About Electronica Finance Limited
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Electronica Finance Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Mugdha Investment And Finance Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 26 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74110PN1990PLC057017. Its GSTIN is 06AAACE4577B1ZY (Haryana). The company holds 16 GST registrations, all of them active.
The company has an authorised share capital of ₹72.5 Cr and a paid-up capital of ₹55.39 Cr. It is led by directors including Shilpa Shrikant Pophale (Managing Director) and Smita Milind Sandhane.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 101/1 Erandawane 'Audumbar’ Dr. Ketkar Road, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹587.42 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹47.39 Cr (net margin 8.1%) and EBITDA of ₹298.57 Cr (EBITDA margin 50.8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 28% over five years.
The company has about 2,204 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Electronica Finance. As per MCA filings, the company has open charges of ₹4,692.13 Cr and satisfied charges of ₹2,706.92 Cr on record. Court records list 6,287 cases involving the company, including 6,082 filed by the company and 205 filed against it; 3,226 cases are pending. The company has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹579.66 Cr; the latest was in April 2024. Its 3 peer companies in the BFSI industry (Finance, NBFC), with the same principal business activity (other financial activities) are compared by revenue, 1 larger and 2 smaller; the largest is Motilal Oswal Home Finance Limited with revenue of ₹589.08 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website efl.co.in.
Company details
CIN history
Electronica Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110PN1990PLC057017, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110PN1990PLC057017 | Current |
| L65910PN1990PLC057017 | Previous |
| U65910PN1990PLC057017 | Previous |
Contact details
Electronica Finance Limited's registered office is in Pune, Maharashtra. Its website is efl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address101/1 Erandawane 'Audumbar’ Dr. Ketkar Road, Pune, Maharashtra, India – 411004
- IndustryFinancial Services, NBFC
To see the full contact details of Electronica Finance 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
Brands
Electronica Finance operates one associated brand: Electronica Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SME loans are provided to businesses in India. | electronicafinance.com |
Business activity
The main business activity of Electronica Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Electronica Finance Limited, buy the company report.
Financials of Electronica Finance Limited
FY 2025 filings availableElectronica Finance Limited reported revenue of ₹587.42 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 9% growth in the latest year. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹587.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹298.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.39 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.8% | ||||
| Net Profit Margin | 8.1% | ||||
| 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 Electronica Finance Limited, buy the company report.
Board of directors of Electronica Finance Limited
Electronica Finance has 9 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ameya Gurunath Bijoor Also directs: Svakarma Finance Private Limited | Nominee Director | 11 Nov 2020 | 5 Years 11 Months | Current |
| Smita Milind Sandhane | Director | 28 Apr 2022 | 4 Years 5 Months | Current |
| Sandhya Vasudevan | Director | 06 Dec 2022 | 3 Years 10 Months | Current |
| Shilpa Shrikant Pophale | Managing Director | 01 Jun 2006 | 20 Years 4 Months | Current |
| Sujit Sharad Natekar | Director | 20 Nov 2022 | 3 Years 11 Months | Current |
| Uma Manoj Mandavgane Also directs: Azzure Advisory & Consulting Services LLP, Aeroflex Enterprises Limited, Carraro India Limited and 3 more | Director | 13 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Electronica Finance Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Finance, NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Motilal Oswal Home Finance Limited | ₹589.08 Cr (FY 2024) | 11.0% | Mumbai, Maharashtra, India | |||
| Electronica Finance Limitedthis company | ₹587.42 Cr (FY 2025) | ₹47.39 Cr | 8.1% | 9.0% | 2,204 | Pune, Maharashtra, India |
| R.K. Bansal Finance Private Limited | ₹528.24 Cr (FY 2025) | 2664.0% | New Delhi, Delhi, India | |||
| Whizdm Finance Private Limited | ₹481.72 Cr (FY 2024) | 577.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Electronica Finance Limited, buy the company report.
Auditor
Electronica Finance Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2020 | 301003E/E300005 |
Shareholding
The shareholding of Electronica Finance Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Electronica Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2026 | 101355721 | Karnataka Bank Ltd. | ₹50 Cr | Open | |
| 28 Jul 2026 | 101344636 | Sidbi | ₹100 Cr | Open | |
| 29 Jun 2026 | 101329000 | Others | ₹20 Cr | Open | |
| 29 Jun 2026 | 101334876 | Others | ₹25 Cr | Open | |
| 30 Apr 2026 | 101287751 | Others | ₹50 Cr | Open |
To see the full charge records of Electronica Finance Limited, buy the company report.
Total charge records: 282 View all charges
Deals & funding
Electronica Finance Limited has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹579.66 Cr; the latest was in April 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Funding round · Series B | ₹400 Cr | Investors: Aavishkaar Capital, LeapFrog Investments |
| Dec 2023 | Debt financing | ₹70 Cr | Investors: AK Capital Finance, Gujarat Ambuja Exports Limited , Tipsons Financial Services Private Limited |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: Adwait Dharmadhikari (HUF), 2 individuals Seller: Ratnaparkhi Electronic Industries Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Massive Engineering Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Electronica Hi Tech Machine Tools Private Limited, Mugdha Investment and Finance Private Limited , 2 individuals Seller: Others Electronica Finance Limited, an individual |
To see the full deal history of Electronica Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Electronica Finance Limited has 6,287 court cases on record: 6,082 filed by Electronica Finance, 205 filed against it. 3,226 cases are pending and 3,061 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6,071 | 114 | 3,201 |
| High courts | 211 | 86 | 22 |
| Supreme Court | 5 | 5 | 3 |
Cases on record (5 of 6,287)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rajsamand, Rajasthan | Civil miscellaneous application | Filed against the company by Maruti Nandan Marmo and Grani Pvt Ltd. Jariye Director Chandra Prakash | Pending |
| District court, Rajsamand, Rajasthan | Civil suit | Filed against the company by Maruti Nandan Marmo and Grani Pvt Ltd. Jariye Director Chandra Prakash | Pending |
| Madras High Court | Court case (REV.APLO) | Filed against the company by Infant Jesus Engineering Works Pvt Ltd | Disposed |
| Calcutta High Court | Court case (FMAT) | Filed against the company by Fast Track Furniture and Interiors India Pvt. Ltd. and Others | Disposed |
| District court, BEAWER, Rajasthan | Civil miscellaneous application | Filed against the company | Pending |
To see the full case history of Electronica Finance 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
Electronica Finance Limited was last rated by Icra on 28 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Sep 2021 |
To see the full credit ratings and regulatory alerts of Electronica Finance Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Electronica Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Electronica Finance Limited has a workforce of 2,204 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Electronica Finance has 16 GST registrations: 16 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACE4577B1ZY | Haryana | Active | 01 Jul 2017 |
| 09AAACE4577B1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AAACE4577B1ZR | West Bengal | Active | 01 Jul 2017 |
| 24AAACE4577B1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Electronica Finance Limited, buy the company report.
Recent activity
Electronica Finance Limited has 36 board changes on record since 2006: 9 appointments and 27 cessations. The latest: Uday Madhav Chitale ceased to be Additional Director on 16 Sep 2025.
523 earlier events are in the company report.
News
Frequently asked questions
Electronica Finance is an active public limited company based in Pune, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 26 June 1990 (36+ years old) and is registered under CIN U74110PN1990PLC057017.
Electronica Finance has 9 current directors:
- Shilpa Shrikant Pophale - Managing Director
- Ameya Gurunath Bijoor - Nominee Director
- Smita Milind Sandhane - Director
- Sandhya Vasudevan - Director
- Sujit Sharad Natekar - Director
- Uma Manoj Mandavgane - Director
- Uday Madhav Chitale - Director
- Anurag Agrawal - Director
- Stewart Michael Langdon - Director
The latest financial statements of Electronica Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Electronica Finance is 06AAACE4577B1ZY, registered in Haryana. The company has 16 GST registrations in all, of which 16 are active. Other active GSTINs include 09AAACE4577B1ZS (Uttar Pradesh), 19AAACE4577B1ZR (West Bengal), 24AAACE4577B1Z0 (Gujarat).
The CIN (Corporate Identification Number) of Electronica Finance is U74110PN1990PLC057017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electronica Finance has 6,287 court cases on record: 6,082 filed by the company and 205 filed against it. 3,226 are pending. Most are in the district courts.
Electronica Finance was incorporated on 26 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
Electronica Finance has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹579.66 Cr; the latest was in April 2024.
The peers of Electronica Finance by revenue are Motilal Oswal Home Finance Limited, R.K. Bansal Finance Private Limited, Whizdm Finance Private Limited, all in the BFSI industry (Finance, NBFC), with the same principal business activity (other financial activities).
Uday Madhav Chitale ceased to be Additional Director on 16 Sep 2025. Uma Manoj Mandavgane ceased to be Additional Director on 16 Sep 2025. Uday Madhav Chitale was appointed as Director on 13 Aug 2025. Electronica Finance has 36 board changes on record in total.
Electronica Finance can be reached through the website efl.co.in. Its registered office is in Pune, Maharashtra, India.