About Radhika Opto Electronics Limited
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Radhika Opto Electronics Limited is a public 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 22 August 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1984PLC033812. Its GSTIN is 27AAACK0761H3ZO (Maharashtra). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹54.22 Cr and a paid-up capital of ₹44.02 Cr. It was formerly known as Kelin Electricals Pvt Ltd. It is led by directors including Amit Sureshkumar Khandelwal (Managing Director) and Sureshkumar Ramniwas Khandelwal (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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,008.16 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹23.43 Cr (net margin -2.3%) and EBITDA of ₹55.8 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 25% over five years.
The company is associated with 1 brand: Radhika Opto Electronics. As per MCA filings, the company has open charges of ₹470.12 Cr and satisfied charges of ₹143.02 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹259.05 Cr; the latest was in October 2023. Its 3 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, 1 larger and 2 smaller; the largest is Franke Faber India Private Limited with revenue of ₹1,033.29 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 radhikaled.com.
Company details
Contact details
Radhika Opto Electronics Limited's registered office is in Mumbai, Maharashtra. Its website is radhikaled.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address223 Adhyaru Industrial Estate Sun Mill Compound, Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Radhika Opto Electronics 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
Radhika Opto Electronics operates one associated brand: Radhika Opto Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting systems including bulbs and panels are manufactured. | radhikaled.com |
Business activity
The main business activity of Radhika Opto Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Radhika Opto Electronics Limited, buy the company report.
Financials of Radhika Opto Electronics Limited
FY 2025 filings availableRadhika Opto Electronics Limited reported revenue of ₹1,008.16 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 5% growth in the latest year. EBITDA rose 3% 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 |
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| EBITDA | ₹55.8 Cr | ||||
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| Net Profit (PAT) | -₹23.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | -2.3% | ||||
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To see the full financial statements and ratios of Radhika Opto Electronics Limited, buy the company report.
Board of directors and KMP of Radhika Opto Electronics Limited
Radhika Opto Electronics Limited currently reports 5 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Sureshkumar Khandelwal Also directs: RK Global Extrusions LLP, Radhika Opto Electronics Private Limited | Managing Director | 14 Mar 1994 | 32 Years 7 Months | Current |
| Sureshkumar Ramniwas Khandelwal Also directs: Radhika Opto Electronics Private Limited | Whole-Time Director | 21 Jun 2010 | 16 Years 4 Months | Current |
| Seema Amit Khandelwal Also directs: Radhika Opto Electronics Private Limited | Director | 01 Feb 2016 | 10 Years 9 Months | Current |
| Gaurav Rajendra Luthra | Director | 09 Jan 2026 | 0 Years 9 Months | Current |
| Sneha Lalani Also directs: FLH Ventures LLP | Cfo | 15 Oct 2025 | 1 Years 0 Months | Current |
| Rajendra Gulabchand Nahar | Director Appointed In Casual Vacancy | 09 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Radhika Opto Electronics 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 (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 |
|---|---|---|---|---|---|---|
| Franke Faber India Private Limited | ₹1,033.29 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India | |||
| Radhika Opto Electronics Limitedthis company | ₹1,008.16 Cr (FY 2025) | -₹23.43 Cr | -2.3% | 5.0% | Mumbai, Maharashtra, India | |
| Avaada Electro Limited | ₹933.09 Cr (FY 2025) | 2986.0% | Noida, Uttar Pradesh, India | |||
| Genus Electrotech Limited | ₹906.78 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Radhika Opto Electronics Limited, buy the company report.
Auditor
Radhika Opto Electronics Limited is audited by SHAH & TAPARIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & TAPARIA | FY 2023 | 109463W |
Shareholding
The shareholding of Radhika Opto Electronics 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 Radhika Opto Electronics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2025 | 101158126 | Others | ₹44.25 Lakh | Open | |
| 01 Sep 2025 | 101159953 | Idbi Trusteeship Services Limited | ₹48.36 Cr | Open | |
| 31 Aug 2025 | 101157930 | Others | ₹19.03 Lakh | Open | |
| 31 Aug 2025 | 101158239 | Others | ₹15.38 Lakh | Open | |
| 30 Aug 2025 | 101157895 | Others | ₹19.03 Lakh | Open |
To see the full charge records of Radhika Opto Electronics Limited, buy the company report.
Total charge records: 76 View all charges
Deals & funding
Radhika Opto Electronics Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹259.05 Cr; the latest was in October 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Funding round · Pre-Series A | ₹110.43 Cr | Investors: 4 individuals |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: Sureshkumar Ramniwas Khandelwal (HUF), 3 individuals Seller: an individual |
| Nov 2022 | Rights issue | ₹5.03 Cr | Investors: 3 individuals |
| Oct 2016 | Funding round | ₹8.13 Cr | Investors: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
To see the full deal history of Radhika Opto Electronics 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
Radhika Opto Electronics Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Lumens Technologies Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Lumens Technologies Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Lumens Technologies Private Limited | Disposed |
| District court, Valsad, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Radhika Opto Electronics 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 Radhika Opto Electronics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Radhika Opto Electronics has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK0761H3ZO | Maharashtra | Active | 31 Aug 2017 |
| 26AAACK0761H1ZS | Daman & Diu | Active | 01 Aug 2020 |
| 24AAACK0761H1ZW | Gujarat | Active | 03 May 2021 |
| 09AAACK0761H2ZN | Uttar Pradesh | Active | 21 Aug 2024 |
To see the full GST registrations and return filing status of Radhika Opto Electronics Limited, buy the company report.
Recent activity
Radhika Opto Electronics Limited has 17 board changes on record since 1994: 11 appointments and 6 cessations. The latest: Swapnil Suresh Gandhi ceased to be Director on 03 Feb 2026.
119 earlier events are in the company report.
Frequently asked questions
Radhika Opto Electronics is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 22 August 1984 (42+ years old) and is registered under CIN U31200MH1984PLC033812.
Radhika Opto Electronics has 6 current directors and KMP:
- Amit Sureshkumar Khandelwal - Managing Director
- Sureshkumar Ramniwas Khandelwal - Whole-Time Director
- Seema Amit Khandelwal - Director
- Gaurav Rajendra Luthra - Director
- Rajendra Gulabchand Nahar - Director Appointed In Casual Vacancy
- Sneha Lalani - Cfo
The latest financial statements of Radhika Opto Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Radhika Opto Electronics is 27AAACK0761H3ZO, registered in Maharashtra. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 26AAACK0761H1ZS (Daman & Diu), 24AAACK0761H1ZW (Gujarat), 09AAACK0761H2ZN (Uttar Pradesh).
The CIN (Corporate Identification Number) of Radhika Opto Electronics is U31200MH1984PLC033812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radhika Opto Electronics has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the nclat.
Radhika Opto Electronics was incorporated on 22 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Radhika Opto Electronics has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹259.05 Cr; the latest was in October 2023.
The peers of Radhika Opto Electronics by revenue are Franke Faber India Private Limited, Avaada Electro Limited, Genus Electrotech Limited, 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).
Swapnil Suresh Gandhi ceased to be Director on 03 Feb 2026. Gaurav Rajendra Luthra was appointed as Director on 09 Jan 2026. Sneha Lalani was appointed as CFO on 15 Oct 2025. Radhika Opto Electronics has 17 board changes on record in total.
Radhika Opto Electronics can be reached through the website radhikaled.com. Its registered office is in Mumbai, Maharashtra, India.
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