Jet Time India Private Limited
About Jet Time India Private Limited
Data last updated:
Jet Time India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 30 April 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32100MH1987PTC043156. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹28 Lakh. It is led by directors including Arvind Ishwarlal Patel and Nirmal Suresh Patel.
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 64 Swastik Co – Op Hsg Society J V P D Road No 4 Vile Parle, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.37 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.92 Lakh (net margin 57%) and EBITDA of ₹2.59 Lakh (EBITDA margin 76.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹1.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address64 Swastik Co – Op Hsg Society J V P D Road No 4 Vile Parle, Mumbai, Maharashtra, India – 400056
- 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
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Business Activity of Jet Time India Private Limited
The main business activity of Jet Time India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Jet Time India Private Limited FY 2025 filings available
Jet Time India Private Limited reported revenue of ₹3.37 Lakh (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Jet Time India Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 41% 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 Jet Time 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 | ₹2.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.92 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 Jet Time India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 57% | •••• | •••• | •••• | •••• |
| 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 Jet Time India 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.
Peer Comparison of Jet Time India Private Limited
Jet Time India Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chib Electronics Private Limited | ₹3.4 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Microwave and Optronics Systems Private Limited | ₹3.4 Lakh (FY 2023) | •••• | •••• | -88.0% | •••• | Bangalore, Karnataka, India |
| Sunvex Solar Private Limited | ₹3.39 Lakh (FY 2025) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| M K Lighting Equipment Pvt Ltd | ₹3.38 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Stellar Greentech Private Limited | ₹3.37 Lakh (FY 2021) | •••• | •••• | 19518.0% | •••• | Gurgaon, Haryana, India |
| Jet Time India Private Limited this company | ₹3.37 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Mumbai, Maharashtra, India |
| Sunhaarv Energy Private Limited | ₹3.34 Lakh (FY 2020) | •••• | •••• | -57.0% | •••• | Coimbatore, Tamil Nadu, India |
| X_Design Ventures Private Limited | ₹3.33 Lakh (FY 2022) | •••• | •••• | 8.0% | •••• | Telangana, India |
| Dronagiri Bokadvira North Infra Limited | ₹3.33 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Ulwe Waterfront East Infra Limited | ₹3.33 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Dronagiri Funde South Infra Limited | ₹3.33 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Jet Time India by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Jet Time India Private Limited
Jet Time India Private Limited is audited by THANAWALA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| THANAWALA & 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 Jet Time India Private Limited
Jet Time India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Ishwarlal Patel | Director | 16 Nov 1995 | 30 Years 10 Months | Current |
| Nirmal Suresh Patel Also directs: Renis Properties Private Limited, Renis Electronics Private Limited, The Master Clock and Watch Works Private Limited and 3 more | Director | 02 Aug 2004 | 22 Years 2 Months | Current |
| Suresh Ishwarlal Patel Also directs: Renis Properties Private Limited, Renis Electronics Private Limited, The Master Clock and Watch Works Private Limited and 3 more | Director | 08 Sep 1987 | 39 Years 1 Months | Current |
| Rekha Suresh Patel Also directs: Renis Properties Private Limited, Renis Electronics Private Limited, The Master Clock and Watch Works Private Limited and 1 more | Director | 04 Jul 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Jet Time 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 Jet Time India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2001 | Mandvi Co-Op. Bank Ltd. | ₹25 Lakh | Open |
| 21 Mar 1991 | Economic Development Corporate Gao | ₹85 Lakh | Open |
| 28 Mar 1990 | Indian Bank | ₹60 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Jet Time India Private Limited
Employment history and EPFO contributions of people linked to Jet Time 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.
CIN History of Jet Time India Private Limited
Jet Time India has one previous CIN (Corporate Identification Number): U32100MH2004PTC043156. The current CIN is U32100MH1987PTC043156, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32100MH1987PTC043156 | Current |
| U32100MH2004PTC043156 | Previous |
Recent Activity on Jet Time India Private Limited
Jet Time India Private Limited has 5 board changes on record since 1987: 4 appointments and 1 cessation. The latest: Rekha Suresh Patel ceased to be Additional Director on 17 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Jet Time 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 Jet Time 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 Jet Time 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 Jet Time India Private Limited
Jet Time India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Jet Time 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 Jet Time India Private Limited
Jet Time India is an active private 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 30 April 1987 (39+ years old) and is registered under CIN U32100MH1987PTC043156.
Jet Time India reported revenue of ₹3.37 Lakh for FY 2024 (down 34% YoY).
Jet Time India has 4 current directors:
- Arvind Ishwarlal Patel - Director
- Nirmal Suresh Patel - Director
- Suresh Ishwarlal Patel - Director
- Rekha Suresh Patel - Director
Jet Time India reported a net profit of ₹1.92 Lakh (net margin 57%) and EBITDA of ₹2.59 Lakh (EBITDA margin 76.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jet Time India is -30% over three years and 13% over five years. In the latest year (FY 2024) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
No. Jet Time India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Jet Time India is U32100MH1987PTC043156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jet Time India was incorporated on 30 April 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jet Time India by revenue are Chib Electronics Private Limited, Microwave and Optronics Systems Private Limited, Sunvex Solar Private Limited, M K Lighting Equipment Pvt Ltd, Stellar Greentech Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Rekha Suresh Patel ceased to be Additional Director on 17 Sep 2019. Rekha Suresh Patel was appointed as Director on 04 Jul 2019. Nirmal Suresh Patel was appointed as Director on 02 Aug 2004. Jet Time India has 5 board changes on record in total.
The registered office of Jet Time India is at 64 Swastik Co – Op Hsg Society J V P D Road No 4 Vile Parle, Mumbai, Maharashtra, India – 400056.