DPIIT recognised startup Government of India
Startup India
Belito Creation India Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.73 Cr
▲ 129% YoY
Net loss · FY 2024
₹5.24 Cr
Net margin -28%
EBITDA · FY 2024
-₹1.32 Cr
EBITDA margin -7.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.75 Cr
Issued & subscribed
Open charges
₹22.79 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
1
Provident fund records
About Belito Creation India Private Limited
Data last updated:
Belito Creation India Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2020PTC338226. Its GSTIN is 27AAICB9411D1ZU (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.75 Cr. It is led by directors Bhavna Virji Shah Karia and Divyesh Madhukant Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flatno.701 Pushpa Kunj Vaibhav Chslpatel Wadi Svrd Hinal Heritage Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.73 Cr, a growth of 129% compared to the previous year. For the same year it recorded a net loss of ₹5.24 Cr (net margin -28%) and EBITDA of -₹1.32 Cr (EBITDA margin -7.1%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.79 Cr on record.
Belito Creation India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0031777). For more details, the company can be reached via its website belito.co.in.
Company details
CIN U36999MH2020PTC338226
Registration Number 338226
Incorporation Date 25 February 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0031777
Recognitions & Rankings of Belito Creation India
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0031777
Contact details
Belito Creation India Private Limited's registered office is in Mumbai, Maharashtra. Its website is belito.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlatno.701 Pushpa Kunj Vaibhav Chslpatel Wadi Svrd Hinal Heritage Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Belito Creation India Private Limited, buy the company report.
Comprehensive company report
Belito Creation India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Belito Creation India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Belito Creation India Private Limited, buy the company report.
Financials of Belito Creation India Private Limited
FY 2024 filings availableBelito Creation India Private Limited reported revenue of ₹18.73 Cr (up 129% YoY) for FY 2024.
Revenue · FY 2024
₹18.73 Cr ▲ 129%
Net loss · FY 2024
₹5.24 Cr margin -28%
EBITDA · FY 2024
-₹1.32 Cr margin -7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 129%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▼ 249%
Revenue rose 129% in the latest year. EBITDA rose 70% 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
| 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 | -₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.24 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.1% | ||||
| Net Profit Margin | -28% | ||||
| 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 Belito Creation India Private Limited, buy the company report.
Board of directors of Belito Creation India Private Limited
Belito Creation India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Virji Shah Karia Also directs: Inque Overseas LLP, Rioo Digital (India) Private Limited, Red Plus Interiors India Private Limited and 5 more | Director | 25 Feb 2020 | 6 Years 8 Months | Current |
| Divyesh Madhukant Shah | Director | 25 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Belito Creation India Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supereq Systems Private Limited | ₹18.96 Cr (FY 2024) | 18.0% | New Delhi, Delhi, India | |||
| Reactive Polymers Limited | ₹18.83 Cr (FY 2025) | -2.0% | Bharuch, Gujarat, India | |||
| Jayant Furnishers Private Limited | ₹18.73 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Belito Creation India Private Limitedthis company | ₹18.73 Cr (FY 2024) | -₹5.24 Cr | -28% | 129.0% | 1 | Mumbai, Maharashtra, India |
| Standard Information Services Private Limited | ₹18.63 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India | |||
| Sofakings Private Limited | ₹18.63 Cr (FY 2025) | 138.0% | Chennai, Tamil Nadu, India | |||
| Craftred Designs Private Limited | ₹18.43 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Belito Creation India Private Limited, buy the company report.
Auditor
Belito Creation India Private Limited is audited by Bhavin Shah Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhavin Shah Associates | FY 2023 | 115668W |
Shareholding
The shareholding of Belito Creation India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Belito Creation India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.79 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2022 | 100626250 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 26 Jul 2022 | 100597774 | Hdfc Bank Limited | ₹22.69 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Belito Creation India Private 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 Belito Creation India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Belito Creation India Private Limited has a workforce of 1 employees on its EPFO records as of Jul 2025, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-99.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 1 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Belito Creation India Private Limited, buy the company report.
GST
Belito Creation India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICB9411D1ZU | Maharashtra | Active | 13 Apr 2020 |
| 24AAICB9411D1Z0 | Gujarat | Active | 09 Jan 2021 |
| 24AAICB9411D2ZZ | Gujarat | Active | 27 Jul 2021 |
To see the full GST registrations and return filing status of Belito Creation India Private Limited, buy the company report.
Recent activity
Belito Creation India Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Jayshree Divyesh Shah ceased to be Director on 31 Dec 2024.
Ceased
Jayshree Divyesh Shah ceased to be Director.
Ceased
Rupa Virji Shah Karia ceased to be Director.
AGM
Belito Creation India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Belito Creation India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100626250 was registered on 01 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.69 Cr with Charge ID 100597774 was registered on 26 Jul 2022.
Ceased
Komal Rushabh Shah ceased to be Additional Director.
Appointed
Bhavna Virji Shah Karia was appointed as Director.
Appointed
Divyesh Madhukant Shah was appointed as Director.
Incorporation
25 Feb 2020
Belito Creation India Private Limited was registered on 25 Feb 2020 with Roc Mumbai I & aged 6 years 8 months as per MCA records.
Frequently asked questions
Belito Creation India is an active private limited company based in Mumbai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 February 2020 (6+ years old) and is registered under CIN U36999MH2020PTC338226.
Belito Creation India has 2 current directors:
- Bhavna Virji Shah Karia - Director
- Divyesh Madhukant Shah - Director
The latest financial statements of Belito Creation India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Belito Creation India is 27AAICB9411D1ZU, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAICB9411D1Z0 (Gujarat), 24AAICB9411D2ZZ (Gujarat).
The CIN (Corporate Identification Number) of Belito Creation India is U36999MH2020PTC338226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Belito Creation India was incorporated on 25 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Belito Creation India by revenue are Supereq Systems Private Limited, Reactive Polymers Limited, Jayant Furnishers Private Limited, Standard Information Services Private Limited, Sofakings Private Limited and 1 more, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Jayshree Divyesh Shah ceased to be Director on 31 Dec 2024. Rupa Virji Shah Karia ceased to be Director on 31 Dec 2024. Komal Rushabh Shah ceased to be Additional Director on 30 Nov 2021. Belito Creation India has 5 board changes on record in total.
Yes, Belito Creation India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Belito Creation India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0031777).
Belito Creation India can be reached through the website belito.co.in. Its registered office is in Mumbai, Maharashtra, India.
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