About Monarch Elevators (India) Private Limited
Data last updated:
Monarch Elevators (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29241MH1995PTC092447. Its GSTIN is 27AAACM8019Q1ZY (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Monarch Elevator Company Private Limited. It is led by directors including Ramanbhai Nagardas Panchal and Abhishek Raman Panchal.
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 Jyoti Studio Compoundkenndy Bridge Grant Road, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.96 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Lakh (net margin 2.8%) and EBITDA of ₹2.58 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monarchelevator.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressJyoti Studio Compoundkenndy Bridge Grant Road, Mumbai, Maharashtra, India – 400007
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Monarch Elevators (India) Private Limited
The main business activity of Monarch Elevators (India) 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 Monarch Elevators (India) Private Limited FY 2025 filings available
Monarch Elevators (India) Private Limited reported revenue of ₹65.96 Lakh (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Monarch Elevators (India) Private Limited
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 23% 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 Monarch Elevators (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹2.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.87 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 Monarch Elevators (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Monarch Elevators (India) are in the company report.
Financial statements from 2015
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 Monarch Elevators (India) Private Limited
Monarch Elevators (India) Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ibiji Lifts Private Limited | •••• | •••• | •••• | •••• | 18 | Kolkata, West Bengal, India |
| Amogh Hydraulic Spares Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Jfta Elevator and Escalator Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Synergy Global Engineering Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Grapplers India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Monarch Elevators (India) Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ferrous Automations Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Crane Owners Association of India | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sanway Elevators (E & W) Private Limited | •••• | •••• | •••• | •••• | - | Amravati, Maharashtra, India |
| Ut Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sumo Pullman Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Monarch Elevators (India) by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 Monarch Elevators (India) Private Limited
Monarch Elevators (India) Private Limited is audited by LAXMINARAYAN HEGDE for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LAXMINARAYAN HEGDE | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Monarch Elevators (India) Private Limited
Monarch Elevators (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanbhai Nagardas Panchal | Director | 17 Sep 1995 | 31 Years 0 Months | Current |
| Abhishek Raman Panchal | Director | 09 Nov 2016 | 9 Years 10 Months | Current |
| Chirag Ramanlal Panchal | Director | 09 Nov 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Monarch Elevators (India) 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 Monarch Elevators (India) Private Limited
Monarch Elevators (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Monarch Elevators (India) Private Limited
Employment history and EPFO contributions of people linked to Monarch Elevators (India).
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 Monarch Elevators (India) Private Limited
Monarch Elevators (India) Private Limited has 5 board changes on record since 1995: 4 appointments and 1 cessation. The latest: Abhishek Raman Panchal was appointed as Director on 09 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Monarch Elevators (India) 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 Monarch Elevators (India) 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 Monarch Elevators (India) 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 Monarch Elevators (India) Private Limited
Monarch Elevators (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM8019Q1ZY | Maharashtra | Active | 01 Jul 2017 |
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 Monarch Elevators (India) 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 Monarch Elevators (India) Private Limited
Monarch Elevators (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 07 September 1995 (31+ years old) and is registered under CIN U29241MH1995PTC092447.
Monarch Elevators (India) reported revenue of ₹65.96 Lakh for FY 2025 (down 24% YoY).
Monarch Elevators (India) has 3 current directors:
- Ramanbhai Nagardas Panchal - Director
- Abhishek Raman Panchal - Director
- Chirag Ramanlal Panchal - Director
Monarch Elevators (India) reported a net profit of ₹1.87 Lakh (net margin 2.8%) and EBITDA of ₹2.58 Lakh (EBITDA margin 3.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Monarch Elevators (India) is 16% over five years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Monarch Elevators (India) is 27AAACM8019Q1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Monarch Elevators (India) is U29241MH1995PTC092447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monarch Elevators (India) was incorporated on 07 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Monarch Elevators (India) by revenue are Ibiji Lifts Private Limited, Amogh Hydraulic Spares Private Limited, Jfta Elevator and Escalator Private Limited, Synergy Global Engineering Private Limited, Grapplers India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Abhishek Raman Panchal was appointed as Director on 09 Nov 2016. Chirag Ramanlal Panchal was appointed as Director on 09 Nov 2016. Jyotsnaben Ramanbhai Panchal ceased to be Director on 09 Nov 2016. Monarch Elevators (India) has 5 board changes on record in total.
Monarch Elevators (India) can be reached through the website monarchelevator.com. Its registered office is in Mumbai, Maharashtra, India.