Srivari Precision Private Limited
About Srivari Precision Private Limited
Data last updated:
Srivari Precision Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 04 August 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33111KA1989PTC010289. Its GSTIN is 33AACCS5016R1Z4 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90.38 Lakh. It is led by directors including Jayanthi and Revathy Raaghavalu Veerasamy.
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.65 29th A Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.09 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹26.07 Lakh (net margin 12.4%) and EBITDA of ₹39.04 Lakh (EBITDA margin 18.6%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 13% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5.1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Srivari Precision has one previous CIN (Corporate Identification Number): U51909KA1989PTC010289. The current CIN is U33111KA1989PTC010289, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33111KA1989PTC010289 | Current |
| U51909KA1989PTC010289 | Previous |
Contact details
Srivari Precision Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.65 29th A Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Srivari Precision Private Limited, buy the company report.
- 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
Business activity
The main business activity of Srivari Precision is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Srivari Precision Private Limited, buy the company report.
Financials of Srivari Precision Private Limited
FY 2024 filings availableSrivari Precision Private Limited reported revenue of ₹2.09 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 11% fall in the latest year. EBITDA rose 897% 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 | ₹39.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.07 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 | 18.6% | ||||
| Net Profit Margin | 12.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Srivari Precision Private Limited, buy the company report.
Board of directors of Srivari Precision Private Limited
Srivari Precision has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanthi | Director | 14 Aug 1989 | 37 Years 3 Months | Current |
| Revathy Raaghavalu Veerasamy | Director | 28 Sep 2012 | 14 Years 1 Months | Current |
| Raghavalu Veera Archana | Director | 20 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Srivari Precision Private Limited is audited by RAMRAJ & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMRAJ & CO | FY 2022 | 002839S |
Shareholding
The shareholding of Srivari Precision Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Srivari Precision Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2002 | 90189543 | State Bank of India | ₹1.66 Cr | Satisfied | |
| 21 Mar 2000 | 90189501 | State Bank of India | ₹1.44 Cr | Satisfied | |
| 20 Mar 2000 | 90192231 | State Bank of India | ₹67.15 Lakh | Satisfied | |
| 09 Mar 1999 | 90189477 | State Bank of India | ₹55 Lakh | Satisfied | |
| 06 Mar 1999 | 90192031 | State Bank of India | ₹19 Lakh | Satisfied |
To see the full charge records of Srivari Precision Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Srivari Precision Private Limited has 1 court case on record: 1 filed by Srivari Precision. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Petition | Filed by the company against Assistant Director, Esi Corporation and 3 others | Disposed |
To see the full case history of Srivari Precision 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
Srivari Precision Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Innovatech Enviro Systems & Services Private Limited | |||
| Srivari Hi-Tech Industries Private Limited |
To see the full MSME payment records of Srivari Precision Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Srivari Precision Private Limited has a workforce of 13 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 13 |
| 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 Srivari Precision Private Limited, buy the company report.
GST
Srivari Precision has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCS5016R1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Srivari Precision Private Limited, buy the company report.
Recent activity
Srivari Precision Private Limited has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Raghavalu Veeraswamy Veera ceased to be Managing Director on 21 Feb 2020.
16 earlier events are in the company report.
Frequently asked questions
Srivari Precision is an active private limited company based in Bangalore, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 04 August 1989 (37+ years old) and is registered under CIN U33111KA1989PTC010289.
Srivari Precision has 3 current directors:
- Jayanthi - Director
- Revathy Raaghavalu Veerasamy - Director
- Raghavalu Veera Archana - Director
The latest financial statements of Srivari Precision 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 Srivari Precision is 33AACCS5016R1Z4, registered in Tamil Nadu. 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 Srivari Precision is U33111KA1989PTC010289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srivari Precision has 1 court case on record: 1 filed by the company.
Srivari Precision was incorporated on 04 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
Raghavalu Veeraswamy Veera ceased to be Managing Director on 21 Feb 2020. Raghavalu Veera Archana ceased to be Additional Director on 06 Feb 2016. Raghavalu Veera Archana was appointed as Director on 20 Feb 2013. Srivari Precision has 5 board changes on record in total.
Srivari Precision has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 May 2019.
The registered office of Srivari Precision is at No.65 29th A Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
Srivari Precision operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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