DPIIT recognised startup Government of India
Startup India
Elito Energy Private Limited
Elito Energy Private Limited - energy and power in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.9 Cr
▲ 164% YoY
Net profit · FY 2024
₹5.67 Lakh
Net margin 2%
EBITDA · FY 2024
₹7.82 Lakh
EBITDA margin 2.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
5
Provident fund records
About Elito Energy Private Limited
Data last updated:
Elito Energy Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 17 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2021PTC128063.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors Kaushik Bhikhabhai Prajapati and Milan Barot.
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 Office No 912 & 912/A Shreeji Signature, Sargasan Opp.Ashka Hospital Shree Ji Infracon Gandhinagar Gujarat – 382421, Gujarat, India – 382421.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.67 Lakh (net margin 2%) and EBITDA of ₹7.82 Lakh (EBITDA margin 2.7%).
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record.
Elito Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0014814).
Company details
CIN U40106GJ2021PTC128063
Registration Number 128063
Incorporation Date 17 December 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-09-0014814
Recognitions & Rankings of Elito Energy
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-09-0014814
Contact details
Elito Energy Private Limited's registered office is in Gandhinagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 912 & 912/A Shreeji Signature, Sargasan Opp.Ashka Hospital Shree Ji Infracon Gandhinagar Gujarat – 382421, Gujarat, India – 382421
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Elito Energy Private Limited, buy the company report.
Comprehensive company report
Elito Energy 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 Elito Energy is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Elito Energy Private Limited, buy the company report.
Financials of Elito Energy Private Limited
FY 2025 filings availableElito Energy Private Limited reported revenue of ₹2.9 Cr (up 164% YoY) for FY 2024.
Revenue · FY 2024
₹2.9 Cr ▲ 164%
Net profit · FY 2024
₹5.67 Lakh margin 2%
EBITDA · FY 2024
₹7.82 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 164%
EBITDA CAGR growth
1 year
▲ 63%
Revenue rose 164% in the latest year. EBITDA rose 63% 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 |
|---|---|---|---|
| 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 | ₹7.82 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.67 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.7% | ||
| Net Profit Margin | 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 | |||
To see the full financial statements and ratios of Elito Energy Private Limited, buy the company report.
Board of directors of Elito Energy Private Limited
Elito Energy has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Bhikhabhai Prajapati Also directs: Orbitech Infoware Private Limited | Director | 03 Nov 2022 | 4 Years 0 Months | Current |
| Milan Barot | Director | 17 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Elito Energy Private Limited is audited by Manoj Patel & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manoj Patel & Associates | FY 2023 | 141828W |
Shareholding
The shareholding of Elito Energy Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Elito Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2024 | 100949185 | Bank of India | ₹3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Elito Energy 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
Elito Energy Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aegis Infoware Limited | |||
| Orbitech Infoware Private Limited |
To see the full MSME payment records of Elito Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Elito Energy Private Limited has a workforce of 5 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-28.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 5 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Elito Energy Private Limited, buy the company report.
GST
No GST registration is on our record for Elito Energy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Elito Energy Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Ronak Janardanbhai Patel ceased to be Director on 04 Nov 2024.
AGM
Elito Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elito Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ronak Janardanbhai Patel ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 3.00 Cr with Charge ID 100949185 was registered on 09 Jul 2024.
Ceased
Amitbhai Vaja ceased to be Additional Director.
Appointed
Kaushik Bhikhabhai Prajapati was appointed as Director.
Ceased
Tejalben Barot ceased to be Director.
Appointed
Milan Barot was appointed as Director.
Incorporation
17 Dec 2021
Elito Energy Private Limited was registered on 17 Dec 2021 with Roc Ahmedabad & aged 4 years 10 months as per MCA records.
Frequently asked questions
Elito Energy is an active private limited company based in Gandhinagar, Gujarat, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 17 December 2021 (5+ years old) and is registered under CIN U40106GJ2021PTC128063.
Elito Energy has 2 current directors:
- Kaushik Bhikhabhai Prajapati - Director
- Milan Barot - Director
The latest financial statements of Elito Energy 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Elito Energy is U40106GJ2021PTC128063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elito Energy was incorporated on 17 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ronak Janardanbhai Patel ceased to be Director on 04 Nov 2024. Amitbhai Vaja ceased to be Additional Director on 29 Sep 2023. Kaushik Bhikhabhai Prajapati was appointed as Director on 03 Nov 2022. Elito Energy has 5 board changes on record in total.
Yes, Elito Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Elito Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-09-0014814).
Elito Energy has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 22 Oct 2023.
The registered office of Elito Energy is at Office No 912 & 912A Shreeji Signature, Sargasan Opp.Ashka Hospital Shree Ji Infracon Gandhinagar Gujarat – 382421, Gujarat, India – 382421.
Elito Energy operates in the energy and power industry, in the bop and btg services segment.
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