Farmax Technologies Private Limited logo

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
HomeCompanyFarmax Technologies Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Narayana Thippeswamy InManaging Director21-Feb-2006Current

Board Members(2)

NameDesignationAppointment DateStatus
Kumareshan Kannan In Director 20-Apr-2015Current
Hampaih Chandranna In Director 06-May-2015Current

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%.

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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
49.81%
Revenue from Operations
50.05%
Total Assets
11.37%
Profit or Loss
196.64%
Net Worth
18.01%
EBITDA
38.87%

Charges (Loans)

Open Charges

₹2.34 Cr

LenderAmountStatus

Karnataka State Financial Corporation

Creation Date: 28 May 2024
₹1.42 CrOpen

State Bank Of India

Creation Date: 22 Sep 2022
₹0.85 MOpen

State Bank Of India

Creation Date: 22 Sep 2022
₹0.75 MOpen

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.

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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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