MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-16-0001660
Maltown Electrics Private Limited
Maltown Electrics Private Limited - consumer electronics & durables in Hassan, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹57.27 Cr
▼ 38% YoY
Net profit · FY 2024
₹3.6 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹6.26 Cr
EBITDA margin 10.9%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹8 Cr
Issued & subscribed
Open charges
₹27.54 Cr
Satisfied ₹52.56 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
24
Provident fund records
About Maltown Electrics Private Limited
Data last updated:
Maltown Electrics Private Limited is a private limited company based in Hassan, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31501KA2013PTC068278. Its GSTIN is 29AAJCM3003H1ZM (Karnataka).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Muralidar Gautham Sharath Chandrakumar and Mallipattana Murlidhar.
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 Hassan, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.27 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Lakh (net margin 0.1%) and EBITDA of ₹6.26 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 42% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.54 Cr and satisfied charges of ₹52.56 Cr on record.
Maltown Electrics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-16-0001660). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31501KA2013PTC068278
Registration Number 068278
Incorporation Date 26 March 2013
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 Medium
Udyam Registration UDYAM-KR-16-0001660
Key People
Muralidar Gautham Sharath Chandrakumar Director Mallipattana Murlidhar Director Sadanand Joshi Director Recognitions & Rankings of Maltown Electrics
Contact details
Maltown Electrics Private Limited's registered office is in Hassan, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.560 – H Industrial Growth Centre Holenarasipura Road KIADB Industrial Ar, Ea, Hassan, Karnataka, India – 573201
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Maltown Electrics Private Limited, buy the company report.
Comprehensive company report
Maltown Electrics 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 Maltown Electrics 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 Maltown Electrics Private Limited, buy the company report.
Financials of Maltown Electrics Private Limited
FY 2024 filings availableMaltown Electrics Private Limited reported revenue of ₹57.27 Cr (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹57.27 Cr ▼ 38%
Net profit · FY 2024
₹3.6 Lakh margin 0.1%
EBITDA · FY 2024
₹6.26 Cr margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 7%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 3%
5 years · compounded
▲ 13%
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.6 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Maltown Electrics Private Limited, buy the company report.
Board of directors of Maltown Electrics Private Limited
Maltown Electrics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muralidar Gautham Sharath Chandrakumar Also directs: M Acer Automotive Systems Private Limited | Director | 26 Mar 2013 | 13 Years 7 Months | Current |
| Mallipattana Murlidhar | Director | 26 Mar 2013 | 13 Years 7 Months | Current |
| Sadanand Joshi Also directs: Mfinity Engineering Private Limited | Director | 04 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Maltown Electrics Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Regent Lighting Asia Private Limited | ₹93.58 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Ands Lite Private Limited | ₹92.5 Cr (FY 2025) | 4.0% | Delhi, India | |||
| Hong Guang De Technology India Private Limited | ₹91.23 Cr (FY 2024) | 108.0% | Noida, Uttar Pradesh, India | |||
| Maltown Electrics Private Limitedthis company | ₹57.27 Cr (FY 2024) | ₹3.6 Lakh | 0.1% | -38.0% | 24 | Hassan, Karnataka, India |
To see the full peer comparison of Maltown Electrics Private Limited, buy the company report.
Auditor
Maltown Electrics Private Limited is audited by M.S. Srinath for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.S. Srinath | FY 2024 | 200915 |
Shareholding
The shareholding of Maltown Electrics 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maltown Electrics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.54 Cr
Satisfied charges
₹52.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2025 | 101156629 | Hdfc Bank Limited | ₹35 Lakh | Open | |
| 25 Aug 2022 | 100614317 | Axis Bank Limited | ₹25.64 Cr | Open | |
| 15 Nov 2021 | 100533033 | Others | ₹1.1 Cr | Open | |
| 11 Sep 2020 | 100373053 | Others | ₹45 Lakh | Open | |
| 22 Oct 2020 | 100384946 | Hdfc Bank Limited | ₹2.82 Cr | Satisfied |
To see the full charge records of Maltown Electrics Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Maltown Electrics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maltown Electrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maltown Electrics Private Limited has a workforce of 24 employees on its EPFO records as of Mar 26, 2025, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
-17.24%
GST
Maltown Electrics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM3003H1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maltown Electrics Private Limited, buy the company report.
Recent activity
Maltown Electrics Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Hulugundi Rangaswamy Vijayakumar ceased to be Director on 22 Sep 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 101156629 was registered on 17 Jun 2025.
AGM
Maltown Electrics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maltown Electrics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 25.64 Cr registered on 25 Aug 2022 with Charge ID 100614317 was modified on 15 Mar 2023.
Charges
A charge registered on 22 Oct 2020 via Charge ID 100384946 with Hdfc Bank Limited was fully satisfied on 01 Oct 2022.
Charges
A charge registered on 11 Aug 2020 via Charge ID 100373722 with Hdfc Bank Limited was fully satisfied on 01 Oct 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 25.64 Cr with Charge ID 100614317 was registered on 25 Aug 2022.
Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 100533033 was registered on 15 Nov 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 24.70 Cr registered on 11 Aug 2020 with Charge ID 100373722 was modified on 05 Aug 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 2.82 Cr registered on 22 Oct 2020 with Charge ID 100384946 was modified on 22 Dec 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.82 Cr with Charge ID 100384946 was registered on 22 Oct 2020.
Charges
A charge registered on 03 Mar 2018 via Charge ID 100177909 with Yes Bank Limited was fully satisfied on 29 Sep 2020.
14 earlier events are in the company report.
Frequently asked questions
Maltown Electrics is an active private limited company based in Hassan, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 March 2013 (13+ years old) and is registered under CIN U31501KA2013PTC068278.
Maltown Electrics has 3 current directors:
- Muralidar Gautham Sharath Chandrakumar - Director
- Mallipattana Murlidhar - Director
- Sadanand Joshi - Director
The latest financial statements of Maltown Electrics 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 Maltown Electrics is 29AAJCM3003H1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Maltown Electrics is U31501KA2013PTC068278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maltown Electrics was incorporated on 26 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Maltown Electrics by revenue are Regent Lighting Asia Private Limited, Ands Lite Private Limited, Hong Guang De Technology India 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).
Hulugundi Rangaswamy Vijayakumar ceased to be Director on 22 Sep 2018. Sadanand Joshi was appointed as Director on 04 Mar 2016. Mallipattana Murlidhar was appointed as Director on 26 Mar 2013. Maltown Electrics has 4 board changes on record in total.
Yes, Maltown Electrics is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-16-0001660).
The registered office of Maltown Electrics is at Plot No.560 – H Industrial Growth Centre Holenarasipura Road KIADB Industrial Ar, Ea, Hassan, Karnataka, India – 573201.
Maltown Electrics operates in the consumer electronics and durables industry, in the electronics manufacturing segment.