
About Busbar Systems (India) Limited
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Busbar Systems (India) Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Godrej And Boyce Manufacturing Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 18 February 2009.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U31200KA2009PLC049167. Its GSTIN is 29AADCB6962A2ZQ (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Busbar Systems (India) Private Limited. It was led by directors including Purvez Kersi Gandhi and Percy Eruch Fouzdar.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No 4N. Dabospet Industrial Estate Bangalore(Rural), Karnataka, India – 562111.
As per the financials filed for FY 2016, the company reported a revenue of ₹27.44 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.85 Cr (net margin 14%) and EBITDA of ₹6.55 Cr (EBITDA margin 23.9%).
The company had about 72 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is busbarducts.com.
Company details
CIN history
Busbar Systems (India) has one previous CIN (Corporate Identification Number): U31200KA2009PTC049167. The current CIN is U31200KA2009PLC049167, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200KA2009PLC049167 | Current |
| U31200KA2009PTC049167 | Previous |
Contact details
Busbar Systems (India) Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressNo 4N. Dabospet Industrial Estate Bangalore(Rural), Karnataka, India – 562111
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Busbar Systems (India) 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 Busbar Systems (India) Limited, buy the company report.
Financials of Busbar Systems (India) Limited
FY 2016 filings availableBusbar Systems (India) Limited reported revenue of ₹27.44 Cr (up 266% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 266% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹6.55 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.85 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 | ||
| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 23.9% | |
| Net Profit Margin | 14% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
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| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Busbar Systems (India) Limited, buy the company report.
Board of directors of Busbar Systems (India) Limited
Busbar Systems (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purvez Kersi Gandhi | Director | 29 Mar 2014 | 12 Years 6 Months | As last reported |
| Percy Eruch Fouzdar Also directs: Godrej Enterprises Private Limited, Godrej Infotech Limited, Parakh Agencies Private Limited and 4 more | Director | 31 Jan 2013 | 13 Years 8 Months | As last reported |
| George Martin Menezes | Director | 27 Oct 2015 | 10 Years 11 Months | As last reported |
Peer comparison
Busbar Systems (India) Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Trinitron Control Systems Private Limited | ₹27.58 Cr (FY 2025) | 90.0% | New Delhi, Delhi, India | |||
| A-Bond Strands Private Limited | ₹27.57 Cr (FY 2025) | 51.0% | Chengalpattu, Tamil Nadu, India | |||
| Sukrut Electric Company Private Limited | ₹27.46 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India | |||
| Busbar Systems (India) Limitedthis company | ₹27.44 Cr (FY 2016) | ₹3.85 Cr | 14% | 266.0% | Bangalore, Karnataka, India | |
| Genset India Pvt Ltd | ₹27.3 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Miracle Electronic Devices Private Limited | ₹27.28 Cr (FY 2024) | -26.0% | Bangalore, Karnataka, India | |||
| Kiran Power Rectification Services Private Limited | ₹27.23 Cr (FY 2025) | 0.0% | Anekal, Karnataka, India |
To see the full peer comparison of Busbar Systems (India) Limited, buy the company report.
Legal cases
Busbar Systems (India) Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (REF) | Filed against the company by an individual | Disposed |
To see the full case history of Busbar Systems (India) 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 Busbar Systems (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Busbar Systems (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB6962A2ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Busbar Systems (India) Limited, buy the company report.
Recent activity
Busbar Systems (India) Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: George Martin Menezes ceased to be Additional Director on 26 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Busbar Systems (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Busbar Systems (India) was a public limited company based in Bangalore, Karnataka, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 18 February 2009 and is registered under CIN U31200KA2009PLC049167. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Busbar Systems (India) was incorporated on 18 February 2009. It is registered with the Registrar of Companies, Bangalore.
Busbar Systems (India) had 3 directors:
- Purvez Kersi Gandhi - Director
- Percy Eruch Fouzdar - Director
- George Martin Menezes - Director
The CIN (Corporate Identification Number) of Busbar Systems (India) is U31200KA2009PLC049167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Busbar Systems (India) is at No 4N. Dabospet Industrial Estate BangaloreRural, Karnataka, India – 562111.
Busbar Systems (India) can be reached through the website busbarducts.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Busbar Systems (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Busbar Systems (India) is 29AADCB6962A2ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Busbar Systems (India) operated in the energy and power industry, in the power equipment manufacturers segment.
The peers of Busbar Systems (India) by revenue are Trinitron Control Systems Private Limited, A-Bond Strands Private Limited, Sukrut Electric Company Private Limited, Genset India Pvt Ltd, Miracle Electronic Devices Private Limited and 1 more, 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).