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Exerval Private Limited - automotive in Khed, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.78 Cr
▲ 10% YoY
Net profit · FY 2024
₹17.65 Lakh
Net margin 4.7%
EBITDA · FY 2024
₹81.29 Lakh
EBITDA margin 21.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
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 of Exerval Private Limited
CIN U50400PN2021PTC209575
Registration Number 209575
Incorporation Date 18 January 2021
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
CIN History of Exerval Private Limited
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
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGat No. 309/3 Kuruli Tahasil: – Khed, Maharashtra, India – 410501
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
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Associated Brands with Exerval Private Limited
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 of Exerval Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Exerval Private Limited FY 2025 filings available
Exerval Private Limited reported revenue of ₹3.78 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹3.78 Cr ▲ 10%
Net profit · FY 2024
₹17.65 Lakh margin 4.7%
EBITDA · FY 2024
₹81.29 Lakh margin 21.5%
Compounded Annual Growth Rate (CAGR) of Exerval Private Limited
Revenue CAGR growth
1 year
▲ 10%
EBITDA CAGR growth
1 year
▲ 141%
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 of Exerval Private Limited
| 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 of Exerval Private Limited
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Exerval are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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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.
Current Directors
| 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 |
Peer Comparison of Exerval Private Limited
Exerval Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pulse Energy Technologies Private Limited | ₹3.91 Cr (FY 2025) | •••• | •••• | 447.0% | •••• | Bangalore, Karnataka, India |
| Somaa India Private Limited | ₹3.9 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Nizamuddinpur, Uttar Pradesh, India |
| Mizuki Auto India Private Limited | ₹3.82 Cr (FY 2024) | •••• | •••• | -79.0% | •••• | New Delhi, Delhi, India |
| Shakti EV Mobility Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Dhar, Madhya Pradesh, India |
| Atumobile Private Limited | ₹3.8 Cr (FY 2023) | •••• | •••• | 20.0% | •••• | Secunderabad, Telangana, India |
| Exerval Private Limited this company | ₹3.78 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Khed, Maharashtra, India |
| Hero Edu Systems Private Limited | ₹3.78 Cr (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Contour Techworx Private Limited | ₹3.78 Cr (FY 2024) | •••• | •••• | 485.0% | •••• | Coimbatore, Tamil Nadu, India |
| Nuq Energy Private Limited | ₹3.72 Cr (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Starya Mobility Private Limited | ₹3.71 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Bengaluru, Karnataka, India |
| Evigo Charge Private Limited | ₹3.69 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Exerval by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), 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 Exerval Private Limited
Exerval Private Limited is audited by NILESH NAHATA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NILESH NAHATA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Exerval Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Exerval Private Limited
Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2021 | Indian Bank | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Exerval Private Limited
Exerval Private Limited has 3 court cases on record: 3 filed by Exerval. All cases are pending. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Total cases
3
Filed by the company
3
Pending
3
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 Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against G I Electronic and Company | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Exerval Private Limited
Exerval Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Exerval Private Limited
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.
AGM
Exerval Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Exerval Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Pradeep Rikhabchand Katariya ceased to be Additional Director.
Appointed
Triloknath Dharmraj Yadav was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 400.00 Lakh with Charge ID 100509565 was registered on 29 Sep 2021.
Ceased
Triloknath Dharmraj Yadav ceased to be Director.
Appointed
Dharmraj Kantaprasad Yadav was appointed as Director.
Incorporation
18 Jan 2021
Exerval Private Limited was registered on 18 Jan 2021 with Roc Pune & aged 5 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Exerval Private Limited
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MSME Payment Delays by Exerval Private Limited
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Subsidiaries & Group Companies of Exerval Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Exerval Private Limited
Exerval has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCE2840R1Z5 | Maharashtra | Active | 08 Mar 2021 |
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MCA Filings & Documents of Exerval Private Limited
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Frequently Asked Questions about Exerval Private Limited
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 reported revenue of ₹3.78 Cr for FY 2024 (up 10% YoY).
Exerval has 2 current directors:
- Triloknath Dharmraj Yadav - Director
- Dharmraj Kantaprasad Yadav - Director
Exerval reported a net profit of ₹17.65 Lakh (net margin 4.7%) and EBITDA of ₹81.29 Lakh (EBITDA margin 21.5%) for FY 2024, as per its filed financial statements.
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.
The peers of Exerval by revenue are Pulse Energy Technologies Private Limited, Somaa India Private Limited, Mizuki Auto India Private Limited, Shakti EV Mobility Private Limited, Atumobile Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
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).