Avana Electrosystems Limited - Due diligence report

A 360° intelligence report on Avana Electrosystems Limited: trust score, financial health, credit view, compliance, directors, growth and di…

2010-07-16 Bangalore North, Karnataka Active Unlisted Active Compliant
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Avana Electrosystems Limited — 360° Intelligence Report

Generated from MCA filings & public records
91/100
Trust Score
Low Risk

Avana Electrosystems Limited is assessed as Low Risk with a Trust Score of 91/100. Avana Electrosystems Limited is an active public limited indian non-government company incorporated in 2010, operating in the Energy and Power sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 03 Jul 2026 from the latest processed filings. Avana Electrosystems Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
91/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
80/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (MSE).

Charges position: 4 open (21.10 cr) · 3 satisfied (5.45 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited4 48.0 cr
State Bank Of India1 48.0 cr
Others2 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 80/100
NameDIN / PANDesignationAppointedTenureDIN status
SHEELA ARVIND 01234567 Director 01/04/2018 6 yrs Approved
GURURAJ DAMBAL 01234567 Director 01/04/2018 6 yrs Approved
KONDAHALLI NAGARAJ SREENATH 01234567 Director 01/04/2018 6 yrs Approved
PANISH ANANTHARAMAIAH 01234567 Director 01/04/2018 6 yrs Approved
SHITAL DARAK MANDHANA 01234567 Director 01/04/2018 6 yrs Approved
VINOD KUMAR SAMPATKUMAR 01234567 Director 01/04/2018 6 yrs Approved
Kondahalli Nagaraj Sreenath 01234567 Director 01/04/2018 6 yrs Approved
Nama Sreeramaiah Kishore 01234567 Director 01/04/2018 6 yrs Approved
Srinivas Ravikumar 01234567 Director 01/04/2018 6 yrs Approved
  • 9 directors on the board.
  • No disqualified or deactivated DINs.
  • 5 director exits in 3 years - high churn.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: GURURAJ DAMBAL (Whole-time director) · PANISH ANANTHARAMAIAH (Managing Director) · VINOD KUMAR SAMPATKUMAR (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 70
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Asset base grew 61% - capacity expansion.
Net margin improved to 38%.
EPFO headcount growing - hiring signal.
Operating for 15+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 1.42 in a year.
5 director exits within 2 years.
4 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence88/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment80/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 21.10 cr already registered.
  • Compliance record supports lending.
Investor view94/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 6 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
29 Sep 2025
Last AGM held
Annual general meeting
02 Sep 2025
Director appointed
Srinivas Ravikumar (Cfo)
29 Aug 2025
Director ceased
KONDAHALLI NAGARAJ SREENATH
21 Aug 2025
Charge satisfied
State Bank Of India
20 Aug 2025
Charge satisfied
Others
04 Aug 2025
Director appointed
SHEELA ARVIND (Director)
Director appointed
SHITAL DARAK MANDHANA (Director)
Director appointed
Nama Sreeramaiah Kishore (Director)
01 Aug 2025
Director ceased
DAKSHAYINI RAJESH
31 Mar 2025
Latest balance sheet
Filed with ROC
19 Nov 2024
Director appointed
Kondahalli Nagaraj Sreenath (Cfo)
10 Nov 2024
Director ceased
GURURAJ DAMBAL
Director ceased
PANISH ANANTHARAMAIAH
Director ceased
VINOD KUMAR SAMPATKUMAR
20 Dec 2023
Charge created
Hdfc Bank Limited - 68.55 Lakh
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
9 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of MSE from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Inditronics U74999PN2016PTC167431 Pune City, Maharashtra, India
Bansal Polycab Private Limited U25209WB2019PTC229807 Howrah, West Bengal, India
Shrijee Heavy Projects Works Limited U29299MH1984PLC032512 Mumbai, Maharashtra, India
Sai Utility & Fire Systems India Private Limited U74999PN2014PTC152923 Pune, Maharashtra, India
Winchhouse U29150KA2005PTC037163 Tumakauru, Karnataka, India
Kundan Switch Gears Private Limited U34300RJ2000PTC016509 Udaipur, Rajasthan, India
Gemini Instratech Limited U40105MH1991PLC167813 Thane, Maharashtra, India
Chhabi Electricals Private Limited U32109MH1978PTC020807 Jalgaon, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Avana Electrosystems Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Avana Electrosystems Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Avana Electrosystems Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 91/100, distress signals and MSME payment-delay disclosures - know whether Avana Electrosystems Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Avana Electrosystems Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Avana Electrosystems Limited an active company?

Avana Electrosystems Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Avana Electrosystems Limited financially healthy?

Avana Electrosystems Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Avana Electrosystems Limited?

Its overall Trust Score is 91/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Avana Electrosystems Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 9 active director(s) are on record.

Does Avana Electrosystems Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Avana Electrosystems Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Avana Electrosystems Limited?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.