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Trishulavel Eshan Private Limited - environment in Chintamani, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.97 Cr
▲ 244% YoY
Net profit · FY 2025
₹67.65 Lakh
Net margin 9.7%
EBITDA · FY 2025
₹86.53 Lakh
EBITDA margin 12.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹23.25 Lakh
Issued & subscribed
Open charges
₹1.17 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Trishulavel Eshan Private Limited
Data last updated:
Trishulavel Eshan Private Limited is a private limited company based in Chintamani, Karnataka, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 15 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2020PTC138628. Its GSTIN is 29AAICT0994P1ZD (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.25 Lakh. It is led by directors Santosh Kumar Jayavel and Palani Jayavel Swamy.
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 Chintamani, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹67.65 Lakh (net margin 9.7%) and EBITDA of ₹86.53 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 345% over three years.
The company is associated with 1 brand: Li-Circle. As per MCA filings, the company has open charges of ₹1.17 Cr on record. The company has 2 deals on record (1 funding round, 1 convertible or debt financing), with disclosed funding of ₹31.3 Lakh; the latest was in June 2022. Its 10 peer companies in the Cleantech industry (Recycling and Waste Treatment) are compared by revenue, 5 larger and 5 smaller; the largest is J.B.R. Environment Technologies (Baddi) Private Limited with revenue of ₹7.09 Cr.
Trishulavel Eshan Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060328). For more details, the company can be reached via its website li-circle.business.site.
Company Details of Trishulavel Eshan Private Limited
CIN U51909KA2020PTC138628
Registration Number 138628
Incorporation Date 15 September 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0060328
Recognitions & Rankings of Trishulavel Eshan
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0060328
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.112 Masthenahalli Industrial Area, 1st Phase KIADB, Chintamani, Karnataka, India – 563128
- IndustryEnvironment, Waste Management & Recycling Solutions
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Associated Brands with Trishulavel Eshan Private Limited
Trishulavel Eshan operates one associated brand: Li-Circle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lithium-ion batteries are recycled to recover and reuse critical materials. | licircle.com |
Business Activity of Trishulavel Eshan Private Limited
The main business activities of Trishulavel Eshan are trade and water supply, sewerage and waste management. In detail, this covers wholesale trading and waste collection, treatment and disposal activities, materials recovery and other waste management services. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Trishulavel Eshan Private Limited FY 2025 filings available
Trishulavel Eshan Private Limited reported revenue of ₹6.97 Cr (up 244% YoY) for FY 2025.
Revenue · FY 2025
₹6.97 Cr ▲ 244%
Net profit · FY 2025
₹67.65 Lakh margin 9.7%
EBITDA · FY 2025
₹86.53 Lakh margin 12.4%
Compounded Annual Growth Rate (CAGR) of Trishulavel Eshan Private Limited
Revenue CAGR growth
1 year
▲ 244%
3 years · compounded
▲ 345%
EBITDA CAGR growth
1 year
▲ 199%
3 years · compounded
▲ 535%
Revenue has grown at a compounded annual rate (CAGR) of 345% over three years, including 244% growth in the latest year. EBITDA rose 199% 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 Trishulavel Eshan Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹86.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹67.65 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 Trishulavel Eshan Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.7% | •••• | •••• | •••• | •••• |
| 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 Trishulavel Eshan are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Trishulavel Eshan Private Limited
Trishulavel Eshan has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Jayavel | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Palani Jayavel Swamy | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
Peer Comparison of Trishulavel Eshan Private Limited
Trishulavel Eshan Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| J.B.R. Environment Technologies (Baddi) Private Limited | ₹7.09 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Ludhiana, Punjab, India |
| Shree Metal Technologies Private Limited | ₹7.07 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Rohtak, Haryana, India |
| Zonta Bauer Private Limited | ₹7.07 Cr (FY 2019) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
| Nirvana Recycling Private Limited | ₹7.06 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Kohinoor E-Waste Recycling Private Limited | ₹7.05 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Raigad, Maharashtra, India |
| Trishulavel Eshan Private Limited this company | ₹6.97 Cr (FY 2025) | •••• | •••• | 244.0% | •••• | Chintamani, Karnataka, India |
| Riswana Polymers India Private Limited | ₹6.93 Cr (FY 2025) | •••• | •••• | 226.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Envinnovates Private Limited | ₹6.89 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Jajpur, Odisha, India |
| Zerotrash Innovations LLP | ₹6.82 Cr (FY 2023) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Esperanza Global Eco Solutions Private Limited | ₹6.8 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Chandigarh, India |
| Norman Enviro Projects Private Limited | ₹6.79 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Trishulavel Eshan by revenue in the Cleantech industry (Recycling and Waste Treatment), 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 Trishulavel Eshan Private Limited
Trishulavel Eshan Private Limited is audited by KUPENDRA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUPENDRA & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Trishulavel Eshan Private Limited
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Charges & Borrowings of Trishulavel Eshan Private Limited
Open charges
₹1.17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2025 | Others | ₹99.9 Lakh | Open |
| 09 Feb 2023 | Karnataka State Financial Corporation | ₹16.65 Lakh | Open |
Total charge records: 2 View all charges
Deals & Funding of Trishulavel Eshan Private Limited
Trishulavel Eshan Private Limited has 2 deals on record (1 funding round, 1 convertible or debt financing), with disclosed funding of ₹31.3 Lakh; the latest was in June 2022.
Total deals
2
Funding round
1
Convertible or debt financing
1
Disclosed funding
₹31.3 Lakh
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹21.3 Lakh | Investors: 2 individuals |
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Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Trishulavel Eshan Private Limited
Trishulavel Eshan Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Active EPFO establishments
1
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Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Trishulavel Eshan Private Limited
Trishulavel Eshan Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Palani Jayavel Swamy was appointed as Director on 15 Sep 2020.
AGM
Trishulavel Eshan Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 99.90 Lakh registered on 22 Jan 2025 with Charge ID 101042598 was modified on 25 Aug 2025.
Filing
Trishulavel Eshan Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 99.90 Lakh with Charge ID 101042598 was registered on 22 Jan 2025.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 16.65 Lakh with Charge ID 100678375 was registered on 09 Feb 2023.
Appointed
Palani Jayavel Swamy was appointed as Director.
Appointed
Santosh Kumar Jayavel was appointed as Director.
Incorporation
15 Sep 2020
Trishulavel Eshan Private Limited was registered on 15 Sep 2020 with Roc Bangalore & aged 6 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Trishulavel Eshan Private Limited
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MSME Payment Delays by Trishulavel Eshan Private Limited
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Subsidiaries & Group Companies of Trishulavel Eshan Private Limited
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GST Compliance of Trishulavel Eshan Private Limited
Trishulavel Eshan has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICT0994P1ZD | Karnataka | Active | 21 Aug 2021 |
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MCA Filings & Documents of Trishulavel Eshan Private Limited
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Frequently Asked Questions about Trishulavel Eshan Private Limited
Trishulavel Eshan is an active private limited company based in Chintamani, Karnataka, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 15 September 2020 (6+ years old) and is registered under CIN U51909KA2020PTC138628.
Trishulavel Eshan reported revenue of ₹6.97 Cr for FY 2025 (up 244% YoY).
Trishulavel Eshan has 2 current directors:
- Santosh Kumar Jayavel - Director
- Palani Jayavel Swamy - Director
Trishulavel Eshan reported a net profit of ₹67.65 Lakh (net margin 9.7%) and EBITDA of ₹86.53 Lakh (EBITDA margin 12.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trishulavel Eshan is 345% over three years. In the latest year (FY 2025) revenue rose 244%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trishulavel Eshan is 29AAICT0994P1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Trishulavel Eshan is U51909KA2020PTC138628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trishulavel Eshan was incorporated on 15 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Trishulavel Eshan has 2 deals on record (1 funding round, 1 convertible or debt financing), with disclosed funding of ₹31.3 Lakh; the latest was in June 2022.
The peers of Trishulavel Eshan by revenue are J.B.R. Environment Technologies (Baddi) Private Limited, Shree Metal Technologies Private Limited, Zonta Bauer Private Limited, Nirvana Recycling Private Limited, Kohinoor E-Waste Recycling Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Palani Jayavel Swamy was appointed as Director on 15 Sep 2020. Santosh Kumar Jayavel was appointed as Director on 15 Sep 2020.