Future Tech Electronics Private Limited
About Future Tech Electronics Private Limited
Data last updated:
Future Tech Electronics Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sky Electronics Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 25 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC300077. Its GSTIN is 27AADCF2110Q1ZM (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.55 Cr. It is led by directors including Sudha Sudhir Mhatre and Vivek Vijay Mhatre.
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 701/702/715/716 Raikar Chambers Govandi Opp. Firex Co., Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.42 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.26 Cr (net margin -23.3%) and EBITDA of -₹1.55 Cr (EBITDA margin -28.7%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 33% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address701/702/715/716 Raikar Chambers Govandi Opp. Firex Co., Mumbai, Maharashtra, India – 400088
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Future Tech Electronics Private Limited
The main business activity of Future Tech Electronics is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Future Tech Electronics Private Limited
Future Tech Electronics Private Limited is audited by P. N. Chavan & Co. Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P. N. Chavan & Co. Chartered Accountants | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Future Tech Electronics Private Limited
Future Tech Electronics has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Sudhir Mhatre Also directs: Kokan Cove Private Limited | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
| Vivek Vijay Mhatre | Director | 20 Dec 2021 | 4 Years 9 Months | Current |
| Satish Purshottam Molasi | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
| Ashok Chunilal Purohit | Director | 12 Jun 2018 | 8 Years 3 Months | Current |
| Sudhir Baliram Mhatre Also directs: Wishbox Solutions LLP, Mhatre Agro Private Limited, Delfi Broadcast Equipment Private Limited and 5 more | Director | 12 Jun 2018 | 8 Years 3 Months | Current |
| Rajiv Karunakaran Varma Also directs: Ghi Technology Private Limited | Director | 15 Nov 2017 | 8 Years 10 Months | Current |
Financials of Future Tech Electronics Private Limited FY 2024 filings available
Future Tech Electronics Private Limited reported revenue of ₹5.42 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Future Tech Electronics Private Limited
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 33%. EBITDA fell 35% 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 Future Tech Electronics 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 | -₹1.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.26 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 Future Tech Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23.3% | •••• | •••• | •••• | •••• |
| 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 Future Tech Electronics are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Future Tech Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Future Tech Electronics Private Limited
Future Tech Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Future Tech Electronics Private Limited
Employment history and EPFO contributions of people linked to Future Tech Electronics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Future Tech Electronics Private Limited
Future Tech Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF2110Q1ZM | Maharashtra | Active | 01 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Future Tech Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Future Tech Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Future Tech Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Future Tech Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Future Tech Electronics Private Limited
Frequently Asked Questions about Future Tech Electronics Private Limited
Future Tech Electronics is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 25 September 2017 (9+ years old) and is registered under CIN U74999MH2017PTC300077.
Future Tech Electronics reported revenue of ₹5.42 Cr for FY 2025 (up 15% YoY).
Future Tech Electronics has 6 current directors:
- Sudha Sudhir Mhatre - Director
- Vivek Vijay Mhatre - Director
- Satish Purshottam Molasi - Director
- Ashok Chunilal Purohit - Director
- Sudhir Baliram Mhatre - Director
- Rajiv Karunakaran Varma - Director
Future Tech Electronics reported a net loss of ₹1.26 Cr (net margin -23.3%) and EBITDA of -₹1.55 Cr (EBITDA margin -28.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Future Tech Electronics is -51% over three years and -33% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Future Tech Electronics is 27AADCF2110Q1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Future Tech Electronics is U74999MH2017PTC300077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Tech Electronics was incorporated on 25 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Future Tech Electronics is at 701702715716 Raikar Chambers Govandi Opp. Firex Co., Mumbai, Maharashtra, India – 400088.