Electro Waves Electronics Private Limited

Electro Waves Electronics Private Limited - machinery and equipment in Himachal Pradesh, India. FY 2026 financials & compliance.
CIN U31102HP1999PTC022982 Incorporated 04 October 1999 ROC Himachal Pradesh HQ Himachal Pradesh, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹70.92 Cr
▲ 46% YoY
Net profit · FY 2025
₹1.62 Cr
Net margin 2.3%
EBITDA · FY 2025
₹5.35 Cr
EBITDA margin 7.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹52.59 Cr
Satisfied ₹29.9 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
85
Provident fund records

About Electro Waves Electronics Private Limited

Data last updated:

Electro Waves Electronics Private Limited is a private limited company based in Himachal Pradesh, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 04 October 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U31102HP1999PTC022982. Its GSTIN is 02AAACE8341D1Z8 (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.94 Cr. It is led by directors including Rashi Chauhan and Krishna Goel.

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 Plot No 37 Industrial Areasector 5 Parwanoo Distt Solan, Himachal Pradesh, India – 173220.

As per the financials filed for FY 2025, the company reported a revenue of ₹70.92 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 2.3%) and EBITDA of ₹5.35 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.

The company has about 85 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹52.59 Cr and satisfied charges of ₹29.9 Cr on record. The company has 11 deals on record (11 secondary share transfers); the latest was in March 2020.

Electro Waves Electronics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0002127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website electrowaveselectronics.com.

Company details

CIN U31102HP1999PTC022982
Registration Number 022982
Incorporation Date 04 October 1999
ROC Himachal Pradesh
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 Medium
Udyam Registration UDYAM-HP-11-0002127

Recognitions & Rankings of Electro Waves Electronics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-HP-11-0002127

Contact details

Electro Waves Electronics Private Limited's registered office is in Himachal Pradesh. Its website is electrowaveselectronics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No 37 Industrial Areasector 5 Parwanoo Distt Solan, Himachal Pradesh, India – 173220
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Electro Waves Electronics Private Limited, buy the company report.

Comprehensive company report
Electro Waves Electronics 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 Electro Waves Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment

To see the full business activity and turnover split of Electro Waves Electronics Private Limited, buy the company report.

Financials of Electro Waves Electronics Private Limited

FY 2025 filings available

Electro Waves Electronics Private Limited reported revenue of ₹70.92 Cr (up 46% YoY) for FY 2025.

Revenue · FY 2025
₹70.92 Cr ▲ 46%
Net profit · FY 2025
₹1.62 Cr margin 2.3%
EBITDA · FY 2025
₹5.35 Cr margin 7.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 10%
5 years · compounded
▼ 12%

Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 46% growth in the latest year. EBITDA rose 58% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.62 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.5%
Net Profit Margin2.3%
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

To see the full financial statements and ratios of Electro Waves Electronics Private Limited, buy the company report.

Board of directors of Electro Waves Electronics Private Limited

Electro Waves Electronics has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rashi ChauhanDirector25 Mar 20197 Years 7 MonthsCurrent
Krishna GoelDirector04 Oct 199927 Years 0 MonthsCurrent
Veer Karan GoyalDirector29 Aug 20188 Years 1 MonthsCurrent
Monarch GoyalDirector08 Sep 20251 Years 1 MonthsCurrent

Auditor

Electro Waves Electronics Private Limited is audited by SANJAY MOHAN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANJAY MOHAN & ASSOCIATESFY 2023010274N

Shareholding

The shareholding of Electro Waves Electronics 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Electro Waves Electronics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹52.59 Cr
Satisfied charges
₹29.9 Cr
Breakdown by lending institutions
Canara Bank₹29.97 Cr
Others₹21.82 Cr
Tata Capital Financial Services Limited₹0.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Nov 2025101199390Others₹5.03 CrOpen
30 Aug 2025101190805Others₹20.2 LakhOpen
28 Jan 2025101038921Others₹25 LakhOpen
28 Jan 2025101038923Others₹30 LakhOpen
28 Jan 2025101038929Others₹14.84 CrOpen

To see the full charge records of Electro Waves Electronics Private Limited, buy the company report.

Total charge records: 48 View all charges

Deals & funding

Electro Waves Electronics Private Limited has 11 deals on record (11 secondary share transfers); the latest was in March 2020.

Total deals
11
Secondary share transfers
11

Deals on record (5 of 11)

WhenDealAmountParties
Mar 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: Sanjay Garg Huf
Mar 2008Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Oceanic Leasing Company Private Limited , an individual

To see the full deal history of Electro Waves Electronics Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Electro Waves Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Electro Waves Electronics Private Limited has a workforce of 85 employees on its EPFO records as of Sep 26, 2025, across 2 active EPFO establishments.

Employee count
85
Active EPFO establishments
2
Employee growth
3.66%

GST

Electro Waves Electronics has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
02AAACE8341D1Z8Himachal PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Electro Waves Electronics Private Limited, buy the company report.

Recent activity

Electro Waves Electronics Private Limited has 8 board changes on record since 1999: 4 appointments and 4 cessations. The latest: Monarch Goyal ceased to be Additional Director on 29 Sep 2025.

Charges
A charge with Canara Bank of Rs. 18.99 Cr registered on 16 Jan 2017 with Charge ID 100081095 was modified on 22 Dec 2025.
Charges
A charge with Others amounted to Rs. 5.03 Cr with Charge ID 101199390 was registered on 26 Nov 2025.
AGM
Electro Waves Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Monarch Goyal ceased to be Additional Director.
Appointed
Monarch Goyal was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101190805 was registered on 30 Aug 2025.
Filing
Electro Waves Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Charges
A charge with Others of Rs. 14.84 Cr registered on 28 Jan 2025 with Charge ID 101038929 was modified on 15 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 101038921 was registered on 28 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101038923 was registered on 28 Jan 2025.
Charges
A charge with Others amounted to Rs. 14.84 Cr with Charge ID 101038929 was registered on 28 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 101038933 was registered on 16 Jan 2025.

80 earlier events are in the company report.

Frequently asked questions

Electro Waves Electronics is an active private limited company based in Himachal Pradesh, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 04 October 1999 (27+ years old) and is registered under CIN U31102HP1999PTC022982.

Electro Waves Electronics has 4 current directors:

The latest financial statements of Electro Waves Electronics 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 Electro Waves Electronics is 02AAACE8341D1Z8, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Electro Waves Electronics is U31102HP1999PTC022982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Electro Waves Electronics was incorporated on 04 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.

Electro Waves Electronics has 11 deals on record (11 secondary share transfers); the latest was in March 2020.

Monarch Goyal ceased to be Additional Director on 29 Sep 2025. Monarch Goyal was appointed as Director on 08 Sep 2025. Rashi Chauhan ceased to be Additional Director on 30 Sep 2019. Electro Waves Electronics has 8 board changes on record in total.

Yes, Electro Waves Electronics is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-11-0002127).

Electro Waves Electronics can be reached through the website electrowaveselectronics.com. Its registered office is in Himachal Pradesh, India.