Startup India Government of India
Econut India Private Limited - fmcg in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹65.65 Lakh
▲ 635% YoY
Net profit · FY 2024
₹1.37 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹1.37 Lakh
EBITDA margin 2.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Econut India Private Limited
Data last updated:
Econut India Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 19 May 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2022PTC382892.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jitesh Purushottam Giasotta and Dipesh Sunil Thakkar.
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 004 Udyog Kshetra Mulund Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.37 Lakh (net margin 2.1%) and EBITDA of ₹1.37 Lakh (EBITDA margin 2.1%).
For more details, the company can be reached via its website econut.store.
Company details
CIN U24290MH2022PTC382892
Registration Number 382892
Incorporation Date 19 May 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Jitesh Purushottam Giasotta Director Dipesh Sunil Thakkar Director Dhrumin Jitesh Giasotta Additional Director Recognitions & Rankings of Econut India
Contact details
Econut India Private Limited's registered office is in Mumbai, Maharashtra. Its website is econut.store. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address004 Udyog Kshetra Mulund Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Econut India Private Limited, buy the company report.
Comprehensive company report
Econut India 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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Business activity
The main business activity of Econut India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Econut India Private Limited, buy the company report.
Financials of Econut India Private Limited
FY 2025 filings availableEconut India Private Limited reported revenue of ₹65.65 Lakh (up 635% YoY) for FY 2024.
Revenue · FY 2024
₹65.65 Lakh ▲ 635%
Net profit · FY 2024
₹1.37 Lakh margin 2.1%
EBITDA · FY 2024
₹1.37 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 635%
EBITDA CAGR growth
1 year
▲ 150%
Revenue rose 635% in the latest year. EBITDA rose 150% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹1.37 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.37 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.1% | |
| Net Profit Margin | 2.1% | |
| 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 Econut India Private Limited, buy the company report.
Board of directors of Econut India Private Limited
Econut India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitesh Purushottam Giasotta Also directs: By Designer LLP | Director | 19 May 2022 | 4 Years 5 Months | Current |
| Dipesh Sunil Thakkar | Director | 19 May 2022 | 4 Years 5 Months | Current |
| Dhrumin Jitesh Giasotta | Additional Director | 27 Jan 2023 | 3 Years 8 Months | Current |
Peer comparison
Econut India Private Limited is compared with the 5 companies closest to it by revenue in the FMCG industry (Personal Care and Skin Care), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaince Cosmetics Private Limited | ₹67.63 Lakh (FY 2025) | -96.0% | Navi Mumbai, Maharashtra, India | |||
| Ashok and Company Private Limited | ₹65.99 Lakh (FY 2025) | -12.0% | Delhi, India | |||
| Econut India Private Limitedthis company | ₹65.65 Lakh (FY 2024) | ₹1.37 Lakh | 2.1% | 635.0% | Mumbai, Maharashtra, India | |
| Staylo Essentials India Private Limited | ₹65.42 Lakh (FY 2024) | 645.0% | Delhi, India | |||
| Sanzivni Ayurcare Private Limited | ₹65.34 Lakh (FY 2021) | 79.0% | Guwahati, Assam, India | |||
| Aashirwad Infrainventions Private Limited | ₹64.85 Lakh (FY 2025) | -22.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Econut India Private Limited, buy the company report.
Auditor
Econut India Private Limited is audited by PRATAP B. SHETH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATAP B. SHETH & CO. | FY 2023 | 108140W |
Shareholding
The shareholding of Econut India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Econut India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Econut India Private Limited 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 Econut India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Econut India Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Econut India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Econut India Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Dhrumin Jitesh Giasotta was appointed as Additional Director on 27 Jan 2023.
AGM
Econut India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Econut India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Dhrumin Jitesh Giasotta was appointed as Additional Director.
Ceased
Sanjaysing S Kumandan ceased to be Director.
Appointed
Dipesh Sunil Thakkar was appointed as Director.
Appointed
Jitesh Purushottam Giasotta was appointed as Director.
Incorporation
19 May 2022
Econut India Private Limited was registered on 19 May 2022 with Roc Mumbai I & aged 4 years 5 months as per MCA records.
Frequently asked questions
Econut India is an active private limited company based in Mumbai, Maharashtra, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 19 May 2022 (4+ years old) and is registered under CIN U24290MH2022PTC382892.
Econut India has 3 current directors:
- Jitesh Purushottam Giasotta - Director
- Dipesh Sunil Thakkar - Director
- Dhrumin Jitesh Giasotta - Additional Director
The latest financial statements of Econut India 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Econut India is U24290MH2022PTC382892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Econut India was incorporated on 19 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Econut India by revenue are Vaince Cosmetics Private Limited, Ashok and Company Private Limited, Staylo Essentials India Private Limited, Sanzivni Ayurcare Private Limited, Aashirwad Infrainventions Private Limited, all in the FMCG industry (Personal Care and Skin Care), with the same principal business activity (wholesale trading).
Dhrumin Jitesh Giasotta was appointed as Additional Director on 27 Jan 2023. Sanjaysing S Kumandan ceased to be Director on 27 Jan 2023. Dipesh Sunil Thakkar was appointed as Director on 19 May 2022. Econut India has 4 board changes on record in total.
Yes, Econut India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Econut India can be reached through the website econut.store. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Econut India is at 004 Udyog Kshetra Mulund Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080.
Econut India operates in the FMCG industry, in the personal care and skincare products segment.