MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0002378
Elgi Ultra Private Limited - consumer electronics & durables in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹145.83 Cr
▲ 6% YoY
Net loss · FY 2025
₹2.53 Cr
Net margin -1.7%
EBITDA · FY 2025
₹3.26 Cr
EBITDA margin 2.2%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹1.21 Lakh
Issued & subscribed
Open charges
₹36.5 Cr
Satisfied ₹28.93 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
321
Provident fund records
About Elgi Ultra Private Limited
Data last updated:
Elgi Ultra Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 30 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29309TZ2017PTC029610. Its GSTIN is 33AAECE8310N1ZL (Tamil Nadu). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹1.21 Lakh. It is led by directors including Balasubramaniyan Balakrishnan (Managing Director) and Anvarjay Varadaraj.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at India House New No.1443/1 Trichy Road, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2025, the company reported a revenue of ₹145.83 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹2.53 Cr (net margin -1.7%) and EBITDA of ₹3.26 Cr (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
The company has about 321 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elgi Ultra Industries. As per MCA filings, the company has open charges of ₹36.5 Cr and satisfied charges of ₹28.93 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹59.18 Cr; the latest was in July 2023. Its 6 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Fulham (India) Private Limited with revenue of ₹153.39 Cr. The company has 17 MSME Form 1 returns on record between 2018 and 2024, listing 2,102 overdue payments to 68 micro and small suppliers.
Elgi Ultra Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0002378). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elgiultra.com.
Company details
CIN U29309TZ2017PTC029610
Registration Number 029610
Incorporation Date 30 October 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0002378
CIN history
Elgi Ultra has one previous CIN (Corporate Identification Number): U29309TZ2017PLC029610. The current CIN is U29309TZ2017PTC029610, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309TZ2017PTC029610 | Current |
| U29309TZ2017PLC029610 | Previous |
Key People
Balasubramaniyan Balakrishnan Managing Director Anvarjay Varadaraj Director Jairam Varadaraj Director Recognitions & Rankings of Elgi Ultra
Contact details
Elgi Ultra Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is elgiultra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressIndia House New No.1443/1 Trichy Road, Coimbatore, Tamil Nadu, India – 641018
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Elgi Ultra Private Limited, buy the company report.
Comprehensive company report
Elgi Ultra 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
Brands
Elgi Ultra operates one associated brand: Elgi Ultra Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and selling kitchen appliances in India. | elgiultra.com |
Business activity
The main business activity of Elgi Ultra is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Elgi Ultra Private Limited, buy the company report.
Financials of Elgi Ultra Private Limited
FY 2025 filings availableElgi Ultra Private Limited reported revenue of ₹145.83 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹145.83 Cr ▲ 6%
Net loss · FY 2025
₹2.53 Cr margin -1.7%
EBITDA · FY 2025
₹3.26 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▼ 37%
Revenue rose 6% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 70% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.53 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | -1.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Elgi Ultra Private Limited, buy the company report.
Board of directors of Elgi Ultra Private Limited
Elgi Ultra has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramaniyan Balakrishnan | Managing Director | 30 Oct 2017 | 8 Years 11 Months | Current |
| Anvarjay Varadaraj | Director | 03 Jun 2020 | 6 Years 4 Months | Current |
| Jairam Varadaraj Also directs: Elgi Rubber Company Limited, Elgi Equipments Limited, Elgi Sauer Compressors Limited and 3 more | Director | 30 Oct 2017 | 8 Years 11 Months | Current |
Peer comparison
Elgi Ultra Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 |
|---|---|---|---|---|---|---|
| Fulham (India) Private Limited | ₹153.39 Cr (FY 2025) | -4.0% | Pune, Maharashtra, India | |||
| Williams Controls India Private Limited | ₹152.85 Cr (FY 2025) | 1.0% | Pune, Maharashtra, India | |||
| Narayan Industries Global Limited | ₹146.55 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Elgi Ultra Private Limitedthis company | ₹145.83 Cr (FY 2025) | -₹2.53 Cr | -1.7% | 6.0% | 321 | Coimbatore, Tamil Nadu, India |
| K-Lite Industries Private Limited | ₹145.51 Cr (FY 2025) | 2290.0% | Chennai, Tamil Nadu, India | |||
| Xiaolin Electronic Private Limited | ₹145.37 Cr (FY 2022) | 30.0% | Noida, Uttar Pradesh, India | |||
| Sakshi Auto Parts Pvt.Ltd. | ₹143.68 Cr (FY 2024) | 84.0% | Pune, Maharashtra, India |
To see the full peer comparison of Elgi Ultra Private Limited, buy the company report.
Auditor
Elgi Ultra Private Limited is audited by JOHENDAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOHENDAR & CO | FY 2023 | 001344S |
Shareholding
The shareholding of Elgi Ultra 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 Elgi Ultra Private Limited, buy the company report.
Charges & borrowings
Open charges
₹36.5 Cr
Satisfied charges
₹28.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2023 | 100805923 | Others | ₹6.5 Cr | Open | |
| 13 Jul 2020 | 100355439 | Axis Bank Limited | ₹10 Cr | Open | |
| 03 Jul 2020 | 100352602 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 14 Jan 2020 | 100318936 | Others | ₹15 Cr | Open | |
| 20 Feb 2024 | 100877624 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Elgi Ultra Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Elgi Ultra Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹59.18 Cr; the latest was in July 2023.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹59.18 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jan 2022 | Secondary share transfer | Undisclosed | Seller: Dark Horse Portfolio Investment Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Seller: Dark Horse Portfolio Investment Private Limited , L G B Public Welfare Society |
| Sep 2019 | Funding round | ₹50.2 Cr | Investors: Dark Horse Portfolio Investment Private Limited , L G B Public Welfare Society, 2 individuals |
To see the full deal history of Elgi Ultra Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elgi Ultra Private Limited has 3 court cases on record: 3 filed by Elgi Ultra. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against an individual | Disposed |
| Madras High Court | Original application | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Union of India and 3 others | Disposed |
To see the full case history of Elgi Ultra 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.
Credit ratings & regulatory alerts
Elgi Ultra Private Limited was last rated by Crisil on 30 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Apr 2020 |
To see the full credit ratings and regulatory alerts of Elgi Ultra Private Limited, buy the company report.
MSME payment delays
Elgi Ultra Private Limited has 17 MSME Form 1 returns on record between 2018 and 2024, listing 2,102 overdue payments to 68 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 68)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Deccan Sources | |||
| Aarchem Corporation | |||
| an individual supplier | |||
| an individual supplier | |||
| Kaynes Technology India Limited |
To see the full MSME payment records of Elgi Ultra Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Elgi Ultra Private Limited has a workforce of 321 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
321
Active EPFO establishments
1
Employee growth
-10.34%
GST
Elgi Ultra has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
10
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECE8310N1ZL | Tamil Nadu | Active | 18 Jun 2019 |
| 37AAECE8310N1ZD | Andhra Pradesh | Active | 20 Jun 2019 |
| 29AAECE8310N1ZA | Karnataka | Active | 26 Jun 2019 |
| 36AAECE8310N1ZF | Telangana | Active | 04 Jul 2019 |
To see the full GST registrations and return filing status of Elgi Ultra Private Limited, buy the company report.
Recent activity
Elgi Ultra Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Balasubramaniyan Balakrishnan ceased to be Managing Director on 14 Aug 2022.
AGM
Elgi Ultra Private Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records.
Charges
A charge registered on 20 Feb 2024 via Charge ID 100877624 with Others was fully satisfied on 19 May 2025.
Filing
Elgi Ultra Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100877624 was registered on 20 Feb 2024.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100805923 was registered on 26 Oct 2023.
Charges
A charge registered on 17 Oct 2020 via Charge ID 100384767 with Others was fully satisfied on 18 Aug 2023.
Charges
A charge registered on 22 May 2020 via Charge ID 100339599 with Others was fully satisfied on 17 Aug 2023.
Ceased
Balasubramaniyan Balakrishnan ceased to be Managing Director.
Ceased
Panchapakesan Vijay Raghunath ceased to be Director.
Ceased
Ramdass Vidyasagar ceased to be Director.
Charges
A charge with Others of Rs. 2.00 Cr registered on 17 Oct 2020 with Charge ID 100384767 was modified on 04 Aug 2021.
Charges
A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 13 Jul 2020 with Charge ID 100355439 was modified on 04 Aug 2021.
13 earlier events are in the company report.
Frequently asked questions
Elgi Ultra is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 30 October 2017 (9+ years old) and is registered under CIN U29309TZ2017PTC029610.
Elgi Ultra has 3 current directors:
- Balasubramaniyan Balakrishnan - Managing Director
- Anvarjay Varadaraj - Director
- Jairam Varadaraj - Director
The latest financial statements of Elgi Ultra on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Elgi Ultra is 33AAECE8310N1ZL, registered in Tamil Nadu. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAECE8310N1ZD (Andhra Pradesh), 29AAECE8310N1ZA (Karnataka), 36AAECE8310N1ZF (Telangana).
The CIN (Corporate Identification Number) of Elgi Ultra is U29309TZ2017PTC029610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elgi Ultra has 3 court cases on record: 3 filed by the company.
Elgi Ultra was incorporated on 30 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
Elgi Ultra has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹59.18 Cr; the latest was in July 2023.
The peers of Elgi Ultra by revenue are Fulham (India) Private Limited, Williams Controls India Private Limited, Narayan Industries Global Limited, K-Lite Industries Private Limited, Xiaolin Electronic Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Balasubramaniyan Balakrishnan ceased to be Managing Director on 14 Aug 2022. Panchapakesan Vijay Raghunath ceased to be Director on 28 Jul 2022. Ramdass Vidyasagar ceased to be Director on 28 Jul 2022. Elgi Ultra has 7 board changes on record in total.
Yes, Elgi Ultra is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0002378).
Elgi Ultra has 17 MSME Form 1 returns on record between 2018 and 2024, listing 2,102 overdue payments to 68 micro and small suppliers. The latest return was filed on 25 Apr 2024.