Benaka Switchgear Private Limited
About Benaka Switchgear Private Limited
Data last updated:
Benaka Switchgear Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 25 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31200KA2005PTC036835. Its GSTIN is 29AACCB6848A1ZR (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Thadakalur Sannaveeraiah Shivamurthy (Whole-Time Director) and Hiriyur Govindappa Mamatha.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.3B Pillappa Industrial Area Srigandhadakavalu, Bengaluru, Karnataka, India – 560091.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.5 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹65.47 Lakh (net margin -43.7%) and EBITDA of -₹7.52 Lakh (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
As per MCA filings, the company has open charges of ₹24 Lakh on record. Court records list 21 cases involving the company, including 21 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Benaka Switchgear Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.3B Pillappa Industrial Area Srigandhadakavalu, Bengaluru, Karnataka, India – 560091
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Benaka Switchgear 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 Benaka Switchgear 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 Benaka Switchgear Private Limited, buy the company report.
Financials of Benaka Switchgear Private Limited
FY 2022 filings availableBenaka Switchgear Private Limited reported revenue of ₹1.5 Cr (down 29% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 29% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.5 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹65.47 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5% | ||||
| Net Profit Margin | -43.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Benaka Switchgear Private Limited, buy the company report.
Board of directors of Benaka Switchgear Private Limited
Benaka Switchgear has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thadakalur Sannaveeraiah Shivamurthy Also directs: Gargi Systems Private Limited, Ibit Technologies Private Limited | Whole-Time Director | 25 Jul 2005 | 21 Years 3 Months | Current |
| Hiriyur Govindappa Mamatha Also directs: Gargi Systems Private Limited, Ibit Technologies Private Limited | Director | 16 Nov 2020 | 5 Years 11 Months | Current |
Auditor
Benaka Switchgear Private Limited is audited by YATHIRAJ & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YATHIRAJ & CO | FY 2018 | 008919S |
Shareholding
The shareholding of Benaka Switchgear Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Benaka Switchgear Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2011 | 10283525 | The Karnataka Bank Limited | ₹24 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Benaka Switchgear Private Limited has 21 court cases on record: 21 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Rcube Electric Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Rcube Electric Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sivara Automation and Controls Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sivara Automation and Controls Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Benaka Switchgear 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
No delayed payments to MSME suppliers are on our record for Benaka Switchgear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Benaka Switchgear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB6848A1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Benaka Switchgear Private Limited, buy the company report.
Recent activity
Benaka Switchgear Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Hiriyur Govindappa Mamatha was appointed as Director on 16 Nov 2020.
Frequently asked questions
Benaka Switchgear is an active private limited company based in Bengaluru, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 25 July 2005 (21+ years old) and is registered under CIN U31200KA2005PTC036835.
Benaka Switchgear has 2 current directors:
- Thadakalur Sannaveeraiah Shivamurthy - Whole-Time Director
- Hiriyur Govindappa Mamatha - Director
The latest financial statements of Benaka Switchgear on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Benaka Switchgear is 29AACCB6848A1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Benaka Switchgear is U31200KA2005PTC036835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Benaka Switchgear has 21 court cases on record: 21 filed against it.
Benaka Switchgear was incorporated on 25 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Hiriyur Govindappa Mamatha was appointed as Director on 16 Nov 2020. Kamaiah Mutharaju ceased to be Whole-Time Director on 07 Nov 2020. Thadakalur Sannaveeraiah Shivamurthy was appointed as Whole-Time Director on 25 Jul 2005.
The registered office of Benaka Switchgear is at No.3B Pillappa Industrial Area Srigandhadakavalu, Bengaluru, Karnataka, India – 560091.
Benaka Switchgear operates in the energy and power industry, in the power equipment manufacturers segment.
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