MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0034594
Shil Technologies Private Limited - engineering in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.94 Cr
▲ 22% YoY
Net profit · FY 2024
₹1.11 Cr
Net margin 3.8%
EBITDA · FY 2024
₹2.93 Cr
EBITDA margin 10.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.27 Lakh
Issued & subscribed
Open charges
₹16.48 Cr
Satisfied ₹3.95 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
27
Provident fund records
About Shil Technologies Private Limited
Data last updated:
Shil Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 27 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72100GJ1996PTC028921. Its GSTIN is 24AACCS7981D1ZA (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.27 Lakh. It was formerly known as Shil Trade Private Limited. It is led by directors Shilpaben Shah Atulbhai and Atul R Shah.
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 613 Yashkamal Buildingsayajigunj, Vadodara, Gujarat, India – 390005.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.94 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 3.8%) and EBITDA of ₹2.93 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 28% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.48 Cr and satisfied charges of ₹3.95 Cr on record. Court records list 27 cases involving the company, including 21 filed by the company and 6 filed against it; 2 cases are pending.
Shil Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0034594). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shiltechnologies.in.
Company details
CIN U72100GJ1996PTC028921
Registration Number 028921
Incorporation Date 27 February 1996
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 Small
Udyam Registration UDYAM-GJ-24-0034594
CIN history
Shil Technologies has one previous CIN (Corporate Identification Number): U51100GJ1996PTC028921. The current CIN is U72100GJ1996PTC028921, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100GJ1996PTC028921 | Current |
| U51100GJ1996PTC028921 | Previous |
Recognitions & Rankings of Shil Technologies
Contact details
Shil Technologies Private Limited's registered office is in Vadodara, Gujarat. Its website is shiltechnologies.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address613 Yashkamal Buildingsayajigunj, Vadodara, Gujarat, India – 390005
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Shil Technologies Private Limited, buy the company report.
Comprehensive company report
Shil Technologies 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 Shil Technologies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Shil Technologies Private Limited, buy the company report.
Financials of Shil Technologies Private Limited
FY 2025 filings availableShil Technologies Private Limited reported revenue of ₹28.94 Cr (up 22% YoY) for FY 2024.
Revenue · FY 2024
₹28.94 Cr ▲ 22%
Net profit · FY 2024
₹1.11 Cr margin 3.8%
EBITDA · FY 2024
₹2.93 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 43%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 54%
5 years · compounded
▲ 54%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 22% growth in the latest year. EBITDA rose 36% 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 | ₹2.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 Cr | ||||
| 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 | 10.1% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shil Technologies Private Limited, buy the company report.
Board of directors of Shil Technologies Private Limited
Shil Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpaben Shah Atulbhai | Director | 27 Feb 1996 | 30 Years 7 Months | Current |
| Atul R Shah | Director | 27 Sep 1996 | 30 Years 0 Months | Current |
Peer comparison
Shil Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SV Sharda Mechanism Private Limited | ₹30.3 Cr (FY 2024) | 6.0% | Kanpur, Uttar Pradesh, India | |||
| Shil Technologies Private Limitedthis company | ₹28.94 Cr (FY 2024) | ₹1.11 Cr | 3.8% | 22.0% | 27 | Vadodara, Gujarat, India |
| Bansal Belt & Bearings Private Limited | ₹28.19 Cr (FY 2025) | 34.0% | Panipat, Haryana, India | |||
| Arhm Industrial Enterprises Private Limited | ₹28.12 Cr (FY 2025) | -19.0% | Bhabat, Punjab, India | |||
| Klimas India Private Limited | ₹27.71 Cr (FY 2024) | 49.0% | Pune, Maharashtra, India |
To see the full peer comparison of Shil Technologies Private Limited, buy the company report.
Auditor
Shil Technologies Private Limited is audited by Parikh Shah Chotalia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Parikh Shah Chotalia & Associates | FY 2023 | 118493W |
Shareholding
The shareholding of Shil Technologies Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shil Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.48 Cr
Satisfied charges
₹3.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2019 | 100304169 | Others | ₹8.22 Cr | Open | |
| 14 May 2018 | 100182320 | State Bank of India | ₹4 Lakh | Open | |
| 30 Jan 2009 | 10141838 | Others | ₹8.22 Cr | Open | |
| 10 Sep 2009 | 10176916 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 21 Apr 2007 | 10073398 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Shil Technologies Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shil Technologies Private Limited has 27 court cases on record: 21 filed by Shil Technologies, 6 filed against it. 2 cases are pending and 25 are disposed.
Total cases
27
Filed by the company
21
Filed against the company
6
Pending
2
Disposed
25
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 6 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Anupam Mhi Industries Ltd. and 4 others | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Sona Coating Pvt Ltd. and 1 other | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST S) | Filed by the company against Sharma Pharmaceutical Pvt Ltd and 1 other | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Sharma Pharmaceutical Pvt Ltd and 1 other | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST S) | Filed by the company against M/S Anupam Industries Limited and 4 others | Disposed |
To see the full case history of Shil Technologies Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Shil Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shil Technologies Private Limited has a workforce of 27 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
8%
GST
Shil Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS7981D1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shil Technologies Private Limited, buy the company report.
Recent activity
Shil Technologies Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Atul R Shah was appointed as Director on 27 Sep 1996.
AGM
Shil Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shil Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 822.00 Lakh registered on 21 Nov 2019 with Charge ID 100304169 was modified on 31 Dec 2024.
Charges
A charge with Others of Rs. 822.00 Lakh registered on 30 Jan 2009 with Charge ID 10141838 was modified on 31 Dec 2024.
Charges
A charge with Others amounted to Rs. 822.00 Lakh with Charge ID 100304169 was registered on 21 Nov 2019.
Charges
A charge with State Bank Of India amounted to Rs. 4.00 Lakh with Charge ID 100182320 was registered on 14 May 2018.
Charges
A charge registered on 10 Sep 2009 via Charge ID 10176916 with Axis Bank Limited was fully satisfied on 15 Jun 2010.
Charges
A charge with Axis Bank Limited of Rs. 200.00 Lakh registered on 10 Sep 2009 with Charge ID 10176916 was modified on 12 Dec 2009.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 10176916 was registered on 10 Sep 2009.
Charges
A charge registered on 02 Jan 2002 via Charge ID 90112699 with Pragati Sahkari Bank Ltd. was fully satisfied on 03 Mar 2009.
Charges
A charge registered on 21 Apr 2007 via Charge ID 10073398 with Hdfc Bank Limited was fully satisfied on 16 Feb 2009.
Charges
A charge with Others amounted to Rs. 822.00 Lakh with Charge ID 10141838 was registered on 30 Jan 2009.
5 earlier events are in the company report.
Frequently asked questions
Shil Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 27 February 1996 (30+ years old) and is registered under CIN U72100GJ1996PTC028921.
Shil Technologies has 2 current directors:
- Shilpaben Shah Atulbhai - Director
- Atul R Shah - Director
The latest financial statements of Shil Technologies 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 Shil Technologies is 24AACCS7981D1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Shil Technologies is U72100GJ1996PTC028921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shil Technologies has 27 court cases on record: 21 filed by the company and 6 filed against it. 2 are pending.
Shil Technologies was incorporated on 27 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shil Technologies by revenue are SV Sharda Mechanism Private Limited, Bansal Belt & Bearings Private Limited, Arhm Industrial Enterprises Private Limited, Klimas India Private Limited, all in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading).
Atul R Shah was appointed as Director on 27 Sep 1996. Shilpaben Shah Atulbhai was appointed as Director on 27 Feb 1996.
Yes, Shil Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0034594).
Shil Technologies can be reached through the website shiltechnologies.in. Its registered office is in Vadodara, Gujarat, India.