About Sunshine Hydraulics India Private Limited
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Sunshine Hydraulics India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2017PTC097364. Its GSTIN is 24AAYCS6677A1ZV (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.84 Lakh. It is led by directors Umesh Virchanddas Panchal and Sonalben Umeshbhai Panchal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 107 Tirth Bhumi Industrial Park Opp Gopal Estate Bakrol – Bujrang, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.41 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹5.27 Lakh (net margin 0.7%) and EBITDA of ₹16.56 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹3.42 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunshinehydraulics.com.
Company details
Contact details
Sunshine Hydraulics India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sunshinehydraulics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address107 Tirth Bhumi Industrial Park Opp Gopal Estate Bakrol – Bujrang, Ahmedabad, Gujarat, India – 382210
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Sunshine Hydraulics India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Sunshine Hydraulics India 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 Sunshine Hydraulics India Private Limited, buy the company report.
Financials of Sunshine Hydraulics India Private Limited
FY 2023 filings availableSunshine Hydraulics India Private Limited reported revenue of ₹7.41 Cr (up 75% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 75% growth in the latest year. EBITDA rose 15% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹16.56 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sunshine Hydraulics India Private Limited, buy the company report.
Board of directors of Sunshine Hydraulics India Private Limited
Sunshine Hydraulics India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Virchanddas Panchal | Director | 17 May 2017 | 9 Years 5 Months | Current |
| Sonalben Umeshbhai Panchal | Director | 17 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Sunshine Hydraulics India Private Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tekfrens Engineers Pvt Ltd | ₹7.41 Cr (FY 2025) | 64.0% | Mumbai, Maharashtra, India | |||
| Sunshine Hydraulics India Private Limitedthis company | ₹7.41 Cr (FY 2023) | ₹5.27 Lakh | 0.7% | 75.0% | Ahmedabad, Gujarat, India | |
| Macro Tech Equipment Private Limited | ₹7.32 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Jet Lifts Private Limited | ₹7.15 Cr (FY 2025) | 15.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sunshine Hydraulics India Private Limited, buy the company report.
Auditor
Sunshine Hydraulics India Private Limited is audited by P CHHAJED AND CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P CHHAJED AND CO LLP | FY 2021 | W100252 |
Shareholding
The shareholding of Sunshine Hydraulics India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sunshine Hydraulics India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2023 | 100803511 | Others | ₹2.79 Cr | Open | |
| 21 Aug 2017 | 100121382 | Others | ₹63 Lakh | Open |
To see the full charge records of Sunshine Hydraulics India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sunshine Hydraulics India Private Limited has 11 court cases on record: 11 filed against it. 8 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 8 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Ms Minetech Industries Private Limited THR. Bhushan Jibhau Jadhav | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
To see the full case history of Sunshine Hydraulics India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunshine Hydraulics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunshine Hydraulics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS6677A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunshine Hydraulics India Private Limited, buy the company report.
Recent activity
Sunshine Hydraulics India Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Sonalben Umeshbhai Panchal was appointed as Director on 17 May 2017.
Frequently asked questions
Sunshine Hydraulics India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 17 May 2017 (9+ years old) and is registered under CIN U29309GJ2017PTC097364.
Sunshine Hydraulics India has 2 current directors:
- Umesh Virchanddas Panchal - Director
- Sonalben Umeshbhai Panchal - Director
The latest financial statements of Sunshine Hydraulics India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sunshine Hydraulics India is 24AAYCS6677A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Sunshine Hydraulics India is U29309GJ2017PTC097364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunshine Hydraulics India has 11 court cases on record: 11 filed against it. 8 are pending.
Sunshine Hydraulics India was incorporated on 17 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sunshine Hydraulics India by revenue are Tekfrens Engineers Pvt Ltd, Macro Tech Equipment Private Limited, Jet Lifts 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).
Sonalben Umeshbhai Panchal was appointed as Director on 17 May 2017. Umesh Virchanddas Panchal was appointed as Director on 17 May 2017.
Sunshine Hydraulics India can be reached through the website sunshinehydraulics.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sunshine Hydraulics India is at 107 Tirth Bhumi Industrial Park Opp Gopal Estate Bakrol – Bujrang, Ahmedabad, Gujarat, India – 382210.
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