Automatic Electric Limited

Manufacturer of electrical equipment with multiple units and branch offices, serving top clients.

1960 | Mumbai, Maharashtra (India) | Active
Last Updated:

Automatic Electric Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 8.92 M
  • Company Age 64 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 137.08 Cr
  • Satisfied Charges ₹ 112.13 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 eight 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 Electrical 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 8.92 M.

The company currently has active open charges totaling ₹137.08 Cr. The company has closed loans amounting to ₹112.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sharad Bal, Pallavi Bal, and Vrinda 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Electrical

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.

Company report

Automatic Electric Limited

Explore comprehensive data for Automatic Electric Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

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

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%.

Automatic Electric revenue growth over time
Automatic Electric profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(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%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹137.08 Cr

Satisfied Charges

₹112.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 113.67 Cr
  • Reliance Capital Ltd : 19.99 Cr
  • Religare Finvest Limited : 3.41 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Others₹1.55 CrOpen
22 Mar 2024Others₹5.00 CrOpen
09 Feb 2024Others₹0.99 MOpen
09 Feb 2024Others₹0.90 MOpen
20 Nov 2023Others₹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.

Employee growth trends for Automatic Electric Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Automatic Electric

Recent activity within the organization

  • Annual General Meeting

    Automatic Electric Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 13 Apr 2023 via Charge ID 100714911 with Others was fully satisfied on 13 Aug 2024.

  • Charges

    A charge registered on 27 Jan 2023 via Charge ID 100681413 with Others was fully satisfied on 13 Aug 2024.

  • Charges

    A charge registered on 29 Jul 2022 via Charge ID 100632326 with Others was fully satisfied on 13 Aug 2024.

  • Charges

    A charge registered on 01 Oct 2021 via Charge ID 100488296 with Others was fully satisfied on 13 Aug 2024.

  • Balance Sheet

    Automatic Electric Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Automatic Electric Limited?

    Automatic Electric Limited was incorporated on 12 Aug 1960.

  • What is authorized share capital and paid-up capital of Automatic Electric Limited?

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

  • Who are the current board members & directors of Automatic Electric Limited?

    Currently 3 directors are associated with Automatic Electric Limited.

    • Sharad Dattatraya Bal
    • Pallavi Sharad Bal
    • Vrinda Sharad Bal
  • What is the registered address of Automatic Electric Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Automatic Electric Limited is Rectifier House 570 Naigaon Cross Road Wadala, India, Mumbai, Maharashtra, 400031.

  • What is the corporate identification number (CIN) and company number of Automatic Electric Limited?

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

  • What is the official website of Automatic Electric Limited?

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

  • What has been the recent revenue trend for Automatic Electric Limited?

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

  • How many employees does Automatic Electric Limited currently have?

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

  • What change has been observed in the net worth of Automatic Electric Limited, and by what percentage?

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

  • What are the total open charges for Automatic Electric Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Automatic Electric Limited amount to ₹ 137.08 Cr.

  • When was the last Balance Sheet of Automatic Electric Limited filed with the ROC?

    The most recent Balance Sheet for Automatic Electric Limited was filed with the ROC on 31 Mar 2024.

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