MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0004587
Econ Electro Pvt Ltd
Econ Electro Pvt Ltd - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.59 Cr
▲ 89% YoY
Net profit · FY 2025
₹71.86 Lakh
Net margin 4.1%
EBITDA · FY 2025
₹2.47 Cr
EBITDA margin 14.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹5.06 Cr
Satisfied ₹8 Lakh
Company age
34 yrs
Est. 1992
Employees · EPFO
36
Provident fund records
About Econ Electro Pvt Ltd
Data last updated:
Econ Electro Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 10 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ1992PTC018271. Its GSTIN is 24AAACE4963B1Z2 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹15 Lakh. It is led by directors including Jignesha Vipul Ray (Managing Director) and Jayantilal Dhanjibhai Ray.
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 12 GIDC Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.59 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹71.86 Lakh (net margin 4.1%) and EBITDA of ₹2.47 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 40% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.06 Cr and satisfied charges of ₹8 Lakh on record.
Econ Electro Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004587). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29308GJ1992PTC018271
Registration Number 018271
Incorporation Date 10 September 1992
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0004587
Key People
Jignesha Vipul Ray Managing Director Jayantilal Dhanjibhai Ray Director Manjulaben Jayantilal Ray Director Recognitions & Rankings of Econ Electro
Contact details
Econ Electro Pvt Ltd's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 GIDC Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Econ Electro Pvt Ltd, buy the company report.
Comprehensive company report
Econ Electro Pvt Ltd - 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 Econ Electro is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Econ Electro Pvt Ltd, buy the company report.
Financials of Econ Electro Pvt Ltd
FY 2025 filings availableEcon Electro Pvt Ltd reported revenue of ₹17.59 Cr (up 89% YoY) for FY 2025.
Revenue · FY 2025
₹17.59 Cr ▲ 89%
Net profit · FY 2025
₹71.86 Lakh margin 4.1%
EBITDA · FY 2025
₹2.47 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 40%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 8%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 89% growth in the latest year. EBITDA rose 35% 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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| Total Expenses | |||||
| EBITDA | ₹2.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.86 Lakh | ||||
| Balance Sheet | |||||
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| 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 | 14.1% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Econ Electro Pvt Ltd, buy the company report.
Board of directors of Econ Electro Pvt Ltd
Econ Electro has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal Dhanjibhai Ray Also directs: Elmex Electric Private Limited, Elmex Electricals and Electronics Pvt Ltd, Elmex Controls Pvt Ltd and 1 more | Director | 30 Sep 2005 | 21 Years 1 Months | Current |
| Jignesha Vipul Ray Also directs: Elmex Electric Private Limited, Elmex Electricals and Electronics Pvt Ltd, Elmex Controls Pvt Ltd and 3 more | Managing Director | 30 Sep 2005 | 21 Years 1 Months | Current |
| Manjulaben Jayantilal Ray Also directs: Elmex Electric Private Limited, Elmex Electricals and Electronics Pvt Ltd, Elmex Controls Pvt Ltd and 3 more | Director | 01 May 1998 | 28 Years 5 Months | Current |
| Shashikant Joshi Janardan Also directs: Elmex Electric Private Limited, Elmex Electricals and Electronics Pvt Ltd, Elmex Controls Pvt Ltd and 1 more | Director | 30 Sep 2005 | 21 Years 1 Months | Current |
Auditor
Econ Electro Pvt Ltd is audited by TALATI & TALATI LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TALATI & TALATI LLP | FY 2022 | 110758W |
Shareholding
The shareholding of Econ Electro Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Econ Electro Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹5.06 Cr
Satisfied charges
₹8 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2018 | 100235626 | Others | ₹5.06 Cr | Open | |
| 27 Aug 1994 | 90112210 | The Makarpura Industrial Estate Co-Op. Bank Ltd. | ₹8 Lakh | Satisfied |
To see the full charge records of Econ Electro Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Econ Electro Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Econ Electro Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Econ Electro Pvt Ltd has a workforce of 36 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
9.09%
GST
Econ Electro has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE4963B1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Econ Electro Pvt Ltd, buy the company report.
Recent activity
Econ Electro Pvt Ltd has 8 board changes on record since 1998: 4 appointments and 4 cessations. The latest: Amarnath Laxminath Shastri ceased to be Director on 05 Feb 2023.
AGM
Econ Electro Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 5.06 Cr registered on 25 Oct 2018 with Charge ID 100235626 was modified on 12 May 2025.
Filing
Econ Electro Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Amarnath Laxminath Shastri ceased to be Director.
Ceased
Jignesha Vipul Ray ceased to be Director.
Ceased
Vipul Jayantilal Ray ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.06 Cr with Charge ID 100235626 was registered on 25 Oct 2018.
Ceased
Kalpesh Natvarlal Shah ceased to be Director.
Appointed
Jayantilal Dhanjibhai Ray was appointed as Director.
Appointed
Jignesha Vipul Ray was appointed as Managing Director.
Appointed
Shashikant Joshi Janardan was appointed as Director.
Appointed
Manjulaben Jayantilal Ray was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Econ Electro is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 10 September 1992 (34+ years old) and is registered under CIN U29308GJ1992PTC018271.
Econ Electro has 4 current directors:
- Jignesha Vipul Ray - Managing Director
- Jayantilal Dhanjibhai Ray - Director
- Manjulaben Jayantilal Ray - Director
- Shashikant Joshi Janardan - Director
The latest financial statements of Econ Electro 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 GSTIN of Econ Electro is 24AAACE4963B1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Econ Electro is U29308GJ1992PTC018271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Econ Electro was incorporated on 10 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amarnath Laxminath Shastri ceased to be Director on 05 Feb 2023. Jignesha Vipul Ray ceased to be Director on 01 Jan 2020. Vipul Jayantilal Ray ceased to be Director on 01 Dec 2018. Econ Electro has 8 board changes on record in total.
Yes, Econ Electro is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0004587).
The registered office of Econ Electro is at 12 GIDC Makarpura, Vadodara, Gujarat, India – 390010.
Econ Electro operates in the machinery and equipment industry, in the industrial tools and components segment.
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