About Ispl Systems Private Limited
Data last updated:
Ispl Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 08 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1991PTC012386. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Joe Mariamma Mathew and Velayudhannair Chandrasekharan Nair.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.464 IV Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2021, the company reported a revenue of ₹55.12 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹36.28 Lakh (net margin 65.8%) and EBITDA of ₹42.35 Lakh (EBITDA margin 76.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.14 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isplsystems.com.
Company details
Contact details
Ispl Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is isplsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.464 IV Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Ispl 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 Ispl Systems 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 Ispl Systems Private Limited, buy the company report.
Financials of Ispl Systems Private Limited
FY 2021 filings availableIspl Systems Private Limited reported revenue of ₹55.12 Lakh (up 74% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 74% growth in the latest year. EBITDA rose 301% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.28 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.8% | ||||
| Net Profit Margin | 65.8% | ||||
| 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 Ispl Systems Private Limited, buy the company report.
Board of directors of Ispl Systems Private Limited
Ispl Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joe Mariamma Mathew | Director | 14 Sep 2001 | 25 Years 1 Months | Current |
| Velayudhannair Chandrasekharan Nair Also directs: Ipa Private Limited | Director | 14 Sep 2001 | 25 Years 1 Months | Current |
Peer comparison
Ispl Systems Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| S2d Process Solutions Private Limited | ₹55.45 Lakh (FY 2025) | 17.0% | Bengaluru, Karnataka, India | |||
| Bidyut Energy Private Limited | ₹55.35 Lakh (FY 2025) | -34.0% | Delhi, India | |||
| Robo Gates India Private Limited | ₹55.32 Lakh (FY 2024) | -18.0% | Kanchipuram, Tamil Nadu, India | |||
| Hybred Energy Solution Private Limited | ₹55.28 Lakh (FY 2024) | 48.0% | Gandhinagar, Gujarat, India | |||
| Korent Solution India Private Limited | ₹55.15 Lakh (FY 2025) | -10.0% | Moradabad, Uttar Pradesh, India | |||
| Ispl Systems Private Limitedthis company | ₹55.12 Lakh (FY 2021) | ₹36.28 Lakh | 65.8% | 74.0% | 3 | Bangalore, Karnataka, India |
| Nagasai Precitech Private Limited | ₹55.11 Lakh (FY 2022) | -35.0% | Bangalore, Karnataka, India | |||
| Marcn Technologies Private Limited | ₹55.04 Lakh (FY 2024) | -54.0% | Bangalore, Karnataka, India | |||
| Sagar Switch Gears Limited | ₹55.01 Lakh (FY 2023) | 1082.0% | Vadodara, Gujarat, India | |||
| Briflon Lined Products Private Limited | ₹54.98 Lakh (FY 2024) | 32.0% | Ahmedabad, Gujarat, India | |||
| Essar Manufacturing Limited | ₹54.98 Lakh (FY 2025) | 21.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Ispl Systems Private Limited, buy the company report.
Auditor
Ispl Systems Private Limited is audited by CHANDRANANDRAMANAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRANANDRAMANAN | FY 2017 | 000571S |
Shareholding
The shareholding of Ispl Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ispl Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2008 | 10122633 | Syndicate Bank | ₹20 Lakh | Satisfied | |
| 26 Mar 2008 | 10142394 | Syndicate Bank | ₹43 Lakh | Satisfied | |
| 18 Sep 1998 | 90189467 | State Bank of Mysore | ₹9 Lakh | Satisfied | |
| 18 Sep 1998 | 90195439 | State Bank of Mysore | ₹9 Lakh | Satisfied | |
| 11 Dec 1995 | 90191548 | State Bank of Mysore | ₹1.42 Lakh | Satisfied |
To see the full charge records of Ispl Systems Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ispl Systems Private Limited has 6 court cases on record: 6 filed by Ispl Systems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against National Aluminium Co Ltd and 1 other | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against Veliyath Agro Industries Pvt Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against M/S Dandy Rolls (India) Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Ispl 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 Ispl Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ispl Systems Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ispl Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ispl Systems Private Limited, buy the company report.
Recent activity
Ispl Systems Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Ramanarao Tadimeti Venkata ceased to be Director on 06 Sep 2013.
15 earlier events are in the company report.
Frequently asked questions
Ispl Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 08 October 1991 (35+ years old) and is registered under CIN U31909KA1991PTC012386.
Ispl Systems has 2 current directors:
- Joe Mariamma Mathew - Director
- Velayudhannair Chandrasekharan Nair - Director
The latest financial statements of Ispl Systems on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
No. Ispl Systems has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ispl Systems is U31909KA1991PTC012386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ispl Systems has 6 court cases on record: 6 filed by the company. Most are in the high courts.
Ispl Systems was incorporated on 08 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ispl Systems by revenue are S2d Process Solutions Private Limited, Bidyut Energy Private Limited, Robo Gates India Private Limited, Hybred Energy Solution Private Limited, Korent Solution India Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ramanarao Tadimeti Venkata ceased to be Director on 06 Sep 2013. Joe Mariamma Mathew was appointed as Director on 14 Sep 2001. Velayudhannair Chandrasekharan Nair was appointed as Director on 14 Sep 2001.
Ispl Systems can be reached through the website isplsystems.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ispl Systems is at No.464 IV Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.