Speedage Engineers (India) Private Limited

Speedage Engineers (India) Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U32200MH1994PTC078665 Incorporated 30 May 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2025
₹6.97 Cr
▲ 13% YoY
Net profit · FY 2025
₹1.09 Cr
Net margin 15.7%
EBITDA · FY 2025
₹1.48 Cr
EBITDA margin 21.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.88 Lakh
Issued & subscribed
Satisfied charges
₹5 Lakh
No open charges
Company age
32 yrs
Est. 1994
Employees · EPFO
17
Provident fund records

About Speedage Engineers (India) Private Limited

Data last updated:

Speedage Engineers (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 30 May 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32200MH1994PTC078665. Its GSTIN is 27AAACT8980H1ZW (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.88 Lakh. It is led by directors including Jagdish Raichandani and Kanahiyalal Ramchand Dewani.

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 C 15 Nand Jyot Ind Estate Safed Pool Sakinaka Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400072.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.97 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 15.7%) and EBITDA of ₹1.48 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Speedage Engineers. As per MCA filings, the company has satisfied charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.

Speedage Engineers (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0002531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speedageengineers.com.

Company details

CIN U32200MH1994PTC078665
Registration Number 078665
Incorporation Date 30 May 1994
ROC Mumbai
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-DL-09-0002531

Recognitions & Rankings of Speedage Engineers (India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-09-0002531

Contact details

Speedage Engineers (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is speedageengineers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C 15 Nand Jyot Ind Estate Safed Pool Sakinaka Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400072
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Speedage Engineers (India) Private Limited, buy the company report.

Comprehensive company report
Speedage Engineers (India) 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

Speedage Engineers (India) operates one associated brand: Speedage Engineers. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of control gear equipment and electrical resistances in India.speedageengineers.com

Business activity

The main business activity of Speedage Engineers (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Speedage Engineers (India) Private Limited, buy the company report.

Financials of Speedage Engineers (India) Private Limited

FY 2025 filings available

Speedage Engineers (India) Private Limited reported revenue of ₹6.97 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹6.97 Cr ▲ 13%
Net profit · FY 2025
₹1.09 Cr margin 15.7%
EBITDA · FY 2025
₹1.48 Cr margin 21.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 11%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 7%
5 years · compounded
▲ 22%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 11% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.09 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin21.2%
Net Profit Margin15.7%
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 Speedage Engineers (India) Private Limited, buy the company report.

Board of directors of Speedage Engineers (India) Private Limited

Speedage Engineers (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jagdish RaichandaniDirector07 Dec 199431 Years 10 MonthsCurrent
Kanahiyalal Ramchand DewaniDirector13 Dec 20241 Years 10 MonthsCurrent
Vinay Kanahiyalal DewaniDirector05 Apr 20188 Years 6 MonthsCurrent

Peer comparison

Speedage Engineers (India) Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ven Transformers Techniques Private Limited₹7 Cr (FY 2025)3476.0%Hyderabad, Telangana, India
Yokins Instruments Private Limited₹6.98 Cr (FY 2024)-23.0%Delhi, India
Speedage Engineers (India) Private Limitedthis company₹6.97 Cr (FY 2025)₹1.09 Cr15.7%13.0%17Mumbai, Maharashtra, India
Step-Up Electricals Private Limited₹6.96 Cr (FY 2024)35.0%Pune, Maharashtra, India
Conergy Energy Systems (India) Private Limited₹6.95 Cr (FY 2016)68.0%Bangalore, Karnataka, India
Sirio India Inductive Components Private Limited₹6.95 Cr (FY 2024)-28.0%Delhi, India

To see the full peer comparison of Speedage Engineers (India) Private Limited, buy the company report.

Auditor

Speedage Engineers (India) Private Limited is audited by R C S & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
R C S & ASSOCIATESFY 2019124285W

Shareholding

The shareholding of Speedage Engineers (India) 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 categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Speedage Engineers (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹5 Lakh
Breakdown by lending institutions
Bank of India₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 May 199990157173Bank of India₹5 LakhSatisfied

To see the full charge records of Speedage Engineers (India) Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Speedage Engineers (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Speedage Engineers (India) Private Limited has a workforce of 17 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
17
Active EPFO establishments
1

GST

Speedage Engineers (India) has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACT8980H1ZWMaharashtraActive01 Jul 2017
07AAECS1425Q1Z2DelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Speedage Engineers (India) Private Limited, buy the company report.

Recent activity

Speedage Engineers (India) Private Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Kanahiyalal Ramchand Dewani was appointed as Director on 13 Dec 2024.

AGM
Speedage Engineers (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Speedage Engineers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Kanahiyalal Ramchand Dewani was appointed as Director.
Ceased
Jagdish Raichandani ceased to be Managing Director.
Charges
A charge registered on 18 May 1999 via Charge ID 90157173 with Bank Of India was fully satisfied on 11 Nov 2019.
Ceased
Kanahiyalal Ramchand Dewani ceased to be Director.
Appointed
Vinay Kanahiyalal Dewani was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 5.00 Lakh with Charge ID 90157173 was registered on 18 May 1999.
Appointed
Jagdish Raichandani was appointed as Director.
Incorporation
30 May 1994
Speedage Engineers (India) Private Limited was registered on 30 May 1994 with Roc Mumbai & aged 32 years 4 months as per MCA records.

Frequently asked questions

Speedage Engineers (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 30 May 1994 (32+ years old) and is registered under CIN U32200MH1994PTC078665.

Speedage Engineers (India) has 3 current directors:

The latest financial statements of Speedage Engineers (India) 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 Speedage Engineers (India) is 27AAACT8980H1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAECS1425Q1Z2 (Delhi).

The CIN (Corporate Identification Number) of Speedage Engineers (India) is U32200MH1994PTC078665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Speedage Engineers (India) has 1 court case on record: 1 filed by the company.

Speedage Engineers (India) was incorporated on 30 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Speedage Engineers (India) by revenue are Ven Transformers Techniques Private Limited, Yokins Instruments Private Limited, Step-Up Electricals Private Limited, Conergy Energy Systems (India) Private Limited, Sirio India Inductive Components Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Kanahiyalal Ramchand Dewani was appointed as Director on 13 Dec 2024. Jagdish Raichandani ceased to be Managing Director on 31 Dec 2020. Kanahiyalal Ramchand Dewani ceased to be Director on 20 Mar 2019. Speedage Engineers (India) has 5 board changes on record in total.

Yes, Speedage Engineers (India) is registered as a small enterprise under Udyam registration (number: UDYAM-DL-09-0002531).

Speedage Engineers (India) can be reached through the website speedageengineers.com. Its registered office is in Mumbai, Maharashtra, India.