About Trio Elevators Co (India) Private Limited
Data last updated:
Trio Elevators Co (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 10 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31103GJ2006PTC048885. Its GSTIN is 24AACCT4923E1ZN (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.74 Cr. It was formerly known as Trio Elevators Co (India) Limited. It is led by directors including Chirag Shankarbhai Patel (Managing Director) and Kriyang Shankarbhai Patel (Whole-Time Director).
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹194.25 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Cr (net margin 2.7%) and EBITDA of ₹11.21 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 15% over five years.
The company has about 238 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TRIO Elevators Co. As per MCA filings, the company has open charges of ₹126.25 Cr and satisfied charges of ₹5.06 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 1 case is pending. The company has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹7 Cr; the latest was in September 2018. Its 10 peer companies in the Engineering industry (Maintenance Services) are compared by revenue, 5 larger and 5 smaller; the largest is Basf Chemicals India Private Limited with revenue of ₹229.11 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trioelevators.com.
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- Website
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- Registered Address404 Shivam Complex Near Bhuyangdev Char Rasta Sola Road G, Hatlodia, Ahmedabad, Gujarat, India – 380061
- IndustryEngineering, Industrial Maintenance & Repair Services
- 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 Trio Elevators Co (India) Private Limited
The main business activity of Trio Elevators Co (India) is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Trio Elevators Co (India) Private Limited FY 2025 filings available
Trio Elevators Co (India) Private Limited reported revenue of ₹194.25 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Trio Elevators Co (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 1% growth in the latest year. EBITDA rose 4% 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 Trio Elevators Co (India) 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 | ₹11.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.31 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 of Trio Elevators Co (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Trio Elevators Co (India) 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 Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Basf Chemicals India Private Limited | ₹229.11 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Amps Facilities Management Services Private Limited | ₹209.91 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Leadec India Private Limited | ₹207.59 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
| Technosys Integrated Solutions Private Limited | ₹206.66 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Coral Rewinding India Private Limited | ₹200.57 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Erode, Tamil Nadu, India |
| Trio Elevators Co (India) Private Limited this company | ₹194.25 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Technogreen Airconditioning Private Limited | ₹190.31 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
| Melco India Private Limited | ₹184.81 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | New Delhi, Delhi, India |
| Pacific Maintenance Services Private Limited | ₹164.99 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Delhi, India |
| Harcomp Airflex Private Limited | ₹150.92 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | New Delhi, Delhi, India |
| CPT Projects Private Limited | ₹150.79 Cr (FY 2025) | •••• | •••• | 822.0% | •••• | Sriperumbudur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Trio Elevators Co (India) by revenue in the Engineering industry (Maintenance Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankerbhai Mohanlal Patel Also directs: Alps Technologies Private Limited | Director | 27 Aug 2018 | 8 Years 1 Months | Current |
| Chirag Shankarbhai Patel | Managing Director | 18 Jul 2014 | 12 Years 2 Months | Current |
| Kriyang Shankarbhai Patel | Whole-Time Director | 10 Aug 2006 | 20 Years 2 Months | Current |
Ownership and Shareholding of Trio Elevators Co (India) 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 Trio Elevators Co (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2025 | Others | ₹15 Cr | Open |
| 28 Apr 2025 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 25 Oct 2023 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 30 Sep 2021 | Hdfc Bank Limited | ₹35 Lakh | Open |
| 12 Oct 2017 | Hdfc Bank Limited | ₹60 Cr | Open |
Total charge records: 7 View all charges
Deals & Funding of Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) Private Limited has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹7 Cr; the latest was in September 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Rights issue | ₹3.38 Cr | Investors: 4 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Otis Elevator Co (India)Ltd |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Alps Technologies Private Limited Seller: Otis Elevator Co (India)Ltd , Otis Elevator Co.(India) Limited & Paresh Kariya, Otis Elevator Co.(India) Limited & Stephen D'Souza |
| Nov 2006 | Funding round | ₹7 Cr | Investors: Otis Elevator Co (India)Ltd , 3 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) Private Limited has 10 court cases on record: 10 filed by Trio Elevators Co (India). 1 case is pending and 9 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Arbitration matter | Filed by the company against Rkmilan Procon LLP and 1 other | Disposed |
| High Court of Gujarat | Arbitration matter | Filed by the company against Shreejikrupa Buildcon Limited | Disposed |
| High Court of Gujarat | Arbitration matter | Filed by the company against Gajanand Corporation Private Limited | Disposed |
| High Court of Gujarat | Arbitration matter | Filed by the company against Fishfa Rubbers Limited | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against State of Gujarat | Pending |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) operates one associated brand: TRIO Elevators Co. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and installs elevators and escalators for various building needs. | trioelevators.com |
Employees and EPFO Compliance at Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) Private Limited has a workforce of 238 employees as of Apr 03, 2024.
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.
CIN History of Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) has one previous CIN (Corporate Identification Number): U31103GJ2006PLC048885. The current CIN is U31103GJ2006PTC048885, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31103GJ2006PTC048885 | Current |
| U31103GJ2006PLC048885 | Previous |
Recent Activity on Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) Private Limited has 20 board changes on record since 2006: 3 appointments and 17 cessations. The latest: Paresh Kunjbihari Dixit ceased to be Director on 01 Sep 2020.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Trio Elevators Co (India) 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 Trio Elevators Co (India) 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 Trio Elevators Co (India) 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 Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT4923E1ZN | Gujarat | Active | 01 Jul 2017 |
| 23AACCT4923E1ZP | Madhya Pradesh | Active | 01 Jul 2017 |
| 29AACCT4923E1ZD | Karnataka | Active | 01 Jul 2017 |
| 33AACCT4923E1ZO | Tamil Nadu | 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 Trio Elevators Co (India) 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 Trio Elevators Co (India) Private Limited
Trio Elevators Co (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 10 August 2006 (20+ years old) and is registered under CIN U31103GJ2006PTC048885.
Trio Elevators Co (India) reported revenue of ₹194.25 Cr for FY 2025 (up 1% YoY).
Trio Elevators Co (India) has 3 current directors:
- Chirag Shankarbhai Patel - Managing Director
- Kriyang Shankarbhai Patel - Whole-Time Director
- Shankerbhai Mohanlal Patel - Director
Trio Elevators Co (India) reported a net profit of ₹5.31 Cr (net margin 2.7%) and EBITDA of ₹11.21 Cr (EBITDA margin 5.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trio Elevators Co (India) is 12% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trio Elevators Co (India) is 24AACCT4923E1ZN, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 23AACCT4923E1ZP (Madhya Pradesh), 29AACCT4923E1ZD (Karnataka), 33AACCT4923E1ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of Trio Elevators Co (India) is U31103GJ2006PTC048885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trio Elevators Co (India) has 10 court cases on record: 10 filed by the company. 1 is pending.
Trio Elevators Co (India) was incorporated on 10 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Trio Elevators Co (India) has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹7 Cr; the latest was in September 2018.
The peers of Trio Elevators Co (India) by revenue are Basf Chemicals India Private Limited, Amps Facilities Management Services Private Limited, Leadec India Private Limited, Technosys Integrated Solutions Private Limited, Coral Rewinding India Private Limited and 5 more, all in the Engineering industry (Maintenance Services).