MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0005728
Elgan India Martrade Private Limited - transport and logistics in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.04 Cr
▲ 22% YoY
Net profit · FY 2023
₹2.31 Cr
Net margin 20.9%
EBITDA · FY 2023
₹5.26 Cr
EBITDA margin 47.7%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.94 Cr
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹23.03 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
172
Provident fund records
About Elgan India Martrade Private Limited
Data last updated:
Elgan India Martrade Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 11 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U60210AP2004PTC044374. Its GSTIN is 37AABCE3773C2ZT (Andhra Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.94 Cr. It was formerly known as Eversun Sparkle Maritime Services Private Limited. It is led by directors Arun Prabhakar Patil and Pallavi Sameer Dudwadkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No.302 Oak Wood Jasti Square Apartments Pandurangapuram Beach Road, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.04 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 20.9%) and EBITDA of ₹5.26 Cr (EBITDA margin 47.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.
The company has about 172 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹23.03 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Elgan India Martrade Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0005728). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eversunvizag.com.
Company details
CIN U60210AP2004PTC044374
Registration Number 044374
Incorporation Date 11 October 2004
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-10-0005728
Recognitions & Rankings of Elgan India Martrade
Contact details
Elgan India Martrade Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is eversunvizag.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No.302 Oak Wood Jasti Square Apartments Pandurangapuram Beach Road, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Elgan India Martrade Private Limited, buy the company report.
Comprehensive company report
Elgan India Martrade 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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Financials of Elgan India Martrade Private Limited
FY 2024 filings availableElgan India Martrade Private Limited reported revenue of ₹11.04 Cr (up 22% YoY) for FY 2023.
Revenue · FY 2023
₹11.04 Cr ▲ 22%
Net profit · FY 2023
₹2.31 Cr margin 20.9%
EBITDA · FY 2023
₹5.26 Cr margin 47.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 33%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 655%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 22% growth in the latest year. EBITDA rose 27% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.31 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.7% | ||||
| Net Profit Margin | 20.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Elgan India Martrade Private Limited, buy the company report.
Board of directors of Elgan India Martrade Private Limited
Elgan India Martrade has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Prabhakar Patil Also directs: Gulmohar Farms Pvt Ltd, Budha Agro Farm Pvt Ltd, Sarla Synthetics Private Limited and 5 more | Director | 12 Jun 2025 | 1 Years 4 Months | Current |
| Pallavi Sameer Dudwadkar | Director | 12 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Elgan India Martrade Private Limited is audited by SARC & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARC & Associates | FY 2023 | 006085N |
Shareholding
The shareholding of Elgan India Martrade 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elgan India Martrade Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
₹23.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2024 | 100987885 | Others | ₹4 Cr | Open | |
| 30 Jun 2024 | 100955818 | Others | ₹4 Cr | Open | |
| 26 Jun 2024 | 100953399 | Hdb Financial Services Limited | ₹2 Cr | Open | |
| 27 Jul 2021 | 100465021 | Hdfc Bank Limited | ₹4.48 Cr | Satisfied | |
| 12 Jan 2021 | 100409993 | Others | ₹2.22 Cr | Satisfied |
To see the full charge records of Elgan India Martrade Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Elgan India Martrade Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Court case (MVOP) | Filed against the company | Pending |
To see the full case history of Elgan India Martrade Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elgan India Martrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elgan India Martrade Private Limited has a workforce of 172 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
172
Active EPFO establishments
1
Employee growth
-7.03%
GST
Elgan India Martrade has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCE3773C2ZT | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elgan India Martrade Private Limited, buy the company report.
Recent activity
Elgan India Martrade Private Limited has 16 board changes on record since 2010: 2 appointments and 14 cessations. The latest: Arun Prabhakar Patil ceased to be Additional Director on 29 Sep 2025.
Ceased
Arun Prabhakar Patil ceased to be Additional Director.
Ceased
Pallavi Sameer Dudwadkar ceased to be Additional Director.
Ceased
Vilas Chandulal Darji ceased to be Additional Director.
Appointed
Arun Prabhakar Patil was appointed as Director.
Appointed
Pallavi Sameer Dudwadkar was appointed as Director.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100987885 was registered on 17 Oct 2024.
AGM
Elgan India Martrade Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 27 Jul 2021 via Charge ID 100465021 with Hdfc Bank Limited was fully satisfied on 19 Jul 2024.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100955818 was registered on 30 Jun 2024.
Charges
A charge with Hdb Financial Services Limited amounted to Rs. 2.00 Cr with Charge ID 100953399 was registered on 26 Jun 2024.
Filing
Elgan India Martrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge registered on 12 Jan 2021 via Charge ID 100409993 with Others was fully satisfied on 23 Dec 2023.
22 earlier events are in the company report.
Frequently asked questions
Elgan India Martrade is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 11 October 2004 (22+ years old) and is registered under CIN U60210AP2004PTC044374.
Elgan India Martrade has 2 current directors:
- Arun Prabhakar Patil - Director
- Pallavi Sameer Dudwadkar - Director
The latest financial statements of Elgan India Martrade on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elgan India Martrade is 37AABCE3773C2ZT, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Elgan India Martrade is U60210AP2004PTC044374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elgan India Martrade has 1 court case on record: 1 filed against it. 1 is pending.
Elgan India Martrade was incorporated on 11 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Vijayawada.
Arun Prabhakar Patil ceased to be Additional Director on 29 Sep 2025. Pallavi Sameer Dudwadkar ceased to be Additional Director on 29 Sep 2025. Vilas Chandulal Darji ceased to be Additional Director on 18 Jun 2025. Elgan India Martrade has 16 board changes on record in total.
Yes, Elgan India Martrade is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0005728).
Elgan India Martrade can be reached through the website eversunvizag.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.