About Multitech Elevators Private Limited
Data last updated:
Multitech Elevators Private Limited is a private limited company based in New, Delhi, India, recognised as a startup by DPIIT. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 04 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2021PTC376482. Its GSTIN is 07AAOCM2696P1ZH (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naresh Pal Singh and Shailendra Rai.
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 Unit No.205 Second Floor Vardhman Chamber – 2, Block – G Commercial Centre Plot No.21 Vikas Puri, New, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.74 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹50.61 Lakh (net margin 18.5%) and EBITDA of ₹57.6 Lakh (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website multitechelevators.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No.205 Second Floor Vardhman Chamber – 2, Block – G Commercial Centre Plot No.21 Vikas Puri, New, Delhi, India – 110018
- 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 Multitech Elevators Private Limited
The main business activity of Multitech Elevators is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Multitech Elevators Private Limited FY 2025 filings available
Multitech Elevators Private Limited reported revenue of ₹2.74 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Multitech Elevators Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 30% growth in the latest year. EBITDA rose 509% 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 Multitech Elevators 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 | ₹57.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.61 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 Multitech Elevators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.5% | •••• | •••• | •••• | •••• |
| 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 Multitech Elevators are in the company report.
Financial statements from FY 2021
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 Multitech Elevators Private Limited
Multitech Elevators 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 |
|---|---|---|---|---|---|---|
| Hsi Industries Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| SD Lifting Equipments Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Paralift Equipments Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Space Elevators Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Airoll Conveyor Products Private Limited | •••• | •••• | •••• | •••• | - | Haveli, Maharashtra, India |
| Multitech Elevators Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Torrane Industries Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Eider Elevators Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Surya Elevators and Escalators India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Kuma Elevators Private Limited | •••• | •••• | •••• | •••• | - | Ballabgarh, Haryana, India |
| Atlanta Elevators India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Multitech Elevators 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 Multitech Elevators Private Limited
Multitech Elevators Private Limited is audited by JAIKRIT MALIK & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIKRIT MALIK & ASSOCIATES | 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 Multitech Elevators Private Limited
Multitech Elevators has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Pal Singh | Director | 04 Feb 2021 | 5 Years 8 Months | Current |
| Shailendra Rai | Director | 01 Jun 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Multitech Elevators 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 Multitech Elevators Private Limited
Multitech Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Multitech Elevators Private Limited
Multitech Elevators Private Limited has 2 MSME Form 1 returns on record between 2022 and 2023, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Insyspro India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 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 Multitech Elevators Private Limited
Employment history and EPFO contributions of people linked to Multitech Elevators.
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 Multitech Elevators Private Limited
Multitech Elevators Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Shailendra Rai ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Multitech Elevators 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 Multitech Elevators 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 Multitech Elevators Private Limited
Multitech Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAOCM2696P1ZH | Delhi | Active | 16 Feb 2021 |
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 Multitech Elevators 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 Multitech Elevators Private Limited
Multitech Elevators is an active private limited company based in New, Delhi, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 04 February 2021 (5+ years old) and is registered under CIN U45201DL2021PTC376482.
Multitech Elevators reported revenue of ₹2.74 Cr for FY 2025 (up 30% YoY).
Multitech Elevators has 2 current directors:
- Naresh Pal Singh - Director
- Shailendra Rai - Director
Multitech Elevators reported a net profit of ₹50.61 Lakh (net margin 18.5%) and EBITDA of ₹57.6 Lakh (EBITDA margin 21.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multitech Elevators is 48% over three years. In the latest year (FY 2025) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multitech Elevators is 07AAOCM2696P1ZH, registered in Delhi.
The CIN (Corporate Identification Number) of Multitech Elevators is U45201DL2021PTC376482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multitech Elevators was incorporated on 04 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Multitech Elevators by revenue are Hsi Industries Private Limited, SD Lifting Equipments Private Limited, Paralift Equipments Private Limited, Space Elevators Private Limited, Airoll Conveyor Products Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Shailendra Rai ceased to be Additional Director on 30 Sep 2022. Shailendra Rai was appointed as Director on 01 Jun 2022. Shikha Sharma ceased to be Additional Director on 30 Nov 2021. Multitech Elevators has 4 board changes on record in total.
Yes, Multitech Elevators is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Multitech Elevators has 2 MSME Form 1 returns on record between 2022 and 2023, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 02 May 2023.