MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-03-0000066
Emtici Engineering Limited - energy and power in Anand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹116.13 Cr
▼ 3% YoY
Net profit · FY 2025
₹3.48 Cr
Net margin 3%
EBITDA · FY 2025
₹13.19 Cr
EBITDA margin 11.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹170
Issued & subscribed
Open charges
₹125.29 Cr
Satisfied ₹556.22 Cr
Company age
70 yrs
Est. 1956
Employees · EPFO
57
Provident fund records
About Emtici Engineering Limited
Data last updated:
Emtici Engineering Limited is a public limited company based in Anand, Gujarat, India, a subsidiary of Aakaaish Investments Private Limited. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 14 March 1956 and has been in existence for over 70 years.
Its director Prayasvin B Patel and family are #540 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ1956PLC001509. Its GSTIN is 24AAACE4642F1Z2 (Gujarat). The company holds 16 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹170. It was formerly known as The Milling Trading Company Private Limited and The Milling Trading Company Limited. It is led by directors including Ravin Ramanlal Shah (Whole-Time Director) and Akanksha Patel.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Anand – Sojitra Road Vallabh Vidyanagar, Gujarat, India – 388120.
As per the financials filed for FY 2025, the company reported a revenue of ₹116.13 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.48 Cr (net margin 3%) and EBITDA of ₹13.19 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹125.29 Cr and satisfied charges of ₹556.22 Cr on record. Court records list 59 cases involving the company, including 19 filed by the company and 40 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in February 2019. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 262 overdue payments to 29 micro and small suppliers.
Emtici Engineering Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0000066). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website emtici.co.in.
Company details
CIN U29259GJ1956PLC001509
Registration Number 001509
Incorporation Date 14 March 1956
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Aakaaish Investments Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-03-0000066
Name history
Emtici Engineering has undergone 2 name changes throughout its history. The company was previously known as The Milling Trading Company Private Limited, and The Milling Trading Company Limited. The current legal name is Emtici Engineering Limited.
| Company Name | Status |
|---|---|
| Emtici Engineering Limited | Current |
| The Milling Trading Company Private Limited | Previous |
| The Milling Trading Company Limited | Previous |
Key People
Ravin Ramanlal Shah Whole-Time Director Akanksha Patel Director Pradip Manubhai Patel Director Recognitions & Rankings of Emtici Engineering
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #540 Prayasvin B Patel & family ₹6,300 Cr
Contact details
Emtici Engineering Limited's registered office is in Anand, Gujarat. Its website is emtici.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAnand – Sojitra Road Vallabh Vidyanagar, Gujarat, India – 388120
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Emtici Engineering Limited, buy the company report.
Comprehensive company report
Emtici Engineering 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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Business activity
The main business activities of Emtici Engineering are trade and accommodation and food service. In detail, this covers retail trading and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Emtici Engineering Limited, buy the company report.
Financials of Emtici Engineering Limited
FY 2025 filings availableEmtici Engineering Limited reported revenue of ₹116.13 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹116.13 Cr ▼ 3%
Net profit · FY 2025
₹3.48 Cr margin 3%
EBITDA · FY 2025
₹13.19 Cr margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 6%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 5%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 38% 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 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 | ₹13.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.48 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 3% | ||||
| 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 Emtici Engineering Limited, buy the company report.
Board of directors of Emtici Engineering Limited
Emtici Engineering has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akanksha Patel Also directs: Power Build Private Limited, Power Build Private Limited, Aakaaish Investments Private Limited and 5 more | Director | 26 Jun 2013 | 13 Years 4 Months | Current |
| Pradip Manubhai Patel Also directs: Ziwani Properties LLP, Jadeite Properties LLP, Eimco Elecon (India ) Limited and 5 more | Director | 16 Jan 2012 | 14 Years 9 Months | Current |
| Ravin Ramanlal Shah Also directs: Elecon Hydraulics Private Limited, Elecon Hydraulics Private Limited, Vijay M. Mistry Construction Private Limited and 5 more | Whole-Time Director | 05 Feb 2015 | 11 Years 9 Months | Current |
| Prayasvin Patel Also directs: Eimco Elecon (India ) Limited, Elecon Engineering Company Limited, Elecon Hydraulics Private Limited and 5 more | Director | 26 Jun 2013 | 13 Years 4 Months | Current |
Auditor
Emtici Engineering Limited is audited by THACKER BUTALA DESAI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THACKER BUTALA DESAI | FY 2023 | 110864W |
Shareholding
The shareholding of Emtici Engineering 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Emtici Engineering Limited, buy the company report.
Charges & borrowings
Open charges
₹125.29 Cr
Satisfied charges
₹556.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2022 | 100598836 | State Bank of India | ₹60 Cr | Open | |
| 17 Jun 2021 | 100450763 | Idbi Bank Limited | ₹5.29 Cr | Open | |
| 18 Mar 2021 | 100430192 | Axis Bank Limited | ₹60 Cr | Open | |
| 30 May 2019 | 100267707 | Yes Bank Limited | ₹5.35 Cr | Satisfied | |
| 28 Feb 2019 | 100244382 | Others | ₹150 Cr | Satisfied |
To see the full charge records of Emtici Engineering Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Emtici Engineering Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in February 2019.
Total deals
3
Secondary share transfers
2
Rights issue
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Seller: K B Investments Private Limited, Bipra Investments and Trusts Pvt Ltd , Elecon Information Technology Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Rights issue | ₹1 Lakh | Investors: Aakaaish Investments Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Emtici Engineering Limited has 59 court cases on record: 19 filed by Emtici Engineering, 40 filed against it. 1 case is pending and 58 are disposed.
Total cases
59
Filed by the company
19
Filed against the company
40
Pending
1
Disposed
58
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 21 | 1 |
| Supreme Court | 17 | 17 | 0 |
| District courts | 5 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 59)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Arbitration matter | Filed by the company against Madhura Jihva LLP | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Heyworld Holiday Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Nitstone Finserv Pvt Ltd | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against O L of Shree Vallabh Glass Works Limited (in Liquidation) | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Nistone Finsery Pvt Ltd | Disposed |
To see the full case history of Emtici Engineering Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Emtici Engineering Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 262 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Akaaish Printing Press Private Limited | |||
| Tech Elecon Private Limited | |||
| Sprech Tenso-Structures Private Limited | |||
| an individual supplier | |||
| Elecon Hydraulics Private Limited |
To see the full MSME payment records of Emtici Engineering Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Emtici Engineering Limited has a workforce of 57 employees on its EPFO records as of Apr 10, 2024, across 6 active EPFO establishments.
Employee count
57
Active EPFO establishments
6
Employee growth
-3.39%
GST
Emtici Engineering has 16 GST registrations: 11 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
16
Active
11
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE4642F1Z2 | Gujarat | Active | 01 Jul 2017 |
| 24AAACE4642F3Z0 | Gujarat | Active | 01 Jul 2017 |
| 24AAACE4642F4ZZ | Gujarat | Active | 07 Sep 2017 |
| 19AAACE4642F1ZT | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Emtici Engineering Limited, buy the company report.
Recent activity
Emtici Engineering Limited has 12 board changes on record since 2012: 4 appointments and 8 cessations. The latest: Prashant Chandrakant Amin ceased to be Director on 01 Jun 2020.
AGM
Emtici Engineering Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Emtici Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 60.00 Cr with Charge ID 100598836 was registered on 12 Jul 2022.
Charges
A charge registered on 30 May 2019 via Charge ID 100267707 with Yes Bank Limited was fully satisfied on 10 Jun 2022.
Charges
A charge registered on 28 Feb 2019 via Charge ID 100244382 with Others was fully satisfied on 17 Sep 2021.
Charges
A charge with Idbi Bank Limited amounted to Rs. 5.29 Cr with Charge ID 100450763 was registered on 17 Jun 2021.
Charges
A charge registered on 06 Oct 2017 via Charge ID 100128653 with Ifci Limited was fully satisfied on 01 Jun 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100430192 was registered on 18 Mar 2021.
Charges
A charge registered on 23 Aug 2017 via Charge ID 100124435 with Tata Capital Financial Services Limited was fully satisfied on 03 Mar 2021.
Charges
A charge registered on 02 Sep 2013 via Charge ID 10447695 with Axis Bank Limited was fully satisfied on 22 Feb 2021.
Charges
A charge with Axis Bank Limited of Rs. 13.40 Cr registered on 02 Sep 2013 with Charge ID 10447695 was modified on 11 Nov 2020.
Ceased
Prashant Chandrakant Amin ceased to be Director.
44 earlier events are in the company report.
Frequently asked questions
Emtici Engineering is an active public limited company based in Anand, Gujarat, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 14 March 1956 (70+ years old) and is registered under CIN U29259GJ1956PLC001509.
Emtici Engineering has 4 current directors:
- Ravin Ramanlal Shah - Whole-Time Director
- Akanksha Patel - Director
- Pradip Manubhai Patel - Director
- Prayasvin Patel - Director
The latest financial statements of Emtici Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Emtici Engineering is 24AAACE4642F1Z2, registered in Gujarat. The company has 16 GST registrations in all, of which 11 are active and 5 are cancelled or inactive. Other active GSTINs include 24AAACE4642F3Z0 (Gujarat), 24AAACE4642F4ZZ (Gujarat), 19AAACE4642F1ZT (West Bengal).
The CIN (Corporate Identification Number) of Emtici Engineering is U29259GJ1956PLC001509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Emtici Engineering has 59 court cases on record: 19 filed by the company and 40 filed against it. 1 is pending. Most are in the high courts.
Emtici Engineering was incorporated on 14 March 1956, making it 70+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Emtici Engineering has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in February 2019.
Prashant Chandrakant Amin ceased to be Director on 01 Jun 2020. Sudha Sumantrai Desai ceased to be Director on 06 Feb 2017. Aishwarya Prayasvin Patel ceased to be Additional Director on 23 Aug 2016. Emtici Engineering has 12 board changes on record in total.
Yes, Emtici Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-03-0000066).
Emtici Engineering has 11 MSME Form 1 returns on record between 2019 and 2023, listing 262 overdue payments to 29 micro and small suppliers. The latest return was filed on 15 Nov 2023.
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