Ability Engineering Private Limited

Manufacturer of precision tools and dies for various industries, with ISO certification and international client network.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Ability Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.71 Cr
  • Satisfied Charges ₹ 6.70 M
  • Revenue Growth 0.42%
  • Profit Growth -24.73%
  • Ebitda -17.19%
  • Net Worth 11.36%
  • Total Assets 4.23%

About Ability Engineering

Ability Engineering Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 November 2007 and has a history of 17 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹1.71 Cr. The company has closed loans amounting to ₹6.70 M, as per Ministry of Corporate Affairs (MCA) records.

Andavar, Ravi Damodaran, and Yarnagula Rao serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    abilityengg.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29268TN2007PTC065471

  • Company No.

    065471

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Ability Engineering?

Executive Team (1)

NameDesignationAppointment DateStatus
Andavar Country flag representing In Managing Director23-Nov-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Ravi Damodaran Country flag representing In Whole-Time Director 23-Nov-2007Current
Yarnagula Rao Country flag representing In Whole-Time Director 23-Nov-2007Current

Financial Performance of Ability Engineering.

Ability Engineering Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.42% increase. The company also saw a substantial fall in profitability, with a 24.73% decrease in profit. The company's net worth Soared by an impressive increase of 11.36%.

Ability Engineering revenue growth over time
Ability Engineering 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
0.42%
Revenue from Operations
0.28%
Total Assets
4.23%
Profit or Loss
-24.73%
Net Worth
11.36%
EBITDA
-17.19%

What is the Ownership and Shareholding Structure of Ability Engineering?

In 2023, Ability Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.10 M

Satisfied Charges

₹6.70 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.71 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2015State Bank Of India₹1.71 CrOpen
06 Aug 2008State Bank Of India₹6.70 MSatisfied

How Many Employees Work at Ability Engineering?

Ability Engineering has a workforce of 43 employees as of Apr 09, 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 Ability Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ability Engineering, 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 Ability Engineering'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 Ability Engineering

Recent activity within the organization

  • Annual General Meeting

    Ability Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Ability Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with State Bank Of India of Rs. 17.10 M registered on 28 Aug 2015 with Charge ID 10594036 was modified on 17 Feb 2021.

  • Charges

    A charge with State Bank Of India amounted to Rs. 17.10 M with Charge ID 10594036 was registered on 28 Aug 2015.

  • Charges

    A charge registered on 06 Aug 2008 via Charge ID 10120214 with State Bank Of India was fully satisfied on 30 Jan 2013.

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.70 M with Charge ID 10120214 was registered on 06 Aug 2008.

Frequently asked questions

  • What is the Incorporation or founding date of Ability Engineering Private Limited?

    Ability Engineering Private Limited was incorporated on 23 Nov 2007.

  • What is authorized share capital and paid-up capital of Ability Engineering Private Limited?

    The authorized share capital of Ability Engineering Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.30 M.

  • Who are the current board members & directors of Ability Engineering Private Limited?

    Currently 3 directors are associated with Ability Engineering Private Limited.

    • Andavar
    • Ravi Damodaran
    • Yarnagula Sudarsana Rao

  • What is the registered address of Ability Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ability Engineering Private Limited is 77 Sidco Industrial Estate Ambattur, Chennai, Tamil Nadu, India, 600098.

  • What is the corporate identification number (CIN) and company number of Ability Engineering Private Limited?

    The corporate identification number (CIN) of Ability Engineering Private Limited is U29268TN2007PTC065471 and the company number is 065471 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ability Engineering Private Limited?

    The Official website of Ability Engineering Private Limited is https://www.abilityengg.in

  • What has been the recent revenue trend for Ability Engineering Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ability Engineering Private Limited has risen by 0.42%.

  • How many employees does Ability Engineering Private Limited currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Ability Engineering Private Limited.

  • What change has been observed in the net worth of Ability Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ability Engineering Private Limited has experienced an upsurge of 11.36%.

  • What are the total open charges for Ability Engineering Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ability Engineering Private Limited amount to ₹ 1.71 Cr.

  • When was the last Balance Sheet of Ability Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Ability Engineering Private Limited was filed with the ROC on 31 Mar 2023.