Torchit Electronics Private Limited

Creates electronic devices for visually impaired and differently abled individuals to improve their lives.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Torchit Electronics Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -8.76%
  • Profit Growth 22.91%
  • Ebitda 25.89%
  • Net Worth 51.63%
  • Total Assets 21.93%

About Torchit Electronics

Torchit Electronics Private Limited (TEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 August 2016 (Eight years and six months 4 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Healthcare 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 0.20 M and a paid-up capital of Rs 0.11 M, as per Ministry of Corporate Affairs (MCA) records.

Bhushan Punani, Hunny Bhagchandani, Jagdish Bhagchandani, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mytorchit.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ2016PTC093428

  • Company No.

    093428

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Healthcare

What products or services does Torchit Electronics Private Limited offer?

Torchit Electronics Private Limited offers a wide range of products and services, including Wheel Chairs, Crutches and Walker, Walking Stick, GPS and Navigation Devices, GPS Navigation System, Crutches, Walking Aids.

Who are the key members and board of directors at Torchit Electronics?

Board Members (4)

NameDesignationAppointment DateStatus
Jagdish Bhagchandani Country flag representing In Director 19-Aug-2016Current
Bhushan Punani Country flag representing In Director 01-Sep-2019Current
Hunny Bhagchandani Country flag representing In Director 19-Aug-2016Current
Nirupamaben Makwana Country flag representing In Director 19-Oct-2024Current

Financial Performance of Torchit Electronics.

Torchit Electronics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.76% decrease. The company also saw a substantial improvement in profitability, with a 22.91% increase in profit. The company's net worth Soared by an impressive increase of 51.63%.

Graph illustrating revenue growth over time
Graph showing 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
-8.76%
Revenue from Operations
-8.94%
Total Assets
21.93%
Profit or Loss
22.91%
Net Worth
51.63%
EBITDA
25.89%

What is the Ownership and Shareholding Structure of Torchit Electronics?

In 2023, Torchit Electronics had a public holding of 5.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Torchit Electronics?

Unlock and access historical data on people associated with Torchit Electronics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torchit Electronics, 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 Torchit Electronics'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 Torchit Electronics

Recent activity within the organization

  • Director Appointment

    Nirupamaben Babulal Makwana was appointed as a Director was appointed as a Director on 19 Oct 2024 & has been associated with this company since 4 months 4 days .

    19 Oct 2024

  • Annual General Meeting

    Torchit Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Torchit Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Bhushan Chelaram Punani was appointed as a Director was appointed as a Director on 01 Sep 2019 & has been associated with this company since 5 years 5 months .

    01 Sep 2019

  • Director Appointment

    Jagdish Arjandas Bhagchandani was appointed as a Director was appointed as a Director on 19 Aug 2016 & has been associated with this company since 8 years 6 months .

    19 Aug 2016

  • Director Appointment

    Hunny Bhagchandani was appointed as a Director was appointed as a Director on 19 Aug 2016 & has been associated with this company since 8 years 6 months .

    19 Aug 2016

Frequently asked questions

  • Torchit Electronics Private Limited was incorporated on 19 Aug 2016.

  • The authorized share capital of Torchit Electronics Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.11 M.

  • Currently 4 directors are associated with Torchit Electronics Private Limited.

    • Bhushan Chelaram Punani
    • Hunny Bhagchandani
    • Jagdish Arjandas Bhagchandani
    • Nirupamaben Babulal Makwana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torchit Electronics Private Limited is 253 Maharathi Society Nr. Sardarnagar Water Tank Hansol, India, Ahmedabad, Gujarat, 382475.

  • The corporate identification number (CIN) of Torchit Electronics Private Limited is U31909GJ2016PTC093428 and the company number is 093428 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Torchit Electronics Private Limited is https://www.mytorchit.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Torchit Electronics Private Limited has fallen by -8.76%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Torchit Electronics Private Limited has experienced an upsurge of 51.63%.

  • The most recent Balance Sheet for Torchit Electronics Private Limited was filed with the ROC on 31 Mar 2024.

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