About Aerovite Aero-Defence Private Limited
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Aerovite Aero-Defence Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Stumpp Schuele & Somappa Springs Private Limited. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 09 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U75144KA2017PTC101245. Its GSTIN is 29AAYCS3003Q1ZI (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ssss Aero-Defence High Technology Private Limited. It is led by directors Coimbatore Raghavendra Shashidhar and Satish Ramesh Machani.
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 No.4 Bommasandra Industrial Area Bommasandra Attibele Hobli Anekal Taluk, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2024, the company reported a revenue of ₹26,609. For the same year it recorded a net loss of ₹13,025 (net margin -49%) and EBITDA of -₹13,025 (EBITDA margin -49%). Revenue has declined at a compounded annual rate (CAGR) of 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website machanigroup.com.
Company details
Contact details
Aerovite Aero-Defence Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.4 Bommasandra Industrial Area Bommasandra Attibele Hobli Anekal Taluk, Bangalore, Karnataka, India – 560099
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Aerovite Aero-Defence 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
Financials of Aerovite Aero-Defence Private Limited
FY 2024 filings availableAerovite Aero-Defence Private Limited reported revenue of ₹26,609 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years. EBITDA rose 43% 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
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| EBITDA | -₹13,025 | ||||
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| Net Profit (PAT) | -₹13,025 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -49% | ||||
| Net Profit Margin | -49% | ||||
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To see the full financial statements and ratios of Aerovite Aero-Defence Private Limited, buy the company report.
Board of directors of Aerovite Aero-Defence Private Limited
Aerovite Aero-Defence 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 |
|---|---|---|---|---|
| Coimbatore Raghavendra Shashidhar Also directs: Machani Ramesh City Lights Private Limited, Xarpie Labs LLP, Machani Ramesh Heritage LLP and 5 more | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Satish Ramesh Machani Also directs: Vayati Weaves LLP, Machani Ramesh Metamorphosis LLP, Stumpp Schuele & Somappa Engineering Services LLP and 5 more | Director | 25 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Aerovite Aero-Defence Private Limited is compared with the 3 companies closest to it by revenue in the Defence industry (Defence Products and Technology), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Turbotech Innovation Private Limited | ₹68,380 (FY 2024) | Bangalore, Karnataka, India | ||||
| Aerovite Aero-Defence Private Limitedthis company | ₹26,609 (FY 2024) | -₹13,025 | -49% | Bangalore, Karnataka, India | ||
| Technofour Electronics Defence Private Limited | ₹25,168 (FY 2025) | -100.0% | Pune, Maharashtra, India | |||
| Sensebird Solutions Private Limited | ₹19,314 (FY 2025) | Noida, Uttar Pradesh, India |
To see the full peer comparison of Aerovite Aero-Defence Private Limited, buy the company report.
Auditor
Aerovite Aero-Defence Private Limited is audited by BRAHMAYYA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRAHMAYYA & CO | FY 2022 | 000515S |
Shareholding
The shareholding of Aerovite Aero-Defence Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Aerovite Aero-Defence Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aerovite Aero-Defence 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 Aerovite Aero-Defence Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aerovite Aero-Defence has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS3003Q1ZI | Karnataka | Active | 22 Sep 2017 |
To see the full GST registrations and return filing status of Aerovite Aero-Defence Private Limited, buy the company report.
Recent activity
Aerovite Aero-Defence Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Satish Ramesh Machani was appointed as Director on 25 Jan 2019.
Frequently asked questions
Aerovite Aero-Defence is an active private limited company based in Bangalore, Karnataka, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 09 March 2017 (9+ years old) and is registered under CIN U75144KA2017PTC101245.
Aerovite Aero-Defence has 2 current directors:
- Coimbatore Raghavendra Shashidhar - Director
- Satish Ramesh Machani - Director
The latest financial statements of Aerovite Aero-Defence on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Aerovite Aero-Defence is 29AAYCS3003Q1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Aerovite Aero-Defence is U75144KA2017PTC101245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aerovite Aero-Defence was incorporated on 09 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aerovite Aero-Defence by revenue are Turbotech Innovation Private Limited, Technofour Electronics Defence Private Limited, Sensebird Solutions Private Limited, all in the Defence industry (Defence Products and Technology), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities).
Satish Ramesh Machani was appointed as Director on 25 Jan 2019. Coimbatore Raghavendra Shashidhar ceased to be Additional Director on 31 Dec 2018. Ravi Ramesh Machani ceased to be Director on 20 May 2017. Aerovite Aero-Defence has 6 board changes on record in total.
Aerovite Aero-Defence can be reached through the website machanigroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Aerovite Aero-Defence is at No.4 Bommasandra Industrial Area Bommasandra Attibele Hobli Anekal Taluk, Bangalore, Karnataka, India – 560099.
Aerovite Aero-Defence operates in the aerospace, maritime and defense industry, in the defence tech and equipment segment.
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