About Dolar Systems and Services Private Limited
Data last updated:
Dolar Systems and Services Private Limited is a private limited company based in Bangalore., Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1995PTC019449. Its GSTIN is 29AAACD6979Q1ZM (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Babu Thomas Kaitharath and Prakash Padmanabhan.
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 1st Main Rmv 2nd Stage 2nd Block New Bel Road, Bangalore., Karnataka, India – 560094.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹82.89 Lakh (net margin 6.3%) and EBITDA of ₹1.51 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 26% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.77 Cr 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 dolarsystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1st Main Rmv 2nd Stage 2nd Block New Bel Road, Bangalore., Karnataka, India – 560094
- 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
- One PDF report, delivered after checkout
Business Activity of Dolar Systems and Services Private Limited
The main business activity of Dolar Systems and Services is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service 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 Dolar Systems and Services Private Limited FY 2025 filings available
Dolar Systems and Services Private Limited reported revenue of ₹13.07 Cr (up 160% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dolar Systems and Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 160% growth in the latest year. EBITDA rose 202% 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 Dolar Systems and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹82.89 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dolar Systems and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• | •••• |
| 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 Dolar Systems and Services 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 Dolar Systems and Services Private Limited
Dolar Systems and Services Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alba Power Private Limited | •••• | •••• | •••• | •••• | 45 | Jammu And Kashmir, Jammu & Kashmir, India |
| Suman Controls Private Limited | •••• | •••• | •••• | •••• | 90 | Bengaluru, Karnataka, India |
| Cosine Power Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Ricon Trade Com Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Makvolt Power Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Dolar Systems and Services Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore., Karnataka, India |
| Prime Hitech Engineering Limited | •••• | •••• | •••• | •••• | 30 | New Delhi, Delhi, India |
| Kapco Electric Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Mirless Metal Components Private Limited | •••• | •••• | •••• | •••• | - | Karnataka, India |
| RC All-Tech Power Systems Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Hint Transformers Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Dolar Systems and Services by revenue in the Power industry (Power Equipment Manufacturers), 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 Dolar Systems and Services Private Limited
Dolar Systems and Services Private Limited is audited by H SREENIVASAN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H SREENIVASAN & 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 Dolar Systems and Services Private Limited
Dolar Systems and Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babu Thomas Kaitharath | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
| Prakash Padmanabhan | Director | 21 Dec 1995 | 30 Years 9 Months | Current |
| Kudooly Prabhakaran Harilal | Director | 21 Dec 1995 | 30 Years 9 Months | Current |
Ownership and Shareholding of Dolar Systems and Services 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 Dolar Systems and Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 May 2023 | State Bank of India | ₹18 Lakh | Open |
| 30 Nov 2018 | State Bank of India | ₹6.38 Cr | Open |
| 25 Mar 2013 | State Bank of India | ₹60.35 Lakh | Open |
| 10 Jun 2002 | State Bank of India | ₹90.18 Lakh | Open |
| 10 Jun 2002 | State Bank of India | ₹45 Lakh | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Dolar Systems and Services Private Limited
Dolar Systems and Services Private Limited has a workforce of 12 employees as of Apr 05, 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 Dolar Systems and Services Private Limited
Dolar Systems and Services Private Limited has 3 board changes on record since 1995: 3 appointments. The latest: Babu Thomas Kaitharath was appointed as Director on 29 Sep 2006.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dolar Systems and Services 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 Dolar Systems and Services 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 Dolar Systems and Services 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 Dolar Systems and Services Private Limited
Dolar Systems and Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACD6979Q1ZM | Karnataka | Active | 01 Jul 2017 |
| 32AAACD6979Q1ZZ | Kerala | Active | 27 Sep 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 Dolar Systems and Services 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 Dolar Systems and Services Private Limited
Dolar Systems and Services is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 21 December 1995 (31+ years old) and is registered under CIN U31909KA1995PTC019449.
Dolar Systems and Services reported revenue of ₹13.07 Cr for FY 2025 (up 160% YoY).
Dolar Systems and Services has 3 current directors:
- Babu Thomas Kaitharath - Director
- Prakash Padmanabhan - Director
- Kudooly Prabhakaran Harilal - Director
Dolar Systems and Services reported a net profit of ₹82.89 Lakh (net margin 6.3%) and EBITDA of ₹1.51 Cr (EBITDA margin 11.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dolar Systems and Services is 37% over three years and 26% over five years. In the latest year (FY 2025) revenue rose 160%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dolar Systems and Services is 29AAACD6979Q1ZM, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAACD6979Q1ZZ (Kerala).
The CIN (Corporate Identification Number) of Dolar Systems and Services is U31909KA1995PTC019449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dolar Systems and Services was incorporated on 21 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Dolar Systems and Services by revenue are Alba Power Private Limited, Suman Controls Private Limited, Cosine Power Private Limited, Ricon Trade Com Private Limited, Makvolt Power Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Babu Thomas Kaitharath was appointed as Director on 29 Sep 2006. Kudooly Prabhakaran Harilal was appointed as Director on 21 Dec 1995. Prakash Padmanabhan was appointed as Director on 21 Dec 1995.
Dolar Systems and Services can be reached through the website dolarsystems.com. Its registered office is in Bangalore, Karnataka, India.