
Balaji Powertronics Private Limited
About Balaji Powertronics Private Limited
Data last updated:
Balaji Powertronics Private Limited is a private limited company based in Hospet, Karnataka, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 07 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40100KA2019PTC120089. Its GSTIN is 29AAICB2039D1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhusudana Reddy (Managing Director) and Bapuram Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A.No.20865/A – 6/1 31st Ward Bhagath Singh Nagar, Hospet, Karnataka, India – 583201.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.87 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹47.04 Lakh (net margin 3.7%) and EBITDA of ₹75.36 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The company has about 415 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.23 Cr on record.
Company details
Contact details
Balaji Powertronics Private Limited's registered office is in Hospet, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA.No.20865/A – 6/1 31st Ward Bhagath Singh Nagar, Hospet, Karnataka, India – 583201
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Balaji Powertronics 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 Balaji Powertronics is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Balaji Powertronics Private Limited, buy the company report.
Financials of Balaji Powertronics Private Limited
FY 2023 filings availableBalaji Powertronics Private Limited reported revenue of ₹12.87 Cr (up 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 24% growth in the latest year. EBITDA rose 16% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹75.36 Lakh | ||||
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| Net Profit (PAT) | ₹47.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Balaji Powertronics Private Limited, buy the company report.
Board of directors of Balaji Powertronics Private Limited
Balaji Powertronics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bapuram Lakshmi | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Madhusudana Reddy | Managing Director | 07 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Balaji Powertronics Private Limited is audited by G SOORAPPA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G SOORAPPA | FY 2023 | 018207 |
Shareholding
The shareholding of Balaji Powertronics Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Balaji Powertronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2025 | 101230718 | State Bank of India | ₹1.5 Cr | Open | |
| 12 Jan 2024 | 100914717 | Hdfc Bank Limited | ₹10.09 Lakh | Open | |
| 28 Nov 2023 | 100914079 | Hdfc Bank Limited | ₹36.13 Lakh | Open | |
| 19 Oct 2023 | 100891449 | Hdfc Bank Limited | ₹26.28 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Balaji Powertronics Private 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
Balaji Powertronics Private Limited was last rated by Indiarating on 16 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 16 Feb 2022 |
To see the full credit ratings and regulatory alerts of Balaji Powertronics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balaji Powertronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balaji Powertronics Private Limited has a workforce of 415 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Balaji Powertronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB2039D1ZW | Karnataka | Active | 02 Mar 2019 |
To see the full GST registrations and return filing status of Balaji Powertronics Private Limited, buy the company report.
Recent activity
Balaji Powertronics Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Bapuram Lakshmi ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Balaji Powertronics is an active private limited company based in Hospet, Karnataka, India. The company works in power epc, within the energy and power industry. It was incorporated on 07 January 2019 (7+ years old) and is registered under CIN U40100KA2019PTC120089.
Balaji Powertronics has 2 current directors:
- Madhusudana Reddy - Managing Director
- Bapuram Lakshmi - Director
The latest financial statements of Balaji Powertronics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Balaji Powertronics is 29AAICB2039D1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Balaji Powertronics is U40100KA2019PTC120089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Powertronics was incorporated on 07 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Bapuram Lakshmi ceased to be Additional Director on 31 Dec 2020. Bapuram Lakshmi was appointed as Director on 15 Sep 2020. Gulfishan ceased to be Director on 15 Sep 2020. Balaji Powertronics has 5 board changes on record in total.
The registered office of Balaji Powertronics is at A.No.20865A – 61 31st Ward Bhagath Singh Nagar, Hospet, Karnataka, India – 583201.
Balaji Powertronics operates in the energy and power industry, in the power epc segment.
Balaji Powertronics has open charges of ₹2.23 Cr and no satisfied charges on record as per latest MCA filings.