MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0025453
Speed Engineering Solutions Private Limited - engineering in Panaji, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹42.63 Cr
▲ 24% YoY
Net profit · FY 2025
₹2.8 Cr
Net margin 6.6%
EBITDA · FY 2025
₹4.28 Cr
EBITDA margin 10%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.36 Lakh
Issued & subscribed
Open charges
₹99 Lakh
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
384
Provident fund records
About Speed Engineering Solutions Private Limited
Data last updated:
Speed Engineering Solutions Private Limited is a private limited company based in Panaji, Goa, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 16 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74210GA2006PTC004693. Its GSTIN is 30AAJCS9930M1ZY (Goa). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.36 Lakh. It is led by directors including Sandesh Sawant and Sheetalkumar Shamrao Patil.
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 B Naroo Harmony La Citadel Colony Dona Paula, Panaji, Goa, India – 403004.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.63 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 6.6%) and EBITDA of ₹4.28 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 53% over five years.
The company has about 384 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹99 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
Speed Engineering Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0025453). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speed-engineering.co.in.
Company details
CIN U74210GA2006PTC004693
Registration Number 004693
Incorporation Date 16 June 2006
ROC Goa
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-MH-26-0025453
Key People
Sandesh Sawant Director Sheetalkumar Shamrao Patil Director Pravin Ramachandra Gurav Director Recognitions & Rankings of Speed Engineering Solutions
Contact details
Speed Engineering Solutions Private Limited's registered office is in Panaji, Goa. Its website is speed-engineering.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB Naroo Harmony La Citadel Colony Dona Paula, Panaji, Goa, India – 403004
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Speed Engineering Solutions Private Limited, buy the company report.
Comprehensive company report
Speed Engineering Solutions 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 Speed Engineering Solutions 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 Speed Engineering Solutions Private Limited, buy the company report.
Financials of Speed Engineering Solutions Private Limited
FY 2025 filings availableSpeed Engineering Solutions Private Limited reported revenue of ₹42.63 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹42.63 Cr ▲ 24%
Net profit · FY 2025
₹2.8 Cr margin 6.6%
EBITDA · FY 2025
₹4.28 Cr margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 51%
5 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 42%
5 years · compounded
▲ 52%
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 24% growth in the latest year. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.8 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 6.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Speed Engineering Solutions Private Limited, buy the company report.
Board of directors of Speed Engineering Solutions Private Limited
Speed Engineering Solutions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandesh Sawant Also directs: Isrsd Innovations LLP | Director | 28 Jul 2018 | 8 Years 3 Months | Current |
| Sheetalkumar Shamrao Patil Also directs: Eruca Technologies Private Limited | Director | 15 Jan 2016 | 10 Years 9 Months | Current |
| Pravin Ramachandra Gurav Also directs: Isrsd Innovations LLP, Makspeed Technologies Private Limited | Director | 02 Apr 2016 | 10 Years 7 Months | Current |
Auditor
Speed Engineering Solutions Private Limited is audited by TEJAS SATHE & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEJAS SATHE & ASSOCIATES | FY 2021 | 139148W |
Shareholding
The shareholding of Speed Engineering Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Speed Engineering Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹99 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2019 | 100268654 | Hdfc Bank Limited | ₹99 Lakh | Open |
To see the full charge records of Speed Engineering Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Speed Engineering Solutions Private Limited has 3 court cases on record: 2 filed by Speed Engineering Solutions, 1 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Maks Energy Solutions India Limited Through Mr. Vishal Nadhe | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against Masks Energy Solution India Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against Masks Energy Solution India Pvt Ltd | Disposed |
To see the full case history of Speed Engineering Solutions 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 Speed Engineering Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Speed Engineering Solutions has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Makspeed Technologies Private Limited | U29309PN2019PTC187466 |
To see the full group structure of Speed Engineering Solutions Private Limited, buy the company report.
Employees & EPFO
Speed Engineering Solutions Private Limited has a workforce of 384 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
384
Active EPFO establishments
1
Employee growth
31.96%
GST
Speed Engineering Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAJCS9930M1ZY | Goa | Active | 01 Jul 2017 |
| 27AAJCS9930M1ZL | Maharashtra | Active | 15 Jul 2017 |
To see the full GST registrations and return filing status of Speed Engineering Solutions Private Limited, buy the company report.
Recent activity
Speed Engineering Solutions Private Limited has 9 board changes on record since 2006: 4 appointments and 5 cessations. The latest: Gandha Pravin Gurav ceased to be Director on 22 Jan 2025.
AGM
Speed Engineering Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Speed Engineering Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Gandha Pravin Gurav ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 99.00 Lakh registered on 10 Jun 2019 with Charge ID 100268654 was modified on 22 Apr 2022.
Ceased
Pravin Ramachandra Gurav ceased to be Whole-Time Director.
Ceased
Sheetalkumar Shamrao Patil ceased to be Whole-Time Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 99.00 Lakh with Charge ID 100268654 was registered on 10 Jun 2019.
Ceased
Sandesh Sawant ceased to be Additional Director.
Appointed
Sandesh Sawant was appointed as Director.
Ceased
Ashwini Sheetalkumar Patil ceased to be Director.
Appointed
Pravin Ramachandra Gurav was appointed as Director.
Appointed
Sheetalkumar Shamrao Patil was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Speed Engineering Solutions is an active private limited company based in Panaji, Goa, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 16 June 2006 (20+ years old) and is registered under CIN U74210GA2006PTC004693.
Speed Engineering Solutions has 3 current directors:
- Sandesh Sawant - Director
- Sheetalkumar Shamrao Patil - Director
- Pravin Ramachandra Gurav - Director
The latest financial statements of Speed Engineering Solutions 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 Speed Engineering Solutions is 30AAJCS9930M1ZY, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAJCS9930M1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Speed Engineering Solutions is U74210GA2006PTC004693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speed Engineering Solutions has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Speed Engineering Solutions was incorporated on 16 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Goa.
Gandha Pravin Gurav ceased to be Director on 22 Jan 2025. Pravin Ramachandra Gurav ceased to be Whole-Time Director on 27 Apr 2021. Sheetalkumar Shamrao Patil ceased to be Whole-Time Director on 27 Apr 2021. Speed Engineering Solutions has 9 board changes on record in total.
Yes, Speed Engineering Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0025453).
Speed Engineering Solutions can be reached through the website speed-engineering.co.in. Its registered office is in Panaji, Goa, India.
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