About Panasonic Life Solutions India Private Limited
Data last updated:
Panasonic Life Solutions India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Panasonic Holdings Corporation. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 02 April 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31200HR1981FTC088701. Its GSTIN is 06AAECA2190C1Z7 (Haryana). The company holds 62 GST registrations, of which 54 are active.
The company has an authorised share capital of ₹7,000 Cr and a paid-up capital of ₹445.9 Cr. It was formerly known as Anchor Electricals Private Limited. It is led by directors including Tadashi Chiba (Managing Director) and Manish Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2023, the company reported a revenue of ₹10,029 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹636.26 Cr (net margin 6.3%) and EBITDA of ₹1,009.86 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 27% over five years.
The company has about 5,991 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Anchor World. As per MCA filings, the company has satisfied charges of ₹12.5 Cr on record. Court records list 419 cases involving the company, including 383 filed by the company and 37 filed against it; 158 cases are pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,394.07 Cr; the latest was in August 2022. Its 6 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is Uniled Technologies India Private Limited with revenue of ₹34.56 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 830 overdue payments to 285 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lsin.panasonic.com.
Company details
CIN history
Panasonic Life Solutions India has one previous CIN (Corporate Identification Number): U31200MH1981FTC128292. The current CIN is U31200HR1981FTC088701, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200HR1981FTC088701 | Current |
| U31200MH1981FTC128292 | Previous |
Contact details
Panasonic Life Solutions India Private Limited's registered office is in Gurgaon, Haryana. Its website is lsin.panasonic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address12th Floor Ambience Tower, Ambience Island NH – 8, Gurgaon, Haryana, India – 122002
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Panasonic Life Solutions India 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
Brands
Panasonic Life Solutions India operates one associated brand: Anchor World. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of electrical products | anchor-world.com |
Financials of Panasonic Life Solutions India Private Limited
FY 2025 filings availablePanasonic Life Solutions India Private Limited reported revenue of ₹10,029 Cr (up 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 18% growth in the latest year. EBITDA rose 20% 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 | ₹10,029 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,009.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹636.26 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Panasonic Life Solutions India Private Limited, buy the company report.
Board of directors of Panasonic Life Solutions India Private Limited
Panasonic Life Solutions India has 10 current directors and 51 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Sharma Also directs: Exploverse Platforms LLP, Aditya Infotech Limited | Whole-Time Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Yasuhiro Masui | Whole-Time Director | 20 May 2019 | 7 Years 5 Months | Current |
| Yoshiyuki Kato Also directs: Japanese Association in Mumbai | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Tadashi Chiba Also directs: Panasonic Consumer India Private Limited | Managing Director | 25 Feb 2023 | 3 Years 8 Months | Current |
| Fumiyasu Fujimori | Whole-Time Director | 27 Sep 2023 | 3 Years 1 Months | Current |
| Masahiro Shinada | Director | 19 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Panasonic Life Solutions India Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panasonic Life Solutions India Private Limitedthis company | ₹10,029 Cr (FY 2023) | ₹636.26 Cr | 6.3% | 18.0% | 5,991 | Gurgaon, Haryana, India |
| Uniled Technologies India Private Limited | ₹34.56 Cr (FY 2019) | 27.0% | Mumbai, Maharashtra, India | |||
| Design Dialogues India Private Limited | ₹34.51 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Novelco Technologies Private Limited | ₹34.43 Cr (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Avert Energy India Private Limited | ₹34.4 Cr (FY 2025) | 26.0% | Mana Camp, Chhattisgarh, India | |||
| Dpi Daylighting Private Limited | ₹33.69 Cr (FY 2025) | -14.0% | Gurgaon, Haryana, India | |||
| G.T. Magnetics Private Limited | ₹33.67 Cr (FY 2025) | 1.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Panasonic Life Solutions India Private Limited, buy the company report.
Auditor
Panasonic Life Solutions India Private Limited is audited by B S R& Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R& Co LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Panasonic Life Solutions India 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panasonic Life Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2008 | 10136282 | Bank of India | ₹12.5 Cr | Satisfied |
To see the full charge records of Panasonic Life Solutions India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Panasonic Life Solutions India Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,394.07 Cr; the latest was in August 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | ₹1,372.4 Cr | Investors: Panasonic Asia Pacific Pte Ltd, Panasonic Holding (Netherlands) B.V |
| Dec 2014 | Funding round | ₹300 Cr | Investors: Panasonic Corporation |
| May 2012 | Funding round | ₹296 Cr | Investors: Panasonic Corporation |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Panasonic Corporation, Panasonic Switchgear Systems Co Ltd Seller: Panasonic Corporation, 3 individuals |
| Apr 2007 | Secondary share transfer | Undisclosed | Buyer: Panasonic Corporation Seller: 4 individuals |
To see the full deal history of Panasonic Life Solutions India 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
Panasonic Life Solutions India Private Limited has 419 court cases on record: 383 filed by Panasonic Life Solutions India, 37 filed against it. 158 cases are pending and 261 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 377 | 18 | 148 |
| High courts | 39 | 18 | 9 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 419)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2407-Indirect Taxation : Entry tax, motor vehicle tax, purchase tax, entertainment tax, terminal tax, octroi, toll tax, professional tax, Gold Control Act, Hotel Receipts Tax Act, Water and sewage Tax, luxury tax, Cess Acts) | Filed against the company by Commissioner of Sales Tax Odisha and 2 others | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company by Ucast Media Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Trumac Retail Private Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Synchronossolutions Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Living Audio Private Limited | Pending |
To see the full case history of Panasonic Life Solutions India 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
Panasonic Life Solutions India Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 830 overdue payments to 285 micro and small suppliers. 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 (5 of 285)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Seeco Enterprises Private Limited | |||
| Koolking Udhyog Private Limited | |||
| B. L. Containers Private Limited | |||
| BMR Hvac Limited | |||
| East India Technologies Private Limited. |
To see the full MSME payment records of Panasonic Life Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Panasonic Life Solutions India Private Limited has a workforce of 5,991 employees on its EPFO records as of Apr 20, 2024, across 9 active EPFO establishments.
GST
Panasonic Life Solutions India has 62 GST registrations: 54 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECA2190C1Z7 | Haryana | Active | 01 Jul 2017 |
| 06AAECA2190C2Z6 | Haryana | Active | 10 Dec 2021 |
| 06AAECA2190C3Z5 | Haryana | Active | 11 Dec 2021 |
| 06AAECA2190C4Z4 | Haryana | Active | 11 Dec 2021 |
To see the full GST registrations and return filing status of Panasonic Life Solutions India Private Limited, buy the company report.
Recent activity
Panasonic Life Solutions India Private Limited has 110 board changes on record since 2007: 60 appointments and 50 cessations. The latest: Masahiro Shinada was appointed as Director on 19 Jun 2025.
103 earlier events are in the company report.
News
Frequently asked questions
Panasonic Life Solutions India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 02 April 1981 (45+ years old) and is registered under CIN U31200HR1981FTC088701.
Panasonic Life Solutions India has 10 current directors:
- Tadashi Chiba - Managing Director
- Manish Sharma - Whole-Time Director
- Yasuhiro Masui - Whole-Time Director
- Fumiyasu Fujimori - Whole-Time Director
- Hirokazu Kamoda - Whole-Time Director
- Koji Takatori - Whole-Time Director
- Yoshiyuki Kato - Director
- Masahiro Shinada - Director
- Eiichi Katayama - Director
- Kiyoshi Otaki - Director
The latest financial statements of Panasonic Life Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Panasonic Life Solutions India is 06AAECA2190C1Z7, registered in Haryana. The company has 62 GST registrations in all, of which 54 are active and 8 are cancelled or inactive. Other active GSTINs include 06AAECA2190C2Z6 (Haryana), 06AAECA2190C3Z5 (Haryana), 06AAECA2190C4Z4 (Haryana).
The CIN (Corporate Identification Number) of Panasonic Life Solutions India is U31200HR1981FTC088701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panasonic Life Solutions India has 419 court cases on record: 383 filed by the company and 37 filed against it. 158 are pending. Most are in the district courts.
Panasonic Life Solutions India was incorporated on 02 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
Panasonic Life Solutions India has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,394.07 Cr; the latest was in August 2022.
The peers of Panasonic Life Solutions India by revenue are Uniled Technologies India Private Limited, Design Dialogues India Private Limited, Novelco Technologies Private Limited, Avert Energy India Private Limited, Dpi Daylighting Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Masahiro Shinada was appointed as Director on 19 Jun 2025. Shigeru Dono ceased to be Director on 01 Apr 2025. Hirokazu Kamoda was appointed as Whole-Time Director on 23 Jan 2025. Panasonic Life Solutions India has 110 board changes on record in total.
Panasonic Life Solutions India has 10 MSME Form 1 returns on record between 2019 and 2024, listing 830 overdue payments to 285 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Panasonic Life Solutions India can be reached through the website lsin.panasonic.com. Its registered office is in Gurgaon, Haryana, India.
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.
