
About Exerval Private Limited
Data last updated:
Exerval Private Limited is a private limited company based in Khed, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 18 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U50400PN2021PTC209575. Its GSTIN is 27AAGCE2840R1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Triloknath Dharmraj Yadav and Dharmraj Kantaprasad Yadav.
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 Gat No. 309/3 Kuruli Tahasil: – Khed, Maharashtra, India – 410501.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.78 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹17.65 Lakh (net margin 4.7%) and EBITDA of ₹81.29 Lakh (EBITDA margin 21.5%).
The company is associated with 1 brand: Exer Energy. As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
For more details, the company can be reached via its website exerenergy.com.
Company details
CIN history
Exerval has one previous CIN (Corporate Identification Number): U50400MH2021PTC353625. The current CIN is U50400PN2021PTC209575, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50400PN2021PTC209575 | Current |
| U50400MH2021PTC353625 | Previous |
Recognitions & Rankings of Exerval
Contact details
Exerval Private Limited's registered office is in Khed, Maharashtra. Its website is exerenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No. 309/3 Kuruli Tahasil: – Khed, Maharashtra, India – 410501
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Exerval 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
Exerval operates one associated brand: EXER ENERGY. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EXER ENERGY manufactures electric scooters for sustainable urban mobility. | exerenergy.com |
Business activity
The main business activity of Exerval is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Exerval Private Limited, buy the company report.
Financials of Exerval Private Limited
FY 2025 filings availableExerval Private Limited reported revenue of ₹3.78 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year. EBITDA rose 141% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹81.29 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.65 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.5% | |||
| Net Profit Margin | 4.7% | |||
| 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 Exerval Private Limited, buy the company report.
Board of directors of Exerval Private Limited
Exerval has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Triloknath Dharmraj Yadav | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Dharmraj Kantaprasad Yadav | Director | 18 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Exerval Private Limited is audited by NILESH NAHATA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NILESH NAHATA & CO | FY 2021 | 118134W |
Shareholding
The shareholding of Exerval Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Exerval Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2021 | 100509565 | Indian Bank | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Exerval Private Limited has 3 court cases on record: 3 filed by Exerval. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against Kats Commerce Pvt. Ltd. Through Sunita Pradeep Katariya and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against G I Electronic and Company Through Proprietor Chandrakant Kajale | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Exerval 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 Exerval Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Exerval Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Exerval has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCE2840R1Z5 | Maharashtra | Active | 08 Mar 2021 |
To see the full GST registrations and return filing status of Exerval Private Limited, buy the company report.
Recent activity
Exerval Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Pradeep Rikhabchand Katariya ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Exerval is an active private limited company based in Khed, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 18 January 2021 (5+ years old) and is registered under CIN U50400PN2021PTC209575.
Exerval has 2 current directors:
- Triloknath Dharmraj Yadav - Director
- Dharmraj Kantaprasad Yadav - Director
The latest financial statements of Exerval 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 2021 are in the company report.
The GSTIN of Exerval is 27AAGCE2840R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Exerval is U50400PN2021PTC209575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exerval has 3 court cases on record: 3 filed by the company. 3 are pending.
Exerval was incorporated on 18 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
Pradeep Rikhabchand Katariya ceased to be Additional Director on 30 Nov 2021. Triloknath Dharmraj Yadav was appointed as Director on 30 Nov 2021. Triloknath Dharmraj Yadav ceased to be Director on 01 Jul 2021. Exerval has 4 board changes on record in total.
Yes, Exerval is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Exerval can be reached through the website exerenergy.com. Its registered office is in Khed, Maharashtra, India.