MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0140467
Auxel FTG India Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹85.7 Cr
▲ 14% YoY
Net profit · FY 2024
₹20.58 Cr
Net margin 24%
EBITDA · FY 2024
₹30.38 Cr
EBITDA margin 35.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.69 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
12
Provident fund records
About Auxel FTG India Private Limited
Data last updated:
Auxel FTG India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Stemfi France. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 11 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29268KA2011FTC061136. Its GSTIN is 29AAJCA9708M1ZZ (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.69 Lakh. It is led by directors including Lance Edward Damico and Craig Anthony Lampo.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.124 7th Main Road 3rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.7 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹20.58 Cr (net margin 24%) and EBITDA of ₹30.38 Cr (EBITDA margin 35.4%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 53% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AUXEL. As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 2 deals on record (2 rights issues); the latest was in March 2017. Its 5 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Nja Industries Private Limited with revenue of ₹86.11 Cr.
Auxel FTG India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0140467). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website auxel.com.
Company details
CIN U29268KA2011FTC061136
Registration Number 061136
Incorporation Date 11 November 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Stemfi France
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0140467
Recognitions & Rankings of Auxel FTG India
Contact details
Auxel FTG India Private Limited's registered office is in Bangalore, Karnataka. Its website is auxel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.124 7th Main Road 3rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Auxel FTG India Private Limited, buy the company report.
Comprehensive company report
Auxel FTG India 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 Auxel FTG India 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 Auxel FTG India Private Limited, buy the company report.
Financials of Auxel FTG India Private Limited
FY 2025 filings availableAuxel FTG India Private Limited reported revenue of ₹85.7 Cr (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹85.7 Cr ▲ 14%
Net profit · FY 2024
₹20.58 Cr margin 24%
EBITDA · FY 2024
₹30.38 Cr margin 35.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 47%
5 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 61%
5 years · compounded
▲ 270%
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 14% growth in the latest year. EBITDA rose 29% 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 |
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| Total Expenses | |||||
| EBITDA | ₹30.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.58 Cr | ||||
| Balance Sheet | |||||
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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 | 35.4% | ||||
| Net Profit Margin | 24% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Auxel FTG India Private Limited, buy the company report.
Board of directors of Auxel FTG India Private Limited
Auxel FTG India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lance Edward Damico | Director | 11 Jul 2018 | 8 Years 3 Months | Current |
| Craig Anthony Lampo | Director | 08 Aug 2018 | 8 Years 2 Months | Current |
| Indrashis De Sarker | Director | 11 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Auxel FTG India Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nja Industries Private Limited | ₹86.11 Cr (FY 2025) | -11.0% | Vadodara, Gujarat, India | |||
| Neptune Systems Pvt. Ltd. | ₹85.83 Cr (FY 2024) | -15.0% | New Delhi, Delhi, India | |||
| Lamco Industries Private Limited | ₹85.81 Cr (FY 2025) | 35.0% | Hyderabad, Telangana, India | |||
| Auxel FTG India Private Limitedthis company | ₹85.7 Cr (FY 2024) | ₹20.58 Cr | 24% | 14.0% | 12 | Bangalore, Karnataka, India |
| Lift Controls Private Limited | ₹85.34 Cr (FY 2025) | -20.0% | Goa, India | |||
| HHV Solar Technologies Limited | ₹85.12 Cr (FY 2016) | -19.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Auxel FTG India Private Limited, buy the company report.
Auditor
Auxel FTG India Private Limited is audited by MUKUNDA SHIVA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUNDA SHIVA AND ASSOCIATES | FY 2023 | 011768S |
Shareholding
The shareholding of Auxel FTG India 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Auxel FTG India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2015 | 10563288 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Auxel FTG India Private Limited has 2 deals on record (2 rights issues); the latest was in March 2017.
Total deals
2
Rights issues
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹13.1 Lakh | Investors: Stemfi Sa |
| Jan 2015 | Rights issue | ₹26.6 Lakh | Investors: Stemfi Sa |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Auxel FTG India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (REF) | Filed against the company by an individual | Pending |
To see the full case history of Auxel FTG India 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 Auxel FTG India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Auxel FTG India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
9.09%
GST
Auxel FTG India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA9708M1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Auxel FTG India Private Limited, buy the company report.
Recent activity
Auxel FTG India Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Richard Adam Norwitt ceased to be Director on 04 Oct 2024.
AGM
Auxel Ftg India Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Auxel Ftg India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Richard Adam Norwitt ceased to be Director.
Ceased
Deepika Thimmaiah ceased to be Director.
Ceased
Aymeric Pierre Michel Vial ceased to be Director.
Appointed
Craig Anthony Lampo was appointed as Director.
Appointed
Lance Edward Damico was appointed as Director.
Ceased
Kandacharam Vijaysimha ceased to be Additional Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 30.00 Lakh with Charge ID 10563288 was registered on 15 Apr 2015.
Appointed
Indrashis De Sarker was appointed as Director.
Incorporation
11 Nov 2011
Auxel Ftg India Private Limited was registered on 11 Nov 2011 with Roc Bangalore & aged 14 years 11 months as per MCA records.
Frequently asked questions
Auxel FTG India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 11 November 2011 (15+ years old) and is registered under CIN U29268KA2011FTC061136.
Auxel FTG India has 3 current directors:
- Lance Edward Damico - Director
- Craig Anthony Lampo - Director
- Indrashis De Sarker - Director
The latest financial statements of Auxel FTG India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Auxel FTG India is 29AAJCA9708M1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Auxel FTG India is U29268KA2011FTC061136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Auxel FTG India has 1 court case on record: 1 filed against it. 1 is pending.
Auxel FTG India was incorporated on 11 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Auxel FTG India has 2 deals on record (2 rights issues); the latest was in March 2017.
The peers of Auxel FTG India by revenue are Nja Industries Private Limited, Neptune Systems Pvt. Ltd, Lamco Industries Private Limited, Lift Controls Private Limited, HHV Solar Technologies Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Richard Adam Norwitt ceased to be Director on 04 Oct 2024. Deepika Thimmaiah ceased to be Director on 05 Nov 2018. Aymeric Pierre Michel Vial ceased to be Director on 08 Aug 2018. Auxel FTG India has 7 board changes on record in total.
Yes, Auxel FTG India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0140467).
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