Universal Comfort Products Limited
About Universal Comfort Products Limited
Data last updated:
Universal Comfort Products Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Voltas Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the white goods retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 June 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29193MH2001PLC249228. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹50 Cr and a paid-up capital of ₹27.64 Cr. It was formerly known as Universal Comfort Products Private Limited. It was led by directors including Debendranath Sarangi and Anil George.
Its last annual general meeting (AGM) was held on 01 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Voltas House 'B' T. B. Kadam Marg Chinchpokli, Mumbai, Maharashtra, India – 400033.
As per the financials filed for FY 2020, the company reported a revenue of ₹1,242.64 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹78.62 Cr (net margin 6.3%) and EBITDA of ₹106.36 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company had about 33 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹65 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in June 2008. Its 7 peer companies in the Consumer Durables industry (White Goods), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 3 smaller; the largest is Whirlpool of India Limited with revenue of ₹8,110.16 Cr.
Company details
CIN history
Universal Comfort Products has one previous CIN (Corporate Identification Number): U29193DN2001PLC000159. The current CIN is U29193MH2001PLC249228, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29193MH2001PLC249228 | Current |
| U29193DN2001PLC000159 | Previous |
Contact details
Universal Comfort Products Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressVoltas House 'B' T. B. Kadam Marg Chinchpokli, Mumbai, Maharashtra, India – 400033
- IndustryConsumer Electronics & Durables, White Goods Retail & Distribution
To see the full contact details of Universal Comfort Products 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
Business activity
The main business activity of Universal Comfort Products 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 Universal Comfort Products Limited, buy the company report.
Financials of Universal Comfort Products Limited
FY 2020 filings availableUniversal Comfort Products Limited reported revenue of ₹1,242.64 Cr (up 34% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 34% growth in the latest year. EBITDA rose 39% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹106.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78.62 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Universal Comfort Products Limited, buy the company report.
Board of directors of Universal Comfort Products Limited
Universal Comfort Products has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debendranath Sarangi Also directs: Southern Petrochemical Industries Corporation Limited, Tamilnadu Petroproducts Limited, Etica Developers Private Limited and 3 more | Director | 22 Jan 2019 | 7 Years 9 Months | As last reported |
| Pradeep Kumar | Nominee Director | 19 Mar 2010 | 16 Years 7 Months | As last reported |
| Anil George | Director | 31 Jul 2013 | 13 Years 3 Months | As last reported |
| Sandhya Shailesh Kudtarkar Also directs: Automobile Corporation of Goa Limited, Trent Business Support Services Limited, Tata International Limited and 4 more | Director | 24 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Universal Comfort Products Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (White Goods), 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 |
|---|---|---|---|---|---|---|
| Whirlpool of India Limited | ₹8,110.16 Cr (FY 2025) | 16.0% | Maharashtra, India | |||
| Western Refrigeration Private Limited | ₹2,555.99 Cr (FY 2025) | 22.0% | Silvasa, Dadra and Nagar Haveli, India | |||
| Carrier Airconditioning & Refrigeration Limited | ₹2,543.53 Cr (FY 2025) | 18.0% | Gurgaon, Haryana, India | |||
| Carrier Midea India Private Limited | ₹2,332.68 Cr (FY 2025) | 38.0% | Gurgaon, Haryana, India | |||
| Universal Comfort Products Limitedthis company | ₹1,242.64 Cr (FY 2020) | ₹78.62 Cr | 6.3% | 34.0% | 33 | Mumbai, Maharashtra, India |
| Frigoglass India Private Limited | ₹684.73 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Applicomp (India) Limited | ₹621.49 Cr (FY 2017) | -6.0% | Ahmednagar, Maharashtra, India | |||
| Ice Make Refrigeration Limited | ₹480.42 Cr (FY 2025) | 27.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Universal Comfort Products Limited, buy the company report.
Auditor
Universal Comfort Products Limited is audited by S R B C & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2019 | 324982E/E300003 |
Shareholding
The shareholding of Universal Comfort Products Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Universal Comfort Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2001 | 90102127 | State Bank of India | ₹65 Cr | Satisfied |
To see the full charge records of Universal Comfort Products Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Universal Comfort Products Limited has 1 deal on record (1 acquisition); the latest was in June 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2008 | Acquisition | ₹8.16 Cr | Buyer: Voltas Limited Seller: Fedders International Air Conditioning Private Limited. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Universal Comfort Products Limited has 5 court cases on record: 3 filed by Universal Comfort Products, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Civil miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Appeal | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| District court, Chandigarh | Execution petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Commissioner of Sales Tax, Dadra and Nagar H.Andors. | Disposed |
To see the full case history of Universal Comfort Products 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 Universal Comfort Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Universal Comfort Products Limited has a workforce of 33 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Universal Comfort Products has 2 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 Universal Comfort Products Limited, buy the company report.
Recent activity
Universal Comfort Products Limited has 18 board changes on record since 2006: 4 appointments and 14 cessations. The latest: Nani Byram Javeri ceased to be Director on 04 Jul 2019.
12 earlier events are in the company report.
Frequently asked questions
Universal Comfort Products has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Universal Comfort Products was a public limited company based in Mumbai, Maharashtra, India. The company worked in white goods retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 June 2001 and is registered under CIN U29193MH2001PLC249228. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Universal Comfort Products was incorporated on 29 June 2001. It is registered with the Registrar of Companies, Mumbai.
Universal Comfort Products had 4 directors:
- Debendranath Sarangi - Director
- Pradeep Kumar - Nominee Director
- Anil George - Director
- Sandhya Shailesh Kudtarkar - Director
The CIN (Corporate Identification Number) of Universal Comfort Products is U29193MH2001PLC249228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Universal Comfort Products is at Voltas House B T. B. Kadam Marg Chinchpokli, Mumbai, Maharashtra, India – 400033.
The latest financial statements of Universal Comfort Products on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 01 July 2020. Year-wise statements from 2015 are in the company report.
No. Universal Comfort Products has 2 GST registrations on record and all of them are cancelled or inactive.
Universal Comfort Products operated in the consumer electronics and durables industry, in the white goods retail and distribution segment.
Universal Comfort Products has 1 deal on record (1 acquisition); the latest was in June 2008.
The peers of Universal Comfort Products by revenue are Whirlpool of India Limited, Western Refrigeration Private Limited, Carrier Airconditioning & Refrigeration Limited, Carrier Midea India Private Limited, Frigoglass India Private Limited and 2 more, all in the Consumer Durables industry (White Goods), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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