About Addev Materials Private Limited
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Addev Materials Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Addev Materials Aerospace Limi. It operates in the aircraft and component dealership segment of the transport and logistics sector. It was incorporated on 07 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2018FTC119244. Its GSTIN is 29AAKCP2399C1Z3 (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.25 Lakh. It was formerly known as Pexa Aerospace Materials Private Limited. It is led by directors Jaganathan Kuppan Pagalahalli and James Carmichael Rowbotham.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 7%) and EBITDA of ₹1.62 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 155% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.38 Lakh on record.
For more details, the company can be reached via its website addevmaterials.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShed No 3 Survey No 38/1 Krishnasagara Village Attibele Anekal T, Aluk, Bangalore, Karnataka, India – 562107
- IndustryTransport and Logistics, Aircraft & Component Dealership
- 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
- One PDF report, delivered after checkout
Business Activity of Addev Materials Private Limited
The main business activity of Addev Materials is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Addev Materials Private Limited FY 2024 filings available
Addev Materials Private Limited reported revenue of ₹16.39 Cr (up 155% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Addev Materials Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 155% over five years, including 155% growth in the latest year. EBITDA rose 209% 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 Addev Materials Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.62 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.14 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 of Addev Materials Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7% | •••• | •••• | •••• | •••• |
| 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 Addev Materials are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Addev Materials Private Limited
Addev Materials Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Chemical Retail and Distribution, Industrial Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Synergy Polypacks Private Limited | •••• | •••• | •••• | •••• | - | Dhanbad, Jharkhand, India |
| Sarthak Components Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Senkar Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Erode, Tamil Nadu, India |
| SS Microtech Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Transcend Cleantec Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Addev Materials Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| A&D Petro Industries Private Limited | •••• | •••• | •••• | •••• | - | Sonepat, Haryana, India |
| PSC Industrial Solutions Private Limited | •••• | •••• | •••• | •••• | 10 | New Delhi, Delhi, India |
| Delta Innovative Ssolutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| K.N. Constructions Private Limited | •••• | •••• | •••• | •••• | - | Faizabad, Uttar Pradesh, India |
| Hydro Therm Utilities Private Limited | •••• | •••• | •••• | •••• | - | Gwalior, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Addev Materials by revenue in the Machinery and Equipment industry (Chemical Retail and Distribution, Industrial Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Addev Materials Private Limited
Addev Materials Private Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PKF Sridhar & Santhanam LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Addev Materials Private Limited
Addev Materials has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaganathan Kuppan Pagalahalli | Director | 07 Dec 2018 | 7 Years 10 Months | Current |
| James Carmichael Rowbotham | Director | 07 Dec 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Addev Materials Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Addev Materials Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2022 | Hdfc Bank Limited | ₹20.38 Lakh | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Addev Materials Private Limited
Addev Materials Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 134 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Divyanshi Aviation Services Private Limited | •••• | •••• | •••• |
| Vega Syscon | •••• | •••• | •••• |
| Eximace Logistics Private Limited | •••• | •••• | •••• |
| Metal Storage Systems Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Addev Materials Private Limited
Addev Materials Private Limited has a workforce of 5 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Addev Materials Private Limited
Addev Materials has undergone 2 name changes throughout its history. The company was previously known as Addev Materials Private Limited, and Pexa Aerospace Materials Private Limited. The current legal name is Addev Materials Private Limited.
| Company Name | Status |
|---|---|
| Addev Materials Private Limited | Current |
| Pexa Aerospace Materials Private Limited | Previous |
Recent Activity on Addev Materials Private Limited
Addev Materials Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Graham Richard Yates ceased to be Director on 30 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Addev Materials Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Addev Materials Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Addev Materials Private Limited
Addev Materials has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP2399C1Z3 | Karnataka | Active | 21 Feb 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Addev Materials Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Addev Materials Private Limited
Addev Materials is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component dealership, within the transport and logistics industry. It was incorporated on 07 December 2018 (8+ years old) and is registered under CIN U51909KA2018FTC119244.
Addev Materials reported revenue of ₹16.39 Cr for FY 2024 (up 155% YoY).
Addev Materials has 2 current directors:
- Jaganathan Kuppan Pagalahalli - Director
- James Carmichael Rowbotham - Director
Addev Materials reported a net profit of ₹1.14 Cr (net margin 7%) and EBITDA of ₹1.62 Cr (EBITDA margin 9.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Addev Materials is 76% over three years and 155% over five years. In the latest year (FY 2024) revenue rose 155%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Addev Materials is 29AAKCP2399C1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Addev Materials is U51909KA2018FTC119244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Addev Materials was incorporated on 07 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Addev Materials by revenue are Synergy Polypacks Private Limited, Sarthak Components Private Limited, Senkar Technologies India Private Limited, SS Microtech Private Limited, Transcend Cleantec Private Limited and 5 more, all in the Machinery and Equipment industry (Chemical Retail and Distribution, Industrial Products Retail and Distribution).
Graham Richard Yates ceased to be Director on 30 Apr 2021. Jaganathan Kuppan Pagalahalli was appointed as Director on 07 Dec 2018. James Carmichael Rowbotham was appointed as Director on 07 Dec 2018.
Addev Materials has 7 MSME Form 1 returns on record between 2021 and 2024, listing 134 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Addev Materials can be reached through the website addevmaterials.com. Its registered office is in Bangalore, Karnataka, India.