About Epsilon Engineering Limited
Data last updated:
Epsilon Engineering Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 17 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ1991PLC016800. Its GSTIN is 24AAACE2635C1ZB (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48 Lakh. It is led by directors including Rahulkumar Rameshkumar Jain and Nagesh Madhukar Gupte.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 37 Electronic Estate GIDC Sector – 15, Gandhinagar, Gujarat, India – 382044.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.55 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.31 Cr (net margin 6.8%) and EBITDA of ₹5.48 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹6.09 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website epsilonengg.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 37 Electronic Estate GIDC Sector – 15, Gandhinagar, Gujarat, India – 382044
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Business Activity of Epsilon Engineering Limited
The main business activity of Epsilon Engineering 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.
Financials of Epsilon Engineering Limited FY 2024 filings available
Epsilon Engineering Limited reported revenue of ₹48.55 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Epsilon Engineering Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 9% 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 Epsilon Engineering Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.31 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 of Epsilon Engineering Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.8% | •••• | •••• | •••• | •••• |
| 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 Epsilon Engineering are in the company report.
Financial statements from 2015
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.
Peer Comparison of Epsilon Engineering Limited
Epsilon Engineering Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| United Industrial Components Company Private Limited | ₹49.23 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Navi Mumbai, Maharashtra, India |
| Venture Power Systems India Private Limited | ₹49.01 Cr (FY 2019) | •••• | •••• | -35.0% | •••• | Chennai, Tamil Nadu, India |
| Zenmeter Solutions Private Limited | ₹49.01 Cr (FY 2025) | •••• | •••• | 210.0% | •••• | Bangalore, Karnataka, India |
| Ethan Power Private Limited | ₹48.65 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Electrohms Private Limited | ₹48.59 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
| Epsilon Engineering Limited this company | ₹48.55 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Gandhinagar, Gujarat, India |
| Star Rising Energy Private Limited | ₹48.49 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Jaipur, Rajasthan, India |
| Khokhar Electricals Private Limited | ₹48.49 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Delhi, India |
| Mass-Tech Controls Private Limited | ₹48.43 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Jalgaon, Maharashtra, India |
| Solarark Projects Private Limited | ₹48.36 Cr (FY 2024) | •••• | •••• | 152.0% | •••• | Amravati, Maharashtra, India |
| Excel-Par Electronics Private Limited | ₹48.31 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Mysore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Epsilon Engineering by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Epsilon Engineering Limited
Epsilon Engineering Limited is audited by B.UPADHYAY & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.UPADHYAY & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Epsilon Engineering Limited
Epsilon Engineering has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahulkumar Rameshkumar Jain | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
| Nagesh Madhukar Gupte | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Urvin Chandravadan Parikh | Director | 30 Mar 1992 | 34 Years 6 Months | Current |
| Jayant Chandrakumar Sampat | Director | 30 Sep 1999 | 27 Years 0 Months | Current |
Ownership and Shareholding of Epsilon Engineering 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 Epsilon Engineering Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2024 | Others | ₹90 Lakh | Open |
| 30 Mar 2023 | Others | ₹4 Cr | Open |
| 09 May 2016 | Others | ₹3.31 Cr | Satisfied |
| 23 Jul 2015 | Electronica Finance Limited | ₹10.55 Lakh | Satisfied |
| 08 Feb 2012 | Electronica Finance Limited | ₹70 Lakh | Satisfied |
Total charge records: 9 View all charges
MSME Payment Delays by Epsilon Engineering Limited
Epsilon Engineering Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 42 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Navstar Metal and Alloys LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Epsilon Engineering Limited
Employment history and EPFO contributions of people linked to Epsilon Engineering.
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.
CIN History of Epsilon Engineering Limited
Epsilon Engineering has one previous CIN (Corporate Identification Number): U29259GJ1991PTC016800. The current CIN is U29259GJ1991PLC016800, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29259GJ1991PLC016800 | Current |
| U29259GJ1991PTC016800 | Previous |
Recent Activity on Epsilon Engineering Limited
Epsilon Engineering Limited has 8 board changes on record since 1992: 4 appointments and 4 cessations. The latest: Rahulkumar Rameshkumar Jain ceased to be Additional Director on 05 Apr 2023.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Epsilon Engineering 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.
Subsidiaries & Group Companies of Epsilon Engineering 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.
GST Compliance of Epsilon Engineering Limited
Epsilon Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE2635C1ZB | Gujarat | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Epsilon Engineering 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.
Frequently Asked Questions about Epsilon Engineering Limited
Epsilon Engineering is an active public limited company based in Gandhinagar, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 17 December 1991 (35+ years old) and is registered under CIN U29259GJ1991PLC016800.
Epsilon Engineering reported revenue of ₹48.55 Cr for FY 2024 (down 4% YoY).
Epsilon Engineering has 4 current directors:
- Rahulkumar Rameshkumar Jain - Director
- Nagesh Madhukar Gupte - Director
- Urvin Chandravadan Parikh - Director
- Jayant Chandrakumar Sampat - Director
Epsilon Engineering reported a net profit of ₹3.31 Cr (net margin 6.8%) and EBITDA of ₹5.48 Cr (EBITDA margin 11.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Epsilon Engineering is 45% over three years and 16% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Epsilon Engineering is 24AAACE2635C1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Epsilon Engineering is U29259GJ1991PLC016800. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epsilon Engineering was incorporated on 17 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Epsilon Engineering by revenue are United Industrial Components Company Private Limited, Venture Power Systems India Private Limited, Zenmeter Solutions Private Limited, Ethan Power Private Limited, Electrohms Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Rahulkumar Rameshkumar Jain ceased to be Additional Director on 05 Apr 2023. Rahulkumar Rameshkumar Jain was appointed as Director on 03 Oct 2022. Alpanaben Nageshbhai Gupte ceased to be Director on 29 May 2020. Epsilon Engineering has 8 board changes on record in total.
Epsilon Engineering has 3 MSME Form 1 returns on record between 2019 and 2023, listing 42 overdue payments to 29 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Epsilon Engineering can be reached through the website epsilonengg.com. Its registered office is in Gandhinagar, Gujarat, India.