Het Electric Solutions Private Limited

Het Electric Solutions Private Limited - energy and power in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U31909GJ2018PTC102507 Incorporated 24 May 2018 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2025
₹25.67 Cr
▲ 18% YoY
Net profit · FY 2025
₹15.34 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹1.49 Cr
EBITDA margin 5.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41 Lakh
Issued & subscribed
Open charges
₹6.22 Cr
Satisfied ₹1.8 Cr
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings

About Het Electric Solutions Private Limited

Data last updated:

Het Electric Solutions Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 May 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2018PTC102507. Its GSTIN is 24AAECH5539C1ZV (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41 Lakh. It is led by directors including Jaydeepkumar Nimeshbhai Makasna and Rajeshkumar Laxmanbhai Makasana.

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 27 28 Maruti Textile Park, Surat, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹25.67 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹15.34 Lakh (net margin 0.6%) and EBITDA of ₹1.49 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 14% over five years.

As per MCA filings, the company has open charges of ₹6.22 Cr and satisfied charges of ₹1.8 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.

Het Electric Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0049120).

Company details

CIN U31909GJ2018PTC102507
Registration Number 102507
Incorporation Date 24 May 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0049120

Recognitions & Rankings of Het Electric Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0049120

Contact details

Het Electric Solutions Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    27 28 Maruti Textile Park Near Anjani Industrial Estate Gothan Canal Amroli, Sayan Road, Surat, Gujarat, India – 394130
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Het Electric Solutions Private Limited, buy the company report.

Comprehensive company report
Het Electric Solutions 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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Business activity

The main business activity of Het Electric Solutions 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 Het Electric Solutions Private Limited, buy the company report.

Financials of Het Electric Solutions Private Limited

FY 2025 filings available

Het Electric Solutions Private Limited reported revenue of ₹25.67 Cr (up 18% YoY) for FY 2025.

Revenue · FY 2025
₹25.67 Cr ▲ 18%
Net profit · FY 2025
₹15.34 Lakh margin 0.6%
EBITDA · FY 2025
₹1.49 Cr margin 5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 18%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 13%
5 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 18% growth in the latest year. EBITDA rose 15% 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

MetricsFY 2024-25FY 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₹1.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.34 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.8%
Net Profit Margin0.6%
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 Het Electric Solutions Private Limited, buy the company report.

Board of directors of Het Electric Solutions Private Limited

Het Electric Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jaydeepkumar Nimeshbhai MakasnaDirector24 May 20188 Years 5 MonthsCurrent
Rajeshkumar Laxmanbhai MakasanaDirector24 May 20188 Years 5 MonthsCurrent
Harshad Mansukhbhai PatelDirector01 Aug 20224 Years 2 MonthsCurrent
Ritaben Ashokbhai PatelDirector12 Oct 20188 Years 0 MonthsCurrent

Peer comparison

Het Electric Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Enventa Power Technologies Private Limited₹25.75 Cr (FY 2025)15.0%New Delhi, Delhi, India
Het Electric Solutions Private Limitedthis company₹25.67 Cr (FY 2025)₹15.34 Lakh0.6%18.0%Surat, Gujarat, India
Emi Solutions Private Limited₹25.62 Cr (FY 2024)3.0%Bangalore, Karnataka, India
A. K. Power Industries Private Limited₹25.57 Cr (FY 2018)-79.0%Howrah, West Bengal, India
Yesha Electricals Private Limited₹25.57 Cr (FY 2025)17.0%Vadodara, Gujarat, India
Industrial Switchgear and Controls (Bombay) P Ltd₹25.52 Cr (FY 2025)-11.0%Mumbai, Maharashtra, India

To see the full peer comparison of Het Electric Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.22 Cr
Satisfied charges
₹1.8 Cr
Breakdown by lending institutions
Axis Bank Limited₹6.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jun 2021100453527Axis Bank Limited₹3.28 CrOpen
14 Jun 2021100453844Axis Bank Limited₹2.78 CrOpen
13 Aug 2018100202111Axis Bank Limited₹16.22 LakhOpen
28 Oct 2018100224627Others₹79.5 LakhSatisfied
28 Oct 2018100224628Others₹1 CrSatisfied

To see the full charge records of Het Electric Solutions Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Het Electric Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Het Electric Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECH5539C1ZVGujaratActive26 Jul 2018

To see the full GST registrations and return filing status of Het Electric Solutions Private Limited, buy the company report.

Recent activity

Het Electric Solutions Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Harshad Mansukhbhai Patel was appointed as Director on 01 Aug 2022.

AGM
Het Electric Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Het Electric Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 328.00 Lakh registered on 14 Jun 2021 with Charge ID 100453527 was modified on 25 May 2023.
Appointed
Harshad Mansukhbhai Patel was appointed as Director.
Ceased
Alpeshbhai Dhirajbhai Parmar ceased to be Director.
Charges
A charge registered on 28 Oct 2018 via Charge ID 100224627 with Others was fully satisfied on 28 Jun 2021.
Charges
A charge registered on 28 Oct 2018 via Charge ID 100224628 with Others was fully satisfied on 28 Jun 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 278.00 Lakh with Charge ID 100453844 was registered on 14 Jun 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 328.00 Lakh with Charge ID 100453527 was registered on 14 Jun 2021.
Ceased
Hetalben Hiteshbhai Makasana ceased to be Director.
Charges
A charge with Others amounted to Rs. 79.50 Lakh with Charge ID 100224627 was registered on 28 Oct 2018.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100224628 was registered on 28 Oct 2018.

5 earlier events are in the company report.

Frequently asked questions

Het Electric Solutions is an active private limited company based in Surat, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 May 2018 (8+ years old) and is registered under CIN U31909GJ2018PTC102507.

Het Electric Solutions has 4 current directors:

The latest financial statements of Het Electric Solutions 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 2019 are in the company report.

The GSTIN of Het Electric Solutions is 24AAECH5539C1ZV, registered in Gujarat.

The CIN (Corporate Identification Number) of Het Electric Solutions is U31909GJ2018PTC102507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Het Electric Solutions has 4 court cases on record: 4 filed by the company. 3 are pending.

Het Electric Solutions was incorporated on 24 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Het Electric Solutions by revenue are Enventa Power Technologies Private Limited, Emi Solutions Private Limited, A. K. Power Industries Private Limited, Yesha Electricals Private Limited, Industrial Switchgear and Controls (Bombay) P Ltd, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Harshad Mansukhbhai Patel was appointed as Director on 01 Aug 2022. Alpeshbhai Dhirajbhai Parmar ceased to be Director on 19 Mar 2022. Hetalben Hiteshbhai Makasana ceased to be Director on 21 Dec 2020. Het Electric Solutions has 6 board changes on record in total.

Yes, Het Electric Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0049120).

The registered office of Het Electric Solutions is at 27 28 Maruti Textile Park Near Anjani Industrial Estate Gothan Canal Amroli, Sayan Road, Surat, Gujarat, India – 394130.