MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0156494
Projektelits India Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹17.3 Cr
▼ 40% YoY
Net profit · FY 2021
₹28.35 Lakh
Net margin 1.6%
EBITDA · FY 2021
₹52.08 Lakh
EBITDA margin 3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered
About Projektelits India Private Limited
Data last updated:
Projektelits India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 12 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20299KA2018PTC110088. Its GSTIN is 29AAJCP6710E1ZD (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Bikash Poddar and Gowrang More.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No G – 12 Richmond Towers Richmond Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.3 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹28.35 Lakh (net margin 1.6%) and EBITDA of ₹52.08 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 351% over three years.
Court records list 42 cases involving the company, including 37 filed by the company and 5 filed against it; 11 cases are pending.
Projektelits India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0156494). For more details, the company can be reached via its website projektelits.com.
Company details
CIN U20299KA2018PTC110088
Registration Number 110088
Incorporation Date 12 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
MSME Classification Small
Udyam Registration UDYAM-KR-03-0156494
Recognitions & Rankings of Projektelits India
Contact details
Projektelits India Private Limited's registered office is in Bangalore, Karnataka. Its website is projektelits.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo G – 12 Richmond Towers Richmond Road, Bangalore, Karnataka, India – 560025
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Projektelits India Private Limited, buy the company report.
Comprehensive company report
Projektelits India 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 activity of Projektelits India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Projektelits India Private Limited, buy the company report.
Financials of Projektelits India Private Limited
FY 2021 filings availableProjektelits India Private Limited reported revenue of ₹17.3 Cr (down 40% YoY) for FY 2021.
Revenue · FY 2021
₹17.3 Cr ▼ 40%
Net profit · FY 2021
₹28.35 Lakh margin 1.6%
EBITDA · FY 2021
₹52.08 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 351%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 308%
Revenue fell 40% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 351%. EBITDA fell 55% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹17.3 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹52.08 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹28.35 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3% | |||
| Net Profit Margin | 1.6% | |||
| 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 Projektelits India Private Limited, buy the company report.
Board of directors of Projektelits India Private Limited
Projektelits India has 6 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 |
|---|---|---|---|---|
| Bikash Poddar Also directs: Radheshyam Green Lam Private Limited, Radheshyam Panel LLP, Radheshyam Laminates and Decors Private Limited and 4 more | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Gowrang More Also directs: Tischlers India Private Limited | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Amit Poddar Also directs: Radheshyam Green Lam Private Limited, Radheshyam Panel LLP, Snekker Designs Studio LLP and 5 more | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Krishna Poddar | Director | 02 Jan 2019 | 7 Years 10 Months | Current |
| Naveen Poddar Also directs: MPF Plywood LLP, Jaishreeshyam Plywoods Private Limited, Laminar Laminates Private Limited and 3 more | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Dhananjoy Poddar Also directs: Radheshyam Green Lam Private Limited, Shreesh Impex Private Limited, Shreesh Cements Private Limited and 3 more | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Projektelits India Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deluxe Interior Infrastructure Private Limited | ₹17.71 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Beautex Industries Private Limited | ₹17.49 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Leo Laminates Private Limited | ₹17.38 Cr (FY 2020) | -6.0% | Telangana, India | |||
| Projektelits India Private Limitedthis company | ₹17.3 Cr (FY 2021) | ₹28.35 Lakh | 1.6% | -40.0% | Bangalore, Karnataka, India | |
| Relay Particle Private Limited | ₹17.29 Cr (FY 2025) | 165.0% | Ahmedabad, Gujarat, India | |||
| M B Plywood Industries Pvt Ltd | ₹17.14 Cr (FY 2024) | -16.0% | Kichha, Uttarakhand, India | |||
| Shree Salasar Decoplast Private Limited | ₹17.1 Cr (FY 2025) | 65.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Projektelits India Private Limited, buy the company report.
Auditor
Projektelits India Private Limited is audited by Kirtane & Pandit LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirtane & Pandit LLP | FY 2021 | 105215W/W100057 |
Shareholding
The shareholding of Projektelits India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Projektelits India Private Limited, buy the company report.
Legal cases
Projektelits India Private Limited has 42 court cases on record: 37 filed by Projektelits India, 5 filed against it. 11 cases are pending and 31 are disposed.
Total cases
42
Filed by the company
37
Filed against the company
5
Pending
11
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 5 | 11 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Kaushal Interiors Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Singularity Furniture Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Urc Construction Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Classic Kitchen Pvt Ltd., | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed against the company by M/S Classic Kitchen Pvt Ltd | Disposed |
To see the full case history of Projektelits 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 Projektelits India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Projektelits India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP6710E1ZD | Karnataka | Active | 27 Feb 2018 |
To see the full GST registrations and return filing status of Projektelits India Private Limited, buy the company report.
Recent activity
Projektelits India Private Limited has 7 board changes on record since 2018: 6 appointments and 1 cessation. The latest: Krishna Poddar was appointed as Director on 02 Jan 2019.
AGM
Projektelits India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Projektelits India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Appointed
Krishna Poddar was appointed as Director.
Ceased
Sanjay Kumar Poddar ceased to be Director.
Appointed
Amit Poddar was appointed as Director.
Appointed
Bikash Poddar was appointed as Director.
Appointed
Dhananjoy Poddar was appointed as Director.
Appointed
Gowrang More was appointed as Director.
Appointed
Naveen Poddar was appointed as Director.
Incorporation
12 Feb 2018
Projektelits India Private Limited was registered on 12 Feb 2018 with Roc Bangalore & aged 8 years 8 months as per MCA records.
Frequently asked questions
Projektelits India is an active private limited company based in Bangalore, Karnataka, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 12 February 2018 (8+ years old) and is registered under CIN U20299KA2018PTC110088.
Projektelits India has 6 current directors:
- Bikash Poddar - Director
- Gowrang More - Director
- Amit Poddar - Director
- Krishna Poddar - Director
- Naveen Poddar - Director
- Dhananjoy Poddar - Director
The latest financial statements of Projektelits India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Projektelits India is 29AAJCP6710E1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Projektelits India is U20299KA2018PTC110088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Projektelits India has 42 court cases on record: 37 filed by the company and 5 filed against it. 11 are pending.
Projektelits India was incorporated on 12 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Projektelits India by revenue are Deluxe Interior Infrastructure Private Limited, Beautex Industries Private Limited, Leo Laminates Private Limited, Relay Particle Private Limited, M B Plywood Industries Pvt Ltd and 1 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Krishna Poddar was appointed as Director on 02 Jan 2019. Sanjay Kumar Poddar ceased to be Director on 02 Jan 2019. Amit Poddar was appointed as Director on 12 Feb 2018. Projektelits India has 7 board changes on record in total.
Yes, Projektelits India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0156494).
Projektelits India can be reached through the website projektelits.com. Its registered office is in Bangalore, Karnataka, India.
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