About Servotech India Limited
Data last updated:
Servotech India Limited is a public 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 09 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH1986PLC040345. Its GSTIN is 27AAFCS3985A1ZB (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.79 Cr. It was formerly known as Tecnal (India) Limited and Servotech Engineers (India) Limited. It is led by directors including Radheshyam Sitaram Lahoti (Managing Director) and Manisha Murli Lahoti (Whole-Time Director).
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 401 A – Wing Eureka Tower Behind Toyota Showroom New Link Road Malad West Mumbai – 400 0, 64, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.26 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹2.37 Cr (net margin 5.4%) and EBITDA of ₹3.85 Cr (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 3% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹38.86 Cr on record. Court records list 33 cases involving the company, including 25 filed by the company and 8 filed against it; 4 cases are pending. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹4.82 Cr; the latest was in June 2022. Its 10 peer companies in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Yanmar India Private Limited with revenue of ₹44.93 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 253 overdue payments to 20 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website servotech-india.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address401 A – Wing Eureka Tower Behind Toyota Showroom New Link Road Malad West Mumbai – 400 0, 64, Maharashtra, India – 400064
- 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
Business Activity of Servotech India Limited
The main business activity of Servotech India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Servotech India Limited FY 2025 filings available
Servotech India Limited reported revenue of ₹44.26 Cr (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Servotech India Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 45% fall in the latest year. EBITDA fell 27% 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 Servotech India 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 | ₹3.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.37 Cr | •••• | •••• | •••• | •••• |
| 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 Servotech India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 Servotech India 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 Servotech India Limited
Servotech India Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yanmar India Private Limited | ₹44.93 Cr (FY 2021) | •••• | •••• | -30.0% | •••• | Delhi, India |
| Skipper Technologies India Private Limited | ₹44.73 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Roorkee, Uttarakhand, India |
| Matric Auto Solutions Private Limited | ₹44.5 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Kota Earthmovers and Hydraulics Private Limited | ₹44.42 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Kota, Rajasthan, India |
| Ud Marketing Pvt Ltd | ₹44.37 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Servotech India Limited this company | ₹44.26 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
| LVS Earthmovers Private Limited | ₹44.15 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Spinks India Private Limited | ₹43.79 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| Anatek Services Private Limited | ₹43.74 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Sunitha Sales and Service Private Limited | ₹43.54 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kochi, Kerala, India |
| M M T Distributors Private Limited | ₹43.16 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Servotech India by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), 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 Servotech India Limited
Servotech India Limited is audited by S C MEHRA & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S C MEHRA & ASSOCIATES LLP | 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 Servotech India Limited
Servotech India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radheshyam Sitaram Lahoti Also directs: Amitex Agro Product Private Limited, Quality Products Marketing Pvt Ltd, Lahoti Exports Private Limited and 1 more | Managing Director | 18 Mar 2021 | 5 Years 6 Months | Current |
| Bhagwandass Mundhra | Director | 12 Apr 2022 | 4 Years 5 Months | Current |
| Manisha Murli Lahoti | Whole-Time Director | 26 Apr 2019 | 7 Years 5 Months | Current |
| Murli Manohar Lahoti | Director | 02 Jul 2001 | 25 Years 3 Months | Current |
Ownership and Shareholding of Servotech India 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 Servotech India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2019 | Hdfc Bank Limited | ₹1.36 Cr | Satisfied |
| 05 Oct 2011 | State Bank of Bikaner and Jaipur | ₹30 Cr | Satisfied |
| 12 Jan 2009 | Punjab National Bank | ₹6.75 Cr | Satisfied |
| 12 Jan 2009 | Punjab National Bank | ₹75 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Servotech India Limited
Servotech India Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹4.82 Cr; the latest was in June 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pearl Enterprises, Induja Traders Private Limited , Nissim Traders Pvt Ltd |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Nissim Traders Pvt Ltd Seller: Radheyshyam Lahoti HUF |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: Nissim Traders Pvt Ltd Seller: an individual |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Nissim Traders Pvt Ltd Seller: Murli Manohar Lahoti HUF |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Induja Traders Private Limited , Pearl Enterprises Seller: Nilesh Kumar Lahoti HUF, Murli Manohar Lahoti HUF, Quality Products Marketing Pvt Ltd |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Servotech India Limited
Servotech India Limited has 33 court cases on record: 25 filed by Servotech India, 8 filed against it. 4 cases are pending and 29 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 7 | 4 |
| High courts | 11 | 1 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Shanti Overseas (India) Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Raj Process Equipments and Systems Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SW CASES W) | Filed by the company against Manorama Industries Limited | Disposed |
| Calcutta High Court | Arbitration matter | Filed by the company against West Bengal Livestock Development Corporation Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Shanti Overseas (India) Limited | Disposed |
Full case history
All 33 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Servotech India Limited
Servotech India Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 253 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ms Logistics Private Limited | •••• | •••• | •••• |
| Uni Klinger Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Servotech India Limited
Servotech India Limited has a workforce of 53 employees as of Mar 31, 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.
Name History of Servotech India Limited
Servotech India has undergone 2 name changes throughout its history. The company was previously known as Tecnal (India) Limited, and Servotech Engineers (India) Limited. The current legal name is Servotech India Limited.
| Company Name | Status |
|---|---|
| Servotech India Limited | Current |
| Tecnal (India) Limited | Previous |
| Servotech Engineers (India) Limited | Previous |
CIN History of Servotech India Limited
Servotech India has one previous CIN (Corporate Identification Number): U29100MH1986PTC040345. The current CIN is U29100MH1986PLC040345, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100MH1986PLC040345 | Current |
| U29100MH1986PTC040345 | Previous |
Recent Activity on Servotech India Limited
Servotech India Limited has 11 board changes on record since 2001: 4 appointments and 7 cessations. The latest: Bhagwandass Mundhra ceased to be Additional Director on 30 Sep 2022.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Servotech India 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.
Subsidiaries & Group Companies of Servotech India 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 Servotech India Limited
Servotech India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS3985A1ZB | 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 Servotech India 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 Servotech India Limited
Servotech India is an active public 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 09 July 1986 (40+ years old) and is registered under CIN U29100MH1986PLC040345.
Servotech India reported revenue of ₹44.26 Cr for FY 2025 (down 45% YoY).
Servotech India has 4 current directors:
- Radheshyam Sitaram Lahoti - Managing Director
- Manisha Murli Lahoti - Whole-Time Director
- Bhagwandass Mundhra - Director
- Murli Manohar Lahoti - Director
Servotech India reported a net profit of ₹2.37 Cr (net margin 5.4%) and EBITDA of ₹3.85 Cr (EBITDA margin 8.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Servotech India is 33% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Servotech India is 27AAFCS3985A1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Servotech India is U29100MH1986PLC040345. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Servotech India has 33 court cases on record: 25 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Servotech India was incorporated on 09 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Servotech India has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹4.82 Cr; the latest was in June 2022.
The peers of Servotech India by revenue are Yanmar India Private Limited, Skipper Technologies India Private Limited, Matric Auto Solutions Private Limited, Kota Earthmovers and Hydraulics Private Limited, Ud Marketing Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Bhagwandass Mundhra ceased to be Additional Director on 30 Sep 2022. Ramawtar Sitaram Lahoti ceased to be Additional Director on 30 Sep 2022. Bhagwandass Mundhra was appointed as Director on 12 Apr 2022. Servotech India has 11 board changes on record in total.