Microtech Boilers Private Limited

Microtech Boilers Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29120GJ2009PTC057797 Incorporated 17 August 2009 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹19.11 Cr
▼ 24% YoY
Net profit · FY 2024
₹53.53 Lakh
Net margin 2.8%
EBITDA · FY 2024
₹1.79 Cr
EBITDA margin 9.4%
Authorised capital
₹1.11 Cr
Registered with MCA
Paid-up capital
₹1.11 Cr
Issued & subscribed
Open charges
₹13.25 Cr
Satisfied ₹8.85 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
9
Provident fund records

About Microtech Boilers Private Limited

Data last updated:

Microtech Boilers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 August 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ2009PTC057797. Its GSTIN is 24AAGCM1390J1ZG (Gujarat).

The company has an authorised share capital of ₹1.11 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors including Dipesh Lalitkumar Ajmera and Mital Dipesh Ajmera.

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 Plot No 105 Road No.7 G.I.D.C. Kathwada Odhav, Ahmedabad, Gujarat, India – 382430.

As per the financials filed for FY 2024, the company reported a revenue of ₹19.11 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹53.53 Lakh (net margin 2.8%) and EBITDA of ₹1.79 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: MicroTech Boilers and Microtech Boilers Private Limited. As per MCA filings, the company has open charges of ₹13.25 Cr and satisfied charges of ₹8.85 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹20 Lakh; the latest was in February 2012. Its 4 peer companies in the Machinery and Equipment industry (Boilers, Heavy Engineering), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger; the largest is Yogashri Heavy Engineering Private Limited with revenue of ₹19.82 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 24 overdue payments to 13 micro and small suppliers.

Microtech Boilers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0117353). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website microtechboilers.in.

Company details

CIN U29120GJ2009PTC057797
Registration Number 057797
Incorporation Date 17 August 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0117353
Key People
Induben Shrimali Naginbhai Additional Director Dipesh Lalitkumar Ajmera Director Mital Dipesh Ajmera Director

Recognitions & Rankings of Microtech Boilers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0117353

Contact details

Microtech Boilers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is microtechboilers.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    microtechboilers.in
  • Registered Address
    Plot No 105 Road No.7 G.I.D.C. Kathwada Odhav, Ahmedabad, Gujarat, India – 382430
  • Industry
    Machinery and Equipment, Heavy Engineering & Manufacturing

To see the full contact details of Microtech Boilers Private Limited, buy the company report.

Comprehensive company report
Microtech Boilers 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

Microtech Boilers operates two associated brands: MicroTech Boilers and Microtech Boilers Private Limited. Each brand links to its own profile.

BrandDescriptionWebsite
MicroTech Boilers
Manufacturing of industrial boilers, thermic fluid heaters, and related equipment in India.microtechboiler.com
Microtech Boilers Private Limited
Manufacturing of industrial boilers, thermic fluid heaters, and pollution control equipment in India.microtechboilers.com

Business activity

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

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Microtech Boilers Private Limited, buy the company report.

Financials of Microtech Boilers Private Limited

FY 2025 filings available

Microtech Boilers Private Limited reported revenue of ₹19.11 Cr (down 24% YoY) for FY 2024.

Revenue · FY 2024
₹19.11 Cr ▼ 24%
Net profit · FY 2024
₹53.53 Lakh margin 2.8%
EBITDA · FY 2024
₹1.79 Cr margin 9.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 11%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 48%
5 years · compounded
▲ 28%

Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 31% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.79 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹53.53 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.4%
Net Profit Margin2.8%
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

To see the full financial statements and ratios of Microtech Boilers Private Limited, buy the company report.

Board of directors of Microtech Boilers Private Limited

Microtech Boilers has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Induben Shrimali NaginbhaiAdditional Director15 Mar 20197 Years 7 MonthsCurrent
Dipesh Lalitkumar Ajmera
Also directs: Microtech Thermal Systems Private Limited, Microgen Power Private Limited
Director17 Aug 200917 Years 2 MonthsCurrent
Mital Dipesh Ajmera
Also directs: Microtech Thermal Systems Private Limited, Microgen Power Private Limited
Director17 Aug 200917 Years 2 MonthsCurrent
View all directors

Peer comparison

Microtech Boilers Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Boilers, Heavy Engineering), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Yogashri Heavy Engineering Private Limited₹19.82 Cr (FY 2025)-16.0%Ambattur, Madras 600 053, Tamil Nadu, India
Universal Heat Exchangers Limited₹19.53 Cr (FY 2025)86.0%Coimbatore, Tamil Nadu, India
Meenakshi Associates Private Ltd.₹19.5 Cr (FY 2024)44.0%New Delhi, Delhi, India
Star Boilers Private Limited₹19.27 Cr (FY 2025)-3.0%New Delhi, Delhi, India
Microtech Boilers Private Limitedthis company₹19.11 Cr (FY 2024)₹53.53 Lakh2.8%-24.0%9Ahmedabad, Gujarat, India

To see the full peer comparison of Microtech Boilers Private Limited, buy the company report.

Auditor

Microtech Boilers Private Limited is audited by MUKESH O PARIKH & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MUKESH O PARIKH & COFY 2023038629

Shareholding

The shareholding of Microtech Boilers 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Microtech Boilers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.25 Cr
Satisfied charges
₹8.85 Cr
Breakdown by lending institutions
Others₹13.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Sep 2023100791940Others₹13.25 CrOpen
10 Aug 2024100966014Others₹3.35 CrSatisfied
29 Oct 2018100218697Hdfc Bank Limited₹3.5 CrSatisfied
22 Feb 201210340793Syndicate Bank₹2 CrSatisfied

To see the full charge records of Microtech Boilers Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Microtech Boilers Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹20 Lakh; the latest was in February 2012.

Total deals
1
Funding round
1
Disclosed funding
₹20 Lakh

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2012Funding round₹20 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Microtech Boilers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 24 overdue payments to 13 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 13)

SupplierAmount dueDue sinceReported on
an individual supplier
JDS Casting Private Limited
Asbestos India
R.R.Patel Gases Private Limited
an individual supplier

To see the full MSME payment records of Microtech Boilers Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Microtech Boilers Private Limited has a workforce of 9 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
-18.2%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-279
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17
FY 2015-16
FY 2014-15

To see the full employee and EPFO history of Microtech Boilers Private Limited, buy the company report.

GST

Microtech Boilers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCM1390J1ZGGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Microtech Boilers Private Limited, buy the company report.

Recent activity

Microtech Boilers Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Induben Shrimali Naginbhai was appointed as Additional Director on 15 Mar 2019.

AGM
Microtech Boilers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 29 Oct 2018 via Charge ID 100218697 with Hdfc Bank Limited was fully satisfied on 10 Sep 2025.
Charges
A charge registered on 10 Aug 2024 via Charge ID 100966014 with Others was fully satisfied on 04 Sep 2025.
Charges
A charge with Others of Rs. 13.25 Cr registered on 11 Sep 2023 with Charge ID 100791940 was modified on 20 Aug 2025.
Filing
Microtech Boilers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 3.35 Cr with Charge ID 100966014 was registered on 10 Aug 2024.
Charges
A charge with Others amounted to Rs. 13.25 Cr with Charge ID 100791940 was registered on 11 Sep 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 3.50 Cr registered on 29 Oct 2018 with Charge ID 100218697 was modified on 08 Apr 2022.
Appointed
Induben Shrimali Naginbhai was appointed as Additional Director.
Charges
A charge registered on 22 Feb 2012 via Charge ID 10340793 with Syndicate Bank was fully satisfied on 05 Feb 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100218697 was registered on 29 Oct 2018.
Charges
A charge with Syndicate Bank of Rs. 2.00 Cr registered on 22 Feb 2012 with Charge ID 10340793 was modified on 02 Feb 2015.

4 earlier events are in the company report.

Frequently asked questions

Microtech Boilers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 17 August 2009 (17+ years old) and is registered under CIN U29120GJ2009PTC057797.

Microtech Boilers has 3 current directors:

The latest financial statements of Microtech Boilers 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 2015 are in the company report.

The GSTIN of Microtech Boilers is 24AAGCM1390J1ZG, registered in Gujarat.

The CIN (Corporate Identification Number) of Microtech Boilers is U29120GJ2009PTC057797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Microtech Boilers has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.

Microtech Boilers was incorporated on 17 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Microtech Boilers has 1 deal on record (1 funding round), with disclosed funding of ₹20 Lakh; the latest was in February 2012.

The peers of Microtech Boilers by revenue are Yogashri Heavy Engineering Private Limited, Universal Heat Exchangers Limited, Meenakshi Associates Private Ltd, Star Boilers Private Limited, all in the Machinery and Equipment industry (Boilers, Heavy Engineering), with the same principal business activity (metal and metal products).

Induben Shrimali Naginbhai was appointed as Additional Director on 15 Mar 2019. Dipesh Lalitkumar Ajmera was appointed as Director on 17 Aug 2009. Mital Dipesh Ajmera was appointed as Director on 17 Aug 2009.

Yes, Microtech Boilers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0117353).

Microtech Boilers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 24 overdue payments to 13 micro and small suppliers. The latest return was filed on 09 Jun 2019.