About Akkhrutha Technocrats Limited
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Akkhrutha Technocrats Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 09 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U71200KA2008PLC046710. Its GSTIN is 29AAHCA0866G1ZL (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.83 Cr. It is led by directors including Puvaiahh Kodendera (Managing Director) and Umamani Kannan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹44.41 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Lakh (net margin 5.4%) and EBITDA of ₹12.13 Lakh (EBITDA margin 27.3%). Revenue has declined at a compounded annual rate (CAGR) of 40% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹53.65 Lakh on record. Court records list 13 cases involving the company, including 13 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website akkhruthatechnocrats.com.
Company details
Contact details
Akkhrutha Technocrats Limited's registered office is in Bangalore, Karnataka. Its website is akkhruthatechnocrats.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice Space Bearing No 1 In Sy No 4/2 Thirumenahalli Village Hegdenagarbellaha, Llimain Rd, Bangalore, Karnataka, India – 560064
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Akkhrutha Technocrats 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 Akkhrutha Technocrats is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Akkhrutha Technocrats Limited, buy the company report.
Financials of Akkhrutha Technocrats Limited
FY 2021 filings availableAkkhrutha Technocrats Limited reported revenue of ₹44.41 Lakh (down 59% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 59% fall in the latest year. EBITDA fell 35% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹44.41 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.41 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.3% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Akkhrutha Technocrats Limited, buy the company report.
Board of directors of Akkhrutha Technocrats Limited
Akkhrutha Technocrats has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puvaiahh Kodendera | Managing Director | 09 Jun 2008 | 18 Years 4 Months | Current |
| Umamani Kannan | Director | 09 Jun 2008 | 18 Years 4 Months | Current |
| Cheppudira Lopa Somanna | Director | 09 Jun 2008 | 18 Years 4 Months | Current |
| Madugiri Narayanswamy Madhavamurthy | Additional Director | 30 Jun 2017 | 9 Years 3 Months | Current |
| Rajesh Nandlal Kapai | Additional Director | 27 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Akkhrutha Technocrats Limited is audited by TALREJA & TALREJA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TALREJA & TALREJA | FY 2021 | 141202W |
Shareholding
The shareholding of Akkhrutha Technocrats Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Akkhrutha Technocrats Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2010 | 10239382 | Axis Bank Limited | ₹4.5 Cr | Open | |
| 25 Mar 2015 | 10557693 | Electronica Finance Limited | ₹53.65 Lakh | Satisfied |
To see the full charge records of Akkhrutha Technocrats Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Akkhrutha Technocrats Limited has 13 court cases on record: 13 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Kotak Mahindra Bank Ltd., Rep by Savitha S Patil | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Elkart Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Akkhrutha Technocrats 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 Akkhrutha Technocrats Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akkhrutha Technocrats Limited has a workforce of 21 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Akkhrutha Technocrats has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCA0866G1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akkhrutha Technocrats Limited, buy the company report.
Recent activity
Akkhrutha Technocrats Limited has 7 board changes on record since 2008: 5 appointments and 2 cessations. The latest: Umamani Kannan ceased to be Director on 31 Aug 2022.
2 earlier events are in the company report.
Frequently asked questions
Akkhrutha Technocrats is an active public limited company based in Bangalore, Karnataka, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 09 June 2008 (18+ years old) and is registered under CIN U71200KA2008PLC046710.
Akkhrutha Technocrats has 5 current directors:
- Puvaiahh Kodendera - Managing Director
- Umamani Kannan - Director
- Cheppudira Lopa Somanna - Director
- Madugiri Narayanswamy Madhavamurthy - Additional Director
- Rajesh Nandlal Kapai - Additional Director
The latest financial statements of Akkhrutha Technocrats on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Akkhrutha Technocrats is 29AAHCA0866G1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Akkhrutha Technocrats is U71200KA2008PLC046710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akkhrutha Technocrats has 13 court cases on record: 13 filed against it. 2 are pending.
Akkhrutha Technocrats was incorporated on 09 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Umamani Kannan ceased to be Director on 31 Aug 2022. Rajesh Nandlal Kapai was appointed as Additional Director on 27 Dec 2021. Madugiri Narayanswamy Madhavamurthy was appointed as Additional Director on 30 Jun 2017. Akkhrutha Technocrats has 7 board changes on record in total.
Akkhrutha Technocrats can be reached through the website akkhruthatechnocrats.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Akkhrutha Technocrats is at Office Space Bearing No 1 In Sy No 42 Thirumenahalli Village Hegdenagarbellaha, Llimain Rd, Bangalore, Karnataka, India – 560064.