- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0045331

About Swastik Engitech Private Limited
Data last updated:
Swastik Engitech Private Limited is a private limited company based in Shapar, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2010PTC059908. Its GSTIN is 24AANCS9686G1ZN (Gujarat).
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.14 Cr. It is led by directors including Neelamben Pankajbhai Bansal and Ruby Prashant Kumar Bansal.
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 Shapar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.56 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹3.74 Cr (net margin 8.2%) and EBITDA of ₹7.42 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 51% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bansal Presses. As per MCA filings, the company has open charges of ₹30.33 Cr and satisfied charges of ₹16.98 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹1.72 Cr; the latest was in November 2022.
Swastik Engitech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0045331). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bansalpresses.com.
Company details
Recognitions & Rankings of Swastik Engitech
Contact details
Swastik Engitech Private Limited's registered office is in Shapar, Gujarat. Its website is bansalpresses.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 1/1A Survey No. 237/238 B/H Kishan Cement Nr Bhagwati Bright Bar, S Ltd, Shapar, Gujarat, India – 360024
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Swastik Engitech 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
Brands
Swastik Engitech operates one associated brand: Bansal Presses. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of power presses, automation, and accessories in the industrial sector. | bansalpresses.com |
Business activity
The main business activity of Swastik Engitech 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 Swastik Engitech Private Limited, buy the company report.
Financials of Swastik Engitech Private Limited
FY 2024 filings availableSwastik Engitech Private Limited reported revenue of ₹45.56 Cr (up 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 67% growth in the latest year. EBITDA rose 198% 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 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 | ₹7.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.74 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 8.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Swastik Engitech Private Limited, buy the company report.
Board of directors of Swastik Engitech Private Limited
Swastik Engitech has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelamben Pankajbhai Bansal | Director | 17 Mar 2010 | 16 Years 7 Months | Current |
| Ruby Prashant Kumar Bansal | Director | 20 Apr 2016 | 10 Years 6 Months | Current |
| Prashant Narendrakumar Bansal | Director | 17 Mar 2010 | 16 Years 7 Months | Current |
| Pankajbhai Narendrabhai Bansal | Director | 20 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Swastik Engitech Private Limited is audited by PARIKH SHAH CHOTALIA AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH SHAH CHOTALIA AND ASSOCIATES | FY 2024 | 118493W |
Shareholding
The shareholding of Swastik Engitech Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swastik Engitech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2024 | 100889304 | Hdfc Bank Limited | ₹29.79 Cr | Open | |
| 09 Dec 2019 | 100320619 | Others | ₹54.27 Lakh | Open | |
| 04 Feb 2020 | 100326938 | Others | ₹1.81 Cr | Satisfied | |
| 22 Jun 2010 | 10225308 | State Bank of India | ₹15.17 Cr | Satisfied |
To see the full charge records of Swastik Engitech Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Swastik Engitech Private Limited has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹1.72 Cr; the latest was in November 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Rights issue | ₹15.6 Lakh | Investors: 4 individuals |
| Mar 2015 | Rights issue | ₹10 Lakh | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹27 Lakh | Investors: 4 individuals |
| Mar 2012 | Funding round | ₹70 Lakh | Investors: 4 individuals |
| Mar 2011 | Funding round | ₹75 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Swastik Engitech Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
To see the full case history of Swastik Engitech 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 Swastik Engitech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swastik Engitech Private Limited has a workforce of 69 employees on its EPFO records as of Jun 04, 2025, across 1 active EPFO establishment.
GST
Swastik Engitech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS9686G1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swastik Engitech Private Limited, buy the company report.
Recent activity
Swastik Engitech Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Pankajbhai Narendrabhai Bansal was appointed as Director on 20 Apr 2016.
4 earlier events are in the company report.
Frequently asked questions
Swastik Engitech is an active private limited company based in Shapar, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 March 2010 (16+ years old) and is registered under CIN U29100GJ2010PTC059908.
Swastik Engitech has 4 current directors:
- Neelamben Pankajbhai Bansal - Director
- Ruby Prashant Kumar Bansal - Director
- Prashant Narendrakumar Bansal - Director
- Pankajbhai Narendrabhai Bansal - Director
The latest financial statements of Swastik Engitech 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 2015 are in the company report.
The GSTIN of Swastik Engitech is 24AANCS9686G1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Swastik Engitech is U29100GJ2010PTC059908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Engitech has 3 court cases on record: 3 filed against it.
Swastik Engitech was incorporated on 17 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Swastik Engitech has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹1.72 Cr; the latest was in November 2022.
Pankajbhai Narendrabhai Bansal was appointed as Director on 20 Apr 2016. Ruby Prashant Kumar Bansal was appointed as Director on 20 Apr 2016. Neelamben Pankajbhai Bansal was appointed as Director on 17 Mar 2010. Swastik Engitech has 4 board changes on record in total.
Yes, Swastik Engitech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0045331).