Avana Electrosystems Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U31400KA2010PLC054508 Incorporated 16 July 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Listed - NSE: AVANA Public Limited Company energy and power MSME · Small
Data last updated
Market Cap
₹317 Cr
AVANA-SM · NSE
Share Price
₹139.00
-0.71% today
Revenue
₹83.86 Cr
FY 2025-26 · +36.4% YoY
EBITDA
₹16.33 Cr
Margin 19.5%
Net Profit
₹11.70 Cr
FY 2025-26 · +38.1% YoY
ROE
29.0%
ROCE 35.3%
Debt / Equity
0.08
Interest cover 5.5x
Authorised capital
₹25 Cr
Registered with MCA

About Avana Electrosystems Limited

Data last updated:

Avana Electrosystems Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 16 July 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31400KA2010PLC054508. Its GSTIN is 29AAICA6451A1ZV (Karnataka). It is a listed company as per MCA records. Its shares are listed on NSE: AVANA.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.47 Cr. It is led by directors including Panish Anantharamaiah (Managing Director) and Gururaj Dambal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹83.86 Cr, a growth of 36.4% compared to the previous year. For the same year it recorded a net profit of ₹11.7 Cr (net margin 14%) and EBITDA of ₹16.33 Cr (EBITDA margin 19.5%). The net worth stands at ₹59.08 Cr (up 171% YoY). Total assets are valued at ₹62.79 Cr (up 99.1% YoY).

The company has about 153 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Avana Electrosystems. As per MCA filings, the company has open charges of ₹21.1 Cr and satisfied charges of ₹5.45 Cr on record.

Avana Electrosystems Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0047263). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avanaelectrosystems.com.

Company details

CIN U31400KA2010PLC054508
Registration Number 054508
Incorporation Date 16 July 2010
ROC Bangalore
Listing Status Listed (NSE: AVANA)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0047263

CIN history

Avana Electrosystems has one previous CIN (Corporate Identification Number): U31400KA2010PTC054508. The current CIN is U31400KA2010PLC054508, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31400KA2010PLC054508Current
U31400KA2010PTC054508Previous

Recognitions & Rankings of Avana Electrosystems

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0047263

Contact details

Avana Electrosystems Limited's registered office is in Bangalore, Karnataka. Its website is avanaelectrosystems.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 8 Plot No.35 1st Main Road, 2nd Phase Peenya Industrial Area Nelagadaranahalli Village, Bangalore, Karnataka, India – 560058
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Avana Electrosystems Limited, buy the company report.

Comprehensive company report
Avana Electrosystems 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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Brands

Avana Electrosystems operates one associated brand: AVANA ELECTROSYSTEMS. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of control panels, relay panels, and protection relays for power systems and industrial applications in India.avanaelectrosystems.com

Business activity

The main business activity of Avana Electrosystems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Avana Electrosystems Limited, buy the company report.

Financials of Avana Electrosystems Limited

FY 2025-26 filings available

Avana Electrosystems Limited reported revenue of ₹83.86 Cr (up 36.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹83.86 Cr
+36.4% YoY
EBITDA
₹16.33 Cr
+37.0% YoY
Profit After Tax
₹11.70 Cr
+38.1% YoY
Net Worth
₹59.08 Cr
+171.0% YoY
Total Assets
₹62.79 Cr
+99.1% YoY
Total Debt
₹0.76 Cr
-86.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue83.8661.4952.9928.4120.4314.9522.56
Revenue growth+36.4%+16.0%+86.5%+39.1%+36.7%-33.7%-
EBITDA16.3311.927.051.940.780.651.32
EBITDA margin+19.5%+19.4%+13.3%+6.8%+3.8%+4.4%+5.9%
Profit before tax15.7911.705.861.200.560.381.55
Net profit11.708.474.020.950.410.281.21
Net profit margin+14.0%+13.8%+7.6%+3.3%+2.0%+1.9%+5.4%
EPS (₹)5.18106.6750.6711.624.993.4213.82
Balance sheet
Total assets62.7931.5322.7616.8013.5412.0011.13
Net worth59.0821.8013.489.468.548.318.85
Total debt0.765.699.287.335.003.682.28
Cash & bank27.835.313.783.102.302.963.38
Net working capital52.2227.8718.2714.2311.059.458.50
Cash flow
Cash from operations7.955.730.95(0.32)0.061.28(0.06)
Cash from investing(9.35)(0.99)(1.10)(1.19)(0.04)(0.04)(0.14)
Cash from financing19.78(4.50)0.832.31(0.69)(1.65)0.78

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue83.8661.4952.9928.4120.4314.9522.56
Revenue growth+36.4%+16.0%+86.5%+39.1%+36.7%-33.7%-
Other income0.971.450.270.180.360.350.85
Total expenses67.5349.5745.9426.4719.6514.3021.24
Employee cost10.608.865.894.772.222.402.87
EBITDA16.3311.927.051.940.780.651.32
EBITDA margin+19.5%+19.4%+13.3%+6.8%+3.8%+4.4%+5.9%
Depreciation0.650.760.350.120.110.150.20
Interest0.860.911.110.800.470.470.42
Profit before tax15.7911.705.861.200.560.381.55
Tax4.073.231.840.250.150.100.34
Net profit11.708.474.020.950.410.281.21
Net profit margin+14.0%+13.8%+7.6%+3.3%+2.0%+1.9%+5.4%
EPS (₹)5.18106.6750.6711.624.993.4213.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.650.790.790.790.790.790.88
Reserves & surplus36.4321.0112.698.677.757.527.97
Shareholders' funds (net worth)59.0821.8013.489.468.548.318.85
Secured loans0.765.035.262.614.412.540.62
Unsecured loans0.000.664.024.720.591.141.66
Total debt0.765.699.287.335.003.682.28
Total liabilities62.7931.5322.7616.8013.5412.0011.13
Assets
Gross block8.826.266.033.903.763.723.68
Net block5.323.263.792.011.992.062.17
Capital work in progress4.670.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories22.4314.7111.937.705.414.024.16
Sundry debtors22.2121.1914.8411.166.954.564.60
Cash & bank balances27.835.313.783.102.302.963.38
Loans & advances1.733.513.034.002.912.952.64
Total current assets74.2044.7233.5825.9617.5714.4914.78
Total current liabilities21.9816.8515.3111.736.525.046.28
Net working capital52.2227.8718.2714.2311.059.458.50
Total assets62.7931.5322.7616.8013.5412.0011.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.250.013.102.302.963.382.80
Net cash from operating activities7.955.730.95(0.32)0.061.28(0.06)
Net cash from investing activities(9.35)(0.99)(1.10)(1.19)(0.04)(0.04)(0.14)
Net cash from financing activities19.78(4.50)0.832.31(0.69)(1.65)0.78
Net change in cash18.380.240.680.80(0.67)(0.41)0.58
Closing cash27.835.313.783.102.302.963.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+36.4%+16.0%+86.5%+39.1%+36.7%-33.7%-
EBITDA growth+37.0%+69.1%+263.4%+148.7%+20.0%-50.8%-
PBT growth+35.0%+99.7%+388.3%+114.3%+47.4%-75.5%+9997.0%
Net income growth+38.1%+110.7%+323.2%+131.7%+46.4%-76.9%-
Revenue CAGR (3Y)+43.5%+44.4%+52.5%+8.0%---
EBITDA CAGR (3Y)+103.4%+148.2%+121.4%+13.7%---
Profitability & leverage
Net income margin+14.0%+13.8%+7.6%+3.3%+2.0%+1.9%+5.4%
Return on capital employed+35.3%+46.5%+35.3%+11.7%+8.0%+7.3%+17.8%
Return on net worth+29.0%+48.0%+35.1%+9.7%+4.8%+3.2%+13.8%
Debt / equity0.080.420.720.770.520.350.26
Long-term debt / equity0.020.120.230.250.040.120.16
Interest cover5.488.1516.5743.9670.1594.0037.50
Efficiency & per share
Fixed asset turnover11.1210.0110.677.285.464.046.13
Inventory turnover4.524.625.403.694.333.665.42
Debtors turnover3.863.414.082.553.553.264.90
EPS (₹)5.18106.6750.6711.624.993.4213.82
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)26.09274.52169.85119.18107.55104.68100.53

To see the full year-wise statements and ratios of Avana Electrosystems Limited, buy the company report.

Board of directors of Avana Electrosystems Limited

Avana Electrosystems has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sheela ArvindDirector04 Aug 20251 Years 3 MonthsCurrent
Gururaj DambalWhole-Time Director16 Jul 201016 Years 3 MonthsCurrent
Kondahalli Nagaraj SreenathDirector16 Jul 201016 Years 3 MonthsCurrent
Panish AnantharamaiahManaging Director16 Jul 201016 Years 3 MonthsCurrent
Shital Darak MandhanaDirector04 Aug 20251 Years 3 MonthsCurrent
Vinod Kumar SampatkumarWhole-Time Director16 Jul 201016 Years 3 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Avana Electrosystems Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avana Electrosystems Limitedthis company₹83.86 Cr (FY 2026)₹11.7 Cr14%36.4%153Bangalore, Karnataka, India
Radhe Renewable Energy Development Private Limited₹64.08 Cr (FY 2025)27.0%Metoda Gidc, Gujarat, India
Evergreen Electricals Private Limited₹63.45 Cr (FY 2025)11.0%Mumbai, Maharashtra, India
Maktel Control & Systems Private Limited₹62.99 Cr (FY 2016)24.0%Vadodara, Gujarat, India
Prayog Electricals Private Limited₹62.89 Cr (FY 2025)55.0%Phaltan, Maharashtra, India
CMC Manufacturing Company Pvt. Ltd.₹62.7 Cr (FY 2024)30.0%Kolkata, West Bengal, India
Powersol Infra Services Private Limited₹62.66 Cr (FY 2025)-5.0%Hyderabad, Telangana, India

To see the full peer comparison of Avana Electrosystems Limited, buy the company report.

Auditor

Avana Electrosystems Limited is audited by VASANTH AND CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VASANTH AND COFY 2023008204S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 73.60%, foreign institutional investors hold 1.10%, domestic institutional investors hold 8.50% and retail and other public shareholders hold 16.80%.

Promoters: 73.60%DII (Domestic Institutional): 8.50%FII (Foreign Institutional): 1.10%Retail & Others: 16.80%
Sep 2026
QUARTER
73.60% Promoters
8.50% DII (Domestic Institutional)
1.10% FII (Foreign Institutional)
16.80% Retail & Others
Promoter holding - history
Now 73.60% · Sep 2026High 73.60% · Jun 2026Low 73.60% · Jun 2026
72%72.8%73.5%74.3%75%Jun 2026Sep 2026Jun 2026: 73.60%Sep 2026: 73.60%73.60%73.60%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026
Promoters73.60%73.60%
Public26.40%26.40%

Charges & borrowings

Open charges
₹21.1 Cr
Satisfied charges
₹5.45 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹21.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Dec 2023100914148Hdfc Bank Limited₹68.55 LakhOpen
19 Dec 2023100914134Hdfc Bank Limited₹31.8 LakhOpen
17 Mar 2022100565495Hdfc Bank Limited₹12.1 CrOpen
28 Dec 2021100549604Hdfc Bank Limited₹8 CrOpen
27 Dec 2019100322472Others₹20 LakhSatisfied

To see the full charge records of Avana Electrosystems Limited, buy the company report.

Total charge records: 7 View all charges

Credit ratings & regulatory alerts

Avana Electrosystems Limited was last rated by Crisil on 08 Jul 2017.

Rating agencyRated onRating
Crisil08 Jul 2017

To see the full credit ratings and regulatory alerts of Avana Electrosystems Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avana Electrosystems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Avana Electrosystems Limited has a workforce of 153 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
153
Active EPFO establishments
1
Employee growth
20.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27153
FY 2025-26
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 Avana Electrosystems Limited, buy the company report.

GST

Avana Electrosystems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICA6451A1ZVKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Avana Electrosystems Limited, buy the company report.

Recent activity

Avana Electrosystems Limited has 15 board changes on record since 2010: 7 appointments and 8 cessations. The latest: Kondahalli Nagaraj Sreenath ceased to be CFO on 29 Aug 2025.

Filing
Avana Electrosystems Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
AGM
Avana Electrosystems Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Kondahalli Nagaraj Sreenath ceased to be CFO.
Charges
A charge registered on 03 Jan 2011 via Charge ID 10262492 with State Bank Of India was fully satisfied on 21 Aug 2025.
Charges
A charge registered on 27 Dec 2019 via Charge ID 100322472 with Others was fully satisfied on 20 Aug 2025.
Charges
A charge registered on 27 Dec 2019 via Charge ID 100322475 with Others was fully satisfied on 20 Aug 2025.
Appointed
Nama Sreeramaiah Kishore was appointed as Director.
Appointed
Sheela Arvind was appointed as Director.
Appointed
Shital Darak Mandhana was appointed as Director.
Ceased
Dakshayini Rajesh ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 12.10 Cr registered on 17 Mar 2022 with Charge ID 100565495 was modified on 26 Dec 2024.
Ceased
Gururaj Dambal ceased to be Director.

18 earlier events are in the company report.

Frequently asked questions

Avana Electrosystems is an active public limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 16 July 2010 (16+ years old) and is registered under CIN U31400KA2010PLC054508. Listed on NSE: AVANA.

Avana Electrosystems reported revenue of ₹83.86 Cr for FY 2025-26 (up 36.4% YoY) based on standalone financials.

Avana Electrosystems has 7 current directors:

The latest financial statements of Avana Electrosystems on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Avana Electrosystems is 29AAICA6451A1ZV, registered in Karnataka.

The CIN (Corporate Identification Number) of Avana Electrosystems is U31400KA2010PLC054508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Avana Electrosystems is a listed company as per MCA records. Its shares are listed on NSE (symbol: AVANA).

Avana Electrosystems was incorporated on 16 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Avana Electrosystems by revenue are Radhe Renewable Energy Development Private Limited, Evergreen Electricals Private Limited, Maktel Control & Systems Private Limited, Prayog Electricals Private Limited, CMC Manufacturing Company Pvt. Ltd. and 1 more, 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).

Kondahalli Nagaraj Sreenath ceased to be CFO on 29 Aug 2025. Nama Sreeramaiah Kishore was appointed as Director on 04 Aug 2025. Sheela Arvind was appointed as Director on 04 Aug 2025. Avana Electrosystems has 15 board changes on record in total.

Yes, Avana Electrosystems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0047263).