Startup India Government of India
Microwatt Energy Systems Private Limited - automotive in Seegehalli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.95 Cr
▲ 215% YoY
Net loss · FY 2025
₹6.4 Lakh
Net margin -1.6%
EBITDA · FY 2025
-₹60,735
EBITDA margin -0.2%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.52 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Microwatt Energy Systems Private Limited
Data last updated:
Microwatt Energy Systems Private Limited is a private limited company based in Seegehalli, Karnataka, India, recognised as a startup by DPIIT. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 13 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2017PTC104630. Its GSTIN is 29AALCM1961A1ZJ (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.52 Lakh. It is led by directors including Richie Saraswat and Rao Chodisetty Taraka Ram Mohan.
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 #31 Shriman Nivasam 1st Main 4th Cross Sri Manjunatha Nagara Abhirudhi Layout, Seegehalli, Karnataka, India – 560049.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.95 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.4 Lakh (net margin -1.6%) and EBITDA of -₹60,735 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 65% over five years.
The company is associated with 1 brand: Microwatt Energy Systems. Court records list 10 cases involving the company, including 10 filed by the company; 5 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹60 Lakh; the latest was in September 2017.
Microwatt Energy Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0185776). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website microwattenergy.com.
Company details
CIN U31909KA2017PTC104630
Registration Number 104630
Incorporation Date 13 July 2017
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
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0185776
Key People
Richie Saraswat Director Rao Chodisetty Taraka Ram Mohan Director Abdul Hakeem Arif Director Recognitions & Rankings of Microwatt Energy Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0185776
Contact details
Microwatt Energy Systems Private Limited's registered office is in Seegehalli, Karnataka. Its website is microwattenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#31 Shriman Nivasam 1st Main 4th Cross Sri Manjunatha Nagara Abhirudhi Layout, Seegehalli, Karnataka, India – 560049
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Microwatt Energy Systems Private Limited, buy the company report.
Comprehensive company report
Microwatt Energy 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Microwatt Energy Systems operates one associated brand: Microwatt Energy Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops battery management and vehicle control systems for electric vehicle applications worldwide. | microwattenergy.com |
Business activity
The main business activity of Microwatt Energy Systems 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 Microwatt Energy Systems Private Limited, buy the company report.
Financials of Microwatt Energy Systems Private Limited
FY 2024 filings availableMicrowatt Energy Systems Private Limited reported revenue of ₹3.95 Cr (up 215% YoY) for FY 2025.
Revenue · FY 2025
₹3.95 Cr ▲ 215%
Net loss · FY 2025
₹6.4 Lakh margin -1.6%
EBITDA · FY 2025
-₹60,735 margin -0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 215%
3 years · compounded
▲ 38%
5 years · compounded
▲ 65%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▼ 26%
5 years · compounded
▼ 20%
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 215% growth in the latest year. EBITDA rose 99% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹60,735 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.4 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -1.6% | ||||
| 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 Microwatt Energy Systems Private Limited, buy the company report.
Board of directors of Microwatt Energy Systems Private Limited
Microwatt Energy Systems 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 |
|---|---|---|---|---|
| Richie Saraswat Also directs: Wynncom Digital Devices Private Limited, Thingscloud Technologies Private Limited, Doo Innovation Private Limited and 1 more | Director | 02 Nov 2017 | 8 Years 11 Months | Current |
| Rao Chodisetty Taraka Ram Mohan | Director | 13 Jul 2017 | 9 Years 3 Months | Current |
| Abdul Hakeem Arif | Director | 13 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Microwatt Energy Systems Private Limited is audited by JainGupta and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JainGupta and Co. | FY 2023 | 016799S |
Shareholding
The shareholding of Microwatt Energy 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 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 Microwatt Energy Systems Private Limited, buy the company report.
Deals & funding
Microwatt Energy Systems Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹60 Lakh; the latest was in September 2017.
Total deals
1
Funding round
1
Disclosed funding
₹60 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Funding round | ₹60 Lakh | Investors: Livguard Holdings Pte. Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Microwatt Energy Systems Private Limited has 10 court cases on record: 10 filed by Microwatt Energy Systems. 5 cases are pending and 5 are disposed.
Total cases
10
Filed by the company
10
Pending
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 0 | 5 |
Cases on record (4 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed by the company against Cygni Energy Pvt.Ltd., | Pending |
| Madras High Court | Appeal | Filed by the company against Cygni Energy Pvt.Ltd., | Disposed |
| Madras High Court | Appeal | Filed by the company against M/S.Cygni Energy Pvt., Ltd., | Disposed |
| Madras High Court | Appeal | Filed by the company against M/S.Cygni Energy Pvt., Ltd., | Disposed |
To see the full case history of Microwatt Energy Systems 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 Microwatt Energy Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Microwatt Energy Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM1961A1ZJ | Karnataka | Active | 19 Feb 2018 |
To see the full GST registrations and return filing status of Microwatt Energy Systems Private Limited, buy the company report.
Recent activity
Microwatt Energy Systems Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Richie Saraswat ceased to be Additional Director on 29 Sep 2018.
AGM
Microwatt Energy Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Microwatt Energy Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Richie Saraswat ceased to be Additional Director.
Appointed
Richie Saraswat was appointed as Director.
Appointed
Abdul Hakeem Arif was appointed as Director.
Appointed
Rao Chodisetty Taraka Ram Mohan was appointed as Director.
Incorporation
13 Jul 2017
Microwatt Energy Systems Private Limited was registered on 13 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.
Frequently asked questions
Microwatt Energy Systems is an active private limited company based in Seegehalli, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 13 July 2017 (9+ years old) and is registered under CIN U31909KA2017PTC104630.
Microwatt Energy Systems has 3 current directors:
- Richie Saraswat - Director
- Rao Chodisetty Taraka Ram Mohan - Director
- Abdul Hakeem Arif - Director
The latest financial statements of Microwatt Energy 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 FY 2018 are in the company report.
The GSTIN of Microwatt Energy Systems is 29AALCM1961A1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Microwatt Energy Systems is U31909KA2017PTC104630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microwatt Energy Systems has 10 court cases on record: 10 filed by the company. 5 are pending.
Microwatt Energy Systems was incorporated on 13 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Microwatt Energy Systems has 1 deal on record (1 funding round), with disclosed funding of ₹60 Lakh; the latest was in September 2017.
Richie Saraswat ceased to be Additional Director on 29 Sep 2018. Richie Saraswat was appointed as Director on 02 Nov 2017. Abdul Hakeem Arif was appointed as Director on 13 Jul 2017. Microwatt Energy Systems has 4 board changes on record in total.
Yes, Microwatt Energy Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).