About Metro Elevators Company Private Limited
Data last updated:
Metro Elevators Company Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1998PTC034464. Its GSTIN is 24AACCM1406B1ZC (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.67 Lakh. It is led by directors including Pankajkumar Jashwantlal Shah (Managing Director) and Dhaval Pankajkumar 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 407 Rajkamal Plaza – Bsattar Taluka Society Opp Sakar – III Income – Tax, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.1 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.36 Lakh (net margin 0.6%) and EBITDA of ₹12.87 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹1.8 Cr and satisfied charges of ₹97 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 metroelevators.com.
Company details
Contact details
Metro Elevators Company Private Limited's registered office is in Ahmedabad, Gujarat. Its website is metroelevators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address407 Rajkamal Plaza – Bsattar Taluka Society Opp Sakar – III Income – Tax, Ahmedabad, Gujarat, India – 380014
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Metro Elevators Company 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
Business activity
The main business activity of Metro Elevators Company is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Metro Elevators Company Private Limited, buy the company report.
Financials of Metro Elevators Company Private Limited
FY 2024 filings availableMetro Elevators Company Private Limited reported revenue of ₹6.1 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 30% growth in the latest year. EBITDA rose 8% 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 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 | ₹12.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.36 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 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Metro Elevators Company Private Limited, buy the company report.
Board of directors of Metro Elevators Company Private Limited
Metro Elevators Company has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Pankajkumar Shah | Director | 01 Oct 2013 | 13 Years 1 Months | Current |
| Ranjanben Pankajkumar Shah | Director | 26 Jul 2022 | 4 Years 3 Months | Current |
| Pankajkumar Jashwantlal Shah Also directs: All India Lift Upliftment Federation | Managing Director | 30 Jul 1998 | 28 Years 3 Months | Current |
Auditor
Metro Elevators Company Private Limited is audited by P A Parekh & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P A Parekh & Co | FY 2023 | 130321W |
Shareholding
The shareholding of Metro Elevators Company Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Metro Elevators Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101101361 | Others | ₹20 Lakh | Open | |
| 06 May 2024 | 100947477 | Yes Bank Limited | ₹1.6 Cr | Open | |
| 07 Mar 2014 | 10486533 | Vijaya Bank | ₹50 Lakh | Satisfied | |
| 07 Oct 2011 | 10311586 | Bank of Maharashtra | ₹7 Lakh | Satisfied | |
| 19 Jun 2010 | 10225028 | Bank of Maharashtra | ₹40 Lakh | Satisfied |
To see the full charge records of Metro Elevators Company Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Metro Elevators Company 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 Metro Elevators Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Metro Elevators Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCM1406B1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Metro Elevators Company Private Limited, buy the company report.
Recent activity
Metro Elevators Company Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Ranjanben Pankajkumar Shah was appointed as Director on 26 Jul 2022.
4 earlier events are in the company report.
Frequently asked questions
Metro Elevators Company is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 30 July 1998 (28+ years old) and is registered under CIN U29199GJ1998PTC034464.
Metro Elevators Company has 3 current directors:
- Pankajkumar Jashwantlal Shah - Managing Director
- Dhaval Pankajkumar Shah - Director
- Ranjanben Pankajkumar Shah - Director
The latest financial statements of Metro Elevators Company 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 Metro Elevators Company is 24AACCM1406B1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Metro Elevators Company is U29199GJ1998PTC034464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metro Elevators Company was incorporated on 30 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ranjanben Pankajkumar Shah was appointed as Director on 26 Jul 2022. Ranjanben Pankajkumar Shah ceased to be Director on 10 Mar 2021. Dhaval Pankajkumar Shah was appointed as Director on 01 Oct 2013. Metro Elevators Company has 5 board changes on record in total.
Metro Elevators Company can be reached through the website metroelevators.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Metro Elevators Company is at 407 Rajkamal Plaza – Bsattar Taluka Society Opp Sakar – III Income – Tax, Ahmedabad, Gujarat, India – 380014.
Metro Elevators Company operates in the machinery and equipment industry, in the material handling and storage equipment segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
