About Mechatronik Renewables Private Limited
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Mechatronik Renewables Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 04 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29296GJ2014PTC080011. Its GSTIN is 24AAJCM2863M2Z2 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Swapna Niket Shah and Niket Rajeshbhai 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 Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.93 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.95 Lakh (net margin 1.2%) and EBITDA of ₹30.88 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 23% over five years.
The company is associated with 1 brand: Mechatronik. As per MCA filings, the company has open charges of ₹11.16 Cr and satisfied charges of ₹34 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mechatroniksolar.com.
Company details
Contact details
Mechatronik Renewables Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mechatroniksolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address204 S.F./A Aatish Annexe Near Idbi Complex Opp Kadva Patidar Hostel Gulbai Tekra El, Isbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Mechatronik Renewables 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
Brands
Mechatronik Renewables operates one associated brand: Mechatronik. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar engineering, procurement, and construction services for renewable projects. | mechatroniksolar.com |
Business activity
The main business activity of Mechatronik Renewables is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mechatronik Renewables Private Limited, buy the company report.
Financials of Mechatronik Renewables Private Limited
FY 2024 filings availableMechatronik Renewables Private Limited reported revenue of ₹4.93 Cr (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 38% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.93 Cr | ||||
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| EBITDA | ₹30.88 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mechatronik Renewables Private Limited, buy the company report.
Board of directors of Mechatronik Renewables Private Limited
Mechatronik Renewables has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapna Niket Shah Also directs: Praveka Energy LLP | Director | 03 May 2024 | 2 Years 6 Months | Current |
| Niket Rajeshbhai Shah Also directs: Greywall Turnkey Solutions LLP, Ralos Energy Exim LLP, Aatmanirbhar Solar Private Limited and 4 more | Director | 04 Jul 2014 | 12 Years 4 Months | Current |
Auditor
Mechatronik Renewables Private Limited is audited by Nisarg Khatri and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nisarg Khatri and Associates | FY 2023 | 188787 |
Shareholding
The shareholding of Mechatronik Renewables 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mechatronik Renewables Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101117559 | Others | ₹3.09 Cr | Open | |
| 17 Feb 2021 | 100417444 | Hdfc Bank Limited | ₹8.07 Cr | Open | |
| 10 Jul 2017 | 100172552 | Bank of India | ₹34 Lakh | Satisfied |
To see the full charge records of Mechatronik Renewables Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mechatronik Renewables Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S.Kruger Ventilation Industries India Pvt. Ltd Through Sen Kumar Ramdas Puleriya | Disposed |
To see the full case history of Mechatronik Renewables 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
Mechatronik Renewables Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 33 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| PV Renewables |
To see the full MSME payment records of Mechatronik Renewables Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mechatronik Renewables has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCM2863M2Z2 | Gujarat | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of Mechatronik Renewables Private Limited, buy the company report.
Recent activity
Mechatronik Renewables Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Meena Ben Rajeshbhai Shah ceased to be Director on 03 May 2024.
3 earlier events are in the company report.
Frequently asked questions
Mechatronik Renewables is an active private limited company based in Ahmedabad, Gujarat, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 04 July 2014 (12+ years old) and is registered under CIN U29296GJ2014PTC080011.
Mechatronik Renewables has 2 current directors:
- Swapna Niket Shah - Director
- Niket Rajeshbhai Shah - Director
The latest financial statements of Mechatronik Renewables 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 Mechatronik Renewables is 24AAJCM2863M2Z2, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mechatronik Renewables is U29296GJ2014PTC080011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mechatronik Renewables has 1 court case on record: 1 filed against it.
Mechatronik Renewables was incorporated on 04 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Meena Ben Rajeshbhai Shah ceased to be Director on 03 May 2024. Swapna Niket Shah was appointed as Director on 03 May 2024. Mehul Maheshkumar Dave ceased to be Additional Director on 15 Jul 2017. Mechatronik Renewables has 6 board changes on record in total.
Mechatronik Renewables has 6 MSME Form 1 returns on record between 2019 and 2021, listing 33 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Jun 2021.
Mechatronik Renewables can be reached through the website mechatroniksolar.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Mechatronik Renewables is at 204 S.F.A Aatish Annexe Near Idbi Complex Opp Kadva Patidar Hostel Gulbai Tekra El, Isbridge, Ahmedabad, Gujarat, India – 380006.
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