MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0030823
Confident Electronics Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.63 Cr
▼ 9% YoY
Net profit · FY 2024
₹12.37 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹56.52 Lakh
EBITDA margin 7.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.68 Cr
Satisfied ₹14 Lakh
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Confident Electronics Private Limited
Data last updated:
Confident Electronics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 27 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30007KA2006PTC038838. Its GSTIN is 29AACCC8200F1ZY (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mulky Rakshit Shetty and Uday Ramakrishnan.
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 # 40 2nd Main Road Pete Channappa Indl. Estate Kamakshipalya Magadi Road, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.63 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹12.37 Lakh (net margin 1.6%) and EBITDA of ₹56.52 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 13% over five years.
The company is associated with 1 brand: Confident Electronics. As per MCA filings, the company has open charges of ₹1.68 Cr and satisfied charges of ₹14 Lakh on record.
Confident Electronics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0030823). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website confidentelectronics.com.
Company details
CIN U30007KA2006PTC038838
Registration Number 038838
Incorporation Date 27 March 2006
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 Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0030823
Recognitions & Rankings of Confident Electronics
Contact details
Confident Electronics Private Limited's registered office is in Bangalore, Karnataka. Its website is confidentelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 40 2nd Main Road Pete Channappa Indl. Estate Kamakshipalya Magadi Road, Bangalore, Karnataka, India – 560079
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Confident Electronics Private Limited, buy the company report.
Comprehensive company report
Confident Electronics 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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Brands
Confident Electronics operates one associated brand: Confident Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers electronic research, development, manufacturing, and embedded design services. | confidentelectronics.com |
Business activity
The main business activity of Confident Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Confident Electronics Private Limited, buy the company report.
Financials of Confident Electronics Private Limited
FY 2024 filings availableConfident Electronics Private Limited reported revenue of ₹7.63 Cr (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹7.63 Cr ▼ 9%
Net profit · FY 2024
₹12.37 Lakh margin 1.6%
EBITDA · FY 2024
₹56.52 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 38%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 44%
5 years · compounded
▲ 16%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 17% 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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| Total Expenses | |||||
| EBITDA | ₹56.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.37 Lakh | ||||
| 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 | 7.4% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Confident Electronics Private Limited, buy the company report.
Board of directors of Confident Electronics Private Limited
Confident Electronics 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 |
|---|---|---|---|---|
| Mulky Rakshit Shetty Also directs: Rtwo Healthcare Solutions LLP, Rtwo Global Healthcare Private Limited, Clickdent 32 India Private Limited and 1 more | Director | 21 Jun 2021 | 5 Years 4 Months | Current |
| Uday Ramakrishnan | Director | 27 Mar 2006 | 20 Years 7 Months | Current |
Auditor
Confident Electronics Private Limited is audited by S.P. KRISHNAMURTHY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.P. KRISHNAMURTHY & CO. | FY 2023 | 007099S |
Shareholding
The shareholding of Confident Electronics 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Confident Electronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.68 Cr
Satisfied charges
₹14 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2023 | 100849990 | Axis Bank Limited | ₹35 Lakh | Open | |
| 04 Jul 2020 | 100391508 | Karnataka Bank Ltd. | ₹14 Lakh | Open | |
| 20 Mar 2019 | 100249534 | Others | ₹19.5 Lakh | Open | |
| 28 Nov 2018 | 100226342 | Others | ₹20 Lakh | Open | |
| 16 Feb 2012 | 10338363 | Karnataka Bank Limited | ₹9.42 Lakh | Open |
To see the full charge records of Confident Electronics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Confident Electronics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Confident Electronics Private Limited has 4 MSME Form 1 returns on record between 2021 and 2024, listing 115 overdue payments to 41 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 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sidhi Vinayaka Fab Engineering Private Limited | |||
| an individual supplier | |||
| Suvith Techno Solutions Private Limited | |||
| Prime Technologies |
To see the full MSME payment records of Confident Electronics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Confident Electronics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC8200F1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Confident Electronics Private Limited, buy the company report.
Recent activity
Confident Electronics Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Mulky Rakshit Shetty ceased to be Additional Director on 30 Nov 2021.
AGM
Confident Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Confident Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 100849990 was registered on 26 Dec 2023.
Ceased
Mulky Rakshit Shetty ceased to be Additional Director.
Appointed
Mulky Rakshit Shetty was appointed as Director.
Ceased
Seena Rajan Girija ceased to be Director.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 14.00 Lakh with Charge ID 100391508 was registered on 04 Jul 2020.
Charges
A charge with Others amounted to Rs. 19.50 Lakh with Charge ID 100249534 was registered on 20 Mar 2019.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100226342 was registered on 28 Nov 2018.
Charges
A charge with Others of Rs. 70.00 Lakh registered on 26 Mar 2007 with Charge ID 10043025 was modified on 28 Sep 2017.
Charges
A charge with Karnataka Bank Limited amounted to Rs. 9.42 Lakh with Charge ID 10338363 was registered on 16 Feb 2012.
Charges
A charge registered on 01 Dec 2008 via Charge ID 10131598 with The Karnataka Bank Limited was fully satisfied on 03 Oct 2011.
4 earlier events are in the company report.
Frequently asked questions
Confident Electronics is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 27 March 2006 (20+ years old) and is registered under CIN U30007KA2006PTC038838.
Confident Electronics has 2 current directors:
- Mulky Rakshit Shetty - Director
- Uday Ramakrishnan - Director
The latest financial statements of Confident Electronics 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 Confident Electronics is 29AACCC8200F1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Confident Electronics is U30007KA2006PTC038838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Confident Electronics was incorporated on 27 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Mulky Rakshit Shetty ceased to be Additional Director on 30 Nov 2021. Mulky Rakshit Shetty was appointed as Director on 21 Jun 2021. Seena Rajan Girija ceased to be Director on 21 Jun 2021. Confident Electronics has 4 board changes on record in total.
Yes, Confident Electronics is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0030823).
Confident Electronics has 4 MSME Form 1 returns on record between 2021 and 2024, listing 115 overdue payments to 41 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Confident Electronics can be reached through the website confidentelectronics.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Confident Electronics is at # 40 2nd Main Road Pete Channappa Indl. Estate Kamakshipalya Magadi Road, Bangalore, Karnataka, India – 560079.