MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UK-12-0004383
Formula Lighting (India) Private Limited - consumer electronics & durables in Kashipur, Uttarakhand, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.36 Cr
▼ 5% YoY
Net profit · FY 2025
₹1.72 Cr
Net margin 3.5%
EBITDA · FY 2025
₹3.96 Cr
EBITDA margin 8.2%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹7.1 Cr
Issued & subscribed
Open charges
₹11.97 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
17
Provident fund records
About Formula Lighting (India) Private Limited
Data last updated:
Formula Lighting (India) Private Limited is a private limited company based in Kashipur, Uttarakhand, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U31909UR2020PTC010983. Its GSTIN is 05AAECJ8186B1ZM (Uttarakhand).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.1 Cr. It was formerly known as Jaganlamp'S Automotives Private Limited. It is led by directors Alok Aggarwal and Bhavna Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A/3 – 4 Industrial Estate Bazpur Road, Kashipur, Uttarakhand, India – 244713.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.36 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 3.5%) and EBITDA of ₹3.96 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jagan Lamps. As per MCA filings, the company has open charges of ₹11.97 Cr on record.
Formula Lighting (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-12-0004383). For more details, the company can be reached via its website autohalogenlamps.com.
Company details
CIN U31909UR2020PTC010983
Registration Number 010983
Incorporation Date 01 June 2020
ROC Uttarakhand
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-UK-12-0004383
Key People
Alok Aggarwal Director Bhavna Aggarwal Director Recognitions & Rankings of Formula Lighting (India)
Contact details
Formula Lighting (India) Private Limited's registered office is in Kashipur, Uttarakhand. Its website is autohalogenlamps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/3 – 4 Industrial Estate Bazpur Road, Kashipur, Uttarakhand, India – 244713
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Formula Lighting (India) Private Limited, buy the company report.
Comprehensive company report
Formula Lighting (India) 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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Brands
Formula Lighting (India) operates one associated brand: Jagan Lamps. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lighting components are manufactured and supplied to OEMs and aftermarket. | jaganlamps.com |
Business activity
The main business activity of Formula Lighting (India) 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 Formula Lighting (India) Private Limited, buy the company report.
Financials of Formula Lighting (India) Private Limited
FY 2025 filings availableFormula Lighting (India) Private Limited reported revenue of ₹48.36 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹48.36 Cr ▼ 5%
Net profit · FY 2025
₹1.72 Cr margin 3.5%
EBITDA · FY 2025
₹3.96 Cr margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 14%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 5% 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 |
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| Total Expenses | |||||
| EBITDA | ₹3.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.72 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Formula Lighting (India) Private Limited, buy the company report.
Board of directors of Formula Lighting (India) Private Limited
Formula Lighting (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Aggarwal Also directs: As Bharat Refinery (India) Private Limited | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Bhavna Aggarwal Also directs: As Bharat Refinery (India) Private Limited | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Formula Lighting (India) Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Lighting), 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 |
|---|---|---|---|---|---|---|
| Baliga Lighting Equipments Private Limited | ₹64.31 Cr (FY 2025) | 21.0% | Chennai, Tamil Nadu, India | |||
| Leksa Lighting Technologies Private Limited | ₹57.22 Cr (FY 2024) | -20.0% | Kolkata, West Bengal, India | |||
| Formula Lighting (India) Private Limitedthis company | ₹48.36 Cr (FY 2025) | ₹1.72 Cr | 3.5% | -5.0% | 17 | Kashipur, Uttarakhand, India |
| Satco Lighting Private Limited | ₹47.36 Cr (FY 2024) | 7.0% | Chennai, Tamil Nadu, India | |||
| Karolia Lighting Private Limited | ₹46.56 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Additional Lighting Industries Private Limited | ₹46.52 Cr (FY 2024) | 93.0% | Pune, Maharashtra, India | |||
| Fortunearrt Led Lighting Private Limited | ₹46.31 Cr (FY 2024) | -9.0% | Hyderabad, Telangana, India | |||
| R K Lighting Pvt Ltd | ₹46.13 Cr (FY 2017) | 29.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Formula Lighting (India) Private Limited, buy the company report.
Auditor
Formula Lighting (India) Private Limited is audited by N.H. SINGHAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.H. SINGHAL & ASSOCIATES | FY 2023 | 024222C |
Shareholding
The shareholding of Formula Lighting (India) Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Formula Lighting (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.97 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2024 | 100998553 | Hdfc Bank Limited | ₹16.52 Lakh | Open | |
| 28 Aug 2024 | 100991496 | Hdfc Bank Limited | ₹21 Lakh | Open | |
| 16 Dec 2023 | 100835661 | Hdfc Bank Limited | ₹1.33 Cr | Open | |
| 28 Nov 2023 | 100830839 | Hdfc Bank Limited | ₹37.28 Lakh | Open | |
| 02 Jun 2021 | 100471248 | Hdfc Bank Limited | ₹9.9 Cr | Open |
To see the full charge records of Formula Lighting (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Formula Lighting (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 Formula Lighting (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Formula Lighting (India) Private Limited has a workforce of 17 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
17
Active EPFO establishments
2
Employee growth
-45.16%
GST
Formula Lighting (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAECJ8186B1ZM | Uttarakhand | Active | 01 Jun 2020 |
To see the full GST registrations and return filing status of Formula Lighting (India) Private Limited, buy the company report.
Recent activity
Formula Lighting (India) Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Alok Aggarwal was appointed as Director on 01 Jun 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 9.90 Cr registered on 02 Jun 2021 with Charge ID 100471248 was modified on 17 Dec 2025.
AGM
Formula Lighting (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Formula Lighting (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttarakhand.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100998553 was registered on 14 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100991496 was registered on 28 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.33 Cr with Charge ID 100835661 was registered on 16 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100830839 was registered on 28 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.90 Cr with Charge ID 100471248 was registered on 02 Jun 2021.
Appointed
Alok Aggarwal was appointed as Director.
Appointed
Bhavna Aggarwal was appointed as Director.
Incorporation
01 Jun 2020
Formula Lighting (India) Private Limited was registered on 01 Jun 2020 with Roc Uttarakhand & aged 6 years 4 months as per MCA records.
Frequently asked questions
Formula Lighting (India) is an active private limited company based in Kashipur, Uttarakhand, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 June 2020 (6+ years old) and is registered under CIN U31909UR2020PTC010983.
Formula Lighting (India) has 2 current directors:
- Alok Aggarwal - Director
- Bhavna Aggarwal - Director
The latest financial statements of Formula Lighting (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Formula Lighting (India) is 05AAECJ8186B1ZM, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Formula Lighting (India) is U31909UR2020PTC010983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formula Lighting (India) was incorporated on 01 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Formula Lighting (India) by revenue are Baliga Lighting Equipments Private Limited, Leksa Lighting Technologies Private Limited, Satco Lighting Private Limited, Karolia Lighting Private Limited, Additional Lighting Industries Private Limited and 2 more, all in the Consumer Durables industry (Lighting), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Alok Aggarwal was appointed as Director on 01 Jun 2020. Bhavna Aggarwal was appointed as Director on 01 Jun 2020.
Yes, Formula Lighting (India) is registered as a small enterprise under Udyam registration (number: UDYAM-UK-12-0004383).
Formula Lighting (India) can be reached through the website autohalogenlamps.com. Its registered office is in Kashipur, Uttarakhand, India.
The registered office of Formula Lighting (India) is at A3 – 4 Industrial Estate Bazpur Road, Kashipur, Uttarakhand, India – 244713.