Ece (India) Energies Limited

Ece (India) Energies Limited - electrical in Amravati, Maharashtra, India. FY 2026 financials & compliance.
CIN U31908MH2015PLC270990 Incorporated 14 December 2015 ROC Mumbai HQ Amravati, Maharashtra, India
Active Public Limited Company electrical MSME · Medium
Data last updated
Revenue · FY 2025
₹188.36 Cr
▲ 75% YoY
Net profit · FY 2025
₹5 Cr
Net margin 2.7%
EBITDA · FY 2025
₹10.9 Cr
EBITDA margin 5.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5.23 Cr
Issued & subscribed
Open charges
₹49.36 Cr
Satisfied ₹9.94 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
36
Provident fund records

About Ece (India) Energies Limited

Data last updated:

Ece (India) Energies Limited is a public limited company based in Amravati, Maharashtra, India. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 14 December 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH2015PLC270990. Its GSTIN is 27AAECE1480F1ZU (Maharashtra). The company holds 5 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.23 Cr. It was formerly known as Ece (India) Energies Private Limited. It is led by directors including Amit Anantrao Arokar (Managing Director) and Aniket Tondare.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 27 MIDC, Amravati (M Corp), Maharashtra, India – 444607.

As per the financials filed for FY 2025, the company reported a revenue of ₹188.36 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹5 Cr (net margin 2.7%) and EBITDA of ₹10.9 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years and 75% over five years.

The company has about 36 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ECE India. As per MCA filings, the company has open charges of ₹49.36 Cr and satisfied charges of ₹9.94 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 2 deals on record (2 rights issues); the latest was in March 2020. Its 3 peer companies in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Maharashtra Electro-Mechanical Works Private Limited with revenue of ₹188.63 Cr.

Ece (India) Energies Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-03-0003350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eceindia.com.

Company details

CIN U31908MH2015PLC270990
Registration Number 270990
Incorporation Date 14 December 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-03-0003350

CIN history

Ece (India) Energies has one previous CIN (Corporate Identification Number): U31908MH2015PTC270990. The current CIN is U31908MH2015PLC270990, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31908MH2015PLC270990Current
U31908MH2015PTC270990Previous

Recognitions & Rankings of Ece (India) Energies

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-03-0003350

Contact details

Ece (India) Energies Limited's registered office is in Amravati, Maharashtra.

  • Social Media
  • Registered Address
    F – 27 MIDC, Amravati (M Corp), Maharashtra, India – 444607
  • Industry
    Electrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
Comprehensive company report
Ece (India) Energies 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

Ece (India) Energies operates one associated brand: ECE India. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures solar-powered products, including panels and integrated energy systems.eceindia.com

Business activity

The main business activity of Ece (India) Energies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Ece (India) Energies Limited, buy the company report.

Financials of Ece (India) Energies Limited

FY 2024 filings available

Ece (India) Energies Limited reported revenue of ₹188.36 Cr (up 75% YoY) for FY 2025.

Revenue · FY 2025
₹188.36 Cr ▲ 75%
Net profit · FY 2025
₹5 Cr margin 2.7%
EBITDA · FY 2025
₹10.9 Cr margin 5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 87%
5 years · compounded
▲ 75%
EBITDA CAGR growth
1 year
▲ 140%
3 years · compounded
▲ 87%
5 years · compounded
▲ 52%

Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 75% growth in the latest year. EBITDA rose 140% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹10.9 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.8%
Net Profit Margin2.7%
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 Ece (India) Energies Limited, buy the company report.

Board of directors of Ece (India) Energies Limited

Ece (India) Energies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aniket TondareDirector13 Aug 20242 Years 2 MonthsCurrent
Amit Anantrao ArokarManaging Director14 Dec 201510 Years 10 MonthsCurrent
Sameer Balasaheb KaleDirector25 Aug 20188 Years 2 MonthsCurrent

Peer comparison

Ece (India) Energies Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Maharashtra Electro-Mechanical Works Private Limited₹188.63 Cr (FY 2024)-3.0%Maharashtra, India
Ece (India) Energies Limitedthis company₹188.36 Cr (FY 2025)₹5 Cr2.7%75.0%Amravati, Maharashtra, India
Bharat Electrical Contractors and Manufacturers Private Limited₹186.43 Cr (FY 2025)129.0%Kupwad, Maharashtra, India
Eglo India Production Private Limited₹185.29 Cr (FY 2025)31.0%New Delhi, Delhi, India

To see the full peer comparison of Ece (India) Energies Limited, buy the company report.

Charges & borrowings

Open charges
₹49.36 Cr
Satisfied charges
₹9.94 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹46.31 Cr
Others₹3.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Jun 2025101141886Others₹3.05 CrOpen
21 Nov 2020100394819Hdfc Bank Limited₹46.31 CrOpen
26 Feb 2019100244118Others₹7.95 CrSatisfied
03 Mar 2018100164981Idbi Bank Limited₹1.5 CrSatisfied
06 May 2017100107167Others₹48.5 LakhSatisfied

To see the full charge records of Ece (India) Energies Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Ece (India) Energies Limited has 2 deals on record (2 rights issues); the latest was in March 2020.

Total deals
2
Rights issues
2

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2020Rights issue₹50 LakhInvestors: 4 individuals
Mar 2018Rights issue₹1.49 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ece (India) Energies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ece (India) Energies has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAECE1480F1ZUMaharashtraActive01 Jul 2017
10AAECE1480F2Z8BiharActive12 Apr 2023
09AAECE1480F1ZSUttar PradeshActive05 Oct 2024

To see the full GST registrations and return filing status of Ece (India) Energies Limited, buy the company report.

Recent activity

Ece (India) Energies Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Aniket Tondare was appointed as Director on 13 Aug 2024.

Charges
A charge with Others amounted to Rs. 3.05 Cr with Charge ID 101141886 was registered on 19 Jun 2025.
Charges
A charge registered on 26 Feb 2019 via Charge ID 100244118 with Others was fully satisfied on 10 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 46.31 Cr registered on 21 Nov 2020 with Charge ID 100394819 was modified on 17 Jan 2025.
AGM
Ece (India) Energies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Aniket Tondare was appointed as Director.
Filing
Ece (India) Energies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.31 Cr with Charge ID 100394819 was registered on 21 Nov 2020.
Ceased
Suresh Govindrao Bhagat ceased to be Director.
Ceased
Vijay Tulshiram Ingole ceased to be Director.
Ceased
Anant Sadashivrao Arokar ceased to be Director.
Charges
A charge registered on 03 Mar 2018 via Charge ID 100164981 with Idbi Bank Limited was fully satisfied on 27 Feb 2019.
Charges
A charge with Others amounted to Rs. 7.95 Cr with Charge ID 100244118 was registered on 26 Feb 2019.

7 earlier events are in the company report.

Frequently asked questions

Ece (India) Energies is an active public limited company based in Amravati, Maharashtra, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 14 December 2015 (11+ years old) and is registered under CIN U31908MH2015PLC270990.

Ece (India) Energies has 3 current directors:

The latest financial statements of Ece (India) Energies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Ece (India) Energies is 27AAECE1480F1ZU, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 10AAECE1480F2Z8 (Bihar), 09AAECE1480F1ZS (Uttar Pradesh).

The CIN (Corporate Identification Number) of Ece (India) Energies is U31908MH2015PLC270990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ece (India) Energies has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.

Ece (India) Energies was incorporated on 14 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Ece (India) Energies has 2 deals on record (2 rights issues); the latest was in March 2020.

The peers of Ece (India) Energies by revenue are Maharashtra Electro-Mechanical Works Private Limited, Bharat Electrical Contractors and Manufacturers Private Limited, Eglo India Production Private Limited, all in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Aniket Tondare was appointed as Director on 13 Aug 2024. Suresh Govindrao Bhagat ceased to be Director on 30 Jul 2020. Vijay Tulshiram Ingole ceased to be Director on 30 Jul 2020. Ece (India) Energies has 7 board changes on record in total.

Yes, Ece (India) Energies is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-03-0003350).