Samudra Electronic System Private Limited

Samudra Electronic System Private Limited - consumer electronics & durables in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U32106PN1987PTC043028 Incorporated 30 March 1987 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2024
₹29.18 Cr
▲ 66% YoY
Net profit · FY 2024
₹8.95 Cr
Net margin 30.7%
EBITDA · FY 2024
₹19.42 Cr
EBITDA margin 66.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹99 Lakh
Issued & subscribed
Open charges
₹78.55 Cr
Satisfied ₹42.35 Cr
Company age
39 yrs
Est. 1987
Directors on board
2
As per MCA filings

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 U32106PN1987PTC043028
Registration Number 043028
Incorporation Date 30 March 1987
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0077983

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.

CINStatus
U32106PN1987PTC043028Current
U32106MH1987PTC043028Previous

Recognitions & Rankings of Samudra Electronic System

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-MH-26-0077983

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
  • Registered Address
    Unit No 12 Type II Electronicsadan 2 Plot No 73 MIDC Bhosari, Pune, Maharashtra, India – 411026
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Samudra Electronic System Private Limited, buy the company report.

Comprehensive company report
Samudra Electronic System Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Brands

Samudra Electronic System operates one associated brand: Samudra Electronic System. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical 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 available

Samudra Electronic System Private Limited reported revenue of ₹29.18 Cr (up 66% YoY) for FY 2024.

Revenue · FY 2024
₹29.18 Cr ▲ 66%
Net profit · FY 2024
₹8.95 Cr margin 30.7%
EBITDA · FY 2024
₹19.42 Cr margin 66.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 30%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 164%
3 years · compounded
▲ 81%
5 years · compounded
▲ 17%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹19.42 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.95 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin66.6%
Net Profit Margin30.7%
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 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.

Current Directors

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr30.7%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 firmFinancial yearFirm registration number
R. R. Pethe & Co.FY 2023113183-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 categoryFY 2022FY 2021FY 2020FY 2019FY 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

Open charges
₹78.55 Cr
Satisfied charges
₹42.35 Cr
Breakdown by lending institutions
Others₹53.93 Cr
State Bank of India₹24.62 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Jan 2025101040632Others₹24.62 CrOpen
03 Oct 2024100994099State Bank of India₹24.62 CrOpen
12 Apr 2024100913558Others₹1.5 CrOpen
29 Dec 2021100526843Others₹2.48 CrOpen
01 Feb 2021100448371Others₹35 LakhOpen

To see the full charge records of Samudra Electronic System Private Limited, buy the company report.

Total charge records: 13 View all charges

Credit ratings & regulatory alerts

Samudra Electronic System Private Limited was last rated by Care on 04 Apr 2023.

Rating agencyRated onRating
Care04 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.

1
Associated companies

GST

Samudra Electronic System has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AACCS6033L1Z6MaharashtraActive01 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.

Charges
A charge with Others amounted to Rs. 24.62 Cr with Charge ID 101040632 was registered on 10 Jan 2025.
Charges
A charge registered on 19 Jul 2023 via Charge ID 100760198 with Others was fully satisfied on 14 Oct 2024.
Charges
A charge with State Bank Of India amounted to Rs. 24.62 Cr with Charge ID 100994099 was registered on 03 Oct 2024.
AGM
Samudra Electronic System Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100913558 was registered on 12 Apr 2024.
Filing
Samudra Electronic System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100760198 was registered on 19 Jul 2023.
Charges
A charge with Others amounted to Rs. 2.48 Cr with Charge ID 100526843 was registered on 29 Dec 2021.
Charges
A charge with Others of Rs. 24.98 Cr registered on 14 Mar 2014 with Charge ID 10508061 was modified on 17 May 2021.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100448371 was registered on 01 Feb 2021.
Ceased
Madhusudhan Palasseri Menon ceased to be Director.
Ceased
Rajan Somnath Gulgule ceased to be Director.

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:

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.