About Neotrend EV Systems Private Limited
Data last updated:
Neotrend EV Systems Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 01 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U31909TG2018PTC127308. Its GSTIN is 36AAGCN2228J1ZF (Telangana).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹63.33 Lakh. It is led by directors including Kiran Boyinapalli (Managing Director) and Boinapalli Kalyani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sy No: 114/1 Raviryal Srinagar Maheshwaram, Hyderabad, Telangana, India – 501359.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.62 Cr, a growth of 145% compared to the previous year. For the same year it recorded a net loss of ₹55.27 Lakh (net margin -34.1%) and EBITDA of -₹39.51 Lakh (EBITDA margin -24.4%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 147% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Charzion.
For more details, the company can be reached via its website charzion.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSy No: 114/1 Raviryal Srinagar Maheshwaram, Hyderabad, Telangana, India – 501359
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
- One PDF report, delivered after checkout
Business Activity of Neotrend EV Systems Private Limited
The main business activity of Neotrend EV Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Neotrend EV Systems Private Limited FY 2024 filings available
Neotrend EV Systems Private Limited reported revenue of ₹1.62 Cr (up 145% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neotrend EV Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 147% over five years, including 145% growth in the latest year. EBITDA rose 7% 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 of Neotrend EV Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹39.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹55.27 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 Neotrend EV Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -34.1% | •••• | •••• | •••• | •••• |
| 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 Neotrend EV Systems are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Neotrend EV Systems Private Limited
Neotrend EV Systems 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 |
|---|---|---|---|---|---|---|
| Dao Evtech Private Limited | ₹1.71 Cr (FY 2022) | •••• | •••• | 1066.0% | •••• | Hyderabad, Telangana, India |
| Gdrive Motors Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Panchkula, Haryana, India |
| Physics Motors Technology Private Limited | ₹1.68 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Hubli, Karnataka, India |
| Minder EV Logistics Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | 453.0% | •••• | Gurgaon, Haryana, India |
| Raftaar Electric Green Vehicles Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | Sirhind, Punjab, India |
| Neotrend EV Systems Private Limited this company | ₹1.62 Cr (FY 2024) | •••• | •••• | 145.0% | •••• | Hyderabad, Telangana, India |
| Ingo Electric Private Limited | ₹1.62 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Bengaluru, Karnataka, India |
| Mag9 Energies Private Limited | ₹1.61 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| Huse Energy Systems Private Limited | ₹1.6 Cr (FY 2025) | •••• | •••• | 430.0% | •••• | Vasai, Maharashtra, India |
| Riqueza Electric Vehicles Private Limited | ₹1.59 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Thane, Maharashtra, India |
| Winning Fuels Mobility Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Neotrend EV Systems 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 Neotrend EV Systems Private Limited
Neotrend EV Systems Private Limited is audited by H No 132-2-83/1 Vikranth s Vihar for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H No 132-2-83/1 Vikranth s Vihar | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Neotrend EV Systems Private Limited
Neotrend EV Systems has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Boyinapalli Also directs: Vishwamithraa Ventures LLP, Vishwamithraa Housing LLP, Legacy Poly Films LLP and 3 more | Managing Director | 10 Feb 2020 | 6 Years 8 Months | Current |
| Boinapalli Kalyani Also directs: Control Room Technology Consulting LLP | Director | 10 Feb 2020 | 6 Years 8 Months | Current |
| Bollepelli Sridevi | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Neotrend EV Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Neotrend EV Systems Private Limited
Neotrend EV Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Neotrend EV Systems Private Limited
Neotrend EV Systems operates one associated brand: CHARZION. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services and custom product development with in-house R&D. | charzion.com |
Employees and EPFO Compliance at Neotrend EV Systems Private Limited
Neotrend EV Systems Private Limited has a workforce of 18 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Neotrend EV Systems Private Limited
Neotrend EV Systems Private Limited has 16 board changes on record since 2018: 3 appointments and 13 cessations. The latest: Bollepelli Sridevi was appointed as Director on 01 Jul 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neotrend EV Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Neotrend EV Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Neotrend EV Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Neotrend EV Systems Private Limited
Neotrend EV Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCN2228J1ZF | Telangana | Active | 02 Nov 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Neotrend EV Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Neotrend EV Systems Private Limited
Neotrend EV Systems is an active private limited company based in Hyderabad, Telangana, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 01 October 2018 (8+ years old) and is registered under CIN U31909TG2018PTC127308.
Neotrend EV Systems reported revenue of ₹1.62 Cr for FY 2024 (up 145% YoY).
Neotrend EV Systems has 3 current directors:
- Kiran Boyinapalli - Managing Director
- Boinapalli Kalyani - Director
- Bollepelli Sridevi - Director
Neotrend EV Systems reported a net loss of ₹55.27 Lakh (net margin -34.1%) and EBITDA of -₹39.51 Lakh (EBITDA margin -24.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neotrend EV Systems is 96% over three years and 147% over five years. In the latest year (FY 2024) revenue rose 145%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neotrend EV Systems is 36AAGCN2228J1ZF, registered in Telangana.
The CIN (Corporate Identification Number) of Neotrend EV Systems is U31909TG2018PTC127308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neotrend EV Systems was incorporated on 01 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Neotrend EV Systems by revenue are Dao Evtech Private Limited, Gdrive Motors Private Limited, Physics Motors Technology Private Limited, Minder EV Logistics Private Limited, Raftaar Electric Green Vehicles Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Bollepelli Sridevi was appointed as Director on 01 Jul 2025. Krishna Murthy Boinapally ceased to be Director on 30 Aug 2024. Basana Venkatrao Kiranmayee ceased to be Director on 11 Mar 2024. Neotrend EV Systems has 16 board changes on record in total.
Neotrend EV Systems can be reached through the website charzion.com. Its registered office is in Hyderabad, Telangana, India.