MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0065752
Electrovast Solutions Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹51.11 Cr
▲ 222% YoY
Net profit · FY 2024
₹52.77 Lakh
Net margin 1%
EBITDA · FY 2024
₹91 Lakh
EBITDA margin 1.8%
Authorised capital
₹14 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹3.75 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
58
Provident fund records
About Electrovast Solutions Private Limited
Data last updated:
Electrovast Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 10 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31909TN2021PTC141315. Its GSTIN is 33AAGCE3236R1ZC (Tamil Nadu).
The company has an authorised share capital of ₹14 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Krishnamurthi Sriram (Managing Director) and Rajendran Saravanan.
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 Survey Number 30/3B Sivabootham Main Road Chettiyar Agaram, Chennai, Tamil Nadu, India – 600077.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹52.77 Lakh (net margin 1%) and EBITDA of ₹91 Lakh (EBITDA margin 1.8%).
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.75 Cr on record.
Electrovast Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0065752). For more details, the company can be reached via its website electrovast.com.
Company details
CIN U31909TN2021PTC141315
Registration Number 141315
Incorporation Date 10 February 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-TN-02-0065752
Key People
Krishnamurthi Sriram Managing Director Rajendran Saravanan Director Krubanithee Prabaharan Director Recognitions & Rankings of Electrovast Solutions
Contact details
Electrovast Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is electrovast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey Number 30/3B Sivabootham Main Road Chettiyar Agaram, Chennai, Tamil Nadu, India – 600077
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Electrovast Solutions Private Limited, buy the company report.
Comprehensive company report
Electrovast 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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Secure checkout · GST invoice included
Business activity
The main business activity of Electrovast Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Electrovast Solutions Private Limited, buy the company report.
Financials of Electrovast Solutions Private Limited
FY 2025 filings availableElectrovast Solutions Private Limited reported revenue of ₹51.11 Cr (up 222% YoY) for FY 2024.
Revenue · FY 2024
₹51.11 Cr ▲ 222%
Net profit · FY 2024
₹52.77 Lakh margin 1%
EBITDA · FY 2024
₹91 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 222%
EBITDA CAGR growth
1 year
▲ 162%
Revenue rose 222% in the latest year. EBITDA rose 162% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹51.11 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹91 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹52.77 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.8% | |||
| Net Profit Margin | 1% | |||
| 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 Electrovast Solutions Private Limited, buy the company report.
Board of directors of Electrovast Solutions Private Limited
Electrovast Solutions has 4 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 |
|---|---|---|---|---|
| Rajendran Saravanan | Director | 20 Oct 2022 | 4 Years 0 Months | Current |
| Krubanithee Prabaharan | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
| Krishnamurthi Sriram Also directs: Eltech Engineers Madras Private Limited | Managing Director | 10 Feb 2021 | 5 Years 8 Months | Current |
| Priya Sriram | Director | 10 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Electrovast Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| D P K Engineers Private Limited | ₹51.57 Cr (FY 2025) | 28.0% | Bangalore, Karnataka, India | |||
| R S I Switchgear Pvt Ltd | ₹51.2 Cr (FY 2024) | 56.0% | Kolkata, West Bengal, India | |||
| Electrovast Solutions Private Limitedthis company | ₹51.11 Cr (FY 2024) | ₹52.77 Lakh | 1% | 222.0% | 58 | Chennai, Tamil Nadu, India |
| Melcon Controls Private Limited | ₹50.89 Cr (FY 2024) | 86.0% | Sriperumbudur, Tamil Nadu, India | |||
| Alfa Transformers Limited | ₹50.78 Cr (FY 2025) | -1.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Electrovast Solutions Private Limited, buy the company report.
Auditor
Electrovast Solutions Private Limited is audited by MADHU GUPTA for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MADHU GUPTA | FY 2024 | 417951 |
Shareholding
The shareholding of Electrovast Solutions Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Electrovast Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101109447 | Hdfc Bank Limited | ₹24.37 Lakh | Open | |
| 20 Mar 2025 | 101069718 | Hdfc Bank Limited | ₹40.16 Lakh | Open | |
| 25 Feb 2023 | 100686982 | Axis Bank Limited | ₹3.1 Cr | Open |
To see the full charge records of Electrovast Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Electrovast Solutions 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
Electrovast Solutions Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 6 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fomra Electricals (Agencies) |
To see the full MSME payment records of Electrovast Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Electrovast Solutions Private Limited has a workforce of 58 employees on its EPFO records as of Jan 28, 2025, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
31.82%
GST
Electrovast Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCE3236R1ZC | Tamil Nadu | Active | 21 Jun 2021 |
To see the full GST registrations and return filing status of Electrovast Solutions Private Limited, buy the company report.
Recent activity
Electrovast Solutions Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Krubanithee Prabaharan ceased to be Additional Director on 29 Sep 2025.
AGM
Electrovast Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Krubanithee Prabaharan ceased to be Additional Director.
Ceased
Rajendran Saravanan ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.37 Lakh with Charge ID 101109447 was registered on 28 May 2025.
Filing
Electrovast Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.16 Lakh with Charge ID 101069718 was registered on 20 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 310.00 Lakh registered on 25 Feb 2023 with Charge ID 100686982 was modified on 30 May 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 310.00 Lakh with Charge ID 100686982 was registered on 25 Feb 2023.
Appointed
Krubanithee Prabaharan was appointed as Director.
Appointed
Rajendran Saravanan was appointed as Director.
Appointed
Krishnamurthi Sriram was appointed as Managing Director.
Appointed
Priya Sriram was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Electrovast Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 10 February 2021 (5+ years old) and is registered under CIN U31909TN2021PTC141315.
Electrovast Solutions has 4 current directors:
- Krishnamurthi Sriram - Managing Director
- Rajendran Saravanan - Director
- Krubanithee Prabaharan - Director
- Priya Sriram - Director
The latest financial statements of Electrovast Solutions 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 2021 are in the company report.
The GSTIN of Electrovast Solutions is 33AAGCE3236R1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Electrovast Solutions is U31909TN2021PTC141315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electrovast Solutions was incorporated on 10 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Electrovast Solutions by revenue are D P K Engineers Private Limited, R S I Switchgear Pvt Ltd, Melcon Controls Private Limited, Alfa Transformers Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Krubanithee Prabaharan ceased to be Additional Director on 29 Sep 2025. Rajendran Saravanan ceased to be Additional Director on 29 Sep 2025. Krubanithee Prabaharan was appointed as Director on 11 Nov 2022. Electrovast Solutions has 6 board changes on record in total.
Yes, Electrovast Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0065752).
Electrovast Solutions has 3 MSME Form 1 returns on record between 2022 and 2023, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
Electrovast Solutions can be reached through the website electrovast.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Electrovast Solutions is at Survey Number 303B Sivabootham Main Road Chettiyar Agaram, Chennai, Tamil Nadu, India – 600077.
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