MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0027315
SRC Marketing Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.51 Cr
▲ 17% YoY
Net profit · FY 2024
₹20.27 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹48.39 Lakh
EBITDA margin 7.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.05 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
53 yrs
Est. 1973
Directors on board
3
As per MCA filings
About SRC Marketing Private Limited
Data last updated:
SRC Marketing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 28 November 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29222KA1973PTC002453. Its GSTIN is 29AABCM5206A1ZZ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.05 Lakh. It is led by directors including Channabasavaradhya Ravindra and Raudraiah Siddabasavaradhya Channabasavaradhya.
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 #26 Sri Gowri Linga Nilayar.R. Road Chamarajpet Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.51 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹20.27 Lakh (net margin 3.1%) and EBITDA of ₹48.39 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 13% over five years.
The company is associated with 1 brand: SRC Marketing Pvt Ltd. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
SRC Marketing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0027315). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website srcmarketing.co.in.
Company details
CIN U29222KA1973PTC002453
Registration Number 002453
Incorporation Date 28 November 1973
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 Micro
Udyam Registration UDYAM-KR-03-0027315
Key People
Channabasavaradhya Ravindra Director Raudraiah Siddabasavaradhya Channabasavaradhya Director Channabasavaradhya Swarnalatha Director Recognitions & Rankings of SRC Marketing
Contact details
SRC Marketing Private Limited's registered office is in Bangalore, Karnataka. Its website is srcmarketing.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#26 Sri Gowri Linga Nilayar.R. Road Chamarajpet Bangalore, Karnataka, India – 560018
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of SRC Marketing Private Limited, buy the company report.
Comprehensive company report
SRC Marketing 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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Brands
SRC Marketing operates one associated brand: SRC Marketing Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dealing in electric motors and pumps in Bangalore. | srcmarketing.co.in |
Business activity
The main business activity of SRC Marketing is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of SRC Marketing Private Limited, buy the company report.
Financials of SRC Marketing Private Limited
FY 2025 filings availableSRC Marketing Private Limited reported revenue of ₹6.51 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹6.51 Cr ▲ 17%
Net profit · FY 2024
₹20.27 Lakh margin 3.1%
EBITDA · FY 2024
₹48.39 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 19%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 2%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 17% growth in the latest year. EBITDA fell 3% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹48.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.27 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SRC Marketing Private Limited, buy the company report.
Board of directors of SRC Marketing Private Limited
SRC Marketing has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Channabasavaradhya Ravindra | Director | 01 Apr 1999 | 27 Years 6 Months | Current |
| Raudraiah Siddabasavaradhya Channabasavaradhya Also directs: Asiatic Foundries Private Limited | Director | 10 Sep 1997 | 29 Years 1 Months | Current |
| Channabasavaradhya Swarnalatha | Director | 02 Feb 2004 | 22 Years 8 Months | Current |
Peer comparison
SRC Marketing Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Electronic Goods), with the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mobixa Globetech Private Limited | ₹6.8 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Microware Multimedia Private Limited | ₹6.54 Cr (FY 2024) | 23.0% | Mumbai, Maharashtra, India | |||
| SRC Marketing Private Limitedthis company | ₹6.51 Cr (FY 2024) | ₹20.27 Lakh | 3.1% | 17.0% | Bangalore, Karnataka, India | |
| Freezer Bazaar Private Limited | ₹6.47 Cr (FY 2025) | 562.0% | New Delhi, Delhi, India |
To see the full peer comparison of SRC Marketing Private Limited, buy the company report.
Auditor
SRC Marketing Private Limited is audited by B R V Goud & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R V Goud & Co. | FY 2023 | 000992S |
Shareholding
The shareholding of SRC Marketing 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 SRC Marketing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2023 | 100687631 | Others | ₹50 Lakh | Open | |
| 04 Feb 2006 | 90372605 | State Bank of Mysore | ₹1 Cr | Open |
To see the full charge records of SRC Marketing Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving SRC Marketing Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SRC Marketing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SRC Marketing has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM5206A1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SRC Marketing Private Limited, buy the company report.
Recent activity
SRC Marketing Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Channabasavaradhya Swarnalatha was appointed as Director on 02 Feb 2004.
AGM
Src Marketing Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Src Marketing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100687631 was registered on 22 Feb 2023.
Charges
A charge with State Bank Of Mysore of Rs. 100.00 Lakh registered on 04 Feb 2006 with Charge ID 90372605 was modified on 12 Feb 2013.
Charges
A charge with State Bank Of Mysore amounted to Rs. 100.00 Lakh with Charge ID 90372605 was registered on 04 Feb 2006.
Appointed
Channabasavaradhya Swarnalatha was appointed as Director.
Appointed
Channabasavaradhya Ravindra was appointed as Director.
Appointed
Raudraiah Siddabasavaradhya Channabasavaradhya was appointed as Director.
Incorporation
28 Nov 1973
Src Marketing Private Limited was registered on 28 Nov 1973 with Roc Bangalore & aged 52 years 10 months as per MCA records.
Frequently asked questions
SRC Marketing is an active private limited company based in Bangalore, Karnataka, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 28 November 1973 (53+ years old) and is registered under CIN U29222KA1973PTC002453.
SRC Marketing has 3 current directors:
- Channabasavaradhya Ravindra - Director
- Raudraiah Siddabasavaradhya Channabasavaradhya - Director
- Channabasavaradhya Swarnalatha - Director
The latest financial statements of SRC Marketing 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 SRC Marketing is 29AABCM5206A1ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of SRC Marketing is U29222KA1973PTC002453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SRC Marketing was incorporated on 28 November 1973, making it 53+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of SRC Marketing by revenue are Mobixa Globetech Private Limited, Microware Multimedia Private Limited, Freezer Bazaar Private Limited, all in the Ecommerce and Internet industry (Electronic Goods), with the same principal business activity (retail trade, except of motor vehicles and motorcycles).
Channabasavaradhya Swarnalatha was appointed as Director on 02 Feb 2004. Channabasavaradhya Ravindra was appointed as Director on 01 Apr 1999. Raudraiah Siddabasavaradhya Channabasavaradhya was appointed as Director on 10 Sep 1997.
Yes, SRC Marketing is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0027315).
SRC Marketing can be reached through the website srcmarketing.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of SRC Marketing is at #26 Sri Gowri Linga Nilayar.R. Road Chamarajpet Bangalore, Karnataka, India – 560018.