Ketan Engineering Services Private Limited
About Ketan Engineering Services Private Limited
Data last updated:
Ketan Engineering Services Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 29 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74210GJ2004PTC044380. Its GSTIN is 24AACCK3955D1ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Ketun Jasmatbhai Patel and Shantaben Jasmatbhai Patel.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.54 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹10.05 Lakh (net margin 1.3%) and EBITDA of ₹41.02 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 12% over five years.
The company has about 341 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.81 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot 148 GIDC Ichchhapore Bhatpore Ta – Choryasi Village – Bhatpor Taluka – Chora, Si, Surat, Gujarat, India – 394510
- IndustryEngineering, Engineering Design & Consultancy, Procurement & Construction (EPC), Engineering
- 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 Ketan Engineering Services Private Limited
The main business activity of Ketan Engineering Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Ketan Engineering Services Private Limited FY 2025 filings available
Ketan Engineering Services Private Limited reported revenue of ₹7.54 Cr (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ketan Engineering Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 44% fall in the latest year. EBITDA rose 83% 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 Ketan Engineering Services 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 | ₹41.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.05 Lakh | •••• | •••• | •••• | •••• |
| 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 Ketan Engineering Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Ketan Engineering Services 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 Ketan Engineering Services Private Limited
Ketan Engineering Services Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gems Projects Private Limited | ₹7.62 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Ranchi, Jharkhand, India |
| Vectorshades Engineering Services Private Limited | ₹7.62 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Ernakulam, Kerala, India |
| CRRC Zelc (India) Private Limited | ₹7.61 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Accusion Engineering Private Limited | ₹7.56 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Igema India Private Limited | ₹7.55 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Bhor, Maharashtra, India |
| Ketan Engineering Services Private Limited this company | ₹7.54 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Surat, Gujarat, India |
| Vitma Positech Private Limited | ₹7.53 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mahalakshmipuram, Karnataka, India |
| Laun Technology Private Limited | ₹7.49 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Noida, Uttar Pradesh, India |
| JMP Power Solutions Private Limited | ₹7.47 Cr (FY 2025) | •••• | •••• | 138.0% | •••• | Aligarh, Uttar Pradesh, India |
| Powertec Engineering Private Limited | ₹7.46 Cr (FY 2023) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Capital Engineering Consultancy Private Limited | ₹7.46 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Saidapet, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ketan Engineering Services by revenue in the Engineering industry (Engineering Procurement and Construction), 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 Ketan Engineering Services Private Limited
Ketan Engineering Services Private Limited is audited by BIRJU S SHAH & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BIRJU S SHAH & ASSOCIATES | 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 Ketan Engineering Services Private Limited
Ketan Engineering Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketun Jasmatbhai Patel | Director | 29 Jun 2004 | 22 Years 3 Months | Current |
| Shantaben Jasmatbhai Patel | Director | 03 Mar 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Ketan Engineering Services 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 Ketan Engineering Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 2025 | Hdfc Bank Limited | ₹11.07 Lakh | Open |
| 24 Nov 2022 | Hdfc Bank Limited | ₹9.57 Lakh | Open |
| 04 Apr 2022 | Hdfc Bank Limited | ₹9.96 Lakh | Open |
| 06 Feb 2020 | Syndicate Bank | ₹5 Lakh | Open |
| 22 Dec 2010 | Hdfc Bank Limited | ₹1.46 Cr | Open |
Total charge records: 5 View all charges
Legal Cases of Ketan Engineering Services Private Limited
Ketan Engineering Services Private Limited has 4 court cases on record: 1 filed by Ketan Engineering Services, 2 filed against it, 1 where it is another party. 1 case is pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Samrat Furnaces Private Limited | Disposed |
| District court, SURAT, Gujarat | Court case (WC-FATAL-LC) | Company is another party | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against Commissioner, Central Excise, Customs and Service Tax, Surat I | Disposed |
| District court, SURAT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ketan Engineering Services Private Limited
Ketan Engineering Services Private Limited has a workforce of 341 employees as of Apr 10, 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 Ketan Engineering Services Private Limited
Ketan Engineering Services Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Jasmatbhai Nanubhai Patel ceased to be Director on 09 Jun 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ketan Engineering Services 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 Ketan Engineering Services 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 Ketan Engineering Services 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 Ketan Engineering Services Private Limited
Ketan Engineering Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCK3955D1ZS | 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 Ketan Engineering Services 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 Ketan Engineering Services Private Limited
Ketan Engineering Services is an active private limited company based in Surat, Gujarat, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 29 June 2004 (22+ years old) and is registered under CIN U74210GJ2004PTC044380.
Ketan Engineering Services reported revenue of ₹7.54 Cr for FY 2025 (down 44% YoY).
Ketan Engineering Services has 2 current directors:
- Ketun Jasmatbhai Patel - Director
- Shantaben Jasmatbhai Patel - Director
Ketan Engineering Services reported a net profit of ₹10.05 Lakh (net margin 1.3%) and EBITDA of ₹41.02 Lakh (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ketan Engineering Services is -28% over three years and -12% over five years. In the latest year (FY 2025) revenue fell 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ketan Engineering Services is 24AACCK3955D1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ketan Engineering Services is U74210GJ2004PTC044380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ketan Engineering Services has 4 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Ketan Engineering Services was incorporated on 29 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ketan Engineering Services by revenue are Gems Projects Private Limited, Vectorshades Engineering Services Private Limited, CRRC Zelc (India) Private Limited, Accusion Engineering Private Limited, Igema India Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Jasmatbhai Nanubhai Patel ceased to be Director on 09 Jun 2025. Shantaben Jasmatbhai Patel was appointed as Director on 03 Mar 2022. Jasmatbhai Nanubhai Patel was appointed as Director on 29 Jun 2004. Ketan Engineering Services has 4 board changes on record in total.