MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0001299
Essen Electronic Systems Private Limited - aerospace, maritime and defense in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹56.15 Cr
▲ 50% YoY
Net profit · FY 2024
₹3.76 Cr
Net margin 6.7%
EBITDA · FY 2024
₹6.64 Cr
EBITDA margin 11.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹18 Cr
Satisfied ₹11.05 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
21
Provident fund records
About Essen Electronic Systems Private Limited
Data last updated:
Essen Electronic Systems Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 30 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U29309AP2003PTC040404. Its GSTIN is 37AABCE1826E1Z0 (Andhra Pradesh).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Veeravenkata Satyanarayana Raju Dandu (Managing Director) and Swarup Kumar Chilukuri.
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 Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.15 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹3.76 Cr (net margin 6.7%) and EBITDA of ₹6.64 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 97% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Essen Electronic Systems. As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹11.05 Cr on record.
Essen Electronic Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0001299). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essen.org.in.
Company Details of Essen Electronic Systems Private Limited
CIN U29309AP2003PTC040404
Registration Number 040404
Incorporation Date 30 January 2003
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-10-0001299
Key People
Veeravenkata Satyanarayana Raju Dandu Managing Director Swarup Kumar Chilukuri Director Satya Venkata Naga Swarajya Lakshmi Dandu Director Recognitions & Rankings of Essen Electronic Systems
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address32 – 10 – 85/22 Essen House Krishi Hospital Road Sri Venkateswara Colony Sheela Nagar B, Hpv Post, Visakhapatnam, Andhra Pradesh, India – 530012
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
Comprehensive company report
Essen Electronic Systems Private Limited - one report that includes everything
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Associated Brands with Essen Electronic Systems Private Limited
Essen Electronic Systems operates one associated brand: Essen Electronic Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronics design, development, and indigenization services for defence and industrial sectors. | essen.org.in |
Business Activity of Essen Electronic Systems Private Limited
The main business activity of Essen Electronic Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Essen Electronic Systems Private Limited FY 2024 filings available
Essen Electronic Systems Private Limited reported revenue of ₹56.15 Cr (up 50% YoY) for FY 2024.
Revenue · FY 2024
₹56.15 Cr ▲ 50%
Net profit · FY 2024
₹3.76 Cr margin 6.7%
EBITDA · FY 2024
₹6.64 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR) of Essen Electronic Systems Private Limited
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 36%
5 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 44%
5 years · compounded
▲ 68%
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 50% growth in the latest year. EBITDA rose 20% 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 Essen Electronic Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹6.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.76 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 Essen Electronic Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• | •••• |
| 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 Essen Electronic Systems are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Essen Electronic Systems Private Limited
Essen Electronic Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swarup Kumar Chilukuri Also directs: Essen Shimmer Medical Technologies Private Limited | Director | 30 Jan 2003 | 23 Years 8 Months | Current |
| Satya Venkata Naga Swarajya Lakshmi Dandu | Director | 01 Aug 2011 | 15 Years 2 Months | Current |
| Veeravenkata Satyanarayana Raju Dandu Also directs: Essen Shimmer Medical Technologies Private Limited | Managing Director | 30 Jan 2003 | 23 Years 8 Months | Current |
Peer Comparison of Essen Electronic Systems Private Limited
Essen Electronic Systems Private Limited is compared with the companies closest to it by revenue in the Defence industry (Defence Accessories and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahindra Telephonics Integrated Systems Limited | ₹63.55 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Tak Technologies Private Limited | ₹63.18 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Delhi, India |
| Comprotech Engineering Private Limited | ₹62.46 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Sial Manufacturers Private Limited | ₹60.95 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Lucknow, Uttar Pradesh, India |
| Altair Infrasec Private Limited | ₹59.99 Cr (FY 2025) | •••• | •••• | 770.0% | •••• | Pune, Maharashtra, India |
| Essen Electronic Systems Private Limited this company | ₹56.15 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Anant Defence Systems Private Limited | ₹54.19 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Kineco Kaman Composites- India Private Limited | ₹52.73 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bardez, Goa, India |
| 3D Concept Analysis and Development (India) Private Limited | ₹47.52 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Valeth Hightech Composites Private Limited | ₹45.17 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Kelambakkam, Tamil Nadu, India |
| Amar Hitech Engineering Industries Private Limited | ₹44.96 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Jammu, Jammu and Kashmir, India |
Peers are the five companies nearest above and the five nearest below Essen Electronic Systems by revenue in the Defence industry (Defence Accessories and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Essen Electronic Systems Private Limited
Essen Electronic Systems Private Limited is audited by BALNAGU & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BALNAGU & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Essen Electronic Systems Private Limited
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Charges & Borrowings of Essen Electronic Systems Private Limited
Open charges
₹18 Cr
Satisfied charges
₹11.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2022 | State Bank of India | ₹18 Cr | Open |
| 20 Jul 2016 | State Bank of India | ₹10 Cr | Satisfied |
| 27 May 2006 | Indian Oversaes Bank | ₹80 Lakh | Satisfied |
| 10 Jun 2004 | Bank of India | ₹25 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Essen Electronic Systems Private Limited
Essen Electronic Systems Private Limited has a workforce of 21 employees as of Apr 05, 2024.
Employee count
21
Active EPFO establishments
1
Employee growth
31.25%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Essen Electronic Systems Private Limited
Essen Electronic Systems Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Satya Venkata Naga Swarajya Lakshmi Dandu ceased to be Additional Director on 30 Sep 2011.
AGM
Essen Electronic Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Essen Electronic Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with State Bank Of India amounted to Rs. 18.00 Cr with Charge ID 100595197 was registered on 27 Jun 2022.
Charges
A charge registered on 20 Jul 2016 via Charge ID 100047578 with State Bank Of India was fully satisfied on 26 Jun 2022.
Charges
A charge with State Bank Of India of Rs. 10.00 Cr registered on 20 Jul 2016 with Charge ID 100047578 was modified on 21 May 2020.
Charges
A charge registered on 27 May 2006 via Charge ID 10008230 with Indian Oversaes Bank was fully satisfied on 01 Aug 2016.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 100047578 was registered on 20 Jul 2016.
Charges
A charge registered on 10 Jun 2004 via Charge ID 90128597 with Bank Of India was fully satisfied on 29 Apr 2016.
Charges
A charge with Indian Oversaes Bank of Rs. 0.80 Cr registered on 27 May 2006 with Charge ID 10008230 was modified on 23 Nov 2015.
Ceased
Satya Venkata Naga Swarajya Lakshmi Dandu ceased to be Additional Director.
Appointed
Satya Venkata Naga Swarajya Lakshmi Dandu was appointed as Director.
Charges
A charge with Indian Oversaes Bank amounted to Rs. 0.80 Cr with Charge ID 10008230 was registered on 27 May 2006.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Essen Electronic Systems Private Limited
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MSME Payment Delays by Essen Electronic Systems Private Limited
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Subsidiaries & Group Companies of Essen Electronic Systems Private Limited
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Corporate group structure
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GST Compliance of Essen Electronic Systems Private Limited
Essen Electronic Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCE1826E1Z0 | Andhra Pradesh | Active | 01 Jul 2017 |
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MCA Filings & Documents of Essen Electronic Systems Private Limited
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Related news about Essen Electronic Systems Private Limited
Frequently Asked Questions about Essen Electronic Systems Private Limited
Essen Electronic Systems is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 30 January 2003 (23+ years old) and is registered under CIN U29309AP2003PTC040404.
Essen Electronic Systems reported revenue of ₹56.15 Cr for FY 2024 (up 50% YoY).
Essen Electronic Systems has 3 current directors:
- Veeravenkata Satyanarayana Raju Dandu - Managing Director
- Swarup Kumar Chilukuri - Director
- Satya Venkata Naga Swarajya Lakshmi Dandu - Director
Essen Electronic Systems reported a net profit of ₹3.76 Cr (net margin 6.7%) and EBITDA of ₹6.64 Cr (EBITDA margin 11.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Essen Electronic Systems is 36% over three years and 97% over five years. In the latest year (FY 2024) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Essen Electronic Systems is 37AABCE1826E1Z0, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Essen Electronic Systems is U29309AP2003PTC040404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essen Electronic Systems was incorporated on 30 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Essen Electronic Systems by revenue are Mahindra Telephonics Integrated Systems Limited, Tak Technologies Private Limited, Comprotech Engineering Private Limited, Sial Manufacturers Private Limited, Altair Infrasec Private Limited and 5 more, all in the Defence industry (Defence Accessories and Components).
Satya Venkata Naga Swarajya Lakshmi Dandu ceased to be Additional Director on 30 Sep 2011. Satya Venkata Naga Swarajya Lakshmi Dandu was appointed as Director on 01 Aug 2011. Swarup Kumar Chilukuri was appointed as Director on 30 Jan 2003. Essen Electronic Systems has 4 board changes on record in total.
Yes, Essen Electronic Systems is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0001299).