About Maxon Precision Motor India Private Limited
Data last updated:
Maxon Precision Motor India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Interelectric Ag. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51900KA2010PTC052564. Its GSTIN is 29AAGCM3797B1Z8 (Karnataka).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹23.57 Lakh. It is led by directors including Eugen Josef Elmiger and Daniel Nikolaus Von Wyl.
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Niran Arcade No.563/564 2nd Floor New Bel Road Rmv II Stage, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.51 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.11 Cr (net margin 6.5%) and EBITDA of ₹2.94 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 34% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxon Group. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxonmotor.in.
Company details
Contact details
Maxon Precision Motor India Private Limited's registered office is in Bangalore, Karnataka. Its website is maxonmotor.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNiran Arcade No.563/564 2nd Floor New Bel Road Rmv II Stage, Bangalore, Karnataka, India – 560094
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Maxon Precision Motor India 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
Brands
Maxon Precision Motor India operates one associated brand: Maxon Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of AC & brushless DC motors, sensors, gears, and underwater drive systems | maxongroup.com |
Business activity
The main business activities of Maxon Precision Motor India are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Maxon Precision Motor India Private Limited, buy the company report.
Financials of Maxon Precision Motor India Private Limited
FY 2025 filings availableMaxon Precision Motor India Private Limited reported revenue of ₹32.51 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 27% 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 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 | ₹2.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.11 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 Maxon Precision Motor India Private Limited, buy the company report.
Board of directors of Maxon Precision Motor India Private Limited
Maxon Precision Motor India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eugen Josef Elmiger | Director | 17 Feb 2010 | 16 Years 8 Months | Current |
| Daniel Nikolaus Von Wyl | Director | 17 Feb 2010 | 16 Years 8 Months | Current |
| Atul Kumar Bhardwaj | Director | 30 Jun 2015 | 11 Years 3 Months | Current |
Auditor
Maxon Precision Motor India Private Limited is audited by Mohan & Sridhar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohan & Sridhar | FY 2023 | 002097S |
Shareholding
The shareholding of Maxon Precision Motor India 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maxon Precision Motor India Private Limited, buy the company report.
Legal cases
Maxon Precision Motor India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Maxon Precision Motor India 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 Maxon Precision Motor India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxon Precision Motor India Private Limited has a workforce of 9 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Maxon Precision Motor India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM3797B1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maxon Precision Motor India Private Limited, buy the company report.
Recent activity
Maxon Precision Motor India Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Atul Kumar Bhardwaj ceased to be Additional Director on 07 Jul 2016.
News
Frequently asked questions
Maxon Precision Motor India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 February 2010 (16+ years old) and is registered under CIN U51900KA2010PTC052564.
Maxon Precision Motor India has 3 current directors:
- Eugen Josef Elmiger - Director
- Daniel Nikolaus Von Wyl - Director
- Atul Kumar Bhardwaj - Director
The latest financial statements of Maxon Precision Motor India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maxon Precision Motor India is 29AAGCM3797B1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Maxon Precision Motor India is U51900KA2010PTC052564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxon Precision Motor India has 1 court case on record: 1 filed against it.
Maxon Precision Motor India was incorporated on 17 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Atul Kumar Bhardwaj ceased to be Additional Director on 07 Jul 2016. Atul Kumar Bhardwaj was appointed as Director on 30 Jun 2015. Karl Walter Max Erich Braun ceased to be Director on 30 Jun 2015. Maxon Precision Motor India has 5 board changes on record in total.
Maxon Precision Motor India can be reached through the website maxonmotor.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Maxon Precision Motor India is at Niran Arcade No.563564 2nd Floor New Bel Road Rmv II Stage, Bangalore, Karnataka, India – 560094.