Automatic Electric Limited logo

Automatic Electric Limited

Manufacturer of electrical equipment with multiple units and branch offices, serving top clients.
1960 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 10, 2024
HomeCompanyAutomatic Electric Limited

Who are the key members and board of directors at Automatic Electric?

Board Members(3)

NameDesignationAppointment DateStatus
Sharad Bal In Director 05-Feb-2003Current
Vrinda Bal In Director 05-Feb-2003Current
Pallavi Bal In Director 05-Feb-2003Current

Financial Performance and Corporate Structure Insights of Automatic Electric.

Automatic Electric Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.97% increase. The company also saw a substantial improvement in profitability, with a 39.97% increase in profit. The company's net worth moved up by a moderate rise of 2.21%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.97%
Revenue from Operations
14.28%
Total Assets
-1.39%
Profit or Loss
39.97%
Net Worth
2.21%
EBITDA
8.37%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹138.34 Cr

₹102.13 Cr

LenderAmountStatus

Others

Creation Date: 13 Apr 2023
₹2.00 CrOpen

Others

Creation Date: 27 Jan 2023
₹2.00 CrOpen

Others

Creation Date: 29 Jul 2022
₹2.00 CrOpen

How Many Employees Work at Automatic Electric?

Automatic Electric has a workforce of 62 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.

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Latest Updates, News, and FAQs on Automatic Electric

Recent activity within the organization

  • Annual General Meeting

    Automatic Electric Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100714911 was registered on 13 Apr 2023.

    13 Apr 2023

  • Balance Sheet

    Automatic Electric Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 11 Jun 2018 via Charge ID 100189321 with Others was fully satisfied on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100681413 was registered on 27 Jan 2023.

    27 Jan 2023

  • Charges

    A charge registered on 08 Jan 2020 via Charge ID 100314644 with Others was fully satisfied on 02 Jan 2023.

    02 Jan 2023

Frequently asked questions

  • Automatic Electric Limited was incorporated on 12 Aug 1960.

  • The authorized share capital of Automatic Electric Limited is ₹ 4.00 Cr and paid-up capital is ₹ 8.92 M.

  • Currently 3 directors are associated with Automatic Electric Limited.

    • Sharad Dattatraya Bal
    • Vrinda Sharad Bal
    • Pallavi Sharad Bal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Automatic Electric Limited is Rectifier House570 Naigaon Cross Road, Wadala, Mumbai, Maharashtra, India, 400031.

  • The corporate identification number (CIN) of Automatic Electric Limited is U99999MH1960PLC011780 and the company number is 011780 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Automatic Electric Limited is https://www.aelindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Automatic Electric Limited has risen by 12.97%.

  • As Per 2023 financial reports, 62 employees are currently employed by Automatic Electric Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Automatic Electric Limited has experienced an upsurge of 2.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Automatic Electric Limited amount to ₹ 138.34 Cr.

  • The most recent Balance Sheet for Automatic Electric Limited was filed with the ROC on 31 Mar 2023.

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