- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0025688

About Shayona Engineering Limited
Data last updated:
Shayona Engineering Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2017PLC095794. Its GSTIN is 24AAYCS1309M1ZV (Gujarat). Its shares are listed on BSE: 544686.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.89 Cr. It is led by directors including Vipul Bhikhabhai Solanki (Managing Director) and Gaurav Ratukumar Parekh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 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 latest standalone financials for FY 2025-26, the company reported a revenue of ₹40.27 Cr, a growth of 73.9% compared to the previous year. For the same year it recorded a net profit of ₹4.04 Cr (net margin 10%) and EBITDA of ₹7.53 Cr (EBITDA margin 18.7%). The net worth stands at ₹26.64 Cr (up 169.4% YoY). Total assets are valued at ₹47.03 Cr (up 96.9% YoY).
As per MCA filings, the company has open charges of ₹20.82 Cr and satisfied charges of ₹10.48 Cr on record. The company has 14 deals on record (8 market trades, 3 rights issues, 2 secondary share transfers); the latest was in September 2026. Its 10 peer companies in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 5 larger and 5 smaller; the largest is Intime Fire Appliances Private Limited with revenue of ₹23.2 Cr.
Shayona Engineering Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0025688). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shayonaengg.com.
CIN History of Shayona Engineering Limited
Shayona Engineering has one previous CIN (Corporate Identification Number): U29309GJ2017PTC095794. The current CIN is U29309GJ2017PLC095794, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309GJ2017PLC095794 | Current |
| U29309GJ2017PTC095794 | Previous |
Recognitions & Rankings of Shayona Engineering
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShed No 113/1 GIDC, Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Shayona Engineering Limited
The main business activity of Shayona Engineering is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. 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 Shayona Engineering Limited FY 2025-26 filings available
Shayona Engineering Limited reported revenue of ₹40.27 Cr (up 73.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 40.27 | 23.16 | 15.24 | 12.56 | 4.58 | 2.97 |
| Revenue growth | +73.9% | +52.0% | +21.3% | +174.2% | +54.2% | - |
| EBITDA | 7.53 | 5.11 | 2.98 | 1.16 | 0.39 | 0.29 |
| EBITDA margin | +18.7% | +22.1% | +19.6% | +9.2% | +8.5% | +9.8% |
| Profit before tax | 5.34 | 3.91 | 2.31 | 0.82 | 0.12 | 0.09 |
| Net profit | 4.04 | 2.46 | 1.71 | 0.59 | 0.09 | 0.06 |
| Net profit margin | +10.0% | +10.6% | +11.2% | +4.7% | +2.0% | +2.0% |
| EPS (₹) | 10.38 | 8.46 | 7.53 | 5.89 | 2.04 | 4.39 |
| Balance sheet | ||||||
| Total assets | 47.03 | 23.88 | 9.53 | 5.57 | 2.23 | 2.31 |
| Net worth | 26.64 | 9.89 | 3.99 | 2.01 | 0.90 | 0.48 |
| Total debt | 20.18 | 13.91 | 5.42 | 3.45 | 1.32 | 1.83 |
| Cash & bank | 1.34 | 0.05 | 0.06 | 0.05 | 0.04 | 0.22 |
| Net working capital | 25.00 | 11.57 | 4.73 | 2.78 | (0.41) | 0.17 |
| Cash flow | ||||||
| Cash from operations | (5.80) | (2.25) | (0.20) | (2.10) | 0.41 | - |
| Cash from investing | (10.29) | (8.81) | (1.52) | (0.31) | (0.67) | - |
| Cash from financing | 17.38 | 11.04 | 1.73 | 2.41 | 0.09 | - |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 40.27 | 23.16 | 15.24 | 12.56 | 4.58 | 2.97 |
| Revenue growth | +73.9% | +52.0% | +21.3% | +174.2% | +54.2% | - |
| Other income | 0.04 | 0.02 | 0.04 | 0.08 | 0.00 | 0.03 |
| Total expenses | 32.74 | 18.05 | 12.26 | 11.40 | 4.19 | 2.68 |
| Employee cost | 1.05 | 0.38 | 1.32 | 1.05 | 0.22 | 0.28 |
| EBITDA | 7.53 | 5.11 | 2.98 | 1.16 | 0.39 | 0.29 |
| EBITDA margin | +18.7% | +22.1% | +19.6% | +9.2% | +8.5% | +9.8% |
| Depreciation | 0.62 | 0.26 | 0.20 | 0.18 | 0.15 | 0.11 |
| Interest | 1.61 | 0.96 | 0.51 | 0.24 | 0.12 | 0.12 |
| Profit before tax | 5.34 | 3.91 | 2.31 | 0.82 | 0.12 | 0.09 |
| Tax | 1.30 | 1.50 | 0.60 | 0.23 | 0.03 | 0.03 |
| Net profit | 4.04 | 2.46 | 1.71 | 0.59 | 0.09 | 0.06 |
| Net profit margin | +10.0% | +10.6% | +11.2% | +4.7% | +2.0% | +2.0% |
| EPS (₹) | 10.38 | 8.46 | 7.53 | 5.89 | 2.04 | 4.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 3.89 | 2.86 | 2.27 | 1.00 | 0.48 | 0.15 |
| Reserves & surplus | 22.75 | 7.03 | 1.72 | 1.01 | 0.42 | 0.33 |
| Shareholders' funds (net worth) | 26.64 | 9.89 | 3.99 | 2.01 | 0.90 | 0.48 |
| Secured loans | 19.41 | 13.07 | 4.41 | 3.45 | 1.32 | 1.82 |
| Unsecured loans | 0.77 | 0.84 | 1.01 | 0.00 | 0.00 | 0.01 |
| Total debt | 20.18 | 13.91 | 5.42 | 3.45 | 1.32 | 1.83 |
| Total liabilities | - | - | 9.53 | 5.57 | 2.23 | 2.31 |
| Assets | ||||||
| Gross block | 7.77 | 4.77 | 4.97 | 3.45 | 3.15 | 2.48 |
| Net block | 6.34 | 3.76 | 4.12 | 2.80 | 2.73 | 2.20 |
| Capital work in progress | 15.98 | 8.89 | 0.05 | 0.05 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 1.22 | 2.63 | 1.68 | 1.33 | 0.27 | 0.10 |
| Sundry debtors | 21.82 | 11.74 | 5.62 | 2.50 | 0.71 | 0.56 |
| Cash & bank balances | 1.34 | 0.05 | 0.06 | 0.05 | 0.04 | 0.22 |
| Loans & advances | 6.71 | 2.54 | 0.42 | 0.53 | 0.16 | 0.11 |
| Total current assets | 31.09 | 16.96 | 7.78 | 4.41 | 1.18 | 0.99 |
| Total current liabilities | 6.09 | 5.39 | 3.05 | 1.63 | 1.59 | 0.82 |
| Net working capital | 25.00 | 11.57 | 4.73 | 2.78 | (0.41) | 0.17 |
| Total assets | 47.03 | 23.88 | 9.53 | 5.57 | 2.23 | 2.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.05 | 0.06 | 0.05 | 0.04 | 0.22 | - |
| Net cash from operating activities | (5.80) | (2.25) | (0.20) | (2.10) | 0.41 | - |
| Net cash from investing activities | (10.29) | (8.81) | (1.52) | (0.31) | (0.67) | - |
| Net cash from financing activities | 17.38 | 11.04 | 1.73 | 2.41 | 0.09 | - |
| Net change in cash | 1.29 | (0.01) | 0.01 | 0.00 | (0.18) | - |
| Closing cash | 1.34 | 0.05 | 0.06 | 0.05 | 0.04 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +73.9% | +52.0% | +21.3% | +174.2% | +54.2% | - |
| EBITDA growth | +47.4% | +71.5% | +156.9% | +197.4% | +34.5% | - |
| PBT growth | +36.6% | +69.3% | +181.7% | +583.3% | +33.3% | +9997.0% |
| Net income growth | +64.2% | +43.9% | +189.8% | +555.6% | +50.0% | - |
| Revenue CAGR (3Y) | +47.5% | +71.6% | +72.5% | - | - | - |
| EBITDA CAGR (3Y) | +86.5% | +135.8% | +117.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +10.0% | +10.4% | +11.2% | +4.7% | +2.0% | +2.0% |
| Return on capital employed | +19.6% | +29.2% | +37.4% | +27.2% | +11.0% | +9.5% |
| Return on net worth | +22.1% | +34.9% | +57.0% | +40.6% | +14.5% | +14.6% |
| Debt / equity | 0.93 | 1.39 | 1.48 | 1.64 | 2.28 | 3.81 |
| Long-term debt / equity | 0.42 | 0.47 | 0.21 | 0.57 | 1.27 | 1.90 |
| Interest cover | 23.30 | 19.79 | 18.35 | 24.49 | 50.00 | 66.67 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 6.42 | 4.76 | 3.62 | 3.81 | 1.63 | 1.20 |
| Inventory turnover | 20.92 | 10.75 | 10.13 | 15.70 | 24.76 | 29.70 |
| Debtors turnover | 2.40 | 2.67 | 3.75 | 7.83 | 7.21 | 5.30 |
| EPS (₹) | 10.38 | 8.46 | 7.53 | 5.89 | 2.04 | 4.39 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 68.45 | 34.57 | 17.59 | 20.09 | 18.83 | 31.73 |
Board of Directors of Shayona Engineering Limited
Shayona Engineering has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Bhikhabhai Solanki Also directs: Shayona Glue Guard Private Limited | Managing Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Gaurav Ratukumar Parekh | Whole-Time Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Arpita Tejaskumar Shah | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Kinnariben Vipulbhai Solanki | Whole-Time Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Miteshkumar Ghanshyambhai Rana Also directs: Areen Energy Solutions LLP, Constellation Globalsetu LLP, I Secure Credit & Capital Services Limited and 2 more | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Sagar Natvarlal Tailor Also directs: Viviana Power Tech Limited | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
Peer Comparison of Shayona Engineering Limited
Shayona Engineering Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shayona Engineering Limited this company | ₹40.27 Cr (FY 2026) | •••• | •••• | 73.9% | •••• | Vadodara, Gujarat, India |
| Intime Fire Appliances Private Limited | ₹23.2 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Tajpuriya Techno Plast Private Limited | ₹23.2 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | Nashik, Maharashtra, India |
| Omtex Sports International Private Limited | ₹23.19 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Vasai East, Maharashtra, India |
| Siliguri Poly Products Private Limited | ₹23.18 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Siliguri, West Bengal, India |
| Silver Creations Private Limited | ₹23.18 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Jaipur, Rajasthan, India |
| Pca Signages India Private Limited | ₹23.16 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Nirmala Polyropes India Private Limited | ₹23.16 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Defence Land Systems India Limited | ₹23.15 Cr (FY 2016) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Chokshi Ambalal Govindlal Jewelers Private Limited | ₹23.15 Cr (FY 2018) | •••• | •••• | -72.0% | •••• | Ahmedabad, Gujarat, India |
| R V Diamond Jewellers Private Limited | ₹23.11 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Shayona Engineering by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), 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 Shayona Engineering Limited
Shayona Engineering Limited is audited by SGPS & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SGPS & 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.
Shareholding Pattern of Shayona Engineering Limited
Shareholding for the quarter ended Sep 2026: promoters hold 64.10%, foreign institutional investors hold 0.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 35.60%.
| Sep 2026 | Jun 2026 | |
|---|---|---|
| Promoters | 64.10% | 64.10% |
| Public | 35.90% | 35.90% |
Charges & Borrowings of Shayona Engineering Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2025 | Others | ₹2.41 Cr | Open |
| 17 May 2025 | Hdfc Bank Limited | ₹23.04 Lakh | Open |
| 14 Oct 2024 | Hdfc Bank Limited | ₹17.85 Lakh | Open |
| 05 Oct 2024 | Hdfc Bank Limited | ₹18 Cr | Open |
| 01 Jul 2023 | Yes Bank Limited | ₹5.06 Cr | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of Shayona Engineering Limited
Shayona Engineering Limited has 14 deals on record (8 market trades, 3 rights issues, 2 secondary share transfers); the latest was in September 2026.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹43.1 Lakh | Buyer: an individual Seller: an individual |
| Jun 2026 | Market trade | ₹28 Lakh | Buyer: an individual |
| Mar 2026 | Market trade | ₹78.5 Lakh | Buyer: Arthawave Wealth Management Private Limited Seller: Arthawave Wealth Management Private Limited , an individual |
| Feb 2026 | Market trade | ₹34.5 Lakh | Seller: Craft Emerging Market Fund Pcc- Citadel Capital Fund |
| Jan 2026 | Market trade | ₹6.29 Cr | Buyer: Craft Emerging Market Fund Pcc- Citadel Capital Fund, Kingsman Wealth Management Private Limited , Horizon Financial Consultants Private Limited , an individual |
Full deal history
All 14 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.
Employees and EPFO Compliance at Shayona Engineering Limited
Employment history and EPFO contributions of people linked to Shayona Engineering.
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 Shayona Engineering Limited
Shayona Engineering Limited has 10 board changes on record since 2017: 6 appointments and 4 cessations. The latest: Gaurav Ratukumar Parekh ceased to be Director on 20 Sep 2024.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shayona Engineering 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 Shayona Engineering 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 Shayona Engineering 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 Shayona Engineering Limited
Shayona Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS1309M1ZV | Gujarat | 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 Shayona Engineering 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 Shayona Engineering Limited
Shayona Engineering is an active public limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 February 2017 (9+ years old) and is registered under CIN U29309GJ2017PLC095794. Listed on BSE: 544686.
Shayona Engineering reported revenue of ₹40.27 Cr for FY 2025-26 (up 73.9% YoY) based on standalone financials.
Shayona Engineering has 6 current directors:
- Vipul Bhikhabhai Solanki - Managing Director
- Gaurav Ratukumar Parekh - Whole-Time Director
- Kinnariben Vipulbhai Solanki - Whole-Time Director
- Arpita Tejaskumar Shah - Director
- Miteshkumar Ghanshyambhai Rana - Director
- Sagar Natvarlal Tailor - Director
The GSTIN of Shayona Engineering is 24AAYCS1309M1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Shayona Engineering is U29309GJ2017PLC095794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shayona Engineering is listed on BSE with code 544686.
Shayona Engineering was incorporated on 14 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shayona Engineering has 14 deals on record (8 market trades, 3 rights issues, 2 secondary share transfers); the latest was in September 2026.
The peers of Shayona Engineering by revenue are Intime Fire Appliances Private Limited, Tajpuriya Techno Plast Private Limited, Omtex Sports International Private Limited, Siliguri Poly Products Private Limited, Silver Creations Private Limited and 5 more, all in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Gaurav Ratukumar Parekh ceased to be Director on 20 Sep 2024. Kinnariben Vipulbhai Solanki ceased to be Director on 20 Sep 2024. Vipul Bhikhabhai Solanki ceased to be Director on 20 Sep 2024. Shayona Engineering has 10 board changes on record in total.
Yes, Shayona Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0025688).