About Starlite Lighting
Starlite Lighting is an Energy & Utilities company based in Nashik (India) founded in 2000, and was acquired by Bajaj Electricals in April 2021. LED lighting systems are manufactured by Starlite Lighting. The company has 722 employees. Its Indian entity Starlite Lighting Limited reported revenue of ₹198 Cr. Its focus areas include Energy and Energy Efficiency.
Company details
Starlite Lighting was established in 2000 in Nashik, India, where operations focus on the production of LED lighting systems. The company operates within the lighting sector, emphasizing manufacturing processes for various LED solutions. Key personnel, including Managing Director Ravi Bharati, oversee activities from the Nashik base. Distribution and services are managed regionally, supporting industrial and commercial applications in the Indian market.
- Headquarters Nashik, India
- Employees 722
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website starlitelighting.com
- Acquired by Bajaj Electricals (Apr 2021)
- Legal Name Starlite Lighting Limited
- Date of Incorporation 04 Jul, 1995
- Jurisdiction Wadivarhe, Maharashtra, India
- Annual Revenue₹198 Cr
FY 2022 · +6% YoY
- Net Loss-₹39.83 Cr
FY 2022 · -21% margin
- EBITDA₹24.92 Cr
FY 2022
- Investors
- Employee Count722
- Acquired byBajaj Electricals
(Apr 2021)
Associated legal entities of Starlite Lighting
Starlite Lighting operates through Starlite Lighting Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Starlite Lighting Limited CIN U31300MH1995PLC090213 | Amalgamated | 04 Jul 1995 | Wadivarhe, Maharashtra | ₹198 Cr | 722 | 7 | View details |
Investors in Starlite Lighting
Starlite Lighting has secured backing from 1 investor. Prominent investors backing the company include Bajaj Electricals.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Household durables are manufactured and branded globally. | 1938 | bajajelectricals.com | Mumbai, India |
Investor details for Starlite Lighting
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Board of directors of Starlite Lighting Limited (Starlite Lighting)
Starlite Lighting Limited is the primary company behind Starlite Lighting. The board of Starlite Lighting Limited currently have 5 directors; the longest-serving is Shekhar Bajaj, appointed in 2007. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shekhar Bajaj DIN 00089358 | Director | 25 Jun 2007 | 19 yrs 4 mo | Starlite Lighting Limited |
| Samir Dhirajlal Shrimankar DIN 02729100 | Director | 05 Nov 2015 | 11 yrs | Starlite Lighting Limited |
| Amit Bhalla DIN 08215712 | Director | 26 Oct 2018 | 8 yrs | Starlite Lighting Limited |
| Meeta Jaisingh Khalsa DIN 09087533 | Director | 28 Apr 2021 | 5 yrs 6 mo | Starlite Lighting Limited |
| Praveen Singh DIN 09471312 | Director | 28 Jan 2022 | 4 yrs 9 mo | Starlite Lighting Limited |
People of Starlite Lighting
1 people are tracked at Starlite Lighting (1 in leadership); the tracked headcount is 722.
| Name | Role | Group |
|---|---|---|
Ravi Bharati | Managing Director | Leadership |
Complete people profiles for Starlite Lighting
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Financials of Starlite Lighting
Figures of Starlite Lighting Limited, the primary company behind Starlite Lighting, for FY 2022. Revenue was ₹198 Cr (+6% year on year). Net loss was -₹39.83 Cr (-21% margin). EBITDA was ₹24.92 Cr. Revenue has grown at a compounded annual rate of +11% over three years.
- ₹198 CrRevenue · FY 2022 · +6% YoY
- -₹39.83 CrNet loss · -21% margin
- ₹24.92 CrEBITDA
- ₹102 CrPaid-up capital
- 722Employees (provident fund records)
- +11%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Starlite Lighting Limited are on its company page.
Detailed financial statements for Starlite Lighting
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Timeline of Starlite Lighting
2 dated milestones of Starlite Lighting across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Starlite Lighting is founded.
- Exit Acquired by Bajaj Electricals.
Top companies in Energy Efficiency & Conservation
2 companies that operate in the same segment as Starlite Lighting (Energy Efficiency & Conservation) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | USD 137.05 M | 1,840 | ||
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 |
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Related news about Starlite Lighting
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Frequently Asked Questions about Starlite Lighting
Starlite Lighting was founded in 2000.
Starlite Lighting is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
Starlite Lighting has 722 employees.
The primary company behind Starlite Lighting, Starlite Lighting Limited, reported revenue of ₹198 Cr for FY 2022, up 6% year on year.
Starlite Lighting was established in 2000 in Nashik, India, where operations focus on the production of LED lighting systems. The company operates within the lighting sector, emphasizing manufacturing processes for various LED solutions. Key personnel, including Managing Director Ravi Bharati, oversee activities from the Nashik base. Distribution and services are managed regionally, supporting industrial and commercial applications in the Indian market.
Starlite Lighting has 1 investor. Key investors include Bajaj Electricals.
Starlite Lighting operates through Starlite Lighting Limited.
Yes. Starlite Lighting was acquired by Bajaj Electricals in April 2021.
The legal entities of Starlite Lighting currently have 7 directors, including Amit Bhalla, Meeta Jaisingh Khalsa, Suhas Sakharam Wagh and others.