About Flotech Engineering Private Limited
Data last updated:
Flotech Engineering Private Limited is a private limited company based in Kotda Sanghani, Gujarat, India. It operates in the industrial pumps and fluid systems segment of the machinery and industrial equipment sector. It was incorporated on 12 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31103GJ2001PTC039409. Its GSTIN is 24AAACF6928P1Z7 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mansukhbhai Laljibhai Suvagiya (Managing Director) and Kishorbhai Parbatbhai Radadiya.
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 Sur. No.277 Plot No.20 – 27 Rani Industrial Area Opp. Kaneria Oil Mill Shapar (Veraval), Kotda Sanghani, Gujarat, India – 360024.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.3 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹91.26 Lakh (net margin 1.7%) and EBITDA of ₹2.34 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
The company has about 107 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Flotech Pumps. As per MCA filings, the company has open charges of ₹17.97 Cr and satisfied charges of ₹14.48 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2020. Its 10 peer companies in the Machinery and Equipment industry (Pumps) are compared by revenue, 5 larger and 5 smaller; the largest is Perfect Stamping Private Limited with revenue of ₹61.33 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flotechpumps.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSur. No.277 Plot No.20 – 27 Rani Industrial Area Opp. Kaneria Oil Mill Shapar (Veraval), Kotda Sanghani, Gujarat, India – 360024
- IndustryMachinery and Equipment, Industrial Pumps & Fluid Systems
- 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
- One PDF report, delivered after checkout
Business Activity of Flotech Engineering Private Limited
The main business activity of Flotech Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Flotech Engineering Private Limited FY 2025 filings available
Flotech Engineering Private Limited reported revenue of ₹55.3 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Flotech Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 25% growth in the latest year. EBITDA rose 14% 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 Flotech Engineering Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹91.26 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 Flotech Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 Flotech Engineering are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Flotech Engineering Private Limited
Flotech Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Pumps). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perfect Stamping Private Limited | ₹61.33 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Rajkot, Gujarat, India |
| DMW Corporation India Private Limited | ₹60.25 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Khed, Maharashtra, India |
| Darling Pumps Private Limited | ₹59.3 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Kiron Hydraulic Needs Private Limited | ₹57.69 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Gebr. Becker India Vacuum Pumps Private Limited | ₹55.83 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Pune, Maharashtra, India |
| Flotech Engineering Private Limited this company | ₹55.3 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Kotda Sanghani, Gujarat, India |
| TMVT Industries Private Limited | ₹54.38 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Clyde Pumps India Private Limited | ₹52.85 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Hitec Pump Industries Private Limited | ₹52.57 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Navi Mumbai, Maharashtra, India |
| Peroni Pumps India Private Limited | ₹52.53 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Vadodara, Gujarat, India |
| Vijay Fire Vehicles and Pumps Limited | ₹51.08 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Flotech Engineering by revenue in the Machinery and Equipment industry (Pumps), 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 Flotech Engineering Private Limited
Flotech Engineering Private Limited is audited by R.P.C. & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.P.C. & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Flotech Engineering Private Limited
Flotech 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 |
|---|---|---|---|---|
| Kishorbhai Parbatbhai Radadiya | Director | 12 Apr 2001 | 25 Years 6 Months | Current |
| Kashyap Mansukhbhai Suvagiya Also directs: Flotech Sales LLP | Director | 29 Apr 2015 | 11 Years 5 Months | Current |
| Mansukhbhai Laljibhai Suvagiya Also directs: Flotech Sales LLP, Vishv Jalkranti Foundation | Managing Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Vinodkumar Kalabhai Asodariya | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
Ownership and Shareholding of Flotech Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Flotech Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2013 | Axis Bank Limited | ₹8.02 Cr | Open |
| 03 Jul 2013 | Axis Bank Limited | ₹9.95 Cr | Open |
| 09 Oct 2009 | Bank of Baroda | ₹7.06 Cr | Satisfied |
| 01 Oct 2009 | Bank of Baroda | ₹7.06 Cr | Satisfied |
| 18 Dec 2000 | Rajkot Peoples Co-Operative Bank Ltd | ₹35 Lakh | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Flotech Engineering Private Limited
Flotech Engineering Private Limited has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Manshukhbhai L Suvagiya Huf Seller: an individual |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2013 | Funding round | ₹40 Lakh | Investors: 3 individuals |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2013 | Funding round | ₹30 Lakh | Investors: Kishorbhai Parbatbhai Radadiya Huf, Vinodkumar Kalubhai Asodariya Huf, an individual |
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Flotech Engineering Private Limited
Flotech Engineering Private Limited has 4 court cases on record: 2 filed by Flotech Engineering, 2 filed against it. 1 case is pending and 3 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Sinha and Brothers | Pending |
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed by the company against Satishkumar Sinha of Sinha and Brothers | Disposed |
| District court, RAJKOT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Flotech Engineering Private Limited
Flotech Engineering operates one associated brand: Flotech Pumps. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of water pumps for agriculture, industrial, and domestic applications. | flotechpumps.com |
Employees and EPFO Compliance at Flotech Engineering Private Limited
Flotech Engineering Private Limited has a workforce of 107 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Flotech Engineering Private Limited
Flotech Engineering Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Kashyap Mansukhbhai Suvagiya ceased to be Director on 27 Feb 2019.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Flotech Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Flotech Engineering Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Flotech Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Flotech Engineering Private Limited
Flotech Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACF6928P1Z7 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Flotech Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Flotech Engineering Private Limited
Flotech Engineering is an active private limited company based in Kotda Sanghani, Gujarat, India. The company works in industrial pumps and fluid systems, within the machinery and equipment industry. It was incorporated on 12 April 2001 (25+ years old) and is registered under CIN U31103GJ2001PTC039409.
Flotech Engineering reported revenue of ₹55.3 Cr for FY 2024 (up 25% YoY).
Flotech Engineering has 4 current directors:
- Mansukhbhai Laljibhai Suvagiya - Managing Director
- Kishorbhai Parbatbhai Radadiya - Director
- Kashyap Mansukhbhai Suvagiya - Director
- Vinodkumar Kalabhai Asodariya - Director
Flotech Engineering reported a net profit of ₹91.26 Lakh (net margin 1.7%) and EBITDA of ₹2.34 Cr (EBITDA margin 4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flotech Engineering is 12% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flotech Engineering is 24AAACF6928P1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Flotech Engineering is U31103GJ2001PTC039409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flotech Engineering has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.
Flotech Engineering was incorporated on 12 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Flotech Engineering has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2020.
The peers of Flotech Engineering by revenue are Perfect Stamping Private Limited, DMW Corporation India Private Limited, Darling Pumps Private Limited, Kiron Hydraulic Needs Private Limited, Gebr. Becker India Vacuum Pumps Private Limited and 5 more, all in the Machinery and Equipment industry (Pumps).