About Summit Engineering Technology Private Limited
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Summit Engineering Technology Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 07 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51500MH2002PTC134829. Its GSTIN is 27AAFCS9880C1Z1 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.2 Lakh. It is led by directors Ravi Shankar Vobbilisetty and Satyajit Abhaykumar Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 23 Group – II Summit House Sector – 4 Airoli, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.33 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹11.84 Lakh (net margin 2.7%) and EBITDA of ₹32.42 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹18 Lakh and satisfied charges of ₹18 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website summitengg.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB – 23 Group – II Summit House Sector – 4 Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Summit Engineering Technology Private Limited
The main business activity of Summit Engineering Technology is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Summit Engineering Technology Private Limited FY 2024 filings available
Summit Engineering Technology Private Limited reported revenue of ₹4.33 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Summit Engineering Technology Private Limited
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 40% 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 of Summit Engineering Technology Private Limited
| 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 | ₹32.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.84 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 of Summit Engineering Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Summit Engineering Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Summit Engineering Technology Private Limited
Summit Engineering Technology Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suvidha Auto Gas (India) Private Limited | ₹4.39 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Indore, Madhya Pradesh, India |
| Timing Minetech Private Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | •••• | Dadri, Uttar Pradesh, India | |
| Kimax Controls Private Limited | ₹4.35 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Systrol Engineering & Consultancy Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bengaluru, Karnataka, India |
| Citiart Private Limited | ₹4.33 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
| Summit Engineering Technology Private Limited this company | ₹4.33 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Chempes (India) Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Chennai, Tamil Nadu, India |
| 3D Multi Tech Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Firenet India Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Ahmedabad, Gujarat, India |
| SL Airtech Private Limited | ₹4.31 Cr (FY 2024) | •••• | •••• | 133.0% | •••• | Bangalore, Karnataka, India |
| Orion Technocrats Private Limited | ₹4.28 Cr (FY 2025) | •••• | •••• | 805.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Summit Engineering Technology by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Summit Engineering Technology Private Limited
Summit Engineering Technology Private Limited is audited by APMH & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| APMH & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Summit Engineering Technology Private Limited
Summit Engineering Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Shankar Vobbilisetty | Director | 07 Feb 2002 | 24 Years 8 Months | Current |
| Satyajit Abhaykumar Shah | Director | 07 Feb 2002 | 24 Years 8 Months | Current |
Ownership and Shareholding of Summit Engineering Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Summit Engineering Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2005 | Canara Bank | ₹15 Lakh | Satisfied |
| 24 Sep 2002 | Canara Bank | ₹3 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Summit Engineering Technology Private Limited
Employment history and EPFO contributions of people linked to Summit Engineering Technology.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Summit Engineering Technology Private Limited
Summit Engineering Technology has one previous CIN (Corporate Identification Number): U51500MH2004PTC134829. The current CIN is U51500MH2002PTC134829, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51500MH2002PTC134829 | Current |
| U51500MH2004PTC134829 | Previous |
Recent Activity on Summit Engineering Technology Private Limited
Summit Engineering Technology Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Ravi Shankar Vobbilisetty was appointed as Director on 07 Feb 2002.
Credit Ratings, Litigation & Regulatory Alerts for Summit Engineering Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Summit Engineering Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Summit Engineering Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Summit Engineering Technology Private Limited
Summit Engineering Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS9880C1Z1 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Summit Engineering Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Summit Engineering Technology Private Limited
Summit Engineering Technology is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 07 February 2002 (24+ years old) and is registered under CIN U51500MH2002PTC134829.
Summit Engineering Technology reported revenue of ₹4.33 Cr for FY 2025 (down 18% YoY).
Summit Engineering Technology has 2 current directors:
- Ravi Shankar Vobbilisetty - Director
- Satyajit Abhaykumar Shah - Director
Summit Engineering Technology reported a net profit of ₹11.84 Lakh (net margin 2.7%) and EBITDA of ₹32.42 Lakh (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Summit Engineering Technology is 4% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Summit Engineering Technology is 27AAFCS9880C1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Summit Engineering Technology is U51500MH2002PTC134829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Summit Engineering Technology was incorporated on 07 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Summit Engineering Technology by revenue are Suvidha Auto Gas (India) Private Limited, Timing Minetech Private Limited, Kimax Controls Private Limited, Systrol Engineering & Consultancy Private Limited, Citiart Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Ravi Shankar Vobbilisetty was appointed as Director on 07 Feb 2002. Satyajit Abhaykumar Shah was appointed as Director on 07 Feb 2002.
Summit Engineering Technology can be reached through the website summitengg.com. Its registered office is in Navi Mumbai, Maharashtra, India.