ISO Flex Systems Private Limited

ISO Flex Systems Private Limited - manufacturing in Malur, Karnataka, India. FY 2026 financials & compliance.
CIN U24297KA2008PTC048015 Incorporated 15 October 2008 ROC Bangalore HQ Malur, Karnataka, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹16.07 Cr
▲ 29% YoY
Net profit · FY 2024
₹13.48 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹64.81 Lakh
EBITDA margin 4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹16.72 Lakh
Issued & subscribed
Open charges
₹3.05 Cr
Satisfied ₹4.54 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
36
Provident fund records

About ISO Flex Systems Private Limited

Data last updated:

ISO Flex Systems Private Limited is a private limited company based in Malur, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 15 October 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24297KA2008PTC048015. Its GSTIN is 29AABCI9804N1Z0 (Karnataka).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.72 Lakh. It is led by directors Shankar Balakrishnan and Uppath Balakrishnan.

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 No – 10 1st Phase KIADB Industrial Area, Malur, Karnataka, India – 563130.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.07 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹13.48 Lakh (net margin 0.8%) and EBITDA of ₹64.81 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 11% over five years.

The company has about 36 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Isoflex Systems. As per MCA filings, the company has open charges of ₹3.05 Cr and satisfied charges of ₹4.54 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.

ISO Flex Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-19-0001168). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isoflexsystems.com.

Company details

CIN U24297KA2008PTC048015
Registration Number 048015
Incorporation Date 15 October 2008
ROC Bangalore
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-KR-19-0001168
Key People
Shankar Balakrishnan Director Uppath Balakrishnan Director

Recognitions & Rankings of ISO Flex Systems

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-19-0001168

Contact details

ISO Flex Systems Private Limited's registered office is in Malur, Karnataka. Its website is isoflexsystems.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    isoflexsystems.com
  • Social Media
  • Registered Address
    No – 10 1st Phase KIADB Industrial Area, Malur, Karnataka, India – 563130
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of ISO Flex Systems Private Limited, buy the company report.

Comprehensive company report
ISO Flex Systems 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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Brands

ISO Flex Systems operates one associated brand: Isoflex Systems. Each brand links to its own profile.

BrandDescriptionWebsite
Isoflex Systems
Provision of insulated doors, panels, and solutions for industrial and cold chain applications.isoflexsystems.com

Business activity

The main business activity of ISO Flex Systems is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of ISO Flex Systems Private Limited, buy the company report.

Financials of ISO Flex Systems Private Limited

FY 2024 filings available

ISO Flex Systems Private Limited reported revenue of ₹16.07 Cr (up 29% YoY) for FY 2024.

Revenue · FY 2024
₹16.07 Cr ▲ 29%
Net profit · FY 2024
₹13.48 Lakh margin 0.8%
EBITDA · FY 2024
₹64.81 Lakh margin 4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 24%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 17%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 29% growth in the latest year. EBITDA rose 12% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹64.81 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.48 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4%
Net Profit Margin0.8%
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 ISO Flex Systems Private Limited, buy the company report.

Board of directors of ISO Flex Systems Private Limited

ISO Flex Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shankar Balakrishnan
Also directs: Aniso Solutions Private Limited
Director04 Jun 201412 Years 5 MonthsCurrent
Uppath BalakrishnanDirector15 Oct 200818 Years 0 MonthsCurrent
View all directors

Peer comparison

ISO Flex Systems Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Batra Polychem Private Limited₹16.13 Cr (FY 2017)-11.0%Ludhiana, Punjab, India
Madurai Sri Kamatchi Plastic Private Limited₹16.12 Cr (FY 2024)-4.0%Madurai, Tamil Nadu, India
Eastern Formonics Private Limited₹16.1 Cr (FY 2024)59.0%Mumbai, Maharashtra, India
ISO Flex Systems Private Limitedthis company₹16.07 Cr (FY 2024)₹13.48 Lakh0.8%29.0%36Malur, Karnataka, India
Vin Poly Recyclers Private Limited₹16.07 Cr (FY 2025)-10.0%New Delhi, Delhi, India
Reino Infra-Developers Private Limited₹16.06 Cr (FY 2024)6.0%Kolkata, West Bengal, India

To see the full peer comparison of ISO Flex Systems Private Limited, buy the company report.

Auditor

ISO Flex Systems Private Limited is audited by VISHNU RAM & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VISHNU RAM & CO.FY 2023004742S

Shareholding

The shareholding of ISO Flex Systems 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of ISO Flex Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.05 Cr
Satisfied charges
₹4.54 Cr
Breakdown by lending institutions
Axis Bank Limited₹3.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Feb 2024100874822Axis Bank Limited₹2.75 CrOpen
24 Mar 2022100553940Axis Bank Limited₹29.94 LakhOpen
19 Jun 2023100731087Others₹2.1 CrSatisfied
30 Mar 200910156353Punjab National Bank₹2.44 CrSatisfied

To see the full charge records of ISO Flex Systems Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for ISO Flex Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

ISO Flex Systems Private Limited has a workforce of 36 employees on its EPFO records as of May 2026.

Employee count
36
Employee growth
-16.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2736
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of ISO Flex Systems Private Limited, buy the company report.

GST

ISO Flex Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCI9804N1Z0KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of ISO Flex Systems Private Limited, buy the company report.

Recent activity

ISO Flex Systems Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Chandralekha Chithranath ceased to be Director on 12 Dec 2023.

Charges
A charge with Axis Bank Limited of Rs. 275.00 Lakh registered on 22 Feb 2024 with Charge ID 100874822 was modified on 28 Oct 2025.
AGM
Iso Flex Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Iso Flex Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 19 Jun 2023 via Charge ID 100731087 with Others was fully satisfied on 02 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 275.00 Lakh with Charge ID 100874822 was registered on 22 Feb 2024.
Ceased
Chandralekha Chithranath ceased to be Director.
Ceased
Gouri Balakrishnan ceased to be Director.
Charges
A charge with Others amounted to Rs. 210.00 Lakh with Charge ID 100731087 was registered on 19 Jun 2023.
Charges
A charge registered on 30 Mar 2009 via Charge ID 10156353 with Punjab National Bank was fully satisfied on 26 May 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 29.94 Lakh with Charge ID 100553940 was registered on 24 Mar 2022.
Charges
A charge with Punjab National Bank of Rs. 244.35 Lakh registered on 30 Mar 2009 with Charge ID 10156353 was modified on 11 Jan 2016.
Ceased
Haridas Uppath ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

ISO Flex Systems is an active private limited company based in Malur, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 15 October 2008 (18+ years old) and is registered under CIN U24297KA2008PTC048015.

ISO Flex Systems has 2 current directors:

The latest financial statements of ISO Flex Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of ISO Flex Systems is 29AABCI9804N1Z0, registered in Karnataka.

The CIN (Corporate Identification Number) of ISO Flex Systems is U24297KA2008PTC048015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

ISO Flex Systems has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.

ISO Flex Systems was incorporated on 15 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of ISO Flex Systems by revenue are Batra Polychem Private Limited, Madurai Sri Kamatchi Plastic Private Limited, Eastern Formonics Private Limited, Vin Poly Recyclers Private Limited, Reino Infra-Developers Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Chandralekha Chithranath ceased to be Director on 12 Dec 2023. Gouri Balakrishnan ceased to be Director on 12 Dec 2023. Haridas Uppath ceased to be Director on 18 Jun 2014. ISO Flex Systems has 6 board changes on record in total.

Yes, ISO Flex Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-19-0001168).

ISO Flex Systems can be reached through the website isoflexsystems.com. Its registered office is in Malur, Karnataka, India.