MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0055689
Steelart Engineering Pvt Ltd - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.39 Cr
▼ 7% YoY
Net profit · FY 2024
₹48.74 Lakh
Net margin 3.6%
EBITDA · FY 2024
₹71.84 Lakh
EBITDA margin 5.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹92.5 Lakh
Satisfied ₹26.5 Lakh
Company age
31 yrs
Est. 1995
Directors on board
4
As per MCA filings
About Steelart Engineering Pvt Ltd
Data last updated:
Steelart Engineering Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 15 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ1995PTC028457. Its GSTIN is 24AAFCS7015K1ZB (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Priyanka Jagdishkumar Panchal and Kishan Pareshkumar Panchal.
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 115 Moonlight Complex Opp:Gurukul Memnagar, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.39 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹48.74 Lakh (net margin 3.6%) and EBITDA of ₹71.84 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years and 32% over five years.
The company is associated with 1 brand: Steelart Engineering. As per MCA filings, the company has open charges of ₹92.5 Lakh and satisfied charges of ₹26.5 Lakh on record.
Steelart Engineering Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0055689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steelartengineering.com.
Company details
CIN U28999GJ1995PTC028457
Registration Number 028457
Incorporation Date 15 December 1995
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-01-0055689
Key People
Priyanka Jagdishkumar Panchal Director Kishan Pareshkumar Panchal Director Jahnvee Sanjay Panchal Director Recognitions & Rankings of Steelart Engineering
Contact details
Steelart Engineering Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is steelartengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address115 Moonlight Complex Opp:Gurukul Memnagar, Ahmedabad, Gujarat, India – 380052
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Steelart Engineering Pvt Ltd, buy the company report.
Comprehensive company report
Steelart Engineering Pvt Ltd - 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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Brands
Steelart Engineering operates one associated brand: Steelart Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Heavy fabrication and engineering services in India. | steelartengineering.com |
Business activity
The main business activity of Steelart Engineering is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Steelart Engineering Pvt Ltd, buy the company report.
Financials of Steelart Engineering Pvt Ltd
FY 2025 filings availableSteelart Engineering Pvt Ltd reported revenue of ₹13.39 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹13.39 Cr ▼ 7%
Net profit · FY 2024
₹48.74 Lakh margin 3.6%
EBITDA · FY 2024
₹71.84 Lakh margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 93%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 117%
5 years · compounded
▲ 61%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA rose 29% 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 |
|---|---|---|---|---|---|
| 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 | ₹71.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.74 Lakh | ||||
| 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Steelart Engineering Pvt Ltd, buy the company report.
Board of directors of Steelart Engineering Pvt Ltd
Steelart Engineering has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Jagdishkumar Panchal | Director | 18 Jan 2018 | 8 Years 9 Months | Current |
| Kishan Pareshkumar Panchal Also directs: Steelart Projects LLP | Director | 18 Jan 2018 | 8 Years 9 Months | Current |
| Jahnvee Sanjay Panchal | Director | 02 Jul 2018 | 8 Years 4 Months | Current |
| Jagdishbhai Budheshbhai Panchal Also directs: Steelart Projects LLP | Director | 15 Dec 1995 | 30 Years 10 Months | Current |
Auditor
Steelart Engineering Pvt Ltd is audited by DARSHAN M PANCHAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DARSHAN M PANCHAL & ASSOCIATES | FY 2022 | 140220 |
Shareholding
The shareholding of Steelart Engineering Pvt Ltd 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 Steelart Engineering Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹92.5 Lakh
Satisfied charges
₹26.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2024 | 100957638 | Others | ₹20 Lakh | Open | |
| 23 Oct 2023 | 100817415 | Others | ₹12.5 Lakh | Open | |
| 19 Feb 2020 | 100339480 | Others | ₹60 Lakh | Open | |
| 16 Dec 2003 | 80031154 | Indian Overseas Bank | ₹26.5 Lakh | Satisfied |
To see the full charge records of Steelart Engineering Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Steelart Engineering Pvt Ltd 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 Steelart Engineering Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Steelart Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCS7015K1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Steelart Engineering Pvt Ltd, buy the company report.
Recent activity
Steelart Engineering Pvt Ltd has 10 board changes on record since 1995: 4 appointments and 6 cessations. The latest: Jahnvee Sanjay Panchal ceased to be Additional Director on 30 Sep 2018.
Charges
A charge with Others of Rs. 60.00 Lakh registered on 19 Feb 2020 with Charge ID 100339480 was modified on 03 Dec 2025.
AGM
Steelart Engineering Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Steelart Engineering Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100957638 was registered on 15 Jul 2024.
Charges
A charge with Others amounted to Rs. 12.50 Lakh with Charge ID 100817415 was registered on 23 Oct 2023.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100339480 was registered on 19 Feb 2020.
Ceased
Jahnvee Sanjay Panchal ceased to be Additional Director.
Ceased
Kishan Pareshkumar Panchal ceased to be Additional Director.
Ceased
Priyanka Jagdishkumar Panchal ceased to be Additional Director.
Appointed
Jahnvee Sanjay Panchal was appointed as Director.
Ceased
Pareshbhai Budheshbhai Panchal ceased to be Director.
Appointed
Kishan Pareshkumar Panchal was appointed as Director.
8 earlier events are in the company report.
Frequently asked questions
Steelart Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 15 December 1995 (31+ years old) and is registered under CIN U28999GJ1995PTC028457.
Steelart Engineering has 4 current directors:
- Priyanka Jagdishkumar Panchal - Director
- Kishan Pareshkumar Panchal - Director
- Jahnvee Sanjay Panchal - Director
- Jagdishbhai Budheshbhai Panchal - Director
The latest financial statements of Steelart Engineering 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 Steelart Engineering is 24AAFCS7015K1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Steelart Engineering is U28999GJ1995PTC028457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steelart Engineering was incorporated on 15 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jahnvee Sanjay Panchal ceased to be Additional Director on 30 Sep 2018. Kishan Pareshkumar Panchal ceased to be Additional Director on 30 Sep 2018. Priyanka Jagdishkumar Panchal ceased to be Additional Director on 30 Sep 2018. Steelart Engineering has 10 board changes on record in total.
Yes, Steelart Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0055689).
Steelart Engineering can be reached through the website steelartengineering.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Steelart Engineering is at 115 Moonlight Complex Opp:Gurukul Memnagar, Ahmedabad, Gujarat, India – 380052.
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