Bhagyalaxmi Kitchenware LLP
About Bhagyalaxmi Kitchenware LLP
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Bhagyalaxmi Kitchenware LLP is a limited liability partnership (LLP) based in Vasai East, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 June 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAM-8847. Its GSTIN is 27AATFB6856C1Z4 (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners Prabhubhai Kasturji Tak and Praveen Prabhu Tak.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Survey No 56/3 Kumavat Ind Estate Gala No 11, Vasai East, Maharashtra, India – 401208.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹6.9 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹66,625 (net margin 0.1%) and EBITDA of ₹19.81 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The LLP has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹77 Lakh on record.
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- Registered AddressSurvey No 56/3 Kumavat Ind Estate Gala No 11, Vasai East, Maharashtra, India – 401208
- 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
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Financials of Bhagyalaxmi Kitchenware LLP FY 2024 filings available
Bhagyalaxmi Kitchenware LLP reported revenue of ₹6.9 Cr (down 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bhagyalaxmi Kitchenware LLP
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 26% fall in the latest year. EBITDA fell 56% 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 Bhagyalaxmi Kitchenware LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹66,625 | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bhagyalaxmi Kitchenware LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Bhagyalaxmi Kitchenware are in the company report.
Financial statements from FY 2019
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.
Designated Partners of Bhagyalaxmi Kitchenware LLP
Bhagyalaxmi Kitchenware has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhubhai Kasturji Tak Also directs: Bhagyalaxmi Industries LLP | Designated Partner | 29 Jun 2018 | 8 Years 3 Months | Current |
| Praveen Prabhu Tak Also directs: Goldglory Exports Private Limited | Designated Partner | 29 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Bhagyalaxmi Kitchenware LLP
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 Bhagyalaxmi Kitchenware LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2018 | Kotak Mahindra Bank Limited | ₹77 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Bhagyalaxmi Kitchenware LLP
Bhagyalaxmi Kitchenware LLP has a workforce of 10 employees as of Apr 02, 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 Bhagyalaxmi Kitchenware LLP
Bhagyalaxmi Kitchenware LLP has 4 designated partner changes on record since 2018: 4 appointments. The latest: Laxman Kasturji Tak was appointed as Partner on 29 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for Bhagyalaxmi Kitchenware LLP
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 Bhagyalaxmi Kitchenware LLP
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 Bhagyalaxmi Kitchenware LLP
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 Bhagyalaxmi Kitchenware LLP
Bhagyalaxmi Kitchenware has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATFB6856C1Z4 | Maharashtra | Active | 04 Sep 2018 |
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 Bhagyalaxmi Kitchenware LLP
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 Bhagyalaxmi Kitchenware LLP
Bhagyalaxmi Kitchenware is an active limited liability partnership based in Vasai East, Maharashtra, India. The LLP works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 June 2018 (8+ years old) and is registered under LLPIN AAM-8847.
Bhagyalaxmi Kitchenware reported revenue of ₹6.9 Cr for FY 2023 (down 26% YoY).
Bhagyalaxmi Kitchenware has 2 current designated partners:
- Prabhubhai Kasturji Tak - Designated Partner
- Praveen Prabhu Tak - Designated Partner
Bhagyalaxmi Kitchenware reported a net profit of ₹66,625 (net margin 0.1%) and EBITDA of ₹19.81 Lakh (EBITDA margin 2.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhagyalaxmi Kitchenware is -20% over three years. In the latest year (FY 2023) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhagyalaxmi Kitchenware is 27AATFB6856C1Z4, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Bhagyalaxmi Kitchenware is AAM-8847. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Bhagyalaxmi Kitchenware was incorporated on 29 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxman Kasturji Tak was appointed as Partner on 29 Jun 2018. Prabhubhai Kasturji Tak was appointed as Designated Partner on 29 Jun 2018. Praveen Prabhu Tak was appointed as Designated Partner on 29 Jun 2018. Bhagyalaxmi Kitchenware has 4 designated partner changes on record in total.
The registered office of Bhagyalaxmi Kitchenware is at Survey No 563 Kumavat Ind Estate Gala No 11, Vasai East, Maharashtra, India – 401208.