Satelite Energy Systems Pvt Ltd
About Satelite Energy Systems Pvt Ltd
Data last updated:
Satelite Energy Systems Pvt Ltd was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the accumulators segment of the electrical equipment sector. It was incorporated on 01 September 1984.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31400MH1984PTC033908. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.5 Lakh. It was led by directors Paras Gupta and Harbans Lal Buttan.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 23 – C Mittal Towers 10th Floor Nariman Point, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2017, the company reported a revenue of ₹11,202, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹4,727 (net margin 42.2%) and EBITDA of ₹4,877 (EBITDA margin 43.5%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years.
As per MCA filings, the company had satisfied charges of ₹12.8 Lakh on record.
Company details
Contact details
Satelite Energy Systems Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23 – C Mittal Towers 10th Floor Nariman Point, Mumbai, Maharashtra, India – 400028
- IndustryElectrical, Accumulators, Primary Cells & Primary Batteries, Manufacturing
To see the full contact details of Satelite Energy Systems Pvt Ltd, 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
Financials of Satelite Energy Systems Pvt Ltd
FY 2017 filings availableSatelite Energy Systems Pvt Ltd reported revenue of ₹11,202 (up 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 49%. EBITDA rose 4% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11,202 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4,877 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4,727 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 43.5% | ||
| Net Profit Margin | 42.2% | ||
| 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 Satelite Energy Systems Pvt Ltd, buy the company report.
Board of directors of Satelite Energy Systems Pvt Ltd
Satelite Energy Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Gupta Also directs: Soby Travels Private Limited | Director | 14 Jul 2005 | 21 Years 3 Months | As last reported |
| Harbans Lal Buttan | Director | 14 Jul 2003 | 23 Years 3 Months | As last reported |
Auditor
Satelite Energy Systems Pvt Ltd is audited by V.K.BAJAJ & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K.BAJAJ & CO. | FY 2017 | 002926N |
Shareholding
The shareholding of Satelite Energy Systems Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Satelite Energy Systems Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2010 | 10249824 | Bank of India | ₹6.9 Lakh | Satisfied | |
| 22 Feb 2010 | 10206584 | Bank of India | ₹5.9 Lakh | Satisfied |
To see the full charge records of Satelite Energy Systems Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Satelite Energy Systems Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Satelite Energy Systems Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satelite Energy Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Satelite Energy Systems Pvt Ltd, buy the company report.
Recent activity
Satelite Energy Systems Pvt Ltd has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Surjan Singh Kushwaha ceased to be Director on 29 Jan 2014.
Frequently asked questions
Satelite Energy Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Satelite Energy Systems was a private limited company based in Mumbai, Maharashtra, India. The company worked in accumulators, within the electrical industry. It was incorporated on 01 September 1984 and is registered under CIN U31400MH1984PTC033908. The company has been struck off by the Registrar of Companies and is no longer operational.
Satelite Energy Systems had 2 directors:
- Paras Gupta - Director
- Harbans Lal Buttan - Director
The CIN (Corporate Identification Number) of Satelite Energy Systems is U31400MH1984PTC033908. 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 Satelite Energy Systems is at 23 – C Mittal Towers 10th Floor Nariman Point, Mumbai, Maharashtra, India – 400028.
Satelite Energy Systems was incorporated on 01 September 1984. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Satelite Energy Systems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Satelite Energy Systems has 1 GST registration on record and it is cancelled or inactive.
Satelite Energy Systems operated in the electrical industry, in the accumulators segment. It worked in this industry before it was struck off.
Surjan Singh Kushwaha ceased to be Director on 29 Jan 2014. Paras Gupta was appointed as Director on 14 Jul 2005. Harbans Lal Buttan was appointed as Director on 14 Jul 2003.