About Advance Power Cable Technologies Private Limited
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Advance Power Cable Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 05 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PTC017549. Its GSTIN is 29AAACH2976B1ZO (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10.01 Lakh. It was formerly known as Horse Power Racing International Private Limited. It is led by directors Soham Jain and Anushka Jain.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.14 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹87 Lakh (net margin 76.1%) and EBITDA of ₹1.11 Cr (EBITDA margin 97.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advancecable.in.
Company details
CIN history
Advance Power Cable Technologies has one previous CIN (Corporate Identification Number): U09214KA1995PTC017549. The current CIN is U85110KA1995PTC017549, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PTC017549 | Current |
| U09214KA1995PTC017549 | Previous |
Contact details
Advance Power Cable Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is advancecable.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.116 Second Floor 3rd Main 1st Block Dollars Colony Rmv, 2nd Stage, Bangalore, Karnataka, India – 560094
- IndustryManufacturing, Cable & Wire
To see the full contact details of Advance Power Cable Technologies Private Limited, buy the company report.
- 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
Financials of Advance Power Cable Technologies Private Limited
FY 2024 filings availableAdvance Power Cable Technologies Private Limited reported revenue of ₹1.14 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 12% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.11 Cr | ||||
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| Net Profit (PAT) | ₹87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.5% | ||||
| Net Profit Margin | 76.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Advance Power Cable Technologies Private Limited, buy the company report.
Board of directors of Advance Power Cable Technologies Private Limited
Advance Power Cable Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Soham Jain Also directs: Reliance Instrumentation Private Limited, Sanchar Engineers Private Limited, Mummy Foods Private Limited and 1 more | Director | 07 Jan 2022 | 4 Years 10 Months | Current |
| Anushka Jain Also directs: Reliance Instrumentation Private Limited, Sanchar Engineers Private Limited, Advance Cable Technologies Limited and 1 more | Director | 20 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Advance Power Cable Technologies Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Binda Metals Pvt. Ltd. | ₹1.18 Cr (FY 2023) | -28.0% | Jaipur, Rajasthan, India | |||
| Eco Wires Private Limited | ₹1.15 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Western Cabtech Private Limited | ₹1.15 Cr (FY 2025) | 36.0% | Rajkot, Gujarat, India | |||
| Pani Cables Private Limited | ₹1.14 Cr (FY 2025) | 176.0% | Ahmedabad, Gujarat, India | |||
| Advance Power Cable Technologies Private Limitedthis company | ₹1.14 Cr (FY 2024) | ₹87 Lakh | 76.1% | -13.0% | Bangalore, Karnataka, India | |
| Om Shakti Ispat Industries Limited | ₹1.12 Cr (FY 2025) | -23.0% | Bihar, India |
To see the full peer comparison of Advance Power Cable Technologies Private Limited, buy the company report.
Auditor
Advance Power Cable Technologies Private Limited is audited by AJS & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJS & ASSOCIATES | FY 2022 | 004027S |
Shareholding
The shareholding of Advance Power Cable Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advance Power Cable Technologies Private Limited, buy the company report.
Legal cases
Advance Power Cable Technologies Private Limited has 2 court cases on record: 2 filed by Advance Power Cable Technologies. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (R.A.) | Filed by the company against The Karnataka Power Transmission Corporation Limited and 2 others | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Kptcl | Disposed |
To see the full case history of Advance Power Cable Technologies Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advance Power Cable Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Power Cable Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACH2976B1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advance Power Cable Technologies Private Limited, buy the company report.
Recent activity
Advance Power Cable Technologies Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Anubha Jain ceased to be Director on 20 Dec 2024.
Frequently asked questions
Advance Power Cable Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 05 April 1995 (31+ years old) and is registered under CIN U85110KA1995PTC017549.
Advance Power Cable Technologies has 2 current directors:
- Soham Jain - Director
- Anushka Jain - Director
The latest financial statements of Advance Power Cable Technologies 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 Advance Power Cable Technologies is 29AAACH2976B1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Advance Power Cable Technologies is U85110KA1995PTC017549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Power Cable Technologies has 2 court cases on record: 2 filed by the company. 1 is pending.
Advance Power Cable Technologies was incorporated on 05 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Advance Power Cable Technologies by revenue are Binda Metals Pvt. Ltd, Eco Wires Private Limited, Western Cabtech Private Limited, Pani Cables Private Limited, Om Shakti Ispat Industries Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).
Anubha Jain ceased to be Director on 20 Dec 2024. Anushka Jain was appointed as Director on 20 Dec 2024. Shashank Kumar Jain ceased to be Director on 20 Dec 2024. Advance Power Cable Technologies has 5 board changes on record in total.
Advance Power Cable Technologies can be reached through the website advancecable.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Advance Power Cable Technologies is at No.116 Second Floor 3rd Main 1st Block Dollars Colony Rmv, 2nd Stage, Bangalore, Karnataka, India – 560094.
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