About Eagle Home Appliances Private Limited
Data last updated:
Eagle Home Appliances Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Equitable Finance Limited. 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 11 January 1965.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U26100PN1965PTC139986. Its GSTIN is 01AAACT3316M1ZN (Jammu and Kashmir). The company holds 18 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹4.05 Cr. It was formerly known as Tradeteam Pvt Ltd and Tradeteam Ltd. It is led by directors including Noorjehan Naushad Padamsee and Naushad Ismail Padamsee.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 4th Floor Parmar Gallery S.No.77 Shivarkar Road Wanawadi, Pune, Maharashtra, India – 411040.
As per the financials filed for FY 2019, the company reported a revenue of ₹18.47 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.46 Lakh (net margin 0.1%) and EBITDA of ₹77.88 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.75 Cr and satisfied charges of ₹5.5 Cr on record. Court records list 33 cases involving the company, including 3 filed by the company and 30 filed against it; 1 case is pending.
The last known website on record is eaglehomeindia.com.
Company details
Name history
Eagle Home Appliances has undergone 2 name changes throughout its history. The company was previously known as Tradeteam Pvt Ltd, and Tradeteam Ltd. The current legal name is Eagle Home Appliances Private Limited.
| Company Name | Status |
|---|---|
| Eagle Home Appliances Private Limited | Current |
| Tradeteam Pvt Ltd | Previous |
| Tradeteam Ltd | Previous |
CIN history
Eagle Home Appliances has one previous CIN (Corporate Identification Number): U26100MH1965PTC013102. The current CIN is U26100PN1965PTC139986, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26100PN1965PTC139986 | Current |
| U26100MH1965PTC013102 | Previous |
Contact details
Eagle Home Appliances Private Limited's registered office is in Pune, Maharashtra. Its website is eaglehomeindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address4th Floor Parmar Gallery S.No.77 Shivarkar Road Wanawadi, Pune, Maharashtra, India – 411040
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Eagle Home Appliances 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 Eagle Home Appliances is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Eagle Home Appliances Private Limited, buy the company report.
Financials of Eagle Home Appliances Private Limited
FY 2019 filings availableEagle Home Appliances Private Limited reported revenue of ₹18.47 Cr (down 16% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 16% fall in the latest year. EBITDA rose 40% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹77.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.46 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Eagle Home Appliances Private Limited, buy the company report.
Board of directors of Eagle Home Appliances Private Limited
Eagle Home Appliances has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Noorjehan Naushad Padamsee Also directs: Adler Metals and Packaging Private Limited, Eagle Gaz and Appliances Private Limited, Equitable Finance Limited and 2 more | Director | 30 Jul 2018 | 8 Years 3 Months | As last reported |
| Naushad Ismail Padamsee Also directs: Eagle Agro-Farm Private Ltd, Adler Metals and Packaging Private Limited, Eagle Gaz and Appliances Private Limited and 1 more | Director | 01 May 1976 | 50 Years 6 Months | As last reported |
| Riaz Alimohamad Padamsee Also directs: Adler Metals and Packaging Private Limited, Eagle Gaz and Appliances Private Limited, Equitable Finance Limited and 1 more | Director | 08 Aug 1997 | 29 Years 3 Months | As last reported |
Auditor
Eagle Home Appliances Private Limited is audited by K P P M & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P P M & ASSOCIATES | FY 2019 | 130761W |
Shareholding
The shareholding of Eagle Home Appliances Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Eagle Home Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2011 | 10277965 | Oriental Bank of Commerce Limited | ₹5.75 Cr | Open | |
| 27 Oct 2016 | 100058976 | Others | ₹5.5 Cr | Satisfied |
To see the full charge records of Eagle Home Appliances Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Eagle Home Appliances Private Limited has 33 court cases on record: 3 filed by Eagle Home Appliances, 30 filed against it. 1 case is pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 20 | 1 |
| High courts | 11 | 10 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Safexpress Pvt.Ltd.,Through Harshal Dhoble | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by Spoton Logistics Pvt Ltd | Disposed |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Kiran Cookware Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Tag Polymers Industries Pvt Ltd Through Shivaji Baban Tambe | Disposed |
| District court, North West, Delhi | Criminal case | Filed against the company by Mohini Kitchen Ware Pvt. Ltd. | Disposed |
To see the full case history of Eagle Home Appliances 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Eagle Home Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Eagle Home Appliances Private Limited has a workforce of 3 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Eagle Home Appliances has 18 GST registrations: 5 active and 13 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAACT3316M1ZN | Jammu and Kashmir | Active | 01 Jul 2017 |
| 18AAACT3316M1Z8 | Assam | Active | 01 Jul 2017 |
| 19AAACT3316M1Z6 | West Bengal | Active | 01 Jul 2017 |
| 27AAACT3316M1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eagle Home Appliances Private Limited, buy the company report.
Recent activity
Eagle Home Appliances Private Limited has 7 board changes on record since 1976: 3 appointments and 4 cessations. The latest: Rajas Shreeram Bodas ceased to be Irp/Rp/Liquidator on 06 Jan 2025.
2 earlier events are in the company report.
Frequently asked questions
Eagle Home Appliances 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 Home Appliances is a company under insolvency, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 January 1965 and is registered under CIN U26100PN1965PTC139986. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Eagle Home Appliances has 3 current directors:
- Noorjehan Naushad Padamsee - Director
- Naushad Ismail Padamsee - Director
- Riaz Alimohamad Padamsee - Director
The latest financial statements of Eagle Home Appliances on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Eagle Home Appliances is U26100PN1965PTC139986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eagle Home Appliances has open charges of ₹5.75 Cr and satisfied charges of ₹5.5 Cr as per latest MCA filings.
Eagle Home Appliances has 33 court cases on record: 3 filed by the company and 30 filed against it. 1 is pending. Most are in the district courts.
Eagle Home Appliances was incorporated on 11 January 1965. It is registered with the Registrar of Companies, Pune.
Rajas Shreeram Bodas ceased to be Irp/Rp/Liquidator on 06 Jan 2025. Shamim Mumtaz Padamsee ceased to be Director on 26 Aug 2019. Noorjehan Naushad Padamsee ceased to be Additional Director on 29 Sep 2018. Eagle Home Appliances has 7 board changes on record in total.
Eagle Home Appliances can be reached through the website eaglehomeindia.com. Its registered office is in Pune, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
