Busbar Systems (India) Limited

Busbar Systems (India) Limited - energy and power in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U31200KA2009PLC049167 Incorporated 18 February 2009 ROC Bangalore HQ Bangalore, Karnataka, India
Merged Public Limited Company energy and power
Data last updated
Revenue · FY 2016
₹27.44 Cr
▲ 266% YoY
Net profit · FY 2016
₹3.85 Cr
Net margin 14%
EBITDA · FY 2016
₹6.55 Cr
EBITDA margin 23.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
72
Provident fund records
Directors on board
3
As per MCA filings

About Busbar Systems (India) Limited

Data last updated:

Busbar Systems (India) Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Godrej And Boyce Manufacturing Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 18 February 2009.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U31200KA2009PLC049167. Its GSTIN is 29AADCB6962A2ZQ (Karnataka). The company held 2 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Busbar Systems (India) Private Limited. It was led by directors including Purvez Kersi Gandhi and Percy Eruch Fouzdar.

Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No 4N. Dabospet Industrial Estate Bangalore(Rural), Karnataka, India – 562111.

As per the financials filed for FY 2016, the company reported a revenue of ₹27.44 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.85 Cr (net margin 14%) and EBITDA of ₹6.55 Cr (EBITDA margin 23.9%).

The company had about 72 employees on its provident fund (EPFO) records before it was dissolved.

Court records list 1 case involving the company, including 1 filed against it.

The last known website on record is busbarducts.com.

Company details

CIN U31200KA2009PLC049167
Registration Number 049167
Incorporation Date 18 February 2009
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 26 September 2016
Date of Balance Sheet 31 March 2016
Parent Company Godrej And Boyce Manufacturing Company Limited

CIN history

Busbar Systems (India) has one previous CIN (Corporate Identification Number): U31200KA2009PTC049167. The current CIN is U31200KA2009PLC049167, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31200KA2009PLC049167Current
U31200KA2009PTC049167Previous

Contact details

Busbar Systems (India) Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Registered Address
    No 4N. Dabospet Industrial Estate Bangalore(Rural), Karnataka, India – 562111
  • Industry
    Energy and Power, Power Equipment Manufacturers
Comprehensive company report
Busbar Systems (India) Limited - one report that includes everything
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Business activity

The main business activity of Busbar Systems (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Busbar Systems (India) Limited, buy the company report.

Financials of Busbar Systems (India) Limited

FY 2016 filings available

Busbar Systems (India) Limited reported revenue of ₹27.44 Cr (up 266% YoY) for FY 2016.

Revenue · FY 2016
₹27.44 Cr ▲ 266%
Net profit · FY 2016
₹3.85 Cr margin 14%
EBITDA · FY 2016
₹6.55 Cr margin 23.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 266%

Revenue rose 266% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
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₹6.55 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.85 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 2015-16FY 2014-15
Profitability
EBITDA Margin23.9%
Net Profit Margin14%
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 Busbar Systems (India) Limited, buy the company report.

Board of directors of Busbar Systems (India) Limited

Busbar Systems (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Purvez Kersi GandhiDirector29 Mar 201412 Years 6 MonthsAs last reported
Percy Eruch FouzdarDirector31 Jan 201313 Years 8 MonthsAs last reported
George Martin MenezesDirector27 Oct 201510 Years 11 MonthsAs last reported

Peer comparison

Busbar Systems (India) Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Trinitron Control Systems Private Limited₹27.58 Cr (FY 2025)90.0%New Delhi, Delhi, India
A-Bond Strands Private Limited₹27.57 Cr (FY 2025)51.0%Chengalpattu, Tamil Nadu, India
Sukrut Electric Company Private Limited₹27.46 Cr (FY 2025)7.0%Pune, Maharashtra, India
Busbar Systems (India) Limitedthis company₹27.44 Cr (FY 2016)₹3.85 Cr14%266.0%Bangalore, Karnataka, India
Genset India Pvt Ltd₹27.3 Cr (FY 2025)11.0%Kolkata, West Bengal, India
Miracle Electronic Devices Private Limited₹27.28 Cr (FY 2024)-26.0%Bangalore, Karnataka, India
Kiran Power Rectification Services Private Limited₹27.23 Cr (FY 2025)0.0%Anekal, Karnataka, India

To see the full peer comparison of Busbar Systems (India) Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Busbar Systems (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Busbar Systems (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AADCB6962A2ZQKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Busbar Systems (India) Limited, buy the company report.

Recent activity

Busbar Systems (India) Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: George Martin Menezes ceased to be Additional Director on 26 Sep 2016.

AGM
Busbar Systems (India) Limited last Annual general meeting of members was held on 26 Sep 2016 as per latest MCA records.
Ceased
George Martin Menezes ceased to be Additional Director.
Filing
Busbar Systems (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.
Appointed
George Martin Menezes was appointed as Director.
Ceased
Homi Nariman Daruwalla ceased to be Director.
Ceased
Purvez Kersi Gandhi ceased to be Additional Director.
Ceased
Keki Manchersha Elavia ceased to be Director.
Appointed
Purvez Kersi Gandhi was appointed as Director.
Ceased
Percy Eruch Fouzdar ceased to be Additional Director.
Ceased
Kamala Balachandran ceased to be Director.
Ceased
Vinayakam Balachandran ceased to be Managing Director.
Appointed
Percy Eruch Fouzdar was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Busbar Systems (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Busbar Systems (India) was a public limited company based in Bangalore, Karnataka, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 18 February 2009 and is registered under CIN U31200KA2009PLC049167. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Busbar Systems (India) was incorporated on 18 February 2009. It is registered with the Registrar of Companies, Bangalore.

Busbar Systems (India) had 3 directors:

The CIN (Corporate Identification Number) of Busbar Systems (India) is U31200KA2009PLC049167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Busbar Systems (India) is at No 4N. Dabospet Industrial Estate BangaloreRural, Karnataka, India – 562111.

Busbar Systems (India) can be reached through the website busbarducts.com. Its registered office is in Bangalore, Karnataka, India.

The latest financial statements of Busbar Systems (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.

The GSTIN of Busbar Systems (India) is 29AADCB6962A2ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

Busbar Systems (India) operated in the energy and power industry, in the power equipment manufacturers segment.

The peers of Busbar Systems (India) by revenue are Trinitron Control Systems Private Limited, A-Bond Strands Private Limited, Sukrut Electric Company Private Limited, Genset India Pvt Ltd, Miracle Electronic Devices Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).