Light and Shade Electricals Private Limited

Light and Shade Electricals Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U31200MH1994PTC082846 Incorporated 11 November 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company energy and power MSME · Medium
Data last updated
Revenue · FY 2025
₹404.47 Cr
▲ 15% YoY
Net profit · FY 2025
₹14.47 Cr
Net margin 3.6%
EBITDA · FY 2025
₹21.93 Cr
EBITDA margin 5.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.38 Lakh
Issued & subscribed
Satisfied charges
₹25 Lakh
No open charges
Company age
32 yrs
Est. 1994
Employees · EPFO
148
Provident fund records

About Light and Shade Electricals Private Limited

Data last updated:

Light and Shade Electricals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 11 November 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1994PTC082846. Its GSTIN is 27AAACL4862E1ZL (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.38 Lakh. It is led by directors including Vinay Hiru Panjabi and Shweta Sagar Jalundhwala.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹404.47 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹14.47 Cr (net margin 3.6%) and EBITDA of ₹21.93 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 41% over five years.

The company has about 148 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Lisha Switches. As per MCA filings, the company has satisfied charges of ₹25 Lakh on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 6 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2014. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 328 overdue payments to 17 micro and small suppliers.

Light and Shade Electricals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0020895). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U31200MH1994PTC082846
Registration Number 082846
Incorporation Date 11 November 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0020895
Key People
Vinay Hiru Panjabi Director Shweta Sagar Jalundhwala Director Sagar Shailesh Jalundhwala Director

Recognitions & Rankings of Light and Shade Electricals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-17-0020895

Contact details

Light and Shade Electricals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    502 & 503 K L Regalia Cts No. E/447A, Link Road Khar West, Mumbai, Maharashtra, India – 400052
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Light and Shade Electricals Private Limited, buy the company report.

Comprehensive company report
Light and Shade Electricals 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

Light and Shade Electricals operates one associated brand: Lisha Switches. Each brand links to its own profile.

BrandDescriptionWebsite
Lisha Switches
Manufacturing of electrical switches and accessories with a focus on innovation and quality in India.lishaswitches.com

Business activity

The main business activity of Light and Shade Electricals is manufacturing. In detail, this covers manufacture of electrical equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing27Manufacture of electrical equipment

To see the full business activity and turnover split of Light and Shade Electricals Private Limited, buy the company report.

Financials of Light and Shade Electricals Private Limited

FY 2025 filings available

Light and Shade Electricals Private Limited reported revenue of ₹404.47 Cr (up 15% YoY) for FY 2025.

Revenue · FY 2025
₹404.47 Cr ▲ 15%
Net profit · FY 2025
₹14.47 Cr margin 3.6%
EBITDA · FY 2025
₹21.93 Cr margin 5.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 34%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 58%
5 years · compounded
▲ 41%

Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 15% growth in the latest year. EBITDA rose 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹21.93 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.47 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.4%
Net Profit Margin3.6%
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

To see the full financial statements and ratios of Light and Shade Electricals Private Limited, buy the company report.

Board of directors of Light and Shade Electricals Private Limited

Light and Shade Electricals has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinay Hiru Panjabi
Also directs: V H P A & Co LLP, Polyflex(India) Private Limited, Chitravati Consultants Private Limited and 2 more
Director06 Jun 20242 Years 4 MonthsCurrent
Shweta Sagar JalundhwalaDirector01 Jan 201412 Years 10 MonthsCurrent
Sagar Shailesh JalundhwalaDirector25 Jul 20242 Years 3 MonthsCurrent
Neetu Pradeep Luthria
Also directs: Switch-O-Matics (India) LLP
Director27 Sep 199630 Years 1 MonthsCurrent
Pradeep Ghanshamdas Luthria
Also directs: Switch-O-Matics (India) LLP
Director11 Nov 199431 Years 11 MonthsCurrent
View all directors

Auditor

Light and Shade Electricals Private Limited is audited by V H P A & Co Llp for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V H P A & Co LlpFY 2023W100770

Shareholding

The shareholding of Light and Shade Electricals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Light and Shade Electricals Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
State Bank of India₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Sep 199990213407State Bank of India₹15 LakhSatisfied
27 Apr 199690212857State Bank of India₹10 LakhSatisfied

To see the full charge records of Light and Shade Electricals Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Light and Shade Electricals Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2014.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2014Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Light and Shade Electricals Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 328 overdue payments to 17 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 (5 of 17)

SupplierAmount dueDue sinceReported on
Apollo Turnomatics LLP
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Light and Shade Electricals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Light and Shade Electricals Private Limited has a workforce of 148 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.

Employee count
148
Active EPFO establishments
1
Employee growth
42.31%

GST

Light and Shade Electricals has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACL4862E1ZLMaharashtraActive01 Jul 2017
27AACCV6283H1Z0MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Light and Shade Electricals Private Limited, buy the company report.

Recent activity

Light and Shade Electricals Private Limited has 11 board changes on record since 1994: 5 appointments and 6 cessations. The latest: Sagar Shailesh Jalundhwala ceased to be Additional Director on 20 Sep 2024.

AGM
Light And Shade Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Light And Shade Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Sagar Shailesh Jalundhwala ceased to be Additional Director.
Ceased
Vinay Hiru Panjabi ceased to be Additional Director.
Appointed
Sagar Shailesh Jalundhwala was appointed as Director.
Appointed
Vinay Hiru Panjabi was appointed as Director.
Charges
A charge registered on 04 Sep 1999 via Charge ID 90213407 with State Bank Of India was fully satisfied on 15 Feb 2023.
Charges
A charge registered on 27 Apr 1996 via Charge ID 90212857 with State Bank Of India was fully satisfied on 15 Feb 2023.
Ceased
Ritesh Pradeep Luthria ceased to be Director.
Ceased
Deepti Girish Luthria ceased to be Director.
Ceased
Girish Ghanshamdas Luthria ceased to be Director.
Ceased
Rajkumari Ghanshamdas Luthria ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Light and Shade Electricals is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 11 November 1994 (32+ years old) and is registered under CIN U31200MH1994PTC082846.

Light and Shade Electricals has 5 current directors:

The latest financial statements of Light and Shade Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Light and Shade Electricals is 27AAACL4862E1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCV6283H1Z0 (Maharashtra).

The CIN (Corporate Identification Number) of Light and Shade Electricals is U31200MH1994PTC082846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Light and Shade Electricals has 8 court cases on record: 7 filed by the company and 1 filed against it. 6 are pending. Most are in the high courts.

Light and Shade Electricals was incorporated on 11 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.

Light and Shade Electricals has 1 deal on record (1 secondary share transfer); the latest was in March 2014.

Sagar Shailesh Jalundhwala ceased to be Additional Director on 20 Sep 2024. Vinay Hiru Panjabi ceased to be Additional Director on 20 Sep 2024. Sagar Shailesh Jalundhwala was appointed as Director on 25 Jul 2024. Light and Shade Electricals has 11 board changes on record in total.

Yes, Light and Shade Electricals is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0020895).

Light and Shade Electricals has 6 MSME Form 1 returns on record between 2019 and 2022, listing 328 overdue payments to 17 micro and small suppliers. The latest return was filed on 23 Sep 2023.