Homeelectricindia

Noida, India Founded: 2013 • Age: 13 yrs
Electrical switches and other component manufacturer

About Homeelectricindia

Homeelectricindia was a Consumer company based in Noida (India) founded in 2013. Electrical switches and other component manufacturer. It operates on a Household Durables model. The company has 13 employees. Its Indian entity Home Electric (India) Private Limited reported revenue of β‚Ή42.25 Cr. The company is recorded as dissolved. Homeelectricindia offers products and services including Homeelectricindia Platform. Its focus areas include Consumer Goods, Household Durables, Lighting and Electrical Products and Brands.

Company details

Homeelectricindia operates with a Household Durables model, focusing on producing consumer products, household durables, household durables, and producing consumer products. Electrical switches and other component manufacturer. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Key Metrics
  • Annual Revenue
    ₹42.25 Cr

    FY 2024 · +72% YoY

  • Net Profit
    ₹53.5 Lakh

    FY 2024 · 1% margin

  • EBITDA
    ₹89.5 Lakh

    FY 2024 · 2% margin

  • Employee Count
    13

Products & Services of Homeelectricindia

Homeelectricindia offers a comprehensive portfolio of products and services, including Homeelectricindia Platform.

Homeelectricindia Platform
Consumer Goods

Electrical switches and other component manufacturer

Board of directors of Home Electric (India) Private Limited (Homeelectricindia)

Home Electric (India) Private Limited is the primary company behind Homeelectricindia. The board of Home Electric (India) Private Limited currently have 2 directors; the longest-serving is Narender Singh Bhati, appointed in 2020. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Narender Singh Bhati
DIN 08892650
Director27 Sep 20206 yrs 1 moHome Electric (India) Private Limited
Naresh Kumar
DIN 09149684
Director19 Apr 20215 yrs 6 moHome Electric (India) Private Limited

Financials of Homeelectricindia

Figures of Home Electric (India) Private Limited, the primary company behind Homeelectricindia, for FY 2024. Revenue was ₹42.25 Cr (+72% year on year). Net profit was ₹53.5 Lakh (1% margin). EBITDA was ₹89.5 Lakh (2% margin). Revenue has grown at a compounded annual rate of +21% over three years and +26% over five years.

  • ₹42.25 CrRevenue · FY 2024 · +72% YoY
  • ₹53.5 LakhNet profit · 1% margin
  • ₹89.5 LakhEBITDA · 2% margin
  • ₹10.3 LakhPaid-up capital
  • 13Employees (provident fund records)
  • +21%Revenue CAGR, 3 years
  • +26%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Home Electric (India) Private Limited are on its company page.

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Detailed financial statements for Homeelectricindia

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Top companies in Home & Living Products

3 companies that operate in the same segment as Homeelectricindia (Home & Living Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Multi-category products are rented via subscription model.
2014Bengaluru, Karnataka, IndiaUSD 58.71 MUSD 14.82 M422
Internet-first brand offering multi-category home furniture
2012Bengaluru, Karnataka, IndiaUSD 108.06 MUSD 35.34 B43,024
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Frequently Asked Questions about Homeelectricindia

Homeelectricindia was founded in 2013.

Homeelectricindia is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Homeelectricindia has 13 employees.

The primary company behind Homeelectricindia, Home Electric (India) Private Limited, reported revenue of β‚Ή42.25 Cr for FY 2024, up 72% year on year.

Homeelectricindia operates with a Household Durables model, focusing on producing consumer products, household durables, household durables, and producing consumer products. Electrical switches and other component manufacturer. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Homeelectricindia offers Homeelectricindia Platform.

Homeelectricindia operates through Home Electric (India) Private Limited.

The legal entities of Homeelectricindia currently have 2 directors, including Narender Singh Bhati, Naresh Kumar.

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