MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-MH-17-0034455
Joule Tech Industrial Services Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.66 Cr
▲ 10% YoY
Net loss · FY 2024
₹43,740
Net margin 0%
EBITDA · FY 2024
₹1.57 Cr
EBITDA margin 11.5%
Authorised capital
₹3.8 Cr
Registered with MCA
Paid-up capital
₹3.8 Cr
Issued & subscribed
Open charges
₹20.6 Cr
Satisfied ₹7.36 Cr
Company age
18 yrs
Est. 2008
Directors on board
4
As per MCA filings
About Joule Tech Industrial Services Private Limited
Data last updated:
Joule Tech Industrial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 04 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC179706. Its GSTIN is 27AABCJ9826D1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.8 Cr and a paid-up capital of ₹3.8 Cr. It is led by directors including Ishan Rajesh Mehta and Meet Rajesh Shah.
Its last annual general meeting (AGM) was held on 01 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 401/402 Happy Home Complex Chikuwadi New Link Road Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.66 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹43,740 (net margin 0%) and EBITDA of ₹1.57 Cr (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹20.6 Cr and satisfied charges of ₹7.36 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Joule Tech Industrial Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0034455). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jouletechonline.com.
Company details
CIN U74999MH2008PTC179706
Registration Number 179706
Incorporation Date 04 March 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0034455
Recognitions & Rankings of Joule Tech Industrial Services
Contact details
Joule Tech Industrial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is jouletechonline.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address401/402 Happy Home Complex Chikuwadi New Link Road Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Joule Tech Industrial Services Private Limited, buy the company report.
Comprehensive company report
Joule Tech Industrial Services 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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Business activity
The main business activity of Joule Tech Industrial Services is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Joule Tech Industrial Services Private Limited, buy the company report.
Financials of Joule Tech Industrial Services Private Limited
FY 2025 filings availableJoule Tech Industrial Services Private Limited reported revenue of ₹13.66 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹13.66 Cr ▲ 10%
Net loss · FY 2024
₹43,740 margin 0%
EBITDA · FY 2024
₹1.57 Cr margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 8%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 7%
5 years · compounded
▼ 6%
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹43,740 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Joule Tech Industrial Services Private Limited, buy the company report.
Board of directors of Joule Tech Industrial Services Private Limited
Joule Tech Industrial Services has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishan Rajesh Mehta | Director | 15 Dec 2015 | 10 Years 11 Months | Current |
| Meet Rajesh Shah Also directs: Luxe Realcon LLP | Director | 15 Dec 2015 | 10 Years 11 Months | Current |
| Chintan Ashwinkumar Shah Also directs: Openvalue Technologies Private Limited | Director | 04 Mar 2008 | 18 Years 8 Months | Current |
| Simal Ashwinkumar Shah Also directs: Openvalue Technologies Private Limited | Director | 04 Mar 2008 | 18 Years 8 Months | Current |
Peer comparison
Joule Tech Industrial Services Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kae Engineers Private Limited | ₹13.78 Cr (FY 2025) | -22.0% | New Delhi, Delhi, India | |||
| Acme Engineering-Fabricators Private Limited | ₹13.76 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Nozzel Auto Association Private Limited | ₹13.71 Cr (FY 2025) | 9.0% | Thane, Maharashtra, India | |||
| Joule Tech Industrial Services Private Limitedthis company | ₹13.66 Cr (FY 2024) | -₹43,740 | 0% | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Joule Tech Industrial Services Private Limited, buy the company report.
Auditor
Joule Tech Industrial Services Private Limited is audited by VISHAL SHAH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL SHAH & ASSOCIATES | FY 2020 | 127992W |
Shareholding
The shareholding of Joule Tech Industrial Services Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Joule Tech Industrial Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.6 Cr
Satisfied charges
₹7.36 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2022 | 100541351 | Others | ₹50 Lakh | Open | |
| 10 Jul 2020 | 100350671 | Others | ₹1 Cr | Open | |
| 04 Jan 2020 | 100316417 | Others | ₹5.92 Cr | Open | |
| 18 Nov 2015 | 10604331 | Bank of Baroda | ₹11 Lakh | Open | |
| 12 Feb 2014 | 10479594 | Others | ₹7.14 Cr | Open |
To see the full charge records of Joule Tech Industrial Services Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Joule Tech Industrial Services Private Limited has 4 court cases on record: 1 filed by Joule Tech Industrial Services, 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against M/S Hargobind Industries | Pending |
| Bombay High Court | Company petition | Filed against the company by M/S Field Master | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M - S. Profile Steel Bars Manufacture Pvt. Ltd., | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M - S Profile Steel Bars Manufacturesrs Pvt Ltd | Disposed |
To see the full case history of Joule Tech Industrial Services 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 Joule Tech Industrial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Joule Tech Industrial Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ9826D1ZI | Maharashtra | Active | 01 Jul 2017 |
| 30AABCJ9826D1ZV | Goa | Active | 15 Mar 2018 |
To see the full GST registrations and return filing status of Joule Tech Industrial Services Private Limited, buy the company report.
Recent activity
Joule Tech Industrial Services Private Limited has 8 board changes on record since 2008: 4 appointments and 4 cessations. The latest: Ashwin Shah Laxmichand ceased to be Director on 10 Aug 2021.
AGM
Joule Tech Industrial Services Private Limited last Annual general meeting of members was held on 01 Nov 2025 as per latest MCA records.
Filing
Joule Tech Industrial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 27 Dec 2016 via Charge ID 100072989 with Others was fully satisfied on 27 Feb 2025.
Charges
A charge registered on 27 Dec 2016 via Charge ID 100072992 with Others was fully satisfied on 27 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100541351 was registered on 02 Feb 2022.
Charges
A charge with Others of Rs. 7.14 Cr registered on 12 Feb 2014 with Charge ID 10479594 was modified on 02 Feb 2022.
Ceased
Ashwin Shah Laxmichand ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100350671 was registered on 10 Jul 2020.
Charges
A charge with Others amounted to Rs. 5.92 Cr with Charge ID 100316417 was registered on 04 Jan 2020.
Charges
A charge with Others of Rs. 5.92 Cr registered on 22 Jan 2014 with Charge ID 10476408 was modified on 30 Nov 2019.
Charges
A charge with Others of Rs. 1.90 Cr registered on 27 Dec 2016 with Charge ID 100072992 was modified on 09 Jan 2017.
Charges
A charge with Others amounted to Rs. 3.03 Cr with Charge ID 100072989 was registered on 27 Dec 2016.
21 earlier events are in the company report.
Frequently asked questions
Joule Tech Industrial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 04 March 2008 (18+ years old) and is registered under CIN U74999MH2008PTC179706.
Joule Tech Industrial Services has 4 current directors:
- Ishan Rajesh Mehta - Director
- Meet Rajesh Shah - Director
- Chintan Ashwinkumar Shah - Director
- Simal Ashwinkumar Shah - Director
The latest financial statements of Joule Tech Industrial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Joule Tech Industrial Services is 27AABCJ9826D1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AABCJ9826D1ZV (Goa).
The CIN (Corporate Identification Number) of Joule Tech Industrial Services is U74999MH2008PTC179706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joule Tech Industrial Services has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Joule Tech Industrial Services was incorporated on 04 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Joule Tech Industrial Services by revenue are Kae Engineers Private Limited, Acme Engineering-Fabricators Private Limited, Nozzel Auto Association Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ashwin Shah Laxmichand ceased to be Director on 10 Aug 2021. Ishan Rajesh Mehta ceased to be Additional Director on 30 Sep 2016. Meet Rajesh Shah ceased to be Additional Director on 30 Sep 2016. Joule Tech Industrial Services has 8 board changes on record in total.
Yes, Joule Tech Industrial Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0034455).
Joule Tech Industrial Services can be reached through the website jouletechonline.com. Its registered office is in Mumbai, Maharashtra, India.
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