Electrodrive Powertrain Solutions Private Limited

Electrodrive Powertrain Solutions Private Limited - automotive in Palladam, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TZ2017PTC029256 Incorporated 25 July 2017 ROC Coimbatore HQ Palladam, Tamil Nadu, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2025
₹258.04 Cr
▼ 28% YoY
Net loss · FY 2025
₹3.13 Cr
Net margin -1.2%
EBITDA · FY 2025
₹16.05 Cr
EBITDA margin 6.2%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹11.04 Cr
Issued & subscribed
Open charges
₹240 Cr
Satisfied ₹50 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
152
Provident fund records

About Electrodrive Powertrain Solutions Private Limited

Data last updated:

Electrodrive Powertrain Solutions Private Limited is a private limited company based in Palladam, Tamil Nadu, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 25 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2017PTC029256. Its GSTIN is 33AAECE7293A1ZW (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹11.04 Cr. It is led by director Sridhar Narayan.

Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Palladam, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹258.04 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹3.13 Cr (net margin -1.2%) and EBITDA of ₹16.05 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 16% over five years.

The company has about 152 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Electra EV. As per MCA filings, the company has open charges of ₹240 Cr and satisfied charges of ₹50 Cr on record. The company has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹129.99 Cr; the latest was in October 2022. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 8 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website electraev.com.

Company details

CIN U74999TZ2017PTC029256
Registration Number 029256
Incorporation Date 25 July 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Electrodrive Powertrain Solutions Private Limited's registered office is in Palladam, Tamil Nadu. Its website is electraev.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Sf No 698/3, Irugur Michael Job College Ravathur, Palladam, Tamil Nadu, India – 641402
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Electrodrive Powertrain Solutions Private Limited, buy the company report.

Comprehensive company report
Electrodrive Powertrain Solutions 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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Brands

Electrodrive Powertrain Solutions operates one associated brand: Electra EV. Each brand links to its own profile.

BrandDescriptionWebsite
Developer of electric vehicle powertrain solutions, battery systems, and control systemselectraev.com

Business activity

The main business activities of Electrodrive Powertrain Solutions are manufacturing and professional, scientific and technical. In detail, this covers manufacture of machinery and equipment n.e.c. and scientific research and development. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing28Manufacture of machinery and equipment n.e.c.
MProfessional, Scientific and TechnicalM5Scientific research and development

To see the full business activity and turnover split of Electrodrive Powertrain Solutions Private Limited, buy the company report.

Financials of Electrodrive Powertrain Solutions Private Limited

FY 2025 filings available

Electrodrive Powertrain Solutions Private Limited reported revenue of ₹258.04 Cr (down 28% YoY) for FY 2025.

Revenue · FY 2025
₹258.04 Cr ▼ 28%
Net loss · FY 2025
₹3.13 Cr margin -1.2%
EBITDA · FY 2025
₹16.05 Cr margin 6.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 39%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 7%
5 years · compounded
▲ 1%

Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 1% 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₹258.04 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.13 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 Margin6.2%
Net Profit Margin-1.2%
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 Electrodrive Powertrain Solutions Private Limited, buy the company report.

Board of directors and KMP of Electrodrive Powertrain Solutions Private Limited

Electrodrive Powertrain Solutions Private Limited currently reports 1 director and 1 key managerial person. 6 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Sridhar NarayanNominee Director28 Oct 20224 Years 0 MonthsCurrent
Samir YajnikCeo26 Apr 20233 Years 6 MonthsCurrent

Auditor

Electrodrive Powertrain Solutions Private Limited is audited by V S S R & CO for the financial year 2025.

Auditor firmFinancial yearFirm registration number
V S S R & COFY 2025016495S

Shareholding

The shareholding of Electrodrive Powertrain Solutions Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Electrodrive Powertrain Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹240 Cr
Satisfied charges
₹50 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹160.00 Cr
Axis Bank Limited₹80.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Nov 2024101015788Hdfc Bank Limited₹30 CrOpen
22 Mar 2024100885727Axis Bank Limited₹80 CrOpen
28 Jul 2022100604723Hdfc Bank Limited₹130 CrOpen
09 May 2023100726552Others₹50 CrSatisfied

To see the full charge records of Electrodrive Powertrain Solutions Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Electrodrive Powertrain Solutions Private Limited has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹129.99 Cr; the latest was in October 2022.

Total deals
6
Secondary share transfers
3
Rights issue
1
Funding round
1
Acquisition
1
Disclosed funding
₹129.99 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Oct 2022Secondary share transferUndisclosedBuyer: GEF Capital Partners
Seller: RNT Capital Advisors
Oct 2022Secondary share transferUndisclosedBuyer: GEF Capital Partners
Seller: RNT Capital Advisors
Mar 2022Rights issue₹4.99 CrInvestors: RNT Capital Advisors, an individual
Mar 2019Secondary share transferUndisclosedBuyer: RNT Capital Advisors, an individual
Seller: 2 individuals
Oct 2018Acquisition₹4.98 CrBuyer: RNT Capital Advisors

To see the full deal history of Electrodrive Powertrain Solutions 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

Electrodrive Powertrain Solutions Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 8 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 8)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Amphenol Omniconnect India Private Limited
Ukay Metal Industries Private Limited
Aruna Eneterprises

To see the full MSME payment records of Electrodrive Powertrain Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Electrodrive Powertrain Solutions Private Limited has a workforce of 152 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
152
Active EPFO establishments
1
Employee growth
44.76%

GST

Electrodrive Powertrain Solutions has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AAECE7293A1ZWTamil NaduActive17 Oct 2017
27AAECE7293A1ZPMaharashtraActive23 Apr 2019

To see the full GST registrations and return filing status of Electrodrive Powertrain Solutions Private Limited, buy the company report.

Recent activity

Electrodrive Powertrain Solutions Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Samir Yajnik was appointed as CEO on 26 Apr 2023.

AGM
Electrodrive Powertrain Solutions Private Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records.
Filing
Electrodrive Powertrain Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 101015788 was registered on 08 Nov 2024.
Charges
A charge registered on 09 May 2023 via Charge ID 100726552 with Others was fully satisfied on 18 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 80.00 Cr with Charge ID 100885727 was registered on 22 Mar 2024.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100726552 was registered on 09 May 2023.
Appointed
Samir Yajnik was appointed as CEO.
Charges
A charge with Hdfc Bank Limited of Rs. 130.00 Cr registered on 28 Jul 2022 with Charge ID 100604723 was modified on 31 Mar 2023.
Appointed
Sridhar Narayan was appointed as Nominee Director.
Ceased
Sridhar Narayan ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 130.00 Cr with Charge ID 100604723 was registered on 28 Jul 2022.
Ceased
Ratan Naval Tata ceased to be Additional Director.

4 earlier events are in the company report.

Frequently asked questions

Electrodrive Powertrain Solutions is an active private limited company based in Palladam, Tamil Nadu, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 25 July 2017 (9+ years old) and is registered under CIN U74999TZ2017PTC029256.

Electrodrive Powertrain Solutions has 2 current directors and KMP:

The latest financial statements of Electrodrive Powertrain Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 August 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Electrodrive Powertrain Solutions is 33AAECE7293A1ZW, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECE7293A1ZP (Maharashtra).

The CIN (Corporate Identification Number) of Electrodrive Powertrain Solutions is U74999TZ2017PTC029256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Electrodrive Powertrain Solutions was incorporated on 25 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.

Electrodrive Powertrain Solutions has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹129.99 Cr; the latest was in October 2022.

Samir Yajnik was appointed as CEO on 26 Apr 2023. Sridhar Narayan was appointed as Nominee Director on 28 Oct 2022. Sridhar Narayan ceased to be Additional Director on 28 Oct 2022. Electrodrive Powertrain Solutions has 7 board changes on record in total.

Electrodrive Powertrain Solutions has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 8 micro and small suppliers. The latest return was filed on 16 Dec 2020.

Electrodrive Powertrain Solutions can be reached through the website electraev.com. Its registered office is in Palladam, Tamil Nadu, India.

The registered office of Electrodrive Powertrain Solutions is at Sf No 6983, Irugur Michael Job College Ravathur, Palladam, Tamil Nadu, India – 641402.