 Months | Current |
| Teemu Viherva Also directs: Fill Finn Private Limited | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Tuomas Vilhelm Kaitila Also directs: Fill Finn Private Limited | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Finecho Engineering Private Limited is compared with the 6 companies closest to it by revenue in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finecho Engineering Private Limitedthis company | ₹8.22 Cr (FY 2023) | ₹93.24 Lakh | 11.3% | 25.0% | Bengaluru, Karnataka, India | |
| Qualstruct Engineering Solutions Private Limited | ₹6.62 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Odra Associates Private Limited | ₹6.59 Cr (FY 2025) | 99.0% | Bhubaneswar, Odisha, India | |||
| Sun & Jay Engineering Consultants Private Limited | ₹6.51 Cr (FY 2024) | 39.0% | Chennai, Tamil Nadu, India | |||
| Audi Stadia Consultants Private Limited | ₹6.51 Cr (FY 2025) | 18.0% | Kanpur, Uttar Pradesh, India | |||
| Mody Decora and Stones Private Limited | ₹6.48 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Exint Solutions Private Limited | ₹6.47 Cr (FY 2024) | -14.0% | New Delhi, Delhi, India |
To see the full peer comparison of Finecho Engineering Private Limited, buy the company report.
Auditor
Finecho Engineering Private Limited is audited by Ishwar & Gopal for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ishwar & Gopal | FY 2023 | 001154S |
Shareholding
The shareholding of Finecho Engineering Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Finecho Engineering Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finecho Engineering 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
Finecho Engineering Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Syscraft Technologies LLP |
To see the full MSME payment records of Finecho Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Finecho Engineering has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF8269J1Z0 | Karnataka | Active | 29 Mar 2021 |
| 27AADCF8269J1Z4 | Maharashtra | Active | 03 Nov 2019 |
To see the full GST registrations and return filing status of Finecho Engineering Private Limited, buy the company report.
Recent activity
Finecho Engineering Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Shashidhar Seetharam Sharma ceased to be CEO on 12 Jan 2024.
Frequently asked questions
Finecho Engineering is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 14 August 2019 (7+ years old) and is registered under CIN U74999KA2019FTC127116.
Finecho Engineering has 4 current directors:
- Anil Talwani - Director
- Mavanur Venkatachala Sampath Kumar Iyengar - Director
- Teemu Viherva - Director
- Tuomas Vilhelm Kaitila - Director
The latest financial statements of Finecho Engineering on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 25 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Finecho Engineering is 29AADCF8269J1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCF8269J1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Finecho Engineering is U74999KA2019FTC127116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finecho Engineering was incorporated on 14 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Finecho Engineering by revenue are Qualstruct Engineering Solutions Private Limited, Odra Associates Private Limited, Sun & Jay Engineering Consultants Private Limited, Audi Stadia Consultants Private Limited, Mody Decora and Stones Private Limited and 1 more, all in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities).
Shashidhar Seetharam Sharma ceased to be CEO on 12 Jan 2024. Mavanur Venkatachala Sampath Kumar Iyengar ceased to be Additional Director on 24 Apr 2023. Mavanur Venkatachala Sampath Kumar Iyengar was appointed as Director on 09 Jun 2022. Finecho Engineering has 7 board changes on record in total.
Finecho Engineering has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 26 Oct 2023.
Finecho Engineering can be reached through the website finecho.net. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Finecho Engineering is at 4964 2nd Floor 10th Cross Near Bashyam Circle Sadashivanagar, Bengaluru, Karnataka, India – 560080.
Finecho Engineering operates in the engineering industry, in the engineering design and consultancy segment.

