Tunwal E-Vehicle India Private Limited

Tunwal E-Vehicle India Private Limited - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U34209PN2016PTC229376 Incorporated 03 May 2016 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2025
₹23.74 Cr
▲ 13% YoY
Net profit · FY 2025
₹1.9 Cr
Net margin 8%
EBITDA · FY 2025
₹3.03 Cr
EBITDA margin 12.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.99 Cr
Issued & subscribed
Open charges
₹5.5 Cr
Satisfied ₹5.4 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
1
Provident fund records

About Tunwal E-Vehicle India Private Limited

Data last updated:

Tunwal E-Vehicle India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 03 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34209PN2016PTC229376. Its GSTIN is 27AAFCT7338A1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.99 Cr. It is led by directors Amitkumar Pannaram Mali and Jhumarmal Pannaram Tunwal.

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 Pune, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹23.74 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Cr (net margin 8%) and EBITDA of ₹3.03 Cr (EBITDA margin 12.8%).

The company has about 1 employee on its provident fund (EPFO) records.

The company is associated with 1 brand: Tunwal. As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹5.4 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 5 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.98 Cr; the latest was in September 2022. Its 6 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 3 larger and 3 smaller; the largest is Eco Evols Private Limited with revenue of ₹24.36 Cr.

Tunwal E-Vehicle India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0047097). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tunwal.com.

Company details

CIN U34209PN2016PTC229376
Registration Number 229376
Incorporation Date 03 May 2016
ROC Pune
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 Small
Udyam Registration UDYAM-MH-26-0047097

CIN history

Tunwal E-Vehicle India has one previous CIN (Corporate Identification Number): U34209GJ2016PTC091806. The current CIN is U34209PN2016PTC229376, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U34209PN2016PTC229376Current
U34209GJ2016PTC091806Previous

Recognitions & Rankings of Tunwal E-Vehicle India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0047097

Contact details

Tunwal E-Vehicle India Private Limited's registered office is in Pune, Maharashtra. Its website is tunwal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Office No 502 Rama Icon Sr No 24/2, Cts No 2164 Near Apollo Spectra Hospital, Pune, Maharashtra, India – 411030
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Tunwal E-Vehicle India Private Limited, buy the company report.

Comprehensive company report
Tunwal E-Vehicle 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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Secure checkout · GST invoice included

Brands

Tunwal E-Vehicle India operates one associated brand: Tunwal. Each brand links to its own profile.

BrandDescriptionWebsite
Electric two-wheelers are manufactured by Tunwal in India.tunwal.com

Business activity

The main business activity of Tunwal E-Vehicle India is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC11Motor vehicles, trailers, semi trailers and other Transport Vehicles

To see the full business activity and turnover split of Tunwal E-Vehicle India Private Limited, buy the company report.

Financials of Tunwal E-Vehicle India Private Limited

FY 2025 filings available

Tunwal E-Vehicle India Private Limited reported revenue of ₹23.74 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹23.74 Cr ▲ 13%
Net profit · FY 2025
₹1.9 Cr margin 8%
EBITDA · FY 2025
₹3.03 Cr margin 12.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
EBITDA CAGR growth
1 year
▲ 68%

Revenue rose 13% in the latest year. EBITDA rose 68% in the latest 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₹3.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.9 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.8%
Net Profit Margin8%
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 Tunwal E-Vehicle India Private Limited, buy the company report.

Board of directors of Tunwal E-Vehicle India Private Limited

Tunwal E-Vehicle India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amitkumar Pannaram MaliDirector19 Dec 20169 Years 10 MonthsCurrent
Jhumarmal Pannaram TunwalDirector03 May 201610 Years 5 MonthsCurrent

Peer comparison

Tunwal E-Vehicle India Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Eco Evols Private Limited₹24.36 Cr (FY 2023)Lucknow, Uttar Pradesh, India
Cosbike Private Limited₹23.93 Cr (FY 2024)-11.0%Kalka, Haryana, India
Okinawa Scooters & Motorcycles India Private Limited₹23.84 Cr (FY 2025)-78.0%Gurgaon, Haryana, India
Tunwal E-Vehicle India Private Limitedthis company₹23.74 Cr (FY 2025)₹1.9 Cr8%13.0%1Pune, Maharashtra, India
JS Mobileon Private Limited₹23.4 Cr (FY 2025)3.0%Delhi, India
Altigreen Propulsion Labs Private Limited₹23.19 Cr (FY 2025)-81.0%Malur, Karnataka, India
Dial E- Vahan Private Limited₹22.97 Cr (FY 2025)128.0%Hisar, Haryana, India

To see the full peer comparison of Tunwal E-Vehicle India Private Limited, buy the company report.

Auditor

Tunwal E-Vehicle India Private Limited is audited by BRIJESH S CHANDAK & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BRIJESH S CHANDAK & COFY 2023125296W

Shareholding

The shareholding of Tunwal E-Vehicle India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tunwal E-Vehicle India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.5 Cr
Satisfied charges
₹5.4 Cr
Breakdown by lending institutions
Bank of India₹5.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Apr 2025101086302Bank of India₹50 LakhOpen
27 Sep 2023100825252Bank of India₹5 CrOpen
10 Aug 2018100197244Hdfc Bank Limited₹5.4 CrSatisfied

To see the full charge records of Tunwal E-Vehicle India Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Tunwal E-Vehicle India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.98 Cr; the latest was in September 2022.

Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹4.98 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jul 2018Funding round₹4.49 CrInvestors: 4 individuals
Mar 2018Funding round₹40 LakhInvestors: 4 individuals
Feb 2017Funding round₹9 LakhInvestors: 3 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 Tunwal E-Vehicle India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Tunwal E-Vehicle India Private Limited has a workforce of 1 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-80%

GST

Tunwal E-Vehicle India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAFCT7338A1ZFMaharashtraActive16 Aug 2018

To see the full GST registrations and return filing status of Tunwal E-Vehicle India Private Limited, buy the company report.

Recent activity

Tunwal E-Vehicle India Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Sangita Jhumarmal Tunwal ceased to be Director on 16 Apr 2022.

AGM
Tunwal E-Vehicle India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 0.50 Cr with Charge ID 101086302 was registered on 19 Apr 2025.
Filing
Tunwal E-Vehicle India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 10 Aug 2018 via Charge ID 100197244 with Hdfc Bank Limited was fully satisfied on 23 Nov 2023.
Charges
A charge with Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100825252 was registered on 27 Sep 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 5.40 Cr registered on 10 Aug 2018 with Charge ID 100197244 was modified on 07 Dec 2022.
Ceased
Sangita Jhumarmal Tunwal ceased to be Director.
Ceased
Shriyal Madhaorao Thakre ceased to be Additional Director.
Ceased
Dinesh Bharatlal Agarwal ceased to be Additional Director.
Ceased
Jagdish Mulchandbhai Patel ceased to be Director.
Ceased
Pravin Ganeshbhai Chaudhari ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.40 Cr with Charge ID 100197244 was registered on 10 Aug 2018.

4 earlier events are in the company report.

Frequently asked questions

Tunwal E-Vehicle India is an active private limited company based in Pune, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 03 May 2016 (10+ years old) and is registered under CIN U34209PN2016PTC229376.

Tunwal E-Vehicle India has 2 current directors:

The latest financial statements of Tunwal E-Vehicle India 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 Tunwal E-Vehicle India is 27AAFCT7338A1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Tunwal E-Vehicle India is U34209PN2016PTC229376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tunwal E-Vehicle India has 8 court cases on record: 2 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.

Tunwal E-Vehicle India was incorporated on 03 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.

Tunwal E-Vehicle India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.98 Cr; the latest was in September 2022.

The peers of Tunwal E-Vehicle India by revenue are Eco Evols Private Limited, Cosbike Private Limited, Okinawa Scooters & Motorcycles India Private Limited, JS Mobileon Private Limited, Altigreen Propulsion Labs Private Limited and 1 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).

Sangita Jhumarmal Tunwal ceased to be Director on 16 Apr 2022. Shriyal Madhaorao Thakre ceased to be Additional Director on 30 Nov 2021. Dinesh Bharatlal Agarwal ceased to be Additional Director on 26 May 2021. Tunwal E-Vehicle India has 8 board changes on record in total.

Yes, Tunwal E-Vehicle India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0047097).