About E Cube India Solutions Limited
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E Cube India Solutions Limited is a public limited company based in Padra, Gujarat, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 16 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U30000GJ2000PLC038530.
The company has an authorised share capital of ₹14.3 Cr and a paid-up capital of ₹14.15 Cr. It is led by directors Ashesh Jitendra Shah (Managing Director) and Ankit Ashesh Shah.
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 Plot No – 1117 Near Abhor Char Rasta Padra – Jambusar Road Masar, Gujarat, India – 391421.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.1 Lakh. For the same year it recorded a net profit of ₹4.84 Lakh (net margin 40%) and EBITDA of ₹11.86 Lakh (EBITDA margin 98%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company is associated with 1 brand: E Cube India. As per MCA filings, the company has satisfied charges of ₹5.63 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹10.95 Cr; the latest was in March 2021. Its 10 peer companies in the Machinery and Equipment industry (Application Development, Process Machinery) are compared by revenue, 5 larger and 5 smaller; the largest is Ecomscience Consulting Private Limited with revenue of ₹12.15 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website e3india.com.
Company details
Contact details
E Cube India Solutions Limited's registered office is in Padra, Gujarat. Its website is e3india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No – 1117 Near Abhor Char Rasta Padra – Jambusar Road Masar, Gujarat, India – 391421
- IndustryElectrical, Electrical Equipment, Transport Equipment, General Purpose And Special Purpose Machinery & Equipment
To see the full contact details of E Cube India Solutions 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
E Cube India Solutions operates one associated brand: E Cube India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality vending machines and POS terminals. | e3india.com |
Financials of E Cube India Solutions Limited
FY 2025 filings availableE Cube India Solutions Limited reported revenue of ₹12.1 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years. EBITDA rose 330% 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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| EBITDA | ₹11.86 Lakh | ||||
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| Net Profit (PAT) | ₹4.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 98% | ||||
| Net Profit Margin | 40% | ||||
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To see the full financial statements and ratios of E Cube India Solutions Limited, buy the company report.
Board of directors and KMP of E Cube India Solutions Limited
E Cube India Solutions Limited currently reports 2 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Ashesh Shah | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Charulata Ashesh Shah | Cfo | 28 Sep 2019 | 7 Years 1 Months | Current |
| Ashesh Jitendra Shah | Managing Director | 16 Aug 2000 | 26 Years 2 Months | Current |
Peer comparison
E Cube India Solutions Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Application Development, Process Machinery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ecomscience Consulting Private Limited | ₹12.15 Lakh (FY 2024) | 28.0% | Bangalore, Karnataka, India | |||
| Indian Jute Machinery Research & Development | ₹12.14 Lakh (FY 2024) | -85.0% | Kolkata, West Bengal, India | |||
| Crisro Solutions Private Limited | ₹12.13 Lakh (FY 2025) | 32.0% | Pune, Maharashtra, India | |||
| Chloro Controls (India) Private Limited | ₹12.13 Lakh (FY 2021) | 1.0% | Mumbai, Maharashtra, India | |||
| Gruzen Innovations Private Limited | ₹12.12 Lakh (FY 2024) | -7.0% | Pune, Maharashtra, India | |||
| E Cube India Solutions Limitedthis company | ₹12.1 Lakh (FY 2025) | ₹4.84 Lakh | 40% | Padra, Gujarat, India | ||
| Narayankrupa Tenstones Private Limited | ₹12.08 Lakh (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Zadgaonkars' Software Private Limited | ₹12.08 Lakh (FY 2022) | 16.0% | Nagpur, Maharashtra, India | |||
| Arulmigu Sri Rajarajesvari Chitfund Private Limited | ₹12.07 Lakh (FY 2023) | -15.0% | Tirunelveli, Tamil Nadu, India | |||
| Noida Valley Technologies Private Limited | ₹12.07 Lakh (FY 2018) | Delhi, India | ||||
| Ivs Softtech Private Limited | ₹12.06 Lakh (FY 2024) | 10.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of E Cube India Solutions Limited, buy the company report.
Auditor
E Cube India Solutions Limited is audited by Parekh Jajal & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Parekh Jajal & Co. | FY 2015 |
Shareholding
The shareholding of E Cube India Solutions Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of E Cube India Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2012 | 10334911 | Bank of Baroda | ₹12.87 Lakh | Satisfied | |
| 04 Oct 2011 | 10314163 | Bank of Baroda | ₹1.5 Cr | Satisfied | |
| 03 Oct 2011 | 10312183 | Bank of Baroda | ₹1.5 Cr | Satisfied | |
| 30 Jul 2009 | 10170590 | Axis Bank Ltd. | ₹1 Cr | Satisfied | |
| 06 Jun 2001 | 90110322 | Bank of Baroda | ₹1.5 Cr | Satisfied |
To see the full charge records of E Cube India Solutions Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
E Cube India Solutions Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹10.95 Cr; the latest was in March 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Ashesh J Shah (HUF) Seller: Shilchar Technologies Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: SIDBI Ventures, 2 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: SIDBI Ventures |
| Jul 2011 | Funding round | ₹8 Cr | Investors: GVFL, 3 individuals |
To see the full deal history of E Cube India Solutions Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
E Cube India Solutions Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Accura Shelving System Pvt.Ltd. | Disposed |
To see the full case history of E Cube India Solutions 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 Cube India Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for E Cube India Solutions Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
E Cube India Solutions Limited has 17 board changes on record since 2000: 3 appointments and 14 cessations. The latest: Ankit Ashesh Shah ceased to be Additional Director on 29 Sep 2024.
20 earlier events are in the company report.
Frequently asked questions
E Cube India Solutions is an active public limited company based in Padra, Gujarat, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 16 August 2000 (26+ years old) and is registered under CIN U30000GJ2000PLC038530.
E Cube India Solutions has 3 current directors and KMP:
- Ashesh Jitendra Shah - Managing Director
- Ankit Ashesh Shah - Director
- Charulata Ashesh Shah - Cfo
The latest financial statements of E Cube India Solutions 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 2015 are in the company report.
The CIN (Corporate Identification Number) of E Cube India Solutions is U30000GJ2000PLC038530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
E Cube India Solutions has 1 court case on record: 1 filed against it.
E Cube India Solutions was incorporated on 16 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
E Cube India Solutions has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹10.95 Cr; the latest was in March 2021.
The peers of E Cube India Solutions by revenue are Ecomscience Consulting Private Limited, Indian Jute Machinery Research & Development, Crisro Solutions Private Limited, Chloro Controls (India) Private Limited, Gruzen Innovations Private Limited and 5 more, all in the Machinery and Equipment industry (Application Development, Process Machinery).
Ankit Ashesh Shah ceased to be Additional Director on 29 Sep 2024. Ankit Ashesh Shah was appointed as Director on 14 Mar 2024. Charulata Ashesh Shah ceased to be Additional Director on 29 Sep 2019. E Cube India Solutions has 17 board changes on record in total.
E Cube India Solutions can be reached through the website e3india.com. Its registered office is in Padra, Gujarat, India.
The registered office of E Cube India Solutions is at Plot No – 1117 Near Abhor Char Rasta Padra – Jambusar Road Masar, Gujarat, India – 391421.
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