Mehtex Engineering Private Limited

Mehtex Engineering Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U45202GJ1999PTC035955 Incorporated 07 May 1999 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹14.42 Cr
▼ 15% YoY
Net profit · FY 2025
₹54.7 Lakh
Net margin 3.8%
EBITDA · FY 2025
₹1.76 Cr
EBITDA margin 12.2%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹19.8 Lakh
Issued & subscribed
Open charges
₹20.46 Cr
Satisfied ₹40 Lakh
Company age
27 yrs
Est. 1999
Employees · EPFO
28
Provident fund records

About Mehtex Engineering Private Limited

Data last updated:

Mehtex Engineering Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 07 May 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45202GJ1999PTC035955. Its GSTIN is 24AABCM6284A1ZT (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.8 Lakh. It is led by directors including Deepesh Yeshwant Mehta and Prabhavantiben Yeshwantbhai Mehta.

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 2025, the company reported a revenue of ₹14.42 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹54.7 Lakh (net margin 3.8%) and EBITDA of ₹1.76 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.

The company has about 28 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Mehtex Casting. As per MCA filings, the company has open charges of ₹20.46 Cr and satisfied charges of ₹40 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 mehtex.com.

Company Details of Mehtex Engineering Private Limited
CIN U45202GJ1999PTC035955
Registration Number 035955
Incorporation Date 07 May 1999
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    79/3 Phase II G.I.D.C. Estate Opp – Mediwin Pharmaceutic, Al Naroda, Ahmedabad, Gujarat, India – 382330
  • Industry
    Manufacturing, Die Casting & Metal Forming
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Financials, compliance, directors, charges, ownership and filings for Mehtex Engineering Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mehtex Engineering Private Limited

The main business activity of Mehtex Engineering is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Mehtex Engineering Private Limited FY 2024 filings available

Mehtex Engineering Private Limited reported revenue of ₹14.42 Cr (down 15% YoY) for FY 2025.

Revenue · FY 2025
₹14.42 Cr ▼ 15%
Net profit · FY 2025
₹54.7 Lakh margin 3.8%
EBITDA · FY 2025
₹1.76 Cr margin 12.2%

Compounded Annual Growth Rate (CAGR) of Mehtex Engineering Private Limited

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 4%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 49%
3 years · compounded
▲ 13%
5 years · compounded
▲ 8%

Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 49% 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 Mehtex Engineering Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.76 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹54.7 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 Mehtex Engineering Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.2%••••••••••••••••
Net Profit Margin3.8%••••••••••••••••
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 Mehtex Engineering are in the company report.

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Financial statements from 2015

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Peer Comparison of Mehtex Engineering Private Limited

Mehtex Engineering Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Die Casting). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Magnatherm Alloys Private Limited••••••••••••••••17Chennai, Tamil Nadu, India
Melco Precisions Private Ltd••••••••••••••••-Delhi, India
Iemco Industries Private Limited••••••••••••••••-Jamshedpur, Jharkhand, India
Steel Cast Aid Limited••••••••••••••••-Bhilai, Chattisgarh, India
Bluemount Castings Private Limited••••••••••••••••-Coimbatore, Tamil Nadu, India
Mehtex Engineering Private Limited this company••••••••••••••••-Ahmedabad, Gujarat, India
Sri Kumaran Alloys Private Limited••••••••••••••••22Karamadai, Tamil Nadu, India
Multimelt Steels Private Limited••••••••••••••••-Punjab, India
Rajmani Castings Private Limited••••••••••••••••-Delhi, India
Gangadhar Alloy Private Limited••••••••••••••••21Kolhapur, Maharashtra, India
Mudra Dies & Patterns Private Limited••••••••••••••••-Pune, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Mehtex Engineering by revenue in the Manufacturing industry (Die Casting), 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 Mehtex Engineering Private Limited

Mehtex Engineering Private Limited is audited by SARC & Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
SARC & AssociatesLockedLockedLocked
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Board of Directors of Mehtex Engineering Private Limited

Mehtex Engineering has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepesh Yeshwant MehtaDirector07 May 199927 Years 5 MonthsCurrent
Prabhavantiben Yeshwantbhai MehtaDirector22 May 201511 Years 4 MonthsCurrent
Neena Deepesh MehtaDirector22 May 201511 Years 4 MonthsCurrent
Yeshwantkumar Girdharlal MehtaDirector07 May 199927 Years 5 MonthsCurrent

Ownership and Shareholding of Mehtex Engineering Private Limited

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Charges & Borrowings of Mehtex Engineering Private Limited

Open charges
₹20.46 Cr
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Others₹19.67 Cr
Dena Bank₹0.78 Cr
Latest charge details
DateLenderAmountStatus
22 Nov 2019Others₹45.25 LakhOpen
12 Aug 2016Others₹12.19 CrOpen
07 Apr 2016Others₹7.03 CrOpen
13 Aug 2009Dena Bank₹78.29 LakhOpen
20 May 2004Central Bank of India₹40 LakhSatisfied

Total charge records: 5 View all charges

MSME Payment Delays by Mehtex Engineering Private Limited

Mehtex Engineering Private Limited has 1 MSME Form 1 return on record, listing 2 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Lubgraf Synoils Pvt Ltd••••••••••••
Cast Make••••••••••••
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Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Mehtex Engineering Private Limited

Mehtex Engineering operates one associated brand: Mehtex Casting. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of aluminium die casting and precision components in India.mehtexcastings.com

Employees and EPFO Compliance at Mehtex Engineering Private Limited

Mehtex Engineering Private Limited has a workforce of 28 employees as of Apr 08, 2024.

Employee count
28
Active EPFO establishments
1
Employee growth
12%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Mehtex Engineering Private Limited

Mehtex Engineering Private Limited has 7 board changes on record since 1999: 4 appointments and 3 cessations. The latest: Yeshwantkumar Girdharlal Mehta ceased to be Director on 13 Mar 2025.

Charges
A charge with Others of Rs. 703.18 Lakh registered on 07 Apr 2016 with Charge ID 100020198 was modified on 30 Oct 2025.
Ceased
Yeshwantkumar Girdharlal Mehta ceased to be Director.
AGM
Mehtex Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mehtex Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 1,218.97 Lakh registered on 12 Aug 2016 with Charge ID 100086645 was modified on 23 Feb 2024.
Charges
A charge with Others of Rs. 45.25 Lakh registered on 22 Nov 2019 with Charge ID 100302675 was modified on 20 Jul 2020.
Charges
A charge with Others amounted to Rs. 45.25 Lakh with Charge ID 100302675 was registered on 22 Nov 2019.
Charges
A charge with Others amounted to Rs. 1,218.97 Lakh with Charge ID 100086645 was registered on 12 Aug 2016.
Charges
A charge with Others amounted to Rs. 703.18 Lakh with Charge ID 100020198 was registered on 07 Apr 2016.
Ceased
Neena Deepesh Mehta ceased to be Additional Director.
Ceased
Prabhavantiben Yeshwantbhai Mehta ceased to be Additional Director.
Appointed
Neena Deepesh Mehta was appointed as Director.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Mehtex Engineering Private Limited

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Subsidiaries & Group Companies of Mehtex Engineering Private Limited

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GST Compliance of Mehtex Engineering Private Limited

Mehtex Engineering has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AABCM6284A1ZTGujaratActive01 Jul 2017
24AABCM6284A1D2GujaratActive18 Dec 2024
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Mehtex Engineering Private Limited

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MCA filings and documents

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Frequently Asked Questions about Mehtex Engineering Private Limited

Mehtex Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 07 May 1999 (27+ years old) and is registered under CIN U45202GJ1999PTC035955.

Mehtex Engineering reported revenue of ₹14.42 Cr for FY 2025 (down 15% YoY).

Mehtex Engineering has 4 current directors:

Mehtex Engineering reported a net profit of ₹54.7 Lakh (net margin 3.8%) and EBITDA of ₹1.76 Cr (EBITDA margin 12.2%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mehtex Engineering is 4% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mehtex Engineering is 24AABCM6284A1ZT, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCM6284A1D2 (Gujarat).

The CIN (Corporate Identification Number) of Mehtex Engineering is U45202GJ1999PTC035955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mehtex Engineering was incorporated on 07 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Mehtex Engineering by revenue are Magnatherm Alloys Private Limited, Melco Precisions Private Ltd, Iemco Industries Private Limited, Steel Cast Aid Limited, Bluemount Castings Private Limited and 5 more, all in the Manufacturing industry (Die Casting).

Yeshwantkumar Girdharlal Mehta ceased to be Director on 13 Mar 2025. Neena Deepesh Mehta ceased to be Additional Director on 30 Sep 2015. Prabhavantiben Yeshwantbhai Mehta ceased to be Additional Director on 30 Sep 2015. Mehtex Engineering has 7 board changes on record in total.

Mehtex Engineering has 1 MSME Form 1 return on record, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 May 2019.

Mehtex Engineering can be reached through the website mehtex.com. Its registered office is in Ahmedabad, Gujarat, India.

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