MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TS-09-0032669
Maave Electronics Private Limited - consumer electronics & durables in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹3.33 Cr
▼ 95% YoY
Net loss · FY 2019
₹2.43 Cr
Net margin -72.9%
EBITDA · FY 2019
-₹84.28 Lakh
EBITDA margin -25.3%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.05 Cr
Issued & subscribed
Open charges
₹5.25 Cr
Satisfied ₹2.85 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
12
Provident fund records
About Maave Electronics Private Limited
Data last updated:
Maave Electronics Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Gkml Software Technologies Private Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2007PTC055355. Its GSTIN is 36AAFCM2634Q1Z1 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Venkateswara Rao Potluri (Whole-Time Director) and Venkateswara Rao Golla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No. 192/B Iiird Floor Ida Phase II Cherlapally, Hyderabad, Telangana, India – 500051.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.33 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹2.43 Cr (net margin -72.9%) and EBITDA of -₹84.28 Lakh (EBITDA margin -25.3%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 5% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.25 Cr and satisfied charges of ₹2.85 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in January 2015. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is WM Energy and Lighting Private Limited with revenue of ₹3.35 Cr.
Maave Electronics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0032669). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maave.com.
Company details
CIN U74999TG2007PTC055355
Registration Number 055355
Incorporation Date 31 August 2007
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Parent Company Gkml Software Technologies Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-09-0032669
CIN history
Maave Electronics has one previous CIN (Corporate Identification Number): U74999AP2007PTC055355. The current CIN is U74999TG2007PTC055355, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TG2007PTC055355 | Current |
| U74999AP2007PTC055355 | Previous |
Recognitions & Rankings of Maave Electronics
Contact details
Maave Electronics Private Limited's registered office is in Hyderabad, Telangana. Its website is maave.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 192/B Iiird Floor Ida Phase II Cherlapally, Hyderabad, Telangana, India – 500051
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Maave Electronics Private Limited, buy the company report.
Comprehensive company report
Maave Electronics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Maave Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Maave Electronics Private Limited, buy the company report.
Financials of Maave Electronics Private Limited
FY 2019 filings availableMaave Electronics Private Limited reported revenue of ₹3.33 Cr (down 95% YoY) for FY 2019.
Revenue · FY 2019
₹3.33 Cr ▼ 95%
Net loss · FY 2019
₹2.43 Cr margin -72.9%
EBITDA · FY 2019
-₹84.28 Lakh margin -25.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 54%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 169%
3 years · compounded
▼ 39%
5 years · compounded
▼ 27%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 95% fall in the latest year. EBITDA fell 169% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹84.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.43 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.3% | ||||
| Net Profit Margin | -72.9% | ||||
| 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 Maave Electronics Private Limited, buy the company report.
Board of directors of Maave Electronics Private Limited
Maave Electronics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswara Rao Golla | Director | 31 Aug 2007 | 19 Years 1 Months | Current |
| Venkateswara Rao Potluri | Whole-Time Director | 03 Jan 2015 | 11 Years 9 Months | Current |
Peer comparison
Maave Electronics Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| WM Energy and Lighting Private Limited | ₹3.35 Cr (FY 2024) | -50.0% | New Delhi, Delhi, India | |||
| Aberrash India Private Limited | ₹3.34 Cr (FY 2024) | 98.0% | Karur, Tamil Nadu, India | |||
| Maave Electronics Private Limitedthis company | ₹3.33 Cr (FY 2019) | -₹2.43 Cr | -72.9% | -95.0% | 12 | Hyderabad, Telangana, India |
| Akino Tech Private Limited | ₹3.31 Cr (FY 2025) | -45.0% | Chennai, Tamil Nadu, India | |||
| Adit Infracom Private Limited | ₹3.31 Cr (FY 2025) | -70.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Maave Electronics Private Limited, buy the company report.
Auditor
Maave Electronics Private Limited is audited by PINNAMANENI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PINNAMANENI & CO | FY 2019 | 002661S |
Shareholding
The shareholding of Maave Electronics Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Maave Electronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.25 Cr
Satisfied charges
₹2.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2012 | 10402731 | Andhra Bank | ₹50 Lakh | Open | |
| 05 Sep 2009 | 10173441 | Andhra Bank | ₹4.75 Cr | Open | |
| 14 Aug 2008 | 10119812 | Development Credit Bank Limited | ₹2.85 Cr | Satisfied |
To see the full charge records of Maave Electronics Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Maave Electronics Private Limited has 1 deal on record (1 acquisition); the latest was in January 2015.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Acquisition | Undisclosed | Seller: Mic Electronics Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maave Electronics Private Limited has 8 court cases on record: 1 filed by Maave Electronics, 7 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
1
Filed against the company
7
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 3 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt Ltd | Pending |
| High Court, TELANGANA | Appeal | Filed by the company against M/S Energy Efficiency Services Limited and 3 others | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company by M/S National Small Industries Corporation Ltd., | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Ltd. | Disposed |
| High Court | Arbitration matter | Filed against the company by Srei Equipment Finance Ltd | Disposed |
To see the full case history of Maave 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maave Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maave Electronics Private Limited has a workforce of 12 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-14.29%
GST
Maave Electronics has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCM2634Q1Z1 | Telangana | Active | 01 Jul 2017 |
| 37AAFCM2634Q1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maave Electronics Private Limited, buy the company report.
Recent activity
Maave Electronics Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Venkateswara Rao Golla ceased to be Director on 01 Apr 2021.
Ceased
Venkateswara Rao Golla ceased to be Director.
Ceased
Venkateswara Rao Potluri ceased to be Whole-Time Director.
AGM
Maave Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Maave Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.
Ceased
Venkataramana Maganti Rao ceased to be Director.
Appointed
Venkateswara Rao Potluri was appointed as Whole-Time Director.
Charges
A charge with Andhra Bank of Rs. 4.75 Cr registered on 05 Sep 2009 with Charge ID 10173441 was modified on 05 Jun 2014.
Charges
A charge with Andhra Bank amounted to Rs. 0.50 Cr with Charge ID 10402731 was registered on 29 Dec 2012.
Charges
A charge with Andhra Bank amounted to Rs. 4.75 Cr with Charge ID 10173441 was registered on 05 Sep 2009.
Charges
A charge registered on 14 Aug 2008 via Charge ID 10119812 with Development Credit Bank Limited was fully satisfied on 28 Aug 2009.
Ceased
Paladugu Narayana ceased to be Additional Director.
Charges
A charge with Development Credit Bank Limited amounted to Rs. 2.85 Cr with Charge ID 10119812 was registered on 14 Aug 2008.
3 earlier events are in the company report.
Frequently asked questions
Maave Electronics is an active private limited company based in Hyderabad, Telangana, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 August 2007 (19+ years old) and is registered under CIN U74999TG2007PTC055355.
Maave Electronics has 2 current directors:
- Venkateswara Rao Potluri - Whole-Time Director
- Venkateswara Rao Golla - Director
The latest financial statements of Maave Electronics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Maave Electronics is 36AAFCM2634Q1Z1, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAFCM2634Q1ZZ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Maave Electronics is U74999TG2007PTC055355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maave Electronics has 8 court cases on record: 1 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Maave Electronics was incorporated on 31 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Maave Electronics has 1 deal on record (1 acquisition); the latest was in January 2015.
The peers of Maave Electronics by revenue are WM Energy and Lighting Private Limited, Aberrash India Private Limited, Akino Tech Private Limited, Adit Infracom Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Venkateswara Rao Golla ceased to be Director on 01 Apr 2021. Venkateswara Rao Potluri ceased to be Whole-Time Director on 01 Apr 2021. Venkataramana Maganti Rao ceased to be Director on 28 Mar 2015. Maave Electronics has 7 board changes on record in total.
Yes, Maave Electronics is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-09-0032669).