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Mec Technology Machines (I) Private Limited - machinery and equipment in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.15 Cr
▲ 32% YoY
Net profit · FY 2024
₹42.73 Lakh
Net margin 5.2%
EBITDA · FY 2024
₹64.81 Lakh
EBITDA margin 8%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹2.82 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
17
Provident fund records
About Mec Technology Machines (I) Private Limited
Data last updated:
Mec Technology Machines (I) Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29308MP2021PTC056026. Its GSTIN is 23AAOCM5855C1ZF (Madhya Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Uttam Rao Darvai and Chandra Shekhar Zarbade.
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 306 – A – 1 Sector 'E' Industrial Area Sanwer Road, Indore, Madhya Pradesh, India – 452015.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.15 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹42.73 Lakh (net margin 5.2%) and EBITDA of ₹64.81 Lakh (EBITDA margin 8%).
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mec Technology. As per MCA filings, the company has open charges of ₹2.82 Cr on record.
Mec Technology Machines (I) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0019114). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mectechnology.co.in.
Company details
CIN U29308MP2021PTC056026
Registration Number 056026
Incorporation Date 12 May 2021
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MP-23-0019114
Recognitions & Rankings of Mec Technology Machines (I)
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0019114
Contact details
Mec Technology Machines (I) Private Limited's registered office is in Indore, Madhya Pradesh. Its website is mectechnology.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address306 – A – 1 Sector 'E' Industrial Area Sanwer Road, Indore, Madhya Pradesh, India – 452015
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Mec Technology Machines (I) Private Limited, buy the company report.
Comprehensive company report
Mec Technology Machines (I) 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
Mec Technology Machines (I) operates one associated brand: Mec Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of band saw and circular saw machines, along with engineering services in India. | mectechnology.co.in |
Business activity
The main business activity of Mec Technology Machines (I) is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Mec Technology Machines (I) Private Limited, buy the company report.
Financials of Mec Technology Machines (I) Private Limited
FY 2025 filings availableMec Technology Machines (I) Private Limited reported revenue of ₹8.15 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹8.15 Cr ▲ 32%
Net profit · FY 2024
₹42.73 Lakh margin 5.2%
EBITDA · FY 2024
₹64.81 Lakh margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
EBITDA CAGR growth
1 year
▲ 154%
Revenue rose 32% in the latest year. EBITDA rose 154% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹64.81 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹42.73 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8% | ||
| Net Profit Margin | 5.2% | ||
| 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 Mec Technology Machines (I) Private Limited, buy the company report.
Board of directors of Mec Technology Machines (I) Private Limited
Mec Technology Machines (I) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttam Rao Darvai | Director | 12 May 2021 | 5 Years 5 Months | Current |
| Chandra Shekhar Zarbade | Director | 12 May 2021 | 5 Years 5 Months | Current |
Auditor
Mec Technology Machines (I) Private Limited is audited by Vishnu Gupta & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishnu Gupta & Associates | FY 2023 | 075560 |
Shareholding
The shareholding of Mec Technology Machines (I) Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mec Technology Machines (I) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.82 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2021 | 100494720 | Hdfc Bank Limited | ₹2.82 Cr | Open |
To see the full charge records of Mec Technology Machines (I) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mec Technology Machines (I) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mec Technology Machines (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mec Technology Machines (I) Private Limited has a workforce of 17 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-10.53%
GST
Mec Technology Machines (I) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAOCM5855C1ZF | Madhya Pradesh | Active | 12 May 2021 |
To see the full GST registrations and return filing status of Mec Technology Machines (I) Private Limited, buy the company report.
Recent activity
Mec Technology Machines (I) Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Chandra Shekhar Zarbade was appointed as Director on 12 May 2021.
AGM
Mec Technology Machines (I) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 282.33 Lakh registered on 01 Oct 2021 with Charge ID 100494720 was modified on 01 May 2025.
Filing
Mec Technology Machines (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 282.33 Lakh with Charge ID 100494720 was registered on 01 Oct 2021.
Appointed
Chandra Shekhar Zarbade was appointed as Director.
Appointed
Uttam Rao Darvai was appointed as Director.
Incorporation
12 May 2021
Mec Technology Machines (I) Private Limited was registered on 12 May 2021 with Roc Gwalior & aged 5 years 5 months as per MCA records.
Frequently asked questions
Mec Technology Machines (I) is an active private limited company based in Indore, Madhya Pradesh, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 12 May 2021 (5+ years old) and is registered under CIN U29308MP2021PTC056026.
Mec Technology Machines (I) has 2 current directors:
- Uttam Rao Darvai - Director
- Chandra Shekhar Zarbade - Director
The latest financial statements of Mec Technology Machines (I) 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 FY 2022 are in the company report.
The GSTIN of Mec Technology Machines (I) is 23AAOCM5855C1ZF, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mec Technology Machines (I) is U29308MP2021PTC056026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mec Technology Machines (I) was incorporated on 12 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
Chandra Shekhar Zarbade was appointed as Director on 12 May 2021. Uttam Rao Darvai was appointed as Director on 12 May 2021.
Yes, Mec Technology Machines (I) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mec Technology Machines (I) is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0019114).
Mec Technology Machines (I) can be reached through the website mectechnology.co.in. Its registered office is in Indore, Madhya Pradesh, India.