
About Xenhester Innovation Private Limited
Data last updated:
Xenhester Innovation Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the home appliances segment of the electronics sector. It was incorporated on 28 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2020PTC113019. Its GSTIN is 24AAACX3220A1Z5 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harshidaben Jayantilal Patel and Milan Hansaliya.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.91 Lakh, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Lakh (net margin 8%) and EBITDA of ₹5.15 Lakh (EBITDA margin 32.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company is associated with 1 brand: XenHester.
Xenhester Innovation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0038349). For more details, the company can be reached via its website xenhester.com.
Company details
Recognitions & Rankings of Xenhester Innovation
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0038349
Contact details
Xenhester Innovation Private Limited's registered office is in Rajkot, Gujarat. Its website is xenhester.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Shed No – 1, Opp. Kr Engineering Street – 15A Samrat Industrial Area Main Road, Rajkot, Gujarat, India – 360004
- IndustryElectrnoics, Home Appliance, Electric Appliance, Manufacturing
To see the full contact details of Xenhester Innovation 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
Brands
Xenhester Innovation operates one associated brand: XenHester. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric motors and controllers for drones and EVs are manufactured. | xenhester.com |
Business activity
The main business activity of Xenhester Innovation is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Xenhester Innovation Private Limited, buy the company report.
Financials of Xenhester Innovation Private Limited
FY 2025 filings availableXenhester Innovation Private Limited reported revenue of ₹15.91 Lakh (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 59% growth in the latest year. EBITDA rose 367% 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 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 | ₹5.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.27 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.4% | ||||
| Net Profit Margin | 8% | ||||
| 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 Xenhester Innovation Private Limited, buy the company report.
Board of directors of Xenhester Innovation Private Limited
Xenhester Innovation 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 |
|---|---|---|---|---|
| Harshidaben Jayantilal Patel | Director | 16 Feb 2024 | 2 Years 8 Months | Current |
| Milan Hansaliya | Director | 28 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Xenhester Innovation Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Foxel Engineering Private Limited | ₹16.03 Lakh (FY 2024) | -44.0% | Thiruvananthapuram, Kerala, India | |||
| Senergyiot Private Limited | ₹16.03 Lakh (FY 2024) | -15.0% | Chennai, Tamil Nadu, India | |||
| Millturn Engineering Private Limited | ₹16.03 Lakh (FY 2022) | 5.0% | Thane, Maharashtra, India | |||
| Yashashvi Solutions Private Limited | ₹16 Lakh (FY 2017) | Jaipur, Rajasthan, India | ||||
| Trinic Electronics Private Limited | ₹15.96 Lakh (FY 2025) | -62.0% | Hyderabad, Telangana, India | |||
| Xenhester Innovation Private Limitedthis company | ₹15.91 Lakh (FY 2025) | ₹1.27 Lakh | 8% | 59.0% | Rajkot, Gujarat, India | |
| Datson Projects Private Limited | ₹15.91 Lakh (FY 2019) | 0.0% | Thane, Maharashtra, India | |||
| Kanad Vidyut Instruments Private Limited | ₹15.9 Lakh (FY 2025) | -65.0% | Pune, Maharashtra, India | |||
| Prajanan Solar Supply Private Limited | ₹15.87 Lakh (FY 2025) | 10.0% | Harnaut, Bihar, India | |||
| Armani Insulators Private Limited | ₹15.87 Lakh (FY 2025) | -44.0% | Bhor, Maharashtra, India | |||
| Gunkar Electrodes Private Limited | ₹15.84 Lakh (FY 2025) | 20.0% | Rampur, Uttar Pradesh, India |
To see the full peer comparison of Xenhester Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Xenhester Innovation 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 Xenhester Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Xenhester Innovation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACX3220A1Z5 | Gujarat | Active | 18 Sep 2021 |
To see the full GST registrations and return filing status of Xenhester Innovation Private Limited, buy the company report.
Recent activity
Xenhester Innovation Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Harshidaben Jayantilal Patel was appointed as Director on 16 Feb 2024.
Frequently asked questions
Xenhester Innovation is an active private limited company based in Rajkot, Gujarat, India. The company works in home appliance, within the electronics industry. It was incorporated on 28 February 2020 (6+ years old) and is registered under CIN U29308GJ2020PTC113019.
Xenhester Innovation has 2 current directors:
- Harshidaben Jayantilal Patel - Director
- Milan Hansaliya - Director
The latest financial statements of Xenhester Innovation 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 2020 are in the company report.
The GSTIN of Xenhester Innovation is 24AAACX3220A1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Xenhester Innovation is U29308GJ2020PTC113019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xenhester Innovation was incorporated on 28 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Xenhester Innovation by revenue are Foxel Engineering Private Limited, Senergyiot Private Limited, Millturn Engineering Private Limited, Yashashvi Solutions Private Limited, Trinic Electronics Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Harshidaben Jayantilal Patel was appointed as Director on 16 Feb 2024. Jaydeep Hematlal Viramgama ceased to be Director on 16 Feb 2024. Milan Hansaliya was appointed as Director on 28 Feb 2020.
Yes, Xenhester Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Xenhester Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0038349).
Xenhester Innovation can be reached through the website xenhester.com. Its registered office is in Rajkot, Gujarat, India.

