Tekcare India Private Limited
About Tekcare India Private Limited
Data last updated:
Tekcare India Private Limited is a private 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 13 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH1981PTC025424. The company has 10 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Macotax Consultants Private Limited. It is led by directors Kesharmal Nensukhlal Gandhi and Sanjay Bhaskar Hingane.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Shop – 171 – C Floor – 17 Plot – 224 Cwing Mittal Court Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2017, the company reported a revenue of ₹199.84 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.19 Cr (net margin -1.1%) and EBITDA of -₹1.7 Cr (EBITDA margin -0.9%).
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Smart Techno Care. As per MCA filings, the company has open charges of ₹20,595 Cr on record. Court records list 63 cases involving the company, including 29 filed by the company and 34 filed against it; 6 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in December 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Tekcare India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop – 171 – C Floor – 17 Plot – 224 Cwing Mittal Court Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Tekcare India 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
Tekcare India operates one associated brand: Smart Techno Care. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides repair services for refrigerators, ACs, washing machines, and microwaves. | smarttechnocare.com |
Business activity
The main business activities of Tekcare India are manufacturing and personal and household service. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair of computers and personal and household goods. 2 activity segments are registered with the MCA.
| 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 | |
| S | Personal and Household service | S2 | Repair of computers and personal and household goods |
To see the full business activity and turnover split of Tekcare India Private Limited, buy the company report.
Financials of Tekcare India Private Limited
FY 2017 filings availableTekcare India Private Limited reported revenue of ₹199.84 Cr (down 20% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year. EBITDA fell 332% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹199.84 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.7 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.19 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.9% | ||
| Net Profit Margin | -1.1% | ||
| 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 Tekcare India Private Limited, buy the company report.
Board of directors of Tekcare India Private Limited
Tekcare India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kesharmal Nensukhlal Gandhi Also directs: Tangent Electronics Private Limited, Pipavav Energy Private Limited, Jubiliant Digital Solutions Private Limited and 1 more | Director | 19 May 2011 | 15 Years 5 Months | Current |
| Sanjay Bhaskar Hingane Also directs: Jubiliant Digital Solutions Private Limited, Mercury Business Solutions Limited, Prosperous Energy Private Limited and 4 more | Additional Director | 25 Jan 2019 | 7 Years 8 Months | Current |
Auditor
Tekcare India Private Limited is audited by YADKIKAR & CHANDAK for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YADKIKAR & CHANDAK | FY 2017 | 129599W |
Shareholding
The shareholding of Tekcare India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tekcare India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2015 | 10613498 | Ifci Limited | ₹200 Cr | Open | |
| 10 Sep 2015 | 10602441 | Ifci Limited | ₹200 Cr | Open | |
| 20 Aug 2015 | 10591264 | Sbicap Trustee Company Limited | ₹20,195 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Tekcare India Private Limited has 4 deals on record (4 secondary share transfers); the latest was in December 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Ce India Limited , Electroparts (India) Private Limited , Greenfield Appliances Private Limited Seller: Platinum Appliances Private Limited , Synergy Appliances Private Limited , Shree Dhoot Trading and Agencies Ltd |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Electroparts (India) Private Limited , Platinum Appliances Private Limited , Greenfield Appliances Private Limited Seller: Pacific Appliances Manufacturing & Tradi NG Limited , an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Electroparts (India) Private Limited , Pacific Appliances Manufacturing & Tradi NG Limited Seller: Platinum Appliances Private Limited , Electronics (India) Pvt Ltd |
| May 2006 | Secondary share transfer | Undisclosed | Buyer: Synergy Appliances Private Limited , Electronics (India) Pvt Ltd, Dome-Bell Electronics India Private Limited Seller: Electroparts (India) Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tekcare India Private Limited has 63 court cases on record: 29 filed by Tekcare India, 34 filed against it. 6 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 29 | 6 |
| High courts | 19 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Path Infotech Ltd | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by VRL Logistics Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (COMPLAINT ULP) | Filed against the company | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (MCC ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Pending |
To see the full case history of Tekcare India 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
No delayed payments to MSME suppliers are on our record for Tekcare India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tekcare India Private Limited has a workforce of 50 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Tekcare India has 10 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 Tekcare India Private Limited, buy the company report.
Recent activity
Tekcare India Private Limited has 11 board changes on record since 2011: 2 appointments and 9 cessations. The latest: Deepaksingh Ganpatsingh Rajput ceased to be Director on 25 Jan 2019.
5 earlier events are in the company report.
Frequently asked questions
Tekcare India is an active private 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 13 October 1981 (45+ years old) and is registered under CIN U74120MH1981PTC025424.
Tekcare India has 2 current directors:
- Kesharmal Nensukhlal Gandhi - Director
- Sanjay Bhaskar Hingane - Additional Director
The latest financial statements of Tekcare India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Tekcare India has 10 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Tekcare India is U74120MH1981PTC025424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tekcare India has 63 court cases on record: 29 filed by the company and 34 filed against it. 6 are pending. Most are in the district courts.
Tekcare India was incorporated on 13 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Tekcare India has 4 deals on record (4 secondary share transfers); the latest was in December 2016.
Deepaksingh Ganpatsingh Rajput ceased to be Director on 25 Jan 2019. Jagdish Prasad Jakhotia ceased to be Additional Director on 25 Jan 2019. Kiran Radhakrihan Patwardhan ceased to be Additional Director on 25 Jan 2019. Tekcare India has 11 board changes on record in total.
The registered office of Tekcare India is at Shop – 171 – C Floor – 17 Plot – 224 Cwing Mittal Court Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.