Advait Energy Transitions Limited

Founded in 2010 and headquartered in Gujarat, India.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 30, 2025

Advait Energy Transitions Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.80 Cr
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 221.75 Cr
  • Satisfied Charges ₹ 33.60 Cr
  • Revenue Growth 41.07%
  • Profit Growth 40.22%
  • Ebitda 81.11%
  • Net Worth 23.13%
  • Total Assets 51.63%

About Advait Energy Transitions

Advait Energy Transitions Limited (AETL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 March 2010 and has a history of 14 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543230.

The Corporate was formerly known as Advait Infratech Private Limited. The Company is engaged in the Environment 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 11.00 Cr and a paid-up capital of Rs 10.80 Cr.

The company currently has active open charges totaling ₹221.75 Cr. The company has closed loans amounting to ₹33.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Advait Energy Transitions Limited India are Rejal Sheth as CFO and Deepa Fernandes as Company Secretary. Sujit Gulati, Pramod Rai, Shalin Sheth, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    advaitinfra.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45201GJ2010PLC059878

  • Company No.

    059878

  • Stock Symbol

    BSE : 543230

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Telecom

What products or services does Advait Energy Transitions Limited offer?

Advait Energy Transitions Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Pulleys, Lighting Poles, Aluminum Poles, Chain and Pully Blocks, Pulley Sheaves, Engineering and Shipping Ropes, Wire Ropes, Clamps, Come Along Clamps.

Who are the key members and board of directors at Advait Energy Transitions?

Executive Team (3)

NameDesignationAppointment DateStatus
Shalin Sheth Country flag representing In Managing Director15-Mar-2010Current
Rejal Sheth Country flag representing In CFO01-Aug-2019Current
Deepa Fernandes Company Secretary25-Sep-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Varsha Adhikari Country flag representing In Director 09-Nov-2023Current
Sujit Gulati Country flag representing In Director 31-Jul-2024Current
Pramod Rai Country flag representing In Director 28-May-2022Current
Rejal Sheth Country flag representing In Whole-Time Director and Cfo 15-Mar-2010Current
Dinesh Patel Country flag representing In Director 07-Sep-2019Current
Bajrangprasad Maheshwari Country flag representing In Director 01-Aug-2019Current

Financial Performance of Advait Energy Transitions.

Advait Energy Transitions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.07% increase. The company also saw a substantial improvement in profitability, with a 40.22% increase in profit. The company's net worth Soared by an impressive increase of 23.13%.

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
41.07%
Revenue from Operations
40.99%
Total Assets
51.63%
Profit or Loss
40.22%
Net Worth
23.13%
EBITDA
81.11%

What is the Ownership and Shareholding Structure of Advait Energy Transitions?

In 2024, Advait Energy Transitions had a promoter holding of 73.53% and a public holding of 26.48%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹221.75 Cr

Satisfied Charges

₹33.60 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 70.00 Cr
  • State Bank Of India : 59.04 Cr
  • Axis Bank Limited : 50.09 Cr
  • Others : 26.62 Cr
  • Yes Bank Limited : 16.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Nov 2024Others₹7.00 CrOpen
28 Oct 2024Axis Bank Limited₹0.92 MOpen
21 Aug 2024Axis Bank Limited₹50.00 CrOpen
04 Jun 2024Hdfc Bank Limited₹70.00 CrOpen
25 Apr 2024Others₹1.35 MOpen

How Many Employees Work at Advait Energy Transitions?

Advait Energy Transitions has a workforce of 10 employees as of Jan 30, 2025. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advait Energy Transitions, 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 Advait Energy Transitions'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 Advait Energy Transitions

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 04 Jun 2024 with Charge ID 100939474 was modified on 06 Dec 2024.

    06 Dec 2024

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101009626 was registered on 26 Nov 2024.

    26 Nov 2024

  • Charges

    A charge registered on 21 Sep 2022 via Charge ID 100653000 with Others was fully satisfied on 08 Nov 2024.

    08 Nov 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101005717 was registered on 28 Oct 2024.

    28 Oct 2024

  • Annual General Meeting

    Advait Energy Transitions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 05 Aug 2023 via Charge ID 100765597 with Others was fully satisfied on 25 Sep 2024.

    25 Sep 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Advait Energy Transitions Limited was incorporated on 15 Mar 2010.

  • The authorized share capital of Advait Energy Transitions Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.80 Cr.

  • Currently 10 directors are associated with Advait Energy Transitions Limited.

    • Sujit Gulati
    • Pramod Kumar Rai
    • Shalin Rahulkumar Sheth
    • Rejal Shalin Sheth
    • Dinesh Babulal Patel
    • Bajrangprasad Naharmal Maheshwari
    • Varsha Biswajit Adhikari
    • Ramesh Kumar Agrawal
    • Rejal Shalin Sheth
    • Deepa Fidence Fernandes
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advait Energy Transitions Limited is Kifs Corporate House 1St Floor Iskcon Ambli Road Beside Hotel Planet Landmark Near Ashok Vatika India, Daskroi, Gujarat, 380058.

  • The corporate identification number (CIN) of Advait Energy Transitions Limited is L45201GJ2010PLC059878 and the company number is 059878 as per Ministry of Corporate Affairs (MCA).

  • Yes, Advait Energy Transitions Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Advait Energy Transitions Limited is https://www.advaitinfra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advait Energy Transitions Limited has risen by 41.07%.

  • As Per 2023 financial reports, 10 employees are currently employed by Advait Energy Transitions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advait Energy Transitions Limited has experienced an upsurge of 23.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Advait Energy Transitions Limited amount to ₹ 221.75 Cr.

  • The most recent Balance Sheet for Advait Energy Transitions Limited was filed with the ROC on 31 Mar 2024.

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