Shreevari Energy Systems Private Limited

Shreevari Energy Systems Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U27101TN2004PTC054979 Incorporated 21 December 2004 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2024
₹50.37 Cr
▼ 13% YoY
Net loss · FY 2024
₹4.33 Cr
Net margin -8.6%
EBITDA · FY 2024
₹5.93 Cr
EBITDA margin 11.8%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹30 Cr
Issued & subscribed
Open charges
₹50 Cr
Satisfied ₹99.8 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
75
Provident fund records

About Shreevari Energy Systems Private Limited

Data last updated:

Shreevari Energy Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Ntc Holdings Private Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 21 December 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27101TN2004PTC054979. Its GSTIN is 33AAJCS7755A1ZE (Tamil Nadu).

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹30 Cr. It was formerly known as Sreevari Fabricators Private Limited and Sreevari Engineers Private Limited. It is led by directors including Sellappan Jayasimman and Arunachalam Kunnimalaisamy.

Its last annual general meeting (AGM) was held on 31 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ntctowersnewno97 Oldno.47 Linghichettystreet, Chennai, Tamil Nadu, India – 600001.

As per the financials filed for FY 2024, the company reported a revenue of ₹50.37 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹4.33 Cr (net margin -8.6%) and EBITDA of ₹5.93 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 31% over five years.

The company has about 75 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹99.8 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹1.01 Cr; the latest was in March 2024. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 40 overdue payments to 18 micro and small suppliers.

Shreevari Energy Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-27-0003464). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreevarienergy.com.

Company details

CIN U27101TN2004PTC054979
Registration Number 054979
Incorporation Date 21 December 2004
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 October 2024
Date of Balance Sheet 31 March 2024
Parent Company Ntc Holdings Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-27-0003464

Name history

Shreevari Energy Systems has undergone 2 name changes throughout its history. The company was previously known as Sreevari Fabricators Private Limited, and Sreevari Engineers Private Limited. The current legal name is Shreevari Energy Systems Private Limited.

Company NameStatus
Shreevari Energy Systems Private LimitedCurrent
Sreevari Fabricators Private LimitedPrevious
Sreevari Engineers Private LimitedPrevious

Recognitions & Rankings of Shreevari Energy Systems

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-27-0003464

Contact details

Shreevari Energy Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shreevarienergy.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Ntctowersnewno97 Oldno.47 Linghichettystreet, Chennai, Tamil Nadu, India – 600001
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Shreevari Energy Systems Private Limited, buy the company report.

Comprehensive company report
Shreevari Energy Systems 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 Shreevari Energy Systems is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Shreevari Energy Systems Private Limited, buy the company report.

Financials of Shreevari Energy Systems Private Limited

FY 2024 filings available

Shreevari Energy Systems Private Limited reported revenue of ₹50.37 Cr (down 13% YoY) for FY 2024.

Revenue · FY 2024
₹50.37 Cr ▼ 13%
Net loss · FY 2024
₹4.33 Cr margin -8.6%
EBITDA · FY 2024
₹5.93 Cr margin 11.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 12%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 7%
5 years · compounded
▲ 26%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 8% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹5.93 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.33 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.8%
Net Profit Margin-8.6%
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 Shreevari Energy Systems Private Limited, buy the company report.

Board of directors of Shreevari Energy Systems Private Limited

Shreevari Energy Systems has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sellappan JayasimmanDirector26 Nov 20196 Years 11 MonthsCurrent
Arunachalam KunnimalaisamyDirector16 Mar 201511 Years 7 MonthsCurrent
Kandasamy ChandramohanDirector21 Dec 200421 Years 10 MonthsCurrent
Raaja SundaramDirector21 Dec 200421 Years 10 MonthsCurrent

Auditor

Shreevari Energy Systems Private Limited is audited by A.V.Deven& Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A.V.Deven& Co.FY 202300726S

Shareholding

The shareholding of Shreevari Energy Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shreevari Energy Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹50 Cr
Satisfied charges
₹99.8 Cr
Breakdown by lending institutions
Others₹50.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Nov 2025101198876Others₹50 CrOpen
12 Dec 2024101024215Others₹16 CrSatisfied
22 Sep 2022100611887Others₹16.18 CrSatisfied
11 Feb 2022100547295Others₹59.9 CrSatisfied
01 Sep 201410528534Axis Bank Limited₹5.5 CrSatisfied

To see the full charge records of Shreevari Energy Systems Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Shreevari Energy Systems Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹1.01 Cr; the latest was in March 2024.

Total deals
6
Secondary share transfers
3
Funding rounds
2
Acquisition
1
Disclosed funding
₹1.01 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: NTC Holdings Private Limited
Apr 2017AcquisitionUndisclosedBuyer: NTC Holdings Private Limited
Seller: 4 individuals
Jan 2014Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Namakkal Transport Carriers Private Limited
Mar 2011Funding round₹92.5 LakhInvestors: Namakkal Transport Carriers Private Limited, 3 individuals
Mar 2007Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Shreevari Energy Systems Private Limited, buy the company report.

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

MSME payment delays

Shreevari Energy Systems Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 40 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 18)

SupplierAmount dueDue sinceReported on
Sree Murugan Bearings
DSC Pipes and Tubes Private Limited
Chennai Mettex Lab Private Limited
Dhanalakshmi Engineering Works
GB NDT Engineering Services

To see the full MSME payment records of Shreevari Energy Systems Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Shreevari Energy Systems Private Limited has a workforce of 75 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
75
Active EPFO establishments
1
Employee growth
-7.41%

GST

Shreevari Energy Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAJCS7755A1ZETamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Shreevari Energy Systems Private Limited, buy the company report.

Recent activity

Shreevari Energy Systems Private Limited has 11 board changes on record since 2004: 4 appointments and 7 cessations. The latest: Sellappan Jayasimman ceased to be Additional Director on 30 Dec 2020.

Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101198876 was registered on 27 Nov 2025.
Charges
A charge registered on 12 Dec 2024 via Charge ID 101024215 with Others was fully satisfied on 30 Oct 2025.
Charges
A charge registered on 11 Feb 2022 via Charge ID 100547295 with Others was fully satisfied on 29 Oct 2025.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 101024215 was registered on 12 Dec 2024.
AGM
Shreevari Energy Systems Private Limited last Annual general meeting of members was held on 31 Oct 2024 as per latest MCA records.
Charges
A charge registered on 22 Sep 2022 via Charge ID 100611887 with Others was fully satisfied on 14 Oct 2024.
Filing
Shreevari Energy Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 16.18 Cr with Charge ID 100611887 was registered on 22 Sep 2022.
Charges
A charge registered on 01 Sep 2014 via Charge ID 10528534 with Axis Bank Limited was fully satisfied on 31 Mar 2022.
Charges
A charge with Others amounted to Rs. 59.90 Cr with Charge ID 100547295 was registered on 11 Feb 2022.
Charges
A charge registered on 10 Feb 2010 via Charge ID 10207089 with Central Bank Of India was fully satisfied on 24 Jan 2022.
Charges
A charge with Axis Bank Limited of Rs. 5.50 Cr registered on 01 Sep 2014 with Charge ID 10528534 was modified on 15 Mar 2021.

15 earlier events are in the company report.

Frequently asked questions

Shreevari Energy Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 21 December 2004 (22+ years old) and is registered under CIN U27101TN2004PTC054979.

Shreevari Energy Systems has 4 current directors:

The latest financial statements of Shreevari Energy Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 October 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Shreevari Energy Systems is 33AAJCS7755A1ZE, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Shreevari Energy Systems is U27101TN2004PTC054979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shreevari Energy Systems has 1 court case on record: 1 filed against it. 1 is pending.

Shreevari Energy Systems was incorporated on 21 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.

Shreevari Energy Systems has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹1.01 Cr; the latest was in March 2024.

Sellappan Jayasimman ceased to be Additional Director on 30 Dec 2020. Sellappan Jayasimman was appointed as Director on 26 Nov 2019. Natarajan Thillaiarasan ceased to be Director on 05 Feb 2018. Shreevari Energy Systems has 11 board changes on record in total.

Yes, Shreevari Energy Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-27-0003464).

Shreevari Energy Systems has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 40 overdue payments to 18 micro and small suppliers. The latest return was filed on 31 Oct 2019.