MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DL-01-0001408
Elcom Innovations Private Limited - aerospace, maritime and defense in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹100.46 Cr
▲ 63% YoY
Net profit · FY 2025
₹80.23 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹8.79 Cr
EBITDA margin 8.8%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹88.72 Lakh
Issued & subscribed
Open charges
₹94.14 Cr
Satisfied ₹77.02 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
106
Provident fund records
About Elcom Innovations Private Limited
Data last updated:
Elcom Innovations Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Elcom Systems Private Limited. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 05 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40100DL2002PTC117912. Its GSTIN is 03AAKCS6783P1ZJ (Punjab). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹88.72 Lakh. It was formerly known as Srm Engineering Services India Private Limited. It is led by directors including Pradnyil Usgaonkar and Lakshminarayanan Subramanian.
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 M – 41/4&5 Speed Bird House Connaught Circus, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.46 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹80.23 Lakh (net margin 0.8%) and EBITDA of ₹8.79 Cr (EBITDA margin 8.8%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 1% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹94.14 Cr and satisfied charges of ₹77.02 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
Elcom Innovations Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-01-0001408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elcom-group.com.
Company details
CIN U40100DL2002PTC117912
Registration Number 117912
Incorporation Date 05 December 2002
ROC Delhi
Listing Status Unlisted
Company Status Active
Parent Company Elcom Systems Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-DL-01-0001408
CIN history
Elcom Innovations has one previous CIN (Corporate Identification Number): U45201DL2002PTC117912. The current CIN is U40100DL2002PTC117912, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100DL2002PTC117912 | Current |
| U45201DL2002PTC117912 | Previous |
Key People
Pradnyil Usgaonkar Director Lakshminarayanan Subramanian Director Vaidyanathan Venkateswaran Sivakumar Director Recognitions & Rankings of Elcom Innovations
Contact details
Elcom Innovations Private Limited's registered office is in New Delhi, Delhi. Its website is elcom-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 41/4&5 Speed Bird House Connaught Circus, New Delhi, Delhi, India – 110001
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Elcom Innovations Private Limited, buy the company report.
Comprehensive company report
Elcom Innovations 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 Elcom Innovations Private Limited
FY 2025 filings availableElcom Innovations Private Limited reported revenue of ₹100.46 Cr (up 63% YoY) for FY 2025.
Revenue · FY 2025
₹100.46 Cr ▲ 63%
Net profit · FY 2025
₹80.23 Lakh margin 0.8%
EBITDA · FY 2025
₹8.79 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 32%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 31%
5 years · compounded
▲ 5%
Revenue rose 63% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 25% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹100.46 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.23 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Elcom Innovations Private Limited, buy the company report.
Board of directors of Elcom Innovations Private Limited
Elcom Innovations has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradnyil Usgaonkar Also directs: Millenium Manufacturing Systems Private Limited | Director | 24 Dec 2012 | 13 Years 10 Months | Current |
| Lakshminarayanan Subramanian | Director | 24 Jan 2020 | 6 Years 9 Months | Current |
| Vaidyanathan Venkateswaran Sivakumar Also directs: Indrasil Technologies Private Limited, Premier Nickel Mines Private Limited, Elcom Systems Private Limited and 2 more | Director | 24 Jan 2020 | 6 Years 9 Months | Current |
| Ramasubramanian Appadurai Also directs: Humanidad Evolreach Private Limited, Suntera Energy Services (India) Private Limited, Hooghly Holdings Private Limited and 4 more | Director | 24 Jan 2025 | 1 Years 9 Months | Current |
| Sumeet Mallikarjun | Director | 28 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Elcom Innovations Private Limited is audited by R N Marwah & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R N Marwah & Co LLP | FY 2023 | 001211N |
Shareholding
The shareholding of Elcom Innovations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elcom Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹94.14 Cr
Satisfied charges
₹77.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2026 | 101282768 | Others | ₹3.17 Cr | Open | |
| 07 Jun 2022 | 100712408 | Hdfc Bank Limited | ₹90.97 Cr | Open | |
| 21 Sep 2023 | 100796138 | Others | ₹1.95 Cr | Satisfied | |
| 29 Dec 2021 | 100538009 | Others | ₹2.19 Cr | Satisfied | |
| 22 Jun 2021 | 100459636 | Others | ₹7 Cr | Satisfied |
To see the full charge records of Elcom Innovations Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Elcom Innovations Private Limited has 6 court cases on record: 2 filed by Elcom Innovations, 4 filed against it. All cases are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against Coral Telecom Ltd. 404, 2 Electronic Complex Chambaghat, ,Solan , Himachal Pradesh and 1 other | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against Unknown | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Coral Telecom Ltd | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Harshadray Harjivandas Jani Authorised Person of Gujarat Poly Electronics Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Sidhshree Computronics Pvt Ltd | Disposed |
To see the full case history of Elcom Innovations Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Elcom Innovations Private Limited was last rated by Brickwork on 13 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 13 Jan 2022 |
To see the full credit ratings and regulatory alerts of Elcom Innovations Private Limited, buy the company report.
MSME payment delays
Elcom Innovations Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 23 overdue payments to 5 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Door Sabha Nigam Limited | |||
| Sun Micro Invit Private Limited | |||
| an individual supplier | |||
| Abc Technologies |
To see the full MSME payment records of Elcom Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Elcom Innovations Private Limited has a workforce of 106 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
106
Active EPFO establishments
1
Employee growth
34.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 106 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Elcom Innovations Private Limited, buy the company report.
GST
Elcom Innovations has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAKCS6783P1ZJ | Punjab | Active | 01 Jul 2017 |
| 09AAKCS6783P2Z6 | Uttar Pradesh | Active | 27 Jul 2017 |
| 22AAKCS6783P1ZJ | Chattisgarh | Active | 23 Dec 2022 |
To see the full GST registrations and return filing status of Elcom Innovations Private Limited, buy the company report.
Recent activity
Elcom Innovations Private Limited has 14 board changes on record since 2012: 5 appointments and 9 cessations. The latest: Ramasubramanian Appadurai was appointed as Director on 24 Jan 2025.
Charges
A charge with Others amounted to Rs. 3.17 Cr with Charge ID 101282768 was registered on 11 Feb 2026.
AGM
Elcom Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elcom Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge registered on 21 Sep 2023 via Charge ID 100796138 with Others was fully satisfied on 14 Feb 2025.
Appointed
Ramasubramanian Appadurai was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 90.97 Cr registered on 07 Jun 2022 with Charge ID 100712408 was modified on 25 Sep 2024.
Ceased
Sumeet Mallikarjun ceased to be Additional Director.
Charges
A charge registered on 22 Jun 2021 via Charge ID 100459636 with Others was fully satisfied on 19 Feb 2024.
Appointed
Sumeet Mallikarjun was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.95 Cr with Charge ID 100796138 was registered on 21 Sep 2023.
Charges
A charge registered on 29 Dec 2021 via Charge ID 100538009 with Others was fully satisfied on 19 Dec 2022.
Charges
A charge registered on 07 Nov 2020 via Charge ID 100394588 with Others was fully satisfied on 19 Dec 2022.
25 earlier events are in the company report.
Frequently asked questions
Elcom Innovations is an active private limited company based in New Delhi, Delhi, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 05 December 2002 (24+ years old) and is registered under CIN U40100DL2002PTC117912.
Elcom Innovations has 5 current directors:
- Pradnyil Usgaonkar - Director
- Lakshminarayanan Subramanian - Director
- Vaidyanathan Venkateswaran Sivakumar - Director
- Ramasubramanian Appadurai - Director
- Sumeet Mallikarjun - Director
The latest financial statements of Elcom Innovations 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 Elcom Innovations is 03AAKCS6783P1ZJ, registered in Punjab. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAKCS6783P2Z6 (Uttar Pradesh), 22AAKCS6783P1ZJ (Chattisgarh).
The CIN (Corporate Identification Number) of Elcom Innovations is U40100DL2002PTC117912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elcom Innovations has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the district courts.
Elcom Innovations was incorporated on 05 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Ramasubramanian Appadurai was appointed as Director on 24 Jan 2025. Sumeet Mallikarjun ceased to be Additional Director on 12 Sep 2024. Sumeet Mallikarjun was appointed as Director on 28 Sep 2023. Elcom Innovations has 14 board changes on record in total.
Yes, Elcom Innovations is registered as an MSME under Udyam registration (number: UDYAM-DL-01-0001408).
Elcom Innovations has 2 MSME Form 1 returns on record between 2018 and 2019, listing 23 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 May 2019.
Elcom Innovations can be reached through the website elcom-group.com. Its registered office is in New Delhi, Delhi, India.
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