MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0018409
Sheth Concepts Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.22 Cr
▼ 35% YoY
Net profit · FY 2024
₹4.32 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹6.33 Lakh
EBITDA margin 2.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Sheth Concepts Private Limited
Data last updated:
Sheth Concepts Private Limited is a private 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 26 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74200GJ2011PTC064609. Its GSTIN is 24AAPCS6271B1ZC (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hitesh Navnitlal Sheth and Rumil Hiteshkumar Sheth.
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 10 Aditya Bunglows Near Hdfc Bank Ltd. Chhani Jakat Naka Chhani Tp 13, Vadodara, Gujarat, India – 390024.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.22 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹4.32 Lakh (net margin 1.9%) and EBITDA of ₹6.33 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
Sheth Concepts Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0018409). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shethconcept.com.
Company details
CIN U74200GJ2011PTC064609
Registration Number 064609
Incorporation Date 26 March 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0018409
Recognitions & Rankings of Sheth Concepts
Contact details
Sheth Concepts Private Limited's registered office is in Vadodara, Gujarat. Its website is shethconcept.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10 Aditya Bunglows Near Hdfc Bank Ltd. Chhani Jakat Naka Chhani Tp 13, Vadodara, Gujarat, India – 390024
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Sheth Concepts Private Limited, buy the company report.
Comprehensive company report
Sheth Concepts Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Sheth Concepts is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Sheth Concepts Private Limited, buy the company report.
Financials of Sheth Concepts Private Limited
FY 2025 filings availableSheth Concepts Private Limited reported revenue of ₹2.22 Cr (down 35% YoY) for FY 2024.
Revenue · FY 2024
₹2.22 Cr ▼ 35%
Net profit · FY 2024
₹4.32 Lakh margin 1.9%
EBITDA · FY 2024
₹6.33 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 4%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 11%
5 years · compounded
▲ 6%
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Sheth Concepts Private Limited, buy the company report.
Board of directors of Sheth Concepts Private Limited
Sheth Concepts has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Navnitlal Sheth | Director | 26 Mar 2011 | 15 Years 7 Months | Current |
| Rumil Hiteshkumar Sheth | Director | 15 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Sheth Concepts Private Limited is audited by AMIN PARIKH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIN PARIKH & CO | FY 2019 | 100332W |
Shareholding
The shareholding of Sheth Concepts Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sheth Concepts Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sheth Concepts 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
No delayed payments to MSME suppliers are on our record for Sheth Concepts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sheth Concepts has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCS6271B1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sheth Concepts Private Limited, buy the company report.
Recent activity
Sheth Concepts Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Rumil Hiteshkumar Sheth ceased to be Additional Director on 30 Sep 2015.
AGM
Sheth Concepts Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sheth Concepts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Rumil Hiteshkumar Sheth ceased to be Additional Director.
Ceased
Navnitlal Manilal Sheth ceased to be Additional Director.
Appointed
Rumil Hiteshkumar Sheth was appointed as Director.
Ceased
Nirav Arvindbhai Parikh ceased to be Director.
Appointed
Hitesh Navnitlal Sheth was appointed as Director.
Incorporation
26 Mar 2011
Sheth Concepts Private Limited was registered on 26 Mar 2011 with Roc Ahmedabad & aged 15 years 7 months as per MCA records.
Frequently asked questions
Sheth Concepts is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 March 2011 (15+ years old) and is registered under CIN U74200GJ2011PTC064609.
Sheth Concepts has 2 current directors:
- Hitesh Navnitlal Sheth - Director
- Rumil Hiteshkumar Sheth - Director
The latest financial statements of Sheth Concepts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sheth Concepts is 24AAPCS6271B1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Sheth Concepts is U74200GJ2011PTC064609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Concepts was incorporated on 26 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rumil Hiteshkumar Sheth ceased to be Additional Director on 30 Sep 2015. Navnitlal Manilal Sheth ceased to be Additional Director on 21 Feb 2015. Rumil Hiteshkumar Sheth was appointed as Director on 15 Feb 2015. Sheth Concepts has 5 board changes on record in total.
Yes, Sheth Concepts is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0018409).
Sheth Concepts can be reached through the website shethconcept.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Sheth Concepts is at 10 Aditya Bunglows Near Hdfc Bank Ltd. Chhani Jakat Naka Chhani Tp 13, Vadodara, Gujarat, India – 390024.
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