Vardhman Home Appliances Limited

Vardhman Home Appliances Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U32109DL1992PLC047136 Incorporated 10 January 1992 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company consumer electronics and durables MSME · Medium
Data last updated
Revenue · FY 2025
₹17.76 Cr
▼ 79% YoY
Net loss · FY 2025
₹90.57 Lakh
Net margin -5.1%
EBITDA · FY 2025
-₹27.73 Lakh
EBITDA margin -1.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹88.6 Lakh
Issued & subscribed
Open charges
₹2 Lakh
Satisfied ₹20.52 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
10
Provident fund records

About Vardhman Home Appliances Limited

Data last updated:

Vardhman Home Appliances Limited is a public limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 January 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32109DL1992PLC047136. Its GSTIN is 07AAACV0519J1ZG (Delhi). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹88.6 Lakh. It is led by directors including Vineet Jain and Sambhav Jain.

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 26 Phase – Iibadli Industrial Area, New Delhi, Delhi, India – 110042.

As per the financials filed for FY 2025, the company reported a revenue of ₹17.76 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹90.57 Lakh (net margin -5.1%) and EBITDA of -₹27.73 Lakh (EBITDA margin -1.6%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 25% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2 Lakh and satisfied charges of ₹20.52 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹38.6 Lakh; the latest was in November 2023. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing, Home Appliances), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger; the largest is Vtech Biotron Private Limited with revenue of ₹17.82 Cr. The company has 10 MSME Form 1 returns on record between 2021 and 2023, listing 1,709 overdue payments to 36 micro and small suppliers.

Vardhman Home Appliances Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0011885). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lazerindia.com.

Company details

CIN U32109DL1992PLC047136
Registration Number 047136
Incorporation Date 10 January 1992
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-06-0011885
Key People
Vineet Jain Director Sambhav Jain Director Pramod Kumar Jain Director

Recognitions & Rankings of Vardhman Home Appliances

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-06-0011885

Contact details

Vardhman Home Appliances Limited's registered office is in New Delhi, Delhi. Its website is lazerindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    lazerindia.com
  • Social Media
  • Registered Address
    26 Phase – Iibadli Industrial Area, New Delhi, Delhi, India – 110042
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Vardhman Home Appliances Limited, buy the company report.

Comprehensive company report
Vardhman Home Appliances Limited - one report that includes everything
  • 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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Business activity

The main business activity of Vardhman Home Appliances is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Vardhman Home Appliances Limited, buy the company report.

Financials of Vardhman Home Appliances Limited

FY 2024 filings available

Vardhman Home Appliances Limited reported revenue of ₹17.76 Cr (down 79% YoY) for FY 2025.

Revenue · FY 2025
₹17.76 Cr ▼ 79%
Net loss · FY 2025
₹90.57 Lakh margin -5.1%
EBITDA · FY 2025
-₹27.73 Lakh margin -1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 38%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 109%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 79% fall in the latest year. EBITDA fell 109% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹27.73 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹90.57 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-1.6%
Net Profit Margin-5.1%
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 Vardhman Home Appliances Limited, buy the company report.

Board of directors of Vardhman Home Appliances Limited

Vardhman Home Appliances has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vineet Jain
Also directs: Vardhman Appliances Limited
Director20 Apr 20197 Years 6 MonthsCurrent
Sambhav Jain
Also directs: Vardhman Appliances Limited
Director20 Apr 20197 Years 6 MonthsCurrent
Pramod Kumar Jain
Also directs: Vardhman Appliances Limited, Lazer India Private Limited
Director10 Jan 199234 Years 9 MonthsCurrent
Vinod Kumar Jain
Also directs: Vardhman Appliances Limited
Director10 May 199333 Years 5 MonthsCurrent
Subodh Kumar Jain
Also directs: Vardhman Appliances Limited
Director10 Jan 199234 Years 9 MonthsCurrent
View all directors

Peer comparison

Vardhman Home Appliances Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, Home Appliances), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vtech Biotron Private Limited₹17.82 Cr (FY 2025)128.0%Bangalore, Karnataka, India
Vivek Bulb Industries Pvt Ltd₹17.8 Cr (FY 2025)-7.0%Kolkata, West Bengal, India
Yasen Lighting Private Limited₹17.78 Cr (FY 2025)159.0%Jaipur, Rajasthan, India
Vardhman Home Appliances Limitedthis company₹17.76 Cr (FY 2025)-₹90.57 Lakh-5.1%-79.0%10New Delhi, Delhi, India

To see the full peer comparison of Vardhman Home Appliances Limited, buy the company report.

Auditor

Vardhman Home Appliances Limited is audited by SALIL CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
SALIL COFY 2024500135N

Shareholding

The shareholding of Vardhman Home Appliances 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 categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vardhman Home Appliances Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Lakh
Satisfied charges
₹20.52 Cr
Breakdown by lending institutions
Others₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Apr 2024100929651Others₹2 LakhOpen
12 Feb 2018100184007Yes Bank Limited₹10.48 CrSatisfied
18 Aug 201410516332Oriental Bank of Commerce₹4.6 CrSatisfied
27 Dec 201310472194Oriental Bank of Commerce₹20 LakhSatisfied
01 Dec 200910191157Oriental Bank of Commerce₹7.5 LakhSatisfied

To see the full charge records of Vardhman Home Appliances Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Vardhman Home Appliances Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹38.6 Lakh; the latest was in November 2023.

Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹38.6 Lakh

Deals on record (5 of 5)

WhenDealAmountParties
Nov 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Dec 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Hem Chand Jain Huf, an individual
Aug 2017Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
Mar 2012Funding round₹38.6 LakhInvestors: Pramod Kumar Jain Huf, Hem Chand Jain Huf, 2 individuals
Mar 2009Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Hem Chand Jain Huf, 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Vardhman Home Appliances Limited was last rated by Crisil on 08 Sep 2020.

Rating agencyRated onRating
Crisil08 Sep 2020

To see the full credit ratings and regulatory alerts of Vardhman Home Appliances Limited, buy the company report.

MSME payment delays

Vardhman Home Appliances Limited has 10 MSME Form 1 returns on record between 2021 and 2023, listing 1,709 overdue payments to 36 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 36)

SupplierAmount dueDue sinceReported on
Maheshwari Brazings Private Limited
R.C.I. Electrical Wires Private Limited
V S L Alloys (India) Private Limited
Star Copper
Shubhkarma Udyog Private Limited

To see the full MSME payment records of Vardhman Home Appliances Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Vardhman Home Appliances Limited has a workforce of 10 employees on its EPFO records as of Mar 03, 2025, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1
Employee growth
-23.08%

GST

Vardhman Home Appliances has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAACV0519J1ZGDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Vardhman Home Appliances Limited, buy the company report.

Recent activity

Vardhman Home Appliances Limited has 15 board changes on record since 1992: 5 appointments and 10 cessations. The latest: Sambhav Jain ceased to be Additional Director on 30 Sep 2019.

Charges
A charge registered on 12 Feb 2018 via Charge ID 100184007 with Yes Bank Limited was fully satisfied on 27 Jan 2025.
AGM
Vardhman Home Appliances Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.02 Cr with Charge ID 100929651 was registered on 20 Apr 2024.
Filing
Vardhman Home Appliances Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Yes Bank Limited of Rs. 10.48 Cr registered on 12 Feb 2018 with Charge ID 100184007 was modified on 11 May 2022.
Ceased
Sambhav Jain ceased to be Additional Director.
Ceased
Vineet Jain ceased to be Additional Director.
Ceased
Anima Jain ceased to be Whole-Time Director.
Ceased
Hem Chand Jain ceased to be Whole-Time Director.
Appointed
Sambhav Jain was appointed as Director.
Appointed
Vineet Jain was appointed as Director.
Ceased
Subodh Kumar Jain ceased to be Whole-Time Director.

30 earlier events are in the company report.

Frequently asked questions

Vardhman Home Appliances is an active 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 10 January 1992 (34+ years old) and is registered under CIN U32109DL1992PLC047136.

Vardhman Home Appliances has 5 current directors:

The latest financial statements of Vardhman Home 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 Vardhman Home Appliances is 07AAACV0519J1ZG, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Vardhman Home Appliances is U32109DL1992PLC047136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vardhman Home Appliances has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending.

Vardhman Home Appliances was incorporated on 10 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.

Vardhman Home Appliances has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹38.6 Lakh; the latest was in November 2023.

The peers of Vardhman Home Appliances by revenue are Vtech Biotron Private Limited, Vivek Bulb Industries Pvt Ltd, Yasen Lighting Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing, Home Appliances), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Sambhav Jain ceased to be Additional Director on 30 Sep 2019. Vineet Jain ceased to be Additional Director on 30 Sep 2019. Anima Jain ceased to be Whole-Time Director on 01 May 2019. Vardhman Home Appliances has 15 board changes on record in total.

Yes, Vardhman Home Appliances is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-06-0011885).

Vardhman Home Appliances has 10 MSME Form 1 returns on record between 2021 and 2023, listing 1,709 overdue payments to 36 micro and small suppliers. The latest return was filed on 04 Dec 2023.