- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0015146

About Litel Infra-Red Systems Private Limited
Data last updated:
Litel Infra-Red Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 June 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31500PN1987PTC134202. Its GSTIN is 27AAACL4298G1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.01 Cr. It is led by directors Nilay Shah (Managing Director) and Mahendra Kantilal Shah.
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 J – 284 M.I.D.C. Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.52 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹6.43 Cr (net margin 25.2%) and EBITDA of ₹8.74 Cr (EBITDA margin 34.3%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 31% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹31.5 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
Litel Infra-Red Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0015146). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website litelir.com.
Company details
CIN history
Litel Infra-Red Systems has one previous CIN (Corporate Identification Number): U31500MH1987PTC043829. The current CIN is U31500PN1987PTC134202, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31500PN1987PTC134202 | Current |
| U31500MH1987PTC043829 | Previous |
Recognitions & Rankings of Litel Infra-Red Systems
Contact details
Litel Infra-Red Systems Private Limited's registered office is in Pune, Maharashtra. Its website is litelir.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJ – 284 M.I.D.C. Bhosari, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Litel Infra-Red Systems 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
Business activity
The main business activity of Litel Infra-Red Systems 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 Litel Infra-Red Systems Private Limited, buy the company report.
Financials of Litel Infra-Red Systems Private Limited
FY 2025 filings availableLitel Infra-Red Systems Private Limited reported revenue of ₹25.52 Cr (up 82% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 82% growth in the latest year. EBITDA rose 143% 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 | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.43 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.3% | ||||
| Net Profit Margin | 25.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Litel Infra-Red Systems Private Limited, buy the company report.
Board of directors of Litel Infra-Red Systems Private Limited
Litel Infra-Red Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilay Shah | Managing Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Mahendra Kantilal Shah | Director | 19 Jun 1987 | 39 Years 4 Months | Current |
Peer comparison
Litel Infra-Red Systems Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products 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 |
|---|---|---|---|---|---|---|
| Anupam Heaters and Controls Pvt Ltd | ₹25.62 Cr (FY 2025) | 11.0% | Thane, Maharashtra, India | |||
| Industrial Fans (India) Private Limited | ₹25.6 Cr (FY 2025) | -20.0% | Chennai, Tamil Nadu, India | |||
| Litel Infra-Red Systems Private Limitedthis company | ₹25.52 Cr (FY 2024) | ₹6.43 Cr | 25.2% | 82.0% | 21 | Pune, Maharashtra, India |
| Interpower Induction Private Limited | ₹25.5 Cr (FY 2025) | -11.0% | Kalol, Gujarat, India |
To see the full peer comparison of Litel Infra-Red Systems Private Limited, buy the company report.
Auditor
Litel Infra-Red Systems Private Limited is audited by SHIRISH H. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIRISH H. SHAH & CO. | FY 2023 | 110141W |
Shareholding
The shareholding of Litel Infra-Red Systems 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Litel Infra-Red Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 1987 | 90386687 | State Bank of India | ₹14 Cr | Open | |
| 11 Jun 1999 | 90387467 | State Bank of India | ₹23 Lakh | Satisfied | |
| 10 Sep 1990 | 90386861 | State Bank of India | ₹8.5 Lakh | Satisfied |
To see the full charge records of Litel Infra-Red Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Litel Infra-Red Systems Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CAW) | Filed against the company by The Regional Provident Fund Commissioner, Pune | Disposed |
To see the full case history of Litel Infra-Red Systems 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 Litel Infra-Red Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Litel Infra-Red Systems Private Limited has a workforce of 21 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Litel Infra-Red Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL4298G1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Litel Infra-Red Systems Private Limited, buy the company report.
Recent activity
Litel Infra-Red Systems Private Limited has 7 board changes on record since 1987: 2 appointments and 5 cessations. The latest: Mahendra Kantilal Shah ceased to be Managing Director on 01 Apr 2019.
4 earlier events are in the company report.
Frequently asked questions
Litel Infra-Red Systems is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 June 1987 (39+ years old) and is registered under CIN U31500PN1987PTC134202.
Litel Infra-Red Systems has 2 current directors:
- Nilay Shah - Managing Director
- Mahendra Kantilal Shah - Director
The latest financial statements of Litel Infra-Red Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Litel Infra-Red Systems is 27AAACL4298G1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Litel Infra-Red Systems is U31500PN1987PTC134202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Litel Infra-Red Systems has 3 court cases on record: 3 filed against it.
Litel Infra-Red Systems was incorporated on 19 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Litel Infra-Red Systems by revenue are Anupam Heaters and Controls Pvt Ltd, Industrial Fans (India) Private Limited, Interpower Induction Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mahendra Kantilal Shah ceased to be Managing Director on 01 Apr 2019. Nilay Shah ceased to be Director on 01 Apr 2019. Avinash Dattatraya Kulkarni ceased to be Director on 19 Mar 2018. Litel Infra-Red Systems has 7 board changes on record in total.
Yes, Litel Infra-Red Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0015146).
Litel Infra-Red Systems can be reached through the website litelir.com. Its registered office is in Pune, Maharashtra, India.

