About Elg India Private Limited
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Elg India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Elg International Holding B. V.. It operates in the business support services segment of the business services sector. It was incorporated on 31 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U37200MH2012FTC226523. Its GSTIN is 27AACCE9425C1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹39.99 Lakh. It is led by directors Sonal Kuldeep Kavadi and Alexis Nicolas Goudrias.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 608 Srishti Plaza Off Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.57 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹11.3 Lakh (net margin -7.2%) and EBITDA of ₹18.31 Lakh (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company is associated with 1 brand: ELG.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elgmetals.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address608 Srishti Plaza Off Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072
- IndustryBusiness Services, Business Support Services
- 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
Associated Brands with Elg India Private Limited
Elg India operates one associated brand: ELG. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Metal products are recycled through specialized services by ELG. | elgmetals.com |
Competitors & Alternatives of Elg India Private Limited
Brands and companies operating in the same space as Elg India Private Limited include Umicore, Befesa, A.Y. McDonald and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Umicore | Platinum, rhodium, and palladium-based materials are manufactured by Umicore. | Brussels, Belgium | 1805 |
 Befesa | Industrial residues from various sectors are recycled by Befesa. | Seville, Spain | 1993 |
 A.Y. McDonald | Provider of metal recycling services | Dubuque, United States | 1856 |
 Scrap Metal Services | Supplier of ferrous and non-ferrous scrap commodities to both domestic and international consumers | Illinois City, United States | 2005 |
 Sims Metal Management | Metal and electronics recycling services are provided worldwide. | New York, United States | 1917 |
 Metalico | Metalico, Inc. is engaged in scrap metal processing and recycling. | Cranford, United States | 1997 |
 Schnitzer Steel | Metal scrap recycling services are provided to industrial clients. | Portland, United States | 1906 |
 Venture Metals | Provider of recycling, reclamation, and investment recovery services | Dallas, United States | 1986 |
 Runaya | Delivers metal recycling services to promote sustainable waste management. | Mumbai, India | 2017 |
 Galloo | Recycles metals, cars, electronics, plastics, and ships for sustainable waste management. | Menen, Belgium | 1939 |
Business Activity of Elg India Private Limited
The main business activity of Elg India is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Auditor Details of Elg India Private Limited
Elg India Private Limited is audited by Phirodia Bafna & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Phirodia Bafna & Associates | 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 Elg India Private Limited
Elg India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Kuldeep Kavadi Also directs: Aperam Alloys India Private Limited | Director | 12 Aug 2023 | 3 Years 1 Months | Current |
| Alexis Nicolas Goudrias | Additional Director | 25 Nov 2025 | 0 Years 10 Months | Current |
Financials of Elg India Private Limited FY 2025 filings available
Elg India Private Limited reported revenue of ₹1.57 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elg India Private Limited
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 20% 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 Elg 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 | ₹18.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.3 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 of Elg India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Elg 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.
Ownership and Shareholding of Elg 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 Elg India Private Limited
Elg India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elg India Private Limited
Employment history and EPFO contributions of people linked to Elg 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.
GST Compliance of Elg India Private Limited
Elg India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE9425C1ZT | Maharashtra | 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.
Credit Ratings, Litigation & Regulatory Alerts for Elg 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 Elg 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 Elg 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.
MCA Filings & Documents of Elg 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.
Recent Activity on Elg India Private Limited
Frequently Asked Questions about Elg India Private Limited
Elg India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 31 January 2012 (14+ years old) and is registered under CIN U37200MH2012FTC226523.
Elg India reported revenue of ₹1.57 Cr for FY 2025 (down 7% YoY).
Elg India has 2 current directors:
- Sonal Kuldeep Kavadi - Director
- Alexis Nicolas Goudrias - Additional Director
Elg India reported a net loss of ₹11.3 Lakh (net margin -7.2%) and EBITDA of ₹18.31 Lakh (EBITDA margin 11.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elg India is 5% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elg India is 27AACCE9425C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elg India is U37200MH2012FTC226523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elg India was incorporated on 31 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Elg India can be reached through the website elgmetals.com. Its registered office is in Mumbai, Maharashtra, India.