About Pace Equipment Private Limited
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Pace Equipment Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 September 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28129MH1975PTC018550. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹19.1 Lakh. It is led by directors Anish Dhiraj Mehta (Whole-Time Director) and Shanai Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.04 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.52 Lakh (net margin 77.2%) and EBITDA of ₹9.54 Lakh (EBITDA margin 86.4%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paceonnet.com.
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- Registered Address2 – Grd Floor Vile Parle Leela Premises Chs Ltd Leela Apartment S. V. Road Vile Parle, (W), 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
Financials of Pace Equipment Private Limited FY 2025 filings available
Pace Equipment Private Limited reported revenue of ₹11.04 Lakh (up 774% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pace Equipment Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 774% growth in the latest year. EBITDA rose 671% 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 Pace Equipment 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 | ₹9.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.52 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 Pace Equipment Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 77.2% | •••• | •••• | •••• | •••• |
| 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 Pace Equipment 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 Pace Equipment Private Limited
Pace Equipment 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 |
|---|---|---|---|---|---|---|
| FV Engineering Private Limited | ₹11.3 Lakh (FY 2024) | •••• | •••• | 63.0% | •••• | Pune, Maharashtra, India |
| Sujan Hosiery & Garments Pvt Ltd | ₹11.3 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Apurva Industries Limited | ₹11.2 Lakh (FY 2025) | •••• | •••• | 299.0% | •••• | Mumbai, Maharashtra, India |
| Alcon Aluminium Private Limited | ₹11.06 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Sunny Weld Private Limited | ₹11.05 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Pace Equipment Private Limited this company | ₹11.04 Lakh (FY 2025) | •••• | •••• | 774.0% | •••• | Mumbai, Maharashtra, India |
| Jamshedpur Welpack Poly Industries Limited | ₹11.04 Lakh (FY 2017) | •••• | •••• | 46.0% | •••• | Kolkata, West Bengal, India |
| Saratech Industrial Fabricators Private Limited | ₹11 Lakh (FY 2019) | •••• | •••• | •••• | Uttar Pradesh, India | |
| Pharaoh Engineering and Services Private Limited | ₹10.98 Lakh (FY 2020) | •••• | •••• | -45.0% | •••• | Pune, Maharashtra, India |
| Dassnagar Prcision Engineering Pvt Ltd | ₹10.92 Lakh (FY 2022) | •••• | •••• | 252.0% | •••• | Howrah, West Bengal, India |
| Meritorious Engineering Private Limited | ₹10.86 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Sikandrabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Pace Equipment 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 Pace Equipment Private Limited
Pace Equipment Private Limited is audited by H. J. Patel & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. J. Patel & 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 Pace Equipment Private Limited
Pace Equipment has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish Dhiraj Mehta Also directs: Pace Aftermarket Private Limited | Whole-Time Director | 15 Mar 1983 | 43 Years 6 Months | Current |
| Shanai Mehta Also directs: Pace Aftermarket Private Limited | Director | 11 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Pace Equipment 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 Pace Equipment Private Limited
Pace Equipment Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pace Equipment Private Limited
Employment history and EPFO contributions of people linked to Pace Equipment.
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 Pace Equipment Private Limited
Pace Equipment Private Limited has 5 board changes on record since 1983: 2 appointments and 3 cessations. The latest: Shanai Mehta ceased to be Additional Director on 21 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Pace Equipment 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 Pace Equipment 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 Pace Equipment 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 Pace Equipment Private Limited
Pace Equipment has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Pace Equipment 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 Pace Equipment Private Limited
Pace Equipment 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 16 September 1975 (51+ years old) and is registered under CIN U28129MH1975PTC018550.
Pace Equipment reported revenue of ₹11.04 Lakh for FY 2025 (up 774% YoY).
Pace Equipment has 2 current directors:
- Anish Dhiraj Mehta - Whole-Time Director
- Shanai Mehta - Director
Pace Equipment reported a net profit of ₹8.52 Lakh (net margin 77.2%) and EBITDA of ₹9.54 Lakh (EBITDA margin 86.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pace Equipment is -75% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 774%. CAGR is the steady yearly rate that links the first and the last year.
No. Pace Equipment has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pace Equipment is U28129MH1975PTC018550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Equipment was incorporated on 16 September 1975, making it 51+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pace Equipment by revenue are FV Engineering Private Limited, Sujan Hosiery & Garments Pvt Ltd, Apurva Industries Limited, Alcon Aluminium Private Limited, Sunny Weld Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Shanai Mehta ceased to be Additional Director on 21 Sep 2023. Darshan Dhiraj Mehta ceased to be Whole-Time Director on 16 Mar 2023. Shanai Mehta was appointed as Director on 11 Mar 2023. Pace Equipment has 5 board changes on record in total.
Pace Equipment can be reached through the website paceonnet.com. Its registered office is in Mumbai, Maharashtra, India.