MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0041780
Farmax Technologies Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.91 Cr
▲ 24% YoY
Net profit · FY 2025
₹1.01 Cr
Net margin 5.1%
EBITDA · FY 2025
₹1.52 Cr
EBITDA margin 7.7%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹71 Lakh
Issued & subscribed
Open charges
₹2.42 Cr
Satisfied ₹92 Lakh
Company age
20 yrs
Est. 2006
Employees · EPFO
37
Provident fund records
About Farmax Technologies Private Limited
Data last updated:
Farmax Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29150KA2006PTC038548. Its GSTIN is 29AAACF9623M1Z5 (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹71 Lakh. It is led by directors including Narayana Reddy Thippeswamy (Managing Director) and Kumareshan Kannan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.399 14th Cross 2nd Block Vishwapriya Layout Begur Road, Bangalore, Karnataka, India – 560114.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.91 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 5.1%) and EBITDA of ₹1.52 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 28% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Farmax Technologies. As per MCA filings, the company has open charges of ₹2.42 Cr and satisfied charges of ₹92 Lakh on record. Court records list 18 cases involving the company, including 18 filed against it.
Farmax Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0041780). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farmaxindia.com.
Company details
CIN U29150KA2006PTC038548
Registration Number 038548
Incorporation Date 21 February 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0041780
Key People
Narayana Reddy Thippeswamy Managing Director Kumareshan Kannan Director Hampaih Chandranna Director Recognitions & Rankings of Farmax Technologies
Contact details
Farmax Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is farmaxindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.399 14th Cross 2nd Block Vishwapriya Layout Begur Road, Bangalore, Karnataka, India – 560114
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Farmax Technologies Private Limited, buy the company report.
Comprehensive company report
Farmax Technologies 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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Secure checkout · GST invoice included
Brands
Farmax Technologies operates one associated brand: Farmax Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of power conditioning products and related services. | farmaxindia.com |
Business activity
The main business activity of Farmax Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Farmax Technologies Private Limited, buy the company report.
Financials of Farmax Technologies Private Limited
FY 2025 filings availableFarmax Technologies Private Limited reported revenue of ₹19.91 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹19.91 Cr ▲ 24%
Net profit · FY 2025
₹1.01 Cr margin 5.1%
EBITDA · FY 2025
₹1.52 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 31%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 70%
5 years · compounded
▲ 55%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 24% growth in the latest year. EBITDA rose 65% 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 |
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| EBITDA | ₹1.52 Cr | ||||
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| Net Profit (PAT) | ₹1.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Farmax Technologies Private Limited, buy the company report.
Board of directors of Farmax Technologies Private Limited
Farmax Technologies has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayana Reddy Thippeswamy Also directs: SWT Lasertech Private Limited | Managing Director | 21 Feb 2006 | 20 Years 8 Months | Current |
| Kumareshan Kannan Also directs: SWT Lasertech Private Limited | Director | 20 Apr 2015 | 11 Years 6 Months | Current |
| Hampaih Chandranna Also directs: SWT Lasertech Private Limited | Director | 06 May 2015 | 11 Years 5 Months | Current |
Auditor
Farmax Technologies Private Limited is audited by Balakrishna and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Balakrishna and Co | FY 2023 | 004835S |
Shareholding
The shareholding of Farmax Technologies 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Farmax Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.42 Cr
Satisfied charges
₹92 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2025 | 101180118 | Others | ₹1 Cr | Open | |
| 28 May 2024 | 100932623 | Karnataka State Financial Corporation | ₹1.42 Cr | Open | |
| 22 Sep 2022 | 100618018 | State Bank of India | ₹8.5 Lakh | Satisfied | |
| 22 Sep 2022 | 100618352 | State Bank of India | ₹7.5 Lakh | Satisfied | |
| 26 Mar 2007 | 10048035 | State Bank of India | ₹76 Lakh | Satisfied |
To see the full charge records of Farmax Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Farmax Technologies Private Limited has 18 court cases on record: 18 filed against it. All cases are disposed.
Total cases
18
Filed against the company
18
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by M/S. Radio Electric Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by M/S Radio Electric Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Farmax Technologies 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 Farmax Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Farmax Technologies Private Limited has a workforce of 37 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
23.33%
GST
Farmax Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF9623M1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Farmax Technologies Private Limited, buy the company report.
Recent activity
Farmax Technologies Private Limited has 11 board changes on record since 2006: 3 appointments and 8 cessations. The latest: Basavaraju Prabhakar ceased to be Director on 04 Sep 2017.
Charges
A charge registered on 26 Mar 2007 via Charge ID 10048035 with State Bank Of India was fully satisfied on 04 Nov 2025.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101180118 was registered on 27 Oct 2025.
AGM
Farmax Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge registered on 22 Sep 2022 via Charge ID 100618018 with State Bank Of India was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 22 Sep 2022 via Charge ID 100618352 with State Bank Of India was fully satisfied on 15 Sep 2025.
Filing
Farmax Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 1.42 Cr with Charge ID 100932623 was registered on 28 May 2024.
Charges
A charge with State Bank Of India amounted to Rs. 0.09 Cr with Charge ID 100618018 was registered on 22 Sep 2022.
Charges
A charge with State Bank Of India amounted to Rs. 0.08 Cr with Charge ID 100618352 was registered on 22 Sep 2022.
Charges
A charge with State Bank Of India of Rs. 0.76 Cr registered on 26 Mar 2007 with Charge ID 10048035 was modified on 14 Mar 2022.
Ceased
Basavaraju Prabhakar ceased to be Director.
Ceased
Venkatesh Suresh ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Farmax Technologies 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 21 February 2006 (20+ years old) and is registered under CIN U29150KA2006PTC038548.
Farmax Technologies has 3 current directors:
- Narayana Reddy Thippeswamy - Managing Director
- Kumareshan Kannan - Director
- Hampaih Chandranna - Director
The latest financial statements of Farmax Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Farmax Technologies is 29AAACF9623M1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Farmax Technologies is U29150KA2006PTC038548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farmax Technologies has 18 court cases on record: 18 filed against it.
Farmax Technologies was incorporated on 21 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Basavaraju Prabhakar ceased to be Director on 04 Sep 2017. Venkatesh Suresh ceased to be Director on 04 Sep 2017. Kallem Sujatha Reddy ceased to be Director on 18 Jul 2016. Farmax Technologies has 11 board changes on record in total.
Yes, Farmax Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0041780).
Farmax Technologies can be reached through the website farmaxindia.com. Its registered office is in Bangalore, Karnataka, India.