About Dhanlaxmi Electricals Private Limited
Data last updated:
Dhanlaxmi Electricals Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the power epc segment of the energy and power sector. It was incorporated on 09 February 2015.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC261718. Its GSTIN is 27AAFCD2655Q1Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.63 Cr. It is led by directors including Mohammad Moinuddin Khan (Managing Director) and Mushtaque Ahmed.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. 66A Office 905 9th Floor Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2021, the company reported a revenue of ₹78.09 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.87 Cr (net margin 6.2%) and EBITDA of ₹12.51 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 535% over three years.
The company has about 200 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹79.09 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 71 cases involving the company, including 13 filed by the company and 58 filed against it; 23 cases are pending.
The last known website on record is dhanlaxmielectricals.in.
Company details
Contact details
Dhanlaxmi Electricals Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 66A Office 905 9th Floor Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Dhanlaxmi Electricals Private Limited, buy the company report.
- 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
Business activity
The main business activity of Dhanlaxmi Electricals is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Dhanlaxmi Electricals Private Limited, buy the company report.
Financials of Dhanlaxmi Electricals Private Limited
FY 2021 filings availableDhanlaxmi Electricals Private Limited reported revenue of ₹78.09 Cr (down 7% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 535%. EBITDA rose 23% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹78.09 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.87 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Dhanlaxmi Electricals Private Limited, buy the company report.
Board of directors of Dhanlaxmi Electricals Private Limited
Dhanlaxmi Electricals has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mushtaque Ahmed | Director | 01 Oct 2020 | 6 Years 0 Months | As last reported |
| Sukhdeo Sampat Dhande | Director | 01 Oct 2020 | 6 Years 0 Months | As last reported |
| Sohail Khan | Director | 05 Oct 2020 | 6 Years 0 Months | As last reported |
| Salman Khan | Director | 22 Jun 2020 | 6 Years 4 Months | As last reported |
| Roman Mainuddin Khatoon | Director | 09 Feb 2015 | 11 Years 8 Months | As last reported |
| Mohammad Moinuddin Khan Also directs: Rumana Transport Private Limited | Managing Director | 09 Feb 2015 | 11 Years 8 Months | As last reported |
Auditor
Dhanlaxmi Electricals Private Limited is audited by J D TANDEL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J D TANDEL & CO | FY 2021 | 114888W |
Shareholding
The shareholding of Dhanlaxmi Electricals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dhanlaxmi Electricals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2021 | 100532746 | Hdfc Bank Limited | ₹14.92 Lakh | Open | |
| 25 Oct 2021 | 100501481 | Hdfc Bank Limited | ₹14.92 Lakh | Open | |
| 25 Oct 2021 | 100501826 | Hdfc Bank Limited | ₹14.92 Lakh | Open | |
| 08 Jun 2021 | 100453862 | Axis Bank Limited | ₹3.3 Cr | Open | |
| 24 Mar 2021 | 100436472 | Hdfc Bank Limited | ₹1.97 Cr | Open |
To see the full charge records of Dhanlaxmi Electricals Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Dhanlaxmi Electricals Private Limited has 71 court cases on record: 13 filed by Dhanlaxmi Electricals, 58 filed against it. 23 cases are pending and 48 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 55 | 54 | 21 |
| High courts | 8 | 1 | 2 |
| NCLAT | 5 | 0 | 0 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jhajjar, Haryana | Court case (Rsuit) | Filed against the company by M/S Steel Bulls India Pvt Ltd. | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Empire Cable Industries Private Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Ajmer Vidyut Vitran Nigam Limited and 1 other | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Ajmer Vidyut Vitran Nigam Limited | Pending |
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Ms Ve Commercial Vehicles Limited Through Its Authorised Representative | Pending |
To see the full case history of Dhanlaxmi Electricals Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Dhanlaxmi Electricals Private Limited was last rated by Indiarating on 09 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 09 Jul 2021 |
To see the full credit ratings and regulatory alerts of Dhanlaxmi Electricals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dhanlaxmi Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dhanlaxmi Electricals Private Limited has a workforce of 200 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Dhanlaxmi Electricals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD2655Q1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhanlaxmi Electricals Private Limited, buy the company report.
Recent activity
Dhanlaxmi Electricals Private Limited has 11 board changes on record since 2015: 7 appointments and 4 cessations. The latest: Rajan Garg was appointed as Irp/Rp/Liquidator on 04 Jan 2024.
18 earlier events are in the company report.
Frequently asked questions
Dhanlaxmi Electricals is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Dhanlaxmi Electricals is a company under insolvency, formerly operating as a private limited company based in Navi Mumbai, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 09 February 2015 and is registered under CIN U74900MH2015PTC261718. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dhanlaxmi Electricals has 7 current directors:
- Mohammad Moinuddin Khan - Managing Director
- Mushtaque Ahmed - Director
- Sukhdeo Sampat Dhande - Director
- Sohail Khan - Director
- Salman Khan - Director
- Roman Mainuddin Khatoon - Director
- Rajan Garg - Irp/Rp/Liquidator
The latest financial statements of Dhanlaxmi Electricals on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dhanlaxmi Electricals is U74900MH2015PTC261718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanlaxmi Electricals has open charges of ₹79.09 Cr and satisfied charges of ₹1.5 Cr as per latest MCA filings.
Dhanlaxmi Electricals has 71 court cases on record: 13 filed by the company and 58 filed against it. 23 are pending. Most are in the district courts.
Dhanlaxmi Electricals was incorporated on 09 February 2015. It is registered with the Registrar of Companies, Mumbai.
Rajan Garg was appointed as Irp/Rp/Liquidator on 04 Jan 2024. Sukhdeo Sampat Dhande ceased to be Additional Director on 30 Nov 2021. Mushtaque Ahmed ceased to be Additional Director on 31 Dec 2020. Dhanlaxmi Electricals has 11 board changes on record in total.
Dhanlaxmi Electricals can be reached through the website dhanlaxmielectricals.in. Its registered office is in Navi Mumbai, Maharashtra, India.