About Statlec India Electricals Private Limited
Data last updated:
Statlec India Electricals Private Limited is a private limited company based in Jalgaon, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 15 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2020PTC351896. Its GSTIN is 27ABFCS0998A1ZA (Maharashtra).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Kunal Suresh Bhole and Alka Suresh Bhole.
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 Bl No.20 4th Floor Pl No.46T 048 Ganpati Residency, Jalgaon, Maharashtra, India – 425001.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.77 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹86,131 (net margin 3.5%) and EBITDA of ₹1.21 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 593% over three years.
As per MCA filings, the company has open charges of ₹4.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website statlec-india.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBl No.20 4th Floor Pl No.46T 048 Ganpati Residency, Jalgaon, Maharashtra, India – 425001
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Statlec India Electricals Private Limited
The main business activity of Statlec India Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport 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 Statlec India Electricals Private Limited FY 2025 filings available
Statlec India Electricals Private Limited reported revenue of ₹24.77 Lakh (up 6433% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Statlec India Electricals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 593% over three years. EBITDA rose 168% 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 Statlec India Electricals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.21 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹86,131 | •••• | •••• | •••• |
| 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 Statlec India Electricals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Statlec India Electricals are in the company report.
Financial statements from FY 2021
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 Statlec India Electricals Private Limited
Statlec India Electricals Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ellume Technology Private Limited | ₹25.21 Lakh (FY 2025) | •••• | •••• | 93.0% | •••• | Mumbai, Maharashtra, India |
| Tantia Transformers and Electronics Pvt Ltd | ₹25.2 Lakh (FY 2025) | •••• | •••• | 237.0% | •••• | Bhilawara, Rajasthan, India |
| Pals India Private Limited | ₹25.19 Lakh (FY 2024) | •••• | •••• | 3259.0% | •••• | New Delhi, Delhi, India |
| Suyaan Transmission Private Limited | ₹25.02 Lakh (FY 2023) | •••• | •••• | -89.0% | •••• | Pune, Maharashtra, India |
| Priyaray Green Energy Private Limited | ₹24.99 Lakh (FY 2025) | •••• | •••• | •••• | Kovilpatti, Tamil Nadu, India | |
| Statlec India Electricals Private Limited this company | ₹24.77 Lakh (FY 2024) | •••• | •••• | 6433.0% | •••• | Jalgaon, Maharashtra, India |
| Sol Lighting Private Limited | ₹24.75 Lakh (FY 2018) | •••• | •••• | -40.0% | •••• | Delhi, India |
| Bells Organics Pvt Ltd | ₹24.61 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Kolkata, West Bengal, India |
| Ansr Technologies Private Limited | ₹24.59 Lakh (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Vmas Power Equipment Company Private Limited | ₹24.5 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Lemis Electronics India Private Limited | ₹24.39 Lakh (FY 2018) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Statlec India Electricals by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Statlec India Electricals Private Limited
Statlec India Electricals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Suresh Bhole | Director | 15 Dec 2020 | 5 Years 9 Months | Current |
| Alka Suresh Bhole | Director | 15 Dec 2020 | 5 Years 9 Months | Current |
Ownership and Shareholding of Statlec India Electricals 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 Statlec India Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2022 | Sidbi | ₹4.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Statlec India Electricals Private Limited
Statlec India Electricals Private Limited has a workforce of 0 employees as of Apr 10, 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 Statlec India Electricals Private Limited
Statlec India Electricals Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Alka Suresh Bhole was appointed as Director on 15 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Statlec India Electricals 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 Statlec India Electricals 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 Statlec India Electricals 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 Statlec India Electricals Private Limited
Statlec India Electricals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABFCS0998A1ZA | Maharashtra | Active | 20 Apr 2021 |
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 Statlec India Electricals 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 Statlec India Electricals Private Limited
Statlec India Electricals is an active private limited company based in Jalgaon, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 15 December 2020 (6+ years old) and is registered under CIN U31909MH2020PTC351896.
Statlec India Electricals reported revenue of ₹24.77 Lakh for FY 2024 (up 6433% YoY).
Statlec India Electricals has 2 current directors:
- Kunal Suresh Bhole - Director
- Alka Suresh Bhole - Director
Statlec India Electricals reported a net profit of ₹86,131 (net margin 3.5%) and EBITDA of ₹1.21 Lakh (EBITDA margin 4.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Statlec India Electricals is 593% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Statlec India Electricals is 27ABFCS0998A1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Statlec India Electricals is U31909MH2020PTC351896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Statlec India Electricals was incorporated on 15 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Statlec India Electricals by revenue are Ellume Technology Private Limited, Tantia Transformers and Electronics Pvt Ltd, Pals India Private Limited, Suyaan Transmission Private Limited, Priyaray Green Energy Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Alka Suresh Bhole was appointed as Director on 15 Dec 2020. Kunal Suresh Bhole was appointed as Director on 15 Dec 2020.
Yes, Statlec India Electricals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).