Southern Batteries Private Limited

Southern Batteries Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U31404KA1996PTC019739 Incorporated 02 February 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Under Liquidation Private Limited Company energy and power
Data last updated
Revenue · FY 2017
₹333.42 Cr
▲ 3% YoY
Net profit · FY 2017
₹26.18 Lakh
Net margin 0.1%
EBITDA · FY 2017
₹37.74 Cr
EBITDA margin 11.3%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹50 Cr
Issued & subscribed
Open charges
₹305.48 Cr
Satisfied ₹36 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
777
Provident fund records

About Southern Batteries Private Limited

Data last updated:

Southern Batteries Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 February 1996.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31404KA1996PTC019739. Its GSTIN is 29AABCS9663F2ZX (Karnataka). The company holds 20 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹50 Cr. It is led by directors including Raghavan Srinivas (Managing Director) and Bhaskaran Pillai Radhakrishnan.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No.30 KIADB Industrial Area Bommasandra, Bangalore, Karnataka, India – 560099.

As per the financials filed for FY 2017, the company reported a revenue of ₹333.42 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹26.18 Lakh (net margin 0.1%) and EBITDA of ₹37.74 Cr (EBITDA margin 11.3%).

The company has about 777 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Southern Batteries. As per MCA filings, the company has open charges of ₹305.48 Cr and satisfied charges of ₹36 Cr on record. Court records list 234 cases involving the company, including 62 filed by the company and 172 filed against it; 33 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in September 2015. Its 8 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 5 smaller; the largest is Se Electricals Limited with revenue of ₹353.94 Cr.

The last known website on record is southernbatteries.com.

Company details

CIN U31404KA1996PTC019739
Registration Number 019739
Incorporation Date 02 February 1996
ROC Bangalore
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant

CIN history

Southern Batteries has one previous CIN (Corporate Identification Number): U03140KA1996PTC019739. The current CIN is U31404KA1996PTC019739, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31404KA1996PTC019739Current
U03140KA1996PTC019739Previous

Contact details

Southern Batteries Private Limited's registered office is in Bangalore, Karnataka. Its website is southernbatteries.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No.30 KIADB Industrial Area Bommasandra, Bangalore, Karnataka, India – 560099
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Southern Batteries Private Limited, buy the company report.

Comprehensive company report
Southern Batteries 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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Brands

Southern Batteries operates one associated brand: Southern Batteries. Each brand links to its own profile.

BrandDescriptionWebsite
Specializes in manufacturing high-quality lead acid batteries for industrial and automotive applications.southernbatteries.com

Business activity

The main business activity of Southern Batteries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Southern Batteries Private Limited, buy the company report.

Financials of Southern Batteries Private Limited

FY 2017 filings available

Southern Batteries Private Limited reported revenue of ₹333.42 Cr (up 3% YoY) for FY 2017.

Revenue · FY 2017
₹333.42 Cr ▲ 3%
Net profit · FY 2017
₹26.18 Lakh margin 0.1%
EBITDA · FY 2017
₹37.74 Cr margin 11.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
EBITDA CAGR growth
1 year
▲ 6%

Revenue rose 3% in the latest year. EBITDA rose 6% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 2014-15
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₹37.74 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.18 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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin11.3%
Net Profit Margin0.1%
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 Southern Batteries Private Limited, buy the company report.

Board of directors of Southern Batteries Private Limited

Southern Batteries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Peer comparison

Southern Batteries Private Limited is compared with the 8 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Se Electricals Limited₹353.94 Cr (FY 2016)103.0%Ahmedabad, Gujarat, India
Microtek Balaji Powertronics Private Limited₹350.6 Cr (FY 2022)New Delhi, Delhi, India
Riello Power India Private Limited₹338.99 Cr (FY 2025)6.0%New Delhi, Delhi, India
Southern Batteries Private Limitedthis company₹333.42 Cr (FY 2017)₹26.18 Lakh0.1%3.0%777Bangalore, Karnataka, India
Advance Panels and Switchgears Private Limited₹333.39 Cr (FY 2025)-9.0%Delhi, India
Fybros Moddular Private Limited₹329.08 Cr (FY 2025)22.0%New Delhi, Delhi, India
Norisys Technology Private Limited₹324.98 Cr (FY 2025)11.0%New Delhi, Delhi, India
Raksan Transformers Limited₹324.79 Cr (FY 2025)100.0%New Delhi, Delhi, India
L&T - Mhi Power Turbine Generators Private Limited₹319.93 Cr (FY 2025)-2.0%Mumbai, Maharashtra, India

To see the full peer comparison of Southern Batteries Private Limited, buy the company report.

Auditor

Southern Batteries Private Limited is audited by Haridas & Associates for the financial year 2017.

Auditor firmFinancial yearFirm registration number
Haridas & AssociatesFY 2017013661S

Shareholding

The shareholding of Southern Batteries 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 categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Southern Batteries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹305.48 Cr
Satisfied charges
₹36 Cr
Breakdown by lending institutions
Others₹194.28 Cr
Allahabad Bank₹85.53 Cr
Dhanlaxmi Bank Limited₹24.00 Cr
Reliance Capital Ltd₹1.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Sep 2017100126905Others₹50 CrOpen
24 Mar 2017100146919Others₹1.06 CrOpen
30 Jun 2016100048605Others₹1.8 CrOpen
24 Feb 201610621823Dhanlaxmi Bank Limited₹24 CrOpen
03 Dec 201510626827Reliance Capital Ltd₹1.67 CrOpen

To see the full charge records of Southern Batteries Private Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Southern Batteries Private Limited has 4 deals on record (4 secondary share transfers); the latest was in September 2015.

Total deals
4
Secondary share transfers
4

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2015Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 3 individuals
Sep 2011Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Mar 2010Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Sep 2009Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Southern Batteries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Southern Batteries has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
C&D Southern Technologies India Private LimitedU31100KA2015PTC084791

To see the full group structure of Southern Batteries Private Limited, buy the company report.

Employees & EPFO

Southern Batteries Private Limited has a workforce of 777 employees on its EPFO records as of Jan 20, 2026, across 1 active EPFO establishment.

Employee count
777
Active EPFO establishments
1
Employee growth
-16.63%

GST

Southern Batteries has 20 GST registrations: 1 active and 19 cancelled or inactive.

Total GSTINs
20
Active
1
Cancelled / inactive
19
GSTINStateStatusRegistered on
29AABCS9663F2ZXKarnatakaActive05 Jan 2024

To see the full GST registrations and return filing status of Southern Batteries Private Limited, buy the company report.

Recent activity

Southern Batteries Private Limited has 4 board changes on record since 1996: 4 appointments. The latest: Chandrasekhar Kanekal was appointed as Irp/Rp/Liquidator on 13 May 2024.

Appointed
Chandrasekhar Kanekal was appointed as Irp/Rp/Liquidator.
Charges
A charge registered on 21 Apr 2015 via Charge ID 10572695 with Hero Fincorp Limited was fully satisfied on 05 May 2020.
Charges
A charge registered on 04 Dec 2015 via Charge ID 10605345 with Canbank Factors Limited was fully satisfied on 23 Nov 2017.
AGM
Southern Batteries Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Charges
A charge with Others of Rs. 50.00 Cr registered on 20 Sep 2017 with Charge ID 100126905 was modified on 21 Sep 2017.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100126905 was registered on 20 Sep 2017.
Charges
A charge with Others of Rs. 141.42 Cr registered on 02 Feb 1996 with Charge ID 90198882 was modified on 30 Aug 2017.
Filing
Southern Batteries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 1.06 Cr with Charge ID 100146919 was registered on 24 Mar 2017.
Charges
A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100048605 was registered on 30 Jun 2016.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 24.00 Cr with Charge ID 10621823 was registered on 24 Feb 2016.
Charges
A charge with Canbank Factors Limited amounted to Rs. 10.00 Cr with Charge ID 10605345 was registered on 04 Dec 2015.

12 earlier events are in the company report.

Frequently asked questions

Southern Batteries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Southern Batteries is a company under liquidation, formerly operating as a 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 02 February 1996 and is registered under CIN U31404KA1996PTC019739. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Southern Batteries has 3 current directors:

The latest financial statements of Southern Batteries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Southern Batteries is U31404KA1996PTC019739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Southern Batteries has open charges of ₹305.48 Cr and satisfied charges of ₹36 Cr as per latest MCA filings.

Southern Batteries has 234 court cases on record: 62 filed by the company and 172 filed against it. 33 are pending. Most are in the district courts.

Southern Batteries was incorporated on 02 February 1996. It is registered with the Registrar of Companies, Bangalore.

Southern Batteries has 4 deals on record (4 secondary share transfers); the latest was in September 2015.

The peers of Southern Batteries by revenue are Se Electricals Limited, Microtek Balaji Powertronics Private Limited, Riello Power India Private Limited, Advance Panels and Switchgears Private Limited, Fybros Moddular Private Limited and 3 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Chandrasekhar Kanekal was appointed as Irp/Rp/Liquidator on 13 May 2024. Bhaskaran Pillai Radhakrishnan was appointed as Director on 02 Feb 1996. Raghavan Srinivas was appointed as Managing Director on 02 Feb 1996. Southern Batteries has 4 board changes on record in total.