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 30 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
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands
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
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 |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Southern Projects India Private Limited
FY 2024 filings availableSouthern 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)
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
| Metrics | FY 2023-24 | FY 2020-21 to FY 2022-23in the company report |
|---|---|---|
| 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
| Metrics | FY 2023-24 | FY 2020-21 to FY 2022-23in the company report |
|---|---|---|
| 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, and every line for FY 2020-21 to FY 2022-23, 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.
: available in the company report
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
Southern Projects India Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities). 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 |
| 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 |
| Laxmi Transmissions Private Limited | ₹14.75 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the companies nearest to Southern Projects India by revenue, above and below it, in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
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
Southern Projects India Private Limited has 32 court cases on record: 2 filed by Southern Projects India, 30 filed against it. 10 cases are pending and 22 are disposed.
Total cases
32
Filed by the company
2
Filed against the company
30
Pending
10
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 28 | 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 Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Chandresh Cables Ltd. - Paresh Parmanand Shah | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd Rep by D Shyam Kumar Reddy | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Yes Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Metals and Metal Electric Pvt Ltd | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Southern Projects India.
: available in the company report
Recent Activity
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
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
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 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 2 current directors:
- Dibbada Hally Eshwarappa Shivakumar - Director
- Veerendra Patil Kumbri - Director
The latest financial statements of Southern Projects India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 March 2025. Year-wise statements from FY 2021 are in the company report.
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 30 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, Megatron Solutions Private Limited, Laxmi Transmissions Private Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
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).
Southern Projects India can be reached through the website southernprojectsindia.com. Its registered office is in Bangalore, Karnataka, India.