Sundev Appliances Limited
About Sundev Appliances Limited
Data last updated:
Sundev Appliances Limited is a public 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 01 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH2007PLC168286. The company has 8 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹3.3 Cr. It is led by directors including Sivagami Sundari Devanand and Devanand Balasubramanian.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.52 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹31.59 Cr and EBITDA of -₹31.35 Cr. Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 40% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.25 Cr and satisfied charges of ₹7.45 Cr on record. Court records list 35 cases involving the company, including 9 filed by the company and 26 filed against it; 10 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sundev Appliances Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressShop No. 7 Ground Floor Motinagar Chs Roshan Nagar Sodawala Lane Borivali We, St, Mumbai, Maharashtra, India – 400092
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sundev Appliances 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
Business activity
The main business activity of Sundev Appliances is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Sundev Appliances Limited, buy the company report.
Financials of Sundev Appliances Limited
FY 2019 filings availableSundev Appliances Limited reported revenue of ₹4.52 Cr (down 91% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 91% fall in the latest year. EBITDA fell 52% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.59 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Sundev Appliances Limited, buy the company report.
Board of directors of Sundev Appliances Limited
Sundev Appliances has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivagami Sundari Devanand | Director | 01 Mar 2007 | 19 Years 7 Months | Current |
| Devanand Balasubramanian | Director | 01 Mar 2007 | 19 Years 7 Months | Current |
| Balasubramanian Sukri | Director | 01 Mar 2007 | 19 Years 7 Months | Current |
Auditor
Sundev Appliances Limited is audited by M R SHARMA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R SHARMA & CO | FY 2019 | 109965W |
Shareholding
The shareholding of Sundev Appliances 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 Sundev Appliances Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2016 | 100050054 | Others | ₹20 Lakh | Open | |
| 20 Oct 2015 | 10600976 | Others | ₹10.4 Cr | Open | |
| 30 Sep 2015 | 10600863 | Others | ₹9.65 Cr | Open | |
| 28 Sep 2013 | 10451414 | Axis Bank Limited | ₹16 Cr | Open | |
| 05 Sep 2014 | 10521012 | S. E. Investments Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Sundev Appliances Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Sundev Appliances Limited has 35 court cases on record: 9 filed by Sundev Appliances, 26 filed against it. 10 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 26 | 10 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Neogrowth Credit Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
| District court, Agra, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by M/S Paisalo Digital Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Neogrowth Credit Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by I9 Communications Pvt. Ltd. | Disposed |
To see the full case history of Sundev Appliances 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 Sundev Appliances Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sundev Appliances Limited has a workforce of 12 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sundev Appliances has 8 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sundev Appliances Limited, buy the company report.
Recent activity
Sundev Appliances Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Dhaval Jawaharmal Jawaharmal Chandan ceased to be Additional Director on 27 Sep 2013.
8 earlier events are in the company report.
Frequently asked questions
Sundev Appliances is an active public 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 01 March 2007 (19+ years old) and is registered under CIN U31908MH2007PLC168286.
Sundev Appliances has 3 current directors:
- Sivagami Sundari Devanand - Director
- Devanand Balasubramanian - Director
- Balasubramanian Sukri - Director
The latest financial statements of Sundev Appliances on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Sundev Appliances has 8 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sundev Appliances is U31908MH2007PLC168286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sundev Appliances has 35 court cases on record: 9 filed by the company and 26 filed against it. 10 are pending.
Sundev Appliances was incorporated on 01 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhaval Jawaharmal Jawaharmal Chandan ceased to be Additional Director on 27 Sep 2013. Balasubramanian Sukri was appointed as Director on 01 Mar 2007. Devanand Balasubramanian was appointed as Director on 01 Mar 2007. Sundev Appliances has 4 board changes on record in total.
The registered office of Sundev Appliances is at Shop No. 7 Ground Floor Motinagar Chs Roshan Nagar Sodawala Lane Borivali We, St, Mumbai, Maharashtra, India – 400092.
Sundev Appliances operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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