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Shine Concepts Private Limited - consumer electronics & durables in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.93 Cr
▲ 34% YoY
Net profit · FY 2024
₹40.16 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹65.76 Lakh
EBITDA margin 5.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹89 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
5
As per MCA filings
About Shine Concepts Private Limited
Data last updated:
Shine Concepts Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 22 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2017PTC295167. Its GSTIN is 27AAYCS6913P1Z7 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Siya Yogesh Panjabi and Hemani Dinesh Panjabi.
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 Office No. 521 Lodha Supermus II Road No. 22 Wagle Estate Thane West, Maharashtra, India – 400601.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.93 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹40.16 Lakh (net margin 3.1%) and EBITDA of ₹65.76 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over five years.
As per MCA filings, the company has open charges of ₹89 Lakh on record.
Shine Concepts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0039823). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shineplusled.com.
Company details
CIN U31909MH2017PTC295167
Registration Number 295167
Incorporation Date 22 May 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-19-0039823
Key People
Siya Yogesh Panjabi Director Hemani Dinesh Panjabi Director Dinesh Prakash Panjabi Director Recognitions & Rankings of Shine Concepts
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0039823
Contact details
Shine Concepts Private Limited's registered office is in Thane, Maharashtra. Its website is shineplusled.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 521 Lodha Supermus II Road No. 22 Wagle Estate Thane West, Maharashtra, India – 400601
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Shine Concepts Private Limited, buy the company report.
Comprehensive company report
Shine Concepts 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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Business activity
The main business activity of Shine Concepts 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 Shine Concepts Private Limited, buy the company report.
Financials of Shine Concepts Private Limited
FY 2024 filings availableShine Concepts Private Limited reported revenue of ₹12.93 Cr (up 34% YoY) for FY 2024.
Revenue · FY 2024
₹12.93 Cr ▲ 34%
Net profit · FY 2024
₹40.16 Lakh margin 3.1%
EBITDA · FY 2024
₹65.76 Lakh margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 7%
5 years · compounded
▲ 73%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 34% growth in the latest year. EBITDA rose 7% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹65.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 5.1% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Shine Concepts Private Limited, buy the company report.
Board of directors of Shine Concepts Private Limited
Shine Concepts has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siya Yogesh Panjabi | Director | 07 Jul 2023 | 3 Years 3 Months | Current |
| Hemani Dinesh Panjabi | Director | 07 Jul 2023 | 3 Years 3 Months | Current |
| Dinesh Prakash Panjabi | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Prakash Dularam Panjabi | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Yogesh Prakash Panjabi | Director | 22 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Shine Concepts Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Bharti Industries Private Limited | ₹13.03 Cr (FY 2025) | 2628.0% | Agra, Uttar Pradesh, India | |||
| Innolia Energy Private Limited | ₹13 Cr (FY 2025) | -36.0% | Yadadri Bhuvanagiri, Telangana, India | |||
| Renovator Appliances Limited | ₹12.99 Cr (FY 2025) | 67.0% | Gautam Budha Nagar, Uttar Pradesh, India | |||
| Shine Concepts Private Limitedthis company | ₹12.93 Cr (FY 2024) | ₹40.16 Lakh | 3.1% | 34.0% | Thane, Maharashtra, India | |
| G.M. Conductors Private Ltd | ₹12.93 Cr (FY 2025) | 22.0% | Jaipur, Rajasthan, India | |||
| Jupro Industries Private Limited | ₹12.92 Cr (FY 2024) | 99.0% | Noida, Uttar Pradesh, India | |||
| Diplomat Electricals Private Limited | ₹12.92 Cr (FY 2019) | 13.0% | Pune, Maharashtra, India | |||
| Deus RRC Private Limited | ₹12.91 Cr (FY 2024) | 20.0% | Mumbai, Maharashtra, India | |||
| San Wood India Private Limited | ₹12.87 Cr (FY 2025) | 49.0% | Hisar, Haryana, India |
To see the full peer comparison of Shine Concepts Private Limited, buy the company report.
Auditor
Shine Concepts Private Limited is audited by V A DODEJA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A DODEJA & CO. | FY 2023 | 102676W |
Shareholding
The shareholding of Shine Concepts Private 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 Shine Concepts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹89 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2020 | 100341063 | Others | ₹89 Lakh | Open |
To see the full charge records of Shine Concepts Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shine Concepts Private Limited 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 Shine Concepts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shine Concepts has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS6913P1Z7 | Maharashtra | Active | 22 Sep 2017 |
To see the full GST registrations and return filing status of Shine Concepts Private Limited, buy the company report.
Recent activity
Shine Concepts Private Limited has 7 board changes on record since 2017: 5 appointments and 2 cessations. The latest: Hemani Dinesh Panjabi ceased to be Additional Director on 29 Sep 2023.
AGM
Shine Concepts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shine Concepts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Hemani Dinesh Panjabi ceased to be Additional Director.
Ceased
Siya Yogesh Panjabi ceased to be Additional Director.
Appointed
Hemani Dinesh Panjabi was appointed as Director.
Appointed
Siya Yogesh Panjabi was appointed as Director.
Charges
A charge with Others of Rs. 89.00 Lakh registered on 16 Jun 2020 with Charge ID 100341063 was modified on 20 Sep 2020.
Charges
A charge with Others amounted to Rs. 89.00 Lakh with Charge ID 100341063 was registered on 16 Jun 2020.
Appointed
Dinesh Prakash Panjabi was appointed as Director.
Appointed
Prakash Dularam Panjabi was appointed as Director.
Appointed
Yogesh Prakash Panjabi was appointed as Director.
Incorporation
22 May 2017
Shine Concepts Private Limited was registered on 22 May 2017 with Roc Mumbai & aged 9 years 5 months as per MCA records.
Frequently asked questions
Shine Concepts is an active private limited company based in Thane, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 22 May 2017 (9+ years old) and is registered under CIN U31909MH2017PTC295167.
Shine Concepts has 5 current directors:
- Siya Yogesh Panjabi - Director
- Hemani Dinesh Panjabi - Director
- Dinesh Prakash Panjabi - Director
- Prakash Dularam Panjabi - Director
- Yogesh Prakash Panjabi - Director
The latest financial statements of Shine Concepts 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 FY 2018 are in the company report.
The GSTIN of Shine Concepts is 27AAYCS6913P1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shine Concepts is U31909MH2017PTC295167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shine Concepts was incorporated on 22 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shine Concepts by revenue are Bharti Industries Private Limited, Innolia Energy Private Limited, Renovator Appliances Limited, G.M. Conductors Private Ltd, Jupro Industries Private Limited and 3 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).
Hemani Dinesh Panjabi ceased to be Additional Director on 29 Sep 2023. Siya Yogesh Panjabi ceased to be Additional Director on 29 Sep 2023. Hemani Dinesh Panjabi was appointed as Director on 07 Jul 2023. Shine Concepts has 7 board changes on record in total.
Yes, Shine Concepts is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Shine Concepts is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0039823).
Shine Concepts can be reached through the website shineplusled.com. Its registered office is in Thane, Maharashtra, India.