Madhav Electronics Private Limited
About Madhav Electronics Private Limited
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Madhav Electronics 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 19 July 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32106PN1983PTC030453. Its GSTIN is 27AABCM4261D1ZS (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Nagnath Vasudeo Tagare and Satish Laxman Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. S – 230 Gala 4 Ancillary Co – Op Industrial Estate MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.15 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹1,741 (net margin 1.5%) and EBITDA of ₹29,963 (EBITDA margin 26%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 45% over five years.
As per MCA filings, the company has satisfied charges of ₹5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. S – 230 Gala 4 Ancillary Co – Op Industrial Estate MIDC Bhosari, Pune, Maharashtra, India – 411026
- 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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Financials of Madhav Electronics Private Limited FY 2022 filings available
Madhav Electronics Private Limited reported revenue of ₹1.15 Lakh (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Madhav Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 99% fall in the latest year. EBITDA fell 100% 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 Madhav Electronics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹29,963 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,741 | •••• | •••• | •••• | •••• |
| 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 Madhav Electronics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Madhav Electronics 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 Madhav Electronics Private Limited
Madhav Electronics Private Limited 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 |
|---|---|---|---|---|---|---|
| Suncity Engineers Pvt Ltd | ₹1.2 Lakh (FY 2017) | •••• | •••• | •••• | Jodhpur, Rajasthan, India | |
| Troupe Technologies Private Limited | ₹1.18 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Unisound Electronics Private Limited | ₹1.18 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Canbara International Private Limited | ₹1.18 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Aurative Tech Solutions Private Limited | ₹1.16 Lakh (FY 2023) | •••• | •••• | -82.0% | •••• | Pune, Maharashtra, India |
| Madhav Electronics Private Limited this company | ₹1.15 Lakh (FY 2022) | •••• | •••• | -99.0% | •••• | Pune, Maharashtra, India |
| Giga Connect Electronix Private Limited | ₹1.13 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Khed, Maharashtra, India |
| Akash Ganga Solar Private Limited | ₹1.11 Lakh (FY 2020) | •••• | •••• | -98.0% | •••• | Bikaner, Rajasthan, India |
| Shrink Water Private Limited | ₹1.11 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Mokkomotto (OPC) Private Limited | ₹1.09 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Yelenahalli Village, Karnataka, India |
| Nippon Appliances Pvt Ltd | ₹1.08 Lakh (FY 2025) | •••• | •••• | 1076400.0% | •••• | Vithal Udyognagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Madhav Electronics 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 Madhav Electronics Private Limited
Madhav Electronics Private Limited is audited by PATANKAR & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATANKAR & 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.
Board of Directors of Madhav Electronics Private Limited
Madhav Electronics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagnath Vasudeo Tagare | Director | 21 Aug 2020 | 6 Years 1 Months | Current |
| Satish Laxman Kulkarni Also directs: Trumpkart Technologies Private Limited | Director | 30 Aug 2022 | 4 Years 1 Months | Current |
Ownership and Shareholding of Madhav Electronics 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 Madhav Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2005 | The Codmod Bank | ₹5 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Madhav Electronics Private Limited
Employment history and EPFO contributions of people linked to Madhav Electronics.
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.
CIN History of Madhav Electronics Private Limited
Madhav Electronics has one previous CIN (Corporate Identification Number): U32106MH1983PTC030453. The current CIN is U32106PN1983PTC030453, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32106PN1983PTC030453 | Current |
| U32106MH1983PTC030453 | Previous |
Recent Activity on Madhav Electronics Private Limited
Madhav Electronics Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Satish Laxman Kulkarni ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Madhav Electronics 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 Madhav Electronics 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 Madhav Electronics 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 Madhav Electronics Private Limited
Madhav Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM4261D1ZS | 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 Madhav Electronics 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 Madhav Electronics Private Limited
Madhav Electronics 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 19 July 1983 (43+ years old) and is registered under CIN U32106PN1983PTC030453.
Madhav Electronics reported revenue of ₹1.15 Lakh for FY 2022 (down 99% YoY).
Madhav Electronics has 2 current directors:
- Nagnath Vasudeo Tagare - Director
- Satish Laxman Kulkarni - Director
Madhav Electronics reported a net profit of ₹1,741 (net margin 1.5%) and EBITDA of ₹29,963 (EBITDA margin 26%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Madhav Electronics is -67% over three years and -45% over five years. In the latest year (FY 2022) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Madhav Electronics is 27AABCM4261D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Madhav Electronics is U32106PN1983PTC030453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhav Electronics was incorporated on 19 July 1983, making it 43+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Madhav Electronics by revenue are Suncity Engineers Pvt Ltd, Troupe Technologies Private Limited, Unisound Electronics Private Limited, Canbara International Private Limited, Aurative Tech Solutions Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Satish Laxman Kulkarni ceased to be Additional Director on 30 Sep 2022. Mira Digambar Tagare ceased to be Director on 15 Sep 2022. Satish Laxman Kulkarni was appointed as Director on 30 Aug 2022. Madhav Electronics has 7 board changes on record in total.
The registered office of Madhav Electronics is at Plot No. S – 230 Gala 4 Ancillary Co – Op Industrial Estate MIDC Bhosari, Pune, Maharashtra, India – 411026.