Honey Spark Erosion Private Limited

Honey Spark Erosion Private Limited - consumer electronics & durables in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U32109PB1995PTC016740 Incorporated 07 July 1995 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company consumer electronics and durables MSME · Micro
Data last updated
Revenue · FY 2025
₹80.59 Lakh
▼ 18% YoY
Net profit · FY 2025
₹934
Net margin 0%
EBITDA · FY 2025
₹10.94 Lakh
EBITDA margin 13.6%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹11 Lakh
Issued & subscribed
Open charges
₹68.2 Lakh
Satisfied ₹13 Lakh
Company age
31 yrs
Est. 1995
Directors on board
4
As per MCA filings

About Honey Spark Erosion Private Limited

Data last updated:

Honey Spark Erosion Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 July 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U32109PB1995PTC016740. Its GSTIN is 03AAACH4185L1ZK (Punjab).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Suman Mittal and Pratima Mittal.

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 F 63 Phase VII, Ludhiana, Punjab, India – 141010.

As per the financials filed for FY 2025, the company reported a revenue of ₹80.59 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹934 (net margin 0%) and EBITDA of ₹10.94 Lakh (EBITDA margin 13.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.

As per MCA filings, the company has open charges of ₹68.2 Lakh and satisfied charges of ₹13 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.

Honey Spark Erosion Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0018575). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U32109PB1995PTC016740
Registration Number 016740
Incorporation Date 07 July 1995
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0018575
Key People
Suman Mittal Director Pratima Mittal Director Rajeev Kumar Mittal Director

Recognitions & Rankings of Honey Spark Erosion

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-PB-12-0018575

Contact details

Honey Spark Erosion Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    F 63 Phase VII, Ludhiana, Punjab, India – 141010
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Honey Spark Erosion Private Limited, buy the company report.

Comprehensive company report
Honey Spark Erosion 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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Business activity

The main business activity of Honey Spark Erosion is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Honey Spark Erosion Private Limited, buy the company report.

Financials of Honey Spark Erosion Private Limited

FY 2025 filings available

Honey Spark Erosion Private Limited reported revenue of ₹80.59 Lakh (down 18% YoY) for FY 2025.

Revenue · FY 2025
₹80.59 Lakh ▼ 18%
Net profit · FY 2025
₹934 margin 0%
EBITDA · FY 2025
₹10.94 Lakh margin 13.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 6%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 8%
5 years · compounded
▼ 8%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 18% fall in the latest year. EBITDA fell 14% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹10.94 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹934
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.6%
Net Profit Margin0%
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 Honey Spark Erosion Private Limited, buy the company report.

Board of directors of Honey Spark Erosion Private Limited

Honey Spark Erosion has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Suman MittalDirector01 Nov 201313 Years 0 MonthsCurrent
Pratima MittalDirector01 Nov 201313 Years 0 MonthsCurrent
Rajeev Kumar MittalDirector07 Jul 199531 Years 4 MonthsCurrent
Sandeep Kumar MittalDirector07 Jul 199531 Years 4 MonthsCurrent
View all directors

Peer comparison

Honey Spark Erosion Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Die Casting, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
True North Technologies Private Limited₹80.91 Lakh (FY 2025)-81.0%Delhi, India
K&Ds Electronic Limited₹80.84 Lakh (FY 2025)0.0%Rajkot, Gujarat, India
Honey Spark Erosion Private Limitedthis company₹80.59 Lakh (FY 2025)₹9340%-18.0%Ludhiana, Punjab, India
Hoeller Manufacturing India Private Limited₹80.11 Lakh (FY 2024)-70.0%Bangalore, Karnataka, India

To see the full peer comparison of Honey Spark Erosion Private Limited, buy the company report.

Auditor

Honey Spark Erosion Private Limited is audited by MOHAN & MOHAN for the financial year 2021.

Auditor firmFinancial yearFirm registration number
MOHAN & MOHANFY 2021002612N

Shareholding

The shareholding of Honey Spark Erosion Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Honey Spark Erosion Private Limited, buy the company report.

Charges & borrowings

Open charges
₹68.2 Lakh
Satisfied charges
₹13 Lakh
Breakdown by lending institutions
Others₹0.30 Cr
Sidbi₹0.20 Cr
Central Bank of India₹0.18 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jan 2025101037963Sidbi₹20.2 LakhOpen
15 Feb 2022100544004Others₹30 LakhOpen
03 Feb 199990175916Central Bank of India₹18 LakhOpen
08 Apr 201410489147Small Industries Development Bank of India₹13 LakhSatisfied

To see the full charge records of Honey Spark Erosion Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

GST

Honey Spark Erosion has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAACH4185L1ZKPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Honey Spark Erosion Private Limited, buy the company report.

Recent activity

Honey Spark Erosion Private Limited has 4 board changes on record since 1995: 4 appointments. The latest: Pratima Mittal was appointed as Director on 01 Nov 2013.

AGM
Honey Spark Erosion Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Honey Spark Erosion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Sidbi amounted to Rs. 20.20 Lakh with Charge ID 101037963 was registered on 28 Jan 2025.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100544004 was registered on 15 Feb 2022.
Charges
A charge registered on 08 Apr 2014 via Charge ID 10489147 with Small Industries Development Bank Of India was fully satisfied on 27 Jun 2017.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 13.00 Lakh with Charge ID 10489147 was registered on 08 Apr 2014.
Appointed
Pratima Mittal was appointed as Director.
Appointed
Suman Mittal was appointed as Director.
Charges
A charge with Central Bank Of India amounted to Rs. 18.00 Lakh with Charge ID 90175916 was registered on 03 Feb 1999.
Appointed
Rajeev Kumar Mittal was appointed as Director.
Appointed
Sandeep Kumar Mittal was appointed as Director.
Incorporation
07 Jul 1995
Honey Spark Erosion Private Limited was registered on 07 Jul 1995 with Roc Chandigarh & aged 31 years 4 months as per MCA records.

Frequently asked questions

Honey Spark Erosion is an active private limited company based in Ludhiana, Punjab, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 July 1995 (31+ years old) and is registered under CIN U32109PB1995PTC016740.

Honey Spark Erosion has 4 current directors:

The latest financial statements of Honey Spark Erosion on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Honey Spark Erosion is 03AAACH4185L1ZK, registered in Punjab.

The CIN (Corporate Identification Number) of Honey Spark Erosion is U32109PB1995PTC016740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Honey Spark Erosion has 4 court cases on record: 3 filed by the company and 1 filed against it.

Honey Spark Erosion was incorporated on 07 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Honey Spark Erosion by revenue are True North Technologies Private Limited, K&Ds Electronic Limited, Hoeller Manufacturing India Private Limited, all in the Manufacturing industry (Die Casting, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Pratima Mittal was appointed as Director on 01 Nov 2013. Suman Mittal was appointed as Director on 01 Nov 2013. Rajeev Kumar Mittal was appointed as Director on 07 Jul 1995. Honey Spark Erosion has 4 board changes on record in total.

Yes, Honey Spark Erosion is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0018575).

The registered office of Honey Spark Erosion is at F 63 Phase VII, Ludhiana, Punjab, India – 141010.