Competent Electronics Private Limited
About Competent Electronics Private Limited
Data last updated:
Competent Electronics Private Limited was a private limited company based in Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 22 June 2004.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2004PTC127055.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹89.15 Lakh. It was led by directors including Deepak Kumar Jain and Kavita Jain.
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 was at C – 17 Wazirpur Industrial Area, Delhi, India – 110052.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.48 Lakh, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹5.06 Lakh (net margin 92.3%) and EBITDA of ₹5.07 Lakh (EBITDA margin 92.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 59% over five years.
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- Registered AddressC – 17 Wazirpur Industrial Area, Delhi, India – 110052
- 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 Competent Electronics Private Limited
The main business activity of Competent Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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.
Auditor Details of Competent Electronics Private Limited
Competent Electronics Private Limited is audited by SHIV SAROJ & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIV SAROJ & 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 Competent Electronics Private Limited
Competent 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 |
|---|---|---|---|---|
| Deepak Kumar Jain | Director | 22 Jun 2004 | 22 Years 3 Months | As last reported |
| Kavita Jain | Director | 22 Jun 2004 | 22 Years 3 Months | As last reported |
| Savita Jain Also directs: Posh Electronics Private Limited | Director | 27 Sep 2017 | 9 Years 0 Months | As last reported |
Financials of Competent Electronics Private Limited FY 2022 filings available
Competent Electronics Private Limited reported revenue of ₹5.48 Lakh (up 76% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Competent Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 76% growth in the latest year. EBITDA rose 89% 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 Competent 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 | ₹5.48 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.06 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 Competent Electronics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 92.3% | •••• | •••• | •••• | •••• |
| 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 Competent 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.
Ownership and Shareholding of Competent 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 Competent Electronics Private Limited
Competent Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Competent Electronics Private Limited
Employment history and EPFO contributions of people linked to Competent 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.
GST Compliance of Competent Electronics Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Competent 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 Competent 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 Competent 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.
MCA Filings & Documents of Competent 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.
Recent Activity on Competent Electronics Private Limited
Frequently Asked Questions about Competent Electronics Private Limited
Competent Electronics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Competent Electronics was a private limited company based in Delhi, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 22 June 2004 and is registered under CIN U74999DL2004PTC127055. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Competent Electronics was incorporated on 22 June 2004. It is registered with the Registrar of Companies, Delhi.
Competent Electronics had 3 directors:
- Deepak Kumar Jain - Director
- Kavita Jain - Director
- Savita Jain - Director
The CIN (Corporate Identification Number) of Competent Electronics is U74999DL2004PTC127055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Competent Electronics is at C – 17 Wazirpur Industrial Area, Delhi, India – 110052.
Competent Electronics reported revenue of ₹5.48 Lakh for FY 2022 (up 76% YoY).
Competent Electronics has an authorised share capital of ₹1 Cr and a paid-up capital of ₹89.15 Lakh.
Competent Electronics reported a net profit of ₹5.06 Lakh (net margin 92.3%) and EBITDA of ₹5.07 Lakh (EBITDA margin 92.5%) for FY 2022, as per its filed financial statements.