- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-26-0194027

Envy Solutions Private Limited
About Envy Solutions Private Limited
Data last updated:
Envy Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 13 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U36109PN2006PTC022161. Its GSTIN is 27AACFE1135A1Z8 (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors including Vinayak Yashvant Marathe and Vijaykumar Ganpat Naik.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Gat No. 342/1 342/2 Plant 1 And 2 Block Sector Near Mahindra Tsubaki Ambaravet, Pune, Maharashtra, India – 412108.
As per the financials filed for FY 2021, the company reported a revenue of ₹29.31 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹24.91 Lakh (net margin -85%) and EBITDA of -₹18.01 Lakh (EBITDA margin -61.4%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
Envy Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0194027). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Envy Solutions
Contact details
Envy Solutions Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGat No. 342/1 342/2 Plant 1 And 2 Block Sector Near Mahindra Tsubaki Ambaravet, Pune, Maharashtra, India – 412108
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Envy Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Envy Solutions is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Envy Solutions Private Limited, buy the company report.
Financials of Envy Solutions Private Limited
FY 2021 filings availableEnvy Solutions Private Limited reported revenue of ₹29.31 Lakh (down 44% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 44% fall in the latest year. EBITDA fell 125% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.31 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.91 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -61.4% | ||||
| Net Profit Margin | -85% | ||||
| 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 | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Envy Solutions Private Limited, buy the company report.
Board of directors of Envy Solutions Private Limited
Envy Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Yashvant Marathe | Director | 13 Mar 2006 | 20 Years 7 Months | Current |
| Vijaykumar Ganpat Naik | Director | 13 Mar 2006 | 20 Years 7 Months | Current |
| Nikhil Vallabhdas Doshi | Director | 13 Mar 2006 | 20 Years 7 Months | Current |
Peer comparison
Envy Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chakiath Furniture Systems Private Limited | ₹30.1 Lakh (FY 2025) | -44.0% | Kochi, Kerala, India | |||
| Envy Solutions Private Limitedthis company | ₹29.31 Lakh (FY 2021) | -₹24.91 Lakh | -85% | -44.0% | Pune, Maharashtra, India | |
| Arsh Wardrobes Private Limited | ₹29.1 Lakh (FY 2018) | Bangalore, Karnataka, India | ||||
| Unique Woods Fabrications Industries Private Limited | ₹28.98 Lakh (FY 2025) | -25.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Envy Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Envy Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Envy Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2019 | 100259974 | Hdfc Bank Limited | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Envy Solutions 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 Envy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Envy Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACFE1135A1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Envy Solutions Private Limited, buy the company report.
Recent activity
Envy Solutions Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Nikhil Vallabhdas Doshi was appointed as Director on 13 Mar 2006.
Frequently asked questions
Envy Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 13 March 2006 (20+ years old) and is registered under CIN U36109PN2006PTC022161.
Envy Solutions has 3 current directors:
- Vinayak Yashvant Marathe - Director
- Vijaykumar Ganpat Naik - Director
- Nikhil Vallabhdas Doshi - Director
The latest financial statements of Envy Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Envy Solutions is 27AACFE1135A1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Envy Solutions is U36109PN2006PTC022161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Envy Solutions was incorporated on 13 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Envy Solutions by revenue are Chakiath Furniture Systems Private Limited, Arsh Wardrobes Private Limited, Unique Woods Fabrications Industries Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Nikhil Vallabhdas Doshi was appointed as Director on 13 Mar 2006. Vijaykumar Ganpat Naik was appointed as Director on 13 Mar 2006. Vinayak Yashvant Marathe was appointed as Director on 13 Mar 2006.
Yes, Envy Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0194027).
The registered office of Envy Solutions is at Gat No. 3421 3422 Plant 1 And 2 Block Sector Near Mahindra Tsubaki Ambaravet, Pune, Maharashtra, India – 412108.
Envy Solutions operates in the consumer electronics and durables industry, in the furniture manufacturing segment.