Hisense India Private Limited

Hisense India Private Limited - consumer electronics & durables in Koregaon Park, Maharashtra, India. FY 2026 financials & compliance.
CIN U29309PN2019FTC182963 Incorporated 25 March 2019 ROC Pune HQ Koregaon Park, Maharashtra, India
Active Foreign Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2024
₹617.95 Cr
▲ 42% YoY
Net loss · FY 2024
₹62.98 Cr
Net margin -10.2%
EBITDA · FY 2024
-₹61.32 Cr
EBITDA margin -9.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
39
Provident fund records
Directors on board
3
As per MCA filings

About Hisense India Private Limited

Data last updated:

Hisense India Private Limited is a foreign private limited company based in Koregaon Park, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 March 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2019FTC182963. Its GSTIN is 27AAECH8546B1ZM (Maharashtra). The company holds 8 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rakesh Chauhan and David Jonathan Gold.

Its last annual general meeting (AGM) was held on 29 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 2 Unit 24 Ground Floor Mit Olympus C.T.S. Number 12 Lane E, Koregaon Park, Maharashtra, India – 411001.

As per the financials filed for FY 2024, the company reported a revenue of ₹617.95 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹62.98 Cr (net margin -10.2%) and EBITDA of -₹61.32 Cr (EBITDA margin -9.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.

The company has about 39 employees on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

For more details, the company can be reached via its website hisense-india.com.

Company details

CIN U29309PN2019FTC182963
Registration Number 182963
Incorporation Date 25 March 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 November 2024
Date of Balance Sheet 31 March 2024

Contact details

Hisense India Private Limited's registered office is in Koregaon Park, Maharashtra. Its website is hisense-india.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 2 Unit 24 Ground Floor Mit Olympus C.T.S. Number 12 Lane E, Koregaon Park, Maharashtra, India – 411001
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Hisense India Private Limited, buy the company report.

Comprehensive company report
Hisense India Private 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 Hisense India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Hisense India Private Limited, buy the company report.

Financials of Hisense India Private Limited

FY 2024 filings available

Hisense India Private Limited reported revenue of ₹617.95 Cr (up 42% YoY) for FY 2024.

Revenue · FY 2024
₹617.95 Cr ▲ 42%
Net loss · FY 2024
₹62.98 Cr margin -10.2%
EBITDA · FY 2024
-₹61.32 Cr margin -9.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▼ 227%
3 years · compounded
▼ 491%

Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 42% growth in the latest year. EBITDA fell 227% 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-₹61.32 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹62.98 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-9.9%
Net Profit Margin-10.2%
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 Hisense India Private Limited, buy the company report.

Board of directors of Hisense India Private Limited

Hisense India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh ChauhanDirector06 Dec 20223 Years 10 MonthsCurrent
David Jonathan GoldDirector03 Jan 20242 Years 9 MonthsCurrent
Kuang LiDirector19 Nov 20214 Years 11 MonthsCurrent

Auditor

Hisense India Private Limited is audited by AARK & CO. ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AARK & CO. ASSOCIATESFY 2023034295N

Shareholding

The shareholding of Hisense India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

To see the full shareholding pattern of Hisense India Private Limited, buy the company report.

MSME payment delays

Hisense India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Vsat Refurb Solutions Private Limited

To see the full MSME payment records of Hisense India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hisense India Private Limited has a workforce of 39 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
39
Active EPFO establishments
1
Employee growth
11.43%

GST

Hisense India has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
8
GSTINStateStatusRegistered on
27AAECH8546B1ZMMaharashtraActive23 Apr 2019
09AAECH8546B1ZKUttar PradeshActive21 Jan 2020
33AAECH8546B1ZTTamil NaduActive13 Oct 2020
06AAECH8546B1ZQHaryanaActive23 Feb 2023

To see the full GST registrations and return filing status of Hisense India Private Limited, buy the company report.

Recent activity

Hisense India Private Limited has 10 board changes on record since 2021: 3 appointments and 7 cessations. The latest: David Jonathan Gold ceased to be Additional Director on 29 Sep 2024.

AGM
Hisense India Private Limited last Annual general meeting of members was held on 29 Nov 2024 as per latest MCA records.
Ceased
David Jonathan Gold ceased to be Additional Director.
Ceased
Youbo Li ceased to be Director.
Filing
Hisense India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
David Jonathan Gold was appointed as Director.
Ceased
Rakesh Chauhan ceased to be Additional Director.
Appointed
Rakesh Chauhan was appointed as Director.
Ceased
Rishi Tandan ceased to be Additional Director.
Ceased
Santosh Pai Kundapur ceased to be Director.
Ceased
Kuang Li ceased to be Additional Director.
Appointed
Kuang Li was appointed as Director.
Ceased
Zhenyu Liu ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Hisense India is an active foreign private limited company based in Koregaon Park, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 March 2019 (7+ years old) and is registered under CIN U29309PN2019FTC182963.

Hisense India has 3 current directors:

The latest financial statements of Hisense India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 November 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Hisense India is 27AAECH8546B1ZM, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 09AAECH8546B1ZK (Uttar Pradesh), 33AAECH8546B1ZT (Tamil Nadu), 06AAECH8546B1ZQ (Haryana).

The CIN (Corporate Identification Number) of Hisense India is U29309PN2019FTC182963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hisense India has 1 court case on record: 1 filed against it. 1 is pending.

Hisense India was incorporated on 25 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.

David Jonathan Gold ceased to be Additional Director on 29 Sep 2024. Youbo Li ceased to be Director on 01 Apr 2024. David Jonathan Gold was appointed as Director on 03 Jan 2024. Hisense India has 10 board changes on record in total.

Hisense India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.

Hisense India can be reached through the website hisense-india.com. Its registered office is in Koregaon Park, Maharashtra, India.

The registered office of Hisense India is at Office No. 2 Unit 24 Ground Floor Mit Olympus C.T.S. Number 12 Lane E, Koregaon Park, Maharashtra, India – 411001.