MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-17-0021889
Gusto Utility Products Private Limited - information technology in Palghar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.62 Lakh
▼ 41% YoY
Net loss · FY 2025
₹9.91 Lakh
Net margin -16.4%
EBITDA · FY 2025
-₹5.74 Lakh
EBITDA margin -9.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.09 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
About Gusto Utility Products Private Limited
Data last updated:
Gusto Utility Products Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 20 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC253457. Its GSTIN is 27AAFCG5368M1Z1 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Uttara Shukla and Priya Praful Mhatre.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 20 Landmark Cooperative Housing Society Near Vijiya Bank Mahim Road, Palghar, Maharashtra, India – 401404.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.62 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹9.91 Lakh (net margin -16.4%) and EBITDA of -₹5.74 Lakh (EBITDA margin -9.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.
The company is associated with 1 brand: Gusto Controls. As per MCA filings, the company has open charges of ₹1.09 Cr on record.
Gusto Utility Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0021889). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gustocontrols.com.
Company details
CIN U74999MH2014PTC253457
Registration Number 253457
Incorporation Date 20 February 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-17-0021889
Recognitions & Rankings of Gusto Utility Products
Contact details
Gusto Utility Products Private Limited's registered office is in Palghar, Maharashtra. Its website is gustocontrols.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address20 Landmark Cooperative Housing Society Near Vijiya Bank Mahim Road, Palghar, Maharashtra, India – 401404
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Gusto Utility Products Private Limited, buy the company report.
Comprehensive company report
Gusto Utility Products Private Limited - 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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Brands
Gusto Utility Products operates one associated brand: Gusto Controls. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides embedded control systems, hardware design, and manufacturing for industrial equipment. | gustocontrols.com |
Business activity
The main business activity of Gusto Utility Products is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Gusto Utility Products Private Limited, buy the company report.
Financials of Gusto Utility Products Private Limited
FY 2023 filings availableGusto Utility Products Private Limited reported revenue of ₹60.62 Lakh (down 41% YoY) for FY 2025.
Revenue · FY 2025
₹60.62 Lakh ▼ 41%
Net loss · FY 2025
₹9.91 Lakh margin -16.4%
EBITDA · FY 2025
-₹5.74 Lakh margin -9.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 19%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 118%
3 years · compounded
▼ 125%
5 years · compounded
▼ 129%
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 118% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.91 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.5% | ||||
| Net Profit Margin | -16.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Gusto Utility Products Private Limited, buy the company report.
Board of directors of Gusto Utility Products Private Limited
Gusto Utility Products has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttara Shukla | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
| Priya Praful Mhatre | Director | 20 Feb 2014 | 12 Years 8 Months | Current |
| Akshay Prafullakumar Mhatre Also directs: Drishti Indian Machine Vision Association | Director | 20 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Gusto Utility Products Private Limited is audited by SHETTY NAIK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHETTY NAIK & ASSOCIATES | FY 2023 | 111936 |
Shareholding
The shareholding of Gusto Utility Products Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gusto Utility Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2024 | 100932668 | Others | ₹3 Lakh | Open | |
| 14 May 2024 | 100923797 | Others | ₹13 Lakh | Open | |
| 17 May 2022 | 100579271 | Others | ₹25 Lakh | Open | |
| 11 Mar 2020 | 100332904 | Others | ₹18.19 Lakh | Open | |
| 11 Mar 2020 | 100332905 | Others | ₹43.21 Lakh | Open |
To see the full charge records of Gusto Utility Products Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Gusto Utility Products 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
No delayed payments to MSME suppliers are on our record for Gusto Utility Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gusto Utility Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG5368M1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gusto Utility Products Private Limited, buy the company report.
Recent activity
Gusto Utility Products Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Uttara Shukla was appointed as Director on 23 Mar 2021.
Charges
A charge with Others amounted to Rs. 3.00 Lakh with Charge ID 100932668 was registered on 27 May 2024.
Charges
A charge with Others amounted to Rs. 13.00 Lakh with Charge ID 100923797 was registered on 14 May 2024.
Charges
A charge with Others of Rs. 25.00 Lakh registered on 17 May 2022 with Charge ID 100579271 was modified on 30 Mar 2024.
AGM
Gusto Utility Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Gusto Utility Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100579271 was registered on 17 May 2022.
Appointed
Uttara Shukla was appointed as Director.
Charges
A charge with Others amounted to Rs. 18.19 Lakh with Charge ID 100332904 was registered on 11 Mar 2020.
Charges
A charge with Others amounted to Rs. 43.21 Lakh with Charge ID 100332905 was registered on 11 Mar 2020.
Charges
A charge with Others amounted to Rs. 6.10 Lakh with Charge ID 100334225 was registered on 03 Mar 2020.
Appointed
Akshay Prafullakumar Mhatre was appointed as Director.
Appointed
Priya Praful Mhatre was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Gusto Utility Products is an active private limited company based in Palghar, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 20 February 2014 (12+ years old) and is registered under CIN U74999MH2014PTC253457.
Gusto Utility Products has 3 current directors:
- Uttara Shukla - Director
- Priya Praful Mhatre - Director
- Akshay Prafullakumar Mhatre - Director
The latest financial statements of Gusto Utility Products on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Gusto Utility Products is 27AAFCG5368M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gusto Utility Products is U74999MH2014PTC253457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gusto Utility Products was incorporated on 20 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Uttara Shukla was appointed as Director on 23 Mar 2021. Akshay Prafullakumar Mhatre was appointed as Director on 20 Feb 2014. Priya Praful Mhatre was appointed as Director on 20 Feb 2014.
Yes, Gusto Utility Products is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0021889).
Gusto Utility Products can be reached through the website gustocontrols.com. Its registered office is in Palghar, Maharashtra, India.
The registered office of Gusto Utility Products is at 20 Landmark Cooperative Housing Society Near Vijiya Bank Mahim Road, Palghar, Maharashtra, India – 401404.
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