MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0058957
Novatek Electroengineers Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹224.57 Cr
▲ 25% YoY
Net profit · FY 2025
₹3.07 Cr
Net margin 1.4%
EBITDA · FY 2025
₹8.74 Cr
EBITDA margin 3.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹5.82 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
9
Provident fund records
About Novatek Electroengineers Private Limited
Data last updated:
Novatek Electroengineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 08 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31104MH2009PTC191569. Its GSTIN is 27AACCN9856C1Z9 (Maharashtra). The company holds 11 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Pranav Bharat Doshi (Managing Director) and Bharat Kirtanlal Doshi.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 306 Prathemesh Tower B Wing Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹224.57 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹3.07 Cr (net margin 1.4%) and EBITDA of ₹8.74 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 14% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.82 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 3 cases are pending.
Novatek Electroengineers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0058957). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novatek.net.in.
Company details
CIN U31104MH2009PTC191569
Registration Number 191569
Incorporation Date 08 April 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0058957
Key People
Pranav Bharat Doshi Managing Director Bharat Kirtanlal Doshi Director Mayuri Vallabhdas Ghelani Additional Director Recognitions & Rankings of Novatek Electroengineers
Contact details
Novatek Electroengineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is novatek.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address306 Prathemesh Tower B Wing Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Novatek Electroengineers Private Limited, buy the company report.
Comprehensive company report
Novatek Electroengineers 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 Novatek Electroengineers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Novatek Electroengineers Private Limited, buy the company report.
Financials of Novatek Electroengineers Private Limited
FY 2025 filings availableNovatek Electroengineers Private Limited reported revenue of ₹224.57 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹224.57 Cr ▲ 25%
Net profit · FY 2025
₹3.07 Cr margin 1.4%
EBITDA · FY 2025
₹8.74 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 24%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 24%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 25% growth in the latest year. EBITDA rose 9% 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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| EBITDA | ₹8.74 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.07 Cr | ||||
| 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 | 3.9% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Novatek Electroengineers Private Limited, buy the company report.
Board of directors of Novatek Electroengineers Private Limited
Novatek Electroengineers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kirtanlal Doshi | Director | 01 Feb 2014 | 12 Years 8 Months | Current |
| Pranav Bharat Doshi Also directs: Oasys Energy & Applied Technologies Private Limited | Managing Director | 08 Apr 2009 | 17 Years 6 Months | Current |
| Mayuri Vallabhdas Ghelani | Additional Director | 30 Apr 2025 | 1 Years 5 Months | Current |
Peer comparison
Novatek Electroengineers Private Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alphatec Audio Video Private Limited | ₹229.25 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Harting (India) Private Limited | ₹228.28 Cr (FY 2024) | 11.0% | Chennai, Tamil Nadu, India | |||
| Alco Info Tech Private Limited | ₹227.52 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Novatek Electroengineers Private Limitedthis company | ₹224.57 Cr (FY 2025) | ₹3.07 Cr | 1.4% | 25.0% | 9 | Mumbai, Maharashtra, India |
| Intouch Mobicare Private Limited | ₹223.72 Cr (FY 2025) | 62.0% | New Delhi, Delhi, India | |||
| Ims Mercantiles Limited | ₹220.09 Cr (FY 2025) | 24.0% | Delhi, India |
To see the full peer comparison of Novatek Electroengineers Private Limited, buy the company report.
Auditor
Novatek Electroengineers Private Limited is audited by I O Dharia & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I O Dharia & Co | FY 2023 | 102460W |
Shareholding
The shareholding of Novatek Electroengineers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novatek Electroengineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.82 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2024 | 101008160 | Axis Bank Limited | ₹62 Lakh | Open | |
| 18 Jun 2015 | 10579317 | Standard Chartered Bank | ₹1.6 Cr | Open | |
| 21 Jun 2010 | 10231253 | Standard Chartered Bank | ₹3.6 Cr | Open |
To see the full charge records of Novatek Electroengineers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Novatek Electroengineers Private Limited has 10 court cases on record: 10 filed by Novatek Electroengineers. 3 cases are pending and 7 are disposed.
Total cases
10
Filed by the company
10
Pending
3
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 3 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Execution petition | Filed by the company against Robotics Saas Communications Pvt. Ltd. and 1 other | Pending |
| District court, Calcutta, West Bengal | Court case (COMEX) | Filed by the company against Robotics Saas Communications Pvt Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Robotics Saas Communications Pvt Ltd and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Robotics Saas Communications Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Warasgaon Assets Maintenance Ltd. | Disposed |
To see the full case history of Novatek Electroengineers Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novatek Electroengineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Novatek Electroengineers Private Limited has a workforce of 9 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-18.18%
GST
Novatek Electroengineers has 11 GST registrations: 3 active and 8 cancelled or inactive.
Total GSTINs
11
Active
3
Cancelled / inactive
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN9856C1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 19AACCN9856C1Z6 | West Bengal | Active | 01 Jul 2017 |
| 29AACCN9856C1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novatek Electroengineers Private Limited, buy the company report.
Recent activity
Novatek Electroengineers Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Mayuri Vallabhdas Ghelani was appointed as Additional Director on 30 Apr 2025.
AGM
Novatek Electroengineers Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Appointed
Mayuri Vallabhdas Ghelani was appointed as Additional Director.
Filing
Novatek Electroengineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 62.00 Lakh with Charge ID 101008160 was registered on 13 Nov 2024.
Charges
A charge with Standard Chartered Bank of Rs. 360.00 Lakh registered on 21 Jun 2010 with Charge ID 10231253 was modified on 15 May 2023.
Ceased
Shefali Pranav Doshi ceased to be Whole-Time Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 160.00 Lakh with Charge ID 10579317 was registered on 18 Jun 2015.
Appointed
Bharat Kirtanlal Doshi was appointed as Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 360.00 Lakh with Charge ID 10231253 was registered on 21 Jun 2010.
Ceased
Pranav Bharat Doshi ceased to be Director.
Appointed
Pranav Bharat Doshi was appointed as Managing Director.
Incorporation
08 Apr 2009
Novatek Electroengineers Private Limited was registered on 08 Apr 2009 with Roc Mumbai & aged 17 years 6 months as per MCA records.
Frequently asked questions
Novatek Electroengineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 08 April 2009 (17+ years old) and is registered under CIN U31104MH2009PTC191569.
Novatek Electroengineers has 3 current directors:
- Pranav Bharat Doshi - Managing Director
- Bharat Kirtanlal Doshi - Director
- Mayuri Vallabhdas Ghelani - Additional Director
The latest financial statements of Novatek Electroengineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Novatek Electroengineers is 27AACCN9856C1Z9, registered in Maharashtra. The company has 11 GST registrations in all, of which 3 are active and 8 are cancelled or inactive. Other active GSTINs include 19AACCN9856C1Z6 (West Bengal), 29AACCN9856C1Z5 (Karnataka).
The CIN (Corporate Identification Number) of Novatek Electroengineers is U31104MH2009PTC191569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novatek Electroengineers has 10 court cases on record: 10 filed by the company. 3 are pending.
Novatek Electroengineers was incorporated on 08 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Novatek Electroengineers by revenue are Alphatec Audio Video Private Limited, Harting (India) Private Limited, Alco Info Tech Private Limited, Intouch Mobicare Private Limited, Ims Mercantiles Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Mayuri Vallabhdas Ghelani was appointed as Additional Director on 30 Apr 2025. Shefali Pranav Doshi ceased to be Whole-Time Director on 29 Dec 2017. Bharat Kirtanlal Doshi was appointed as Director on 01 Feb 2014. Novatek Electroengineers has 5 board changes on record in total.
Yes, Novatek Electroengineers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0058957).
Novatek Electroengineers can be reached through the website novatek.net.in. Its registered office is in Mumbai, Maharashtra, India.