MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0076732
Excelsource Industries Private Limited - consumer electronics & durables in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.91 Lakh
▼ 98% YoY
Net loss · FY 2024
₹64.4 Lakh
Latest filing
EBITDA · FY 2024
-₹62.6 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Excelsource Industries Private Limited
Data last updated:
Excelsource Industries Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Excelsource International Private Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 30 May 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2022PTC132490. Its GSTIN is 24AAHCE0683R1Z5 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Satyakirti Vijay Patil and Jayramrao Chandravadan Marathe.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 Sampatti Premises Sardar Baug Lane Nr Bombay Shopping Center Race Course, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.91 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹64.4 Lakh and EBITDA of -₹62.6 Lakh.
Excelsource Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0076732). For more details, the company can be reached via its website excelsource.co.in.
Company details
CIN U31900GJ2022PTC132490
Registration Number 132490
Incorporation Date 30 May 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Excelsource International Private Limited
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0076732
Key People
Satyakirti Vijay Patil Director Jayramrao Chandravadan Marathe Director Bhavesh Dhanvantray Buddhdev Director Recognitions & Rankings of Excelsource Industries
Contact details
Excelsource Industries Private Limited's registered office is in Vadodara, Gujarat. Its website is excelsource.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address201 Sampatti Premises Sardar Baug Lane Nr Bombay Shopping Center Race Course, Vadodara, Gujarat, India – 390007
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Excelsource Industries Private Limited, buy the company report.
Comprehensive company report
Excelsource Industries 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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Business activity
The main business activity of Excelsource Industries is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Excelsource Industries Private Limited, buy the company report.
Financials of Excelsource Industries Private Limited
FY 2025 filings availableExcelsource Industries Private Limited reported revenue of ₹4.91 Lakh (down 98% YoY) for FY 2024.
Revenue · FY 2024
₹4.91 Lakh ▼ 98%
Net loss · FY 2024
₹64.4 Lakh
EBITDA · FY 2024
-₹62.6 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 98%
Revenue fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹62.6 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹64.4 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Excelsource Industries Private Limited, buy the company report.
Board of directors of Excelsource Industries Private Limited
Excelsource Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyakirti Vijay Patil | Director | 23 May 2024 | 2 Years 5 Months | Current |
| Jayramrao Chandravadan Marathe | Director | 30 May 2022 | 4 Years 5 Months | Current |
| Bhavesh Dhanvantray Buddhdev Also directs: Tech Scout Labs LLP, Disruption Enablers Consortium LLP, Bright Agritrade LLP and 5 more | Director | 30 May 2022 | 4 Years 5 Months | Current |
Auditor
Excelsource Industries Private Limited is audited by N C VAISHNAV & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C VAISHNAV & CO | FY 2023 | 112712W |
Shareholding
The shareholding of Excelsource Industries Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Excelsource Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Excelsource Industries 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 Excelsource Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excelsource Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCE0683R1Z5 | Gujarat | Active | 27 Jun 2022 |
To see the full GST registrations and return filing status of Excelsource Industries Private Limited, buy the company report.
Recent activity
Excelsource Industries Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Satyakirti Vijay Patil ceased to be Additional Director on 29 Sep 2024.
AGM
Excelsource Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Excelsource Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Satyakirti Vijay Patil ceased to be Additional Director.
Appointed
Satyakirti Vijay Patil was appointed as Director.
Appointed
Bhavesh Dhanvantray Buddhdev was appointed as Director.
Appointed
Jayramrao Chandravadan Marathe was appointed as Director.
Incorporation
30 May 2022
Excelsource Industries Private Limited was registered on 30 May 2022 with Roc Ahmedabad & aged 4 years 5 months as per MCA records.
Frequently asked questions
Excelsource Industries is an active private limited company based in Vadodara, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 30 May 2022 (4+ years old) and is registered under CIN U31900GJ2022PTC132490.
Excelsource Industries has 3 current directors:
- Satyakirti Vijay Patil - Director
- Jayramrao Chandravadan Marathe - Director
- Bhavesh Dhanvantray Buddhdev - Director
The latest financial statements of Excelsource Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Excelsource Industries is 24AAHCE0683R1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Excelsource Industries is U31900GJ2022PTC132490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excelsource Industries was incorporated on 30 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Satyakirti Vijay Patil ceased to be Additional Director on 29 Sep 2024. Satyakirti Vijay Patil was appointed as Director on 23 May 2024. Bhavesh Dhanvantray Buddhdev was appointed as Director on 30 May 2022. Excelsource Industries has 4 board changes on record in total.
Yes, Excelsource Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0076732).
Excelsource Industries can be reached through the website excelsource.co.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Excelsource Industries is at 201 Sampatti Premises Sardar Baug Lane Nr Bombay Shopping Center Race Course, Vadodara, Gujarat, India – 390007.
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