
About H.M. Electro Mech Limited
Data last updated:
H.M. Electro Mech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45500GJ2018PLC102018. Its GSTIN is 24AAECH5198M1Z3 (Gujarat). The company holds 4 GST registrations, of which 3 are active. It is a listed company.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.7 Cr. It is led by directors including Dipak Padmakant Pandya (Managing Director) and Harshalkumar Mahendrakumar Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 305 Ashram Avenue B/H. Kochrab Ashram Paldi., Ahmedabad, Gujarat, India – 380006.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹132.21 Cr, a growth of 8.66% compared to the previous year. The net worth stands at ₹75.21 Cr (up 14.89% YoY). Total assets are valued at ₹98.11 Cr (up 25.62% YoY).
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: H.M. Electro Mech. As per MCA filings, the company has open charges of ₹43.19 Cr and satisfied charges of ₹6.84 Cr on record.
For more details, the company can be reached via its website hmelectromech.com.
- EmailLocked
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- Website
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- Registered Address305 Ashram Avenue B/H. Kochrab Ashram Paldi., Ahmedabad, Gujarat, India – 380006
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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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CIN History of H.M. Electro Mech
H.M. Electro Mech has one previous CIN (Corporate Identification Number): U45500GJ2018PLC102018. The current CIN is L45500GJ2018PLC102018, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45500GJ2018PLC102018 | Current |
| U45500GJ2018PLC102018 | Previous |
Associated Brands with H.M. Electro Mech
H.M. Electro Mech operates one associated brand: H.M. Electro Mech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electro-mechanical engineering services are provided in India. | hmelectromech.com |
Competitors & Alternatives of H.M. Electro Mech
Brands and companies operating in the same space as H.M. Electro Mech Limited include Tetra Tech, Eneraqua Technologies, Aris Water Solutions and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Consulting, engineering, program management, and technical services are provided. | United States | 1966 |
| | Eneraqua Technologies is engaged in decarbonisation and water efficiency solutions. | London, United Kingdom, United Kingdom | 2021 |
| | Non-recycled water disposal services are provided to energy sectors. | Houston, United States, United States | 2014 |
| | Water management solutions are provided to industrial and municipal clients. | Tampa, United States, United States | 1997 |
| | Water management services are provided from Lausanne, Switzerland. | Lausanne, Switzerland, Switzerland | 2018 |
| | Water management services are provided by Bawat in Denmark. | Horsholm, Denmark, Denmark | 2011 |
| | Plasma activated water technology is developed for sustainable crop protection. | Eindhoven, Netherlands, Netherlands | 2014 |
Business Activity of H.M. Electro Mech
The main business activity of H.M. Electro Mech is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details for H.M. Electro Mech Limited
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 H.M. Electro Mech
H.M. Electro Mech Limited is audited by B V GAJERA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B V GAJERA & CO | Locked | Locked | Locked |
Complete auditor history for H.M. Electro Mech Limited
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 H.M. Electro Mech Limited
H.M. Electro Mech has 7 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshalkumar Mahendrakumar Patel | Whole-Time Director | 21 Oct 2023 | 2 Years 11 Months | Current |
| Mita Dipak Pandya Also directs: Indcon Panels Private Limited | Whole-Time Director | 24 Apr 2018 | 8 Years 5 Months | Current |
| Aayush Kamleshbhai Shah Also directs: Fonebox Retail Limited, Raghuvir Synthetics Limited, Siddhi Cotspin Limited and 2 more | Director | 27 Jun 2024 | 2 Years 3 Months | Current |
| Mahendra Ramabhai Patel | Whole-Time Director | 24 Apr 2018 | 8 Years 5 Months | Current |
| Dipak Padmakant Pandya | Managing Director | 24 Apr 2018 | 8 Years 5 Months | Current |
| Bhavisha Kunal Chauhan Also directs: Piotex Industries Limited, Fonebox Retail Limited | Director | 27 Jun 2024 | 2 Years 3 Months | Current |
Financials of H.M. Electro Mech Limited FY 2025-26 filings available
H.M. Electro Mech Limited reported revenue of ₹132.21 Cr (up 8.66% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 132 | 122 | 117 | 101 | 61.84 | 46.97 | 54.73 |
| Revenue growth | +8.3% | +3.9% | +13.1% | +58.7% | +31.5% | -14.8% | +9997.0% |
| EBITDA | 14.47 | 12.91 | 12.36 | 8.91 | 3.49 | 2.60 | 2.66 |
| EBITDA margin | +10.9% | +10.6% | +10.6% | +8.8% | +5.6% | +5.5% | +4.9% |
| Profit before tax | 13.36 | 11.42 | 10.78 | 8.09 | 3.53 | 2.63 | 2.57 |
| Net profit | 9.74 | 8.35 | 8.00 | 6.02 | 2.57 | 2.04 | 1.91 |
| Net profit margin | +7.4% | +6.9% | +6.8% | +5.9% | +4.2% | +4.3% | +3.5% |
| EPS (₹) | 7.12 | 6.10 | 8.01 | 6.01 | 2.58 | 2.02 | 1.93 |
| Balance sheet | |||||||
| Total assets | 98.11 | 78.10 | 47.61 | 30.71 | 18.38 | 17.13 | 16.23 |
| Net worth | 75.21 | 65.46 | 32.09 | 24.08 | 18.07 | 15.49 | 13.47 |
| Total debt | 15.17 | 7.80 | 12.25 | 6.40 | 0.18 | 1.52 | 2.76 |
| Cash & bank | 7.57 | 2.44 | 0.16 | 1.97 | 2.05 | 1.47 | 0.80 |
| Net working capital | 64.93 | 47.55 | 27.94 | 20.01 | 9.15 | 11.07 | 8.80 |
| Cash flow | |||||||
| Cash from operations | 1.20 | (5.80) | 2.86 | (4.14) | 5.04 | (0.48) | 1.92 |
| Cash from investing | (2.11) | (10.61) | (8.82) | (1.38) | (3.09) | 1.56 | 0.10 |
| Cash from financing | 6.04 | 18.68 | 4.16 | 5.44 | (1.37) | (0.42) | (3.62) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 132 | 122 | 117 | 101 | 61.84 | 46.97 | 54.73 |
| Revenue growth | +8.3% | +3.9% | +13.1% | +58.7% | +31.5% | -14.8% | +9997.0% |
| Other income | 0.78 | 0.39 | 0.27 | 0.18 | 0.18 | 0.23 | 0.39 |
| Total expenses | 118 | 109 | 105 | 92.58 | 58.35 | 44.37 | 52.07 |
| Employee cost | 10.04 | 2.48 | 0.98 | 0.70 | 0.55 | 0.57 | 0.57 |
| EBITDA | 14.47 | 12.91 | 12.36 | 8.91 | 3.49 | 2.60 | 2.66 |
| EBITDA margin | +10.9% | +10.6% | +10.6% | +8.8% | +5.6% | +5.5% | +4.9% |
| Depreciation | 0.25 | 0.11 | 0.12 | 0.13 | 0.10 | 0.11 | 0.16 |
| Interest | 1.64 | 1.77 | 1.73 | 0.87 | 0.04 | 0.09 | 0.32 |
| Profit before tax | 13.36 | 11.42 | 10.78 | 8.09 | 3.53 | 2.63 | 2.57 |
| Tax | 3.61 | 3.06 | 2.78 | 2.07 | 0.96 | 0.59 | 0.64 |
| Net profit | 9.74 | 8.35 | 8.00 | 6.02 | 2.57 | 2.04 | 1.91 |
| Net profit margin | +7.4% | +6.9% | +6.8% | +5.9% | +4.2% | +4.3% | +3.5% |
| EPS (₹) | 7.12 | 6.10 | 8.01 | 6.01 | 2.58 | 2.02 | 1.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.70 | 13.70 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves & surplus | 61.51 | 51.76 | 22.09 | 14.08 | 8.07 | 5.49 | 3.47 |
| Shareholders' funds (net worth) | 75.21 | 65.46 | 32.09 | 24.08 | 18.07 | 15.49 | 13.47 |
| Secured loans | 0.30 | 3.70 | 5.27 | 0.14 | 0.18 | 1.41 | 1.85 |
| Unsecured loans | 14.87 | 4.10 | 6.98 | 6.26 | 0.00 | 0.11 | 0.91 |
| Total debt | 15.17 | 7.80 | 12.25 | 6.40 | 0.18 | 1.52 | 2.76 |
| Total liabilities | 98.11 | 78.10 | 47.61 | 30.71 | 18.38 | 17.13 | 16.23 |
| Assets | |||||||
| Gross block | 3.02 | 2.32 | 1.04 | 0.94 | 0.90 | 0.79 | 0.75 |
| Net block | 2.31 | 1.86 | 0.32 | 0.35 | 0.44 | 0.33 | 0.40 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.32 | 0.32 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 24.53 | 20.77 | 23.57 | 15.39 | 6.42 | 0.21 | 0.09 |
| Sundry debtors | 65.30 | 40.33 | 28.70 | 31.32 | 20.80 | 18.41 | 19.30 |
| Cash & bank balances | 7.57 | 2.44 | 0.16 | 1.97 | 2.05 | 1.47 | 0.80 |
| Loans & advances | 6.56 | 3.26 | 3.05 | 4.71 | 5.84 | 5.46 | 4.63 |
| Total current assets | 104 | 66.80 | 55.48 | 53.39 | 35.11 | 25.55 | 24.82 |
| Total current liabilities | 39.03 | 19.25 | 27.54 | 33.38 | 25.96 | 14.48 | 16.02 |
| Net working capital | 64.93 | 47.55 | 27.94 | 20.01 | 9.15 | 11.07 | 8.80 |
| Total assets | 98.11 | 78.10 | 47.61 | 30.71 | 18.38 | 17.13 | 16.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.44 | 0.16 | 1.97 | 2.05 | 1.47 | 0.80 | 0.55 |
| Net cash from operating activities | 1.20 | (5.80) | 2.86 | (4.14) | 5.04 | (0.48) | 1.92 |
| Net cash from investing activities | (2.11) | (10.61) | (8.82) | (1.38) | (3.09) | 1.56 | 0.10 |
| Net cash from financing activities | 6.04 | 18.68 | 4.16 | 5.44 | (1.37) | (0.42) | (3.62) |
| Net change in cash | 5.13 | 2.28 | (1.81) | (0.08) | 0.58 | 0.66 | (1.60) |
| Closing cash | 7.57 | 2.44 | 0.16 | 1.97 | 2.05 | 1.47 | 0.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.7% | +4.0% | +15.3% | +64.1% | +31.7% | -14.2% | +9997.0% |
| EBITDA growth | +12.1% | +4.5% | +38.7% | +155.3% | +34.2% | -2.3% | +9997.0% |
| PBT growth | +17.0% | +5.9% | +33.3% | +129.2% | +34.2% | +2.3% | +9997.0% |
| Net income growth | +16.7% | +4.4% | +32.9% | +134.2% | +26.0% | +6.8% | +9997.0% |
| Revenue CAGR (3Y) | +9.2% | +25.3% | +35.6% | +22.9% | - | - | - |
| EBITDA CAGR (3Y) | +17.5% | +54.7% | +68.1% | +49.6% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +7.4% | +6.9% | +6.8% | +5.9% | +4.2% | +4.3% | +3.5% |
| Return on capital employed | +17.0% | +21.0% | +32.0% | +36.5% | +20.2% | +16.3% | +19.0% |
| Return on net worth | +13.9% | +17.1% | +28.5% | +28.5% | +15.4% | +14.0% | +15.4% |
| Debt / equity | 0.16 | 0.21 | 0.33 | 0.16 | 0.05 | 0.15 | 0.22 |
| Long-term debt / equity | 0.04 | 0.03 | 0.12 | 0.10 | 0.00 | 0.00 | 0.02 |
| Interest cover | 11.53 | 13.83 | 14.13 | 9.91 | 1.18 | 3.61 | 12.80 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 49.52 | 72.42 | 118.21 | 110.32 | 73.18 | 61.00 | 69.28 |
| Inventory turnover | 5.84 | 5.49 | 6.01 | 9.31 | 18.65 | 313.13 | 643.88 |
| Debtors turnover | 2.50 | 3.53 | 3.90 | 3.89 | 3.15 | 2.49 | 2.87 |
| EPS (₹) | 7.12 | 6.10 | 8.01 | 6.01 | 2.58 | 2.02 | 1.93 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 54.90 | 47.78 | 32.09 | 24.08 | 18.07 | 15.49 | 13.47 |
Shareholding Pattern of H.M. Electro Mech Limited
Shareholding for the quarter ended Sep 2026: promoters hold 73.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 2.00% and retail and other public shareholders hold 25.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.10% | 73.10% | 72.70% | 72.70% |
| Public | 26.90% | 26.90% | 27.30% | 27.30% |
Charges & Borrowings of H.M. Electro Mech
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2023 | Others | ₹3.5 Cr | Open |
| 13 Oct 2023 | Tata Capital Financial Services Limited | ₹2 Cr | Open |
| 06 May 2023 | Others | ₹9.1 Lakh | Open |
| 01 Nov 2021 | Others | ₹10 Lakh | Open |
| 15 May 2019 | Others | ₹37.5 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at H.M. Electro Mech
H.M. Electro Mech Limited has a workforce of 12 employees as of Apr 09, 2024.
Employee and EPFO history for H.M. Electro Mech Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of H.M. Electro Mech
H.M. Electro Mech has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECH5198M1Z3 | Gujarat | Active | 26 May 2018 |
| 08AAECH5198M2ZW | Rajasthan | Active | 13 Jul 2018 |
| 23AAECH5198M1Z5 | Madhya Pradesh | Active | 27 Nov 2020 |
GST registrations and filing compliance for H.M. Electro Mech Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for H.M. Electro Mech
Credit ratings, litigation, and regulatory alerts for H.M. Electro Mech Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by H.M. Electro Mech
MSME payment history for H.M. Electro Mech Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of H.M. Electro Mech
Corporate group structure for H.M. Electro Mech Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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MCA Filings & Documents of H.M. Electro Mech
MCA filings and documents for H.M. Electro Mech Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on H.M. Electro Mech
Frequently Asked Questions about H.M. Electro Mech Limited
H.M. Electro Mech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 April 2018 (8+ years old) and is registered under CIN L45500GJ2018PLC102018.
H.M. Electro Mech reported revenue of ₹132.21 Cr for FY 2025-26 (up 8.66% YoY) based on standalone financials.
H.M. Electro Mech has 7 current directors:
- Dipak Padmakant Pandya - Managing Director
- Harshalkumar Mahendrakumar Patel - Whole-Time Director
- Mita Dipak Pandya - Whole-Time Director
- Mahendra Ramabhai Patel - Whole-Time Director
- Aayush Kamleshbhai Shah - Director
- Bhavisha Kunal Chauhan - Director
- Riya Vipulbhai Kanani - Additional Director
The GSTIN of H.M. Electro Mech is 24AAECH5198M1Z3, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAECH5198M2ZW (Rajasthan), 23AAECH5198M1Z5 (Madhya Pradesh).
The CIN (Corporate Identification Number) of H.M. Electro Mech is L45500GJ2018PLC102018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, H.M. Electro Mech is a listed company.
H.M. Electro Mech was incorporated on 24 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
H.M. Electro Mech can be reached through the website hmelectromech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of H.M. Electro Mech is at 305 Ashram Avenue BH. Kochrab Ashram Paldi., Ahmedabad, Gujarat, India – 380006.