MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0107109
Jove Electronics Private Limited - engineering in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.41 Cr
▲ 8% YoY
Net profit · FY 2025
₹1.11 Cr
Net margin 5.4%
EBITDA · FY 2025
₹2.05 Cr
EBITDA margin 10.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹28.05 Lakh
Issued & subscribed
Open charges
₹3.44 Cr
Satisfied ₹7.61 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
18
Provident fund records
About Jove Electronics Private Limited
Data last updated:
Jove Electronics Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 11 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909MH1996PTC102493. Its GSTIN is 27AABCJ4613N1ZE (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.05 Lakh. It is led by directors including Dinesh Pandit Toradmal (Whole-Time Director) and Pushpa Chandrakant Naik (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot Number: W – 157 – A; S Block MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.41 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 5.4%) and EBITDA of ₹2.05 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 18% over five years.
The company has about 18 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Jove Electronics. As per MCA filings, the company has open charges of ₹3.44 Cr and satisfied charges of ₹7.61 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Jove Electronics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0107109). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website joveelectronics.com.
Company details
CIN U31909MH1996PTC102493
Registration Number 102493
Incorporation Date 11 September 1996
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0107109
Key People
Dinesh Pandit Toradmal Whole-Time Director Pushpa Chandrakant Naik Whole-Time Director Swapnil Chandrakant Naik Director Recognitions & Rankings of Jove Electronics
Contact details
Jove Electronics Private Limited's registered office is in Pune, Maharashtra. Its website is joveelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot Number: W – 157 – A; S Block MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Jove Electronics Private Limited, buy the company report.
Comprehensive company report
Jove Electronics 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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Brands
Jove Electronics operates one associated brand: Jove Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides high-quality integrator and automation solutions for industrial applications. | joveelectronics.com |
Business activity
The main business activity of Jove Electronics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Jove Electronics Private Limited, buy the company report.
Financials of Jove Electronics Private Limited
FY 2024 filings availableJove Electronics Private Limited reported revenue of ₹20.41 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹20.41 Cr ▲ 8%
Net profit · FY 2025
₹1.11 Cr margin 5.4%
EBITDA · FY 2025
₹2.05 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 10%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 12%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 8% growth in the latest year. EBITDA rose 1% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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To see the full financial statements and ratios of Jove Electronics Private Limited, buy the company report.
Board of directors of Jove Electronics Private Limited
Jove Electronics has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapnil Chandrakant Naik Also directs: Sid Electric Private Limited, SNDT Automation Private Limited | Director | 29 May 2020 | 6 Years 4 Months | Current |
| Dinesh Pandit Toradmal | Whole-Time Director | 28 Feb 2009 | 17 Years 7 Months | Current |
| Pushpa Chandrakant Naik Also directs: Transfield Transformers & Electronics Private Limited | Whole-Time Director | 10 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Jove Electronics Private Limited is audited by SNDA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNDA & ASSOCIATES | FY 2022 | 128886W |
Shareholding
The shareholding of Jove Electronics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jove Electronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.44 Cr
Satisfied charges
₹7.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2024 | 100993291 | Others | ₹43 Lakh | Open | |
| 21 Nov 2022 | 100643865 | Others | ₹1.2 Cr | Open | |
| 25 Nov 2021 | 100525628 | Others | ₹1.81 Cr | Open | |
| 07 May 2022 | 100581121 | Others | ₹1.04 Cr | Satisfied | |
| 16 Apr 2019 | 100258669 | Others | ₹2.6 Cr | Satisfied |
To see the full charge records of Jove Electronics Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Jove Electronics Private Limited has 3 court cases on record: 3 filed by Jove Electronics. All cases are pending.
Total cases
3
Filed by the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Synergytech Automation Pvt.Ltd., | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
To see the full case history of Jove Electronics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Jove Electronics Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 12 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Think Engineering Co. | |||
| Transfield Transformers & Electronics Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Jove Electronics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Jove Electronics has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Transfield Transformers & Electronics Private Limited | U31908PN2015PTC154199 |
To see the full group structure of Jove Electronics Private Limited, buy the company report.
Employees & EPFO
Jove Electronics Private Limited has a workforce of 18 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
12.5%
GST
Jove Electronics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ4613N1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jove Electronics Private Limited, buy the company report.
Recent activity
Jove Electronics Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Swapnil Chandrakant Naik ceased to be Additional Director on 20 Nov 2020.
Charges
A charge with Others amounted to Rs. 43.00 Lakh with Charge ID 100993291 was registered on 17 Oct 2024.
AGM
Jove Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Jove Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others of Rs. 181.00 Lakh registered on 25 Nov 2021 with Charge ID 100525628 was modified on 26 Dec 2022.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100643865 was registered on 21 Nov 2022.
Charges
A charge registered on 07 May 2022 via Charge ID 100581121 with Others was fully satisfied on 07 Sep 2022.
Charges
A charge with Others amounted to Rs. 103.54 Lakh with Charge ID 100581121 was registered on 07 May 2022.
Charges
A charge registered on 05 Feb 2014 via Charge ID 10477221 with Others was fully satisfied on 09 Feb 2022.
Charges
A charge registered on 16 Apr 2019 via Charge ID 100258669 with Others was fully satisfied on 27 Jan 2022.
Charges
A charge with Others amounted to Rs. 181.00 Lakh with Charge ID 100525628 was registered on 25 Nov 2021.
Ceased
Swapnil Chandrakant Naik ceased to be Additional Director.
Appointed
Swapnil Chandrakant Naik was appointed as Director.
17 earlier events are in the company report.
Frequently asked questions
Jove Electronics is an active private limited company based in Pune, Maharashtra, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 11 September 1996 (30+ years old) and is registered under CIN U31909MH1996PTC102493.
Jove Electronics has 3 current directors:
- Dinesh Pandit Toradmal - Whole-Time Director
- Pushpa Chandrakant Naik - Whole-Time Director
- Swapnil Chandrakant Naik - Director
The latest financial statements of Jove Electronics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Jove Electronics is 27AABCJ4613N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jove Electronics is U31909MH1996PTC102493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jove Electronics has 3 court cases on record: 3 filed by the company. 3 are pending.
Jove Electronics was incorporated on 11 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
Swapnil Chandrakant Naik ceased to be Additional Director on 20 Nov 2020. Swapnil Chandrakant Naik was appointed as Director on 29 May 2020. Pushpa Chandrakant Naik ceased to be Additional Director on 30 Sep 2011. Jove Electronics has 9 board changes on record in total.
Yes, Jove Electronics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0107109).
Jove Electronics has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 12 overdue payments to 4 micro and small suppliers. The latest return was filed on 07 Jan 2020.
Jove Electronics can be reached through the website joveelectronics.com. Its registered office is in Pune, Maharashtra, India.