Gevas Elevator Private Limited

Gevas Elevator Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29241MH2009PTC196586 Incorporated 21 October 2009 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2017
₹26.49 Lakh
▼ 41% YoY
Net profit · FY 2017
₹41,274
Net margin 1.6%
EBITDA · FY 2017
₹3.58 Lakh
EBITDA margin 13.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
4
As per MCA filings

About Gevas Elevator Private Limited

Data last updated:

Gevas Elevator Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Gevas Holdings Private Limited. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 October 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29241MH2009PTC196586. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vilas Janardan Mhatre and Tanay Anand Bandekar.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Bldg. 6/313 Jogani Industrial Estate Complex V.N. Purav Marg Chunabhatti (East), Mumbai, Maharashtra, India – 400022.

As per the financials filed for FY 2017, the company reported a revenue of ₹26.49 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹41,274 (net margin 1.6%) and EBITDA of ₹3.58 Lakh (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.

As per MCA filings, the company has open charges of ₹15 Lakh on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website gevaselevator.com.

Company Details of Gevas Elevator Private Limited
CIN U29241MH2009PTC196586
Registration Number 196586
Incorporation Date 21 October 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Parent Company Gevas Holdings Private Limited
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Bldg. 6/313 Jogani Industrial Estate Complex V.N. Purav Marg Chunabhatti (East), Mumbai, Maharashtra, India – 400022
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment
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Financials, compliance, directors, charges, ownership and filings for Gevas Elevator Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Gevas Elevator Private Limited

The main business activities of Gevas Elevator are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, repair & installation of machinery & equipment, motor vehicles and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
CManufacturingC12Repair & installation of machinery & equipment, motor vehiclesLocked
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Financials of Gevas Elevator Private Limited FY 2017 filings available

Gevas Elevator Private Limited reported revenue of ₹26.49 Lakh (down 41% YoY) for FY 2017.

Revenue · FY 2017
₹26.49 Lakh ▼ 41%
Net profit · FY 2017
₹41,274 margin 1.6%
EBITDA · FY 2017
₹3.58 Lakh margin 13.5%

Compounded Annual Growth Rate (CAGR) of Gevas Elevator Private Limited

Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 204%
3 years · compounded
▲ 83%

Revenue fell 41% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 204% 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 Gevas Elevator Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹26.49 Lakh••••••••
Other Income••••••••••••
Total Revenue••••••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹3.58 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹41,274••••••••
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 Gevas Elevator Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin13.5%••••••••
Net Profit Margin1.6%••••••••
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 Gevas Elevator are in the company report.

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Financial statements from 2015

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Peer Comparison of Gevas Elevator Private Limited

Gevas Elevator Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
A2m Engineers Private Limited₹28.52 Lakh (FY 2023)••••••••66.0%••••Chennai City Corporation, Tamil Nadu, India
Forklift Care India Private Limited₹28.52 Lakh (FY 2025)••••••••-3.0%••••Taloja Midc, Panvel, Maharashtra, India
Tolfit Elevator India Private Limited₹28.38 Lakh (FY 2023)••••••••-39.0%••••Chennai, Tamil Nadu, India
Beco Lifts and Escalators Private Limited₹28.33 Lakh (FY 2025)••••••••378.0%••••Vishakhapatnam, Andhra Pradesh, India
Mithasi Lifts Private Limited₹28.02 Lakh (FY 2019)••••••••-28.0%••••Jaipur, Rajasthan, India
Gevas Elevator Private Limited this company₹26.49 Lakh (FY 2017)••••••••-41.0%••••Mumbai, Maharashtra, India
Yashica Elevators Private Limited₹26.31 Lakh (FY 2024)••••••••-62.0%••••Indore, Madhya Pradesh, India
Blu Engineers Private Limited₹25.97 Lakh (FY 2020)••••••••-5.0%••••Cuttack, Orissa, India
Prasad Pneucon Solution Private Limited₹24.61 Lakh (FY 2025)••••••••-72.0%••••Ahmedabad, Gujarat, India
S.Lift Engineering Private Limited₹24.6 Lakh (FY 2025)••••••••93.0%••••Jaipur, Rajasthan, India
Motive Elevator & Escalator (India) Private Limited₹24.3 Lakh (FY 2020)••••••••-52.0%••••Thiruvananthapuram, Kerala, India

Peers are the five companies nearest above and the five nearest below Gevas Elevator by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 Gevas Elevator Private Limited

Gevas Elevator Private Limited is audited by C. K. SHANBHAG & CO. for the financial year 2017.

NameStatusAppointment DateCessation Date
C. K. SHANBHAG & CO.LockedLockedLocked
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Board of Directors of Gevas Elevator Private Limited

Gevas Elevator has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vilas Janardan MhatreDirector21 Oct 200916 Years 11 MonthsCurrent
Tanay Anand BandekarDirector21 Oct 200916 Years 11 MonthsCurrent
Vikram Vilas MhatreDirector21 Oct 200916 Years 11 MonthsCurrent
Girish Vilas MhatreDirector21 Oct 200916 Years 11 MonthsCurrent

Ownership and Shareholding of Gevas Elevator Private Limited

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Charges & Borrowings of Gevas Elevator Private Limited

Open charges
₹15 Lakh
Satisfied charges
None
Breakdown by lending institutions
Bank of Maharashtra₹0.15 Cr
Latest charge details
DateLenderAmountStatus
31 May 2012Bank of Maharashtra₹15 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Gevas Elevator Private Limited

Employment history and EPFO contributions of people linked to Gevas Elevator.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Gevas Elevator Private Limited

Gevas Elevator Private Limited has 4 board changes on record since 2009: 4 appointments. The latest: Girish Vilas Mhatre was appointed as Director on 21 Oct 2009.

AGM
Gevas Elevator Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Gevas Elevator Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 15.00 Lakh with Charge ID 10361476 was registered on 31 May 2012.
Appointed
Girish Vilas Mhatre was appointed as Director.
Appointed
Tanay Anand Bandekar was appointed as Director.
Appointed
Vikram Vilas Mhatre was appointed as Director.
Appointed
Vilas Janardan Mhatre was appointed as Director.
Incorporation
21 Oct 2009
Gevas Elevator Private Limited was registered on 21 Oct 2009 with Roc Mumbai & aged 16 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Gevas Elevator Private Limited

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MSME Payment Delays by Gevas Elevator Private Limited

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Subsidiaries & Group Companies of Gevas Elevator Private Limited

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GST Compliance of Gevas Elevator Private Limited

Gevas Elevator has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Gevas Elevator Private Limited

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Frequently Asked Questions about Gevas Elevator Private Limited

Gevas Elevator is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 21 October 2009 (17+ years old) and is registered under CIN U29241MH2009PTC196586.

Gevas Elevator reported revenue of ₹26.49 Lakh for FY 2017 (down 41% YoY).

Gevas Elevator has 4 current directors:

Gevas Elevator reported a net profit of ₹41,274 (net margin 1.6%) and EBITDA of ₹3.58 Lakh (EBITDA margin 13.5%) for FY 2017, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Gevas Elevator is 5% over three years. In the latest year (FY 2017) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.

No. Gevas Elevator has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Gevas Elevator is U29241MH2009PTC196586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gevas Elevator was incorporated on 21 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Gevas Elevator by revenue are A2m Engineers Private Limited, Forklift Care India Private Limited, Tolfit Elevator India Private Limited, Beco Lifts and Escalators Private Limited, Mithasi Lifts Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).

Girish Vilas Mhatre was appointed as Director on 21 Oct 2009. Tanay Anand Bandekar was appointed as Director on 21 Oct 2009. Vikram Vilas Mhatre was appointed as Director on 21 Oct 2009. Gevas Elevator has 4 board changes on record in total.

Gevas Elevator can be reached through the website gevaselevator.com. Its registered office is in Mumbai, Maharashtra, India.

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