Amalgamated Electricity Company Limited

Provides consultancy, management, and distribution services for electrical and electronic equipment.

1936 | Mumbai, Maharashtra (India) | Active
Last Updated:

Amalgamated Electricity Company Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.39 Cr
  • Company Age 88 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 26.89%
  • Profit Growth 13.10%
  • Ebitda 11.01%
  • Net Worth -202.42%
  • Total Assets 2.72%

About Amalgamated Electricity Company

Amalgamated Electricity Company Limited (AECL) was founded in India on 17 June 1936 and has a glorious history of 88 years and nine months.Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 501622.

The Company is engaged in the Business Outsourcing 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 2.25 Cr and a paid-up capital of Rs 1.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Amalgamated Electricity Company Limited India are Shreekant Kudtarkar as COMPANY SECRETARY and Mangesh Narayan as Cfo. Milan Dalal, Satyan Vadakkath, Devanshu Desai, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31100MH1936PLC002497

  • Company No.

    002497

  • Stock Symbol

    BSE : 501622

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1936

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing
Energy and Power

Who are the key members and board of directors at Amalgamated Electricity Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Shreekant Kudtarkar Country flag representing In Company Secretary01-Apr-2016Current
Mangesh Narayan Country flag representing In CFO22-Apr-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Milan Dalal Country flag representing In Director 28-Sep-1999Current
Satyan Vadakkath Country flag representing In Director 22-Apr-2019Current
Devanshu Desai Country flag representing In Director 22-Apr-2019Current
Nitin Velhal Country flag representing In Whole-Time Director 15-Oct-2008Current
Hinal Shah Director 21-Aug-2024Current

Financial Performance of Amalgamated Electricity Company.

Amalgamated Electricity Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.89% increase. The company also saw a substantial improvement in profitability, with a 13.1% increase in profit. The company's net worth observed a substantial decline by a decrease of 202.42%.

Amalgamated Electricity Company revenue growth over time
Amalgamated Electricity Company 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
26.89%
Revenue from Operations
57.58%
Total Assets
2.72%
Profit or Loss
13.10%
Net Worth
-202.42%
EBITDA
11.01%

What is the Ownership and Shareholding Structure of Amalgamated Electricity Company?

In 2023, Amalgamated Electricity Company had a promoter holding of 23.64% and a public holding of 76.35%. 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 Amalgamated Electricity Company?

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

Employee growth trends for Amalgamated Electricity Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amalgamated Electricity Company, 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 Amalgamated Electricity Company'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 Amalgamated Electricity Company

Recent activity within the organization

  • Annual General Meeting

    Amalgamated Electricity Company Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Director Appointment

    Hinal Tejas Shah was appointed as a Director was appointed as a Director on 21 Aug 2024 & has been associated with this company since 7 months 6 days .

  • Balance Sheet

    Amalgamated Electricity Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Satyan Madhavan Vadakkath was appointed as a Director was appointed as a Director on 22 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Devanshu Pravin Desai was appointed as a Director was appointed as a Director on 22 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Nitin Eknath Velhal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Oct 2008 & has been associated with this company since 16 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Amalgamated Electricity Company Limited?

    Amalgamated Electricity Company Limited was incorporated on 17 Jun 1936.

  • What is authorized share capital and paid-up capital of Amalgamated Electricity Company Limited?

    The authorized share capital of Amalgamated Electricity Company Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.39 Cr.

  • Who are the current board members & directors of Amalgamated Electricity Company Limited?

    Currently 7 directors are associated with Amalgamated Electricity Company Limited.

    • Milan Bhupendra Dalal
    • Satyan Madhavan Vadakkath
    • Devanshu Pravin Desai
    • Nitin Eknath Velhal
    • Hinal Tejas Shah
    • Shreekant Ramkrishna Kudtarkar
    • Mangesh Shirodkar Narayan

  • What is the registered address of Amalgamated Electricity Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Amalgamated Electricity Company Limited is G-1 Ground Floor Nirmal Nest Chsl Vayu Devta Mandir Complex, Borivali (W) India, Mumbai, Maharashtra, 400103.

  • What is the corporate identification number (CIN) and company number of Amalgamated Electricity Company Limited?

    The corporate identification number (CIN) of Amalgamated Electricity Company Limited is L31100MH1936PLC002497 and the company number is 002497 as per Ministry of Corporate Affairs (MCA).

  • Is Amalgamated Electricity Company Limited registered with any stock exchange in India?

    Yes, Amalgamated Electricity Company Limited is registered on Bombay Stock Exchange (BSE).

  • What has been the recent revenue trend for Amalgamated Electricity Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Amalgamated Electricity Company Limited has risen by 26.89%.

  • What change has been observed in the net worth of Amalgamated Electricity Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Amalgamated Electricity Company Limited has experienced an downturn of -202.42%.

  • When was the last Balance Sheet of Amalgamated Electricity Company Limited filed with the ROC?

    The most recent Balance Sheet for Amalgamated Electricity Company Limited was filed with the ROC on 31 Mar 2024.

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