Safess Engineering and Projects Private Limited
About Safess Engineering and Projects Private Limited
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Safess Engineering and Projects Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Irclass Systems And Solutions Private Limited. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 18 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74909MH1986PTC038978. Its GSTIN is 27AAACQ0310J1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Quality Inspections Pvt Ltd. It is led by directors Kapildev Prataprao Shinde and Vinay Sudhakar Kshirsagar.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 52 A Adi Shankaracharya Marg Opp Powai Lake Powai, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.22 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.77 Lakh (net margin 69.3%) and EBITDA of ₹10.71 Lakh (EBITDA margin 95.5%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 43% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History of Safess Engineering and Projects Private Limited
Safess Engineering and Projects has undergone 2 name changes throughout its history. The company was previously known as Quality Inspections Pvt Ltd, and Safess Engineering And Projects Private Limited. The current legal name is Safess Engineering And Projects Private Limited.
| Company Name | Status |
|---|---|
| Safess Engineering and Projects Private Limited | Current |
| Quality Inspections Pvt Ltd | Previous |
CIN History of Safess Engineering and Projects Private Limited
Safess Engineering and Projects has one previous CIN (Corporate Identification Number): U74999MH1986PTC038978. The current CIN is U74909MH1986PTC038978, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74909MH1986PTC038978 | Current |
| U74999MH1986PTC038978 | Previous |
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- Registered Address52 A Adi Shankaracharya Marg Opp Powai Lake Powai, Mumbai, Maharashtra, India – 400072
- IndustryEngineering, Industrial Maintenance & Repair 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
Financials of Safess Engineering and Projects Private Limited FY 2025 filings available
Safess Engineering and Projects Private Limited reported revenue of ₹11.22 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Safess Engineering and Projects Private Limited
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 43%. EBITDA rose 77% 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 Safess Engineering and Projects 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 | ₹10.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.77 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 Safess Engineering and Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 69.3% | •••• | •••• | •••• | •••• |
| 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 Safess Engineering and Projects 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.
Board of Directors of Safess Engineering and Projects Private Limited
Safess Engineering and Projects has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapildev Prataprao Shinde Also directs: Safess Quality Management Private Limited | Director | 31 Oct 2022 | 3 Years 11 Months | Current |
| Vinay Sudhakar Kshirsagar Also directs: Isspl Services Private Limited, Irclass Systems and Solutions Private Limited, Safess Quality Management Private Limited and 2 more | Director | 21 Oct 2015 | 11 Years 0 Months | Current |
Peer Comparison of Safess Engineering and Projects Private Limited
Safess Engineering and Projects Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mechano-Petra Engineering Services Private Limited | ₹11.46 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Tecpro Engineers Limited | ₹11.41 Lakh (FY 2016) | •••• | •••• | -90.0% | •••• | New Delhi, Delhi, India |
| Intellex Engineers Private Limited | ₹11.38 Lakh (FY 2020) | •••• | •••• | -45.0% | •••• | Navi Mumbai, Maharashtra, India |
| Neeleema Projects Private Limited | ₹11.35 Lakh (FY 2021) | •••• | •••• | -69.0% | •••• | Bhayander, Maharashtra, India |
| Dee-Tech Energy Projects Private Limited | ₹11.26 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Chennai, Tamil Nadu, India |
| Safess Engineering and Projects Private Limited this company | ₹11.22 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| S.Cranes Engineering Works Private Limited | ₹11.18 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Asy Engineering Private Limited | ₹11.11 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Thane, Maharashtra, India |
| Nilrekha Construction Private Limited | ₹11.02 Lakh (FY 2022) | •••• | •••• | -74.0% | •••• | Delhi, India |
| Shastree Technocrats Private Limited | ₹10.99 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Mascon Engineers Private Limited | ₹10.98 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Safess Engineering and Projects by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Safess Engineering and Projects Private Limited
Safess Engineering and Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Safess Engineering and Projects Private Limited
Employment history and EPFO contributions of people linked to Safess Engineering and Projects.
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 Safess Engineering and Projects Private Limited
Safess Engineering and Projects Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Kapildev Prataprao Shinde ceased to be Additional Director on 21 Sep 2023.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Safess Engineering and Projects 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 Safess Engineering and Projects 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 Safess Engineering and Projects 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 Safess Engineering and Projects Private Limited
Safess Engineering and Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ0310J1ZU | 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 Safess Engineering and Projects 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 Safess Engineering and Projects Private Limited
Safess Engineering and Projects is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 18 February 1986 (40+ years old) and is registered under CIN U74909MH1986PTC038978.
Safess Engineering and Projects reported revenue of ₹11.22 Lakh for FY 2025 (up 7% YoY).
Safess Engineering and Projects has 2 current directors:
- Kapildev Prataprao Shinde - Director
- Vinay Sudhakar Kshirsagar - Director
Safess Engineering and Projects reported a net profit of ₹7.77 Lakh (net margin 69.3%) and EBITDA of ₹10.71 Lakh (EBITDA margin 95.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Safess Engineering and Projects is 41% over three years and -43% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Safess Engineering and Projects is 27AAACQ0310J1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Safess Engineering and Projects is U74909MH1986PTC038978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safess Engineering and Projects was incorporated on 18 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Safess Engineering and Projects by revenue are Mechano-Petra Engineering Services Private Limited, Tecpro Engineers Limited, Intellex Engineers Private Limited, Neeleema Projects Private Limited, Dee-Tech Energy Projects Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Kapildev Prataprao Shinde ceased to be Additional Director on 21 Sep 2023. Paulson Chakkunny Neelankavil ceased to be Additional Director on 05 Sep 2023. Kapildev Prataprao Shinde was appointed as Director on 31 Oct 2022. Safess Engineering and Projects has 10 board changes on record in total.
The registered office of Safess Engineering and Projects is at 52 A Adi Shankaracharya Marg Opp Powai Lake Powai, Mumbai, Maharashtra, India – 400072.