About Indic Ems Electronics Private Limited
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Indic Ems Electronics Private Limited is a private limited company based in Doddaballapura, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 08 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32109KA2007PTC043071. Its GSTIN is 29AABCI7156H1ZC (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.03 Cr. It was formerly known as Indic Electronics Private Limited. It is led by directors including Vivek Khanna (Managing Director) and Anil Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 37 KIADB Industrial Area, Doddaballapura, Karnataka, India – 561203.
As per the financials filed for FY 2025, the company reported a revenue of ₹625.42 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹27.45 Cr (net margin 4.4%) and EBITDA of ₹49.83 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 29% over five years.
The company has about 126 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: INDIC. As per MCA filings, the company has open charges of ₹156 Cr and satisfied charges of ₹45.6 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 5 cases are pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹12.01 Cr; the latest was in June 2024. Its 5 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 2 larger and 3 smaller; the largest is Hitachi Terminal Solutions India Private Limited with revenue of ₹639.73 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 4 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indicelectronics.com.
Company details
Contact details
Indic Ems Electronics Private Limited's registered office is in Doddaballapura, Karnataka. Its website is indicelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 37 KIADB Industrial Area, Doddaballapura, Karnataka, India – 561203
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Indic Ems Electronics Private Limited, buy the company report.
- 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
Brands
Indic Ems Electronics operates one associated brand: INDIC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides electronics manufacturing, PCB assembly, testing, and supply chain services worldwide. | indicelectronics.com |
Business activity
The main business activity of Indic Ems Electronics 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 Indic Ems Electronics Private Limited, buy the company report.
Financials of Indic Ems Electronics Private Limited
FY 2025 filings availableIndic Ems Electronics Private Limited reported revenue of ₹625.42 Cr (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 71% growth in the latest year. EBITDA rose 40% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹625.42 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹49.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.45 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Indic Ems Electronics Private Limited, buy the company report.
Board of directors of Indic Ems Electronics Private Limited
Indic Ems Electronics has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Khanna Also directs: Global Electronics Design & Technology Private Limited | Managing Director | 04 Oct 2010 | 16 Years 0 Months | Current |
| Anil Gupta | Whole-Time Director | 08 Jun 2007 | 19 Years 4 Months | Current |
| Ayush Khanna | Additional Director | 28 Nov 2025 | 0 Years 10 Months | Current |
| Shirin Khanna | Additional Director | 26 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Indic Ems Electronics Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hitachi Terminal Solutions India Private Limited | ₹639.73 Cr (FY 2025) | 48.0% | Bangalore, Karnataka, India | |||
| Raneal Advanced Systems Private Limited | ₹626.1 Cr (FY 2025) | 160.0% | Devanahalli, Karnataka, India | |||
| Indic Ems Electronics Private Limitedthis company | ₹625.42 Cr (FY 2025) | ₹27.45 Cr | 4.4% | 71.0% | 148 | Doddaballapura, Karnataka, India |
| Fldec Systems Private Limited | ₹602.14 Cr (FY 2024) | 26.0% | Chennai, Tamil Nadu, India | |||
| Renishaw Metrology Systems Limited | ₹549.87 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Smile Electronics Limited | ₹487.19 Cr (FY 2025) | -6.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Indic Ems Electronics Private Limited, buy the company report.
Auditor
Indic Ems Electronics Private Limited is audited by LAWRENCE TELLIS AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAWRENCE TELLIS AND ASSOCIATES | FY 2024 | 001857S |
Shareholding
The shareholding of Indic Ems Electronics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indic Ems Electronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2026 | 101294899 | Others | ₹15 Cr | Open | |
| 24 Apr 2026 | 101287883 | Others | ₹20 Cr | Open | |
| 13 Nov 2025 | 101187356 | Axis Bank Limited | ₹121 Cr | Open | |
| 25 Nov 2015 | 10607505 | Axis Bank Limited | ₹32.4 Cr | Satisfied | |
| 24 Oct 2007 | 10074960 | State Bank of India | ₹13.2 Cr | Satisfied |
To see the full charge records of Indic Ems Electronics Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Indic Ems Electronics Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹12.01 Cr; the latest was in June 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹18.6 Lakh | Investors: 2 individuals |
| Oct 2012 | Funding round | ₹32.4 Lakh | Investors: 3 individuals |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Cipsa Ric India Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Cipsa Ric India Private Limited |
To see the full deal history of Indic Ems Electronics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indic Ems Electronics Private Limited has 5 court cases on record: 5 filed by Indic Ems Electronics. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 5 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sri Raksh Souhardha Credit Co Operative Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sri Raksh Souhardha Credit Co Operative Limitedd | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against Raksh Souhardha Credit Co Operative Limited | Pending |
To see the full case history of Indic Ems Electronics 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.
Credit ratings & regulatory alerts
Indic Ems Electronics Private Limited was last rated by Crisil on 21 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 May 2020 |
To see the full credit ratings and regulatory alerts of Indic Ems Electronics Private Limited, buy the company report.
MSME payment delays
Indic Ems Electronics Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mectronics Marketing Services |
To see the full MSME payment records of Indic Ems Electronics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Indic Ems Electronics Private Limited has a workforce of 148 employees on its EPFO records as of Aug 30, 2025, across 1 active EPFO establishment.
GST
Indic Ems Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI7156H1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indic Ems Electronics Private Limited, buy the company report.
Recent activity
Indic Ems Electronics Private Limited has 8 board changes on record since 2007: 4 appointments and 4 cessations. The latest: Ayush Khanna was appointed as Additional Director on 28 Nov 2025.
8 earlier events are in the company report.
Frequently asked questions
Indic Ems Electronics is an active private limited company based in Doddaballapura, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 08 June 2007 (19+ years old) and is registered under CIN U32109KA2007PTC043071.
Indic Ems Electronics has 4 current directors:
- Vivek Khanna - Managing Director
- Anil Gupta - Whole-Time Director
- Ayush Khanna - Additional Director
- Shirin Khanna - Additional Director
The latest financial statements of Indic Ems Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indic Ems Electronics is 29AABCI7156H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Indic Ems Electronics is U32109KA2007PTC043071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indic Ems Electronics has 5 court cases on record: 5 filed by the company. 5 are pending.
Indic Ems Electronics was incorporated on 08 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Indic Ems Electronics has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹12.01 Cr; the latest was in June 2024.
The peers of Indic Ems Electronics by revenue are Hitachi Terminal Solutions India Private Limited, Raneal Advanced Systems Private Limited, Fldec Systems Private Limited, Renishaw Metrology Systems Limited, Smile Electronics Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Ayush Khanna was appointed as Additional Director on 28 Nov 2025. Shirin Khanna was appointed as Additional Director on 26 Nov 2025. Serrano Salinas Beatriz Margarita ceased to be Director on 02 Jul 2024. Indic Ems Electronics has 8 board changes on record in total.
Indic Ems Electronics has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 25 Oct 2021.
Indic Ems Electronics can be reached through the website indicelectronics.com. Its registered office is in Doddaballapura, Karnataka, India.