MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0152938
Skava Electric Private Limited - energy and power in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹10.39 Cr
▲ 3% YoY
Net loss · FY 2022
₹5.14 Cr
Net margin -49.5%
EBITDA · FY 2022
-₹4.53 Cr
EBITDA margin -43.6%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.55 Cr
Issued & subscribed
Open charges
₹8.55 Cr
Satisfied ₹4.8 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
40
Provident fund records
About Skava Electric Private Limited
Data last updated:
Skava Electric Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31200KA2005PTC037281. Its GSTIN is 29AAJCS3204N1Z0 (Karnataka). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.55 Cr. It was formerly known as Skava Electric Limited and Skin Electric (India) Private Limited. It is led by directors Sushil Kumar Sampath Raj and Shrenik Kavediya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 5 6 Kulume Beedi 4th Main Road Doddakallasandra Kanakapura Road, Bengaluru, Karnataka, India – 560062.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.39 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹5.14 Cr (net margin -49.5%) and EBITDA of -₹4.53 Cr (EBITDA margin -43.6%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 19% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.55 Cr and satisfied charges of ₹4.8 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 3 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in January 2022. The company has 12 MSME Form 1 returns on record between 2017 and 2019, listing 237 overdue payments to 18 micro and small suppliers.
Skava Electric Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0152938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skava.in.
Company details
CIN U31200KA2005PTC037281
Registration Number 037281
Incorporation Date 21 September 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0152938
Name history
Skava Electric has undergone 2 name changes throughout its history. The company was previously known as Skava Electric Limited, and Skin Electric (India) Private Limited. The current legal name is Skava Electric Private Limited.
| Company Name | Status |
|---|---|
| Skava Electric Private Limited | Current |
| Skava Electric Limited | Previous |
| Skin Electric (India) Private Limited | Previous |
CIN history
Skava Electric has one previous CIN (Corporate Identification Number): U31200KA2005PLC037281. The current CIN is U31200KA2005PTC037281, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200KA2005PTC037281 | Current |
| U31200KA2005PLC037281 | Previous |
Recognitions & Rankings of Skava Electric
Contact details
Skava Electric Private Limited's registered office is in Bengaluru, Karnataka. Its website is skava.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 5 6 Kulume Beedi 4th Main Road Doddakallasandra Kanakapura Road, Bengaluru, Karnataka, India – 560062
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Skava Electric Private Limited, buy the company report.
Comprehensive company report
Skava Electric 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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Financials of Skava Electric Private Limited
FY 2024 filings availableSkava Electric Private Limited reported revenue of ₹10.39 Cr (up 3% YoY) for FY 2022.
Revenue · FY 2022
₹10.39 Cr ▲ 3%
Net loss · FY 2022
₹5.14 Cr margin -49.5%
EBITDA · FY 2022
-₹4.53 Cr margin -43.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 31%
5 years · compounded
▼ 19%
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.14 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -43.6% | ||||
| Net Profit Margin | -49.5% | ||||
| 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 Skava Electric Private Limited, buy the company report.
Board of directors of Skava Electric Private Limited
Skava Electric has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Sampath Raj | Director | 27 May 2016 | 10 Years 5 Months | Current |
| Shrenik Kavediya | Director | 02 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Skava Electric Private Limited is audited by DEVRAJ KOTHARI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVRAJ KOTHARI & CO. | FY 2022 | 000737S |
Shareholding
The shareholding of Skava Electric 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Skava Electric Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.55 Cr
Satisfied charges
₹4.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2013 | 10438824 | State Bank of Travancore | ₹8.55 Cr | Open | |
| 22 Jan 2008 | 10086045 | Bank of India | ₹4.8 Cr | Satisfied |
To see the full charge records of Skava Electric Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Skava Electric Private Limited has 1 deal on record (1 acquisition); the latest was in January 2022.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Acquisition | ₹4 Cr | Buyer: Stove Kraft Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Skava Electric Private Limited has 9 court cases on record: 4 filed by Skava Electric, 5 filed against it. 3 cases are pending and 6 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 3 |
| District courts | 4 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Income Tax Officer | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Income Tax Officer and 3 others | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Income Tax Officer Ward 6(1)(1) | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Income Tax Officer Ward 6(1)(1) Bengaluru | Disposed |
To see the full case history of Skava Electric 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.
Credit ratings & regulatory alerts
Skava Electric Private Limited was last rated by Brickwork on 04 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 04 Aug 2020 |
To see the full credit ratings and regulatory alerts of Skava Electric Private Limited, buy the company report.
MSME payment delays
Skava Electric Private Limited has 12 MSME Form 1 returns on record between 2017 and 2019, listing 237 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Essdess Electro Tech | |||
| Plasmotek | |||
| Axiom Controls Private Limited |
To see the full MSME payment records of Skava Electric Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Skava Electric Private Limited has a workforce of 40 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
-4.76%
GST
Skava Electric has 6 GST registrations: 1 active and 5 cancelled or inactive.
Total GSTINs
6
Active
1
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS3204N1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Skava Electric Private Limited, buy the company report.
Recent activity
Skava Electric Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Shrenik Kavediya was appointed as Director on 02 Jan 2024.
AGM
Skava Electric Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Skava Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Shrenik Kavediya was appointed as Director.
Ceased
Shrenik Kavediya ceased to be Director.
Ceased
Sushil Kumar Sampath Raj ceased to be Additional Director.
Appointed
Sushil Kumar Sampath Raj was appointed as Director.
Ceased
Tarun Prakash Mehta ceased to be Director.
Ceased
Sarika Mahendra Jain ceased to be Director.
Charges
A charge with State Bank Of Travancore of Rs. 8.55 Cr registered on 27 Jun 2013 with Charge ID 10438824 was modified on 30 Dec 2014.
Charges
A charge registered on 22 Jan 2008 via Charge ID 10086045 with Bank Of India was fully satisfied on 26 Jul 2014.
Charges
A charge with State Bank Of Travancore amounted to Rs. 8.55 Cr with Charge ID 10438824 was registered on 27 Jun 2013.
Charges
A charge with Bank Of India of Rs. 4.80 Cr registered on 22 Jan 2008 with Charge ID 10086045 was modified on 25 Mar 2013.
3 earlier events are in the company report.
Frequently asked questions
Skava Electric is an active private limited company based in Bengaluru, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 21 September 2005 (21+ years old) and is registered under CIN U31200KA2005PTC037281.
Skava Electric has 2 current directors:
- Sushil Kumar Sampath Raj - Director
- Shrenik Kavediya - Director
The latest financial statements of Skava Electric on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Skava Electric is 29AAJCS3204N1Z0, registered in Karnataka. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Skava Electric is U31200KA2005PTC037281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skava Electric has 9 court cases on record: 4 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Skava Electric was incorporated on 21 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Skava Electric has 1 deal on record (1 acquisition); the latest was in January 2022.
Shrenik Kavediya was appointed as Director on 02 Jan 2024. Shrenik Kavediya ceased to be Director on 30 Jun 2023. Sushil Kumar Sampath Raj ceased to be Additional Director on 30 Sep 2016. Skava Electric has 7 board changes on record in total.
Yes, Skava Electric is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0152938).
Skava Electric has 12 MSME Form 1 returns on record between 2017 and 2019, listing 237 overdue payments to 18 micro and small suppliers. The latest return was filed on 31 Oct 2019.