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Ucore Connectronics Private Limited - information technology in Dharwad, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.61 Lakh
▼ 90% YoY
Net loss · FY 2023
₹4.14 Lakh
Net margin -158.4%
EBITDA · FY 2023
-₹2.08 Lakh
EBITDA margin -79.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.88 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
11
Provident fund records
Directors on board
2
As per MCA filings
About Ucore Connectronics Private Limited
Data last updated:
Ucore Connectronics Private Limited is a private limited company based in Dharwad, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 06 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC112045. Its GSTIN is 29AACCU2309M1Z3 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.88 Lakh. It is led by directors Veeresh and Hanumesh Dhruva Padasalagi.
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 First Floor Plot No 148 3rd Road Belur 1A, Dharwad, Karnataka, India – 580011.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.61 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹4.14 Lakh (net margin -158.4%) and EBITDA of -₹2.08 Lakh (EBITDA margin -79.5%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: UCore Connectronics.
For more details, the company can be reached via its website ucoreconnectronics.com.
Company details
CIN U74999KA2018PTC112045
Registration Number 112045
Incorporation Date 06 April 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Ucore Connectronics
Contact details
Ucore Connectronics Private Limited's registered office is in Dharwad, Karnataka. Its website is ucoreconnectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFirst Floor Plot No 148 3rd Road Belur 1A, Dharwad, Karnataka, India – 580011
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Ucore Connectronics Private Limited, buy the company report.
Comprehensive company report
Ucore Connectronics 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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Brands
Ucore Connectronics operates one associated brand: UCore Connectronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Connector supply and electronic components services in India. | ucoreconnectronics.com |
Business activity
The main business activity of Ucore Connectronics is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ucore Connectronics Private Limited, buy the company report.
Financials of Ucore Connectronics Private Limited
FY 2023 filings availableUcore Connectronics Private Limited reported revenue of ₹2.61 Lakh (down 90% YoY) for FY 2023.
Revenue · FY 2023
₹2.61 Lakh ▼ 90%
Net loss · FY 2023
₹4.14 Lakh margin -158.4%
EBITDA · FY 2023
-₹2.08 Lakh margin -79.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 68%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▼ 55%
Revenue has declined at a compounded annual rate (CAGR) of 68% over three years, including a 90% fall in the latest year. EBITDA rose 65% 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 |
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| EBITDA | -₹2.08 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹4.14 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -79.5% | ||||
| Net Profit Margin | -158.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ucore Connectronics Private Limited, buy the company report.
Board of directors of Ucore Connectronics Private Limited
Ucore Connectronics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veeresh | Additional Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Hanumesh Dhruva Padasalagi | Additional Director | 01 Aug 2022 | 4 Years 3 Months | Current |
Auditor
Ucore Connectronics Private Limited is audited by JAISON GEORGE & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAISON GEORGE & ASSOCIATES | FY 2019 | 020978S |
Shareholding
The shareholding of Ucore Connectronics Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ucore Connectronics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ucore Connectronics 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 Ucore Connectronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ucore Connectronics Private Limited has a workforce of 11 employees on its EPFO records as of Sep 2020, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
83.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 11 |
| FY 2019-20 |
To see the full employee and EPFO history of Ucore Connectronics Private Limited, buy the company report.
GST
Ucore Connectronics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCU2309M1Z3 | Karnataka | Active | 23 May 2018 |
To see the full GST registrations and return filing status of Ucore Connectronics Private Limited, buy the company report.
Recent activity
Ucore Connectronics Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Ajith Punnanikkattu Sasidharan ceased to be Director on 08 Aug 2022.
AGM
Ucore Connectronics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ucore Connectronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Ajith Punnanikkattu Sasidharan ceased to be Director.
Ceased
Punit Shridhar Joshi ceased to be Director.
Appointed
Hanumesh Dhruva Padasalagi was appointed as Additional Director.
Appointed
Veeresh was appointed as Additional Director.
Ceased
Shreedhar Joshi Sudha ceased to be Director.
Ceased
Sanjeev Kumar Das ceased to be Additional Director.
Ceased
Basavaraj A Basaligundi Gadigeppa ceased to be Director.
Incorporation
06 Apr 2018
Ucore Connectronics Private Limited was registered on 06 Apr 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.
Frequently asked questions
Ucore Connectronics is an active private limited company based in Dharwad, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 06 April 2018 (8+ years old) and is registered under CIN U74999KA2018PTC112045.
Ucore Connectronics has 2 current directors:
- Veeresh - Additional Director
- Hanumesh Dhruva Padasalagi - Additional Director
The latest financial statements of Ucore Connectronics 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 FY 2019 are in the company report.
The GSTIN of Ucore Connectronics is 29AACCU2309M1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Ucore Connectronics is U74999KA2018PTC112045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ucore Connectronics was incorporated on 06 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Ajith Punnanikkattu Sasidharan ceased to be Director on 08 Aug 2022. Punit Shridhar Joshi ceased to be Director on 08 Aug 2022. Hanumesh Dhruva Padasalagi was appointed as Additional Director on 01 Aug 2022. Ucore Connectronics has 7 board changes on record in total.
Yes, Ucore Connectronics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ucore Connectronics can be reached through the website ucoreconnectronics.com. Its registered office is in Dharwad, Karnataka, India.
The registered office of Ucore Connectronics is at First Floor Plot No 148 3rd Road Belur 1A, Dharwad, Karnataka, India – 580011.
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