Infiniti Retail Limited

Infiniti Retail Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U31900MH2005PLC158120 Incorporated 16 December 2005 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company consumer electronics and durables Fortune India 500 · #147
Data last updated
Revenue · FY 2024
₹18,009 Cr
▲ 12% YoY
Net loss · FY 2024
₹986.7 Cr
Net margin -5.5%
EBITDA · FY 2024
-₹187.3 Cr
EBITDA margin -1%
Authorised capital
₹6,000 Cr
Registered with MCA
Paid-up capital
₹3,790 Cr
Issued & subscribed
Open charges
₹110 Cr
Satisfied ₹525 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
13,300
Provident fund records

About Infiniti Retail Limited

Data last updated:

Infiniti Retail Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Digital Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 December 2005 and has been in existence for over 21 years.

Infiniti Retail is ranked #147 on the Fortune India 500 (2025).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31900MH2005PLC158120. Its GSTIN is 27AACCV1726H1ZE (Maharashtra). The company holds 21 GST registrations, of which 18 are active.

The company has an authorised share capital of ₹6,000 Cr and a paid-up capital of ₹3,790 Cr. It was formerly known as Value Electronics Limited. It is led by directors including Harish Ramananda Bhat and Suma Venkatesh.

Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 701 & 702 Wing A 7th Floor Kaledonia Sahar Road Andheri East, Mumbai, Maharashtra, India – 400069.

As per the financials filed for FY 2024, the company reported a revenue of ₹18,009 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹986.7 Cr (net margin -5.5%) and EBITDA of -₹187.3 Cr (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 31% over five years.

The company has about 13,300 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹110 Cr and satisfied charges of ₹525 Cr on record. Court records list 138 cases involving the company, including 79 filed by the company and 59 filed against it; 36 cases are pending. The company has 12 deals on record (7 funding rounds, 3 rights issues, 1 convertible or debt financing), with disclosed funding of ₹2,848.95 Cr; the latest was in March 2025. The company has 25 MSME Form 1 returns on record between 2017 and 2024, listing 12,204 overdue payments to 817 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website croma.com.

Company details

CIN U31900MH2005PLC158120
Registration Number 158120
Incorporation Date 16 December 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Tata Digital Private Limited
Compliance Status Active Compliant

CIN history

Infiniti Retail has one previous CIN (Corporate Identification Number): U31900MH2005PTC158120. The current CIN is U31900MH2005PLC158120, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31900MH2005PLC158120Current
U31900MH2005PTC158120Previous
Key People
Shibashish Roy Ceo Sivanandan Sajith Additional Director Harish Ramananda Bhat Director

Recognitions & Rankings of Infiniti Retail

Fortune India 500 2025 edition
Rank#147
Total income
₹19,552 Cr
Profit
₹-1,091 Cr
Last year #132

Contact details

Infiniti Retail Limited's registered office is in Mumbai, Maharashtra. Its website is croma.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    croma.com
  • Social Media
  • Registered Address
    Unit No. 701 & 702 Wing A 7th Floor Kaledonia Sahar Road Andheri East, Mumbai, Maharashtra, India – 400069
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Infiniti Retail Limited, buy the company report.

Comprehensive company report
Infiniti Retail 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Infiniti Retail Limited

FY 2025 filings available

Infiniti Retail Limited reported revenue of ₹18,009 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹18,009 Cr ▲ 12%
Net loss · FY 2024
₹986.7 Cr margin -5.5%
EBITDA · FY 2024
-₹187.3 Cr margin -1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 49%
5 years · compounded
▲ 31%

Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 12% growth 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₹18,009 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹187.3 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹986.7 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-1%
Net Profit Margin-5.5%
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 Infiniti Retail Limited, buy the company report.

Board of directors and KMP of Infiniti Retail Limited

Infiniti Retail Limited currently reports 8 directors and 1 key managerial person. 30 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Sivanandan Sajith
Also directs: Tata 1Mg Technologies Private Limited, Supermarket Grocery Supplies Private Limited, Tata Unistore Limited and 1 more
Additional Director09 Sep 20251 Years 1 MonthsCurrent
Harish Ramananda Bhat
Also directs: Tata Starbucks Private Limited
Director13 Sep 201313 Years 1 MonthsCurrent
Suma Venkatesh
Also directs: Piem Hotels Limited, Tata 1Mg Technologies Private Limited
Director01 Jul 20251 Years 3 MonthsCurrent
Naveen KrishnaDirector11 Aug 20206 Years 2 MonthsCurrent
Avijit MitraPerson Incharge26 Aug 200818 Years 2 MonthsCurrent
Ankur Verma
Also directs: Tata 1Mg Technologies Private Limited, Tata Communications Limited, Tata Capital Limited and 5 more
Director22 May 20233 Years 5 MonthsCurrent
Showing 6 of 9 current directors and KMP. View all directors and KMP

Auditor

Infiniti Retail Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
PKF Sridhar & Santhanam LLPFY 2024003990S/S200018

Shareholding

The shareholding of Infiniti Retail 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 Infiniti Retail Limited, buy the company report.

Charges & borrowings

Open charges
₹110 Cr
Satisfied charges
₹525 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹60.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹50.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Oct 200710072616Hdfc Bank Limited₹60 CrOpen
02 Jul 200710060065The Hongkong and Shanghai Banking Corporation Limited₹50 CrOpen
18 Dec 201510614701Idbi Trusteeship Services Limited₹150 CrSatisfied
21 Oct 201310455093Idbi Trusteeship Services Limited₹100 CrSatisfied
05 Jun 201210360658Idbi Trusteeship Services Limited₹150 CrSatisfied

To see the full charge records of Infiniti Retail Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Infiniti Retail Limited has 12 deals on record (7 funding rounds, 3 rights issues, 1 convertible or debt financing), with disclosed funding of ₹2,848.95 Cr; the latest was in March 2025.

Total deals
12
Funding rounds
7
Rights issues
3
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹2,848.95 Cr

Deals on record (5 of 12)

WhenDealAmountParties
Mar 2025Funding round₹1,000 CrInvestors: Tata Digital Private Limited
Feb 2023Funding round₹1,000 CrInvestors: Tata Digital Private Limited
Nov 2021Secondary share transferUndisclosedBuyer: Tata Digital Private Limited
Seller: Tata Sons Private Limited
Apr 2021Rights issue₹750 CrInvestors: Tata Digital Private Limited , Tata Sons Private Limited
Sep 2019Rights issue₹250 CrInvestors: Tata Sons Private Limited

To see the full deal history of Infiniti Retail Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Infiniti Retail Limited was last rated by Care on 09 Jul 2026.

Rating agencyRated onRating
Care09 Jul 2026

To see the full credit ratings and regulatory alerts of Infiniti Retail Limited, buy the company report.

MSME payment delays

Infiniti Retail Limited has 25 MSME Form 1 returns on record between 2017 and 2024, listing 12,204 overdue payments to 817 micro and small suppliers. 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 (5 of 817)

SupplierAmount dueDue sinceReported on
SGS Enterprises
Jayam Ads
an individual supplier
Navitas Gensets Private Limited
R B Logistics

To see the full MSME payment records of Infiniti Retail Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Infiniti Retail Limited has a workforce of 13,300 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
13,300
Active EPFO establishments
1
Employee growth
25.57%

GST

Infiniti Retail has 21 GST registrations: 18 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
21
Active
18
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AACCV1726H1ZEMaharashtraActive01 Jul 2017
04AACCV1726H1ZMChandigarhActive01 Jul 2017
06AACCV1726H1ZIHaryanaActive01 Jul 2017
09AACCV1726H1ZCUttar PradeshActive01 Jul 2017

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

Recent activity

Infiniti Retail Limited has 38 board changes on record since 2008: 9 appointments and 29 cessations. The latest: Sivanandan Sajith was appointed as Additional Director on 09 Sep 2025.

Appointed
Sivanandan Sajith was appointed as Additional Director.
AGM
Infiniti Retail Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records.
Ceased
Suma Venkatesh ceased to be Additional Director.
Appointed
Suma Venkatesh was appointed as Director.
Ceased
Shibashish Roy ceased to be Additional Director.
Filing
Infiniti Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Shibashish Roy was appointed as CEO.
Ceased
Naveen Dindayal Tahilyani ceased to be Additional Director.
Ceased
Anthonypaul Kennedy Chettiar ceased to be Company Secretary.
Appointed
Ankur Verma was appointed as Director.
Ceased
Ankur Verma ceased to be Additional Director.
Ceased
Rajendra Ramdas Bhinge ceased to be Director.

44 earlier events are in the company report.

News

Croma appoints Shibashish Roy as new CEO & MD
31 Mar 2025 · Thehindubusinessline

Frequently asked questions

Infiniti Retail is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 December 2005 (21+ years old) and is registered under CIN U31900MH2005PLC158120.

Infiniti Retail has 9 current directors and KMP:

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

The GSTIN of Infiniti Retail is 27AACCV1726H1ZE, registered in Maharashtra. The company has 21 GST registrations in all, of which 18 are active and 3 are cancelled or inactive. Other active GSTINs include 04AACCV1726H1ZM (Chandigarh), 06AACCV1726H1ZI (Haryana), 09AACCV1726H1ZC (Uttar Pradesh).

The CIN (Corporate Identification Number) of Infiniti Retail is U31900MH2005PLC158120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Infiniti Retail has 138 court cases on record: 79 filed by the company and 59 filed against it. 36 are pending. Most are in the district courts.

Infiniti Retail was incorporated on 16 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.

Infiniti Retail has 12 deals on record (7 funding rounds, 3 rights issues, 1 convertible or debt financing), with disclosed funding of ₹2,848.95 Cr; the latest was in March 2025.

Sivanandan Sajith was appointed as Additional Director on 09 Sep 2025. Suma Venkatesh ceased to be Additional Director on 29 Jul 2025. Suma Venkatesh was appointed as Director on 01 Jul 2025. Infiniti Retail has 38 board changes on record in total.

Infiniti Retail has 25 MSME Form 1 returns on record between 2017 and 2024, listing 12,204 overdue payments to 817 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Infiniti Retail can be reached through the website croma.com. Its registered office is in Mumbai, Maharashtra, India.