Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U36993MH2011PTC213827 Incorporated 21 February 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2021
₹768.88 Cr
▲ 12% YoY
Net profit · FY 2021
₹68.59 Cr
Net margin 8.9%
EBITDA · FY 2021
₹99.93 Cr
EBITDA margin 13%
Authorised capital
₹131.05 Cr
Registered with MCA
Paid-up capital
₹95.19 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
838
Provident fund records
Directors on board
4
As per MCA filings

About Preethi Kitchen Appliances Private Limited

Data last updated:

Preethi Kitchen Appliances Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Philips India Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 21 February 2011.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36993MH2011PTC213827. Its GSTIN is 27AAFCP8830K1ZZ (Maharashtra). The company held 10 GST registrations, of which 9 are active.

The company had an authorised share capital of ₹131.05 Cr and a paid-up capital of ₹95.19 Cr. It was led by directors including Subramanian Srinivasan (Managing Director) and Sudeep Agrawal.

Its last annual general meeting (AGM) was held on 05 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Raheja Platinum Sag Baug Road Off Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.

As per the financials filed for FY 2021, the company reported a revenue of ₹768.88 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹68.59 Cr (net margin 8.9%) and EBITDA of ₹99.93 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.

The company had about 838 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: Preethi. Court records list 117 cases involving the company, including 51 filed by the company and 65 filed against it; 24 cases are pending. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹1,283.09 Cr; the latest was in March 2019. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing, Kitchen Appliances) are compared by revenue, 5 larger and 5 smaller; the largest is Skyworth India Electronics Private Limited with revenue of ₹807.29 Cr.

The last known website on record is preethi.in.

Company Details of Preethi Kitchen Appliances Private Limited
CIN U36993MH2011PTC213827
Registration Number 213827
Incorporation Date 21 February 2011
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 05 July 2021
Date of Balance Sheet 31 March 2021
Parent Company Philips India Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Raheja Platinum Sag Baug Road Off Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Preethi Kitchen Appliances Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Preethi Kitchen Appliances Private Limited

The main business activity of Preethi Kitchen Appliances is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Preethi Kitchen Appliances Private Limited FY 2021 filings available

Preethi Kitchen Appliances Private Limited reported revenue of ₹768.88 Cr (up 12% YoY) for FY 2021.

Revenue · FY 2021
₹768.88 Cr ▲ 12%
Net profit · FY 2021
₹68.59 Cr margin 8.9%
EBITDA · FY 2021
₹99.93 Cr margin 13%

Compounded Annual Growth Rate (CAGR) of Preethi Kitchen Appliances Private Limited

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 5%
5 years · compounded
▲ 20%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 12% growth in the latest year. EBITDA rose 31% 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 Preethi Kitchen Appliances Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹768.88 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹99.93 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹68.59 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 Preethi Kitchen Appliances Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin13%••••••••••••••••
Net Profit Margin8.9%••••••••••••••••
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 Preethi Kitchen Appliances are in the company report.

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Financial statements from 2015

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Peer Comparison of Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, Kitchen Appliances). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Skyworth India Electronics Private Limited₹807.29 Cr (FY 2025)••••••••-34.0%••••Hyderabad, Telangana, India
Tata Autocomp Gy Batteries Private Limited₹795.17 Cr (FY 2025)••••••••29.0%••••Pune, Maharashtra, India
Yaskawa India Private Limited₹787.27 Cr (FY 2025)••••••••15.0%••••Bangalore, Karnataka, India
Vardhman Appliances Limited₹786.55 Cr (FY 2025)••••••••224.0%••••Delhi, India
Apj Investments Private Limited₹781.4 Cr (FY 2025)••••••••29.0%••••Manesar, Haryana, India
Preethi Kitchen Appliances Private Limited this company₹768.88 Cr (FY 2021)••••••••12.0%••••Mumbai, Maharashtra, India
Veira Electronics Private Limited₹761.65 Cr (FY 2024)••••••••19.0%••••Delhi, India
Ecorea & Kuroda Electric India Private Limited₹733.01 Cr (FY 2025)••••••••23.0%••••Pune, Maharashtra, India
Califonix Tech and Manufacturing Private Limited₹732.13 Cr (FY 2025)••••••••72.0%••••Noida, Uttar Pradesh, India
Gautam Solar Private Limited₹731.19 Cr (FY 2024)••••••••106.0%••••New Delhi, Delhi, India
Virtuoso Optoelectronics Limited Listed₹702.76 Cr (FY 2025)••••••••32.0%••••Nashik, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Preethi Kitchen Appliances by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, Kitchen Appliances), 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 Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2020.

NameStatusAppointment DateCessation Date
S.R. BATLIBOI & CO. LLPLockedLockedLocked
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Board of Directors and KMP of Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances Private Limited currently reports 3 directors and 1 key managerial person. 17 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Sudeep AgrawalDirector13 Jun 20188 Years 3 MonthsAs last reported
Rajiv MathurDirector09 Feb 201610 Years 8 MonthsAs last reported
Subramanian SrinivasanManaging Director13 Nov 20187 Years 10 MonthsAs last reported
Arulsingh ArunaCompany Secretary31 May 20197 Years 4 MonthsAs last reported

Ownership and Shareholding of Preethi Kitchen Appliances Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹1,283.09 Cr; the latest was in March 2019.

Total deals
10
Secondary share transfers
6
Funding rounds
4
Disclosed funding
₹1,283.09 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Nov 2016Funding round₹269.8 CrInvestors: Philips India Limited
Mar 2016Funding round₹373.3 CrInvestors: Philips India Limited
Mar 2013Secondary share transferUndisclosedBuyer: Philips India Limited
Seller: an individual
Apr 2011Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Philips India Limited
Mar 2011Secondary share transferUndisclosedBuyer: Philips India Limited
Seller: 2 individuals
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances operates one associated brand: Preethi. Each brand links to its own profile.

BrandDescriptionWebsite
Kitchen appliances sales and services in India.preethi.in

Employees and EPFO Compliance at Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances Private Limited has a workforce of 838 employees as of Apr 08, 2024.

Employee count
838
Active EPFO establishments
1
Employee growth
-21.68%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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News related to Preethi Kitchen Appliances Private Limited

Recent Activity on Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances Private Limited has 18 board changes on record since 2011: 4 appointments and 14 cessations. The latest: Arulsingh Aruna was appointed as Company Secretary on 31 May 2019.

AGM
Preethi Kitchen Appliances Private Limited last Annual general meeting of members was held on 05 Jul 2021 as per latest MCA records.
Filing
Preethi Kitchen Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Appointed
Arulsingh Aruna was appointed as Company Secretary.
Ceased
Angarai Dorairajan Aditya Ratnam ceased to be Director.
Ceased
Nishant Nayan ceased to be Company Secretary.
Appointed
Subramanian Srinivasan was appointed as Managing Director.
Ceased
Subramanian Srinivasan ceased to be Additional Director.
Ceased
Sudeep Agrawal ceased to be Additional Director.
Appointed
Sudeep Agrawal was appointed as Director.
Ceased
Rupendra Yadav ceased to be Managing Director.
Ceased
Rajiv Mathur ceased to be Additional Director.
Appointed
Rajiv Mathur was appointed as Director.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Preethi Kitchen Appliances Private Limited

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MSME Payment Delays by Preethi Kitchen Appliances Private Limited

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Subsidiaries & Group Companies of Preethi Kitchen Appliances Private Limited

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GST Compliance of Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
9
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAFCP8830K1ZZMaharashtraActive01 Jul 2017
21AAFCP8830K1ZBOdishaActive01 Jul 2017
24AAFCP8830K1Z5GujaratActive01 Jul 2017
29AAFCP8830K1ZVKarnatakaActive01 Jul 2017
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MCA Filings & Documents of Preethi Kitchen Appliances Private Limited

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Frequently Asked Questions about Preethi Kitchen Appliances Private Limited

Preethi Kitchen Appliances has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Preethi Kitchen Appliances was a private limited company based in Mumbai, Maharashtra, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 21 February 2011 and is registered under CIN U36993MH2011PTC213827. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Preethi Kitchen Appliances was incorporated on 21 February 2011. It is registered with the Registrar of Companies, Mumbai.

Preethi Kitchen Appliances had 4 directors and KMP:

The CIN (Corporate Identification Number) of Preethi Kitchen Appliances is U36993MH2011PTC213827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Preethi Kitchen Appliances is at Raheja Platinum Sag Baug Road Off Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.

Preethi Kitchen Appliances can be reached through the website preethi.in. Its registered office is in Mumbai, Maharashtra, India.

Preethi Kitchen Appliances reported revenue of ₹768.88 Cr for FY 2021 (up 12% YoY).

Preethi Kitchen Appliances has an authorised share capital of ₹131.05 Cr and a paid-up capital of ₹95.19 Cr.

Preethi Kitchen Appliances reported a net profit of ₹68.59 Cr (net margin 8.9%) and EBITDA of ₹99.93 Cr (EBITDA margin 13%) for FY 2021, as per its filed financial statements.

The GSTIN of Preethi Kitchen Appliances is 27AAFCP8830K1ZZ, registered in Maharashtra. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 21AAFCP8830K1ZB (Odisha), 24AAFCP8830K1Z5 (Gujarat), 29AAFCP8830K1ZV (Karnataka).

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