About Mars Engitech Private Limited
Data last updated:
Mars Engitech Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2011PTC063728. Its GSTIN is 24AAGCM9639N1ZS (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Heena Ashokbhai Babariya and Ashokbhai Dhanjibhai Babariya.
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 Sf – 220 Pancham Icon Beside D – Mart Vasna Road, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.3 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Lakh (net margin 2.8%) and EBITDA of ₹7.46 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company is associated with 1 brand: Flowline. As per MCA filings, the company has open charges of ₹12 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marsengitech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSf – 220 Pancham Icon Beside D – Mart Vasna Road, Vadodara, Gujarat, India – 390007
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Mars Engitech Private Limited
The main business activity of Mars Engitech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Mars Engitech Private Limited FY 2025 filings available
Mars Engitech Private Limited reported revenue of ₹86.3 Lakh (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mars Engitech Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 14% 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 Mars Engitech 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 | ₹7.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.41 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 Mars Engitech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Mars Engitech 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 Mars Engitech Private Limited
Mars Engitech Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exigent Drill Bits India Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Japsin Instrumentation Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Hitech Joints & Linings Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Jay Nikki Industries Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Tuff Engravers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mars Engitech Private Limited this company | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Krishnaa Energy Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Chakla Agro Engineering Private Limited | •••• | •••• | •••• | •••• | - | North 24 Parganas, West Bengal, India |
| CJ Relier Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Decimin Control Systems Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Vijayjyot Engineers Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mars Engitech by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mars Engitech Private Limited
Mars Engitech Private Limited is audited by NARESH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARESH & CO | 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 Mars Engitech Private Limited
Mars Engitech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Heena Ashokbhai Babariya Also directs: 3B Welfare Foundation, 3B Flexipacks Private Limited | Director | 02 Nov 2020 | 5 Years 11 Months | Current |
| Ashokbhai Dhanjibhai Babariya | Director | 19 Jan 2011 | 15 Years 8 Months | Current |
Ownership and Shareholding of Mars Engitech 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 Mars Engitech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2015 | Hdfc Bank Limited | ₹12 Lakh | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Mars Engitech Private Limited
Mars Engitech Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 187 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Mars Engitech Private Limited
Mars Engitech operates one associated brand: FLOWLINE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of rotary joints and industrial products. | marsengitech.com |
Employees and EPFO Compliance at Mars Engitech Private Limited
Employment history and EPFO contributions of people linked to Mars Engitech.
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 Mars Engitech Private Limited
Mars Engitech Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Heena Ashokbhai Babariya ceased to be Additional Director on 16 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Mars Engitech 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.
Subsidiaries & Group Companies of Mars Engitech 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 Mars Engitech Private Limited
Mars Engitech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM9639N1ZS | 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 Mars Engitech 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 Mars Engitech Private Limited
Mars Engitech is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 January 2011 (15+ years old) and is registered under CIN U29190GJ2011PTC063728.
Mars Engitech reported revenue of ₹86.3 Lakh for FY 2025 (down 5% YoY).
Mars Engitech has 2 current directors:
- Heena Ashokbhai Babariya - Director
- Ashokbhai Dhanjibhai Babariya - Director
Mars Engitech reported a net profit of ₹2.41 Lakh (net margin 2.8%) and EBITDA of ₹7.46 Lakh (EBITDA margin 8.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mars Engitech is 10% over three years and 12% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mars Engitech is 24AAGCM9639N1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Mars Engitech is U29190GJ2011PTC063728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mars Engitech was incorporated on 19 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mars Engitech by revenue are Exigent Drill Bits India Private Limited, Japsin Instrumentation Private Limited, Hitech Joints & Linings Private Limited, Jay Nikki Industries Limited, Tuff Engravers Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Heena Ashokbhai Babariya ceased to be Additional Director on 16 Nov 2021. Heena Ashokbhai Babariya was appointed as Director on 02 Nov 2020. Malay Khitishchandra Bhowmick ceased to be Director on 30 Oct 2020. Mars Engitech has 4 board changes on record in total.
Mars Engitech has 7 MSME Form 1 returns on record between 2019 and 2023, listing 187 overdue payments to 24 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Mars Engitech can be reached through the website marsengitech.com. Its registered office is in Vadodara, Gujarat, India.