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Elegant Power Systems & Controls Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹2.4 Cr
▼ 9% YoY
Net profit · FY 2022
₹12.22 Lakh
Net margin 5.1%
EBITDA · FY 2022
₹31.72 Lakh
EBITDA margin 13.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹21.38 Lakh
Issued & subscribed
Open charges
₹80 Lakh
Satisfied ₹40 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
20
Provident fund records
About Elegant Power Systems & Controls Private Limited
Data last updated:
Elegant Power Systems & Controls Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 13 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2017PTC104636. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21.38 Lakh. It is led by directors Nagaraj Chaya (Managing Director) and Jaladhihalli Madappa Santhosh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Premises Bearing No. 51 J C Industrial Area Bikasipura Mainroad, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.4 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹12.22 Lakh (net margin 5.1%) and EBITDA of ₹31.72 Lakh (EBITDA margin 13.2%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹80 Lakh and satisfied charges of ₹40 Lakh on record. Court records list 12 cases involving the company, including 12 filed against it; 2 cases are pending.
Elegant Power Systems & Controls Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0008714). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elegantpowersystems.co.in.
Company details
CIN U36999KA2017PTC104636
Registration Number 104636
Incorporation Date 13 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0008714
Recognitions & Rankings of Elegant Power Systems & Controls
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0008714
Contact details
Elegant Power Systems & Controls Private Limited's registered office is in Bangalore, Karnataka. Its website is elegantpowersystems.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPremises Bearing No. 51 J C Industrial Area Bikasipura Mainroad, Bangalore, Karnataka, India – 560062
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Elegant Power Systems & Controls Private Limited, buy the company report.
Comprehensive company report
Elegant Power Systems & Controls 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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Business activity
The main business activity of Elegant Power Systems & Controls is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Elegant Power Systems & Controls Private Limited, buy the company report.
Financials of Elegant Power Systems & Controls Private Limited
FY 2022 filings availableElegant Power Systems & Controls Private Limited reported revenue of ₹2.4 Cr (down 9% YoY) for FY 2022.
Revenue · FY 2022
₹2.4 Cr ▼ 9%
Net profit · FY 2022
₹12.22 Lakh margin 5.1%
EBITDA · FY 2022
₹31.72 Lakh margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 167%
3 years · compounded
▲ 57%
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 9% fall in the latest year. EBITDA rose 167% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹31.72 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹12.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Elegant Power Systems & Controls Private Limited, buy the company report.
Board of directors of Elegant Power Systems & Controls Private Limited
Elegant Power Systems & Controls has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Chaya | Managing Director | 13 Jul 2017 | 9 Years 3 Months | Current |
| Jaladhihalli Madappa Santhosh | Whole-Time Director | 13 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Elegant Power Systems & Controls Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nash Energy (I) Private Limited | ₹2.41 Cr (FY 2025) | 560.0% | Bengaluru, Karnataka, India | |||
| Insutech Industries Limited | ₹2.4 Cr (FY 2025) | 7.0% | Vadodara, Gujarat, India | |||
| Powercap Transformer Technologies Private Limited | ₹2.4 Cr (FY 2024) | -29.0% | Chennai, Tamil Nadu, India | |||
| Elegant Power Systems & Controls Private Limitedthis company | ₹2.4 Cr (FY 2022) | ₹12.22 Lakh | 5.1% | -9.0% | 20 | Bangalore, Karnataka, India |
To see the full peer comparison of Elegant Power Systems & Controls Private Limited, buy the company report.
Auditor
Elegant Power Systems & Controls Private Limited is audited by Nagadheep Sathyanarayana & Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nagadheep Sathyanarayana & Co | FY 2021 | 008003S |
Shareholding
The shareholding of Elegant Power Systems & Controls Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elegant Power Systems & Controls Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2019 | 100291341 | Others | ₹80 Lakh | Open | |
| 16 Oct 2018 | 100214516 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Elegant Power Systems & Controls Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Elegant Power Systems & Controls Private Limited has 12 court cases on record: 12 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed against the company
12
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Union Bank of India | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Siddhi Kabel Corporation Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Micromova Impex Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Elegant Power Systems & Controls 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 Elegant Power Systems & Controls Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elegant Power Systems & Controls Private Limited has a workforce of 20 employees on its EPFO records as of Dec 30, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
5.26%
GST
Elegant Power Systems & Controls has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Elegant Power Systems & Controls Private Limited, buy the company report.
Recent activity
Elegant Power Systems & Controls Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jaladhihalli Madappa Santhosh was appointed as Whole-Time Director on 13 Jul 2017.
AGM
Elegant Power Systems & Controls Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Elegant Power Systems & Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge registered on 16 Oct 2018 via Charge ID 100214516 with Others was fully satisfied on 21 Aug 2019.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100291341 was registered on 16 Jul 2019.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100214516 was registered on 16 Oct 2018.
Appointed
Jaladhihalli Madappa Santhosh was appointed as Whole-Time Director.
Appointed
Nagaraj Chaya was appointed as Managing Director.
Incorporation
13 Jul 2017
Elegant Power Systems & Controls Private Limited was registered on 13 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.
Frequently asked questions
Elegant Power Systems & Controls 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 13 July 2017 (9+ years old) and is registered under CIN U36999KA2017PTC104636.
Elegant Power Systems & Controls has 2 current directors:
- Nagaraj Chaya - Managing Director
- Jaladhihalli Madappa Santhosh - Whole-Time Director
The latest financial statements of Elegant Power Systems & Controls on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
No. Elegant Power Systems & Controls has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Elegant Power Systems & Controls is U36999KA2017PTC104636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegant Power Systems & Controls has 12 court cases on record: 12 filed against it. 2 are pending.
Elegant Power Systems & Controls was incorporated on 13 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Elegant Power Systems & Controls by revenue are Nash Energy (I) Private Limited, Insutech Industries Limited, Powercap Transformer Technologies Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jaladhihalli Madappa Santhosh was appointed as Whole-Time Director on 13 Jul 2017. Nagaraj Chaya was appointed as Managing Director on 13 Jul 2017.
Yes, Elegant Power Systems & Controls is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Elegant Power Systems & Controls is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0008714).