Lift Controls Private Limited

Lift Controls Private Limited - energy and power in Ponda, Goa, India. FY 2026 financials & compliance.
CIN U31200GA2001PTC002956 Incorporated 26 February 2001 ROC Goa HQ Ponda, Goa, India
Active Private Limited Company energy and power MSME · Medium
Data last updated
Revenue · FY 2025
₹85.34 Cr
▼ 20% YoY
Net profit · FY 2025
₹5.98 Cr
Net margin 7%
EBITDA · FY 2025
₹11.08 Cr
EBITDA margin 13%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹21.77 Cr
Satisfied ₹1.03 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
49
Provident fund records

About Lift Controls Private Limited

Data last updated:

Lift Controls Private Limited is a private limited company based in Ponda, Goa, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 February 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31200GA2001PTC002956. Its GSTIN is 30AAACL6371Q1Z9 (Goa).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Mahendra Mohan Khandeparkar and Satish Shridhar Keni.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No 39/1 Murdi Khandepar Ponda, Goa, India – 403406.

As per the financials filed for FY 2025, the company reported a revenue of ₹85.34 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹5.98 Cr (net margin 7%) and EBITDA of ₹11.08 Cr (EBITDA margin 13%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 4% over five years.

The company has about 49 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Lift Controls. As per MCA filings, the company has open charges of ₹21.77 Cr and satisfied charges of ₹1.03 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.1 Lakh; the latest was in March 2010. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Nja Industries Private Limited with revenue of ₹86.11 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 290 overdue payments to 20 micro and small suppliers.

Lift Controls Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0003328). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website liftcontrols.net.

Company Details of Lift Controls Private Limited
CIN U31200GA2001PTC002956
Registration Number 002956
Incorporation Date 26 February 2001
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GA-01-0003328
Key People
Mahendra Mohan Khandeparkar Director Satish Shridhar Keni Director Nitant Laxmikant Kholkar Director

Recognitions & Rankings of Lift Controls

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-GA-01-0003328
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    liftcontrols.net
  • Social Media
    Locked
  • Registered Address
    Survey No 39/1 Murdi Khandepar Ponda, Goa, India – 403406
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Lift Controls Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Lift Controls Private Limited

Lift Controls operates one associated brand: Lift Controls. Each brand links to its own profile.

BrandDescriptionWebsite
Lift Controls
Manufacturing of elevator controllers, electrical harnesses, and power distribution panels in India.liftcontrols.net

Business Activity of Lift Controls Private Limited

The main business activity of Lift Controls is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Lift Controls Private Limited FY 2024 filings available

Lift Controls Private Limited reported revenue of ₹85.34 Cr (down 20% YoY) for FY 2025.

Revenue · FY 2025
₹85.34 Cr ▼ 20%
Net profit · FY 2025
₹5.98 Cr margin 7%
EBITDA · FY 2025
₹11.08 Cr margin 13%

Compounded Annual Growth Rate (CAGR) of Lift Controls Private Limited

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 12%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 29%
5 years · compounded
▲ 10%

Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 20% fall in the latest year. EBITDA fell 21% 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 Lift Controls Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹11.08 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹5.98 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 Lift Controls Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13%••••••••••••••••
Net Profit Margin7%••••••••••••••••
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 Lift Controls are in the company report.

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Board of Directors of Lift Controls Private Limited

Lift Controls has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahendra Mohan Khandeparkar
Also directs: Electrolinx Private Limited, Ohm Engineers and Electricals Private Limited
Director26 Feb 200125 Years 7 MonthsCurrent
Satish Shridhar Keni
Also directs: Electrolinx Private Limited
Director26 Feb 200125 Years 7 MonthsCurrent
Nitant Laxmikant Kholkar
Also directs: Electrolinx Private Limited, Privatechnologies Private Limited
Director26 Feb 200125 Years 7 MonthsCurrent
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Peer Comparison of Lift Controls Private Limited

Lift Controls Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nja Industries Private Limited₹86.11 Cr (FY 2025)••••••••-11.0%••••Vadodara, Gujarat, India
Neptune Systems Pvt. Ltd.₹85.83 Cr (FY 2024)••••••••-15.0%••••New Delhi, Delhi, India
Lamco Industries Private Limited₹85.81 Cr (FY 2025)••••••••35.0%••••Hyderabad, Telangana, India
Abxun Solar Private Limited₹85.74 Cr (FY 2024)••••••••••••Bhopal, Madhya Pradesh, India
Auxel FTG India Private Limited₹85.7 Cr (FY 2024)••••••••14.0%••••Bangalore, Karnataka, India
Lift Controls Private Limited this company₹85.34 Cr (FY 2025)••••••••-20.0%••••Ponda, Goa, India
Defspace Technologies Private Limited₹85.31 Cr (FY 2025)••••••••308.0%••••Navi Mumbai, Maharashtra, India
HHV Solar Technologies Limited₹85.12 Cr (FY 2016)••••••••-19.0%••••Chennai, Tamil Nadu, India
Sharda Diesels Private Limited₹85.03 Cr (FY 2024)••••••••31.0%••••Ranchi, Jharkhand, India
Prima Private Limited₹84.58 Cr (FY 2025)••••••••-3.0%••••Pune, Maharashtra, India
Hexmoto Controls Private Limited₹84.3 Cr (FY 2025)••••••••35.0%••••Mysore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Lift Controls by revenue in the Power industry (Power Equipment Manufacturers), 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 Lift Controls Private Limited

Lift Controls Private Limited is audited by S.P. BHANDARE & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
S.P. BHANDARE & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Lift Controls Private Limited

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Charges & Borrowings of Lift Controls Private Limited

Open charges
₹21.77 Cr
Satisfied charges
₹1.03 Cr
Breakdown by lending institutions
State Bank of India₹17.90 Cr
Yes Bank Limited₹3.67 Cr
Hdfc Bank Limited₹0.20 Cr
Latest charge details
DateLenderAmountStatus
31 Jan 2023Hdfc Bank Limited₹20.1 LakhOpen
23 Nov 2021Yes Bank Limited₹3.67 CrOpen
11 Mar 2003State Bank of India₹17.9 CrOpen
27 Oct 2016Hdfc Bank Limited₹8 LakhSatisfied
16 Sep 2013State Bank of Mysore₹15 LakhSatisfied

Total charge records: 8 View all charges

Deals & Funding of Lift Controls Private Limited

Lift Controls Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.1 Lakh; the latest was in March 2010.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹17.1 Lakh

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2010Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Nov 2008Funding round₹17.1 LakhInvestors: 3 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Lift Controls Private Limited

Lift Controls Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 290 overdue payments to 20 micro and small suppliers. 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 (5 of 20)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
N G Industries••••••••••••
Citroen Switchgears Private Limited••••••••••••
Brown Packaging System Private Limited••••••••••••
Adilec Systems••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Lift Controls Private Limited

Lift Controls Private Limited has a workforce of 49 employees as of Apr 09, 2024.

Employee count
49
Active EPFO establishments
1
Employee growth
4.26%
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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Lift Controls Private Limited

Lift Controls Private Limited has 3 board changes on record since 2001: 3 appointments. The latest: Mahendra Mohan Khandeparkar was appointed as Director on 26 Feb 2001.

Charges
A charge with State Bank Of India of Rs. 1,790.00 Lakh registered on 11 Mar 2003 with Charge ID 90065631 was modified on 25 Feb 2025.
AGM
Lift Controls Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lift Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.10 Lakh with Charge ID 100679671 was registered on 31 Jan 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 367.00 Lakh with Charge ID 100511028 was registered on 23 Nov 2021.
Charges
A charge registered on 27 Oct 2016 via Charge ID 100070711 with Hdfc Bank Limited was fully satisfied on 06 Nov 2021.
Charges
A charge registered on 16 Sep 2013 via Charge ID 10449221 with State Bank Of Mysore was fully satisfied on 10 Aug 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.00 Lakh with Charge ID 100070711 was registered on 27 Oct 2016.
Charges
A charge registered on 21 Nov 2001 via Charge ID 90065782 with State Bank Of Mysore was fully satisfied on 11 Sep 2014.
Charges
A charge registered on 30 Oct 2001 via Charge ID 90065592 with State Bank Of Mysore was fully satisfied on 11 Sep 2014.
Charges
A charge with State Bank Of Mysore amounted to Rs. 15.00 Lakh with Charge ID 10449221 was registered on 16 Sep 2013.
Charges
A charge registered on 11 Mar 2003 via Charge ID 90065344 with State Bank Of Mysore was fully satisfied on 25 Mar 2009.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Lift Controls Private Limited

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Subsidiaries & Group Companies of Lift Controls Private Limited

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GST Compliance of Lift Controls Private Limited

Lift Controls has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
30AAACL6371Q1Z9GoaActive01 Jul 2017
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MCA Filings & Documents of Lift Controls Private Limited

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Frequently Asked Questions about Lift Controls Private Limited

Lift Controls is an active private limited company based in Ponda, Goa, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 February 2001 (25+ years old) and is registered under CIN U31200GA2001PTC002956.

Lift Controls reported revenue of ₹85.34 Cr for FY 2025 (down 20% YoY).

Lift Controls has 3 current directors:

Lift Controls reported a net profit of ₹5.98 Cr (net margin 7%) and EBITDA of ₹11.08 Cr (EBITDA margin 13%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Lift Controls is -12% over three years and -4% over five years. In the latest year (FY 2025) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Lift Controls is 30AAACL6371Q1Z9, registered in Goa.

The CIN (Corporate Identification Number) of Lift Controls is U31200GA2001PTC002956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Lift Controls was incorporated on 26 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Goa.

Lift Controls has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.1 Lakh; the latest was in March 2010.

The peers of Lift Controls by revenue are Nja Industries Private Limited, Neptune Systems Pvt. Ltd, Lamco Industries Private Limited, Abxun Solar Private Limited, Auxel FTG India Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).

Mahendra Mohan Khandeparkar was appointed as Director on 26 Feb 2001. Nitant Laxmikant Kholkar was appointed as Director on 26 Feb 2001. Satish Shridhar Keni was appointed as Director on 26 Feb 2001.

Yes, Lift Controls is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-01-0003328).

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