Coromandel Electric Company Profile
Key Indicators
- Authorised Capital ₹ 23.00 Cr
as on 24-06-2024
- Paid Up Capital ₹ 7.00 M
as on 24-06-2024
- Company Age 27 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.00 Cr
as on 24-06-2024
- Satisfied Charges ₹ 69.68 Cr
as on 24-06-2024
- Revenue 25.52%
(FY 2022)
- Profit 40.12%
(FY 2022)
- Ebitda 41.91%
(FY 2022)
- Net Worth 9.82%
(FY 2022)
- Total Assets 2.43%
(FY 2022)
About Coromandel Electric Company
The Company is engaged in the Energy And Power 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 23.00 Cr and a paid-up capital of Rs 7.00 M.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹69.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Narayanaswamy Srinivasan, Karuppannan Salem, Lakshmiaparna Sreekumar, and Four other members serve as directors at the Company.
- CIN/LLPIN
U45207TN1997PLC038219
- Company No.
038219
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 1997
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Coromandel Electric Company?
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandhya Rajan  | Additional Director | 07-Mar-2024 | Current |
| Rakesh Singh | Director | 09-Aug-2016 | Current |
| Narayanaswamy Srinivasan | Director | 24-Jul-2003 | Current |
| Karuppannan Salem | Director | 27-Apr-2022 | Current |
| Lakshmiaparna Sreekumar | Additional Director | 07-Mar-2024 | Current |
| Rupa Gurunath | Director | 31-Mar-2008 | Current |
Financial Performance and Corporate Structure Insights of Coromandel Electric Company.
Coromandel Electric Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.52% increase. The company also saw a substantial improvement in profitability, with a 40.12% increase in profit. The company's net worth moved up by a moderate rise of 9.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Coromandel Electric Company?
In 2022, Coromandel Electric Company had a promoter holding of 50.14% and a public holding of 49.86%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
India Cements Capital LimitedActive 39 years 1 monthLakshmiaparna Sreekumar and Sandhya Rajan are mutual person
- India Cements Investment Services LimitedActive 30 years 3 months
Lakshmiaparna Sreekumar is a mutual person
Coromandel Sugars LimitedActive 28 years 6 monthsNarayanaswamy Srinivasan, Karuppannan Salem and 3 more are mutual person
The India Cements LimitedActive 78 years 9 monthsNarayanaswamy Srinivasan, Lakshmiaparna Sreekumar and 2 more are mutual person
- Visaka Cement Industry Ltd,Inactive For E-Filing 30 years 4 months
Narayanaswamy Srinivasan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Bank Limited Creation Date: 06 Jul 2010 | ₹30.00 Cr | Open |
Idbi Bank Limited Creation Date: 11 Apr 2011 | ₹3.10 Cr | Satisfied |
Idbi Bank Limited Creation Date: 07 May 2010 | ₹12.00 Cr | Satisfied |
How Many Employees Work at Coromandel Electric Company?
Coromandel Electric Company has a workforce of 61 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 Coromandel Electric Company, 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 Coromandel Electric Company'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.
