Bhavik Electronics Private Limited
About Bhavik Electronics Private Limited
Data last updated:
Bhavik Electronics Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 08 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC268221. Its GSTIN is 27AAGCB4207M1ZL (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Bhavik Ramchandra Kothari and Avinash Ramchandra Kothari.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at S .No. 8 Rushabh Chs Ltd Plot No 1102 Ambe Smruti Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2022, the company reported a revenue of ₹42.93 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7,237 (net margin 0.2%) and EBITDA of ₹21,895 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 102% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressS .No. 8 Rushabh Chs Ltd Plot No 1102 Ambe Smruti Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Bhavik Electronics Private Limited
The main business activity of Bhavik Electronics is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bhavik Electronics Private Limited FY 2022 filings available
Bhavik Electronics Private Limited reported revenue of ₹42.93 Lakh (up 241% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Bhavik Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 102% over five years, including 241% growth in the latest year. EBITDA rose 11% 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 Bhavik Electronics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹21,895 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7,237 | •••• | •••• | •••• | •••• |
| 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 of Bhavik Electronics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bhavik Electronics are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Bhavik Electronics Private Limited
Bhavik Electronics Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| W-Lifestyle India Private Limited | ₹43.38 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Solo Electronic Appliances Private Limited | ₹43.36 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Navi Mumbai, Maharashtra, India |
| Arihan Solar Private Limited | ₹43.22 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| National Telecom of India Limited | ₹43.22 Lakh (FY 2025) | •••• | •••• | 3977.0% | •••• | Nashik, Maharashtra, India |
| Vinu Exports (India) Private Limited | ₹43.12 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Bhavik Electronics Private Limited this company | ₹42.93 Lakh (FY 2022) | •••• | •••• | 241.0% | •••• | Mumbai, Maharashtra, India |
| Rapid Era Private Limited | ₹42.81 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Amplifii Electronics Private Limited | ₹42.8 Lakh (FY 2018) | •••• | •••• | •••• | Kaushambi, Uttar Pradesh, India | |
| FMZ Engineering Private Limited | ₹42.78 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Aircycle Systems and Projects India Private Limited | ₹42.63 Lakh (FY 2020) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Ond Electronics Private Limited | ₹42.63 Lakh (FY 2022) | •••• | •••• | 365.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Bhavik Electronics by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bhavik Electronics Private Limited
Bhavik Electronics Private Limited is audited by RAHUL GAIKAR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAHUL GAIKAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bhavik Electronics Private Limited
Bhavik Electronics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik Ramchandra Kothari | Director | 08 Sep 2015 | 11 Years 1 Months | Current |
| Avinash Ramchandra Kothari | Director | 08 Sep 2015 | 11 Years 1 Months | Current |
Ownership and Shareholding of Bhavik Electronics Private Limited
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 Bhavik Electronics Private Limited
Bhavik Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bhavik Electronics Private Limited
Employment history and EPFO contributions of people linked to Bhavik Electronics.
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 Bhavik Electronics Private Limited
Bhavik Electronics Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Avinash Ramchandra Kothari was appointed as Director on 08 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Bhavik Electronics Private Limited
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 Bhavik Electronics Private Limited
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 Bhavik Electronics Private Limited
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 Bhavik Electronics Private Limited
Bhavik Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB4207M1ZL | Maharashtra | Active | 17 Jan 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 Bhavik Electronics Private Limited
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 Bhavik Electronics Private Limited
Bhavik Electronics is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 08 September 2015 (11+ years old) and is registered under CIN U74120MH2015PTC268221.
Bhavik Electronics reported revenue of ₹42.93 Lakh for FY 2022 (up 241% YoY).
Bhavik Electronics has 2 current directors:
- Bhavik Ramchandra Kothari - Director
- Avinash Ramchandra Kothari - Director
Bhavik Electronics reported a net profit of ₹7,237 (net margin 0.2%) and EBITDA of ₹21,895 (EBITDA margin 0.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhavik Electronics is -5% over three years and 102% over five years. In the latest year (FY 2022) revenue rose 241%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhavik Electronics is 27AAGCB4207M1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bhavik Electronics is U74120MH2015PTC268221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavik Electronics was incorporated on 08 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bhavik Electronics by revenue are W-Lifestyle India Private Limited, Solo Electronic Appliances Private Limited, Arihan Solar Private Limited, National Telecom of India Limited, Vinu Exports (India) Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Avinash Ramchandra Kothari was appointed as Director on 08 Sep 2015. Bhavik Ramchandra Kothari was appointed as Director on 08 Sep 2015.
Yes, Bhavik Electronics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).