Avonix Electric Private Limited
About Avonix Electric Private Limited
Data last updated:
Avonix Electric Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 11 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2013PTC067828. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mavila Veetil Rajan Nambiar and Padmanabhan Chedambath.
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 No.33 1st Main Road N.R.Colony Basavanagudi, Bengaluru, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹94.85 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹5.34 Lakh (net margin -5.6%) and EBITDA of -₹5.2 Lakh (EBITDA margin -5.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avonix Electric Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.33 1st Main Road N.R.Colony Basavanagudi, Bengaluru, Karnataka, India – 560004
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Avonix Electric Private 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
Business activity
The main business activity of Avonix Electric is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avonix Electric Private Limited, buy the company report.
Financials of Avonix Electric Private Limited
FY 2025 filings availableAvonix Electric Private Limited reported revenue of ₹94.85 Lakh (down 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 56% fall in the latest year. EBITDA rose 65% 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 |
|---|---|---|---|---|---|
| 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 | -₹5.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.34 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.5% | ||||
| Net Profit Margin | -5.6% | ||||
| 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 Avonix Electric Private Limited, buy the company report.
Board of directors of Avonix Electric Private Limited
Avonix Electric has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mavila Veetil Rajan Nambiar | Director | 11 Feb 2013 | 13 Years 8 Months | Current |
| Padmanabhan Chedambath Also directs: Multiline Polymers Private Limited, Multiline Industries Private Limited, Multiline Energy Equipments Private Limited and 1 more | Additional Director | 24 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Avonix Electric Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wealthstreet Finmart Private Limited | ₹94.89 Lakh (FY 2025) | -92.0% | Ahmedabad, Gujarat, India | |||
| Kotsons Metalicks Private Limited | ₹94.88 Lakh (FY 2024) | 130.0% | Bhubaneswar, Odisha, India | |||
| Tea and Toast Private Limited | ₹94.87 Lakh (FY 2023) | 1.0% | New Delhi, Delhi, India | |||
| Ish Foods and Hospitality Private Limited | ₹94.87 Lakh (FY 2025) | -17.0% | Faridabad, Haryana, India | |||
| Asim Plast Private Limited | ₹94.86 Lakh (FY 2025) | 49.0% | Surat, Gujarat, India | |||
| Avonix Electric Private Limitedthis company | ₹94.85 Lakh (FY 2024) | -₹5.34 Lakh | -5.6% | -56.0% | Bengaluru, Karnataka, India | |
| Cytochem Healthcare (India) Private Limited | ₹94.85 Lakh (FY 2024) | -5.0% | Lucknow, Uttar Pradesh, India | |||
| Trident Home Textiles Limited | ₹94.84 Lakh (FY 2025) | -1.0% | Barnala, Punjab, India | |||
| Casmart Systems Private Limited | ₹94.82 Lakh (FY 2025) | 9.0% | Uttar Pradesh, India | |||
| Amogeo ITES India Limited | ₹94.81 Lakh (FY 2019) | -67.0% | New Delhi, Delhi, India | |||
| Crangon Aquaventure Private Limited | ₹94.81 Lakh (FY 2023) | 249.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Avonix Electric Private Limited, buy the company report.
Auditor
Avonix Electric Private Limited is audited by K.B.NAMBIAR AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.B.NAMBIAR AND ASSOCIATES | FY 2017 | 002313S |
Shareholding
The shareholding of Avonix Electric Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avonix Electric Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avonix Electric Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avonix Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avonix Electric has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avonix Electric Private Limited, buy the company report.
Recent activity
Avonix Electric Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Kuruppassery Kochouseph Tomy ceased to be Additional Director on 12 Dec 2020.
Frequently asked questions
Avonix Electric is an active private limited company based in Bengaluru, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 11 February 2013 (13+ years old) and is registered under CIN U74900KA2013PTC067828.
Avonix Electric has 2 current directors:
- Mavila Veetil Rajan Nambiar - Director
- Padmanabhan Chedambath - Additional Director
The latest financial statements of Avonix Electric 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.
No. Avonix Electric has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avonix Electric is U74900KA2013PTC067828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avonix Electric was incorporated on 11 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Avonix Electric by revenue are Wealthstreet Finmart Private Limited, Kotsons Metalicks Private Limited, Tea and Toast Private Limited, Ish Foods and Hospitality Private Limited, Asim Plast Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Kuruppassery Kochouseph Tomy ceased to be Additional Director on 12 Dec 2020. Kuruppassery Kochouseph Tomy was appointed as Additional Director on 24 Aug 2015. Nirmala Nambiar ceased to be Director on 24 Aug 2015. Avonix Electric has 6 board changes on record in total.
The registered office of Avonix Electric is at No.33 1st Main Road N.R.Colony Basavanagudi, Bengaluru, Karnataka, India – 560004.
Avonix Electric operates in the trading industry, in the other wholesale segment.
The compliance status of Avonix Electric is compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.