Kothari Electric Services Private Limited
About Kothari Electric Services Private Limited
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Kothari Electric Services 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 09 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC230769. Its GSTIN is 27AAECK8419L1Z2 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sunilkumar Roshanlal Kothari and Vinodkumar Kothari.
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 Shop No. 3 Lilly Tower C H S S. V. Road Jogeshwari (W), Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.82 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹44.92 Lakh (net margin 1.8%) and EBITDA of ₹1.17 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹1.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No. 3 Lilly Tower C H S S. V. Road Jogeshwari (W), Mumbai, Maharashtra, India – 400102
- 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 Kothari Electric Services Private Limited
The main business activity of Kothari Electric Services is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Kothari Electric Services Private Limited FY 2024 filings available
Kothari Electric Services Private Limited reported revenue of ₹24.82 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kothari Electric Services Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 11% 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 Kothari Electric Services 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 | ₹1.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.92 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 Kothari Electric Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Kothari Electric Services 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 Kothari Electric Services Private Limited
Kothari Electric Services Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 72 Networks Private Limited | ₹24.92 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Gurgaon, Haryana, India |
| Seatel Electronics (India) Private Limited | ₹24.92 Cr (FY 2016) | •••• | •••• | -2.0% | •••• | Jaipur, Rajasthan, India |
| Miditas India Private Limited | ₹24.89 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | New Delhi, Delhi, India |
| Pheromone Distribution and Services India Private Limited | ₹24.84 Cr (FY 2025) | •••• | •••• | 2383.0% | •••• | New Delhi, Delhi, India |
| Vaan International Private Limited | ₹24.82 Cr (FY 2017) | •••• | •••• | 504.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Kothari Electric Services Private Limited this company | ₹24.82 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Arg Distributors Private Limited | ₹24.77 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Delhi, India |
| Wala Overseas Private Limited | ₹24.77 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Thane, Maharashtra, India |
| Solaredge Technologies (India) Private Limited | ₹24.73 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Bangalore, Karnataka, India |
| Cabco Paradise Private Limited | ₹24.72 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Tamil Nadu, India |
| Mohini Marketing Private Limited | ₹24.69 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Cuttack, Odisha, India |
Peers are the five companies nearest above and the five nearest below Kothari Electric Services by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Kothari Electric Services Private Limited
Kothari Electric Services Private Limited is audited by Jain Nirmal & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain Nirmal & 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 Kothari Electric Services Private Limited
Kothari Electric Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Roshanlal Kothari | Director | 09 May 2012 | 14 Years 4 Months | Current |
| Vinodkumar Kothari Also directs: Viroco Electricals Private Limited | Director | 08 Feb 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Kothari Electric Services 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 Kothari Electric Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2021 | Others | ₹5 Cr | Open |
| 04 Mar 2015 | Hdfc Bank Limited | ₹1.1 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Kothari Electric Services Private Limited
Employment history and EPFO contributions of people linked to Kothari Electric Services.
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.
Recent Activity on Kothari Electric Services Private Limited
Kothari Electric Services Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Vinodkumar Kothari ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Kothari Electric Services 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 Kothari Electric Services 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 Kothari Electric Services 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 Kothari Electric Services Private Limited
Kothari Electric Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK8419L1Z2 | 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.
MCA Filings & Documents of Kothari Electric Services 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 Kothari Electric Services Private Limited
Kothari Electric Services 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 09 May 2012 (14+ years old) and is registered under CIN U74900MH2012PTC230769.
Kothari Electric Services reported revenue of ₹24.82 Cr for FY 2024 (down 9% YoY).
Kothari Electric Services has 2 current directors:
- Sunilkumar Roshanlal Kothari - Director
- Vinodkumar Kothari - Director
Kothari Electric Services reported a net profit of ₹44.92 Lakh (net margin 1.8%) and EBITDA of ₹1.17 Cr (EBITDA margin 4.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kothari Electric Services is 24% over three years and 7% over five years. In the latest year (FY 2024) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kothari Electric Services is 27AAECK8419L1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kothari Electric Services is U74900MH2012PTC230769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kothari Electric Services was incorporated on 09 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kothari Electric Services by revenue are 72 Networks Private Limited, Seatel Electronics (India) Private Limited, Miditas India Private Limited, Pheromone Distribution and Services India Private Limited, Vaan International Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Vinodkumar Kothari ceased to be Additional Director on 30 Sep 2017. Vasantlal Roshanlal Kothari ceased to be Director on 21 Feb 2017. Vinodkumar Kothari was appointed as Director on 08 Feb 2017. Kothari Electric Services has 4 board changes on record in total.
The registered office of Kothari Electric Services is at Shop No. 3 Lilly Tower C H S S. V. Road Jogeshwari W, Mumbai, Maharashtra, India – 400102.