Banavathy Power Systems Private Limited logo

Banavathy Power Systems Private Limited

Manufacturer and trader of electrical switch-gear panels, certified with ISO 9001:2008.
1998 | Bangaluru, Karnataka (India) | Active

Last Updated:

October 24, 2024
HomeCompanyBanavathy Power Systems Private Limited

Who are the key members and board of directors at Banavathy Power Systems?

Board Members(3)

NameDesignationAppointment DateStatus
Vyvaswatha Banavathy In Director 10-Dec-2004Current
Banavathy Vinayachandra In Director 04-Dec-2015Current
Ramachandra Bhagwat In Director 25-Aug-2022Current

Financial Performance of Banavathy Power Systems.

Banavathy Power Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.93% increase. The company also saw a substantial improvement in profitability, with a 121.85% increase in profit. The company's net worth Soared by an impressive increase of 25.45%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
19.93%
Revenue from Operations
20.13%
Total Assets
6.87%
Profit or Loss
121.85%
Net Worth
25.45%
EBITDA
56.58%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹29.48 Cr

₹3.72 Cr

LenderAmountStatus

Sidbi

Creation Date: 18 Jan 2024
₹1.40 CrOpen

Sidbi

Creation Date: 20 Nov 2019
₹1.40 CrOpen

Others

Creation Date: 25 Jul 2018
₹26.43 CrOpen

How Many Employees Work at Banavathy Power Systems?

Banavathy Power Systems has a workforce of 73 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Banavathy Power Systems

Recent activity within the organization

  • Annual General Meeting

    Banavathy Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 03 May 2019 via Charge ID 100263020 with State Bank Of India was fully satisfied on 15 May 2024.

    15 May 2024

  • Balance Sheet

    Banavathy Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 23 Oct 2020 via Charge ID 100380792 with Sidbi was fully satisfied on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.40 Cr with Charge ID 100864725 was registered on 18 Jan 2024.

    18 Jan 2024

  • Charges

    A charge registered on 28 Mar 2019 via Charge ID 100263026 with State Bank Of India was fully satisfied on 22 Dec 2023.

    22 Dec 2023

Frequently asked questions

  • Banavathy Power Systems Private Limited was incorporated on 03 Feb 1998.

  • The authorized share capital of Banavathy Power Systems Private Limited is ₹ 1.10 Cr and paid-up capital is ₹ 6.77 M.

  • Currently 3 directors are associated with Banavathy Power Systems Private Limited.

    • Vyvaswatha Kalyana Sundaram Banavathy
    • Banavathy Kalyanasundaram Vinayachandra
    • Ramachandra Bhagwat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Banavathy Power Systems Private Limited is 376/A 10Th Cross, 4Th Phasepeenya Industrial Area India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Banavathy Power Systems Private Limited is U29248KA1998PTC023342 and the company number is 023342 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Banavathy Power Systems Private Limited is https://www.banavathypowersystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Banavathy Power Systems Private Limited has risen by 19.93%.

  • As Per 2023 financial reports, 73 employees are currently employed by Banavathy Power Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Banavathy Power Systems Private Limited has experienced an upsurge of 25.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Banavathy Power Systems Private Limited amount to ₹ 29.48 Cr.

  • The most recent Balance Sheet for Banavathy Power Systems Private Limited was filed with the ROC on 31 Mar 2024.

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