About Essae Technologys Private Limited
Data last updated:
Essae Technologys Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 19 November 1997.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U73200KA1997PTC023042. Its GSTIN is 29AAACE3197R1ZV (Karnataka). The company held 5 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹22.5 Lakh. It was led by directors Narasimha Subramanian (Managing Director) and Sujatha Narasimha.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Essaeprideno:915 80 Feetroad 6 Thblock Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2023, the company reported a revenue of ₹98.44 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹5.96 Lakh (net margin -6.1%) and EBITDA of ₹10.64 Lakh (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 53% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Essae Group. As per MCA filings, the company has satisfied charges of ₹10.34 Cr on record. Court records list 14 cases involving the company, including 14 filed by the company.
The last known website on record is essaetec.com.
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- Website
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- Registered AddressEssaeprideno:915 80 Feetroad 6 Thblock Koramangala, Bangalore, Karnataka, India – 560095
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
Financials of Essae Technologys Private Limited FY 2023 filings available
Essae Technologys Private Limited reported revenue of ₹98.44 Lakh (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Essae Technologys Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 24% fall in the latest year. EBITDA fell 79% 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 Essae Technologys 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.96 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 Essae Technologys Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.1% | •••• | •••• | •••• | •••• |
| 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 Essae Technologys 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 Essae Technologys Private Limited
Essae Technologys Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaimu India Electronics Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Kairos Kitchenware Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| MB Accessories Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ombanna Energy Services Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Arka Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Essae Technologys Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ace Cooling System Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Omaxe Appliances Private Limited | •••• | •••• | •••• | •••• | - | Shahdra, Delhi, India |
| Light Cottage Eservices Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ansi Visual India Private Limited | •••• | •••• | •••• | •••• | - | Opp.Amar Ujala Press Agra, Uttar Pradesh, India |
| TND Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Essae Technologys by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Essae Technologys Private Limited
Essae Technologys Private Limited is audited by M A Narasimhan & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M A Narasimhan & 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 Essae Technologys Private Limited
Essae Technologys has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujatha Narasimha Also directs: Essaetec Family LLP, Essae Technologys LLP | Director | 16 Feb 1998 | 28 Years 7 Months | As last reported |
| Narasimha Subramanian | Managing Director | 16 Feb 1998 | 28 Years 7 Months | As last reported |
Ownership and Shareholding of Essae Technologys 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 Essae Technologys Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2014 | Others | ₹48.59 Lakh | Satisfied |
| 07 Mar 2011 | The Hongkong and Shanghai Banking Corporation Limited | ₹5.9 Cr | Satisfied |
| 19 May 2006 | H D F C Bank Limited | ₹3.95 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Essae Technologys Private Limited
Essae Technologys Private Limited has 14 court cases on record: 14 filed by Essae Technologys. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Verifone India Sales Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Natural Textiles Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ken Consulting Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against India Gateway Terminal Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Sem India Systems Private Limited | Disposed |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Essae Technologys Private Limited
Essae Technologys operates one associated brand: Essae Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and marketing of electronic scales, barcode solutions, and components in India. | essaetec.com |
Employees and EPFO Compliance at Essae Technologys Private Limited
Essae Technologys Private Limited has a workforce of 1 employees as of Apr 02, 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.
News related to Essae Technologys Private Limited
Recent Activity on Essae Technologys Private Limited
Essae Technologys Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Senmugam Arunachalam Subramanian ceased to be Director on 29 Jun 2009.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Essae Technologys 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 Essae Technologys 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 Essae Technologys 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 Essae Technologys Private Limited
Essae Technologys has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE3197R1ZV | Karnataka | Active | 01 Jul 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 Essae Technologys 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 Essae Technologys Private Limited
Essae Technologys has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Essae Technologys was a private limited company based in Bangalore, Karnataka, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 19 November 1997 and is registered under CIN U73200KA1997PTC023042. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Essae Technologys is U73200KA1997PTC023042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essae Technologys had 2 directors:
- Narasimha Subramanian - Managing Director
- Sujatha Narasimha - Director
Essae Technologys was incorporated on 19 November 1997. It is registered with the Registrar of Companies, Bangalore.
Essae Technologys can be reached through the website essaetec.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Essae Technologys is at Essaeprideno:915 80 Feetroad 6 Thblock Koramangala, Bangalore, Karnataka, India – 560095.
Essae Technologys reported revenue of ₹98.44 Lakh for FY 2023 (down 24% YoY).
Essae Technologys has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹22.5 Lakh.
Essae Technologys reported a net loss of ₹5.96 Lakh (net margin -6.1%) and EBITDA of ₹10.64 Lakh (EBITDA margin 10.8%) for FY 2023, as per its filed financial statements.
The GSTIN of Essae Technologys is 29AAACE3197R1ZV, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.