About Alpha-Elsec Defence & Aerospace Systems Private Limited
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Alpha-Elsec Defence & Aerospace Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Alpha Design Technologies Private Limited. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 10 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31904KA2004PTC034094. Its GSTIN is 29AAECA7856M1ZZ (Karnataka).
The company has an authorised share capital of ₹13.4 Cr and a paid-up capital of ₹10.88 Cr. It was formerly known as Alpha-Itl Electro-Optics Private Limited. It is led by directors including Nimrod Ben Meir and Swapnil Jatinkumar Jalundhwala.
Its last annual general meeting (AGM) was held on 30 April 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 2025, the company reported a revenue of ₹311 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹1 Cr (net margin 0.3%) and EBITDA of ₹10 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 37% over five years.
The company has about 111 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹161.53 Cr and satisfied charges of ₹44 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024. Its 10 peer companies in the Defence industry (Aerospace, Defence Accessories and Components) are compared by revenue, 5 larger and 5 smaller; the largest is International Aerospace Manufacturing Private Limited with revenue of ₹356.31 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alphaitl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. B – 193 4th Cross, 1st Stage Peenya, Bangalore, Karnataka, India – 560058
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
- 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 Alpha-Elsec Defence & Aerospace Systems Private Limited
The main business activity of Alpha-Elsec Defence & Aerospace Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Alpha-Elsec Defence & Aerospace Systems Private Limited FY 2025 filings available
Alpha-Elsec Defence & Aerospace Systems Private Limited reported revenue of ₹311 Cr (up 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Alpha-Elsec Defence & Aerospace Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 62% growth in the latest year. EBITDA fell 23% 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 Alpha-Elsec Defence & Aerospace Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | ₹10 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Alpha-Elsec Defence & Aerospace Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Alpha-Elsec Defence & Aerospace Systems are in the company report.
Financial statements from 2015
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 Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems Private Limited is compared with the companies closest to it by revenue in the Defence industry (Aerospace, Defence Accessories and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| International Aerospace Manufacturing Private Limited | ₹356.31 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| Tata Sikorsky Aerospace Limited | ₹345.74 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Thyssenkrupp Aerospace India Private Limited | ₹341.27 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Kalyani Rafael Advanced Systems Private Limited | ₹323.4 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Ankit Aerospace Private Limited | ₹312.7 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Bangalore, Karnataka, India |
| Alpha-Elsec Defence & Aerospace Systems Private Limited this company | ₹311 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Bangalore, Karnataka, India |
| Chakradhara Aerospace and Cargo Private Limited | ₹304.26 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Coimbatore, Tamil Nadu, India |
| Hicotronics Devices Private Limited | ₹298.13 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Defsys Solutions Private Limited | ₹282.43 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Unimech Aerospace and Manufacturing Limited | ₹267.69 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Micron Instruments Private Limited | ₹253.76 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Alpha-Elsec Defence & Aerospace Systems by revenue in the Defence industry (Aerospace, Defence Accessories and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates 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 and KMP of Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems Private Limited currently reports 3 directors and 2 key managerial personnel. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimrod Ben Meir Also directs: Vignan Technologies Private Limited | Nominee Director | 04 Apr 2022 | 4 Years 6 Months | Current |
| Nagashree Subramanya Nagaraja Gupta | Company Secretary | 13 Nov 2024 | 1 Years 11 Months | Current |
| Swapnil Jatinkumar Jalundhwala | Nominee Director | 04 Apr 2022 | 4 Years 6 Months | Current |
| Nataraj Krishnappa Also directs: Vignan Technologies Private Limited | Ceo | 01 Jan 2025 | 1 Years 9 Months | Current |
| Zachi Hadad | Nominee Director | 20 Jun 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Alpha-Elsec Defence & Aerospace Systems 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 Alpha-Elsec Defence & Aerospace Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2024 | Axis Bank Limited | ₹65 Cr | Open |
| 04 Sep 2020 | Hdfc Bank Limited | ₹1.53 Cr | Open |
| 05 Feb 2020 | Hdfc Bank Limited | ₹95 Cr | Open |
| 24 Jul 2009 | State Bank of India | ₹44 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Elbit Security Systems Limited Seller: Alpha Design Technologies Private Limited , Itl Optronics Limited |
| Aug 2016 | Rights issue | ₹8.23 Cr | Investors: Alpha Design Technologies Private Limited , Elbit Security Systems Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by PR Commissioner of Income Tax | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems Private Limited has a workforce of 111 employees as of Apr 07, 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.
Recent Activity on Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems Private Limited has 21 board changes on record since 2011: 5 appointments and 16 cessations. The latest: Nataraj Krishnappa was appointed as CEO on 01 Jan 2025.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Alpha-Elsec Defence & Aerospace Systems 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.
MSME Payment Delays by Alpha-Elsec Defence & Aerospace Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Alpha-Elsec Defence & Aerospace Systems 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 Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECA7856M1ZZ | Karnataka | Active | 01 Jul 2017 |
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 Alpha-Elsec Defence & Aerospace Systems 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 Alpha-Elsec Defence & Aerospace Systems Private Limited
Alpha-Elsec Defence & Aerospace Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 10 June 2004 (22+ years old) and is registered under CIN U31904KA2004PTC034094.
Alpha-Elsec Defence & Aerospace Systems reported revenue of ₹311 Cr for FY 2025 (up 62% YoY).
Alpha-Elsec Defence & Aerospace Systems has 5 current directors and KMP:
- Nimrod Ben Meir - Nominee Director
- Swapnil Jatinkumar Jalundhwala - Nominee Director
- Zachi Hadad - Nominee Director
- Nagashree Subramanya Nagaraja Gupta - Company Secretary
- Nataraj Krishnappa - Ceo
Alpha-Elsec Defence & Aerospace Systems reported a net profit of ₹1 Cr (net margin 0.3%) and EBITDA of ₹10 Cr (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alpha-Elsec Defence & Aerospace Systems is 42% over three years and 37% over five years. In the latest year (FY 2025) revenue rose 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Alpha-Elsec Defence & Aerospace Systems is 29AAECA7856M1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Alpha-Elsec Defence & Aerospace Systems is U31904KA2004PTC034094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alpha-Elsec Defence & Aerospace Systems has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the high courts.
Alpha-Elsec Defence & Aerospace Systems was incorporated on 10 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Alpha-Elsec Defence & Aerospace Systems has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024.
The peers of Alpha-Elsec Defence & Aerospace Systems by revenue are International Aerospace Manufacturing Private Limited, Tata Sikorsky Aerospace Limited, Thyssenkrupp Aerospace India Private Limited, Kalyani Rafael Advanced Systems Private Limited, Ankit Aerospace Private Limited and 5 more, all in the Defence industry (Aerospace, Defence Accessories and Components).