- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0044897

About Evans Electric Limited
Data last updated:
Evans Electric Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the power epc, bop and btg services segment of the energy and power sector. It was incorporated on 29 December 1951 and has been in existence for over 75 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH1951PLC008715. Its GSTIN is 27AAACE2502Q1ZM (Maharashtra). Its shares are listed on BSE: 542668.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.49 Cr. It was formerly known as Evans Electric Private Limited. It is led by directors including Ivor Anthony Desouza and Kalyan Vijay Sivalenka.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹11.69 Cr, a decline of 54.1% compared to the previous year. For the same year it recorded a net loss of ₹43 Lakh (net margin -3.7%) and EBITDA of -₹12 Lakh (EBITDA margin -1%).
The company has about 52 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Evans Electric. As per MCA filings, the company has open charges of ₹15.5 Cr and satisfied charges of ₹9.5 Cr on record. The company has 33 deals on record (32 market trades, 1 ipo); the latest was in February 2026. Its 10 peer companies in the Power industry (EPC, BoP and BTG) are compared by revenue, 5 larger and 5 smaller; the largest is M.K.Powertech Private Limited with revenue of ₹27.12 Cr.
Evans Electric Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0044897). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evanselectric.co.in.
CIN History of Evans Electric Limited
Evans Electric has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999MH1951PLC008715, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999MH1951PLC008715 | Current |
| U74999MH1951PLC008715 | Previous |
| U74999MH1951PTC008715 | Previous |
Recognitions & Rankings of Evans Electric
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address501/B – Wing Raj Residency, Gujar Lane Off S. V. Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Evans Electric Limited
Evans Electric operates one associated brand: Evans Electric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Repair, refurbishment, and support services are provided for electrical systems. | evanselectric.co.in |
Business Activity of Evans Electric Limited
The main business activity of Evans Electric is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Evans Electric Limited FY 2025-26 filings available
Evans Electric Limited reported revenue of ₹11.69 Cr (down 54.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11.69 | 25.48 | 20.67 | 19.13 | 7.34 | 9.53 | 7.28 |
| Revenue growth | -54.1% | +23.3% | +8.1% | +160.6% | -23.0% | +30.9% | - |
| EBITDA | (0.12) | 9.56 | 6.42 | 4.31 | 1.21 | 0.97 | 1.57 |
| EBITDA margin | -1.0% | +37.5% | +31.1% | +22.5% | +16.5% | +10.2% | +21.6% |
| Profit before tax | 0.13 | 10.04 | 6.41 | 4.74 | 1.20 | 0.86 | 1.50 |
| Net profit | (0.43) | 6.86 | 4.83 | 3.22 | 0.76 | 0.56 | 1.01 |
| Net profit margin | -3.7% | +26.9% | +23.4% | +16.8% | +10.4% | +5.9% | +13.9% |
| EPS (₹) | (0.78) | 13.81 | 18.48 | 13.35 | 6.00 | 4.22 | 7.53 |
| Balance sheet | |||||||
| Total assets | - | 26.36 | 19.98 | 14.98 | 12.31 | 11.04 | 10.78 |
| Net worth | - | 26.25 | 19.50 | 14.98 | 11.59 | 10.93 | 10.63 |
| Total debt | - | 0.00 | 0.40 | 0.00 | 0.72 | 0.11 | 0.16 |
| Cash & bank | - | 0.48 | 2.46 | 2.72 | 2.55 | 2.20 | 3.19 |
| Net working capital | - | 10.18 | 6.27 | 3.56 | 5.89 | 5.77 | 5.88 |
| Cash flow | |||||||
| Cash from operations | - | 0.70 | 3.57 | 6.31 | 1.06 | (0.19) | (0.29) |
| Cash from investing | - | (1.84) | (1.12) | (5.26) | (1.20) | (0.46) | (1.80) |
| Cash from financing | - | (0.84) | (0.56) | (1.01) | 0.43 | (0.34) | 1.54 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11.69 | 25.48 | 20.67 | 19.13 | 7.34 | 9.53 | 7.28 |
| Revenue growth | -54.1% | +23.3% | +8.1% | +160.6% | -23.0% | +30.9% | - |
| Other income | 0.83 | 1.04 | 0.48 | 0.70 | 0.30 | 0.24 | 0.32 |
| Total expenses | 11.81 | 15.92 | 14.25 | 14.82 | 6.13 | 8.56 | 5.71 |
| Employee cost | 0.00 | 4.57 | 4.06 | 2.61 | 2.21 | 2.23 | 2.27 |
| EBITDA | (0.12) | 9.56 | 6.42 | 4.31 | 1.21 | 0.97 | 1.57 |
| EBITDA margin | -1.0% | +37.5% | +31.1% | +22.5% | +16.5% | +10.2% | +21.6% |
| Depreciation | 0.27 | 0.23 | 0.24 | 0.19 | 0.17 | 0.23 | 0.33 |
| Interest | 0.31 | 0.33 | 0.25 | 0.08 | 0.14 | 0.12 | 0.06 |
| Profit before tax | 0.13 | 10.04 | 6.41 | 4.74 | 1.20 | 0.86 | 1.50 |
| Tax | 0.56 | 2.47 | 1.34 | 1.08 | 0.38 | 0.27 | 0.47 |
| Net profit | (0.43) | 6.86 | 4.83 | 3.22 | 0.76 | 0.56 | 1.01 |
| Net profit margin | -3.7% | +26.9% | +23.4% | +16.8% | +10.4% | +5.9% | +13.9% |
| EPS (₹) | (0.78) | 13.81 | 18.48 | 13.35 | 6.00 | 4.22 | 7.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 5.48 | 2.74 | 2.74 | 1.37 | 1.37 | 1.37 |
| Reserves & surplus | - | 20.77 | 16.76 | 12.24 | 10.22 | 9.56 | 9.26 |
| Shareholders' funds (net worth) | - | 26.25 | 19.50 | 14.98 | 11.59 | 10.93 | 10.63 |
| Secured loans | - | 0.00 | 0.40 | 0.00 | 0.72 | 0.11 | 0.16 |
| Unsecured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | - | 0.00 | 0.40 | 0.00 | 0.72 | 0.11 | 0.16 |
| Total liabilities | - | 26.36 | 19.98 | 14.98 | 12.31 | 11.04 | 10.78 |
| Assets | |||||||
| Gross block | - | 6.04 | 5.55 | 5.40 | 4.98 | 4.98 | 4.95 |
| Net block | - | 2.01 | 1.75 | 1.89 | 1.66 | 1.83 | 2.04 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 13.96 | 11.37 | 9.51 | 4.69 | 3.36 | 2.73 |
| Inventories | - | 0.75 | 0.62 | 0.39 | 1.17 | 0.55 | 0.95 |
| Sundry debtors | - | 10.79 | 5.30 | 0.56 | 0.98 | 2.40 | 1.20 |
| Cash & bank balances | - | 0.48 | 2.46 | 2.72 | 2.55 | 2.20 | 3.19 |
| Loans & advances | - | 6.77 | 2.59 | 1.80 | 2.49 | 2.28 | 1.94 |
| Total current assets | - | 18.79 | 10.97 | 5.47 | 7.19 | 7.43 | 7.28 |
| Total current liabilities | - | 8.61 | 4.70 | 1.91 | 1.30 | 1.66 | 1.40 |
| Net working capital | - | 10.18 | 6.27 | 3.56 | 5.89 | 5.77 | 5.88 |
| Total assets | - | 26.36 | 19.98 | 14.98 | 12.31 | 11.04 | 10.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 2.46 | 0.57 | 0.53 | 0.24 | 1.23 | 3.74 |
| Net cash from operating activities | - | 0.70 | 3.57 | 6.31 | 1.06 | (0.19) | (0.29) |
| Net cash from investing activities | - | (1.84) | (1.12) | (5.26) | (1.20) | (0.46) | (1.80) |
| Net cash from financing activities | - | (0.84) | (0.56) | (1.01) | 0.43 | (0.34) | 1.54 |
| Net change in cash | - | (1.98) | 1.89 | 0.04 | 0.29 | (0.99) | (0.55) |
| Closing cash | - | 0.48 | 2.46 | 2.72 | 2.55 | 2.20 | 3.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -54.1% | +23.3% | +8.1% | +160.6% | -23.0% | +30.9% | - |
| EBITDA growth | -101.3% | +48.9% | +49.0% | +256.2% | +24.7% | -38.2% | - |
| PBT growth | -98.7% | +56.6% | +35.2% | +295.0% | +39.5% | -42.7% | -12.8% |
| Net income growth | -106.3% | +42.0% | +50.0% | +323.7% | +35.7% | -44.6% | - |
| Revenue CAGR (3Y) | -15.1% | +51.4% | +29.4% | +38.0% | +3.4% | +19.3% | -11.8% |
| EBITDA CAGR (3Y) | - | +99.2% | +87.8% | +40.0% | -9.5% | +6.2% | -24.4% |
| Profitability & leverage | |||||||
| Net income margin | -3.7% | +29.7% | +24.5% | +19.1% | +11.2% | +6.2% | +14.2% |
| Return on capital employed | - | +44.7% | +38.1% | +31.1% | +11.5% | +8.9% | +16.3% |
| Return on net worth | - | +33.1% | +29.4% | +24.2% | +7.3% | +5.4% | +11.0% |
| Debt / equity | - | 0.01 | 0.01 | 0.03 | 0.04 | 0.01 | 0.01 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -79.49 | 3.54 | 4.05 | 1.94 | 13.46 | 16.22 | 4.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 4.40 | 3.78 | 3.69 | 1.47 | 1.92 | 1.52 |
| Inventory turnover | - | 37.20 | 40.93 | 24.53 | 8.53 | 12.71 | 9.64 |
| Debtors turnover | - | 3.17 | 7.05 | 24.84 | 4.34 | 5.29 | 6.53 |
| EPS (₹) | (0.78) | 13.81 | 18.48 | 13.35 | 6.00 | 4.22 | 7.53 |
| Dividend per share (₹) | 0.00 | 1.50 | 3.00 | 2.00 | 2.00 | 1.20 | 3.00 |
| Book value per share (₹) | 0.00 | 47.88 | 71.08 | 54.60 | 84.51 | 79.69 | 77.47 |
Board of Directors of Evans Electric Limited
Evans Electric has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ivor Anthony Desouza | Director | 01 Oct 1972 | 54 Years 0 Months | Current |
| Kalyan Vijay Sivalenka Also directs: Springforth Agriculture Food and Logistics Ventures LLP, Sigma Advanced Systems Limited, Antrep Invest Private Limited and 4 more | Director | 28 May 2025 | 1 Years 4 Months | Current |
| Olga Noela Lume Pereira | Director | 28 May 2025 | 1 Years 4 Months | Current |
| Lancelot Gerard Dcunha Also directs: Valuex Wealth Connect LLP, Valuex Fund Managers LLP | Director | 01 Mar 2025 | 1 Years 7 Months | Current |
| Jeanne Marie Desouza | Additional Director | 01 Jun 2026 | 0 Years 4 Months | Current |
Peer Comparison of Evans Electric Limited
Evans Electric Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M.K.Powertech Private Limited | ₹27.12 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | New Delhi, Delhi, India |
| Powered Epc Services Limited | ₹27.06 Cr (FY 2025) | •••• | •••• | 126.0% | •••• | Bangalore, Karnataka, India |
| I-Fox Windtechnik India Private Limited | ₹27.03 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Tirupur, Tamil Nadu, India |
| Windsun Renewables Private Limited | ₹26.9 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Nagpur, Maharashtra, India |
| MKG Steel & Power Solutions Private Limited | ₹26.58 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Jagadhri, Haryana, India |
| Shin Thermo Dynamic Engineering Private Limited | ₹26.47 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Chennai, Tamil Nadu, India |
| Grade Electricals Private Limited | ₹26.38 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Vijay Electric Power (India) Private Limited | ₹26.38 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | Bangalore, Karnataka, India |
| Scme Projects Private Limited | ₹26.32 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Durgapur, West Bengal, India |
| HRC Infra Private Limited | ₹26.29 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Hisar, Haryana, India |
| Evans Electric Limited this company | ₹11.69 Cr (FY 2026) | •••• | •••• | -54.1% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Evans Electric by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Evans Electric Limited
Evans Electric Limited is audited by Anay Gogte & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Anay Gogte & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Shareholding Pattern of Evans Electric Limited
Shareholding for the quarter ended Sep 2026: promoters hold 59.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 40.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 59.40% | 59.40% | 59.40% | 59.40% |
| Public | 40.60% | 40.60% | 40.60% | 40.60% |
Charges & Borrowings of Evans Electric Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2025 | Others | ₹10.5 Cr | Open |
| 27 Jun 2025 | Others | ₹5 Cr | Open |
| 11 Aug 2012 | Union Bank of India | ₹50 Lakh | Satisfied |
| 11 Aug 2012 | Union Bank of India | ₹1 Cr | Satisfied |
| 18 Mar 2010 | Others | ₹8 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Evans Electric Limited
Evans Electric Limited has 33 deals on record (32 market trades, 1 ipo); the latest was in February 2026.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Market trade | ₹66.3 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
| Nov 2024 | Market trade | ₹1.41 Cr | Buyer: Bonanza Portfolio (Ifsc) Private Limited , Liesha Corporation Private Limited Seller: Liesha Corporation Private Limited , Bonanza Portfolio (Ifsc) Private Limited |
| Nov 2023 | Market trade | ₹39.8 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
| Feb 2023 | Market trade | ₹25.9 Lakh | Buyer: BP Equities Private Limited Seller: BP Equities Private Limited |
| Dec 2022 | Market trade | ₹1.15 Cr | Buyer: Arham Share Private Limited , Bonanza Portfolio (Ifsc) Private Limited Seller: Arham Share Private Limited , Bonanza Portfolio (Ifsc) Private Limited , an individual |
Full deal history
All 33 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Evans Electric Limited
Evans Electric Limited has a workforce of 52 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Evans Electric Limited
Evans Electric Limited has 16 board changes on record since 1972: 5 appointments and 11 cessations. The latest: Jeanne Marie Desouza was appointed as Additional Director on 01 Jun 2026.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Evans Electric Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Evans Electric Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Evans Electric Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Evans Electric Limited
Evans Electric has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE2502Q1ZM | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Evans Electric Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Evans Electric Limited
Frequently Asked Questions about Evans Electric Limited
Evans Electric is an active public limited company based in Mumbai, Maharashtra, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 29 December 1951 (75+ years old) and is registered under CIN L74999MH1951PLC008715. Listed on BSE: 542668.
Evans Electric reported revenue of ₹11.69 Cr for FY 2025-26 (down 54.1% YoY) based on standalone financials.
Evans Electric has 5 current directors:
- Ivor Anthony Desouza - Director
- Kalyan Vijay Sivalenka - Director
- Olga Noela Lume Pereira - Director
- Lancelot Gerard Dcunha - Director
- Jeanne Marie Desouza - Additional Director
The GSTIN of Evans Electric is 27AAACE2502Q1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Evans Electric is L74999MH1951PLC008715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Evans Electric is listed on BSE with code 542668.
Evans Electric was incorporated on 29 December 1951, making it 75+ years old. It is registered with the Registrar of Companies, Mumbai.
Evans Electric has 33 deals on record (32 market trades, 1 ipo); the latest was in February 2026.
The peers of Evans Electric by revenue are M.K.Powertech Private Limited, Powered Epc Services Limited, I-Fox Windtechnik India Private Limited, Windsun Renewables Private Limited, MKG Steel & Power Solutions Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Jeanne Marie Desouza was appointed as Additional Director on 01 Jun 2026. Wilson Desouza ceased to be Additional Director on 28 Sep 2025. Kalyan Vijay Sivalenka was appointed as Director on 28 May 2025. Evans Electric has 16 board changes on record in total.
Yes, Evans Electric is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0044897).