Abb India Limited

Technology company providing solutions for power grids, automation, and robotics to various industries.

1949 | Bangaluru, Karnataka (India) | Active
Last Updated:

Abb India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 42.38 Cr
  • Company Age 75 Year, 2 Months
  • Last Filing with ROC 31 Dec 2023
  • Satisfied Charges ₹ 115.00 Cr
  • Revenue Growth 23.31%
  • Profit Growth 95.54%
  • Ebitda 72.78%
  • Net Worth 22.11%
  • Total Assets 15.43%

About Abb India

Abb India Limited (AIL) was founded in India on 24 December 1949 and has a glorious history of 75 years and two months. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500002 and on the National Stock Exchange(NSE) under ABB.

The Corporate was formerly known as Asea Brown Boveri Ltd. The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 42.38 Cr.

The company has closed loans amounting to ₹115.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Abb India Limited India are Trivikram Guda as COMPANY SECRETARY and Sridhar Tyagavalli as Cfo. Shobinder Duggal, Gopika Pant, Sanjeev Sharma, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L32202KA1949PLC032923

  • Company No.

    032923

  • Stock Symbol

    BSE : 500002 NSE : ABB

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 1949

  • Date of AGM

    11 May 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Engineering
Energy and Power
Information Technology

What products or services does Abb India Limited offer?

Abb India Limited offers a wide range of products and services, including Adaptors, Plugs & Sockets, Power Sockets, VFD, PLC, HMI & Control Equipments, Starters, Batteries & Charge Storage Devices, Automotive Battery Charger, Audio Mixer, Recorder & Transmitter, Buzzers, Industrial Chemicals & Supplies, Construction Chemical.

Who are the key members and board of directors at Abb India?

Executive Team (3)

NameDesignationAppointment DateStatus
Sridhar Tyagavalli Country flag representing In CFO24-Jul-2015Current
Sanjeev Sharma Country flag representing In Managing Director01-Jan-2016Current
Trivikram Guda Country flag representing In Company Secretary22-Dec-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Gopika Pant Country flag representing In Director 27-Apr-2021Current
Shobinder Duggal Country flag representing In Director 04-Nov-2024Current
Monica Widhani Country flag representing In Director 06-May-2022Current
Carolina Granat Country flag representing Se Director 01-Apr-2022Current
Adrian Guggisberg Country flag representing Ch Director 06-May-2022Current

Financial Performance of Abb India.

Abb India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.31% increase. The company also saw a substantial improvement in profitability, with a 95.54% increase in profit. The company's net worth Soared by an impressive increase of 22.11%.

Abb India revenue growth over time
Abb India 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
23.31%
Revenue from Operations
23.56%
Total Assets
15.43%
Profit or Loss
95.54%
Net Worth
22.11%
EBITDA
72.78%

What is the Ownership and Shareholding Structure of Abb India?

In 2021, Abb India had a promoter holding of 75.00% and a public holding of 24.99%. 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

₹115.00 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 40.00 Cr
  • Canara Bank : 30.00 Cr
  • Icici Bank Limited : 30.00 Cr
  • Standard Chartered Bank : 7.50 Cr
  • Hongkong And Shanghai Banking Corporation : 7.50 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2003Canara Bank₹30.00 CrSatisfied
08 Sep 2003Standard Chartered Bank₹7.50 CrSatisfied
08 Sep 2003Union Bank Of India₹40.00 CrSatisfied
08 Sep 2003Hongkong And Shanghai Banking Corporation₹7.50 CrSatisfied
08 Sep 2003Icici Bank Limited₹15.00 CrSatisfied

How Many Employees Work at Abb India?

Abb India has a workforce of 7478 employees as of Apr 02, 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 Abb India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abb India, 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 Abb India'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 Abb India

Recent activity within the organization

  • Director Appointment

    Shobinder Duggal was appointed as a Director was appointed as a Director on 04 Nov 2024 & has been associated with this company since 4 months 2 days .

  • Annual General Meeting

    Abb India Limited last Annual general meeting of members was held on 11 May 2024 as per latest MCA records.

  • Balance Sheet

    Abb India Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Bangalore.

  • Charges

    A charge registered on 08 Sep 2003 via Charge ID 80017474 with Icici Bank Limited was fully satisfied on 18 Oct 2023.

  • Director Appointment

    Monica Widhani was appointed as a Director was appointed as a Director on 06 May 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Adrian Guggisberg was appointed as a Director was appointed as a Director on 06 May 2022 & has been associated with this company since 2 years 10 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Abb India Limited?

    Abb India Limited was incorporated on 24 Dec 1949.

  • What is authorized share capital and paid-up capital of Abb India Limited?

    The authorized share capital of Abb India Limited is ₹ 50.00 Cr and paid-up capital is ₹ 42.38 Cr.

  • Who are the current board members & directors of Abb India Limited?

    Currently 8 directors are associated with Abb India Limited.

    • Shobinder Duggal
    • Gopika Pant
    • Sanjeev Sharma
    • Monica Widhani
    • Carolina Yvonne Granat
    • Trivikram Guda
    • Sridhar Krishnaswamy Tyagavalli
    • Adrian Guggisberg

  • What is the registered address of Abb India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abb India Limited is Disha - 3Rd Floor Plot No. 5 6 2Nd Stage Peenya Industrial Area Iv, India, Bengaluru, Karnataka, 560058.

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

    The corporate identification number (CIN) of Abb India Limited is L32202KA1949PLC032923 and the company number is 032923 as per Ministry of Corporate Affairs (MCA).

  • Is Abb India Limited registered with any stock exchange in India?

    Yes, Abb India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ABB.

  • What is the official website of Abb India Limited?

    The Official website of Abb India Limited is https://www.global.abb

  • What has been the recent revenue trend for Abb India Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Abb India Limited has risen by 23.31%.

  • How many employees does Abb India Limited currently have?

    As Per 2022 financial reports, 7478 employees are currently employed by Abb India Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Abb India Limited has experienced an upsurge of 22.11%.

  • When was the last Balance Sheet of Abb India Limited filed with the ROC?

    The most recent Balance Sheet for Abb India Limited was filed with the ROC on 31 Dec 2023.

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