Projektelits India Private Limited

Projektelits India Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U20299KA2018PTC110088 Incorporated 12 February 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2021
₹17.3 Cr
▼ 40% YoY
Net profit · FY 2021
₹28.35 Lakh
Net margin 1.6%
EBITDA · FY 2021
₹52.08 Lakh
EBITDA margin 3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered

About Projektelits India Private Limited

Data last updated:

Projektelits India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 12 February 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20299KA2018PTC110088. Its GSTIN is 29AAJCP6710E1ZD (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Bikash Poddar and Gowrang More.

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 G – 12 Richmond Towers Richmond Road, Bangalore, Karnataka, India – 560025.

As per the financials filed for FY 2021, the company reported a revenue of ₹17.3 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹28.35 Lakh (net margin 1.6%) and EBITDA of ₹52.08 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 351% over three years.

Court records list 42 cases involving the company, including 37 filed by the company and 5 filed against it; 11 cases are pending.

Projektelits India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0156494). For more details, the company can be reached via its website projektelits.com.

Company details

CIN U20299KA2018PTC110088
Registration Number 110088
Incorporation Date 12 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
MSME Classification Small
Udyam Registration UDYAM-KR-03-0156494

Recognitions & Rankings of Projektelits India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0156494

Contact details

Projektelits India Private Limited's registered office is in Bangalore, Karnataka. Its website is projektelits.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    No G – 12 Richmond Towers Richmond Road, Bangalore, Karnataka, India – 560025
  • Industry
    Manufacturing, Wood Products & MDF

To see the full contact details of Projektelits India Private Limited, buy the company report.

Comprehensive company report
Projektelits India 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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Business activity

The main business activity of Projektelits India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

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

Financials of Projektelits India Private Limited

FY 2021 filings available

Projektelits India Private Limited reported revenue of ₹17.3 Cr (down 40% YoY) for FY 2021.

Revenue · FY 2021
₹17.3 Cr ▼ 40%
Net profit · FY 2021
₹28.35 Lakh margin 1.6%
EBITDA · FY 2021
₹52.08 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 351%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 308%

Revenue fell 40% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 351%. EBITDA fell 55% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹17.3 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹52.08 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹28.35 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 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin3%
Net Profit Margin1.6%
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 Projektelits India Private Limited, buy the company report.

Board of directors of Projektelits India Private Limited

Projektelits India has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bikash PoddarDirector12 Feb 20188 Years 8 MonthsCurrent
Gowrang MoreDirector12 Feb 20188 Years 8 MonthsCurrent
Amit PoddarDirector12 Feb 20188 Years 8 MonthsCurrent
Krishna PoddarDirector02 Jan 20197 Years 10 MonthsCurrent
Naveen PoddarDirector12 Feb 20188 Years 8 MonthsCurrent
Dhananjoy PoddarDirector12 Feb 20188 Years 8 MonthsCurrent

Peer comparison

Projektelits India Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Deluxe Interior Infrastructure Private Limited₹17.71 Cr (FY 2024)7.0%Mumbai, Maharashtra, India
Beautex Industries Private Limited₹17.49 Cr (FY 2025)-3.0%Mumbai, Maharashtra, India
Leo Laminates Private Limited₹17.38 Cr (FY 2020)-6.0%Telangana, India
Projektelits India Private Limitedthis company₹17.3 Cr (FY 2021)₹28.35 Lakh1.6%-40.0%Bangalore, Karnataka, India
Relay Particle Private Limited₹17.29 Cr (FY 2025)165.0%Ahmedabad, Gujarat, India
M B Plywood Industries Pvt Ltd₹17.14 Cr (FY 2024)-16.0%Kichha, Uttarakhand, India
Shree Salasar Decoplast Private Limited₹17.1 Cr (FY 2025)65.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Projektelits India Private Limited, buy the company report.

Auditor

Projektelits India Private Limited is audited by Kirtane & Pandit LLP for the financial year 2021.

Auditor firmFinancial yearFirm registration number
Kirtane & Pandit LLPFY 2021105215W/W100057

Shareholding

The shareholding of Projektelits India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Projektelits India Private Limited, buy the company report.

MSME payment delays

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

GST

Projektelits India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCP6710E1ZDKarnatakaActive27 Feb 2018

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

Recent activity

Projektelits India Private Limited has 7 board changes on record since 2018: 6 appointments and 1 cessation. The latest: Krishna Poddar was appointed as Director on 02 Jan 2019.

AGM
Projektelits India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Projektelits India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Appointed
Krishna Poddar was appointed as Director.
Ceased
Sanjay Kumar Poddar ceased to be Director.
Appointed
Amit Poddar was appointed as Director.
Appointed
Bikash Poddar was appointed as Director.
Appointed
Dhananjoy Poddar was appointed as Director.
Appointed
Gowrang More was appointed as Director.
Appointed
Naveen Poddar was appointed as Director.
Incorporation
12 Feb 2018
Projektelits India Private Limited was registered on 12 Feb 2018 with Roc Bangalore & aged 8 years 8 months as per MCA records.

Frequently asked questions

Projektelits India is an active private limited company based in Bangalore, Karnataka, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 12 February 2018 (8+ years old) and is registered under CIN U20299KA2018PTC110088.

Projektelits India has 6 current directors:

The latest financial statements of Projektelits 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 FY 2018 are in the company report.

The GSTIN of Projektelits India is 29AAJCP6710E1ZD, registered in Karnataka.

The CIN (Corporate Identification Number) of Projektelits India is U20299KA2018PTC110088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Projektelits India has 42 court cases on record: 37 filed by the company and 5 filed against it. 11 are pending.

Projektelits India was incorporated on 12 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Projektelits India by revenue are Deluxe Interior Infrastructure Private Limited, Beautex Industries Private Limited, Leo Laminates Private Limited, Relay Particle Private Limited, M B Plywood Industries Pvt Ltd and 1 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Krishna Poddar was appointed as Director on 02 Jan 2019. Sanjay Kumar Poddar ceased to be Director on 02 Jan 2019. Amit Poddar was appointed as Director on 12 Feb 2018. Projektelits India has 7 board changes on record in total.

Yes, Projektelits India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0156494).

Projektelits India can be reached through the website projektelits.com. Its registered office is in Bangalore, Karnataka, India.