About Phonewale Limited
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Phonewale Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 27 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32300GJ2021PLC128260. Its GSTIN is 27AAMCP5615M1ZV (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It is led by directors including Manishbhai Girishbhai Patel (Managing Director) and Arvindkumar Ranchhodbhai Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,823.37 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹19.55 Cr (net margin 1.1%) and EBITDA of ₹37.67 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 115% over three years.
The company has about 126 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phonewale. As per MCA filings, the company has open charges of ₹50.08 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2023. Its 10 peer companies in the same principal business activity (Wholesale Trading) are compared by revenue, 5 larger and 5 smaller; the largest is Hisoa Electronic Private Limited with revenue of ₹1,876.37 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phonewale.store.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1006 Satyam 64 Opp. High Court Nr. Red Carpet S.G. High, Way, Ahmedabad, Gujarat, India – 380061
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
Associated Brands with Phonewale Limited
Phonewale operates one associated brand: Phonewale. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retail of mobile phones, accessories, smart TVs, and electronics in India. | phonewale.store |
Business Activity of Phonewale Limited
The main business activity of Phonewale is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Phonewale Limited FY 2025 filings available
Phonewale Limited reported revenue of ₹1,823.37 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Phonewale Limited
Revenue has grown at a compounded annual rate (CAGR) of 115% over three years, including 23% growth in the latest year. EBITDA fell 5% 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 Phonewale Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹37.67 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.55 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 of Phonewale Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• |
| 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 Phonewale are in the company report.
Financial statements from FY 2022
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 and KMP of Phonewale Limited
Phonewale Limited currently reports 6 directors and 1 key managerial person.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvindkumar Ranchhodbhai Patel Also directs: Bandhan Foods Private Limited | Whole-Time Director | 27 Dec 2021 | 4 Years 9 Months | Current |
| Chandresh Dashrathbharthi Swami | Whole-Time Director | 27 Dec 2021 | 4 Years 9 Months | Current |
| Manishbhai Girishbhai Patel Also directs: Fonebox Retail Limited, Bandhan Foods Private Limited | Managing Director | 27 Dec 2021 | 4 Years 9 Months | Current |
| Bhawana Dharmesh Mehta Also directs: Dain Colour Chem Limited | Director | 20 May 2025 | 1 Years 5 Months | Current |
| Harsh Bhupendrakumar Kotak | Cfo | 25 May 2023 | 3 Years 4 Months | Current |
| Kavita Khatri Also directs: Polysil Irrigation Systems Limited, Shree Marutinandan Tubes Limited, Gre Renew Enertech Limited and 1 more | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Peer Comparison of Phonewale Limited
Phonewale Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hisoa Electronic Private Limited | ₹1,876.37 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Roche Diagnostics India Private Limited | ₹1,869.2 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Levi Strauss (India) Private Limited | ₹1,843.7 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Vimal Intertrade Private Limited | ₹1,833.47 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Godavari Commodities Ltd | ₹1,830.34 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Kolkata, West Bengal, India |
| Phonewale Limited this company | ₹1,823.37 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ahmedabad, Gujarat, India |
| Best Agrolife Limited Listed | ₹1,818.9 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Tte Technology India Private Limited | ₹1,804.92 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| TVS Automobile Solutions Private Limited | ₹1,804.02 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Madurai, Tamil Nadu, India |
| Nilratan Suppliers Private Limited | ₹1,801.71 Cr (FY 2025) | •••• | •••• | 40591.0% | •••• | Bahraich, Uttar Pradesh, India |
| Goldella Precious Metals Private Limited | ₹1,800.13 Cr (FY 2025) | •••• | •••• | 698.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Phonewale by revenue in the same principal business activity (Wholesale Trading), 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 Phonewale Limited
Phonewale Limited is audited by R K KOTADIYA & CO. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K KOTADIYA & 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 Phonewale 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 Phonewale Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2024 | Others | ₹6.21 Cr | Open |
| 16 Apr 2024 | Others | ₹3 Cr | Open |
| 17 Feb 2024 | Others | ₹38.26 Lakh | Open |
| 15 Feb 2024 | Others | ₹6.2 Cr | Open |
| 20 Jan 2024 | Others | ₹2.32 Cr | Open |
Total charge records: 9 View all charges
Deals & Funding of Phonewale Limited
Phonewale Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2023 | Rights issue | ₹9.85 Cr | Investors: 4 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Phonewale Limited
Phonewale Limited has 7 court cases on record: 5 filed by Phonewale, 2 filed against it. 2 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against State of Madhya Pradesh | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against Kolhapur Municipal Corporation THR. Commissioner | Disposed |
| District court, Panchmahal at Godhra, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat P K Baria, Labour Officers, Godhra | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Phonewale Limited
Phonewale Limited has a workforce of 126 employees as of Apr 09, 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.
Group Structure of Phonewale Limited
Phonewale has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Phonewale Limited
Phonewale Limited has 7 board changes on record since 2021: 7 appointments. The latest: Bhawana Dharmesh Mehta was appointed as Director on 20 May 2025.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Phonewale 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.
MSME Payment Delays by Phonewale Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Phonewale 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 Phonewale Limited
Phonewale has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCP5615M1ZV | Maharashtra | Active | 14 Jun 2022 |
| 23AAMCP5615M1Z3 | Madhya Pradesh | Active | 25 Jan 2024 |
| 22AAMCP5615M1Z5 | Chattisgarh | Active | 21 May 2024 |
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 Phonewale 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 Phonewale Limited
Phonewale is an active public limited company based in Ahmedabad, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 27 December 2021 (5+ years old) and is registered under CIN U32300GJ2021PLC128260.
Phonewale reported revenue of ₹1,823.37 Cr for FY 2025 (up 23% YoY).
Phonewale has 7 current directors and KMP:
- Manishbhai Girishbhai Patel - Managing Director
- Arvindkumar Ranchhodbhai Patel - Whole-Time Director
- Chandresh Dashrathbharthi Swami - Whole-Time Director
- Bhawana Dharmesh Mehta - Director
- Kavita Khatri - Director
- Kalpesh Jayantibhai Patel - Director
- Harsh Bhupendrakumar Kotak - Cfo
Phonewale reported a net profit of ₹19.55 Cr (net margin 1.1%) and EBITDA of ₹37.67 Cr (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Phonewale is 115% over three years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Phonewale is 27AAMCP5615M1ZV, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AAMCP5615M1Z3 (Madhya Pradesh), 22AAMCP5615M1Z5 (Chattisgarh).
The CIN (Corporate Identification Number) of Phonewale is U32300GJ2021PLC128260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phonewale has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Phonewale was incorporated on 27 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Phonewale has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2023.
The peers of Phonewale by revenue are Hisoa Electronic Private Limited, Roche Diagnostics India Private Limited, Levi Strauss (India) Private Limited, Vimal Intertrade Private Limited, Godavari Commodities Ltd and 5 more, all in the same principal business activity (Wholesale Trading).