About Makarand Electronics Private Limited
Data last updated:
Makarand Electronics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 12 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH1997PTC112418. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.3 Lakh. It is led by directors including Sarojini Ashok Kunte and Makarand Ashok Kunte.
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 3 1st Floor Darshan Udyog Bhavan Andheri – Kurla Road Safed Pool, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹41,700, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹98,400 (net margin -236%) and EBITDA of -₹98,400 (EBITDA margin -236%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 59% over five years.
The company is associated with 1 brand: Makarand Electronics. As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makarandelectronics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address3 1st Floor Darshan Udyog Bhavan Andheri – Kurla Road Safed Pool, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, IT Products 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
- One PDF report, delivered after checkout
Financials of Makarand Electronics Private Limited FY 2025 filings available
Makarand Electronics Private Limited reported revenue of ₹41,700 (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Makarand Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 24% fall in the latest year. EBITDA fell 16% 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 Makarand Electronics 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 | -₹98,400 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹98,400 | •••• | •••• | •••• | •••• |
| 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 Makarand Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -236% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -236% | •••• | •••• | •••• | •••• |
| 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 Makarand 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 Makarand Electronics Private Limited
Makarand Electronics Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diligent Rental Services Private Limited | ₹45,000 (FY 2021) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Halfbrick Ifotech Private Limited | ₹44,452 (FY 2023) | •••• | •••• | -77.0% | •••• | Kolkata, West Bengal, India |
| Computer Marketing and Allied Services Private Limited | ₹43,940 (FY 2019) | •••• | •••• | -93.0% | •••• | Bangalore, Karnataka, India |
| Doersgennext Technologies Private Limited | ₹43,660 (FY 2021) | •••• | •••• | -93.0% | •••• | Lucknow, Uttar Pradesh, India |
| Orien Interactive Private Limited | ₹42,500 (FY 2016) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Makarand Electronics Private Limited this company | ₹41,700 (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Zebuzz Digi Hub Private Limited | ₹41,400 (FY 2023) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Abm Computer Private Limited | ₹41,124 (FY 2023) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| Jagriti Softech Vidya Private Limited | ₹40,575 (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Om Kiran Infotech Private Limited | ₹40,000 (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sodatsu Consultancy Services Private Limited | ₹40,000 (FY 2019) | •••• | •••• | 345.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Makarand Electronics by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 Makarand Electronics Private Limited
Makarand Electronics Private Limited is audited by JOSHI & KARANDIKAR for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JOSHI & KARANDIKAR | 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 Makarand Electronics Private Limited
Makarand Electronics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarojini Ashok Kunte Also directs: Awi Services (India) Private Limited | Director | 12 Dec 1997 | 28 Years 9 Months | Current |
| Makarand Ashok Kunte Also directs: Awi Services (India) Private Limited | Director | 12 Dec 1997 | 28 Years 9 Months | Current |
| Ashwini Makarand Kunte Also directs: Awi Services (India) Private Limited | Director | 17 Sep 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Makarand 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 Makarand Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2002 | Indian Overseas Bank | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Makarand Electronics Private Limited
Makarand Electronics operates one associated brand: Makarand Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Analytical instruments manufacturing and supply in Mumbai, India. | makarandelectronics.com |
Employees and EPFO Compliance at Makarand Electronics Private Limited
Employment history and EPFO contributions of people linked to Makarand 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.
Recent Activity on Makarand Electronics Private Limited
Makarand Electronics Private Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Ashwini Makarand Kunte ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Makarand 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 Makarand 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 Makarand 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 Makarand Electronics Private Limited
Makarand Electronics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Makarand 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 Makarand Electronics Private Limited
Makarand Electronics is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 12 December 1997 (29+ years old) and is registered under CIN U31909MH1997PTC112418.
Makarand Electronics reported revenue of ₹41,700 for FY 2025 (down 24% YoY).
Makarand Electronics has 3 current directors:
- Sarojini Ashok Kunte - Director
- Makarand Ashok Kunte - Director
- Ashwini Makarand Kunte - Director
Makarand Electronics reported a net loss of ₹98,400 (net margin -236%) and EBITDA of -₹98,400 (EBITDA margin -236%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Makarand Electronics is -15% over three years and -59% over five years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
No. Makarand Electronics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Makarand Electronics is U31909MH1997PTC112418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makarand Electronics was incorporated on 12 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Makarand Electronics by revenue are Diligent Rental Services Private Limited, Halfbrick Ifotech Private Limited, Computer Marketing and Allied Services Private Limited, Doersgennext Technologies Private Limited, Orien Interactive Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Ashwini Makarand Kunte ceased to be Additional Director on 29 Sep 2024. Ashwini Makarand Kunte was appointed as Director on 17 Sep 2024. Ashok Damodar Kunte ceased to be Director on 23 Jul 2024. Makarand Electronics has 5 board changes on record in total.
Makarand Electronics can be reached through the website makarandelectronics.com. Its registered office is in Mumbai, Maharashtra, India.