About Eco Pallet Private Limited
Data last updated:
Eco Pallet Private Limited is a private limited company based in Doddaballapura, Karnataka, India, a subsidiary of M/S The Accend Group Holdings, Inc. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25200KA2015PTC079758. Its GSTIN is 29AADCE9273D1ZG (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.56 Cr. It is led by directors including Priya Prakash (Managing Director) and Michael Bruce Mabey.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.1 KIADB Industrial Area Doddaballapura Bashettyhalli Village Kasaba Hobli, Karnataka, India – 561203.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.3 Cr, a growth of 138% compared to the previous year. For the same year it recorded a net loss of ₹11.16 Cr (net margin -120.1%) and EBITDA of -₹11.12 Cr (EBITDA margin -119.6%). Revenue has grown at a compounded annual rate (CAGR) of 286% over three years and 95% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Eco Pallet. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.4 Cr; the latest was in January 2022. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is LM International Private Limited with revenue of ₹9.33 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 4 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecopallet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.1 KIADB Industrial Area Doddaballapura Bashettyhalli Village Kasaba Hobli, Karnataka, India – 561203
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
Associated Brands with Eco Pallet Private Limited
Eco Pallet operates one associated brand: ECO PALLET. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of pallets and services | ecopallet.com |
Business Activity of Eco Pallet Private Limited
The main business activity of Eco Pallet is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Eco Pallet Private Limited FY 2024 filings available
Eco Pallet Private Limited reported revenue of ₹9.3 Cr (up 138% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Eco Pallet Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 95% over five years, including 138% growth in the latest year. EBITDA fell 20% 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 Eco Pallet Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹11.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.16 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 Eco Pallet Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -119.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -120.1% | •••• | •••• | •••• | •••• |
| 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 Eco Pallet are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Eco Pallet Private Limited
Eco Pallet has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Bruce Mabey | Director | 28 Mar 2018 | 8 Years 6 Months | Current |
| Cameron Read Hellewell | Director | 08 May 2023 | 3 Years 5 Months | Current |
| Priya Prakash Also directs: Amazing Indian Story Private Limited | Managing Director | 09 Apr 2015 | 11 Years 6 Months | Current |
| Bruce Jonathan Mabey Also directs: Pro Pallet World Private Limited | Director | 01 Mar 2022 | 4 Years 7 Months | Current |
Peer Comparison of Eco Pallet Private Limited
Eco Pallet Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| LM International Private Limited | ₹9.33 Cr (FY 2025) | •••• | •••• | •••• | Sakchi, Jharkhand, India | |
| Technoventor Innovations Private Limited | ₹9.33 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Nagpur, Maharashtra, India |
| Savior Energy Systems Private Limited | ₹9.31 Cr (FY 2018) | •••• | •••• | 120.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Phoenix Mixer India Private Limited | ₹9.31 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Thane, Maharashtra, India |
| Sarjan Watertech India Private Limited | ₹9.3 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Ahmedabad, Gujarat, India |
| Eco Pallet Private Limited this company | ₹9.3 Cr (FY 2024) | •••• | •••• | 138.0% | •••• | Doddaballapura, Karnataka, India |
| Tounetsu India Private Limited | ₹9.29 Cr (FY 2023) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Burman Vessels Private Limited | ₹9.29 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Dai-Chi Cooling Solutions Private Limited | ₹9.29 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Agro Hardware Industries Private Limited | ₹9.28 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Amritsar, Punjab, India |
| Fabsmith India Private Limited | ₹9.28 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Eco Pallet by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Eco Pallet Private Limited
Eco Pallet Private Limited is audited by R S S N & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R S S N & Associates | 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.
Ownership and Shareholding of Eco Pallet 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 Eco Pallet Private Limited
Eco Pallet Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Eco Pallet Private Limited
Eco Pallet Private Limited has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.4 Cr; the latest was in January 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Rights issue | ₹14.71 Cr | Investors: The Accend Group Holdings Inc |
| Jul 2020 | Rights issue | ₹11.21 Cr | Investors: The Accend Group Holdings Inc |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: The Accend Group Holdings Inc Seller: an individual |
| Oct 2018 | Rights issue | ₹5.31 Cr | Investors: The Accend Group Holdings Inc |
| Apr 2017 | Rights issue | ₹3.63 Cr | Investors: The Accend Group Holdings Inc |
Full deal history
All 7 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 Eco Pallet Private Limited
Eco Pallet Private Limited has 3 court cases on record: 3 filed by Eco Pallet. 2 cases are pending and 1 is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Stacus Solution Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Stacus Solution Private Limited | Disposed |
Full case history
All 3 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.
MSME Payment Delays by Eco Pallet Private Limited
Eco Pallet Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| H.T.Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Eco Pallet Private Limited
Eco Pallet Private Limited has a workforce of 69 employees as of Apr 07, 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.
Recent Activity on Eco Pallet Private Limited
Eco Pallet Private Limited has 8 board changes on record since 2015: 4 appointments and 4 cessations. The latest: Cameron Read Hellewell ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Eco Pallet 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.
Subsidiaries & Group Companies of Eco Pallet 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 Eco Pallet Private Limited
Eco Pallet has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCE9273D1ZG | Karnataka | 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 Eco Pallet 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 Eco Pallet Private Limited
Eco Pallet is an active private limited company based in Doddaballapura, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 April 2015 (11+ years old) and is registered under CIN U25200KA2015PTC079758.
Eco Pallet reported revenue of ₹9.3 Cr for FY 2024 (up 138% YoY).
Eco Pallet has 4 current directors:
- Priya Prakash - Managing Director
- Michael Bruce Mabey - Director
- Cameron Read Hellewell - Director
- Bruce Jonathan Mabey - Director
Eco Pallet reported a net loss of ₹11.16 Cr (net margin -120.1%) and EBITDA of -₹11.12 Cr (EBITDA margin -119.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Eco Pallet is 286% over three years and 95% over five years. In the latest year (FY 2024) revenue rose 138%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Eco Pallet is 29AADCE9273D1ZG, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Eco Pallet is U25200KA2015PTC079758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eco Pallet has 3 court cases on record: 3 filed by the company. 2 are pending.
Eco Pallet was incorporated on 09 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Eco Pallet has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.4 Cr; the latest was in January 2022.
The peers of Eco Pallet by revenue are LM International Private Limited, Technoventor Innovations Private Limited, Savior Energy Systems Private Limited, Phoenix Mixer India Private Limited, Sarjan Watertech India Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Cameron Read Hellewell ceased to be Additional Director on 29 Sep 2023. Cameron Read Hellewell was appointed as Director on 08 May 2023. Bruce Jonathan Mabey was appointed as Director on 01 Mar 2022. Eco Pallet has 8 board changes on record in total.