About Victronics Communications Private Limited
Data last updated:
Victronics Communications Private Limited was a private limited company based in Delhi, India, operated as a subsidiary of Lemon Electronics Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 03 July 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74110DL2015PTC282392. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.55 Cr. It was led by directors Dayanand Ray and Vipin Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 152 Shivani Apartments Plot No. 63, I P Extention Patparganj, Delhi, India – 110092.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.47 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Lakh (net margin -65.7%) and EBITDA of -₹72,139 (EBITDA margin -29.2%). Revenue has declined at a compounded annual rate (CAGR) of 182% over three years and 81% over five years.
The company had about 19 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹17.37 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending. The company has 11 deals on record (8 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in March 2022. Its 4 peer companies in the Consumer Durables industry (Communications, Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Azure Sparkler Private Limited with revenue of ₹2.5 Lakh.
The last known website on record is victronics.co.in.
Company details
CIN history
Victronics Communications has one previous CIN (Corporate Identification Number): U74999DL2015PTC282392. The current CIN is U74110DL2015PTC282392, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110DL2015PTC282392 | Current |
| U74999DL2015PTC282392 | Previous |
Contact details
Victronics Communications Private Limited's registered office is in Delhi, Delhi. Its website is victronics.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address152 Shivani Apartments Plot No. 63, I P Extention Patparganj, Delhi, India – 110092
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Victronics Communications 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
Financials of Victronics Communications Private Limited
FY 2023 filings availableVictronics Communications Private Limited reported revenue of ₹2.47 Lakh (down 96% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over five years, including a 96% fall in the latest year. EBITDA fell 355% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.47 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹72,139 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.62 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.2% | ||||
| Net Profit Margin | -65.7% | ||||
| 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 Victronics Communications Private Limited, buy the company report.
Board of directors of Victronics Communications Private Limited
Victronics Communications has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dayanand Ray | Director | 15 Jun 2021 | 5 Years 4 Months | As last reported |
| Vipin Sharma Also directs: Pandokhar Food LLP, Golden Cryo Private Limited, Elitecon India FMCG Private Limited and 1 more | Director | 14 Jun 2021 | 5 Years 4 Months | As last reported |
Peer comparison
Victronics Communications Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Communications, Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Azure Sparkler Private Limited | ₹2.5 Lakh (FY 2025) | -69.0% | New Delhi, Delhi, India | |||
| Poseidon Lighting Private Limited | ₹2.49 Lakh (FY 2021) | 58.0% | Gummidipoondi, Tamil Nadu, India | |||
| Victronics Communications Private Limitedthis company | ₹2.47 Lakh (FY 2023) | -₹1.62 Lakh | -65.7% | -96.0% | 19 | Delhi, India |
| Vijay Energy Products Private Limited | ₹2.47 Lakh (FY 2025) | 325.0% | Tamil Nadu, India | |||
| KTG Electro Private Limited | ₹2.46 Lakh (FY 2017) | 8.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Victronics Communications Private Limited, buy the company report.
Auditor
Victronics Communications Private Limited is audited by Garg Agrawal & Agrawal for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Garg Agrawal & Agrawal | FY 2023 | 016137N |
Shareholding
The shareholding of Victronics Communications Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Victronics Communications Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2017 | 100146935 | Indian Overseas Bank | ₹17.32 Lakh | Satisfied | |
| 01 Mar 2017 | 100086010 | State Bank of India | ₹17.2 Cr | Satisfied |
To see the full charge records of Victronics Communications Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Victronics Communications Private Limited has 11 deals on record (8 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in March 2022.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Lemon Electronics Limited & Vipin Sharma, Lemon Electronics Limited Seller: Starorama Technologies Private Limited , an individual |
| Oct 2018 | Acquisition | Undisclosed | Buyer: Starorama Technologies Private Limited Seller: Manglam Infrabuild LLP , 2 individuals |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Manglam Infrabuild LLP Seller: Starorama Technologies Private Limited |
| Sep 2017 | Rights issue | ₹7 Cr | Investors: Manglam Infrabuild LLP , Starorama Technologies Private Limited |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: Starorama Technologies Private Limited Seller: an individual |
To see the full deal history of Victronics Communications Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Victronics Communications Private Limited has 6 court cases on record: 1 filed by Victronics Communications, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Commercial suit | Filed against the company by Nippon Express India Pvt Ltd | Disposed |
| District court, Shahdara, Delhi | Commercial suit | Filed against the company by M/S Adway Print Concepts Pvt. Ltd. | Disposed |
| District court, South West, Delhi | Commercial suit | Filed against the company by M/S Ata Freight Line (I) Pvt. Ltd. Th. Md/Director/Ar and 1 other | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| NCLT, New Delhi Bench Court-III | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Victronics Communications 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 Victronics Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Victronics Communications Private Limited has a workforce of 19 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Victronics Communications has 7 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 Victronics Communications Private Limited, buy the company report.
Recent activity
Victronics Communications Private Limited has 12 board changes on record since 2016: 2 appointments and 10 cessations. The latest: Dayanand Ray ceased to be Additional Director on 30 Nov 2021.
8 earlier events are in the company report.
Frequently asked questions
Victronics Communications has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Victronics Communications was a private limited company based in Delhi, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 03 July 2015 and is registered under CIN U74110DL2015PTC282392. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Victronics Communications was incorporated on 03 July 2015. It is registered with the Registrar of Companies, Delhi.
Victronics Communications had 2 directors:
- Dayanand Ray - Director
- Vipin Sharma - Director
The CIN (Corporate Identification Number) of Victronics Communications is U74110DL2015PTC282392. 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 Victronics Communications is at 152 Shivani Apartments Plot No. 63, I P Extention Patparganj, Delhi, India – 110092.
Victronics Communications can be reached through the website victronics.co.in. Its registered office is in Delhi, India.
The latest financial statements of Victronics Communications on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
No. Victronics Communications has 7 GST registrations on record and all of them are cancelled or inactive.
Victronics Communications operated in the consumer electronics and durables industry, in the electronics manufacturing segment.
Victronics Communications has 11 deals on record (8 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in March 2022.