MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0015501
Swifts Private Limited - information technology in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.21 Cr
▲ 15% YoY
Net loss · FY 2025
₹33.48 Lakh
Net margin -27.7%
EBITDA · FY 2025
₹4.87 Lakh
EBITDA margin 4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.69 Cr
Issued & subscribed
Open charges
₹6.35 Cr
Satisfied ₹1.95 Cr
Company age
71 yrs
Est. 1955
Employees · EPFO
1
Provident fund records
About Swifts Private Limited
Data last updated:
Swifts Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 11 April 1955 and has been in existence for over 71 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1955PTC009519. Its GSTIN is 27AACCS1657A1ZP (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.69 Cr. It was formerly known as Swifts Limited. It is led by directors including Sheetal Satish Dhamne (Whole-Time Director) and Anil Jagannath Patil.
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 Nashik, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.21 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹33.48 Lakh (net margin -27.7%) and EBITDA of ₹4.87 Lakh (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Swifts. As per MCA filings, the company has open charges of ₹6.35 Cr and satisfied charges of ₹1.95 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Swifts Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0015501). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swiftoffsets.com.
Company details
CIN U74999MH1955PTC009519
Registration Number 009519
Incorporation Date 11 April 1955
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0015501
Key People
Sheetal Satish Dhamne Whole-Time Director Anil Jagannath Patil Director Satish Laxman Dhamne Director Recognitions & Rankings of Swifts
Contact details
Swifts Private Limited's registered office is in Nashik, Maharashtra. Its website is swiftoffsets.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShed No W 47 MIDC, Ambad, Nashik, Maharashtra, India – 422010
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Swifts Private Limited, buy the company report.
Comprehensive company report
Swifts 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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Brands
Swifts operates one associated brand: Swifts. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offset printing machinery manufacturing and supply in India. | swiftoffsets.com |
Business activity
The main business activity of Swifts is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Swifts Private Limited, buy the company report.
Financials of Swifts Private Limited
FY 2025 filings availableSwifts Private Limited reported revenue of ₹1.21 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹1.21 Cr ▲ 15%
Net loss · FY 2025
₹33.48 Lakh margin -27.7%
EBITDA · FY 2025
₹4.87 Lakh margin 4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 547%
3 years · compounded
▼ 12%
5 years · compounded
▲ 6%
Revenue rose 15% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 547% 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 | ₹4.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹33.48 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | -27.7% | ||||
| 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 Swifts Private Limited, buy the company report.
Board of directors of Swifts Private Limited
Swifts has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Jagannath Patil | Director | 30 Sep 2023 | 3 Years 1 Months | Current |
| Sheetal Satish Dhamne | Whole-Time Director | 24 Apr 2017 | 9 Years 6 Months | Current |
| Satish Laxman Dhamne | Director | 01 Mar 2022 | 4 Years 8 Months | Current |
Auditor
Swifts Private Limited is audited by Govilkar And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Govilkar And Associates | FY 2023 | 119099W |
Shareholding
The shareholding of Swifts Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swifts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.35 Cr
Satisfied charges
₹1.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2005 | 90241519 | The Saraswat Co-Op Bank Ltd | ₹10 Lakh | Open | |
| 28 Mar 2005 | 90241390 | The Saraswat Co-Op Bank Ltd | ₹75 Lakh | Open | |
| 23 Jan 2001 | 90165399 | The Saraswati Co-Oprative Bank Limited | ₹31.5 Lakh | Open | |
| 14 May 1999 | 90165327 | The Saraswati Co-Oprative Bank Limited | ₹3.23 Lakh | Open | |
| 27 Nov 1998 | 90165302 | The Saraswati Co-Oprative Bank Limited | ₹14.7 Lakh | Open |
To see the full charge records of Swifts Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Swifts Private Limited has 3 court cases on record: 2 filed by Swifts, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Swifts 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
Swifts Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 106 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bharat Wooden Industries | |||
| an individual supplier | |||
| Aspire Polymers Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Swifts Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Swifts Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Swifts Private Limited, buy the company report.
GST
Swifts has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS1657A1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swifts Private Limited, buy the company report.
Recent activity
Swifts Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Anil Jagannath Patil was appointed as Director on 30 Sep 2023.
AGM
Swifts Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swifts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Anil Jagannath Patil was appointed as Director.
Charges
A charge registered on 01 Nov 2007 via Charge ID 10086474 with Saraswat Co-Operative Bank Ltd. was fully satisfied on 16 Jun 2023.
Charges
A charge registered on 12 Sep 2007 via Charge ID 10086476 with Saraswat Co-Operative Bank Ltd. was fully satisfied on 16 Jun 2023.
Charges
A charge registered on 06 Jul 2007 via Charge ID 10101097 with Saraswat Co-Operative Bank Ltd. was fully satisfied on 16 Jun 2023.
Appointed
Satish Laxman Dhamne was appointed as Director.
Ceased
Vasant Suresh Marathe ceased to be Managing Director.
Ceased
Anil Jagannath Patil ceased to be Additional Director.
Ceased
Sheetal Satish Dhamne ceased to be Additional Director.
Ceased
Om Vasant Marathe ceased to be Director.
Appointed
Sheetal Satish Dhamne was appointed as Whole-Time Director.
25 earlier events are in the company report.
Frequently asked questions
Swifts is an active private limited company based in Nashik, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 11 April 1955 (71+ years old) and is registered under CIN U74999MH1955PTC009519.
Swifts has 3 current directors:
- Sheetal Satish Dhamne - Whole-Time Director
- Anil Jagannath Patil - Director
- Satish Laxman Dhamne - Director
The latest financial statements of Swifts 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 Swifts is 27AACCS1657A1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Swifts is U74999MH1955PTC009519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swifts has 3 court cases on record: 2 filed by the company and 1 filed against it.
Swifts was incorporated on 11 April 1955, making it 71+ years old. It is registered with the Registrar of Companies, Mumbai.
Anil Jagannath Patil was appointed as Director on 30 Sep 2023. Satish Laxman Dhamne was appointed as Director on 01 Mar 2022. Vasant Suresh Marathe ceased to be Managing Director on 28 Mar 2018. Swifts has 10 board changes on record in total.
Yes, Swifts is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0015501).
Swifts has 3 MSME Form 1 returns on record between 2020 and 2021, listing 106 overdue payments to 7 micro and small suppliers. The latest return was filed on 12 May 2021.
Swifts can be reached through the website swiftoffsets.com. Its registered office is in Nashik, Maharashtra, India.
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