Automatic Electric Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 8.92 M
- Company Age 64 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 138.34 Cr
- Satisfied Charges ₹ 102.13 Cr
- Revenue Growth 12.97%
- Profit Growth 39.97%
- Ebitda 8.37%
- Net Worth 2.21%
- Total Assets -1.39%
About Automatic Electric
Automatic Electric Limited (AEL) was founded in India on 12 August 1960 and has a glorious history of 64 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Automatic Electric Private Limited. The Company is engaged in the Energy And Environment 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 8.92 M.
The company currently has active open charges totaling ₹138.34 Cr. The company has closed loans amounting to ₹102.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sharad Bal, Vrinda Bal, and Pallavi Bal serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1960PLC011780
- Company No.
011780
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Aug 1960
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Automatic Electric Limited offer?
Automatic Electric Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Panel Meters, Sensors & Transducers, Transducers, Voltmeter, Power Meters, Transformers & Transformer Parts, Isolation Transformers, Electric Motors and Components, Synchronous Motor.
Who are the key members and board of directors at Automatic Electric?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sharad Bal  | Director | 05-Feb-2003 | Current |
| Vrinda Bal | Director | 05-Feb-2003 | Current |
| Pallavi Bal | Director | 05-Feb-2003 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Automatic Electric?
In 2023, Automatic Electric had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shree Bal Properties And Finance Private LimitedSharad Bal and Vrinda Bal are mutual person
Shree Bal Estate Private LimitedSharad Bal and Vrinda Bal are mutual person
Shree Bal Constructions Private LimitedSharad Bal and Vrinda Bal are mutual person
S B Estate Private LimitedSharad Bal and Vrinda Bal are mutual person
Monroe Impex Pvt LtdSharad Bal and Vrinda Bal are mutual person
Automatic Infotech (Ai) Digital Solutions LimitedSharad Bal and Pallavi Bal are mutual person
Charges (Loans)
₹138.34 Cr
₹102.13 Cr
Charges Breakdown by Lending Institutions
- Others : 114.94 Cr
- Reliance Capital Ltd : 19.99 Cr
- Religare Finvest Limited : 3.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Apr 2023 | Others | ₹2.00 Cr | Open |
| 27 Jan 2023 | Others | ₹2.00 Cr | Open |
| 29 Jul 2022 | Others | ₹2.00 Cr | Open |
| 30 Oct 2021 | Others | ₹7.85 M | Open |
| 01 Oct 2021 | Others | ₹4.00 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Automatic Electric, 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 Automatic Electric'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.