About Quill Electrotec Private Limited
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Quill Electrotec Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 05 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2012PTC070608. Its GSTIN is 24AAACQ2803N1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Banshri Mukeshbhai Dave and Bhavik Nikulbhai Shukla.
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 Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.54 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹38.21 Lakh (net margin -217.9%) and EBITDA of -₹38.07 Lakh (EBITDA margin -217.1%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quillelectrotec.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No.East/320 3rd Floor, Siddhraj Z Square Podar Lnternational School Road, Gandhinagar, Gujarat, India – 382421
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 of Quill Electrotec Private Limited
The main business activity of Quill Electrotec is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | 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 Quill Electrotec Private Limited FY 2025 filings available
Quill Electrotec Private Limited reported revenue of ₹17.54 Lakh (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Quill Electrotec Private Limited
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. 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 Quill Electrotec Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹38.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38.21 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 Quill Electrotec Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -217.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -217.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Quill Electrotec are in the company report.
Financial statements from 2015
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.
Peer Comparison of Quill Electrotec Private Limited
Quill Electrotec Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sungo Power Solution Private Limited | ₹17.73 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Gurgaon, Haryana, India |
| Cadtronics Services Private Limited | ₹17.72 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | New Delhi, Delhi, India |
| Shrih Trading Co Private Limited | ₹17.71 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Pushpraj Technologies (OPC) Private Limited | ₹17.71 Lakh (FY 2019) | •••• | •••• | •••• | Kaisar Bagh, Uttar Pradesh, India | |
| Raekken Smart Gadgets Private Limited | ₹17.62 Lakh (FY 2019) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Quill Electrotec Private Limited this company | ₹17.54 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Gandhinagar, Gujarat, India |
| Solarise Industries Private Limited | ₹17.51 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | Pune, Maharashtra, India |
| Electro Impex Private Limited | ₹17.47 Lakh (FY 2015) | •••• | •••• | -77.0% | •••• | Howrah, West Bengal, India |
| Utkal Lamp Works Pvt Ltd | ₹17.43 Lakh (FY 2018) | •••• | •••• | 9.0% | •••• | Mayurbhanj, Odisha, India |
| Pearline Electricals Private Limited | ₹17.41 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Iactive Technology Private Limited | ₹17.4 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Quill Electrotec by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Quill Electrotec Private Limited
Quill Electrotec Private Limited is audited by Ramani & Vasoya for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ramani & Vasoya | 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.
Board of Directors of Quill Electrotec Private Limited
Quill Electrotec has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Banshri Mukeshbhai Dave Also directs: Quill Industries Private Limited, Quill Technogear Private Limited | Director | 16 Nov 2021 | 4 Years 10 Months | Current |
| Bhavik Nikulbhai Shukla Also directs: Quill Industries Private Limited, Quill Technogear Private Limited | Director | 01 Dec 2012 | 13 Years 10 Months | Current |
Ownership and Shareholding of Quill Electrotec 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 Quill Electrotec Private Limited
Quill Electrotec Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Quill Electrotec Private Limited
Employment history and EPFO contributions of people linked to Quill Electrotec.
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 Quill Electrotec Private Limited
Quill Electrotec Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Banshri Mukeshbhai Dave was appointed as Director on 16 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Quill Electrotec 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 Quill Electrotec 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 Quill Electrotec 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 Quill Electrotec Private Limited
Quill Electrotec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ2803N1ZI | Gujarat | Active | 01 Jul 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 Quill Electrotec 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 Quill Electrotec Private Limited
Quill Electrotec is an active private limited company based in Gandhinagar, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 05 June 2012 (14+ years old) and is registered under CIN U31900GJ2012PTC070608.
Quill Electrotec reported revenue of ₹17.54 Lakh for FY 2025 (down 50% YoY).
Quill Electrotec has 2 current directors:
- Banshri Mukeshbhai Dave - Director
- Bhavik Nikulbhai Shukla - Director
Quill Electrotec reported a net loss of ₹38.21 Lakh (net margin -217.9%) and EBITDA of -₹38.07 Lakh (EBITDA margin -217.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quill Electrotec is 94% over three years and 20% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Quill Electrotec is 24AAACQ2803N1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Quill Electrotec is U31900GJ2012PTC070608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quill Electrotec was incorporated on 05 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Quill Electrotec by revenue are Sungo Power Solution Private Limited, Cadtronics Services Private Limited, Shrih Trading Co Private Limited, Pushpraj Technologies (OPC) Private Limited, Raekken Smart Gadgets Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Banshri Mukeshbhai Dave was appointed as Director on 16 Nov 2021. Marulkumar Javiya ceased to be Director on 16 Nov 2021. Manjulaben Rajesha Kumar Patel ceased to be Director on 18 May 2021. Quill Electrotec has 5 board changes on record in total.
Yes, Quill Electrotec is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).