Future Watts Solutions Private Limited
About Future Watts Solutions Private Limited
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Future Watts Solutions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC296732. Its GSTIN is 21AADCF1380N1ZQ (Odisha).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Swetapadma Patnaik and Shivanarayan Pattanaik.
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 Plot No.56&57 Yashraj Apartment Shopno.1 Sector – 23 Seawoods (East) Nerul, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,100 (net margin -0.1%) and EBITDA of ₹300 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No.56&57 Yashraj Apartment Shopno.1 Sector – 23 Seawoods (East) Nerul, Navi Mumbai, Maharashtra, India – 400706
- 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 Watts Solutions Private Limited
The main business activity of Future Watts Solutions 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.
Financials of Future Watts Solutions Private Limited FY 2024 filings available
Future Watts Solutions Private Limited reported revenue of ₹10.8 Lakh (up 134900% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Future Watts Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years. EBITDA rose 100% 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 Watts Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹300 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,100 | •••• | •••• | •••• | •••• |
| 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 Watts Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• | •••• | •••• |
| 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 Watts Solutions 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.
Peer Comparison of Future Watts Solutions Private Limited
Future Watts Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Annulus Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Modesty Vinimay Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Write Bee Brothers Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Surplus Marketing Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Maasa Production Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Future Watts Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Abhinish Megacorp Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad., Gujarat, India |
| Haji Global Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Tanian Exports Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Toplife Bio Organic Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Cosmos Dealmark Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Future Watts Solutions by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Future Watts Solutions Private Limited
Future Watts Solutions Private Limited is audited by B B A & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B B A & Co. | 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 Watts Solutions Private Limited
Future Watts Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swetapadma Patnaik | Director | 10 Jan 2020 | 6 Years 8 Months | Current |
| Shivanarayan Pattanaik Also directs: Shivkhori Trexim Private Limited, Restate Builders Private Limited | Director | 29 Jun 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Future Watts Solutions 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 Watts Solutions Private Limited
Future Watts Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Future Watts Solutions Private Limited
Future Watts Solutions Private Limited has a workforce of 0 employees as of Apr 06, 2024.
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.
Recent Activity on Future Watts Solutions Private Limited
Future Watts Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Madhumita Samantaray ceased to be Director on 10 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for Future Watts Solutions 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 Watts Solutions 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 Watts Solutions 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.
GST Compliance of Future Watts Solutions Private Limited
Future Watts Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCF1380N1ZQ | Odisha | Active | 01 Sep 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.
MCA Filings & Documents of Future Watts Solutions 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.
Frequently Asked Questions about Future Watts Solutions Private Limited
Future Watts Solutions is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 June 2017 (9+ years old) and is registered under CIN U74999MH2017PTC296732.
Future Watts Solutions reported revenue of ₹10.8 Lakh for FY 2024 (up 134900% YoY).
Future Watts Solutions has 2 current directors:
- Swetapadma Patnaik - Director
- Shivanarayan Pattanaik - Director
Future Watts Solutions reported a net loss of ₹1,100 (net margin -0.1%) and EBITDA of ₹300 (EBITDA margin 0%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Future Watts Solutions is -19% over three years and 8% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Future Watts Solutions is 21AADCF1380N1ZQ, registered in Odisha.
The CIN (Corporate Identification Number) of Future Watts Solutions is U74999MH2017PTC296732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Watts Solutions was incorporated on 29 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Future Watts Solutions by revenue are Annulus Pharmaceuticals Private Limited, Modesty Vinimay Private Limited, Write Bee Brothers Private Limited, Surplus Marketing Private Limited, Maasa Production Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Madhumita Samantaray ceased to be Director on 10 Mar 2020. Swetapadma Patnaik was appointed as Director on 10 Jan 2020. Shivanarayan Pattanaik was appointed as Director on 29 Jun 2017.
The registered office of Future Watts Solutions is at Plot No.56&57 Yashraj Apartment Shopno.1 Sector – 23 Seawoods East Nerul, Navi Mumbai, Maharashtra, India – 400706.