Mechtech Storage System Private Limited
About Mechtech Storage System Private Limited
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Mechtech Storage System Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the manufacturing segment of the fabrication and metalwork sector. It was incorporated on 13 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28999MH2018PTC318232. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajan Gopinath Salaskar and Ritesh Rajan Salaskar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gala 9 A Jai Ambe Industrial Estate Behind H P Gas Godown Goddev Fatak Road, Thane, Maharashtra, India – 401105.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.51 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹1.4 Lakh (net margin -92.5%) and EBITDA of -₹1.4 Lakh (EBITDA margin -92.5%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
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- Registered AddressGala 9 A Jai Ambe Industrial Estate Behind H P Gas Godown Goddev Fatak Road, Thane, Maharashtra, India – 401105
- IndustryFabrication, Manufacturing, Metal Fabricated Products
- 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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Business Activity of Mechtech Storage System Private Limited
The main business activity of Mechtech Storage System is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper 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 Mechtech Storage System Private Limited FY 2023 filings available
Mechtech Storage System Private Limited reported revenue of ₹1.51 Lakh (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mechtech Storage System Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 94% fall in the latest year. EBITDA fell 371% 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 Mechtech Storage System Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.4 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 Mechtech Storage System Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -92.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -92.5% | •••• | •••• | •••• | •••• |
| 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 Mechtech Storage System are in the company report.
Financial statements from FY 2019
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 Mechtech Storage System Private Limited
Mechtech Storage System Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wood and wood products, furniture, paper and paper products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magus Lifestyle Private Limited | ₹1.55 Lakh (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Pitroda Furniture Private Limited | ₹1.54 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Regal (India) Private Limited | ₹1.54 Lakh (FY 2024) | •••• | •••• | -94.0% | •••• | Delhi, India |
| Build Matrix Private Limited | ₹1.53 Lakh (FY 2017) | •••• | •••• | -5.0% | •••• | Vasai, Maharashtra, India |
| Maryjane Ventures Private Limited | ₹1.51 Lakh (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Mechtech Storage System Private Limited this company | ₹1.51 Lakh (FY 2023) | •••• | •••• | -94.0% | •••• | Thane, Maharashtra, India |
| K K N Wood Products Private Limited | ₹1.51 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Yamuna Nagar, Haryana, India |
| Sparkle Projects India Private Limited | ₹1.5 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Solpro Ash India Private Limited | ₹1.5 Lakh (FY 2024) | •••• | •••• | 253.0% | •••• | Gurugram, Haryana, India |
| Skylar Expeditions Private Limited | ₹1.49 Lakh (FY 2024) | •••• | •••• | -66.0% | •••• | Thane, Maharashtra, India |
| Good-Boys Manufacturer Private Limited | ₹1.47 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Haldwani, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Mechtech Storage System by revenue in the same principal business activity (Wood and wood products, furniture, paper and paper products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Mechtech Storage System Private Limited
Mechtech Storage System has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan Gopinath Salaskar | Director | 13 Dec 2018 | 7 Years 9 Months | Current |
| Ritesh Rajan Salaskar Also directs: Rack & Stack Storage Systems Private Limited | Director | 13 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Mechtech Storage System 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 Mechtech Storage System Private Limited
Mechtech Storage System Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mechtech Storage System Private Limited
Employment history and EPFO contributions of people linked to Mechtech Storage System.
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 Mechtech Storage System Private Limited
Mechtech Storage System Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Rajan Gopinath Salaskar was appointed as Director on 13 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Mechtech Storage System 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.
MSME Payment Delays by Mechtech Storage System Private Limited
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 Mechtech Storage System 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 Mechtech Storage System Private Limited
Mechtech Storage System has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Mechtech Storage System 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 Mechtech Storage System Private Limited
Mechtech Storage System is an active private limited company based in Thane, Maharashtra, India. The company works in manufacturing, within the fabrication industry. It was incorporated on 13 December 2018 (8+ years old) and is registered under CIN U28999MH2018PTC318232.
Mechtech Storage System reported revenue of ₹1.51 Lakh for FY 2023 (down 94% YoY).
Mechtech Storage System has 2 current directors:
- Rajan Gopinath Salaskar - Director
- Ritesh Rajan Salaskar - Director
Mechtech Storage System reported a net loss of ₹1.4 Lakh (net margin -92.5%) and EBITDA of -₹1.4 Lakh (EBITDA margin -92.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mechtech Storage System is -69% over three years. In the latest year (FY 2023) revenue fell 94%. CAGR is the steady yearly rate that links the first and the last year.
No. Mechtech Storage System has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mechtech Storage System is U28999MH2018PTC318232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mechtech Storage System was incorporated on 13 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mechtech Storage System by revenue are Magus Lifestyle Private Limited, Pitroda Furniture Private Limited, Regal (India) Private Limited, Build Matrix Private Limited, Maryjane Ventures Private Limited and 5 more, all in the same principal business activity (Wood and wood products, furniture, paper and paper products).
Rajan Gopinath Salaskar was appointed as Director on 13 Dec 2018. Ritesh Rajan Salaskar was appointed as Director on 13 Dec 2018.
The registered office of Mechtech Storage System is at Gala 9 A Jai Ambe Industrial Estate Behind H P Gas Godown Goddev Fatak Road, Thane, Maharashtra, India – 401105.