- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0139914

About Tugkraft Equipment Private Limited
Data last updated:
Tugkraft Equipment Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29221KA2014PTC075443. Its GSTIN is 29AAFCT0611E1ZP (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.31 Cr. It is led by directors including Vidya Ravikumar and Ravi Kumar Karunakaran.
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. 10 – B II Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.16 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹66,570 (net margin 0.2%) and EBITDA of ₹11.99 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years and 27% over five years.
The company is associated with 1 brand: Tugkraft. As per MCA filings, the company has open charges of ₹2.25 Cr on record.
Tugkraft Equipment Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0139914). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tugkraft.in.
Company details
Recognitions & Rankings of Tugkraft Equipment
Contact details
Tugkraft Equipment Private Limited's registered office is in Bangalore, Karnataka. Its website is tugkraft.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 10 – B II Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Tugkraft Equipment 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
Brands
Tugkraft Equipment operates one associated brand: TUGKRAFT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of airport tugging equipment and solutions focused on aviation ground operations. | tugkraft.com |
Business activity
The main business activity of Tugkraft Equipment is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Tugkraft Equipment Private Limited, buy the company report.
Financials of Tugkraft Equipment Private Limited
FY 2024 filings availableTugkraft Equipment Private Limited reported revenue of ₹4.16 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 80% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.99 Lakh | ||||
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| Net Profit (PAT) | ₹66,570 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Tugkraft Equipment Private Limited, buy the company report.
Board of directors of Tugkraft Equipment Private Limited
Tugkraft Equipment has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidya Ravikumar Also directs: Loadstar Equipment Limited | Director | 30 Aug 2014 | 12 Years 2 Months | Current |
| Ravi Kumar Karunakaran Also directs: Loadstar Equipment Limited, Multitrack Engineering Private Limited, Uniwave Engineers LLP and 1 more | Director | 22 Jul 2014 | 12 Years 3 Months | Current |
| Ambadi Sreedevi Also directs: Loadstar Equipment Limited, Multitrack Engineering Private Limited | Director | 22 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Tugkraft Equipment Private Limited is audited by K N Prabhashankar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N Prabhashankar & Co | FY 2023 | 004982S |
Shareholding
The shareholding of Tugkraft Equipment Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tugkraft Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2025 | 101071610 | State Bank of India | ₹2.25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Tugkraft Equipment 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
Tugkraft Equipment Private Limited has 6 MSME Form 1 returns on record between 2020 and 2022, listing 22 overdue payments to 5 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Vignesh Engineering | |||
| an individual supplier |
To see the full MSME payment records of Tugkraft Equipment Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Tugkraft Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT0611E1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tugkraft Equipment Private Limited, buy the company report.
Recent activity
Tugkraft Equipment Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Vidya Ravikumar was appointed as Director on 30 Aug 2014.
Frequently asked questions
Tugkraft Equipment is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 22 July 2014 (12+ years old) and is registered under CIN U29221KA2014PTC075443.
Tugkraft Equipment has 3 current directors:
- Vidya Ravikumar - Director
- Ravi Kumar Karunakaran - Director
- Ambadi Sreedevi - Director
The latest financial statements of Tugkraft Equipment 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 Tugkraft Equipment is 29AAFCT0611E1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Tugkraft Equipment is U29221KA2014PTC075443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tugkraft Equipment was incorporated on 22 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Vidya Ravikumar was appointed as Director on 30 Aug 2014. Ravi Kumar Karunakaran ceased to be Director on 23 Aug 2014. Ambadi Sreedevi was appointed as Director on 22 Jul 2014. Tugkraft Equipment has 4 board changes on record in total.
Yes, Tugkraft Equipment is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0139914).
Tugkraft Equipment has 6 MSME Form 1 returns on record between 2020 and 2022, listing 22 overdue payments to 5 micro and small suppliers. The latest return was filed on 26 Oct 2022.
Tugkraft Equipment can be reached through the website tugkraft.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Tugkraft Equipment is at No. 10 – B II Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.

