Eagle Electronic (India) Private Limited
About Eagle Electronic (India) Private Limited
Data last updated:
Eagle Electronic (India) Private Limited is a private limited company based in Nashik, 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 electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 01 June 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51505MH2011PTC218146. Its GSTIN is 27AACCE7268D1ZM (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.7 Cr. It is led by directors including Anil Vasudeo Khemani (Managing Director) and Kanak Vishnudutt Jani (Irp/Rp/Liquidator).
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 H No 65 Cts No 142 – A – B Behind Chitramandir Talkies, Nashik, Maharashtra, India – 422001.
As per the financials filed for FY 2021, the company reported a revenue of ₹221.36 Cr. For the same year it recorded a net profit of ₹2.12 Cr (net margin 1%) and EBITDA of ₹4.42 Cr (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹41.58 Cr and satisfied charges of ₹35 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.65 Cr; the latest was in February 2013.
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- Registered AddressH No 65 Cts No 142 – A – B Behind Chitramandir Talkies, Nashik, Maharashtra, India – 422001
- 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
The main business activity of Eagle Electronic (India) is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail 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
Financials of Eagle Electronic (India) Private Limited
FY 2021 filings availableEagle Electronic (India) Private Limited reported revenue of ₹221.36 Cr for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years. EBITDA fell 22% 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 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹221.36 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹4.42 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹2.12 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
| Metrics | FY 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2% | |
| Net Profit Margin | 1% | |
| 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, and every line for FY 2016-17 to FY 2019-20, 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 Eagle Electronic (India) are in the company report.
: available in the company report
Board of Directors of Eagle Electronic (India) Private Limited
Eagle Electronic (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanak Vishnudutt Jani | Irp/Rp/Liquidator | 22 Mar 2024 | 2 Years 7 Months | As last reported |
| Anil Vasudeo Khemani Also directs: Khemani EV Solutions Private Limited | Managing Director | 01 Jun 2011 | 15 Years 4 Months | As last reported |
| Neelam Anil Khemani | Director | 01 Jun 2011 | 15 Years 4 Months | As last reported |
Auditor Details
Eagle Electronic (India) Private Limited is audited by ZAWAR SOMANI AND CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ZAWAR SOMANI AND CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2021 | Others | ₹5 Cr | Open |
| 29 May 2021 | Axis Bank Limited | ₹6.5 Cr | Open |
| 25 Jul 2020 | Others | ₹5 Cr | Open |
| 30 Jun 2020 | Axis Bank Limited | ₹25.08 Cr | Open |
| 23 Sep 2016 | State Bank of India | ₹2 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding
Eagle Electronic (India) Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.65 Cr; the latest was in February 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2013 | Funding round | ₹2.65 Cr | Investors: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Eagle Electronic (India) Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 2 | 2 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed against the company by Axis Bank Limited THR Payal Rajiv Kapila | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Eagle Electronic (India).
: available in the company report
Recent Activity
Eagle Electronic (India) Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Kanak Vishnudutt Jani was appointed as Irp/Rp/Liquidator on 22 Mar 2024.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Eagle Electronic (India) has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE7268D1ZM | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Eagle Electronic (India) 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.
Eagle Electronic (India) is a company under insolvency, formerly operating as a private limited company based in Nashik, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 01 June 2011 and is registered under CIN U51505MH2011PTC218146. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Eagle Electronic (India) has 3 current directors:
- Anil Vasudeo Khemani - Managing Director
- Neelam Anil Khemani - Director
- Kanak Vishnudutt Jani - Irp/Rp/Liquidator
The latest financial statements of Eagle Electronic (India) 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 Eagle Electronic (India) is U51505MH2011PTC218146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eagle Electronic (India) has open charges of ₹41.58 Cr and satisfied charges of ₹35 Cr as per latest MCA filings.
Eagle Electronic (India) has 5 court cases on record: 5 filed against it. 3 are pending. Most are in the district courts.
Eagle Electronic (India) was incorporated on 01 June 2011. It is registered with the Registrar of Companies, Mumbai.
Eagle Electronic (India) has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.65 Cr; the latest was in February 2013.
Kanak Vishnudutt Jani was appointed as Irp/Rp/Liquidator on 22 Mar 2024. Seeta Vasudeo Khemani ceased to be Director on 14 Aug 2022. Vasudeo Radhakisan Khemani ceased to be Director on 14 Aug 2022. Eagle Electronic (India) has 5 board changes on record in total.