Austin Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.48 Cr
- Company Age 46 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- 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 six 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 2023. 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. Hiren Vadgama, Jignesh Thanki, Rajan Bambhania, and Five 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
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
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 | 01-Feb-2008 | Current |
| Siddik Kotal | CFO | 09-Apr-2019 | Current |
| Hemant Jhala | Company Secretary | 10-Oct-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hiren Vadgama | Whole-Time Director | 10-Aug-2020 | Current |
| Jignesh Thanki | Whole-Time Director | 01-Nov-2022 | Current |
| Bhavesh Sureja | Director | 15-Mar-2003 | Current |
| Jagdishchandra Jagani | Director | 25-Oct-2016 | Current |
| Palak Doshi | Director | 13-May-2019 | Current |
| Shruti Bhadeshiya | Director | 01-Nov-2022 | 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
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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 LimitedHiren Vadgama, Jignesh Thanki and 3 more are mutual person
Eminent Trading (India) LlpHiren Vadgama and Rajan Bambhania are mutual person
- Marthen Enterprises Private Limited
Hiren Vadgama, Jignesh Thanki and 1 more are mutual person
- Specmac Techno Private Limited
Hiren Vadgama, Jignesh Thanki and 1 more are mutual person
- Vwap Investments Private Limited
Hiren Vadgama is a mutual person
- Thacon Private Limited
Jignesh Thanki is a mutual person
Charges (Loans)
₹15.20 Cr
₹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
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Alerts
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