About Elektrobit India Private Limited
Data last updated:
Elektrobit India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Elektrobit Automotive Gmbh. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016FTC092577. Its GSTIN is 29AAECE2605A1Z7 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹96.88 Lakh. It is led by directors including Saisridhar Shankaran (Managing Director) and Satish Sunderesan (Managing Director).
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 Floor Sattva Southgate Tech Park, Bengaluru, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹201.32 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹18.38 Cr (net margin 9.1%) and EBITDA of ₹29.15 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 52% over five years.
The company has about 710 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elektrobit. The company has 1 deal on record (1 rights issue); the latest was in January 2017. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elektrobit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1st Floor Sattva Southgate Tech Park Plot No.1 Veerasandra Industrial Area Hosur Main R, D, Bengaluru, Karnataka, India – 560100
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Associated Brands with Elektrobit India Private Limited
Elektrobit India operates one associated brand: Elektrobit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive software solutions are developed by Elektrobit for vehicles. | elektrobit.com |
Financials of Elektrobit India Private Limited FY 2025 filings available
Elektrobit India Private Limited reported revenue of ₹201.32 Cr (up 64% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Elektrobit India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 64% growth in the latest year. EBITDA rose 63% 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 Elektrobit India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹201.32 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹29.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.38 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 of Elektrobit India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Elektrobit India are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Elektrobit India Private Limited
Elektrobit India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maria Anhalt | Director | 18 Feb 2021 | 5 Years 8 Months | Current |
| Saisridhar Shankaran | Managing Director | 12 Sep 2023 | 3 Years 1 Months | Current |
| Satish Sunderesan | Managing Director | 01 Dec 2016 | 9 Years 10 Months | Current |
Auditor Details of Elektrobit India Private Limited
Elektrobit India Private Limited is audited by Varma and Varma for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Varma and Varma | 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.
Ownership and Shareholding of Elektrobit India 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 Elektrobit India Private Limited
Elektrobit India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Elektrobit India Private Limited
Elektrobit India Private Limited has 1 deal on record (1 rights issue); the latest was in January 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Rights issue | ₹9.59 Cr | Investors: Elektrobit Automotive GmbH |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Elektrobit India Private Limited
Elektrobit India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Heavenhood Pestcontrol Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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 Elektrobit India Private Limited
Elektrobit India Private Limited has a workforce of 710 employees as of Apr 04, 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 Elektrobit India Private Limited
Elektrobit India Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Saisridhar Shankaran was appointed as Managing Director on 12 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Elektrobit India 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 Elektrobit India 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 Elektrobit India Private Limited
Elektrobit India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE2605A1Z7 | Karnataka | Active | 01 Jul 2017 |
| 32AAECE2605A1ZK | Kerala | Active | 15 May 2023 |
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 Elektrobit India 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.
Related news about Elektrobit India Private Limited
Frequently Asked Questions about Elektrobit India Private Limited
Elektrobit India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 April 2016 (10+ years old) and is registered under CIN U74999KA2016FTC092577.
Elektrobit India reported revenue of ₹201.32 Cr for FY 2023 (up 64% YoY).
Elektrobit India has 3 current directors:
- Saisridhar Shankaran - Managing Director
- Satish Sunderesan - Managing Director
- Maria Anhalt - Director
Elektrobit India reported a net profit of ₹18.38 Cr (net margin 9.1%) and EBITDA of ₹29.15 Cr (EBITDA margin 14.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elektrobit India is 38% over three years and 52% over five years. In the latest year (FY 2023) revenue rose 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elektrobit India is 29AAECE2605A1Z7, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAECE2605A1ZK (Kerala).
The CIN (Corporate Identification Number) of Elektrobit India is U74999KA2016FTC092577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elektrobit India was incorporated on 27 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Elektrobit India has 1 deal on record (1 rights issue); the latest was in January 2017.
Saisridhar Shankaran was appointed as Managing Director on 12 Sep 2023. Saisridhar Shankaran ceased to be Additional Director on 12 Sep 2023. Maria Anhalt ceased to be Additional Director on 30 Sep 2021. Elektrobit India has 9 board changes on record in total.
Elektrobit India has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 19 Oct 2022.