About Panasia Engineers Private Limited
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Panasia Engineers Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 04 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45302MH1981PTC024353. Its GSTIN is 27AAACP9095K1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Udit Surendra Shah and Neel Udit Shah.
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 Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.98 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹5.16 Lakh (net margin 1.3%) and EBITDA of ₹12.9 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Panasia Engineers. As per MCA filings, the company has open charges of ₹95 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panasiaengineers.com.
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- TelephoneLocked
- Website
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- Registered AddressUnit No 31 & 32 Ground Floor Edison Building No 1 Raheja Tesla Gen 2/1/C Part Ttc Industr, Ial Area, Navi Mumbai, Maharashtra, India – 400705
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
- 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 Panasia Engineers Private Limited
The main business activities of Panasia Engineers are trade and professional, scientific and technical. In detail, this covers retail trading and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Panasia Engineers Private Limited FY 2025 filings available
Panasia Engineers Private Limited reported revenue of ₹3.98 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Panasia Engineers Private Limited
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 54% 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 Panasia Engineers 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 | ₹12.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.16 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 Panasia Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Panasia Engineers 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 Panasia Engineers Private Limited
Panasia Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Climate Aircool Private Limited | ₹4.03 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Bangalore, Karnataka, India |
| Aad Tech Environ Private Limited | ₹4 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Mumbai, Maharashtra, India |
| Quality Compressors & Blowers Private Limited | ₹4 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Contromoist Technologies Private Limited | ₹4 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Barrackpore, West Bengal, India |
| Lenora Controls India Private Limited | ₹3.99 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Coimbatore, Tamil Nadu, India |
| Panasia Engineers Private Limited this company | ₹3.98 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ap Competent Engineers Private Limited | ₹3.97 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Delhi, India |
| Dews Aircon Private Limited | ₹3.96 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Delhi, India |
| Moosa Haji Patrawala Pvt Ltd | ₹3.96 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Freeze-Tech Equipments Private Limited | ₹3.96 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Raha Cooling Private Limited | ₹3.95 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Kottarakkara, Kerala, India |
Peers are the five companies nearest above and the five nearest below Panasia Engineers by revenue in the Machinery and Equipment industry (Compressors), 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 Panasia Engineers Private Limited
Panasia Engineers Private Limited is audited by MAHENDRA DOSHI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHENDRA DOSHI & ASSOCIATES | 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 Panasia Engineers Private Limited
Panasia Engineers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udit Surendra Shah Also directs: Hexmodal Technologies India LLP, Action Data Systems India LLP | Director | 01 Apr 1998 | 28 Years 6 Months | Current |
| Neel Udit Shah | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
| Surendra Himmatlal Shah | Director | 04 May 1981 | 45 Years 5 Months | Current |
| Ronak Udit Shah | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Panasia 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 Panasia Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2023 | Others | ₹95 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Panasia Engineers Private Limited
Panasia Engineers operates one associated brand: Panasia Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy-efficient innovations in air conditioning and refrigeration services. | panasiaengineers.com |
Employees and EPFO Compliance at Panasia Engineers Private Limited
Panasia Engineers Private Limited has a workforce of 25 employees as of Apr 09, 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 Panasia Engineers Private Limited
Panasia Engineers Private Limited has 7 board changes on record since 1981: 4 appointments and 3 cessations. The latest: Neel Udit Shah ceased to be Director on 29 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Panasia 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 Panasia 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 Panasia 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 Panasia Engineers Private Limited
Panasia Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9095K1ZT | Maharashtra | Active | 01 Jul 2017 |
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 Panasia 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 Panasia Engineers Private Limited
Panasia Engineers is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 04 May 1981 (45+ years old) and is registered under CIN U45302MH1981PTC024353.
Panasia Engineers reported revenue of ₹3.98 Cr for FY 2025 (down 29% YoY).
Panasia Engineers has 4 current directors:
- Udit Surendra Shah - Director
- Neel Udit Shah - Director
- Surendra Himmatlal Shah - Director
- Ronak Udit Shah - Director
Panasia Engineers reported a net profit of ₹5.16 Lakh (net margin 1.3%) and EBITDA of ₹12.9 Lakh (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panasia Engineers is 6% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panasia Engineers is 27AAACP9095K1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Panasia Engineers is U45302MH1981PTC024353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panasia Engineers was incorporated on 04 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Panasia Engineers by revenue are Climate Aircool Private Limited, Aad Tech Environ Private Limited, Quality Compressors & Blowers Private Limited, Contromoist Technologies Private Limited, Lenora Controls India Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors).
Neel Udit Shah ceased to be Director on 29 Sep 2019. Ronak Udit Shah ceased to be Director on 29 Sep 2019. Neel Udit Shah was appointed as Director on 11 Dec 2018. Panasia Engineers has 7 board changes on record in total.
Panasia Engineers can be reached through the website panasiaengineers.com. Its registered office is in Navi Mumbai, Maharashtra, India.