DPIIT recognised startup Government of India
Startup India
Franklin EV India Private Limited - automotive in Medchalmalkajgiri, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.12 Cr
▲ 2% YoY
Net profit · FY 2025
₹50.15 Lakh
Net margin 3.8%
EBITDA · FY 2025
₹1.46 Cr
EBITDA margin 11.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹3.2 Lakh
Issued & subscribed
Open charges
₹4.23 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Franklin EV India Private Limited
Data last updated:
Franklin EV India Private Limited is a private limited company based in Medchalmalkajgiri, Telangana, 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 07 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U34100TG2021PTC152878. Its GSTIN is 36AAECF6311J1ZP (Telangana).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3.2 Lakh. It is led by directors including Shashidhar Kumar Valugula and Ranjith Valugula.
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 Plot No. 553 H. No. 7 – 2 – 553 Rama Krishna Nagar Chengicherla Ghatkesar, Medchalmalkajgiri, Telangana, India – 500095.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.12 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹50.15 Lakh (net margin 3.8%) and EBITDA of ₹1.46 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company is associated with 1 brand: Franklin Ev. As per MCA filings, the company has open charges of ₹4.23 Cr on record.
Franklin EV India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-20-0020681). For more details, the company can be reached via its website franklinev.com.
Company details
CIN U34100TG2021PTC152878
Registration Number 152878
Incorporation Date 07 July 2021
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-TS-20-0020681
Recognitions & Rankings of Franklin EV India
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-20-0020681
Contact details
Franklin EV India Private Limited's registered office is in Medchalmalkajgiri, Telangana. Its website is franklinev.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 553 H. No. 7 – 2 – 553 Rama Krishna Nagar Chengicherla Ghatkesar, Medchalmalkajgiri, Telangana, India – 500095
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Franklin EV India Private Limited, buy the company report.
Comprehensive company report
Franklin EV India 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
Franklin EV India operates one associated brand: FRANKLIN EV. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality electric scooters. | franklinev.com |
Business activity
The main business activity of Franklin EV India is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Franklin EV India Private Limited, buy the company report.
Financials of Franklin EV India Private Limited
FY 2025 filings availableFranklin EV India Private Limited reported revenue of ₹13.12 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹13.12 Cr ▲ 2%
Net profit · FY 2025
₹50.15 Lakh margin 3.8%
EBITDA · FY 2025
₹1.46 Cr margin 11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 221%
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 2% growth in the latest year. EBITDA fell 29% 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 |
|---|---|---|---|---|
| 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 | ₹1.46 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹50.15 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.2% | |||
| Net Profit Margin | 3.8% | |||
| 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 Franklin EV India Private Limited, buy the company report.
Board of directors of Franklin EV India Private Limited
Franklin EV India has 3 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 |
|---|---|---|---|---|
| Shashidhar Kumar Valugula | Director | 07 Jul 2021 | 5 Years 4 Months | Current |
| Ranjith Valugula Also directs: Lion Energy Lithium Batteries Private Limited | Director | 24 Dec 2022 | 3 Years 10 Months | Current |
| Swathy Nemila | Director | 10 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Franklin EV India Private Limited is audited by K N K AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N K AND ASSOCIATES | FY 2023 | 018623S |
Shareholding
The shareholding of Franklin EV India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Franklin EV India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2024 | 100989025 | Others | ₹50 Lakh | Open | |
| 30 Aug 2024 | 101005296 | Others | ₹1 Cr | Open | |
| 18 Aug 2023 | 100776063 | Others | ₹1 Cr | Open | |
| 22 Jul 2022 | 100597571 | Axis Bank Limited | ₹1.6 Cr | Open | |
| 16 Jun 2022 | 100583173 | Others | ₹5.25 Lakh | Open |
To see the full charge records of Franklin EV India Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Franklin EV India 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
No delayed payments to MSME suppliers are on our record for Franklin EV India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Franklin EV India Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
Active EPFO establishments
1
GST
Franklin EV India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECF6311J1ZP | Telangana | Active | 17 Aug 2021 |
To see the full GST registrations and return filing status of Franklin EV India Private Limited, buy the company report.
Recent activity
Franklin EV India Private Limited has 7 board changes on record since 2021: 5 appointments and 2 cessations. The latest: Anoop Mohan ceased to be Additional Director on 30 Sep 2024.
AGM
Franklin Ev India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Franklin Ev India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100989025 was registered on 16 Oct 2024.
Ceased
Anoop Mohan ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101005296 was registered on 30 Aug 2024.
Appointed
Swathy Nemila was appointed as Director.
Appointed
Anoop Mohan was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100776063 was registered on 18 Aug 2023.
Charges
A charge with Axis Bank Limited of Rs. 160.00 Lakh registered on 22 Jul 2022 with Charge ID 100597571 was modified on 11 May 2023.
Ceased
Gajendrababu Batladinne ceased to be Director.
Appointed
Ranjith Valugula was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 160.00 Lakh with Charge ID 100597571 was registered on 22 Jul 2022.
5 earlier events are in the company report.
Frequently asked questions
Franklin EV India is an active private limited company based in Medchalmalkajgiri, Telangana, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 07 July 2021 (5+ years old) and is registered under CIN U34100TG2021PTC152878.
Franklin EV India has 3 current directors:
- Shashidhar Kumar Valugula - Director
- Ranjith Valugula - Director
- Swathy Nemila - Director
The latest financial statements of Franklin EV India 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 2022 are in the company report.
The GSTIN of Franklin EV India is 36AAECF6311J1ZP, registered in Telangana.
The CIN (Corporate Identification Number) of Franklin EV India is U34100TG2021PTC152878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Franklin EV India was incorporated on 07 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
Anoop Mohan ceased to be Additional Director on 30 Sep 2024. Swathy Nemila was appointed as Director on 10 Jun 2024. Anoop Mohan was appointed as Additional Director on 15 May 2024. Franklin EV India has 7 board changes on record in total.
Yes, Franklin EV India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Franklin EV India is registered as an MSME under Udyam registration (number: UDYAM-TS-20-0020681).
Franklin EV India can be reached through the website franklinev.com. Its registered office is in Medchalmalkajgiri, Telangana, India.
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