- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0047263

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 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.
| CIN | Status |
|---|---|
| U31400KA2010PLC054508 | Current |
| U31400KA2010PTC054508 | Previous |
Recognitions & Rankings of Avana Electrosystems
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
- Website
- Registered AddressNo. 8 Plot No.35 1st Main Road, 2nd Phase Peenya Industrial Area Nelagadaranahalli Village, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Avana Electrosystems Limited, buy the company report.
- 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
Brands
Avana Electrosystems operates one associated brand: AVANA ELECTROSYSTEMS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 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 Avana Electrosystems Limited, buy the company report.
Financials of Avana Electrosystems Limited
FY 2025-26 filings availableAvana Electrosystems Limited reported revenue of ₹83.86 Cr (up 36.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 83.86 | 61.49 | 52.99 | 28.41 | 20.43 | 14.95 | 22.56 |
| Revenue growth | +36.4% | +16.0% | +86.5% | +39.1% | +36.7% | -33.7% | - |
| EBITDA | 16.33 | 11.92 | 7.05 | 1.94 | 0.78 | 0.65 | 1.32 |
| EBITDA margin | +19.5% | +19.4% | +13.3% | +6.8% | +3.8% | +4.4% | +5.9% |
| Profit before tax | 15.79 | 11.70 | 5.86 | 1.20 | 0.56 | 0.38 | 1.55 |
| Net profit | 11.70 | 8.47 | 4.02 | 0.95 | 0.41 | 0.28 | 1.21 |
| Net profit margin | +14.0% | +13.8% | +7.6% | +3.3% | +2.0% | +1.9% | +5.4% |
| EPS (₹) | 5.18 | 106.67 | 50.67 | 11.62 | 4.99 | 3.42 | 13.82 |
| Balance sheet | |||||||
| Total assets | 62.79 | 31.53 | 22.76 | 16.80 | 13.54 | 12.00 | 11.13 |
| Net worth | 59.08 | 21.80 | 13.48 | 9.46 | 8.54 | 8.31 | 8.85 |
| Total debt | 0.76 | 5.69 | 9.28 | 7.33 | 5.00 | 3.68 | 2.28 |
| Cash & bank | 27.83 | 5.31 | 3.78 | 3.10 | 2.30 | 2.96 | 3.38 |
| Net working capital | 52.22 | 27.87 | 18.27 | 14.23 | 11.05 | 9.45 | 8.50 |
| Cash flow | |||||||
| Cash from operations | 7.95 | 5.73 | 0.95 | (0.32) | 0.06 | 1.28 | (0.06) |
| Cash from investing | (9.35) | (0.99) | (1.10) | (1.19) | (0.04) | (0.04) | (0.14) |
| Cash from financing | 19.78 | (4.50) | 0.83 | 2.31 | (0.69) | (1.65) | 0.78 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 83.86 | 61.49 | 52.99 | 28.41 | 20.43 | 14.95 | 22.56 |
| Revenue growth | +36.4% | +16.0% | +86.5% | +39.1% | +36.7% | -33.7% | - |
| Other income | 0.97 | 1.45 | 0.27 | 0.18 | 0.36 | 0.35 | 0.85 |
| Total expenses | 67.53 | 49.57 | 45.94 | 26.47 | 19.65 | 14.30 | 21.24 |
| Employee cost | 10.60 | 8.86 | 5.89 | 4.77 | 2.22 | 2.40 | 2.87 |
| EBITDA | 16.33 | 11.92 | 7.05 | 1.94 | 0.78 | 0.65 | 1.32 |
| EBITDA margin | +19.5% | +19.4% | +13.3% | +6.8% | +3.8% | +4.4% | +5.9% |
| Depreciation | 0.65 | 0.76 | 0.35 | 0.12 | 0.11 | 0.15 | 0.20 |
| Interest | 0.86 | 0.91 | 1.11 | 0.80 | 0.47 | 0.47 | 0.42 |
| Profit before tax | 15.79 | 11.70 | 5.86 | 1.20 | 0.56 | 0.38 | 1.55 |
| Tax | 4.07 | 3.23 | 1.84 | 0.25 | 0.15 | 0.10 | 0.34 |
| Net profit | 11.70 | 8.47 | 4.02 | 0.95 | 0.41 | 0.28 | 1.21 |
| Net profit margin | +14.0% | +13.8% | +7.6% | +3.3% | +2.0% | +1.9% | +5.4% |
| EPS (₹) | 5.18 | 106.67 | 50.67 | 11.62 | 4.99 | 3.42 | 13.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 22.65 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.88 |
| Reserves & surplus | 36.43 | 21.01 | 12.69 | 8.67 | 7.75 | 7.52 | 7.97 |
| Shareholders' funds (net worth) | 59.08 | 21.80 | 13.48 | 9.46 | 8.54 | 8.31 | 8.85 |
| Secured loans | 0.76 | 5.03 | 5.26 | 2.61 | 4.41 | 2.54 | 0.62 |
| Unsecured loans | 0.00 | 0.66 | 4.02 | 4.72 | 0.59 | 1.14 | 1.66 |
| Total debt | 0.76 | 5.69 | 9.28 | 7.33 | 5.00 | 3.68 | 2.28 |
| Total liabilities | 62.79 | 31.53 | 22.76 | 16.80 | 13.54 | 12.00 | 11.13 |
| Assets | |||||||
| Gross block | 8.82 | 6.26 | 6.03 | 3.90 | 3.76 | 3.72 | 3.68 |
| Net block | 5.32 | 3.26 | 3.79 | 2.01 | 1.99 | 2.06 | 2.17 |
| Capital work in progress | 4.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 22.43 | 14.71 | 11.93 | 7.70 | 5.41 | 4.02 | 4.16 |
| Sundry debtors | 22.21 | 21.19 | 14.84 | 11.16 | 6.95 | 4.56 | 4.60 |
| Cash & bank balances | 27.83 | 5.31 | 3.78 | 3.10 | 2.30 | 2.96 | 3.38 |
| Loans & advances | 1.73 | 3.51 | 3.03 | 4.00 | 2.91 | 2.95 | 2.64 |
| Total current assets | 74.20 | 44.72 | 33.58 | 25.96 | 17.57 | 14.49 | 14.78 |
| Total current liabilities | 21.98 | 16.85 | 15.31 | 11.73 | 6.52 | 5.04 | 6.28 |
| Net working capital | 52.22 | 27.87 | 18.27 | 14.23 | 11.05 | 9.45 | 8.50 |
| Total assets | 62.79 | 31.53 | 22.76 | 16.80 | 13.54 | 12.00 | 11.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.25 | 0.01 | 3.10 | 2.30 | 2.96 | 3.38 | 2.80 |
| Net cash from operating activities | 7.95 | 5.73 | 0.95 | (0.32) | 0.06 | 1.28 | (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 activities | 19.78 | (4.50) | 0.83 | 2.31 | (0.69) | (1.65) | 0.78 |
| Net change in cash | 18.38 | 0.24 | 0.68 | 0.80 | (0.67) | (0.41) | 0.58 |
| Closing cash | 27.83 | 5.31 | 3.78 | 3.10 | 2.30 | 2.96 | 3.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.08 | 0.42 | 0.72 | 0.77 | 0.52 | 0.35 | 0.26 |
| Long-term debt / equity | 0.02 | 0.12 | 0.23 | 0.25 | 0.04 | 0.12 | 0.16 |
| Interest cover | 5.48 | 8.15 | 16.57 | 43.96 | 70.15 | 94.00 | 37.50 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 11.12 | 10.01 | 10.67 | 7.28 | 5.46 | 4.04 | 6.13 |
| Inventory turnover | 4.52 | 4.62 | 5.40 | 3.69 | 4.33 | 3.66 | 5.42 |
| Debtors turnover | 3.86 | 3.41 | 4.08 | 2.55 | 3.55 | 3.26 | 4.90 |
| EPS (₹) | 5.18 | 106.67 | 50.67 | 11.62 | 4.99 | 3.42 | 13.82 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 26.09 | 274.52 | 169.85 | 119.18 | 107.55 | 104.68 | 100.53 |
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheela Arvind Also directs: Pasari Spinning Mills Limited, Applied Realtech Systems Private Limited, Sam Infoways India Private Limited and 2 more | Director | 04 Aug 2025 | 1 Years 3 Months | Current |
| Gururaj Dambal | Whole-Time Director | 16 Jul 2010 | 16 Years 3 Months | Current |
| Kondahalli Nagaraj Sreenath | Director | 16 Jul 2010 | 16 Years 3 Months | Current |
| Panish Anantharamaiah | Managing Director | 16 Jul 2010 | 16 Years 3 Months | Current |
| Shital Darak Mandhana Also directs: Spectraa Technology Solutions Limited | Director | 04 Aug 2025 | 1 Years 3 Months | Current |
| Vinod Kumar Sampatkumar | Whole-Time Director | 16 Jul 2010 | 16 Years 3 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avana Electrosystems Limitedthis company | ₹83.86 Cr (FY 2026) | ₹11.7 Cr | 14% | 36.4% | 153 | Bangalore, 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 firm | Financial year | Firm registration number |
|---|---|---|
| VASANTH AND CO | FY 2023 | 008204S |
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%.
| Sep 2026 | Jun 2026 | |
|---|---|---|
| Promoters | 73.60% | 73.60% |
| Public | 26.40% | 26.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2023 | 100914148 | Hdfc Bank Limited | ₹68.55 Lakh | Open | |
| 19 Dec 2023 | 100914134 | Hdfc Bank Limited | ₹31.8 Lakh | Open | |
| 17 Mar 2022 | 100565495 | Hdfc Bank Limited | ₹12.1 Cr | Open | |
| 28 Dec 2021 | 100549604 | Hdfc Bank Limited | ₹8 Cr | Open | |
| 27 Dec 2019 | 100322472 | Others | ₹20 Lakh | Satisfied |
To see the full charge records of Avana Electrosystems Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Avana Electrosystems Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Avana Electrosystems Limited was last rated by Crisil on 08 Jul 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 08 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.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 153 |
| 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA6451A1ZV | Karnataka | Active | 01 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.
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:
- Panish Anantharamaiah - Managing Director
- Gururaj Dambal - Whole-Time Director
- Vinod Kumar Sampatkumar - Whole-Time Director
- Sheela Arvind - Director
- Kondahalli Nagaraj Sreenath - Director
- Shital Darak Mandhana - Director
- Nama Sreeramaiah Kishore - Director
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).

