About S. S. Power-Tech Industries Private Limited
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S. S. Power-Tech Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 07 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31101KA2009PTC050571. Its GSTIN is 29AANCS5469B1ZY (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹88.46 Lakh. It is led by directors including Pradeep Madaiah and Madaiah Sangappa.
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 153 Industrial Shed No 8 Kodigehalli Industrial Area Kodigehalli Opp Magadi Main Road, Bangalore, Karnataka, India – 560091.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.52 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹5.48 Lakh (net margin -3.6%) and EBITDA of ₹7.82 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 137% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹2.85 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sspowertech.com.
Company details
Contact details
S. S. Power-Tech Industries Private Limited's registered office is in Bangalore, Karnataka. Its website is sspowertech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 153 Industrial Shed No 8 Kodigehalli Industrial Area Kodigehalli Opp Magadi Main Road, Bangalore, Karnataka, India – 560091
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of S. S. Power-Tech Industries Private Limited, buy the company report.
- 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
Business activity
The main business activity of S. S. Power-Tech Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of S. S. Power-Tech Industries Private Limited, buy the company report.
Financials of S. S. Power-Tech Industries Private Limited
FY 2021 filings availableS. S. Power-Tech Industries Private Limited reported revenue of ₹1.52 Cr (up 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 30% growth in the latest year. EBITDA fell 76% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.48 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | -3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of S. S. Power-Tech Industries Private Limited, buy the company report.
Board of directors of S. S. Power-Tech Industries Private Limited
S. S. Power-Tech Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Madaiah | Director | 07 Aug 2009 | 17 Years 2 Months | Current |
| Madaiah Sangappa | Director | 07 Aug 2009 | 17 Years 2 Months | Current |
| Muniyamma Thaamayappa | Director | 07 Aug 2009 | 17 Years 2 Months | Current |
Auditor
S. S. Power-Tech Industries Private Limited is audited by ANANTHA KRISHNAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANANTHA KRISHNAN & CO | FY 2021 | 007047S |
Shareholding
The shareholding of S. S. Power-Tech Industries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S. S. Power-Tech Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2011 | 10312944 | State Bank of India | ₹2.85 Cr | Open |
Total charge records: 1 View all charges
Legal cases
S. S. Power-Tech Industries Private Limited has 6 court cases on record: 4 filed by S. S. Power-Tech Industries, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by M/S Nidec Industrial Automation Indiaprivate Limited Rped Herein Through Itsauthorized Signatory | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed by the company against Ms S.V. Concrete Products Private Ltd. and 1 other | Disposed |
To see the full case history of S. S. Power-Tech Industries 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 S. S. Power-Tech Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S. S. Power-Tech Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCS5469B1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S. S. Power-Tech Industries Private Limited, buy the company report.
Recent activity
S. S. Power-Tech Industries Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Madaiah Sangappa was appointed as Director on 07 Aug 2009.
Frequently asked questions
S. S. Power-Tech Industries is an active 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 07 August 2009 (17+ years old) and is registered under CIN U31101KA2009PTC050571.
S. S. Power-Tech Industries has 3 current directors:
- Pradeep Madaiah - Director
- Madaiah Sangappa - Director
- Muniyamma Thaamayappa - Director
The latest financial statements of S. S. Power-Tech Industries 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 2015 are in the company report.
The GSTIN of S. S. Power-Tech Industries is 29AANCS5469B1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of S. S. Power-Tech Industries is U31101KA2009PTC050571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S. S. Power-Tech Industries has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending.
S. S. Power-Tech Industries was incorporated on 07 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Madaiah Sangappa was appointed as Director on 07 Aug 2009. Muniyamma Thaamayappa was appointed as Director on 07 Aug 2009. Pradeep Madaiah was appointed as Director on 07 Aug 2009.
S. S. Power-Tech Industries can be reached through the website sspowertech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of S. S. Power-Tech Industries is at No 153 Industrial Shed No 8 Kodigehalli Industrial Area Kodigehalli Opp Magadi Main Road, Bangalore, Karnataka, India – 560091.
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