MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0055241
Sowcar Electricals Private Limited
Sowcar Electricals Private Limited - consumer electronics & durables in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹6.34 Cr
▼ 8% YoY
Net loss · FY 2022
₹1.16 Cr
Net margin -18.3%
EBITDA · FY 2022
-₹81.46 Lakh
EBITDA margin -12.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Open charges
₹1.14 Cr
Satisfied ₹80 Lakh
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Sowcar Electricals Private Limited
Data last updated:
Sowcar Electricals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52602TN2005PTC058097. Its GSTIN is 33AAJCS5395J1ZV (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Ramdass Kaushik and Swetha Parekh.
Its last annual general meeting (AGM) was held on 26 October 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No.1 Vgp Dr.Vimala Nagarno.13 14 15 Velachery Main Roa Medavakkam, Chennai, Tamil Nadu, India – 601302.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.34 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr (net margin -18.3%) and EBITDA of -₹81.46 Lakh (EBITDA margin -12.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1.14 Cr and satisfied charges of ₹80 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
Sowcar Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0055241). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U52602TN2005PTC058097
Registration Number 058097
Incorporation Date 23 November 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 October 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0055241
Key People
Ramdass Kaushik Director Swetha Parekh Director Recognitions & Rankings of Sowcar Electricals
Contact details
Sowcar Electricals Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.1 Vgp Dr.Vimala Nagarno.13 14 15 Velachery Main Roa Medavakkam, Chennai, Tamil Nadu, India – 601302
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sowcar Electricals Private Limited, buy the company report.
Comprehensive company report
Sowcar Electricals 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 Sowcar Electricals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sowcar Electricals Private Limited, buy the company report.
Financials of Sowcar Electricals Private Limited
FY 2022 filings availableSowcar Electricals Private Limited reported revenue of ₹6.34 Cr (down 8% YoY) for FY 2022.
Revenue · FY 2022
₹6.34 Cr ▼ 8%
Net loss · FY 2022
₹1.16 Cr margin -18.3%
EBITDA · FY 2022
-₹81.46 Lakh margin -12.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 8%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 745%
3 years · compounded
▼ 81%
5 years · compounded
▼ 37%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 8% fall in the latest year. EBITDA fell 745% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.34 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹81.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.16 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.9% | ||||
| Net Profit Margin | -18.3% | ||||
| 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 Sowcar Electricals Private Limited, buy the company report.
Board of directors of Sowcar Electricals Private Limited
Sowcar Electricals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramdass Kaushik | Director | 23 Nov 2005 | 20 Years 11 Months | Current |
| Swetha Parekh | Director | 23 Nov 2005 | 20 Years 11 Months | Current |
Peer comparison
Sowcar Electricals Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tokai Electronics India Private Limited | ₹6.35 Cr (FY 2025) | 160.0% | Gurgaon, Haryana, India | |||
| Sunanda Solar Energy Private Limited | ₹6.34 Cr (FY 2023) | 233.0% | Burhanpur, Madhya Pradesh, India | |||
| Sowcar Electricals Private Limitedthis company | ₹6.34 Cr (FY 2022) | -₹1.16 Cr | -18.3% | -8.0% | Chennai, Tamil Nadu, India | |
| Excellence Multiservices Private Limited | ₹6.33 Cr (FY 2025) | 45.0% | Delhi, India |
To see the full peer comparison of Sowcar Electricals Private Limited, buy the company report.
Auditor
Sowcar Electricals Private Limited is audited by P S D Y & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S D Y & ASSOCIATES | FY 2022 | 010625S |
Shareholding
The shareholding of Sowcar Electricals Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sowcar Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.14 Cr
Satisfied charges
₹80 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2019 | 100327585 | Others | ₹1.14 Cr | Open | |
| 02 Mar 2012 | 10342451 | Axis Bank Limited | ₹80 Lakh | Satisfied |
To see the full charge records of Sowcar Electricals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sowcar Electricals Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chengalpattu, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Indusind Bank Limited | Disposed |
| District court, Chengalpattu, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Authum Investment and Infrastructure Limited Erstwhile Reliance Commercial Finance Limited and 1 other | Disposed |
To see the full case history of Sowcar Electricals 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sowcar Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sowcar Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS5395J1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sowcar Electricals Private Limited, buy the company report.
Recent activity
Sowcar Electricals Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Ramdassbhai Madhubalaben ceased to be Director on 04 Apr 2019.
AGM
Sowcar Electricals Private Limited last Annual general meeting of members was held on 26 Oct 2022 as per latest MCA records.
Filing
Sowcar Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Charges
A charge with Others of Rs. 114.00 Lakh registered on 30 Dec 2019 with Charge ID 100327585 was modified on 25 Jan 2022.
Charges
A charge registered on 02 Mar 2012 via Charge ID 10342451 with Axis Bank Limited was fully satisfied on 04 Mar 2020.
Charges
A charge with Others amounted to Rs. 114.00 Lakh with Charge ID 100327585 was registered on 30 Dec 2019.
Ceased
Ramdassbhai Madhubalaben ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 80.00 Lakh registered on 02 Mar 2012 with Charge ID 10342451 was modified on 23 Jun 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 80.00 Lakh with Charge ID 10342451 was registered on 02 Mar 2012.
Appointed
Ramdass Kaushik was appointed as Director.
Appointed
Swetha Parekh was appointed as Director.
Incorporation
23 Nov 2005
Sowcar Electricals Private Limited was registered on 23 Nov 2005 with Roc Chennai & aged 20 years 11 months as per MCA records.
Frequently asked questions
Sowcar Electricals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 November 2005 (21+ years old) and is registered under CIN U52602TN2005PTC058097.
Sowcar Electricals has 2 current directors:
- Ramdass Kaushik - Director
- Swetha Parekh - Director
The latest financial statements of Sowcar Electricals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 October 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sowcar Electricals is 33AAJCS5395J1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sowcar Electricals is U52602TN2005PTC058097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sowcar Electricals has 3 court cases on record: 3 filed against it.
Sowcar Electricals was incorporated on 23 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sowcar Electricals by revenue are Tokai Electronics India Private Limited, Sunanda Solar Energy Private Limited, Excellence Multiservices Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Ramdassbhai Madhubalaben ceased to be Director on 04 Apr 2019. Ramdass Kaushik was appointed as Director on 23 Nov 2005. Swetha Parekh was appointed as Director on 23 Nov 2005.
Yes, Sowcar Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0055241).
The registered office of Sowcar Electricals is at Plot No.1 Vgp Dr.Vimala Nagarno.13 14 15 Velachery Main Roa Medavakkam, Chennai, Tamil Nadu, India – 601302.