About Originet Technologies Limited
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Originet Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64200MH1996PLC103469. Its GSTIN is 27AAACB6153C1Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹6.61 Cr. It was formerly known as Broad Communications Limited and Broad Communications Private Limited. It is led by directors including Daulat Samirmal Mehta and Avinash Jambhale.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 702 Acme Plaza Andheri – Kurla Road Andheri (E)., Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.67 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Cr (net margin -7.4%) and EBITDA of -₹34.02 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
As per MCA filings, the company has open charges of ₹15.5 Cr on record. Court records list 15 cases involving the company, including 5 filed by the company and 10 filed against it; 10 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 techoriginet.com.
Company details
Name history
Originet Technologies has undergone 3 name changes throughout its history. The company was previously known as Broad Communications Limited, Broad Communications Private Limited, and Pichelle Communications Limited. The current legal name is Originet Technologies Limited.
| Company Name | Status |
|---|---|
| Originet Technologies Limited | Current |
| Broad Communications Limited | Previous |
| Broad Communications Private Limited | Previous |
| Pichelle Communications Limited | Previous |
CIN history
Originet Technologies has one previous CIN (Corporate Identification Number): U64200MH1996PTC103469. The current CIN is U64200MH1996PLC103469, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64200MH1996PLC103469 | Current |
| U64200MH1996PTC103469 | Previous |
Contact details
Originet Technologies Limited's registered office is in Mumbai, Maharashtra. Its website is techoriginet.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address702 Acme Plaza Andheri – Kurla Road Andheri (E)., Mumbai, Maharashtra, India – 400059
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Originet Technologies 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 Originet Technologies 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 Originet Technologies Limited, buy the company report.
Financials of Originet Technologies Limited
FY 2019 filings availableOriginet Technologies Limited reported revenue of ₹26.67 Cr (down 67% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 67% fall in the latest year. EBITDA fell 146% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹34.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.97 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Originet Technologies Limited, buy the company report.
Board of directors of Originet Technologies Limited
Originet Technologies has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daulat Samirmal Mehta Also directs: Twinstar Industries Limited, Twin Star Holding and Finance Ltd., Radtech Technologies Private Limited and 1 more | Director | 28 Mar 2011 | 15 Years 6 Months | Current |
| Harsh Daulatmal Mehta | Additional Director | 01 Jun 2021 | 5 Years 4 Months | Current |
| Avinash Jambhale | Director | 07 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Originet Technologies Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| Maxxtouch Imppex India Private Limited | ₹26.73 Cr (FY 2020) | -4.0% | Hyderabad, Telangana, India | |||
| Roxton Electronics Private Limited | ₹26.7 Cr (FY 2018) | 42.0% | Kolkata, West Bengal, India | |||
| Swapnalok Tradelinks Private Limited | ₹26.67 Cr (FY 2020) | 2.0% | Nanded, Maharashtra, India | |||
| Originet Technologies Limitedthis company | ₹26.67 Cr (FY 2019) | -₹1.97 Cr | -7.4% | -67.0% | Mumbai, Maharashtra, India | |
| Lotus Lighting Technik India Private Limited | ₹26.61 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Electrex International Private Limited | ₹26.59 Cr (FY 2022) | 1683.0% | Mumbai, Maharashtra, India | |||
| Amethyst IT Solutions Private Limited | ₹26.52 Cr (FY 2025) | 3.0% | Dehi, Delhi, India | |||
| Orbit Infra Marketing Private Limited | ₹26.51 Cr (FY 2025) | 4.0% | Dhanbad, Jharkhand, India |
To see the full peer comparison of Originet Technologies Limited, buy the company report.
Auditor
Originet Technologies Limited is audited by GUPTA RAJ & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA RAJ & CO | FY 2019 | 001687N |
Shareholding
The shareholding of Originet Technologies Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Originet Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2013 | 10467414 | State Bank of India | ₹6 Cr | Open | |
| 18 Jul 2012 | 10366672 | Technology Development Board | ₹9.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Originet Technologies Limited has 15 court cases on record: 5 filed by Originet Technologies, 10 filed against it. 10 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 7 |
| High courts | 5 | 1 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by Technology Development Board | Pending |
| High Court | Writ petition | Filed by the company against State of Maharashtra and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Union of India and 2 others | Pending |
To see the full case history of Originet Technologies 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 Originet Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Originet Technologies has 2 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Originet Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB6153C1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Originet Technologies Limited, buy the company report.
Recent activity
Originet Technologies Limited has 15 board changes on record since 2011: 3 appointments and 12 cessations. The latest: Avinash Jambhale was appointed as Director on 07 Mar 2025.
8 earlier events are in the company report.
Frequently asked questions
Originet Technologies is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 October 1996 (30+ years old) and is registered under CIN U64200MH1996PLC103469.
Originet Technologies has 3 current directors:
- Daulat Samirmal Mehta - Director
- Harsh Daulatmal Mehta - Additional Director
- Avinash Jambhale - Director
The latest financial statements of Originet Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Originet Technologies is 27AAACB6153C1Z3, registered in Maharashtra. 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 Originet Technologies is U64200MH1996PLC103469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Originet Technologies has 15 court cases on record: 5 filed by the company and 10 filed against it. 10 are pending. Most are in the district courts.
Originet Technologies was incorporated on 23 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Originet Technologies by revenue are Maxxtouch Imppex India Private Limited, Roxton Electronics Private Limited, Swapnalok Tradelinks Private Limited, Lotus Lighting Technik India Private Limited, Electrex International Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Avinash Jambhale was appointed as Director on 07 Mar 2025. Pratapnarayan Shukla ceased to be Additional Director on 14 Jun 2024. Dileep Shriram Paranjape ceased to be Director on 19 Oct 2022. Originet Technologies has 15 board changes on record in total.
Originet Technologies can be reached through the website techoriginet.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Originet Technologies is at 702 Acme Plaza Andheri – Kurla Road Andheri E., Mumbai, Maharashtra, India – 400059.