MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-02-0002591
Electricfor Heating Systems India Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.79 Cr
▲ 90% YoY
Net profit · FY 2025
₹81.11 Lakh
Net margin 11.9%
EBITDA · FY 2025
₹1.13 Cr
EBITDA margin 16.6%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹84.43 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Electricfor Heating Systems India Private Limited
Data last updated:
Electricfor Heating Systems India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Electricfor Sociedad Anonima. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2012FTC066031. Its GSTIN is 29AADCE2382B1ZW (Karnataka).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹84.43 Lakh. It is led by directors including Jose Maria Queralto Terradas and Mani Munirathnam.
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 Shed No: 1 2 &3 Servo No 127/1 Anukondanahalli Hobli Muthukuru Village Hoskote Taluk, Bangalore, Karnataka, India – 560067.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.79 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹81.11 Lakh (net margin 11.9%) and EBITDA of ₹1.13 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 32% over five years.
Electricfor Heating Systems India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0002591). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website electricfor.com.
Company Details of Electricfor Heating Systems India Private Limited
CIN U29253KA2012FTC066031
Registration Number 066031
Incorporation Date 26 September 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Electricfor Sociedad Anonima
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0002591
Key People
Jose Maria Queralto Terradas Director Mani Munirathnam Director Eva Maria Forgas Hernandez Director Recognitions & Rankings of Electricfor Heating Systems India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShed No: 1 2 &3 Servo No 127/1 Anukondanahalli Hobli Muthukuru Village Hoskote Taluk, Bangalore, Karnataka, India – 560067
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
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Business Activity of Electricfor Heating Systems India Private Limited
The main business activity of Electricfor Heating Systems India is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Electricfor Heating Systems India Private Limited FY 2024 filings available
Electricfor Heating Systems India Private Limited reported revenue of ₹6.79 Cr (up 90% YoY) for FY 2025.
Revenue · FY 2025
₹6.79 Cr ▲ 90%
Net profit · FY 2025
₹81.11 Lakh margin 11.9%
EBITDA · FY 2025
₹1.13 Cr margin 16.6%
Compounded Annual Growth Rate (CAGR) of Electricfor Heating Systems India Private Limited
Revenue CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 59%
5 years · compounded
▲ 32%
EBITDA CAGR growth
3 years · compounded
▲ 73%
5 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 90% growth 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 Electricfor Heating Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹81.11 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 Electricfor Heating Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.9% | •••• | •••• | •••• | •••• |
| 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 Electricfor Heating Systems India are in the company report.
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Financial statements from 2015
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Board of Directors of Electricfor Heating Systems India Private Limited
Electricfor Heating Systems India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jose Maria Queralto Terradas | Director | 27 Jun 2016 | 10 Years 3 Months | Current |
| Mani Munirathnam | Director | 26 Sep 2012 | 14 Years 0 Months | Current |
| Eva Maria Forgas Hernandez | Director | 26 Sep 2012 | 14 Years 0 Months | Current |
Peer Comparison of Electricfor Heating Systems India Private Limited
Electricfor Heating Systems India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Storeman Storage Solutions Private Limited | ₹6.81 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Bengaluru, Karnataka, India |
| Nirmal Equipments Private Limited | ₹6.81 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Ranchi, Jharkhand, India |
| M P Blowers Private Limited | ₹6.8 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Ahmedabad, Gujarat, India |
| Prasad Rapid India Private Limited | ₹6.79 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Aztech Industries Private Limited | ₹6.79 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Electricfor Heating Systems India Private Limited this company | ₹6.79 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Bangalore, Karnataka, India |
| Sr Prefabs Modular Cleanroom Private Limited | ₹6.78 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Hyderabad, Telangana, India |
| Jainco Tanks Private Limited | ₹6.78 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Delhi, India |
| Excel Springs Private Limited | ₹6.77 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Kessel India Drainage Private Limited | ₹6.76 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| R R Techno Mechanicals Private Limited | ₹6.76 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Electricfor Heating Systems India by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Electricfor Heating Systems India Private Limited
Electricfor Heating Systems India Private Limited is audited by MARUTHI AND MOHANA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MARUTHI AND MOHANA | Locked | Locked | Locked |
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Complete auditor history
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Ownership and Shareholding of Electricfor Heating Systems India Private Limited
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Charges & Borrowings of Electricfor Heating Systems India Private Limited
Electricfor Heating Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Electricfor Heating Systems India Private Limited
Employment history and EPFO contributions of people linked to Electricfor Heating Systems India.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Electricfor Heating Systems India Private Limited
Electricfor Heating Systems India Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Jose Maria Queralto Terradas was appointed as Director on 27 Jun 2016.
AGM
Electricfor Heating Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Electricfor Heating Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Jose Maria Queralto Terradas was appointed as Director.
Ceased
Anna Maria Puig Lario ceased to be Director.
Appointed
Eva Maria Forgas Hernandez was appointed as Director.
Appointed
Mani Munirathnam was appointed as Director.
Incorporation
26 Sep 2012
Electricfor Heating Systems India Private Limited was registered on 26 Sep 2012 with Roc Bangalore & aged 14 years 24 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Electricfor Heating Systems India Private Limited
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MSME Payment Delays by Electricfor Heating Systems India Private Limited
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Subsidiaries & Group Companies of Electricfor Heating Systems India Private Limited
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GST Compliance of Electricfor Heating Systems India Private Limited
Electricfor Heating Systems India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCE2382B1ZW | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Electricfor Heating Systems India Private Limited
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Frequently Asked Questions about Electricfor Heating Systems India Private Limited
Electricfor Heating Systems India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 September 2012 (14+ years old) and is registered under CIN U29253KA2012FTC066031.
Electricfor Heating Systems India reported revenue of ₹6.79 Cr for FY 2025 (up 90% YoY).
Electricfor Heating Systems India has 3 current directors:
- Jose Maria Queralto Terradas - Director
- Mani Munirathnam - Director
- Eva Maria Forgas Hernandez - Director
Electricfor Heating Systems India reported a net profit of ₹81.11 Lakh (net margin 11.9%) and EBITDA of ₹1.13 Cr (EBITDA margin 16.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Electricfor Heating Systems India is 59% over three years and 32% over five years. In the latest year (FY 2025) revenue rose 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Electricfor Heating Systems India is 29AADCE2382B1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Electricfor Heating Systems India is U29253KA2012FTC066031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electricfor Heating Systems India was incorporated on 26 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Electricfor Heating Systems India by revenue are Storeman Storage Solutions Private Limited, Nirmal Equipments Private Limited, M P Blowers Private Limited, Prasad Rapid India Private Limited, Aztech Industries Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Jose Maria Queralto Terradas was appointed as Director on 27 Jun 2016. Anna Maria Puig Lario ceased to be Director on 30 Nov 2013. Eva Maria Forgas Hernandez was appointed as Director on 26 Sep 2012. Electricfor Heating Systems India has 4 board changes on record in total.
Yes, Electricfor Heating Systems India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0002591).