
Escalar Cart Private Limited
About Escalar Cart Private Limited
Data last updated:
Escalar Cart Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC305696. Its GSTIN is 27AAECE9489Q1ZI (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Siddharth Mukut Sah and Komal Surendra Hiranandani.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 603/604 6th Floor Plot – 99 Niranjan Bldg Bhagwandastodibaludyanmarg Marine Drive, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.41 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹31.06 Lakh (net margin -62.9%) and EBITDA of -₹30.55 Lakh (EBITDA margin -61.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 59% over five years.
Company details
Recognitions & Rankings of Escalar Cart
Contact details
Escalar Cart Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address603/604 6th Floor Plot – 99 Niranjan Bldg Bhagwandastodibaludyanmarg Marine Drive, Mumbai, Maharashtra, India – 400002
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Escalar Cart 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 Escalar Cart is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Escalar Cart Private Limited, buy the company report.
Financials of Escalar Cart Private Limited
FY 2025 filings availableEscalar Cart Private Limited reported revenue of ₹49.41 Lakh (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA rose 7% 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 |
|---|---|---|---|---|---|
| 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 | -₹30.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.06 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -61.8% | ||||
| Net Profit Margin | -62.9% | ||||
| 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 Escalar Cart Private Limited, buy the company report.
Board of directors of Escalar Cart Private Limited
Escalar Cart has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Mukut Sah Also directs: Makewhale Designs Private Limited | Director | 27 Feb 2018 | 8 Years 8 Months | Current |
| Komal Surendra Hiranandani | Director | 27 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Escalar Cart Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURGA KRISHNAMURTHY & CO | FY 2023 | 008653S |
Shareholding
The shareholding of Escalar Cart Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Escalar Cart Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Escalar Cart 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 Escalar Cart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Escalar Cart has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE9489Q1ZI | Maharashtra | Active | 12 Apr 2018 |
To see the full GST registrations and return filing status of Escalar Cart Private Limited, buy the company report.
Recent activity
Escalar Cart Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Komal Surendra Hiranandani was appointed as Director on 27 Feb 2018.
Frequently asked questions
Escalar Cart is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 February 2018 (8+ years old) and is registered under CIN U74999MH2018PTC305696.
Escalar Cart has 2 current directors:
- Siddharth Mukut Sah - Director
- Komal Surendra Hiranandani - Director
The latest financial statements of Escalar Cart on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Escalar Cart is 27AAECE9489Q1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Escalar Cart is U74999MH2018PTC305696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Escalar Cart was incorporated on 27 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Komal Surendra Hiranandani was appointed as Director on 27 Feb 2018. Siddharth Mukut Sah was appointed as Director on 27 Feb 2018.
Yes, Escalar Cart is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Escalar Cart is at 603604 6th Floor Plot – 99 Niranjan Bldg Bhagwandastodibaludyanmarg Marine Drive, Mumbai, Maharashtra, India – 400002.
Escalar Cart operates in the e-commerce industry, in the general e-commerce platforms segment.

