
About Adaptive Energy Systems Private Limited
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Adaptive Energy Systems Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2018PTC116787. Its GSTIN is 29AARCA4143J1ZA (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sahana Ramesh and Harsha Tej Chandan.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Ground Floor No 5 Old No 1662/17 – 5 E Vikas 2nd Cross Rammohan Puram, Bengaluru, Karnataka, India – 560021.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.01 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹2.88 Lakh (net margin -95.7%) and EBITDA of -₹2.88 Lakh (EBITDA margin -95.7%).
For more details, the company can be reached via its website adaptivenergysystems.com.
Company details
Recognitions & Rankings of Adaptive Energy Systems
Contact details
Adaptive Energy Systems Private Limited's registered office is in Bengaluru, Karnataka. Its website is adaptivenergysystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor No 5 Old No 1662/17 – 5 E Vikas 2nd Cross Rammohan Puram, Bengaluru, Karnataka, India – 560021
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Adaptive Energy Systems 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
Business activity
The main business activity of Adaptive Energy Systems is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Adaptive Energy Systems Private Limited, buy the company report.
Financials of Adaptive Energy Systems Private Limited
FY 2020 filings availableAdaptive Energy Systems Private Limited reported revenue of ₹3.01 Lakh (down 35% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year. EBITDA rose 85% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.01 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2.88 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.88 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 | ||
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| Total Assets | ||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -95.7% | |
| Net Profit Margin | -95.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
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To see the full financial statements and ratios of Adaptive Energy Systems Private Limited, buy the company report.
Board of directors of Adaptive Energy Systems Private Limited
Adaptive Energy Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Tej Chandan Also directs: Garage Ideas Private Limited, One Blu Foundation | Additional Director | 04 Nov 2022 | 3 Years 11 Months | Current |
| Sahana Ramesh | Director | 24 Sep 2018 | 8 Years 0 Months | Current |
Auditor
Adaptive Energy Systems Private Limited is audited by RAKESH KASHYAP S & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH KASHYAP S & CO | FY 2020 | 017869S |
Shareholding
The shareholding of Adaptive Energy Systems Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Adaptive Energy Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adaptive Energy Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adaptive Energy Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adaptive Energy Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA4143J1ZA | Karnataka | Active | 26 Oct 2018 |
To see the full GST registrations and return filing status of Adaptive Energy Systems Private Limited, buy the company report.
Recent activity
Adaptive Energy Systems Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Srinivas Amit Shroff ceased to be Managing Director on 11 Nov 2022.
Frequently asked questions
Adaptive Energy Systems is an active private limited company based in Bengaluru, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 September 2018 (8+ years old) and is registered under CIN U31900KA2018PTC116787.
Adaptive Energy Systems has 2 current directors:
- Harsha Tej Chandan - Additional Director
- Sahana Ramesh - Director
The latest financial statements of Adaptive Energy Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Adaptive Energy Systems is 29AARCA4143J1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Adaptive Energy Systems is U31900KA2018PTC116787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adaptive Energy Systems was incorporated on 24 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Srinivas Amit Shroff ceased to be Managing Director on 11 Nov 2022. Harsha Tej Chandan was appointed as Additional Director on 04 Nov 2022. Brendon John Callister ceased to be Director on 01 Oct 2020. Adaptive Energy Systems has 6 board changes on record in total.
Yes, Adaptive Energy Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Adaptive Energy Systems can be reached through the website adaptivenergysystems.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Adaptive Energy Systems is at Ground Floor No 5 Old No 166217 – 5 E Vikas 2nd Cross Rammohan Puram, Bengaluru, Karnataka, India – 560021.