About Suwinka Engineering Private Limited
Data last updated:
Suwinka Engineering Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1998PTC113496. Its GSTIN is 27AADCS8726K1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹71 Lakh. It is led by directors Chiman Bhikhabhai Jagani and Jaysukhlal Dhirajlal Jasani.
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 Plot No. R – 971 MIDC Ttc Industrial Area Rabale, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.54 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹96.4 Lakh (net margin -3.2%) and EBITDA of -₹1.16 Cr (EBITDA margin -3.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Suwinka Engineering and Ispace Solar. As per MCA filings, the company has open charges of ₹4.41 Cr on record. Court records list 15 cases involving the company, including 15 filed by the company; 4 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 suwinka.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. R – 971 MIDC Ttc Industrial Area Rabale, Navi Mumbai, Maharashtra, India – 400701
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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 Suwinka Engineering Private Limited
The main business activity of Suwinka Engineering is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Suwinka Engineering Private Limited FY 2025 filings available
Suwinka Engineering Private Limited reported revenue of ₹30.54 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Suwinka Engineering Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 184% 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 Suwinka Engineering 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 | -₹1.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹96.4 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 Suwinka Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 Suwinka Engineering 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 Suwinka Engineering Private Limited
Suwinka Engineering Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals, Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inmet Technology Solutions Private Limited | ₹30.73 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| M R M Procom Private Limited | ₹30.64 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Eai Power India Private Limited | ₹30.64 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Bhopal, Madhya Pradesh, India |
| BMC Electroplast Pvt Ltd | ₹30.58 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Mahanadi Metals and Chemicals Private Limited | ₹30.58 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Rourkela, Odisha, India |
| Suwinka Engineering Private Limited this company | ₹30.54 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Navi Mumbai, Maharashtra, India |
| Rack N Space Storage Solutions Private Limited | ₹30.48 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Baramati, Maharashtra, India |
| Antony Metals Private Limited | ₹30.47 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Hybrid Metals Private Limited | ₹30.41 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Herodex Power Systems Private Limited | ₹30.38 Cr (FY 2016) | •••• | •••• | -25.0% | •••• | Nashik, Maharashtra, India |
| Sun Ultra Technologies Private Limited | ₹30.36 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Gwalior, M.P, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Suwinka Engineering by revenue in the Metals and Minerals industry (Metals, Power Equipment Manufacturers), 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 Suwinka Engineering Private Limited
Suwinka Engineering Private Limited is audited by V S PARANJAPE & ASSOCIATES LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V S PARANJAPE & 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 Suwinka Engineering Private Limited
Suwinka Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiman Bhikhabhai Jagani Also directs: Actionabl Infotech Private Limited | Director | 05 Apr 1998 | 28 Years 6 Months | Current |
| Jaysukhlal Dhirajlal Jasani Also directs: Kwality Tank and Vessel Pvt Ltd | Director | 30 Sep 2004 | 22 Years 0 Months | Current |
Ownership and Shareholding of Suwinka Engineering 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 Suwinka Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2024 | Hdfc Bank Limited | ₹1.55 Cr | Open |
| 01 Nov 2014 | Nkgsb Co-Operative Bank Ltd. | ₹1 Cr | Open |
| 01 Nov 2014 | Others | ₹1 Cr | Open |
| 20 Mar 2003 | The North Kanara G.S.B. Co-Op. Bank Ltd. | ₹65 Lakh | Open |
| 16 Dec 1998 | The North Kanara G.S.B. Co-. Op. Bank Ltd. | ₹10 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of Suwinka Engineering Private Limited
Suwinka Engineering Private Limited has 15 court cases on record: 15 filed by Suwinka Engineering. 4 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 4 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Spartan Engineering Industries Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Vibha Mechano Electric India Private Limited | Pending |
| Bombay High Court | Court case (S) | Filed by the company against Vibha Mechano Electric India Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Vibha Mechano Electric India Private Limited | Disposed |
| Bombay High Court | Appeal | Filed by the company against Vibha Mechano Electric India Private Limited | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Suwinka Engineering Private Limited
Suwinka Engineering Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 676 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kun-Chem Pretreatments Pvt Ltd | •••• | •••• | •••• |
| Shobha Fabricators Private Limited CN | •••• | •••• | •••• |
| Nakoda Plasto Coats Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Madhuram Micron Tools Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Suwinka Engineering Private Limited
Suwinka Engineering operates two associated brands: Suwinka Engineering and Ispace Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers contract manufacturing services including sheet metal fabrication, powder coating, and assembly. | suwinka.com | |
| Provides solar energy installations and solutions for economical eco-friendly power. | ispacesolar.com |
Employees and EPFO Compliance at Suwinka Engineering Private Limited
Suwinka Engineering Private Limited has a workforce of 12 employees as of Mar 29, 2024.
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 Suwinka Engineering Private Limited
Suwinka Engineering has one previous CIN (Corporate Identification Number): U28920MH2004PTC113496. The current CIN is U28920MH1998PTC113496, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28920MH1998PTC113496 | Current |
| U28920MH2004PTC113496 | Previous |
Recent Activity on Suwinka Engineering Private Limited
Suwinka Engineering Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Rajivkumar Jaysukhlal Jasani ceased to be Director on 31 Mar 2008.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Suwinka Engineering 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.
Subsidiaries & Group Companies of Suwinka Engineering 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 Suwinka Engineering Private Limited
Suwinka Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS8726K1ZV | 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 Suwinka Engineering 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 Suwinka Engineering Private Limited
Suwinka Engineering is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 February 1998 (28+ years old) and is registered under CIN U28920MH1998PTC113496.
Suwinka Engineering reported revenue of ₹30.54 Cr for FY 2025 (down 12% YoY).
Suwinka Engineering has 2 current directors:
- Chiman Bhikhabhai Jagani - Director
- Jaysukhlal Dhirajlal Jasani - Director
Suwinka Engineering reported a net loss of ₹96.4 Lakh (net margin -3.2%) and EBITDA of -₹1.16 Cr (EBITDA margin -3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suwinka Engineering is -2% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suwinka Engineering is 27AADCS8726K1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Suwinka Engineering is U28920MH1998PTC113496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suwinka Engineering has 15 court cases on record: 15 filed by the company. 4 are pending. Most are in the district courts.
Suwinka Engineering was incorporated on 11 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Suwinka Engineering by revenue are Inmet Technology Solutions Private Limited, M R M Procom Private Limited, Eai Power India Private Limited, BMC Electroplast Pvt Ltd, Mahanadi Metals and Chemicals Private Limited and 5 more, all in the Metals and Minerals industry (Metals, Power Equipment Manufacturers).
Rajivkumar Jaysukhlal Jasani ceased to be Director on 31 Mar 2008. Viren Jaysukhbhai Jasani ceased to be Director on 31 Mar 2008. Jaysukhlal Dhirajlal Jasani was appointed as Director on 30 Sep 2004. Suwinka Engineering has 4 board changes on record in total.
Suwinka Engineering has 8 MSME Form 1 returns on record between 2019 and 2022, listing 676 overdue payments to 16 micro and small suppliers. The latest return was filed on 10 Nov 2022.