MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0001304
Accord Laser Machining Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.74 Cr
▼ 1% YoY
Net profit · FY 2025
₹4.68 Cr
Net margin 27.9%
EBITDA · FY 2025
₹7.3 Cr
EBITDA margin 43.6%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹77.3 Lakh
Satisfied ₹1.5 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
20
Provident fund records
About Accord Laser Machining Private Limited
Data last updated:
Accord Laser Machining Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 12 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28939KA2004PTC034308. Its GSTIN is 29AAECA7968E1ZB (Karnataka).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors including Narendra Gupta Cotha Venkatachalapathi Setty and Banavadi Narayanasetty Varadarajasetty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.52A Next To KIADB Office Bommasandra Industrial Area Hosur Road, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.74 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.68 Cr (net margin 27.9%) and EBITDA of ₹7.3 Cr (EBITDA margin 43.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 16% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹77.3 Lakh and satisfied charges of ₹1.5 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company.
Accord Laser Machining Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0001304). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accordlaser.com.
Company details
CIN U28939KA2004PTC034308
Registration Number 034308
Incorporation Date 12 July 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0001304
Key People
Narendra Gupta Cotha Venkatachalapathi Setty Director Banavadi Narayanasetty Varadarajasetty Director Kengeri Suresh Prasannalakshmi Director Recognitions & Rankings of Accord Laser Machining
Contact details
Accord Laser Machining Private Limited's registered office is in Bangalore, Karnataka. Its website is accordlaser.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.52A Next To KIADB Office Bommasandra Industrial Area Hosur Road, Bangalore, Karnataka, India – 560099
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Accord Laser Machining Private Limited, buy the company report.
Comprehensive company report
Accord Laser Machining 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 Accord Laser Machining is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Accord Laser Machining Private Limited, buy the company report.
Financials of Accord Laser Machining Private Limited
FY 2025 filings availableAccord Laser Machining Private Limited reported revenue of ₹16.74 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹16.74 Cr ▼ 1%
Net profit · FY 2025
₹4.68 Cr margin 27.9%
EBITDA · FY 2025
₹7.3 Cr margin 43.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 18%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 24%
5 years · compounded
▲ 19%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 1% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.68 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.6% | ||||
| Net Profit Margin | 27.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Accord Laser Machining Private Limited, buy the company report.
Board of directors of Accord Laser Machining Private Limited
Accord Laser Machining has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Gupta Cotha Venkatachalapathi Setty | Director | 30 Sep 2005 | 21 Years 1 Months | Current |
| Banavadi Narayanasetty Varadarajasetty | Director | 12 Jul 2004 | 22 Years 3 Months | Current |
| Kengeri Suresh Prasannalakshmi | Director | 30 Sep 2005 | 21 Years 1 Months | Current |
| Kunigal Nagaraj Nagendra | Director | 30 Sep 2005 | 21 Years 1 Months | Current |
| Latha Venkatesh | Director | 12 Jul 2004 | 22 Years 3 Months | Current |
Peer comparison
Accord Laser Machining Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Shri Bhagavati Bright Bars Ltd | ₹16.82 Cr (FY 2025) | 16.0% | Rajkot, Gujarat, India | |||
| PTC Engineering (India) Private Limited | ₹16.75 Cr (FY 2025) | 75.0% | New Delhi, Delhi, India | |||
| Accord Laser Machining Private Limitedthis company | ₹16.74 Cr (FY 2025) | ₹4.68 Cr | 27.9% | -1.0% | 20 | Bangalore, Karnataka, India |
| P.V. Forge Private Limited | ₹16.69 Cr (FY 2025) | 22.0% | Rohtak, Haryana, India | |||
| Anand Hightech Industries Private Limited | ₹16.59 Cr (FY 2025) | 22.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Accord Laser Machining Private Limited, buy the company report.
Auditor
Accord Laser Machining Private Limited is audited by SHEKAR & YATHISH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHEKAR & YATHISH | FY 2021 | 008964S |
Shareholding
The shareholding of Accord Laser Machining 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Accord Laser Machining Private Limited, buy the company report.
Charges & borrowings
Open charges
₹77.3 Lakh
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2019 | 100287165 | Canara Bank | ₹2 Lakh | Open | |
| 16 Dec 2004 | 90192925 | Karnataka State Financial Corporation | ₹75.3 Lakh | Open | |
| 21 Jun 2006 | 10145552 | Karnataka State Financial Corporation | ₹1.5 Cr | Satisfied |
To see the full charge records of Accord Laser Machining Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Accord Laser Machining Private Limited has 6 court cases on record: 6 filed by Accord Laser Machining. All cases are disposed.
Total cases
6
Filed by the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Welfab Technologies Pvt Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Welfab Technologies Pvt Ltd and 1 other | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against State of Karnataka and 2 others | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S. SLV Automation, Rep.By Sripad. S. V | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Iq Engineering Pvt Ltd., and 1 other | Disposed |
To see the full case history of Accord Laser Machining 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 Accord Laser Machining Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accord Laser Machining Private Limited has a workforce of 20 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-4.76%
GST
Accord Laser Machining has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECA7968E1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Accord Laser Machining Private Limited, buy the company report.
Recent activity
Accord Laser Machining Private Limited has 7 board changes on record since 2004: 5 appointments and 2 cessations. The latest: Banavadi Narasimiah Setty Narayana Setty ceased to be Director on 18 Aug 2016.
AGM
Accord Laser Machining Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Accord Laser Machining Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 2.00 Lakh with Charge ID 100287165 was registered on 28 Aug 2019.
Charges
A charge registered on 21 Jun 2006 via Charge ID 10145552 with Karnataka State Financial Corporation was fully satisfied on 25 Jul 2019.
Ceased
Banavadi Narasimiah Setty Narayana Setty ceased to be Director.
Ceased
Banawadi Narayanasetty Venkatesh ceased to be Director.
Charges
A charge with Karnataka State Financial Corporation of Rs. 75.30 Lakh registered on 16 Dec 2004 with Charge ID 90192925 was modified on 21 Jun 2008.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 150.00 Lakh with Charge ID 10145552 was registered on 21 Jun 2006.
Appointed
Kengeri Suresh Prasannalakshmi was appointed as Director.
Appointed
Kunigal Nagaraj Nagendra was appointed as Director.
Appointed
Narendra Gupta Cotha Venkatachalapathi Setty was appointed as Director.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 75.30 Lakh with Charge ID 90192925 was registered on 16 Dec 2004.
3 earlier events are in the company report.
Frequently asked questions
Accord Laser Machining is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 12 July 2004 (22+ years old) and is registered under CIN U28939KA2004PTC034308.
Accord Laser Machining has 5 current directors:
- Narendra Gupta Cotha Venkatachalapathi Setty - Director
- Banavadi Narayanasetty Varadarajasetty - Director
- Kengeri Suresh Prasannalakshmi - Director
- Kunigal Nagaraj Nagendra - Director
- Latha Venkatesh - Director
The latest financial statements of Accord Laser Machining on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Accord Laser Machining is 29AAECA7968E1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Accord Laser Machining is U28939KA2004PTC034308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accord Laser Machining has 6 court cases on record: 6 filed by the company. Most are in the district courts.
Accord Laser Machining was incorporated on 12 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Accord Laser Machining by revenue are Shri Bhagavati Bright Bars Ltd, PTC Engineering (India) Private Limited, P.V. Forge Private Limited, Anand Hightech Industries Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Banavadi Narasimiah Setty Narayana Setty ceased to be Director on 18 Aug 2016. Banawadi Narayanasetty Venkatesh ceased to be Director on 01 Aug 2013. Kengeri Suresh Prasannalakshmi was appointed as Director on 30 Sep 2005. Accord Laser Machining has 7 board changes on record in total.
Yes, Accord Laser Machining is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0001304).
Accord Laser Machining can be reached through the website accordlaser.com. Its registered office is in Bangalore, Karnataka, India.
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