Panasonic Appliances India Company Limited

This company manufactures and sells household appliances, including kitchen appliances and solar lights, primarily in India.

1988 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Panasonic Appliances India Company Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 19.75 Cr
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 66.13 Cr
  • Revenue Growth -4.02%
  • Profit Growth -94.53%
  • Ebitda -80.68%
  • Net Worth -16.47%
  • Total Assets -3.07%

About Panasonic Appliances India Company

Panasonic Appliances India Company Limited (PAICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 September 1988 and has a history of 36 years and seven months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Indo Matsushita Appliances Company Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 19.75 Cr.

The company has closed loans amounting to ₹66.13 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Panasonic Appliances India Company Limited India are Jayaraman Kumar as CFO and Ajay Shukla as Company Secretary. Ken Nakayama, Thiagarajan Ganesan, Nobuyuki Shimobayashi, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30007TN1988PLC016184

  • Company No.

    016184

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 1988

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

What products or services does Panasonic Appliances India Company Limited offer?

Panasonic Appliances India Company Limited offers a wide range of products and services, including Salon, Spa Kits & Equipments, Hair Trimmers & Shavers, Camera & Photography Equipments, Camera, Audio Mixer, Recorder & Transmitter, Music Systems, Presentation Boards & Accessories, Interactive Board, LED, LCD, Smart TV and Home Theatre, LED TV.

Company report

Panasonic Appliances India Company Limited

Explore comprehensive data for Panasonic Appliances India Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Panasonic Appliances India Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Thiagarajan Ganesan Country flag representing In Managing Director01-Apr-2019Current
Jayaraman Kumar CFO26-Apr-2022Current
Ajay Shukla Country flag representing In Company Secretary12-Aug-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Rajashree Santhanam Country flag representing In Director 08-Nov-2022Current
Ken Nakayama Country flag representing Jp Whole-Time Director 01-Jul-2022Current
Nobuyuki Shimobayashi Country flag representing Jp Director 01-Jun-2023Current

Financial Performance of Panasonic Appliances India Company.

Panasonic Appliances India Company Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.02% decrease. The company also saw a substantial fall in profitability, with a 94.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.47%.

Panasonic Appliances India Company revenue growth over time
Panasonic Appliances India Company profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.02%
Revenue from Operations
-4.49%
Total Assets
-3.07%
Profit or Loss
-94.53%
Net Worth
-16.47%
EBITDA
-80.68%

What is the Ownership and Shareholding Structure of Panasonic Appliances India Company?

In 2022, Panasonic Appliances India Company had a promoter holding of 95.43% and a public holding of 4.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹66.13 Cr

Charges Breakdown by Lending Institutions

  • The Bank Of Tokyo - Mitsubishi Ufj Ltd : 30.00 Cr
  • The Bank Of Tokyo-Mitsubishi Ujf Limited : 25.75 Cr
  • State Industries Promotion Cororation Of Tamil Nadu : 8.15 Cr
  • State Bank Of India : 1.05 Cr
  • Indian Bank : 0.76 Cr
  • Others : 0.43 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jul 2021Hdfc Bank Limited₹2.95 MSatisfied
01 Apr 2010The Bank Of Tokyo - Mitsubishi Ufj Ltd₹30.00 CrSatisfied
01 Apr 2010The Bank Of Tokyo-Mitsubishi Ujf Limited₹8.00 CrSatisfied
15 Feb 1996Indian Bank₹2.00 MSatisfied
19 Jul 1993The Bank Of Tokyo Ltd.₹1.35 MSatisfied

How Many Employees Work at Panasonic Appliances India Company?

Panasonic Appliances India Company has a workforce of 401 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Panasonic Appliances India Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Panasonic Appliances India Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Panasonic Appliances India Company's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Panasonic Appliances India Company

Recent activity within the organization

  • Annual General Meeting

    Panasonic Appliances India Company Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Panasonic Appliances India Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Nobuyuki Shimobayashi was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Ajay Shukla was appointed as a Company Secretary was appointed as a Company Secretary on 12 Aug 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge registered on 07 Jul 2021 via Charge ID 100468049 with Hdfc Bank Limited was fully satisfied on 28 Jul 2022.

  • Director Appointment

    Ken Nakayama was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jul 2022 & has been associated with this company since 2 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Panasonic Appliances India Company Limited?

    Panasonic Appliances India Company Limited was incorporated on 09 Sep 1988.

  • What is authorized share capital and paid-up capital of Panasonic Appliances India Company Limited?

    The authorized share capital of Panasonic Appliances India Company Limited is ₹ 25.00 Cr and paid-up capital is ₹ 19.75 Cr.

  • Who are the current board members & directors of Panasonic Appliances India Company Limited?

    Currently 6 directors are associated with Panasonic Appliances India Company Limited.

    • Ken Nakayama
    • Thiagarajan Ganesan
    • Nobuyuki Shimobayashi
    • Jayaraman Satish Kumar
    • Ajay Shukla
    • Rajashree Santhanam
  • What is the registered address of Panasonic Appliances India Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Panasonic Appliances India Company Limited is National Highway No.5, Sholavaram Villag Chennai-67. Tiruvallur Dist. India, Tamil Nadu, 600067.

  • What is the corporate identification number (CIN) and company number of Panasonic Appliances India Company Limited?

    The corporate identification number (CIN) of Panasonic Appliances India Company Limited is U30007TN1988PLC016184 and the company number is 016184 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Panasonic Appliances India Company Limited?

    The Official website of Panasonic Appliances India Company Limited is https://www.panasonicappliances.in

  • What has been the recent revenue trend for Panasonic Appliances India Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Panasonic Appliances India Company Limited has fallen by -4.02%.

  • How many employees does Panasonic Appliances India Company Limited currently have?

    As Per 2023 financial reports, 401 employees are currently employed by Panasonic Appliances India Company Limited.

  • What change has been observed in the net worth of Panasonic Appliances India Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Panasonic Appliances India Company Limited has experienced an downturn of -16.47%.

  • When was the last Balance Sheet of Panasonic Appliances India Company Limited filed with the ROC?

    The most recent Balance Sheet for Panasonic Appliances India Company Limited was filed with the ROC on 31 Mar 2024.

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