Essee Networks Private Limited

Essee Networks Private Limited - consumer electronics & durables in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U74999WB2008PTC125025 Incorporated 17 April 2008 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company consumer electronics and durables MSME · Medium
Data last updated
Revenue · FY 2024
₹58.95 Cr
▼ 46% YoY
Net profit · FY 2024
₹70.64 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹1.62 Cr
EBITDA margin 2.8%
Authorised capital
₹1.15 Cr
Registered with MCA
Paid-up capital
₹1.07 Cr
Issued & subscribed
Open charges
₹26.86 Lakh
Satisfied ₹31.4 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
12
Provident fund records

About Essee Networks Private Limited

Data last updated:

Essee Networks Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 17 April 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2008PTC125025. Its GSTIN is 19AABCE9578K1ZW (West Bengal).

The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors Gaurav Bhutoria and Sanjay Kumar Bhutoria.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.

As per the financials filed for FY 2024, the company reported a revenue of ₹58.95 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹70.64 Lakh (net margin 1.2%) and EBITDA of ₹1.62 Cr (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹26.86 Lakh and satisfied charges of ₹31.4 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it.

Essee Networks Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0007084). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999WB2008PTC125025
Registration Number 125025
Incorporation Date 17 April 2008
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0007084

Recognitions & Rankings of Essee Networks

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-WB-10-0007084

Contact details

Essee Networks Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No. 202 2nd Floor Gate No. 1, Poddar Court 18 Rabindra Sarani, Kolkata, West Bengal, India – 700001
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Essee Networks Private Limited, buy the company report.

Comprehensive company report
Essee Networks Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Essee Networks is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Essee Networks Private Limited, buy the company report.

Financials of Essee Networks Private Limited

FY 2024 filings available

Essee Networks Private Limited reported revenue of ₹58.95 Cr (down 46% YoY) for FY 2024.

Revenue · FY 2024
₹58.95 Cr ▼ 46%
Net profit · FY 2024
₹70.64 Lakh margin 1.2%
EBITDA · FY 2024
₹1.62 Cr margin 2.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 8%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 7%
5 years · compounded
▼ 9%

Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 46% fall in the latest year. EBITDA fell 50% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.62 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹70.64 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.8%
Net Profit Margin1.2%
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 Essee Networks Private Limited, buy the company report.

Board of directors of Essee Networks Private Limited

Essee Networks has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gaurav BhutoriaDirector20 Aug 201412 Years 2 MonthsCurrent
Sanjay Kumar BhutoriaAdditional Director31 Mar 20251 Years 7 MonthsCurrent

Peer comparison

Essee Networks Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shreyans Creation Global Private Limited₹59.71 Cr (FY 2024)1.0%Kolkata, West Bengal, India
Excellus Distribution Private Limited₹59.13 Cr (FY 2023)-32.0%Kalyan, Maharashtra, India
Essee Networks Private Limitedthis company₹58.95 Cr (FY 2024)₹70.64 Lakh1.2%-46.0%12Kolkata, West Bengal, India
Maruti Estate (India) Private Limited₹58.87 Cr (FY 2024)-5.0%Bhubaneswar, Odisha, India
Essential Tradexpo Private Limited₹58.7 Cr (FY 2019)4.0%New Delhi, Delhi, India
Hestin Engineering Private Limited₹58.58 Cr (FY 2025)-4.0%Howrah, West Bengal, India

To see the full peer comparison of Essee Networks Private Limited, buy the company report.

Auditor

Essee Networks Private Limited is audited by LOHARIWAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
LOHARIWAL & ASSOCIATESFY 2023322705E

Shareholding

The shareholding of Essee Networks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Essee Networks Private Limited, buy the company report.

Charges & borrowings

Open charges
₹26.86 Lakh
Satisfied charges
₹31.4 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹0.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 May 2023100800997Hdfc Bank Limited₹16 LakhOpen
30 Jun 2022100801673Hdfc Bank Limited₹10.86 LakhOpen
19 Aug 2020100410428Hdfc Bank Limited₹10 CrSatisfied
06 Jan 2020100325802Hdfc Bank Limited₹4 CrSatisfied
17 Jul 2018100190161Standard Chartered Bank₹10 CrSatisfied

To see the full charge records of Essee Networks Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Essee Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Essee Networks Private Limited has a workforce of 12 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1

GST

Essee Networks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AABCE9578K1ZWWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Essee Networks Private Limited, buy the company report.

Recent activity

Essee Networks Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Alka Bhutoria ceased to be Director on 31 Mar 2025.

Ceased
Alka Bhutoria ceased to be Director.
Ceased
Dilip Kumar Bhutoria ceased to be Director.
Appointed
Sanjay Kumar Bhutoria was appointed as Additional Director.
AGM
Essee Networks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 19 Aug 2020 via Charge ID 100410428 with Hdfc Bank Limited was fully satisfied on 24 May 2024.
Charges
A charge registered on 06 Jan 2020 via Charge ID 100325802 with Hdfc Bank Limited was fully satisfied on 24 May 2024.
Filing
Essee Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100800997 was registered on 30 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100801673 was registered on 30 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100410428 was registered on 19 Aug 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 06 Jan 2020 with Charge ID 100325802 was modified on 19 Aug 2020.
Charges
A charge registered on 17 Jul 2018 via Charge ID 100190161 with Standard Chartered Bank was fully satisfied on 07 Jul 2020.

11 earlier events are in the company report.

Frequently asked questions

Essee Networks is an active private limited company based in Kolkata, West Bengal, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 17 April 2008 (18+ years old) and is registered under CIN U74999WB2008PTC125025.

Essee Networks has 2 current directors:

The latest financial statements of Essee Networks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Essee Networks is 19AABCE9578K1ZW, registered in West Bengal.

The CIN (Corporate Identification Number) of Essee Networks is U74999WB2008PTC125025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Essee Networks has 8 court cases on record: 2 filed by the company and 6 filed against it. Most are in the high courts.

Essee Networks was incorporated on 17 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.

The peers of Essee Networks by revenue are Shreyans Creation Global Private Limited, Excellus Distribution Private Limited, Maruti Estate (India) Private Limited, Essential Tradexpo Private Limited, Hestin Engineering Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).

Alka Bhutoria ceased to be Director on 31 Mar 2025. Dilip Kumar Bhutoria ceased to be Director on 31 Mar 2025. Sanjay Kumar Bhutoria was appointed as Additional Director on 31 Mar 2025. Essee Networks has 5 board changes on record in total.

Yes, Essee Networks is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0007084).

The registered office of Essee Networks is at Unit No. 202 2nd Floor Gate No. 1, Poddar Court 18 Rabindra Sarani, Kolkata, West Bengal, India – 700001.