- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0001626

About Theeta Electricals Private Limited
Data last updated:
Theeta Electricals Private Limited is a private limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 17 December 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29141DL1983PTC017143. Its GSTIN is 06AABCT0741M1ZD (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Cross Electronics Pvt Ltd. It is led by directors including Atam Parkash and Satish Kumar Gulati.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Community Centre Naraina Industrial Area Phase – I, Delhi, India – 110028.
As per the financials filed for FY 2024, the company reported a revenue of ₹74.92 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹29.03 Lakh (net margin 0.4%) and EBITDA of ₹4.04 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 206 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Theeta. As per MCA filings, the company has open charges of ₹38.17 Cr and satisfied charges of ₹23.94 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.9 Cr; the latest was in January 2020. Its 6 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Unipack Packaging Pvt. Ltd. with revenue of ₹75.51 Cr. The company has 13 MSME Form 1 returns on record between 2017 and 2023, listing 275 overdue payments to 59 micro and small suppliers.
Theeta Electricals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0001626). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theeta.com.
Company details
Recognitions & Rankings of Theeta Electricals
Contact details
Theeta Electricals Private Limited's registered office is in Delhi, Delhi. Its website is theeta.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Community Centre Naraina Industrial Area Phase – I, Delhi, India – 110028
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Theeta Electricals 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
Theeta Electricals operates one associated brand: Theeta. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of heating elements for household, commercial, and industrial applications. | theeta.com |
Business activity
The main business activity of Theeta Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| 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 |
To see the full business activity and turnover split of Theeta Electricals Private Limited, buy the company report.
Financials of Theeta Electricals Private Limited
FY 2025 filings availableTheeta Electricals Private Limited reported revenue of ₹74.92 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 6% 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 |
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| EBITDA | ₹4.04 Cr | ||||
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| Net Profit (PAT) | ₹29.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Theeta Electricals Private Limited, buy the company report.
Board of directors of Theeta Electricals Private Limited
Theeta Electricals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atam Parkash Also directs: Theeta Industrial Heating Equipments Pvt Ltd | Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Satish Kumar Gulati Also directs: Theeta Industrial Heating Equipments Pvt Ltd | Director | 10 May 2023 | 3 Years 5 Months | Current |
| Manish Gulati | Director | 01 Apr 2003 | 23 Years 7 Months | Current |
Peer comparison
Theeta Electricals Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unipack Packaging Pvt. Ltd. | ₹75.51 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Fortunearrt Wires & Cables Private Limited | ₹75.27 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Ravi Pankha (India) Private Limited | ₹74.94 Cr (FY 2025) | 20.0% | Varanasi, Uttar Pradesh, India | |||
| Theeta Electricals Private Limitedthis company | ₹74.92 Cr (FY 2024) | ₹29.03 Lakh | 0.4% | -21.0% | 206 | Delhi, India |
| Swan Electric Engineering Company Private Limited | ₹74.25 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Abby Lighting and Switchgear Limited | ₹74.08 Cr (FY 2024) | 43.0% | Mumbai, Maharashtra, India | |||
| Electra Accumulators Limited | ₹73.85 Cr (FY 2018) | 42.0% | Vapi, Gujarat, India |
To see the full peer comparison of Theeta Electricals Private Limited, buy the company report.
Auditor
Theeta Electricals Private Limited is audited by V KUMAR & S KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V KUMAR & S KUMAR | FY 2023 | 020291N |
Shareholding
The shareholding of Theeta Electricals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Theeta Electricals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2022 | 100550638 | Others | ₹67 Lakh | Open | |
| 28 Sep 2020 | 100386251 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 29 Jul 2016 | 100055311 | Hdfc Bank Limited | ₹33.5 Cr | Open | |
| 27 Mar 2015 | 10557553 | Sidbi | ₹3 Cr | Satisfied | |
| 03 Nov 2014 | 10543071 | The Hongkong and Shanghai Banking Corporation Limited | ₹80 Lakh | Satisfied |
To see the full charge records of Theeta Electricals Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Theeta Electricals Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.9 Cr; the latest was in January 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2009 | Funding round | ₹1.9 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Theeta Electricals Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Saharanpur, Uttar Pradesh | Court case (Motor Vehc Act) | Filed against the company by State Goverment | Disposed |
To see the full case history of Theeta Electricals 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
Theeta Electricals Private Limited has 13 MSME Form 1 returns on record between 2017 and 2023, listing 275 overdue payments to 59 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 59)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pallavi Copper Pipes Private Limited | |||
| Star Copper | |||
| A V Precision Tubes Private Limited | |||
| Nippon Newline Tubes | |||
| an individual supplier |
To see the full MSME payment records of Theeta Electricals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Theeta Electricals Private Limited has a workforce of 206 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Theeta Electricals has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCT0741M1ZD | Haryana | Active | 01 Jul 2017 |
| 08AABCT0741M1Z9 | Rajasthan | Active | 07 Mar 2024 |
To see the full GST registrations and return filing status of Theeta Electricals Private Limited, buy the company report.
Recent activity
Theeta Electricals Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Atam Parkash was appointed as Director on 20 Jun 2023.
29 earlier events are in the company report.
Frequently asked questions
Theeta Electricals is an active private limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 17 December 1983 (43+ years old) and is registered under CIN U29141DL1983PTC017143.
Theeta Electricals has 3 current directors:
- Atam Parkash - Director
- Satish Kumar Gulati - Director
- Manish Gulati - Director
The latest financial statements of Theeta Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Theeta Electricals is 06AABCT0741M1ZD, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AABCT0741M1Z9 (Rajasthan).
The CIN (Corporate Identification Number) of Theeta Electricals is U29141DL1983PTC017143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Theeta Electricals has 1 court case on record: 1 filed against it.
Theeta Electricals was incorporated on 17 December 1983, making it 43+ years old. It is registered with the Registrar of Companies, Delhi.
Theeta Electricals has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.9 Cr; the latest was in January 2020.
The peers of Theeta Electricals by revenue are Unipack Packaging Pvt. Ltd, Fortunearrt Wires & Cables Private Limited, Ravi Pankha (India) Private Limited, Swan Electric Engineering Company Private Limited, Abby Lighting and Switchgear Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Atam Parkash was appointed as Director on 20 Jun 2023. Atam Parkash ceased to be Director on 31 May 2023. Satish Kumar Gulati was appointed as Director on 10 May 2023. Theeta Electricals has 5 board changes on record in total.
Yes, Theeta Electricals is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0001626).
Theeta Electricals has 13 MSME Form 1 returns on record between 2017 and 2023, listing 275 overdue payments to 59 micro and small suppliers. The latest return was filed on 01 Nov 2023.

