MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0042797
Banavathy Power Systems Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.35 Cr
▲ 31% YoY
Net profit · FY 2025
₹1.96 Cr
Net margin 4.2%
EBITDA · FY 2025
₹4.15 Cr
EBITDA margin 8.9%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹67.74 Lakh
Issued & subscribed
Open charges
₹29.48 Cr
Satisfied ₹3.72 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
73
Provident fund records
About Banavathy Power Systems Private Limited
Data last updated:
Banavathy Power Systems Private Limited is a private 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 03 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29248KA1998PTC023342. Its GSTIN is 29AABCK4984B1ZG (Karnataka).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹67.74 Lakh. It was formerly known as Kash Fabror Private Limited. It is led by directors including Ramachandra Bhagwat and Vyvaswatha Kalyana Sundaram Banavathy.
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 376/A 10th Cross 4th Phasepeenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.35 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Cr (net margin 4.2%) and EBITDA of ₹4.15 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Banavathy Power Systems Pvt Ltd. As per MCA filings, the company has open charges of ₹29.48 Cr and satisfied charges of ₹3.72 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹49.1 Lakh; the latest was in August 2022. Its 4 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, 2 larger and 2 smaller; the largest is Gujarat Plug-In Devices Pvt Ltd with revenue of ₹46.57 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 26 overdue payments to 18 micro and small suppliers.
Banavathy Power Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0042797). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banavathypowersystems.com.
Company details
CIN U29248KA1998PTC023342
Registration Number 023342
Incorporation Date 03 February 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0042797
Key People
Ramachandra Bhagwat Director Vyvaswatha Kalyana Sundaram Banavathy Director Banavathy Kalyanasundaram Vinayachandra Director Recognitions & Rankings of Banavathy Power Systems
Contact details
Banavathy Power Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is banavathypowersystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address376/A 10th Cross 4th Phasepeenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Banavathy Power Systems Private Limited, buy the company report.
Comprehensive company report
Banavathy Power Systems 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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Brands
Banavathy Power Systems operates one associated brand: Banavathy Power Systems Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power systems solutions including switchgear panels and battery chargers for energy and industrial sectors. | banavathy.com |
Business activity
The main business activity of Banavathy Power Systems 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 Banavathy Power Systems Private Limited, buy the company report.
Financials of Banavathy Power Systems Private Limited
FY 2025 filings availableBanavathy Power Systems Private Limited reported revenue of ₹46.35 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹46.35 Cr ▲ 31%
Net profit · FY 2025
₹1.96 Cr margin 4.2%
EBITDA · FY 2025
₹4.15 Cr margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 10%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 31% growth in the latest year. EBITDA rose 74% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.96 Cr | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Banavathy Power Systems Private Limited, buy the company report.
Board of directors of Banavathy Power Systems Private Limited
Banavathy Power Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandra Bhagwat Also directs: Enmeru Technologies Private Limited | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Vyvaswatha Kalyana Sundaram Banavathy Also directs: Proenviro Consultancies Private Limited | Director | 10 Dec 2004 | 21 Years 11 Months | Current |
| Banavathy Kalyanasundaram Vinayachandra | Director | 04 Dec 2015 | 10 Years 11 Months | Current |
Peer comparison
Banavathy Power Systems Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Gujarat Plug-In Devices Pvt Ltd | ₹46.57 Cr (FY 2025) | -14.0% | Vadodara, Gujarat, India | |||
| Karolia Lighting Private Limited | ₹46.56 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Banavathy Power Systems Private Limitedthis company | ₹46.35 Cr (FY 2025) | ₹1.96 Cr | 4.2% | 31.0% | 73 | Bangalore, Karnataka, India |
| Silverline Electricals Private Limited | ₹46.24 Cr (FY 2025) | 34.0% | Sanaswadi, Maharashtra, India | |||
| Allied Moulded Enclosure Products (India) Private Limited | ₹46.16 Cr (FY 2024) | 193.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Banavathy Power Systems Private Limited, buy the company report.
Auditor
Banavathy Power Systems Private Limited is audited by Sudhakar Pai Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudhakar Pai Associates | FY 2023 | 004171S |
Shareholding
The shareholding of Banavathy Power Systems 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 Banavathy Power Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.48 Cr
Satisfied charges
₹3.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2024 | 100864725 | Sidbi | ₹1.4 Cr | Open | |
| 20 Nov 2019 | 100303283 | Sidbi | ₹1.4 Cr | Open | |
| 25 Jul 2018 | 100217658 | Others | ₹26.43 Cr | Open | |
| 18 Feb 2013 | 10419468 | Others | ₹25 Lakh | Open | |
| 23 Oct 2020 | 100380792 | Sidbi | ₹28 Lakh | Satisfied |
To see the full charge records of Banavathy Power Systems Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Banavathy Power Systems Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹49.1 Lakh; the latest was in August 2022.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹49.1 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2018 | Funding round | ₹49.1 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Banavathy Power Systems Private Limited has 1 court case on record: 1 filed by Banavathy Power Systems. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Paras Power Engineering Private Limited and 2 others | Disposed |
To see the full case history of Banavathy Power Systems 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
Banavathy Power Systems Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 26 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Varna Coats Pvt Ltd | |||
| an individual supplier | |||
| Precision Fab | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Banavathy Power Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Banavathy Power Systems Private Limited has a workforce of 73 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
25.86%
GST
Banavathy Power Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCK4984B1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Banavathy Power Systems Private Limited, buy the company report.
Recent activity
Banavathy Power Systems Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Shashikala ceased to be Director on 30 Nov 2022.
AGM
Banavathy Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Banavathy Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 03 May 2019 via Charge ID 100263020 with State Bank Of India was fully satisfied on 15 May 2024.
Charges
A charge registered on 23 Oct 2020 via Charge ID 100380792 with Sidbi was fully satisfied on 02 Feb 2024.
Charges
A charge with Sidbi amounted to Rs. 1.40 Cr with Charge ID 100864725 was registered on 18 Jan 2024.
Charges
A charge registered on 28 Mar 2019 via Charge ID 100263026 with State Bank Of India was fully satisfied on 22 Dec 2023.
Charges
A charge with Others of Rs. 26.43 Cr registered on 25 Jul 2018 with Charge ID 100217658 was modified on 16 Jan 2023.
Ceased
Shashikala ceased to be Director.
Ceased
Venkatasubbarao Kalyanasundaram Narayanarao ceased to be Director.
Appointed
Ramachandra Bhagwat was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 0.28 Cr with Charge ID 100380792 was registered on 23 Oct 2020.
Charges
A charge with Sidbi amounted to Rs. 1.40 Cr with Charge ID 100303283 was registered on 20 Nov 2019.
11 earlier events are in the company report.
Frequently asked questions
Banavathy Power Systems is an active 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 03 February 1998 (28+ years old) and is registered under CIN U29248KA1998PTC023342.
Banavathy Power Systems has 3 current directors:
- Ramachandra Bhagwat - Director
- Vyvaswatha Kalyana Sundaram Banavathy - Director
- Banavathy Kalyanasundaram Vinayachandra - Director
The latest financial statements of Banavathy Power Systems 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.
The GSTIN of Banavathy Power Systems is 29AABCK4984B1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Banavathy Power Systems is U29248KA1998PTC023342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banavathy Power Systems has 1 court case on record: 1 filed by the company.
Banavathy Power Systems was incorporated on 03 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Banavathy Power Systems has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹49.1 Lakh; the latest was in August 2022.
The peers of Banavathy Power Systems by revenue are Gujarat Plug-In Devices Pvt Ltd, Karolia Lighting Private Limited, Silverline Electricals Private Limited, Allied Moulded Enclosure Products (India) Private 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).
Shashikala ceased to be Director on 30 Nov 2022. Venkatasubbarao Kalyanasundaram Narayanarao ceased to be Director on 30 Nov 2022. Ramachandra Bhagwat was appointed as Director on 25 Aug 2022. Banavathy Power Systems has 5 board changes on record in total.
Yes, Banavathy Power Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0042797).
Banavathy Power Systems has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 26 overdue payments to 18 micro and small suppliers. The latest return was filed on 31 May 2019.
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