- Category
- Medium (2021-22)
- Udyam number
- UDYAM-TN-02-0068005

About Eltech Appliances Private Limited
Data last updated:
Eltech Appliances Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Eltech Energy Services Fze. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40100TN2012PTC084001. Its GSTIN is 33AADCE0171C1ZE (Tamil Nadu). The company holds 22 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.82 Cr. It is led by directors Mohamedismail Niazahmed and Syed Ahamed Nazeer.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 684 – 690 9th Floor Seethakathi Business Centre Anna Salai Thousand Lights, Chennai, Tamil Nadu, India – 600006.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.76 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹4.62 Cr (net margin -12.9%) and EBITDA of -₹4.31 Cr (EBITDA margin -12.1%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 23% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Eltech Appliances and Star Eltech. As per MCA filings, the company has open charges of ₹26.71 Cr and satisfied charges of ₹92 Cr on record. Court records list 300 cases involving the company, including 273 filed by the company and 27 filed against it; 40 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹60 Cr; the latest was in March 2024. Its 5 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Hindustan Dealers Limited with revenue of ₹86.55 Cr.
Eltech Appliances Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0068005). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eltechappliances.com.
Company details
CIN history
Eltech Appliances has one previous CIN (Corporate Identification Number): U31401TN2012PTC084001. The current CIN is U40100TN2012PTC084001, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100TN2012PTC084001 | Current |
| U31401TN2012PTC084001 | Previous |
Recognitions & Rankings of Eltech Appliances
Contact details
Eltech Appliances Private Limited's registered office is in Chennai, Tamil Nadu. Its website is eltechappliances.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 684 – 690 9th Floor Seethakathi Business Centre Anna Salai Thousand Lights, Chennai, Tamil Nadu, India – 600006
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Eltech Appliances Private Limited, buy the company report.
- 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
Brands
Eltech Appliances operates two associated brands: Eltech Appliances and Star Eltech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Air conditioning manufacturing, sales, and support services in India. | eltechappliances.com | |
| Manufacturing of air conditioners and OEM services in India. | stareltech.com |
Business activity
The main business activity of Eltech Appliances is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Eltech Appliances Private Limited, buy the company report.
Financials of Eltech Appliances Private Limited
FY 2024 filings availableEltech Appliances Private Limited reported revenue of ₹35.76 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 22% fall in the latest year. 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
| 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 | |||||
| Total Revenue | ₹35.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.62 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.1% | ||||
| Net Profit Margin | -12.9% | ||||
| 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 Eltech Appliances Private Limited, buy the company report.
Board of directors of Eltech Appliances Private Limited
Eltech Appliances has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamedismail Niazahmed Also directs: Eta General Private Limited, Eta Star Appliances Private Limited, Star Eltech Manufacturing India Private Limited and 5 more | Director | 28 Aug 2021 | 5 Years 2 Months | Current |
| Syed Ahamed Nazeer | Director | 05 Mar 2025 | 1 Years 8 Months | Current |
Peer comparison
Eltech Appliances Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hindustan Dealers Limited | ₹86.55 Cr (FY 2025) | -7.0% | Bangalore, Karnataka, India | |||
| Ultron Home Appliances India Limited | ₹86.26 Cr (FY 2025) | 39.0% | Chennai, Tamil Nadu, India | |||
| Crystal Impex Limited | ₹85.05 Cr (FY 2024) | 19.0% | Mumbai, Maharashtra, India | |||
| Longlife Trading Company Private Limited | ₹84.97 Cr (FY 2024) | 24.0% | New Delhi, Delhi, India | |||
| Rajasthan Machinery Mart Pvt Ltd | ₹84 Cr (FY 2024) | 7.0% | Road, Udaipur, Rajasthan, India | |||
| Eltech Appliances Private Limitedthis company | ₹35.76 Cr (FY 2024) | -₹4.62 Cr | -12.9% | -22.0% | 44 | Chennai, Tamil Nadu, India |
To see the full peer comparison of Eltech Appliances Private Limited, buy the company report.
Auditor
Eltech Appliances Private Limited is audited by V.R.Srinivasan and Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.R.Srinivasan and Associates | FY 2024 | 0024797S |
Shareholding
The shareholding of Eltech Appliances Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eltech Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2024 | 100858727 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 04 Sep 2020 | 100385339 | Axis Bank Limited | ₹1.71 Cr | Open | |
| 20 Jun 2018 | 100195765 | Others | ₹10 Cr | Satisfied | |
| 27 Feb 2018 | 100161337 | Others | ₹20 Cr | Satisfied | |
| 03 Feb 2015 | 10551243 | Dcb Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Eltech Appliances Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Eltech Appliances Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹60 Cr; the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Alfa Investments, an individual Seller: 4 individuals |
| Jul 2019 | Funding round | ₹52 Cr | Investors: 4 individuals |
| Mar 2013 | Funding round | ₹8 Cr | Investors: Eltech Energy Services FZE, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Eltech Appliances Private Limited has 300 court cases on record: 273 filed by Eltech Appliances, 27 filed against it. 40 cases are pending and 260 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 257 | 13 | 26 |
| High courts | 41 | 12 | 14 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 300)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by The Assistant Commissioner of Income Tax Corporate Circle and 2 others | Disposed |
| High Court | Court case (COARP) | Filed by the company against Bajaj Finance Limited | Disposed |
| High Court | Original application | Filed against the company by Cma CGM Logistics Park Dadri Pvt Ltd M/S.Adarsh Ramanujan, P.Subburaj | Disposed |
| High Court | Appeal | Filed by the company against Freight Expedite Logistics India Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S Freight Expedite Logistics India Pvt.Ltd., | Disposed |
To see the full case history of Eltech Appliances 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.
Credit ratings & regulatory alerts
Eltech Appliances Private Limited was last rated by Crisil on 27 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Oct 2020 |
To see the full credit ratings and regulatory alerts of Eltech Appliances Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Eltech Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Eltech Appliances Private Limited has a workforce of 44 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 44 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Eltech Appliances Private Limited, buy the company report.
GST
Eltech Appliances has 22 GST registrations: 17 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCE0171C1ZE | Tamil Nadu | Active | 01 Jul 2017 |
| 03AADCE0171C1ZH | Punjab | Active | 01 Jul 2017 |
| 04AADCE0171C1ZF | Chandigarh | Active | 01 Jul 2017 |
| 07AADCE0171C1Z9 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eltech Appliances Private Limited, buy the company report.
Recent activity
Eltech Appliances Private Limited has 12 board changes on record since 2015: 2 appointments and 10 cessations. The latest: Mohamed Noohu Mohamed Abdul Rahman ceased to be Director on 17 Mar 2025.
14 earlier events are in the company report.
Frequently asked questions
Eltech Appliances is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 January 2012 (14+ years old) and is registered under CIN U40100TN2012PTC084001.
Eltech Appliances has 2 current directors:
- Mohamedismail Niazahmed - Director
- Syed Ahamed Nazeer - Director
The latest financial statements of Eltech Appliances on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Eltech Appliances is 33AADCE0171C1ZE, registered in Tamil Nadu. The company has 22 GST registrations in all, of which 17 are active and 5 are cancelled or inactive. Other active GSTINs include 03AADCE0171C1ZH (Punjab), 04AADCE0171C1ZF (Chandigarh), 07AADCE0171C1Z9 (Delhi).
The CIN (Corporate Identification Number) of Eltech Appliances is U40100TN2012PTC084001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eltech Appliances has 300 court cases on record: 273 filed by the company and 27 filed against it. 40 are pending. Most are in the district courts.
Eltech Appliances was incorporated on 16 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Eltech Appliances has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹60 Cr; the latest was in March 2024.
The peers of Eltech Appliances by revenue are Hindustan Dealers Limited, Ultron Home Appliances India Limited, Crystal Impex Limited, Longlife Trading Company Private Limited, Rajasthan Machinery Mart Pvt Ltd, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Mohamed Noohu Mohamed Abdul Rahman ceased to be Director on 17 Mar 2025. Syed Ahamed Nazeer was appointed as Director on 05 Mar 2025. Mohamed Naina Amrullah ceased to be Director on 16 Jul 2024. Eltech Appliances has 12 board changes on record in total.
Yes, Eltech Appliances is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0068005).

