About Electranex India Private Limited
Data last updated:
Electranex India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 01 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH2004PTC144814. Its GSTIN is 27AABCE2947G2ZO (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Elastimold (India) Private Limited. It is led by directors including Vihang Bharatkumar Desai and Harshit Nitin Desai.
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 702 D Wing Bajaj Emerald, Opp Andheri Railway Station Andheri East Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.04 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹12.74 Cr (net margin 30.3%) and EBITDA of ₹17.34 Cr (EBITDA margin 41.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹49 Lakh and satisfied charges of ₹5 Lakh on record. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2013. Its 10 peer companies in the Transport and Logistics industry (Railway Equipment and Products) are compared by revenue, 5 larger and 5 smaller; the largest is Raghavendra Rail Infrastructure Private Limited with revenue of ₹44.58 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eiplrmd.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address702 D Wing Bajaj Emerald, Opp Andheri Railway Station Andheri East Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, Railway Equipment & Supply
- 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
- One PDF report, delivered after checkout
Business Activity of Electranex India Private Limited
The main business activity of Electranex India is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Electranex India Private Limited FY 2025 filings available
Electranex India Private Limited reported revenue of ₹42.04 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Electranex India Private Limited
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 43% 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 of Electranex India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.74 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 of Electranex India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 30.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Electranex India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Electranex India Private Limited
Electranex India Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Railway Equipment and Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raghavendra Rail Infrastructure Private Limited | ₹44.58 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Modern Railtech Equipment Manufactures Private Limited | ₹44.01 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Anup Malleables Ltd Listed | ₹43.74 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Kolkata, West Bengal, India |
| Indo Pumps Private Limited | ₹42.1 Cr (FY 2023) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Niagara Metals India Limited | ₹42.09 Cr (FY 2019) | •••• | •••• | -23.0% | •••• | Ludhiana, Punjab, India |
| Electranex India Private Limited this company | ₹42.04 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Parthraj Tech Industries Private Limited | ₹41.9 Cr (FY 2024) | •••• | •••• | 151.0% | •••• | Kapurthala, Punjab, India |
| Malu Sleepers (Maharashtra) Private Limited | ₹41.61 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Amsted Steel Foundries (India) Private Limited | ₹40.71 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Ashish Rails Private Limited | ₹39.63 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Lower Parel, Maharashtra, India |
| Rayalseema Concrete Sleepers Pvt Ltd | ₹39.29 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Electranex India by revenue in the Transport and Logistics industry (Railway Equipment and Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Electranex India Private Limited
Electranex India Private Limited is audited by V N S S & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V N S S & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Electranex India Private Limited
Electranex India has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vihang Bharatkumar Desai | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Harshit Nitin Desai | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Bharatkumar Mohanlal Desai | Director | 30 Sep 2013 | 13 Years 0 Months | Current |
| Pradip Mohanlal Desai | Director | 01 Mar 2004 | 22 Years 7 Months | Current |
| Rekha Pradip Desai | Director | 15 Feb 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Electranex India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Electranex India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2005 | The Cosmos Co-Op; Bank Ltd. Co-Op. Bank Ltd. | ₹24 Lakh | Open |
| 15 Jul 2005 | The Cosmos Co-Op; Bank Ltd. Co-Op. Bank Ltd. | ₹25 Lakh | Open |
| 06 Jan 2006 | The Saraswat Co-Op. Bank Ltd. | ₹5 Lakh | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Electranex India Private Limited
Electranex India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Electranex India Private Limited
Employment history and EPFO contributions of people linked to Electranex India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Electranex India Private Limited
Electranex India Private Limited has 6 board changes on record since 2004: 5 appointments and 1 cessation. The latest: Harshit Nitin Desai was appointed as Director on 27 Nov 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Electranex India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Electranex India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Electranex India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Electranex India Private Limited
Electranex India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE2947G2ZO | Maharashtra | Active | 18 Jun 2018 |
| 26AABCE2947G1ZR | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Electranex India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Electranex India Private Limited
Electranex India is an active private limited company based in Mumbai, Maharashtra, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 01 March 2004 (22+ years old) and is registered under CIN U31300MH2004PTC144814.
Electranex India reported revenue of ₹42.04 Cr for FY 2025 (down 26% YoY).
Electranex India has 5 current directors:
- Vihang Bharatkumar Desai - Director
- Harshit Nitin Desai - Director
- Bharatkumar Mohanlal Desai - Director
- Pradip Mohanlal Desai - Director
- Rekha Pradip Desai - Director
Electranex India reported a net profit of ₹12.74 Cr (net margin 30.3%) and EBITDA of ₹17.34 Cr (EBITDA margin 41.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Electranex India is 3% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Electranex India is 27AABCE2947G2ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 26AABCE2947G1ZR (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Electranex India is U31300MH2004PTC144814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electranex India was incorporated on 01 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Electranex India has 2 deals on record (2 secondary share transfers); the latest was in November 2013.
The peers of Electranex India by revenue are Raghavendra Rail Infrastructure Private Limited, Modern Railtech Equipment Manufactures Private Limited, Anup Malleables Ltd, Indo Pumps Private Limited, Niagara Metals India Limited and 5 more, all in the Transport and Logistics industry (Railway Equipment and Products).
Harshit Nitin Desai was appointed as Director on 27 Nov 2018. Vihang Bharatkumar Desai was appointed as Director on 27 Nov 2018. Bharatkumar Mohanlal Desai was appointed as Director on 30 Sep 2013. Electranex India has 6 board changes on record in total.