About Kusalava Batteries Private Limited
Data last updated:
Kusalava Batteries Private Limited was a private limited company based in Vijayawada, Andhra Pradesh, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 09 August 2010.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U31908AP2010PTC069888. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.01 Cr. It was led by directors Ravindra Muthavarapu and Potluri Venkataratnam.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Kusalava Hundai Building M G Road Labbipet, Vijayawada, Andhra Pradesh, India – 520010.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.2 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹4.33 Cr (net margin -28.5%) and EBITDA of -₹3.4 Cr (EBITDA margin -22.3%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹10.5 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2017.
The last known website on record is kusalava.com.
Company details
Contact details
Kusalava Batteries Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its website is kusalava.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKusalava Hundai Building M G Road Labbipet, Vijayawada, Andhra Pradesh, India – 520010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Kusalava Batteries 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
Business activity
The main business activity of Kusalava Batteries 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 Kusalava Batteries Private Limited, buy the company report.
Financials of Kusalava Batteries Private Limited
FY 2018 filings availableKusalava Batteries Private Limited reported revenue of ₹15.2 Cr (down 35% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 35% fall in the latest year. EBITDA fell 351% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
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| EBITDA | -₹3.4 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.33 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -22.3% | |||
| Net Profit Margin | -28.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
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To see the full financial statements and ratios of Kusalava Batteries Private Limited, buy the company report.
Board of directors of Kusalava Batteries Private Limited
Kusalava Batteries has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Muthavarapu Also directs: Kusalava International Limited, Kusalava Motors Private Limited, Tranzit Mobility Private Limited and 1 more | Director | 01 Jan 2018 | 8 Years 10 Months | As last reported |
| Potluri Venkataratnam | Director | 04 Sep 2010 | 16 Years 2 Months | As last reported |
Auditor
Kusalava Batteries Private Limited is audited by PRASAD & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD & CO | FY 2016 | 002743S |
Shareholding
The shareholding of Kusalava Batteries Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kusalava Batteries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2010 | 10257780 | State Bank of India | ₹10.5 Cr | Satisfied |
To see the full charge records of Kusalava Batteries Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Kusalava Batteries Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kusalava Realty Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kusalava Batteries Private Limited has 9 court cases on record: 8 filed by Kusalava Batteries, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed against the company | Disposed |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Kusalava Batteries 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 Kusalava Batteries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kusalava Batteries has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ameya Batteries Private Limited | U31109AP2010PTC069531 |
To see the full group structure of Kusalava Batteries Private Limited, buy the company report.
Employees & EPFO
Kusalava Batteries Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kusalava Batteries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kusalava Batteries Private Limited, buy the company report.
Recent activity
Kusalava Batteries Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Ravindra Muthavarapu ceased to be Additional Director on 26 Sep 2018.
2 earlier events are in the company report.
News
Frequently asked questions
Kusalava Batteries has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Kusalava Batteries was a private limited company based in Vijayawada, Andhra Pradesh, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 09 August 2010 and is registered under CIN U31908AP2010PTC069888. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Kusalava Batteries was incorporated on 09 August 2010. It is registered with the Registrar of Companies, Vijayawada.
Kusalava Batteries had 2 directors:
- Ravindra Muthavarapu - Director
- Potluri Venkataratnam - Director
The CIN (Corporate Identification Number) of Kusalava Batteries is U31908AP2010PTC069888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kusalava Batteries is at Kusalava Hundai Building M G Road Labbipet, Vijayawada, Andhra Pradesh, India – 520010.
Kusalava Batteries can be reached through the website kusalava.com. Its registered office is in Vijayawada, Andhra Pradesh, India.
The latest financial statements of Kusalava Batteries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
No. Kusalava Batteries has 3 GST registrations on record and all of them are cancelled or inactive.
Kusalava Batteries operated in the automotive industry, in the auto dealership and trading segment.
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