MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-23-0030885
Bharat Electrodrives Private Limited - consumer electronics & durables in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹191.48 Cr
▲ 55% YoY
Net profit · FY 2025
₹11.13 Cr
Net margin 5.8%
EBITDA · FY 2025
₹21.12 Cr
EBITDA margin 11%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.78 Cr
Issued & subscribed
Open charges
₹151.14 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
70
Provident fund records
About Bharat Electrodrives Private Limited
Data last updated:
Bharat Electrodrives Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31900MH2020PTC350745. Its GSTIN is 27ABECS9706K1ZU (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.78 Cr. It was formerly known as Starlite Electrodrive Private Limited and Starlite Electrodrives Private Limited. It is led by directors Ravindra Subhashchandra Bharati (Managing Director) and Arvind Kumar Didwania.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6 MIDC Satpur Trimbak Road Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2025, the company reported a revenue of ₹191.48 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹11.13 Cr (net margin 5.8%) and EBITDA of ₹21.12 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹151.14 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹46.68 Cr; the latest was in March 2025. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 613 overdue payments to 43 micro and small suppliers.
Bharat Electrodrives Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0030885). For more details, the company can be reached via its website sedpl.com.
Company details
CIN U31900MH2020PTC350745
Registration Number 350745
Incorporation Date 26 November 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-MH-23-0030885
Name history
Bharat Electrodrives has undergone 3 name changes throughout its history. The company was previously known as Starlite Electrodrive Private Limited, Starlite Electrodrives Private Limited, and Bharat Electrodrives Private Limited. The current legal name is Bharat Electrodrives Private Limited.
| Company Name | Status |
|---|---|
| Bharat Electrodrives Private Limited | Current |
| Starlite Electrodrive Private Limited | Previous |
| Starlite Electrodrives Private Limited | Previous |
Recognitions & Rankings of Bharat Electrodrives
Contact details
Bharat Electrodrives Private Limited's registered office is in Nashik, Maharashtra. Its website is sedpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 MIDC Satpur Trimbak Road Nashik, Maharashtra, India – 422007
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Bharat Electrodrives Private Limited, buy the company report.
Comprehensive company report
Bharat Electrodrives 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 Bharat Electrodrives 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 Bharat Electrodrives Private Limited, buy the company report.
Financials of Bharat Electrodrives Private Limited
FY 2025 filings availableBharat Electrodrives Private Limited reported revenue of ₹191.48 Cr (up 55% YoY) for FY 2025.
Revenue · FY 2025
₹191.48 Cr ▲ 55%
Net profit · FY 2025
₹11.13 Cr margin 5.8%
EBITDA · FY 2025
₹21.12 Cr margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 127%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 206%
Revenue has grown at a compounded annual rate (CAGR) of 127% over three years, including 55% growth in the latest year. EBITDA rose 71% 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 |
|---|---|---|---|---|---|
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹21.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.13 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 5.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bharat Electrodrives Private Limited, buy the company report.
Board of directors of Bharat Electrodrives Private Limited
Bharat Electrodrives has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Didwania | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Ravindra Subhashchandra Bharati Also directs: Lumalamp Limited, Bharat Ems Solutions Private Limited, Starlite Lamp Components Private Limited and 1 more | Managing Director | 26 Nov 2020 | 5 Years 11 Months | Current |
Auditor
Bharat Electrodrives Private Limited is audited by SANN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANN & CO | FY 2023 | 144916W |
Shareholding
The shareholding of Bharat Electrodrives Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bharat Electrodrives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹151.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2025 | 101147952 | Bank of India | ₹10 Cr | Open | |
| 26 Jul 2025 | 101147950 | Bank of India | ₹12.44 Cr | Open | |
| 08 Apr 2025 | 101081627 | Sidbi | ₹7.45 Cr | Open | |
| 20 Aug 2024 | 100968176 | Sidbi | ₹7.5 Cr | Open | |
| 21 Jun 2023 | 100741167 | Others | ₹30 Cr | Open |
To see the full charge records of Bharat Electrodrives Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Bharat Electrodrives Private Limited has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹46.68 Cr; the latest was in March 2025.
Total deals
5
Rights issues
2
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹46.68 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round | ₹45.68 Cr | Investors: Om Pramila Stocks Private Limited , 3 individuals |
| Apr 2024 | Funding round | ₹1 Cr | Investors: 4 individuals |
| Mar 2024 | Rights issue | ₹1 Cr | Investors: 2 individuals |
| Mar 2022 | Rights issue | ₹6.05 Cr | Investors: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bharat Electrodrives Private Limited has 2 court cases on record: 2 filed by Bharat Electrodrives. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The State of Maharashtra and Ors and 4 others | Disposed |
To see the full case history of Bharat Electrodrives Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Bharat Electrodrives Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 613 overdue payments to 43 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Paack in India | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Santosh Trading Co. |
To see the full MSME payment records of Bharat Electrodrives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bharat Electrodrives Private Limited has a workforce of 70 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
70
Active EPFO establishments
1
Employee growth
52.17%
GST
Bharat Electrodrives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABECS9706K1ZU | Maharashtra | Active | 01 Apr 2021 |
To see the full GST registrations and return filing status of Bharat Electrodrives Private Limited, buy the company report.
Recent activity
Bharat Electrodrives Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Marco Tamburini ceased to be Director on 26 Jun 2025.
AGM
Bharat Electrodrives Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 10.00 Cr with Charge ID 101147952 was registered on 26 Jul 2025.
Charges
A charge with Bank Of India amounted to Rs. 12.44 Cr with Charge ID 101147950 was registered on 26 Jul 2025.
Charges
A charge with State Bank Of India of Rs. 83.75 Cr registered on 01 Oct 2021 with Charge ID 100492842 was modified on 05 Jul 2025.
Ceased
Marco Tamburini ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 7.45 Cr with Charge ID 101081627 was registered on 08 Apr 2025.
Filing
Bharat Electrodrives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 100968176 was registered on 20 Aug 2024.
Charges
A charge with Others of Rs. 30.00 Cr registered on 21 Jun 2023 with Charge ID 100741167 was modified on 15 May 2024.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100741167 was registered on 21 Jun 2023.
Appointed
Marco Tamburini was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 83.75 Cr with Charge ID 100492842 was registered on 01 Oct 2021.
5 earlier events are in the company report.
Frequently asked questions
Bharat Electrodrives is an active private limited company based in Nashik, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 November 2020 (6+ years old) and is registered under CIN U31900MH2020PTC350745.
Bharat Electrodrives has 2 current directors:
- Ravindra Subhashchandra Bharati - Managing Director
- Arvind Kumar Didwania - Director
The latest financial statements of Bharat Electrodrives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Bharat Electrodrives is 27ABECS9706K1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bharat Electrodrives is U31900MH2020PTC350745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Electrodrives has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Bharat Electrodrives was incorporated on 26 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharat Electrodrives has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹46.68 Cr; the latest was in March 2025.
Marco Tamburini ceased to be Director on 26 Jun 2025. Marco Tamburini was appointed as Director on 21 Feb 2022. Shilpa Ravindra Bharati ceased to be Director on 03 Mar 2021. Bharat Electrodrives has 6 board changes on record in total.
Yes, Bharat Electrodrives is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-23-0030885).
Bharat Electrodrives has 6 MSME Form 1 returns on record between 2022 and 2024, listing 613 overdue payments to 43 micro and small suppliers. The latest return was filed on 21 Jun 2024.
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