About Equilateral Enterprises Limited
Data last updated: 06 January 2026
Equilateral Enterprises Limited is a public limited company based in Meerut, Uttar Pradesh, India. It specialises in jewelry and gemstone retail and distribution, a part of the broader consumer goods sector. Incorporated on 13 December 1988, the company has been in operation for over 38 years.
Registered with ROC Kanpur under CIN L36912UP1988PLC010285. Listed on BSE: 531262.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹12.33 Cr. Formerly known as Surya Industrial Corporation Limited. It is led by directors including Honey Agarwal and Pratikkumar Sharadkumar Mehta.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: B – 9 Industrial Estate Partapur, Meerut, Uttar Pradesh, India – 250103.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.4 Cr, a growth of 30% compared to the previous year.
As per MCA filings, the company has satisfied charges of ₹6.71 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sicl.co.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressB – 9 Industrial Estate Partapur, Meerut, Uttar Pradesh, India – 250103
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IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Equilateral Enterprises Limited
Equilateral Enterprises Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L36912UP1988PLC010285, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36912UP1988PLC010285 | Current |
| L15311UP1988PLC010285 | Previous |
| U15311UP1988PLC010285 | Previous |
Business Activity of Equilateral Enterprises Limited
Equilateral Enterprises Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | ********* |
Auditor Details of Equilateral Enterprises Limited
Equilateral Enterprises Limited is audited by S S R V & Associates (ICAI peer reviewed, certificate valid till 2027-06-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S S R V & Associates (ICAI peer reviewed, certificate valid till 2027-06-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Equilateral Enterprises Limited
Equilateral Enterprises Limited is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Honey Agarwal
Also directs:
Equilateral Enterprises Limited, Sueryaa Knitwear Limited, Dcm Financial Services Limited and 3 more
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Director | 02 Sep 2024 | 1 Years 10 Months | Current |
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Pratikkumar Sharadkumar Mehta
Also directs:
Equilateral Enterprises Limited
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Managing Director | 07 Jun 2014 | 12 Years 1 Months | Current |
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Kartik Sharadkumar Mehta
Also directs:
Equilateral Enterprises Limited
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Director | 10 Jul 2024 | 1 Years 11 Months | Current |
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Tanay Ojha
Also directs:
Equilateral Enterprises Limited
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Director | 02 Sep 2024 | 1 Years 10 Months | Current |
|
Anant Chourasia
Also directs:
Equilateral Enterprises Limited, Banas Finance Ltd, Indian Infotech And Software Limited and 3 more
|
Director | 23 Mar 2023 | 3 Years 3 Months | Current |
Financials of Equilateral Enterprises Limited FY 2026 filings available
Equilateral Enterprises Limited reported revenue of ₹58.78 Cr (up 288.56% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹58.78 Cr | ₹15.13 Cr | ₹11.43 Cr | ₹6.48 Cr | ₹1.6 Cr | ₹96.21 Lakh | ₹18.84 Cr |
| Other Income | ₹1.46 Cr | ₹1.27 Cr | ₹1.23 Cr | ₹0 | ₹20.07 Lakh | ₹68.74 Lakh | ₹1.03 Cr |
| Total Income | ₹60.24 Cr | ₹16.4 Cr | ₹12.66 Cr | ₹6.48 Cr | ₹1.8 Cr | ₹1.65 Cr | ₹19.88 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹68.45 Cr | ₹17.35 Cr | ₹14.41 Cr | ₹6.37 Cr | ₹1.64 Cr | ₹1.18 Cr | ₹19.73 Cr |
| Changes in Inventories | -₹10.18 Cr | -₹2.1 Cr | -₹1.92 Cr | -₹1.29 Lakh | -₹1.7 Lakh | ₹36.02 Lakh | -₹73,200 |
| Employee Benefit Expense | ₹11.79 Lakh | ₹38.21 Lakh | ₹4.48 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹4.78 Lakh | ₹11,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹1.56 Cr | ₹59.28 Lakh | ₹10.28 Lakh | ₹11.57 Lakh | ₹16.74 Lakh | ₹10.81 Lakh | ₹12.69 Lakh |
| Total Expenses | ₹60 Cr | ₹16.22 Cr | ₹12.64 Cr | ₹6.47 Cr | ₹1.79 Cr | ₹1.64 Cr | ₹19.85 Cr |
| Profit Before Exceptional Items & Tax | ₹24.02 Lakh | ₹18.23 Lakh | ₹2.32 Lakh | ₹78,000 | ₹12,000 | ₹49,600 | ₹2.62 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹24.02 Lakh | ₹18.23 Lakh | ₹2.32 Lakh | ₹78,000 | ₹12,000 | ₹49,600 | ₹2.62 Lakh |
| Total Tax Expense | ₹36,000 | ₹1,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹23.66 Lakh | ₹18.22 Lakh | ₹2.32 Lakh | ₹78,000 | ₹12,000 | ₹49,600 | ₹2.62 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹23.66 Lakh | ₹18.22 Lakh | ₹2.32 Lakh | ₹78,000 | ₹12,000 | ₹49,600 | ₹2.62 Lakh |
| EBITDA (computed) | ₹28.8 Lakh | ₹18.34 Lakh | ₹2.32 Lakh | ₹78,000 | ₹12,000 | ₹49,600 | ₹2.62 Lakh |
| Basic EPS | ₹0.19 | ₹0.15 | ₹0.02 | ₹0.06 | ₹0.00 | ₹0.40 | ₹0.02 |
| Diluted EPS | ₹0.19 | ₹0.15 | ₹0.02 | ₹0.06 | ₹0.00 | ₹0.40 | ₹0.02 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹22.76 Cr | ₹20.38 Cr | ₹22.96 Cr | ₹21.7 Cr | ₹15.86 Cr | ₹17.43 Cr | ₹18.8 Cr |
| Non-current Assets | ₹28.7 Cr | ₹25.14 Cr | ₹18.78 Cr | ₹21.77 Cr | ₹15.43 Cr | ₹15.2 Cr | ₹5.41 Lakh |
| Current Assets | -₹5.94 Cr | -₹4.76 Cr | ₹4.18 Cr | -₹7.32 Lakh | ₹42.95 Lakh | ₹2.23 Cr | ₹18.75 Cr |
| Property, Plant & Equipment | ₹41.91 Lakh | ₹77,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Inventories | ₹14.27 Cr | ₹4.09 Cr | ₹1.99 Cr | ₹7.45 Lakh | ₹10.97 Lakh | ₹9.27 Lakh | ₹45.29 Lakh |
| Trade Receivables | -₹21.3 Cr | -₹9.38 Cr | ₹1.87 Cr | -₹38.05 Lakh | ₹21.14 Lakh | ₹1.81 Cr | ₹3.61 Cr |
| Cash & Equivalents | ₹1.09 Lakh | ₹4.75 Lakh | ₹7,000 | ₹66,000 | ₹7.54 Lakh | ₹20.36 Lakh | ₹13,100 |
| Equity (Net Worth) | ₹11.22 Cr | ₹11.06 Cr | ₹10.88 Cr | ₹10.84 Cr | ₹10.83 Cr | ₹10.78 Cr | ₹10.82 Cr |
| Equity Share Capital | ₹12.33 Cr | ₹12.33 Cr | ₹12.33 Cr | ₹12.33 Cr | ₹12.33 Cr | ₹12.33 Cr | ₹12.33 Cr |
| Borrowings (Non-current) | ₹53.28 Lakh | ₹53.28 Lakh | ₹38.28 Lakh | ₹0 | ₹33.57 Lakh | ₹33.57 Lakh | ₹0 |
| Borrowings (Current) | ₹10.96 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹33.57 Lakh |
| Total Debt (computed) | ₹11.49 Cr | ₹53.28 Lakh | ₹38.28 Lakh | ₹0 | ₹33.57 Lakh | ₹33.57 Lakh | ₹33.57 Lakh |
| Current Liabilities | ₹11 Cr | ₹8.78 Cr | ₹11.7 Cr | ₹10.45 Cr | ₹4.7 Cr | ₹6.25 Cr | ₹7.98 Cr |
| Total Liabilities | ₹11.54 Cr | ₹9.32 Cr | ₹12.08 Cr | ₹10.86 Cr | ₹5.03 Cr | ₹6.65 Cr | ₹7.98 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | ₹1.06 Cr | ₹4.74 Lakh | ₹4.39 Lakh | ₹5.6 Cr |
| Investing Cash Flow | -₹45.92 Lakh | -₹77,000 | ₹0 | -₹5.59 Cr |
| Financing Cash Flow | ₹0 | ₹15 Lakh | ₹0 | ₹0 |
| Capital Expenditure | ₹45.92 Lakh | ₹77,000 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹60.33 Lakh | ₹3.97 Lakh | ₹4.39 Lakh | ₹5.6 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹60.33 Lakh | ₹18.97 Lakh | ₹4.39 Lakh | ₹1.15 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8 Cr | ₹9.51 Cr | ₹24.65 Cr | ₹16.33 Cr | ₹5.36 Cr | ₹7.21 Cr | ₹1.22 Cr | ₹1.33 Cr |
| Other Income | ₹66.32 Lakh | ₹78.88 Lakh | ₹15 Lakh | ₹15.22 Lakh | ₹76.58 Lakh | ₹15.36 Lakh | ₹10 Lakh | ₹25.33 Lakh |
| Total Income | ₹8.66 Cr | ₹10.3 Cr | ₹24.8 Cr | ₹16.48 Cr | ₹6.12 Cr | ₹7.36 Cr | ₹1.32 Cr | ₹1.59 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹13.44 Cr | ₹17.6 Cr | ₹21.91 Cr | ₹15.49 Cr | ₹6.75 Cr | ₹6.49 Cr | ₹2.57 Cr | ₹1.54 Cr |
| Changes in Inventories | -₹4.96 Cr | -₹7.55 Cr | ₹1.69 Cr | ₹63.68 Lakh | -₹1.37 Cr | ₹63.59 Lakh | -₹1.42 Cr | ₹4.2 Lakh |
| Employee Benefit Expense | ₹4.03 Lakh | ₹2.09 Lakh | ₹3.27 Lakh | ₹9.29 Lakh | ₹27.51 Lakh | ₹6.5 Lakh | ₹3 Lakh | ₹1.2 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹2.17 Lakh | ₹2.26 Lakh | ₹28,000 | ₹7,000 | ₹11,000 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹20.34 Lakh | ₹17.54 Lakh | ₹1.02 Cr | ₹9.22 Lakh | ₹38.45 Lakh | ₹2.45 Lakh | ₹11.27 Lakh | ₹7.12 Lakh |
| Total Expenses | ₹8.75 Cr | ₹10.27 Cr | ₹24.65 Cr | ₹16.32 Cr | ₹6.04 Cr | ₹7.22 Cr | ₹1.3 Cr | ₹1.66 Cr |
| Profit Before Exceptional Items & Tax | -₹9.6 Lakh | ₹2.65 Lakh | ₹14.98 Lakh | ₹16.08 Lakh | ₹8.36 Lakh | ₹14.87 Lakh | ₹2.72 Lakh | -₹7.74 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹9.6 Lakh | ₹2.65 Lakh | ₹14.98 Lakh | ₹16.08 Lakh | ₹8.36 Lakh | ₹14.87 Lakh | ₹2.72 Lakh | -₹7.74 Lakh |
| Total Tax Expense | ₹36,000 | ₹0 | ₹0 | ₹0 | ₹1,000 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹9.96 Lakh | ₹2.65 Lakh | ₹14.98 Lakh | ₹16.08 Lakh | ₹8.35 Lakh | ₹14.87 Lakh | ₹2.72 Lakh | -₹7.74 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹9.96 Lakh | ₹2.65 Lakh | ₹14.98 Lakh | ₹16.08 Lakh | ₹8.35 Lakh | ₹14.87 Lakh | ₹2.72 Lakh | -₹7.74 Lakh |
| EBITDA (computed) | -₹7.43 Lakh | ₹4.91 Lakh | ₹15.26 Lakh | ₹16.15 Lakh | ₹8.47 Lakh | ₹14.87 Lakh | ₹2.72 Lakh | -₹7.74 Lakh |
| Basic EPS | ₹-0.08 | ₹0.02 | ₹0.12 | ₹0.13 | ₹0.07 | ₹0.12 | ₹0.02 | ₹-0.06 |
| Diluted EPS | ₹-0.08 | ₹0.02 | ₹0.12 | ₹0.13 | ₹0.07 | ₹0.12 | ₹0.02 | ₹-0.06 |
Shareholding Pattern of Equilateral Enterprises Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 8.04%, retail and other public shareholders hold 91.96% of Equilateral Enterprises Limited. The company had 780 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 8.04% | 8.04% | 8.04% | 8.04% | 8.04% | 8.04% |
| Public | 91.96% | 91.96% | 91.96% | 91.96% | 91.96% | 91.96% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 8.04% | 8.04% | 8.04% |
| Public | 91.96% | 91.96% | 91.96% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Equilateral Enterprises Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 1999 | The Picup | ₹1.48 Cr | Satisfied |
| 14 Jan 1999 | Syndicate Bank | ₹40 Lakh | Satisfied |
| 15 Oct 1997 | The Picup Limited | ₹95 Lakh | Satisfied |
| 31 Mar 1996 | Upfc | ₹40 Lakh | Satisfied |
| 31 Mar 1996 | Upfc | ₹50 Lakh | Satisfied |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Equilateral Enterprises Limited
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Employee Count & EPFO Data of Equilateral Enterprises Limited
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GST Compliance of Equilateral Enterprises Limited
GSTIN & GST Filing Data of Equilateral Enterprises Limited
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Credit Ratings, Litigation & Regulatory Alerts for Equilateral Enterprises Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Equilateral Enterprises Limited
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MSME Payment Delays by Equilateral Enterprises Limited
MSME Payment Delays by Equilateral Enterprises Limited
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Subsidiaries & Group Companies of Equilateral Enterprises Limited
Subsidiaries & Group Companies of Equilateral Enterprises Limited
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MCA Filings & Documents of Equilateral Enterprises Limited
MCA Filings & Documents of Equilateral Enterprises Limited
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Recent Activity on Equilateral Enterprises Limited
Frequently Asked Questions about Equilateral Enterprises Limited
Equilateral Enterprises Limited is an active public limited company in the consumer goods sector based in Meerut, Uttar Pradesh, India. It was incorporated on 13 December 1988 (38+ years old) and is registered under CIN L36912UP1988PLC010285. Listed on BSE: 531262.
Equilateral Enterprises Limited reported revenue of ₹16.4 Cr for FY 2025 (up 30.00% YoY).
The current directors of Equilateral Enterprises Limited are:
- Honey Agarwal
- Pratikkumar Sharadkumar Mehta
- Kartik Sharadkumar Mehta
- Tanay Ojha
- Anant Chourasia
- Payal Mukeshbhai Jani
The primary industry of Equilateral Enterprises Limited is consumer goods. The company specifically operates in jewelry and gemstone retail and distribution. The company is currently active in this sector.
Yes. Equilateral Enterprises Limited is listed on BSE with code 531262.
Equilateral Enterprises Limited can be reached at the registered office: B – 9 Industrial Estate Partapur, Meerut, Uttar Pradesh, India – 250103, or through the website sicl.co.in.