MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0007773
Sumip Composites Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹104.29 Cr
▲ 23% YoY
Net profit · FY 2025
₹14.2 Cr
Net margin 13.6%
EBITDA · FY 2025
₹24.8 Cr
EBITDA margin 23.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.68 Cr
Issued & subscribed
Open charges
₹101.58 Cr
Satisfied ₹40.95 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
75
Provident fund records
About Sumip Composites Private Limited
Data last updated:
Sumip Composites Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1997PTC033476. Its GSTIN is 24AADCS3745G1ZH (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.68 Cr. It is led by directors including Mitesh Narendrabhai Shah (Managing Director) and Pulinbhai Narendrabhai 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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.29 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹14.2 Cr (net margin 13.6%) and EBITDA of ₹24.8 Cr (EBITDA margin 23.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 8% over five years.
The company has about 75 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹101.58 Cr and satisfied charges of ₹40.95 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in September 2025. Its 3 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Alfa Therm Limited with revenue of ₹105.16 Cr.
Sumip Composites Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0007773). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sumip.com.
Company details
CIN U72200GJ1997PTC033476
Registration Number 033476
Incorporation Date 23 December 1997
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 Medium
Udyam Registration UDYAM-GJ-01-0007773
Key People
Mitesh Narendrabhai Shah Managing Director Pulinbhai Narendrabhai Shah Director Suhrud Narendra Shah Director Recognitions & Rankings of Sumip Composites
Contact details
Sumip Composites Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sumip.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.1 – 5 Survey No.376/377P/295P Panchratna Ind Estate Changodar Sarkhej Bavla Road T, A: Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Sumip Composites Private Limited, buy the company report.
Comprehensive company report
Sumip Composites 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 Sumip Composites is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sumip Composites Private Limited, buy the company report.
Financials of Sumip Composites Private Limited
FY 2025 filings availableSumip Composites Private Limited reported revenue of ₹104.29 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹104.29 Cr ▲ 23%
Net profit · FY 2025
₹14.2 Cr margin 13.6%
EBITDA · FY 2025
₹24.8 Cr margin 23.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 28%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 50%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 23% growth in the latest year. EBITDA rose 27% 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 |
|---|---|---|---|---|---|
| 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 | ₹24.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.2 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.8% | ||||
| Net Profit Margin | 13.6% | ||||
| 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 Sumip Composites Private Limited, buy the company report.
Board of directors of Sumip Composites Private Limited
Sumip Composites has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Narendrabhai Shah | Managing Director | 23 Dec 1997 | 28 Years 10 Months | Current |
| Pulinbhai Narendrabhai Shah | Director | 23 Dec 1997 | 28 Years 10 Months | Current |
| Suhrud Narendra Shah Also directs: Skalos Industries Private Limited | Director | 01 May 2006 | 20 Years 6 Months | Current |
Peer comparison
Sumip Composites Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alfa Therm Limited | ₹105.16 Cr (FY 2024) | 39.0% | New Delhi, Delhi, India | |||
| Sumip Composites Private Limitedthis company | ₹104.29 Cr (FY 2025) | ₹14.2 Cr | 13.6% | 23.0% | 75 | Ahmedabad, Gujarat, India |
| Techflow Enterprises Private Limited | ₹104.19 Cr (FY 2025) | 14.0% | Kubadthal Village, Gujarat, India | |||
| Victor Reinz India Private Limited | ₹102.92 Cr (FY 2025) | 10.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sumip Composites Private Limited, buy the company report.
Auditor
Sumip Composites Private Limited is audited by S. J. PATHAK & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. J. PATHAK & CO. | FY 2023 | 016771 |
Shareholding
The shareholding of Sumip Composites Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Sumip Composites Private Limited, buy the company report.
Charges & borrowings
Open charges
₹101.58 Cr
Satisfied charges
₹40.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101079851 | Others | ₹1.25 Cr | Open | |
| 22 Jun 2022 | 100590881 | Hdfc Bank Limited | ₹28.98 Cr | Open | |
| 15 May 2021 | 100448750 | Hdfc Bank Limited | ₹10.05 Lakh | Open | |
| 20 Feb 2020 | 100327070 | Axis Bank Limited | ₹88.15 Lakh | Open | |
| 30 Jun 2018 | 100202831 | Hdfc Bank Limited | ₹70.37 Cr | Open |
To see the full charge records of Sumip Composites Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Sumip Composites Private Limited has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in September 2025.
Total deals
6
Secondary share transfers
4
Rights issues
2
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Narendra S Shah HUF, an individual |
| Oct 2019 | Rights issue | ₹97.5 Lakh | Investors: 4 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2014 | Rights issue | ₹56.2 Lakh | Investors: 4 individuals |
To see the full deal history of Sumip Composites Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sumip Composites Private Limited has 1 court case on record: 1 filed by Sumip Composites. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against M/S Hettal Engineers and 1 other | Disposed |
To see the full case history of Sumip Composites 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.
Credit ratings & regulatory alerts
Sumip Composites Private Limited was last rated by Crisil on 30 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jan 2020 |
To see the full credit ratings and regulatory alerts of Sumip Composites Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sumip Composites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sumip Composites Private Limited has a workforce of 75 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
75
Active EPFO establishments
1
Employee growth
-1.32%
GST
Sumip Composites has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3745G1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sumip Composites Private Limited, buy the company report.
Recent activity
Sumip Composites Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Narendra Sakarchand Shah ceased to be Director on 22 Sep 2017.
AGM
Sumip Composites Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 70.37 Cr registered on 30 Jun 2018 with Charge ID 100202831 was modified on 30 Sep 2025.
Charges
A charge registered on 01 Nov 2023 via Charge ID 100819376 with Hdfc Bank Limited was fully satisfied on 10 Jun 2025.
Filing
Sumip Composites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 101079851 was registered on 29 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 28.98 Cr registered on 22 Jun 2022 with Charge ID 100590881 was modified on 29 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100819376 was registered on 01 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.98 Cr with Charge ID 100590881 was registered on 22 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100448750 was registered on 15 May 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.88 Cr with Charge ID 100327070 was registered on 20 Feb 2020.
Charges
A charge registered on 13 Jan 2011 via Charge ID 10269024 with Bank Of India was fully satisfied on 04 Feb 2019.
Charges
A charge registered on 03 Jul 2014 via Charge ID 10508017 with Bank Of India was fully satisfied on 06 Oct 2018.
34 earlier events are in the company report.
Frequently asked questions
Sumip Composites is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 December 1997 (29+ years old) and is registered under CIN U72200GJ1997PTC033476.
Sumip Composites has 3 current directors:
- Mitesh Narendrabhai Shah - Managing Director
- Pulinbhai Narendrabhai Shah - Director
- Suhrud Narendra Shah - Director
The latest financial statements of Sumip Composites 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 Sumip Composites is 24AADCS3745G1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Sumip Composites is U72200GJ1997PTC033476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumip Composites has 1 court case on record: 1 filed by the company.
Sumip Composites was incorporated on 23 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sumip Composites has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in September 2025.
The peers of Sumip Composites by revenue are Alfa Therm Limited, Techflow Enterprises Private Limited, Victor Reinz India Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Narendra Sakarchand Shah ceased to be Director on 22 Sep 2017. Suhrud Narendra Shah was appointed as Director on 01 May 2006. Mitesh Narendrabhai Shah was appointed as Managing Director on 23 Dec 1997. Sumip Composites has 4 board changes on record in total.
Yes, Sumip Composites is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0007773).
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