MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0035884
Psychrometric Solutions & Systems Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹4.98 Cr
▼ 72% YoY
Net profit · FY 2020
₹49,996
Net margin 0.1%
EBITDA · FY 2020
₹62.68 Lakh
EBITDA margin 12.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹3.13 Cr
Satisfied ₹15.1 Lakh
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Psychrometric Solutions & Systems Private Limited
Data last updated:
Psychrometric Solutions & Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 28 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29192KA2007PTC043263. Its GSTIN is 29AAECP2983N1ZO (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Suresh Hosur Shankarnarayan (Managing Director) and Koppal Ahamedshariff Sabeelpasha.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No 33 & 33/1 2nd Floor K R Colony Domlur Layout, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.98 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹49,996 (net margin 0.1%) and EBITDA of ₹62.68 Lakh (EBITDA margin 12.6%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹3.13 Cr and satisfied charges of ₹15.1 Lakh on record. Court records list 23 cases involving the company, including 1 filed by the company and 22 filed against it; 6 cases are pending.
Psychrometric Solutions & Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0035884). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pssplac.com.
Company details
CIN U29192KA2007PTC043263
Registration Number 043263
Incorporation Date 28 June 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0035884
Key People
Suresh Hosur Shankarnarayan Managing Director Koppal Ahamedshariff Sabeelpasha Additional Director Recognitions & Rankings of Psychrometric Solutions & Systems
Contact details
Psychrometric Solutions & Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is pssplac.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 33 & 33/1 2nd Floor K R Colony Domlur Layout, Bangalore, Karnataka, India – 560071
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Psychrometric Solutions & Systems Private Limited, buy the company report.
Comprehensive company report
Psychrometric Solutions & Systems 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
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Financials of Psychrometric Solutions & Systems Private Limited
FY 2020 filings availablePsychrometric Solutions & Systems Private Limited reported revenue of ₹4.98 Cr (down 72% YoY) for FY 2020.
Revenue · FY 2020
₹4.98 Cr ▼ 72%
Net profit · FY 2020
₹49,996 margin 0.1%
EBITDA · FY 2020
₹62.68 Lakh margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 36%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 25%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 72% fall in the latest year. EBITDA fell 34% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹62.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49,996 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Psychrometric Solutions & Systems Private Limited, buy the company report.
Board of directors of Psychrometric Solutions & Systems Private Limited
Psychrometric Solutions & Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koppal Ahamedshariff Sabeelpasha | Additional Director | 22 May 2021 | 5 Years 5 Months | Current |
| Suresh Hosur Shankarnarayan | Managing Director | 28 Jun 2007 | 19 Years 3 Months | Current |
Auditor
Psychrometric Solutions & Systems Private Limited is audited by BHAGYA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAGYA & ASSOCIATES | FY 2020 | 013829S |
Shareholding
The shareholding of Psychrometric Solutions & Systems Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Psychrometric Solutions & Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.13 Cr
Satisfied charges
₹15.1 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2019 | 100265506 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 23 Jun 2017 | 100115349 | Hdfc Bank Limited | ₹1.53 Cr | Open | |
| 22 Jun 2011 | 10298520 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 19 Feb 2015 | 10556789 | Canara Bank | ₹15.1 Lakh | Satisfied |
To see the full charge records of Psychrometric Solutions & Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Psychrometric Solutions & Systems Private Limited has 23 court cases on record: 1 filed by Psychrometric Solutions & Systems, 22 filed against it. 6 cases are pending and 17 are disposed.
Total cases
23
Filed by the company
1
Filed against the company
22
Pending
6
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 22 | 6 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Flaktgroup India Private Limited | Pending |
| District court, Hyderabad Central, Telangana | Court case (STC - NI) | Filed against the company by M/S GP Spira Duct Pvt. Ltd., | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Housing Development Finance Corporation Ltd. | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Systemair India Pvt Ltd | Disposed |
To see the full case history of Psychrometric Solutions & 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 Psychrometric Solutions & Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Psychrometric Solutions & Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP2983N1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Psychrometric Solutions & Systems Private Limited, buy the company report.
Recent activity
Psychrometric Solutions & Systems Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Koppal Ahamedshariff Sabeelpasha was appointed as Additional Director on 22 May 2021.
Appointed
Koppal Ahamedshariff Sabeelpasha was appointed as Additional Director.
Ceased
Sugnyana Murthy Sugnyanamurthy Bhoopala Rao ceased to be Director.
AGM
Psychrometric Solutions & Systems Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 153.00 Lakh registered on 23 Jun 2017 with Charge ID 100115349 was modified on 03 Nov 2020.
Filing
Psychrometric Solutions & Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100265506 was registered on 28 May 2019.
Charges
A charge registered on 19 Feb 2015 via Charge ID 10556789 with Canara Bank was fully satisfied on 05 Apr 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 153.00 Lakh with Charge ID 100115349 was registered on 23 Jun 2017.
Charges
A charge with Canara Bank amounted to Rs. 15.10 Lakh with Charge ID 10556789 was registered on 19 Feb 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 10298520 was registered on 22 Jun 2011.
Ceased
Anur Gundu Rao Suryanarayana ceased to be Director.
Ceased
Siddappa Thipperudrappa ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Psychrometric Solutions & Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 28 June 2007 (19+ years old) and is registered under CIN U29192KA2007PTC043263.
Psychrometric Solutions & Systems has 2 current directors:
- Suresh Hosur Shankarnarayan - Managing Director
- Koppal Ahamedshariff Sabeelpasha - Additional Director
The latest financial statements of Psychrometric Solutions & Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Psychrometric Solutions & Systems is 29AAECP2983N1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Psychrometric Solutions & Systems is U29192KA2007PTC043263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Psychrometric Solutions & Systems has 23 court cases on record: 1 filed by the company and 22 filed against it. 6 are pending.
Psychrometric Solutions & Systems was incorporated on 28 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Koppal Ahamedshariff Sabeelpasha was appointed as Additional Director on 22 May 2021. Sugnyana Murthy Sugnyanamurthy Bhoopala Rao ceased to be Director on 01 May 2021. Anur Gundu Rao Suryanarayana ceased to be Director on 12 Apr 2010. Psychrometric Solutions & Systems has 6 board changes on record in total.
Yes, Psychrometric Solutions & Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0035884).
Psychrometric Solutions & Systems can be reached through the website pssplac.com. Its registered office is in Bangalore, Karnataka, India.