Teem Appliances Private Limited

Teem Appliances Private Limited - consumer electronics & durables in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U29309MH2020PTC348370 Incorporated 21 October 2020 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Micro
Data last updated
Revenue · FY 2024
₹29.56 Lakh
▲ 243% YoY
Net loss · FY 2024
₹14.29 Lakh
Net margin -48.3%
EBITDA · FY 2024
₹28.46 Lakh
EBITDA margin 96.3%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹76 Lakh
Issued & subscribed
Satisfied charges
₹5.75 Cr
No open charges
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings

About Teem Appliances Private Limited

Data last updated:

Teem Appliances Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 October 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2020PTC348370. Its GSTIN is 27AAICT1776B1ZC (Maharashtra).

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹76 Lakh. It is led by directors Sagar Shyam Tamhankar and Sushma Sagar Tamhankar.

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 Ttc Indl Area Plot No D 30/1 MIDC Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705.

As per the financials filed for FY 2024, the company reported a revenue of ₹29.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.29 Lakh (net margin -48.3%) and EBITDA of ₹28.46 Lakh (EBITDA margin 96.3%). Revenue has grown at a compounded annual rate (CAGR) of 819% over three years.

As per MCA filings, the company has satisfied charges of ₹5.75 Cr on record.

Teem Appliances Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0029024).

Company details

CIN U29309MH2020PTC348370
Registration Number 348370
Incorporation Date 21 October 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0029024

Recognitions & Rankings of Teem Appliances

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-MH-33-0029024

Contact details

Teem Appliances Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Ttc Indl Area Plot No D 30/1 MIDC Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Teem Appliances Private Limited, buy the company report.

Comprehensive company report
Teem Appliances 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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Secure checkout · GST invoice included

Business activity

The main business activity of Teem Appliances is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Teem Appliances Private Limited, buy the company report.

Financials of Teem Appliances Private Limited

FY 2024 filings available

Teem Appliances Private Limited reported revenue of ₹29.56 Lakh (up 243% YoY) for FY 2024.

Revenue · FY 2024
₹29.56 Lakh ▲ 243%
Net loss · FY 2024
₹14.29 Lakh margin -48.3%
EBITDA · FY 2024
₹28.46 Lakh margin 96.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 243%
3 years · compounded
▲ 819%
EBITDA CAGR growth
1 year
▲ 203%
3 years · compounded
▲ 48%

Revenue has grown at a compounded annual rate (CAGR) of 819% over three years, including 243% growth in the latest year. EBITDA rose 203% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹28.46 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹14.29 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin96.3%
Net Profit Margin-48.3%
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 Teem Appliances Private Limited, buy the company report.

Board of directors of Teem Appliances Private Limited

Teem Appliances has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sagar Shyam TamhankarDirector21 Oct 20206 Years 0 MonthsCurrent
Sushma Sagar TamhankarAdditional Director23 Mar 20215 Years 7 MonthsCurrent

Auditor

Teem Appliances Private Limited is audited by Harshada P Mhatre for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Harshada P MhatreFY 2023158146

Shareholding

The shareholding of Teem Appliances Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Teem Appliances Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹5.75 Cr
Breakdown by lending institutions
Others₹5.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jul 2021100472122Others₹3.5 CrSatisfied
30 Jul 2021100472124Others₹2.25 CrSatisfied

To see the full charge records of Teem Appliances Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Teem Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Teem Appliances Private Limited has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

Teem Appliances has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAICT1776B1ZCMaharashtraActive04 Dec 2020

To see the full GST registrations and return filing status of Teem Appliances Private Limited, buy the company report.

Recent activity

Teem Appliances Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Bhavesh Shantilal Patel ceased to be Director on 31 Mar 2021.

AGM
Teem Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 30 Jul 2021 via Charge ID 100472122 with Others was fully satisfied on 26 Jul 2024.
Charges
A charge registered on 30 Jul 2021 via Charge ID 100472124 with Others was fully satisfied on 26 Jul 2024.
Filing
Teem Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100472122 was registered on 30 Jul 2021.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100472124 was registered on 30 Jul 2021.
Ceased
Bhavesh Shantilal Patel ceased to be Director.
Appointed
Sushma Sagar Tamhankar was appointed as Additional Director.
Appointed
Bhavesh Shantilal Patel was appointed as Director.
Appointed
Sagar Shyam Tamhankar was appointed as Director.
Incorporation
21 Oct 2020
Teem Appliances Private Limited was registered on 21 Oct 2020 with Roc Mumbai Ii & aged 6 years 5 days as per MCA records.

Frequently asked questions

Teem Appliances is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 October 2020 (6+ years old) and is registered under CIN U29309MH2020PTC348370.

Teem Appliances has 2 current directors:

The latest financial statements of Teem Appliances 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 FY 2021 are in the company report.

The GSTIN of Teem Appliances is 27AAICT1776B1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Teem Appliances is U29309MH2020PTC348370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Teem Appliances was incorporated on 21 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

Bhavesh Shantilal Patel ceased to be Director on 31 Mar 2021. Sushma Sagar Tamhankar was appointed as Additional Director on 23 Mar 2021. Bhavesh Shantilal Patel was appointed as Director on 21 Oct 2020. Teem Appliances has 4 board changes on record in total.

Yes, Teem Appliances is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0029024).

The registered office of Teem Appliances is at Ttc Indl Area Plot No D 301 MIDC Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705.

Teem Appliances operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.