Electronic Research Private Limited
About Electronic Research Private Limited
Data last updated:
Electronic Research Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 20 April 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1968PTC001721. Its GSTIN is 29AAACE4114C2Z6 (Karnataka). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.2 Cr. It was formerly known as Electronic Research Limited. It is led by directors including Anju Chandrasekhar and Ajit Gopal Nambiar.
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 Dynamichouse No.64 Churchstreet, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.29 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Cr (net margin -119.2%) and EBITDA of ₹2.06 Cr (EBITDA margin 159.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹134.4 Cr and satisfied charges of ₹182.79 Cr on record. Court records list 49 cases involving the company, including 26 filed by the company and 23 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Electronic Research has one previous CIN (Corporate Identification Number): U73100KA1968PTC001721. The current CIN is U85110KA1968PTC001721, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1968PTC001721 | Current |
| U73100KA1968PTC001721 | Previous |
Contact details
Electronic Research Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDynamichouse No.64 Churchstreet, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Electronic Research Private Limited, buy the company report.
- 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 Electronic Research is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products |
To see the full business activity and turnover split of Electronic Research Private Limited, buy the company report.
Financials of Electronic Research Private Limited
FY 2024 filings availableElectronic Research Private Limited reported revenue of ₹1.29 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 75% 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 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 | ₹2.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.54 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 | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 159.5% | ||||
| Net Profit Margin | -119.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Electronic Research Private Limited, buy the company report.
Board of directors of Electronic Research Private Limited
Electronic Research has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anju Chandrasekhar Also directs: BPL Limited, Virtual Properties & Estates Private Limited, Dynamic Electronics Private Limited and 5 more | Director | 01 Jul 1998 | 28 Years 3 Months | Current |
| Ajit Gopal Nambiar Also directs: BPL Limited, BPL Medical Technologies Private Limited, Bharat Energy Ventures Private Limited and 3 more | Director | 26 Sep 1994 | 32 Years 1 Months | Current |
| Meena Nambiar Also directs: Nambiar International Investment Co Pvt Ltd, Zyfax Systems (Bangalore) Private Limited, Ecosustentare Innovations LLP and 5 more | Director | 19 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Electronic Research Private Limited is audited by T. Velupillai & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. Velupillai & Co | FY 2023 | 004592S |
Shareholding
The shareholding of Electronic Research 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 Electronic Research Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2024 | 100947716 | Others | ₹100 Cr | Open | |
| 31 Mar 2017 | 100099883 | Others | ₹20 Cr | Open | |
| 09 Sep 1997 | 80030028 | Kotak Mahindra Bank Ltd | ₹12.6 Cr | Open | |
| 17 Jul 1995 | 80031333 | Kotak Mahindra Bank Ltd | ₹1.8 Cr | Open | |
| 08 Feb 2011 | 10269619 | Asia Pragati Capfin Private Limited | ₹1.1 Cr | Satisfied |
To see the full charge records of Electronic Research Private Limited, buy the company report.
Total charge records: 41 View all charges
Legal cases
Electronic Research Private Limited has 49 court cases on record: 26 filed by Electronic Research, 23 filed against it. 3 cases are pending and 46 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 14 | 1 |
| District courts | 19 | 9 | 0 |
| Supreme Court | 3 | 0 | 2 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Canara Bank | Pending |
| Supreme Court | Court case (4201-SEBI Act and Securities Laws including Forward Contract Regulation Act, 1952 and Securities Contracts (Regulation) Act, 1956 : SEBI Act and Securities Laws including Forward Contract Regulation Act, 1952 and Securities Contracts (Regulation) Act, 1956) | Filed by the company against National Stock Exchange of India Ltd. THR. Secretary THR. Secretary Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra(East) , District: Mumbai ,Mumbai , Maharashtra | Pending |
| Supreme Court | Court case | Filed by the company against Canara Bank | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Morgan Securities & Credits Pvt Ltd. | Disposed |
| High Court of Karnataka | Court case (RP) | Filed by the company against Canara Bank | Disposed |
To see the full case history of Electronic Research Private 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 Electronic Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Electronic Research has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Electronic Research has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE4114C2Z6 | Karnataka | Active | 21 Jan 2022 |
To see the full GST registrations and return filing status of Electronic Research Private Limited, buy the company report.
Recent activity
Electronic Research Private Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Meena Nambiar was appointed as Director on 19 Dec 2025.
83 earlier events are in the company report.
Frequently asked questions
Electronic Research is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 20 April 1968 (58+ years old) and is registered under CIN U85110KA1968PTC001721.
Electronic Research has 3 current directors:
- Anju Chandrasekhar - Director
- Ajit Gopal Nambiar - Director
- Meena Nambiar - Director
The latest financial statements of Electronic Research 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 Electronic Research is 29AAACE4114C2Z6, registered in Karnataka. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Electronic Research is U85110KA1968PTC001721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electronic Research has 49 court cases on record: 26 filed by the company and 23 filed against it. 3 are pending. Most are in the high courts.
Electronic Research was incorporated on 20 April 1968, making it 58+ years old. It is registered with the Registrar of Companies, Bangalore.
Meena Nambiar was appointed as Director on 19 Dec 2025. Mookkan Asokan ceased to be Director on 23 Aug 2007. Ravi Veeraraghavan ceased to be Company Secretary on 11 Jul 2007. Electronic Research has 5 board changes on record in total.
The registered office of Electronic Research is at Dynamichouse No.64 Churchstreet, Bangalore, Karnataka, India – 560001.
Electronic Research operates in the information technology industry, in the IT products retail and distribution segment.