- Udyam number
- UDYAM-GJ-24-0046772

About Schwartz Turbotech Private Limited
Data last updated:
Schwartz Turbotech Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 17 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29110GJ2014PTC080144. Its GSTIN is 24AAUCS7200D1ZG (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Chandrakant Ravjibhai Patel and Cyrus Rusi Engineer.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.86 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹16.45 Lakh (net margin 1.2%) and EBITDA of ₹1.01 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 26% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Schwartz Turbo Tech. As per MCA filings, the company has open charges of ₹3.1 Cr and satisfied charges of ₹1.1 Cr on record.
Schwartz Turbotech Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0046772). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website schwartzturbotech.com.
Company details
Recognitions & Rankings of Schwartz Turbotech
Contact details
Schwartz Turbotech Private Limited's registered office is in Vadodara, Gujarat. Its website is schwartzturbotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address987 GIDC, Por Ramangamdi, Vadodara, Gujarat, India – 391243
- IndustryEnergy and Power, Power EPC, BoP & BTG Services, Power Equipment Manufacturers
To see the full contact details of Schwartz Turbotech Private Limited, buy the company report.
- 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
Brands
Schwartz Turbotech operates one associated brand: Schwartz Turbo Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Services for power plants including refurbishments, spares manufacturing, repairs, and engineering in the energy sector. | schwartzturbotech.com |
Business activity
The main business activity of Schwartz Turbotech is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Schwartz Turbotech Private Limited, buy the company report.
Financials of Schwartz Turbotech Private Limited
FY 2025 filings availableSchwartz Turbotech Private Limited reported revenue of ₹13.86 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 8% 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 | ₹1.01 Cr | ||||
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| Net Profit (PAT) | ₹16.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Schwartz Turbotech Private Limited, buy the company report.
Board of directors of Schwartz Turbotech Private Limited
Schwartz Turbotech has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Ravjibhai Patel | Director | 17 Oct 2016 | 10 Years 0 Months | Current |
| Cyrus Rusi Engineer | Director | 13 Dec 2021 | 4 Years 10 Months | Current |
| Pradyumansinh Suryasinh Rathod Also directs: Shivaanta Builders LLP | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Hitesh Krishnakant Vakil | Director | 17 Jul 2014 | 12 Years 3 Months | Current |
| Sameerbhai Prakashbhai Vaidya | Director | 09 Nov 2015 | 11 Years 0 Months | Current |
| Rohinton Rusi Engineer Also directs: Teraagreen Bio Energy Private Limited, Industrial Boilers Limited, Ib Turbo Private Limited and 3 more | Director | 13 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Schwartz Turbotech Private Limited is audited by SHAH & PATEL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & PATEL | FY 2023 | 124743W |
Shareholding
The shareholding of Schwartz Turbotech 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 Schwartz Turbotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2022 | 100662648 | Hdfc Bank Limited | ₹3.1 Cr | Open | |
| 05 Mar 2020 | 100332041 | Others | ₹1 Cr | Satisfied | |
| 24 Feb 2020 | 100333094 | Others | ₹10 Lakh | Satisfied |
To see the full charge records of Schwartz Turbotech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Schwartz Turbotech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Schwartz Turbotech Private Limited has 2 MSME Form 1 returns on record between 2020 and 2024, listing 104 overdue payments to 98 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 98)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Four Tesseract | |||
| an individual supplier | |||
| Naren Hardware & Tools |
To see the full MSME payment records of Schwartz Turbotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Schwartz Turbotech Private Limited has a workforce of 38 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Schwartz Turbotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCS7200D1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Schwartz Turbotech Private Limited, buy the company report.
Recent activity
Schwartz Turbotech Private Limited has 10 board changes on record since 2014: 8 appointments and 2 cessations. The latest: Cyrus Rusi Engineer was appointed as Director on 13 Dec 2021.
7 earlier events are in the company report.
Frequently asked questions
Schwartz Turbotech is an active private limited company based in Vadodara, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 17 July 2014 (12+ years old) and is registered under CIN U29110GJ2014PTC080144.
Schwartz Turbotech has 6 current directors:
- Chandrakant Ravjibhai Patel - Director
- Cyrus Rusi Engineer - Director
- Pradyumansinh Suryasinh Rathod - Director
- Hitesh Krishnakant Vakil - Director
- Sameerbhai Prakashbhai Vaidya - Director
- Rohinton Rusi Engineer - Director
The latest financial statements of Schwartz Turbotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Schwartz Turbotech is 24AAUCS7200D1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Schwartz Turbotech is U29110GJ2014PTC080144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Schwartz Turbotech was incorporated on 17 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Cyrus Rusi Engineer was appointed as Director on 13 Dec 2021. Rohinton Rusi Engineer was appointed as Director on 13 Dec 2021. Prerana Hitesh Vakil ceased to be Director on 22 Jun 2020. Schwartz Turbotech has 10 board changes on record in total.
Yes, Schwartz Turbotech is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0046772).
Schwartz Turbotech has 2 MSME Form 1 returns on record between 2020 and 2024, listing 104 overdue payments to 98 micro and small suppliers. The latest return was filed on 15 May 2024.
Schwartz Turbotech can be reached through the website schwartzturbotech.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Schwartz Turbotech is at 987 GIDC, Por Ramangamdi, Vadodara, Gujarat, India – 391243.

