About Hifiman Electronics India Private Limited
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Hifiman Electronics India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52609KA2019PTC124097. Its GSTIN is 29AAECH9037R1ZP (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.16 Lakh. It is led by directors Purna Chandra Samal and Chennaiah Bhemaiah Rajesh Kumar.
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 #229 18th Main 5th Cross 6th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.04 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹38.29 Lakh (net margin -36.9%) and EBITDA of -₹37.97 Lakh (EBITDA margin -36.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company is associated with 1 brand: Hifiman.
For more details, the company can be reached via its website hifiman.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#229 18th Main 5th Cross 6th Block Koramangala, Bangalore, Karnataka, India – 560095
- 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 Hifiman Electronics India Private Limited
The main business activity of Hifiman Electronics India 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 Hifiman Electronics India Private Limited FY 2025 filings available
Hifiman Electronics India Private Limited reported revenue of ₹1.04 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hifiman Electronics India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 39% fall 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 Hifiman Electronics India 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 | -₹37.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38.29 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 of Hifiman Electronics India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -36.9% | •••• | •••• | •••• | •••• |
| 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 Hifiman Electronics India are in the company report.
Financial statements from FY 2020
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 Hifiman Electronics India Private Limited
Hifiman Electronics India Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Standard Electronic Systems Private Limited | •••• | •••• | •••• | •••• | - | Tiruchirappalli, Tamil Nadu, India |
| Auralux Lighting India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Kaava Air Innovations Private Limited | •••• | •••• | •••• | •••• | - | Jodhpur, Rajasthan, India |
| Softmax Trading Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| N and S Proserv Private Limited | •••• | •••• | •••• | •••• | - | Kochi, Kerala, India |
| Hifiman Electronics India Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| RXN Electric Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Luh & Wayahn International Private Limited | •••• | •••• | •••• | •••• | - | Niali, Orissa, India |
| Congjing Trading Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| JVH Technologies Private Limited | •••• | •••• | •••• | •••• | - | Agra, Uttar Pradesh, India |
| Q-Space Systems Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Hifiman Electronics India by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Hifiman Electronics India Private Limited
Hifiman Electronics India Private Limited is audited by NARA HARI & RAGHAVENDRA for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARA HARI & RAGHAVENDRA | 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 Hifiman Electronics India Private Limited
Hifiman Electronics India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chennaiah Bhemaiah Rajesh Kumar | Additional Director | 21 Nov 2019 | 6 Years 10 Months | Current |
| Purna Chandra Samal Also directs: Sunkissed Lifestyle LLP | Director | 07 May 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Hifiman Electronics India 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 Hifiman Electronics India Private Limited
Hifiman Electronics India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Hifiman Electronics India Private Limited
Hifiman Electronics India operates one associated brand: HIFIMAN. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solutions for consumer and SME loans. | hifiman.com |
Employees and EPFO Compliance at Hifiman Electronics India Private Limited
Employment history and EPFO contributions of people linked to Hifiman Electronics India.
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 Hifiman Electronics India Private Limited
Hifiman Electronics India Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Bian Fang ceased to be Additional Director on 03 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Hifiman Electronics India 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 Hifiman Electronics India 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 Hifiman Electronics India 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 Hifiman Electronics India Private Limited
Hifiman Electronics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH9037R1ZP | Karnataka | Active | 01 Jul 2019 |
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 Hifiman Electronics India 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 Hifiman Electronics India Private Limited
Hifiman Electronics India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 May 2019 (7+ years old) and is registered under CIN U52609KA2019PTC124097.
Hifiman Electronics India reported revenue of ₹1.04 Cr for FY 2024 (down 39% YoY).
Hifiman Electronics India has 2 current directors:
- Chennaiah Bhemaiah Rajesh Kumar - Additional Director
- Purna Chandra Samal - Director
Hifiman Electronics India reported a net loss of ₹38.29 Lakh (net margin -36.9%) and EBITDA of -₹37.97 Lakh (EBITDA margin -36.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hifiman Electronics India is -12% over three years. In the latest year (FY 2024) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hifiman Electronics India is 29AAECH9037R1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Hifiman Electronics India is U52609KA2019PTC124097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hifiman Electronics India was incorporated on 07 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hifiman Electronics India by revenue are Standard Electronic Systems Private Limited, Auralux Lighting India Private Limited, Kaava Air Innovations Private Limited, Softmax Trading Private Limited, N and S Proserv Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Bian Fang ceased to be Additional Director on 03 Nov 2022. Chennaiah Bhemaiah Rajesh Kumar was appointed as Additional Director on 21 Nov 2019. Bian Fang was appointed as Additional Director on 12 Sep 2019. Hifiman Electronics India has 6 board changes on record in total.
Hifiman Electronics India can be reached through the website hifiman.com. Its registered office is in Bangalore, Karnataka, India.