MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0015888
Synergy Power Controls Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹17.16 Lakh
▲ 3% YoY
Net loss · FY 2023
₹11.76 Lakh
Net margin -68.5%
EBITDA · FY 2023
-₹3.98 Lakh
EBITDA margin -23.2%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
5
Provident fund records
About Synergy Power Controls Private Limited
Data last updated:
Synergy Power Controls Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31401KA2011PTC058770. Its GSTIN is 29AAPCS8399N1ZW (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Thimmaiah Kundira Aiyappa and Kundira Thimmaiah Praamoth Nithin.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.16 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹11.76 Lakh (net margin -68.5%) and EBITDA of -₹3.98 Lakh (EBITDA margin -23.2%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 40% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.1 Cr on record.
Synergy Power Controls Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0015888). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synergypowercontrols.com.
Company details
CIN U31401KA2011PTC058770
Registration Number 058770
Incorporation Date 23 May 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0015888
Recognitions & Rankings of Synergy Power Controls
Contact details
Synergy Power Controls Private Limited's registered office is in Bangalore, Karnataka. Its website is synergypowercontrols.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No3&4 No.11/3 Sadashiviah Industrial Estate Lakshmipura Main Road Abbigere Chikkaban, Avara Post, Bangalore, Karnataka, India – 560090
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Synergy Power Controls Private Limited, buy the company report.
Comprehensive company report
Synergy Power Controls 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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Business activity
The main business activity of Synergy Power Controls is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Synergy Power Controls Private Limited, buy the company report.
Financials of Synergy Power Controls Private Limited
FY 2023 filings availableSynergy Power Controls Private Limited reported revenue of ₹17.16 Lakh (up 3% YoY) for FY 2023.
Revenue · FY 2023
₹17.16 Lakh ▲ 3%
Net loss · FY 2023
₹11.76 Lakh margin -68.5%
EBITDA · FY 2023
-₹3.98 Lakh margin -23.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 58%
5 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▼ 32%
5 years · compounded
▲ 12%
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. EBITDA rose 76% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.16 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.76 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.2% | ||||
| Net Profit Margin | -68.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Synergy Power Controls Private Limited, buy the company report.
Board of directors of Synergy Power Controls Private Limited
Synergy Power Controls has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kundira Thimmaiah Praamoth Nithin | Additional Director | 22 May 2024 | 2 Years 5 Months | Current |
| Thimmaiah Kundira Aiyappa | Director | 23 May 2011 | 15 Years 5 Months | Current |
Auditor
Synergy Power Controls Private Limited is audited by Suresh Muthukrishnan & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Muthukrishnan & Co LLP | FY 2023 | S000047 |
Shareholding
The shareholding of Synergy Power Controls 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synergy Power Controls Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2020 | 100376933 | Others | ₹12.2 Lakh | Open | |
| 12 Nov 2016 | 100075254 | Bank of India | ₹13 Lakh | Open | |
| 09 Nov 2011 | 10320065 | Bank of India | ₹85 Lakh | Open |
To see the full charge records of Synergy Power Controls Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Synergy Power Controls 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 Synergy Power Controls Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Synergy Power Controls Private Limited has a workforce of 5 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-37.5%
GST
Synergy Power Controls has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCS8399N1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Synergy Power Controls Private Limited, buy the company report.
Recent activity
Synergy Power Controls Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Kundira Thimmaiah Praamoth Nithin was appointed as Additional Director on 22 May 2024.
Appointed
Kundira Thimmaiah Praamoth Nithin was appointed as Additional Director.
AGM
Synergy Power Controls Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Synergy Power Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 12.20 Lakh with Charge ID 100376933 was registered on 06 Jun 2020.
Ceased
Vanaja Kundira Thimmaiah ceased to be Additional Director.
Ceased
Chand Basha ceased to be Director.
Ceased
Mysore Hemachandra Reddy ceased to be Director.
Ceased
Nagaraju Siddappa ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 13.00 Lakh with Charge ID 100075254 was registered on 12 Nov 2016.
Charges
A charge with Bank Of India of Rs. 85.00 Lakh registered on 09 Nov 2011 with Charge ID 10320065 was modified on 31 Aug 2012.
Charges
A charge with Bank Of India amounted to Rs. 85.00 Lakh with Charge ID 10320065 was registered on 09 Nov 2011.
Appointed
Thimmaiah Kundira Aiyappa was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Synergy Power Controls is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 May 2011 (15+ years old) and is registered under CIN U31401KA2011PTC058770.
Synergy Power Controls has 2 current directors:
- Kundira Thimmaiah Praamoth Nithin - Additional Director
- Thimmaiah Kundira Aiyappa - Director
The latest financial statements of Synergy Power Controls on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Synergy Power Controls is 29AAPCS8399N1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Synergy Power Controls is U31401KA2011PTC058770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergy Power Controls was incorporated on 23 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Kundira Thimmaiah Praamoth Nithin was appointed as Additional Director on 22 May 2024. Vanaja Kundira Thimmaiah ceased to be Additional Director on 28 Sep 2018. Chand Basha ceased to be Director on 08 Mar 2018. Synergy Power Controls has 6 board changes on record in total.
Yes, Synergy Power Controls is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0015888).
Synergy Power Controls can be reached through the website synergypowercontrols.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Synergy Power Controls is at Shed No3&4 No.113 Sadashiviah Industrial Estate Lakshmipura Main Road Abbigere Chikkaban, Avara Post, Bangalore, Karnataka, India – 560090.
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