MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0017786
Soul Electric Private Limited - business outsourcing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.75 Cr
▲ 89% YoY
Net profit · FY 2025
₹8.7 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹25.34 Lakh
EBITDA margin 3.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Soul Electric Private Limited
Data last updated:
Soul Electric Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 01 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2016PTC093568. Its GSTIN is 24AAXCS5954M1ZD (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Haresh Maneklal Domadia and Tejas Arvindbhai 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 204 Felix B/H Iscon Height Gotri Road, Vadodara, Gujarat, India – 390021.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.75 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹8.7 Lakh (net margin 1.3%) and EBITDA of ₹25.34 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 28% over five years.
The company is associated with 1 brand: Soul Electric.
Soul Electric Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0017786). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website soulelectric.in.
Company details
CIN U29100GJ2016PTC093568
Registration Number 093568
Incorporation Date 01 September 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0017786
Key People
Haresh Maneklal Domadia Director Tejas Arvindbhai Patel Director Tanmay Hemendrabhai Soni Director Recognitions & Rankings of Soul Electric
Contact details
Soul Electric Private Limited's registered office is in Vadodara, Gujarat. Its website is soulelectric.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address204 Felix B/H Iscon Height Gotri Road, Vadodara, Gujarat, India – 390021
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Soul Electric Private Limited, buy the company report.
Comprehensive company report
Soul 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
Soul Electric operates one associated brand: Soul Electric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automation and electrical solutions including frequency inverters, servo, PLC, and HMI services in India. | soulelectric.in |
Business activity
The main business activity of Soul Electric is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Soul Electric Private Limited, buy the company report.
Financials of Soul Electric Private Limited
FY 2025 filings availableSoul Electric Private Limited reported revenue of ₹6.75 Cr (up 89% YoY) for FY 2025.
Revenue · FY 2025
₹6.75 Cr ▲ 89%
Net profit · FY 2025
₹8.7 Lakh margin 1.3%
EBITDA · FY 2025
₹25.34 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 54%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 21%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 89% growth in the latest year. EBITDA rose 62% 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Soul Electric Private Limited, buy the company report.
Board of directors of Soul Electric Private Limited
Soul Electric has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haresh Maneklal Domadia | Director | 01 Sep 2016 | 10 Years 2 Months | Current |
| Tejas Arvindbhai Patel | Director | 01 Sep 2016 | 10 Years 2 Months | Current |
| Tanmay Hemendrabhai Soni | Director | 21 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Soul Electric Private Limited is audited by Y. M. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. M. SHAH & CO. | FY 2023 | 114124W |
Shareholding
The shareholding of Soul Electric Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Soul Electric Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Soul Electric 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 Soul Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Soul Electric has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS5954M1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Soul Electric Private Limited, buy the company report.
Recent activity
Soul Electric Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Darshakkumar Sureshchandra Sheth ceased to be Director on 05 Dec 2022.
AGM
Soul Electric Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Soul Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Darshakkumar Sureshchandra Sheth ceased to be Director.
Appointed
Tanmay Hemendrabhai Soni was appointed as Director.
Appointed
Haresh Maneklal Domadia was appointed as Director.
Appointed
Tejas Arvindbhai Patel was appointed as Director.
Incorporation
01 Sep 2016
Soul Electric Private Limited was registered on 01 Sep 2016 with Roc Ahmedabad & aged 10 years 2 months as per MCA records.
Frequently asked questions
Soul Electric is an active private limited company based in Vadodara, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 01 September 2016 (10+ years old) and is registered under CIN U29100GJ2016PTC093568.
Soul Electric has 3 current directors:
- Haresh Maneklal Domadia - Director
- Tejas Arvindbhai Patel - Director
- Tanmay Hemendrabhai Soni - Director
The latest financial statements of Soul 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 2017 are in the company report.
The GSTIN of Soul Electric is 24AAXCS5954M1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Soul Electric is U29100GJ2016PTC093568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soul Electric was incorporated on 01 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Darshakkumar Sureshchandra Sheth ceased to be Director on 05 Dec 2022. Tanmay Hemendrabhai Soni was appointed as Director on 21 Jan 2019. Haresh Maneklal Domadia was appointed as Director on 01 Sep 2016. Soul Electric has 4 board changes on record in total.
Yes, Soul Electric is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0017786).
Soul Electric can be reached through the website soulelectric.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Soul Electric is at 204 Felix BH Iscon Height Gotri Road, Vadodara, Gujarat, India – 390021.
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