About Eversource Capital Private Limited
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Eversource Capital Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Eversource Management Holdings. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2018PTC306339. Its GSTIN is 27AAECE9691C1ZF (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.16 Cr. It was formerly known as Eversource Advisors Private Limited. It is led by directors including Dhanpal Arvind Jhaveri (Managing Director) and Bahram Navroz Vakil.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at One World Center 16th Floor Tower 2A Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.37 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹19.88 Lakh (net margin -0.3%) and EBITDA of ₹28.35 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 22% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: EverSource Capital. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2018. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 188 overdue payments to 13 micro and small suppliers.
For more details, the company can be reached via its website eversourcecapital.com.
Company details
Name history
Eversource Capital has undergone 2 name changes throughout its history. The company was previously known as Eversource Capital Private Limited, and Eversource Advisors Private Limited. The current legal name is Eversource Capital Private Limited.
| Company Name | Status |
|---|---|
| Eversource Capital Private Limited | Current |
| Eversource Advisors Private Limited | Previous |
Contact details
Eversource Capital Private Limited's registered office is in Mumbai, Maharashtra. Its website is eversourcecapital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOne World Center 16th Floor Tower 2A Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Eversource Capital 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
Brands
Eversource Capital operates one associated brand: EverSource Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure investment and management are conducted in India. | eversourcecapital.com |
Business activity
The main business activity of Eversource Capital is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Eversource Capital Private Limited, buy the company report.
Financials of Eversource Capital Private Limited
FY 2025 filings availableEversource Capital Private Limited reported revenue of ₹64.37 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 21% growth in the latest year. EBITDA rose 104% 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 |
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| EBITDA | ₹28.35 Lakh | ||||
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| Net Profit (PAT) | -₹19.88 Lakh | ||||
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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 | 0.4% | ||||
| Net Profit Margin | -0.3% | ||||
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To see the full financial statements and ratios of Eversource Capital Private Limited, buy the company report.
Board of directors of Eversource Capital Private Limited
Eversource Capital has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bahram Navroz Vakil | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
| Ranjan Mathai Also directs: Vedanta Oil and Gas Limited, HDFC Pension Fund Management Limited | Director | 13 Aug 2019 | 7 Years 2 Months | Current |
| Dhanpal Arvind Jhaveri Also directs: Mangalam Staffing Services LLP, Healthfirst Centre LLP, Onward Technologies Limited and 5 more | Managing Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Rajesh Shashikant Mehta | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Nicholas Thomson Boyle | Director | 25 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Eversource Capital Private Limited is audited by B S R & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Eversource Capital 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 Eversource Capital Private Limited, buy the company report.
Deals & funding
Eversource Capital Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Rights issue | ₹3.15 Cr | Investors: EverSource Management Holdings |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: EverSource Management Holdings Seller: Everstone Capital Management |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Eversource Capital 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
Eversource Capital Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 188 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Environmental Management Centre Private Limited | |||
| Rainmaker Online Training Solutions Private Limited | |||
| Gilpin Tours and Travel Management India Private Limited | |||
| Orient Technologies Limited | |||
| an individual supplier |
To see the full MSME payment records of Eversource Capital Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Eversource Capital Private Limited has a workforce of 27 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 27 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Eversource Capital Private Limited, buy the company report.
GST
Eversource Capital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE9691C1ZF | Maharashtra | Active | 01 Jun 2018 |
To see the full GST registrations and return filing status of Eversource Capital Private Limited, buy the company report.
Recent activity
Eversource Capital Private Limited has 20 board changes on record since 2018: 12 appointments and 8 cessations. The latest: Nicholas Thomson Boyle was appointed as Director on 25 Sep 2025.
11 earlier events are in the company report.
News
Frequently asked questions
Eversource Capital is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 March 2018 (8+ years old) and is registered under CIN U65990MH2018PTC306339.
Eversource Capital has 5 current directors:
- Dhanpal Arvind Jhaveri - Managing Director
- Bahram Navroz Vakil - Director
- Ranjan Mathai - Director
- Rajesh Shashikant Mehta - Director
- Nicholas Thomson Boyle - Director
The latest financial statements of Eversource Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Eversource Capital is 27AAECE9691C1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Eversource Capital is U65990MH2018PTC306339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eversource Capital was incorporated on 12 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Eversource Capital has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2018.
Nicholas Thomson Boyle was appointed as Director on 25 Sep 2025. Kareen Alexandra Patricia Boutonnat ceased to be Director on 31 Dec 2024. Lee Ian Young ceased to be Additional Director on 23 Sep 2022. Eversource Capital has 20 board changes on record in total.
Eversource Capital has 8 MSME Form 1 returns on record between 2019 and 2023, listing 188 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Eversource Capital can be reached through the website eversourcecapital.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Eversource Capital is at One World Center 16th Floor Tower 2A Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
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