Beacon Energy Storage Systems Private Limited

Energy storage and power electronics manufacturer offering solutions for storage, mobility, and solar.

2018 | Ernakulam, Kerala (India) | Active
Last Updated: October 23, 2024

Beacon Energy Storage Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.23 Cr
  • Revenue Growth 51.81%
  • Profit Growth -81.92%
  • Ebitda -125.64%
  • Net Worth -357.76%
  • Total Assets -17.98%

About Beacon Energy Storage Systems

Beacon Energy Storage Systems Private Limited (BESSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 April 2018 (Six years and nine months 27 days old ). Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Beacon Storage Systems Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹2.23 Cr.

Abraham Joseph, George Attokaran, Joseph Ittiera, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999KL2018PTC052841

  • Company No.

    052841

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Electronics & Durables

What products or services does Beacon Energy Storage Systems Private Limited offer?

Beacon Energy Storage Systems Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Inverters, UPS and Converters, Home Inverter, Solar Inverter, Off Grid Solar Inverter, UPS, Online UPS, Lithium Ion Battery, Lithium Iron Phosphate Battery.

Who are the key members and board of directors at Beacon Energy Storage Systems?

Executive Team (1)

Name Designation Appointment Date Status
Joseph Ittiera Country flag representing In Managing Director 10-Apr-2018 Current

Board Members (3)

Name Designation Appointment Date Status
Abraham Joseph Country flag representing In Director 10-Apr-2018 Current
George Attokaran Country flag representing In Director 10-Apr-2018 Current
Liz Joseph Country flag representing In Director 10-Apr-2018 Current

Financial Performance of Beacon Energy Storage Systems.

Beacon Energy Storage Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.81% increase. The company also saw a substantial fall in profitability, with a 81.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 357.76%.

Graph illustrating revenue growth over time
Graph showing 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
51.81%
Revenue from Operations
51.67%
Total Assets
-17.98%
Profit or Loss
-81.92%
Net Worth
-357.76%
EBITDA
-125.64%

What is the Ownership and Shareholding Structure of Beacon Energy Storage Systems?

In 2023, Beacon Energy Storage Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.32 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 2.00 Cr
  • Hdfc Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
14 Dec 2020 The South Indian Bank Limited ₹2.00 Cr Open
14 Oct 2020 Hdfc Bank Limited ₹1.82 M Open
13 Oct 2020 Hdfc Bank Limited ₹0.50 M Open

How Many Employees Work at Beacon Energy Storage Systems?

Beacon Energy Storage Systems has a workforce of 3 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Beacon Energy Storage Systems, 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 Beacon Energy Storage Systems'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 Beacon Energy Storage Systems

Recent activity within the organization

  • Annual General Meeting

    Beacon Energy Storage Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Beacon Energy Storage Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with The South Indian Bank Limited of Rs. 20.00 M registered on 14 Dec 2020 with Charge ID 100399844 was modified on 11 Aug 2021.

    11 Aug 2021

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 20.00 M with Charge ID 100399844 was registered on 14 Dec 2020.

    14 Dec 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.82 M with Charge ID 100391432 was registered on 14 Oct 2020.

    14 Oct 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 M with Charge ID 100391431 was registered on 13 Oct 2020.

    13 Oct 2020

Frequently asked questions

  • Beacon Energy Storage Systems Private Limited was incorporated on 10 Apr 2018.

  • The authorized share capital of Beacon Energy Storage Systems Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Beacon Energy Storage Systems Private Limited.

    • Abraham Joseph
    • George Attokaran
    • Joseph Kanichai Ittiera
    • Liz Joseph
  • As per Ministry of Corporate Affairs (Mca), the registered address of Beacon Energy Storage Systems Private Limited is Xvii/606 Piraroor Po Vengoor Kalady, India, Ernakulam, Kerala, 683574.

  • The corporate identification number (CIN) of Beacon Energy Storage Systems Private Limited is U74999KL2018PTC052841 and the company number is 052841 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Beacon Energy Storage Systems Private Limited is https://www.beaconpowersys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Beacon Energy Storage Systems Private Limited has risen by 51.81%.

  • As Per 2023 financial reports, 3 employees are currently employed by Beacon Energy Storage Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Beacon Energy Storage Systems Private Limited has experienced an downturn of -357.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Beacon Energy Storage Systems Private Limited amount to ₹ 2.23 Cr.

  • The most recent Balance Sheet for Beacon Energy Storage Systems Private Limited was filed with the ROC on 31 Mar 2023.