MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0052889
Esmart Energy Solutions Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹143.46 Cr
▲ 18% YoY
Net profit · FY 2025
₹18.3 Cr
Net margin 12.8%
EBITDA · FY 2025
₹59.89 Cr
EBITDA margin 41.7%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.16 Cr
Issued & subscribed
Open charges
₹123.68 Cr
Satisfied ₹143.98 Cr
Company age
47 yrs
Est. 1979
Employees · EPFO
184
Provident fund records
About Esmart Energy Solutions Limited
Data last updated:
Esmart Energy Solutions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 November 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH1979PLC021940. Its GSTIN is 27AACCS0489G1Z9 (Maharashtra). The company holds 11 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.16 Cr. It was formerly known as Esmart Energy Solutions Private Limited. It is led by directors including Shraddha Sanjay Ghadiali and Siddharthraja Rajendrakumar Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹143.46 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹18.3 Cr (net margin 12.8%) and EBITDA of ₹59.89 Cr (EBITDA margin 41.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 22% over five years.
The company has about 184 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: eSmart Energy solutions. As per MCA filings, the company has open charges of ₹123.68 Cr and satisfied charges of ₹143.98 Cr on record. Court records list 31 cases involving the company, including 22 filed by the company and 9 filed against it; 4 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹36.49 Cr; the latest was in August 2023. Its 5 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing, Energy Solutions), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is K-Lite Industries Private Limited with revenue of ₹145.51 Cr. The company has 4 MSME Form 1 returns on record between 2018 and 2020, listing 91 overdue payments to 17 micro and small suppliers.
Esmart Energy Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0052889). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esmartlighting.com.
Company details
CIN U31908MH1979PLC021940
Registration Number 021940
Incorporation Date 29 November 1979
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0052889
Name history
Esmart Energy Solutions has undergone 5 name changes throughout its history. The current legal name is Esmart Energy Solutions Limited.
| Company Name | Status |
|---|---|
| Esmart Energy Solutions Limited | Current |
| Esmart Energy Solutions Private Limited | Previous |
| Shah Investments Financials Developments And Consultants Private Limited | Previous |
| Shah Investments Financials Developments And Consultants Limited | Previous |
| Shah Investments Financial Dev Consultants Private Limited | Previous |
CIN history
Esmart Energy Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31908MH1979PLC021940, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31908MH1979PLC021940 | Current |
| U31908MH1979PTC021940 | Previous |
| U99999MH1979PTC021940 | Previous |
Key People
Shraddha Sanjay Ghadiali Director Siddharthraja Rajendrakumar Shah Director Mahesh Prabhulal Shah Director Recognitions & Rankings of Esmart Energy Solutions
Contact details
Esmart Energy Solutions Limited's registered office is in Mumbai, Maharashtra. Its website is esmartlighting.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Dalal Desai & Kumana Chartered Accountants Union Co.Op Insurance Bldg 2 Ndflr 23 P M, Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Esmart Energy Solutions Limited, buy the company report.
Comprehensive company report
Esmart Energy Solutions 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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Secure checkout · GST invoice included
Brands
Esmart Energy Solutions operates one associated brand: eSmart Energy solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers technology-based solutions for energy-saving lighting products. | esmartlighting.com |
Business activity
The main business activity of Esmart Energy Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Esmart Energy Solutions Limited, buy the company report.
Financials of Esmart Energy Solutions Limited
FY 2024 filings availableEsmart Energy Solutions Limited reported revenue of ₹143.46 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹143.46 Cr ▲ 18%
Net profit · FY 2025
₹18.3 Cr margin 12.8%
EBITDA · FY 2025
₹59.89 Cr margin 41.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 12%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 6%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 18% growth in the latest year. EBITDA rose 24% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹59.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.3 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.7% | ||||
| Net Profit Margin | 12.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Esmart Energy Solutions Limited, buy the company report.
Board of directors of Esmart Energy Solutions Limited
Esmart Energy Solutions has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shraddha Sanjay Ghadiali | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Siddharthraja Rajendrakumar Shah | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
| Mahesh Prabhulal Shah Also directs: Dima Cable LLP, Dima Electro LLP, Redima Energy Solutions Projects Private Limited and 4 more | Director | 02 Sep 2013 | 13 Years 1 Months | Current |
| Paresh Chandulal Mehta | Additional Director | 05 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Esmart Energy Solutions Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, Energy Solutions), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K-Lite Industries Private Limited | ₹145.51 Cr (FY 2025) | 2290.0% | Chennai, Tamil Nadu, India | |||
| Xiaolin Electronic Private Limited | ₹145.37 Cr (FY 2022) | 30.0% | Noida, Uttar Pradesh, India | |||
| Sakshi Auto Parts Pvt.Ltd. | ₹143.68 Cr (FY 2024) | 84.0% | Pune, Maharashtra, India | |||
| Esmart Energy Solutions Limitedthis company | ₹143.46 Cr (FY 2025) | ₹18.3 Cr | 12.8% | 18.0% | 184 | Mumbai, Maharashtra, India |
| HSD Batteries (India) Private Limited | ₹142.99 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Super LPG Appliances Private Limited | ₹142.36 Cr (FY 2025) | 19.0% | Delhi, India |
To see the full peer comparison of Esmart Energy Solutions Limited, buy the company report.
Auditor
Esmart Energy Solutions Limited is audited by CHHAJED & DOSHI for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHAJED & DOSHI | FY 2024 | 101794W |
Shareholding
The shareholding of Esmart Energy Solutions Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Esmart Energy Solutions Limited, buy the company report.
Charges & borrowings
Open charges
₹123.68 Cr
Satisfied charges
₹143.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2023 | 100746051 | Others | ₹44 Lakh | Open | |
| 19 May 2023 | 100737407 | Others | ₹20.59 Lakh | Open | |
| 01 May 2023 | 100713103 | Idbi Trusteeship Services Limited | ₹6.27 Cr | Open | |
| 01 May 2023 | 100713058 | Idbi Trusteeship Services Limited | ₹6.8 Cr | Open | |
| 01 May 2023 | 100713055 | Idbi Trusteeship Services Limited | ₹9.5 Cr | Open |
To see the full charge records of Esmart Energy Solutions Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Esmart Energy Solutions Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹36.49 Cr; the latest was in August 2023.
Total deals
4
Secondary share transfers
2
Funding round
1
Rights issue
1
Disclosed funding
₹36.49 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: Esmart Power Technology Private Lim Seller: U S Instruments Pvt Ltd |
| Mar 2023 | Rights issue | ₹15.9 Lakh | Investors: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: R K Trust, an individual Seller: MNR Engineers Private Limited , Aayu Investments Private Limited |
| Mar 2009 | Funding round | ₹36.49 Cr | Investors: Aayu Investments Private Limited , U S Instruments Pvt Ltd , MNR Engineers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Esmart Energy Solutions Limited has 31 court cases on record: 22 filed by Esmart Energy Solutions, 9 filed against it. 4 cases are pending and 27 are disposed.
Total cases
31
Filed by the company
22
Filed against the company
9
Pending
4
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 2 | 3 |
| District courts | 6 | 3 | 1 |
| NCLT | 3 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Hubballi Dharwad Smart City Limited and 1 other | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Cubex Tubings Ltd and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Samudra Electronic Systems Pvt. Ltd. and 1 other | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Uniquest Developers Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Indian Renewable Energy Development Agency Ltd. | Disposed |
To see the full case history of Esmart Energy Solutions 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
Esmart Energy Solutions Limited has 4 MSME Form 1 returns on record between 2018 and 2020, listing 91 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Microcircuits | |||
| an individual supplier | |||
| R R Kabel Limited |
To see the full MSME payment records of Esmart Energy Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Esmart Energy Solutions has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Redima Energy Solutions Projects Private Limited | U31900MH2022PTC395626 | |
| U S Instruments Pvt Ltd | U32109MH1981PTC024513 | |
| Super Wealth Financial Enterprises Pvt Ltd | U67120MH1985PTC038174 |
To see the full group structure of Esmart Energy Solutions Limited, buy the company report.
Employees & EPFO
Esmart Energy Solutions Limited has a workforce of 184 employees on its EPFO records as of Mar 19, 2025, across 1 active EPFO establishment.
Employee count
184
Active EPFO establishments
1
Employee growth
9.52%
GST
Esmart Energy Solutions has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
9
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS0489G1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCS0489G2Z8 | Maharashtra | Active | 13 Jan 2025 |
| 03AACCS0489G1ZJ | Punjab | Active | 01 Jul 2017 |
| 19AACCS0489G1Z6 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Esmart Energy Solutions Limited, buy the company report.
Recent activity
Esmart Energy Solutions Limited has 15 board changes on record since 2013: 4 appointments and 11 cessations. The latest: Paresh Chandulal Mehta was appointed as Additional Director on 05 Aug 2025.
Appointed
Paresh Chandulal Mehta was appointed as Additional Director.
Ceased
Shraddha Sanjay Ghadiali ceased to be Additional Director.
Appointed
Shraddha Sanjay Ghadiali was appointed as Director.
Charges
A charge registered on 06 Nov 2020 via Charge ID 100395382 with Others was fully satisfied on 06 Feb 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 6.80 Cr registered on 01 May 2023 with Charge ID 100713058 was modified on 16 Jan 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 9.50 Cr registered on 01 May 2023 with Charge ID 100713055 was modified on 16 Jan 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 7.84 Cr registered on 01 May 2023 with Charge ID 100712790 was modified on 16 Jan 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 4.89 Cr registered on 01 May 2023 with Charge ID 100712641 was modified on 16 Jan 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 72.23 Cr registered on 25 Mar 2022 with Charge ID 100550960 was modified on 16 Jan 2025.
AGM
Esmart Energy Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 06 Dec 1995 via Charge ID 90141884 with Bank Of India was fully satisfied on 09 May 2024.
Filing
Esmart Energy Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
57 earlier events are in the company report.
Frequently asked questions
Esmart Energy Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 November 1979 (47+ years old) and is registered under CIN U31908MH1979PLC021940.
Esmart Energy Solutions has 4 current directors:
- Shraddha Sanjay Ghadiali - Director
- Siddharthraja Rajendrakumar Shah - Director
- Mahesh Prabhulal Shah - Director
- Paresh Chandulal Mehta - Additional Director
The latest financial statements of Esmart Energy Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Esmart Energy Solutions is 27AACCS0489G1Z9, registered in Maharashtra. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 27AACCS0489G2Z8 (Maharashtra), 03AACCS0489G1ZJ (Punjab), 19AACCS0489G1Z6 (West Bengal).
The CIN (Corporate Identification Number) of Esmart Energy Solutions is U31908MH1979PLC021940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esmart Energy Solutions has 31 court cases on record: 22 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Esmart Energy Solutions was incorporated on 29 November 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
Esmart Energy Solutions has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹36.49 Cr; the latest was in August 2023.
The peers of Esmart Energy Solutions by revenue are K-Lite Industries Private Limited, Xiaolin Electronic Private Limited, Sakshi Auto Parts Pvt.Ltd, HSD Batteries (India) Private Limited, Super LPG Appliances Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing, Energy Solutions), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Paresh Chandulal Mehta was appointed as Additional Director on 05 Aug 2025. Shraddha Sanjay Ghadiali ceased to be Additional Director on 04 May 2025. Shraddha Sanjay Ghadiali was appointed as Director on 01 Apr 2025. Esmart Energy Solutions has 15 board changes on record in total.
Yes, Esmart Energy Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0052889).
Esmart Energy Solutions has 4 MSME Form 1 returns on record between 2018 and 2020, listing 91 overdue payments to 17 micro and small suppliers. The latest return was filed on 22 Sep 2020.