On Electronics Private Limited
About On Electronics Private Limited
Data last updated:
On Electronics Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of On Semiconductor Trading Sarl. It operates in the business support services segment of the business services sector. It was incorporated on 03 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74990KA2009FTC083028. Its GSTIN is 29AABCO1941N1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shin Min Thng and Deepika.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.59 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹56.51 Lakh (net margin 5.9%) and EBITDA of ₹93.78 Lakh (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 12% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of On Electronics Private Limited
On Electronics has one previous CIN (Corporate Identification Number): U74990MH2009FTC194601. The current CIN is U74990KA2009FTC083028, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74990KA2009FTC083028 | Current |
| U74990MH2009FTC194601 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No.75 5th Floor Cignus – 1, Road No.8 Epip Industrial Area Whitefield, Bangalore, Karnataka, India – 560066
- IndustryBusiness Services, Business Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of On Electronics Private Limited
The main business activity of On Electronics is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of On Electronics Private Limited FY 2024 filings available
On Electronics Private Limited reported revenue of ₹9.59 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of On Electronics Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 10% 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 of On Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹93.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹56.51 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 of On Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of On Electronics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of On Electronics Private Limited
On Electronics has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shin Min Thng Also directs: On Semiconductor Technology India Private Limited | Director | 30 Sep 2020 | 6 Years 0 Months | Current |
| Deepika | Director | 30 Sep 2020 | 6 Years 0 Months | Current |
| Padmanabha Melinakoppa Venkatappa Gowda Also directs: On Semiconductor Technology India Private Limited | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
Peer Comparison of On Electronics Private Limited
On Electronics Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anglo American Crop Nutrients (India) Private Limited | ₹9.69 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Packapill Technologies Private Limited | ₹9.64 Cr (FY 2025) | •••• | •••• | 405.0% | •••• | Chennai, Tamil Nadu, India |
| Modern Growth Technologies Private Limited | ₹9.63 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Yash Consumer Products Private Limited | ₹9.62 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Kalyan, Maharashtra, India |
| Phoenix Global Trade Solutions Private Limited | ₹9.6 Cr (FY 2019) | •••• | •••• | 32.0% | •••• | Hitec, Telangana, India |
| On Electronics Private Limited this company | ₹9.59 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Prescription Pharma Support Private Limited | ₹9.59 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| LT Apparel Private Limited | ₹9.59 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Business Aircraft International Private Limited | ₹9.59 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Tech5 India Private Limited | ₹9.58 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Bakul Multiforce Services Private Limited | ₹9.56 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below On Electronics by revenue in the Business Services industry (Business Auxiliary Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of On Electronics Private Limited
On Electronics Private Limited is audited by S.P. Nagrath & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.P. Nagrath & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of On Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of On Electronics Private Limited
On Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by On Electronics Private Limited
On Electronics Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at On Electronics Private Limited
On Electronics Private Limited has a workforce of 14 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on On Electronics Private Limited
On Electronics Private Limited has 12 board changes on record since 2016: 3 appointments and 9 cessations. The latest: Deepika ceased to be Additional Director on 30 Oct 2020.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for On Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of On Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of On Electronics Private Limited
On Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCO1941N1Z4 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of On Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about On Electronics Private Limited
On Electronics is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 03 August 2009 (17+ years old) and is registered under CIN U74990KA2009FTC083028.
On Electronics reported revenue of ₹9.59 Cr for FY 2024 (down 3% YoY).
On Electronics has 3 current directors:
- Shin Min Thng - Director
- Deepika - Director
- Padmanabha Melinakoppa Venkatappa Gowda - Director
On Electronics reported a net profit of ₹56.51 Lakh (net margin 5.9%) and EBITDA of ₹93.78 Lakh (EBITDA margin 9.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of On Electronics is 21% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of On Electronics is 29AABCO1941N1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of On Electronics is U74990KA2009FTC083028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
On Electronics was incorporated on 03 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of On Electronics by revenue are Anglo American Crop Nutrients (India) Private Limited, Packapill Technologies Private Limited, Modern Growth Technologies Private Limited, Yash Consumer Products Private Limited, Phoenix Global Trade Solutions Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).
Deepika ceased to be Additional Director on 30 Oct 2020. Shin Min Thng ceased to be Additional Director on 30 Oct 2020. Sudershan Raghavachary Vuruputoor ceased to be Director on 14 Oct 2020. On Electronics has 12 board changes on record in total.
On Electronics has 2 MSME Form 1 returns on record between 2021 and 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Apr 2022.
The registered office of On Electronics is at Plot No.75 5th Floor Cignus – 1, Road No.8 Epip Industrial Area Whitefield, Bangalore, Karnataka, India – 560066.