Startup India Government of India
Epropelled Systems Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.9 Cr
▲ 4% YoY
Net profit · FY 2024
₹1.12 Cr
Net margin 10.3%
EBITDA · FY 2024
₹2.16 Cr
EBITDA margin 19.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
29
Provident fund records
Directors on board
4
As per MCA filings
About Epropelled Systems Private Limited
Data last updated:
Epropelled Systems Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Epropelled Inc Usa and recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 04 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2019FTC143175. Its GSTIN is 33AAFCE7345G1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Narotam Singh Grewal and Shanmugam Jayachandran.
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 Kg Pinnacle 1st And 2nd Floor 265/3 Gandhi Street, Adambakkam Chennai, Tamil Nadu, India – 600088.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.9 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 10.3%) and EBITDA of ₹2.16 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ePropelled.
Epropelled Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0011975). For more details, the company can be reached via its website epropelled.in.
Company details
CIN U74999TN2019FTC143175
Registration Number 143175
Incorporation Date 04 December 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Epropelled Inc Usa
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-08-0011975
CIN history
Epropelled Systems has one previous CIN (Corporate Identification Number): U74999MH2019FTC333989. The current CIN is U74999TN2019FTC143175, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TN2019FTC143175 | Current |
| U74999MH2019FTC333989 | Previous |
Key People
Narotam Singh Grewal Director Shanmugam Jayachandran Director Henry Francis Sullivan Brown Director Recognitions & Rankings of Epropelled Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0011975
Contact details
Epropelled Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is epropelled.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKg Pinnacle 1st And 2nd Floor 265/3 Gandhi Street, Adambakkam Chennai, Tamil Nadu, India – 600088
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Epropelled Systems Private Limited, buy the company report.
Comprehensive company report
Epropelled Systems 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
Epropelled Systems operates one associated brand: ePropelled. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and delivers motors for drones, ground, and surface uncrewed vehicles. | epropelled.com |
Business activity
The main business activity of Epropelled Systems is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Epropelled Systems Private Limited, buy the company report.
Financials of Epropelled Systems Private Limited
FY 2024 filings availableEpropelled Systems Private Limited reported revenue of ₹10.9 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹10.9 Cr ▲ 4%
Net profit · FY 2024
₹1.12 Cr margin 10.3%
EBITDA · FY 2024
₹2.16 Cr margin 19.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 62%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 112%
Revenue has grown at a compounded annual rate (CAGR) of 62% over three years, including 4% growth in the latest year. EBITDA fell 10% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Epropelled Systems Private Limited, buy the company report.
Board of directors of Epropelled Systems Private Limited
Epropelled Systems has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narotam Singh Grewal Also directs: Epropelled Innovations Private Limited | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
| Shanmugam Jayachandran | Director | 16 Mar 2023 | 3 Years 7 Months | Current |
| Henry Francis Sullivan Brown Also directs: Epropelled Innovations Private Limited | Director | 21 Nov 2024 | 1 Years 11 Months | Current |
| Sankaranarayanan Chitra Also directs: Epropelled Innovations Private Limited | Director | 21 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Epropelled Systems Private Limited is audited by ASA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASA & ASSOCIATES LLP | FY 2023 | 009571N |
Shareholding
The shareholding of Epropelled Systems Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Epropelled Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Epropelled Systems 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 Epropelled Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Epropelled Systems Private Limited has a workforce of 29 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
-6.45%
GST
Epropelled Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCE7345G1ZQ | Tamil Nadu | Active | 13 Jan 2020 |
To see the full GST registrations and return filing status of Epropelled Systems Private Limited, buy the company report.
Recent activity
Epropelled Systems Private Limited has 13 board changes on record since 2019: 4 appointments and 9 cessations. The latest: Henry Francis Sullivan Brown ceased to be Additional Director on 29 Sep 2025.
Ceased
Henry Francis Sullivan Brown ceased to be Additional Director.
Ceased
Sankaranarayanan Chitra ceased to be Additional Director.
Appointed
Henry Francis Sullivan Brown was appointed as Director.
Appointed
Sankaranarayanan Chitra was appointed as Director.
AGM
Epropelled Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Shanmugam Jayachandran ceased to be Additional Director.
Filing
Epropelled Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Timothy Richard Quaglieri ceased to be Director.
Appointed
Shanmugam Jayachandran was appointed as Director.
Ceased
Thiruppathy Srinivasan ceased to be Additional Director.
Ceased
Kulwant Singh Grewal ceased to be Director.
Ceased
Nabeel Ahmed Shirazhi ceased to be Director.
4 earlier events are in the company report.
News
Frequently asked questions
Epropelled Systems is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 04 December 2019 (7+ years old) and is registered under CIN U74999TN2019FTC143175.
Epropelled Systems has 4 current directors:
- Narotam Singh Grewal - Director
- Shanmugam Jayachandran - Director
- Henry Francis Sullivan Brown - Director
- Sankaranarayanan Chitra - Director
The latest financial statements of Epropelled Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Epropelled Systems is 33AAFCE7345G1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Epropelled Systems is U74999TN2019FTC143175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epropelled Systems was incorporated on 04 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Henry Francis Sullivan Brown ceased to be Additional Director on 29 Sep 2025. Sankaranarayanan Chitra ceased to be Additional Director on 29 Sep 2025. Henry Francis Sullivan Brown was appointed as Director on 21 Nov 2024. Epropelled Systems has 13 board changes on record in total.
Yes, Epropelled Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Epropelled Systems is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0011975).
Epropelled Systems can be reached through the website epropelled.in. Its registered office is in Chennai, Tamil Nadu, India.
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