Essential Innovations Enterprises Private Limited
About Essential Innovations Enterprises Private Limited
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Essential Innovations Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 04 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2016PTC283241. Its GSTIN is 27AAECE3237A1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shilpa Rajesh Kothari and Rajesh Ramniklal Kothari.
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 3 – B Matru Mandir 278 Tardeo Road, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.44 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹7.67 Lakh (net margin 2.2%) and EBITDA of ₹18.26 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 45% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address3 – B Matru Mandir 278 Tardeo Road, Mumbai, Maharashtra, India – 400007
- IndustryConsumer Goods, Accessories Retail & Distribution
- 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
Business Activity of Essential Innovations Enterprises Private Limited
The main business activity of Essential Innovations Enterprises is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Essential Innovations Enterprises Private Limited FY 2024 filings available
Essential Innovations Enterprises Private Limited reported revenue of ₹3.44 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Essential Innovations Enterprises Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA fell 30% 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 Essential Innovations Enterprises 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 | ₹18.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.67 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 of Essential Innovations Enterprises Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Essential Innovations Enterprises are in the company report.
Financial statements from FY 2017
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 Essential Innovations Enterprises Private Limited
Essential Innovations Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Rajesh Kothari Also directs: Pillarcraft Exporters Pvt Ltd | Director | 04 Jul 2016 | 10 Years 3 Months | Current |
| Rajesh Ramniklal Kothari Also directs: Pillarcraft Exporters Pvt Ltd | Director | 04 Jul 2016 | 10 Years 3 Months | Current |
Peer Comparison of Essential Innovations Enterprises Private Limited
Essential Innovations Enterprises Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Accessories Retail and Distribution, Medical Consumables, Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adityapur Auto Cluster | ₹3.44 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Jamshedpur, Jharkhand, India |
| Savgen India Private Limited | ₹3.44 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | New Delhi, Delhi, India |
| Autus Corporate Mentors Private Limited | ₹3.44 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Ces Analytical and Research Services India Private Limited | ₹3.44 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Bhopal, Madhya Pradesh, India |
| Poweronic Test & Research Centre Private Limited | ₹3.44 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Noida, Uttar Pradesh, India |
| Essential Innovations Enterprises Private Limited this company | ₹3.44 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Globecast India Private Limited | ₹3.43 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | New Delhi, Delhi, India |
| Spdesign Studio Private Limited | ₹3.43 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Delhi, India |
| Gama Industrial Services Private Limited | ₹3.43 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Mangalore, Karnataka, India |
| Matha Social Communications Limited | ₹3.43 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Auricle Vibration Services Private Limited | ₹3.43 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Essential Innovations Enterprises by revenue in the Consumer Services industry (Accessories Retail and Distribution, Medical Consumables, Professional Services), 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 Essential Innovations Enterprises Private Limited
Essential Innovations Enterprises Private Limited is audited by P J SIDPARA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P J SIDPARA | 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 Essential Innovations Enterprises 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 Essential Innovations Enterprises Private Limited
Essential Innovations Enterprises Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Essential Innovations Enterprises Private Limited
Employment history and EPFO contributions of people linked to Essential Innovations Enterprises.
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 Essential Innovations Enterprises Private Limited
Essential Innovations Enterprises Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Vatsal Pradeep Shah ceased to be Additional Director on 30 Apr 2024.
Credit Ratings, Litigation & Regulatory Alerts for Essential Innovations Enterprises 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.
MSME Payment Delays by Essential Innovations Enterprises Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Essential Innovations Enterprises 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 Essential Innovations Enterprises Private Limited
Essential Innovations Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE3237A1Z5 | Maharashtra | Active | 02 Aug 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 Essential Innovations Enterprises 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 Essential Innovations Enterprises Private Limited
Essential Innovations Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 04 July 2016 (10+ years old) and is registered under CIN U51909MH2016PTC283241.
Essential Innovations Enterprises reported revenue of ₹3.44 Cr for FY 2024 (down 5% YoY).
Essential Innovations Enterprises has 2 current directors:
- Shilpa Rajesh Kothari - Director
- Rajesh Ramniklal Kothari - Director
Essential Innovations Enterprises reported a net profit of ₹7.67 Lakh (net margin 2.2%) and EBITDA of ₹18.26 Lakh (EBITDA margin 5.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Essential Innovations Enterprises is -5% over three years and 45% over five years. In the latest year (FY 2024) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Essential Innovations Enterprises is 27AAECE3237A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Essential Innovations Enterprises is U51909MH2016PTC283241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essential Innovations Enterprises was incorporated on 04 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Essential Innovations Enterprises by revenue are Adityapur Auto Cluster, Savgen India Private Limited, Autus Corporate Mentors Private Limited, Ces Analytical and Research Services India Private Limited, Poweronic Test & Research Centre Private Limited and 5 more, all in the Consumer Services industry (Accessories Retail and Distribution, Medical Consumables, Professional Services).
Vatsal Pradeep Shah ceased to be Additional Director on 30 Apr 2024. Vatsal Pradeep Shah was appointed as Additional Director on 09 Aug 2023. Rajesh Ramniklal Kothari was appointed as Director on 04 Jul 2016. Essential Innovations Enterprises has 4 board changes on record in total.
The registered office of Essential Innovations Enterprises is at 3 – B Matru Mandir 278 Tardeo Road, Mumbai, Maharashtra, India – 400007.