About Chaithanya Precision Private Limited
Data last updated:
Chaithanya Precision Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2013PTC070038. Its GSTIN is 29AAFCC3292C1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vamanamurthy Kantavara and Surendraprasad Kunchitabettu Devarao.
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 # 2/1 Bhavani Shankar Sy.No.37 Bank Of Baroda Colony Puttenahalli, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.25 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹10.85 Lakh (net margin -96.4%) and EBITDA of -₹9.69 Lakh (EBITDA margin -86.1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹35.9 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chaithanyappl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address# 2/1 Bhavani Shankar Sy.No.37 Bank Of Baroda Colony Puttenahalli, Bangalore, Karnataka, India – 560078
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Chaithanya Precision Private Limited
The main business activity of Chaithanya Precision is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Chaithanya Precision Private Limited FY 2024 filings available
Chaithanya Precision Private Limited reported revenue of ₹11.25 Lakh (down 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Chaithanya Precision Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 74% 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 of Chaithanya Precision Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹9.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.85 Lakh | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Chaithanya Precision Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -86.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -96.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chaithanya Precision are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Chaithanya Precision Private Limited
Chaithanya Precision Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultra Precision Tools and Vessels Private Limited | ₹11.45 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| A R F Engineering Private Limited | ₹11.45 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Chennai, Tamil Nadu, India |
| Kruzcon Technocrats Private Limited | ₹11.34 Lakh (FY 2025) | •••• | •••• | •••• | Ambarnath, Maharashtra, India | |
| Apt Drives Solutions Private Limited | ₹11.3 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Coimbatore, Tamil Nadu, India |
| Allgreen Ecotechsolutions Private Limited | ₹11.29 Lakh (FY 2019) | •••• | •••• | -88.0% | •••• | Delhi, India |
| Chaithanya Precision Private Limited this company | ₹11.25 Lakh (FY 2024) | •••• | •••• | -74.0% | •••• | Bangalore, Karnataka, India |
| Alcomotive India Private Limited | ₹11.25 Lakh (FY 2024) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Prasann Techniques Private Limited | ₹11.22 Lakh (FY 2021) | •••• | •••• | -72.0% | •••• | Ahmedabad, Gujarat, India |
| Simexperts Solutions Private Limited | ₹11.17 Lakh (FY 2025) | •••• | •••• | -83.0% | •••• | Pune, Maharashtra, India |
| Segman Technology Private Limited | ₹11.04 Lakh (FY 2021) | •••• | •••• | -25.0% | •••• | Noida, Uttar Pradesh, India |
| Axcis Manufacturing Solution Private Limited | ₹11.02 Lakh (FY 2024) | •••• | •••• | 95.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Chaithanya Precision by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Chaithanya Precision Private Limited
Chaithanya Precision Private Limited is audited by J S NAGPAL & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J S NAGPAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Chaithanya Precision Private Limited
Chaithanya Precision has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vamanamurthy Kantavara | Director | 09 Jul 2013 | 13 Years 3 Months | Current |
| Surendraprasad Kunchitabettu Devarao | Director | 09 Jul 2013 | 13 Years 3 Months | Current |
Ownership and Shareholding of Chaithanya Precision Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Chaithanya Precision Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2013 | Canara Bank | ₹35.9 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Chaithanya Precision Private Limited
Employment history and EPFO contributions of people linked to Chaithanya Precision.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Chaithanya Precision Private Limited
Chaithanya Precision Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Ravindra Somasekhara Rao ceased to be Director on 30 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Chaithanya Precision Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chaithanya Precision Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chaithanya Precision Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Chaithanya Precision Private Limited
Chaithanya Precision has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC3292C1ZR | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chaithanya Precision Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Chaithanya Precision Private Limited
Chaithanya Precision is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 July 2013 (13+ years old) and is registered under CIN U74900KA2013PTC070038.
Chaithanya Precision reported revenue of ₹11.25 Lakh for FY 2024 (down 74% YoY).
Chaithanya Precision has 2 current directors:
- Vamanamurthy Kantavara - Director
- Surendraprasad Kunchitabettu Devarao - Director
Chaithanya Precision reported a net loss of ₹10.85 Lakh (net margin -96.4%) and EBITDA of -₹9.69 Lakh (EBITDA margin -86.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chaithanya Precision is -22% over three years and -25% over five years. In the latest year (FY 2024) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chaithanya Precision is 29AAFCC3292C1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Chaithanya Precision is U74900KA2013PTC070038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chaithanya Precision was incorporated on 09 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Chaithanya Precision by revenue are Ultra Precision Tools and Vessels Private Limited, A R F Engineering Private Limited, Kruzcon Technocrats Private Limited, Apt Drives Solutions Private Limited, Allgreen Ecotechsolutions Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Ravindra Somasekhara Rao ceased to be Director on 30 Mar 2019. Bheemarao Pandramajalu Mahadeva ceased to be Director on 20 Jan 2016. Bheemarao Pandramajalu Mahadeva was appointed as Director on 09 Jul 2013. Chaithanya Precision has 6 board changes on record in total.
Chaithanya Precision can be reached through the website chaithanyappl.com. Its registered office is in Bangalore, Karnataka, India.