- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-11-0001664

About Florida Electrical Industries Limited
Data last updated:
Florida Electrical Industries Limited is a public limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 August 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL1986PLC025156. Its GSTIN is 07AAACF0359C1Z5 (Delhi). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.66 Cr. It was formerly known as Mie Electrical Industries Limited and A R Electrical Industries Ltd. It is led by directors including Anil Kumar Arora and Renu Arora.
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 S – 20 Ground Floor, Central Mkt Rajouri Garden, New Delhi, Delhi, India – 110027.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.75 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 6.2%) and EBITDA of ₹3.4 Cr (EBITDA margin 15.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
The company has about 111 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Florida Electrical Industries. As per MCA filings, the company has open charges of ₹14.32 Cr and satisfied charges of ₹35.94 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 4 cases are pending.
Florida Electrical Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0001664). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website floridaindustries.in.
Company details
Name history
Florida Electrical Industries has undergone 6 name changes throughout its history. The current legal name is Florida Electrical Industries Limited.
| Company Name | Status |
|---|---|
| Florida Electrical Industries Limited | Current |
| Mie Electrical Industries Limited | Previous |
| A R Electrical Industries Ltd | Previous |
| A R Electrical Industries P Ltd | Previous |
| Ar Electrical Industries Private Limited | Previous |
| Mie Electrical Industries Ltd | Previous |
| Ar Electrical Industries Limited | Previous |
Recognitions & Rankings of Florida Electrical Industries
Contact details
Florida Electrical Industries Limited's registered office is in New Delhi, Delhi. Its website is floridaindustries.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressS – 20 Ground Floor, Central Mkt Rajouri Garden, New Delhi, Delhi, India – 110027
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Florida Electrical Industries 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
Florida Electrical Industries operates one associated brand: Florida Electrical Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solutions for air purification systems. | floridaindustries.in |
Business activity
The main business activity of Florida Electrical Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Florida Electrical Industries Limited, buy the company report.
Financials of Florida Electrical Industries Limited
FY 2024 filings availableFlorida Electrical Industries Limited reported revenue of ₹21.75 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 13% fall in the latest year. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.35 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Florida Electrical Industries Limited, buy the company report.
Board of directors of Florida Electrical Industries Limited
Florida Electrical Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Arora Also directs: Mie Cables Limited | Director | 29 Sep 1994 | 32 Years 1 Months | Current |
| Renu Arora Also directs: Mie Cables Limited | Director | 29 Sep 1994 | 32 Years 1 Months | Current |
| Rachit Arora Also directs: Mie Cables Limited, M F Electricals Private Limited | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Florida Electrical Industries Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arneg India Private Limited | ₹22.01 Cr (FY 2025) | 23.0% | Thane, Maharashtra, India | |||
| Renergy Systems India Private Limited | ₹22 Cr (FY 2025) | 28.0% | Thiruvananthapuram, Kerala, India | |||
| Florida Electrical Industries Limitedthis company | ₹21.75 Cr (FY 2024) | ₹1.35 Cr | 6.2% | -13.0% | 111 | New Delhi, Delhi, India |
| Yamari India Private Limited | ₹21.64 Cr (FY 2025) | 46.0% | Chennai, Tamil Nadu, India | |||
| Antunes Manufacturing India Private Limited | ₹21.44 Cr (FY 2025) | 65.0% | Ponneri, Tamil Nadu, India | |||
| Generons Power Private Limited | ₹21.4 Cr (FY 2024) | 4139.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Florida Electrical Industries Limited, buy the company report.
Auditor
Florida Electrical Industries Limited is audited by SOHAN AGARWAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOHAN AGARWAL & ASSOCIATES | FY 2021 | 026173N |
Shareholding
The shareholding of Florida Electrical Industries Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Florida Electrical Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2024 | 100991217 | Hdfc Bank Limited | ₹19.98 Lakh | Open | |
| 25 Jun 2021 | 100470941 | Hdfc Bank Limited | ₹12.49 Lakh | Open | |
| 26 Jun 2015 | 10578239 | Others | ₹14 Cr | Open | |
| 28 Jun 2023 | 100744600 | Others | ₹2 Cr | Satisfied | |
| 13 Dec 2021 | 100514349 | Others | ₹1.12 Cr | Satisfied |
To see the full charge records of Florida Electrical Industries Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Florida Electrical Industries Limited has 12 court cases on record: 2 filed by Florida Electrical Industries, 10 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 3 |
| High courts | 5 | 4 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shimla, Himachal Pradesh | Civil miscellaneous application | Filed against the company by individuals | Pending |
| District court, Shimla, Himachal Pradesh | Court case (Suit For Recovery) | Filed against the company | Pending |
| District court, Central, Delhi | Court case (OMP (COMM.)) | Filed by the company against M/S Luthra Industries and Anr | Pending |
| High Court, THE DADRA AND NAGAR HAVELI AND DAMAN AND DIU | Interim or miscellaneous application | Filed against the company by M/S. Alpine Stamping | Pending |
| High Court, THE DADRA AND NAGAR HAVELI AND DAMAN AND DIU | Interim or miscellaneous application | Filed against the company by M/S. Alpine Stamping | Disposed |
To see the full case history of Florida Electrical Industries 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 Florida Electrical Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Florida Electrical Industries Limited has a workforce of 111 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Florida Electrical Industries has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACF0359C1Z5 | Delhi | Active | 01 Jul 2017 |
| 07AAACF0359C2Z4 | Delhi | Active | 11 Jul 2017 |
| 02AAACF0359C1ZF | Himachal Pradesh | Active | 01 Jul 2017 |
| 08AAACF0359C1Z3 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Florida Electrical Industries Limited, buy the company report.
Recent activity
Florida Electrical Industries Limited has 8 board changes on record since 1994: 3 appointments and 5 cessations. The latest: Anil Kumar Gogia ceased to be Director on 26 Nov 2021.
29 earlier events are in the company report.
Frequently asked questions
Florida Electrical Industries is an active public limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 August 1986 (40+ years old) and is registered under CIN U31909DL1986PLC025156.
Florida Electrical Industries has 3 current directors:
- Anil Kumar Arora - Director
- Renu Arora - Director
- Rachit Arora - Director
The latest financial statements of Florida Electrical Industries 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 Florida Electrical Industries is 07AAACF0359C1Z5, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AAACF0359C2Z4 (Delhi), 02AAACF0359C1ZF (Himachal Pradesh), 08AAACF0359C1Z3 (Rajasthan).
The CIN (Corporate Identification Number) of Florida Electrical Industries is U31909DL1986PLC025156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Florida Electrical Industries has 12 court cases on record: 2 filed by the company and 10 filed against it. 4 are pending. Most are in the district courts.
Florida Electrical Industries was incorporated on 20 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Florida Electrical Industries by revenue are Arneg India Private Limited, Renergy Systems India Private Limited, Yamari India Private Limited, Antunes Manufacturing India Private Limited, Generons Power Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anil Kumar Gogia ceased to be Director on 26 Nov 2021. Radhika Krishnan ceased to be Director on 26 Nov 2021. Vineeta Devi ceased to be Director on 26 Nov 2021. Florida Electrical Industries has 8 board changes on record in total.
Yes, Florida Electrical Industries is registered as a small enterprise under Udyam registration (number: UDYAM-DL-11-0001664).
Florida Electrical Industries can be reached through the website floridaindustries.in. Its registered office is in New Delhi, Delhi, India.

