Jigar Engineers Private Limited
About Jigar Engineers Private Limited
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Jigar Engineers Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1997PTC032961. Its GSTIN is 24AABCJ1105B1ZK (Gujarat).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹25.31 Lakh. It is led by directors including Ganpatlal Pitamberdas Panchal and Heena Kalidas Panchal.
Its last annual general meeting (AGM) was held on 15 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 382 GIDC Manjusar Ta: Savli, Vadodara, Gujarat, India – 391770.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.36 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹31.36 Lakh (net margin 61.1%) and EBITDA of ₹41.26 Lakh (EBITDA margin 80.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
As per MCA filings, the company has satisfied charges of ₹36 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jigar Engineers Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 382 GIDC Manjusar Ta: Savli, Vadodara, Gujarat, India – 391770
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Jigar Engineers Private Limited, buy the company report.
- 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
Financials of Jigar Engineers Private Limited
FY 2025 filings availableJigar Engineers Private Limited reported revenue of ₹51.36 Lakh (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 23% growth in the latest year. EBITDA rose 24% 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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| Total Expenses | |||||
| EBITDA | ₹41.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.36 Lakh | ||||
| Balance Sheet | |||||
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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 | 80.3% | ||||
| Net Profit Margin | 61.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Jigar Engineers Private Limited, buy the company report.
Board of directors of Jigar Engineers Private Limited
Jigar Engineers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganpatlal Pitamberdas Panchal Also directs: Shree Savli Fabricators Private Limited | Director | 05 Sep 1997 | 29 Years 2 Months | Current |
| Heena Kalidas Panchal | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
| Akshay Kalidas Panchal | Director | 27 Jan 2018 | 8 Years 9 Months | Current |
| Anmol Kalidas Panchal | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Jigar Engineers Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shiraz Engineering ( India) Private Limited | ₹51.91 Lakh (FY 2025) | 715.0% | Pune, Maharashtra, India | |||
| Ghalsasi Works Private Limited | ₹51.76 Lakh (FY 2017) | -41.0% | Pune, Maharashtra, India | |||
| Singh Precision Components Private Limited | ₹51.66 Lakh (FY 2024) | 294.0% | Ballabgarh, Haryana, India | |||
| Harten Metal Formings Private Limited | ₹51.49 Lakh (FY 2024) | -56.0% | Coimbatore, Tamil Nadu, India | |||
| Pkmax Engineering (India) Private Limited | ₹51.36 Lakh (FY 2025) | -53.0% | Hyderabad, Telangana, India | |||
| Jigar Engineers Private Limitedthis company | ₹51.36 Lakh (FY 2025) | ₹31.36 Lakh | 61.1% | 23.0% | Vadodara, Gujarat, India | |
| Shree Mansha Tools Private Limited | ₹51.33 Lakh (FY 2025) | -61.0% | Gurgaon, Haryana, India | |||
| G D Tools Pvt Ltd | ₹51.15 Lakh (FY 2025) | 15.0% | Jalandhar, Punjab, India | |||
| Danatrol Engineering India Private Limited | ₹51.13 Lakh (FY 2019) | -24.0% | Bangalore, Karnataka, India | |||
| Vaishvi Engineers Private Limited | ₹51.06 Lakh (FY 2024) | 9.0% | Ahmedabad, Gujarat, India | |||
| Honour Engineering Private Limited | ₹50.18 Lakh (FY 2025) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jigar Engineers Private Limited, buy the company report.
Auditor
Jigar Engineers Private Limited is audited by R ATUL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R ATUL & CO | FY 2019 | 100778W |
Shareholding
The shareholding of Jigar Engineers Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Jigar Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2001 | 90110337 | Gujrat State Financial Corporation | ₹36 Lakh | Satisfied |
To see the full charge records of Jigar Engineers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Jigar Engineers Private Limited has 1 court case on record: 1 filed by Jigar Engineers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (AO) | Filed by the company against Gujarat State Financial Corp. | Disposed |
To see the full case history of Jigar Engineers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jigar Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jigar Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCJ1105B1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jigar Engineers Private Limited, buy the company report.
Recent activity
Jigar Engineers Private Limited has 8 board changes on record since 1997: 6 appointments and 2 cessations. The latest: Anmol Kalidas Panchal was appointed as Director on 16 Jul 2025.
1 earlier event is in the company report.
Frequently asked questions
Jigar Engineers is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 September 1997 (29+ years old) and is registered under CIN U29199GJ1997PTC032961.
Jigar Engineers has 4 current directors:
- Ganpatlal Pitamberdas Panchal - Director
- Heena Kalidas Panchal - Director
- Akshay Kalidas Panchal - Director
- Anmol Kalidas Panchal - Director
The latest financial statements of Jigar Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jigar Engineers is 24AABCJ1105B1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Jigar Engineers is U29199GJ1997PTC032961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jigar Engineers has 1 court case on record: 1 filed by the company.
Jigar Engineers was incorporated on 05 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Jigar Engineers by revenue are Shiraz Engineering ( India) Private Limited, Ghalsasi Works Private Limited, Singh Precision Components Private Limited, Harten Metal Formings Private Limited, Pkmax Engineering (India) Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Anmol Kalidas Panchal was appointed as Director on 16 Jul 2025. Heena Kalidas Panchal was appointed as Director on 16 Jul 2025. Kalidas Ganpatlal Panchal ceased to be Director on 15 Oct 2018. Jigar Engineers has 8 board changes on record in total.
The registered office of Jigar Engineers is at Plot No. 382 GIDC Manjusar Ta: Savli, Vadodara, Gujarat, India – 391770.
Jigar Engineers operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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