Austin Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.48 Cr
- Company Age 46 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.20 Cr
- Satisfied Charges ₹ 31.29 Cr
- Revenue Growth 22.42%
- Profit Growth 183.21%
- Ebitda 94.86%
- Net Worth 7.21%
- Total Assets -3.79%
About Austin Engineering Company
Austin Engineering Company Limited (AECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 July 1978 and has a history of 46 years and eight months. Its registered office is in Junagadh, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522005.
The Corporate was formerly known as Austin Engineering Company Private Limited. The Company is engaged in the Machinery And Equipment 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 4.00 Cr and a paid-up capital of Rs 3.48 Cr.
The company currently has active open charges totaling ₹15.20 Cr. The company has closed loans amounting to ₹31.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Austin Engineering Company Limited India are Siddik Kotal as CFO and Hemant Jhala as Company Secretary. Jignesh Thanki, Hiren Vadgama, Rajan Bambhania, and Four other members serve as directors at the Company.
Company Details
- Location
Junagadh, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27259GJ1978PLC003179
- Company No.
003179
- Stock Symbol
BSE : 522005
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jul 1978
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Austin Engineering Company Limited offer?
Austin Engineering Company Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Ball Bearings, Generators, Turbines & Power Plants, Power Plants & Spare Parts, Angular Contact Ball Bearing, Roller Bearings, Needle Roller Bearings, Deep Groove Ball Bearings, Industrial Bearings, Cylindrical Roller Bearing.
Who are the key members and board of directors at Austin Engineering Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajan Bambhania  | Managing Director | 08-Jun-2016 | Current |
| Siddik Kotal | CFO | 09-Apr-2019 | Current |
| Hemant Jhala | Company Secretary | 10-Oct-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hiren Vadgama | Whole-Time Director | 10-Aug-2020 | Current |
| Jignesh Thanki | Whole-Time Director | 01-Nov-2022 | Current |
| Jagdishchandra Jagani | Director | 25-Oct-2016 | Current |
| Shruti Bhadeshiya | Director | 01-Nov-2022 | Current |
| Dhiren Mithani | Director | 14-Aug-2023 | Current |
| Isha Thanki | Director | 14-Aug-2024 | Current |
Financial Performance of Austin Engineering Company.
Austin Engineering Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.42% increase. The company also saw a substantial improvement in profitability, with a 183.21% increase in profit. The company's net worth moved up by a moderate rise of 7.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Austin Engineering Company?
In 2022, Austin Engineering Company had a promoter holding of 34.00% and a public holding of 66.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Creative Castings LimitedJignesh Thanki, Hiren Vadgama and 1 more are mutual person
Marthen Enterprises Private LimitedJignesh Thanki, Hiren Vadgama and 1 more are mutual person
- Specmac Techno Private Limited
Jignesh Thanki, Hiren Vadgama and 1 more are mutual person
- Thacon Private Limited
Jignesh Thanki is a mutual person
- Emsr Foundation
Jignesh Thanki is a mutual person
- Eminent Trading (India) Llp
Hiren Vadgama and Rajan Bambhania are mutual person
Charges (Loans)
Open Charges
₹15.20 Cr
Satisfied Charges
₹31.29 Cr
Charges Breakdown by Lending Institutions
- Others : 15.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 1988 | Others | ₹15.20 Cr | Open |
| 21 May 2019 | Others | ₹1.36 M | Satisfied |
| 17 Oct 2016 | Others | ₹0.70 M | Satisfied |
| 17 Feb 2006 | Bank Of Baroda | ₹14.64 Cr | Satisfied |
| 13 Dec 2005 | Bank Of Baroda | ₹14.64 Cr | Satisfied |
How Many Employees Work at Austin Engineering Company?
Unlock and access historical data on people associated with Austin Engineering Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Austin Engineering 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 Austin Engineering Company'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.
Latest Updates, News, and FAQs on Austin Engineering Company
Recent activity within the organization
- Annual General Meeting
Austin Engineering Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Isha Kirag Thanki was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 7 months 16 days .
- Balance Sheet
Austin Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 15.20 Cr registered on 26 Oct 1988 with Charge ID 80019443 was modified on 26 Oct 2023.
- Director Appointment
Dhiren Tarachand Mithani was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Jignesh Shashikant Thanki was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Nov 2022 & has been associated with this company since 2 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Austin Engineering Company Limited?
Austin Engineering Company Limited was incorporated on 27 Jul 1978.
What is authorized share capital and paid-up capital of Austin Engineering Company Limited?
The authorized share capital of Austin Engineering Company Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.48 Cr.
Who are the current board members & directors of Austin Engineering Company Limited?
Currently 9 directors are associated with Austin Engineering Company Limited.
- Jignesh Shashikant Thanki
- Hiren Narottam Vadgama
- Rajan Ramniklal Bambhania
- Jagdishchandra Bhagwanjibhai Jagani
- Shruti Kaushal Bhadeshiya
- Dhiren Tarachand Mithani
- Isha Kirag Thanki
- Siddik Ahmedbbhai Kotal
- Hemant Singh Jhala
What is the registered address of Austin Engineering Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Austin Engineering Company Limited is Village:Patla Tal-Bhesan, Via-Ranpur Sorath Post-Vishal Hadmatiya India, Junagadh, Gujarat, 362030.
What is the corporate identification number (CIN) and company number of Austin Engineering Company Limited?
The corporate identification number (CIN) of Austin Engineering Company Limited is L27259GJ1978PLC003179 and the company number is 003179 as per Ministry of Corporate Affairs (MCA).
Is Austin Engineering Company Limited registered with any stock exchange in India?
Yes, Austin Engineering Company Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Austin Engineering Company Limited?
The Official website of Austin Engineering Company Limited is https://www.aec.com
What has been the recent revenue trend for Austin Engineering Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Austin Engineering Company Limited has risen by 22.42%.
What change has been observed in the net worth of Austin Engineering Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Austin Engineering Company Limited has experienced an upsurge of 7.21%.
What are the total open charges for Austin Engineering Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Austin Engineering Company Limited amount to ₹ 15.20 Cr.
When was the last Balance Sheet of Austin Engineering Company Limited filed with the ROC?
The most recent Balance Sheet for Austin Engineering Company Limited was filed with the ROC on 31 Mar 2024.
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