About Logitronics Automation India Private Limited
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Logitronics Automation India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 12 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2008PTC048600. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹25.5 Lakh. It is led by directors Shilpa Ramareddy and Srinivasa Madhusudan.
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 No. 196/2 Magadi Main Road Gollarahatti Vishwaneedam Post, Bangalore, Karnataka, India – 560091.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹22.56 Lakh (net margin -10.6%) and EBITDA of -₹99,982 (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 6 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 logitronicsautomation.com.
Company details
Contact details
Logitronics Automation India Private Limited's registered office is in Bangalore, Karnataka. Its website is logitronicsautomation.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 196/2 Magadi Main Road Gollarahatti Vishwaneedam Post, Bangalore, Karnataka, India – 560091
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Logitronics Automation India 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
Financials of Logitronics Automation India Private Limited
FY 2021 filings availableLogitronics Automation India Private Limited reported revenue of ₹2.13 Cr (up 460% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 460% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 40%. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.13 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹99,982 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹22.56 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.5% | ||
| Net Profit Margin | -10.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Logitronics Automation India Private Limited, buy the company report.
Board of directors of Logitronics Automation India Private Limited
Logitronics Automation India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Ramareddy | Director | 23 Mar 2015 | 11 Years 7 Months | Current |
| Srinivasa Madhusudan | Additional Director | 09 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Logitronics Automation India Private Limited is audited by S R & M R ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R & M R ASSOCIATES | FY 2017 | 008094S |
Shareholding
The shareholding of Logitronics Automation India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Logitronics Automation India Private Limited, buy the company report.
Legal cases
Logitronics Automation India Private Limited has 9 court cases on record: 7 filed by Logitronics Automation India, 2 filed against it. 6 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 6 |
| High courts | 3 | 2 | 0 |
Cases on record (4 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against Government of Karnataka | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Secretary to Government | Disposed |
| High Court of Karnataka | Court case (RP) | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Logitronics Automation India 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 Logitronics Automation India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Logitronics Automation India 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 Logitronics Automation India Private Limited, buy the company report.
Recent activity
Logitronics Automation India Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Narendra Hegde ceased to be Director on 09 Dec 2021.
Frequently asked questions
Logitronics Automation India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 12 December 2008 (18+ years old) and is registered under CIN U72900KA2008PTC048600.
Logitronics Automation India has 2 current directors:
- Shilpa Ramareddy - Director
- Srinivasa Madhusudan - Additional Director
The latest financial statements of Logitronics Automation India 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.
No. Logitronics Automation India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Logitronics Automation India is U72900KA2008PTC048600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logitronics Automation India has 9 court cases on record: 7 filed by the company and 2 filed against it. 6 are pending. Most are in the district courts.
Logitronics Automation India was incorporated on 12 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Narendra Hegde ceased to be Director on 09 Dec 2021. Srinivasa Madhusudan was appointed as Additional Director on 09 Dec 2021. Aravinda Babu Sivaraj ceased to be Director on 06 Apr 2015. Logitronics Automation India has 6 board changes on record in total.
Logitronics Automation India can be reached through the website logitronicsautomation.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Logitronics Automation India is at No. 1962 Magadi Main Road Gollarahatti Vishwaneedam Post, Bangalore, Karnataka, India – 560091.