Ethen Power Solutionns Private Limited

Ethen Power Solutionns Private Limited - automotive in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U50500TZ1996PTC007328 Incorporated 05 July 1996 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company automotive MSME · Medium
Data last updated
Revenue · FY 2024
₹153.05 Cr
▲ 19% YoY
Net loss · FY 2024
₹4.19 Cr
Net margin -2.7%
EBITDA · FY 2024
-₹2.51 Cr
EBITDA margin -1.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹35.66 Cr
Satisfied ₹2.03 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
481
Provident fund records

About Ethen Power Solutionns Private Limited

Data last updated:

Ethen Power Solutionns Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 05 July 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U50500TZ1996PTC007328. Its GSTIN is 29AABCM9631K1Z1 (Karnataka). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Chintamani Narasinha Deshmukh (Managing Director) and Aashirwad Deshmukkh.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 101 Shastri Nagar Aerodrome Post, Coimbatore, Tamil Nadu, India – 641014.

As per the financials filed for FY 2024, the company reported a revenue of ₹153.05 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹4.19 Cr (net margin -2.7%) and EBITDA of -₹2.51 Cr (EBITDA margin -1.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.

The company has about 481 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹35.66 Cr and satisfied charges of ₹2.03 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.

Ethen Power Solutionns Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0001092). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maniranjan.com.

Company details

CIN U50500TZ1996PTC007328
Registration Number 007328
Incorporation Date 05 July 1996
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0001092
Key People
Chintamani Narasinha Deshmukh Managing Director Aashirwad Deshmukkh Director

Recognitions & Rankings of Ethen Power Solutionns

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-03-0001092

Contact details

Ethen Power Solutionns Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is maniranjan.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    maniranjan.com
  • Registered Address
    101 Shastri Nagar Aerodrome Post, Coimbatore, Tamil Nadu, India – 641014
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Ethen Power Solutionns Private Limited, buy the company report.

Comprehensive company report
Ethen Power Solutionns 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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Business activity

The main business activities of Ethen Power Solutionns are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Ethen Power Solutionns Private Limited, buy the company report.

Financials of Ethen Power Solutionns Private Limited

FY 2024 filings available

Ethen Power Solutionns Private Limited reported revenue of ₹153.05 Cr (up 19% YoY) for FY 2024.

Revenue · FY 2024
₹153.05 Cr ▲ 19%
Net loss · FY 2024
₹4.19 Cr margin -2.7%
EBITDA · FY 2024
-₹2.51 Cr margin -1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 20%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 167%
3 years · compounded
▼ 41%
5 years · compounded
▼ 24%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 19% growth in the latest year. EBITDA fell 167% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹2.51 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.19 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-1.6%
Net Profit Margin-2.7%
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

To see the full financial statements and ratios of Ethen Power Solutionns Private Limited, buy the company report.

Board of directors of Ethen Power Solutionns Private Limited

Ethen Power Solutionns has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aashirwad Deshmukkh
Also directs: Akananais Quickcommerce Private Limited, Ethen Devvelopers Private Limited
Director03 Apr 201511 Years 6 MonthsCurrent
Chintamani Narasinha DeshmukhManaging Director05 Jul 199630 Years 3 MonthsCurrent
View all directors

Shareholding

The shareholding of Ethen Power Solutionns 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 Ethen Power Solutionns Private Limited, buy the company report.

Charges & borrowings

Open charges
₹35.66 Cr
Satisfied charges
₹2.03 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹22.50 Cr
State Bank of India₹13.07 Cr
Indian Overseas Bank₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jan 2025101051968Hdfc Bank Limited₹22.5 CrOpen
31 Mar 2022100565828Indian Overseas Bank₹9 LakhOpen
16 Apr 201010221852State Bank of India₹13.07 CrOpen
29 Nov 2017100155526Indian Overseas Bank₹35 LakhSatisfied
28 Jan 200490004264Indian Overseas Bank₹1.5 CrSatisfied

To see the full charge records of Ethen Power Solutionns Private Limited, buy the company report.

Total charge records: 8 View all charges

Credit ratings & regulatory alerts

Ethen Power Solutionns Private Limited was last rated by Brickwork on 27 Jul 2020.

Rating agencyRated onRating
Brickwork27 Jul 2020

To see the full credit ratings and regulatory alerts of Ethen Power Solutionns Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ethen Power Solutionns Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ethen Power Solutionns Private Limited has a workforce of 481 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.

Employee count
481
Active EPFO establishments
2
Employee growth
10.57%

GST

Ethen Power Solutionns has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AABCM9631K1Z1KarnatakaActive01 Jul 2017
33AABCM9631K1ZCTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Ethen Power Solutionns Private Limited, buy the company report.

Recent activity

Ethen Power Solutionns Private Limited has 7 board changes on record since 1996: 2 appointments and 5 cessations. The latest: Chintamani Narasinha Deshmukh ceased to be Whole-Time Director on 13 Feb 2023.

Charges
A charge with State Bank Of India of Rs. 13.07 Cr registered on 16 Apr 2010 with Charge ID 10221852 was modified on 20 May 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 22.50 Cr registered on 18 Jan 2025 with Charge ID 101051968 was modified on 09 Apr 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.50 Cr with Charge ID 101051968 was registered on 18 Jan 2025.
AGM
Ethen Power Solutionns Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ethen Power Solutionns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Chintamani Narasinha Deshmukh ceased to be Whole-Time Director.
Charges
A charge registered on 29 Nov 2017 via Charge ID 100155526 with Indian Overseas Bank was fully satisfied on 18 Apr 2022.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.09 Cr with Charge ID 100565828 was registered on 31 Mar 2022.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.35 Cr with Charge ID 100155526 was registered on 29 Nov 2017.
Ceased
Nisha Niranjan Thakur ceased to be Director.
Ceased
Aashirwad Deshmukkh ceased to be Additional Director.
Ceased
Atul Niranjan Thakur ceased to be Additional Director.

15 earlier events are in the company report.

Frequently asked questions

Ethen Power Solutionns is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 05 July 1996 (30+ years old) and is registered under CIN U50500TZ1996PTC007328.

Ethen Power Solutionns has 2 current directors:

The latest financial statements of Ethen Power Solutionns on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Ethen Power Solutionns is 29AABCM9631K1Z1, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCM9631K1ZC (Tamil Nadu).

The CIN (Corporate Identification Number) of Ethen Power Solutionns is U50500TZ1996PTC007328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ethen Power Solutionns has 3 court cases on record: 3 filed by the company. 1 is pending.

Ethen Power Solutionns was incorporated on 05 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Coimbatore.

Chintamani Narasinha Deshmukh ceased to be Whole-Time Director on 13 Feb 2023. Nisha Niranjan Thakur ceased to be Director on 30 Apr 2016. Aashirwad Deshmukkh ceased to be Additional Director on 30 Sep 2015. Ethen Power Solutionns has 7 board changes on record in total.

Yes, Ethen Power Solutionns is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0001092).

Ethen Power Solutionns can be reached through the website maniranjan.com. Its registered office is in Coimbatore, Tamil Nadu, India.