About Retail Light Techniques India Limited
Data last updated:
Retail Light Techniques India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Future Corporate Resources Private Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52599MH2007PLC166906. The company has 15 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.14 Cr. It was formerly known as Asian Retail Lighting Limited. It is led by directors including Hiral Jayprakash Mehta and Chetan Kamlakar Adurkar.
Its last annual general meeting (AGM) was held on 17 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.22 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹1.93 Cr (net margin -59.9%) and EBITDA of -₹1.86 Cr (EBITDA margin -57.9%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 53% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32 Cr and satisfied charges of ₹14.58 Cr on record. Court records list 27 cases involving the company, including 23 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website retaillight.com.
Company details
Contact details
Retail Light Techniques India Limited's registered office is in Mumbai, Maharashtra. Its website is retaillight.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressKnowledge House Shyam Nagar Jogeshwari Vikhroli Link Road Jogeshwar, I (E), Mumbai, Maharashtra, India – 400060
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Retail Light Techniques India 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 Retail Light Techniques India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Retail Light Techniques India Limited, buy the company report.
Financials of Retail Light Techniques India Limited
FY 2021 filings availableRetail Light Techniques India Limited reported revenue of ₹3.22 Cr (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 88% fall in the latest year. EBITDA rose 54% 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 | ₹3.22 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.93 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -57.9% | ||||
| Net Profit Margin | -59.9% | ||||
| 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 Retail Light Techniques India Limited, buy the company report.
Board of directors of Retail Light Techniques India Limited
Retail Light Techniques India has 3 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Jayprakash Mehta | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Chetan Kamlakar Adurkar | Additional Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Rajnandan Bajrangi Paswan Also directs: Akar Estate & Finance Pvt Ltd, Rural Fairprice Wholesale Limited, Fabsin Trading and Agency Private Limited and 5 more | Additional Director | 26 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Retail Light Techniques India Limited is audited by D M K H & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M K H & CO | FY 2021 | 116886W |
Shareholding
The shareholding of Retail Light Techniques India Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Retail Light Techniques India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2009 | 10199822 | Punjab National Bank | ₹32 Cr | Open | |
| 23 Apr 2013 | 10424113 | Tata Cleantech Capital Limited | ₹57.96 Lakh | Satisfied | |
| 18 Sep 2007 | 10073617 | Centurion Bank of Punjab | ₹14 Cr | Satisfied |
To see the full charge records of Retail Light Techniques India Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Retail Light Techniques India Limited has 27 court cases on record: 23 filed by Retail Light Techniques India, 4 filed against it. 3 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 2 | 1 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAF) | Filed against the company by Solar Designs Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Neelima Architeets and Projects Pvt Ltd and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Salasar Enterprises Pvt.Ltd. and Anr. and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against Solar Designs Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Solar Designs Pvt.Ltd. | Disposed |
To see the full case history of Retail Light Techniques India 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 Retail Light Techniques India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Retail Light Techniques India Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Retail Light Techniques India has 15 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 Retail Light Techniques India Limited, buy the company report.
Recent activity
Retail Light Techniques India Limited has 25 board changes on record since 2007: 3 appointments and 22 cessations. The latest: Rajnandan Bajrangi Paswan was appointed as Additional Director on 26 Apr 2023.
22 earlier events are in the company report.
Frequently asked questions
Retail Light Techniques India is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 January 2007 (19+ years old) and is registered under CIN U52599MH2007PLC166906.
Retail Light Techniques India has 3 current directors:
- Hiral Jayprakash Mehta - Director
- Chetan Kamlakar Adurkar - Additional Director
- Rajnandan Bajrangi Paswan - Additional Director
The latest financial statements of Retail Light Techniques India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 17 January 2022. Year-wise statements from 2015 are in the company report.
No. Retail Light Techniques India has 15 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Retail Light Techniques India is U52599MH2007PLC166906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Retail Light Techniques India has 27 court cases on record: 23 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Retail Light Techniques India was incorporated on 10 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajnandan Bajrangi Paswan was appointed as Additional Director on 26 Apr 2023. Vinay Dilip Dalmia ceased to be Additional Director on 26 Apr 2023. Abhishek Taparia ceased to be Director on 12 May 2022. Retail Light Techniques India has 25 board changes on record in total.
Retail Light Techniques India can be reached through the website retaillight.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Retail Light Techniques India is at Knowledge House Shyam Nagar Jogeshwari Vikhroli Link Road Jogeshwar, I E, Mumbai, Maharashtra, India – 400060.
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.
