MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0160143
Bhavik and Niraj Energy Private Limited - consumer electronics & durables in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.07 Cr
▼ 12% YoY
Net profit · FY 2024
₹32.52 Lakh
Net margin 15.7%
EBITDA · FY 2024
₹1.78 Cr
EBITDA margin 85.6%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹20.75 Cr
Satisfied ₹1.5 Cr
Company age
15 yrs
Est. 2011
Directors on board
4
As per MCA filings
About Bhavik and Niraj Energy Private Limited
Data last updated:
Bhavik and Niraj Energy Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31401MH2011PTC216181. Its GSTIN is 27AAECB5115G1ZZ (Maharashtra).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Bhavik Energy Private Limited. It is led by directors including Pinkesh Bhupendra Shah and Niraj Prafulla 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 Shop No 9 And 10 Gymkhana Shopping Centre Shivaji Road, Nashik, Maharashtra, India – 422001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.07 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹32.52 Lakh (net margin 15.7%) and EBITDA of ₹1.78 Cr (EBITDA margin 85.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹20.75 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
Bhavik and Niraj Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0160143). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhavikgroup.com.
Company details
CIN U31401MH2011PTC216181
Registration Number 216181
Incorporation Date 13 April 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0160143
Recognitions & Rankings of Bhavik and Niraj Energy
Contact details
Bhavik and Niraj Energy Private Limited's registered office is in Nashik, Maharashtra. Its website is bhavikgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No 9 And 10 Gymkhana Shopping Centre Shivaji Road, Nashik, Maharashtra, India – 422001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Bhavik and Niraj Energy Private Limited, buy the company report.
Comprehensive company report
Bhavik and Niraj Energy 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 Bhavik and Niraj Energy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bhavik and Niraj Energy Private Limited, buy the company report.
Financials of Bhavik and Niraj Energy Private Limited
FY 2024 filings availableBhavik and Niraj Energy Private Limited reported revenue of ₹2.07 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹2.07 Cr ▼ 12%
Net profit · FY 2024
₹32.52 Lakh margin 15.7%
EBITDA · FY 2024
₹1.78 Cr margin 85.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 6%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 5%
5 years · compounded
▲ 11%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 14% 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 | ₹1.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.52 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.6% | ||||
| Net Profit Margin | 15.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Bhavik and Niraj Energy Private Limited, buy the company report.
Board of directors of Bhavik and Niraj Energy Private Limited
Bhavik and Niraj Energy has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pinkesh Bhupendra Shah | Director | 13 Apr 2011 | 15 Years 6 Months | Current |
| Niraj Prafulla Shah | Director | 19 Apr 2017 | 9 Years 6 Months | Current |
| Anita Niraj Shah | Director | 19 Apr 2017 | 9 Years 6 Months | Current |
| Sangita Bhupendra Shah Also directs: Bhavik Realtors LLP, Bhavik Landmark LLP, Bhavik Buildestate Private Limited and 2 more | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Bhavik and Niraj Energy Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abheera Innovations Private Limited | ₹2.08 Cr (FY 2025) | 56.0% | Lucknow, Uttar Pradesh, India | |||
| Bhavik and Niraj Energy Private Limitedthis company | ₹2.07 Cr (FY 2024) | ₹32.52 Lakh | 15.7% | -12.0% | Nashik, Maharashtra, India | |
| Switch-O-Matics (India) Private Limited | ₹2.07 Cr (FY 2019) | -31.0% | Mumbai, Maharashtra, India | |||
| Ivk Mobile Private Limited | ₹2.07 Cr (FY 2015) | -83.0% | New Delhi, Delhi, India |
To see the full peer comparison of Bhavik and Niraj Energy Private Limited, buy the company report.
Auditor
Bhavik and Niraj Energy Private Limited is audited by S N S S & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N S S & ASSOCIATES | FY 2022 | 146899W |
Shareholding
The shareholding of Bhavik and Niraj Energy Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhavik and Niraj Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.75 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2018 | 100223498 | Others | ₹18.75 Cr | Open | |
| 16 Apr 2018 | 100176364 | Others | ₹2 Cr | Open | |
| 14 May 2013 | 10427876 | Jankalyan Co-Op Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Bhavik and Niraj Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bhavik and Niraj Energy Private Limited has 3 court cases on record: 2 filed by Bhavik and Niraj Energy, 1 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Asst Commissioner of Income Tax Central Circle 2 Nashik and Ors and 2 others | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Assistant Commissioner of Income Tax | Disposed |
To see the full case history of Bhavik and Niraj Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhavik and Niraj Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhavik and Niraj Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB5115G1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhavik and Niraj Energy Private Limited, buy the company report.
Recent activity
Bhavik and Niraj Energy Private Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Sangita Bhupendra Shah ceased to be Additional Director on 28 Sep 2019.
AGM
Bhavik And Niraj Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 18.75 Cr registered on 30 Nov 2018 with Charge ID 100223498 was modified on 30 Sep 2024.
Filing
Bhavik And Niraj Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Ceased
Sangita Bhupendra Shah ceased to be Additional Director.
Ceased
Bhavik Bhupendra Shah ceased to be Director.
Appointed
Sangita Bhupendra Shah was appointed as Director.
Charges
A charge with Others amounted to Rs. 18.75 Cr with Charge ID 100223498 was registered on 30 Nov 2018.
Ceased
Anita Niraj Shah ceased to be Additional Director.
Ceased
Niraj Prafulla Shah ceased to be Additional Director.
Charges
A charge registered on 14 May 2013 via Charge ID 10427876 with Jankalyan Co-Op Bank Limited was fully satisfied on 16 May 2018.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100176364 was registered on 16 Apr 2018.
Appointed
Anita Niraj Shah was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Bhavik and Niraj Energy is an active private limited company based in Nashik, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 April 2011 (15+ years old) and is registered under CIN U31401MH2011PTC216181.
Bhavik and Niraj Energy has 4 current directors:
- Pinkesh Bhupendra Shah - Director
- Niraj Prafulla Shah - Director
- Anita Niraj Shah - Director
- Sangita Bhupendra Shah - Director
The latest financial statements of Bhavik and Niraj Energy 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 2015 are in the company report.
The GSTIN of Bhavik and Niraj Energy is 27AAECB5115G1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bhavik and Niraj Energy is U31401MH2011PTC216181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavik and Niraj Energy has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Bhavik and Niraj Energy was incorporated on 13 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bhavik and Niraj Energy by revenue are Abheera Innovations Private Limited, Switch-O-Matics (India) Private Limited, Ivk Mobile Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Sangita Bhupendra Shah ceased to be Additional Director on 28 Sep 2019. Bhavik Bhupendra Shah ceased to be Director on 16 Jan 2019. Sangita Bhupendra Shah was appointed as Director on 16 Jan 2019. Bhavik and Niraj Energy has 8 board changes on record in total.
Yes, Bhavik and Niraj Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0160143).
Bhavik and Niraj Energy can be reached through the website bhavikgroup.com. Its registered office is in Nashik, Maharashtra, India.
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