PMV Electric Private Limited

PMV Electric Private Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U34300MH2018PTC317155 Incorporated 16 November 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company automotive DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹7.83 Lakh
▼ 18% YoY
Net loss · FY 2025
₹45.71 Lakh
Latest filing
EBITDA · FY 2025
-₹42.24 Lakh
Latest filing
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹78.07 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About PMV Electric Private Limited

Data last updated:

PMV Electric Private Limited is a private limited company based in Mumbai, 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 16 November 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH2018PTC317155. Its GSTIN is 27AAKCP2032Q1Z0 (Maharashtra).

The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹78.07 Lakh. It is led by directors Kalpit Dashrath Patel and Dashrath Keshavlal Patel.

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 15 Maqbool Compd Islamiya Bazar Nr W E Highway Pathanwadi Nr Marble Mkt, Mumbai, Maharashtra, India – 400097.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.83 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹45.71 Lakh and EBITDA of -₹42.24 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 200% over three years.

The company is associated with 1 brand: PMV Electric. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹2.62 Cr; the latest was in June 2023.

PMV Electric Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0165283). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pmvelectric.com.

Company details

CIN U34300MH2018PTC317155
Registration Number 317155
Incorporation Date 16 November 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0165283

Recognitions & Rankings of PMV Electric

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0165283

Contact details

PMV Electric Private Limited's registered office is in Mumbai, Maharashtra. Its website is pmvelectric.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    15 Maqbool Compd Islamiya Bazar Nr W E Highway Pathanwadi Nr Marble Mkt, Mumbai, Maharashtra, India – 400097
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

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

Comprehensive company report
PMV Electric 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

PMV Electric operates one associated brand: PMV Electric. Each brand links to its own profile.

BrandDescriptionWebsite
Electric cars with advanced features are developed by PMV Electric.pmvelectric.com

Business activity

The main business activity of PMV Electric is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of PMV Electric Private Limited, buy the company report.

Financials of PMV Electric Private Limited

FY 2025 filings available

PMV Electric Private Limited reported revenue of ₹7.83 Lakh (down 18% YoY) for FY 2025.

Revenue · FY 2025
₹7.83 Lakh ▼ 18%
Net loss · FY 2025
₹45.71 Lakh
EBITDA · FY 2025
-₹42.24 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 200%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 43%
5 years · compounded
▼ 43%

Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 200%. EBITDA fell 23% 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-₹42.24 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹45.71 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 Margin
Net Profit Margin
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 PMV Electric Private Limited, buy the company report.

Board of directors of PMV Electric Private Limited

PMV Electric has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kalpit Dashrath PatelDirector16 Nov 20187 Years 11 MonthsCurrent
Dashrath Keshavlal PatelDirector16 Nov 20187 Years 11 MonthsCurrent

Auditor

PMV Electric Private Limited is audited by K K A B & Co LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
K K A B & Co LLPFY 2022132029W/W100204

Shareholding

The shareholding of PMV Electric Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Deals & funding

PMV Electric Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹2.62 Cr; the latest was in June 2023.

Total deals
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹2.62 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Jun 2023Funding round₹2.08 CrInvestors: 4 individuals
Jul 2021Funding round₹34.6 LakhInvestors: 4 individuals
Dec 2020Funding round₹19 LakhInvestors: 4 individuals
Nov 2020Rights issue₹9 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

PMV Electric has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAKCP2032Q1Z0MaharashtraActive26 Dec 2018

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

Recent activity

PMV Electric Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dashrath Keshavlal Patel was appointed as Director on 16 Nov 2018.

AGM
Pmv Electric Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pmv Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Dashrath Keshavlal Patel was appointed as Director.
Appointed
Kalpit Dashrath Patel was appointed as Director.
Incorporation
16 Nov 2018
Pmv Electric Private Limited was registered on 16 Nov 2018 with Roc Mumbai & aged 7 years 11 months as per MCA records.

Frequently asked questions

PMV Electric is an active private limited company based in Mumbai, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 16 November 2018 (8+ years old) and is registered under CIN U34300MH2018PTC317155.

PMV Electric has 2 current directors:

The latest financial statements of PMV Electric 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 PMV Electric is 27AAKCP2032Q1Z0, registered in Maharashtra.

The CIN (Corporate Identification Number) of PMV Electric is U34300MH2018PTC317155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

PMV Electric was incorporated on 16 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

PMV Electric has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹2.62 Cr; the latest was in June 2023.

Dashrath Keshavlal Patel was appointed as Director on 16 Nov 2018. Kalpit Dashrath Patel was appointed as Director on 16 Nov 2018.

Yes, PMV Electric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, PMV Electric is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0165283).