MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0088897
Enel X Services India Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.39 Cr
▼ 32% YoY
Net profit · FY 2025
₹5.06 Cr
Net margin 13.2%
EBITDA · FY 2025
₹7.09 Cr
EBITDA margin 18.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹14.97 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Employees · EPFO
114
Provident fund records
Directors on board
2
As per MCA filings
About Enel X Services India Private Limited
Data last updated:
Enel X Services India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Enel X International S.R.L. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 12 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2004PTC145617. Its GSTIN is 27AABCE3095K1ZF (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.97 Lakh. It was formerly known as Entech Utility Service Bureau (India) Private Limited and Exel X Energy India Private Limited. It is led by directors Kartik Harisinh Kapadia (Whole-Time Director) and Dipa Kartik Kapadia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.39 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹5.06 Cr (net margin 13.2%) and EBITDA of ₹7.09 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
The company has about 114 employees on its provident fund (EPFO) records.
The company has 3 deals on record (1 acquisition, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.54 Cr; the latest was in July 2016. Its 3 peer companies in the Information Technology industry (Database Management), with the same principal business activity (data processing, hosting and related activities; web portal) are compared by revenue, 2 larger and 1 smaller; the largest is Lightstorm Data Centers Private Limited with revenue of ₹56.34 Cr.
Enel X Services India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0088897). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website enel.com.
Company details
CIN U72200MH2004PTC145617
Registration Number 145617
Incorporation Date 12 April 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Enel X International S.R.L
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0088897
Name history
Enel X Services India has undergone 4 name changes throughout its history. The current legal name is Enel X Services India Private Limited.
| Company Name | Status |
|---|---|
| Enel X Services India Private Limited | Current |
| Entech Utility Service Bureau (India) Private Limited | Previous |
| Exel X Energy India Private Limited | Previous |
| Enernoc Energy Intelligence Software Private Limited | Previous |
| Enel X India Private Limited | Previous |
Recognitions & Rankings of Enel X Services India
Contact details
Enel X Services India Private Limited's registered office is in Mumbai, Maharashtra. Its website is enel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMarathon Chambers Ground Floor Mafatlal Mill Compound N M Joshi Marg Lower Parel (E, ), Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Enel X Services India Private Limited, buy the company report.
Comprehensive company report
Enel X Services India 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 Enel X Services India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Enel X Services India Private Limited, buy the company report.
Financials of Enel X Services India Private Limited
FY 2025 filings availableEnel X Services India Private Limited reported revenue of ₹38.39 Cr (down 32% YoY) for FY 2025.
Revenue · FY 2025
₹38.39 Cr ▼ 32%
Net profit · FY 2025
₹5.06 Cr margin 13.2%
EBITDA · FY 2025
₹7.09 Cr margin 18.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 19%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 22%
5 years · compounded
▲ 5%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 54% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.06 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | ||||
| Net Profit Margin | 13.2% | ||||
| 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 Enel X Services India Private Limited, buy the company report.
Board of directors of Enel X Services India Private Limited
Enel X Services India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipa Kartik Kapadia | Director | 20 Dec 2021 | 4 Years 10 Months | Current |
| Kartik Harisinh Kapadia | Whole-Time Director | 12 Apr 2004 | 22 Years 6 Months | Current |
Peer comparison
Enel X Services India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Database Management), with the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lightstorm Data Centers Private Limited | ₹56.34 Cr (FY 2025) | 33.0% | Delhi, India | |||
| V&A Diamonds Private Limited | ₹56.28 Cr (FY 2025) | 145.0% | Mumbai, Maharashtra, India | |||
| Brainlabsdigital India Private Limited | ₹51.78 Cr (FY 2025) | 37.0% | Bengaluru, Karnataka, India | |||
| Enel X Services India Private Limitedthis company | ₹38.39 Cr (FY 2025) | ₹5.06 Cr | 13.2% | -32.0% | 114 | Mumbai, Maharashtra, India |
To see the full peer comparison of Enel X Services India Private Limited, buy the company report.
Auditor
Enel X Services India Private Limited is audited by Sanjay C. Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay C. Shah & Associates | FY 2023 | 128148W |
Shareholding
The shareholding of Enel X Services India 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 Enel X Services India Private Limited, buy the company report.
Deals & funding
Enel X Services India Private Limited has 3 deals on record (1 acquisition, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.54 Cr; the latest was in July 2016.
Total deals
3
Acquisition
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹4.54 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Funding round | ₹4.54 Cr | Investors: Enernoc Inc |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Enernoc Inc, an individual Seller: Entech Utility Service Bureau Inc, Par Computer Sciences (International) Ltd |
| Sep 2006 | Acquisition | Undisclosed | Buyer: Par Computer Sciences (International) Ltd Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Enel X Services India 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
No delayed payments to MSME suppliers are on our record for Enel X Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Enel X Services India Private Limited has a workforce of 114 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
114
Active EPFO establishments
1
Employee growth
-51.9%
GST
Enel X Services India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE3095K1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Enel X Services India Private Limited, buy the company report.
Recent activity
Enel X Services India Private Limited has 14 board changes on record since 2004: 8 appointments and 6 cessations. The latest: Brian Joseph Waters ceased to be Director on 22 Dec 2021.
AGM
Enel X Services India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Enel X Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Brian Joseph Waters ceased to be Director.
Appointed
Dipa Kartik Kapadia was appointed as Director.
Ceased
Cornelius Franklyn Moses ceased to be Director.
Appointed
Brian Joseph Waters was appointed as Director.
Ceased
Oliver Francis Dowson ceased to be Director.
Appointed
Cornelius Franklyn Moses was appointed as Director.
Ceased
Jenny Ann Sampson ceased to be Director.
Ceased
Richard James Pickles ceased to be Director.
Ceased
Yogesh Rasiklal Parikh ceased to be Director.
Appointed
Jenny Ann Sampson was appointed as Director.
5 earlier events are in the company report.
News
Frequently asked questions
Enel X Services India is an active private limited company based in Mumbai, Maharashtra, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 12 April 2004 (22+ years old) and is registered under CIN U72200MH2004PTC145617.
Enel X Services India has 2 current directors:
- Kartik Harisinh Kapadia - Whole-Time Director
- Dipa Kartik Kapadia - Director
The latest financial statements of Enel X Services India 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 Enel X Services India is 27AABCE3095K1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Enel X Services India is U72200MH2004PTC145617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Enel X Services India was incorporated on 12 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Enel X Services India has 3 deals on record (1 acquisition, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.54 Cr; the latest was in July 2016.
The peers of Enel X Services India by revenue are Lightstorm Data Centers Private Limited, V&A Diamonds Private Limited, Brainlabsdigital India Private Limited, all in the Information Technology industry (Database Management), with the same principal business activity (data processing, hosting and related activities; web portal).
Brian Joseph Waters ceased to be Director on 22 Dec 2021. Dipa Kartik Kapadia was appointed as Director on 20 Dec 2021. Cornelius Franklyn Moses ceased to be Director on 12 Jan 2017. Enel X Services India has 14 board changes on record in total.
Yes, Enel X Services India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0088897).
Enel X Services India can be reached through the website enel.com. Its registered office is in Mumbai, Maharashtra, India.
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