About Technoace Systems Private Limited
Data last updated:
Technoace Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014PTC151319. Its GSTIN is 27AAFCT0290B1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prachi Nikhil Deshpande and Mukund Shriniwas Deshpande.
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 Pl No 68 Rama Lane No.3 Natraj Society Karvenagar Near Pratidnya Hall, Pune, Maharashtra, India – 411052.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.48 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹50.71 Lakh (net margin 11.3%) and EBITDA of ₹83.25 Lakh (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 10% over five years.
The company is associated with 1 brand: Technoace. As per MCA filings, the company has open charges of ₹57 Lakh and satisfied charges of ₹4.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technoace.net.
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- Website
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- Registered AddressPl No 68 Rama Lane No.3 Natraj Society Karvenagar Near Pratidnya Hall, Pune, Maharashtra, India – 411052
- IndustryMachinery and Equipment, Material Handling & Storage 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
- One PDF report, delivered after checkout
Business Activity of Technoace Systems Private Limited
The main business activity of Technoace Systems is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | 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 Technoace Systems Private Limited FY 2025 filings available
Technoace Systems Private Limited reported revenue of ₹4.48 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Technoace Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 3% growth in the latest year. EBITDA rose 11% 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 Technoace Systems 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 | ₹83.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.71 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 Technoace Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.3% | •••• | •••• | •••• | •••• |
| 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 Technoace Systems 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 Technoace Systems Private Limited
Technoace Systems Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Snsengineering Nta Private Limited | ₹4.55 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Bhiwadi, Rajasthan, India |
| Deepak Precision Works Private Limited | ₹4.53 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Ferron Equipments Private Limited | ₹4.52 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Great Life Entrade Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Ahmedabad, Gujarat, India |
| Hephzi Elevators International Company Private Limited | ₹4.49 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Technoace Systems Private Limited this company | ₹4.48 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Creestaa Equipemnt's Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Pune, Maharashtra, India |
| MM Machinery Private Limited | ₹4.46 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Ahmedabad, Gujarat, India |
| Ivator Technologies Private Limited | ₹4.43 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Thrissur, Kerala, India |
| JB India Private Limited | ₹4.35 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Mahesana, Gujarat, India |
| Marsman India Cranes Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Sinnar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Technoace Systems by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 Technoace Systems Private Limited
Technoace Systems Private Limited is audited by V.A NITSURE & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.A NITSURE & CO. | 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 Technoace Systems Private Limited
Technoace Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prachi Nikhil Deshpande | Director | 29 May 2014 | 12 Years 4 Months | Current |
| Mukund Shriniwas Deshpande | Director | 29 May 2014 | 12 Years 4 Months | Current |
| Nikhil Mukund Deshpande | Director | 29 May 2014 | 12 Years 4 Months | Current |
Ownership and Shareholding of Technoace Systems 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 Technoace Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Mar 2023 | State Bank of India | ₹57 Lakh | Open |
| 11 May 2018 | State Bank of India | ₹4.5 Lakh | Satisfied |
Total charge records: 2 View all charges
Associated Brands with Technoace Systems Private Limited
Technoace Systems operates one associated brand: Technoace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Material handling systems and equipment manufacturing with a focus on cranes and lifts in India. | technoace.net |
Employees and EPFO Compliance at Technoace Systems Private Limited
Employment history and EPFO contributions of people linked to Technoace Systems.
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.
Recent Activity on Technoace Systems Private Limited
Technoace Systems Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Mukund Shriniwas Deshpande was appointed as Director on 29 May 2014.
Credit Ratings, Litigation & Regulatory Alerts for Technoace Systems 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.
MSME Payment Delays by Technoace Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Technoace Systems 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 Technoace Systems Private Limited
Technoace Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT0290B1ZO | 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 Technoace Systems 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 Technoace Systems Private Limited
Technoace Systems is an active private limited company based in Pune, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 29 May 2014 (12+ years old) and is registered under CIN U74900PN2014PTC151319.
Technoace Systems reported revenue of ₹4.48 Cr for FY 2025 (up 3% YoY).
Technoace Systems has 3 current directors:
- Prachi Nikhil Deshpande - Director
- Mukund Shriniwas Deshpande - Director
- Nikhil Mukund Deshpande - Director
Technoace Systems reported a net profit of ₹50.71 Lakh (net margin 11.3%) and EBITDA of ₹83.25 Lakh (EBITDA margin 18.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Technoace Systems is 24% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Technoace Systems is 27AAFCT0290B1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Technoace Systems is U74900PN2014PTC151319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technoace Systems was incorporated on 29 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Technoace Systems by revenue are Snsengineering Nta Private Limited, Deepak Precision Works Private Limited, Ferron Equipments Private Limited, Great Life Entrade Private Limited, Hephzi Elevators International Company Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Mukund Shriniwas Deshpande was appointed as Director on 29 May 2014. Nikhil Mukund Deshpande was appointed as Director on 29 May 2014. Prachi Nikhil Deshpande was appointed as Director on 29 May 2014.
Technoace Systems can be reached through the website technoace.net. Its registered office is in Pune, Maharashtra, India.