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 of Formula Lighting (India) Private Limited
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
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA/3 – 4 Industrial Estate Bazpur Road, Kashipur, Uttarakhand, India – 244713
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
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Associated Brands with Formula Lighting (India) Private Limited
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 of Formula Lighting (India) Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Formula Lighting (India) Private Limited FY 2025 filings available
Formula 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) of Formula Lighting (India) Private Limited
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 of Formula Lighting (India) Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.72 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 of Formula Lighting (India) Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Formula Lighting (India) are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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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 of Formula Lighting (India) Private Limited
Formula Lighting (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Lighting). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| Gardler Lighting India Private Limited | ₹59.33 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Leksa Lighting Technologies Private Limited | ₹57.22 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| Fair Lighting Products Private Limited | ₹54.93 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Delhi, India |
| DH Lighting India Private Limited | ₹51.37 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Formula Lighting (India) Private Limited this company | ₹48.36 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | 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 |
Peers are the five companies nearest above and the five nearest below Formula Lighting (India) by revenue in the Consumer Durables industry (Lighting), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Formula Lighting (India) Private Limited
Formula Lighting (India) Private Limited is audited by N.H. SINGHAL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.H. SINGHAL & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Formula Lighting (India) Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Formula Lighting (India) Private Limited
Open charges
₹11.97 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2024 | Hdfc Bank Limited | ₹16.52 Lakh | Open |
| 28 Aug 2024 | Hdfc Bank Limited | ₹21 Lakh | Open |
| 16 Dec 2023 | Hdfc Bank Limited | ₹1.33 Cr | Open |
| 28 Nov 2023 | Hdfc Bank Limited | ₹37.28 Lakh | Open |
| 02 Jun 2021 | Hdfc Bank Limited | ₹9.9 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Formula Lighting (India) Private Limited
Formula Lighting (India) Private Limited has a workforce of 17 employees as of Apr 05, 2024.
Employee count
17
Active EPFO establishments
2
Employee growth
-45.16%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Formula Lighting (India) Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Formula Lighting (India) Private Limited
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MSME Payment Delays by Formula Lighting (India) Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Formula Lighting (India) Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Formula Lighting (India) Private Limited
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 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Formula Lighting (India) Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Formula Lighting (India) Private Limited
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) reported revenue of ₹48.36 Cr for FY 2025 (down 5% YoY).
Formula Lighting (India) has 2 current directors:
- Alok Aggarwal - Director
- Bhavna Aggarwal - Director
Formula Lighting (India) reported a net profit of ₹1.72 Cr (net margin 3.5%) and EBITDA of ₹3.96 Cr (EBITDA margin 8.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Formula Lighting (India) is 3% over three years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
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, Gardler Lighting India Private Limited, Leksa Lighting Technologies Private Limited, Fair Lighting Products Private Limited, DH Lighting India Private Limited and 5 more, all in the Consumer Durables industry (Lighting).
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).