About Iwai Electronics Pvt Ltd
Data last updated:
Iwai Electronics Pvt Ltd is a private limited company based in Thane, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32100MH1986PTC041008. Its GSTIN is 27AAACI0354A1Z9 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Kumar Velayutham (Whole-Time Director) and Kaval Gulu Mirchandani.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sheetal Industrial Estate No. 4 Vasai – Navghar Road Vasai (E), Thane, Maharashtra, India – 401202.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.87 Cr, a growth of 20.51% compared to the previous year.
The company has about 52 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Iwai. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹4.07 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iwaispeakers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSheetal Industrial Estate No. 4 Vasai – Navghar Road Vasai (E), Thane, Maharashtra, India – 401202
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
Associated Brands with Iwai Electronics Pvt Ltd
Iwai Electronics operates one associated brand: Iwai. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of audio drivers and systems for global markets. | iwaispeakers.com |
Business Activity of Iwai Electronics Pvt Ltd
Iwai Electronics operates primarily in the manufacturing sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Iwai Electronics Pvt Ltd
Iwai Electronics Pvt Ltd is audited by C.B. Pokle & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C.B. Pokle & Co. | 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 Iwai Electronics Pvt Ltd
Iwai Electronics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Velayutham | Whole-Time Director | 03 Sep 2013 | 13 Years 1 Months | Current |
| Kaval Gulu Mirchandani Also directs: Onida Electronics Limited, MSL Driveline Systems Limited, Gulita Wealth Advisors Private Limited and 2 more | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
Financials of Iwai Electronics Pvt Ltd FY 2025 filings available
Iwai Electronics Pvt Ltd reported revenue of ₹23.87 Cr (up 20.51% YoY) for FY 2023.
Financial Statement Summary of Iwai Electronics Pvt Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹23.87 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Iwai Electronics Pvt Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Iwai Electronics are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Iwai Electronics Pvt Ltd
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 Iwai Electronics Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2022 | Others | ₹4.5 Cr | Open |
| 27 Aug 2007 | Hdfc Bank Limited | ₹5.5 Cr | Open |
| 26 Sep 2013 | Others | ₹3.68 Cr | Satisfied |
| 12 Apr 1988 | State Bank of India | ₹39 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Iwai Electronics Pvt Ltd
Iwai Electronics Pvt Ltd has a workforce of 52 employees as of Apr 08, 2024.
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.
GST Compliance of Iwai Electronics Pvt Ltd
Iwai Electronics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI0354A1Z9 | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Iwai Electronics Pvt Ltd
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 Iwai Electronics Pvt Ltd
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 Iwai Electronics Pvt Ltd
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.
MCA Filings & Documents of Iwai Electronics Pvt Ltd
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.
Recent Activity on Iwai Electronics Pvt Ltd
Frequently Asked Questions about Iwai Electronics Pvt Ltd
Iwai Electronics is an active private limited company based in Thane, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 September 1986 (40+ years old) and is registered under CIN U32100MH1986PTC041008.
Iwai Electronics reported revenue of ₹23.87 Cr for FY 2023 (up 20.51% YoY).
Iwai Electronics has 2 current directors:
- Kumar Velayutham - Whole-Time Director
- Kaval Gulu Mirchandani - Director
The GSTIN of Iwai Electronics is 27AAACI0354A1Z9, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Iwai Electronics is U32100MH1986PTC041008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iwai Electronics was incorporated on 23 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Iwai Electronics can be reached through the website iwaispeakers.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Iwai Electronics is at Sheetal Industrial Estate No. 4 Vasai – Navghar Road Vasai E, Thane, Maharashtra, India – 401202.
Iwai Electronics has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh.