Triveni Hi-Tech Private Limited

Triveni Hi-Tech Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA1996PTC020645 Incorporated 14 June 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2024
₹29.11 Cr
▲ 6% YoY
Net profit · FY 2024
₹6.05 Cr
Net margin 20.8%
EBITDA · FY 2024
₹8.39 Cr
EBITDA margin 28.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.69 Cr
Issued & subscribed
Satisfied charges
₹8.6 Cr
No open charges
Company age
30 yrs
Est. 1996
Employees · EPFO
34
Provident fund records

About Triveni Hi-Tech Private Limited

Data last updated:

Triveni Hi-Tech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 14 June 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1996PTC020645. Its GSTIN is 29AABCT2102L1ZG (Karnataka).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.69 Cr. It is led by directors including Satheeshkumar Kuruppath (Managing Director) and Shivakumar Nanjundappa Malleshanna (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. B – 169 4th Cross 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.

As per the financials filed for FY 2024, the company reported a revenue of ₹29.11 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.05 Cr (net margin 20.8%) and EBITDA of ₹8.39 Cr (EBITDA margin 28.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 8% over five years.

The company has about 34 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Triveni Hi-Tech. As per MCA filings, the company has satisfied charges of ₹8.6 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30.8 Lakh; the latest was in September 2020. Its 10 peer companies in the Aviation industry (Aircraft and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Meggitt India Private Limited with revenue of ₹36.95 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 19 overdue payments to 3 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trivenihitech.com.

Company Details of Triveni Hi-Tech Private Limited
CIN U72200KA1996PTC020645
Registration Number 020645
Incorporation Date 14 June 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No. B – 169 4th Cross 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
  • Industry
    Transport and Logistics, Aircraft & Component Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Triveni Hi-Tech Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Triveni Hi-Tech Private Limited

The main business activity of Triveni Hi-Tech is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Triveni Hi-Tech Private Limited FY 2024 filings available

Triveni Hi-Tech Private Limited reported revenue of ₹29.11 Cr (up 6% YoY) for FY 2024.

Revenue · FY 2024
₹29.11 Cr ▲ 6%
Net profit · FY 2024
₹6.05 Cr margin 20.8%
EBITDA · FY 2024
₹8.39 Cr margin 28.8%

Compounded Annual Growth Rate (CAGR) of Triveni Hi-Tech Private Limited

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 25%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 175%
5 years · compounded
▼ 11%

Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 17% 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 Triveni Hi-Tech Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹8.39 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹6.05 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 Triveni Hi-Tech Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin28.8%••••••••••••••••
Net Profit Margin20.8%••••••••••••••••
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 Triveni Hi-Tech are in the company report.

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Financial statements from 2015

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Peer Comparison of Triveni Hi-Tech Private Limited

Triveni Hi-Tech Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Aircraft and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Meggitt India Private Limited₹36.95 Cr (FY 2025)••••••••-29.0%••••North Bangalore, Karnataka, India
Karnataka Hybrid Micro Devices Limited.₹33.67 Cr (FY 2025)••••••••0.0%••••Bangalore, Karnataka, India
Jayasuriya Aero Private Limited₹32.28 Cr (FY 2025)••••••••80.0%••••Chennai, Tamil Nadu, India
Skyroot Aerospace Private Limited₹31.99 Cr (FY 2025)••••••••10.0%••••Hyderabad, Telangana, India
Midas Microtech Engineering Private Limited₹30.87 Cr (FY 2024)••••••••2.0%••••Vasai East Palghar, Maharashtra, India
Triveni Hi-Tech Private Limited this company₹29.11 Cr (FY 2024)••••••••6.0%••••Bangalore, Karnataka, India
Orluck Aerospace Private Limited₹28.13 Cr (FY 2024)••••••••61.0%••••Bangalore, Karnataka, India
Vita Technology Private Limited₹27.52 Cr (FY 2025)••••••••-8.0%••••Bangalore, Karnataka, India
Igniting Minds Aerospace Private Limited₹26.88 Cr (FY 2025)••••••••123.0%••••Bangalore, Karnataka, India
Prakhar Aviation Technology Private Limited₹26.75 Cr (FY 2025)••••••••1154.0%••••Indore, Madhya Pradesh, India
Drone Destination Limited₹25.74 Cr (FY 2025)••••••••-21.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Triveni Hi-Tech by revenue in the Aviation industry (Aircraft and Components Manufacturing), 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 Triveni Hi-Tech Private Limited

Triveni Hi-Tech Private Limited is audited by ABS & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
ABS & COLockedLockedLocked
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Board of Directors of Triveni Hi-Tech Private Limited

Triveni Hi-Tech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Satheeshkumar KuruppathManaging Director14 Jun 199630 Years 3 MonthsCurrent
Shivakumar Nanjundappa MalleshannaWhole-Time Director14 Jun 199630 Years 3 MonthsCurrent
Uday SatheeshDirector03 Feb 201610 Years 8 MonthsCurrent

Ownership and Shareholding of Triveni Hi-Tech Private Limited

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Charges & Borrowings of Triveni Hi-Tech Private Limited

Open charges
None
Satisfied charges
₹8.6 Cr
Breakdown by lending institutions
State Bank of Mysore₹4.64 Cr
The Karnataka Bank Limited₹1.40 Cr
Small Industries Development Bank of Inida₹0.95 Cr
Small Industrial Development Bank of India₹0.91 Cr
The Karnataka Bank Ltd.₹0.70 Cr
Latest charge details
DateLenderAmountStatus
12 Feb 2014State Bank of Mysore₹1.28 CrSatisfied
31 Dec 2013State Bank of Mysore₹59.95 LakhSatisfied
18 Sep 2010Small Industrial Development Bank of India₹41 LakhSatisfied
08 Mar 2010Small Industrial Development Bank of India₹50 LakhSatisfied
22 Jun 2007State Bank of Mysore₹2.76 CrSatisfied

Total charge records: 11 View all charges

Deals & Funding of Triveni Hi-Tech Private Limited

Triveni Hi-Tech Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30.8 Lakh; the latest was in September 2020.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹30.8 Lakh

Deals on record (3 of 3)

WhenDealAmountParties
Sep 2020Secondary share transferUndisclosedSeller: 2 individuals
Mar 2017Secondary share transferUndisclosedSeller: 2 individuals
Mar 2006Funding round₹30.8 LakhInvestors: 2 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Triveni Hi-Tech Private Limited

Triveni Hi-Tech Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 19 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
S.L.N. Industries••••••••••••
Aerotech Systems••••••••••••
Vijaya Metal Finishers••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Triveni Hi-Tech Private Limited

Triveni Hi-Tech operates one associated brand: Triveni Hi-Tech. Each brand links to its own profile.

BrandDescriptionWebsite
Aerospace components are manufactured by Triveni Hi-Tech in India.trivenihitech.com

Employees and EPFO Compliance at Triveni Hi-Tech Private Limited

Triveni Hi-Tech Private Limited has a workforce of 34 employees as of Apr 09, 2024.

Employee count
34
Active EPFO establishments
1
Employee growth
-2.86%
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News related to Triveni Hi-Tech Private Limited

Recent Activity on Triveni Hi-Tech Private Limited

Triveni Hi-Tech Private Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Uday Satheesh ceased to be Additional Director on 21 Sep 2016.

AGM
Triveni Hi-Tech Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.
Filing
Triveni Hi-Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 31 Dec 2013 via Charge ID 10474294 with State Bank Of Mysore was fully satisfied on 11 Jan 2017.
Ceased
Uday Satheesh ceased to be Additional Director.
Appointed
Uday Satheesh was appointed as Director.
Charges
A charge registered on 18 Sep 2010 via Charge ID 10243841 with Small Industrial Development Bank Of India was fully satisfied on 05 Nov 2015.
Charges
A charge registered on 08 Mar 2010 via Charge ID 10207486 with Small Industrial Development Bank Of India was fully satisfied on 28 Jul 2015.
Charges
A charge registered on 31 Mar 2006 via Charge ID 80067313 with Small Industries Development Bank Of Inida was fully satisfied on 28 Jul 2015.
Charges
A charge registered on 12 Feb 2014 via Charge ID 10478553 with State Bank Of Mysore was fully satisfied on 01 Jul 2014.
Charges
A charge registered on 23 Feb 2006 via Charge ID 80067426 with The Karnataka Bank Limited was fully satisfied on 23 May 2014.
Charges
A charge registered on 12 May 2005 via Charge ID 80067423 with The Karnataka Bank Limited was fully satisfied on 23 May 2014.
Charges
A charge registered on 22 Mar 2004 via Charge ID 80067424 with The Karnataka Bank Limited was fully satisfied on 23 May 2014.

17 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Triveni Hi-Tech Private Limited

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Subsidiaries & Group Companies of Triveni Hi-Tech Private Limited

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GST Compliance of Triveni Hi-Tech Private Limited

Triveni Hi-Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCT2102L1ZGKarnatakaActive01 Jul 2017
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MCA Filings & Documents of Triveni Hi-Tech Private Limited

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Frequently Asked Questions about Triveni Hi-Tech Private Limited

Triveni Hi-Tech is an active private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 14 June 1996 (30+ years old) and is registered under CIN U72200KA1996PTC020645.

Triveni Hi-Tech reported revenue of ₹29.11 Cr for FY 2024 (up 6% YoY).

Triveni Hi-Tech has 3 current directors:

Triveni Hi-Tech reported a net profit of ₹6.05 Cr (net margin 20.8%) and EBITDA of ₹8.39 Cr (EBITDA margin 28.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Triveni Hi-Tech is 25% over three years and -8% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Triveni Hi-Tech is 29AABCT2102L1ZG, registered in Karnataka.

The CIN (Corporate Identification Number) of Triveni Hi-Tech is U72200KA1996PTC020645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Triveni Hi-Tech has 1 court case on record: 1 filed against it.

Triveni Hi-Tech was incorporated on 14 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.

Triveni Hi-Tech has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30.8 Lakh; the latest was in September 2020.

The peers of Triveni Hi-Tech by revenue are Meggitt India Private Limited, Karnataka Hybrid Micro Devices Limited, Jayasuriya Aero Private Limited, Skyroot Aerospace Private Limited, Midas Microtech Engineering Private Limited and 5 more, all in the Aviation industry (Aircraft and Components Manufacturing).

Uday Satheesh ceased to be Additional Director on 21 Sep 2016. Uday Satheesh was appointed as Director on 03 Feb 2016. Satheeshkumar Kuruppath was appointed as Managing Director on 14 Jun 1996. Triveni Hi-Tech has 4 board changes on record in total.

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