Decent Electronics Private Limited
About Decent Electronics Private Limited
Data last updated:
Decent Electronics Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the manufacturing segment of the electronics sector. It was incorporated on 15 October 1984.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1984PTC191770.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It was led by directors Sugandha Jaidev Hiremath and Jai Vishwanath Hiremath.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 1203 Maker Chamber V 221 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹66,981, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹39,555 (net margin -59.1%) and EBITDA of -₹39,555 (EBITDA margin -59.1%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Company details
CIN history
Decent Electronics has one previous CIN (Corporate Identification Number): U32109MH1984PTC034262. The current CIN is U32109MH1984PTC191770, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32109MH1984PTC191770 | Current |
| U32109MH1984PTC034262 | Previous |
Contact details
Decent Electronics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1203 Maker Chamber V 221 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryElectrnoics, Manufacturing, Electronic Components
To see the full contact details of Decent Electronics Private 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
Financials of Decent Electronics Private Limited
FY 2024 filings availableDecent Electronics Private Limited reported revenue of ₹66,981 (down 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 94% fall in the latest year. EBITDA rose 100% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹39,555 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39,555 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -59.1% | ||||
| Net Profit Margin | -59.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Decent Electronics Private Limited, buy the company report.
Board of directors of Decent Electronics Private Limited
Decent Electronics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sugandha Jaidev Hiremath Also directs: Castilia Life Sciences LLP, Marigold Investment Pvt Ltd, Rushabh Capital Services Private Limited and 1 more | Director | 26 Dec 1988 | 37 Years 10 Months | As last reported |
| Jai Vishwanath Hiremath Also directs: Castilia Life Sciences LLP, Rushabh Capital Services Private Limited, Zirad Art and Heritage Foundation and 2 more | Director | 26 Dec 1988 | 37 Years 10 Months | As last reported |
Peer comparison
Decent Electronics Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Whizz Engineering Services Private Limited | ₹81,170 (FY 2023) | -95.0% | Pune, Maharashtra, India | |||
| Swiftfish Private Limited | ₹76,040 (FY 2024) | -21.0% | Panjim, Goa, India | |||
| Bluemonte Industries Private Limited | ₹75,000 (FY 2025) | -82.0% | Kolkata, West Bengal, India | |||
| RZM Machinery Private Limited | ₹70,800 (FY 2025) | Delhi, India | ||||
| Sand Tech Private Limited | ₹68,665 (FY 2022) | -91.0% | Pune, Maharashtra, India | |||
| Decent Electronics Private Limitedthis company | ₹66,981 (FY 2024) | -₹39,555 | -59.1% | -94.0% | Mumbai, Maharashtra, India | |
| Pooja Rotomake Private Limited | ₹66,721 (FY 2024) | -34.0% | Jalna, Maharashtra, India | |||
| Kafeucha Tea Company Private Limited | ₹66,424 (FY 2025) | -100.0% | Guwahati, Assam, India | |||
| Avyukt Industries Private Limited | ₹65,508 (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Hexamatic Machine Tools Private Limited | ₹63,800 (FY 2024) | -95.0% | Bangalore, Karnataka, India | |||
| Kabra Gloucester Engineering Limited | ₹63,000 (FY 2022) | 332.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Decent Electronics Private Limited, buy the company report.
Auditor
Decent Electronics Private Limited is audited by R. P. SARDAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. P. SARDAR & CO. | FY 2023 | 037845 |
Shareholding
The shareholding of Decent Electronics Private 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 Decent Electronics Private Limited, buy the company report.
Legal cases
Decent Electronics Private Limited has 3 court cases on record: 1 filed by Decent Electronics, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Mr. Gaurishankar N. Kalyani Azb and Partners | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Decent Electronics Private 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
No delayed payments to MSME suppliers are on our record for Decent Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Decent Electronics has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Decent Electronics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Decent Electronics Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Jai Vishwanath Hiremath was appointed as Director on 26 Dec 1988.
Frequently asked questions
Decent Electronics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Decent Electronics was a private limited company based in Mumbai, Maharashtra, India. The company worked in manufacturing, within the electronics industry. It was incorporated on 15 October 1984 and is registered under CIN U32109MH1984PTC191770. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Decent Electronics was incorporated on 15 October 1984. It is registered with the Registrar of Companies, Mumbai.
Decent Electronics had 2 directors:
- Sugandha Jaidev Hiremath - Director
- Jai Vishwanath Hiremath - Director
The CIN (Corporate Identification Number) of Decent Electronics is U32109MH1984PTC191770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Decent Electronics is at 1203 Maker Chamber V 221 Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Decent Electronics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Decent Electronics operated in the electronics industry, in the manufacturing segment.
The peers of Decent Electronics by revenue are Whizz Engineering Services Private Limited, Swiftfish Private Limited, Bluemonte Industries Private Limited, RZM Machinery Private Limited, Sand Tech Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Decent Electronics has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Jai Vishwanath Hiremath was appointed as Director on 26 Dec 1988. Sugandha Jaidev Hiremath was appointed as Director on 26 Dec 1988.
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