About Starlight Industries Limited
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Starlight Industries Limited is a public limited company based in Bhilwara, Rajasthan, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27109RJ2011PLC036791. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹67 Lakh and a paid-up capital of ₹67 Lakh. It was formerly known as Starlite Steelcon Private Limited. It is led by directors including Mukesh Joshi (Managing Director) and Vinod Joshi (Whole-Time Director).
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 Village Kanoli Post Atun Distt – Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2018, the company reported a revenue of ₹28.38 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹3.99 Lakh (net margin -0.1%) and EBITDA of ₹15.49 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹40 Lakh on record. Court records list 11 cases involving the company, including 11 filed against it; 2 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 starlightgroup.in.
Company details
Name history
Starlight Industries has undergone 2 name changes throughout its history. The company was previously known as Starlight Industries Limited, and Starlite Steelcon Private Limited. The current legal name is Starlight Industries Limited.
| Company Name | Status |
|---|---|
| Starlight Industries Limited | Current |
| Starlite Steelcon Private Limited | Previous |
CIN history
Starlight Industries has one previous CIN (Corporate Identification Number): U27109RJ2011PTC036791. The current CIN is U27109RJ2011PLC036791, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109RJ2011PLC036791 | Current |
| U27109RJ2011PTC036791 | Previous |
Contact details
Starlight Industries Limited's registered office is in Bhilwara, Rajasthan. Its website is starlightgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Kanoli Post Atun Distt – Bhilwara, Rajasthan, India – 311001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Starlight Industries 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 Starlight Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Starlight Industries Limited, buy the company report.
Financials of Starlight Industries Limited
FY 2018 filings availableStarlight Industries Limited reported revenue of ₹28.38 Cr (up 12% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over three years, including 12% growth in the latest year. EBITDA fell 73% 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 | ||||
| Other Income | ||||
| Total Revenue | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹15.49 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.99 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.5% | |||
| Net Profit Margin | -0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Starlight Industries Limited, buy the company report.
Board of directors of Starlight Industries Limited
Starlight Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Joshi Also directs: Amkey Infratech Private Limited, Amkey Ventures Private Limited | Managing Director | 20 Oct 2011 | 15 Years 0 Months | Current |
| Vinod Joshi | Whole-Time Director | 10 Feb 2016 | 10 Years 8 Months | Current |
| Dinesh Kumar Joshi | Whole-Time Director | 15 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Starlight Industries Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Electronic Appliances Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Whizle Tradex Private Limited | ₹28.48 Cr (FY 2019) | 61.0% | New Delhi, Delhi, India | |||
| Citadel Textiles Private Limited | ₹28.41 Cr (FY 2025) | -37.0% | Ahmedabad, Gujarat, India | |||
| Starlight Industries Limitedthis company | ₹28.38 Cr (FY 2018) | -₹3.99 Lakh | -0.1% | 12.0% | Bhilwara, Rajasthan, India | |
| Utsav India Corporation Private Limited | ₹28.38 Cr (FY 2025) | 46.0% | Jodhpur, Rajasthan, India | |||
| Trinity Tradecom Private Limited | ₹28.3 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Starlight Industries Limited, buy the company report.
Auditor
Starlight Industries Limited is audited by SSMS & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSMS & ASSOCIATES | FY 2017 | 019351C |
Shareholding
The shareholding of Starlight Industries 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 Starlight Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2015 | 10609112 | Bhilwara Urban Co-Operative Bank Ltd. | ₹60 Lakh | Open | |
| 15 Feb 2013 | 10403043 | Bank of Baroda | ₹40 Lakh | Satisfied |
To see the full charge records of Starlight Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Starlight Industries Limited has 11 court cases on record: 11 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, DNH at Silvasa | Cheque dishonour complaint | Filed against the company by Transrail Lighting Limited Through Poa Shri Bhavesh Chhatriwala | Pending |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S Daimler Financial Services India Pvt. Ltd, Rep by Its Legal Executive K. Ramakrishna | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (OTH. MISC.APPLI- CRI) | Filed against the company by Transrail Lighting Limited Through Poa Shri Bhavesh Chhatriwala | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Ms.N.K.B.Machines Ltd. | Disposed |
| District court, Udaipur, Rajasthan | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Starlight Industries 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 Starlight Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Starlight Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Starlight Industries Limited, buy the company report.
Recent activity
Starlight Industries Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Dinesh Kumar Joshi ceased to be Director on 25 Mar 2017.
2 earlier events are in the company report.
Frequently asked questions
Starlight Industries is an active public limited company based in Bhilwara, Rajasthan, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 October 2011 (15+ years old) and is registered under CIN U27109RJ2011PLC036791.
Starlight Industries has 3 current directors:
- Mukesh Joshi - Managing Director
- Vinod Joshi - Whole-Time Director
- Dinesh Kumar Joshi - Whole-Time Director
The latest financial statements of Starlight Industries 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.
No. Starlight Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Starlight Industries is U27109RJ2011PLC036791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starlight Industries has 11 court cases on record: 11 filed against it. 2 are pending.
Starlight Industries was incorporated on 20 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Starlight Industries by revenue are Whizle Tradex Private Limited, Citadel Textiles Private Limited, Utsav India Corporation Private Limited, Trinity Tradecom Private Limited, all in the Consumer Products industry (Electronic Appliances Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Dinesh Kumar Joshi ceased to be Director on 25 Mar 2017. Mukesh Joshi ceased to be Director on 25 Mar 2017. Dinesh Kumar Joshi was appointed as Whole-Time Director on 15 Feb 2016. Starlight Industries has 7 board changes on record in total.
Starlight Industries can be reached through the website starlightgroup.in. Its registered office is in Bhilwara, Rajasthan, India.
The registered office of Starlight Industries is at Village Kanoli Post Atun Distt – Bhilwara, Rajasthan, India – 311001.