About Niyati Engineering Private Limited
Data last updated:
Niyati Engineering Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 13 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74210GJ2002PTC041679. Its GSTIN is 24AABCN6388E1ZF (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹52.5 Lakh. It is led by directors including Jayeshkumar Tarachand Shah and Hemangini Sureshbhai Vashi.
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 104 Nirman Bhavan. Near Majura Gate Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.38 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.32 Cr (net margin 2.8%) and EBITDA of ₹6.16 Cr (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 432 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Niyati Engineering. As per MCA filings, the company has open charges of ₹42.31 Cr and satisfied charges of ₹12.48 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹23 Lakh; the latest was in March 2020. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is Adyant Project Solutions Private Limited with revenue of ₹82.89 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niyatiengineering.co.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address104 Nirman Bhavan. Near Majura Gate Ring Road, Surat, Gujarat, India – 395002
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Niyati Engineering Private Limited
The main business activity of Niyati Engineering is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Niyati Engineering Private Limited FY 2025 filings available
Niyati Engineering Private Limited reported revenue of ₹82.38 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Niyati Engineering Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 5% fall in the latest year. EBITDA rose 1% 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 Niyati Engineering 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 | ₹6.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.32 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 Niyati Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Niyati Engineering are in the company report.
Financial statements from 2015
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 Niyati Engineering Private Limited
Niyati Engineering Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adyant Project Solutions Private Limited | ₹82.89 Cr (FY 2024) | •••• | •••• | 3156.0% | •••• | Hyderabad, Telangana, India |
| GSR Infratech Private Limited | ₹82.89 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Delhi, India |
| Aneja Constructions (India) Private Limited | ₹82.84 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Abeco Infrastructures Private Limited | ₹82.52 Cr (FY 2025) | •••• | •••• | 139.0% | •••• | Lucknow, Uttar Pradesh, India |
| Strategic Infra Services Private Limited | ₹82.48 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Niyati Engineering Private Limited this company | ₹82.38 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Surat, Gujarat, India |
| A.G.T. Infrastructure Private Limited | ₹82.29 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Chandrapur, Maharashtra, India |
| Parag Technobuild Private Limited | ₹82.1 Cr (FY 2025) | •••• | •••• | 140.0% | •••• | Noida, Uttar Pradesh, India |
| Santhosh Buildwel Infra Private Limited | ₹82.09 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| HPGK Infra Private Limited | ₹82.03 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Kolkata, West Bengal, India |
| Vil Limited | ₹81.75 Cr (FY 2025) | •••• | •••• | 1147.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Niyati Engineering by revenue in the Infrastructure industry (Construction Services), 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 Niyati Engineering Private Limited
Niyati Engineering Private Limited is audited by Hemant P. Dalal & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hemant P. Dalal & 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 Niyati Engineering Private Limited
Niyati Engineering has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayeshkumar Tarachand Shah Also directs: Geodesic Engineering Private Limited | Director | 01 Nov 2006 | 19 Years 11 Months | Current |
| Hemangini Sureshbhai Vashi | Director | 13 Dec 2002 | 23 Years 9 Months | Current |
| Abhay Yatin Naik Also directs: Geodesic Engineering Private Limited, Refractory Shapes Limited | Director | 15 Apr 2016 | 10 Years 5 Months | Current |
| Jigar Sureshbhai Vashi Also directs: Geodesic Engineering Private Limited | Director | 15 Apr 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Niyati Engineering 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 Niyati Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2025 | Hdfc Bank Limited | ₹32.6 Lakh | Open |
| 11 Jun 2025 | Others | ₹65.38 Lakh | Open |
| 31 May 2025 | Others | ₹1.05 Cr | Open |
| 31 May 2025 | Others | ₹67.42 Lakh | Open |
| 26 Feb 2025 | Axis Bank Limited | ₹9.77 Lakh | Open |
Total charge records: 42 View all charges
Deals & Funding of Niyati Engineering Private Limited
Niyati Engineering Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹23 Lakh; the latest was in March 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹50 Lakh | Investors: Suresh B Vashi HUF, 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| May 2014 | Rights issue | ₹25 Lakh | Investors: Suresh B Vashi HUF, 3 individuals |
| Oct 2011 | Funding round | ₹23 Lakh | Investors: Suresh B Vashi HUF, 3 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Niyati Engineering Private Limited
Niyati Engineering Private Limited has 9 court cases on record: 1 filed by Niyati Engineering, 8 filed against it. 1 case is pending and 8 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jamnagar, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Valsad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
| District court, Valsad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Niyati Engineering Private Limited
Niyati Engineering operates one associated brand: Niyati Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering services and industrial solutions in Surat, India. | niyatiengineering.co.in |
Employees and EPFO Compliance at Niyati Engineering Private Limited
Niyati Engineering Private Limited has a workforce of 432 employees as of Apr 07, 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 Niyati Engineering Private Limited
Niyati Engineering Private Limited has 8 board changes on record since 2002: 4 appointments and 4 cessations. The latest: Abhay Yatin Naik ceased to be Additional Director on 30 Sep 2016.
48 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Niyati Engineering 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 Niyati Engineering 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 Niyati Engineering 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 Niyati Engineering Private Limited
Niyati Engineering has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN6388E1ZF | Gujarat | Active | 01 Jul 2017 |
| 23AABCN6388E1ZH | Madhya Pradesh | Active | 05 Dec 2018 |
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 Niyati Engineering 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 Niyati Engineering Private Limited
Niyati Engineering is an active private limited company based in Surat, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 13 December 2002 (24+ years old) and is registered under CIN U74210GJ2002PTC041679.
Niyati Engineering reported revenue of ₹82.38 Cr for FY 2025 (down 5% YoY).
Niyati Engineering has 4 current directors:
- Jayeshkumar Tarachand Shah - Director
- Hemangini Sureshbhai Vashi - Director
- Abhay Yatin Naik - Director
- Jigar Sureshbhai Vashi - Director
Niyati Engineering reported a net profit of ₹2.32 Cr (net margin 2.8%) and EBITDA of ₹6.16 Cr (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Niyati Engineering is -2% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Niyati Engineering is 24AABCN6388E1ZF, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AABCN6388E1ZH (Madhya Pradesh).
The CIN (Corporate Identification Number) of Niyati Engineering is U74210GJ2002PTC041679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niyati Engineering has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending.
Niyati Engineering was incorporated on 13 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Niyati Engineering has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹23 Lakh; the latest was in March 2020.
The peers of Niyati Engineering by revenue are Adyant Project Solutions Private Limited, GSR Infratech Private Limited, Aneja Constructions (India) Private Limited, Abeco Infrastructures Private Limited, Strategic Infra Services Private Limited and 5 more, all in the Infrastructure industry (Construction Services).