About Element14 India Private Limited
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Element14 India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Element14 Holdings B V. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30009KA2007PTC044448. Its GSTIN is 29AABCF1609A1Z7 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.36 Cr. It was formerly known as Farnell Electronics India Private Limited. It is led by directors Gaurav Sharma and Honnavar Navin.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11th Floor Tower D Ibc Knowledge Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹414.52 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹32.01 Cr (net margin 7.7%) and EBITDA of ₹46.49 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 17% over five years.
The company has about 615 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Element14. Court records list 6 cases involving the company, including 6 filed by the company; 1 case is pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹14.4 Cr; the latest was in June 2015. Its 7 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 4 smaller; the largest is Sol Mobiles Private Limited with revenue of ₹433.03 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website in.element14.com.
Company details
Contact details
Element14 India Private Limited's registered office is in Bangalore, Karnataka. Its website is in.element14.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11th Floor Tower D Ibc Knowledge Park 4/1 Bannerghatta Main Road Suddagunte, Palya, Bangalore, Karnataka, India – 560029
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Element14 India 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
Brands
Element14 India operates one associated brand: element14. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronic components are manufactured and retailed by element14. | element14.com |
Business activity
The main business activities of Element14 India are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Element14 India Private Limited, buy the company report.
Financials of Element14 India Private Limited
FY 2025 filings availableElement14 India Private Limited reported revenue of ₹414.52 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 10% growth in the latest year. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹46.49 Cr | ||||
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| Net Profit (PAT) | ₹32.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 7.7% | ||||
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To see the full financial statements and ratios of Element14 India Private Limited, buy the company report.
Board of directors of Element14 India Private Limited
Element14 India has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Sharma Also directs: Priya Softweb Solutions Private Limited | Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Honnavar Navin | Director | 19 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Element14 India Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sol Mobiles Private Limited | ₹433.03 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| North Gaints Private Limited | ₹426.83 Cr (FY 2025) | 82.0% | New Delhi, Delhi, India | |||
| Hotspot Retail Private Limited | ₹415.41 Cr (FY 2024) | 28.0% | New Delhi, Delhi, India | |||
| Element14 India Private Limitedthis company | ₹414.52 Cr (FY 2025) | ₹32.01 Cr | 7.7% | 10.0% | 615 | Bangalore, Karnataka, India |
| Arrowhead Communications Private Limited | ₹410.2 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Dhanvi Data System Private Limited | ₹409.45 Cr (FY 2025) | 247.0% | Lucknow, Uttar Pradesh, India | |||
| United India Marketing Private Limited | ₹408.89 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India | |||
| Damani Multitrade Private Limited | ₹404.39 Cr (FY 2017) | 12.0% | Thane, Maharashtra, India |
To see the full peer comparison of Element14 India Private Limited, buy the company report.
Auditor
Element14 India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Element14 India 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 Element14 India Private Limited, buy the company report.
Deals & funding
Element14 India Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹14.4 Cr; the latest was in June 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Element 14 Holdings B V Seller: an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Aug 2012 | Funding round | ₹4.4 Cr | Investors: Element 14 Holdings B V |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Element 14 Holdings B V Seller: Farnell Holding BV |
| Mar 2011 | Funding round | ₹4 Cr | Investors: Element 14 Holdings B V |
To see the full deal history of Element14 India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Element14 India Private Limited has 6 court cases on record: 6 filed by Element14 India. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against M/S Stone India Limited, Rep. by Its MD, Debashis Chakravarthy | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Stone India Limited Rep by Debashis Chakravarty | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Element14 India 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 Element14 India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Element14 India Private Limited has a workforce of 615 employees on its EPFO records as of Sep 09, 2024, across 1 active EPFO establishment.
GST
Element14 India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF1609A1Z7 | Karnataka | Active | 01 Jul 2017 |
| 33AABCF1609A1ZI | Tamil Nadu | Active | 01 Jan 2024 |
| 27AABCF1609A1ZB | Maharashtra | Active | 17 Apr 2024 |
To see the full GST registrations and return filing status of Element14 India Private Limited, buy the company report.
Recent activity
Element14 India Private Limited has 38 board changes on record since 2007: 20 appointments and 18 cessations. The latest: Honnavar Navin was appointed as Director on 19 Dec 2024.
29 earlier events are in the company report.
News
Frequently asked questions
Element14 India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 November 2007 (19+ years old) and is registered under CIN U30009KA2007PTC044448.
Element14 India has 2 current directors:
- Gaurav Sharma - Director
- Honnavar Navin - Director
The latest financial statements of Element14 India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Element14 India is 29AABCF1609A1Z7, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AABCF1609A1ZI (Tamil Nadu), 27AABCF1609A1ZB (Maharashtra).
The CIN (Corporate Identification Number) of Element14 India is U30009KA2007PTC044448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Element14 India has 6 court cases on record: 6 filed by the company. 1 is pending. Most are in the district courts.
Element14 India was incorporated on 21 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Element14 India has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹14.4 Cr; the latest was in June 2015.
The peers of Element14 India by revenue are Sol Mobiles Private Limited, North Gaints Private Limited, Hotspot Retail Private Limited, Arrowhead Communications Private Limited, Dhanvi Data System Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Honnavar Navin was appointed as Director on 19 Dec 2024. Karthik Sadagopan ceased to be Director on 19 Dec 2024. Gaurav Sharma was appointed as Director on 29 Aug 2024. Element14 India has 38 board changes on record in total.
Element14 India can be reached through the website in.element14.com. Its registered office is in Bangalore, Karnataka, India.