Sunit Concranes Private Limited

Sunit Concranes Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U29309PN2016PTC167508 Incorporated 15 December 2016 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company machinery and equipment DPIIT Startup MSME
Data last updated
Revenue · FY 2024
₹14.9 Cr
▲ 182% YoY
Net profit · FY 2024
₹1.8 Cr
Net margin 12.1%
EBITDA · FY 2024
₹3.26 Cr
EBITDA margin 21.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.17 Cr
Issued & subscribed
Open charges
₹10.53 Cr
Satisfied ₹4.9 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
15
Provident fund records

About Sunit Concranes Private Limited

Data last updated:

Sunit Concranes Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 15 December 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2016PTC167508. Its GSTIN is 27AAYCS2169R1Z3 (Maharashtra).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.17 Cr. It is led by directors Pragati Sujit Kulkarni and Pramod Vasantarao Deshpande.

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 Gat No. 304 Ghotawade Phata Shivshakti Chowk Kasar Amboli Pirangut Taluka Mulshi, Pune, Maharashtra, India – 412115.

As per the financials filed for FY 2024, the company reported a revenue of ₹14.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 12.1%) and EBITDA of ₹3.26 Cr (EBITDA margin 21.9%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 7% over five years.

The company has about 15 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sunit Concranes. As per MCA filings, the company has open charges of ₹10.53 Cr and satisfied charges of ₹4.9 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 5 cases are pending.

Sunit Concranes Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0084044). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunitconcranes.com.

Company details

CIN U29309PN2016PTC167508
Registration Number 167508
Incorporation Date 15 December 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0084044

Recognitions & Rankings of Sunit Concranes

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-26-0084044

Contact details

Sunit Concranes Private Limited's registered office is in Pune, Maharashtra. Its website is sunitconcranes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Gat No. 304 Ghotawade Phata Shivshakti Chowk Kasar Amboli Pirangut Taluka Mulshi, Pune, Maharashtra, India – 412115
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Sunit Concranes Private Limited, buy the company report.

Comprehensive company report
Sunit Concranes 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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Brands

Sunit Concranes operates one associated brand: Sunit Concranes. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of conveyors and material handling systems in India.sunitconcranes.com

Business activity

The main business activity of Sunit Concranes 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 Sunit Concranes Private Limited, buy the company report.

Financials of Sunit Concranes Private Limited

FY 2024 filings available

Sunit Concranes Private Limited reported revenue of ₹14.9 Cr (up 182% YoY) for FY 2024.

Revenue · FY 2024
₹14.9 Cr ▲ 182%
Net profit · FY 2024
₹1.8 Cr margin 12.1%
EBITDA · FY 2024
₹3.26 Cr margin 21.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 182%
3 years · compounded
▲ 77%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 157%
3 years · compounded
▲ 78%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 182% growth in the latest year. EBITDA rose 157% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.26 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.8 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin21.9%
Net Profit Margin12.1%
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 Sunit Concranes Private Limited, buy the company report.

Board of directors of Sunit Concranes Private Limited

Sunit Concranes has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pragati Sujit KulkarniDirector15 Dec 20169 Years 10 MonthsCurrent
Pramod Vasantarao DeshpandeDirector28 Dec 20205 Years 10 MonthsCurrent

Peer comparison

Sunit Concranes Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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
Rank Cranes Private Limited₹15.12 Cr (FY 2024)-15.0%Hyderabad, Telangana, India
Cranesmith Services Private Limited₹15.07 Cr (FY 2025)434.0%Sriperumbudur, Tamil Nadu, India
Samrudhi Fab Tech Engineering Private Limited₹15.06 Cr (FY 2024)-26.0%Pune, Maharashtra, India
Sunit Concranes Private Limitedthis company₹14.9 Cr (FY 2024)₹1.8 Cr12.1%182.0%15Pune, Maharashtra, India
Carrymore Hoists Private Limited₹14.8 Cr (FY 2025)0.0%Palwal, Haryana, India

To see the full peer comparison of Sunit Concranes Private Limited, buy the company report.

Auditor

Sunit Concranes Private Limited is audited by NERLIKAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NERLIKAR & ASSOCIATESFY 2023113837W

Shareholding

The shareholding of Sunit Concranes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Sunit Concranes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.53 Cr
Satisfied charges
₹4.9 Cr
Breakdown by lending institutions
Others₹8.20 Cr
Canara Bank₹2.33 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Jun 2020100346151Canara Bank₹2.33 CrOpen
31 Oct 2018100228886Others₹8.2 CrOpen
16 Jan 2018100150973Others₹4.9 CrSatisfied

To see the full charge records of Sunit Concranes Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sunit Concranes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Sunit Concranes Private Limited has a workforce of 15 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
15
Active EPFO establishments
1
Employee growth
650%

GST

Sunit Concranes has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAYCS2169R1Z3MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Sunit Concranes Private Limited, buy the company report.

Recent activity

Sunit Concranes Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Satyendra Kumar Shukla ceased to be Whole-Time Director on 12 Nov 2021.

AGM
Sunit Concranes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 8.20 Cr registered on 31 Oct 2018 with Charge ID 100228886 was modified on 03 Jun 2024.
Filing
Sunit Concranes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Satyendra Kumar Shukla ceased to be Whole-Time Director.
Ceased
Vishvajit Sharad Gosavi ceased to be Whole-Time Director.
Appointed
Pramod Vasantarao Deshpande was appointed as Director.
Charges
A charge with Canara Bank of Rs. 2.33 Cr registered on 19 Jun 2020 with Charge ID 100346151 was modified on 31 Jul 2020.
Charges
A charge with Canara Bank amounted to Rs. 2.33 Cr with Charge ID 100346151 was registered on 19 Jun 2020.
Ceased
Nileshsingh Jitendrasingh Varma ceased to be Whole-Time Director.
Charges
A charge registered on 16 Jan 2018 via Charge ID 100150973 with Others was fully satisfied on 01 Nov 2018.
Charges
A charge with Others amounted to Rs. 8.20 Cr with Charge ID 100228886 was registered on 31 Oct 2018.
Charges
A charge with Others amounted to Rs. 4.90 Cr with Charge ID 100150973 was registered on 16 Jan 2018.

3 earlier events are in the company report.

Frequently asked questions

Sunit Concranes is an active private limited company based in Pune, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 15 December 2016 (10+ years old) and is registered under CIN U29309PN2016PTC167508.

Sunit Concranes has 2 current directors:

The latest financial statements of Sunit Concranes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Sunit Concranes is 27AAYCS2169R1Z3, registered in Maharashtra.

The CIN (Corporate Identification Number) of Sunit Concranes is U29309PN2016PTC167508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sunit Concranes has 11 court cases on record: 2 filed by the company and 9 filed against it. 5 are pending.

Sunit Concranes was incorporated on 15 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Sunit Concranes by revenue are Rank Cranes Private Limited, Cranesmith Services Private Limited, Samrudhi Fab Tech Engineering Private Limited, Carrymore Hoists Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Satyendra Kumar Shukla ceased to be Whole-Time Director on 12 Nov 2021. Vishvajit Sharad Gosavi ceased to be Whole-Time Director on 01 Apr 2021. Pramod Vasantarao Deshpande was appointed as Director on 28 Dec 2020. Sunit Concranes has 6 board changes on record in total.

Yes, Sunit Concranes is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Sunit Concranes is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0084044).