Econolight (India) Private Limited
About Econolight (India) Private Limited
Data last updated:
Econolight (India) Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the manufacturing segment of the electronics sector. It was incorporated on 18 February 1991.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1991PTC011673.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.02 Lakh. It was led by directors Somanna Kuimanda Kariappa and Shashi Vaidya.
Its last annual general meeting (AGM) was held on 21 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No.98 A V Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2020, the company reported a revenue of ₹89,136, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹46,435 (net margin 52.1%) and EBITDA of ₹49,298 (EBITDA margin 55.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 9% over five years.
Company details
Contact details
Econolight (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.98 A V Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryElectrnoics, Manufacturing, Electrical Equipment
To see the full contact details of Econolight (India) 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
Financials of Econolight (India) Private Limited
FY 2020 filings availableEconolight (India) Private Limited reported revenue of ₹89,136 (down 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 6% fall in the latest year. EBITDA fell 16% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹49,298 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46,435 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.3% | ||||
| Net Profit Margin | 52.1% | ||||
| 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 Econolight (India) Private Limited, buy the company report.
Board of directors of Econolight (India) Private Limited
Econolight (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somanna Kuimanda Kariappa | Director | 07 Jan 2004 | 22 Years 9 Months | As last reported |
| Shashi Vaidya | Director | 27 Aug 2010 | 16 Years 1 Months | As last reported |
Auditor
Econolight (India) Private Limited is audited by P CHANDRASEKAR LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P CHANDRASEKAR LLP | FY 2017 | 000580S/S200066 |
Shareholding
The shareholding of Econolight (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Econolight (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Econolight (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Econolight (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Econolight (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Econolight (India) Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Naveen Kumar Shenoy ceased to be Director on 27 Aug 2010.
Frequently asked questions
Econolight (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Econolight (India) was a private limited company based in Bangalore, Karnataka, India. The company worked in manufacturing, within the electronics industry. It was incorporated on 18 February 1991 and is registered under CIN U31909KA1991PTC011673. The company has been struck off by the Registrar of Companies and is no longer operational.
Econolight (India) had 2 directors:
- Somanna Kuimanda Kariappa - Director
- Shashi Vaidya - Director
The CIN (Corporate Identification Number) of Econolight (India) is U31909KA1991PTC011673. 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 Econolight (India) is at No.98 A V Block Koramangala, Bangalore, Karnataka, India – 560095.
Econolight (India) was incorporated on 18 February 1991. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Econolight (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 21 December 2020. Year-wise statements from 2015 are in the company report.
Econolight (India) operated in the electronics industry, in the manufacturing segment. It worked in this industry before it was struck off.
Naveen Kumar Shenoy ceased to be Director on 27 Aug 2010. Shashi Vaidya was appointed as Director on 27 Aug 2010. Sundaresan Raghavan ceased to be Director on 03 Sep 2007. Econolight (India) has 4 board changes on record in total.
The compliance status of Econolight (India) is compliant as of 18 August 2026.