About Bharat Fih Limited
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Bharat Fih Limited is a public limited company based in Sriperumbudur, Tamil Nadu, India, a subsidiary of Fih Mobile Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31401TN2015PLC143100. Its GSTIN is 33AAHCR2906G1ZM (Tamil Nadu). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2,898.1 Cr and a paid-up capital of ₹2,380.94 Cr. It was formerly known as Rising Stars Mobile India Private Limited and Bharat Fih Private Limited. It is led by directors including Abraham Joseph (Managing Director) and Payal Koul Mirakhur.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at M – 2B Dta Area Sipcot Industrial Park Phase – II Chennai Bangalore NH – 4 Sunguvarchatram, Sriperumbudur, Tamil Nadu, India – 602106.
As per the financials filed for FY 2023, the company reported a revenue of ₹11,801 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹32.76 Cr (net margin -0.3%) and EBITDA of ₹2.72 Cr (EBITDA margin 0%).
The company has about 2,130 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Bharat FIH. Court records list 21 cases involving the company, including 18 filed by the company and 3 filed against it; 15 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹2,380.94 Cr; the latest was in December 2019. The company has 19 MSME Form 1 returns on record between 2017 and 2024, listing 2,199 overdue payments to 181 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bharatfih.com.
Company details
Name history
Bharat Fih has undergone 2 name changes throughout its history. The company was previously known as Rising Stars Mobile India Private Limited, and Bharat Fih Private Limited. The current legal name is Bharat Fih Limited.
| Company Name | Status |
|---|---|
| Bharat Fih Limited | Current |
| Rising Stars Mobile India Private Limited | Previous |
| Bharat Fih Private Limited | Previous |
CIN history
Bharat Fih has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31401TN2015PLC143100, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31401TN2015PLC143100 | Current |
| U31401TN2015PTC143100 | Previous |
| U31401AP2015PTC096605 | Previous |
Contact details
Bharat Fih Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is bharatfih.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 2B Dta Area Sipcot Industrial Park Phase – II Chennai Bangalore NH – 4 Sunguvarchatram, Sriperumbudur, Tamil Nadu, India – 602106
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Bharat Fih Limited, buy the company report.
- 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
Brands
Bharat Fih operates one associated brand: Bharat FIH. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of batteries, charger, headsets, and electric components | bharatfih.com |
Business activity
The main business activity of Bharat Fih is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Bharat Fih Limited, buy the company report.
Financials of Bharat Fih Limited
FY 2024 filings availableBharat Fih Limited reported revenue of ₹11,801 Cr (down 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year. EBITDA fell 99% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11,801 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.76 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | -0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bharat Fih Limited, buy the company report.
Board of directors of Bharat Fih Limited
Bharat Fih has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Koul Mirakhur Also directs: Geni Telecom Innovations Private Limited, Hinduja Tech Limited, Truminds Software Systems Private Limited and 1 more | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
| Arun Todarwal Lalchand Also directs: Arun Todarwal & Associates LLP, Arun Todarwal & Co LLP, Laxmi Organic Industries Limited and 5 more | Director | 22 Mar 2024 | 2 Years 7 Months | Current |
| Kam Wah Danny Tam | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
| Hui Chung Chen | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
| Abraham Joseph | Managing Director | 29 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Bharat Fih Limited is audited by DELOITTE HASKINS AND SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS AND SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Bharat Fih Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bharat Fih Limited, buy the company report.
Deals & funding
Bharat Fih Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹2,380.94 Cr; the latest was in December 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Funding round | ₹715 Cr | Investors: Wonderful Stars Pte Limited, Aptech Electronic Pte Ltd |
| Oct 2017 | Funding round | ₹1,193.48 Cr | Investors: Wonderful Stars Pte Limited, Aptech Electronic Pte Ltd |
| Sep 2015 | Funding round | ₹472.46 Cr | Investors: Wonderful Stars Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bharat Fih Limited has 21 court cases on record: 18 filed by Bharat Fih, 3 filed against it. 15 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 1 | 15 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Income Tax Officer (Osd) and Secretary (DRP- and 2 others | Pending |
| High Court | Writ petition | Filed by the company against Income Tax Officer (Osd) and Secretary and 2 others | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax Central Circle -2( and 1 other | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax and 1 other | Pending |
To see the full case history of Bharat Fih Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Bharat Fih Limited has 19 MSME Form 1 returns on record between 2017 and 2024, listing 2,199 overdue payments to 181 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 181)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Polyhose Kohyei India Private Limited | |||
| SM Electronic Technologies Private Limited | |||
| an individual supplier | |||
| Panoply Packagings Private Limited |
To see the full MSME payment records of Bharat Fih Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Bharat Fih has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rising Stars Hi-Tech Private Limited | U32109TN2021PTC143176 |
To see the full group structure of Bharat Fih Limited, buy the company report.
Employees & EPFO
Bharat Fih Limited has a workforce of 2,130 employees on its EPFO records as of Mar 22, 2024, across 4 active EPFO establishments.
GST
Bharat Fih has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCR2906G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAHCR2906G1ZF | Maharashtra | Active | 01 Jul 2017 |
| 37AAHCR2906G1ZE | Andhra Pradesh | Active | 01 Jul 2017 |
| 29AAHCR2906G1ZB | Karnataka | Active | 27 Jun 2018 |
To see the full GST registrations and return filing status of Bharat Fih Limited, buy the company report.
Recent activity
Bharat Fih Limited has 23 board changes on record since 2019: 6 appointments and 17 cessations. The latest: Arun Todarwal Lalchand ceased to be Additional Director on 29 Dec 2024.
14 earlier events are in the company report.
Frequently asked questions
Bharat Fih is an active public limited company based in Sriperumbudur, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 May 2015 (11+ years old) and is registered under CIN U31401TN2015PLC143100.
Bharat Fih has 5 current directors:
- Abraham Joseph - Managing Director
- Payal Koul Mirakhur - Director
- Arun Todarwal Lalchand - Director
- Kam Wah Danny Tam - Director
- Hui Chung Chen - Director
The latest financial statements of Bharat Fih on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Bharat Fih is 33AAHCR2906G1ZM, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCR2906G1ZF (Maharashtra), 37AAHCR2906G1ZE (Andhra Pradesh), 29AAHCR2906G1ZB (Karnataka).
The CIN (Corporate Identification Number) of Bharat Fih is U31401TN2015PLC143100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Fih has 21 court cases on record: 18 filed by the company and 3 filed against it. 15 are pending. Most are in the high courts.
Bharat Fih was incorporated on 01 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Bharat Fih has 3 deals on record (3 funding rounds), with disclosed funding of ₹2,380.94 Cr; the latest was in December 2019.
Arun Todarwal Lalchand ceased to be Additional Director on 29 Dec 2024. Payal Koul Mirakhur ceased to be Additional Director on 29 Dec 2024. Payal Koul Mirakhur was appointed as Director on 19 Sep 2024. Bharat Fih has 23 board changes on record in total.
Bharat Fih has 19 MSME Form 1 returns on record between 2017 and 2024, listing 2,199 overdue payments to 181 micro and small suppliers. The latest return was filed on 06 Jun 2024.
Bharat Fih can be reached through the website bharatfih.com. Its registered office is in Sriperumbudur, Tamil Nadu, India.
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