MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-11-0001639
SKF Elixer India Private Limited - machinery and equipment in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹194.26 Cr
▲ 33% YoY
Net profit · FY 2025
₹4.42 Cr
Net margin 2.3%
EBITDA · FY 2025
₹11.61 Cr
EBITDA margin 6%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹15.45 Cr
Issued & subscribed
Open charges
₹58.38 Cr
Satisfied ₹11.85 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
190
Provident fund records
About SKF Elixer India Private Limited
Data last updated:
SKF Elixer India Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U41000KA2014PTC077068. Its GSTIN is 29AAVCS1094C1ZZ (Karnataka).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.45 Cr. It is led by directors including Ramakrishna Achar (Managing Director) and Prajwal Achar.
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 3 – 128(3) Bannadka Post Belvai, Mangalore, Karnataka, India – 574213.
As per the financials filed for FY 2025, the company reported a revenue of ₹194.26 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹4.42 Cr (net margin 2.3%) and EBITDA of ₹11.61 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 84% over five years.
The company has about 190 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹58.38 Cr and satisfied charges of ₹11.85 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 5 cases are pending. The company has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in January 2021. Its 4 peer companies in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 1 smaller; the largest is Nu-Vu Conair Private Limited with revenue of ₹207.51 Cr.
SKF Elixer India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0001639). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skfelixer.com.
Company details
CIN U41000KA2014PTC077068
Registration Number 077068
Incorporation Date 05 November 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-11-0001639
Recognitions & Rankings of SKF Elixer India
Contact details
SKF Elixer India Private Limited's registered office is in Mangalore, Karnataka. Its website is skfelixer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3 – 128(3) Bannadka Post Belvai, Mangalore, Karnataka, India – 574213
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of SKF Elixer India Private Limited, buy the company report.
Comprehensive company report
SKF Elixer 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 SKF Elixer India 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 SKF Elixer India Private Limited, buy the company report.
Financials of SKF Elixer India Private Limited
FY 2025 filings availableSKF Elixer India Private Limited reported revenue of ₹194.26 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹194.26 Cr ▲ 33%
Net profit · FY 2025
₹4.42 Cr margin 2.3%
EBITDA · FY 2025
₹11.61 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 32%
5 years · compounded
▲ 84%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 34%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 84% over five years, including 33% growth in the latest year. EBITDA rose 53% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹11.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.42 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 SKF Elixer India Private Limited, buy the company report.
Board of directors of SKF Elixer India Private Limited
SKF Elixer India has 3 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 |
|---|---|---|---|---|
| Prajwal Achar | Director | 05 Nov 2014 | 12 Years 0 Months | Current |
| Thejas Achar | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
| Ramakrishna Achar Also directs: SKF Par Boiled Driers Private Limited | Managing Director | 05 Nov 2014 | 12 Years 0 Months | Current |
Peer comparison
SKF Elixer India Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nu-Vu Conair Private Limited | ₹207.51 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Acg Pharma Technologies Private Limited | ₹198.92 Cr (FY 2023) | -25.0% | Mumbai, Maharashtra, India | |||
| HRS Process Systems Limited | ₹194.39 Cr (FY 2025) | -32.0% | Pune, Maharashtra, India | |||
| SKF Elixer India Private Limitedthis company | ₹194.26 Cr (FY 2025) | ₹4.42 Cr | 2.3% | 33.0% | 190 | Mangalore, Karnataka, India |
| Axtel Industries Limited | ₹183.22 Cr (FY 2025) | -19.0% | Baska, Gujarat, India |
To see the full peer comparison of SKF Elixer India Private Limited, buy the company report.
Auditor
SKF Elixer India Private Limited is audited by S S Nayak and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Nayak and Associates | FY 2023 | 014129S |
Shareholding
The shareholding of SKF Elixer India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SKF Elixer India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹58.38 Cr
Satisfied charges
₹11.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2025 | 101130913 | Sidbi | ₹79 Lakh | Open | |
| 05 Jun 2025 | 101115467 | Karnataka Bank Ltd. | ₹5 Cr | Open | |
| 27 Jan 2025 | 101041785 | Others | ₹68 Lakh | Open | |
| 16 Dec 2023 | 100841677 | Others | ₹6.8 Cr | Open | |
| 18 Jan 2022 | 100554646 | Karnataka Bank Ltd. | ₹1.19 Cr | Open |
To see the full charge records of SKF Elixer India Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
SKF Elixer India Private Limited has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in January 2021.
Total deals
5
Rights issues
3
Secondary share transfers
2
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2019 | Rights issue | ₹8.27 Cr | Investors: SKF Par Boiled Driers Private Limited , 3 individuals |
| Nov 2017 | Rights issue | ₹5 Lakh | Investors: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Mysore S Jayaram Huf Seller: an individual |
| Feb 2015 | Rights issue | ₹92.5 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SKF Elixer India Private Limited has 5 court cases on record: 2 filed by SKF Elixer India, 3 filed against it. All cases are pending.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 3 |
| High courts | 2 | 1 | 2 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against individuals | Pending |
To see the full case history of SKF Elixer India 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 SKF Elixer India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SKF Elixer India Private Limited has a workforce of 190 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
190
Active EPFO establishments
1
Employee growth
18.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 190 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of SKF Elixer India Private Limited, buy the company report.
GST
SKF Elixer India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS1094C1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SKF Elixer India Private Limited, buy the company report.
Recent activity
SKF Elixer India Private Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Srinidhi Sridhara Iyengar ceased to be CEO on 14 Feb 2025.
Charges
A charge with Karnataka Bank Ltd. of Rs. 43.92 Cr registered on 24 Jun 2021 with Charge ID 100471746 was modified on 03 Dec 2025.
AGM
Skf Elixer India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Karnataka Bank Ltd. of Rs. 5.00 Cr registered on 05 Jun 2025 with Charge ID 101115467 was modified on 15 Jul 2025.
Charges
A charge with Sidbi amounted to Rs. 0.79 Cr with Charge ID 101130913 was registered on 03 Jul 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 5.00 Cr with Charge ID 101115467 was registered on 05 Jun 2025.
Filing
Skf Elixer India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Srinidhi Sridhara Iyengar ceased to be CEO.
Charges
A charge with Others amounted to Rs. 0.68 Cr with Charge ID 101041785 was registered on 27 Jan 2025.
Charges
A charge with Others of Rs. 6.80 Cr registered on 16 Dec 2023 with Charge ID 100841677 was modified on 18 Dec 2023.
Charges
A charge with Others amounted to Rs. 6.80 Cr with Charge ID 100841677 was registered on 16 Dec 2023.
Ceased
Anusha Acharya ceased to be Additional Director.
Ceased
Madhusoodanan Vengatil Pappini ceased to be Additional Director.
12 earlier events are in the company report.
Frequently asked questions
SKF Elixer India is an active private limited company based in Mangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 November 2014 (12+ years old) and is registered under CIN U41000KA2014PTC077068.
SKF Elixer India has 3 current directors:
- Ramakrishna Achar - Managing Director
- Prajwal Achar - Director
- Thejas Achar - Director
The latest financial statements of SKF Elixer India 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 2015 are in the company report.
The GSTIN of SKF Elixer India is 29AAVCS1094C1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of SKF Elixer India is U41000KA2014PTC077068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SKF Elixer India has 5 court cases on record: 2 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
SKF Elixer India was incorporated on 05 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
SKF Elixer India has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in January 2021.
The peers of SKF Elixer India by revenue are Nu-Vu Conair Private Limited, Acg Pharma Technologies Private Limited, HRS Process Systems Limited, Axtel Industries Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Srinidhi Sridhara Iyengar ceased to be CEO on 14 Feb 2025. Anusha Acharya ceased to be Additional Director on 06 Mar 2023. Madhusoodanan Vengatil Pappini ceased to be Additional Director on 06 Mar 2023. SKF Elixer India has 8 board changes on record in total.
Yes, SKF Elixer India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-11-0001639).
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