About Easol Private Limited
Data last updated:
Easol Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the water treatment segment of the environmental services sector. It was incorporated on 04 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2013PTC148716. Its GSTIN is 27AADCE5019R1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Abhitabh Dilip Honap and Ajeet Prabhakar Oak.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.25 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹24.43 Lakh (net margin 3.4%) and EBITDA of ₹64.67 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.91 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website easol.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBuilding No. 3 C – 3 Flat No. 303 And 304 Saudamini Complex Bhusari Colony Kothru, D, Pune, Maharashtra, India – 411038
- IndustryEnvironment, Water Treatment
- 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 Easol Private Limited
The main business activity of Easol is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply | 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 Easol Private Limited FY 2025 filings available
Easol Private Limited reported revenue of ₹7.25 Cr (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Easol Private Limited
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 47% 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 Easol Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹64.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.43 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 Easol Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Easol are in the company report.
Financial statements from 2015
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 Easol Private Limited
Easol Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enviro Chem Engineers & Consultants India Private Limited | •••• | •••• | •••• | •••• | - | Poonamallee, Tamil Nadu, India |
| Techno Aqua Tech Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
| Qualicom Solutions Private Limited | •••• | •••• | •••• | •••• | 13 | Kolkata, West Bengal, India |
| Oasis Filteration Private Limited | •••• | •••• | •••• | •••• | 10 | Delhi, India |
| Fluxgen Sustainable Technologies Private Limited | •••• | •••• | •••• | •••• | 38 | Bangalore, Karnataka, India |
| Easol Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Babadeep Singh Builders & Desilters Private Limited | •••• | •••• | •••• | •••• | - | Malout, Punjab, India |
| Am Ozonics Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Green Lantern Engineering Private Limited | •••• | •••• | •••• | •••• | 47 | Bangalore, Karnataka, India |
| Gratisco Water Private Limited | •••• | •••• | •••• | •••• | - | Guwahati, Assam, India |
| Orsino Foods and Beverages Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Easol by revenue in the Cleantech industry (Water and Wastewater Treatment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Easol Private Limited
Easol Private Limited is audited by NISARG RAJESH SHAH for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NISARG RAJESH SHAH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Easol Private Limited
Easol has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhitabh Dilip Honap Also directs: Eastore Sysytems LLP | Director | 16 May 2014 | 12 Years 4 Months | Current |
| Ajeet Prabhakar Oak | Director | 04 Sep 2013 | 13 Years 1 Months | Current |
Ownership and Shareholding of Easol Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Easol Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2021 | Bank of India | ₹75 Lakh | Open |
| 02 Jul 2020 | Bank of India | ₹15.99 Lakh | Open |
| 19 Sep 2014 | Bank of India | ₹2 Cr | Open |
Total charge records: 3 View all charges
MSME Payment Delays by Easol Private Limited
Easol Private Limited has 14 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| TBF Environmental Solutions Private Limited | •••• | •••• | •••• |
| Shubham Acqualink (India) Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Easol Private Limited
Easol Private Limited has a workforce of 33 employees as of Apr 03, 2024.
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.
Recent Activity on Easol Private Limited
Easol Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Abhitabh Dilip Honap ceased to be Additional Director on 30 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Easol 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.
Subsidiaries & Group Companies of Easol 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 Easol Private Limited
Easol has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE5019R1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 09AADCE5019R1Z5 | Uttar Pradesh | Active | 26 Feb 2023 |
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 Easol 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 Easol Private Limited
Easol is an active private limited company based in Pune, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 04 September 2013 (13+ years old) and is registered under CIN U74900PN2013PTC148716.
Easol reported revenue of ₹7.25 Cr for FY 2024 (down 45% YoY).
Easol has 2 current directors:
- Abhitabh Dilip Honap - Director
- Ajeet Prabhakar Oak - Director
Easol reported a net profit of ₹24.43 Lakh (net margin 3.4%) and EBITDA of ₹64.67 Lakh (EBITDA margin 8.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Easol is 3% over five years. In the latest year (FY 2024) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Easol is 27AADCE5019R1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AADCE5019R1Z5 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Easol is U74900PN2013PTC148716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Easol was incorporated on 04 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Easol by revenue are Enviro Chem Engineers & Consultants India Private Limited, Techno Aqua Tech Private Limited, Qualicom Solutions Private Limited, Oasis Filteration Private Limited, Fluxgen Sustainable Technologies Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Abhitabh Dilip Honap ceased to be Additional Director on 30 Sep 2015. Rahul Sharad Pathak ceased to be Director on 13 Feb 2015. Abhitabh Dilip Honap was appointed as Director on 16 May 2014. Easol has 5 board changes on record in total.
Yes, Easol is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Easol has 14 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 2 micro and small suppliers. The latest return was filed on 11 Nov 2020.