About Clivet Airconditioning Systems Private Limited
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Clivet Airconditioning Systems Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Clivet Spa. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2011FTC214021. Its GSTIN is 27AAECC3078P1Z5 (Maharashtra).
The company has an authorised share capital of ₹2.9 Cr and a paid-up capital of ₹2.64 Cr. It is led by directors Roberto Bello and Andrea Guderzo.
Its last annual general meeting (AGM) was held on 25 March 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹18.06 Cr. For the same year it recorded a net loss of ₹1.53 Cr (net margin -8.5%) and EBITDA of ₹43.84 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Clivet. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clivet.com.
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- Registered Address501/502 Commercial – I Kohinoor City Old Premier Compound Kirol Rd Off L.B.S.Marg Kurl, A West, Mumbai, Maharashtra, India – 400070
- 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
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Financials of Clivet Airconditioning Systems Private Limited FY 2024 filings available
Clivet Airconditioning Systems Private Limited reported revenue of ₹18.06 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR) of Clivet Airconditioning Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years. EBITDA rose 9% 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 Clivet Airconditioning Systems 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 | ₹18.06 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹43.84 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.53 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 of Clivet Airconditioning Systems Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.5% | •••• | •••• | •••• | •••• |
| 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 Clivet Airconditioning Systems are in the company report.
Financial statements from 2015
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 Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems 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 |
|---|---|---|---|---|---|---|
| Shemaroo Trading Private Limited | ₹18.12 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| Fayz Electronics Private Limited | ₹18.12 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
| Mosaram Telecom Private Limited | ₹18.11 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Varanasi, Uttar Pradesh, India |
| Auro Switchgear Private Limited | ₹18.09 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pardi, Gujarat, India |
| Sigmaavit Infra Services Private Limited | ₹18.07 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Bangalore, Karnataka, India |
| Clivet Airconditioning Systems Private Limited this company | ₹18.06 Cr (FY 2022) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| DVPS Private Limited | ₹18.06 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Hyderabad, Telangana, India |
| Amenity Appliances Private Limited | ₹18.04 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Airofrost Hvac Systems Private Limited | ₹18.02 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Lance Energy Solutions Private Limited | ₹18.02 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Channel Master Private Limited | ₹17.98 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Clivet Airconditioning Systems 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 Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems Private Limited is audited by KISHORE MEHTA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KISHORE MEHTA & ASSOCIATES | 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 Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roberto Bello | Director | 05 Aug 2024 | 2 Years 2 Months | Current |
| Andrea Guderzo | Additional Director | 25 Apr 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Clivet Airconditioning Systems 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 Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems operates one associated brand: Clivet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| HVAC systems are manufactured for residential and commercial applications. | clivet.com |
Employees and EPFO Compliance at Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems Private Limited has a workforce of 22 employees as of Apr 08, 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 Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Andrea Guderzo was appointed as Additional Director on 25 Apr 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Clivet Airconditioning Systems 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 Clivet Airconditioning Systems 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 Clivet Airconditioning Systems 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 Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC3078P1Z5 | Maharashtra | Active | 01 Jul 2017 |
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 Clivet Airconditioning Systems 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 Clivet Airconditioning Systems Private Limited
Clivet Airconditioning Systems is an active foreign 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 24 February 2011 (15+ years old) and is registered under CIN U74990MH2011FTC214021.
Clivet Airconditioning Systems reported revenue of ₹18.06 Cr for FY 2022.
Clivet Airconditioning Systems has 2 current directors:
- Roberto Bello - Director
- Andrea Guderzo - Additional Director
Clivet Airconditioning Systems reported a net loss of ₹1.53 Cr (net margin -8.5%) and EBITDA of ₹43.84 Lakh (EBITDA margin 2.4%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Clivet Airconditioning Systems is 30% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Clivet Airconditioning Systems is 27AAECC3078P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Clivet Airconditioning Systems is U74990MH2011FTC214021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clivet Airconditioning Systems has 1 court case on record: 1 filed against it. 1 is pending.
Clivet Airconditioning Systems was incorporated on 24 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Clivet Airconditioning Systems by revenue are Shemaroo Trading Private Limited, Fayz Electronics Private Limited, Mosaram Telecom Private Limited, Auro Switchgear Private Limited, Sigmaavit Infra Services Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Andrea Guderzo was appointed as Additional Director on 25 Apr 2025. Roberto Bello was appointed as Director on 05 Aug 2024. Alice De Cet ceased to be Additional Director on 18 Feb 2020. Clivet Airconditioning Systems has 13 board changes on record in total.