DPIIT recognised startup Government of India
Startup India
Espravo Decor Private Limited - consumer goods in Panangad, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.9 Cr
▲ 28% YoY
Net loss · FY 2024
₹47.11 Lakh
Net margin -24.8%
EBITDA · FY 2024
-₹21.28 Lakh
EBITDA margin -11.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹6.96 Lakh
Satisfied ₹19.37 Lakh
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Espravo Decor Private Limited
Data last updated:
Espravo Decor Private Limited is a private limited company based in Panangad, Kerala, India, recognised as a startup by DPIIT. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 16 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2017PTC050747. Its GSTIN is 32AAECE8218M1ZI (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Thekunnathu Mathai Kurien and Jithin Manoharan Moolekkattil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 2/478 – A Kuriyil Justin Tower Madavana, Panangad, Kerala, India – 682506.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.9 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹47.11 Lakh (net margin -24.8%) and EBITDA of -₹21.28 Lakh (EBITDA margin -11.2%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 149% over five years.
The company is associated with 1 brand: Espravo. As per MCA filings, the company has open charges of ₹6.96 Lakh and satisfied charges of ₹19.37 Lakh on record.
Espravo Decor Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0006263). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website espravo.com.
Company details
CIN U74999KL2017PTC050747
Registration Number 050747
Incorporation Date 16 October 2017
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0006263
Recognitions & Rankings of Espravo Decor
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-02-0006263
Contact details
Espravo Decor Private Limited's registered office is in Panangad, Kerala. Its website is espravo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 2/478 – A Kuriyil Justin Tower Madavana, Panangad, Kerala, India – 682506
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Espravo Decor Private Limited, buy the company report.
Comprehensive company report
Espravo Decor Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Espravo Decor operates one associated brand: Espravo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| espravo.com |
Business activity
The main business activity of Espravo Decor is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Espravo Decor Private Limited, buy the company report.
Financials of Espravo Decor Private Limited
FY 2025 filings availableEspravo Decor Private Limited reported revenue of ₹1.9 Cr (up 28% YoY) for FY 2024.
Revenue · FY 2024
₹1.9 Cr ▲ 28%
Net loss · FY 2024
₹47.11 Lakh margin -24.8%
EBITDA · FY 2024
-₹21.28 Lakh margin -11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 71%
5 years · compounded
▲ 149%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 27%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 149% over five years, including 28% growth in the latest year. EBITDA fell 29% 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 |
|---|---|---|---|---|---|
| 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 | -₹21.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.11 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.2% | ||||
| Net Profit Margin | -24.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Espravo Decor Private Limited, buy the company report.
Board of directors of Espravo Decor Private Limited
Espravo Decor has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thekunnathu Mathai Kurien | Director | 16 Oct 2017 | 9 Years 0 Months | Current |
| Jithin Manoharan Moolekkattil Also directs: One Ayur LLP | Director | 05 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Espravo Decor Private Limited is audited by BALAKRISHNAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAKRISHNAN & CO. | FY 2023 | 011890S |
Shareholding
The shareholding of Espravo Decor 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 Espravo Decor Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.96 Lakh
Satisfied charges
₹19.37 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2025 | 101105260 | Others | ₹6.96 Lakh | Open | |
| 26 Dec 2022 | 100660166 | Others | ₹9.91 Lakh | Satisfied | |
| 06 Sep 2021 | 100484522 | Others | ₹9.46 Lakh | Satisfied |
To see the full charge records of Espravo Decor Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Espravo Decor 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 Espravo Decor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Espravo Decor has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECE8218M1ZI | Kerala | Active | 02 Nov 2017 |
To see the full GST registrations and return filing status of Espravo Decor Private Limited, buy the company report.
Recent activity
Espravo Decor Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Manju James ceased to be Director on 18 Aug 2023.
AGM
Espravo Decor Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 26 Dec 2022 via Charge ID 100660166 with Others was fully satisfied on 18 Jul 2025.
Filing
Espravo Decor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 6.96 Lakh with Charge ID 101105260 was registered on 12 Feb 2025.
Charges
A charge registered on 06 Sep 2021 via Charge ID 100484522 with Others was fully satisfied on 05 Oct 2024.
Ceased
Manju James ceased to be Director.
Charges
A charge with Others amounted to Rs. 9.91 Lakh with Charge ID 100660166 was registered on 26 Dec 2022.
Charges
A charge with Others amounted to Rs. 9.46 Lakh with Charge ID 100484522 was registered on 06 Sep 2021.
Appointed
Jithin Manoharan Moolekkattil was appointed as Director.
Appointed
Thekunnathu Mathai Kurien was appointed as Director.
Incorporation
16 Oct 2017
Espravo Decor Private Limited was registered on 16 Oct 2017 with Roc Ernakulam & aged 9 years 12 days as per MCA records.
Frequently asked questions
Espravo Decor is an active private limited company based in Panangad, Kerala, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 16 October 2017 (9+ years old) and is registered under CIN U74999KL2017PTC050747.
Espravo Decor has 2 current directors:
- Thekunnathu Mathai Kurien - Director
- Jithin Manoharan Moolekkattil - Director
The latest financial statements of Espravo Decor on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Espravo Decor is 32AAECE8218M1ZI, registered in Kerala.
The CIN (Corporate Identification Number) of Espravo Decor is U74999KL2017PTC050747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Espravo Decor was incorporated on 16 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
Manju James ceased to be Director on 18 Aug 2023. Jithin Manoharan Moolekkattil was appointed as Director on 05 Apr 2021. Thekunnathu Mathai Kurien was appointed as Director on 16 Oct 2017.
Yes, Espravo Decor is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Espravo Decor is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0006263).
Espravo Decor can be reached through the website espravo.com. Its registered office is in Panangad, Kerala, India.