Narandas Engineers Private Limited
About Narandas Engineers Private Limited
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Narandas Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2021PTC363783. Its GSTIN is 24AAHCN6963B1ZI (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Miraj Rajeshbhai Chitroda and Jay Rajesh Chitroda.
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 A/702 Wing – A Labh Shrivalli Bajaj Road Opp. Navkar Plaza Vile Parle West, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.36 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹7.43 Lakh (net margin 2.2%) and EBITDA of ₹28.36 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
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- Registered AddressA/702 Wing – A Labh Shrivalli Bajaj Road Opp. Navkar Plaza Vile Parle West, Mumbai, Maharashtra, India – 400056
- IndustryMachinery and Equipment, Process Machinery & Industrial 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 Narandas Engineers Private Limited
The main business activity of Narandas Engineers is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. | 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 Narandas Engineers Private Limited FY 2025 filings available
Narandas Engineers Private Limited reported revenue of ₹3.36 Cr (up 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Narandas Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 72% over three years, including 87% growth in the latest year. EBITDA rose 335% 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 Narandas Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹28.36 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.43 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 Narandas Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• |
| 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 Narandas Engineers are in the company report.
Financial statements from FY 2022
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 Narandas Engineers Private Limited
Narandas Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Denvas Services Private Limited | ₹3.38 Cr (FY 2024) | •••• | •••• | 138.0% | •••• | New Delhi, Delhi, India |
| Lajpat Agro Pvt Ltd | ₹3.38 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Punjab, India |
| Inventech Engineers Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Karnataka CNC Tech Private Limited | ₹3.37 Cr (FY 2023) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Marchesini Group India Private Limited | ₹3.36 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Narandas Engineers Private Limited this company | ₹3.36 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Mumbai, Maharashtra, India |
| Ideal Printographics Private Limited | ₹3.35 Cr (FY 2017) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Ymx India Services Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Tirupur, Tamil Nadu, India |
| Ganesh Quality Machines Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ichalkaranji, Maharashtra, India |
| Pressline India Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | 254.0% | •••• | New Delhi, Delhi, India |
| Aura Garmax Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Narandas Engineers by revenue in the Machinery and Equipment industry (Process Machinery), 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 Narandas Engineers Private Limited
Narandas Engineers Private Limited is audited by Rajesh Nagda & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rajesh Nagda & 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 Narandas Engineers Private Limited
Narandas Engineers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Miraj Rajeshbhai Chitroda Also directs: Narandas & Sons Fabricators Private Limited | Director | 12 Jul 2021 | 5 Years 2 Months | Current |
| Jay Rajesh Chitroda Also directs: Narandas & Sons Fabricators Private Limited | Director | 12 Jul 2021 | 5 Years 2 Months | Current |
| Rajesh Narayandas Chitroda Also directs: Narandas & Sons Fabricators Private Limited | Director | 12 Jul 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Narandas Engineers 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 Narandas Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2024 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Narandas Engineers Private Limited
Narandas Engineers Private Limited has a workforce of 4 employees as of Apr 05, 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 Narandas Engineers Private Limited
Narandas Engineers Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Jay Rajesh Chitroda was appointed as Director on 12 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Narandas Engineers 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 Narandas Engineers 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 Narandas Engineers 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 Narandas Engineers Private Limited
Narandas Engineers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCN6963B1ZI | Gujarat | Active | 05 Sep 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 Narandas Engineers 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 Narandas Engineers Private Limited
Narandas Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 12 July 2021 (5+ years old) and is registered under CIN U29100MH2021PTC363783.
Narandas Engineers reported revenue of ₹3.36 Cr for FY 2025 (up 87% YoY).
Narandas Engineers has 3 current directors:
- Miraj Rajeshbhai Chitroda - Director
- Jay Rajesh Chitroda - Director
- Rajesh Narayandas Chitroda - Director
Narandas Engineers reported a net profit of ₹7.43 Lakh (net margin 2.2%) and EBITDA of ₹28.36 Lakh (EBITDA margin 8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Narandas Engineers is 72% over three years. In the latest year (FY 2025) revenue rose 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Narandas Engineers is 24AAHCN6963B1ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Narandas Engineers is U29100MH2021PTC363783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narandas Engineers was incorporated on 12 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Narandas Engineers by revenue are Denvas Services Private Limited, Lajpat Agro Pvt Ltd, Inventech Engineers Private Limited, Karnataka CNC Tech Private Limited, Marchesini Group India Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Jay Rajesh Chitroda was appointed as Director on 12 Jul 2021. Miraj Rajeshbhai Chitroda was appointed as Director on 12 Jul 2021. Rajesh Narayandas Chitroda was appointed as Director on 12 Jul 2021.
Yes, Narandas Engineers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).