Farmax Technologies Private Limited

Manufacturer and trader of power conditioning equipment, including stabilizers, transformers, conditioners, and UPS systems.

2006 | Bangalore, Karnataka (India) | Active
Last Updated: December 29, 2024

Farmax Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 7.10 M
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.34 Cr
  • Revenue Growth 49.81%
  • Profit Growth 196.64%
  • Ebitda 38.87%
  • Net Worth 18.01%
  • Total Assets 11.37%

About Farmax Technologies

Farmax Technologies Private Limited (FTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 February 2006 and has a history of 18 years and 11 months. Its registered office is in Bangalore, Karnataka.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 7.10 M.

The company currently has active open charges totaling ₹2.34 Cr.

Narayana Thippeswamy, Kumareshan Kannan, and Hampaih Chandranna serve as directors at the Company.

Company Details

  • Location Bangalore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    farmaxindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29150KA2006PTC038548

  • Company No.

    038548

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Feb 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Farmax Technologies Private Limited offer?

Farmax Technologies Private Limited offers a wide range of products and services, including Voltage & Power Stabilizers, Voltage Stabilizers, Home Appliances Repair & Maintenance, Battery Repair & Maintenance Service, Servo Voltage Stabilizer, Three Phase Air Cooled Servo Stabilizers, Environment Protection & Auditing, EHS Audit, Inverters, UPS and Converters, Online UPS.

Who are the key members and board of directors at Farmax Technologies?

Executive Team (1)

Name Designation Appointment Date Status
Narayana Thippeswamy Country flag representing In Managing Director 21-Feb-2006 Current

Board Members (2)

Name Designation Appointment Date Status
Kumareshan Kannan Country flag representing In Director 20-Apr-2015 Current
Hampaih Chandranna Country flag representing In Director 06-May-2015 Current

Financial Performance of Farmax Technologies.

Farmax Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.81% increase. The company also saw a substantial improvement in profitability, with a 196.64% increase in profit. The company's net worth Soared by an impressive increase of 18.01%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
49.81%
Revenue from Operations
50.05%
Total Assets
11.37%
Profit or Loss
196.64%
Net Worth
18.01%
EBITDA
38.87%

What is the Ownership and Shareholding Structure of Farmax Technologies?

Unlock access to Farmax Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.34 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka State Financial Corporation : 1.42 Cr
  • State Bank Of India : 0.92 Cr

Latest Charge Details

Date Lender Amount Status
28 May 2024 Karnataka State Financial Corporation ₹1.42 Cr Open
22 Sep 2022 State Bank Of India ₹0.85 M Open
22 Sep 2022 State Bank Of India ₹0.75 M Open
26 Mar 2007 State Bank Of India ₹7.60 M Open

How Many Employees Work at Farmax Technologies?

Farmax Technologies has a workforce of 37 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Farmax Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Farmax Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Farmax Technologies

Recent activity within the organization

  • Annual General Meeting

    Farmax Technologies 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 with Karnataka State Financial Corporation amounted to Rs. 1.42 Cr with Charge ID 100932623 was registered on 28 May 2024.

    28 May 2024

  • Balance Sheet

    Farmax Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.09 Cr with Charge ID 100618018 was registered on 22 Sep 2022.

    22 Sep 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.08 Cr with Charge ID 100618352 was registered on 22 Sep 2022.

    22 Sep 2022

  • Charges

    A charge with State Bank Of India of Rs. 0.76 Cr registered on 26 Mar 2007 with Charge ID 10048035 was modified on 14 Mar 2022.

    14 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Farmax Technologies Private Limited was incorporated on 21 Feb 2006.

  • The authorized share capital of Farmax Technologies Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 7.10 M.

  • Currently 3 directors are associated with Farmax Technologies Private Limited.

    • Narayana Reddy Thippeswamy
    • Kumareshan Kannan
    • Hampaih Chandranna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Farmax Technologies Private Limited is No.399 14Th Cross 2Nd Block Vishwapriya Layout, Begur Road India, Bangalore, Karnataka, 560114.

  • The corporate identification number (CIN) of Farmax Technologies Private Limited is U29150KA2006PTC038548 and the company number is 038548 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Farmax Technologies Private Limited is https://www.farmaxindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Farmax Technologies Private Limited has risen by 49.81%.

  • As Per 2023 financial reports, 37 employees are currently employed by Farmax Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Farmax Technologies Private Limited has experienced an upsurge of 18.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Farmax Technologies Private Limited amount to ₹ 2.34 Cr.

  • The most recent Balance Sheet for Farmax Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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