MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-02-0014879
Eic Meters Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.05 Cr
▲ 32% YoY
Net profit · FY 2024
₹23.62 Lakh
Net margin 5.8%
EBITDA · FY 2024
₹43.35 Lakh
EBITDA margin 10.7%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹29.05 Lakh
Issued & subscribed
Open charges
₹95.35 Lakh
Satisfied ₹1.33 Cr
Company age
31 yrs
Est. 1995
Directors on board
2
As per MCA filings
About Eic Meters Private Limited
Data last updated:
Eic Meters Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 18 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32109KA1995PTC016998. Its GSTIN is 29AAACE3486B1ZS (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.05 Lakh. It is led by directors Kotwal Rao Srinivas and Veena Srinivas Rao.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.05 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹23.62 Lakh (net margin 5.8%) and EBITDA of ₹43.35 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company is associated with 1 brand: EIC Meters. As per MCA filings, the company has open charges of ₹95.35 Lakh and satisfied charges of ₹1.33 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2010. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers.
Eic Meters Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0014879). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eicmeters.in.
Company details
CIN U32109KA1995PTC016998
Registration Number 016998
Incorporation Date 18 January 1995
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 Micro
Udyam Registration UDYAM-KR-02-0014879
Recognitions & Rankings of Eic Meters
Contact details
Eic Meters Private Limited's registered office is in Bangalore, Karnataka. Its website is eicmeters.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#30 & 31 Dr. Anjaneyappa Industrial Area Kanakapura Road Near Delhi Public Schoo, L, Bangalore, Karnataka, India – 560062
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Eic Meters Private Limited, buy the company report.
Comprehensive company report
Eic Meters 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
Eic Meters operates one associated brand: EIC Meters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of analog and digital electrical measuring meters, transformers, and shunts in India. | eicmeters.in |
Business activity
The main business activity of Eic Meters is manufacturing. In detail, this covers printing and reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 18 | Printing and reproduction of recorded media |
To see the full business activity and turnover split of Eic Meters Private Limited, buy the company report.
Financials of Eic Meters Private Limited
FY 2024 filings availableEic Meters Private Limited reported revenue of ₹4.05 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹4.05 Cr ▲ 32%
Net profit · FY 2024
₹23.62 Lakh margin 5.8%
EBITDA · FY 2024
₹43.35 Lakh margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▼ 4%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 1%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 32% growth in the latest year. EBITDA rose 29% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.62 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 | 10.7% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 Eic Meters Private Limited, buy the company report.
Board of directors of Eic Meters Private Limited
Eic Meters has 2 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 |
|---|---|---|---|---|
| Kotwal Rao Srinivas | Director | 18 Jan 1995 | 31 Years 9 Months | Current |
| Veena Srinivas Rao | Director | 31 Mar 2010 | 16 Years 6 Months | Current |
Auditor
Eic Meters Private Limited is audited by Vishnuram & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishnuram & Co | FY 2023 | 022715 |
Shareholding
The shareholding of Eic Meters 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 Eic Meters Private Limited, buy the company report.
Charges & borrowings
Open charges
₹95.35 Lakh
Satisfied charges
₹1.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2025 | 101149324 | Karnataka Bank Ltd. | ₹65 Lakh | Open | |
| 28 Feb 2022 | 100566166 | Hdfc Bank Limited | ₹23.67 Lakh | Open | |
| 15 Dec 2020 | 100394219 | Others | ₹6.68 Lakh | Open | |
| 05 Mar 2018 | 100165549 | Others | ₹16.9 Lakh | Satisfied | |
| 05 Aug 2015 | 10586863 | Karnataka Bank Ltd. | ₹14.5 Lakh | Satisfied |
To see the full charge records of Eic Meters Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Eic Meters Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2010.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Eic Meters Private Limited has 6 court cases on record: 3 filed by Eic Meters, 3 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Green Sol Renewable Power Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Green Sol Renewable Power Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Capronics Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Ms Capronics Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Eic Meters 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
Eic Meters Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Eic Meters Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Eic Meters has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE3486B1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eic Meters Private Limited, buy the company report.
Recent activity
Eic Meters Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Kotwal Gopinath Rao ceased to be Director on 01 Apr 2010.
Charges
A charge registered on 05 Mar 2018 via Charge ID 100165549 with Others was fully satisfied on 21 Nov 2025.
Charges
A charge registered on 05 Aug 2015 via Charge ID 10586863 with Karnataka Bank Ltd. was fully satisfied on 21 Nov 2025.
Charges
A charge registered on 25 Apr 2006 via Charge ID 100214622 with Karnataka Bank Limited was fully satisfied on 21 Nov 2025.
Charges
A charge registered on 20 Jan 2004 via Charge ID 80025966 with Others was fully satisfied on 21 Nov 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 65.00 Lakh with Charge ID 101149324 was registered on 30 Aug 2025.
AGM
Eic Meters Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Eic Meters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.67 Lakh with Charge ID 100566166 was registered on 28 Feb 2022.
Charges
A charge with Others amounted to Rs. 6.68 Lakh with Charge ID 100394219 was registered on 15 Dec 2020.
Charges
A charge with Others of Rs. 70.00 Lakh registered on 20 Jan 2004 with Charge ID 80025966 was modified on 19 Dec 2018.
Charges
A charge registered on 03 May 2008 via Charge ID 10101356 with The Karnataka Bank Limited was fully satisfied on 17 Oct 2018.
Charges
A charge registered on 12 Sep 2007 via Charge ID 10066282 with The Karnataka Bank Limited was fully satisfied on 17 Oct 2018.
12 earlier events are in the company report.
Frequently asked questions
Eic Meters is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 18 January 1995 (31+ years old) and is registered under CIN U32109KA1995PTC016998.
Eic Meters has 2 current directors:
- Kotwal Rao Srinivas - Director
- Veena Srinivas Rao - Director
The latest financial statements of Eic Meters 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 Eic Meters is 29AAACE3486B1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Eic Meters is U32109KA1995PTC016998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eic Meters has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Eic Meters was incorporated on 18 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Eic Meters has 1 deal on record (1 secondary share transfer); the latest was in March 2010.
Kotwal Gopinath Rao ceased to be Director on 01 Apr 2010. Veena Srinivas Rao was appointed as Director on 31 Mar 2010. Kotwal Rao Srinivas was appointed as Director on 18 Jan 1995.
Yes, Eic Meters is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0014879).
Eic Meters has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 03 Jun 2019.