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Elara Energy Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.66 Lakh
▼ 90% YoY
Net profit · FY 2024
₹9,749
Net margin 3.7%
EBITDA · FY 2024
₹13,199
EBITDA margin 5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Elara Energy Private Limited
Data last updated:
Elara Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 09 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC307687. Its GSTIN is 27AAFCE0057P1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vivek Chendvankar Gajanan and Jitendra Mahesh Chendwankar.
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 Flat 8 Unity Complex Ground Floor Rajanpada P G Marg Nr. Pratap Mane Soc, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.66 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹9,749 (net margin 3.7%) and EBITDA of ₹13,199 (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.
Elara Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0013264). For more details, the company can be reached via its website elaraenergy.com.
Company details
CIN U74999MH2018PTC307687
Registration Number 307687
Incorporation Date 09 April 2018
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
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0013264
Recognitions & Rankings of Elara Energy
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0013264
Contact details
Elara Energy Private Limited's registered office is in Mumbai, Maharashtra. Its website is elaraenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat 8 Unity Complex Ground Floor Rajanpada P G Marg Nr. Pratap Mane Soc, Mumbai, Maharashtra, India – 400064
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Elara Energy Private Limited, buy the company report.
Comprehensive company report
Elara Energy 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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Financials of Elara Energy Private Limited
FY 2025 filings availableElara Energy Private Limited reported revenue of ₹2.66 Lakh (down 90% YoY) for FY 2024.
Revenue · FY 2024
₹2.66 Lakh ▼ 90%
Net profit · FY 2024
₹9,749 margin 3.7%
EBITDA · FY 2024
₹13,199 margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 48%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 51%
5 years · compounded
▲ 17%
Revenue has declined at a compounded annual rate (CAGR) of 48% over three years, including a 90% fall in the latest year. EBITDA rose 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13,199 | ||||
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| Net Profit (PAT) | ₹9,749 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 3.7% | ||||
| 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 Elara Energy Private Limited, buy the company report.
Board of directors of Elara Energy Private Limited
Elara Energy has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Chendvankar Gajanan | Director | 09 Apr 2018 | 8 Years 6 Months | Current |
| Jitendra Mahesh Chendwankar | Director | 09 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Elara Energy Private Limited is audited by B M R & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B M R & CO | FY 2021 | 137062W |
Shareholding
The shareholding of Elara Energy Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Elara Energy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elara Energy 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 Elara Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elara Energy Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Elara Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE0057P1ZD | Maharashtra | Active | 11 Jan 2019 |
To see the full GST registrations and return filing status of Elara Energy Private Limited, buy the company report.
Recent activity
Elara Energy Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Shashikant Krishna Ragho Sonawane ceased to be Director on 06 Jan 2019.
AGM
Elara Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elara Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Shashikant Krishna Ragho Sonawane ceased to be Director.
Ceased
Ashok Mahadev Kule ceased to be Director.
Appointed
Jitendra Mahesh Chendwankar was appointed as Director.
Appointed
Vivek Chendvankar Gajanan was appointed as Director.
Incorporation
09 Apr 2018
Elara Energy Private Limited was registered on 09 Apr 2018 with Roc Mumbai & aged 8 years 6 months as per MCA records.
Frequently asked questions
Elara Energy is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 09 April 2018 (8+ years old) and is registered under CIN U74999MH2018PTC307687.
Elara Energy has 2 current directors:
- Vivek Chendvankar Gajanan - Director
- Jitendra Mahesh Chendwankar - Director
The latest financial statements of Elara Energy 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 2019 are in the company report.
The GSTIN of Elara Energy is 27AAFCE0057P1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elara Energy is U74999MH2018PTC307687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elara Energy was incorporated on 09 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Shashikant Krishna Ragho Sonawane ceased to be Director on 06 Jan 2019. Ashok Mahadev Kule ceased to be Director on 30 Oct 2018. Jitendra Mahesh Chendwankar was appointed as Director on 09 Apr 2018. Elara Energy has 4 board changes on record in total.
Yes, Elara Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Elara Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0013264).
Elara Energy can be reached through the website elaraenergy.com. Its registered office is in Mumbai, Maharashtra, India.
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