Akash Electrotek Engineers Private Limited

Akash Electrotek Engineers Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U29308DL2007PTC162205 Incorporated 18 April 2007 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2018
₹2.36 Cr
▼ 27% YoY
Net profit · FY 2018
₹3.07 Lakh
Net margin 1.3%
EBITDA · FY 2018
₹17.84 Lakh
EBITDA margin 7.6%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹18.5 Lakh
Issued & subscribed
Open charges
₹2.2 Cr
Satisfied ₹5.51 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
5
Provident fund records

About Akash Electrotek Engineers Private Limited

Data last updated:

Akash Electrotek Engineers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 April 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29308DL2007PTC162205. Its GSTIN is 06AAGCA2773B2Z1 (Haryana). The company holds 9 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹18.5 Lakh. It is led by directors Sher Mohammad and Sandeep Sharma.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at C – 69 – 70 M F/F Sainik Nagar Uttam Nagar, New Delhi, Delhi, India – 110059.

As per the financials filed for FY 2018, the company reported a revenue of ₹2.36 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.07 Lakh (net margin 1.3%) and EBITDA of ₹17.84 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.

The company has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.2 Cr and satisfied charges of ₹5.51 Cr on record. Court records list 17 cases involving the company, including 3 filed by the company and 13 filed against it; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akashelectro.com.

Company Details of Akash Electrotek Engineers Private Limited
CIN U29308DL2007PTC162205
Registration Number 162205
Incorporation Date 18 April 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    C – 69 – 70 M F/F Sainik Nagar Uttam Nagar, New Delhi, Delhi, India – 110059
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Akash Electrotek Engineers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Akash Electrotek Engineers Private Limited

The main business activities of Akash Electrotek Engineers are construction and trade. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities and wholesale trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction ActivitiesLocked
GTradeG1Wholesale TradingLocked
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Financials of Akash Electrotek Engineers Private Limited FY 2018 filings available

Akash Electrotek Engineers Private Limited reported revenue of ₹2.36 Cr (down 27% YoY) for FY 2018.

Revenue · FY 2018
₹2.36 Cr ▼ 27%
Net profit · FY 2018
₹3.07 Lakh margin 1.3%
EBITDA · FY 2018
₹17.84 Lakh margin 7.6%

Compounded Annual Growth Rate (CAGR) of Akash Electrotek Engineers Private Limited

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 2%

Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 27% fall in the latest year. EBITDA fell 22% 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 Akash Electrotek Engineers Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹2.36 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹17.84 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹3.07 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 of Akash Electrotek Engineers Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin7.6%••••••••••••
Net Profit Margin1.3%••••••••••••
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••••••••••••••••

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 Akash Electrotek Engineers are in the company report.

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Financial statements from 2015

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Peer Comparison of Akash Electrotek Engineers Private Limited

Akash Electrotek Engineers Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nice Telecommunications Private Limited₹2.36 Cr (FY 2022)••••••••176.0%••••Jaipur, Rajasthan, India
R.K. Tradelectricals Private Limited₹2.36 Cr (FY 2023)••••••••-84.0%••••Kanpur, Uttar Pradesh, India
Careems Electrical Contractors and Engineering Private Limited₹2.36 Cr (FY 2024)••••••••-37.0%••••Ernakulam, Kerala, India
Citadel Controls Private Limited₹2.36 Cr (FY 2024)••••••••-28.0%••••Chennai, Tamil Nadu, India
Incell Technologies Private Limited₹2.36 Cr (FY 2025)••••••••4.0%••••New Delhi, Delhi, India
Akash Electrotek Engineers Private Limited this company₹2.36 Cr (FY 2018)••••••••-27.0%••••New Delhi, Delhi, India
Ahan Energy Solutions Private Limited₹2.36 Cr (FY 2025)••••••••••••Pune, Maharashtra, India
A.B. Gensets Private Limited₹2.36 Cr (FY 2025)••••••••52.0%••••Pune, Maharashtra, India
Hertel Industries Private Limited₹2.36 Cr (FY 2025)••••••••43.0%••••Gandhinagar, Gujarat, India
Neel Industrial Systems Private Limited₹2.35 Cr (FY 2025)••••••••38.0%••••Mumbai, Maharashtra, India
Refex Green Power Limited₹2.35 Cr (FY 2025)••••••••-68.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Akash Electrotek Engineers by revenue in the Power industry (EPC, BoP and BTG, Electronic Appliances Retail and Distribution), 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 Akash Electrotek Engineers Private Limited

Akash Electrotek Engineers Private Limited is audited by GAURAV ASHOK JAIN & ASSOCIATES for the financial year 2018.

NameStatusAppointment DateCessation Date
GAURAV ASHOK JAIN & ASSOCIATESLockedLockedLocked
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Board of Directors of Akash Electrotek Engineers Private Limited

Akash Electrotek Engineers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sher MohammadDirector26 Sep 20206 Years 0 MonthsCurrent
Sandeep SharmaDirector18 Apr 201511 Years 5 MonthsCurrent

Ownership and Shareholding of Akash Electrotek Engineers Private Limited

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Charges & Borrowings of Akash Electrotek Engineers Private Limited

Open charges
₹2.2 Cr
Satisfied charges
₹5.51 Cr
Breakdown by lending institutions
Icici Bank Limited₹1.20 Cr
Others₹0.95 Cr
Intec Capital Limited₹0.05 Cr
Latest charge details
DateLenderAmountStatus
13 Feb 2017Others₹95 LakhOpen
29 Oct 2013Intec Capital Limited₹5.18 LakhOpen
18 Jan 2011Icici Bank Limited₹1.2 CrOpen
06 Oct 2015Standard Chartered Bank₹15 LakhSatisfied
12 Aug 2013Standard Chartered Bank₹2 CrSatisfied

Total charge records: 10 View all charges

Employees and EPFO Compliance at Akash Electrotek Engineers Private Limited

Akash Electrotek Engineers Private Limited has a workforce of 5 employees as of Apr 06, 2024.

Employee count
5
Active EPFO establishments
1
Employee growth
-37.5%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Akash Electrotek Engineers Private Limited

Akash Electrotek Engineers Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Kumud Singh ceased to be Director on 26 Sep 2020.

Ceased
Kumud Singh ceased to be Director.
Appointed
Sher Mohammad was appointed as Director.
Ceased
Kuldeep Kumar Brahmanand Gautam ceased to be Director.
AGM
Akash Electrotek Engineers Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Filing
Akash Electrotek Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi.
Charges
A charge registered on 06 Oct 2015 via Charge ID 10596521 with Standard Chartered Bank was fully satisfied on 10 Mar 2017.
Charges
A charge registered on 12 Aug 2013 via Charge ID 10442197 with Standard Chartered Bank was fully satisfied on 10 Mar 2017.
Charges
A charge registered on 20 May 2013 via Charge ID 10428226 with Standard Chartered Bank was fully satisfied on 10 Mar 2017.
Charges
A charge with Others amounted to Rs. 95.00 Lakh with Charge ID 100087215 was registered on 13 Feb 2017.
Charges
A charge with Standard Chartered Bank of Rs. 100.00 Lakh registered on 20 May 2013 with Charge ID 10428226 was modified on 07 Oct 2015.
Charges
A charge with Standard Chartered Bank amounted to Rs. 15.00 Lakh with Charge ID 10596521 was registered on 06 Oct 2015.
Appointed
Sandeep Sharma was appointed as Director.

16 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Akash Electrotek Engineers Private Limited

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MSME Payment Delays by Akash Electrotek Engineers Private Limited

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Subsidiaries & Group Companies of Akash Electrotek Engineers Private Limited

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GST Compliance of Akash Electrotek Engineers Private Limited

Akash Electrotek Engineers has 9 GST registrations: 1 active and 8 cancelled or inactive.

Total GSTINs
9
Active
1
Cancelled / inactive
8
GSTINStateStatusRegistered on
06AAGCA2773B2Z1HaryanaActive14 Dec 2021
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MCA Filings & Documents of Akash Electrotek Engineers Private Limited

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Frequently Asked Questions about Akash Electrotek Engineers Private Limited

Akash Electrotek Engineers is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 April 2007 (19+ years old) and is registered under CIN U29308DL2007PTC162205.

Akash Electrotek Engineers reported revenue of ₹2.36 Cr for FY 2018 (down 27% YoY).

Akash Electrotek Engineers has 2 current directors:

Akash Electrotek Engineers reported a net profit of ₹3.07 Lakh (net margin 1.3%) and EBITDA of ₹17.84 Lakh (EBITDA margin 7.6%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Akash Electrotek Engineers is -19% over three years. In the latest year (FY 2018) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Akash Electrotek Engineers is 06AAGCA2773B2Z1, registered in Haryana. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.

The CIN (Corporate Identification Number) of Akash Electrotek Engineers is U29308DL2007PTC162205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akash Electrotek Engineers has 17 court cases on record: 3 filed by the company and 13 filed against it. 2 are pending. Most are in the district courts.

Akash Electrotek Engineers was incorporated on 18 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Akash Electrotek Engineers by revenue are Nice Telecommunications Private Limited, R.K. Tradelectricals Private Limited, Careems Electrical Contractors and Engineering Private Limited, Citadel Controls Private Limited, Incell Technologies Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Electronic Appliances Retail and Distribution).

Kumud Singh ceased to be Director on 26 Sep 2020. Sher Mohammad was appointed as Director on 26 Sep 2020. Kuldeep Kumar Brahmanand Gautam ceased to be Director on 10 Oct 2018. Akash Electrotek Engineers has 6 board changes on record in total.

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