Exerval Private Limited - automotive in Khed, Maharashtra, India. FY 2026 financials & compliance.
CIN U50400PN2021PTC209575 Incorporated 18 January 2021 ROC Pune HQ Khed, Maharashtra, India
Active Private Limited Company automotive DPIIT Startup
Data last updated
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

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

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.

CINStatus
U50400PN2021PTC209575Current
U50400MH2021PTC353625Previous

Recognitions & Rankings of Exerval

DPIIT recognised startup Government of India
Startup India

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
  • Social Media
  • Registered Address
    Gat No. 309/3 Kuruli Tahasil: – Khed, Maharashtra, India – 410501
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Exerval Private Limited, buy the company report.

Comprehensive company report
Exerval 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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Brands

Exerval operates one associated brand: EXER ENERGY. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical 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 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)

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin21.5%
Net Profit Margin4.7%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Triloknath Dharmraj YadavDirector30 Nov 20214 Years 10 MonthsCurrent
Dharmraj Kantaprasad YadavDirector18 Jan 20215 Years 9 MonthsCurrent

Auditor

Exerval Private Limited is audited by NILESH NAHATA & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
NILESH NAHATA & COFY 2021118134W

Shareholding

The shareholding of Exerval Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Exerval Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹4.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Sep 2021100509565Indian Bank₹4 CrOpen

Total charge records: 1 View all charges

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.

Active EPFO establishments
1

GST

Exerval has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCE2840R1Z5MaharashtraActive08 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.

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.

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:

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.