About Sourcewell Devices Private Limited
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Sourcewell Devices Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1996PTC097389. Its GSTIN is 27AAACE1464B1Z6 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹89.53 Lakh. It was formerly known as Emaar Impex Private Limited. It is led by directors including Kalpesh Madanraj Jain (Whole-Time Director) and Bharatkumar Madanraj Jain (Whole-Time Director).
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 302/303 Diamond Plaza 391 Dr. D. B. Marg Lamington Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.56 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 5.4%) and EBITDA of ₹2.84 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹1.65 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹8.1 Lakh; the latest was in April 2007. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Punarvi Energies Limited with revenue of ₹31.86 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 sourcewell.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address302/303 Diamond Plaza 391 Dr. D. B. Marg Lamington Road, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Sourcewell Devices Private Limited
The main business activity of Sourcewell Devices is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sourcewell Devices Private Limited FY 2024 filings available
Sourcewell Devices Private Limited reported revenue of ₹31.56 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sourcewell Devices Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 17% 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 of Sourcewell Devices Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.72 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 of Sourcewell Devices Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sourcewell Devices are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sourcewell Devices Private Limited
Sourcewell Devices Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Punarvi Energies Limited | ₹31.86 Cr (FY 2025) | •••• | •••• | 316.0% | •••• | Tirumalagiri, Telangana, India |
| Cel Trading and Agencies Private Limited | ₹31.84 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Cochin, Kerala, India |
| Spi Engineers Pvt Ltd | ₹31.75 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Newdelhi, Delhi, India |
| Solarone Enterprises HR Private Limited | ₹31.72 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Sirsa, Haryana, India |
| Heera Panna Communications Private Limied | ₹31.59 Cr (FY 2023) | •••• | •••• | 32.0% | •••• | Kolhapur, Maharashtra, India |
| Sourcewell Devices Private Limited this company | ₹31.56 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Keemat Telecommerce Private Limited | ₹31.54 Cr (FY 2025) | •••• | •••• | 388.0% | •••• | New Delhi, Delhi, India |
| Diviniti Enterprises India Private Limited | ₹31.48 Cr (FY 2024) | •••• | •••• | 319.0% | •••• | Banjara Hills, Telangana, India |
| Skyvg Digital Private Limited | ₹31.45 Cr (FY 2020) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Solidus Techno Power Private Limited | ₹31.44 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Patiala, Punjab, India |
| Jai Durga Telecom Private Limited | ₹31.44 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Moga, Punjab, India |
Peers are the five companies nearest above and the five nearest below Sourcewell Devices by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sourcewell Devices Private Limited
Sourcewell Devices Private Limited is audited by FALOD AND MAHESHWARI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| FALOD AND MAHESHWARI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sourcewell Devices Private Limited
Sourcewell Devices has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Madanraj Jain Also directs: Bhadra Electronics Private Limited | Whole-Time Director | 16 Feb 1996 | 30 Years 7 Months | Current |
| Bharatkumar Madanraj Jain Also directs: Bhadra Electronics Private Limited | Whole-Time Director | 01 May 2004 | 22 Years 5 Months | Current |
| Sanjay Madanraj Jain Also directs: Bhadra Electronics Private Limited | Whole-Time Director | 16 Feb 1996 | 30 Years 7 Months | Current |
Ownership and Shareholding of Sourcewell Devices Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sourcewell Devices Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2020 | Others | ₹3 Cr | Open |
| 14 Feb 2005 | Others | ₹1.65 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Sourcewell Devices Private Limited
Sourcewell Devices Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹8.1 Lakh; the latest was in April 2007.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2007 | Funding round | ₹8.1 Lakh | Investors: Bhadra Electronics Private Limited , an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sourcewell Devices Private Limited
Sourcewell Devices Private Limited has 5 court cases on record: 3 filed by Sourcewell Devices, 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO (COMM)) | Filed by the company against Emaar India Limited | Disposed |
| High Court of Delhi | Court case (FAO-IPD) | Filed by the company against Emaar India Limited | Disposed |
| High Court of Delhi | Appeal | Filed by the company against Emaar India Limited | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Emaar India Limited | Disposed |
| District court, New Delhi, Delhi | Interim or miscellaneous application | Filed against the company by Emaar India Limited | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sourcewell Devices Private Limited
Employment history and EPFO contributions of people linked to Sourcewell Devices.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sourcewell Devices Private Limited
Sourcewell Devices Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Bharatkumar Madanraj Jain was appointed as Whole-Time Director on 01 May 2004.
Credit Ratings, Litigation & Regulatory Alerts for Sourcewell Devices Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sourcewell Devices Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sourcewell Devices Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sourcewell Devices Private Limited
Sourcewell Devices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE1464B1Z6 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sourcewell Devices Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sourcewell Devices Private Limited
Sourcewell Devices is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 February 1996 (30+ years old) and is registered under CIN U51900MH1996PTC097389.
Sourcewell Devices reported revenue of ₹31.56 Cr for FY 2024 (down 5% YoY).
Sourcewell Devices has 3 current directors:
- Kalpesh Madanraj Jain - Whole-Time Director
- Bharatkumar Madanraj Jain - Whole-Time Director
- Sanjay Madanraj Jain - Whole-Time Director
Sourcewell Devices reported a net profit of ₹1.72 Cr (net margin 5.4%) and EBITDA of ₹2.84 Cr (EBITDA margin 9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sourcewell Devices is 15% over three years and 17% over five years. In the latest year (FY 2024) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sourcewell Devices is 27AAACE1464B1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sourcewell Devices is U51900MH1996PTC097389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sourcewell Devices has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.
Sourcewell Devices was incorporated on 16 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Sourcewell Devices has 1 deal on record (1 funding round), with disclosed funding of ₹8.1 Lakh; the latest was in April 2007.
The peers of Sourcewell Devices by revenue are Punarvi Energies Limited, Cel Trading and Agencies Private Limited, Spi Engineers Pvt Ltd, Solarone Enterprises HR Private Limited, Heera Panna Communications Private Limied and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).