Amara Raja Electronics Limited

Manufactures and sells home UPS and batteries under the brand 'Tribal' with a facility in Andhra Pradesh.

1999 | Chittoor, Andhra Pradesh (India) | Active
Last Updated: October 24, 2024

Amara Raja Electronics Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 33.81 Cr
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 80.15 Cr
  • Satisfied Charges ₹ 7.39 Cr
  • Revenue Growth 36.98%
  • Profit Growth -89.73%
  • Ebitda -21.65%
  • Net Worth 1.60%
  • Total Assets -6.69%

About Amara Raja Electronics

Amara Raja Electronics Limited (AREL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 August 1999 and has a history of 25 years and six months. Its registered office is in Chittoor, Andhra Pradesh, India.

The Corporate was formerly known as Amara Raja Electronics Private Limited. The Company is engaged in the Information Technology 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 40.00 Cr and a paid-up capital of Rs 33.81 Cr.

The company currently has active open charges totaling ₹80.15 Cr. The company has closed loans amounting to ₹7.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Amara Raja Electronics Limited India are Sajan David as Ceo, Ram Gobhade as Company Secretary, and Shanmuka Goru as Cfo. Chitturi Rayudu, Sastry Vadlamani, Galla Jayadev, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31402AP1999PLC032257

  • Company No.

    032257

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 1999

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

What products or services does Amara Raja Electronics Limited offer?

Amara Raja Electronics Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, Rechargeable Lights, Solar Power Plants, Solar Power Systems, Electronics Manufacturing Service, UPS, Home UPS, Decorative Light, Lamp & Lamp Shades, Lantern.

Who are the key members and board of directors at Amara Raja Electronics?

Executive Team (3)

NameDesignationAppointment DateStatus
Sajan David CEO11-Jun-2021Current
Ram Gobhade Company Secretary09-May-2024Current
Shanmuka Goru CFO26-Jun-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Chitturi Rayudu Country flag representing In Director 04-Jul-2014Current
Ramadevi Gourineni Country flag representing In Director 31-Oct-2000Current
Sastry Vadlamani Country flag representing In Director 16-Oct-2017Current
Galla Jayadev Country flag representing In Director 07-Jun-2007Current
Adiseshiah Jakkampudi Country flag representing In Director 02-Aug-2019Current
Gourineni Vikramadithya Country flag representing In Director 21-Jun-2010Current

Financial Performance of Amara Raja Electronics.

Amara Raja Electronics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.98% increase. The company also saw a substantial fall in profitability, with a 89.73% decrease in profit. The company's net worth moved up by a moderate rise of 1.6%.

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
36.98%
Revenue from Operations
36.73%
Total Assets
-6.69%
Profit or Loss
-89.73%
Net Worth
1.60%
EBITDA
-21.65%

What is the Ownership and Shareholding Structure of Amara Raja Electronics?

In 2023, Amara Raja Electronics 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

₹80.15 Cr

Satisfied Charges

₹7.39 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 33.20 Cr
  • Others : 29.23 Cr
  • Indian Bank : 17.72 Cr

Latest Charge Details

DateLenderAmountStatus
02 Apr 2024Others₹28.89 CrOpen
11 Jan 2021Indian Bank₹1.07 CrOpen
16 Mar 2019Others₹1.53 MOpen
16 Mar 2019Others₹1.90 MOpen
17 Dec 2007State Bank Of India₹33.20 CrOpen

How Many Employees Work at Amara Raja Electronics?

Amara Raja Electronics has a workforce of 361 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amara Raja Electronics, 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 Amara Raja Electronics'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 Amara Raja Electronics

Recent activity within the organization

  • Annual General Meeting

    Amara Raja Electronics Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

    29 Aug 2024

  • Director Appointment

    Shanmuka Rao Goru was appointed as a Cfo was appointed as a Cfo on 26 Jun 2024 & has been associated with this company since 7 months 28 days .

    26 Jun 2024

  • Director Appointment

    Ram Dhuraji Gobhade was appointed as a Company Secretary was appointed as a Company Secretary on 09 May 2024 & has been associated with this company since 9 months 15 days .

    09 May 2024

  • Charges

    A charge with Others amounted to Rs. 28.89 Cr with Charge ID 100908030 was registered on 02 Apr 2024.

    02 Apr 2024

  • Balance Sheet

    Amara Raja Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 33.20 Cr registered on 17 Dec 2007 with Charge ID 10086978 was modified on 02 Nov 2023.

    02 Nov 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Amara Raja Electronics Limited was incorporated on 09 Aug 1999.

  • The authorized share capital of Amara Raja Electronics Limited is ₹ 40.00 Cr and paid-up capital is ₹ 33.81 Cr.

  • Currently 10 directors are associated with Amara Raja Electronics Limited.

    • Chitturi Suresh Rayudu
    • Sastry Venkata Rama Vadlamani
    • Galla Jayadev
    • Adiseshiah Chowdary Jakkampudi
    • Ramadevi Gourineni
    • Gourineni Vikramadithya
    • Siddharth Galla
    • Sajan Pulikottil David
    • Ram Dhuraji Gobhade
    • Shanmuka Rao Goru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Amara Raja Electronics Limited is Renigunta - Cuddapah Roadkarakambadi Tirupati India, Andhra Pradesh, 517520.

  • The corporate identification number (CIN) of Amara Raja Electronics Limited is U31402AP1999PLC032257 and the company number is 032257 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Amara Raja Electronics Limited is https://www.amararajaelectronics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Amara Raja Electronics Limited has risen by 36.98%.

  • As Per 2023 financial reports, 361 employees are currently employed by Amara Raja Electronics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Amara Raja Electronics Limited has experienced an upsurge of 1.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Amara Raja Electronics Limited amount to ₹ 80.15 Cr.

  • The most recent Balance Sheet for Amara Raja Electronics Limited was filed with the ROC on 31 Mar 2024.

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