Gravity India Technologies Private Limited

Gravity India Technologies Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U31200KA1998PTC023626 Incorporated 16 April 1998 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2025
₹61.41 Cr
▲ 26% YoY
Net profit · FY 2025
₹1.2 Cr
Net margin 2%
EBITDA · FY 2025
₹3.77 Cr
EBITDA margin 6.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.01 Lakh
Issued & subscribed
Open charges
₹22.45 Cr
Satisfied ₹10.8 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
165
Provident fund records

About Gravity India Technologies Private Limited

Data last updated:

Gravity India Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 April 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31200KA1998PTC023626. Its GSTIN is 29AABCG0535C1Z3 (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.01 Lakh. It is led by directors Byatappnapalya Thimmappa Mallikarjunaiah (Managing Director) and Charitha Ganga Sandra.

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 3484 4th H Block 80Ft Road Banashankari 6th Stage Raghuvanahalli, Bangalore, Karnataka, India – 560062.

As per the financials filed for FY 2025, the company reported a revenue of ₹61.41 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Cr (net margin 2%) and EBITDA of ₹3.77 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.

The company has about 165 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹22.45 Cr and satisfied charges of ₹10.8 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 3 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gravityindia.com.

Company Details of Gravity India Technologies Private Limited
CIN U31200KA1998PTC023626
Registration Number 023626
Incorporation Date 16 April 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    3484 4th H Block 80Ft Road Banashankari 6th Stage Raghuvanahalli, Bangalore, Karnataka, India – 560062
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Gravity India Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Gravity India Technologies Private Limited

The main business activities of Gravity India Technologies are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
NSupport service to OrganizationsN7Other support services to organizationsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Gravity India Technologies Private Limited FY 2025 filings available

Gravity India Technologies Private Limited reported revenue of ₹61.41 Cr (up 26% YoY) for FY 2025.

Revenue · FY 2025
₹61.41 Cr ▲ 26%
Net profit · FY 2025
₹1.2 Cr margin 2%
EBITDA · FY 2025
₹3.77 Cr margin 6.1%

Compounded Annual Growth Rate (CAGR) of Gravity India Technologies Private Limited

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 3%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 9%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 26% growth in the latest year. EBITDA rose 8% 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 Gravity India Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹3.77 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.2 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 Gravity India Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.1%••••••••••••••••
Net Profit Margin2%••••••••••••••••
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 Gravity India Technologies are in the company report.

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Financial statements from 2015

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Peer Comparison of Gravity India Technologies Private Limited

Gravity India Technologies 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kesars Krishandarshan Private Limited••••••••••••••••-Jalandhar, Punjab, India
Aaishvy Gadgets Private Limited••••••••••••••••-Thane, Maharashtra, India
Sehgal Wire Sales Pvt.Ltd.••••••••••••••••-Mumbai, Maharashtra, India
Sohan Communication Private Limited••••••••••••••••-Jodhpur, Rajasthan, India
Omtech Electricals Solutions Private Limited••••••••••••••••-Pune, Maharashtra, India
Gravity India Technologies Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
S.G. Corporate Mobility Private Limitd••••••••••••••••-Palam Road, Haryana, India
R R and Company Private Limited••••••••••••••••-Dibrugarh, Assam, India
Supreme Music (India) Private Limited••••••••••••••••-Hyderabad, Telangana, India
Pari Agencies Private Limited••••••••••••••••-Delhi, India
Rupshee Communication Private Limited••••••••••••••••-Ahmedabad, Gujarat, India

Peers are the five companies nearest above and the five nearest below Gravity India Technologies 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 Gravity India Technologies Private Limited

Gravity India Technologies Private Limited is audited by G Sridhar & Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
G Sridhar & AssociatesLockedLockedLocked
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Board of Directors of Gravity India Technologies Private Limited

Gravity India Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Byatappnapalya Thimmappa MallikarjunaiahManaging Director16 Apr 199828 Years 5 MonthsCurrent
Charitha Ganga SandraDirector16 Apr 199828 Years 5 MonthsCurrent

Ownership and Shareholding of Gravity India Technologies Private Limited

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Charges & Borrowings of Gravity India Technologies Private Limited

Open charges
₹22.45 Cr
Satisfied charges
₹10.8 Cr
Breakdown by lending institutions
Canara Bank₹13.09 Cr
Others₹9.36 Cr
Latest charge details
DateLenderAmountStatus
29 Dec 2022Others₹7 CrOpen
07 Nov 2022Canara Bank₹16 LakhOpen
14 Aug 2020Canara Bank₹11.5 CrOpen
14 Aug 2020Canara Bank₹1.43 CrOpen
27 Feb 2018Others₹75.83 LakhOpen

Total charge records: 11 View all charges

Employees and EPFO Compliance at Gravity India Technologies Private Limited

Gravity India Technologies Private Limited has a workforce of 165 employees as of Apr 07, 2024.

Employee count
165
Active EPFO establishments
1
Employee growth
-1.79%
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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 Gravity India Technologies Private Limited

Gravity India Technologies Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Battapanahalli Thimmappa Mallikarjunaiah ceased to be Managing Director on 04 May 2015.

AGM
Gravity India Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gravity India Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 25 Sep 2017 via Charge ID 100131774 with Axis Bank Limited was fully satisfied on 20 Mar 2025.
Charges
A charge with Canara Bank of Rs. 1,150.00 Lakh registered on 14 Aug 2020 with Charge ID 100370196 was modified on 31 Jan 2025.
Charges
A charge registered on 13 Dec 2022 via Charge ID 100657768 with Others was fully satisfied on 13 Dec 2024.
Charges
A charge with Others of Rs. 700.00 Lakh registered on 29 Dec 2022 with Charge ID 100669644 was modified on 20 May 2024.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 13 Dec 2022 with Charge ID 100657768 was modified on 28 Mar 2023.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100669644 was registered on 29 Dec 2022.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100657768 was registered on 13 Dec 2022.
Charges
A charge with Canara Bank amounted to Rs. 16.00 Lakh with Charge ID 100641376 was registered on 07 Nov 2022.
Charges
A charge with Axis Bank Limited of Rs. 115.00 Lakh registered on 25 Sep 2017 with Charge ID 100131774 was modified on 09 Oct 2020.
Charges
A charge registered on 18 Feb 2010 via Charge ID 10207140 with Canara Bank was fully satisfied on 09 Sep 2020.

16 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Gravity India Technologies Private Limited

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MSME Payment Delays by Gravity India Technologies Private Limited

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Subsidiaries & Group Companies of Gravity India Technologies Private Limited

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GST Compliance of Gravity India Technologies Private Limited

Gravity India Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AABCG0535C1Z3KarnatakaActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Gravity India Technologies Private Limited

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Frequently Asked Questions about Gravity India Technologies Private Limited

Gravity India Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 April 1998 (28+ years old) and is registered under CIN U31200KA1998PTC023626.

Gravity India Technologies reported revenue of ₹61.41 Cr for FY 2025 (up 26% YoY).

Gravity India Technologies has 2 current directors:

Gravity India Technologies reported a net profit of ₹1.2 Cr (net margin 2%) and EBITDA of ₹3.77 Cr (EBITDA margin 6.1%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Gravity India Technologies is 3% over three years and 1% over five years. In the latest year (FY 2025) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Gravity India Technologies is 29AABCG0535C1Z3, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Gravity India Technologies is U31200KA1998PTC023626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gravity India Technologies has 12 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.

Gravity India Technologies was incorporated on 16 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Gravity India Technologies by revenue are Kesars Krishandarshan Private Limited, Aaishvy Gadgets Private Limited, Sehgal Wire Sales Pvt.Ltd, Sohan Communication Private Limited, Omtech Electricals Solutions Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).

Battapanahalli Thimmappa Mallikarjunaiah ceased to be Managing Director on 04 May 2015. Byatappnapalya Thimmappa Mallikarjunaiah was appointed as Managing Director on 16 Apr 1998. Charitha Ganga Sandra was appointed as Director on 16 Apr 1998.

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