MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0101291
Southern Projects India Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.89 Cr
▲ 13% YoY
Net profit · FY 2024
₹66.25 Lakh
Net margin 4.4%
EBITDA · FY 2024
₹1.45 Cr
EBITDA margin 9.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
18
Provident fund records
About Southern Projects India Private Limited
Data last updated:
Southern Projects India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 14 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2020PTC137256. Its GSTIN is 29ABECS1885M1ZM (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Dibbada Hally Eshwarappa Shivakumar and Veerendra Patil Kumbri.
Its last annual general meeting (AGM) was held on 15 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.89 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹66.25 Lakh (net margin 4.4%) and EBITDA of ₹1.45 Cr (EBITDA margin 9.7%).
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Southern Projects India. As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 32 cases involving the company, including 2 filed by the company and 27 filed against it; 10 cases are pending.
Southern Projects India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0101291). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website southernprojectsindia.com.
Company Details of Southern Projects India Private Limited
CIN U45209KA2020PTC137256
Registration Number 137256
Incorporation Date 14 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 March 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0101291
Recognitions & Rankings of Southern Projects India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.871 And 872 18th Main, 5th Block Rajajinagar Bengaluru, Bangalore, Karnataka, India – 560010
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
Comprehensive company report
Southern Projects India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
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- Legal cases, compliance and MCA filings
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Associated Brands with Southern Projects India Private Limited
Southern Projects India operates one associated brand: Southern Projects India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides electrical contracting and turnkey services for industries and power plants across India. | southernprojectsindia.com |
Business Activity of Southern Projects India Private Limited
The main business activity of Southern Projects India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Southern Projects India Private Limited FY 2024 filings available
Southern Projects India Private Limited reported revenue of ₹14.89 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹14.89 Cr ▲ 13%
Net profit · FY 2024
₹66.25 Lakh margin 4.4%
EBITDA · FY 2024
₹1.45 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR) of Southern Projects India Private Limited
Revenue CAGR growth
1 year
▲ 13%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 481%
Revenue rose 13% in the latest year. EBITDA rose 36% 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 of Southern Projects India Private Limited
| Metrics | 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 | ₹1.45 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹66.25 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 of Southern Projects India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.7% | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Southern Projects India are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Southern Projects India Private Limited
Southern Projects India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dibbada Hally Eshwarappa Shivakumar Also directs: Southern Mep Projects LLP | Director | 23 Jan 2023 | 3 Years 8 Months | Current |
| Veerendra Patil Kumbri Also directs: Southern Mep Projects LLP | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
Peer Comparison of Southern Projects India Private Limited
Southern Projects India Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijayshree Electromech Private Limited | ₹15.1 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Off C G Road, Gujarat, India |
| Apikore Electrobuild Private Limited | ₹15.09 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Suiyas Industries Private Limited | ₹15.03 Cr (FY 2021) | •••• | •••• | -40.0% | •••• | Bangalore, Karnataka, India |
| Boundless Environment Resource Solutions Private Limited | ₹15.03 Cr (FY 2024) | •••• | •••• | 265.0% | •••• | New Delhi, Delhi, India |
| MMR Construction Company Private Limited | ₹15 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Delhi, India |
| Southern Projects India Private Limited this company | ₹14.89 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Megatron Solutions Private Limited | ₹14.86 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Bangalore, Karnataka, India |
| Sew Engineering (India) Private Limited | ₹14.86 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Sunkranti Energy Private Limited | ₹14.79 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Nagpur, Maharashtra, India |
| Laxmi Transmissions Private Limited | ₹14.75 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kanpur, Uttar Pradesh, India |
| PVR Power Energy Private Limited | ₹14.74 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Paramakudi, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Southern Projects India by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Southern Projects India Private Limited
Southern Projects India Private Limited is audited by R RAJANNA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R RAJANNA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Southern Projects India Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Southern Projects India Private Limited
Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2023 | Others | ₹2.5 Cr | Open |
| 07 Aug 2023 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Southern Projects India Private Limited
Southern Projects India Private Limited has 32 court cases on record: 2 filed by Southern Projects India, 27 filed against it, 3 where it is another party. 10 cases are pending and 22 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
32
Filed by the company
2
Filed against the company
27
Pending
10
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 25 | 9 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Metals and Metal Electric P Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Chandresh Cables Limited | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by Yes Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance (India) Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Neogrowth Credit Private Limited | Disposed |
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Full case history
All 32 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Southern Projects India Private Limited
Employment history and EPFO contributions of people linked to Southern Projects India.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Southern Projects India Private Limited
Southern Projects India Private Limited has 8 board changes on record since 2021: 2 appointments and 6 cessations. The latest: Gurupadayya Math Madiwalayya ceased to be Director on 24 Jan 2023.
AGM
Southern Projects India Private Limited last Annual general meeting of members was held on 15 Mar 2025 as per latest MCA records.
Filing
Southern Projects India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100815227 was registered on 23 Aug 2023.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100819931 was registered on 07 Aug 2023.
Ceased
Gurupadayya Math Madiwalayya ceased to be Director.
Appointed
Dibbada Hally Eshwarappa Shivakumar was appointed as Director.
Ceased
Santhosh Sattur Subramanyam ceased to be Additional Director.
Ceased
Kalpana Rajpurohit ceased to be Additional Director.
Ceased
Math Madiwalayya Neelamma ceased to be Additional Director.
Ceased
Rajpurohit Subramanya ceased to be Additional Director.
Appointed
Veerendra Patil Kumbri was appointed as Director.
Ceased
Veerendra Patil Kumbri ceased to be Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Southern Projects India Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Southern Projects India Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Southern Projects India Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Southern Projects India Private Limited
Southern Projects India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABECS1885M1ZM | Karnataka | Active | 08 Sep 2020 |
| 30ABECS1885M1Z3 | Goa | Active | 20 Jan 2023 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Southern Projects India Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Southern Projects India Private Limited
Southern Projects India is an active private limited company based in Bangalore, Karnataka, India. The company works in power epc, within the energy and power industry. It was incorporated on 14 August 2020 (6+ years old) and is registered under CIN U45209KA2020PTC137256.
Southern Projects India reported revenue of ₹14.89 Cr for FY 2024 (up 13% YoY).
Southern Projects India has 2 current directors:
- Dibbada Hally Eshwarappa Shivakumar - Director
- Veerendra Patil Kumbri - Director
Southern Projects India reported a net profit of ₹66.25 Lakh (net margin 4.4%) and EBITDA of ₹1.45 Cr (EBITDA margin 9.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Southern Projects India is 29ABECS1885M1ZM, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30ABECS1885M1Z3 (Goa).
The CIN (Corporate Identification Number) of Southern Projects India is U45209KA2020PTC137256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southern Projects India has 32 court cases on record: 2 filed by the company and 27 filed against it. 10 are pending. Most are in the district courts.
Southern Projects India was incorporated on 14 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Southern Projects India by revenue are Vijayshree Electromech Private Limited, Apikore Electrobuild Private Limited, Suiyas Industries Private Limited, Boundless Environment Resource Solutions Private Limited, MMR Construction Company Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Gurupadayya Math Madiwalayya ceased to be Director on 24 Jan 2023. Dibbada Hally Eshwarappa Shivakumar was appointed as Director on 23 Jan 2023. Santhosh Sattur Subramanyam ceased to be Additional Director on 30 Sep 2022. Southern Projects India has 8 board changes on record in total.
Yes, Southern Projects India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0101291).