About Lancer Home Appliances Private Limited
Data last updated:
Lancer Home Appliances Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 September 1999.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U29309DL1999PTC101519. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.34 Lakh. It was led by directors including Ojaswi Relhan and Kanchan Relhan.
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 was at A 342 Manav Apartmentspaschim Vihar, New Delhi, Delhi, India – 110063.
As per the financials filed for FY 2021, the company reported a revenue of ₹59,377, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹4,014 (net margin -6.8%) and EBITDA of -₹2,848 (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 67% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is sunsparkindustries.com.
Company details
Contact details
Lancer Home Appliances Private Limited's registered office is in New Delhi, Delhi. Its website is sunsparkindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA 342 Manav Apartmentspaschim Vihar, New Delhi, Delhi, India – 110063
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Lancer Home 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
Business activity
The main business activity of Lancer Home Appliances is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Lancer Home Appliances Private Limited, buy the company report.
Financials of Lancer Home Appliances Private Limited
FY 2022 filings availableLancer Home Appliances Private Limited reported revenue of ₹59,377 (down 16% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 16% fall in the latest year. EBITDA fell 115% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹2,848 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4,014 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | ||||
| Net Profit Margin | -6.8% | ||||
| 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 Lancer Home Appliances Private Limited, buy the company report.
Board of directors of Lancer Home Appliances Private Limited
Lancer Home Appliances 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 |
|---|---|---|---|---|
| Ojaswi Relhan Also directs: Coswig Enterprises Private Limited | Director | 22 Feb 2019 | 7 Years 8 Months | As last reported |
| Kanchan Relhan Also directs: Coswig Enterprises Private Limited | Director | 10 Sep 1999 | 27 Years 1 Months | As last reported |
| Ashish Relhan Also directs: Coswig Enterprises Private Limited | Director | 22 Feb 2019 | 7 Years 8 Months | As last reported |
Auditor
Lancer Home Appliances Private Limited is audited by A. C. Mehta & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. C. Mehta & Co. | FY 2016 |
Shareholding
The shareholding of Lancer Home Appliances Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lancer Home Appliances Private Limited, buy the company report.
Legal cases
Lancer Home Appliances Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by M/S Associated Appliances Ltd | Disposed |
To see the full case history of Lancer Home 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lancer Home Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lancer Home Appliances has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lancer Home Appliances Private Limited, buy the company report.
Recent activity
Lancer Home Appliances Private Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Inderjit Madan ceased to be Director on 01 Sep 2021.
Frequently asked questions
Lancer Home Appliances has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Lancer Home Appliances was a private limited company based in New Delhi, Delhi, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 September 1999 and is registered under CIN U29309DL1999PTC101519. The company has been struck off by the Registrar of Companies and is no longer operational.
Lancer Home Appliances had 3 directors:
- Ojaswi Relhan - Director
- Kanchan Relhan - Director
- Ashish Relhan - Director
The CIN (Corporate Identification Number) of Lancer Home Appliances is U29309DL1999PTC101519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Lancer Home Appliances is at A 342 Manav Apartmentspaschim Vihar, New Delhi, Delhi, India – 110063.
Lancer Home Appliances was incorporated on 10 September 1999. It is registered with the Registrar of Companies, Delhi.
Lancer Home Appliances can be reached through the website sunsparkindustries.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Lancer Home Appliances on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Lancer Home Appliances has 2 GST registrations on record and all of them are cancelled or inactive.
Lancer Home Appliances operated in the consumer electronics and durables industry, in the electronics manufacturing segment. It worked in this industry before it was struck off.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
