Elemental Motor Works Private Limited

Elemental Motor Works Private Limited - automobile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U34300KA2018PTC111177 Incorporated 14 March 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company automobile DPIIT Startup
Data last updated
Revenue · FY 2024
₹1
▼ 100% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Elemental Motor Works Private Limited

Data last updated:

Elemental Motor Works Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the automobiles sector. It was incorporated on 14 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34300KA2018PTC111177. Its GSTIN is 29AAECE9738N2ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Piyush Verma and Pulamathi Bhanuprakash Akshay.

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 #12/A – 2 14th Cross 24th Main J P Nagar 1st Phase, Bangalore, Karnataka, India – 560078.

Company details

CIN U34300KA2018PTC111177
Registration Number 111177
Incorporation Date 14 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Piyush Verma Director Pulamathi Bhanuprakash Akshay Director Kempe Gowda Nishanth Patel Director

Recognitions & Rankings of Elemental Motor Works

DPIIT recognised startup Government of India
Startup India

Contact details

Elemental Motor Works Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    #12/A – 2 14th Cross 24th Main J P Nagar 1st Phase, Bangalore, Karnataka, India – 560078
  • Industry
    Automobile, Manufacturing, Motor Vehicle Parts & Accessories

To see the full contact details of Elemental Motor Works Private Limited, buy the company report.

Comprehensive company report
Elemental Motor Works 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 Elemental Motor Works is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC12Repair & installation of machinery & equipment, motor vehicles

To see the full business activity and turnover split of Elemental Motor Works Private Limited, buy the company report.

Financials of Elemental Motor Works Private Limited

FY 2025 filings available

Elemental Motor Works Private Limited reported revenue of ₹1 (down 100% YoY) for FY 2024.

Revenue · FY 2024
₹1 ▼ 100%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 99%
5 years · compounded
▼ 75%

Revenue has declined at a compounded annual rate (CAGR) of 75% over five years. 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Elemental Motor Works Private Limited, buy the company report.

Board of directors of Elemental Motor Works Private Limited

Elemental Motor Works has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Piyush VermaDirector14 Mar 20188 Years 7 MonthsCurrent
Pulamathi Bhanuprakash AkshayDirector14 Mar 20188 Years 7 MonthsCurrent
Kempe Gowda Nishanth Patel
Also directs: Carnad Engineering Private Limited
Director14 Mar 20188 Years 7 MonthsCurrent
View all directors

Peer comparison

Elemental Motor Works Private Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (repair & installation of machinery & equipment, motor vehicles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
A.S. Engineering Private Limited₹9 (FY 2018)-100.0%Uttar Pradesh, India
Behind the Lens Security and Services Private Limited₹3 (FY 2023)Jalgaon, Maharashtra, India
Elemental Motor Works Private Limitedthis company₹1 (FY 2024)-100.0%Bangalore, Karnataka, India
Sunpro Elevators Private Limited₹1 (FY 2024)Ghaziabad, Uttar Pradesh, India
Chillbox Services Private Limited₹1 (FY 2023)-100.0%Bhubaneswar, Odisha, India
Benara Engine Spares Private Limited₹1 (FY 2020)-100.0%Agra, Uttar Pradesh, India

To see the full peer comparison of Elemental Motor Works Private Limited, buy the company report.

MSME payment delays

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

GST

Elemental Motor Works has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAECE9738N2ZRKarnatakaActive09 Oct 2021

To see the full GST registrations and return filing status of Elemental Motor Works Private Limited, buy the company report.

Recent activity

Elemental Motor Works Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Kempe Gowda Nishanth Patel was appointed as Director on 14 Mar 2018.

AGM
Elemental Motor Works Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elemental Motor Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Kempe Gowda Nishanth Patel was appointed as Director.
Appointed
Piyush Verma was appointed as Director.
Appointed
Pulamathi Bhanuprakash Akshay was appointed as Director.
Incorporation
14 Mar 2018
Elemental Motor Works Private Limited was registered on 14 Mar 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.

Frequently asked questions

Elemental Motor Works is an active private limited company based in Bangalore, Karnataka, India. The company works in manufacturing, within the automobile industry. It was incorporated on 14 March 2018 (8+ years old) and is registered under CIN U34300KA2018PTC111177.

Elemental Motor Works has 3 current directors:

The latest financial statements of Elemental Motor Works 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 2018 are in the company report.

The GSTIN of Elemental Motor Works is 29AAECE9738N2ZR, registered in Karnataka. 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 Elemental Motor Works is U34300KA2018PTC111177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Elemental Motor Works was incorporated on 14 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Elemental Motor Works by revenue are A.S. Engineering Private Limited, Behind the Lens Security and Services Private Limited, Sunpro Elevators Private Limited, Chillbox Services Private Limited, Benara Engine Spares Private Limited, all in the same principal business activity (repair & installation of machinery & equipment, motor vehicles).

Kempe Gowda Nishanth Patel was appointed as Director on 14 Mar 2018. Piyush Verma was appointed as Director on 14 Mar 2018. Pulamathi Bhanuprakash Akshay was appointed as Director on 14 Mar 2018.

Yes, Elemental Motor Works is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Elemental Motor Works is at #12A – 2 14th Cross 24th Main J P Nagar 1st Phase, Bangalore, Karnataka, India – 560078.

Elemental Motor Works operates in the automobile industry, in the manufacturing segment.