About Torchit Electronics Private Limited
Data last updated:
Torchit Electronics Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 19 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2016PTC093428. Its GSTIN is 24AAGCT3864Q1ZO (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors including Bhushan Chelaram Punani and Jagdish Arjandas Bhagchandani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 253 Maharathi Society Nr. Sardarnagar Water Tank Hansol, Ahmedabad, Gujarat, India – 382475.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.58 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 17.3%) and EBITDA of ₹2.26 Cr (EBITDA margin 21.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 52% over five years.
The company is associated with 2 brands: Torchit and TorchIt. The company has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2020. Its 10 peer companies in the Healthcare industry (Healthcare Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Treadfit Technologies Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mytorchit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address253 Maharathi Society Nr. Sardarnagar Water Tank Hansol, Ahmedabad, Gujarat, India – 382475
- IndustryHealthcare, HealthTech & Medical Tech Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Torchit Electronics Private Limited
The main business activity of Torchit Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Torchit Electronics Private Limited FY 2025 filings available
Torchit Electronics Private Limited reported revenue of ₹10.58 Cr (up 109% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Torchit Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 109% growth in the latest year. EBITDA rose 156% 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 of Torchit Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹2.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.83 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 of Torchit Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Torchit Electronics are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Torchit Electronics Private Limited
Torchit Electronics Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Technology). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Treadfit Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ddreg Pharma Private Limited | •••• | •••• | •••• | •••• | 60 | Gurgaon, Haryana, India |
| Esbee Dynamed Private Limited | •••• | •••• | •••• | •••• | 10 | Mumbai, Maharashtra, India |
| Usekiwi Infolabs Private Limited | •••• | •••• | •••• | •••• | 332 | Dlf Qe, Haryana, India |
| Healthatm India Private Limited | •••• | •••• | •••• | •••• | 44 | Mumbai, Maharashtra, India |
| Torchit Electronics Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Logic Plus Plus India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Insta Health Solutions Private Limited | •••• | •••• | •••• | •••• | 83 | Bangalore, Karnataka, India |
| Teslon Technologies Private Limited | •••• | •••• | •••• | •••• | 35 | Bangalore, Karnataka, India |
| Mothersense Technologies Private Limited | •••• | •••• | •••• | •••• | 12 | Bangalore, Karnataka, India |
| Ask Techsoft Care Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Torchit Electronics by revenue in the Healthcare industry (Healthcare Technology), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Torchit Electronics Private Limited
Torchit Electronics Private Limited is audited by JIGAR PATEL AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JIGAR PATEL AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Torchit Electronics Private Limited
Torchit Electronics has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Chelaram Punani | Director | 01 Sep 2019 | 7 Years 1 Months | Current |
| Jagdish Arjandas Bhagchandani | Director | 19 Aug 2016 | 10 Years 1 Months | Current |
| Hunny Bhagchandani Also directs: Mount Eye Innovations Private Limited, Torchit Foundation | Director | 19 Aug 2016 | 10 Years 1 Months | Current |
| Nirupamaben Babulal Makwana | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Torchit Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Torchit Electronics Private Limited
Torchit Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Torchit Electronics Private Limited
Torchit Electronics Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Funding round | ₹50 Lakh | Investors: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Torchit Electronics Private Limited
Torchit Electronics operates two associated brands: Torchit and TorchIt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributor of crutches and sensor based devices for disabled people | torchit.in | |
| Provider of device for visually impaired | mytorchit.com |
Employees and EPFO Compliance at Torchit Electronics Private Limited
Employment history and EPFO contributions of people linked to Torchit Electronics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Torchit Electronics Private Limited
Torchit Electronics Private Limited has 10 board changes on record since 2016: 7 appointments and 3 cessations. The latest: Heena Ashok Patel ceased to be Director on 30 Sep 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Torchit Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Torchit Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Torchit Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Torchit Electronics Private Limited
Torchit Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCT3864Q1ZO | Gujarat | Active | 25 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Torchit Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Torchit Electronics Private Limited
Torchit Electronics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 19 August 2016 (10+ years old) and is registered under CIN U31909GJ2016PTC093428.
Torchit Electronics reported revenue of ₹10.58 Cr for FY 2025 (up 109% YoY).
Torchit Electronics has 4 current directors:
- Bhushan Chelaram Punani - Director
- Jagdish Arjandas Bhagchandani - Director
- Hunny Bhagchandani - Director
- Nirupamaben Babulal Makwana - Director
Torchit Electronics reported a net profit of ₹1.83 Cr (net margin 17.3%) and EBITDA of ₹2.26 Cr (EBITDA margin 21.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Torchit Electronics is 41% over three years and 52% over five years. In the latest year (FY 2025) revenue rose 109%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Torchit Electronics is 24AAGCT3864Q1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Torchit Electronics is U31909GJ2016PTC093428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Torchit Electronics was incorporated on 19 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Torchit Electronics has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2020.
The peers of Torchit Electronics by revenue are Treadfit Technologies Private Limited, Ddreg Pharma Private Limited, Esbee Dynamed Private Limited, Usekiwi Infolabs Private Limited, Healthatm India Private Limited and 5 more, all in the Healthcare industry (Healthcare Technology).
Heena Ashok Patel ceased to be Director on 30 Sep 2024. Nirupamaben Babulal Makwana was appointed as Director on 30 Sep 2024. Ashok Chhibabhai Patel ceased to be Director on 27 Apr 2023. Torchit Electronics has 10 board changes on record in total.