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Ishitva Robotic Systems Private Limited - engineering in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.23 Cr
▲ 229% YoY
Net profit · FY 2025
₹79.74 Lakh
Net margin 4.9%
EBITDA · FY 2025
₹1.29 Cr
EBITDA margin 8%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹7.04 Lakh
Issued & subscribed
Open charges
₹6.75 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
29
Provident fund records
About Ishitva Robotic Systems Private Limited
Data last updated:
Ishitva Robotic Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the robotics and automation solutions segment of the engineering sector. It was incorporated on 31 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2018PTC103821. Its GSTIN is 24AAECI9735P1ZX (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹7.04 Lakh. It is led by directors including Sandip Kumar Singh and Jiteshgovind Dadlani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹79.74 Lakh (net margin 4.9%) and EBITDA of ₹1.29 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years and 625% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ishitva. As per MCA filings, the company has open charges of ₹6.75 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.51 Cr; the latest was in May 2021. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
Ishitva Robotic Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0024591). For more details, the company can be reached via its website ishitva.in.
Company details
CIN U72900GJ2018PTC103821
Registration Number 103821
Incorporation Date 31 August 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0024591
Recognitions & Rankings of Ishitva Robotic Systems
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0024591
Contact details
Ishitva Robotic Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ishitva.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 – 308 03rd Floor Block – C Krish Cubical, Opp. Avalon Hotel Nr. Govardhan Party Plot, Ahmedabad, Gujarat, India – 380059
- IndustryEngineering, Robotics & Automation Solutions
To see the full contact details of Ishitva Robotic Systems Private Limited, buy the company report.
Comprehensive company report
Ishitva Robotic Systems 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
Ishitva Robotic Systems operates one associated brand: Ishitva. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered automated waste sorting systems are provided for recycling applications. | ishitva.in |
Business activity
The main business activity of Ishitva Robotic Systems is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Ishitva Robotic Systems Private Limited, buy the company report.
Financials of Ishitva Robotic Systems Private Limited
FY 2025 filings availableIshitva Robotic Systems Private Limited reported revenue of ₹16.23 Cr (up 229% YoY) for FY 2025.
Revenue · FY 2025
₹16.23 Cr ▲ 229%
Net profit · FY 2025
₹79.74 Lakh margin 4.9%
EBITDA · FY 2025
₹1.29 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 229%
3 years · compounded
▲ 100%
5 years · compounded
▲ 625%
EBITDA CAGR growth
3 years · compounded
▲ 221%
Revenue has grown at a compounded annual rate (CAGR) of 625% over five years, including 229% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.74 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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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 | 8% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Ishitva Robotic Systems Private Limited, buy the company report.
Board of directors of Ishitva Robotic Systems Private Limited
Ishitva Robotic Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Kumar Singh Also directs: Waghdoh Ventures LLP | Director | 25 May 2020 | 6 Years 5 Months | Current |
| Jiteshgovind Dadlani | Director | 31 Aug 2018 | 8 Years 1 Months | Current |
| Sandeep Arvind Patel | Director | 31 Aug 2018 | 8 Years 1 Months | Current |
Auditor
Ishitva Robotic Systems Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | FY 2024 | 012754N/N500016 |
Shareholding
The shareholding of Ishitva Robotic Systems Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ishitva Robotic Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101171905 | State Bank of India | ₹4.5 Cr | Open | |
| 30 Aug 2022 | 100622228 | Hdfc Bank Limited | ₹2.25 Cr | Open |
To see the full charge records of Ishitva Robotic Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ishitva Robotic Systems Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.51 Cr; the latest was in May 2021.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹6.51 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2021 | Funding round · Series A | ₹6.51 Cr | Investors: Inflection Point Ventures, Kamaljyot Investments Limited , Avi Global Plast Private Limited , an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ishitva Robotic Systems 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
Ishitva Robotic Systems Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Metizfab Solutions |
To see the full MSME payment records of Ishitva Robotic Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ishitva Robotic Systems Private Limited has a workforce of 29 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
93.33%
GST
Ishitva Robotic Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECI9735P1ZX | Gujarat | Active | 14 Dec 2018 |
To see the full GST registrations and return filing status of Ishitva Robotic Systems Private Limited, buy the company report.
Recent activity
Ishitva Robotic Systems Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Sandip Kumar Singh ceased to be Additional Director on 30 Nov 2021.
Charges
A charge with State Bank Of India amounted to Rs. 450.00 Lakh with Charge ID 101171905 was registered on 30 Sep 2025.
AGM
Ishitva Robotic Systems Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Ishitva Robotic Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 225.00 Lakh registered on 30 Aug 2022 with Charge ID 100622228 was modified on 30 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 225.00 Lakh with Charge ID 100622228 was registered on 30 Aug 2022.
Ceased
Sandip Kumar Singh ceased to be Additional Director.
Appointed
Sandip Kumar Singh was appointed as Director.
Appointed
Jiteshgovind Dadlani was appointed as Director.
Appointed
Sandeep Arvind Patel was appointed as Director.
Incorporation
31 Aug 2018
Ishitva Robotic Systems Private Limited was registered on 31 Aug 2018 with Roc Ahmedabad & aged 8 years 2 months as per MCA records.
Frequently asked questions
Ishitva Robotic Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in robotics and automation solutions, within the engineering industry. It was incorporated on 31 August 2018 (8+ years old) and is registered under CIN U72900GJ2018PTC103821.
Ishitva Robotic Systems has 3 current directors:
- Sandip Kumar Singh - Director
- Jiteshgovind Dadlani - Director
- Sandeep Arvind Patel - Director
The latest financial statements of Ishitva Robotic Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ishitva Robotic Systems is 24AAECI9735P1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Ishitva Robotic Systems is U72900GJ2018PTC103821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishitva Robotic Systems was incorporated on 31 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ishitva Robotic Systems has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.51 Cr; the latest was in May 2021.
Sandip Kumar Singh ceased to be Additional Director on 30 Nov 2021. Sandip Kumar Singh was appointed as Director on 25 May 2020. Jiteshgovind Dadlani was appointed as Director on 31 Aug 2018. Ishitva Robotic Systems has 4 board changes on record in total.
Yes, Ishitva Robotic Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ishitva Robotic Systems is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0024591).
Ishitva Robotic Systems has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Apr 2024.