Pal Technology Private Limited
About Pal Technology Private Limited
Data last updated:
Pal Technology 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 27 April 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31200KA1987PTC008313. Its GSTIN is 29AAACP9897R1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.9 Lakh. It is led by directors including Neelakantan Pudarjuna Iyer and Roopesh Chandrasekharan Thayil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.1799/430 – 490 Next To Janapriya Bharat Enclave Sunkadakatte, Bangalore, Karnataka, India – 560091.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.83 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹54.4 Lakh (net margin 69%) and EBITDA of ₹56.45 Lakh (EBITDA margin 71.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 23% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.7 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo.1799/430 – 490 Next To Janapriya Bharat Enclave Sunkadakatte, Bangalore, Karnataka, India – 560091
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Pal Technology Private Limited
The main business activity of Pal Technology is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pal Technology Private Limited FY 2025 filings available
Pal Technology Private Limited reported revenue of ₹78.83 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pal Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 1% growth in the latest year. EBITDA rose 24% 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 of Pal Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹56.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54.4 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Pal Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 69% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pal Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pal Technology Private Limited
Pal Technology Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Epc (India) Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rutav Engitronic Systems Private Limited | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Cleanergy Tech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Turnpoint Technologies Private Limited | •••• | •••• | •••• | •••• | - | Sonipat, Haryana, India |
| Asian Magnetic Devices Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Pal Technology Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Leader Electricals Private Limited | •••• | •••• | •••• | •••• | - | Valsad, Gujarat, India |
| A Paul Instruments Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Excellent Display (I) Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Jayanta Fanzen Lighting Industries Private Limited | •••• | •••• | •••• | •••• | - | Parganas North, West Bengal, India |
| Reeva Lighting Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Pal Technology by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Pal Technology Private Limited
Pal Technology Private Limited is audited by Rajan Chakravarthy & Associates for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rajan Chakravarthy & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pal Technology Private Limited
Pal Technology has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelakantan Pudarjuna Iyer Also directs: Karnataka Pyronics Private Limited, Green View Impex Private Limited, Lite Tecniks India Private Limited and 1 more | Director | 13 Jul 2018 | 8 Years 2 Months | Current |
| Roopesh Chandrasekharan Thayil | Director | 26 Sep 2018 | 8 Years 0 Months | Current |
| Sankara Neelakanta Iyer | Additional Director | 01 Sep 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Pal Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pal Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 1989 | Canara Bank | ₹70,000 | Open |
| 31 Mar 1989 | Karnataka State Financial Corportion | ₹2 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Pal Technology Private Limited
Pal Technology Private Limited has a workforce of 2 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Pal Technology Private Limited
Pal Technology Private Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Sankara Neelakanta Iyer was appointed as Additional Director on 01 Sep 2025.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pal Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pal Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pal Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pal Technology Private Limited
Pal Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACP9897R1Z1 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pal Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pal Technology Private Limited
Pal Technology 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 27 April 1987 (39+ years old) and is registered under CIN U31200KA1987PTC008313.
Pal Technology reported revenue of ₹78.83 Lakh for FY 2025 (up 1% YoY).
Pal Technology has 3 current directors:
- Neelakantan Pudarjuna Iyer - Director
- Roopesh Chandrasekharan Thayil - Director
- Sankara Neelakanta Iyer - Additional Director
Pal Technology reported a net profit of ₹54.4 Lakh (net margin 69%) and EBITDA of ₹56.45 Lakh (EBITDA margin 71.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pal Technology is -20% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pal Technology is 29AAACP9897R1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Pal Technology is U31200KA1987PTC008313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pal Technology was incorporated on 27 April 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pal Technology by revenue are Epc (India) Private Limited, Rutav Engitronic Systems Private Limited, Cleanergy Tech Solutions Private Limited, Turnpoint Technologies Private Limited, Asian Magnetic Devices Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Sankara Neelakanta Iyer was appointed as Additional Director on 01 Sep 2025. Naman Arun Shah ceased to be Director on 26 Sep 2018. Roopesh Chandrasekharan Thayil was appointed as Director on 26 Sep 2018. Pal Technology has 9 board changes on record in total.
The registered office of Pal Technology is at No.1799430 – 490 Next To Janapriya Bharat Enclave Sunkadakatte, Bangalore, Karnataka, India – 560091.