About Enerqual Technology Private Limited
Data last updated:
Enerqual Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31904MH2018PTC314320. Its GSTIN is 27AAFCE1964R1ZZ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Priyesh Dhariwal and Amit Jain.
Its last annual general meeting (AGM) was held on 29 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 61 Deonar House Deonar Village Near Shah Ind Estate Govandi East, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.65 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 3.8%) and EBITDA of ₹7.69 Lakh (EBITDA margin 21%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 6% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: EnerQual.
For more details, the company can be reached via its website enerqual.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address61 Deonar House Deonar Village Near Shah Ind Estate Govandi East, Mumbai, Maharashtra, India – 400088
- IndustryElectrnoics, Electrical Equipment, Manufacturing, Magnetic
- 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
- One PDF report, delivered after checkout
Associated Brands with Enerqual Technology Private Limited
Enerqual Technology operates one associated brand: EnerQual. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar panel design, installation, and operation services. | enerqual.com |
Competitors & Alternatives of Enerqual Technology Private Limited
Brands and companies operating in the same space as Enerqual Technology Private Limited include Gensol, BHI Energy, NovaSource Power Services and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Gensol | Provider of solar advisory and execution services | Ahmedabad, India | 2007 |
 BHI Energy | Renewable energy and oil & gas projects are developed. | Weymouth, United States | 1979 |
 NovaSource Power Services | Solar operations and maintenance services are provided globally. | Austin, United States | 2020 |
 SunSystem Technology | Operations and maintenance services are provided for solar energy systems. | Rancho Cordova, United States | 2008 |
 ENER-PACTE | Provider of O&M services for solar power plants | Lyon, France | 2016 |
 Inspire Clean Energy | Provides solar PV asset management and operations & maintenance services. | Mumbai, India | 2015 |
 Energy Vision | Solar operations and maintenance services are provided globally. | Port Louis, Mauritius | 2014 |
 Kinematics | Solar energy operations and maintenance services are provided. | Phoenix, United States | 1996 |
 oEnergy | Solar panels are installed and O&M services are provided. | Providencia, Chile | 2013 |
Business Activity of Enerqual Technology Private Limited
The main business activity of Enerqual Technology is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Enerqual Technology Private Limited
Enerqual Technology has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arati Nath Also directs: Aartech Solonics Limited, Umangshridhar Designs Private Limited, Aic- Aartech Solonics Private Limited and 1 more | Nominee Director | 03 Jan 2022 | 4 Years 9 Months | Current |
| Priyesh Dhariwal Also directs: Axitrix T-24 Technologies Private Limited | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
| Amit Jain Also directs: Axitrix T-24 Technologies Private Limited | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
Financials of Enerqual Technology Private Limited FY 2025 filings available
Enerqual Technology Private Limited reported revenue of ₹36.65 Lakh (down 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Enerqual Technology Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 81% fall in the latest year. EBITDA fell 57% 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 of Enerqual Technology Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.41 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Enerqual Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Enerqual Technology are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Enerqual Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Enerqual Technology Private Limited
Enerqual Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Enerqual Technology Private Limited
Enerqual Technology Private Limited has a workforce of 19 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Enerqual Technology Private Limited
Enerqual Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE1964R1ZZ | Maharashtra | Active | 22 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Enerqual Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Enerqual Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Enerqual Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Enerqual Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Enerqual Technology Private Limited
Frequently Asked Questions about Enerqual Technology Private Limited
Enerqual Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U31904MH2018PTC314320.
Enerqual Technology reported revenue of ₹36.65 Lakh for FY 2025 (down 81% YoY).
Enerqual Technology has 3 current directors:
- Arati Nath - Nominee Director
- Priyesh Dhariwal - Director
- Amit Jain - Director
Enerqual Technology reported a net profit of ₹1.41 Lakh (net margin 3.8%) and EBITDA of ₹7.69 Lakh (EBITDA margin 21%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Enerqual Technology is -23% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Enerqual Technology is 27AAFCE1964R1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Enerqual Technology is U31904MH2018PTC314320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Enerqual Technology was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Enerqual Technology can be reached through the website enerqual.com. Its registered office is in Mumbai, Maharashtra, India.