Comet Electronics Private Ltd
About Comet Electronics Private Ltd
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Comet Electronics Private Ltd is a private limited company based in Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC024513. Its GSTIN is 07AAACC3171D1Z6 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.35 Lakh. It is led by directors including Rekha Arora and Rakesh Arora.
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 323 Lajpat Rai Market Chandni Chowk, Delhi, India – 110006.
As per the financials filed for FY 2024, the company reported a revenue of ₹97.34 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Lakh (net margin 2.7%) and EBITDA of ₹7.09 Lakh (EBITDA margin 7.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address323 Lajpat Rai Market Chandni Chowk, Delhi, India – 110006
- 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 Comet Electronics Private Ltd
The main business activity of Comet 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 Comet Electronics Private Ltd FY 2024 filings available
Comet Electronics Private Ltd reported revenue of ₹97.34 Lakh (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Comet Electronics Private Ltd
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 28% 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 Comet Electronics Private Ltd
| 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 | ₹7.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.63 Lakh | •••• | •••• | •••• | •••• |
| 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 Comet Electronics Private Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Comet Electronics 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 Comet Electronics Private Ltd
Comet Electronics Private Ltd is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ansi Visual India Private Limited | •••• | •••• | •••• | •••• | - | Opp.Amar Ujala Press Agra, Uttar Pradesh, India |
| TND Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Shivgeet Sales Private Limited | •••• | •••• | •••• | •••• | - | Sitapur, Uttar Pradesh, India |
| Akshayapathra Consumer Sales and Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Bhagavathi Electricals & Security Systems Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Comet Electronics Private Ltd this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Neat Air Conditioning Pvt.Ltd. | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Regal Supplier Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Tavat Ingenious Products Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Redphantom International Impex Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Cronos Electrical Private Limited | •••• | •••• | •••• | •••• | - | Mayur Vihar, Phase-1, Delhi, India |
Peers are the five companies nearest above and the five nearest below Comet Electronics by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Comet Electronics Private Ltd
Comet Electronics Private Ltd is audited by B.B. MATHUR & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.B. MATHUR & COMPANY | 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 Comet Electronics Private Ltd
Comet Electronics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Arora | Director | 28 Oct 1998 | 27 Years 11 Months | Current |
| Rakesh Arora | Director | 17 Jun 1988 | 38 Years 3 Months | Current |
| Pankaj Arora | Director | 02 Nov 1992 | 33 Years 11 Months | Current |
Ownership and Shareholding of Comet Electronics Private Ltd
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 Comet Electronics Private Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2018 | Others | ₹1.9 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Comet Electronics Private Ltd
Employment history and EPFO contributions of people linked to Comet 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 Comet Electronics Private Ltd
Comet Electronics Private Ltd has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Bhagwan Sarup Arora ceased to be Director on 16 Oct 2017.
Credit Ratings, Litigation & Regulatory Alerts for Comet Electronics Private Ltd
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 Comet Electronics Private Ltd
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 Comet Electronics Private Ltd
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 Comet Electronics Private Ltd
Comet Electronics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACC3171D1Z6 | Delhi | Active | 01 Jul 2017 |
| 09AAACC3171D1Z2 | Uttar Pradesh | 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 Comet Electronics Private Ltd
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 Comet Electronics Private Ltd
Comet Electronics is an active private limited company based in Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 June 1986 (40+ years old) and is registered under CIN U74899DL1986PTC024513.
Comet Electronics reported revenue of ₹97.34 Lakh for FY 2024 (down 28% YoY).
Comet Electronics has 3 current directors:
- Rekha Arora - Director
- Rakesh Arora - Director
- Pankaj Arora - Director
Comet Electronics reported a net profit of ₹2.63 Lakh (net margin 2.7%) and EBITDA of ₹7.09 Lakh (EBITDA margin 7.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Comet Electronics is -9% over three years and -4% over five years. In the latest year (FY 2024) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Comet Electronics is 07AAACC3171D1Z6, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAACC3171D1Z2 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Comet Electronics is U74899DL1986PTC024513. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comet Electronics was incorporated on 17 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Comet Electronics by revenue are Ansi Visual India Private Limited, TND Technologies Private Limited, Shivgeet Sales Private Limited, Akshayapathra Consumer Sales and Services Private Limited, Bhagavathi Electricals & Security Systems Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Bhagwan Sarup Arora ceased to be Director on 16 Oct 2017. Rekha Arora was appointed as Director on 28 Oct 1998. Pankaj Arora was appointed as Director on 02 Nov 1992. Comet Electronics has 4 board changes on record in total.
The registered office of Comet Electronics is at 323 Lajpat Rai Market Chandni Chowk, Delhi, India – 110006.