
Avatar Innovatives Private Limited
About Avatar Innovatives Private Limited
Data last updated:
Avatar Innovatives Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2012PTC237701. Its GSTIN is 29AALCA0715E1ZX (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17 Lakh. It was formerly known as Avatar Power Private Limited. It is led by directors Girdhargopal Ramratan Jalani and Kusum Girdhargopal Jalani.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at El – 74/75 Electronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.06 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹8.04 Lakh (net margin 3.9%) and EBITDA of ₹17.79 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 142% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Avatar Innovatives has one previous CIN (Corporate Identification Number): U31908MH2012PTC237701. The current CIN is U52100MH2012PTC237701, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100MH2012PTC237701 | Current |
| U31908MH2012PTC237701 | Previous |
Contact details
Avatar Innovatives Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressEl – 74/75 Electronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400701
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Avatar Innovatives Private Limited, buy the company report.
- 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 Avatar Innovatives 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 Avatar Innovatives Private Limited, buy the company report.
Financials of Avatar Innovatives Private Limited
FY 2020 filings availableAvatar Innovatives Private Limited reported revenue of ₹2.06 Cr (down 63% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 142%. EBITDA fell 49% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.04 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 Avatar Innovatives Private Limited, buy the company report.
Board of directors of Avatar Innovatives Private Limited
Avatar Innovatives has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girdhargopal Ramratan Jalani | Director | 27 Jun 2018 | 8 Years 4 Months | Current |
| Kusum Girdhargopal Jalani | Director | 27 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Avatar Innovatives Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Prag Electricals Pvt. Ltd. | ₹5.62 Cr (FY 2022) | -1.0% | Guwahati, Assam, India | |||
| Capri Sales and Services Private Limited | ₹5.61 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Elezer Automation India Private Limited | ₹5.61 Cr (FY 2024) | 85.0% | Pune, Maharashtra, India | |||
| Isotech India Private Limited | ₹5.59 Cr (FY 2025) | -25.0% | Gurgaon, Haryana, India | |||
| Deltek Power Lines Private Limited (Part IX) | ₹5.59 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Voltmark Transformer Components Private Limited | ₹5.59 Cr (FY 2025) | 17.0% | Dhamdha, Chhattisgarh, India | |||
| Vrix Electric India Private Limited | ₹5.59 Cr (FY 2024) | -18.0% | New Delhi, Delhi, India | |||
| Avatar Innovatives Private Limitedthis company | ₹2.06 Cr (FY 2020) | ₹8.04 Lakh | 3.9% | -63.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Avatar Innovatives Private Limited, buy the company report.
Auditor
Avatar Innovatives Private Limited is audited by AWINASH VERMA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AWINASH VERMA & ASSOCIATES | FY 2019 | 117277W |
Shareholding
The shareholding of Avatar Innovatives Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Avatar Innovatives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avatar Innovatives Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avatar Innovatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avatar Innovatives has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA0715E1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avatar Innovatives Private Limited, buy the company report.
Recent activity
Avatar Innovatives Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Nikhil Girdhar Jalan ceased to be Director on 15 Jul 2018.
Frequently asked questions
Avatar Innovatives is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 November 2012 (14+ years old) and is registered under CIN U52100MH2012PTC237701.
Avatar Innovatives has 2 current directors:
- Girdhargopal Ramratan Jalani - Director
- Kusum Girdhargopal Jalani - Director
The latest financial statements of Avatar Innovatives on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Avatar Innovatives is 29AALCA0715E1ZX, registered in Karnataka. 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 Avatar Innovatives is U52100MH2012PTC237701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avatar Innovatives was incorporated on 08 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avatar Innovatives by revenue are Prag Electricals Pvt. Ltd, Capri Sales and Services Private Limited, Elezer Automation India Private Limited, Isotech India Private Limited, Deltek Power Lines Private Limited (Part IX) and 2 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nikhil Girdhar Jalan ceased to be Director on 15 Jul 2018. Pankhuri Nikhil Jalan ceased to be Director on 15 Jul 2018. Girdhargopal Ramratan Jalani was appointed as Director on 27 Jun 2018. Avatar Innovatives has 7 board changes on record in total.
The registered office of Avatar Innovatives is at El – 7475 Electronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400701.
Avatar Innovatives operates in the energy and power industry, in the power equipment manufacturers segment.
The compliance status of Avatar Innovatives is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.

