About Transwat Techno Engineering Services Limited
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Transwat Techno Engineering Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Nowrosjee Wadia And Sons Limited. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 20 May 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74220MH1960PLC011691. Its GSTIN is 27AAACG0552E1Z3 (Maharashtra). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹19.12 Lakh. It was formerly known as Gherzi Eastern Limited. It is led by directors including Sathyasiva Reddy Mulinti and Srinivas Rao Pulipati.
Its last annual general meeting (AGM) was held on 23 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.8 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net profit of ₹7.31 Lakh (net margin 1.3%) and EBITDA of ₹14.45 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 30% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹153.85 Cr on record. Court records list 73 cases involving the company, including 47 filed by the company and 26 filed against it; 8 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in October 2012. Its 3 peer companies in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities) are compared by revenue, 1 larger and 2 smaller; the largest is Neeviq Technologies Private Limited with revenue of ₹5.81 Cr. The company has 14 MSME Form 1 returns on record between 2018 and 2022, listing 41 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wadiaengg.com.
Company details
Name history
Transwat Techno Engineering Services has undergone 2 name changes throughout its history. The company was previously known as Gherzi Eastern Limited, and Transwat Techno Engineering Services Limited. The current legal name is Transwat Techno Engineering Services Limited.
| Company Name | Status |
|---|---|
| Transwat Techno Engineering Services Limited | Current |
| Gherzi Eastern Limited | Previous |
CIN history
Transwat Techno Engineering Services has one previous CIN (Corporate Identification Number): U74220MH1960PTC011691. The current CIN is U74220MH1960PLC011691, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74220MH1960PLC011691 | Current |
| U74220MH1960PTC011691 | Previous |
Contact details
Transwat Techno Engineering Services Limited's registered office is in Mumbai, Maharashtra. Its website is wadiaengg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShree Arham Bluz A – 201 Upsahra Lane, C D Barfiwala Cross Lane, Mumbai, Maharashtra, India – 400058
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Transwat Techno Engineering Services 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 Transwat Techno Engineering Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Transwat Techno Engineering Services Limited, buy the company report.
Financials of Transwat Techno Engineering Services Limited
FY 2024 filings availableTranswat Techno Engineering Services Limited reported revenue of ₹5.8 Cr (down 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 77% fall in the latest year. EBITDA fell 99% 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 |
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| Total Expenses | |||||
| EBITDA | ₹14.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.31 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Transwat Techno Engineering Services Limited, buy the company report.
Board of directors of Transwat Techno Engineering Services Limited
Transwat Techno Engineering Services has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathyasiva Reddy Mulinti Also directs: Transwat Infrastructure Private Limited | Director | 24 Jul 2024 | 2 Years 3 Months | Current |
| Srinivas Rao Pulipati Also directs: Wadia Techno Engineering Private Limited | Additional Director | 24 Nov 2025 | 0 Years 11 Months | Current |
| Madhavi Perumalla | Additional Director | 24 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Transwat Techno Engineering Services Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neeviq Technologies Private Limited | ₹5.81 Cr (FY 2025) | 94.0% | Pune, Maharashtra, India | |||
| Transwat Techno Engineering Services Limitedthis company | ₹5.8 Cr (FY 2025) | ₹7.31 Lakh | 1.3% | -77.0% | Mumbai, Maharashtra, India | |
| Ruastech Engineering Private Limited | ₹5.79 Cr (FY 2025) | 43.0% | Chennai, Tamil Nadu, India | |||
| Arkk Consulting Private Limited | ₹5.79 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Transwat Techno Engineering Services Limited, buy the company report.
Auditor
Transwat Techno Engineering Services Limited is audited by SANDEEP SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP SHAH & CO. | FY 2023 | 133680W |
Shareholding
The shareholding of Transwat Techno Engineering Services 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Transwat Techno Engineering Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2018 | 100213522 | Others | ₹52 Cr | Satisfied | |
| 16 Mar 2017 | 100089511 | Others | ₹7 Cr | Satisfied | |
| 03 Jul 2012 | 10364496 | Kotak Mahindra Bank Limited | ₹27 Cr | Satisfied | |
| 20 Mar 2012 | 10346473 | Others | ₹27 Cr | Satisfied | |
| 01 Aug 2001 | 90240799 | Canara Bank | ₹1.6 Cr | Satisfied |
To see the full charge records of Transwat Techno Engineering Services Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Transwat Techno Engineering Services Limited has 1 deal on record (1 acquisition); the latest was in October 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2012 | Acquisition | Undisclosed | Buyer: Wadia Group Seller: Gherzi AG |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Transwat Techno Engineering Services Limited has 73 court cases on record: 47 filed by Transwat Techno Engineering Services, 26 filed against it. 8 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 54 | 14 | 1 |
| District courts | 10 | 6 | 2 |
| Supreme Court | 9 | 6 | 5 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (Ex.COMM - Award by Arb.Comm) | Filed against the company by Greenfra Engineering Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Greenfra Engineering Pvt.Ltd | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by Louis Berger Consulting Pvt Ltd | Disposed |
| High Court of Delhi | Appeal | Filed against the company by National Highways & Infrastructure Development Corporation Limited & Ors | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by M/S Indian Technocrat Ltd. | Disposed |
To see the full case history of Transwat Techno Engineering Services 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.
Credit ratings & regulatory alerts
Transwat Techno Engineering Services Limited was last rated by Brickwork on 25 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 25 Jun 2021 |
To see the full credit ratings and regulatory alerts of Transwat Techno Engineering Services Limited, buy the company report.
MSME payment delays
Transwat Techno Engineering Services Limited has 14 MSME Form 1 returns on record between 2018 and 2022, listing 41 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Icsc Consultancy Services LLP | |||
| Web Infocom Services Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Transwat Techno Engineering Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Transwat Techno Engineering Services has 9 GST registrations: 4 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG0552E1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 19AAACG0552E2ZZ | West Bengal | Active | 15 Jul 2017 |
| 33AAACG0552E2Z9 | Tamil Nadu | Active | 15 Jul 2017 |
| 07AAACG0552E2Z4 | Delhi | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Transwat Techno Engineering Services Limited, buy the company report.
Recent activity
Transwat Techno Engineering Services Limited has 24 board changes on record since 2007: 3 appointments and 21 cessations. The latest: Anuradha Mulinti Reddy ceased to be Additional Director on 01 Dec 2025.
33 earlier events are in the company report.
Frequently asked questions
Transwat Techno Engineering Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 20 May 1960 (66+ years old) and is registered under CIN U74220MH1960PLC011691.
Transwat Techno Engineering Services has 3 current directors:
- Sathyasiva Reddy Mulinti - Director
- Srinivas Rao Pulipati - Additional Director
- Madhavi Perumalla - Additional Director
The latest financial statements of Transwat Techno Engineering Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Transwat Techno Engineering Services is 27AAACG0552E1Z3, registered in Maharashtra. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 19AAACG0552E2ZZ (West Bengal), 33AAACG0552E2Z9 (Tamil Nadu), 07AAACG0552E2Z4 (Delhi).
The CIN (Corporate Identification Number) of Transwat Techno Engineering Services is U74220MH1960PLC011691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transwat Techno Engineering Services has 73 court cases on record: 47 filed by the company and 26 filed against it. 8 are pending. Most are in the high courts.
Transwat Techno Engineering Services was incorporated on 20 May 1960, making it 66+ years old. It is registered with the Registrar of Companies, Mumbai.
Transwat Techno Engineering Services has 1 deal on record (1 acquisition); the latest was in October 2012.
The peers of Transwat Techno Engineering Services by revenue are Neeviq Technologies Private Limited, Ruastech Engineering Private Limited, Arkk Consulting Private Limited, all in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities).
Anuradha Mulinti Reddy ceased to be Additional Director on 01 Dec 2025. Sridhar Mulinti Reddy ceased to be Additional Director on 01 Dec 2025. Madhavi Perumalla was appointed as Additional Director on 24 Nov 2025. Transwat Techno Engineering Services has 24 board changes on record in total.
Transwat Techno Engineering Services has 14 MSME Form 1 returns on record between 2018 and 2022, listing 41 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Transwat Techno Engineering Services can be reached through the website wadiaengg.com. Its registered office is in Mumbai, Maharashtra, India.
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