- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0006608

About Penguin Electronics Private Limited
Data last updated:
Penguin Electronics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 November 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31209MH1983PTC031258. Its GSTIN is 27AAACP3361L1ZA (Maharashtra). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹11.67 Cr. It was formerly known as Penguin Electronics Pvt Ltd. It is led by directors including Arun Nathmal Garodia and Kusum Ashok Garodia.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Piramal Industrial Estates V Road Goregaon (W), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2025, the company reported a revenue of ₹228.39 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹11.04 Cr (net margin 4.8%) and EBITDA of ₹22.31 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The company has about 344 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹64.32 Cr and satisfied charges of ₹110.57 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹66.7 Lakh; the latest was in January 2025. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Optiemus Electronics Limited with revenue of ₹237.91 Cr.
Penguin Electronics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0006608). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website penguinindia.com.
Company details
CIN history
Penguin Electronics has one previous CIN (Corporate Identification Number): U31209MH1983PLC031258. The current CIN is U31209MH1983PTC031258, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31209MH1983PTC031258 | Current |
| U31209MH1983PLC031258 | Previous |
Recognitions & Rankings of Penguin Electronics
Contact details
Penguin Electronics Private Limited's registered office is in Mumbai, Maharashtra. Its website is penguinindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Piramal Industrial Estates V Road Goregaon (W), Mumbai, Maharashtra, India – 400062
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Penguin Electronics 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
Business activity
The main business activity of Penguin Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Penguin Electronics Private Limited, buy the company report.
Financials of Penguin Electronics Private Limited
FY 2025 filings availablePenguin Electronics Private Limited reported revenue of ₹228.39 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 2% growth in the latest year. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹22.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.04 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 4.8% | ||||
| 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 Penguin Electronics Private Limited, buy the company report.
Board of directors of Penguin Electronics Private Limited
Penguin Electronics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Nathmal Garodia | Director | 01 Sep 1987 | 39 Years 2 Months | Current |
| Kusum Ashok Garodia Also directs: Sawini Finvest Private Limited | Director | 01 Nov 1983 | 43 Years 0 Months | Current |
| Rakesh Nathmal Garodia Also directs: Galaxy Moulders Private Limited, Pacific Cyber Technology Private Limited, Veken Demi Technology Private Limited and 1 more | Director | 01 Nov 1983 | 43 Years 0 Months | Current |
Peer comparison
Penguin Electronics Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Optiemus Electronics Limited | ₹237.91 Cr (FY 2025) | -59.0% | New Delhi, Delhi, India | |||
| TSMT Technology (India) Private Limited | ₹235.87 Cr (FY 2025) | -12.0% | Kancheepuram, Tamil Nadu, India | |||
| Penguin Electronics Private Limitedthis company | ₹228.39 Cr (FY 2025) | ₹11.04 Cr | 4.8% | 2.0% | 344 | Mumbai, Maharashtra, India |
| Erd Technologies Private Limited | ₹221.71 Cr (FY 2025) | 4.0% | Delhi, India |
To see the full peer comparison of Penguin Electronics Private Limited, buy the company report.
Auditor
Penguin Electronics Private Limited is audited by NARESH SHARMA AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARESH SHARMA AND CO. | FY 2023 | 106941W |
Shareholding
The shareholding of Penguin Electronics 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 Penguin Electronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101160816 | Bank of India | ₹3 Cr | Open | |
| 16 Apr 2025 | 101099283 | Bank of India | ₹3 Cr | Open | |
| 14 Feb 2025 | 101065231 | Others | ₹2.5 Cr | Open | |
| 28 Jan 2022 | 100542135 | Others | ₹1.23 Cr | Open | |
| 09 Nov 2021 | 100505539 | Bank of India | ₹1.62 Cr | Open |
To see the full charge records of Penguin Electronics Private Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Penguin Electronics Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹66.7 Lakh; the latest was in January 2025.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Nathmal R Garodia HUF |
| Mar 2012 | Funding round | ₹66.7 Lakh | Investors: Nathmal R Garodia HUF, 3 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Penguin Electronics Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Court case (Workman's Compensation Act) | Filed against the company by an individual | Disposed |
To see the full case history of Penguin Electronics 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.
Credit ratings & regulatory alerts
Penguin Electronics Private Limited was last rated by Crisil on 03 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Dec 2020 |
To see the full credit ratings and regulatory alerts of Penguin Electronics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Penguin Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Penguin Electronics Private Limited has a workforce of 344 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 344 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Penguin Electronics Private Limited, buy the company report.
GST
Penguin Electronics has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3361L1ZA | Maharashtra | Active | 01 Jul 2017 |
| 27AAACP3361L2Z9 | Maharashtra | Active | 25 Feb 2025 |
| 02AAACP3361L2ZL | Himachal Pradesh | Active | 01 Jul 2017 |
| 26AAACP3361L1ZC | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Penguin Electronics Private Limited, buy the company report.
Recent activity
Penguin Electronics Private Limited has 8 board changes on record since 1983: 5 appointments and 3 cessations. The latest: Gayatridevi Nathmal Garodia ceased to be Director on 21 Dec 2024.
61 earlier events are in the company report.
Frequently asked questions
Penguin Electronics is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 November 1983 (43+ years old) and is registered under CIN U31209MH1983PTC031258.
Penguin Electronics has 3 current directors:
- Arun Nathmal Garodia - Director
- Kusum Ashok Garodia - Director
- Rakesh Nathmal Garodia - Director
The latest financial statements of Penguin Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Penguin Electronics is 27AAACP3361L1ZA, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACP3361L2Z9 (Maharashtra), 02AAACP3361L2ZL (Himachal Pradesh), 26AAACP3361L1ZC (Daman & Diu).
The CIN (Corporate Identification Number) of Penguin Electronics is U31209MH1983PTC031258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penguin Electronics has 1 court case on record: 1 filed against it.
Penguin Electronics was incorporated on 01 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Penguin Electronics has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹66.7 Lakh; the latest was in January 2025.
The peers of Penguin Electronics by revenue are Optiemus Electronics Limited, TSMT Technology (India) Private Limited, Erd Technologies Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Gayatridevi Nathmal Garodia ceased to be Director on 21 Dec 2024. Shashi Mehra ceased to be Director on 03 Jan 2023. Shashi Mehra was appointed as Director on 08 Dec 2020. Penguin Electronics has 8 board changes on record in total.
Yes, Penguin Electronics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0006608).

