About Altius EV Tech Private Limited
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Altius EV Tech Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 05 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U50500DL2020PTC362620. Its GSTIN is 06AATCA3748H1ZC (Haryana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharti Arora and Rajiv Arora.
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 150 Dr. Muhkerjee Nagar Near Shiv Mandir, New Delhi, Delhi, India – 110009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.2 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹12.35 Lakh (net margin -10.3%) and EBITDA of -₹11.46 Lakh (EBITDA margin -9.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company is associated with 1 brand: Altius Ev Tech. The company has 1 deal on record (1 acquisition); the latest was in April 2024. Its 10 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles) are compared by revenue, 5 larger and 5 smaller; the largest is Jidosha Private Limited with revenue of ₹1.23 Cr.
For more details, the company can be reached via its website altiusevtech.com.
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- TelephoneLocked
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- Registered Address150 Dr. Muhkerjee Nagar Near Shiv Mandir, New Delhi, Delhi, India – 110009
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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 Altius EV Tech Private Limited
The main business activity of Altius EV Tech is manufacturing. In detail, this covers manufacture of motor vehicles, trailers and semi-trailers.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 29 | Manufacture of motor vehicles, trailers and semi-trailers | 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 Altius EV Tech Private Limited FY 2025 filings available
Altius EV Tech Private Limited reported revenue of ₹1.2 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Altius EV Tech Private Limited
Revenue fell 49% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 838% 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 Altius EV Tech 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 | -₹11.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.35 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 Altius EV Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -10.3% | •••• | •••• | •••• | •••• |
| 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 Altius EV Tech are in the company report.
Financial statements from FY 2020
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 Altius EV Tech Private Limited
Altius EV Tech Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jidosha Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| JBM EV Technologies Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | New Delhi, Delhi, India |
| Powertrans Mobility Limited | ₹1.21 Cr (FY 2024) | •••• | •••• | 541.0% | •••• | Ramapuram, Tamil Nadu, India |
| Iboard India Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Faridabad, Haryana, India |
| Viya Electric Private Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | 827.0% | •••• | Ahmedabad, Gujarat, India |
| Altius EV Tech Private Limited this company | ₹1.2 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | New Delhi, Delhi, India |
| Formula-Zero Electric Energy Private Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | 1296.0% | •••• | Chennai, Tamil Nadu, India |
| Nibe Automobile Limited | ₹1.17 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Khed, Maharashtra, India |
| Adris Electric Private Limited | ₹1.17 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | Noida, Gautam Budh Nagar, Uttar Pradesh, India |
| Green Victor Motor India Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Gurgaon, Haryana, India |
| Eco-Automotive Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Altius EV Tech by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Altius EV Tech Private Limited
Altius EV Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharti Arora | Director | 05 Mar 2020 | 6 Years 7 Months | Current |
| Rajiv Arora Also directs: Ramon EV LLP, Citius Emobility Tech Private Limited, Altius Auto Solutions Private Limited and 1 more | Director | 05 Mar 2020 | 6 Years 7 Months | Current |
Charges & Borrowings of Altius EV Tech Private Limited
Altius EV Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Altius EV Tech Private Limited
Altius EV Tech Private Limited has 1 deal on record (1 acquisition); the latest was in April 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Acquisition | Undisclosed | Buyer: Mercury Ev-Tech Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Altius EV Tech Private Limited
Altius EV Tech operates one associated brand: Altius Ev Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells electric bikes, scooters, rickshaws for sustainable transport. | altiusevtech.com |
Employees and EPFO Compliance at Altius EV Tech Private Limited
Employment history and EPFO contributions of people linked to Altius EV Tech.
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.
News related to Altius EV Tech Private Limited
Recent Activity on Altius EV Tech Private Limited
Altius EV Tech Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bharti Arora was appointed as Director on 05 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for Altius EV Tech 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 Altius EV Tech 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 Altius EV Tech 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 Altius EV Tech Private Limited
Altius EV Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AATCA3748H1ZC | Haryana | Active | 12 Sep 2020 |
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 Altius EV Tech 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 Altius EV Tech Private Limited
Altius EV Tech is an active private limited company based in New Delhi, Delhi, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 05 March 2020 (6+ years old) and is registered under CIN U50500DL2020PTC362620.
Altius EV Tech reported revenue of ₹1.2 Cr for FY 2025 (down 49% YoY).
Altius EV Tech has 2 current directors:
- Bharti Arora - Director
- Rajiv Arora - Director
Altius EV Tech reported a net loss of ₹12.35 Lakh (net margin -10.3%) and EBITDA of -₹11.46 Lakh (EBITDA margin -9.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Altius EV Tech is 4% over three years. In the latest year (FY 2025) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Altius EV Tech is 06AATCA3748H1ZC, registered in Haryana.
The CIN (Corporate Identification Number) of Altius EV Tech is U50500DL2020PTC362620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altius EV Tech was incorporated on 05 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Altius EV Tech has 1 deal on record (1 acquisition); the latest was in April 2024.
The peers of Altius EV Tech by revenue are Jidosha Private Limited, JBM EV Technologies Private Limited, Powertrans Mobility Limited, Iboard India Limited, Viya Electric Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Bharti Arora was appointed as Director on 05 Mar 2020. Rajiv Arora was appointed as Director on 05 Mar 2020.