About Maxeff Engineering P Ltd
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Maxeff Engineering P Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 23 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH1994PTC079164. Its GSTIN is 27AAACM3370J1ZG (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Chetana Chetan Shah and Dimple Ketan Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.92 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹34.92 Lakh (net margin 4.4%) and EBITDA of ₹70.08 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹58 Lakh and satisfied charges of ₹99 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 maxeff.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address202 – C Wing New Sarvottam Chs Ltd, Near Jain Mandir S V Road Irla Andheri West, Mumbai, Maharashtra, India – 400058
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment, Industrial Machine Tools
- 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 Maxeff Engineering P Ltd
The main business activity of Maxeff Engineering P is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Maxeff Engineering P Ltd FY 2024 filings available
Maxeff Engineering P Ltd reported revenue of ₹7.92 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maxeff Engineering P Ltd
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 7% 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 Maxeff Engineering P Ltd
| 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 | ₹70.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.92 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 Maxeff Engineering P Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Maxeff Engineering P 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 Maxeff Engineering P Ltd
Maxeff Engineering P Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machine Tools, Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unipro Technocrats Private Limited | ₹7.95 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Surat, Gujarat, India |
| Associated Machinery Corporation Limited | ₹7.95 Cr (FY 2021) | •••• | •••• | -62.0% | •••• | Uttar Pradesh, India |
| HGP Solutions Private Limited | ₹7.95 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Ahmedabad, Gujarat, India |
| Walmik Agrotech Private Limited | ₹7.93 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Pune, Maharashtra, India |
| Taurus Private Limited | ₹7.93 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Bangalore North, Karnataka, India |
| Maxeff Engineering P Ltd this company | ₹7.92 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Ipec Engineering Private Limited | ₹7.92 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Ankleshwar, Gujarat, India |
| Sargam Electroplaters Private Limited | ₹7.91 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Nashik, Maharashtra, India |
| Sahani Engineers Private Limited | ₹7.89 Cr (FY 2025) | •••• | •••• | 220.0% | •••• | Vasai, Maharashtra, India |
| Golden Engineering Company Pvt Ltd | ₹7.87 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Vadodara, Gujarat, India |
| Altuntop Bakery Equipments Private Limited | ₹7.87 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Maxeff Engineering P by revenue in the Machinery and Equipment industry (Machine Tools, Process Machinery), 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 Maxeff Engineering P Ltd
Maxeff Engineering P Ltd is audited by R R SHAH & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R R 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 Maxeff Engineering P Ltd
Maxeff Engineering P has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetana Chetan Shah | Director | 01 Dec 2004 | 21 Years 10 Months | Current |
| Dimple Ketan Shah | Director | 01 Dec 2004 | 21 Years 10 Months | Current |
| Ketan Ramesh Shah | Director | 28 Oct 2017 | 8 Years 11 Months | Current |
| Chetan Rameshchandra Shah | Additional Director | 16 Jun 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Maxeff Engineering P Ltd
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 Maxeff Engineering P Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2020 | Others | ₹8 Lakh | Open |
| 05 Apr 2007 | Others | ₹50 Lakh | Open |
| 28 Feb 2018 | Others | ₹40 Lakh | Satisfied |
| 16 Jul 2013 | The Bassein Catholic Co-Operative Bank Limited | ₹15 Lakh | Satisfied |
| 20 Dec 2011 | Bassein Catholic Co-Op. Bank Ltd. | ₹10 Lakh | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Maxeff Engineering P Ltd
Employment history and EPFO contributions of people linked to Maxeff Engineering P.
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 Maxeff Engineering P Ltd
Maxeff Engineering P Ltd has 8 board changes on record since 1994: 6 appointments and 2 cessations. The latest: Chetan Rameshchandra Shah was appointed as Additional Director on 16 Jun 2025.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maxeff Engineering P Ltd
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 Maxeff Engineering P Ltd
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 Maxeff Engineering P Ltd
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 Maxeff Engineering P Ltd
Maxeff Engineering P has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3370J1ZG | Maharashtra | 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 Maxeff Engineering P Ltd
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 Maxeff Engineering P Ltd
Maxeff Engineering P is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 23 June 1994 (32+ years old) and is registered under CIN U34300MH1994PTC079164.
Maxeff Engineering P reported revenue of ₹7.92 Cr for FY 2024 (down 4% YoY).
Maxeff Engineering P has 4 current directors:
- Chetana Chetan Shah - Director
- Dimple Ketan Shah - Director
- Ketan Ramesh Shah - Director
- Chetan Rameshchandra Shah - Additional Director
Maxeff Engineering P reported a net profit of ₹34.92 Lakh (net margin 4.4%) and EBITDA of ₹70.08 Lakh (EBITDA margin 8.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxeff Engineering P is 23% over three years and 21% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxeff Engineering P is 27AAACM3370J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maxeff Engineering P is U34300MH1994PTC079164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxeff Engineering P was incorporated on 23 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maxeff Engineering P by revenue are Unipro Technocrats Private Limited, Associated Machinery Corporation Limited, HGP Solutions Private Limited, Walmik Agrotech Private Limited, Taurus Private Limited and 5 more, all in the Machinery and Equipment industry (Machine Tools, Process Machinery).
Chetan Rameshchandra Shah was appointed as Additional Director on 16 Jun 2025. Rajan Ramesh Shah ceased to be Director on 15 Feb 2025. Ketan Ramesh Shah was appointed as Director on 28 Oct 2017. Maxeff Engineering P has 8 board changes on record in total.
Maxeff Engineering P can be reached through the website maxeff.in. Its registered office is in Mumbai, Maharashtra, India.