About Inovative Technocast Private Limited
Data last updated:
Inovative Technocast Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 14 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2004PTC044992. Its GSTIN is 24AABCI3065R1Z9 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Vishal Dhirubhai Patel and Udaykumar Ranchhod Tilva.
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 Survey No.204 Village : Veraval (Shapar), Rajkot, Gujarat, India – 360024.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.56 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 4.3%) and EBITDA of ₹5.22 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 17% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹13.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inovacast.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey No.204 Village : Veraval (Shapar), Rajkot, Gujarat, India – 360024
- IndustryEnvironment, Wind Energy Solutions
- 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 Inovative Technocast Private Limited
The main business activities of Inovative Technocast are manufacturing, electricity, gas, steam and air condition supply and support service to organizations. In detail, this covers metal and metal products, electric power generation, transmission and distribution and other support services to organizations. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Inovative Technocast Private Limited FY 2025 filings available
Inovative Technocast Private Limited reported revenue of ₹41.56 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Inovative Technocast Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 40% growth in the latest year. EBITDA rose 35% 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 Inovative Technocast Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.79 Cr | •••• | •••• | •••• | •••• |
| 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 Inovative Technocast Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Inovative Technocast 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 Inovative Technocast Private Limited
Inovative Technocast Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Die Casting, Wind Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NSL Wind Power Company (Kayathar) Private Limited | ₹41.85 Cr (FY 2021) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
| Mangla Enterprises Private Limited | ₹41.76 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Indore, Madhya Pradesh, India |
| Heattrans Equipment Private Limited | ₹41.71 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Ahmedabad, Gujarat, India |
| Vijay Spheroidals Private Limited | ₹41.64 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Singhbhum Technocast Private Limited | ₹41.6 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Gamharia, Jharkhand, India |
| Inovative Technocast Private Limited this company | ₹41.56 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Rajkot, Gujarat, India |
| Mahavir Global Coal Private Limited | ₹41.52 Cr (FY 2025) | •••• | •••• | 1128.0% | •••• | Nagpur, Maharashtra, India |
| Nandish Alloys Limited | ₹41.49 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Ludhiana, Punjab, India |
| K & K Foundry Private Limited | ₹41.47 Cr (FY 2018) | •••• | •••• | 38.0% | •••• | Kolhapur, Maharashtra, India |
| Northern Castings Private Limited | ₹41.44 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Bhiwadi, Rajasthan, India |
| Galvano Castings Private Limited | ₹41.42 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Inovative Technocast by revenue in the Cleantech industry (Die Casting, Wind Power), 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 Inovative Technocast Private Limited
Inovative Technocast Private Limited is audited by A R DOSHI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A R DOSHI & 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 Inovative Technocast Private Limited
Inovative Technocast has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Dhirubhai Patel Also directs: Specmac Techno Private Limited | Director | 15 Jun 2024 | 2 Years 3 Months | Current |
| Udaykumar Ranchhod Tilva Also directs: Inova Cast Pvt Ltd, Roto Screentech Private Limited | Director | 24 Nov 2015 | 10 Years 10 Months | Current |
| Dhirubhai Dand Also directs: Creative Castings Limited | Director | 05 Nov 2004 | 21 Years 11 Months | Current |
| Rahul Mansukhbhai Patel | Director | 15 Jun 2024 | 2 Years 3 Months | Current |
| Kaushik Jerambhai Kotadia Also directs: Inova Cast Pvt Ltd, Hilton Valves Private Limited | Director | 13 Jan 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Inovative Technocast 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 Inovative Technocast Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2021 | Hdfc Bank Limited | ₹6 Cr | Open |
| 16 Nov 2021 | Hdfc Bank Limited | ₹6 Cr | Open |
| 11 Jun 2010 | Bank of Baroda | ₹5.62 Cr | Satisfied |
| 13 Apr 2010 | Bank of Baroda | ₹5.62 Cr | Satisfied |
| 09 May 2005 | State Bank of Saurashtra | ₹2 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Inovative Technocast Private Limited
Inovative Technocast Private Limited has a workforce of 35 employees as of Apr 07, 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 Inovative Technocast Private Limited
Inovative Technocast Private Limited has 9 board changes on record since 2004: 5 appointments and 4 cessations. The latest: Rahul Mansukhbhai Patel was appointed as Director on 15 Jun 2024.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Inovative Technocast 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 Inovative Technocast 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 Inovative Technocast 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 Inovative Technocast Private Limited
Inovative Technocast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCI3065R1Z9 | 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 Inovative Technocast 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 Inovative Technocast Private Limited
Inovative Technocast is an active private limited company based in Rajkot, Gujarat, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 14 October 2004 (22+ years old) and is registered under CIN U27310GJ2004PTC044992.
Inovative Technocast reported revenue of ₹41.56 Cr for FY 2025 (up 40% YoY).
Inovative Technocast has 5 current directors:
- Vishal Dhirubhai Patel - Director
- Udaykumar Ranchhod Tilva - Director
- Dhirubhai Dand - Director
- Rahul Mansukhbhai Patel - Director
- Kaushik Jerambhai Kotadia - Director
Inovative Technocast reported a net profit of ₹1.79 Cr (net margin 4.3%) and EBITDA of ₹5.22 Cr (EBITDA margin 12.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Inovative Technocast is 17% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Inovative Technocast is 24AABCI3065R1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Inovative Technocast is U27310GJ2004PTC044992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inovative Technocast was incorporated on 14 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Inovative Technocast by revenue are NSL Wind Power Company (Kayathar) Private Limited, Mangla Enterprises Private Limited, Heattrans Equipment Private Limited, Vijay Spheroidals Private Limited, Singhbhum Technocast Private Limited and 5 more, all in the Cleantech industry (Die Casting, Wind Power).
Rahul Mansukhbhai Patel was appointed as Director on 15 Jun 2024. Vishal Dhirubhai Patel was appointed as Director on 15 Jun 2024. Mansukhlal Premjibhai Patel ceased to be Director on 11 Jun 2024. Inovative Technocast has 9 board changes on record in total.
Inovative Technocast can be reached through the website inovacast.com. Its registered office is in Rajkot, Gujarat, India.