Step Electronics Private Limited
About Step Electronics Private Limited
Data last updated:
Step Electronics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 01 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1990PTC011106. Its GSTIN is 29AACCS5069A1ZF (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sarala Kannaji and Janardhana Vittalrao Kshirsagar.
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 No.8B Siddhivinayaka 2nd Phase 2nd Block Nagharbhavi Ring Road, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.7 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.11 Lakh (net margin 5.4%) and EBITDA of ₹4.9 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.8B Siddhivinayaka 2nd Phase 2nd Block Nagharbhavi Ring Road, Bangalore, Karnataka, India – 560072
- IndustryTrading, Other Wholesale, Wholesale
- 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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Business Activity of Step Electronics Private Limited
The main business activity of Step Electronics is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Step Electronics Private Limited FY 2025 filings available
Step Electronics Private Limited reported revenue of ₹75.7 Lakh (up 710% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Step Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 710% growth in the latest year. EBITDA rose 150% 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 Step Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.11 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 Step Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 Step Electronics 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 Step Electronics Private Limited
Step Electronics Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Datawares Private Limited | ₹76.25 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Kanpur, Uttar Pradesh, India |
| Magictel Solutions Private Limited | ₹76.23 Lakh (FY 2024) | •••• | •••• | 52.0% | •••• | New Delhi, Delhi, India |
| Extralink Systems Private Limited | ₹75.86 Lakh (FY 2025) | •••• | •••• | 99.0% | •••• | Indore, Madhya Pradesh, India |
| Mecspert Systems Private Limited | ₹75.83 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Sunsaanvi Solutions Private Limited | ₹75.71 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Step Electronics Private Limited this company | ₹75.7 Lakh (FY 2024) | •••• | •••• | 710.0% | •••• | Bangalore, Karnataka, India |
| Rilbong Traders Private Limited | ₹75.41 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | Kolkata, West Bengal, India |
| Madhuraj Marketing & Technologies Private Limited | ₹75.28 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Patna, Bihar, India |
| Indipoll Cominfra Private Limited | ₹75.03 Lakh (FY 2024) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| ZH India Software Solutions Private Limited | ₹74.91 Lakh (FY 2025) | •••• | •••• | 100.0% | •••• | Pune, Maharashtra, India |
| Hallmark Infosystem Private Limited | ₹74.9 Lakh (FY 2016) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Step Electronics by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 Step Electronics Private Limited
Step Electronics Private Limited is audited by Venkatesha M for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Venkatesha M | 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 Step Electronics Private Limited
Step Electronics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarala Kannaji | Director | 01 Jan 1994 | 32 Years 9 Months | Current |
| Janardhana Vittalrao Kshirsagar Also directs: Renkube Private Limited | Director | 31 Dec 1992 | 33 Years 9 Months | Current |
Ownership and Shareholding of Step Electronics 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 Step Electronics Private Limited
Step Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Step Electronics Private Limited
Employment history and EPFO contributions of people linked to Step Electronics.
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.
Recent Activity on Step Electronics Private Limited
Step Electronics Private Limited has 2 board changes on record since 1992: 2 appointments. The latest: Sarala Kannaji was appointed as Director on 01 Jan 1994.
Credit Ratings, Litigation & Regulatory Alerts for Step Electronics 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 Step Electronics 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 Step Electronics 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 Step Electronics Private Limited
Step Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS5069A1ZF | 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 Step Electronics 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 Step Electronics Private Limited
Step Electronics is an active private limited company based in Bangalore, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 01 August 1990 (36+ years old) and is registered under CIN U31909KA1990PTC011106.
Step Electronics reported revenue of ₹75.7 Lakh for FY 2024 (up 710% YoY).
Step Electronics has 2 current directors:
- Sarala Kannaji - Director
- Janardhana Vittalrao Kshirsagar - Director
Step Electronics reported a net profit of ₹4.11 Lakh (net margin 5.4%) and EBITDA of ₹4.9 Lakh (EBITDA margin 6.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Step Electronics is 62% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 710%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Step Electronics is 29AACCS5069A1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Step Electronics is U31909KA1990PTC011106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Step Electronics was incorporated on 01 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Step Electronics by revenue are Shree Datawares Private Limited, Magictel Solutions Private Limited, Extralink Systems Private Limited, Mecspert Systems Private Limited, Sunsaanvi Solutions Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Sarala Kannaji was appointed as Director on 01 Jan 1994. Janardhana Vittalrao Kshirsagar was appointed as Director on 31 Dec 1992.
The registered office of Step Electronics is at No.8B Siddhivinayaka 2nd Phase 2nd Block Nagharbhavi Ring Road, Bangalore, Karnataka, India – 560072.