Ace Appliances Limited
About Ace Appliances Limited
Data last updated:
Ace Appliances Limited was a public limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 August 1986.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL1986PLC025247. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at B – 15/2 Okhla Industrial Area Phase – 2, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2017, the company reported a revenue of ₹19.73 Lakh, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹7.16 Lakh (net margin 36.3%) and EBITDA of ₹13.44 Lakh (EBITDA margin 68.1%).
Company details
Contact details
Ace Appliances Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 15/2 Okhla Industrial Area Phase – 2, New Delhi, Delhi, India – 110020
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Ace Appliances 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 Ace Appliances Limited
FY 2017 filings availableAce Appliances Limited reported revenue of ₹19.73 Lakh (up 36% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year. EBITDA rose 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹19.73 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹13.44 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹7.16 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 68.1% | ||
| Net Profit Margin | 36.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| 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 Ace Appliances Limited, buy the company report.
Board of directors of Ace Appliances Limited
Ace Appliances has 4 former directors on record and no current directors listed.
Peer comparison
Ace Appliances Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R R Luminaires Private Limited | ₹19.83 Lakh (FY 2022) | 6.0% | Himachal Pradesh, India | |||
| Lectro Mech India Private Ltd | ₹19.83 Lakh (FY 2025) | -63.0% | Chennai, Tamil Nadu, India | |||
| Epson Electronics Private Limited | ₹19.81 Lakh (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Brissk Enterprises Limited | ₹19.79 Lakh (FY 2022) | -59.0% | Padappai, Tamil Nadu, India | |||
| Quality Home Appliances Private Limited | ₹19.76 Lakh (FY 2025) | -42.0% | Noida, Uttar Pradesh, India | |||
| Ace Appliances Limitedthis company | ₹19.73 Lakh (FY 2017) | ₹7.16 Lakh | 36.3% | 36.0% | New Delhi, Delhi, India | |
| Rakesh Electronics Private Limited | ₹19.71 Lakh (FY 2025) | 17.0% | Delhi, India | |||
| JSK Wiring Systems Private Limited | ₹19.67 Lakh (FY 2024) | 66.0% | New Delhi, Delhi, India | |||
| Skad Ventures Private Limited | ₹19.65 Lakh (FY 2024) | -25.0% | Amritsar, Punjab, India | |||
| Felicitous Enterprises Private Limited | ₹19.64 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Eslr Technologies Private Limited | ₹19.61 Lakh (FY 2021) | 154.0% | Kharagpur, West Bengal, India |
To see the full peer comparison of Ace Appliances Limited, buy the company report.
Auditor
Ace Appliances Limited is audited by VBR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VBR & ASSOCIATES | FY 2017 | 013174N |
Shareholding
The shareholding of Ace Appliances Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ace Appliances Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ace Appliances Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace Appliances Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ace Appliances has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ace Appliances Limited, buy the company report.
Recent activity
Ace Appliances Limited has 4 board changes on record since 2018: 0 appointments and 4 cessations. The latest: Rajni Khanna ceased to be Director on 01 Apr 2018.
Frequently asked questions
Ace Appliances has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ace Appliances was a public limited company based in New Delhi, Delhi, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 August 1986 and is registered under CIN U31909DL1986PLC025247. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ace Appliances is U31909DL1986PLC025247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Appliances was incorporated on 26 August 1986. It is registered with the Registrar of Companies, Delhi.
The registered office of Ace Appliances is at B – 152 Okhla Industrial Area Phase – 2, New Delhi, Delhi, India – 110020.
The latest financial statements of Ace Appliances on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Ace Appliances has 1 GST registration on record and it is cancelled or inactive.
Ace Appliances operated in the consumer electronics and durables industry, in the electronics manufacturing segment.
The peers of Ace Appliances by revenue are R R Luminaires Private Limited, Lectro Mech India Private Ltd, Epson Electronics Private Limited, Brissk Enterprises Limited, Quality Home Appliances Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Rajni Khanna ceased to be Director on 01 Apr 2018. Sandeep Khanna ceased to be Director on 01 Apr 2018. Santosh Khanna ceased to be Director on 01 Apr 2018. Ace Appliances has 4 board changes on record in total.
Ace Appliances can be reached at its registered office: B – 152 Okhla Industrial Area Phase – 2, New Delhi, Delhi, India – 110020.