- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-19-0090577

About Epsilon Advanced Materials Private Limited
Data last updated:
Epsilon Advanced Materials Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Epsilon Carbon Private Limited. It operates in the graphite manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH2014PTC258718. Its GSTIN is 27AAECN7683B3ZA (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹141.01 Cr. It was formerly known as Epsilon Technocarbon Private Limited. It is led by directors including Sagar Mitra and Radhika Carlton Pereira.
Its last annual general meeting (AGM) was held on 23 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 46 Upadrasta House Dr. V.B. Gandhi Marg Kala Ghoda Fort Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.43 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹97 Cr and EBITDA of -₹46.59 Cr. Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 750% over five years.
The company has about 26 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Epsilon Advanced Materials. As per MCA filings, the company has satisfied charges of ₹29.62 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹111 Cr; the latest was in August 2022. The company has 4 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 2 micro and small suppliers.
Epsilon Advanced Materials Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0090577). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website epsilonam.com.
Company details
Name history
Epsilon Advanced Materials has undergone 3 name changes throughout its history. The company was previously known as Epsilon Advanced Materials Private Limited, Epsilon Technocarbon Private Limited, and Nyri Synthetics Private Limited. The current legal name is Epsilon Advanced Materials Private Limited.
| Company Name | Status |
|---|---|
| Epsilon Advanced Materials Private Limited | Current |
| Epsilon Technocarbon Private Limited | Previous |
| Nyri Synthetics Private Limited | Previous |
Recognitions & Rankings of Epsilon Advanced Materials
Contact details
Epsilon Advanced Materials Private Limited's registered office is in Mumbai, Maharashtra. Its website is epsilonam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 46 Upadrasta House Dr. V.B. Gandhi Marg Kala Ghoda Fort Mumbai, Maharashtra, India – 400001
- IndustryMetals and Minerals, Graphite Manufacturing & Processing
To see the full contact details of Epsilon Advanced Materials 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
Brands
Epsilon Advanced Materials operates one associated brand: Epsilon Advanced Materials. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive solutions in graphite and carbon products for industrial applications. | epsilonam.com |
Business activity
The main business activity of Epsilon Advanced Materials is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Epsilon Advanced Materials Private Limited, buy the company report.
Financials of Epsilon Advanced Materials Private Limited
FY 2024 filings availableEpsilon Advanced Materials Private Limited reported revenue of ₹4.43 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 750% over five years, including 51% growth in the latest year. EBITDA rose 1% 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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| EBITDA | -₹46.59 Cr | ||||
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| Net Profit (PAT) | -₹97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Epsilon Advanced Materials Private Limited, buy the company report.
Board of directors and KMP of Epsilon Advanced Materials Private Limited
Epsilon Advanced Materials Private Limited currently reports 6 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Mitra | Director | 03 Nov 2021 | 5 Years 0 Months | Current |
| Radhika Carlton Pereira Also directs: Bajel Projects Limited, Camlin Fine Sciences Limited, Jagson Pal Pharmaceuticals Limited. and 1 more | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Vikram Handa Also directs: Epsilon C2gr Private Limited, Epsilon Graphite Private Limited, Marmoris Arts LLP and 5 more | Director | 18 Nov 2014 | 11 Years 11 Months | Current |
| Vinod Nowal Also directs: Bhushan Power & Steel Limited | Director | 09 Feb 2024 | 2 Years 9 Months | Current |
| Rakesh Bhartia Also directs: Polyplex Corporation Limited, Fino Payments Bank Limited, Aravali Securities and Finance Limited and 5 more | Director | 03 Nov 2021 | 5 Years 0 Months | Current |
| Sunit Kapur Also directs: Epsilon C2gr Private Limited, Epsilon Graphite Private Limited, Epsilon Cam Private Limited and 1 more | Ceo | 19 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Epsilon Advanced Materials Private Limited is audited by Shah Gupta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Gupta & Co | FY 2023 | 109574W |
Shareholding
The shareholding of Epsilon Advanced Materials 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 Epsilon Advanced Materials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2022 | 100559595 | Axis Bank Limited | ₹3 Cr | Satisfied | |
| 28 Dec 2020 | 100406504 | Axis Bank Limited | ₹3.35 Cr | Satisfied | |
| 08 Aug 2019 | 100283243 | Axis Bank Limited | ₹23.27 Cr | Satisfied |
To see the full charge records of Epsilon Advanced Materials Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Epsilon Advanced Materials Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹111 Cr; the latest was in August 2022.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹8.2 Cr | Investors: Epsilon Carbon Private Limited , an individual |
| Dec 2019 | Funding round | ₹7.8 Cr | Investors: Epsilon Carbon Private Limited , an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Epsilon Carbon Private Limited , Epsilon Carbon Private Limited & Tarini Jindal Handa Seller: 2 individuals |
To see the full deal history of Epsilon Advanced Materials Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Epsilon Advanced Materials Private Limited has 2 court cases on record: 1 filed by Epsilon Advanced Materials, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by M/S Mahabir Coke Industries Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Mahabir Coke Industries Pvt Ltd | Disposed |
To see the full case history of Epsilon Advanced Materials 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
Epsilon Advanced Materials Private Limited has 4 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Topline Integrated Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Epsilon Advanced Materials Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Epsilon Advanced Materials has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Epsilon C2gr Private Limited | U24200MH2021PTC364055 | |
| Epsilon Graphite Private Limited | U40300MH2020PTC343308 |
To see the full group structure of Epsilon Advanced Materials Private Limited, buy the company report.
Employees & EPFO
Epsilon Advanced Materials Private Limited has a workforce of 26 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 26 |
| 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 Epsilon Advanced Materials Private Limited, buy the company report.
GST
Epsilon Advanced Materials has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN7683B3ZA | Maharashtra | Active | 14 Nov 2018 |
| 29AAECN7683B1Z8 | Karnataka | Active | 10 May 2019 |
To see the full GST registrations and return filing status of Epsilon Advanced Materials Private Limited, buy the company report.
Recent activity
Epsilon Advanced Materials Private Limited has 21 board changes on record since 2014: 7 appointments and 14 cessations. The latest: Tejas Devendra Shah ceased to be Company Secretary on 06 Feb 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Epsilon Advanced Materials is an active private limited company based in Mumbai, Maharashtra, India. The company works in graphite manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 October 2014 (12+ years old) and is registered under CIN U24110MH2014PTC258718.
Epsilon Advanced Materials has 7 current directors and KMP:
- Sagar Mitra - Director
- Radhika Carlton Pereira - Director
- Vikram Handa - Director
- Vinod Nowal - Director
- Rakesh Bhartia - Director
- Natarajan Chinnasamy - Director
- Sunit Kapur - Ceo
The latest financial statements of Epsilon Advanced Materials on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Epsilon Advanced Materials is 27AAECN7683B3ZA, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAECN7683B1Z8 (Karnataka).
The CIN (Corporate Identification Number) of Epsilon Advanced Materials is U24110MH2014PTC258718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epsilon Advanced Materials has 2 court cases on record: 1 filed by the company and 1 filed against it.
Epsilon Advanced Materials was incorporated on 14 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Epsilon Advanced Materials has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹111 Cr; the latest was in August 2022.
Tejas Devendra Shah ceased to be Company Secretary on 06 Feb 2025. Radhika Carlton Pereira ceased to be Additional Director on 22 Aug 2024. Sunit Kapur ceased to be Additional Director on 22 Aug 2024. Epsilon Advanced Materials has 21 board changes on record in total.
Yes, Epsilon Advanced Materials is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0090577).
Epsilon Advanced Materials has 4 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 19 Oct 2022.

