About Microwave and Optronics Systems Private Limited
Data last updated:
Microwave and Optronics Systems Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Alpha Design Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 07 February 2005.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29270KA2005PTC035552. Its GSTIN is 29AAFCA2752F1ZS (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.23 Cr. It was formerly known as Alpha Magal Electronic Security Systems Private Limited and Alpha Microwave Systems Private Limited. It was led by directors including Vipul Agarwal and Karivili Shivappa Ramesh.
Its last annual general meeting (AGM) was held on 30 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.4 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹5.87 Cr and EBITDA of -₹1.52 Lakh (EBITDA margin -44.7%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 59% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹63.02 Cr; the latest was in December 2018.
The last known website on record is adtl.co.in.
Company details
Name history
Microwave and Optronics Systems has undergone 2 name changes throughout its history. The company was previously known as Alpha Magal Electronic Security Systems Private Limited, and Alpha Microwave Systems Private Limited. The current legal name is Microwave And Optronics Systems Private Limited.
| Company Name | Status |
|---|---|
| Microwave and Optronics Systems Private Limited | Current |
| Alpha Magal Electronic Security Systems Private Limited | Previous |
| Alpha Microwave Systems Private Limited | Previous |
Contact details
Microwave and Optronics Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is adtl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#9 Service Road, Hal II Stage Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Microwave and Optronics Systems 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 Microwave and Optronics Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Microwave and Optronics Systems Private Limited
FY 2023 filings availableMicrowave and Optronics Systems Private Limited reported revenue of ₹3.4 Lakh (down 88% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 88% fall in the latest year. EBITDA fell 111% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.4 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.87 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -44.7% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Microwave and Optronics Systems Private Limited, buy the company report.
Board of directors of Microwave and Optronics Systems Private Limited
Microwave and Optronics Systems has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Agarwal Also directs: Air Works India (Engineering)Pvt Ltd | Director | 23 Jun 2020 | 6 Years 4 Months | As last reported |
| Karivili Shivappa Ramesh | Director | 16 Mar 2024 | 2 Years 7 Months | As last reported |
| Hanumantha Rao Valluru | Director | 16 Mar 2024 | 2 Years 7 Months | As last reported |
Auditor
Microwave and Optronics Systems Private Limited is audited by B.P.Rao & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.P.Rao & Co. | FY 2023 | 003116S |
Shareholding
The shareholding of Microwave and Optronics Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Microwave and Optronics Systems Private Limited, buy the company report.
Deals & funding
Microwave and Optronics Systems Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹63.02 Cr; the latest was in December 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: Alpha Design Technologies Private Limited Seller: Elara Capital, Astraea Fund Limited |
| Nov 2013 | Funding round | ₹13.46 Cr | Investors: Astraea Fund Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Alpha Design Technologies Private Limited Seller: United Microwaves Private Limited |
| Nov 2007 | Funding round | ₹53.5 Lakh | Investors: Alpha Design Technologies Private Limited , United Microwaves Private Limited |
| May 2006 | Secondary share transfer | Undisclosed | Buyer: Alpha Design Technologies Private Limited Seller: Mangal Security System Limited |
To see the full deal history of Microwave and Optronics Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Microwave and Optronics Systems 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 Microwave and Optronics Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Microwave and Optronics Systems Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 1 |
| 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 Microwave and Optronics Systems Private Limited, buy the company report.
GST
Microwave and Optronics Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA2752F1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Microwave and Optronics Systems Private Limited, buy the company report.
Recent activity
Microwave and Optronics Systems Private Limited has 15 board changes on record since 2011: 3 appointments and 12 cessations. The latest: Hanumantha Rao Valluru ceased to be Additional Director on 17 Mar 2024.
6 earlier events are in the company report.
News
Frequently asked questions
Microwave and Optronics Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Microwave and Optronics Systems was a private limited company based in Bangalore, Karnataka, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 07 February 2005 and is registered under CIN U29270KA2005PTC035552. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Microwave and Optronics Systems was incorporated on 07 February 2005. It is registered with the Registrar of Companies, Bangalore.
Microwave and Optronics Systems had 3 directors:
- Vipul Agarwal - Director
- Karivili Shivappa Ramesh - Director
- Hanumantha Rao Valluru - Director
The CIN (Corporate Identification Number) of Microwave and Optronics Systems is U29270KA2005PTC035552. 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 Microwave and Optronics Systems is at #9 Service Road, Hal II Stage Indiranagar, Bangalore, Karnataka, India – 560008.
Microwave and Optronics Systems can be reached through the website adtl.co.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Microwave and Optronics Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Microwave and Optronics Systems is 29AAFCA2752F1ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Microwave and Optronics Systems operated in the travel and hospitality industry, in the consumer professional services segment.
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