Startup India Government of India
Speed Mecotronix Private Limited - environment in Sengottai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.74 Cr
▲ 80% YoY
Net profit · FY 2024
₹2.54 Cr
Net margin 10.7%
EBITDA · FY 2024
₹4.48 Cr
EBITDA margin 18.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹3.59 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
120
Provident fund records
About Speed Mecotronix Private Limited
Data last updated:
Speed Mecotronix Private Limited is a private limited company based in Sengottai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 14 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40106TN2020PTC140089. Its GSTIN is 33ABFCS0921F1ZS (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Periyasamy Muthuraj (Managing Director) and Jayendran.
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 Sengottai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.74 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹2.54 Cr (net margin 10.7%) and EBITDA of ₹4.48 Cr (EBITDA margin 18.9%).
The company has about 120 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Speed Team Wind Tech. As per MCA filings, the company has open charges of ₹3.59 Cr on record.
Speed Mecotronix Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-18-0006376). For more details, the company can be reached via its website speedteam.in.
Company details
CIN U40106TN2020PTC140089
Registration Number 140089
Incorporation Date 14 December 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-18-0006376
Recognitions & Rankings of Speed Mecotronix
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-18-0006376
Contact details
Speed Mecotronix Private Limited's registered office is in Sengottai, Tamil Nadu. Its website is speedteam.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.2/7/88/1 Vijaya Nagar, Elathur To Tenkasi Main Road, Sengottai, Tamil Nadu, India – 627803
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Speed Mecotronix Private Limited, buy the company report.
Comprehensive company report
Speed Mecotronix 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Speed Mecotronix operates one associated brand: Speed Team Wind Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides full-service solutions in the wind energy sector. | speedteam.in |
Business activity
The main business activity of Speed Mecotronix is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Speed Mecotronix Private Limited, buy the company report.
Financials of Speed Mecotronix Private Limited
FY 2025 filings availableSpeed Mecotronix Private Limited reported revenue of ₹23.74 Cr (up 80% YoY) for FY 2024.
Revenue · FY 2024
₹23.74 Cr ▲ 80%
Net profit · FY 2024
₹2.54 Cr margin 10.7%
EBITDA · FY 2024
₹4.48 Cr margin 18.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 80%
Revenue rose 80% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹4.48 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.54 Cr | |||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 18.9% | |||
| Net Profit Margin | 10.7% | |||
| 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 | ||||
To see the full financial statements and ratios of Speed Mecotronix Private Limited, buy the company report.
Board of directors of Speed Mecotronix Private Limited
Speed Mecotronix has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayendran Also directs: Speed Boomi Promoters LLP, Enlink Energies Private Limited, Wandse Solutions India Private Limited and 4 more | Director | 14 Dec 2020 | 5 Years 10 Months | Current |
| Periyasamy Muthuraj Also directs: Speed Boomi Promoters LLP, Enlink Energies Private Limited, Wandse Solutions India Private Limited and 4 more | Managing Director | 14 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Speed Mecotronix Private Limited is compared with the 9 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KN Muddebihal Solar Energy Private Limited | ₹23.95 Cr (FY 2023) | 44.0% | Ahmedabad, Gujarat, India | |||
| Belgaum Renewable Energy Private Limited | ₹23.95 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Lone Cypress Ventures Private Limited | ₹23.9 Cr (FY 2025) | 2.0% | Noida, Uttar Pradesh, India | |||
| Talf Solar India Private Limited | ₹23.83 Cr (FY 2025) | 275.0% | New Delhi, Delhi, India | |||
| Speed Mecotronix Private Limitedthis company | ₹23.74 Cr (FY 2024) | ₹2.54 Cr | 10.7% | 80.0% | 120 | Sengottai, Tamil Nadu, India |
| Mi Mysolar24 Private Limited | ₹23.57 Cr (FY 2023) | 7.0% | Mumbai, Maharashtra, India | |||
| Walwhan Solar Ka Limited | ₹23.54 Cr (FY 2024) | 2.0% | Mumbai, Maharashtra, India | |||
| Sei Sooraj Renewable Energy Private Limited | ₹23.52 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Dreisatz Mysolar24 Private Limited | ₹23.4 Cr (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Sei Sunshine Power Private Limited | ₹23.12 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Speed Mecotronix Private Limited, buy the company report.
Auditor
Speed Mecotronix Private Limited is audited by CLEMENTSIMMANUELCLEMENTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CLEMENTSIMMANUELCLEMENTS | FY 2023 | 204464 |
Shareholding
The shareholding of Speed Mecotronix Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Speed Mecotronix Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.59 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2024 | 100965052 | Axis Bank Limited | ₹30 Lakh | Open | |
| 02 Jan 2024 | 100858588 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 04 Oct 2023 | 100848320 | Others | ₹9.7 Lakh | Open | |
| 16 Sep 2023 | 100841849 | Others | ₹9.7 Lakh | Open | |
| 09 Mar 2023 | 100721414 | Hdfc Bank Limited | ₹1.09 Cr | Open |
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Speed Mecotronix 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 Speed Mecotronix Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Speed Mecotronix Private Limited has a workforce of 120 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
120
Active EPFO establishments
1
Employee growth
21.21%
GST
Speed Mecotronix has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABFCS0921F1ZS | Tamil Nadu | Active | 01 Feb 2021 |
To see the full GST registrations and return filing status of Speed Mecotronix Private Limited, buy the company report.
Recent activity
Speed Mecotronix Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Subbulakshmi ceased to be Director on 01 Dec 2021.
AGM
Speed Mecotronix Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Speed Mecotronix Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100965052 was registered on 22 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100858588 was registered on 02 Jan 2024.
Charges
A charge with Others amounted to Rs. 9.70 Lakh with Charge ID 100848320 was registered on 04 Oct 2023.
Charges
A charge with Others amounted to Rs. 9.70 Lakh with Charge ID 100841849 was registered on 16 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 109.44 Lakh with Charge ID 100721414 was registered on 09 Mar 2023.
Ceased
Subbulakshmi ceased to be Director.
Ceased
Ulagammal ceased to be Director.
Appointed
Jayendran was appointed as Director.
Appointed
Periyasamy Muthuraj was appointed as Managing Director.
Appointed
Subbulakshmi was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Speed Mecotronix is an active private limited company based in Sengottai, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 14 December 2020 (6+ years old) and is registered under CIN U40106TN2020PTC140089.
Speed Mecotronix has 2 current directors:
- Periyasamy Muthuraj - Managing Director
- Jayendran - Director
The latest financial statements of Speed Mecotronix 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 FY 2021 are in the company report.
The GSTIN of Speed Mecotronix is 33ABFCS0921F1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Speed Mecotronix is U40106TN2020PTC140089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speed Mecotronix was incorporated on 14 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Speed Mecotronix by revenue are KN Muddebihal Solar Energy Private Limited, Belgaum Renewable Energy Private Limited, Lone Cypress Ventures Private Limited, Talf Solar India Private Limited, Mi Mysolar24 Private Limited and 4 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Subbulakshmi ceased to be Director on 01 Dec 2021. Ulagammal ceased to be Director on 01 Dec 2021. Jayendran was appointed as Director on 14 Dec 2020. Speed Mecotronix has 6 board changes on record in total.
Yes, Speed Mecotronix is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Speed Mecotronix is registered as a small enterprise under Udyam registration (number: UDYAM-TN-18-0006376).
Speed Mecotronix can be reached through the website speedteam.in. Its registered office is in Sengottai, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages