Ecotrics Financial Services Private Limited

Ecotrics Financial Services Private Limited - financial services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U67190KA2018PTC111835 Incorporated 02 April 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company financial services
Revenue · FY 2022
₹83,793
▲ 13.33% YoY
Net profit · FY 2022
₹72,793
Net margin 86.9%
EBITDA · FY 2022
₹72,793
EBITDA margin 86.9%
Authorised capital
₹10,000
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Last financials
Mar 2022
Balance sheet date

About Ecotrics Financial Services Private Limited

Data last updated:

Ecotrics Financial Services Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial auxiliary services segment of the financial services sector. It was incorporated on 02 April 2018.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2018PTC111835.

The company had an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It was led by directors including Kumar Saurabh and Kaushal Anand.

Its last annual general meeting (AGM) was held on 07 July 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at No.51 Sarahouse 27 Thmain1Stcross Btmlayout1Ststage, Bangalore, Karnataka, India – 560068.

As per the financials filed for FY 2022, the company reported a revenue of ₹83,793. For the same year it recorded a net profit of ₹72,793 (net margin 86.9%) and EBITDA of ₹72,793 (EBITDA margin 86.9%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years.

Company details

CIN U67190KA2018PTC111835
Registration Number 111835
Incorporation Date 02 April 2018
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off

Contact details

Ecotrics Financial Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.51 Sarahouse 27 Thmain1Stcross Btmlayout1Ststage, Bangalore, Karnataka, India – 560068
  • Industry
    Financial Services, Auxiliary To Financial Intermediatory

To see the full contact details of Ecotrics Financial Services Private Limited, buy the company report.

Comprehensive company report
Ecotrics Financial Services 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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Financials of Ecotrics Financial Services Private Limited

FY 2022 filings available

Ecotrics Financial Services Private Limited reported revenue of ₹83,793 for FY 2022.

Revenue · FY 2022
₹83,793
Net profit · FY 2022
₹72,793 margin 86.9%
EBITDA · FY 2022
₹72,793 margin 86.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 64%
EBITDA CAGR growth
1 year
▲ 676%
3 years · compounded
▲ 37%

Revenue has declined at a compounded annual rate (CAGR) of 64% over three years. EBITDA rose 676% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹72,793
Profit Before Tax
Tax Expense
Net Profit (PAT)₹72,793
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin86.9%
Net Profit Margin86.9%
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 Ecotrics Financial Services Private Limited, buy the company report.

Board of directors of Ecotrics Financial Services Private Limited

Ecotrics Financial Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kumar SaurabhDirector02 Apr 20188 Years 7 MonthsAs last reported
Kaushal AnandDirector02 Apr 20188 Years 7 MonthsAs last reported
Keshav KantDirector02 Apr 20188 Years 7 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ecotrics Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Ecotrics Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ecotrics Financial Services Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Keshav Kant ceased to be Director on 12 Jun 2021.

AGM
Ecotrics Financial Services Private Limited last Annual general meeting of members was held on 07 Jul 2022 as per latest MCA records.
Filing
Ecotrics Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Keshav Kant ceased to be Director.
Appointed
Kaushal Anand was appointed as Director.
Appointed
Keshav Kant was appointed as Director.
Appointed
Kumar Saurabh was appointed as Director.
Incorporation
02 Apr 2018
Ecotrics Financial Services Private Limited was registered on 02 Apr 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.

Frequently asked questions

Ecotrics Financial Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Ecotrics Financial Services was a private limited company based in Bangalore, Karnataka, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 02 April 2018 and is registered under CIN U67190KA2018PTC111835. The company has been struck off by the Registrar of Companies and is no longer operational.

Ecotrics Financial Services had 3 directors:

The CIN (Corporate Identification Number) of Ecotrics Financial Services is U67190KA2018PTC111835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Ecotrics Financial Services is at No.51 Sarahouse 27 Thmain1Stcross Btmlayout1Ststage, Bangalore, Karnataka, India – 560068.

Ecotrics Financial Services was incorporated on 02 April 2018. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Ecotrics Financial Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 07 July 2022. Year-wise statements from FY 2019 are in the company report.

Ecotrics Financial Services operated in the financial services industry, in the auxiliary to financial intermediatory segment. It worked in this industry before it was struck off.

Keshav Kant ceased to be Director on 12 Jun 2021. Kaushal Anand was appointed as Director on 02 Apr 2018. Keshav Kant was appointed as Director on 02 Apr 2018. Ecotrics Financial Services has 4 board changes on record in total.

Ecotrics Financial Services can be reached at its registered office: No.51 Sarahouse 27 Thmain1Stcross Btmlayout1Ststage, Bangalore, Karnataka, India – 560068.