About Genest Engineers Pvt Ltd
Data last updated:
Genest Engineers Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 December 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24259GJ1973PTC002448. Its GSTIN is 24AAACG5580A1Z3 (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Siddharth Narhari Mavalankar (Managing Director) and Ajay Balkrishna Mavlankar.
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 16 Maharastra Socellisebridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.77 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹14.83 Lakh (net margin -71.4%) and EBITDA of -₹12.33 Lakh (EBITDA margin -59.4%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 45% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Genest Engineers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website genestengineers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address16 Maharastra Socellisebridge, Ahmedabad, Gujarat, India – 380006
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
Associated Brands with Genest Engineers Pvt Ltd
Genest Engineers operates one associated brand: Genest Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of special purpose plants and equipment for chemicals, pharmaceuticals, agriculture, and aerospace sectors. | genestengineers.com |
Business Activity of Genest Engineers Pvt Ltd
The main business activity of Genest Engineers 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.
Auditor Details of Genest Engineers Pvt Ltd
Genest Engineers Pvt Ltd is audited by DHIRAJLAL SHAH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DHIRAJLAL SHAH & 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 Genest Engineers Pvt Ltd
Genest Engineers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Balkrishna Mavlankar | Director | 19 Mar 2001 | 25 Years 6 Months | Current |
| Chitrarekha Siddharth Mavalankar | Director | 01 Aug 1996 | 30 Years 2 Months | Current |
| Siddharth Narhari Mavalankar | Managing Director | 22 Mar 1988 | 38 Years 6 Months | Current |
Financials of Genest Engineers Pvt Ltd FY 2024 filings available
Genest Engineers Pvt Ltd reported revenue of ₹20.77 Lakh (down 97% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Genest Engineers Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 97% fall in the latest year. EBITDA rose 75% 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 Genest Engineers Pvt Ltd
| 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 | -₹12.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.83 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 Genest Engineers Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -59.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -71.4% | •••• | •••• | •••• | •••• |
| 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 Genest Engineers 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.
Ownership and Shareholding of Genest Engineers Pvt Ltd
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 Genest Engineers Pvt Ltd
Genest Engineers Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Genest Engineers Pvt Ltd
Genest Engineers Pvt Ltd has a workforce of 1 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.
GST Compliance of Genest Engineers Pvt Ltd
Genest Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG5580A1Z3 | 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.
Credit Ratings, Litigation & Regulatory Alerts for Genest Engineers Pvt Ltd
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 Genest Engineers Pvt Ltd
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 Genest Engineers Pvt Ltd
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.
MCA Filings & Documents of Genest Engineers Pvt Ltd
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.
Recent Activity on Genest Engineers Pvt Ltd
Frequently Asked Questions about Genest Engineers Pvt Ltd
Genest Engineers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 22 December 1973 (53+ years old) and is registered under CIN U24259GJ1973PTC002448.
Genest Engineers reported revenue of ₹20.77 Lakh for FY 2024 (down 97% YoY).
Genest Engineers has 3 current directors:
- Siddharth Narhari Mavalankar - Managing Director
- Ajay Balkrishna Mavlankar - Director
- Chitrarekha Siddharth Mavalankar - Director
Genest Engineers reported a net loss of ₹14.83 Lakh (net margin -71.4%) and EBITDA of -₹12.33 Lakh (EBITDA margin -59.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Genest Engineers is -60% over three years and -45% over five years. In the latest year (FY 2024) revenue fell 97%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Genest Engineers is 24AAACG5580A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Genest Engineers is U24259GJ1973PTC002448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genest Engineers was incorporated on 22 December 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Genest Engineers can be reached through the website genestengineers.com. Its registered office is in Ahmedabad, Gujarat, India.