MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0011372
Litex Electricals Private Limited - consumer electronics & durables in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.7 Cr
▲ 17% YoY
Net profit · FY 2024
₹77.54 Lakh
Net margin 10.1%
EBITDA · FY 2024
₹1.1 Cr
EBITDA margin 14.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹2.47 Cr
Satisfied ₹29 Lakh
Company age
47 yrs
Est. 1979
Employees · EPFO
44
Provident fund records
About Litex Electricals Private Limited
Data last updated:
Litex Electricals Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 May 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31500PN1979PTC138325. Its GSTIN is 27AAACL4900H1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors including Avinash Dattatraya Kulkarni (Managing Director) and Shirish Vasant Karkarey (Managing Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at W 134 S Block MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.7 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹77.54 Lakh (net margin 10.1%) and EBITDA of ₹1.1 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 12% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.47 Cr and satisfied charges of ₹29 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Litex Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0011372). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website litexelectricals.com.
Company details
CIN U31500PN1979PTC138325
Registration Number 138325
Incorporation Date 04 May 1979
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0011372
CIN history
Litex Electricals has one previous CIN (Corporate Identification Number): U31500MH1979PTC021263. The current CIN is U31500PN1979PTC138325, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31500PN1979PTC138325 | Current |
| U31500MH1979PTC021263 | Previous |
Key People
Avinash Dattatraya Kulkarni Managing Director Shirish Vasant Karkarey Managing Director Sharshchandra Vishwanath Rajarshi Additional Director Recognitions & Rankings of Litex Electricals
Contact details
Litex Electricals Private Limited's registered office is in Pune, Maharashtra. Its website is litexelectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressW 134 S Block MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Litex Electricals Private Limited, buy the company report.
Comprehensive company report
Litex 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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Business activity
The main business activity of Litex Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Litex Electricals Private Limited, buy the company report.
Financials of Litex Electricals Private Limited
FY 2024 filings availableLitex Electricals Private Limited reported revenue of ₹7.7 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹7.7 Cr ▲ 17%
Net profit · FY 2024
₹77.54 Lakh margin 10.1%
EBITDA · FY 2024
₹1.1 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 25%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 127%
3 years · compounded
▲ 164%
5 years · compounded
▲ 88%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 17% growth in the latest year. EBITDA rose 127% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77.54 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 10.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Litex Electricals Private Limited, buy the company report.
Board of directors of Litex Electricals Private Limited
Litex Electricals has 5 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 |
|---|---|---|---|---|
| Sharshchandra Vishwanath Rajarshi | Additional Director | 07 Apr 2021 | 5 Years 6 Months | Current |
| Rahul Ravindra Kulkarni | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
| Avinash Dattatraya Kulkarni Also directs: Elkay Chemicals Pvt Ltd, Arklite Speciality Lamps Private Limited | Managing Director | 19 May 1979 | 47 Years 5 Months | Current |
| Shirish Vasant Karkarey Also directs: Arklite Speciality Lamps Private Limited | Managing Director | 01 Jun 1985 | 41 Years 4 Months | Current |
| Ravindra Dattatraya Kulkarni | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Litex Electricals Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Litesun Global Industry Private Limited | ₹7.72 Cr (FY 2025) | 17.0% | Shahabad Markanda, Haryana, India | |||
| Pixeled India Private Limited | ₹7.71 Cr (FY 2025) | 218.0% | Secunderabad, Telangana, India | |||
| Litex Electricals Private Limitedthis company | ₹7.7 Cr (FY 2024) | ₹77.54 Lakh | 10.1% | 17.0% | 44 | Pune, Maharashtra, India |
| Sri Manikeshwari Matha Powertech Private Limited | ₹7.65 Cr (FY 2025) | -18.0% | Hyderabad, Telangana, India | |||
| K. K. Machineries Private Limited | ₹7.65 Cr (FY 2025) | 18.0% | Bhiwandi, Maharashtra, India | |||
| Amir Gas Appliances Private Limited | ₹7.65 Cr (FY 2025) | 162.0% | Meerut, Uttar Pradesh, India |
To see the full peer comparison of Litex Electricals Private Limited, buy the company report.
Auditor
Litex Electricals Private Limited is audited by Naniwadekar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Naniwadekar & Associates | FY 2023 | 139640W |
Shareholding
The shareholding of Litex Electricals Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Litex Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.47 Cr
Satisfied charges
₹29 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2023 | 100723790 | Hdfc Bank Limited | ₹17.73 Lakh | Open | |
| 18 May 2015 | 10580336 | Bank of Baroda | ₹4.33 Lakh | Open | |
| 10 May 2001 | 90238386 | Others | ₹2.25 Cr | Open | |
| 30 Nov 2007 | 10082249 | Bank of Baroda | ₹14 Lakh | Satisfied | |
| 29 Apr 2005 | 90241444 | Bank of Baroda | ₹15 Lakh | Satisfied |
To see the full charge records of Litex Electricals Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Litex Electricals Private Limited has 3 court cases on record: 1 filed by Litex Electricals, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms.Systech Limited | Disposed |
| Bombay High Court | Court case (CAW) | Filed against the company by The Regional Provident Fund Commissioner, Pune | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by an individual | Disposed |
To see the full case history of Litex Electricals 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
Litex Electricals Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 115 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kalpana Lamp Components Industries | |||
| an individual supplier | |||
| National Gas & Allied Equipments | |||
| Siria Elemet Private Limited | |||
| Anand Enterprises |
To see the full MSME payment records of Litex Electricals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Litex Electricals Private Limited has a workforce of 44 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
-30.16%
GST
Litex Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL4900H1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Litex Electricals Private Limited, buy the company report.
Recent activity
Litex Electricals Private Limited has 11 board changes on record since 1979: 5 appointments and 6 cessations. The latest: Sharshchandra Vishwanath Rajarshi was appointed as Additional Director on 07 Apr 2021.
AGM
Litex Electricals Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Litex Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100723790 was registered on 09 Mar 2023.
Appointed
Sharshchandra Vishwanath Rajarshi was appointed as Additional Director.
Ceased
Shirish Vasant Karkarey ceased to be Director.
Ceased
Rahul Ravindra Kulkarni ceased to be Additional Director.
Ceased
Ravindra Dattatraya Kulkarni ceased to be Additional Director.
Appointed
Rahul Ravindra Kulkarni was appointed as Director.
Appointed
Ravindra Dattatraya Kulkarni was appointed as Director.
Ceased
Mahendra Kantilal Shah ceased to be Director.
Ceased
Nilay Shah ceased to be Director.
Ceased
Ketan Dinkar Mehta ceased to be Director.
10 earlier events are in the company report.
Frequently asked questions
Litex Electricals is an active private limited company based in Pune, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 May 1979 (47+ years old) and is registered under CIN U31500PN1979PTC138325.
Litex Electricals has 5 current directors:
- Avinash Dattatraya Kulkarni - Managing Director
- Shirish Vasant Karkarey - Managing Director
- Sharshchandra Vishwanath Rajarshi - Additional Director
- Rahul Ravindra Kulkarni - Director
- Ravindra Dattatraya Kulkarni - Director
The latest financial statements of Litex Electricals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Litex Electricals is 27AAACL4900H1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Litex Electricals is U31500PN1979PTC138325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Litex Electricals has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Litex Electricals was incorporated on 04 May 1979, making it 47+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Litex Electricals by revenue are Litesun Global Industry Private Limited, Pixeled India Private Limited, Sri Manikeshwari Matha Powertech Private Limited, K. K. Machineries Private Limited, Amir Gas Appliances Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sharshchandra Vishwanath Rajarshi was appointed as Additional Director on 07 Apr 2021. Shirish Vasant Karkarey ceased to be Director on 07 Apr 2021. Rahul Ravindra Kulkarni ceased to be Additional Director on 30 Sep 2019. Litex Electricals has 11 board changes on record in total.
Yes, Litex Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0011372).
Litex Electricals has 3 MSME Form 1 returns on record between 2019 and 2023, listing 115 overdue payments to 14 micro and small suppliers. The latest return was filed on 27 Oct 2023.
Litex Electricals can be reached through the website litexelectricals.com. Its registered office is in Pune, Maharashtra, India.