About Shearline Process Private Limited
Data last updated:
Shearline Process Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 13 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27107MH1995PTC086398. Its GSTIN is 27AAECS5873L1ZQ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.21 Lakh. It is led by directors including Harsh Mahesh Jethwa and Mahesh Savjibhai Jethwa.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. A – 44 MIDC Taloja, Navi Mumbai, Maharashtra, India – 410206.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.43 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹5.92 Lakh (net margin -1.1%) and EBITDA of ₹1.85 Cr (EBITDA margin 34.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹2.8 Cr and satisfied charges of ₹2.77 Cr 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 shearlineprocess.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. A – 44 MIDC Taloja, Navi Mumbai, Maharashtra, India – 410206
- IndustryEngineering, Metal Foundry & Fabrication 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
Business Activity of Shearline Process Private Limited
The main business activity of Shearline Process is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing 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 Shearline Process Private Limited FY 2025 filings available
Shearline Process Private Limited reported revenue of ₹5.43 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shearline Process Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 12% 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 Shearline Process 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 | ₹1.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.92 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 Shearline Process Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.1% | •••• | •••• | •••• | •••• |
| 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 Shearline Process 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 Shearline Process Private Limited
Shearline Process Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ptwod Smart Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kapurthala, Punjab, India |
| Metaltree Engineering Private Limited | •••• | •••• | •••• | •••• | 22 | Gautam Buddha Nagar, Uttar Pradesh, India |
| SP Cranes and Structures Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Dynamicbala Industry Private Limited | •••• | •••• | •••• | •••• | - | Tirupur, Tamil Nadu, India |
| Mistry Engineering Works Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Shearline Process Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Acufab Private Limited | •••• | •••• | •••• | •••• | 15 | New Delhi, Delhi, India |
| Technogrip Industries Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Sankesh Exports Private Limited | •••• | •••• | •••• | •••• | 25 | Bangalore., Karnataka, India |
| Asmi Metal Products Pvt Ltd | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Step3 Technofab Private Limited | •••• | •••• | •••• | •••• | - | Halol, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Shearline Process by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Shearline Process Private Limited
Shearline Process Private Limited is audited by GITHALA & SONI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GITHALA & SONI | 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 Shearline Process Private Limited
Shearline Process has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Mahesh Jethwa | Director | 24 Jun 2017 | 9 Years 3 Months | Current |
| Mahesh Savjibhai Jethwa | Director | 13 Mar 1995 | 31 Years 6 Months | Current |
| Rohini Mahesh Jethwa | Director | 26 Oct 2010 | 15 Years 11 Months | Current |
Ownership and Shareholding of Shearline Process 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 Shearline Process Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2025 | Indian Bank | ₹1.8 Cr | Open |
| 10 Jun 2025 | Others | ₹1 Cr | Open |
| 13 Jun 2023 | Others | ₹42 Lakh | Satisfied |
| 22 Oct 2019 | Axis Bank Limited | ₹53 Lakh | Satisfied |
| 22 Oct 2019 | Axis Bank Limited | ₹82 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Shearline Process Private Limited
Employment history and EPFO contributions of people linked to Shearline Process.
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 Shearline Process Private Limited
Shearline Process Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Nirmalaben Saujibhai Jethwa ceased to be Director on 30 Dec 2020.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shearline Process 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 Shearline Process 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 Shearline Process 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 Shearline Process Private Limited
Shearline Process has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS5873L1ZQ | 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 Shearline Process 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 Shearline Process Private Limited
Shearline Process is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 13 March 1995 (31+ years old) and is registered under CIN U27107MH1995PTC086398.
Shearline Process reported revenue of ₹5.43 Cr for FY 2025 (down 30% YoY).
Shearline Process has 3 current directors:
- Harsh Mahesh Jethwa - Director
- Mahesh Savjibhai Jethwa - Director
- Rohini Mahesh Jethwa - Director
Shearline Process reported a net loss of ₹5.92 Lakh (net margin -1.1%) and EBITDA of ₹1.85 Cr (EBITDA margin 34.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shearline Process is 29% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shearline Process is 27AAECS5873L1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shearline Process is U27107MH1995PTC086398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shearline Process was incorporated on 13 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shearline Process by revenue are Ptwod Smart Solutions Private Limited, Metaltree Engineering Private Limited, SP Cranes and Structures Private Limited, Dynamicbala Industry Private Limited, Mistry Engineering Works Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Nirmalaben Saujibhai Jethwa ceased to be Director on 30 Dec 2020. Savjibhai Jagjivandas Jethwa ceased to be Director on 25 May 2020. Harsh Mahesh Jethwa ceased to be Additional Director on 30 Sep 2017. Shearline Process has 6 board changes on record in total.
Shearline Process can be reached through the website shearlineprocess.com. Its registered office is in Navi Mumbai, Maharashtra, India.