Novatech Energie Systech Private Limited

Novatech Energie Systech Private Limited - electrnoics in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U29308GJ2016PTC093449 Incorporated 22 August 2016 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company electrnoics MSME · Micro
Data last updated
Revenue · FY 2024
₹13.34 Lakh
▲ 2417% YoY
Net loss · FY 2024
₹14,440
Net margin -1.1%
EBITDA · FY 2024
₹22,088
EBITDA margin 1.7%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
5
As per MCA filings
GST registrations
2
None active

About Novatech Energie Systech Private Limited

Data last updated:

Novatech Energie Systech Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the home appliances segment of the electronics sector. It was incorporated on 22 August 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2016PTC093449. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Samir Chimanbhai Patel and Gunvantray Ravajibhai Patel.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 78/1/Q G.I.D.C Ind.Estate Makarpura, Vadodara, Gujarat, India – 390010.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14,440 (net margin -1.1%) and EBITDA of ₹22,088 (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over five years.

Novatech Energie Systech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0090005). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29308GJ2016PTC093449
Registration Number 093449
Incorporation Date 22 August 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0090005
Key People
Samir Chimanbhai Patel Director Gunvantray Ravajibhai Patel Director Kasavaraju Venkata Padmanabha Rao Director

Recognitions & Rankings of Novatech Energie Systech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-GJ-24-0090005

Contact details

Novatech Energie Systech Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    78/1/Q G.I.D.C Ind.Estate Makarpura, Vadodara, Gujarat, India – 390010
  • Industry
    Electrnoics, Home Appliance, Electric Appliance, Manufacturing

To see the full contact details of Novatech Energie Systech Private Limited, buy the company report.

Comprehensive company report
Novatech Energie Systech Private 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 activity of Novatech Energie Systech is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Novatech Energie Systech Private Limited, buy the company report.

Financials of Novatech Energie Systech Private Limited

FY 2024 filings available

Novatech Energie Systech Private Limited reported revenue of ₹13.34 Lakh (up 2417% YoY) for FY 2024.

Revenue · FY 2024
₹13.34 Lakh ▲ 2417%
Net loss · FY 2024
₹14,440 margin -1.1%
EBITDA · FY 2024
₹22,088 margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 55%
5 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years. EBITDA fell 28% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹22,088
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹14,440
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.7%
Net Profit Margin-1.1%
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 Novatech Energie Systech Private Limited, buy the company report.

Board of directors of Novatech Energie Systech Private Limited

Novatech Energie Systech has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Samir Chimanbhai Patel
Also directs: Highamp Power Tech LLP
Director26 May 20215 Years 5 MonthsCurrent
Gunvantray Ravajibhai Patel
Also directs: Ravi Energie Pvt Ltd
Director26 Dec 20232 Years 10 MonthsCurrent
Kasavaraju Venkata Padmanabha Rao
Also directs: Sanflow Technologies LLP, Nuotech Sanflow LLP, Medicraft Equipment LLP and 1 more
Director26 Dec 20232 Years 10 MonthsCurrent
Joybroto Santimay Mukherjee
Also directs: Nuotech Sanflow LLP
Director26 Dec 20232 Years 10 MonthsCurrent
Jayeshkumar Ambalal PatelDirector22 Aug 201610 Years 2 MonthsCurrent
View all directors

Peer comparison

Novatech Energie Systech Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Novatech Energie Systech Private Limitedthis company₹13.34 Lakh (FY 2024)-₹14,440-1.1%2417.0%Vadodara, Gujarat, India
Om Sai Sheetla Traders Private Limited₹13.33 Lakh (FY 2025)-59.0%Mau, Uttar Pradesh, India
A G Acoustics (India) Private Limited₹13.29 Lakh (FY 2024)-95.0%New Delhi, Delhi, India
Salumber Energie Technik Private Limited₹13.27 Lakh (FY 2025)-2.0%Jaipur, Rajasthan, India

To see the full peer comparison of Novatech Energie Systech Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Novatech Energie Systech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Novatech Energie Systech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Novatech Energie Systech Private Limited, buy the company report.

Recent activity

Novatech Energie Systech Private Limited has 7 board changes on record since 2016: 5 appointments and 2 cessations. The latest: Gunvantray Ravajibhai Patel was appointed as Director on 26 Dec 2023.

AGM
Novatech Energie Systech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Novatech Energie Systech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Gunvantray Ravajibhai Patel was appointed as Director.
Appointed
Joybroto Santimay Mukherjee was appointed as Director.
Appointed
Kasavaraju Venkata Padmanabha Rao was appointed as Director.
Ceased
Samir Chimanbhai Patel ceased to be Additional Director.
Ceased
Sapna Meghal Patel ceased to be Director.
Appointed
Samir Chimanbhai Patel was appointed as Director.
Appointed
Jayeshkumar Ambalal Patel was appointed as Director.
Incorporation
22 Aug 2016
Novatech Energie Systech Private Limited was registered on 22 Aug 2016 with Roc Ahmedabad & aged 10 years 2 months as per MCA records.

Frequently asked questions

Novatech Energie Systech is an active private limited company based in Vadodara, Gujarat, India. The company works in home appliance, within the electronics industry. It was incorporated on 22 August 2016 (10+ years old) and is registered under CIN U29308GJ2016PTC093449.

Novatech Energie Systech has 5 current directors:

The latest financial statements of Novatech Energie Systech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

No. Novatech Energie Systech has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Novatech Energie Systech is U29308GJ2016PTC093449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Novatech Energie Systech was incorporated on 22 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Novatech Energie Systech by revenue are Om Sai Sheetla Traders Private Limited, A G Acoustics (India) Private Limited, Salumber Energie Technik Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).

Gunvantray Ravajibhai Patel was appointed as Director on 26 Dec 2023. Joybroto Santimay Mukherjee was appointed as Director on 26 Dec 2023. Kasavaraju Venkata Padmanabha Rao was appointed as Director on 26 Dec 2023. Novatech Energie Systech has 7 board changes on record in total.

Yes, Novatech Energie Systech is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0090005).

The registered office of Novatech Energie Systech is at 781Q G.I.D.C Ind.Estate Makarpura, Vadodara, Gujarat, India – 390010.

Novatech Energie Systech operates in the electronics industry, in the home appliance segment.