About Comfort Elevators & Escalators Private Limited
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Comfort Elevators & Escalators Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 26 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC075076. Its GSTIN is 29AAFCC7022C1ZZ (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Asha Dasappa and Mohan Kumar Belagawadi Thimmegowda.
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 No 487 & 488 10th Cross 9th Block 2nd Stage Nagarbhavi Vinayaka Layout, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.84 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹10.83 Lakh (net margin 1.9%) and EBITDA of ₹61.32 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 18% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.08 Cr on record. Court records list 1 case involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website comfortelevator.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 487 & 488 10th Cross 9th Block 2nd Stage Nagarbhavi Vinayaka Layout, Bangalore, Karnataka, India – 560072
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Comfort Elevators & Escalators Private Limited
The main business activities of Comfort Elevators & Escalators are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Comfort Elevators & Escalators Private Limited FY 2025 filings available
Comfort Elevators & Escalators Private Limited reported revenue of ₹5.84 Cr (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Comfort Elevators & Escalators Private Limited
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 1% 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 Comfort Elevators & Escalators 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 | ₹61.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.83 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 Comfort Elevators & Escalators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 Comfort Elevators & Escalators 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 Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E Star Engineers Private Limited | •••• | •••• | •••• | •••• | 16 | Chennai, Tamil Nadu, India |
| Vani Steel Tech Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Universal Axis Lifting Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Visual Education Aids Private Limited | •••• | •••• | •••• | •••• | 26 | Coimbatore South, Tamil Nadu, India |
| Ailas Engineered Solutions Private Limited | •••• | •••• | •••• | •••• | 15 | Pune, Maharashtra, India |
| Comfort Elevators & Escalators Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Him Industrial Engineering Private Limited | •••• | •••• | •••• | •••• | - | Kancheepuram, Tamil Nadu, India |
| Nexa Elevator Private Limited | •••• | •••• | •••• | •••• | 17 | Bangalore, Karnataka, India |
| DCM Hyundai Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Swastik Components Private Limited | •••• | •••• | •••• | •••• | - | Palwal, Haryana, India |
| Ishanvi Cranes Private Limited | •••• | •••• | •••• | •••• | - | Palus, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Comfort Elevators & Escalators by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators Private Limited is audited by M BHANSALI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M BHANSALI & 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 Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators 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 |
|---|---|---|---|---|
| Asha Dasappa Also directs: Comfort Windows & Doors Private Limited | Director | 26 Jun 2014 | 12 Years 3 Months | Current |
| Mohan Kumar Belagawadi Thimmegowda Also directs: Comfort Windows & Doors Private Limited | Director | 26 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Comfort Elevators & Escalators 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 Comfort Elevators & Escalators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2025 | Others | ₹1.08 Cr | Open |
| 27 Sep 2023 | Yes Bank Limited | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Company is another party | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 52 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Savera India Riding Systems Company Private Limited | •••• | •••• | •••• |
| Logiq Embedded Systems India Private Limited | •••• | •••• | •••• |
| Propower Systems Private Limited | •••• | •••• | •••• |
| Tecno Doors Private Limited | •••• | •••• | •••• |
| Shrinidhi Elevators | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators Private Limited has a workforce of 24 employees as of Mar 23, 2024.
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 Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Phutane Nanjundarao Chandra Shekar ceased to be Director on 18 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Comfort Elevators & Escalators 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.
Subsidiaries & Group Companies of Comfort Elevators & Escalators 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 Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC7022C1ZZ | 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 Comfort Elevators & Escalators 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 Comfort Elevators & Escalators Private Limited
Comfort Elevators & Escalators is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 26 June 2014 (12+ years old) and is registered under CIN U74900KA2014PTC075076.
Comfort Elevators & Escalators reported revenue of ₹5.84 Cr for FY 2024 (down 33% YoY).
Comfort Elevators & Escalators has 2 current directors:
- Asha Dasappa - Director
- Mohan Kumar Belagawadi Thimmegowda - Director
Comfort Elevators & Escalators reported a net profit of ₹10.83 Lakh (net margin 1.9%) and EBITDA of ₹61.32 Lakh (EBITDA margin 10.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Comfort Elevators & Escalators is 12% over three years and 18% over five years. In the latest year (FY 2024) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Comfort Elevators & Escalators is 29AAFCC7022C1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Comfort Elevators & Escalators is U74900KA2014PTC075076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comfort Elevators & Escalators has 1 court case on record. 1 is pending.
Comfort Elevators & Escalators was incorporated on 26 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Comfort Elevators & Escalators by revenue are E Star Engineers Private Limited, Vani Steel Tech Private Limited, Universal Axis Lifting Solutions Private Limited, Visual Education Aids Private Limited, Ailas Engineered Solutions Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Phutane Nanjundarao Chandra Shekar ceased to be Director on 18 Mar 2019. Vijayakumar Kempaiah ceased to be Director on 18 Mar 2019. Asha Dasappa was appointed as Director on 26 Jun 2014. Comfort Elevators & Escalators has 4 board changes on record in total.
Yes, Comfort Elevators & Escalators is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).