MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-01-0003328
Lift Controls Private Limited - energy and power in Ponda, Goa, India. FY 2026 financials & compliance.
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 6 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 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
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
Contact details
Lift Controls Private Limited's registered office is in Ponda, Goa. Its website is liftcontrols.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No 39/1 Murdi Khandepar Ponda, Goa, India – 403406
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Lift Controls Private Limited, buy the company report.
Comprehensive company report
Lift Controls 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
Lift Controls operates one associated brand: Lift Controls. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of elevator controllers, electrical harnesses, and power distribution panels in India. | liftcontrols.net |
Business activity
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Lift Controls Private Limited, buy the company report.
Financials of Lift Controls Private Limited
FY 2024 filings availableLift 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹11.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.98 Cr | ||||
| 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 | 13% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Lift Controls Private Limited, buy the company report.
Board of directors of Lift Controls Private Limited
Lift Controls has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Mohan Khandeparkar | Director | 26 Feb 2001 | 25 Years 8 Months | Current |
| Satish Shridhar Keni Also directs: Electrolinx Private Limited | Director | 26 Feb 2001 | 25 Years 8 Months | Current |
| Nitant Laxmikant Kholkar Also directs: Electrolinx Private Limited, Privatechnologies Private Limited | Director | 26 Feb 2001 | 25 Years 8 Months | Current |
Peer comparison
Lift Controls Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | |||
| Auxel FTG India Private Limited | ₹85.7 Cr (FY 2024) | 14.0% | Bangalore, Karnataka, India | |||
| Lift Controls Private Limitedthis company | ₹85.34 Cr (FY 2025) | ₹5.98 Cr | 7% | -20.0% | 49 | Ponda, Goa, India |
| HHV Solar Technologies Limited | ₹85.12 Cr (FY 2016) | -19.0% | Chennai, Tamil Nadu, India | |||
| Hexmoto Controls Private Limited | ₹84.3 Cr (FY 2025) | 35.0% | Mysore, Karnataka, India |
To see the full peer comparison of Lift Controls Private Limited, buy the company report.
Auditor
Lift Controls Private Limited is audited by S.P. BHANDARE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.P. BHANDARE & ASSOCIATES | FY 2023 | 101157W |
Shareholding
The shareholding of Lift Controls Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lift Controls Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.77 Cr
Satisfied charges
₹1.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2023 | 100679671 | Hdfc Bank Limited | ₹20.1 Lakh | Open | |
| 23 Nov 2021 | 100511028 | Yes Bank Limited | ₹3.67 Cr | Open | |
| 11 Mar 2003 | 90065631 | State Bank of India | ₹17.9 Cr | Open | |
| 27 Oct 2016 | 100070711 | Hdfc Bank Limited | ₹8 Lakh | Satisfied | |
| 16 Sep 2013 | 10449221 | State Bank of Mysore | ₹15 Lakh | Satisfied |
To see the full charge records of Lift Controls Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
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)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2008 | Funding round | ₹17.1 Lakh | Investors: 3 individuals |
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 Lift Controls Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Lift Controls Private Limited was last rated by Crisil on 31 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Oct 2020 |
To see the full credit ratings and regulatory alerts of Lift Controls Private Limited, buy the company report.
MSME payment delays
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| N G Industries | |||
| Citroen Switchgears Private Limited | |||
| Brown Packaging System Private Limited | |||
| Adilec Systems |
To see the full MSME payment records of Lift Controls Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lift Controls Private Limited has a workforce of 49 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
49
Active EPFO establishments
1
Employee growth
4.26%
GST
Lift Controls has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACL6371Q1Z9 | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lift Controls Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Mahendra Mohan Khandeparkar - Director
- Satish Shridhar Keni - Director
- Nitant Laxmikant Kholkar - Director
The latest financial statements of Lift Controls on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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, Auxel FTG India Private Limited, HHV Solar Technologies Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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).
Lift Controls has 13 MSME Form 1 returns on record between 2019 and 2023, listing 290 overdue payments to 20 micro and small suppliers. The latest return was filed on 04 Nov 2023.
Lift Controls can be reached through the website liftcontrols.net. Its registered office is in Ponda, Goa, India.