MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0061025
Elster Metering Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.54 Cr
▼ 21% YoY
Net loss · FY 2023
₹2.68 Cr
Net margin -18.4%
EBITDA · FY 2023
-₹2.64 Cr
EBITDA margin -18.2%
Authorised capital
₹10.5 Cr
Registered with MCA
Paid-up capital
₹10.2 Cr
Issued & subscribed
Satisfied charges
₹18 Cr
No open charges
Company age
23 yrs
Est. 2003
Employees · EPFO
1
Provident fund records
About Elster Metering Private Limited
Data last updated:
Elster Metering Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Elster Metering Holding Limited. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 14 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33125MH2003PTC139161. Its GSTIN is 27AABCE1487B3ZW (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹10.2 Cr. It is led by directors Raghav Makhija and Rinku Nehra.
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 A Wing 6th Floor We Work Chromium Jogeshwari – Vikhroli Link Road, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.54 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹2.68 Cr (net margin -18.4%) and EBITDA of -₹2.64 Cr (EBITDA margin -18.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Elster. As per MCA filings, the company has satisfied charges of ₹18 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Elster Metering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0061025). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elster-instromet.com.
Company details
CIN U33125MH2003PTC139161
Registration Number 139161
Incorporation Date 14 February 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Elster Metering Holding Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0061025
Key People
Raghav Makhija Director Rinku Nehra Director Recognitions & Rankings of Elster Metering
Contact details
Elster Metering Private Limited's registered office is in Mumbai, Maharashtra. Its website is elster-instromet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA Wing 6th Floor We Work Chromium Jogeshwari – Vikhroli Link Road, Mumbai, Maharashtra, India – 400072
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of Elster Metering Private Limited, buy the company report.
Comprehensive company report
Elster Metering 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Elster Metering operates one associated brand: Elster. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial heating systems are supplied by Elster for various applications. | elster-instromet.com |
Financials of Elster Metering Private Limited
FY 2025 filings availableElster Metering Private Limited reported revenue of ₹14.54 Cr (down 21% YoY) for FY 2023.
Revenue · FY 2023
₹14.54 Cr ▼ 21%
Net loss · FY 2023
₹2.68 Cr margin -18.4%
EBITDA · FY 2023
-₹2.64 Cr margin -18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 18%
5 years · compounded
▲ 15%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. 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 | ₹14.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.68 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.2% | ||||
| Net Profit Margin | -18.4% | ||||
| 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 Elster Metering Private Limited, buy the company report.
Board of directors of Elster Metering Private Limited
Elster Metering has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Makhija | Director | 17 Jun 2021 | 5 Years 4 Months | Current |
| Rinku Nehra | Director | 10 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Elster Metering Private Limited is audited by Deloitte Haskins & Sells Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells Chartered Accountants LLP | FY 2023 | 117364W |
Shareholding
The shareholding of Elster Metering 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 Elster Metering Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2003 | 90144523 | Icici Bank Ltd. | ₹18 Cr | Satisfied |
To see the full charge records of Elster Metering Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Elster Metering Private Limited has 4 court cases on record: 1 filed by Elster Metering, 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra THR GP and Ors | Pending |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income-Tax-8 | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Elster Metering 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
Elster Metering Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 80 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ahuja Valecha & Associates LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Elster Metering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Elster Metering Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
GST
Elster Metering has 6 GST registrations: 1 active and 5 cancelled or inactive.
Total GSTINs
6
Active
1
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE1487B3ZW | Maharashtra | Active | 20 Feb 2018 |
To see the full GST registrations and return filing status of Elster Metering Private Limited, buy the company report.
Recent activity
Elster Metering Private Limited has 17 board changes on record since 2006: 3 appointments and 14 cessations. The latest: Saket Bhattar was appointed as Company Secretary on 27 Aug 2024.
AGM
Elster Metering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elster Metering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Saket Bhattar was appointed as Company Secretary.
Ceased
Amit Kumar Tantia ceased to be Director.
Ceased
Raghav Makhija ceased to be Additional Director.
Ceased
Rinku Nehra ceased to be Additional Director.
Appointed
Raghav Makhija was appointed as Director.
Ceased
Subodh Satish Vaidya ceased to be Director.
Appointed
Rinku Nehra was appointed as Director.
Ceased
Kamal Pramod Jha ceased to be Director.
Ceased
Ashish Kumar Modi ceased to be Additional Director.
Ceased
Sudhir Narayana Pillai ceased to be Additional Director.
11 earlier events are in the company report.
Frequently asked questions
Elster Metering is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 14 February 2003 (23+ years old) and is registered under CIN U33125MH2003PTC139161.
Elster Metering has 2 current directors:
- Raghav Makhija - Director
- Rinku Nehra - Director
The latest financial statements of Elster Metering 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 2015 are in the company report.
The GSTIN of Elster Metering is 27AABCE1487B3ZW, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Elster Metering is U33125MH2003PTC139161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elster Metering has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Elster Metering was incorporated on 14 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Saket Bhattar was appointed as Company Secretary on 27 Aug 2024. Amit Kumar Tantia ceased to be Director on 08 Apr 2022. Raghav Makhija ceased to be Additional Director on 17 Nov 2021. Elster Metering has 17 board changes on record in total.
Yes, Elster Metering is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0061025).
Elster Metering has 13 MSME Form 1 returns on record between 2019 and 2023, listing 80 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Elster Metering can be reached through the website elster-instromet.com. Its registered office is in Mumbai, Maharashtra, India.