About Zero Enthalpy Labs Private Limited
Data last updated:
Zero Enthalpy Labs Private Limited is a private limited company based in Panchkula, Haryana, India, recognised as a startup by DPIIT. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 20 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36101HR2013PTC048397. Its GSTIN is 06AAACZ6526B1ZK (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nikhil Rajpal and Simar Deep Singh Mann.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Premises No. 49 Haripur Village Sector – 4, Panchkula, Haryana, India – 134109.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.21 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.66 Lakh (net margin 1.2%) and EBITDA of ₹36.88 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 20% over five years.
The company is associated with 1 brand: Zevic. As per MCA filings, the company has open charges of ₹2.55 Cr and satisfied charges of ₹13.1 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2018. Its 10 peer companies in the Agriculture industry (Sugar) are compared by revenue, 5 larger and 5 smaller; the largest is Joe Sugar Private Limited with revenue of ₹6.79 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zevic.in.
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- Registered AddressPremises No. 49 Haripur Village Sector – 4, Panchkula, Haryana, India – 134109
- IndustryFood and Beverages, Bakery & Confectionery Products
- 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 Zero Enthalpy Labs Private Limited
The main business activity of Zero Enthalpy Labs is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | 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 Zero Enthalpy Labs Private Limited FY 2023 filings available
Zero Enthalpy Labs Private Limited reported revenue of ₹6.21 Cr (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Zero Enthalpy Labs Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 17% 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 Zero Enthalpy Labs Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹36.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.66 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 Zero Enthalpy Labs Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Zero Enthalpy Labs are in the company report.
Financial statements from 2015
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 Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Sugar). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Joe Sugar Private Limited | ₹6.79 Cr (FY 2024) | •••• | •••• | 2420.0% | •••• | Vasundhara, Uttar Pradesh, India |
| Inventive Sugar and Allied Engineers Private Limited | ₹6.78 Cr (FY 2025) | •••• | •••• | -80.0% | •••• | Delhi, India |
| Pyramid Commodities Private Limited | ₹6.56 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Delhi, India |
| Piccadily Sugar and Allied Industries Limited Listed | ₹6.36 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Punjab, India |
| West Bengal Sugar Industries Development Corpn Limited | ₹6.24 Cr (FY 2025) | •••• | •••• | 3440.0% | •••• | Kolkata, West Bengal, India |
| Zero Enthalpy Labs Private Limited this company | ₹6.21 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | Panchkula, Haryana, India |
| Cafe Brown Sugar Private Limited | ₹6.21 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Shri Shivsagar Sugar and Agro Products Limited | ₹5.93 Cr (FY 2024) | •••• | •••• | 1214.0% | •••• | Miraj, Maharashtra, India |
| Shivshakti Drugs Private Limited | ₹5.92 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Patancheru, Telangana, India |
| Micros Sugar Engineering Solutions Private Limited | ₹5.32 Cr (FY 2021) | •••• | •••• | 490.0% | •••• | Delhi, India |
| Sugar N Spice Restaurants Private Limited | ₹4.93 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Zero Enthalpy Labs by revenue in the Agriculture industry (Sugar), 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 Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs Private Limited is audited by M L GOYAL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M L GOYAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Rajpal | Director | 20 Nov 2015 | 10 Years 10 Months | Current |
| Simar Deep Singh Mann | Director | 20 Nov 2015 | 10 Years 10 Months | Current |
| Sandeep Panwar | Director | 20 Feb 2013 | 13 Years 7 Months | Current |
| Singla Gaurav Also directs: Majestic Ocean Private Limited, Majestic Space Private Limited, Majestic Galaxy Private Limited and 5 more | Director | 20 Feb 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Zero Enthalpy Labs 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 Zero Enthalpy Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2013 | Indian Overseas Bank | ₹2.55 Cr | Open |
| 11 Oct 2017 | Indian Overseas Bank | ₹5 Lakh | Satisfied |
| 05 May 2015 | Indian Overseas Bank | ₹8.1 Lakh | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Rights issue | ₹17.1 Lakh | Investors: 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Balaji Enterprises, 3 individuals Seller: 3 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs Private Limited has a workforce of 0 employees as of Apr 01, 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 Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Som Singla Dutt ceased to be Director on 20 Mar 2019.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zero Enthalpy Labs 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 Zero Enthalpy Labs 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 Zero Enthalpy Labs 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 Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACZ6526B1ZK | Haryana | Active | 01 Jul 2017 |
| 29AAACZ6526B1ZC | Karnataka | Active | 24 Aug 2018 |
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 Zero Enthalpy Labs 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 Zero Enthalpy Labs Private Limited
Zero Enthalpy Labs is an active private limited company based in Panchkula, Haryana, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 20 February 2013 (13+ years old) and is registered under CIN U36101HR2013PTC048397.
Zero Enthalpy Labs reported revenue of ₹6.21 Cr for FY 2023 (down 6% YoY).
Zero Enthalpy Labs has 4 current directors:
- Nikhil Rajpal - Director
- Simar Deep Singh Mann - Director
- Sandeep Panwar - Director
- Singla Gaurav - Director
Zero Enthalpy Labs reported a net profit of ₹7.66 Lakh (net margin 1.2%) and EBITDA of ₹36.88 Lakh (EBITDA margin 5.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zero Enthalpy Labs is 6% over three years and 20% over five years. In the latest year (FY 2023) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zero Enthalpy Labs is 06AAACZ6526B1ZK, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACZ6526B1ZC (Karnataka).
The CIN (Corporate Identification Number) of Zero Enthalpy Labs is U36101HR2013PTC048397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zero Enthalpy Labs has 3 court cases on record: 3 filed against it.
Zero Enthalpy Labs was incorporated on 20 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Zero Enthalpy Labs has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2018.
The peers of Zero Enthalpy Labs by revenue are Joe Sugar Private Limited, Inventive Sugar and Allied Engineers Private Limited, Pyramid Commodities Private Limited, Piccadily Sugar and Allied Industries Limited, West Bengal Sugar Industries Development Corpn Limited and 5 more, all in the Agriculture industry (Sugar).