About Sturlite Electric Private Limited
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Sturlite Electric Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2020PTC133638. Its GSTIN is 27ABDCS6025N1ZZ (Maharashtra). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹3.47 Cr and a paid-up capital of ₹3.47 Cr. It is led by directors including Sanjaykumar Jain and Sandeep Kantilal.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kumara Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹471.46 Cr. For the same year it recorded a net profit of ₹27.81 Cr (net margin 5.9%) and EBITDA of ₹49.6 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Sturlite. As per MCA filings, the company has open charges of ₹244.84 Cr and satisfied charges of ₹54.8 Cr on record. Court records list 57 cases involving the company, including 56 filed by the company and 1 filed against it; 24 cases are pending. The company has 3 deals on record (1 convertible or debt financing, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.81 Cr; the latest was in July 2020. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger; the largest is Kairvam Electronics India Private Limited with revenue of ₹498.46 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 31 overdue payments to 22 micro and small suppliers.
For more details, the company can be reached via its website sturlite.com.
Company details
Contact details
Sturlite Electric Private Limited's registered office is in Bangalore, Karnataka. Its website is sturlite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#98 Regency 1st Floor Railway Paralell Road, Kumara Park West Bengaluru – 560020, Bangalore, Karnataka, India – 560020
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Sturlite Electric Private 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
Sturlite Electric operates one associated brand: Sturlite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying electrical products such as lighting, switchgear, and wires in India. | sturlite.com |
Business activity
The main business activity of Sturlite Electric 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 Sturlite Electric Private Limited, buy the company report.
Financials of Sturlite Electric Private Limited
FY 2024 filings availableSturlite Electric Private Limited reported revenue of ₹471.46 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over three years. 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 |
|---|---|---|---|---|
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| Other Income | ||||
| Total Revenue | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹49.6 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹27.81 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.5% | |||
| Net Profit Margin | 5.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Sturlite Electric Private Limited, buy the company report.
Board of directors of Sturlite Electric Private Limited
Sturlite Electric has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjaykumar Jain Also directs: Araya Health Private Limited, Sturlite Industries Private Limited, Sturlite Greentech Solutions Private Limited and 5 more | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
| Sandeep Kantilal Also directs: Araya Health Private Limited, Sturlite Industries Private Limited, Sturlite Greentech Solutions Private Limited and 5 more | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
| Chandanmal Mukesh Jain Also directs: Araya Health Private Limited, Sturlite Industries Private Limited, Sturlite Greentech Solutions Private Limited and 5 more | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
Peer comparison
Sturlite Electric Private 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 (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kairvam Electronics India Private Limited | ₹498.46 Cr (FY 2025) | -60.0% | New Delhi, Delhi, India | |||
| Alps Alpine India Private Limited | ₹487.65 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Luker Electric Technologies Private Limited | ₹485.37 Cr (FY 2025) | 10.0% | Kochi, Kerala, India | |||
| Sturlite Electric Private Limitedthis company | ₹471.46 Cr (FY 2024) | ₹27.81 Cr | 5.9% | Bangalore, Karnataka, India |
To see the full peer comparison of Sturlite Electric Private Limited, buy the company report.
Auditor
Sturlite Electric Private Limited is audited by A S P R & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S P R & Co. | FY 2023 | 018262S |
Shareholding
The shareholding of Sturlite Electric Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sturlite Electric Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2025 | 101170538 | Axis Bank Limited | ₹23.69 Lakh | Open | |
| 05 Jul 2025 | 101131031 | Axis Bank Limited | ₹30 Cr | Open | |
| 24 Feb 2025 | 101065623 | Others | ₹26.01 Lakh | Open | |
| 01 Oct 2024 | 101002136 | Others | ₹44.54 Lakh | Open | |
| 28 Aug 2024 | 100990007 | Others | ₹49.9 Cr | Open |
To see the full charge records of Sturlite Electric Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Sturlite Electric Private Limited has 3 deals on record (1 convertible or debt financing, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.81 Cr; the latest was in July 2020.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| May 2020 | Funding round | ₹3.46 Cr | Investors: an individual |
To see the full deal history of Sturlite Electric Private 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
Sturlite Electric Private Limited has 57 court cases on record: 56 filed by Sturlite Electric, 1 filed against it. 24 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 56 | 1 | 24 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against JK Traders | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against JK Traders | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Sturlite Electric 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
Sturlite Electric Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 31 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Handy Online Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sturlite Electric Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sturlite Electric has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sturlite Industries Private Limited | U31905KA2022PTC159612 |
To see the full group structure of Sturlite Electric Private Limited, buy the company report.
GST
Sturlite Electric has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABDCS6025N1ZZ | Maharashtra | Active | 01 Apr 2020 |
| 33ABDCS6025N1Z6 | Tamil Nadu | Active | 09 Jul 2020 |
| 37ABDCS6025N1ZY | Andhra Pradesh | Active | 01 Feb 2021 |
| 24ABDCS6025N1Z5 | Gujarat | Active | 20 Oct 2021 |
To see the full GST registrations and return filing status of Sturlite Electric Private Limited, buy the company report.
Recent activity
Sturlite Electric Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Chandanmal Mukesh Jain was appointed as Director on 01 Apr 2020.
15 earlier events are in the company report.
Frequently asked questions
Sturlite Electric is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 April 2020 (6+ years old) and is registered under CIN U74140KA2020PTC133638.
Sturlite Electric has 3 current directors:
- Sanjaykumar Jain - Director
- Sandeep Kantilal - Director
- Chandanmal Mukesh Jain - Director
The latest financial statements of Sturlite Electric on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Sturlite Electric is 27ABDCS6025N1ZZ, registered in Maharashtra. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 33ABDCS6025N1Z6 (Tamil Nadu), 37ABDCS6025N1ZY (Andhra Pradesh), 24ABDCS6025N1Z5 (Gujarat).
The CIN (Corporate Identification Number) of Sturlite Electric is U74140KA2020PTC133638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sturlite Electric has 57 court cases on record: 56 filed by the company and 1 filed against it. 24 are pending. Most are in the district courts.
Sturlite Electric was incorporated on 01 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Sturlite Electric has 3 deals on record (1 convertible or debt financing, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.81 Cr; the latest was in July 2020.
The peers of Sturlite Electric by revenue are Kairvam Electronics India Private Limited, Alps Alpine India Private Limited, Luker Electric Technologies Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (wholesale trading).
Chandanmal Mukesh Jain was appointed as Director on 01 Apr 2020. Sandeep Kantilal was appointed as Director on 01 Apr 2020. Sanjaykumar Jain was appointed as Director on 01 Apr 2020.
Sturlite Electric has 7 MSME Form 1 returns on record between 2021 and 2024, listing 31 overdue payments to 22 micro and small suppliers. The latest return was filed on 06 May 2024.
Sturlite Electric can be reached through the website sturlite.com. Its registered office is in Bangalore, Karnataka, India.