- Category
- Small (2022-23)
- Udyam number
- UDYAM-MH-26-0077983

About Samudra Electronic System Private Limited
Data last updated:
Samudra Electronic System Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 30 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32106PN1987PTC043028. Its GSTIN is 27AACCS6033L1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹99 Lakh. It is led by directors Prafulla Madhukar Thote (Managing Director) and Yamini Prafulla Thote.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No 12 Type II Electronicsadan 2 Plot No 73 MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.18 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹8.95 Cr (net margin 30.7%) and EBITDA of ₹19.42 Cr (EBITDA margin 66.6%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 3% over five years.
The company is associated with 1 brand: Samudra Electronic System. As per MCA filings, the company has open charges of ₹78.55 Cr and satisfied charges of ₹42.35 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Samudra Electronic System Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0077983). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website samudraled.com.
Company details
CIN history
Samudra Electronic System has one previous CIN (Corporate Identification Number): U32106MH1987PTC043028. The current CIN is U32106PN1987PTC043028, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32106PN1987PTC043028 | Current |
| U32106MH1987PTC043028 | Previous |
Recognitions & Rankings of Samudra Electronic System
Contact details
Samudra Electronic System Private Limited's registered office is in Pune, Maharashtra. Its website is samudraled.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 12 Type II Electronicsadan 2 Plot No 73 MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Samudra Electronic System 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
Samudra Electronic System operates one associated brand: Samudra Electronic System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting and energy efficiency solutions in India. | samudraled.com |
Business activity
The main business activity of Samudra Electronic System 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 Samudra Electronic System Private Limited, buy the company report.
Financials of Samudra Electronic System Private Limited
FY 2024 filings availableSamudra Electronic System Private Limited reported revenue of ₹29.18 Cr (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 164% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.42 Cr | ||||
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| Net Profit (PAT) | ₹8.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.6% | ||||
| Net Profit Margin | 30.7% | ||||
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To see the full financial statements and ratios of Samudra Electronic System Private Limited, buy the company report.
Board of directors of Samudra Electronic System Private Limited
Samudra Electronic System has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yamini Prafulla Thote | Director | 21 Jan 2012 | 14 Years 9 Months | Current |
| Prafulla Madhukar Thote | Managing Director | 30 Mar 1987 | 39 Years 7 Months | Current |
Peer comparison
Samudra Electronic System 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 |
|---|---|---|---|---|---|---|
| Mindra EV Private Limited | ₹29.28 Cr (FY 2024) | 463.0% | Ahmedabad, Gujarat, India | |||
| Neuation Technologies Private Limited | ₹29.24 Cr (FY 2021) | 43.0% | Kalol, Gujarat, India | |||
| Europlak SV Cucine India Limited | ₹29.19 Cr (FY 2025) | 25.0% | Pune, Maharashtra, India | |||
| Samudra Electronic System Private Limitedthis company | ₹29.18 Cr (FY 2024) | ₹8.95 Cr | 30.7% | 66.0% | Pune, Maharashtra, India | |
| Modern Electrofab Private Limited | ₹29.1 Cr (FY 2024) | 60.0% | Delhi, India | |||
| Switch-On Industries Private Limited | ₹29.06 Cr (FY 2024) | 225.0% | Vasai, Maharashtra, India | |||
| Videomax International Private Limited | ₹29 Cr (FY 2024) | -8.0% | Delhi, India |
To see the full peer comparison of Samudra Electronic System Private Limited, buy the company report.
Auditor
Samudra Electronic System Private Limited is audited by R. R. Pethe & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. R. Pethe & Co. | FY 2023 | 113183-W |
Shareholding
The shareholding of Samudra Electronic System Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Samudra Electronic System Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2025 | 101040632 | Others | ₹24.62 Cr | Open | |
| 03 Oct 2024 | 100994099 | State Bank of India | ₹24.62 Cr | Open | |
| 12 Apr 2024 | 100913558 | Others | ₹1.5 Cr | Open | |
| 29 Dec 2021 | 100526843 | Others | ₹2.48 Cr | Open | |
| 01 Feb 2021 | 100448371 | Others | ₹35 Lakh | Open |
To see the full charge records of Samudra Electronic System Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Samudra Electronic System Private Limited has 4 court cases on record: 1 filed by Samudra Electronic System, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Review Appln. ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Samudra Electronic System 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
Samudra Electronic System Private Limited was last rated by Care on 04 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Apr 2023 |
To see the full credit ratings and regulatory alerts of Samudra Electronic System Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Samudra Electronic System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Samudra Electronic System has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Samudra Electronic System has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS6033L1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Samudra Electronic System Private Limited, buy the company report.
Recent activity
Samudra Electronic System Private Limited has 8 board changes on record since 1987: 2 appointments and 6 cessations. The latest: Madhusudhan Palasseri Menon ceased to be Director on 25 Jul 2019.
23 earlier events are in the company report.
Frequently asked questions
Samudra Electronic System is an active private limited company based in Pune, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 30 March 1987 (39+ years old) and is registered under CIN U32106PN1987PTC043028.
Samudra Electronic System has 2 current directors:
- Prafulla Madhukar Thote - Managing Director
- Yamini Prafulla Thote - Director
The latest financial statements of Samudra Electronic System on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Samudra Electronic System is 27AACCS6033L1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Samudra Electronic System is U32106PN1987PTC043028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samudra Electronic System has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Samudra Electronic System was incorporated on 30 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Samudra Electronic System by revenue are Mindra EV Private Limited, Neuation Technologies Private Limited, Europlak SV Cucine India Limited, Modern Electrofab Private Limited, Switch-On Industries 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).
Madhusudhan Palasseri Menon ceased to be Director on 25 Jul 2019. Rajan Somnath Gulgule ceased to be Director on 06 Nov 2016. Manoj Gobind Samtani ceased to be Additional Director on 30 Sep 2016. Samudra Electronic System has 8 board changes on record in total.
Yes, Samudra Electronic System is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0077983).
Samudra Electronic System can be reached through the website samudraled.com. Its registered office is in Pune, Maharashtra, India.

