MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0065958
Verito Engineering Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.54 Cr
▼ 36% YoY
Net profit · FY 2025
₹88.37 Lakh
Net margin 2.3%
EBITDA · FY 2025
₹2.95 Cr
EBITDA margin 7.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹75,260
Issued & subscribed
Open charges
₹5.11 Cr
Satisfied ₹30 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
71
Provident fund records
About Verito Engineering Private Limited
Data last updated:
Verito Engineering Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial pumps and fluid systems segment of the machinery and industrial equipment sector. It was incorporated on 28 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28132GJ2017PTC098061. Its GSTIN is 24AAFCV9875Q1Z8 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹75,260. It is led by directors including Bhushan Kantilal Baviskar and Swapna Bhushan Baviskar.
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 Plot No – 02 Shrihari Plotting Nr. Express Highway Ramol Garnala Vatva GIDC Phase – IV, Ahmedabad, Gujarat, India – 382449.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.54 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹88.37 Lakh (net margin 2.3%) and EBITDA of ₹2.95 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 51% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Verito Engineering Private Limited. As per MCA filings, the company has open charges of ₹5.11 Cr and satisfied charges of ₹30 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Verito Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0065958). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritoengineering.com.
Company details
CIN U28132GJ2017PTC098061
Registration Number 098061
Incorporation Date 28 June 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0065958
CIN history
Verito Engineering has one previous CIN (Corporate Identification Number): U29308GJ2017PTC098061. The current CIN is U28132GJ2017PTC098061, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28132GJ2017PTC098061 | Current |
| U29308GJ2017PTC098061 | Previous |
Key People
Bhushan Kantilal Baviskar Director Swapna Bhushan Baviskar Director Dipali Samadhan Sonwane Director Recognitions & Rankings of Verito Engineering
Contact details
Verito Engineering Private Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressPlot No – 02 Shrihari Plotting Nr. Express Highway Ramol Garnala Vatva GIDC Phase – IV, Ahmedabad, Gujarat, India – 382449
- IndustryMachinery and Equipment, Industrial Pumps & Fluid Systems
Comprehensive company report
Verito Engineering 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
Verito Engineering operates one associated brand: Verito Engineering Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of agitators, dosing pumps, and chemical injection systems for industrial sectors. | veritoengineering.com |
Business activity
The main business activity of Verito Engineering 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 Verito Engineering Private Limited, buy the company report.
Financials of Verito Engineering Private Limited
FY 2025 filings availableVerito Engineering Private Limited reported revenue of ₹38.54 Cr (down 36% YoY) for FY 2025.
Revenue · FY 2025
₹38.54 Cr ▼ 36%
Net profit · FY 2025
₹88.37 Lakh margin 2.3%
EBITDA · FY 2025
₹2.95 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 41%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 133%
5 years · compounded
▲ 84%
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 34% 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 | ₹2.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹88.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Verito Engineering Private Limited, buy the company report.
Board of directors of Verito Engineering Private Limited
Verito Engineering has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Kantilal Baviskar | Director | 24 Mar 2018 | 8 Years 7 Months | Current |
| Swapna Bhushan Baviskar | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Dipali Samadhan Sonwane | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Samadhan Narayan Sonawane | Director | 28 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Verito Engineering Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Pumps), with 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 |
|---|---|---|---|---|---|---|
| PSP Pumps Private Limited | ₹39.8 Cr (FY 2025) | -6.0% | Kolhapur, Maharashtra, India | |||
| Verito Engineering Private Limitedthis company | ₹38.54 Cr (FY 2025) | ₹88.37 Lakh | 2.3% | -36.0% | Ahmedabad, Gujarat, India | |
| P P I Pumps Private Limited | ₹37.2 Cr (FY 2025) | -22.0% | Ahmedabad, Gujarat, India | |||
| Investa Pumps Private Limited | ₹36.85 Cr (FY 2025) | -29.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Verito Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.11 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2022 | 100582436 | Hdfc Bank Limited | ₹11.35 Lakh | Open | |
| 26 Apr 2022 | 100578483 | Others | ₹5 Cr | Open | |
| 10 Dec 2019 | 100308724 | Hdfc Bank Limited | ₹30 Lakh | Satisfied |
To see the full charge records of Verito Engineering Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Verito Engineering Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Verito Engineering 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 Verito Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Verito Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV9875Q1Z8 | Gujarat | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of Verito Engineering Private Limited, buy the company report.
Recent activity
Verito Engineering Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Dipali Samadhan Sonwane ceased to be Additional Director on 30 Sep 2022.
AGM
Verito Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Verito Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 500.00 Lakh registered on 26 Apr 2022 with Charge ID 100578483 was modified on 22 Mar 2024.
Ceased
Dipali Samadhan Sonwane ceased to be Additional Director.
Ceased
Swapna Bhushan Baviskar ceased to be Additional Director.
Charges
A charge registered on 10 Dec 2019 via Charge ID 100308724 with Hdfc Bank Limited was fully satisfied on 29 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.35 Lakh with Charge ID 100582436 was registered on 15 Jun 2022.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100578483 was registered on 26 Apr 2022.
Appointed
Dipali Samadhan Sonwane was appointed as Director.
Appointed
Swapna Bhushan Baviskar was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100308724 was registered on 10 Dec 2019.
Ceased
Bhushan Kantilal Baviskar ceased to be Additional Director.
4 earlier events are in the company report.
Frequently asked questions
Verito Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial pumps and fluid systems, within the machinery and equipment industry. It was incorporated on 28 June 2017 (9+ years old) and is registered under CIN U28132GJ2017PTC098061.
Verito Engineering has 4 current directors:
- Bhushan Kantilal Baviskar - Director
- Swapna Bhushan Baviskar - Director
- Dipali Samadhan Sonwane - Director
- Samadhan Narayan Sonawane - Director
The latest financial statements of Verito Engineering 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 FY 2018 are in the company report.
The GSTIN of Verito Engineering is 24AAFCV9875Q1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Verito Engineering is U28132GJ2017PTC098061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verito Engineering has 1 court case on record: 1 filed against it.
Verito Engineering was incorporated on 28 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Verito Engineering by revenue are PSP Pumps Private Limited, P P I Pumps Private Limited, Investa Pumps Private Limited, all in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Dipali Samadhan Sonwane ceased to be Additional Director on 30 Sep 2022. Swapna Bhushan Baviskar ceased to be Additional Director on 30 Sep 2022. Dipali Samadhan Sonwane was appointed as Director on 01 Dec 2021. Verito Engineering has 8 board changes on record in total.
Yes, Verito Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0065958).
Verito Engineering can be reached through the website veritoengineering.com. Its registered office is in Ahmedabad, Gujarat, India.
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