Goa Electronics Limited

Goa Electronics Limited - information technology in Panaji, Goa, India. FY 2026 financials & compliance.
CIN U72100GA1976SGC000260 Incorporated 10 March 1976 ROC Goa HQ Panaji, Goa, India
Active Public Limited State Government Company information technology MSME · Small
Data last updated
Revenue · FY 2024
₹26.41 Cr
▲ 18% YoY
Net loss · FY 2024
₹60.12 Lakh
Net margin -2.3%
EBITDA · FY 2024
₹55.52 Lakh
EBITDA margin 2.1%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹1.8 Cr
Issued & subscribed
Open charges
₹1.02 Cr
Secured borrowings
Company age
50 yrs
Est. 1976
Employees · EPFO
175
Provident fund records

About Goa Electronics Limited

Data last updated:

Goa Electronics Limited is a public limited state government company based in Panaji, Goa, India, a subsidiary of Edc Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 March 1976 and has been in existence for over 50 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U72100GA1976SGC000260. Its GSTIN is 30AAACG7029G1Z2 (Goa). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors including Balkrishna Sripada Borkar (Managing Director) and Revati Sundeep Mujumdar.

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 Ground Floor Shram Shakti Bhavan Edc Complex Patto, Panaji, Goa, India – 403001.

As per the financials filed for FY 2024, the company reported a revenue of ₹26.41 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹60.12 Lakh (net margin -2.3%) and EBITDA of ₹55.52 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 5% over five years.

The company has about 175 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.02 Cr on record. Court records list 15 cases involving the company, including 3 filed by the company and 12 filed against it; 2 cases are pending.

Goa Electronics Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0008873). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goaelectronics.co.in.

Company details

CIN U72100GA1976SGC000260
Registration Number 000260
Incorporation Date 10 March 1976
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Edc Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-01-0008873

CIN history

Goa Electronics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72100GA1976SGC000260, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72100GA1976SGC000260Current
U31904GA1976SGC000260Previous
U31904GA1976PLC000260Previous
Key People
Balkrishna Sripada Borkar Managing Director Revati Sundeep Mujumdar Director Kaustubh Prabhakar Patnekar Director

Recognitions & Rankings of Goa Electronics

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-GA-01-0008873

Contact details

Goa Electronics Limited's registered office is in Panaji, Goa. Its website is goaelectronics.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    goaelectronics.co.in
  • Social Media
  • Apps
  • Registered Address
    Ground Floor Shram Shakti Bhavan Edc Complex Patto, Panaji, Goa, India – 403001
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Goa Electronics Limited, buy the company report.

Comprehensive company report
Goa Electronics 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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Secure checkout · GST invoice included

Business activity

The main business activity of Goa Electronics is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Goa Electronics Limited, buy the company report.

Financials of Goa Electronics Limited

FY 2024 filings available

Goa Electronics Limited reported revenue of ₹26.41 Cr (up 18% YoY) for FY 2024.

Revenue · FY 2024
₹26.41 Cr ▲ 18%
Net loss · FY 2024
₹60.12 Lakh margin -2.3%
EBITDA · FY 2024
₹55.52 Lakh margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 15%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 34%
5 years · compounded
▼ 20%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 18% growth in the latest year. EBITDA fell 67% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹55.52 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹60.12 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.1%
Net Profit Margin-2.3%
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

To see the full financial statements and ratios of Goa Electronics Limited, buy the company report.

Board of directors of Goa Electronics Limited

Goa Electronics has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Revati Sundeep MujumdarDirector17 Oct 20179 Years 0 MonthsCurrent
Kaustubh Prabhakar Patnekar
Also directs: Akkar Royal Foods Private Limited
Director15 Mar 20233 Years 7 MonthsCurrent
Rupesh Ramesh Kamat
Also directs: Value Deals Private Limited
Director15 Mar 20233 Years 7 MonthsCurrent
Pramod Pandurang Sawant
Also directs: Edc Limited, Goa State Infrastructure Development Corporation Limited, Sewerage & Infrastructural Development Corporation of Goa Limited
Director17 Oct 20224 Years 0 MonthsCurrent
Pradyumna Ghanashyam Pai RaikarDirector15 Mar 20233 Years 7 MonthsCurrent
Giriraj Mhalu Pai Vernekar
Also directs: Infinite Possibilities Foundation
Director15 Mar 20233 Years 7 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Auditor

Goa Electronics Limited is audited by R.K. PIKALE & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R.K. PIKALE & CO.FY 2023107919

Shareholding

The shareholding of Goa Electronics Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Goa Electronics Limited, buy the company report.

Charges & borrowings

Open charges
₹1.02 Cr
Satisfied charges
None
Breakdown by lending institutions
Economic Development Corporation of Goa₹0.90 Cr
Bank of India₹0.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Feb 2024100880026Bank of India₹11.64 LakhOpen
16 Dec 199190077070Economic Development Corporation of Goa₹90 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Goa Electronics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Goa Electronics Limited has a workforce of 175 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
175
Active EPFO establishments
1

GST

Goa Electronics has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
30AAACG7029G1Z2GoaActive01 Jul 2017
30AAACG7029G1DBGoaActive26 Oct 2018
07AAACG7029G1ZRDelhiActive24 Nov 2020
27AAACG7029G1ZPMaharashtraActive08 Dec 2021

To see the full GST registrations and return filing status of Goa Electronics Limited, buy the company report.

Recent activity

Goa Electronics Limited has 26 board changes on record since 1998: 9 appointments and 17 cessations. The latest: Ashwin Ashok Kamat ceased to be Director on 15 Mar 2023.

AGM
Goa Electronics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Goa Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Charges
A charge with Bank Of India amounted to Rs. 0.12 Cr with Charge ID 100880026 was registered on 08 Feb 2024.
Ceased
Ashwin Ashok Kamat ceased to be Director.
Appointed
Giriraj Mhalu Pai Vernekar was appointed as Director.
Appointed
Karan Bajaj was appointed as Director.
Appointed
Kaustubh Prabhakar Patnekar was appointed as Director.
Appointed
Pradyumna Ghanashyam Pai Raikar was appointed as Director.
Appointed
Rupesh Ramesh Kamat was appointed as Director.
Appointed
Pramod Pandurang Sawant was appointed as Director.
Ceased
Sudesh Narayan Mandrencar ceased to be Director.
Ceased
Kiran Venkatesh Ballikar ceased to be Director.

19 earlier events are in the company report.

News

Frequently asked questions

Goa Electronics is an active public limited state government company based in Panaji, Goa, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 March 1976 (50+ years old) and is registered under CIN U72100GA1976SGC000260.

Goa Electronics has 9 current directors:

The latest financial statements of Goa Electronics 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 Goa Electronics is 30AAACG7029G1Z2, registered in Goa. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 30AAACG7029G1DB (Goa), 07AAACG7029G1ZR (Delhi), 27AAACG7029G1ZP (Maharashtra).

The CIN (Corporate Identification Number) of Goa Electronics is U72100GA1976SGC000260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Goa Electronics has 15 court cases on record: 3 filed by the company and 12 filed against it. 2 are pending. Most are in the high courts.

Goa Electronics was incorporated on 10 March 1976, making it 50+ years old. It is registered with the Registrar of Companies, Goa.

Ashwin Ashok Kamat ceased to be Director on 15 Mar 2023. Giriraj Mhalu Pai Vernekar was appointed as Director on 15 Mar 2023. Karan Bajaj was appointed as Director on 15 Mar 2023. Goa Electronics has 26 board changes on record in total.

Yes, Goa Electronics is registered as a small enterprise under Udyam registration (number: UDYAM-GA-01-0008873).

Goa Electronics can be reached through the website goaelectronics.co.in. Its registered office is in Panaji, Goa, India.