About Starlite Components Limited
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Starlite Components Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 13 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L31200MH1991PLC063980. Its GSTIN is 27AAECS5086K2ZU (Maharashtra). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (517548) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹17.1 Cr. It is led by directors including Mahesh Bhagwandas Bakliwal and Prabhu Shankarappa Biradar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. F – 108 MIDC Area Satpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.77 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹5.59 Lakh (net margin -1.2%) and EBITDA of -₹2.67 Lakh (EBITDA margin -0.6%).
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Starlite Components. As per MCA filings, the company has open charges of ₹4.2 Cr and satisfied charges of ₹3.05 Cr on record. Court records list 43 cases involving the company, including 18 filed by the company and 25 filed against it; 13 cases are pending. The company has 41 deals on record (41 market trades); the latest was in December 2021. Its 3 peer companies 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) are compared by revenue, 1 larger and 2 smaller; the largest is Kanha Electronics Private Limited with revenue of ₹4.79 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 starlitecomponents.com.
Company details
Contact details
Starlite Components Limited's registered office is in Nashik, Maharashtra. Its website is starlitecomponents.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No. F – 108 MIDC Area Satpur, Nashik, Maharashtra, India – 422007
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Starlite Components Limited, 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
Brands
Starlite Components operates one associated brand: Starlite Components. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lighting products and components manufacturer | starlitecomponents.com |
Business activity
The main business activity of Starlite Components 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 Starlite Components Limited, buy the company report.
Financials of Starlite Components Limited
FY 2025 filings availableStarlite Components Limited reported revenue of ₹4.77 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 51% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.59 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | -1.2% | ||||
| 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 Starlite Components Limited, buy the company report.
Board of directors of Starlite Components Limited
Starlite Components has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Bhagwandas Bakliwal Also directs: Solar Copyer Limited, Paragon Plastics Private Limited | Additional Director | 26 Dec 2024 | 1 Years 10 Months | Current |
| Prabhu Shankarappa Biradar Also directs: Solar Copyer Limited | Additional Director | 26 Dec 2024 | 1 Years 10 Months | Current |
| Mohit Gurnani Also directs: Moxsh Overseas Educon Limited, Bogmallo Enterprises Limited | Additional Director | 26 Dec 2024 | 1 Years 10 Months | Current |
| Simoli Kalpesh Raval Also directs: Vandan Foods Limited, Shyamkamal Investments Limited, Bharat Global Developers Limited and 3 more | Additional Director | 26 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Starlite Components Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Kanha Electronics Private Limited | ₹4.79 Cr (FY 2024) | 25.0% | Jaipur, Rajasthan, India | |||
| Starlite Components Limitedthis company | ₹4.77 Cr (FY 2025) | -₹5.59 Lakh | -1.2% | 51.0% | 14 | Nashik, Maharashtra, India |
| Energysafe Ventures Private Limited | ₹4.75 Cr (FY 2025) | 51.0% | Roorkee, Uttarakhand, India | |||
| Balaji Autoparts Private Limited | ₹4.74 Cr (FY 2023) | 14.0% | Bhiwadi, Rajasthan, India |
To see the full peer comparison of Starlite Components Limited, buy the company report.
Auditor
Starlite Components Limited is audited by JAIN CHHAJED & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN CHHAJED & ASSOCIATES | FY 2019 | 127911W |
Shareholding
The shareholding of Starlite Components Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Starlite Components Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 1996 | 80064193 | Others | ₹4.2 Cr | Open | |
| 23 Mar 1998 | 80064190 | The Nashik Pepole'S Co-Op Bank Ltd | ₹1.25 Cr | Satisfied | |
| 29 Mar 1996 | 80064192 | Maharashtra State Financial Corporation (Msfc) | ₹1.8 Cr | Satisfied |
To see the full charge records of Starlite Components Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Starlite Components Limited has 41 deals on record (41 market trades); the latest was in December 2021.
Deals on record (5 of 41)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Market trade | ₹5.9 Lakh | Buyer: an individual Seller: Varada Trading Private Limited |
| Jul 2019 | Market trade | ₹20.9 Lakh | Buyer: an individual Seller: Arcadia Share and Stock Brokers Private Limited |
| Jun 2018 | Market trade | ₹1.2 Cr | Buyer: Florence Securities Private Limited , an individual Seller: Mohur Investment And Consultancy Pvt Ltd |
| Dec 2017 | Market trade | ₹2.83 Cr | Buyer: Odyssey Corporation Limited , an individual Seller: Odyssey Corporation Limited , an individual |
| Dec 2017 | Market trade | ₹6.26 Cr | Buyer: Arcadia Share and Stock Brokers Private Limited , 2 individuals Seller: Arcadia Share and Stock Brokers Private Limited , an individual |
To see the full deal history of Starlite Components Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Starlite Components Limited has 43 court cases on record: 18 filed by Starlite Components, 25 filed against it. 13 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 10 | 9 |
| District courts | 15 | 14 | 4 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Echo Consultants Private Limited | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Market Creators Limited | Pending |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by Market Creators Limited,Thro' Rashmikant Acharya, Director | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by Echo Consultants Private Ltd. Rashmikant Acharya, Director | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Market Creators Limited | Disposed |
To see the full case history of Starlite Components 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 Starlite Components Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Starlite Components Limited has a workforce of 14 employees on its EPFO records as of Aug 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 14 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Starlite Components Limited, buy the company report.
GST
Starlite Components has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS5086K2ZU | Maharashtra | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Starlite Components Limited, buy the company report.
Recent activity
Starlite Components Limited has 24 board changes on record since 1991: 14 appointments and 10 cessations. The latest: Anand Pralhad Sapkal ceased to be Director on 26 Dec 2024.
21 earlier events are in the company report.
News
Frequently asked questions
Starlite Components is an active public limited company based in Nashik, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 13 November 1991 (35+ years old) and is registered under CIN L31200MH1991PLC063980.
Starlite Components has 4 current directors:
- Mahesh Bhagwandas Bakliwal - Additional Director
- Prabhu Shankarappa Biradar - Additional Director
- Mohit Gurnani - Additional Director
- Simoli Kalpesh Raval - Additional Director
The latest financial statements of Starlite Components on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Starlite Components is 27AAECS5086K2ZU, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Starlite Components is L31200MH1991PLC063980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starlite Components is recorded as a listed company by MCA, but trading in its shares on BSE (517548) has been suspended, so they do not currently trade on a stock exchange.
Starlite Components has 43 court cases on record: 18 filed by the company and 25 filed against it. 13 are pending. Most are in the high courts.
Starlite Components was incorporated on 13 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Starlite Components has 41 deals on record (41 market trades); the latest was in December 2021.
The peers of Starlite Components by revenue are Kanha Electronics Private Limited, Energysafe Ventures Private Limited, Balaji Autoparts Private Limited, 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).
Anand Pralhad Sapkal ceased to be Director on 26 Dec 2024. Arvind Subhashchandra Bharati ceased to be Managing Director on 26 Dec 2024. Mahesh Bhagwandas Bakliwal was appointed as Additional Director on 26 Dec 2024. Starlite Components has 24 board changes on record in total.
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