Abc Bearings Limited logo

Abc Bearings Limited

Manufacturer of various types of bearings for automotive industry.
1961 | Mumbai, Maharashtra (India) | Merged

Last Updated:

April 30, 2024
HomeCompanyAbc Bearings Limited

Who are the key members and board of directors at Abc Bearings?

Executive Team (3)

NameDesignationAppointment DateStatus
Pradip Patel InManaging Director01-Aug-1986Current
Sanjay Desai InCompany SecretaryCurrent
Mr Choudhary InCFOCurrent

Board Members(7)

NameDesignationAppointment DateStatus
Jal Patel In Director 26-May-2004Current
Sudhir Patel Gb Whole-Time Director 02-Sep-1989Current
Tanuj Patel Gb Whole-Time Director 24-Jul-2007Current
Shishir Diwanji In Director 23-Jun-1988Current
Jolly Plammoottil In Director 23-Mar-2015Current
Nalin Shah In Director 16-Jul-2013Current

Financial Performance and Corporate Structure Insights of Abc Bearings.

Abc Bearings Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 5.62% increase. The company also saw a substantial improvement in profitability, with a 116.21% increase in profit. The company's net worth moved up by a moderate rise of 9.33%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.62%
Revenue from Operations
5.64%
Total Assets
-7.42%
Profit or Loss
116.21%
Net Worth
9.33%
EBITDA
14.67%

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Charges (Loans)

Satisfied Charges

₹303.87 Cr

LenderAmountStatus

Tata Capital Financial Services Limited

Creation Date: 25 Oct 2013
₹15.00 CrSatisfied

Others

Creation Date: 20 Jul 2013
₹18.75 CrSatisfied

State Bank Of India

Creation Date: 06 Aug 2011
₹50.00 CrSatisfied

How Many Employees Work at Abc Bearings?

Abc Bearings has a workforce of 364 employees as of Mar 23, 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 Graph

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Rating

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Latest Updates, News, and FAQs on Abc Bearings

Recent activity within the organization

  • Charges

    A charge registered on 20 Jul 2013 via Charge ID 10437969 with Others was fully satisfied on 30 Jul 2018.

    30 Jul 2018

  • Annual General Meeting

    Abc Bearings Limited last Annual general meeting of members was held on 20 Sep 2017 as per latest MCA records.

    20 Sep 2017

  • Charges

    A charge registered on 06 Aug 2011 via Charge ID 10303609 with State Bank Of India was fully satisfied on 11 Sep 2017.

    11 Sep 2017

  • Charges

    A charge registered on 25 May 2009 via Charge ID 10162687 with Idbi Bank Limited was fully satisfied on 26 Apr 2017.

    26 Apr 2017

  • Charges

    A charge registered on 25 Oct 2013 via Charge ID 10458217 with Tata Capital Financial Services Limited was fully satisfied on 20 Apr 2017.

    20 Apr 2017

  • Balance Sheet

    Abc Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Abc Bearings Limited was incorporated on 30 May 1961.

  • The authorized share capital of Abc Bearings Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.55 Cr.

  • Currently 10 directors are associated with Abc Bearings Limited.

    • Sudhir Manubhai Patel
    • Pradip Manubhai Patel
    • Tanuj Manubhai Patel
    • Jal Patel
    • Shishir Kisonlal Diwanji
    • Jolly Abraham Plammoottil
    • Sanjay Babubhai Desai
    • Nalin Mansukhlal Shah
    • Sahir Sudhir Patel
    • Mr SK Choudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abc Bearings Limited is 402-B Poonam Chambers, Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Abc Bearings Limited is L29130MH1961PLC012028 and the company number is 012028 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abc Bearings Limited is https://www.abcbearings.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Abc Bearings Limited has risen by 5.62%.

  • As Per 2017 financial reports, 364 employees are currently employed by Abc Bearings Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Abc Bearings Limited has experienced an upsurge of 9.33%.

  • The most recent Balance Sheet for Abc Bearings Limited was filed with the ROC on 31 Mar 2017.

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