About Movetech Conveyors Private Limited
Data last updated:
Movetech Conveyors Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC170722. Its GSTIN is 27AALCM1054A1ZV (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Dasopant Digambarao Goswami and Santosh Sudam Medankar.
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 Plot No. Pap – S – 74/1 Chakan MIDC Ph – II Savardari Khed, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.31 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹2.27 Cr (net margin 11.2%) and EBITDA of ₹3.36 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.95 Cr 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 movetechconveyors.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. Pap – S – 74/1 Chakan MIDC Ph – II Savardari Khed, Pune, Maharashtra, India – 410501
- 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 Movetech Conveyors Private Limited
The main business activity of Movetech Conveyors is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Movetech Conveyors Private Limited FY 2024 filings available
Movetech Conveyors Private Limited reported revenue of ₹20.31 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Movetech Conveyors Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 46% 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 Movetech Conveyors 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 | ₹3.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.27 Cr | •••• | •••• | •••• | •••• |
| 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 Movetech Conveyors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.2% | •••• | •••• | •••• | •••• |
| 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 Movetech Conveyors are in the company report.
Financial statements from FY 2018
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 Movetech Conveyors Private Limited
Movetech Conveyors Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mbe Coal & Mineral Technology India Private Limited | ₹20.49 Cr (FY 2022) | •••• | •••• | -16.0% | •••• | Midnapore, West Bengal, India |
| Autosys Engineering Private Limited | ₹20.46 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Ramkumar Electrotech Private Limited | ₹20.41 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Secunderabad, Telangana, India |
| Kamtress Automation Systems Private Limited | ₹20.38 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Bangalore, Karnataka, India |
| Obial India Private Limited | ₹20.37 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kapurthala, Punjab, India |
| Movetech Conveyors Private Limited this company | ₹20.31 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Pune, Maharashtra, India |
| Eddycranes Engineers Private Limited | ₹20.27 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Strongplus India Limited | ₹20.23 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Delhi, India |
| GMV Engineering Private Limited | ₹20.15 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Chennai, Tamil Nadu, India |
| East Coast Enterprisers Limited | ₹20.01 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Automech Industries Private Limited | ₹19.92 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Movetech Conveyors by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Movetech Conveyors Private Limited
Movetech Conveyors Private Limited is audited by KHARE DESHMUKH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHARE DESHMUKH & CO. | 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 Movetech Conveyors Private Limited
Movetech Conveyors has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dasopant Digambarao Goswami Also directs: Mototech Harnessing Solutions Private Limited | Director | 30 May 2017 | 9 Years 4 Months | Current |
| Santosh Sudam Medankar | Director | 30 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Movetech Conveyors 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 Movetech Conveyors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2025 | Axis Bank Limited | ₹4.95 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Movetech Conveyors Private Limited
Movetech Conveyors Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 351 overdue payments to 59 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 59)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mass Technomech Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Dhanshri Bright Steels | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Movetech Conveyors Private Limited
Movetech Conveyors Private Limited has a workforce of 46 employees as of Apr 01, 2024.
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 Movetech Conveyors Private Limited
Movetech Conveyors Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Dasopant Digambarao Goswami was appointed as Director on 30 May 2017.
Credit Ratings, Litigation & Regulatory Alerts for Movetech Conveyors 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.
Subsidiaries & Group Companies of Movetech Conveyors 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 Movetech Conveyors Private Limited
Movetech Conveyors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM1054A1ZV | 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 Movetech Conveyors 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 Movetech Conveyors Private Limited
Movetech Conveyors is an active private limited company based in Pune, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 30 May 2017 (9+ years old) and is registered under CIN U74999PN2017PTC170722.
Movetech Conveyors reported revenue of ₹20.31 Cr for FY 2025 (down 31% YoY).
Movetech Conveyors has 2 current directors:
- Dasopant Digambarao Goswami - Director
- Santosh Sudam Medankar - Director
Movetech Conveyors reported a net profit of ₹2.27 Cr (net margin 11.2%) and EBITDA of ₹3.36 Cr (EBITDA margin 16.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Movetech Conveyors is 20% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Movetech Conveyors is 27AALCM1054A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Movetech Conveyors is U74999PN2017PTC170722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Movetech Conveyors was incorporated on 30 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Movetech Conveyors by revenue are Mbe Coal & Mineral Technology India Private Limited, Autosys Engineering Private Limited, Ramkumar Electrotech Private Limited, Kamtress Automation Systems Private Limited, Obial India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Dasopant Digambarao Goswami was appointed as Director on 30 May 2017. Santosh Sudam Medankar was appointed as Director on 30 May 2017.
Movetech Conveyors has 3 MSME Form 1 returns on record between 2019 and 2023, listing 351 overdue payments to 59 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Movetech Conveyors can be reached through the website movetechconveyors.com. Its registered office is in Pune, Maharashtra, India.