MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-08-0002744
Etone India Private Limited
Etone India Private Limited - machinery and equipment in Howrah, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.11 Cr
▼ 4% YoY
Net loss · FY 2025
₹49.52 Lakh
Net margin -4.5%
EBITDA · FY 2025
₹28.92 Lakh
EBITDA margin 2.6%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.06 Cr
Issued & subscribed
Open charges
₹2.89 Cr
Satisfied ₹7.8 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
68
Provident fund records
About Etone India Private Limited
Data last updated:
Etone India Private Limited is a private limited company based in Howrah, West Bengal, India, a subsidiary of Shilp Gravures Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28910WB2002PTC094734. Its GSTIN is 19AABCE0076E1ZY (West Bengal).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors including Pranav Chandrakant Bhalara and Roshan Harshvadan Shah.
Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Howrah, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.11 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹49.52 Lakh (net margin -4.5%) and EBITDA of ₹28.92 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 68 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.89 Cr and satisfied charges of ₹7.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.52 Cr; the latest was in August 2019. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Bentex Industrials Private Limited with revenue of ₹11.14 Cr.
Etone India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-08-0002744). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28910WB2002PTC094734
Registration Number 094734
Incorporation Date 11 June 2002
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 06 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Shilp Gravures Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-08-0002744
Key People
Rajendra Buddhisagar Gandhi Cfo Pranav Chandrakant Bhalara Director Roshan Harshvadan Shah Director Recognitions & Rankings of Etone India
Contact details
Etone India Private Limited's registered office is in Howrah, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressBally – Durgapur N H – 2 P.O.: Samabaypally J.L.No.: 14 Mouza: Bally P.S.: Nischind, A, Howrah, West Bengal, India – 711205
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Etone India Private Limited, buy the company report.
Comprehensive company report
Etone India 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
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Business activity
The main business activity of Etone India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Etone India Private Limited, buy the company report.
Financials of Etone India Private Limited
FY 2025 filings availableEtone India Private Limited reported revenue of ₹11.11 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹11.11 Cr ▼ 4%
Net loss · FY 2025
₹49.52 Lakh margin -4.5%
EBITDA · FY 2025
₹28.92 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 4%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 76%
3 years · compounded
▲ 22%
5 years · compounded
▼ 12%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 76% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹49.52 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 | |||||
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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 | 2.6% | ||||
| Net Profit Margin | -4.5% | ||||
| 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 Etone India Private Limited, buy the company report.
Board of directors and KMP of Etone India Private Limited
Etone India Private Limited currently reports 3 directors and 1 key managerial person. 11 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Chandrakant Bhalara Also directs: Aikyam Sampati Management LLP, Shilp Gravures Limited, B-Bake Foods Private Limited and 1 more | Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Rajendra Buddhisagar Gandhi | Cfo | 28 Jan 2023 | 3 Years 9 Months | Current |
| Roshan Harshvadan Shah Also directs: Stylus Infrastructure Private Limited | Director | 09 Aug 2019 | 7 Years 2 Months | Current |
| Shailesh C Desai Also directs: Lakshya Powertech Limited | Director | 09 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Etone India Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bentex Industrials Private Limited | ₹11.14 Cr (FY 2024) | 61.0% | Mandi Gobindgarh, Punjab, India | |||
| Kapurthala Hi Tech Transbelt Private Limited | ₹11.13 Cr (FY 2023) | -3.0% | Punjab, India | |||
| Etone India Private Limitedthis company | ₹11.11 Cr (FY 2025) | -₹49.52 Lakh | -4.5% | -4.0% | 68 | Howrah, West Bengal, India |
| Kuraloane Fab Tech Private Limited | ₹11.09 Cr (FY 2024) | 88.0% | Nagasandra Post Bangalore, Karnataka, India | |||
| Map Filters India Private Limited | ₹11.09 Cr (FY 2024) | 52.0% | Vasai East, Maharashtra, India |
To see the full peer comparison of Etone India Private Limited, buy the company report.
Auditor
Etone India Private Limited is audited by R TULSIAN & CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R TULSIAN & CO LLP | FY 2021 | 322040E |
Shareholding
The shareholding of Etone India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Etone India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.89 Cr
Satisfied charges
₹7.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2021 | 100509831 | Hdfc Bank Limited | ₹2.89 Cr | Open | |
| 16 Jan 2021 | 100412601 | Axis Bank Limited | ₹10.87 Lakh | Satisfied | |
| 04 Nov 2016 | 100067889 | Axis Bank Limited | ₹3.14 Cr | Satisfied | |
| 29 Nov 2002 | 90248291 | Bank of Baroda | ₹4.55 Cr | Satisfied |
To see the full charge records of Etone India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Etone India Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.52 Cr; the latest was in August 2019.
Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹1.52 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Shilp Gravures Limited , Shilp Gravures Limited & Shailesh Desai, Shilp Gravures Limited & Narendra Patil, an individual Seller: Matri Smiriti Mandir Char Trust, Easterns Inks Private Limited, 2 individuals |
| Mar 2014 | Funding round | ₹11.4 Lakh | Investors: Easterns Inks Private Limited, 3 individuals |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Priji Commerce & Trading Co Private Limited, Leonard Vanijya Pvt.Ltd. , Resilient Strategic Advisors Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Matri Smiriti Mandir Char Trust Seller: Nupur Finvest Private Limited , Sonal Tie Up Pvt Ltd , Nihal Fiscal Services Pvt Ltd |
| Mar 2008 | Funding round | ₹1.33 Cr | Investors: Priji Commerce & Trading Co Private Limited, Leonard Vanijya Pvt.Ltd. , Resilient Strategic Advisors Private Limited |
To see the full deal history of Etone India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Etone India Private Limited has 1 court case on record: 1 filed by Etone India. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Regional Frovident Fund Commissioner | Disposed |
To see the full case history of Etone India Private 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
No delayed payments to MSME suppliers are on our record for Etone India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Etone India Private Limited has a workforce of 68 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
68
Active EPFO establishments
1
GST
Etone India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCE0076E1ZY | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Etone India Private Limited, buy the company report.
Recent activity
Etone India Private Limited has 14 board changes on record since 2019: 4 appointments and 10 cessations. The latest: Narendra Ramkrishna Patil ceased to be Director on 29 Mar 2025.
AGM
Etone India Private Limited last Annual general meeting of members was held on 06 Sep 2025 as per latest MCA records.
Filing
Etone India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Ceased
Narendra Ramkrishna Patil ceased to be Director.
Appointed
Pranav Chandrakant Bhalara was appointed as Director.
Charges
A charge registered on 16 Jan 2021 via Charge ID 100412601 with Axis Bank Limited was fully satisfied on 23 Dec 2024.
Appointed
Rajendra Buddhisagar Gandhi was appointed as CFO.
Ceased
Amit Kumar Agrawal ceased to be CFO.
Charges
A charge with Hdfc Bank Limited of Rs. 2.89 Cr registered on 25 Nov 2021 with Charge ID 100509831 was modified on 26 Apr 2022.
Charges
A charge registered on 04 Nov 2016 via Charge ID 100067889 with Axis Bank Limited was fully satisfied on 07 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.89 Cr with Charge ID 100509831 was registered on 25 Nov 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100412601 was registered on 16 Jan 2021.
Charges
A charge with Axis Bank Limited of Rs. 3.14 Cr registered on 04 Nov 2016 with Charge ID 100067889 was modified on 12 Aug 2020.
15 earlier events are in the company report.
Frequently asked questions
Etone India is an active private limited company based in Howrah, West Bengal, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 11 June 2002 (24+ years old) and is registered under CIN U28910WB2002PTC094734.
Etone India has 4 current directors and KMP:
- Pranav Chandrakant Bhalara - Director
- Roshan Harshvadan Shah - Director
- Shailesh C Desai - Director
- Rajendra Buddhisagar Gandhi - Cfo
The latest financial statements of Etone India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Etone India is 19AABCE0076E1ZY, registered in West Bengal.
The CIN (Corporate Identification Number) of Etone India is U28910WB2002PTC094734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Etone India has 1 court case on record: 1 filed by the company.
Etone India was incorporated on 11 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
Etone India has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.52 Cr; the latest was in August 2019.
The peers of Etone India by revenue are Bentex Industrials Private Limited, Kapurthala Hi Tech Transbelt Private Limited, Kuraloane Fab Tech Private Limited, Map Filters India Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Narendra Ramkrishna Patil ceased to be Director on 29 Mar 2025. Pranav Chandrakant Bhalara was appointed as Director on 29 Mar 2025. Rajendra Buddhisagar Gandhi was appointed as CFO on 28 Jan 2023. Etone India has 14 board changes on record in total.
Yes, Etone India is registered as a small enterprise under Udyam registration (number: UDYAM-WB-08-0002744).
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