MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0045894
Fitech Equipments(India)Pvt Ltd - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.25 Cr
▲ 5% YoY
Net profit · FY 2024
₹1.33 Cr
Net margin 13%
EBITDA · FY 2024
₹1.73 Cr
EBITDA margin 16.9%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹24.9 Lakh
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹24.49 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
42
Provident fund records
About Fitech Equipments(India)Pvt Ltd
Data last updated:
Fitech Equipments(India)Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 17 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29193MH1986PTC040422. Its GSTIN is 27AAACF0502F1ZC (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹24.9 Lakh. It is led by directors including Bharat Jayantilal Shah (Managing Director) and Ashok Jayantilal Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 Champaklal Industrial Estate Sion – East, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.25 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Cr (net margin 13%) and EBITDA of ₹1.73 Cr (EBITDA margin 16.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹24.49 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Fitech Equipments(India)Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0045894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitech-india.com.
Company details
CIN U29193MH1986PTC040422
Registration Number 040422
Incorporation Date 17 July 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0045894
Key People
Bharat Jayantilal Shah Managing Director Ashok Jayantilal Shah Whole-Time Director Nirali Mitul Shah Director Recognitions & Rankings of Fitech Equipments(India)
Contact details
Fitech Equipments(India)Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is fitech-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4 Champaklal Industrial Estate Sion – East, Mumbai, Maharashtra, India – 400022
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Fitech Equipments(India)Pvt Ltd, buy the company report.
Comprehensive company report
Fitech Equipments(India)Pvt Ltd - one report that includes everything
- 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
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Business activity
The main business activity of Fitech Equipments(India) 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 Fitech Equipments(India)Pvt Ltd, buy the company report.
Financials of Fitech Equipments(India)Pvt Ltd
FY 2024 filings availableFitech Equipments(India)Pvt Ltd reported revenue of ₹10.25 Cr (up 5% YoY) for FY 2024.
Revenue · FY 2024
₹10.25 Cr ▲ 5%
Net profit · FY 2024
₹1.33 Cr margin 13%
EBITDA · FY 2024
₹1.73 Cr margin 16.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 8%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 35%
5 years · compounded
▼ 1%
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.33 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.9% | ||||
| Net Profit Margin | 13% | ||||
| 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 Fitech Equipments(India)Pvt Ltd, buy the company report.
Board of directors of Fitech Equipments(India)Pvt Ltd
Fitech Equipments(India) has 7 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Jayantilal Shah | Managing Director | 17 Jul 1986 | 40 Years 3 Months | Current |
| Ashok Jayantilal Shah | Whole-Time Director | 17 Jul 1986 | 40 Years 3 Months | Current |
| Nirali Mitul Shah | Director | 28 Dec 2017 | 8 Years 9 Months | Current |
| Milind Ashok Shah | Director | 17 Mar 2014 | 12 Years 7 Months | Current |
| Mitul Bharat Shah | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Leena Bharat Shah | Director | 28 Dec 2017 | 8 Years 9 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Fitech Equipments(India)Pvt Ltd is audited by Deepak N. Shah & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deepak N. Shah & Co. | FY 2024 | 116465W |
Shareholding
The shareholding of Fitech Equipments(India)Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Fitech Equipments(India)Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹24.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2023 | 100783077 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 31 May 2021 | 100452667 | Hdfc Bank Limited | ₹24 Cr | Open | |
| 21 Dec 2015 | 10612124 | Others | ₹90.46 Lakh | Satisfied | |
| 28 Oct 2011 | 10317490 | Bank of Baroda | ₹14.85 Cr | Satisfied | |
| 25 Mar 2009 | 10154991 | Bank of Baroda | ₹7.5 Cr | Satisfied |
To see the full charge records of Fitech Equipments(India)Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Fitech Equipments(India)Pvt Ltd has 1 court case on record: 1 filed by Fitech Equipments(India). All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against an individual | Disposed |
To see the full case history of Fitech Equipments(India)Pvt Ltd, buy the company report.
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.
MSME payment delays
Fitech Equipments(India)Pvt Ltd has 5 MSME Form 1 returns on record between 2019 and 2021, listing 67 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Adony Instrument Maintenance & Erection Techs Private Limited | |||
| an individual supplier | |||
| Pinnacle Industrial Controls Private Limited | |||
| Sudhir Switchgears Private Limited | |||
| Brilliant Industries |
To see the full MSME payment records of Fitech Equipments(India)Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fitech Equipments(India)Pvt Ltd has a workforce of 42 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
Employee count
42
Active EPFO establishments
1
GST
Fitech Equipments(India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF0502F1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fitech Equipments(India)Pvt Ltd, buy the company report.
Recent activity
Fitech Equipments(India)Pvt Ltd has 7 board changes on record since 1986: 7 appointments. The latest: Bansri Milind Shah was appointed as Director on 15 Nov 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 600.00 Lakh registered on 07 Aug 2023 with Charge ID 100783077 was modified on 17 Oct 2025.
Appointed
Bansri Milind Shah was appointed as Director.
AGM
Fitech Equipments(India)Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 21 Dec 2015 via Charge ID 10612124 with Others was fully satisfied on 07 Aug 2024.
Filing
Fitech Equipments(India)Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 2,400.00 Lakh registered on 31 May 2021 with Charge ID 100452667 was modified on 08 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 600.00 Lakh with Charge ID 100783077 was registered on 07 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,400.00 Lakh with Charge ID 100452667 was registered on 31 May 2021.
Charges
A charge with Others of Rs. 90.46 Lakh registered on 21 Dec 2015 with Charge ID 10612124 was modified on 15 Jul 2020.
Appointed
Leena Bharat Shah was appointed as Director.
Appointed
Nirali Mitul Shah was appointed as Director.
Appointed
Mitul Bharat Shah was appointed as Director.
12 earlier events are in the company report.
Frequently asked questions
Fitech Equipments(India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 17 July 1986 (40+ years old) and is registered under CIN U29193MH1986PTC040422.
Fitech Equipments(India) has 7 current directors:
- Bharat Jayantilal Shah - Managing Director
- Ashok Jayantilal Shah - Whole-Time Director
- Nirali Mitul Shah - Director
- Milind Ashok Shah - Director
- Mitul Bharat Shah - Director
- Leena Bharat Shah - Director
- Bansri Milind Shah - Director
The latest financial statements of Fitech Equipments(India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fitech Equipments(India) is 27AAACF0502F1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Fitech Equipments(India) is U29193MH1986PTC040422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitech Equipments(India) has 1 court case on record: 1 filed by the company.
Fitech Equipments(India) was incorporated on 17 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Bansri Milind Shah was appointed as Director on 15 Nov 2024. Leena Bharat Shah was appointed as Director on 28 Dec 2017. Nirali Mitul Shah was appointed as Director on 28 Dec 2017. Fitech Equipments(India) has 7 board changes on record in total.
Yes, Fitech Equipments(India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0045894).
Fitech Equipments(India) has 5 MSME Form 1 returns on record between 2019 and 2021, listing 67 overdue payments to 12 micro and small suppliers. The latest return was filed on 08 Sep 2021.
Fitech Equipments(India) can be reached through the website fitech-india.com. Its registered office is in Mumbai, Maharashtra, India.