Sweta Electric P Ltd
About Sweta Electric P Ltd
Data last updated:
Sweta Electric P Ltd is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Indo-Straits Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51505MH1993PTC072720. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3.5 Lakh. It is led by directors Girija Jaysankar (Whole-Time Director) and Jaysankar Vaideswar Sankar.
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 Plot D – 9/3 T.T.C. M.I.D.C. Industrial Area Kukshet Thane Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.28 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹10.35 Lakh (net margin 40.9%) and EBITDA of ₹14.02 Lakh (EBITDA margin 55.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.64 Cr and satisfied charges of ₹6.15 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sweta Electric P Ltd's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot D – 9/3 T.T.C. M.I.D.C. Industrial Area Kukshet Thane Navi Mumbai, Maharashtra, India – 400705
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sweta Electric P Ltd, 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
Financials of Sweta Electric P Ltd
FY 2024 filings availableSweta Electric P Ltd reported revenue of ₹25.28 Lakh (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 22% growth in the latest year. EBITDA fell 16% 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 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 | ₹14.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.35 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.4% | ||||
| Net Profit Margin | 40.9% | ||||
| 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 Sweta Electric P Ltd, buy the company report.
Board of directors of Sweta Electric P Ltd
Sweta Electric P has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girija Jaysankar | Whole-Time Director | 04 Feb 1997 | 29 Years 8 Months | Current |
| Jaysankar Vaideswar Sankar | Director | 04 Feb 1997 | 29 Years 8 Months | Current |
Auditor
Sweta Electric P Ltd is audited by VSV & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSV & CO | FY 2022 | 132908W |
Shareholding
The shareholding of Sweta Electric P Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sweta Electric P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2020 | 100409040 | Others | ₹1.84 Cr | Open | |
| 09 Oct 2015 | 10595971 | Others | ₹35.8 Cr | Open | |
| 25 Oct 2012 | 10388152 | Kotak Mahindra Bank Limited | ₹5.5 Cr | Satisfied | |
| 26 Jun 2000 | 80065211 | Dhanlaxmi Bank Limited | ₹65 Lakh | Satisfied |
To see the full charge records of Sweta Electric P Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sweta Electric P Ltd has 2 court cases on record: 2 filed by Sweta Electric P. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed by the company against M/S. Hitech Sealants and Adhesives Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M S Hitech Sealants and Adhesives Pvt Ltd | Disposed |
To see the full case history of Sweta Electric P Ltd, 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 Sweta Electric P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sweta Electric P Ltd has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Sweta Electric P has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sweta Electric P Ltd, buy the company report.
Recent activity
Sweta Electric P Ltd has 2 board changes on record since 1997: 2 appointments. The latest: Girija Jaysankar was appointed as Whole-Time Director on 04 Feb 1997.
2 earlier events are in the company report.
Frequently asked questions
Sweta Electric P is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 July 1993 (33+ years old) and is registered under CIN U51505MH1993PTC072720.
Sweta Electric P has 2 current directors:
- Girija Jaysankar - Whole-Time Director
- Jaysankar Vaideswar Sankar - Director
The latest financial statements of Sweta Electric P on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Sweta Electric P has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sweta Electric P is U51505MH1993PTC072720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sweta Electric P has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Sweta Electric P was incorporated on 07 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Girija Jaysankar was appointed as Whole-Time Director on 04 Feb 1997. Jaysankar Vaideswar Sankar was appointed as Director on 04 Feb 1997.
The registered office of Sweta Electric P is at Plot D – 93 T.T.C. M.I.D.C. Industrial Area Kukshet Thane Navi Mumbai, Maharashtra, India – 400705.
Sweta Electric P operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
