Startup India Government of India
Pequrel Technologies Private Limited - business services in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹33.07 Lakh
▲ 17% YoY
Net profit · FY 2024
₹54,259
Net margin 1.6%
EBITDA · FY 2024
₹85,508
EBITDA margin 2.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
GST registrations
1
None active
About Pequrel Technologies Private Limited
Data last updated:
Pequrel Technologies Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 26 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74990KA2018PTC118795. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors including Kiran Somanathsa Baddi and Geeta Somanath Baddi.
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 Sandbox Startups Next To International Airport Gokul Road Opp. Gokul Village, Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.07 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹54,259 (net margin 1.6%) and EBITDA of ₹85,508 (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 59% over five years.
The company is associated with 1 brand: Pequrel Microelectronics.
For more details, the company can be reached via its website pequrel.com.
Company details
CIN U74990KA2018PTC118795
Registration Number 118795
Incorporation Date 26 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Kiran Somanathsa Baddi Director Geeta Somanath Baddi Director Michael Lindley Machala Director Recognitions & Rankings of Pequrel Technologies
Contact details
Pequrel Technologies Private Limited's registered office is in Hubli, Karnataka. Its website is pequrel.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSandbox Startups Next To International Airport Gokul Road Opp. Gokul Village, Hubli, Karnataka, India – 580030
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Pequrel Technologies Private Limited, buy the company report.
Comprehensive company report
Pequrel Technologies 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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Secure checkout · GST invoice included
Brands
Pequrel Technologies operates one associated brand: PEQUREL MICROELECTRONICS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Adaptable agricultural systems for crop growing and drying are provided. | pequrel.com |
Business activity
The main business activity of Pequrel Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Pequrel Technologies Private Limited, buy the company report.
Financials of Pequrel Technologies Private Limited
FY 2025 filings availablePequrel Technologies Private Limited reported revenue of ₹33.07 Lakh (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹33.07 Lakh ▲ 17%
Net profit · FY 2024
₹54,259 margin 1.6%
EBITDA · FY 2024
₹85,508 margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 45%
5 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▲ 15%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 17% growth in the latest year. EBITDA rose 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹85,508 | ||||
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| Net Profit (PAT) | ₹54,259 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Pequrel Technologies Private Limited, buy the company report.
Board of directors of Pequrel Technologies Private Limited
Pequrel Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Somanathsa Baddi | Director | 26 Nov 2018 | 7 Years 11 Months | Current |
| Geeta Somanath Baddi Also directs: Phaseshift Innovation Private Limited | Director | 16 Jan 2020 | 6 Years 9 Months | Current |
| Michael Lindley Machala | Director | 03 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Pequrel Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Govin Thermoplast Engineering Pvt Ltd | ₹33.26 Lakh (FY 2025) | 57.0% | Kolkata, West Bengal, India | |||
| Passiontech Engineering Private Limited | ₹33.26 Lakh (FY 2018) | 205.0% | Hyderabad, Telangana, India | |||
| Kalkom Technology (OPC) Private Limited | ₹33.17 Lakh (FY 2024) | 81.0% | Chinsurah, West Bengal, India | |||
| Svam Electronics Pvt Ltd | ₹33.14 Lakh (FY 2025) | -72.0% | Pune, Maharashtra, India | |||
| Eco Works Management Private Limited | ₹33.09 Lakh (FY 2025) | 73.0% | Hamirpur, Himachal Pradesh, India | |||
| Pequrel Technologies Private Limitedthis company | ₹33.07 Lakh (FY 2024) | ₹54,259 | 1.6% | 17.0% | Hubli, Karnataka, India | |
| Vexell Electronics Private Limited | ₹32.98 Lakh (FY 2021) | New Delhi, Delhi, India | ||||
| Progen Software Research Private Limited | ₹32.69 Lakh (FY 2025) | 19.0% | Goa, India | |||
| Scraptechies Solutions Private Limited | ₹32.61 Lakh (FY 2024) | -71.0% | North Twenty Four Pargana, West Bengal, India | |||
| Adhya Data Systems Private Limited | ₹32.44 Lakh (FY 2020) | New Delhi, Delhi, India | ||||
| Exmel Electronica Private Limited | ₹32.13 Lakh (FY 2019) | -67.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Pequrel Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pequrel Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pequrel Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pequrel Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Pequrel Technologies Private Limited, buy the company report.
Recent activity
Pequrel Technologies Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Michael Lindley Machala ceased to be Additional Director on 29 Sep 2024.
AGM
Pequrel Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pequrel Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Michael Lindley Machala ceased to be Additional Director.
Appointed
Michael Lindley Machala was appointed as Director.
Ceased
Geeta Somanath Baddi ceased to be Additional Director.
Appointed
Geeta Somanath Baddi was appointed as Director.
Ceased
Prabhanjan Mulgund ceased to be Ceo(Kmp).
Appointed
Kiran Somanathsa Baddi was appointed as Director.
Incorporation
26 Nov 2018
Pequrel Technologies Private Limited was registered on 26 Nov 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.
Frequently asked questions
Pequrel Technologies is an active private limited company based in Hubli, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 26 November 2018 (8+ years old) and is registered under CIN U74990KA2018PTC118795.
Pequrel Technologies has 3 current directors:
- Kiran Somanathsa Baddi - Director
- Geeta Somanath Baddi - Director
- Michael Lindley Machala - Director
The latest financial statements of Pequrel Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
No. Pequrel Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pequrel Technologies is U74990KA2018PTC118795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pequrel Technologies was incorporated on 26 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pequrel Technologies by revenue are Govin Thermoplast Engineering Pvt Ltd, Passiontech Engineering Private Limited, Kalkom Technology (OPC) Private Limited, Svam Electronics Pvt Ltd, Eco Works Management Private Limited and 5 more, all in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Michael Lindley Machala ceased to be Additional Director on 29 Sep 2024. Michael Lindley Machala was appointed as Director on 03 Jul 2024. Geeta Somanath Baddi ceased to be Additional Director on 21 Dec 2020. Pequrel Technologies has 6 board changes on record in total.
Yes, Pequrel Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Pequrel Technologies can be reached through the website pequrel.com. Its registered office is in Hubli, Karnataka, India.
The registered office of Pequrel Technologies is at Sandbox Startups Next To International Airport Gokul Road Opp. Gokul Village, Hubli, Karnataka, India – 580030.