About Monica Electronics Limited
Data last updated:
Monica Electronics Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 December 1975.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L51395DL1975PLC008005. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but trading in its shares on BSE (523544) has been suspended since 10 Sep 2001 · penal reasons, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹4.3 Cr. It is led by directors including Chandra Nithyanand and Brahm Prakash Yadav.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shop No.21 C/O Ashiyaana Residency Chaudhary Dharambir Market Near Sebel Cinema Bada, Rpur, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2018, the company reported a revenue of ₹72,500. For the same year it recorded a net loss of ₹7.18 Lakh and EBITDA of -₹7.18 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
As per MCA filings, the company has satisfied charges of ₹30.8 Cr on record. Court records list 14 cases involving the company, including 8 filed by the company and 6 filed against it; 2 cases are pending.
The last known website on record is monicaelectronics.com.
Company details
Contact details
Monica Electronics Limited's registered office is in New Delhi, Delhi. Its website is monicaelectronics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No.21 C/O Ashiyaana Residency Chaudhary Dharambir Market Near Sebel Cinema Bada, Rpur, New Delhi, Delhi, India – 110044
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Monica Electronics 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 Monica Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Monica Electronics Limited, buy the company report.
Financials of Monica Electronics Limited
FY 2018 filings availableMonica Electronics Limited reported revenue of ₹72,500 for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years. EBITDA fell 99% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹72,500 | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹7.18 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹7.18 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Monica Electronics Limited, buy the company report.
Board of directors of Monica Electronics Limited
Monica Electronics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Nithyanand Also directs: Adino Telecom Ltd | Director | 30 Mar 2015 | 11 Years 6 Months | As last reported |
| Brahm Prakash Yadav | Director | 31 Dec 2002 | 23 Years 9 Months | As last reported |
| Rajeev Saxena Also directs: Adino Telecom Ltd | Director | 26 Jul 2014 | 12 Years 2 Months | As last reported |
Auditor
Monica Electronics Limited is audited by AGARWAL SETH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL SETH & CO | FY 2018 | 511761C |
Shareholding
The shareholding of Monica Electronics Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Monica Electronics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2005 | 80033699 | Mirc Electronics Ltd | ₹28.55 Cr | Satisfied | |
| 24 Dec 1986 | 90040454 | Punjab National Bank | ₹2.25 Cr | Satisfied |
To see the full charge records of Monica Electronics Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Monica Electronics Limited has 14 court cases on record: 8 filed by Monica Electronics, 6 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 1 |
| District courts | 4 | 2 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against Ms Angad Panasonic Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Icici Bank Ltd. | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Icici Bank Ltd. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against M/S. Angad Panasonic Pvt. Ltd. Ad+ | Disposed |
| District court, Central, Delhi | Court case (LCA) | Filed against the company by an individual | Pending |
To see the full case history of Monica Electronics 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 Monica Electronics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Monica Electronics 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 Monica Electronics Limited, buy the company report.
Recent activity
Monica Electronics Limited has 13 board changes on record since 2002: 8 appointments and 5 cessations. The latest: Arvind Kumar Dhingra ceased to be Director on 12 Jul 2019.
9 earlier events are in the company report.
Frequently asked questions
Monica Electronics is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Monica Electronics is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 December 1975 and is registered under CIN L51395DL1975PLC008005. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Monica Electronics has 3 current directors:
- Chandra Nithyanand - Director
- Brahm Prakash Yadav - Director
- Rajeev Saxena - Director
The latest financial statements of Monica Electronics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Monica Electronics is L51395DL1975PLC008005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monica Electronics is recorded as a listed company by MCA, but trading in its shares on BSE (523544) has been suspended since 10 Sep 2001 · penal reasons, so they do not currently trade on a stock exchange.
Monica Electronics has no open charges and satisfied charges of ₹30.8 Cr as per latest MCA filings.
Monica Electronics has 14 court cases on record: 8 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Monica Electronics was incorporated on 11 December 1975. It is registered with the Registrar of Companies, Delhi.
Arvind Kumar Dhingra ceased to be Director on 12 Jul 2019. Shivkumar Rameshprasad Jaiswal ceased to be Company Secretary on 17 May 2019. Shivkumar Rameshprasad Jaiswal was appointed as Company Secretary on 28 May 2018. Monica Electronics has 13 board changes on record in total.