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E-Ashwa Automotive Private Limited - automotive in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26 Cr
▲ 26% YoY
Net profit · FY 2025
₹9.36 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹71.4 Lakh
EBITDA margin 2.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
46
Provident fund records
About E-Ashwa Automotive Private Limited
Data last updated:
E-Ashwa Automotive Private Limited is a private limited company based in 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 20 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U35990DL2018PTC329666. Its GSTIN is 07AAECE9375M1ZZ (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Satpal Singh and Cinti Singh.
Its last annual general meeting (AGM) was held on 10 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 5/52 Basement Sect C Pkt – 5, Internal Road Vasant Kunj Near S P S School, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹26 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹9.36 Lakh (net margin 0.4%) and EBITDA of ₹71.4 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 100% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: e-Ashwa Automotive. As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 22 cases involving the company, including 1 filed by the company and 21 filed against it; 8 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in March 2022. Its 3 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 2 larger and 1 smaller; the largest is Evco Automobiles Private Limited with revenue of ₹27.93 Cr.
E-Ashwa Automotive Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0017416). For more details, the company can be reached via its website eashwa.com.
Company details
CIN U35990DL2018PTC329666
Registration Number 329666
Incorporation Date 20 February 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 November 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-DL-02-0017416
Key People
Satpal Singh Director Cinti Singh Director Recognitions & Rankings of E-Ashwa Automotive
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-02-0017416
Contact details
E-Ashwa Automotive Private Limited's registered office is in Delhi, Delhi. Its website is eashwa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 5/52 Basement Sect C Pkt – 5, Internal Road Vasant Kunj Near S P S School, Delhi, India – 110070
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of E-Ashwa Automotive Private Limited, buy the company report.
Comprehensive company report
E-Ashwa Automotive 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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Brands
E-Ashwa Automotive operates one associated brand: e-Ashwa Automotive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality multi-category electric vehicles. | eashwa.com |
Business activity
The main business activity of E-Ashwa Automotive is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of E-Ashwa Automotive Private Limited, buy the company report.
Financials of E-Ashwa Automotive Private Limited
FY 2025 filings availableE-Ashwa Automotive Private Limited reported revenue of ₹26 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹26 Cr ▲ 26%
Net profit · FY 2025
₹9.36 Lakh margin 0.4%
EBITDA · FY 2025
₹71.4 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▼ 20%
5 years · compounded
▲ 100%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 3%
5 years · compounded
▲ 109%
Revenue has grown at a compounded annual rate (CAGR) of 100% over five years, including 26% growth in the latest year. EBITDA fell 8% 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 | ₹71.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.36 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 | 2.7% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 E-Ashwa Automotive Private Limited, buy the company report.
Board of directors of E-Ashwa Automotive Private Limited
E-Ashwa Automotive has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satpal Singh | Director | 23 Jul 2018 | 8 Years 3 Months | Current |
| Cinti Singh Also directs: New Car Fuel Point LLP, Greencv Mobility Private Limited, E-Ashwa Automotive (Vadodara) Private Limited and 5 more | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
E-Ashwa Automotive Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Evco Automobiles Private Limited | ₹27.93 Cr (FY 2025) | 343.0% | Gurgaon, Haryana, India | |||
| Gaura Electric Vehicles Private Limited | ₹26.74 Cr (FY 2025) | 47.0% | Palani, Tamil Nadu, India | |||
| E-Ashwa Automotive Private Limitedthis company | ₹26 Cr (FY 2025) | ₹9.36 Lakh | 0.4% | 26.0% | Delhi, India | |
| Eco Evols Private Limited | ₹24.36 Cr (FY 2023) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of E-Ashwa Automotive Private Limited, buy the company report.
Auditor
E-Ashwa Automotive Private Limited is audited by SANDEEP R SHARMA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP R SHARMA & CO | FY 2022 | 508002 |
Shareholding
The shareholding of E-Ashwa Automotive Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of E-Ashwa Automotive Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2023 | 100749528 | Axis Bank Limited | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
E-Ashwa Automotive Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in March 2022.
Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹9 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹9 Lakh | Investors: 4 individuals |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
E-Ashwa Automotive Private Limited has 22 court cases on record: 1 filed by E-Ashwa Automotive, 21 filed against it. 8 cases are pending and 14 are disposed.
Total cases
22
Filed by the company
1
Filed against the company
21
Pending
8
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 8 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Acetel Enterprises P Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance India P. Ltd. | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Private Limited | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Shomi Libatt Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Private Limited | Pending |
To see the full case history of E-Ashwa Automotive 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
No delayed payments to MSME suppliers are on our record for E-Ashwa Automotive Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
E-Ashwa Automotive has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECE9375M1ZZ | Delhi | Active | 28 Apr 2018 |
| 09AAECE9375M1ZV | Uttar Pradesh | Active | 04 May 2018 |
| 06AAECE9375M1Z1 | Haryana | Active | 11 Apr 2021 |
| 20AAECE9375M1ZB | Jharkhand | Active | 22 Jan 2024 |
To see the full GST registrations and return filing status of E-Ashwa Automotive Private Limited, buy the company report.
Recent activity
E-Ashwa Automotive Private Limited has 17 board changes on record since 2018: 3 appointments and 14 cessations. The latest: Rajendra Kumar Tiwari ceased to be Additional Director on 21 Jul 2025.
AGM
E-Ashwa Automotive Private Limited last Annual general meeting of members was held on 10 Nov 2025 as per latest MCA records.
Ceased
Rajendra Kumar Tiwari ceased to be Additional Director.
Filing
E-Ashwa Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Surinder Chalana ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100749528 was registered on 13 Jul 2023.
Appointed
Abhinav Badola was appointed as CEO.
Ceased
Amreekh Singh ceased to be Additional Director.
Ceased
Cinti Singh ceased to be Additional Director.
Ceased
Vikas Gupta ceased to be Additional Director.
Ceased
Sudiksha Gupta ceased to be Director.
Ceased
Anuj Kumar ceased to be Additional Director.
Appointed
Cinti Singh was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
E-Ashwa Automotive is an active private limited company based in Delhi, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 20 February 2018 (8+ years old) and is registered under CIN U35990DL2018PTC329666.
E-Ashwa Automotive has 2 current directors:
- Satpal Singh - Director
- Cinti Singh - Director
The latest financial statements of E-Ashwa Automotive on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 November 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of E-Ashwa Automotive is 07AAECE9375M1ZZ, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AAECE9375M1ZV (Uttar Pradesh), 06AAECE9375M1Z1 (Haryana), 20AAECE9375M1ZB (Jharkhand).
The CIN (Corporate Identification Number) of E-Ashwa Automotive is U35990DL2018PTC329666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
E-Ashwa Automotive has 22 court cases on record: 1 filed by the company and 21 filed against it. 8 are pending. Most are in the district courts.
E-Ashwa Automotive was incorporated on 20 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
E-Ashwa Automotive has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in March 2022.
The peers of E-Ashwa Automotive by revenue are Evco Automobiles Private Limited, Gaura Electric Vehicles Private Limited, Eco Evols Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Rajendra Kumar Tiwari ceased to be Additional Director on 21 Jul 2025. Surinder Chalana ceased to be Additional Director on 29 Sep 2023. Abhinav Badola was appointed as CEO on 01 Oct 2022. E-Ashwa Automotive has 17 board changes on record in total.
Yes, E-Ashwa Automotive is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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