About Espa Water Systems Private Limited
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Espa Water Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Espa 2025, Sl. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 12 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2011PTC056596. Its GSTIN is 29AACCE6471E1ZL (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.68 Cr. It is led by directors Kizhakkethil Ahsanath and Jaume Vizern Soler.
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 No.3/1 Plot No. 3 Puttappa Industrial Estate Mahadevapura Post Whitefield Road, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.95 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹71.05 Lakh (net margin -36.4%) and EBITDA of -₹94.43 Lakh (EBITDA margin -48.4%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website espa.com.
Company details
Contact details
Espa Water Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is espa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.3/1 Plot No. 3 Puttappa Industrial Estate Mahadevapura Post Whitefield Road, Bangalore, Karnataka, India – 560048
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Espa Water Systems 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
Business activity
The main business activity of Espa Water Systems 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 Espa Water Systems Private Limited, buy the company report.
Financials of Espa Water Systems Private Limited
FY 2024 filings availableEspa Water Systems Private Limited reported revenue of ₹1.95 Cr (down 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 71% fall in the latest year. EBITDA fell 269% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹94.43 Lakh | ||||
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| Net Profit (PAT) | -₹71.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -48.4% | ||||
| Net Profit Margin | -36.4% | ||||
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To see the full financial statements and ratios of Espa Water Systems Private Limited, buy the company report.
Board of directors of Espa Water Systems Private Limited
Espa Water Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kizhakkethil Ahsanath | Director | 08 Mar 2024 | 2 Years 7 Months | Current |
| Jaume Vizern Soler | Nominee Director | 01 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Espa Water Systems Private Limited is audited by T P M G & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T P M G & ASSOCIATES | FY 2023 | 016301S |
Shareholding
The shareholding of Espa Water Systems 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Espa Water Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Espa Water Systems 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
No delayed payments to MSME suppliers are on our record for Espa Water Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Espa Water Systems Private Limited has a workforce of 6 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
GST
Espa Water Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE6471E1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Espa Water Systems Private Limited, buy the company report.
Recent activity
Espa Water Systems Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Kizhakkethil Ahsanath ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Espa Water Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 12 January 2011 (15+ years old) and is registered under CIN U74900KA2011PTC056596.
Espa Water Systems has 2 current directors:
- Kizhakkethil Ahsanath - Director
- Jaume Vizern Soler - Nominee Director
The latest financial statements of Espa Water Systems 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 Espa Water Systems is 29AACCE6471E1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Espa Water Systems is U74900KA2011PTC056596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Espa Water Systems was incorporated on 12 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Kizhakkethil Ahsanath ceased to be Additional Director on 29 Sep 2024. Rajeev Neelivethil ceased to be Director on 27 Mar 2024. Kizhakkethil Ahsanath was appointed as Director on 08 Mar 2024. Espa Water Systems has 6 board changes on record in total.
Espa Water Systems can be reached through the website espa.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Espa Water Systems is at No.31 Plot No. 3 Puttappa Industrial Estate Mahadevapura Post Whitefield Road, Bangalore, Karnataka, India – 560048.
Espa Water Systems operates in the machinery and equipment industry, in the industrial products retail and distribution segment.