Askar Mechatronics Systems Private Limited

Askar Mechatronics Systems Private Limited - machinery and equipment in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U29299KA2002PTC030144 Incorporated 20 February 2002 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹13.5 Cr
▲ 7% YoY
Net profit · FY 2024
₹23.89 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹70.12 Lakh
EBITDA margin 5.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.78 Cr
Issued & subscribed
Open charges
₹31.31 Cr
Satisfied ₹2.35 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
27
Provident fund records

About Askar Mechatronics Systems Private Limited

Data last updated:

Askar Mechatronics Systems Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 20 February 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA2002PTC030144. Its GSTIN is 29AADCA8608C1ZT (Karnataka).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.78 Cr. It is led by directors Kalidini Prameela Raju and Ramaiah Vishwakumar.

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 # 50 – 59 K R S Road Metagalli Post, Mysore, Karnataka, India – 570016.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.5 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹23.89 Lakh (net margin 1.8%) and EBITDA of ₹70.12 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 10% over five years.

The company has about 27 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹31.31 Cr and satisfied charges of ₹2.35 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.

Askar Mechatronics Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0003163). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website askarmechatronics.com.

Company details

CIN U29299KA2002PTC030144
Registration Number 030144
Incorporation Date 20 February 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-22-0003163
Key People
Kalidini Prameela Raju Director Ramaiah Vishwakumar Director

Recognitions & Rankings of Askar Mechatronics Systems

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-22-0003163

Contact details

Askar Mechatronics Systems Private Limited's registered office is in Mysore, Karnataka. Its website is askarmechatronics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    askarmechatronics.com
  • Registered Address
    # 50 – 59 K R S Road Metagalli Post, Mysore, Karnataka, India – 570016
  • Industry
    Machinery and Equipment, Heavy Engineering & Manufacturing

To see the full contact details of Askar Mechatronics Systems Private Limited, buy the company report.

Comprehensive company report
Askar Mechatronics 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 Askar Mechatronics Systems is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Askar Mechatronics Systems Private Limited, buy the company report.

Financials of Askar Mechatronics Systems Private Limited

FY 2025 filings available

Askar Mechatronics Systems Private Limited reported revenue of ₹13.5 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹13.5 Cr ▲ 7%
Net profit · FY 2024
₹23.89 Lakh margin 1.8%
EBITDA · FY 2024
₹70.12 Lakh margin 5.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 33%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 5%
5 years · compounded
▼ 5%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA fell 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹70.12 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.89 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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.2%
Net Profit Margin1.8%
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

To see the full financial statements and ratios of Askar Mechatronics Systems Private Limited, buy the company report.

Board of directors of Askar Mechatronics Systems Private Limited

Askar Mechatronics Systems has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kalidini Prameela RajuDirector20 Feb 200224 Years 8 MonthsCurrent
Ramaiah Vishwakumar
Also directs: Aparimitha Creative Team LLP, Aparamitha Creative Tech Private Limited
Director20 Feb 200224 Years 8 MonthsCurrent
View all directors

Peer comparison

Askar Mechatronics Systems Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shree Varda Laser Tech Private Limited₹13.56 Cr (FY 2025)61.0%Gandhinagar, Gujarat, India
Aim Tech Engineering Solutions Private Limited₹13.51 Cr (FY 2023)17.0%Pune, Maharashtra, India
Askar Mechatronics Systems Private Limitedthis company₹13.5 Cr (FY 2024)₹23.89 Lakh1.8%7.0%27Mysore, Karnataka, India
KSC Forge Private Limited₹13.43 Cr (FY 2024)10.0%Ludhiana, Punjab, India

To see the full peer comparison of Askar Mechatronics Systems Private Limited, buy the company report.

Auditor

Askar Mechatronics Systems Private Limited is audited by E. S. & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
E. S. & ASSOCIATESFY 20230112365

Shareholding

The shareholding of Askar Mechatronics Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Askar Mechatronics Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹31.31 Cr
Satisfied charges
₹2.35 Cr
Breakdown by lending institutions
State Bank of India₹31.31 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jul 2024100985849State Bank of India₹35 LakhOpen
22 Aug 200710101884State Bank of India₹26.32 CrOpen
19 Sep 200280029873State Bank of India₹35 LakhOpen
19 Sep 200290192605State Bank of India₹4.29 CrOpen
28 Sep 2017100138631Others₹1.35 CrSatisfied

To see the full charge records of Askar Mechatronics Systems Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

Askar Mechatronics Systems Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 546 overdue payments to 47 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 (5 of 47)

SupplierAmount dueDue sinceReported on
New Sun Foundry
Sri Ravi Enterprises
Aditya Metallizing Services
an individual supplier
an individual supplier

To see the full MSME payment records of Askar Mechatronics Systems Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Askar Mechatronics Systems Private Limited has a workforce of 27 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1
Employee growth
3.85%

GST

Askar Mechatronics Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCA8608C1ZTKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Askar Mechatronics Systems Private Limited, buy the company report.

Recent activity

Askar Mechatronics Systems Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Kalidini Prameela Raju was appointed as Director on 20 Feb 2002.

AGM
Askar Mechatronics Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Askar Mechatronics Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 0.35 Cr with Charge ID 100985849 was registered on 30 Jul 2024.
Charges
A charge with State Bank Of India of Rs. 4.29 Cr registered on 19 Sep 2002 with Charge ID 90192605 was modified on 29 Oct 2022.
Charges
A charge registered on 28 Sep 2017 via Charge ID 100138631 with Others was fully satisfied on 23 Mar 2021.
Charges
A charge registered on 26 Jul 2013 via Charge ID 10443160 with Siemens Financial Services Private Limited was fully satisfied on 23 Mar 2021.
Charges
A charge with State Bank Of India of Rs. 26.32 Cr registered on 22 Aug 2007 with Charge ID 10101884 was modified on 06 Oct 2020.
Charges
A charge with Others amounted to Rs. 1.35 Cr with Charge ID 100138631 was registered on 28 Sep 2017.
Charges
A charge with Siemens Financial Services Private Limited amounted to Rs. 1.00 Cr with Charge ID 10443160 was registered on 26 Jul 2013.
Charges
A charge with State Bank Of India amounted to Rs. 26.32 Cr with Charge ID 10101884 was registered on 22 Aug 2007.
Charges
A charge with State Bank Of India amounted to Rs. 0.35 Cr with Charge ID 80029873 was registered on 19 Sep 2002.
Charges
A charge with State Bank Of India amounted to Rs. 4.29 Cr with Charge ID 90192605 was registered on 19 Sep 2002.

3 earlier events are in the company report.

Frequently asked questions

Askar Mechatronics Systems is an active private limited company based in Mysore, Karnataka, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 20 February 2002 (24+ years old) and is registered under CIN U29299KA2002PTC030144.

Askar Mechatronics Systems has 2 current directors:

The latest financial statements of Askar Mechatronics 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 Askar Mechatronics Systems is 29AADCA8608C1ZT, registered in Karnataka.

The CIN (Corporate Identification Number) of Askar Mechatronics Systems is U29299KA2002PTC030144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Askar Mechatronics Systems has 5 court cases on record: 3 filed by the company and 2 filed against it.

Askar Mechatronics Systems was incorporated on 20 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Askar Mechatronics Systems by revenue are Shree Varda Laser Tech Private Limited, Aim Tech Engineering Solutions Private Limited, KSC Forge Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).

Kalidini Prameela Raju was appointed as Director on 20 Feb 2002. Ramaiah Vishwakumar was appointed as Director on 20 Feb 2002.

Yes, Askar Mechatronics Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0003163).

Askar Mechatronics Systems has 8 MSME Form 1 returns on record between 2020 and 2023, listing 546 overdue payments to 47 micro and small suppliers. The latest return was filed on 29 Aug 2023.

Askar Mechatronics Systems can be reached through the website askarmechatronics.com. Its registered office is in Mysore, Karnataka, India.