Amco Batteries Limited

Manufacturer of automotive batteries for two-wheelers, passenger vehicles, commercial vehicles, tractors, and more.

1955 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Amco Batteries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 3.30 Cr
  • Company Age 69 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 77.36 Cr
  • Revenue Growth -94.19%
  • Profit Growth 115.64%
  • Ebitda -149.43%
  • Net Worth 3.37%
  • Total Assets -49.26%

About Amco Batteries

Amco Batteries Limited (ABL) was founded in India on 19 May 1955 and has a glorious history of 69 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Amco Batteries Private Limited. The Company is engaged in the Automotive 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 20.00 Cr and a paid-up capital of Rs 3.30 Cr.

The company has closed loans amounting to ₹77.36 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Amco Batteries Limited India is Bommalapalayam Balachandran as COMPANY SECRETARY. Mahadevan, Sampath Pillapakkam, Krishnan Sankaran, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31400TN1955PLC080755

  • Company No.

    080755

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 May 1955

  • Date of AGM

    18 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Amco Batteries Limited offer?

Amco Batteries Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Car Batteries, Amco Car Battery, Two Wheeler Battery, Amco Two Wheeler Battery, Heavy Vehicle Battery, Exide Heavy Vehicle Battery, Automotive Battery, Industrial Batteries, Generator Batteries.

Who are the key members and board of directors at Amco Batteries?

Executive Team (1)

NameDesignationAppointment DateStatus
Bommalapalayam Balachandran Country flag representing In Company Secretary24-Apr-2001Current

Board Members (4)

NameDesignationAppointment DateStatus
Mahadevan Country flag representing In Director 26-Apr-2010Current
Sampath Pillapakkam Country flag representing In Director 06-Dec-2006Current
Krishnan Sankaran Country flag representing In Additional Director 11-Sep-2023Current
Pasalai Sankaran Country flag representing In Director 22-Sep-2011Current

Financial Performance of Amco Batteries.

Amco Batteries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.19% decrease. The company also saw a substantial improvement in profitability, with a 115.64% increase in profit. The company's net worth moved up by a moderate rise of 3.37%.

Amco Batteries revenue growth over time
Amco Batteries 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
-94.19%
Revenue from Operations
-98.99%
Total Assets
-49.26%
Profit or Loss
115.64%
Net Worth
3.37%
EBITDA
-149.43%

What is the Ownership and Shareholding Structure of Amco Batteries?

In 2023, Amco Batteries 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

₹0

Satisfied Charges

₹77.36 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 44.75 Cr
  • Infrastructure Leasing & Financial Services Ltd. : 17.00 Cr
  • Infrastructure Leasing & Financial Sevies Limited : 9.00 Cr
  • Industrial Develoment Bank Of India : 2.05 Cr
  • Central Bank Executor And Trustee Co. Ltd. : 1.75 Cr
  • Others : 2.81 Cr

Latest Charge Details

DateLenderAmountStatus
17 Mar 2000Infrastructure Leasing & Financial Services Ltd.₹17.00 CrSatisfied
28 Mar 1997Infrastructure Leasing & Financial Sevies Limited₹9.00 CrSatisfied
19 Apr 1993Karnataka State Industrial Invest. And Devel. Corp. Limited₹2.24 MSatisfied
06 Aug 1992Industrial Develoment Bank Of India₹1.12 CrSatisfied
26 Mar 1992Industrial Develoment Bank Of India₹9.30 MSatisfied

How Many Employees Work at Amco Batteries?

Amco Batteries has a workforce of 6 employees as of Apr 07, 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 Amco Batteries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amco Batteries, 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 Amco Batteries'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 Amco Batteries

Recent activity within the organization

  • Director Appointment

    Krishnan Sankaran was appointed as a Additional Director was appointed as a Additional Director on 11 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Annual General Meeting

    Amco Batteries Limited last Annual general meeting of members was held on 18 Aug 2023 as per latest MCA records.

  • Balance Sheet

    Amco Batteries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 19 Apr 1993 via Charge ID 90191082 with Karnataka State Industrial Invest. And Devel. Corp. Limited was fully satisfied on 03 Jan 2023.

  • Charges

    A charge registered on 04 Mar 1992 via Charge ID 90190911 with Karnataka State Industrial Investment And Devel. Cor. Ltd. was fully satisfied on 03 Jan 2023.

  • Charges

    A charge registered on 06 Aug 1992 via Charge ID 90190973 with Industrial Develoment Bank Of India was fully satisfied on 06 Feb 2012.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Amco Batteries Limited?

    Amco Batteries Limited was incorporated on 19 May 1955.

  • What is authorized share capital and paid-up capital of Amco Batteries Limited?

    The authorized share capital of Amco Batteries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 3.30 Cr.

  • Who are the current board members & directors of Amco Batteries Limited?

    Currently 5 directors are associated with Amco Batteries Limited.

    • Mahadevan
    • Sampath Bahukudumbi Pillapakkam
    • Bommalapalayam Natarajan Balachandran
    • Krishnan Sankaran
    • Pasalai Rajamani Sankaran

  • What is the registered address of Amco Batteries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Amco Batteries Limited is Addison Buildings First Floor No 803 Anna Salai, Chennai, Tamil Nadu, India, 600002.

  • What is the corporate identification number (CIN) and company number of Amco Batteries Limited?

    The corporate identification number (CIN) of Amco Batteries Limited is U31400TN1955PLC080755 and the company number is 080755 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Amco Batteries Limited?

    The Official website of Amco Batteries Limited is https://www.amalgamationsgroup.co.in

  • What has been the recent revenue trend for Amco Batteries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Amco Batteries Limited has fallen by -94.19%.

  • How many employees does Amco Batteries Limited currently have?

    As Per 2023 financial reports, 6 employees are currently employed by Amco Batteries Limited.

  • What change has been observed in the net worth of Amco Batteries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Amco Batteries Limited has experienced an upsurge of 3.37%.

  • When was the last Balance Sheet of Amco Batteries Limited filed with the ROC?

    The most recent Balance Sheet for Amco Batteries Limited was filed with the ROC on 31 Mar 2023.

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