Startup India Government of India
Epavo Electricals Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹26.77 Cr
▼ 39% YoY
Net loss · FY 2026
₹12.89 Cr
Net margin -48.2%
EBITDA · FY 2026
-₹4.2 Cr
EBITDA margin -15.7%
Authorised capital
₹45 Cr
Registered with MCA
Paid-up capital
₹44.25 Cr
Issued & subscribed
Open charges
₹124.63 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
94
Provident fund records
About Epavo Electricals Private Limited
Data last updated:
Epavo Electricals Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ram Ratna Wires Limited and recognised as a startup by DPIIT. It operates in the industrial pumps and fluid systems segment of the machinery and industrial equipment sector. It was incorporated on 26 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2020PTC344678. Its GSTIN is 26AAGCE0479E1ZR (Dadra and Nagar Haveli and Daman and Diu).
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹44.25 Cr. It is led by directors including Sudhir Ramnarayan Kasat (Managing Director) and Mahhesh Kabra.
Its last annual general meeting (AGM) was held on 29 May 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ram Ratna House Victoria Mill Compound Pandurang Budha Karm Marg Worli, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2026, the company reported a revenue of ₹26.77 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹12.89 Cr (net margin -48.2%) and EBITDA of -₹4.2 Cr (EBITDA margin -15.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 163% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Epavo. As per MCA filings, the company has open charges of ₹124.63 Cr on record. The company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹4 Cr; the latest was in August 2022. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 27 overdue payments to 9 micro and small suppliers.
Epavo Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0017749). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website epavo.in.
Company details
CIN U31909MH2020PTC344678
Registration Number 344678
Incorporation Date 26 August 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Ram Ratna Wires Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-19-0017749
Key People
Sudhir Ramnarayan Kasat Managing Director Mahhesh Kabra Director Ajay Dd Singhania Director Recognitions & Rankings of Epavo Electricals
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0017749
Contact details
Epavo Electricals Private Limited's registered office is in Mumbai, Maharashtra. Its website is epavo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRam Ratna House Victoria Mill Compound Pandurang Budha Karm Marg Worli, Mumbai, Maharashtra, India – 400013
- IndustryMachinery and Equipment, Industrial Pumps & Fluid Systems
To see the full contact details of Epavo Electricals Private Limited, buy the company report.
Comprehensive company report
Epavo Electricals 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 Epavo Electricals is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Epavo Electricals Private Limited, buy the company report.
Financials of Epavo Electricals Private Limited
FY 2026 filings availableEpavo Electricals Private Limited reported revenue of ₹26.77 Cr (down 39% YoY) for FY 2026.
Revenue · FY 2026
₹26.77 Cr ▼ 39%
Net loss · FY 2026
₹12.89 Cr margin -48.2%
EBITDA · FY 2026
-₹4.2 Cr margin -15.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 15%
5 years · compounded
▲ 163%
EBITDA CAGR growth
1 year
▼ 113%
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 163%. EBITDA fell 113% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.89 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.7% | ||||
| Net Profit Margin | -48.2% | ||||
| 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 Epavo Electricals Private Limited, buy the company report.
Board of directors of Epavo Electricals Private Limited
Epavo Electricals has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahhesh Kabra Also directs: Kabel Buildcon Realty LLP, R R Kabel Limited, World Electrical Hub Private Limited and 2 more | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Ajay Dd Singhania Also directs: Epack Prefab Technologies Limited, Epack Durable Limited, Epack New Age Solutions Limited and 3 more | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Mahendrakumar Rameshwarlal Kabra | Director | 20 Aug 2022 | 4 Years 2 Months | Current |
| Sudhir Ramnarayan Kasat Also directs: World Electrical Hub Private Limited | Managing Director | 24 Mar 2023 | 3 Years 7 Months | Current |
| Nikhil Bothra Also directs: Epack Prefab Technologies Limited | Director | 28 Oct 2024 | 2 Years 0 Months | Current |
| Laxmi Pat Bothra Also directs: Epack Durable Limited, Epack New Age Solutions Limited, Epack Manufacturing Technologies Private Limited and 4 more | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Epavo Electricals Private Limited is audited by Bhagwagar Dalal & Doshi for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhagwagar Dalal & Doshi | FY 2026 | 128093W |
Shareholding
The shareholding of Epavo Electricals Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Epavo Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹124.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2023 | 100704045 | Hdfc Bank Limited | ₹123.63 Cr | Open | |
| 06 Dec 2021 | 100517361 | Hdfc Bank Limited | ₹1 Cr | Open |
To see the full charge records of Epavo Electricals Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Epavo Electricals Private Limited has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹4 Cr; the latest was in August 2022.
Total deals
3
Funding round
1
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹4 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Rights issue | ₹5.89 Cr | Investors: Ram Ratna Wires Limited , Epack Durables Private Limited |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Epack Durables Private Limited Seller: Ennov Techno Tools Private Limited |
| Nov 2020 | Funding round | ₹4 Cr | Investors: Ram Ratna Wires Limited , Ennov Techno Tools Private Limited |
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 Epavo Electricals 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
Epavo Electricals Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 27 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gravity Diecasting Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Epavo Electricals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Epavo Electricals Private Limited has a workforce of 94 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
94
Active EPFO establishments
2
Employee growth
80.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 94 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Epavo Electricals Private Limited, buy the company report.
GST
Epavo Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAGCE0479E1ZR | Dadra and Nagar Haveli and Daman and Diu | Active | 02 Nov 2020 |
To see the full GST registrations and return filing status of Epavo Electricals Private Limited, buy the company report.
Recent activity
Epavo Electricals Private Limited has 13 board changes on record since 2020: 6 appointments and 7 cessations. The latest: Laxmi Pat Bothra ceased to be Additional Director on 04 Nov 2024.
AGM
Epavo Electricals Private Limited last Annual general meeting of members was held on 29 May 2026 as per latest MCA records.
Filing
Epavo Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited of Rs. 123.63 Cr registered on 24 Mar 2023 with Charge ID 100704045 was modified on 20 Dec 2025.
Ceased
Laxmi Pat Bothra ceased to be Additional Director.
Ceased
Nikhil Bothra ceased to be Additional Director.
Appointed
Nikhil Bothra was appointed as Director.
Ceased
Nitin Bothra ceased to be Additional Director.
Appointed
Laxmi Pat Bothra was appointed as Director.
Ceased
Sudhir Ramnarayan Kasat ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 123.63 Cr with Charge ID 100704045 was registered on 24 Mar 2023.
Appointed
Sudhir Ramnarayan Kasat was appointed as Managing Director.
Ceased
Satishkumar Anandilal Agarwal ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Epavo Electricals is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial pumps and fluid systems, within the machinery and equipment industry. It was incorporated on 26 August 2020 (6+ years old) and is registered under CIN U31909MH2020PTC344678.
Epavo Electricals has 6 current directors:
- Sudhir Ramnarayan Kasat - Managing Director
- Mahhesh Kabra - Director
- Ajay Dd Singhania - Director
- Mahendrakumar Rameshwarlal Kabra - Director
- Nikhil Bothra - Director
- Laxmi Pat Bothra - Director
The latest financial statements of Epavo Electricals on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 May 2026. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Epavo Electricals is 26AAGCE0479E1ZR, registered in Dadra and Nagar Haveli and Daman and Diu.
The CIN (Corporate Identification Number) of Epavo Electricals is U31909MH2020PTC344678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epavo Electricals was incorporated on 26 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Epavo Electricals has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹4 Cr; the latest was in August 2022.
Laxmi Pat Bothra ceased to be Additional Director on 04 Nov 2024. Nikhil Bothra ceased to be Additional Director on 04 Nov 2024. Nikhil Bothra was appointed as Director on 28 Oct 2024. Epavo Electricals has 13 board changes on record in total.
Yes, Epavo Electricals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Epavo Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0017749).
Epavo Electricals has 4 MSME Form 1 returns on record between 2021 and 2023, listing 27 overdue payments to 9 micro and small suppliers. The latest return was filed on 18 Nov 2023.
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