About Leo Circuit Boards P Ltd
Data last updated:
Leo Circuit Boards P Ltd is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 02 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1993PTC073271. Its GSTIN is 27AAACL2367C1ZT (Maharashtra).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Sudesh Sharad Rao (Managing Director) and Kshitija Sudesh Rao.
Its last annual general meeting (AGM) was held on 18 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D/30/6 Ttc Industrial Area MIDC Turbhe MIDC Turbhe, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.38 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹23.75 Lakh (net margin 7%) and EBITDA of ₹33.82 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 20% over five years.
As per MCA filings, the company has satisfied charges of ₹12.56 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website leoelectronics.com.
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- Website
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- Registered AddressD/30/6 Ttc Industrial Area MIDC Turbhe MIDC Turbhe, Navi Mumbai, Maharashtra, India – 400705
- 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
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Business Activity of Leo Circuit Boards P Ltd
The main business activity of Leo Circuit Boards P 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 Leo Circuit Boards P Ltd FY 2025 filings available
Leo Circuit Boards P Ltd reported revenue of ₹3.38 Cr (up 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Leo Circuit Boards P Ltd
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 90% growth in the latest year. EBITDA rose 57% 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 Leo Circuit Boards P Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹33.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.75 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 Leo Circuit Boards P Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7% | •••• | •••• | •••• | •••• |
| 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 Leo Circuit Boards P 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.
Board of Directors of Leo Circuit Boards P Ltd
Leo Circuit Boards P 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 |
|---|---|---|---|---|
| Kshitija Sudesh Rao Also directs: Leo Integrated Technologies Private Limited | Director | 02 Aug 1993 | 33 Years 2 Months | Current |
| Sudesh Sharad Rao Also directs: Leo Integrated Technologies Private Limited | Managing Director | 02 Aug 1993 | 33 Years 2 Months | Current |
Peer Comparison of Leo Circuit Boards P Ltd
Leo Circuit Boards P Ltd 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 |
|---|---|---|---|---|---|---|
| Traadwik Electric Solution Private Limited | ₹3.4 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Patna, Bihar, India |
| King Power Industries Private Limited | ₹3.4 Cr (FY 2019) | •••• | •••• | 268394.0% | •••• | New Delhi, Delhi, India |
| Fabsemi Electronics India Private Limited | ₹3.39 Cr (FY 2021) | •••• | •••• | 52.0% | •••• | Coimbatore, Tamil Nadu, India |
| Cordflex Electronics Private Limited | ₹3.39 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Delhi, India |
| Rachana Electromech & Engineering Works Private Limited | ₹3.38 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | Nashik, Maharashtra, India |
| Leo Circuit Boards P Ltd this company | ₹3.38 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Navi Mumbai, Maharashtra, India |
| Excel Aircon Pvt Ltd | ₹3.38 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | New Delhi, Delhi, India |
| KRD Electrical Solution Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | 1380.0% | •••• | Dadri, Uttar Pradesh, India |
| Paragon Electro Switchgear Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | 131.0% | •••• | Nashik, Maharashtra, India |
| Fos Designs & Services Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Infinivex Solutions Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | 102.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Leo Circuit Boards P 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 Leo Circuit Boards P Ltd
Leo Circuit Boards P Ltd is audited by J B PATEL & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J B PATEL & ASSOCIATES | 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.
Ownership and Shareholding of Leo Circuit Boards P 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 Leo Circuit Boards P Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2013 | Janakalyan Sahakari Bank Limited | ₹25 Lakh | Satisfied |
| 03 Aug 2013 | Janakalyan Sahakari Bank Limited | ₹50 Lakh | Satisfied |
| 19 Dec 2012 | Janakalyan Sahakari Bank Limited | ₹25 Lakh | Satisfied |
| 19 Dec 2012 | Janakalyan Sahakari Bank Limited | ₹25 Lakh | Satisfied |
| 31 Mar 2011 | Janakalyan Sahakari Bank Limited | ₹60 Lakh | Satisfied |
Total charge records: 20 View all charges
Legal Cases of Leo Circuit Boards P Ltd
Leo Circuit Boards P Ltd has 12 court cases on record: 7 filed by Leo Circuit Boards P, 5 filed against it. 5 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 3 |
| High courts | 2 | 2 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Pan India Network Infravest Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Belrise Industries Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Belrise Industries Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Pan India Network Infravest Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against Belrise Industries Limited | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Leo Circuit Boards P Ltd
Employment history and EPFO contributions of people linked to Leo Circuit Boards P.
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 Leo Circuit Boards P Ltd
Leo Circuit Boards P Ltd has 4 board changes on record since 1993: 2 appointments and 2 cessations. The latest: Sharad Kamlakar Rao ceased to be Director on 30 Mar 2016.
36 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Leo Circuit Boards P 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 Leo Circuit Boards P 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 Leo Circuit Boards P 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.
GST Compliance of Leo Circuit Boards P Ltd
Leo Circuit Boards P has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL2367C1ZT | 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 Leo Circuit Boards P 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.
Frequently Asked Questions about Leo Circuit Boards P Ltd
Leo Circuit Boards P is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 02 August 1993 (33+ years old) and is registered under CIN U32109MH1993PTC073271.
Leo Circuit Boards P reported revenue of ₹3.38 Cr for FY 2025 (up 90% YoY).
Leo Circuit Boards P has 2 current directors:
- Sudesh Sharad Rao - Managing Director
- Kshitija Sudesh Rao - Director
Leo Circuit Boards P reported a net profit of ₹23.75 Lakh (net margin 7%) and EBITDA of ₹33.82 Lakh (EBITDA margin 10%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Leo Circuit Boards P is 33% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Leo Circuit Boards P is 27AAACL2367C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Leo Circuit Boards P is U32109MH1993PTC073271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Leo Circuit Boards P has 12 court cases on record: 7 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Leo Circuit Boards P was incorporated on 02 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Leo Circuit Boards P by revenue are Traadwik Electric Solution Private Limited, King Power Industries Private Limited, Fabsemi Electronics India Private Limited, Cordflex Electronics Private Limited, Rachana Electromech & Engineering Works Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Sharad Kamlakar Rao ceased to be Director on 30 Mar 2016. Sudesh Sharad Rao ceased to be Director on 28 Feb 2013. Kshitija Sudesh Rao was appointed as Director on 02 Aug 1993. Leo Circuit Boards P has 4 board changes on record in total.