MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0198633
Octillion Power Systems India Private Limited - consumer electronics & durables in Khed, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹105.72 Cr
▲ 62% YoY
Net loss · FY 2022
₹6.91 Cr
Net margin -6.5%
EBITDA · FY 2022
-₹5.39 Cr
EBITDA margin -5.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.99 Cr
Issued & subscribed
Satisfied charges
₹10 Lakh
No open charges
Company age
9 yrs
Est. 2017
Employees · EPFO
117
Provident fund records
About Octillion Power Systems India Private Limited
Data last updated:
Octillion Power Systems India Private Limited is a foreign private limited company based in Khed, Maharashtra, India, a subsidiary of Octillion Power Systems Inc. Us. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 19 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27202PN2017FTC173926. Its GSTIN is 27AACCO6156G1ZD (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.99 Cr. It is led by directors including Paul Maynard Beach and Nikhil Shrikant Parchure.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Gat No. 428 B5B Off Chakan Talegaon Road, Behind Loreal India Village Mahalunge Tal. Khed, Maharashtra, India – 410501.
As per the financials filed for FY 2022, the company reported a revenue of ₹105.72 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹6.91 Cr (net margin -6.5%) and EBITDA of -₹5.39 Cr (EBITDA margin -5.1%).
The company has about 117 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Octillion Power Systems. As per MCA filings, the company has satisfied charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.79 Cr; the latest was in September 2018.
Octillion Power Systems India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0198633). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website octillion.us.
Company details
CIN U27202PN2017FTC173926
Registration Number 173926
Incorporation Date 19 December 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Parent Company Octillion Power Systems Inc. Us
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0198633
CIN history
Octillion Power Systems India has one previous CIN (Corporate Identification Number): U74999PN2017FTC173926. The current CIN is U27202PN2017FTC173926, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27202PN2017FTC173926 | Current |
| U74999PN2017FTC173926 | Previous |
Key People
Paul Maynard Beach Director Nikhil Shrikant Parchure Director Ravi Pandurang Pandit Director Recognitions & Rankings of Octillion Power Systems India
Contact details
Octillion Power Systems India Private Limited's registered office is in Khed, Maharashtra.
- Social Media
- Registered AddressGat No. 428 B5B Off Chakan Talegaon Road, Behind Loreal India Village Mahalunge Tal. Khed, Maharashtra, India – 410501
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
Comprehensive company report
Octillion Power Systems 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
Octillion Power Systems India operates one associated brand: Octillion Power Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of Lithium Ion battery packs | octillion.us |
Financials of Octillion Power Systems India Private Limited
FY 2024 filings availableOctillion Power Systems India Private Limited reported revenue of ₹105.72 Cr (up 62% YoY) for FY 2022.
Revenue · FY 2022
₹105.72 Cr ▲ 62%
Net loss · FY 2022
₹6.91 Cr margin -6.5%
EBITDA · FY 2022
-₹5.39 Cr margin -5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
Revenue rose 62% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹105.72 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.91 Cr | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.1% | ||||
| Net Profit Margin | -6.5% | ||||
| 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 Octillion Power Systems India Private Limited, buy the company report.
Board of directors of Octillion Power Systems India Private Limited
Octillion Power Systems India has 4 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 |
|---|---|---|---|---|
| Paul Maynard Beach | Director | 19 Dec 2017 | 8 Years 10 Months | Current |
| Nikhil Shrikant Parchure | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Ravi Pandurang Pandit Also directs: Telge Projects Limited, Afs Intercultural Programs India | Director | 19 Dec 2017 | 8 Years 10 Months | Current |
| Yang Wang | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
Charges & borrowings
Open charges
None
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2020 | 100393547 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Octillion Power Systems India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Octillion Power Systems India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.79 Cr; the latest was in September 2018.
Total deals
1
Funding round
1
Disclosed funding
₹3.79 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Funding round | ₹3.79 Cr | Investors: Octillion Power Systems Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Octillion Power Systems India Private Limited has 1 court case on record: 1 filed by Octillion Power Systems India. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Pending |
To see the full case history of Octillion Power Systems India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Octillion Power Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Octillion Power Systems India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO6156G1ZD | Maharashtra | Active | 22 Mar 2018 |
To see the full GST registrations and return filing status of Octillion Power Systems India Private Limited, buy the company report.
Recent activity
Octillion Power Systems India Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Yang Wang ceased to be Additional Director on 29 Jun 2025.
AGM
Octillion Power Systems India Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Ceased
Yang Wang ceased to be Additional Director.
Filing
Octillion Power Systems India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Pune.
Appointed
Yang Wang was appointed as Director.
Charges
A charge registered on 05 Dec 2020 via Charge ID 100393547 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 12 Feb 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.10 Cr with Charge ID 100393547 was registered on 05 Dec 2020.
Ceased
Nikhil Shrikant Parchure ceased to be Additional Director.
Appointed
Nikhil Shrikant Parchure was appointed as Director.
Appointed
Paul Maynard Beach was appointed as Director.
Appointed
Ravi Pandurang Pandit was appointed as Director.
Incorporation
19 Dec 2017
Octillion Power Systems India Private Limited was registered on 19 Dec 2017 with Roc Pune & aged 8 years 10 months as per MCA records.
News
Frequently asked questions
Octillion Power Systems India is an active foreign private limited company based in Khed, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 19 December 2017 (9+ years old) and is registered under CIN U27202PN2017FTC173926.
Octillion Power Systems India has 4 current directors:
- Paul Maynard Beach - Director
- Nikhil Shrikant Parchure - Director
- Ravi Pandurang Pandit - Director
- Yang Wang - Director
The latest financial statements of Octillion Power Systems India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Octillion Power Systems India is 27AACCO6156G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Octillion Power Systems India is U27202PN2017FTC173926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Octillion Power Systems India has 1 court case on record: 1 filed by the company. 1 is pending.
Octillion Power Systems India was incorporated on 19 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Octillion Power Systems India has 1 deal on record (1 funding round), with disclosed funding of ₹3.79 Cr; the latest was in September 2018.
Yang Wang ceased to be Additional Director on 29 Jun 2025. Yang Wang was appointed as Director on 19 Sep 2024. Nikhil Shrikant Parchure ceased to be Additional Director on 10 Sep 2019. Octillion Power Systems India has 6 board changes on record in total.
Yes, Octillion Power Systems India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0198633).
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