Andhra Electronics Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 1.13 Cr
- Company Age 47 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.06 Cr
- Revenue Growth 9.97%
- Profit Growth 21.52%
- Ebitda 14.63%
- Net Worth 11.98%
- Total Assets 7.62%
About Andhra Electronics
Andhra Electronics Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 February 1977 and has a history of 47 years and 11 months. Its registered office is in Godavari, Andhra Pradesh, India.
The Corporate was formerly known as Andhra 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 10.00 Cr and a paid-up capital of Rs 1.13 Cr.
The company currently has active open charges totaling ₹14.06 Cr.
Ratnakumar Bikkani, Venkata Karipineni, Lakshminarayana Bolla, and One other member serve as directors at the Company.
Company Details
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Location
Godavari, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29309AP1977PLC002130
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Company No.
002130
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Feb 1977
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
What products or services does Andhra Electronics Limited offer?
Andhra Electronics Limited offers a wide range of products and services, including Electronic Oscillator, Quartz Ore, Quartz Crystal.
Who are the key members and board of directors at Andhra Electronics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ratnakumar Bikkani
|
Managing Director | 05-Aug-2005 | Current |
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Lakshminarayana Bolla
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Managing Director | 29-Sep-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Venkata Karipineni
|
Whole-Time Director | 27-Sep-2005 | Current |
|
Abhinay Bikkani
|
Whole-Time Director | 27-Nov-2021 | Current |
Financial Performance of Andhra Electronics.
Andhra Electronics Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.97% increase. The company also saw a substantial improvement in profitability, with a 21.52% increase in profit. The company's net worth Soared by an impressive increase of 11.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Andhra Electronics?
In 2023, Andhra Electronics had a promoter holding of 54.77% and a public holding of 45.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hbl Engineering LimitedVenkata Karipineni is a mutual person
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Ulektz Learning Solutions Private LimitedRatnakumar Bikkani is a mutual person
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Sri Bhavani Castings LtdVenkata Karipineni is a mutual person
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Ael Data Services LlpRatnakumar Bikkani and Lakshminarayana Bolla are mutual person
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Sri Kvr Forgings Private Limited
Ratnakumar Bikkani and Abhinay Bikkani are mutual person
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Elitech Electronics Private Limited
Venkata Karipineni and Lakshminarayana Bolla are mutual person
Charges (Loans)
₹14.06 Cr
₹0
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 7.83 Cr
- I.D.B.I. Bank Ltd. : 3.88 Cr
- Industrial Development Bank Of India Limited : 2.00 Cr
- Hdfc Bank Limited : 0.19 Cr
- Sundaram Finance Ltd. : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2022 | Hdfc Bank Limited | ₹1.95 M | Open |
| 18 Dec 2012 | Bank Of Baroda | ₹5.13 Cr | Open |
| 24 Oct 2007 | Industrial Development Bank Of India Limited | ₹2.00 Cr | Open |
| 18 Jul 2000 | I.D.B.I. Bank Ltd. | ₹2.85 Cr | Open |
| 20 Mar 1998 | Bank Of Baroda | ₹1.65 Cr | Open |
How Many Employees Work at Andhra Electronics?
Andhra Electronics has a workforce of 39 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Andhra 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 Andhra Electronics's trajectory.
Rating
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
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.