Swan Engitech Works Private Limited

Swan Engitech Works Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U28920MH1955PTC009526 Incorporated 25 April 1955 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹44.6 Lakh
▼ 89% YoY
Net profit · FY 2025
₹71.98 Lakh
Net margin 161.4%
EBITDA · FY 2025
-₹3.63 Lakh
EBITDA margin -8.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24.1 Lakh
Issued & subscribed
Open charges
₹99.17 Cr
Satisfied ₹101.75 Cr
Company age
71 yrs
Est. 1955
Directors on board
2
As per MCA filings

About Swan Engitech Works Private Limited

Data last updated:

Swan Engitech Works Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Swan International Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 25 April 1955 and has been in existence for over 71 years.

Its director Nikhil V Merchant is #478 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1955PTC009526. Its GSTIN is 27AAACS6331H1ZG (Maharashtra).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.1 Lakh. It was formerly known as Sahajanand Engineering Works Private Limited. It is led by directors Nikhil Vasantlal Merchant and Paresh Vasantlal Merchant.

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 Acharya Donde Margsewree West, Mumbai, Maharashtra, India – 400015.

As per the financials filed for FY 2025, the company reported a revenue of ₹44.6 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹71.98 Lakh (net margin 161.4%) and EBITDA of -₹3.63 Lakh (EBITDA margin -8.1%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 12% over five years.

The company is associated with 1 brand: Swan Corp. As per MCA filings, the company has open charges of ₹99.17 Cr and satisfied charges of ₹101.75 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swan.co.in.

Company details

CIN U28920MH1955PTC009526
Registration Number 009526
Incorporation Date 25 April 1955
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Swan International Private Limited
Compliance Status Active Compliant
Key People
Nikhil Vasantlal Merchant Director Paresh Vasantlal Merchant Director

Recognitions & Rankings of Swan Engitech Works

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Swan Engitech Works Private Limited's registered office is in Mumbai, Maharashtra. Its website is swan.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    swan.co.in
  • Registered Address
    Acharya Donde Margsewree West, Mumbai, Maharashtra, India – 400015
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Swan Engitech Works Private Limited, buy the company report.

Comprehensive company report
Swan Engitech Works 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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Secure checkout · GST invoice included

Brands

Swan Engitech Works operates one associated brand: Swan Corp. Each brand links to its own profile.

BrandDescriptionWebsite
Swan Corp
Gas regasification units are developed and operated by the company.swan.co.in

Financials of Swan Engitech Works Private Limited

FY 2025 filings available

Swan Engitech Works Private Limited reported revenue of ₹44.6 Lakh (down 89% YoY) for FY 2025.

Revenue · FY 2025
₹44.6 Lakh ▼ 89%
Net profit · FY 2025
₹71.98 Lakh margin 161.4%
EBITDA · FY 2025
-₹3.63 Lakh margin -8.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 17%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 89% fall in the latest year. EBITDA fell 101% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹3.63 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹71.98 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-8.1%
Net Profit Margin161.4%
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 Swan Engitech Works Private Limited, buy the company report.

Board of directors of Swan Engitech Works Private Limited

Swan Engitech Works has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikhil Vasantlal Merchant
Also directs: Swan Corp Limited, Swan Defence and Heavy Industries Limited, Precision Asset Solutions Private Limited and 5 more
Director01 Aug 200917 Years 3 MonthsCurrent
Paresh Vasantlal Merchant
Also directs: Swan Corp Limited, Swan Defence and Heavy Industries Limited, Sahajanand Soaps and Chemicals Pvt Ltd and 5 more
Director14 Apr 201016 Years 6 MonthsCurrent
View all directors

Peer comparison

Swan Engitech Works Private Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Engineering Design), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
GLBL Tradelines Private Limited₹44.83 Lakh (FY 2025)-59.0%Noida, Uttar Pradesh, India
Chelsea West Associates Private Limited₹44.8 Lakh (FY 2025)275.0%New Delhi, Delhi, India
Tata Hal Technologies Limited₹44.75 Lakh (FY 2021)-94.0%Bangalore, Karnataka, India
Ingenitech Engineering Private Limited₹44.72 Lakh (FY 2024)-39.0%Faridabad, Haryana, India
Niharika Computational Engineering Solutions Private Limited₹44.61 Lakh (FY 2025)-28.0%Bangalore, Karnataka, India
Swan Engitech Works Private Limitedthis company₹44.6 Lakh (FY 2025)₹71.98 Lakh161.4%-89.0%Mumbai, Maharashtra, India
Landstruc Private Limited₹44.52 Lakh (FY 2024)1849.0%Pune, Maharashtra, India
K K Kraft Engineers Consultants Private Limited₹44.41 Lakh (FY 2025)191.0%Kolkata, West Bengal, India
Vishaha Consultancy Private Limited₹44.34 Lakh (FY 2024)452.0%Chennai, Tamil Nadu, India
Moon Light Real Infra Private Limited₹44.32 Lakh (FY 2024)27.0%Jodhpur, Rajasthan, India
Facade Global Private Limited₹44.32 Lakh (FY 2024)-56.0%Kanayannur, Kerala, India

To see the full peer comparison of Swan Engitech Works Private Limited, buy the company report.

Auditor

Swan Engitech Works Private Limited is audited by V. R. Renuka & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
V. R. Renuka & Co.FY 2022108826W

Shareholding

The shareholding of Swan Engitech Works Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Swan Engitech Works Private Limited, buy the company report.

Charges & borrowings

Open charges
₹99.17 Cr
Satisfied charges
₹101.75 Cr
Breakdown by lending institutions
Pnb Investment Services Limited₹99.17 Cr
Punjab National Bank₹2.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Sep 200910179543Pnb Investment Services Limited₹99.17 CrSatisfied
08 Jun 200590238541Punjab National Bank₹1.29 CrSatisfied
27 May 200590243851Punjab National Bank₹1.29 CrSatisfied

To see the full charge records of Swan Engitech Works 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 Swan Engitech Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Swan Engitech Works has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACS6331H1ZGMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Swan Engitech Works Private Limited, buy the company report.

Recent activity

Swan Engitech Works Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Gopal Navinbhai Dave ceased to be Whole-Time Director on 13 Apr 2011.

AGM
Swan Engitech Works Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swan Engitech Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 09 Sep 2009 via Charge ID 10179543 with Pnb Investment Services Limited was fully satisfied on 16 Dec 2024.
Charges
A charge with Pnb Investment Services Limited of Rs. 9,917.18 Lakh registered on 09 Sep 2009 with Charge ID 10179543 was modified on 31 Dec 2015.
Ceased
Gopal Navinbhai Dave ceased to be Whole-Time Director.
Ceased
Navinbhai Chandulal Dave ceased to be Whole-Time Director.
Ceased
Devanshi Dave Gopal ceased to be Director.
Ceased
Manjula Navinchandra Dave ceased to be Director.
Appointed
Paresh Vasantlal Merchant was appointed as Director.
Charges
A charge with Pnb Investment Services Limited amounted to Rs. 9,917.18 Lakh with Charge ID 10179543 was registered on 09 Sep 2009.
Appointed
Nikhil Vasantlal Merchant was appointed as Director.
Charges
A charge registered on 08 Jun 2005 via Charge ID 90238541 with Punjab National Bank was fully satisfied on 23 Nov 2006.

4 earlier events are in the company report.

News

Frequently asked questions

Swan Engitech Works is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 25 April 1955 (71+ years old) and is registered under CIN U28920MH1955PTC009526.

Swan Engitech Works has 2 current directors:

The latest financial statements of Swan Engitech Works 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 Swan Engitech Works is 27AAACS6331H1ZG, registered in Maharashtra.

The CIN (Corporate Identification Number) of Swan Engitech Works is U28920MH1955PTC009526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Swan Engitech Works has 9 court cases on record: 3 filed by the company and 6 filed against it. Most are in the high courts.

Swan Engitech Works was incorporated on 25 April 1955, making it 71+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Swan Engitech Works by revenue are GLBL Tradelines Private Limited, Chelsea West Associates Private Limited, Tata Hal Technologies Limited, Ingenitech Engineering Private Limited, Niharika Computational Engineering Solutions Private Limited and 5 more, all in the Engineering industry (Engineering Design).

Gopal Navinbhai Dave ceased to be Whole-Time Director on 13 Apr 2011. Navinbhai Chandulal Dave ceased to be Whole-Time Director on 13 Apr 2011. Devanshi Dave Gopal ceased to be Director on 14 Apr 2010. Swan Engitech Works has 6 board changes on record in total.

Swan Engitech Works can be reached through the website swan.co.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Swan Engitech Works is at Acharya Donde Margsewree West, Mumbai, Maharashtra, India – 400015.