MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0050022
Elthor Energy Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.89 Cr
▼ 33% YoY
Net loss · FY 2025
₹3.95 Lakh
Net margin -2.1%
EBITDA · FY 2025
₹54,330
EBITDA margin 0.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹11.86 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Elthor Energy Private Limited
Data last updated:
Elthor Energy Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 19 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2020PTC137407. Its GSTIN is 29AAGCE0312C1Z9 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Parasur Sudhakar Babu and Parasur Neeraja.
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 No. 617 Ground & First Floor 80 Feet Road 6th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.89 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹3.95 Lakh (net margin -2.1%) and EBITDA of ₹54,330 (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years.
The company is associated with 1 brand: Elthor. As per MCA filings, the company has open charges of ₹11.86 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Elthor Energy Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0050022). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elthorenergy.com.
Company details
CIN U31900KA2020PTC137407
Registration Number 137407
Incorporation Date 19 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0050022
Recognitions & Rankings of Elthor Energy
Contact details
Elthor Energy Private Limited's registered office is in Bangalore, Karnataka. Its website is elthorenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 617 Ground & First Floor 80 Feet Road 6th Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Elthor Energy Private Limited, buy the company report.
Comprehensive company report
Elthor 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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Brands
Elthor Energy operates one associated brand: Elthor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures electric bikes for personal transport and delivery sectors. | elthorenergy.com |
Business activity
The main business activity of Elthor Energy is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Elthor Energy Private Limited, buy the company report.
Financials of Elthor Energy Private Limited
FY 2025 filings availableElthor Energy Private Limited reported revenue of ₹1.89 Cr (down 33% YoY) for FY 2025.
Revenue · FY 2025
₹1.89 Cr ▼ 33%
Net loss · FY 2025
₹3.95 Lakh margin -2.1%
EBITDA · FY 2025
₹54,330 margin 0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 39%
EBITDA CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 70%
Revenue has declined at a compounded annual rate (CAGR) of 39% over three years, including a 33% fall in the latest year. EBITDA fell 87% 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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| Total Expenses | |||||
| EBITDA | ₹54,330 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.95 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 0.3% | ||||
| Net Profit Margin | -2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Elthor Energy Private Limited, buy the company report.
Board of directors of Elthor Energy Private Limited
Elthor Energy has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parasur Sudhakar Babu Also directs: Elthor EV Private Limited, Ecarbon Neutrality Private Limited | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Parasur Neeraja Also directs: Elthor EV Private Limited | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Elthor Energy Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ivroom Power Private Limited | ₹1.98 Cr (FY 2023) | -23.0% | Bangalore, Karnataka, India | |||
| Xavion Electric Mobility Private Limited | ₹1.93 Cr (FY 2024) | 7232.0% | Pune, Maharashtra, India | |||
| Elthor Energy Private Limitedthis company | ₹1.89 Cr (FY 2025) | -₹3.95 Lakh | -2.1% | -33.0% | Bangalore, Karnataka, India | |
| Motrac Motors Private Limited | ₹1.87 Cr (FY 2022) | 141.0% | New Delhi, Delhi, India | |||
| Hybridrickshaw Electric Private Limited | ₹1.78 Cr (FY 2022) | 297.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Elthor Energy Private Limited, buy the company report.
Auditor
Elthor Energy Private Limited is audited by VENKATESH BHASKAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKATESH BHASKAR & ASSOCIATES | FY 2022 | 009735S |
Shareholding
The shareholding of Elthor Energy Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Elthor Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.86 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2022 | 100564358 | Hdfc Bank Limited | ₹11.86 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Elthor Energy 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, SURAT, Gujarat | Court case (SMCST) | Filed against the company by an individual | Pending |
To see the full case history of Elthor Energy 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 Elthor Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elthor Energy Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
Active EPFO establishments
1
GST
Elthor Energy has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCE0312C1Z9 | Karnataka | Active | 27 Aug 2020 |
| 37AAGCE0312C1ZC | Andhra Pradesh | Active | 14 Jan 2021 |
To see the full GST registrations and return filing status of Elthor Energy Private Limited, buy the company report.
Recent activity
Elthor Energy Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Parasur Neeraja was appointed as Director on 19 Aug 2020.
AGM
Elthor Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elthor Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.86 Lakh with Charge ID 100564358 was registered on 30 Mar 2022.
Appointed
Parasur Neeraja was appointed as Director.
Appointed
Parasur Sudhakar Babu was appointed as Director.
Incorporation
19 Aug 2020
Elthor Energy Private Limited was registered on 19 Aug 2020 with Roc Bangalore & aged 6 years 2 months as per MCA records.
Frequently asked questions
Elthor Energy is an active private limited company based in Bangalore, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 19 August 2020 (6+ years old) and is registered under CIN U31900KA2020PTC137407.
Elthor Energy has 2 current directors:
- Parasur Sudhakar Babu - Director
- Parasur Neeraja - Director
The latest financial statements of Elthor 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 2021 are in the company report.
The GSTIN of Elthor Energy is 29AAGCE0312C1Z9, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAGCE0312C1ZC (Andhra Pradesh).
The CIN (Corporate Identification Number) of Elthor Energy is U31900KA2020PTC137407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elthor Energy has 1 court case on record: 1 filed against it. 1 is pending.
Elthor Energy was incorporated on 19 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Elthor Energy by revenue are Ivroom Power Private Limited, Xavion Electric Mobility Private Limited, Motrac Motors Private Limited, Hybridrickshaw Electric Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Parasur Neeraja was appointed as Director on 19 Aug 2020. Parasur Sudhakar Babu was appointed as Director on 19 Aug 2020.
Yes, Elthor Energy is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0050022).
Elthor Energy can be reached through the website elthorenergy.com. Its registered office is in Bangalore, Karnataka, India.
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