Chandresh Cables Limited

Manufacturer and supplier of electrical cables and wires, including low and high tension wires, for various industries and clients.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: January 11, 2025

Chandresh Cables Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.30 Cr
  • Company Age 43 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 284.24 Cr
  • Satisfied Charges ₹ 78.39 Cr
  • Revenue Growth 30.29%
  • Profit Growth 85.85%
  • Ebitda 62.29%
  • Net Worth 29.85%
  • Total Assets 34.50%

About Chandresh Cables

Chandresh Cables Limited (CCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 December 1981 and has a history of 43 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Baakra Cables Limited. The Company is engaged in the Manufacturing 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 4.50 Cr and a paid-up capital of Rs 4.30 Cr.

The company currently has active open charges totaling ₹284.24 Cr. The company has closed loans amounting to ₹78.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajendra Jain, Anil Jain, Abhivandan Lodha, and Four other members 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

    U31300MH1981PLC025897

  • Company No.

    025897

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Environment

What products or services does Chandresh Cables Limited offer?

Chandresh Cables Limited offers a wide range of products and services, including Electrical Cables & Wires, Power Cable, Armoured Cable, Aluminium Armoured Cable, Solar Cable, DC Cable, Electronic Cables, Shielded Cables, XLPE Cable, Aluminum Cables.

Who are the key members and board of directors at Chandresh Cables?

Board Members (7)

Name Designation Appointment Date Status
Ankit Lodha Country flag representing In Director 29-Mar-2013 Current
Abhishek Jain Country flag representing In Director 21-Jan-2016 Current
Rajendra Jain Country flag representing In Director 06-Jan-1989 Current
Anil Jain Country flag representing In Director 10-Nov-2007 Current
Abhivandan Lodha Country flag representing In Director 10-Nov-2007 Current
Durgasingh Rathore Country flag representing In Director 25-Feb-2017 Current

Financial Performance of Chandresh Cables.

Chandresh Cables Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.29% increase. The company also saw a substantial improvement in profitability, with a 85.85% increase in profit. The company's net worth Soared by an impressive increase of 29.85%.

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
30.29%
Revenue from Operations
30.16%
Total Assets
34.50%
Profit or Loss
85.85%
Net Worth
29.85%
EBITDA
62.29%

What is the Ownership and Shareholding Structure of Chandresh Cables?

In 2022, Chandresh Cables 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

₹284.24 Cr

Satisfied Charges

₹78.39 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 115.32 Cr
  • Others : 92.78 Cr
  • Axis Bank Limited : 40.74 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 35.00 Cr
  • Gujarat Industrial Investment Corporation Limited : 0.20 Cr
  • Others : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
10 Oct 2023 The Hongkong And Shanghai Banking Corporation Limited ₹35.00 Cr Open
16 Apr 2022 Others ₹5.66 Cr Open
27 Oct 2021 Axis Bank Limited ₹40.74 Cr Open
18 Dec 2020 Others ₹7.12 Cr Open
22 Jun 2017 Others ₹80.00 Cr Open

How Many Employees Work at Chandresh Cables?

Chandresh Cables has a workforce of 105 employees as of Jan 11, 2025. 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 Chandresh Cables, 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 Chandresh Cables'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 Chandresh Cables

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 35.00 Cr registered on 10 Oct 2023 with Charge ID 100796279 was modified on 25 Nov 2024.

    25 Nov 2024

  • Charges

    A charge with Others of Rs. 80.00 Cr registered on 22 Jun 2017 with Charge ID 100109990 was modified on 28 May 2024.

    28 May 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 43.77 Cr registered on 25 Feb 2017 with Charge ID 100080345 was modified on 01 Nov 2023.

    01 Nov 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 35.00 Cr with Charge ID 100796279 was registered on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Chandresh Cables Limited was incorporated on 21 Dec 1981.

  • The authorized share capital of Chandresh Cables Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.30 Cr.

  • Currently 7 directors are associated with Chandresh Cables Limited.

    • Rajendra Khimraj Jain
    • Anil Khimraj Jain
    • Abhivandan Chandresh Lodha
    • Ankit Chandreshji Lodha
    • Abhishek Jain
    • Durgasingh Meghsinghji Rathore
    • Prakashbhai Kalyanbhai Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chandresh Cables Limited is 413/C Vasant Wadi 4Th Floor Room No.28, Kalbadevi Road India, Mumbai City, Maharashtra, 400002.

  • The corporate identification number (CIN) of Chandresh Cables Limited is U31300MH1981PLC025897 and the company number is 025897 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chandresh Cables Limited is https://www.avocab.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chandresh Cables Limited has risen by 30.29%.

  • As Per 2023 financial reports, 105 employees are currently employed by Chandresh Cables Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chandresh Cables Limited has experienced an upsurge of 29.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Chandresh Cables Limited amount to ₹ 284.24 Cr.

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

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