About Swastik Technomech Private Limited
Data last updated:
Swastik Technomech Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 07 December 1990.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31142GJ1990PTC014745. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹5.2 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 343/A 343/B Swastik Premises Amraiwadi, Ahmedabad, Gujarat, India – 380026.
As per the financials filed for FY 2016, the company reported a revenue of ₹13.04 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹7.27 Lakh (net margin -55.8%) and EBITDA of -₹5.9 Lakh (EBITDA margin -45.3%).
Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2016. Its 10 peer companies in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Kushaiguda Electronics Private Limited with revenue of ₹13.15 Lakh.
The last known website on record is swastiktextile.com.
Company details
Contact details
Swastik Technomech Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address343/A 343/B Swastik Premises Amraiwadi, Ahmedabad, Gujarat, India – 380026
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment, Electrical Equipment
- 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 Swastik Technomech 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 Technomech Private Limited, buy the company report.
Financials of Swastik Technomech Private Limited
FY 2016 filings availableSwastik Technomech Private Limited reported revenue of ₹13.04 Lakh (down 20% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year. EBITDA fell 368% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | -₹5.9 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7.27 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -45.3% | |
| Net Profit Margin | -55.8% | |
| 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 Technomech Private Limited, buy the company report.
Board of directors of Swastik Technomech Private Limited
Swastik Technomech has 3 former directors on record and no current directors listed.
Peer comparison
Swastik Technomech Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Kushaiguda Electronics Private Limited | ₹13.15 Lakh (FY 2022) | -3.0% | Hyderabad, Telangana, India | |||
| Pragyanetic Power Private Limited | ₹13.14 Lakh (FY 2023) | -29.0% | Hyderabad, Telangana, India | |||
| Charang Cranes Private Limited | ₹13.13 Lakh (FY 2024) | -89.0% | Nashik, Maharashtra, India | |||
| U P S Electronics Private Limited | ₹13.13 Lakh (FY 2024) | 60.0% | New Delhi, Delhi, India | |||
| Neeltara Ecosolutions Private Limited | ₹13.06 Lakh (FY 2025) | 6.0% | Vadodara, Gujarat, India | |||
| Swastik Technomech Private Limitedthis company | ₹13.04 Lakh (FY 2016) | -₹7.27 Lakh | -55.8% | -20.0% | Ahmedabad, Gujarat, India | |
| Baba Pulp and Fruits Limited | ₹13.02 Lakh (FY 2025) | 4.0% | Patna, Bihar, India | |||
| Cosine Communications and Electronics Private Limited | ₹13.02 Lakh (FY 2025) | -22.0% | Hyderabad, Telangana, India | |||
| Nivanta International Private Limited | ₹13.01 Lakh (FY 2024) | 92.0% | Thane, Maharashtra, India | |||
| Mehta Fabin Private Limited | ₹12.98 Lakh (FY 2025) | -3.0% | Pune, Maharashtra, India | |||
| Nav Rituraj Engitech (OPC) Private Limited | ₹12.94 Lakh (FY 2025) | -3.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Swastik Technomech Private Limited, buy the company report.
Deals & funding
Swastik Technomech Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Amit S Metha HUF, Asit Suryakant Mehta HUF, Sanjit Suryakant Mehta Huf |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Asit Suryakant Mehta HUF, 3 individuals Seller: Sanjit Suryakant Mehta Huf, Suryakant P Mehta HUF, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Swastik Technomech Private Limited has 7 court cases on record: 6 filed by Swastik Technomech, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against State of Gujarat and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ms.Karnataka Dyeing Proces-Sing Company and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against individuals | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Disposed |
To see the full case history of Swastik Technomech 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 Technomech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swastik Technomech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swastik Technomech Private Limited, buy the company report.
Recent activity
Swastik Technomech Private Limited has 3 board changes on record since 2011: 0 appointments and 3 cessations. The latest: Asit Suryakant Mehta ceased to be Whole-Time Director on 27 Feb 2017.
Frequently asked questions
Swastik Technomech has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Swastik Technomech was a private limited company based in Ahmedabad, Gujarat, India. The company worked in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 07 December 1990 and is registered under CIN U31142GJ1990PTC014745. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Swastik Technomech is U31142GJ1990PTC014745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Technomech was incorporated on 07 December 1990. It is registered with the Registrar of Companies, Ahmedabad.
Swastik Technomech can be reached through the website swastiktextile.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Swastik Technomech is at 343A 343B Swastik Premises Amraiwadi, Ahmedabad, Gujarat, India – 380026.
The latest financial statements of Swastik Technomech on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Swastik Technomech has 1 GST registration on record and it is cancelled or inactive.
Swastik Technomech operated in the electrical industry, in the general purpose and special purpose machinery and equipment segment.
Swastik Technomech has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
The peers of Swastik Technomech by revenue are Kushaiguda Electronics Private Limited, Pragyanetic Power Private Limited, Charang Cranes Private Limited, U P S Electronics Private Limited, Neeltara Ecosolutions Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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