About Starrag India Private Limited
Data last updated:
Starrag India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Starrag Group Holding Ag. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 30 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29220KA2008PTC048140. Its GSTIN is 29AAMCS5522J1ZW (Karnataka).
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹84.84 Cr. It was formerly known as Starragheckert Machine Tools Private Limited. It is led by directors Kishore S Kumar (Managing Director) and Kameshwar Nath Rai.
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.66 KIADB Bengaluru Aerospace Park Singahalli Village Budigere Po Bangalore, North Tk, Karnataka, India – 562129.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.32 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.52 Cr (net margin 15.8%) and EBITDA of ₹7.26 Cr (EBITDA margin 32.5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 1% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Starrag.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starrag.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.66 KIADB Bengaluru Aerospace Park Singahalli Village Budigere Po Bangalore, North Tk, Karnataka, India – 562129
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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
Business Activity of Starrag India Private Limited
The main business activities of Starrag India are manufacturing, trade and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, retail trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| G | Trade | G2 | Retail Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Starrag India Private Limited FY 2024 filings available
Starrag India Private Limited reported revenue of ₹22.32 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Starrag India Private Limited
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 34% 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 Starrag India Private Limited
| 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 | ₹7.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.52 Cr | •••• | •••• | •••• | •••• |
| 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 Starrag India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.8% | •••• | •••• | •••• | •••• |
| 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 Starrag India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Starrag India Private Limited
Starrag India Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services, Machine Tools). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zoller India Private Limited | •••• | •••• | •••• | •••• | 37 | Akurdi Taluka Haveli, Maharashtra, India |
| 247Hire India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| SGX FX Systems India Private Limited | •••• | •••• | •••• | •••• | 56 | Pune, Maharashtra, India |
| Super Hobs and Broaches Private Limited | •••• | •••• | •••• | •••• | - | Punjab, India |
| Navyug Global Ventures Private Limited | •••• | •••• | •••• | •••• | 15 | Perambur Purasawalkam, Tamil Nadu, India |
| Starrag India Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ult Support Services India Private Limited | •••• | •••• | •••• | •••• | 49 | Mumbai, Maharashtra, India |
| Khurana Carbides Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Manya Education Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Tatvik Buildcon Private Limited | •••• | •••• | •••• | •••• | - | Dindori, Maharashtra, India |
| Hirohama India Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Starrag India by revenue in the Business Services industry (Business Auxiliary Services, Machine Tools), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Starrag India Private Limited
Starrag India Private Limited is audited by Varma and Varma for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Varma and Varma | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Starrag India Private Limited
Starrag India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kameshwar Nath Rai | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Kishore S Kumar | Managing Director | 26 Sep 2017 | 9 Years 0 Months | Current |
Ownership and Shareholding of Starrag India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Starrag India Private Limited
Starrag India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Starrag India Private Limited
Starrag India operates one associated brand: Starrag. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-precision CNC machine tools are manufactured and services provided. | starrag.com |
Employees and EPFO Compliance at Starrag India Private Limited
Starrag India Private Limited has a workforce of 26 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Starrag India Private Limited
Recent Activity on Starrag India Private Limited
Starrag India Private Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Christian Kurtenbach ceased to be Additional Director on 29 Sep 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Starrag India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Starrag India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Starrag India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Starrag India Private Limited
Starrag India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCS5522J1ZW | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Starrag India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Starrag India Private Limited
Starrag India is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 30 October 2008 (18+ years old) and is registered under CIN U29220KA2008PTC048140.
Starrag India reported revenue of ₹22.32 Cr for FY 2025 (up 14% YoY).
Starrag India has 2 current directors:
- Kishore S Kumar - Managing Director
- Kameshwar Nath Rai - Director
Starrag India reported a net profit of ₹3.52 Cr (net margin 15.8%) and EBITDA of ₹7.26 Cr (EBITDA margin 32.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Starrag India is 20% over three years and -1% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Starrag India is 29AAMCS5522J1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Starrag India is U29220KA2008PTC048140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starrag India was incorporated on 30 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Starrag India by revenue are Zoller India Private Limited, 247Hire India Private Limited, SGX FX Systems India Private Limited, Super Hobs and Broaches Private Limited, Navyug Global Ventures Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services, Machine Tools).
Christian Kurtenbach ceased to be Additional Director on 29 Sep 2024. Christian Kurtenbach was appointed as Additional Director on 27 Mar 2024. Christian Peter Walti ceased to be Director on 31 Dec 2022. Starrag India has 11 board changes on record in total.
Starrag India can be reached through the website starrag.com. Its registered office is in Bangalore, Karnataka, India.