MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0136660
Gunatheetha Earthmoving Solutions Private Limited
Gunatheetha Earthmoving Solutions Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹50.07 Cr
▲ 79% YoY
Net profit · FY 2023
₹56.39 Lakh
Net margin 1.1%
EBITDA · FY 2023
₹1.77 Cr
EBITDA margin 3.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹11.8 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
51
Provident fund records
About Gunatheetha Earthmoving Solutions Private Limited
Data last updated:
Gunatheetha Earthmoving Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 29 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2019PTC129143. Its GSTIN is 29AAICG0533B1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Venkatesh Murthy Channegowda and Vatte Satish Reddy.
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 is at A – 186 B.B.M.P Municipal No. A/186 – 1 4th Cross 1st Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2023, the company reported a revenue of ₹50.07 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹56.39 Lakh (net margin 1.1%) and EBITDA of ₹1.77 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 269% over three years.
The company has about 51 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Gunatheetha Earthmoving Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0136660).
Company details
CIN U45209KA2019PTC129143
Registration Number 129143
Incorporation Date 29 October 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0136660
Recognitions & Rankings of Gunatheetha Earthmoving Solutions
Contact details
Gunatheetha Earthmoving Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 186 B.B.M.P Municipal No. A/186 – 1 4th Cross 1st Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Gunatheetha Earthmoving Solutions Private Limited, buy the company report.
Comprehensive company report
Gunatheetha Earthmoving Solutions 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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Business activity
The main business activity of Gunatheetha Earthmoving Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Gunatheetha Earthmoving Solutions Private Limited, buy the company report.
Financials of Gunatheetha Earthmoving Solutions Private Limited
FY 2023 filings availableGunatheetha Earthmoving Solutions Private Limited reported revenue of ₹50.07 Cr (up 79% YoY) for FY 2023.
Revenue · FY 2023
₹50.07 Cr ▲ 79%
Net profit · FY 2023
₹56.39 Lakh margin 1.1%
EBITDA · FY 2023
₹1.77 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 269%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▲ 113%
Revenue has grown at a compounded annual rate (CAGR) of 269% over three years, including 79% growth in the latest year. EBITDA rose 102% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹50.07 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.77 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹56.39 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 | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.5% | |||
| Net Profit Margin | 1.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Gunatheetha Earthmoving Solutions Private Limited, buy the company report.
Board of directors of Gunatheetha Earthmoving Solutions Private Limited
Gunatheetha Earthmoving Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Murthy Channegowda | Director | 29 Oct 2019 | 7 Years 0 Months | Current |
| Vatte Satish Reddy | Director | 29 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Gunatheetha Earthmoving Solutions Private Limited is audited by GD AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GD AND ASSOCIATES | FY 2023 | 011187S |
Shareholding
The shareholding of Gunatheetha Earthmoving Solutions Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gunatheetha Earthmoving Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2025 | 101199517 | Others | ₹8 Cr | Open | |
| 26 Nov 2025 | 101199515 | Others | ₹2 Cr | Open | |
| 19 Sep 2024 | 100979139 | Others | ₹50 Lakh | Open | |
| 18 Oct 2022 | 100625048 | Others | ₹1.05 Cr | Open | |
| 20 Oct 2020 | 100408459 | Hdfc Bank Limited | ₹24.67 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
Gunatheetha Earthmoving Solutions Private Limited has 1 court case on record: 1 filed by Gunatheetha Earthmoving Solutions. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Gunatheetha Earthmoving Solutions 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 Gunatheetha Earthmoving Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gunatheetha Earthmoving Solutions Private Limited has a workforce of 51 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-7.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 51 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Gunatheetha Earthmoving Solutions Private Limited, buy the company report.
GST
Gunatheetha Earthmoving Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICG0533B1Z0 | Karnataka | Active | 03 Jan 2020 |
| 37AAICG0533B1Z3 | Andhra Pradesh | Active | 14 Dec 2021 |
To see the full GST registrations and return filing status of Gunatheetha Earthmoving Solutions Private Limited, buy the company report.
Recent activity
Gunatheetha Earthmoving Solutions Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Lakshminarayana Basetti ceased to be Director on 01 Apr 2024.
Charges
A charge with Others amounted to Rs. 800.00 Lakh with Charge ID 101199517 was registered on 26 Nov 2025.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 101199515 was registered on 26 Nov 2025.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100979139 was registered on 19 Sep 2024.
Ceased
Lakshminarayana Basetti ceased to be Director.
AGM
Gunatheetha Earthmoving Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Aruna Kumar Somanchi ceased to be Director.
Ceased
Lakshmipura Ramachandra Kishor ceased to be Additional Director.
Filing
Gunatheetha Earthmoving Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 105.00 Lakh with Charge ID 100625048 was registered on 18 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.67 Lakh with Charge ID 100408459 was registered on 20 Oct 2020.
Appointed
Vatte Satish Reddy was appointed as Director.
Appointed
Venkatesh Murthy Channegowda was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Gunatheetha Earthmoving Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 29 October 2019 (7+ years old) and is registered under CIN U45209KA2019PTC129143.
Gunatheetha Earthmoving Solutions has 2 current directors:
- Venkatesh Murthy Channegowda - Director
- Vatte Satish Reddy - Director
The latest financial statements of Gunatheetha Earthmoving Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Gunatheetha Earthmoving Solutions is 29AAICG0533B1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAICG0533B1Z3 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Gunatheetha Earthmoving Solutions is U45209KA2019PTC129143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gunatheetha Earthmoving Solutions has 1 court case on record: 1 filed by the company. 1 is pending.
Gunatheetha Earthmoving Solutions was incorporated on 29 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Lakshminarayana Basetti ceased to be Director on 01 Apr 2024. Aruna Kumar Somanchi ceased to be Director on 13 Apr 2023. Lakshmipura Ramachandra Kishor ceased to be Additional Director on 13 Apr 2023. Gunatheetha Earthmoving Solutions has 5 board changes on record in total.
Yes, Gunatheetha Earthmoving Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0136660).
The registered office of Gunatheetha Earthmoving Solutions is at A – 186 B.B.M.P Municipal No. A186 – 1 4th Cross 1st Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
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