Acelite Electricals Private Limited
About Acelite Electricals Private Limited
Data last updated:
Acelite Electricals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 14 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1988PTC046522. Its GSTIN is 27AACCM6505F1ZO (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors including Mayur Jayantilal Mehta and Mukund Jayantilal Mehta.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No 14 Allied Indl Estatee Off M C Rd Mahim (W), Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.44 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹79,645 (net margin 9.4%) and EBITDA of ₹1.69 Lakh (EBITDA margin 20%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 25% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressUnit No 14 Allied Indl Estatee Off M C Rd Mahim (W), Mumbai, Maharashtra, India – 400016
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Acelite Electricals Private Limited
The main business activity of Acelite Electricals is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Acelite Electricals Private Limited FY 2025 filings available
Acelite Electricals Private Limited reported revenue of ₹8.44 Lakh (down 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Acelite Electricals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 47% fall in the latest year. EBITDA fell 38% 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 of Acelite Electricals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹79,645 | •••• | •••• | •••• | •••• |
| 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 of Acelite Electricals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Acelite Electricals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Acelite Electricals Private Limited
Acelite Electricals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Jayantilal Mehta | Director | 11 Mar 1999 | 27 Years 7 Months | Current |
| Mukund Jayantilal Mehta | Director | 11 Mar 1999 | 27 Years 7 Months | Current |
| Kirit Jayantilal Mehta | Director | 11 Mar 1999 | 27 Years 7 Months | Current |
Peer Comparison of Acelite Electricals Private Limited
Acelite Electricals Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Glass Bulbs Pvt Ltd | ₹8.53 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Dehradun, Uttarakhand, India |
| Dhiman Fabricators Private Limited | ₹8.5 Lakh (FY 2024) | •••• | •••• | -56.0% | •••• | Zirakpur, Punjab, India |
| Bedare Electronics Private Limited | ₹8.48 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Amravati, Maharashtra, India |
| Cerina Labs Private Limited | ₹8.47 Lakh (FY 2025) | •••• | •••• | 1237.0% | •••• | Hyderabad, Telangana, India |
| Karvrish Impex Private Limited | ₹8.47 Lakh (FY 2025) | •••• | •••• | 30589.0% | •••• | Jaipur, Rajasthan, India |
| Acelite Electricals Private Limited this company | ₹8.44 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| Seemac Photovoltaic Pvt.Ltd. | ₹8.43 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | New Delhi, Delhi, India |
| A A Electronics Private Limited | ₹8.42 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| DB Otg Oem Private Limited | ₹8.4 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Ganu Energy Solutions Private Limited | ₹8.34 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Tuhina Led Electricals Private Limited | ₹8.34 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Purbamedinipur, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Acelite Electricals by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Acelite Electricals Private Limited
Acelite Electricals Private Limited is audited by G R Modi & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G R Modi & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Acelite Electricals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Acelite Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 1995 | State Bank of India | ₹18 Lakh | Open |
| 02 Jun 1993 | State Bank of India | ₹15 Lakh | Open |
| 11 Dec 1992 | State Bank of India | ₹12 Lakh | Open |
| 21 Mar 1990 | State Bank of India | ₹7.5 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Acelite Electricals Private Limited
Acelite Electricals Private Limited has a workforce of 1 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Acelite Electricals Private Limited
Acelite Electricals Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Rasiklal Revachand Mehta ceased to be Director on 06 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Acelite Electricals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Acelite Electricals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Acelite Electricals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Acelite Electricals Private Limited
Acelite Electricals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6505F1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Acelite Electricals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Acelite Electricals Private Limited
Acelite Electricals is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 14 March 1988 (38+ years old) and is registered under CIN U51900MH1988PTC046522.
Acelite Electricals reported revenue of ₹8.44 Lakh for FY 2024 (down 47% YoY).
Acelite Electricals has 3 current directors:
- Mayur Jayantilal Mehta - Director
- Mukund Jayantilal Mehta - Director
- Kirit Jayantilal Mehta - Director
Acelite Electricals reported a net profit of ₹79,645 (net margin 9.4%) and EBITDA of ₹1.69 Lakh (EBITDA margin 20%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Acelite Electricals is -16% over three years and -25% over five years. In the latest year (FY 2024) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Acelite Electricals is 27AACCM6505F1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Acelite Electricals is U51900MH1988PTC046522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acelite Electricals was incorporated on 14 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Acelite Electricals by revenue are Glass Bulbs Pvt Ltd, Dhiman Fabricators Private Limited, Bedare Electronics Private Limited, Cerina Labs Private Limited, Karvrish Impex Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Rasiklal Revachand Mehta ceased to be Director on 06 Apr 2023. Kirit Jayantilal Mehta was appointed as Director on 11 Mar 1999. Mayur Jayantilal Mehta was appointed as Director on 11 Mar 1999. Acelite Electricals has 4 board changes on record in total.
The registered office of Acelite Electricals is at Unit No 14 Allied Indl Estatee Off M C Rd Mahim W, Mumbai, Maharashtra, India – 400016.