About Litmus Solutions Private Limited
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Litmus Solutions 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 23 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2003PTC143627. Its GSTIN is 27AAACL9522D1ZO (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shyam Udaykant Thakar and Arpita Rajesh Thakar.
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 Bldg C – 2 603 Lok Everestjatashankar Dosa Marg Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.61 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹5.4 Lakh (net margin 6.2%) and EBITDA of ₹8.71 Lakh (EBITDA margin 10.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website litmusolutions.com.
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- Website
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- Registered AddressBldg C – 2 603 Lok Everestjatashankar Dosa Marg Mulund West, Mumbai, Maharashtra, India – 400080
- 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 Litmus Solutions Private Limited
The main business activity of Litmus Solutions is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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 Litmus Solutions Private Limited FY 2025 filings available
Litmus Solutions Private Limited reported revenue of ₹86.61 Lakh (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Litmus Solutions Private Limited
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 82% 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 Litmus Solutions Private Limited
| 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 | ₹8.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.4 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 Litmus Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.2% | •••• | •••• | •••• | •••• |
| 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 Litmus Solutions 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 Litmus Solutions Private Limited
Litmus Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Udaykant Thakar | Director | 23 Dec 2003 | 22 Years 9 Months | Current |
| Arpita Rajesh Thakar | Director | 23 Dec 2003 | 22 Years 9 Months | Current |
| Rajesh Udaykant Thakar | Director | 23 Dec 2003 | 22 Years 9 Months | Current |
| Milan Udaykant Thakar | Director | 23 Dec 2003 | 22 Years 9 Months | Current |
Peer Comparison of Litmus Solutions Private Limited
Litmus Solutions Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Electronic Appliances Retail and Distribution, Engineering Procurement and Construction, Parking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sachmi Enterprises Private Limited | ₹86.91 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Wholesale Electric Asia India Private Limited | ₹86.86 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Ojas FBC Private Limited | ₹86.75 Lakh (FY 2025) | •••• | •••• | 60.0% | •••• | Chennai, Tamil Nadu, India |
| Posttech Engineering Private Limited | ₹86.74 Lakh (FY 2018) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Yamuna Digital Electronics Pvt Ltd | ₹86.71 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | Telangana, India |
| Litmus Solutions Private Limited this company | ₹86.61 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Ezoom Mobility Private Limited | ₹86.5 Lakh (FY 2021) | •••• | •••• | -84.0% | •••• | Delhi, India |
| Besa Lithium Batteries Private Limited | ₹86.49 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Maval, Maharashtra, India |
| Gradient Engineers Private Limited | ₹86.38 Lakh (FY 2022) | •••• | •••• | -56.0% | •••• | Chennai, Tamil Nadu, India |
| GVVS Energy Solutions Private Limited | ₹86.3 Lakh (FY 2022) | •••• | •••• | 1285.0% | •••• | Delhi, India |
| Jingle Zone Animations Private Limited | ₹86.26 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Litmus Solutions by revenue in the Business Services industry (Electronic Appliances Retail and Distribution, Engineering Procurement and Construction, Parking Services), 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 Litmus Solutions Private Limited
Litmus Solutions Private Limited is audited by PRATAP B. SHETH & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRATAP B. SHETH & 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.
Ownership and Shareholding of Litmus Solutions 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 Litmus Solutions Private Limited
Litmus Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Litmus Solutions Private Limited
Litmus Solutions Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Drives and Drives | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Litmus Solutions Private Limited
Employment history and EPFO contributions of people linked to Litmus Solutions.
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 Litmus Solutions Private Limited
Litmus Solutions Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Meet Mahendra Thakar ceased to be Director on 21 Nov 2008.
Credit Ratings, Litigation & Regulatory Alerts for Litmus Solutions 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.
Subsidiaries & Group Companies of Litmus Solutions 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 Litmus Solutions Private Limited
Litmus Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL9522D1ZO | 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 Litmus Solutions 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 Litmus Solutions Private Limited
Litmus Solutions 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 23 December 2003 (23+ years old) and is registered under CIN U72900MH2003PTC143627.
Litmus Solutions reported revenue of ₹86.61 Lakh for FY 2025 (up 32% YoY).
Litmus Solutions has 4 current directors:
- Shyam Udaykant Thakar - Director
- Arpita Rajesh Thakar - Director
- Rajesh Udaykant Thakar - Director
- Milan Udaykant Thakar - Director
Litmus Solutions reported a net profit of ₹5.4 Lakh (net margin 6.2%) and EBITDA of ₹8.71 Lakh (EBITDA margin 10.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Litmus Solutions is -15% over three years and -18% over five years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Litmus Solutions is 27AAACL9522D1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Litmus Solutions is U72900MH2003PTC143627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Litmus Solutions was incorporated on 23 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Litmus Solutions by revenue are Sachmi Enterprises Private Limited, Wholesale Electric Asia India Private Limited, Ojas FBC Private Limited, Posttech Engineering Private Limited, Yamuna Digital Electronics Pvt Ltd and 5 more, all in the Business Services industry (Electronic Appliances Retail and Distribution, Engineering Procurement and Construction, Parking Services).
Meet Mahendra Thakar ceased to be Director on 21 Nov 2008. Arpita Rajesh Thakar was appointed as Director on 23 Dec 2003. Milan Udaykant Thakar was appointed as Director on 23 Dec 2003. Litmus Solutions has 5 board changes on record in total.
Litmus Solutions has 4 MSME Form 1 returns on record between 2019 and 2021, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 Apr 2021.
Litmus Solutions can be reached through the website litmusolutions.com. Its registered office is in Mumbai, Maharashtra, India.