MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-07-0010057
Basaveshwar Electricals Private Limited - energy and power in Bijapur, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹33.44 Cr
▼ 31% YoY
Net profit · FY 2024
₹1.42 Cr
Net margin 4.2%
EBITDA · FY 2024
₹3.09 Cr
EBITDA margin 9.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.71 Cr
Issued & subscribed
Open charges
₹20.16 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
7
Provident fund records
About Basaveshwar Electricals Private Limited
Data last updated:
Basaveshwar Electricals Private Limited is a private limited company based in Bijapur, Karnataka, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 30 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2013PTC068838. Its GSTIN is 29AAFCB4752J1ZE (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.71 Cr. It is led by directors Mahadevayya Veerayya Gachinmath (Managing Director) and Gachinamath Mahadevayya Shobha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bijapur, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.44 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 4.2%) and EBITDA of ₹3.09 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 20% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.16 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Basaveshwar Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-07-0010057). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website basaveshwarelectricals.com.
Company details
CIN U93000KA2013PTC068838
Registration Number 068838
Incorporation Date 30 April 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-07-0010057
Key People
Mahadevayya Veerayya Gachinmath Managing Director Gachinamath Mahadevayya Shobha Director Recognitions & Rankings of Basaveshwar Electricals
Contact details
Basaveshwar Electricals Private Limited's registered office is in Bijapur, Karnataka. Its website is basaveshwarelectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 12 Mallikarjun Layout Opp. Reliance Office Managuli Road Gan, Eshnagar, Bijapur, Karnataka, India – 586101
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Basaveshwar Electricals Private Limited, buy the company report.
Comprehensive company report
Basaveshwar Electricals 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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Business activity
The main business activity of Basaveshwar Electricals is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Basaveshwar Electricals Private Limited, buy the company report.
Financials of Basaveshwar Electricals Private Limited
FY 2024 filings availableBasaveshwar Electricals Private Limited reported revenue of ₹33.44 Cr (down 31% YoY) for FY 2024.
Revenue · FY 2024
₹33.44 Cr ▼ 31%
Net profit · FY 2024
₹1.42 Cr margin 4.2%
EBITDA · FY 2024
₹3.09 Cr margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 20%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 9%
5 years · compounded
▲ 15%
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 24% 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 |
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| EBITDA | ₹3.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Basaveshwar Electricals Private Limited, buy the company report.
Board of directors of Basaveshwar Electricals Private Limited
Basaveshwar Electricals has 2 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 |
|---|---|---|---|---|
| Gachinamath Mahadevayya Shobha Also directs: Mylar Infra Private Limited | Director | 30 Apr 2013 | 13 Years 5 Months | Current |
| Mahadevayya Veerayya Gachinmath Also directs: Mylar Infra Private Limited | Managing Director | 30 Apr 2013 | 13 Years 5 Months | Current |
Peer comparison
Basaveshwar Electricals Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Litura Electrical Technologies Private Limited | ₹34 Cr (FY 2025) | 158.0% | Mumbai, Maharashtra, India | |||
| Green Sparrow Solar Nest Private Limited | ₹33.49 Cr (FY 2025) | 9.0% | Dindigul, Tamil Nadu, India | |||
| Basaveshwar Electricals Private Limitedthis company | ₹33.44 Cr (FY 2024) | ₹1.42 Cr | 4.2% | -31.0% | 7 | Bijapur, Karnataka, India |
| Sesola Power Projects Private Limited | ₹33.07 Cr (FY 2025) | -54.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Basaveshwar Electricals Private Limited, buy the company report.
Auditor
Basaveshwar Electricals Private Limited is audited by VIJAY PANCHAPPA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY PANCHAPPA AND CO | FY 2023 | 004693S |
Shareholding
The shareholding of Basaveshwar Electricals 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Basaveshwar Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2013 | 10624281 | State Bank of India | ₹20.16 Cr | Open |
To see the full charge records of Basaveshwar Electricals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Basaveshwar Electricals Private Limited has 1 court case on record: 1 filed by Basaveshwar Electricals. 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 Jharkhand | Writ petition | Filed by the company against Jharkhand Urja Sancharan Nigam Limited , Through Its Managing Director and 6 others | Disposed |
To see the full case history of Basaveshwar Electricals 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.
Credit ratings & regulatory alerts
Basaveshwar Electricals Private Limited was last rated by Crisil on 09 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Mar 2020 |
To see the full credit ratings and regulatory alerts of Basaveshwar Electricals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Basaveshwar Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Basaveshwar Electricals Private Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
133.33%
GST
Basaveshwar Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB4752J1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Basaveshwar Electricals Private Limited, buy the company report.
Recent activity
Basaveshwar Electricals Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Ramakrishna Venkareddy Tarikoppad ceased to be Director on 31 Mar 2022.
AGM
Basaveshwar Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Basaveshwar Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 20.16 Cr registered on 15 Oct 2013 with Charge ID 10624281 was modified on 07 Dec 2023.
Ceased
Ramakrishna Venkareddy Tarikoppad ceased to be Director.
Ceased
Shilpa Ramakrishna Tarikoppada ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 20.16 Cr with Charge ID 10624281 was registered on 15 Oct 2013.
Appointed
Gachinamath Mahadevayya Shobha was appointed as Director.
Appointed
Mahadevayya Veerayya Gachinmath was appointed as Managing Director.
Incorporation
30 Apr 2013
Basaveshwar Electricals Private Limited was registered on 30 Apr 2013 with Roc Bangalore & aged 13 years 5 months as per MCA records.
Frequently asked questions
Basaveshwar Electricals is an active private limited company based in Bijapur, Karnataka, India. The company works in power epc, within the energy and power industry. It was incorporated on 30 April 2013 (13+ years old) and is registered under CIN U93000KA2013PTC068838.
Basaveshwar Electricals has 2 current directors:
- Mahadevayya Veerayya Gachinmath - Managing Director
- Gachinamath Mahadevayya Shobha - Director
The latest financial statements of Basaveshwar Electricals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Basaveshwar Electricals is 29AAFCB4752J1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Basaveshwar Electricals is U93000KA2013PTC068838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basaveshwar Electricals has 1 court case on record: 1 filed by the company.
Basaveshwar Electricals was incorporated on 30 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Basaveshwar Electricals by revenue are Litura Electrical Technologies Private Limited, Green Sparrow Solar Nest Private Limited, Sesola Power Projects Private Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Ramakrishna Venkareddy Tarikoppad ceased to be Director on 31 Mar 2022. Shilpa Ramakrishna Tarikoppada ceased to be Director on 31 Mar 2022. Gachinamath Mahadevayya Shobha was appointed as Director on 30 Apr 2013. Basaveshwar Electricals has 4 board changes on record in total.
Yes, Basaveshwar Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-KR-07-0010057).
Basaveshwar Electricals can be reached through the website basaveshwarelectricals.com. Its registered office is in Bijapur, Karnataka, India.