MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0152705
Aircon Handling Systems Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.13 Cr
▼ 10% YoY
Net profit · FY 2024
₹3.52 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹8.96 Lakh
EBITDA margin 7.9%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Satisfied charges
₹30 Lakh
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
8
Provident fund records
About Aircon Handling Systems Private Limited
Data last updated:
Aircon Handling Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 02 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29199KA2005PTC035740. Its GSTIN is 29AAFCA3271R1Z3 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors Neeleshwar Sudhakar Pai (Managing Director) and Shrikant Shashikant Shinde.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.13 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.52 Lakh (net margin 3.1%) and EBITDA of ₹8.96 Lakh (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹30 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
Aircon Handling Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0152705). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airconindia.com.
Company details
CIN U29199KA2005PTC035740
Registration Number 035740
Incorporation Date 02 March 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0152705
Recognitions & Rankings of Aircon Handling Systems
Contact details
Aircon Handling Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is airconindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 116/7 Mukambika Temple Road Machohalli Forest Gate, Indstrial Area Magdi Main Road, Bangalore, Karnataka, India – 560091
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Aircon Handling Systems Private Limited, buy the company report.
Comprehensive company report
Aircon Handling Systems 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 Aircon Handling Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Aircon Handling Systems Private Limited, buy the company report.
Financials of Aircon Handling Systems Private Limited
FY 2025 filings availableAircon Handling Systems Private Limited reported revenue of ₹1.13 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹1.13 Cr ▼ 10%
Net profit · FY 2024
₹3.52 Lakh margin 3.1%
EBITDA · FY 2024
₹8.96 Lakh margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 18%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 38%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 10% fall in the latest year. EBITDA rose 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.52 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Aircon Handling Systems Private Limited, buy the company report.
Board of directors of Aircon Handling Systems Private Limited
Aircon Handling Systems has 2 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 |
|---|---|---|---|---|
| Shrikant Shashikant Shinde Also directs: Milenium Technologies (India) Private Limited | Additional Director | 30 Mar 2024 | 2 Years 7 Months | Current |
| Neeleshwar Sudhakar Pai | Managing Director | 02 Mar 2005 | 21 Years 8 Months | Current |
Auditor
Aircon Handling Systems Private Limited is audited by R BADARI NATH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R BADARI NATH & CO | FY 2022 | 004830S |
Shareholding
The shareholding of Aircon Handling Systems 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aircon Handling Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2012 | 10391847 | Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Aircon Handling Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Aircon Handling Systems Private Limited has 3 court cases on record: 3 filed by Aircon Handling Systems. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Iot Infrastructure and Energy Services Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Pitti Lamination Ltd | Disposed |
To see the full case history of Aircon Handling Systems 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 Aircon Handling Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aircon Handling Systems Private Limited has a workforce of 8 employees on its EPFO records as of Nov 2025, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
100%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 8 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Aircon Handling Systems Private Limited, buy the company report.
GST
Aircon Handling Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA3271R1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aircon Handling Systems Private Limited, buy the company report.
Recent activity
Aircon Handling Systems Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Nileshwar Sushmita Pai ceased to be Director on 30 Mar 2024.
AGM
Aircon Handling Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aircon Handling Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 26 Nov 2012 via Charge ID 10391847 with Bank Of India was fully satisfied on 05 Sep 2024.
Ceased
Nileshwar Sushmita Pai ceased to be Director.
Appointed
Shrikant Shashikant Shinde was appointed as Additional Director.
Ceased
Mangalpady Sridhar Shenoy ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 10391847 was registered on 26 Nov 2012.
Appointed
Neeleshwar Sudhakar Pai was appointed as Managing Director.
Incorporation
02 Mar 2005
Aircon Handling Systems Private Limited was registered on 02 Mar 2005 with Roc Bangalore & aged 21 years 8 months as per MCA records.
Frequently asked questions
Aircon Handling Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 02 March 2005 (21+ years old) and is registered under CIN U29199KA2005PTC035740.
Aircon Handling Systems has 2 current directors:
- Neeleshwar Sudhakar Pai - Managing Director
- Shrikant Shashikant Shinde - Additional Director
The latest financial statements of Aircon Handling Systems 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 Aircon Handling Systems is 29AAFCA3271R1Z3, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aircon Handling Systems is U29199KA2005PTC035740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aircon Handling Systems has 3 court cases on record: 3 filed by the company.
Aircon Handling Systems was incorporated on 02 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Nileshwar Sushmita Pai ceased to be Director on 30 Mar 2024. Shrikant Shashikant Shinde was appointed as Additional Director on 30 Mar 2024. Mangalpady Sridhar Shenoy ceased to be Director on 11 Jul 2013. Aircon Handling Systems has 4 board changes on record in total.
Yes, Aircon Handling Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0152705).
Aircon Handling Systems can be reached through the website airconindia.com. Its registered office is in Bangalore, Karnataka, India.
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