Clearline Appliances Ltd - consumer electronics & durables in Himachal Pradesh, India. FY 2026 financials & compliance.
CIN U29308HP1987PLC007557 Incorporated 16 July 1987 ROC Himachal Pradesh HQ Himachal Pradesh, India
Active Public Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2025
₹14.53 Cr
▲ 6% YoY
Net profit · FY 2025
₹2.13 Cr
Net margin 14.7%
EBITDA · FY 2025
₹3 Cr
EBITDA margin 20.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹7.85 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
14
Provident fund records

About Clearline Appliances Ltd

Data last updated:

Clearline Appliances Ltd is a public limited company based in Himachal Pradesh, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 16 July 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U29308HP1987PLC007557. Its GSTIN is 02AAACC6058M1ZP (Himachal Pradesh). The company holds 5 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sanjay Mehtani and Arun Mehtani.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 46 Sector 1 Parwanoo Solan, Himachal Pradesh, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹14.53 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.13 Cr (net margin 14.7%) and EBITDA of ₹3 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.

The company has about 14 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: Clearline Appliances and Clearline. As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹7.85 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Clearline Appliances Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0000227). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clearline.co.in.

Company details

CIN U29308HP1987PLC007557
Registration Number 007557
Incorporation Date 16 July 1987
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HP-11-0000227

CIN history

Clearline Appliances has one previous CIN (Corporate Identification Number): L29308HP1987PLC007557. The current CIN is U29308HP1987PLC007557, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29308HP1987PLC007557Current
L29308HP1987PLC007557Previous

Recognitions & Rankings of Clearline Appliances

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-HP-11-0000227

Contact details

Clearline Appliances Ltd's registered office is in Himachal Pradesh. Its website is clearline.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    46 Sector 1 Parwanoo Solan, Himachal Pradesh, India
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Clearline Appliances Ltd, buy the company report.

Comprehensive company report
Clearline Appliances Ltd - 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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Brands

Clearline Appliances operates two associated brands: Clearline Appliances and Clearline. Each brand links to its own profile.

BrandDescriptionWebsite
Home appliances, including kitchen tools and heaters, are manufactured and sold by CLEARLINE in India.clearline.co.in
Home appliances manufacturing and sales, focusing on kitchen and heating products in India.clearlineappliances.com

Business activity

The main business activity of Clearline Appliances is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Clearline Appliances Ltd, buy the company report.

Financials of Clearline Appliances Ltd

FY 2025 filings available

Clearline Appliances Ltd reported revenue of ₹14.53 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹14.53 Cr ▲ 6%
Net profit · FY 2025
₹2.13 Cr margin 14.7%
EBITDA · FY 2025
₹3 Cr margin 20.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 6%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 5%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 6% growth in the latest year. EBITDA rose 16% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹3 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.13 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin20.7%
Net Profit Margin14.7%
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 Clearline Appliances Ltd, buy the company report.

Board of directors of Clearline Appliances Ltd

Clearline Appliances has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay MehtaniDirector05 Oct 201016 Years 0 MonthsCurrent
Arun MehtaniDirector16 Jul 198739 Years 3 MonthsCurrent
Nikhil MehtaniDirector05 Mar 20224 Years 7 MonthsCurrent

Auditor

Clearline Appliances Ltd is audited by P K VASUDEVA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P K VASUDEVA & COFY 2023000724N

Shareholding

The shareholding of Clearline Appliances Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Clearline Appliances Ltd, buy the company report.

Charges & borrowings

Open charges
₹4 Cr
Satisfied charges
₹7.85 Cr
Breakdown by lending institutions
Others₹3.00 Cr
Indian Overseas Bank₹0.95 Cr
The Federal Bank Limited₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jun 2022100595215Others₹3 CrOpen
16 Dec 201310470865Indian Overseas Bank₹95 LakhOpen
30 Jan 201310413001The Federal Bank Limited₹5.35 LakhOpen
27 Dec 2024101030144Others₹2.85 CrSatisfied
05 Mar 201110282524The Federal Bank Ltd₹3 CrSatisfied

To see the full charge records of Clearline Appliances Ltd, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Clearline Appliances Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Clearline Appliances has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mehtani Holdings Pvt LtdU65921CH1989PTC009794

To see the full group structure of Clearline Appliances Ltd, buy the company report.

Employees & EPFO

Clearline Appliances Ltd has a workforce of 14 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1
Employee growth
-6.67%

GST

Clearline Appliances has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
02AAACC6058M1ZPHimachal PradeshActive01 Jul 2017
03AAACC6058M1ZNPunjabActive01 Jul 2017
04AAACC6058M1ZLChandigarhActive01 Jul 2017
29AAACC6058M1Z9KarnatakaActive11 Jul 2020

To see the full GST registrations and return filing status of Clearline Appliances Ltd, buy the company report.

Recent activity

Clearline Appliances Ltd has 10 board changes on record since 1987: 3 appointments and 7 cessations. The latest: Nikhil Mehtani ceased to be Additional Director on 04 Mar 2023.

Charges
A charge registered on 27 Dec 2024 via Charge ID 101030144 with Others was fully satisfied on 16 Dec 2025.
AGM
Clearline Appliances Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Clearline Appliances Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Charges
A charge with Others amounted to Rs. 285.00 Lakh with Charge ID 101030144 was registered on 27 Dec 2024.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 28 Jun 2022 with Charge ID 100595215 was modified on 10 Apr 2024.
Ceased
Nikhil Mehtani ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100595215 was registered on 28 Jun 2022.
Ceased
Naresh Rattan Mehtani ceased to be Managing Director.
Appointed
Nikhil Mehtani was appointed as Director.
Ceased
Poshan Kumar Chandra ceased to be Additional Director.
Charges
A charge registered on 05 Mar 2011 via Charge ID 10282524 with The Federal Bank Ltd was fully satisfied on 07 Mar 2014.
Charges
A charge registered on 23 Feb 2010 via Charge ID 10210619 with The Federal Bank Limited was fully satisfied on 07 Mar 2014.

11 earlier events are in the company report.

Frequently asked questions

Clearline Appliances is an active public limited company based in Himachal Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 16 July 1987 (39+ years old) and is registered under CIN U29308HP1987PLC007557.

Clearline Appliances has 3 current directors:

The latest financial statements of Clearline Appliances on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Clearline Appliances is 02AAACC6058M1ZP, registered in Himachal Pradesh. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAACC6058M1ZN (Punjab), 04AAACC6058M1ZL (Chandigarh), 29AAACC6058M1Z9 (Karnataka).

The CIN (Corporate Identification Number) of Clearline Appliances is U29308HP1987PLC007557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Clearline Appliances has 1 court case on record: 1 filed by the company.

Clearline Appliances was incorporated on 16 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.

Nikhil Mehtani ceased to be Additional Director on 04 Mar 2023. Naresh Rattan Mehtani ceased to be Managing Director on 07 Mar 2022. Nikhil Mehtani was appointed as Director on 05 Mar 2022. Clearline Appliances has 10 board changes on record in total.

Yes, Clearline Appliances is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0000227).

Clearline Appliances can be reached through the website clearline.co.in. Its registered office is in Himachal Pradesh, India.